So if you had $50K to invest, where would you put it?

[NeverL8]

So all the sour patch kids still calling Tesla “Junk” ?

Last time I checked it more than doubled in price

[smyles]

roughly 50% in cash and loving it.

[NorCalAthlete]

At the moment, if I had a spare $50k cash to yolo on something, I'd throw it in GME shares or PLTR shares. PLTR for the long term, GME for the short term. Maybe split $20k GME / $30k PLTR, and once GME hits $150 or higher take my gains and dump them into more PLTR.

[P1]

Originally Posted by NorCalAthlete

At the moment, if I had a spare $50k cash to yolo on something, I'd throw it in GME shares or PLTR shares. PLTR for the long term, GME for the short term. Maybe split $20k GME / $30k PLTR, and once GME hits $150 or higher take my gains and dump them into more PLTR.

Don’t forget to throw another $50K into $BB.

[BzsBimmer]

You really think GME will hit $150? Lol

[BzsBimmer]

Originally Posted by TheRussski

So all the sour patch kids still calling Tesla “Junk” ?

Last time I checked it more than doubled in price

TSLA isn’t “junk”, overvalued by a long shot for sure but I’m definitely envious for those who got it early regardless. Just hope people take their winnings if it tanks.

I think if TSLA tanks notwithstanding any major self caused issues, we’ll have a bigger thing to worry about.

[P1]

Originally Posted by BzsBimmer

You really think GME will hit $150? Lol

Insert rocket ship and moon emojis.

[NorCalAthlete]

Originally Posted by BzsBimmer

You really think GME will hit $150? Lol

If it doesn't I'll donate $20 to Bimmerpost (do we even have a donation link for the site?). If it does, you have to donate $20.

Edit - let's say by, what, end of April? Next quarter?

[BzsBimmer]

Originally Posted by NorCalAthlete

If it doesn't I'll donate $20 to Bimmerpost (do we even have a donation link for the site?). If it does, you have to donate $20.

Edit - let's say by, what, end of April? Next quarter?

I’ll play but let’s donate the $20 to the charity of choice for winner, mine being St. Jude.
End of April 2021

[NeverL8]

Originally Posted by BzsBimmer

TSLA isn’t “junk”, overvalued by a long shot for sure but I’m definitely envious for those who got it early regardless. Just hope people take their winnings if it tanks.

I think if TSLA tanks notwithstanding any major self caused issues, we’ll have a bigger thing to worry about.

Even if it tanks 40%...just matter of time until it recovers and sets ATH. Never selling Tesla shares, going to hold it through storms and sunshine.

[NeverL8]

If y’all gambling with GME...might as well look into CCIV

[P1]

Originally Posted by TheRussski

Even if it tanks 40%...just matter of time until it recovers and sets ATH. Never selling Tesla shares, going to hold it through storms and sunshine.

Never selling? So your kids will inherit them I assume?

[whyzee125]

I would risk it all, put it in ECZN or AVGR. palantir if you like living on the edge.

[John Tanglewood]

Originally Posted by NorCalAthlete

If it doesn't I'll donate $20 to Bimmerpost (do we even have a donation link for the site?). If it does, you have to donate $20.

Edit - let's say by, what, end of April? Next quarter?

Curious as to why you are so high on Gamestop? I love PLTR, so would like to get your take.

Zillow has absolutely crushed it for me, along with ARKQ and TDOC. Hard to miss right now...

[NeverL8]

Originally Posted by P1

Never selling? So your kids will inherit them I assume?

Don’t have kids....so probably will go towards a black Huracan

[NeverL8]

Originally Posted by John Tanglewood

Curious as to why you are so high on Gamestop? I love PLTR, so would like to get your take.

Zillow has absolutely crushed it for me, along with ARKQ and TDOC. Hard to miss right now...

I’m definitely sitting back and watching shit show on GME.

PLTR is such a great long term hold, been accumulating since 9-10 bucks, also never selling.

[P1]

Originally Posted by TheRussski

Don’t have kids....so probably will go towards a black Huracan

Not following. You said you were never selling.

[NorCalAthlete]

Originally Posted by John Tanglewood

Curious as to why you are so high on Gamestop? I love PLTR, so would like to get your take.

Zillow has absolutely crushed it for me, along with ARKQ and TDOC. Hard to miss right now...

Short squeeze shenanigans combined with the business pivoting and introducing new revenue streams. Realistic price target from bullish firms with no skin in the game are currently pegging it at around $100 after the dust settles from the squeeze.

The squeeze could go as high as $800 (albeit extremely briefly) so I set a limit sell at $420 (don't have that many shares anyway).

Meanwhile I have a single $40 call that's deeeeeeeep ITM and doesn't expire till March, so I'm keeping an eye on that rocket. I'm already up 300% on it or so from when I bought it. If we hit $420 that call alone will be worth a solid chunk. Depending on the news from the next month about how they're pivoting and what plans they make, I may exercise it instead of selling - or sell it, wait for the dust to settle, then pick up more shares. I dunno yet.

As for PLTR, well...I'm former military and have used their software a bit. So I have a small inkling of what they're capable of, but that was like 8 years ago for me.

