Obviously the SMCI news looks negative. I see a few ppl bailing which is understandable. Prog is staying in and riding it out as of now? I subscribe to Louis Navellier and he recommended SMCI back in May 2023. He is stating to hold as no analysts (over 40) have cut their outlook or estimates on the stock. Earnings are on Tuesday. He is expecting strong results and will reassess after the quarterly report.

mid-majors wk

thoughts on $SGOL, it is an ETF that is physcially backed by Gold compared to others. Does anyone know the difference or valuing them. I have good exposure, but do like the physical backing of it.

I know it took me way too long to do so, but I encourage people to jump ship. It appears to be a sinking ship, and sinking faster with each passing day.

Brian Earl Spilner said:

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I know it took me way too long to do so, but I encourage people to jump ship. It appears to be a sinking ship, and sinking faster with each passing day.

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I placed an after-hours limit order in for my remaining shares at 31; hoping for a retrace up today or getting filled after hours on earnings

They're sitting on sooooooooo much dry powder right now

$GTLS looks to be breaking out. Held a while for their LNG buildout prospects, long term hold for me. Could be a good short term trade

Anyone here have a position or view in $MTN(Vail Resorts)?
It's always been an interesting name to me and I've had a position a few times over the years and it's looking attractive to me again. Great yield at current levels but that is not always a good sign, but they just increased the dividend in March so likely good of cutting in the near term seems unlikely.
Rapid growth over the last 5 years in terms of property acquisitions going from 15 to 42 properties and now seem to be focusing on a more stable growth profile and getting the most out of what they now have.
Trading near Covid levels while still maintaing a growth in FCF/share
I may start a new position if it gets down to the $155 range

Brian Earl Spilner said:

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Pretty solid buy opportunity on BRK.B.

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I saw on X over the weekend that Buffett stopped share buybacks in the 3rd quarter of 24 which would seem to indicate he feels it's overvalued. I wasn't sure how to interpret that.

In my uneducated opinion it seems like they are a buy due to the cash

Any differing opinions or explanation of why Buffett would do that?

Quote:

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In my uneducated opinion it seems like they are a buy due to the cash

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This is absolutely the case IMO.

Nobody will be in better position in the case of a market correction or crash than Berkshire.

Heineken-Ashi said:

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Don't want to see FUBO much lower. Chop chop as of now though. Can it hang on is this question.

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I am watching $1.36 - what do you want to see it hold?

Regarding BRK.B

While it's known how smart Warren baby is, and that he's sitting on a stockpile of cash, his company is not immune from downswings. He's still invested primarily in things that ebb and flow with sentiment. I know it feels like his stock can never go down. But it has, many many times.

Simply look at a weekly chart. What do you see? I see pricing having struck the top of the smallest degree trend channel at the same place as the top of the larger degree trend channel. I see MACD with a quadruple top while price made higher highs. That's literally two double tops spaced out. That's called NEGATIVE DIVERGENCE. And like I've explained in the past, while divergence doesn't tell you a reversal is imminent, it does tell you its brewing. MACD has rolled over and is trending down. The last time MACD double topped was 2022 and price broke support and dropped $100.

There are multiple support pivot zones on the chart. Breaking each one should lead price into the next. Maybe it stops in the first one and then goes to new highs over the coming year. But one thing is clear, this thing has already rolled over from multiple significant resistance indicators on weekly. This is not the time to rush in. This is the time to do what Warren is doing and protect your cash. He can't exit everything. But he can raise a boatload of cash when he sees what's coming. He does that because he likely sees cash gaining value while equities lose. This protects him from dropping even lower should things get bad and gives him the ammo to go shopping during a generational buying opportunity.

CC09LawAg said:

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Heineken-Ashi said:

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Don't want to see FUBO much lower. Chop chop as of now though. Can it hang on is this question.

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I am watching $1.36 - what do you want to see it hold?

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Same.

This is not a stock to trade, though. This is an investment for 10, 20, 30 years from now.

So it'll never be the perfect time to buy it, but it'll never be a bad thing to have in your porfolio.

And I don't think anyone thinks it can't go down with the rest of the market. But it would take a much softer hit than SPY.

Brian Earl Spilner said:

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This is not a stock to trade, though. This is an investment for 10, 20, 30 years from now.

So it'll never be the perfect time to buy it, but it'll never be a bad thing to have in your porfolio.

And I don't think anyone thinks it can't go down with the rest of the market. But it would take a much softer hit than SPY.

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You do you

How old will Warren Buffet be in 10, 20, 30 years?

The company doesn't cease to exist upon his death.

If anything we'll get another great buy opportunity for a few months.

Brian Earl Spilner said:

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This is not a stock to trade, though. This is an investment for 10, 20, 30 years from now.

So it'll never be the perfect time to buy it, but it'll never be a bad thing to have in your porfolio.

And I don't think anyone thinks it can't go down with the rest of the market. But it would take a much softer hit than SPY.

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How much confidence will investors have in it when Warren dies? If you have a 10 year horizon then that is a definite risk.

Editing to add apparently I was responding to a non-refreshed page and did not see the same point above.

I think Tedd Weschler will carry on very similarly to how Warren has

I hope there is a dip in Berkshire when Warren passes. I plan to load up if that happens

Karp----you beautiful SOB

Old favorite, significant darkpool 3 days in a row, CWH. Just above historical support/resistance line.

Anyone else liking SNDL reclaiming $2?
I think this cannabis play is better positioned than most to stay solvent and aquire distressed competitors. Florida voting on legalization this week, removal from schedule 1 likely coming, then banking can support the biz.

Yep, they are screwed.

Where do you go to find or who reports darkpool activity?

That's a paid website it looks like

Pltr - buy and forget??