017 Stock Market thread
02-04-2019, 06:39 PM
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Quote: (02-26-2019 08:12 PM)jbkunt2 Wrote:
Wow TTD has bean on a tear! #
MDB and AYX doing very well too.
Kicking myself I didn't load up more on the slight dip on AYX due to Amazon launching in the space.
I'm loading up on Amazon at $1600ish because it's well off it's $2100 high and... it's Amazon.
Anyone buying anything?
Quote: (02-27-2019 02:25 PM)Running Turtles Wrote:
I actually sold my TTD holdings at triple the purchase price (~$160). I realized that I didn't know enough about the business and industry to find a better selling point, so I took the win as it was. Regretting that now, of course.
Quote: (02-27-2019 06:58 PM)BB1 Wrote:
Quote: (02-27-2019 02:25 PM)Running Turtles Wrote:
I actually sold my TTD holdings at triple the purchase price (~$160). I realized that I didn't know enough about the business and industry to find a better selling point, so I took the win as it was. Regretting that now, of course.
Selling a great, founder led company like The Trade Desk, after it has doubled or tripled is why most investors fail to beat the market. Successful investors add to their winners if the company is crushing it.
Quote: (06-07-2018 06:48 PM)BB1 Wrote:
3 outstanding 'Software as a Service' companies announced earnings yesterday - Zscaler (ZS), MongoDB (MDB), and Okta (OKTA). All of these companies are growing like a weed.
I beleive MongoDB is the pick of the bunch. Developers love MongoDB - they have downloaded more than 30 million copies of the company's free database since 2009, and over 10 million copies in the last 12 months alone.
Mongo is disrupting traditional databases like Oracle, so the growth potential is massive if they are successful.
Quote: (01-12-2019 12:36 AM)BB1 Wrote:
Quote: (01-11-2019 11:20 AM)white22 Wrote:
I know there are a few MongoDB believers around here, what's everyone's thoughts on Amazon AWS launching their on services?? From the very little I have read I don't think it is anything to worry about am planning to load up below $75 later today.
I am not overly concerned at this stage. MongoDB is the clear leader in NoSQL, and will keep on innovating. MongoDB remains one of the largest positions in my portfolio, but I will keep a closer eye on their quarterly growth numbers now.
Quote: (03-13-2019 03:59 PM)BB1 Wrote:
Quote: (06-07-2018 06:48 PM)BB1 Wrote:
3 outstanding 'Software as a Service' companies announced earnings yesterday - Zscaler (ZS), MongoDB (MDB), and Okta (OKTA). All of these companies are growing like a weed.
I beleive MongoDB is the pick of the bunch. Developers love MongoDB - they have downloaded more than 30 million copies of the company's free database since 2009, and over 10 million copies in the last 12 months alone.
Mongo is disrupting traditional databases like Oracle, so the growth potential is massive if they are successful.
Mongo just crushed it with their latest earnings report. This stock is going much higher tomorrow.
Quote: (03-14-2019 11:54 AM)white22 Wrote:
Quote: (01-12-2019 12:36 AM)BB1 Wrote:
Quote: (01-11-2019 11:20 AM)white22 Wrote:
I know there are a few MongoDB believers around here, what's everyone's thoughts on Amazon AWS launching their on services?? From the very little I have read I don't think it is anything to worry about am planning to load up below $75 later today.
I am not overly concerned at this stage. MongoDB is the clear leader in NoSQL, and will keep on innovating. MongoDB remains one of the largest positions in my portfolio, but I will keep a closer eye on their quarterly growth numbers now.
Quote: (03-13-2019 03:59 PM)BB1 Wrote:
Quote: (06-07-2018 06:48 PM)BB1 Wrote:
3 outstanding 'Software as a Service' companies announced earnings yesterday - Zscaler (ZS), MongoDB (MDB), and Okta (OKTA). All of these companies are growing like a weed.
I beleive MongoDB is the pick of the bunch. Developers love MongoDB - they have downloaded more than 30 million copies of the company's free database since 2009, and over 10 million copies in the last 12 months alone.
Mongo is disrupting traditional databases like Oracle, so the growth potential is massive if they are successful.
Mongo just crushed it with their latest earnings report. This stock is going much higher tomorrow.
Yes they did and yes it is!! I doubled my holding of MDB @$74 and those shares are up 80% in 2 months to the day!! MDB is now 10% of my portfolio and I'm wishing I'd bought more!! They are getting closer and closer to being profitable too
Quote: (03-13-2019 06:07 PM)H1N1 Wrote:
Running Turtles, I wouldn't regret selling out for triple the purchase price. Under any circumstances that is a very reasonable result, especially if you used reasonable capital, and you tend to cut your losses in good time on other stocks you buy. Everyone regrets selling out while the stock is still rising, right up until the point it crashes. I'm not saying that TTD is going to crash, it's not a stock I've followed and I'm not able to offer any kind of informed opinion on it as an individual pick. What I would say to anyone betting on the market is that if they can put 30k across 3 investments, lose 1k on each of two, and make an additional 20k over the course of a year or so, then that should be regarded as a successful result, a result you'd have taken at the start, and a nice chunk of capital to make the next 3 investments on (or however many you can manage/tolerate. It's a long game. The aim is always to sell out before the crash. Sometimes you'll be way too soon, but in my view those times will be drastically outweighed by the times you took a good profit in line with your expectations, and kept your loses to a minimum.
If, as you say, you didn't really understand what you were doing, and lucked into a 3x initial investment return, then that is fortuitous beyond belief, and there is no cause for regret. Especially if you aren't in a position to make ongoing assessments of the stock you're invested in. That's no reflection on BB1's advice here, which was undoubtedly correct in this case.
Quote: (03-20-2019 05:32 PM)jbkunt2 Wrote:
With Lyft and Uber... I can't help but think there is a risk that the company that truly cracks self-driving cars could muscle in one day and kill them on price.
Quote: (03-21-2019 11:16 AM)godzilla Wrote:
^First, you cant lose potential returns... If you're a long term investor. It makes sense to hold MDB. Theyre are a leader and have a great product. However, if you're buying Mongo as an investment and not a trade at today's date. You're easily paying for a very expensive stock at over 20x sales with no profits.
Quote: (03-21-2019 11:40 AM)jbkunt2 Wrote:
Lyft and Uber's main competive advantage stopping other well-resourced players stepping in is... There fleet of drivers.
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When that fleet of drivers is replacing by driverless cars (Waymo/Google the current leader here)... I don't see what prevents Google from launching there own app for their own cars and seizing market share fast. Likely by undercutting prices.
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Wouldn't touch those IPOs with a barge pole.