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[miltiades]

When trading the most fundamental factor is not the quality of the product made by a " company" but the market capitalization of the stock. Tesla , now with a MC of almost 34 billion $ is still considered over valued, bearing in mind that 2 years ago it had a MC of 53.5 billion, some 3 billion more than GM !!
The markets always correct in the end.
2017
Tesla, $60.28 billion, 76,230 salesBMW, $54.77 billion, 2.4 million salesGM, $51.45 billion, 9.6 million salesFord, $44.65 billion,  6.7 million sales.
It is highly valued even at today's capitalization. A reason I stayed away from it but still continue to follow. Options are rather high right now and of course the " unlikely" but speculative reports that it may well go bankrupt.

[Londonrake]

https://www.telegraph.co.uk/technology/ ... lysts-say/

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[miltiades]

I have yet to read anything encouraging on Tesla, apart ofcourse from our resident....financial expert who praised Tesla and ....tipped it at $376 some 5 months ago, by the way it closed down yesterday at $178.97 , almost 200 dollars down. Inspite of massive injections of dosh by the billionaire Musk? It looks as if the experts are right and our resident Plonker is wrong. The markets are reacting downwards right now thanks to another Plonker, the lover boy of yet another Plonker none other than Paphitis. Trump is a clown hense his support for our very own buffoon, Boris the Clown.
As far as my favourite stock, XRP, it hovers just over 0.41 cents having reached 0.46 last week. This is one to hold long term, one that when I'm....old shall enjoy.!!!

[miltiades]

On November 1st I recommended Tom tom at 7.22 euros. A pile of shit someone retorted!! Thus far I have earned around 700 euros on this pile of shit.
Bought and sold twice and bought again at 8.12 euros. Currently trading at around 8.20
And I'm quietly confident that it should soon go up. Im not greedy, a thousand euros would do me fine.
My other " investement" Galapagos is gaining ground, for this one I would like to see the price at around 110 euros earning me again 1000 euros. As for my last one Ripple XRP, this one seems to have suffered along with all other coins. Still confident that come the end of December it would climb to 1 dollar.

You might have bought the short term top of that pile of shit....

looks like its going back to 5.75.

Be careful that you dont lose that 700 euro.!

There is no stopping this ....pile of shit !
Maximus reckons Tomtom " looks like its going back to 5.75"
How did you Maximus work this one out ?
If by any chance ypu are involved in the financial markets, get out quick !!

You have basically paid the 10 year fair value for this stock according to the price history.

The price has been pivoting around this price for the past 10 years.

5.75 is the most recent low and the stock is in a downtrend for the past 3 years.

Therefor, there is a good chance that this price will be revisited again.

You are scalping cents out of this stock and not sticking to your plan because you dont have the conviction to hold on for your price targets to materialize.

Why should i get out of the financial markets? because I have a different opinion? but isnt that why the price goes up and down and how you can make money?

Just a quick update on Tomtom a ....pile of shit according to one ...expert. currently trading at 10.22 euros, was I to sell this " pile of shit" today I would pocket around 2100 euros, not a bad return, however I have decided to give it a few more days since there are encouraging results soon to be announced. Anyone that knows anything about the markets knows well enough the volatility of any given stock
Kiadis pharma I bought at 10.01 but I got out on May 31st following a share issue which saw the stock coming down from around 10.46 to below 10. Mad a very small loss. XRP , my favourite has very recently climbed to 0.49 $ but now trading at just under 0.42$. I was wrong on Bot coin which has made a remarkable recovery now well over 10,000 euros. Nobody can get everything right all the time but a disciplined investor can make a good profit. Right now I'm only exposed to two stocks namely Tomtom and XRP. Im wondering if the financial expert who tipped Tesla way back in December 2018 at $376 , now considerably down at just over 220$ can give us another tip!!!

[Maximus]

Well done, it took a while.

[miltiades]

You may have noticed that Tomtom closed at 10.12 euros. 2 euros up from my original purchase price. Earlier it traded at 10.22 € however I'm reasonably confident that it will go up a little more. One must set his fundamentals and stick to them, being greedy does not always pay. I'm up 2000 euros on the closing price and should a downturn occur I will lock in at least 1500€.
As for XRP I shall be patient as I'm convinced that this CC has some way to way. My combined cost is at .375$ and I have set a " sell point " at 1 $.

[miltiades]

Determined to recoup a small loss I made on Kiadis, I bought today @5.62euros. The market , I feel, over reacted to the share issue at 7.50€, but seeing the price falling to an unexpected low, having studied fur the, I thought go for it. It is a short investment I just need to make around a 1000€. Easier said than done? Galapagos that I sold a little while at just under 110. , has surged ahead and could see it today exceeding 120, I will however resist the thought of buying again.

[Londonrake]

Determined to recoup a small loss I made on Kiadis, I bought today @5.62euros. The market , I feel, over reacted to the share issue at 7.50€, but seeing the price falling to an unexpected low, having studied fur the, I thought go for it. It is a short investment I just need to make around a 1000€. Easier said than done? Galapagos that I sold a little while at just under 110. , has surged ahead and could see it today exceeding 120, I will however resist the thought of buying again.

I admire your bravery but have had a bad feeling for a while now. I went all-in the middle of last December, then started to get nervous recently, pulling everything back out at 7500. Not doing too bad really (10%+). Maybe I'll miss out on more but it seems to me that there are a lot of alarm bells going off at the moment. If I was as savvy (and well to do!) as you I might have had a punt on gold a month ago - and perhaps done OK again. However, I'm just going to sit here on the cash now, until the world collapses and proves me right.

[miltiades]

Anyone who deals in stocks knows or should know that what goes up can also go down. Fundamentals must be set and adhered to vigorously. Discipline at the highest level is essential. Lots of study, if you have the time, I have loads, can be rewarding, you dont aim to make a fortune but you can make a reasonable return. Never take advice from novic3s, even if they are working for a finance company. Experience is by far your best bet. Early today I bought, as stated, Kiadis at 5.62€. It's up a little thus far and I will sell when or rather if and when it reaches 6.12 €. One must NEVER be greedy. Also one must never invest more than they can comfortably afford to lose.

[miltiades]

Have just sold Tomtom at 10.16€ , in just two months it has returned me a profit of just over 2000 €, around 25% on my purchase price of 8.12€.
Will it go up further? Who cares, I'm not greedy besides 2000 euros is not to be scoffed at. I'm now in on just two, XRP and Kiadis. Need a break after all im now retired and the markets need constant
..surveillance. fuck that. Cheers.!!