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re: RKT bag holders - you still in long term?
Posted on 11/23/20 at 4:21 pm to thelawnwranglers
Posted on 11/23/20 at 4:21 pm to thelawnwranglers
I'm officially priced in at 20.98 so not exactly bag holding but yes. I don't think we are looking at many pops coming, my feelings on this stock has always been that the floor is right there no matter what, because they basically can print money, and are sitting at a P/E of 10. I think the biggest problem this stock has is the high flying growth stocks are still flying so why park your car here. I don't see much risk, but with that, comes reduced upside.
1
Posted on 11/23/20 at 4:27 pm to Pendulum
My only fear is does this price action mean I have risk built in I don't see
I have Arkq that is 10% Tesla but I feel better about cash cow RKT then Tesla
I guess might not have the right mind set. I am overweight in position 20% on individual account
That said pretty tech heavy in 401k so think it is okay
I keep watching for what do they do with cash - I liked buyback but will be curious of they have expansion opportunities or going to dividend it back
I have Arkq that is 10% Tesla but I feel better about cash cow RKT then Tesla
I guess might not have the right mind set. I am overweight in position 20% on individual account
That said pretty tech heavy in 401k so think it is okay
I keep watching for what do they do with cash - I liked buyback but will be curious of they have expansion opportunities or going to dividend it back
This post was edited on 11/23/20 at 4:28 pm
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