CharlesBaker
CharlesBaker
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$SUPER MICRO COMPUTER INC(SMCI)$ this drop is a joke way overdone for a company with this much growth and more importantly a competitive advantage if anyone should worry it is dell $Dell Technologies Inc.(DELL)$ and HP $HP Inc(HPQ)$ not SMCI which will eventually gain market leverage as it continues to dominate market share.This sell off is way overdone. The current price represents a great buying opportunity. I’m in this for the long term. No intention to sell anytime soon. Have a great day.
$Apple(AAPL)$ Almost sold all my Apple stock a couple years ago, since I am a longtime Berkshire shareholder, I figured with Berkshire holding all that Apple stock, my Apple holdings would have been redundant. Whew! Thank goodness I changed my mind. Goes to show you, sometimes the best trades can be the trades we DIDN'T make....
avatarCharlesBaker
2023-10-13
$Sea Ltd(SE)$ Impact of TikTok Shop Closure on SE.After the closure of TikTok Shop in Indonesia, the market is still unsure of the extent of the impact on the local area. TikTok Shop closed on October 4th. After the closure, e-commerce livestreaming shops generally redirected traffic to independent sites and Shopee via URL links.Any chance TikTok get approval to launch a separate app. Surely they can’t abandon the ID market otherwise their global e-commerce ambitions get hurt. I long SE but worried if TikTok approval, we crash again.Image
avatarCharlesBaker
2023-11-08
$Palantir Technologies Inc.(PLTR)$ Wait till all the retailers have lost their money to day traders who can trade a million times a day and take their money! If you haven't noticed even big whales are selling huge stakes every night just prior closing bell. 4 mil last night! But watch them cry more when they find out Elon Musk is going to get the contracts due to his missile building and AI expertise. He offers way more than ptlr! The government isn't going to fully trust ptlr when they continue to do IT work with international businesses and governments. Nor does a few countries want an american company doing there secrets! This will be going back to 14-15 soon enough.. because there is no deal and delayed due to securit
avatarCharlesBaker
2023-10-13
$Sea Ltd(SE)$ I don't think WE need to worry too much, mainly for two reasons:TikTok will certainly get approval to launch an e-commerce app in Indonesia, but TikTok has launched standalone e-commerce apps in China and Europe before, and they failed quickly. This is because the e-commerce conversion rate within TikTok is very high, but once users leave TikTok and enter a new app, the conversion rate drops rapidly. And its biggest advantage compared to Shopee and Tokopedia would disappear.Mobile memory is generally small in Southeast Asia, jumping to external apps easily causes lag, which makes jumping more difficult in Southeast Asia compared to Europe and China.Image
avatarCharlesBaker
2023-09-22
UPTD had gut feeling it would possibly FBO since p much the only flag on scanner. would love to hear short seller perspective on my entry. did anyone short the fbo? if so why? also did any shorts get stopped out previously above HOD with that move from $15-20?This one is red hot for breaking previous high of $33 and rocketing all the way to $100+ $Tradeup Acquisition Corp(UPTD)$ Image
$Microsoft(MSFT)$ It’s difficult to time the market; thus, I am not a day trader. I regularly accumulate few shares to hold LONG term (I wish I could afford large quantity). MSFT excellent performance & the best big CAP stockHolding on long is a good strategy.I was able to acquire a decent amount of shares 10 years ago when they were at $25. Back then this represented a fair amount of money, but nothing extravagant. Today however, I am VERY glad I held on to most of them! 😊So even if you don't have a large quantity: Keep them as long as you can, your future self will be grateful to you!
avatarCharlesBaker
2023-07-11

SOFI Best Fintech Stock To Invest In?

Coming out of its best quarter yet, SoFi Technologies, Inc. (NASDAQ: SOFI) appears to be set for another solid quarter in Q2 after the fintech quadrupled its market share of new account openings in the first half of the year. With SOFI planning to release its Q2 earnings earlier on July 31, SOFI stock could be set to continue running as the company could share good news regarding its profitability.SOFI FundamentalsDigital Banks and Fintechs GrowthFollowing the collapses of several regional banks earlier this year, fintech platforms have been the biggest winners of this unfortunate catalyst – with SOFI at the forefront. Recently, Cornerstone Advisors released a study that showed that Americans are shifting from traditional and mega banks to digital banks and fintechs like SOFI, Chime, and P
SOFI Best Fintech Stock To Invest In?
$Microsoft(MSFT)$ One year ago this stock was hovering around $320 a share. At that time, if I had guaranteed you $414 a share in one year, you would have gladly taken it. Relax and watch this dog hunt for the next five years.To the whining little short that gave this a thumbs down, come out in the open and tell us how much money you are losing.... maybe the board can benefit from your wisdom.
avatarCharlesBaker
2023-08-21
How does Lucid justify a $14 billion market cap? Lucid only delivered 1404 vehicles last qtr. It has thousands sitting unsold. It's other production the gravity SUV is entering an even more competitive EV segment with limited number of buyers at the high price range. It has no plans for a charging network, no real plans to make $ in software, no plans to enter energy storage sector, and from Peter Rawlinson's comments no plans for a cheaper vehicle. At best lucid should match Aston Martin's $3.5b market cap. $Lucid Group Inc(LCID)$ Lucid Air Electric Car
$SoundHound AI Inc(SOUN)$ Don't let shorts steal your good stock. I have been adding soun and have recommended it to several investors, keep buying.Call options are gaining and shorts are melting away, buyers are coming in. I continue adding without hesitation. low price is panacea for much higher prices, $7.80 is around the corner then $13.80 and $20.00 then $40.00 and $60.
avatarCharlesBaker
2023-05-19
I think shorts on last leg squeeze may happen just a hunch within 1 week. Only the reason it is down is because of short sellers.Illustrated gif. A round, yellow smiley face winks as text in a handwritten style scrawls across the screen. Text, "Well done!"
avatarCharlesBaker
2021-08-16

