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$SoFi Technologies (SOFI.US)$ Does anyone think soundhound c...

$SoFi Technologies (SOFI.US)$ Does anyone think soundhound can hit between 25 and 30 dollars this week after tonites conference with nividia?  Respond with a yes or no if you choose to. Im curious!
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  • Neoky : No

  • 151852773 : What are you basing those numbers on ?
    The price is heading down, not up. Well overbought.

  • SCP WW : So noisy it's annoying.

  • Capelle32 OP 151852773 : I don’t think it’s overbought. And the reason why is because we don’t know what type of new deals they may have pending.  Anything can happen overnight. I understand your point with the numbers. But sometimes peoples momentum and news and also future will outpace the numbers and deals that come up out of nowhere will change those numbers

  • Capelle32 OP Capelle32 OP : FUBO tv’s deal with Disney changed their whole outlook and now they are cash positive.

  • 151852773 : if you want an example of hype and hysteria, look at Palantir. people dont even lnow what they do. Price soars, and then retraces based on fundamentals - and going to get much worse with the PUT conteacts just sold.  Their PE is like 4 times NVidia. Laughable.

    There are enough Youtubers spruiking Rockets, Nuclear, Explode, Parabolic prices.

    Keep it real, dont get burnt.

  • Capelle32 OP 151852773 : Well me personally. I’m a buy and hold trader. I do look at the company, the earnings and debt what they owe and the projections. I can’t stand some of the fake you tubers putting our recycled news. I do like to hear other people’s opinions. And I agree there is a lot of noise. I just think as a trader you go with your gut feelings and what makes sense.

  • Capelle32 OP Capelle32 OP : I think PLTR and Nividia are priced in right now. So they have to hit earnings every single time. They gave PLTR a price target of 60 dollars today. Stock has been pushing back since, so it’s going to be interesting on how much more selling we see. And buying back.

  • 151852773 : yep, absolutely- reading and considering multiple peoples insight and opinion helps cast ones mind wider. then you formulate your own opinion once you inderstand why your investing. You appear to have a. good mindset mate. Keep up the positive attitude 👍

  • 151852773 Capelle32 OP : it has definitely got great opportunity- just overhyped at the moment. I think even $60 is inflated right now. Nvidia has the cash coming jn so fast they cant sell enough. thats their problem. theyre now building out other chip types to wnsure they keep market share. the other players are small fry. but youre right, they need to keep delivering now and its a big market cap to pull forwards.

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