Personal Finance for Residents of Japan
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At least BB has a decent business model! I do not think it is anywhere near as risky as GME. The current price is fair value IMO.eyeswideshut wrote: ↑Tue Jan 26, 2021 12:41 am I am fascinated by the Wall Street Bets phenomenon and the GME story is phenomenal with some of these redditors making millions on the trades. Since they started pumping BB as the next big thing I decided to throw a bit of fun money at it on Monday morning to see what happens (I am up a whopping 3% on the trade!). I fully expect to lose most of it but it is fun to watch. I guess I am getting bored in lockdown.
Glad to hear it! As they would say on WSB -
At least BB has a decent business model! I do not think it is anywhere near as risky as GME. The current price is fair value IMO.
BB is essentially a software solutions company at present. New investors are suddenly waking up to the fact that they are not primarily a hardware producer like the RIM of the past.
BB to the moon!I couldn’t agree more about fascinating times. Not even 12 months ago we had a horrific crash proceeded by incredible growth. And now more people than ever are in the market. It’s bonkers. I’m sitting out this one but will watch closely. Good luck!MajesticSoup wrote: ↑Sat Jan 23, 2021 1:23 am
Even if you have no intention of buying GME, I think we are living through some really fascinating times. I think I'll move 30% of my play portfolio into it Monday, and set a limit sell at 100% profits. The big risk for us is that the shares take 2-3 days to arrive in our accounts, which is very long in the context of these events.
Disclaimer I only learned about P/B ratio 4 months ago.eyeswideshut wrote: ↑Tue Jan 26, 2021 5:07 amGlad to hear it! As they would say on WSB -
At least BB has a decent business model! I do not think it is anywhere near as risky as GME. The current price is fair value IMO.
BB is essentially a software solutions company at present. New investors are suddenly waking up to the fact that they are not primarily a hardware producer like the RIM of the past.BB to the moon!
The WSB ETF
AMC 52 Shares
BB 47 shares
ARKK 4 Shares
Similar portfolio in my fun/high risk distributionKanto wrote: ↑Tue Jan 26, 2021 5:37 amDisclaimer I only learned about P/B ratio 4 months ago.eyeswideshut wrote: ↑Tue Jan 26, 2021 5:07 amGlad to hear it! As they would say on WSB -
At least BB has a decent business model! I do not think it is anywhere near as risky as GME. The current price is fair value IMO.
BB is essentially a software solutions company at present. New investors are suddenly waking up to the fact that they are not primarily a hardware producer like the RIM of the past.
Everyone is a genius in a bull market.
Search our Bear cases for BB and see if you agree with their logic.
....
My current positions (My very tiny fun money` portfolio) is all momentum trading based.
AMC 52 Shares
BB 47 shares
ARKK 4 Shares
https://finance.yahoo.com/news/tencent- ... 00826.htmlThousands of bullish Tencent options lost almost all their value, after some surged as much as 118,300% on Monday. The frenzy in derivatives trading pushed the cost of one-month Tencent options to the highest since March 2014 relative to those tracking the Hong Kong benchmark, according to data compiled by Bloomberg.
I believe this was brought in to obstruct the Yakuza, who made a business out of buying one share and then rocking up to the shareholder's meeting and causing trouble until someone paid them to go away. If you have to buy 100 shares to get in, that reduces the number of thugs that can afford iteyeswideshut wrote: ↑Tue Jan 26, 2021 7:56 am most TSE stocks need to be bought in lots of 100 units which is super weird
