razo2
:
meta you know Mark Zuckerberg had been selling stocks since last week. if china is giving such good extra revenue, why is he selling?
is just like Nvidia news yesterday. if I were a china tech companies I won't be even interested to put any sales orders to Nvidia until Biden is dead and the new party that wins the election is willing to take down all those trade war red tapes.
a cancellation of any sale contract always have penalties. is not like we can walk into Nvidia factory and place billions of orders without any consequences of breach in contract cancellation be it voluntary or act of God. certainly you cannot claim insurance for those cancellations
razo2
SpyderCall
OP
:
my guess these big tech that are huge in debt will have potential risk of financial collapse. the only two tech I am willing to bet on even a depression strikes if you put a gun to my head will be Microsoft and Google. the rest I won't touch with a 5 foot pole.
and at those crazy evaluation on tech, is best to stick to shopping other blue chips old economy that fell to COVID lows. it be a no brainer to pick those up. you have to eat, take medication, shit, pay your bills to survive.
when the bond market shows more clarity I will start picking up those cheap ass blue chip old economy. I can bet my balls these kids in huge debts have to survive on those. I come from an era with no Google, Meta, Tick Tock, Tesla, Netflix and Amazon and I still survive without it.
iamiam : good, I can add to my short positions
SpyderCall OP iamiam : lookin like a potential triple top if it falls from here
razo2 : meta you know Mark Zuckerberg had been selling stocks since last week. if china is giving such good extra revenue, why is he selling?
is just like Nvidia news yesterday. if I were a china tech companies I won't be even interested to put any sales orders to Nvidia until Biden is dead and the new party that wins the election is willing to take down all those trade war red tapes.
a cancellation of any sale contract always have penalties. is not like we can walk into Nvidia factory and place billions of orders without any consequences of breach in contract cancellation be it voluntary or act of God. certainly you cannot claim insurance for those cancellations
SpyderCall OP razo2 : it's not revenue yet. They still haven't approved it
razo2 SpyderCall OP : my guess these big tech that are huge in debt will have potential risk of financial collapse. the only two tech I am willing to bet on even a depression strikes if you put a gun to my head will be Microsoft and Google. the rest I won't touch with a 5 foot pole.
and at those crazy evaluation on tech, is best to stick to shopping other blue chips old economy that fell to COVID lows. it be a no brainer to pick those up. you have to eat, take medication, shit, pay your bills to survive.
when the bond market shows more clarity I will start picking up those cheap ass blue chip old economy. I can bet my balls these kids in huge debts have to survive on those. I come from an era with no Google, Meta, Tick Tock, Tesla, Netflix and Amazon and I still survive without it.
SpyderCall OP razo2 : those two are definitely some behemoths. I would bet my money on them any day
razo2 SpyderCall OP : old brand with good management. I always trust those two points.