I think it’s hilarious. Feels like Apple is turning into walmart

Seems like it moved the price up as well, projected 2024 I believe.

He missed a perfectly good opportunity to plug his Coinbase and get $10 worth of free bitcoin
Coinbase.com/join/llinen

AI Has been on fire. Bought in at 168.75 in the premarket today. Do your own due dilligence.

I jumped in on AI on the 18th at 135.3. Been a very nice ride. Only bought 100 shares though. But I am OK with that.

All our "growth" is running hard, "in the ditch" is waiting for more vaccine adoption. 2021 setting up beautifully!

NET
AI
JMIA
FVRR
ETSY
FSLY
MELI
MDB
SE
OKTA
TDOC
SHOP
TTD
AAPL

PYPL, SQ, V and MA are great buy and holds for the next decade. And look for the smaller payment processor opportunities around the world. Some are in the list above.

To name a few......PINS is consolidating nicely into earnings!

Allocate your resources accordingly and do your own due diligence!

I also added Flutter to my portfolio today

PTON went from 117 to 166 in 8 days. That seems a bit extreme to me. I'm shorting a couple hundred, but selling some puts to protect it a bit.

Also sold WKHS and PSTH that I bought Friday for about $1k gains. Probably going to get back in PSTH on a drop. WKHS is more for swing trading.

Pay safe is a pretty interesting, apparently its popular with kids and gamers.

WKHS may bounce up and down a few bucks over the next 4-5 months but it will skyrocket (2-3x) if the USPS awards them the EV postal vehicle contract, now set for late spring or so. If they don’t get that contract, then it’s just a bottom feeder bouncing along at 20+\- for a very long time.

I’ve bought in and out of workhorse a few times, I’m really wondering if that contract will go mostly to Ford. Seems like that contract was really hyping up and sounded like USPS was going to make a decision, then Ford announced they’d be building an EV delivery van.

What a beautiful day. The “iceman index” hit a new all time high

PINS has been consolidating and wants to break out. Nice close today

PINS does seem to be waking up for a move. Added MARA and HIVE. Hive is up almost 100% in 2 weeks and MARA is up 40% in 3 days. Am I the only one here playing the BTC bull?

Quite a bit of incompetence at Workhorse Custom Chassis. They were a customer awhile back.

The tips and advice is much appreciated!

PINS on a mini break.

Barbell approach is working

Patience on the right side of the “ditch” barbell

Excitement is still in really early phases due to media “dark winter ahead” and pent up demand is growing

The actual feeling of euphoria on the gradual reopenings due to vaccines should start playing out this spring through the summer.

Thinking Aug or Sept ish will be time to sell ditch stocks

I added Motley global portfolio service

Looking to expand emerging markets and names like SE and MELI

But some names you have never heard of trading on various exchanges

Do you want any free crypto? I'm part of the Coinbase Earn and have referral links I can send for a few different coins. You have to watch the 2 - 3 minute coinbase video about the currency, but then they deposit it right into your wallet.

PM me if you are interested in the links. It's 100% legit and right through the coinbase website.

already have an account

Make a burner account.

Any thoughts on BLOK. An ETF that seems to have slot of payment system stocks

I think you missed my suggestions, haha. Already beat you to the referral link.

Also a word to the wise, don’t bother with those other shitty altcoins. I’d say a majority of them of pump-and-dump scams. They skyrocket and then get ignored and dump to nothing.

Just focus on the stables, ETH is super strong 2.0 is rolling out with Smart contracts, it will be the future of digital currency., and ₿ Bitcoin. XRP/tether are so dumb.

Anybody here invested in Corsair gaming? Rumor is they are lining up to crush next quarter earnings, anyone else hearing this?

So what is the feel here on converting an IRA to a Roth IRA vs. simply leaving it intact? I know people’s specific situation kind of dictates the decision, but man...there doesn’t seem to be a “clearly best” decision...

It’s not a referral link. It’s what’s called Coinbase Earn. You already have to have a Coinbase account to use the link.

It’s the way Coinbase promotes new coins and has nothing to do with account sign up.

Are the Spacs long term holds for you?

