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OK, you guys convinced me. Order in for 1 share at $250.
Hope you're satisfied!
Why not just send your money to a solid charity?
So here's how this plays out:
Goes down to $250, the lemmings come in, all thinking they got a great price, stock bounces big time, tanks when everyone realizes its a credit card company.....
I say $100, and I'm in. Interesting idea, sorta.
Oh yeah: MY OPINION ONLY. SOME OF YOU ACTUALLY READ THESE POSTS!
EXACTLY.
Sure it does- as a credit card company out of Wilmington DE.
CLASSIC!
Funny-
All kidding aside, this is a disgrace.
There's a price here, but $250 is still too high. For a credit card company like this, $100?
You heard it from me first....
Beautiful H&S.......
Did CARA do a split or just came off the rails?
Where did everybody go?
What happened to: "...proud of my shares (WTF, right?)"
"holding forever"
"Next Tesla (BTW, sell it if you feel that way!)"
"It's gone down $50, I just bought more!!!"
Still, my comment may be a contrarian sign- be prepared to load up big time!!
Thanks for the reply- I agree long term, the tricky part (in this case very!) is the buy in.....
My opinion is that this will have to touch at least $250, hopefully much lower, so that we can load up at a reasonable level.
After that, I'll turn as bullish as can be.....
MY OPINION ONLY.
OK, so without mincing words, why is the stock trading like sxxx?
My opinion is that it is a solid company, but way overpriced. It could be a great stock at $100- I don't understand why 2 weeks in folks are still willing to pay so much premium.
And as far as ARKK goes, she's buying what you would expect her to buy- with other people's money!
I hope this makes everyone a fortune, but it is one of many, many growth stocks in a variety of sectors.
Ah, that same $100,000 in DOGE..................
I mean, I believe but not yet ready to buy.....
I absolutely do, at a price that doesn't insult my (limited) intelligence!
I'm thinking.....$125 or so?! ;)
Is Coinbase based in California or Delaware?
Thanks-
Hey Doe....
I've got an order in @ 250. Even there, it's plenty of premium but gets more interesting. Sub- $200 is ideal, if it really drops like a stone I'll lower my bid.
GLTA!
Hey Neb- I'm waiting for at least $250, if it doesn't arrive I've got other stuff I like better.
I consider you one of the more savvy around here, let us know (if you want) if you go in......
Thanks.
GLTA!
Remind me- are we still doing this?
Me too- devaluing their share price down to $250 would be a good start.
Nice squeeze, guys.
ENJOY IT ;)
Yeah, with whose money??
Changed my post- withdrawing my order.
Did you do it? Thinking of buying shares myself..........
BOL, let us know!
Seems like huge Paper selling.......
Did you guys see that?
Saw that too. BULLISH! Remember, we live through the looking glass.
As long as Cramer likes it.
OK, getting interesting. About $70 more down to go.
Must be those options.......
Yes, crazy and sad.
Boy, I love seeing ads for stocks on CNBC.
Maybe, but p/e of 200+?
I hate to say it, but don't draw any logical conclusions from ANYTHING dealing with the stock market OR billionaires!
I feel we're building a base here- a lot of ebb and flow..............
Coolius, first thing to learn is to think for yourself. Oh yeah, learn to press the "delete" button on a regular basis.
Please, don't use him as an example!
Trading in a channel for sure, $100 would be great, but there are so many overpriced stocks that trade at ridiculous levels.
I'm actually concerned that this is really a very boring company selling a red-hot product. Also, the concern about commissions being the main source of income is probably why investors are on the fence.
Jas, I'm over this. I agree, but not touching it above their imaginary $250 "valuation." What a joke.
MY OPINION ONLY
I'm happy for you.
I'd probably be in at that level, however it would still be WAY TOO EXPENSIVE.
I actually don't think it will go that low, so I'll just shine it on.
The more I read about it, the more "house of cards" the whole thing seems.
MY OPINION ONLY!
Hey Neb-thanks for being here. Do you have any appetite for this one?
Thanks- like your posts!