Buffett's senior apprentice
DRAM Return RateCurrently, I've improved a lot this time. If you firmly stay bullish on a stock, you don't need to pay attention to others' bearish voices (but for now, it only looks good in the short term).
Bet on the game... I guessed Spain 0:0 correctly.
But SPCX has put me in a bad mood. I wanted to buy 100 shares pre-market today, but I saw a bunch of bearish comments that sounded very convincing, and I was influenced.
New listings themselves can't be measured by valuation. The fundamental reason for SPCX's rise is the liquidity premium brought by the listing of quality assets. The market is speculating on the future, the float is very small, so a little money can drive it up, and there will be continued buying from passive funds later.
A big drop in the stock price is a matter for the future, it will take a long time to digest the valuation. Short-term prices are mainly related to capital intensity and hype... that's how it was with circle back then. SPCX's scarcity is much better than Circle's.
I'll punish myself with a drink today...
In the future, any major drops caused by changes in the fundamentals of non-excellent companies are actually good opportunities. Look less at K-lines, think more about the logic. I didn't make any moves yesterday, patiently waiting for the next opportunity.
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