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amirulrahim
commented on a stock · Sep 20, 2023 21:57
$Arm Holdings (ARM.US)$ why eh
$Arm Holdings (ARM.US)$ why eh
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Reassessing Chinese Assets
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iLEVES : Because I need to cut the chives
1025995400 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
razo2 : because is one sole company buying that stock man. they bought at wayyy below 50 and only give you 9% of the shares from IPO day.
amirulrahim OP razo2 : So should i sell this anjay stock?
razo2 amirulrahim OP : bro is 140 PE... you should buy stocks at 15 PE for a good deal. you really love a stock then 20 to 30 PE. otherwise you are plain crazy to even buy it.
ISTJ razo2 : I don’t think we should only look at PE tho. Remember Amazon’s PE was around 800, whereas its stock price was only 400+ before split. We all knew that it almost hit $3000 years later even with neg PE. Same for meta, Tesla, AMD, Nvidia etc. Growth stock is different from blue chips. ARM is a tech stock, so high PE is definitely expected.
razo2 ISTJ : you can argue about PE ratio all day, back in 2000 dot-com bubble everyone is saying the tech bubble will not burst for Enron. Enron have AI to trade oil futures stocks, but at the court you see an Excel sheet. same goes for 2008 house collapse everyone is saying the housing bubble is impossible to collapse. is all about fundamental.
defishu razo2 : Check out Nvidia's PE
razo2 defishu : you know Nvidia rally is from a bunch of hedge fund that caused the CDO housing bubble collapse in 2008. and these people don't realise what is behind those numbers. all these hedge fund booked gains while retail investors lose like shit.
Nicholas to 1025995400 : Why don't you go back to pee and play with in the sand
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