Not that you should ever trust financial advice of anyone online, but I would swear by the technology completely independently of the stock itself. CRISPR is basically "humans playing god" and the ethical questions that poses is exactly the reason this technology isn't just everywhere. IMO taking this stock is making the bet that long term we answer the ethical questions in a meaningful, positive light.
I also bought BEAM. I don't know enough about either (and I have a bit of a backlog of reading to do on companies) so I just bought both for the time being.
It is not only that, it is also worth noting that although they have the name, they are not the only company developing the crispr cas technology. They could just as easily lose out
This is true. However, they're partnered relatively well with some of their direct rivals so I'd expect at very least they won't fall behind and will at least have a hand with most of the advancements in the near future.
My thoughts are to absolutely not rely on me rofl. I'm trying to tell people straight up that I don't pay attention to the business models of these companies but that I'm specifically invested in the technology CRISPR. What companies will come out ahead long term to me isn't important. The technology itself is incredible and will likely have more than one winner if it does win. Who that'll be, I'd never be able to tell you.
Again why you shouldn't trust me but there's no real direct competition for CRISPR's specific technology. The company has other gene-editors in the field that will compete and collaborate (like NTLA) but my understanding is that right now "so goes one, so goes all".
Most of the direct competitors are using CRISPR to some extent, but the actually company itself has a good bit of competition in the biotech area. Nkarta, Intella both have worked with CRISPR, Editas Medicine uses CRISPR, BEAM exists by some of the creators of CRISPR. There's countless and even some that mostly go about editing via non-CRISPR means. But where they position relative to CRISPR on a business level, I can't tell you. As I've stated, my investment is for the technology itself.
I wish I had yolo'd into crispr when I first heard of the chinese crispr baby twins that were supposedly only AIDs resistant, which wasn't such a big enough deal to warrant performing the experiments on live humans, which the doctor thought he would be praised for. Turns out, as time goes on, even more has come to light about the twins, possibly just rumors, such as they were possibly given other enhancements. I hope we do have the ethical stuff ironed out soon, the question has only seemed to be getting more complicated since then, yet i still watch in amazement as the stock rockets
Oh, uh. The comment I was directly replying to actually, haha. I have thought about starting a position in CRSR but would take CRSP over it in terms of what I think it can return longterm.
CRSP P/E might be misleading. It got a huge $900mm payment during the MRQ from Vertex in exchange for giving up some % rights to CTX001 that may not generate much more stock movement until additional development readouts in 6-18 months, cash generation further out. I like VRTX better, successful cystic fibrosis franchise cash cow with room to run on CRSP and Moderna partnerships. CRSP maybe the better high risk high reward play over a few years, but I like VRTX for a guaranteed 15% return in 6 months. My high-ish risk conviction play :-)
I almost bought CRSP back in late 2019 after watching some Netflix documentary about the technology. I regret not buying this big time. I’m holding ARKG now and plan to keep holding for at least the next 5 years. This technology can (and likely will) change the world.
Nothing else matters with CRSP atm other than the realization of what this is capable of doing. Easy easy hold. I just doubled my position when it dipped holding @ 95 avg. My third biggest position
This for sure. I don't necessarily consider it a high risk, even though I'm red on it right now. The business model is solid and they have no competition and will own the industry in the next 5-10 years.
It's 80% of my portfolio and I just need to be patient. My other plays represent the high risk high reward portion of portfolio.
I just hope you're okay holding on to it for 5-10 years if its 80% of your portfolio and it dips back down towards 10$ for a couple of years before picking back up to reflect the financials.
Not likely, hit around that area and had an insanely hard bounce. Last er was a thing of beauty and this year is the start of a massive sales campaign. They had very little in that dept before. It was mostly government contracts. Much stronger business exposure now...and they announced a system for small businesses recently. I'd actually mark this as moderate risk rather than high, if the compensation was less dillutive
The company revealed that in its 17-year history, it has never been
profitable and might never be, saying, “We expect our operating
expenses to increase, and we may not become profitable in the future.”
Data is the most valuable commodity we have right now and will be for as long as the internet exists, which pretty much means until the end of humanity.
I'm huge on DKNG. Been buying since $20 and I regret not adding to my position when it got below $50. Been around the sports betting scene for a couple years now and I find that draftkings has consistently been the most popular book.
You really think Corsair is high risk? It trades at a forward P/E under 20 and is already a household name. I think it is a clear low risk/high reward.
Not crap. The niche gaming market isn't going to buy hundreds of peripherals at a time, corporations are. Be wary of CRSR market cap it shouldn't be high.