I'm converting one now. I was always under the impression that Roth IRAs were not really for me as my tax rate now is higher than it will ever be. Plus, you are only allowed 7k per year, which is peanuts. However, at the rate some of my play money has appreciated this year, the taxes will take a larger amount that I thought.

My first post in this thread.....stock rookie.
Anyone else own or watching BLNK ?
I got in on Nov. 30 at $25.85, currently up over 100%........lucky me
I am thinking that I need to resist the urge to cash out and hold this one long term. Any opinions are appreciated.

BLOK is positively correlated to Bitcoin. One of the few ETF's. It has a .70 basis point fee. Like the ARK etf's, it has a relatively small amount of positions, 57, which is a GOOD thing.

However, i prefer to avoid the fee in this case and simply buy in larger %'s two of their largest holding, Paypal and Square. Bought more of both yesterday on the mini sell off.

My approach to the payment processors is to add to emerging markets like Jumia, JMIA, Africa. I got it in the 20's and it needs to pullback.

And diversified companies that have payment processing within their integrated infrastructure like MELI and SE

I like to bet big on best in breed rather than own 57 bitcoin processors. But it's def another way to play it, like the ARK funds.

ADYEN. ADYE.Y otc. Amsterdam, PAGS, Brazil are a few more traded on the US market exchanges.

PDYP.Y. Added Flutter, out of Dublin,

"Flutter's hypergrowth strategy makes sense in the context of the broader gambling and sportsbook industry. Scale is everything in the betting world, because the more business you do, the easier it is to attract bettors on both sides of contests. That makes it far simpler to manage risks and ensure consistent and dependable profits.

Coming into 2020, Flutter had done a good job of expanding into the U.S. market and solidifying its global base. Paddy Power was seeing continued growth among recreational players with its extensive portfolio of games, helping to boost customer counts 7% in 2019 despite extremely tough comparisons with 2018, a World Cup year for soccer. The Betfair platform had seen similar benefits thanks to company investments, and Australia's Sportsbet had seen considerable gains in brand awareness and mobile penetration.

Yet FanDuel and The Stars Group are undoubtedly the big focus for future growth. Matt King stayed on as divisional CEO of FanDuel after the acquisition, and he believes that FanDuel's total addressable online market could be greater than $10 billion. With a Supreme Court decision paving the way for more extensive state-level betting, FanDuel has gained access to more states, and it sees ongoing progress on the legislative front to open up new markets."

Also bought OTGL.Y. CD Projekt. Poland gaming company. Here is Motley Fool summary

"The Warsaw, Poland-based gaming company’s shares have reacted predictably to this kind of terrible newsflow, falling by nearly 50% from their peak in November. Cyberpunk 2077, which CD Projekt Red has been developing for the better part of a decade, is a public relations disaster for the company. They put out a game that is buggy, and simply too ambitious, particularly on console platforms there it is simply too much for the hardware to handle.

Cyberpunk 2077, I predict, will also be one of the most important games in the industry, and will be that way for decades. You know that old saying “buy on the cannons, sell on the trumpets?” Well, the cannons are blasting away.

Here’s why I believe that this is a blip -- yes, yes, of course the company completely blew it with its release. But read a review or two from people who are playing it either on PCs or in the cloud and you will see some form of what gaming legend Seth Schiesel wrote at Protocol: “The depth of detail, narrative maturity and sheet scale...make it one of the most engaging games I have ever played. Visually I have never seen a game as beautiful as Cyberpunk.”

Here is what I predict will happen: the optimized versions for the new PlayStation 5 and XBoxes isn’t due to come out until 2021. In the meantime those playing on PC will serve as a massive hype machine for the game. The headline of today will be forgotten. As will the current share price.

How big is this game? Let’s talk scale.

In 2011, Harry Potter and the Deathly Hallows Part 2, the final installment of the massive Harry Potter film series, hit theaters. It was a cultural phenomenon. By the end of its first weekend, Harry Potter and the Deathly Hallows Part 2 had generated $483 million in sales. To date, it is the sixth-largest-grossing movie opening of all time.

I mention this because Cyberpunk 2077 also had $480 million in preorders before it was released earlier this month on more than 8 million units sold. It’s the biggest video game launch of all time. It too is a cultural phenomenon. On Dec. 9, there were more than 1 million concurrent viewers of the gameplay on Twitch; on the morning of Dec. 10, more than 1 million people were playing it on Steam concurrently.