Considering how lucrative government contracts can be though, fundamentals aside see if my logic on this angle checks out:

1. You have entire companies like Raytheon, Lockheed, BAE, etc that are built almost entirely on government contracts.

2. You have companies like Microsoft, Google, etc - the other "big" players / competition - whose own employees are protesting working with the US government, pushing leadership to halt projects and not bid on new contracts

3. This leaves a vacuum that PLTR, headed by basically the only open Republican tech CEO in the valley, happily scooped up left and right - further widening their moat and solidifying their lead.

4. Moving forward, their software will be the weapon (or play a part in enabling one) of a new cold war imo. And they are exclusively contracted to the USA and its allies, whom have yet to really actually throw any money Palantir's way. Once other countries stop dipping their toes in the pond and dive in, Palantir is going to moon.

5. Demo day is coming up this week. Buy moderate calls if you want, but I'd simply recommend a long term buy + hold approach on PLTR. Every chance I get I've been dumping more into them - started at IPO, bought more at $15, more at $20, more at $25, and whenever I exit GME I'll roll it right over into PLTR.

I haven't bothered watching most of the analyst ratings, because most of them have little to no idea what Palantir does or is. Hell, even the tech industry doesn't. But I'll say this - from what I've heard, their engineering interviews are harder than Google, Netflix, or anyone else. They have cream of the crop talent. Furthermore, most of what they do is either classified or in that realm. They were founded in part by seed money from the CIA. One of their senior founding members - who was also a former director of the CIA - is now on Biden's cabinet I believe. I mean, they build shit for the NSA.

Edit - Avril Haines is now the DNI (Director of National Intelligence). If you don't think Palantir is going to gobble up government contracts like a hungry hungry hippo over the next few years, I don't know what else I can do to convince you to buy the shit out of it.

Their shit is scary as fuck but I'll be damned if I don't make some money off them on the way up.

Side note I've had a few drinks tonight. But yeah - PLTR all the way. And if any of you figure out how to buy shares from current or former employees at their discount prices of like $6, let me know so I can get in on that.

https://theintercept.com/2020/06/26/...ines-palantir/

Edit - if one of you balls out and makes "fuck you retirement money" off of PLTR thanks to me convincing you here, I'd appreciate a charitable donation to my gas fund or perhaps a track day together for funzies, but also consider throwing some towards Second Harvest Food Bank, Sacred Heart Community Service, Semper Fi & America's Fund. Those are kinda my main 3. I also do a bit of fundraising work with / for HomeFirst, Destination Home, and a few others for those less fortunate than me.

Edit #2: of course, if for some stupid reason it goes sideways or tanks and becomes a shitshow, well, sorry. Just know that whatever pain your account feels, mine probably feels even worse about. I’ve got a significant chunk of my account balls deep in PLTR right now and while I’m up 120% on it there’s always some risk.

[NorCalAthlete]

Originally Posted by BzsBimmer

You really think GME will hit $150? Lol

We’re at $105 and my call option just hit $6k-ish...you really think it won’t?

Bears shorted 140% of the available stock and are now getting fucked by that play. The more shares everyone else holds and doesn’t sell, the higher it goes. I’m strongly considering exercising at my $40 strike price and holding till it hits $420 or more. Maybe sell 50 at $420 and sell the other 50 at $600.

Edit - in the time it took me to write this post it went to $115. Rocket boosters ignited boys. This is assuaging any guilt I had over ordering an M440 while house shopping. Lol.

Edit - $124. They already stopped trading once today not sure if they will again. Happened like 3x on Friday.

Edit - $139. We’re gonna blow by $150 by lunchtime lol.

[BzsBimmer]

Originally Posted by NorCalAthlete

We’re at $105 and my call option just hit $6k-ish...you really think it won’t?

Bears shorted 140% of the available stock and are now getting fucked by that play. The more shares everyone else holds and doesn’t sell, the higher it goes. I’m strongly considering exercising at my $40 strike price and holding till it hits $420 or more. Maybe sell 50 at $420 and sell the other 50 at $600.

Edit - in the time it took me to write this post it went to $115. Rocket boosters ignited boys. This is assuaging any guilt I had over ordering an M440 while house shopping. Lol.

Edit - $124. They already stopped trading once today not sure if they will again. Happened like 3x on Friday.

Edit - $139. We’re gonna blow by $150 by lunchtime lol.

Blown away by it all. Let me know the charity of your choice and I’ll donate the $20 in your name. Hit day high of $159.18
Someone hopefully bought a Ferrari or something lol.

[NorCalAthlete]

Originally Posted by BzsBimmer

Blown away by it all. Let me know the charity of your choice and I’ll donate the $20 in your name. Hit day high of $159.18
Someone hopefully bought a Ferrari or something lol.

Semper Fi & America's Fund.

https://semperfifund.org/donate/

TBH I didn't expect it to rip already today, figured it'd dance around a bit more this week then take off. I haven't even transferred enough into my account yet to exercise my call option lol. It's still pending.

I believe that makes 3 trading stops already today, GME is holding at $100 but I think will spike again in a couple hours after east coast lunch break is over. Some wacky shit going on in Robinhood right now too, my call spiked to $523 value ($52,300 gain) briefly. I'm just watching and waiting lol.

[BzsBimmer]

Donated $50 because it looks like a great cause