@MurrayBulwer:$ARM Holdings Ltd(ARM)$ A load of people don't know how to work out pe ratio. this company has 1020 m shares. Trailing earning is 270m but fiscal 2023 earning is almost 550m. Give the benefit of the doubt at 550. so earnings is around 0.5 usd. But arm reports non gaap earnings which is somehow 4 x higher than gaap earnings. 1.3 usd. The pe ratio is 50-200 depending on what metric you look at for a price of 90 usd. Nobody questions arm's deviantly high non gaap earnings. but the pe ratio is NOT 1000+ like is being mentioned.Iβve always said chasing hot stocks is a good way to lose money! lol It is not advisable to go against the wind. ARM will keep tanking. No support at all in near term.
@Barcode:$Trump Technology(DJT)$ Target price the π, for some this will be the dark side of the π! Truth Social, the social media platform launched by former President Donald Trump, has garnered significant attention in the context of the 2024 US election. Stock Market Debut: Trump Media and Technology Group, the parent company of Truth Social, recently went public through a merger with Digital World Acquisition Corp (DWAC). This move resulted in a substantial windfall for Trump, doubling his net worth to approximately $6.5 billion1. Platform Purpose: Truth Social aims to be a haven for free expression, positioning itself as an alternative to Big Tech platforms. Its CEO, Devin Nunes, has expressed a commitment to reclaiming the internet from censorshi