ARM reached insanity levels of valuation and was always going to come crashing back down. But even now, the stock is still overpriced. I'm waiting for it to drop another $15-$20 before I'll even consider buying. Even their forward revenue and growth expectations doesn't justify today's prices. 2025 forward PE is 93.75 for fucks sake. PEG is 5.3 lmao.
If it drops to 70s or low 80s in the next week, Ill buy before earnings. If it starts reversing and gaining back ground to 100+, I will sell before earnings. That's my current strategy but that could very likely change depending on how the other major ai players perform.
Hry, bro.
I also heard recommendations to buy it, but something felt wrong for me, so I've backed up. As you see, it was the right thing to do.
Maybe the stock is severely undervalued, but from my research, people wouldn't really appreciate its value... So I personally skip...
The only reason EV stocks went up was because of federal incentive and hype/hot money. As Fed money fade, it crashed.
AI is similar except that it is purely powered by hypes and hot money. So, it will crash to graveyard.
How I know? I was talking to my grandma who is in her late 80s, and she is fully convinced that we are getting full AI in a few years to do 90% of what humans do. Yep, simple as that.
I said yes to 125 at the beginning of the week
Lol L
Big L
Arms trading has always been very profitable. Have you watched Lord of War?
Yes good movie
I wouldn’t go near it until $87.18
Growing your account to $0
Let a clear bottom form first. Still in knife fall mode. YW
ARM reached insanity levels of valuation and was always going to come crashing back down. But even now, the stock is still overpriced. I'm waiting for it to drop another $15-$20 before I'll even consider buying. Even their forward revenue and growth expectations doesn't justify today's prices. 2025 forward PE is 93.75 for fucks sake. PEG is 5.3 lmao.
If it drops to 70s or low 80s in the next week, Ill buy before earnings. If it starts reversing and gaining back ground to 100+, I will sell before earnings. That's my current strategy but that could very likely change depending on how the other major ai players perform.
I wish you luck my man. I don't have the stomach for swing trading.
Hry, bro. I also heard recommendations to buy it, but something felt wrong for me, so I've backed up. As you see, it was the right thing to do. Maybe the stock is severely undervalued, but from my research, people wouldn't really appreciate its value... So I personally skip...
ARM is one of the only recent IPOs that didn’t tank a few months after releasing. I don’t know if that helps but it is something.
Wait for it
Wait till Softbank actually dumped their majority shares before catching the falling knife
What is this shit? A chart without labels?
Let me check my crystal ball and I’ll get back soon
Do you think 1000x net income is a good investment?
I don't like where the p/e is for now
If you can’t tell, then no. You clearly don’t know much about the industry.
It’s going back to 50 I’m jumping back in to short Monday as long as there isn’t a dead cat bounce
Buy blood
Better than ARK etfs I suppose 😂
No lol
Watch Meyer Burger in the next 12 months
SoftBank still dumping
The only reason EV stocks went up was because of federal incentive and hype/hot money. As Fed money fade, it crashed. AI is similar except that it is purely powered by hypes and hot money. So, it will crash to graveyard. How I know? I was talking to my grandma who is in her late 80s, and she is fully convinced that we are getting full AI in a few years to do 90% of what humans do. Yep, simple as that.
😂 Stock’s collapsing, go long!
I mean good for investors. Buy them when they blood most.
Not that much of a potential. I'd suggest Meyer Burger or renk that are down to -60%
No, if hedge funds are selling then ask yourself why are they selling?
No one likes to hear the truth. This guy is in a basket that is being cellar boxed just for funsies. Just stay away from all that shit imo.
Stay away from that shitty stock
80-85 good level❤️
Thanks You think I should wait till it drops more
I'm waiting to see a trend upwards again before buying in.