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would this be the right place to discuss possible macro corrections?
would this be the right place to discuss possible macro corrections?
I guess if Virgin Galactic actually does their inaugural flight this year and Sir Richard Branson (now 70 years old) is on board and it doesn't crash or explode, then SPCE is going to quite literally reach orbit. Supposedly they have had a waiting list of 600+ pre-paid passengers at $200k and $250k a ticket since 2013 or so, including the late Stephen Hawking who didn't make it long enough to see the company reach commercial service and take his trip.
I can't say I get it either. Now, if it was like a couple hour deal where you can goof around in space then yeah, but just a few minutes?I do not get SPCE at all. It's like they are selling you a Tesla Roadster, but you can only own it for six minutes. Then you are out the money and all you have are six minutes of memories in space? I would rather just buy a Tesla Roadster that I could own indefinitely with memories for a lifetime.
And they have other businesses like the satellite launcher program, but that is a very congested space.
I guess it's just a stock where you trade the volatility irrespective of the business being viable long term?
I've started buying Ark Genomics. I think the industry is due for an upswing but I have no idea which companies to pick.Maybe check out ARKInvest funds. As you know they've been the most consistently pro Tesla over the years. I haven't diversified out of Tesla (sold all my NG previously held, waiting for the yearly cataclysmic financial armageddon that keeps threatening every year since ..forever). Anyone else has looked at Arkinvest?
Today's reminder that you can get (limited) exposure to SpaceX by holding 2 Baron Funds:i posted some spacex news over in the investor thread about a $250 million capital raise. I imagine it's still difficult to get shares, but figured i would link to the post over in the SpaceX forum:
SpaceX investor's thread
(please continue discussion there if interested in the topic)
I have a small amount of direct experience with Zillow’s new business model. Some 14 months ago we took advantage of having some real estate in one of their pilot cities - mother-in-law’s condo in Arizona.A couple weeks ago I took a small position in Zillow (ZG, Z). They are currently moving from a real estate advertisement business model into trying to own the entire real estate transaction. Buy/Sell/Rent/Closing/Mortgage. If you have dealt with a Realtor and see the 5-6% fees they make on increasingly large home prices you know that this is an area begging for disruption. Currently I believe they are running in 2nd place for the "iBuying" market to Opendoor, but Opendoor is currently private. This article today made for a good summary of what they are trying to do:
Zillow is losing millions on selling homes. But its CEO Rich Barton isn't worried - CNN
They see their "Homes" segment growing from 1.3 Billion to 20 Billion in the next 3 to 5 years. Market Cap is currently 13.65B.
It's surprisingly hard to find a list of stocks with true focus on Clean Energy/CO2 reduction.
For many of the big names such as Panasonic or LG Chem, EV batteries is still just a minor division.
When trying to screen stocks I find often what's left is small or micro cap early stage companies.
I think Clean Energy investments and fossil fuel divestments will become an increasingly strong investment theme over the next few years, particularly with Blackrock's comments this year, and personally I'd like to support any company trying to help with the transition so long as valuation is reasonable and management seem competent and honest.
These are some of the companies I've found so far:
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This is no way an endorsement of an investment in any of these companies by the way, I barely know what some of them do and know even less whether they are undervalued.
But if anyone has any thoughts on any of the above, or if there are other public companies they have come across, I'd be interested to hear.
The above list excludes Lithium companies and Nickel juniors (which are both primarily EV plays) and Solar & Wind stocks. I'll add these in a later post.
I am looking at Nvidia as something that may make the classic “Boy, did you sell too early, having locked in only a 15-bagger instead of a ___ one”.
As those of you who not only are long term readers of this thread but also have a preternatural....or just weird?...memory of my trades, I had bought NVDA at $16.99 and sold in the mid-200s, coming close to a perfect 3- or so year trade.
BUT....I did plow those gains into not just TSLA, which has done smartly better - finally - but also, on the instigation if not recommendation of one of this forum’s senior members, into that “black box” that Chamath Palihapitiya was creating...one that after an 18- or so month gestation period has morphed into Virgin Galactic.
And that investment, via the Units I hold rather than simple shares, has returned in 2020 as handsome a return as TSLA. Thus, from the perspective of seven weeks into the year, it still has made sense for me not to have reinvested into NVDA.
Doesn’t matter. The more appropriate question is: given one more lump of investment cash today, should I place it in NVDA or elsewhere?
For me, the answer is that the risk/reward I see for Tesla is such that it should go to TSLA. For someone with a different investment horizon or a risk/reward that more heavily is concerned with the absolute weight I already hold in Tesla - which is immense - the answer likely will be different, as it would be for someone who for whatever reason cannot countenance the volatility for which TSLA is and probably will continue to be infamous. Neither is correct or incorrect without having answered those other metrics.
Weekend thread:
Stocks with >50% exposure to EVs/Clean Energy/Sustainability
Obviously Tesla is the true Clean Energy pure play and leader, but I'm trying to screen some other stocks with a true focus on Clean Energy/Sustainability.
Are there any other public stocks people have come across?
It's surprisingly hard to find. I'd be particularly interested in battery tech startups.
Solar Edge (SEDG) makes inverters. I invested back in 2016, up about 350% since then. The other interesting player is Enphase (ENPH), who make micro-inverters for many brands of panels. I had not invested in them. ENPH went up 20% on Wednesday after releasing good earnings, which made me look and realize that SEDG was also about to release earnings. So I bought some weekly just-out-of-the-money calls in SEDG (up 20% Wednesday+Thursday), for an overnight 10x. I let them convert to stock yesterday. Just bought into ENPH.Weekend thread:
Stocks with >50% exposure to EVs/Clean Energy/Sustainability
Obviously Tesla is the true Clean Energy pure play and leader, but I'm trying to screen some other stocks with a true focus on Clean Energy/Sustainability.
Are there any other public stocks people have come across?
It's surprisingly hard to find. I'd be particularly interested in battery tech startups.
Solar Edge (SEDG) makes inverters. I invested back in 2016, up about 350% since then. The other interesting player is Enphase (ENPH). I had not invested in them. ENPH went up 20% on Wednesday after releasing good earnings, which made me look and realize that SEDG was also about to release earnings. So I bought some weekly just-out-of-the-money calls in SEDG (up 20% Wednesday+Thursday), for an overnight 10x. I let them convert to stock yesterday. Just bought into ENPH.