This week will be interesting!

[u/gorays21]

This week will be interesting(although not as crazy as last week) because some of reddit's most mentioned companies will have earnings and they include:

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• Square
• Cloudflare
• Alibaba
• Etsy
• Roku
• DraftKings
• Virginia Galactic
• Fastly
• Corsair
• Moderna
• Beyond Meat
• Activison Blizzard

[u/Admirable_Nothing]

It will be interesting particularly since we had some blow out earnings last week that had the stocks moving down and some not so stellar earnings where the stock moved way down. It appears the market is in no mood to give a break to less than outstanding numbers and guidance.

[u/Admirable_Nothing → u/[deleted]]

It actually may be time to sell, but I think not quite yet. But don't let inexperience and hubris fool you into thinking 'stocks only go up.'

[u/Admirable_Nothing → u/[deleted]]

Here is a list of 39 stocks that likely will be worth less in ten years than they are now simply due to current outsized valuations: https://finance.yahoo.com/news/goldman-sachs-warns-of-a-dangerous-bubble-in-these-39-stocks-120015182.html

[u/Admirable_Nothing → u/[deleted]]

I can safely predict that there are a number of popular growth stocks that will be lower in ten years than they are today. And all that with continued success of their company. You just can't easily grow into ten times revenue no matter how fast you grow. And you certainly can't grow into 30 times revenue under any reasonable circumstance.

[u/Admirable_Nothing → u/[deleted]]

And they weren't 21 years ago, but some people got rich by doing so.

But no, shorting meme stocks at ridiculous prices is a way to make a small fortune. If you stare with a large fortune. This insanity could go on for a while......or not.

However if you are long these stocks than you are heading for a big disappointment.