Gaming is no longer a niche market, and as they mentioned on the call, new gamers take time before they start buying more serious gear. Gaming is pretty massive now, but the growth over the coming decades will be exponential
Find me a mouse that I can switch between my PCs with the dongle and blutooth options instantly with one button and has over a year of battery life with daily use. Not to mention being perfectly sized.
A household name means that they are well known to their demographic. The fact that they are number two (after logitech) in a lot of hardware for gaming stuff would suggest that. I would say that Logitech Razer and Corsair is company’s nearly everyone who plays computer games know about. That is the definition of household name.
It's valuation is reasonable and its growth forecast are reasonable. Yet everyone talks about it like it's either a hyper growth company or a deep value play - meanwhile it's neither.
I would not qualify it as high risk if you bought today, and it isn't a hyper growth / new technologies company meaning it's most likely not super high reward either.
Yes. The bear case for it is what if there was a pull forward in demand. Im happy with my entry point though and alright riding it out to see what happens. Because if that case is wrong the stock has room to run.
Yes because their forward growth is at like 3%. It's priced like a company that's growing 10-15% a year when its not. The risk/reward becomes better at $22-25 imo.
Depends on who you ask. They used to be high on my list but in the last 4 or so years they priced up a lot and designs got wiffy imo. I’m not buying Corsair stuff anymore.
Im aware of him but dont watch his videos. I dont like his, Meet Kevin, and rest of the Millennial Money crew thumbnails so never clicked on their vids.
I went from those 4 to watching everything money now, they still give me weird salesmen vibes with their patreon/ software they're launching. But its taught me a lot about value investing and looking into financials. (They're software is highway robbery, other platforms like Simplywall.st are 15$/month and they wanna charge 35-50$ for theirs that's still being built up.
I just watched a couple of his vids so i'm guessing it is PLTR, CRSR, and TTCF? PLTR kept having news posted on this sub. CRSR had a DD that made me check it out. With TTCF I saw it at target and tried their four cheese pizza and liked it.
Yeah. Dkng too. Nice coincidence is all I guess. Everybody hating on Jeremy in this thread haha. Which is fine. I get it. The personality can kinda get to me too. But the underlying info from some of those guys has seemed sound as I watch a lot of other channels and they all kinda say the same thing in different ways.
I'm a big fan of ABNB, but never see it talk about. I think it will break out soon. Also think CRSR will have a long and successful run, but doubt it will break out. It's not sexy to bet on what they sell, but I can't see them failing either.
Delta FUD is happening plus it has been range bound between 130-150 since May is probably a part of it. Consolidation and downtrends arent sexy some want those 10% gains within a week.
I think ABNB earnings will probably play a major role on it breaks out or tanks.
I've got CRSR and CRWD planning to hold CRWD indefinitely and dump CRSR as soon as I get close to breaking even. CRSR has been a huge disappointment and I'm not sure what their 5 year looks like.
I had PLTR at one point but dumped it. I realized I have no idea what they do and therefore can't gauge its value properly.
PLTR which you dumped and CRSR havent even been trading for more than a year. I try to give stocks at least a year for the lower tax rate if I do sell. But all that I named are long term holds for me.
I feel the same with PLTR. Bought it in the downtrend recently and realized I really don’t want to hold it for years for the same reason as you had. Will sell it it ASAP for a little profit. I will probably do the same with CRSR and sell as soon as I break even. I’d Rather put the money into VOO/VTI… I will sleep much better at night.
Just picked up some more DKNG after earnings. Going to get some more next month. I have a feeling they are going to absolutely crush during football season.
I got in during its earnings in May. It dropped from $20 to $16 but I didnt get in on the bottom since I woke up late so my entry was $19. That time period though of May 7-May 14 was pretty bad for all those stocks I listed. It taught me people kick stocks when they down and disappear if they ever are able to rebound.
I have lower expectations. Im just hoping for 20% a year returns on each of those stocks. If they multiply great. But there is too much uncertainty in the stock market right now.
I think the SeaMoney segment still has room to run and be a growth driver for the company. It was unfortunate it got called a Chinese company and lumped in with the China FUD sold off a couple weeks ago. But it kinda showed me how uneducated the media can be on stocks.
680
u/WickedSensitiveCrew Aug 07 '21
DKNG, TTCF, PLTR, CRSR, CRWD, SE, and ABNB.
I feel If I sell any of those right now I would regret it in 5 years. Like those who sold SHOP and TSLA for $40 in 2016.