this is most likely the best buying opportunity

All, this is most likely the best buying opportunity. Why? WISH completely gutted their leadership team just a few months ago and are in the process of rebuilding their technology platform. I work in software engineering and have been seeing hints through their job posting that they are moving to a distributed application architecture (i.e. microservices). For those that are not technical this is a game changer in itself as it enables a business to vastly improve product agility meaning its easier to roll out new products and integrate to others with great scale. Think WISH Logistics, WishPay, etc IMHO this is why they brought in the new CTO and Product execs from Google/ Ebay. They are going to completely re-engineer their search algo and I would agree it needs major improvement. I person
this is most likely the best buying opportunity
$NIO Inc.(NIO)$ This stock is bs. When market is green this will be red, when market is red it will be red. Holding it long term causes only pain. I am hoping it reach 5$ soon and I will be out of this bs.
$Palantir Technologies Inc.(PLTR)$ ottoming weekly bases are one of my favorite setups to buy. Here’s 3 charts that provided plenty of time to scale in before big gains: $Robinhood(HOOD)$ $Coinbase Global, Inc.(COIN)$ $Palantir Technologies Inc.(PLTR)$ Sometimes they offer a backtest of the zone as we see with Coinbase and Palantir. Both retests led to 100%+ gains.I’m seeing some of these same setups in high quality names I plan to share in a separate post this week. There’s plenty in names like $ZM $ROKU etc. but I don’t see those ever recovering.The key is finding the diamonds in the rough.&nb
$Faraday Future Intelligent Electric Inc.(FFIE)$ FFIE to the Moon!!!! 💎👐🦍🐒🦧🐵🚀🌕💫DiscussionFrom every corner, voices rose,In unity, they dared oppose.The powers that had long held sway,And vowed to make the billionaires pay.With passion fierce and hearts aflame,The Faraday apes, played the game.No longer bound by Wall Street's chains,They forged a path through peaks and plains.
avatarCharlesBaker
2023-10-26
$Coca-Cola(KO)$ $Pepsi(PEP)$ $JPMorgan Chase(JPM)$ $Hershey(HSY)$ in the green, due almost entirely to a nice Hershey move. They will report soon, so I could give it all back and be in a world of pain. HSY Longs in KO and PEP also helped. Even had gains in a JPM position that I opened . Some sectors have been working!
avatarCharlesBaker
2023-09-08
I always laugh when people say that this or that is not the next Tesla. It's like saying that Toyota is not the next Ford (and I am sure many in the US thought it when Japanese cars started making their way into the US, lol. Look at it now).The first time I sat in a Tesla I was amazed how cheap everything feels. Plastic all over. The finishing quality of US made Tesla's are average at best. When comparing US made to China made Tesla's the Chinese are miles ahead in quality.Back to NIO. NIO (or Xpeng, Li, BYDD etc.) are not trying TO BE Tesla. NIO's quality and price is above Tesla. They are of a different market. Li would be more of a Tesla competitor.Besides, who cares. NIO needs to be evaluated based on their sales, revenue, earnings, debt etc., not Tesla's sales.
avatarCharlesBaker
2023-08-18
look what happened to the stock of the California electric company when they were blamed for the fires. If you would have bought the shares when it crashed and held for a while you would have sold it for a big profit. HE WILL do the same thing. First of all, the state already has very expensive utility rates. Fees, fines, legal or litigation expenses are all going to equate to higher rates on consumers. Also, Whatever Hawaii thinks to do in the weeks and months ahead, hard to imagine they will want to drive their only electric utility into default on half a billion dollars in debt owed to the state. $Hawaiian(HE)$
avatarCharlesBaker
2023-08-16
Crazy to sell under $8.5-9 "Delcath Systems price target raised to $18 from $14 at CanaccordCanaccord raised the firm's price target on Delcath Systems to $18 from $14 and keeps a Buy rating on the shares. The firm noted they announced approval of Hepzato, a drug/device combination that delivers high doses of melphalan to the liver for the treatment of unresectable metastatic uveal melanoma (mUM, aka metastatic ocular melanoma, mOM) with metastases to the liver. The label appears clean, and includes both treatment-naive and previously treated patients." $DELCATH SYSTEMS INC(DCTH)$

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