If the terms “Twitch” and “Steam” are not fully familiar to you, you are not alone. The growth in video gaming as what sociologist Ray Oldenburg calls a “third place” — a place where communities form that is neither home nor work — has been happening amongst the younger generations for years, but the speed at which video games have become a cultural meeting point in a time when people have been forced to be physically isolated has been breathtaking. It’s one of those things that was already happening, has been turbocharged by COVID-19, and is unlikely to reverse once the world opens back up.

In our portfolio, we have talked about the systematic, disciplined investor in gaming, Stillfront (OM: SF). CD Projekt is Stillfront's wild first cousin. Stillfront commutes to work by bike and likes a good espresso. CD Projekt has face tattoos and practices medieval sword fighting as a hobby.

CD Projekt is made up of two segments, CD Projekt Red and GOG.com, both of which are video game developers. The company's title portfolio includes massive hits like The Witcher, Thronebreaker, and, perhaps most importantly to the present moment, a brand-new, highly awaited AAA game called Cyberpunk 2077.

The two founders, Marcin Iwiński and Michał Kiciński, met in high school in Poland and shared a passion for video games. Like many gamers at the time, they sought out new games, which could be found in the computer bazaars in Warsaw. In 1994, they formed a business, CDP.pl, to import new CD-ROM software releases from overseas. It might seem somewhat unbelievable today, but their competitive advantage at the time was that they produced Polish-language boxes and manuals for the games. Even though the company (and, let's face it, the industry) has long abandoned CDs as a gaming medium, the brand awareness the company had built up locally convinced the founders to retain the name.

CD Projekt began producing games in 1999, starting with a Polish-language version of Baldur's Gate, which was owned by Interplay. Again, while this might seem bizarre today, the competitive market was made up at the time almost entirely of pirated games. Iwiński and Kiciński were essentially betting that the market would be willing to pay up for a locally produced, locally relevant game. Baldur's Gate went on to sell in excess of 100,000 copies, a wild success given the relative immaturity of the Polish market at the time.

The company followed up by forming a full-fledged studio, culminating in its release of The Witcher. In 2012, this title was re-released, garnering more than 100 international awards. In 2008, CD Projekt formed a digital distribution service, Good Old Games, which became GOG.com.

The two arms of the company have different mandates.

GOG.com publishes older games without any digital rights management, allowing consumers the ability to install the game as many times as they want. They tend to release the back catalogue of games from other developers, including ones from Ubisoft (OTC: UBSFF).

CD Projekt Red, on the other hand, is a game studio, producing high-budget titles. The studio has a reputation for high-quality games, winning the Developer of the Year award at the Game Awards in 2015. Starting in 2017, CD Project Red began talking about a massive new game it had in development, a high-budget title called Cyberpunk 2077, based upon a terrifically popular series of tabletop games first released in the 1980s.

Cyberpunk 2077 was originally supposed to be released in April 2020. It then got pushed back to November, finally being released on December 10. Reviews for this game are all over the map, with reviewer Rick Lane calling it "the best and worst game CD Projekt has made."

Certain glitches have caused CD Projekt to apologize and promise to fix the game and to offer refunds. Meanwhile, three things are happening:

The buzz around the game is incessant, including a tweetstorm by Tesla (NASDAQ: TSLA) CEO and ardent video gamer Elon Musk;
CD Projekt Red is quickly rolling out patches;
The company's stock has tanked, dropping some 30%.
I'm giving a lot of this detail to show the reality of studios that produce AAA games (an informal rating that means these take a high budget to develop): There is a great deal of focus placed on the newest title, and the market can and will overreact to the performance of that title, even in the short term. Unlike with movies, development of games can continue even after they have been released (essentially building the car while driving it). While there is no guarantee that CD Projekt will successfully make the adjustments to Cyberpunk 2077, it still has a Metacritic rating of 89, which shows just how high expectations were. This game is a massive winner, and I believe that it will not only overcome the challenges wrought by its sheer ambitiousness, it will leave a massive global community thirsty for more."

If at all possible, get the Government out of your traditional IRA's by converting to Roth.

Pay the tax now, while taxes are ON SALE and will never be lower in our lifetimes, to grow and compound for the rest of your life tax free along with passing those benefits down to beneficiaries.

