NVDA
NVIDIA
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Tesla
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Palantir
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Cerence
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MicroStrategy
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Alert-You final chance to jump ship
If you can't tell yet that something smells fishy for the timing of the WSJ news about Biden passing law for Medicare accepting fatloss drug on holiday week. Then you deserve what is going to happen next.
It’s unusual for a major policy like expanding Medicare and Medicaid to cover weight-loss drugs to be proposed 30 days before a presidential term ends. Such changes require legislative approval or regulatory adjustments, both of which typically take months. The chance of full approval within 30 days is very low.
If Trump assumes office afterward, he could unwind the proposal by reversing regulations or halting implementation unless Congress codifies it into law.
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70825143 : eli lilly and co is currently at a low level. If there is no such news, there will be other news to make it rise. There are many factory workers in the flower street who are not idle, so you must hold on and see if it can return to the previous high in six months.
pootpoot : investment is long term. u are just speculating. why not u sell off and just watch at the sidelines ?
MonkeyGee OP pootpoot : do you know what the revenue has to be to justify the current PE? it's not investing at this point it's gambling!
pootpoot MonkeyGee OP : haha.. which stock isnt overvalued right now? thats how it is
pootpoot MonkeyGee OP : if every stock right now is going by their rightful PE rate. there is no stock market my friend.
MonkeyGee OP pootpoot : ok, my friend. I guess you need to teach Warren Buffett your technique.
BTHY pootpoot : 800 flyyyy
Junius Falcon MonkeyGee OP : Market is always forward looking. If EBIT accounting holds (usually reliable), then it will happen.
pootpoot MonkeyGee OP : there's no technique. that's the fact. everyone is buying forward pe.
72865860 : Profit and loss come from the same source, following the market.