JustMoney
voted
Michael Burry has been known to take large positions against companies he thinks are overvalued. Over the years, "The Big Short" investor has actively shorted $Tesla (TSLA.US)$ with a belief the stock was overvalued. Burry also shorted shares of the $ARK Innovation ETF (ARKK.US)$
Among the positions revealed in the 13F was a bearish bet on $Apple (AAPL.US)$. Burry holds a put position worth 206,000 shares as of March 31.
The bearish position is estimated...
Among the positions revealed in the 13F was a bearish bet on $Apple (AAPL.US)$. Burry holds a put position worth 206,000 shares as of March 31.
The bearish position is estimated...
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JustMoney
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Forrest Li was the richest person in Singapore just a few month ago. But he has lost 80% of his fortune now.
Forrest Li, the Sea founder, has suffered litany of unfortunate events: The tech selloff, the shutdown of its main e-commerce operation in India and disappointing earnings have tanked the company's American depository receipts more than 80% from a peak in Oct.
In addition, traders are preparing for more bad news. T...
Forrest Li, the Sea founder, has suffered litany of unfortunate events: The tech selloff, the shutdown of its main e-commerce operation in India and disappointing earnings have tanked the company's American depository receipts more than 80% from a peak in Oct.
In addition, traders are preparing for more bad news. T...
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JustMoney
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$Bitcoin (BTC.CC)$ took a brutal fall recently, briefly dipping below $30,000 for the first time since July 2021.
The world's largest cryptocurrency is now worth less than half of what it was in the fall.
Bitcoin was once called "digital gold", and believed to be a good inflation hedge.
Why didn't things go as they were expected?
The world's largest cryptocurrency is now worth less than half of what it was in the fall.
Bitcoin was once called "digital gold", and believed to be a good inflation hedge.
Why didn't things go as they were expected?
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Tesla posted record profits in the first quarter
Why is it important to read earnings reports?
What to look for in Tesla's earnings report?
Tesla's gross margin led the auto industry. How did Tesla make it?
$Tesla (TSLA.US)$
Why is it important to read earnings reports?
What to look for in Tesla's earnings report?
Tesla's gross margin led the auto industry. How did Tesla make it?
$Tesla (TSLA.US)$
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JustMoney
voted
Investors must be aware that Palantir shares are trading at about 12 times this year’s sales after its post-earnings plunge. This valuation seems reasonable for a company. While it is generating more than 30% growth each year, there are more fundamentally stable stocks at comparable valuations as well as cheaper stocks.
Such rich valuations also set a high bar for $Palantir (PLTR.US)$ . This can often lead to sharp corrections on things like a less-than-pe...
Such rich valuations also set a high bar for $Palantir (PLTR.US)$ . This can often lead to sharp corrections on things like a less-than-pe...
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$Coinbase (COIN.US)$ WHY IS THIS FLYING????!
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