For married filing joint you can go all the way UP to $326,600 of taxable income before you jump up from the 24% bracket to the 32% marginal bracket.

This leaves you with approx. a 20% average effective rate.

These tax rates expire in 2025, make the most of it, unless of course the DEMS get control of the Senate in Jan.

It's a NO BRAINER! We have been doing dozens of conversions for our clients before year end here.

You can also contribute as much as you can to a traditional IRA, SEP, 401k and then convert, a "back door Roth".

When you get it set up, the ROTH should obviously be your most aggressive account. In other words, NO BONDS!

Ask yourself this question, "Do you think income tax rates will be higher or lower in the future"?

Furthermore, if the DEMS ever get control they want to impose additional taxes on IRA's and it will be part of how they eventually solve entitlements. You will get LESS SS money while you withdraw money from your IRA's either standard distributions or through RMD's later in life.

The myth that your income and standard of living in retirement is going to be a lot less is just that, a myth!

Thus, a NO BRAINER! And i can mathematically prove it via our Roth conversion analysis software and the amount of money you will grow your accounts to versus not doing it.

You guys need to bookmark this post and let this sink in.

I also recommend looking into an IUL, indexed universal life, i put about $125k annually into 3 policies, Allianz, Pacific Life and Symetra. "Max cash contribution, minimum death benefit" so you don't violate the MEC rules, "Modified Endowment Contract".

Because i make too much money to contribute to a ROTH i go this route. When i pull the cash out against the death benefit, if i ever do, it's tax free, while growing at an average historical rate of 6.5%-7%.

And let's say the loan rate is 4.5% fixed by contract. When i pull money out, say $50k, the gains are all tax free AND that $50k still keeps working for me, the average 7% minus 4.5% keeps growing. Nice arbitrage spread.

And oh by the way, i get $3 million in permanent death benefit.

Just another idea to consider if it's right for you.

Pay safe now enables Online cash payments from Microsoft users.

Pay safe card now available in 50 countries.

Compare Cyberpunk 2077 to No Man’s Sky, the infamous flop that was in development hell for about 5 years and launched in 2016 and still gets updates and patches.
The game was overhyped to death and was touted as a revolutionary, state-of-the-art everything but the kitchen sink level game.
I cannot even begin to describe the level of hype and obsession that surrounded this game. In the end they rushed the release because people began thinking that it was a scam that would never get released (think Big Bang Bar remake) so when they released it they cut multiplayer and 90% of the features people had been freaking out over, so they got a broken, buggy mess of a game.
The founder had to briefly go into hiding due to death threats and vandalism of his house. It was BAD.

That’s just a tiny summary, but the scandal of No Man’s Sky has basically been forgotten. Hello Games has updated it and made the game incredible. It was hammered by refunds and after 1 week went from millions to only 50 players or so. It was a shock they even stayed afloat.

That should have been a lesson to CD Projekt Red but they forgot I guess. 8 years of development is ridiculous but never rush a half-baked game because it will always be a worse shitshow.

A good example of how to handle it would be Apple or Valve (creators and owners of the Steam platform and marketplace) Valve hadn’t released a game in years. Gabe Newell is the founder of the company, a guy who left Microsoft when Bill Gates told him that video games on the computer was a waste of time and wouldn’t make any money. Gabe has stated that they work on games in secret and they allow teams to take as long as they want with zero deadlines. They had the extremely highly anticipated Half-Life 3 completed and fully finished on more than 2 occasions and scrapped the games before the announcement because they weren’t happy with the “vision” or story. Half-Life and Half-Life 2 are considered the great computer games of all time and the last Half-Life game came out in 2008.

They released Half-Life: Alyx out of NOWHERE for their newest VR game system, the Valve Index. It’s again considered a cornerstone game of VR. It undoubtably will shape the future of VR games for a long time. It also helped adoption of VR systems which has been incredibly slow compared to other hardware.

Anyway, that long book was just to frame the failures of Cyberpunk and distinguish the differences. Hype is the worst thing possible in all industries like this. Pinball suffers from it but it metaphorically kills video games. People dismiss titles on hearsay alone.

