The FTSE

perhapps their new AI bot at 20k a pop might help

on the date of your LOL 242#
NOW 275
keep laughing
Stocks can remain irrational for years. And although Tesla is a good company, it’s stock remains ridiculously overpriced unless you believe that it can grow at CAGR of 40% over the next decade. Even then, the expected return would still only be about 10%. The risk/reward ratio is stupid.
 
Stocks can remain irrational for years. And although Tesla is a good company, it’s stock remains ridiculously overpriced unless you believe that it can grow at CAGR of 40% over the next decade. Even then, the expected return would still only be about 10%. The risk/reward ratio is stupid.
I seem to specialise in only picking stocks that go on to remain irrationally and ridiculously underpriced for years.
 
If bought at 242 I'd still be comfortable its the Chinese ev and nio who are twitching. Looks a long time away from hitting 50 ish again. My 25 average looks like a loss for a very long term. 6 weeks ago i was toying with a profit of 20% as it rose with a quarter report due. Now at 12 and dropping.

Not the industry to be in short term. Nor is travel. Which was my main portfolio and gamble last year.

Ffs.
 
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Could be a good time to pile in at the moment.
Hopefully a bit of economic stability is on the horizon after the car crash of Trussonomics. Hopefully will have a positive effect on the SP of quite a few stocks that have taken a hammering in the last month or so.
I've added to a few of my holdings.
 
Aif bought at 242 I'd still be comfortable its the Chinese ev and nio who are twitching. Looks a long time away from hitting 50 ish again. My 25 average looks like a loss for a very long term. 6 weeks ago i was toying with a profit of 20% as it rose with a quarter report due. Now at 12 and dropping.

Not the industry to be in short term. Nor is travel. Which was my main portfolio and gamble last year.

Ffs.
I wish my average NIO buying price was 25$. Mine's about 42$ and I'm absolutely balls deep!
 
Genuinely thanks for your advice and concern. The coin is pegged to the dollar and has recently held its peg better than any other stable coin. It generally stays between 99/101 cents. They’ve made no secret that the interest won’t stay at such a good rate for ever. If you look at how Anchor Protocol pays 20% via google it’s all explained.

As it happens I don’t currently have any of said stable coin which is UST but I do hold plenty of their main coin called Terra Luna. It’s certainly one for people to keep an eye on as it continues to perform tremendously well. I get that most upgrades are priced in but this is difficult for that to have happened as 50 new apps are set to launch next month and it links up with Solana amongst others giving those people the chance to earn interest also through UST.

Basically the more UST market cap goes up the less Luna is in circulation meaning the price of Luna goes up.The current market cap of UST is 2.7B and is set to fly once this upgrade is completed in a few days. Fair enough be sceptical if you know very little about terra and it’s ecosystem but I’m expecting and very confident that in October it starts a run similar to Solana. The kind of run that few things are capable of.

Happy to see this bumped in late November as the one promise I make is it will be a very interesting couple of months for Terra Luna. As I said it’s current value is $35 dollars a coin. I’m expecting few things to get close to matching the run that is about to happen. Time will tell though as usual.
My memory was jogged about this post and I'm interested (hoping) you managed to sell the coins you bought at or near the peak. It seems that you were correct in that the coin rose in value before absolutely plummeting earlier this year (looks incredibly dodgy to me).

How did you do?

1671636974198.png
 
If bought at 242 I'd still be comfortable its the Chinese ev and nio who are twitching. Looks a long time away from hitting 50 ish again. My 25 average looks like a loss for a very long term. 6 weeks ago i was toying with a profit of 20% as it rose with a quarter report due. Now at 12 and dropping.

Not the industry to be in short term. Nor is travel. Which was my main portfolio and gamble last year.

Ffs.
Pre covid traded at $60-seems to be a target
 
My memory was jogged about this post and I'm interested (hoping) you managed to sell the coins you bought at or near the peak. It seems that you were correct in that the coin rose in value before absolutely plummeting earlier this year (looks incredibly dodgy to me).

How did you do?

View attachment 64102

Terra luna was manipulated by a whale who figured out how to make it all collapse it became worthless overnight and people lost fortunes. The creator is currently on the run and interpol are after him, something along them lines.
 

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