Overall I think the PC crowd and the incredible level of that game will probably save it. It will also kill consoles further. Everyone knows that a good PC can play anything but consoles will continue to struggle with the resource heavy demands of new games.

In short, Iceman is right, I’ve been a gamer since I was 8, and I grew up with all of this stuff. CD Projekt Red was a household name for me years before Cyberpunk. I realize most guys on this thread and in the stock market probably think of this all as total Greek!
No publicity is bad publicity, a famous saying by a legendary person, and in the long term this will all workout in favor of CD Projekt Red. Instead of being a blip on the radar like most popular games, this will keep them in the news for months!

Just looking at old post some funny stuff

What do you guys think about C3.AI given it's volatility. Is it ready to level off at $160 range?
Also, what about PSTH?

C3 has been around for a long time and is a real company with real revenues and tons of intellectual property. They are proven success in a very hot market. What happens now? Anyone’s guess, but with all the big name players looking to jumpstart their own entries in the same space, don’t be surprised if some form of premium priced M&A for C3 is seen in early 2021...

Yeah.. I think day traders are taking advantage of the prices right now but I do feel C3.AI will be top dollar stock in the future.

Consult a financial advisor.
I contribute to a taxed IRA account and convert to a Roth at once - so very little tax liability

Bitcoin is crashing -- upward. It just passed $28,000 and shows no signs of stopping.

Lol. And then I finally gave up on that strategy 2 yrs ago. Tesla has been in my aggressive growth portfolio since. Not me personally but for my clients

Elon Musk was on crack during that time frame doing those conf calls and getting in trouble for statements made. Still might be but he’s a genius.

I understand the business model better and it’s NOT about selling widgets long term

Gotta be able to adjust and can’t win em all

While you are looking back, take a look at all those huge winners!!! Been a phenomenal ride

Investing in Tesla back then, especially a considerable amount, was a huge gamble. Even Musk said Tesla would most likely fail. I think several key factors played out all in Tesla’s favor. Big auto fell asleep at the wheel, this transition is happening at this point. The pandemic imo increased the adoption rate exponentially, people want electric cars. Several other factors, fill in the blanks. I bought my first Tesla shares in the beginning of April and bought very often up until the stock split, and have been nibbling since. Even in April investing in Tesla was pretty risky all things considered. I think why companies like Tesla and Apple keep gaining market share is partly because people are looking for stores of value. Keeping large amounts of $ in cash is not good and people don’t want to watch the cash they built up melt away, inflation is happening and will keep happening in a big way, also imo. Will we see the Tesla craze continue, we shall see. Speaking of stores of value, it would be interesting to hear everyone’s take on bitcoin??? Lastly Icemans record has been pretty darn stellar, I’ve personally seen plenty of nice gains from this thread!!!

Been telling people to buy bitcoin since 2014 and I regret everyday that I didn’t sell everything I own and buy even more. Personally I will never sell, HODL forever.
Bitcoin has gone up about 1k every single day for nearly a week. Predicted it somewhere, once it passed the 20k the mental hurdle was removed and it was gonna skyrocket, personally I suggest we’ll see double possibly triple into January. And A month or so after we will a sell off and hard consolidation. Just my opinion of it.
End of 2021 probably a 6 digit coin probably more.

Musk has been a genius. Tesla is just his baby to funnel talent and technological advancements into SpaceX on governments’ dime. As a person he’s pretty kooky, a bit of an anti-hero personality but that’s why people love him. The haters only appeared AFTER he was wildly successful. 2006-2010 was when he really had to make or break, his company didn’t have shit and they didn’t even have any prototype rockets. Same for Tesla really, he came in when he had invested MOST of his net worth into the company to be CEO and hadn’t much to show for it. Once he was a household name he already had most of that behind him.

Just successfully executed my first trailing stop. AI at a 20% limit. All and all I ended up about 25%. I may jump back in if it continues to dive as I can see it as a good long term keeper or short term play... but 185 to 145 (as of this second) in less than 24 trading hours.

Quite the beatdown in the bubble growth stocks this morning. Buy the dip or wait?

I bought 100 SNOW at $306 and sold a covered call on it. It's down over 30% from recent highs.

Anyone buying just about anything in the market the last 2 months has made 50% or more. Welcome to this wild ride! Grab a seat.