$SUPER MICRO COMPUTER INC(SMCI)$I hope the person or people at SMCI who are responsible for cooking the books end up with lengthy prison sentences. White collar crimes like this hurt people a lot more than someone shoplifting a $10 item at Target, yet the shoplifter will likely receive a worse punishment than some rich, privileged fraud who can afford high dollar lawyers.
$Meta Platforms, Inc.(META)$Owned the new META Rayban glasses for the last two months. Form factor is great. Audio quality is great and what I use them for the most. I find myself taking more spontaneous photos, but without a zoom or a viewfinder...you're just guessing about what's in frame. I hardly ever use the AI Assistant and it's pretty mediocre when I do use it. Definitely has potential!
$Invesco QQQ(QQQ)$ staying on the beach, hope we don't have a gap one way or another open. This garbage churn been going on for atleast month, everyone knows its October, retail expects bad month and tankage, and try to sell off in the mornings, crushing calls into fear covering, then Institutional (? dudes with control and cash) buyers come in and ragpull it back up crushing puts, until about the last 40 minutes or so of chaos before close. quick and the dead only small winners, or playing the gap open with move at prev close.
$Coinbase Global, Inc.(COIN)$$MicroStrategy(MSTR)$ Arguments for MSTR over COIN:Actually owns a lot of BTC, more or less guaranteeing price increases if BTC goes up.Creatively levers its balance sheet to accrue value for investors.Better historical price performance than COIN. In fact COIN is currently below its IPO price.COIN doesn't own sufficient reserves of its own bitcoin to benefit proportionality to the exponential increase we expect for BTC over the next 12 months.It's good compared to any other average stock, but imo nowhere near MSTR.
$Alibaba(BABA)$Wake me when BABA breaks $120. The recent run to $117 was just another rinse and repeat cycle. BABA has dove back under $100 every time it's broke that mark since 2022. Newbie cheerleaders always says this time is different. They eventually learn. Then they leave.
$MicroStrategy(MSTR)$The BTC appreciation accrues to the MSTR balance sheet and stays there. It's levered at 2.7X BTW. Owners of MSTR stock pay taxes on the appreciation of the stock, and again only if they sell any. I'm sure MSTR is in a position to offset some of the BTC gains to other parts of their business as expenses, thus lowering their business tax. Mr. Saylor has repeatedly said they will NEVER sell a share hence no tax liability for them on their Bitcoin. I can't see a wrinkle in any of this plan, that's why I'm all in. It's pure genius yet so simple.
$Advanced Micro Devices(AMD)$Let me tell something. AMD has the best hardware for the money right nowA40 X MI100 - AMD MI100 is 20 faster and same price.NVidia A100 X AMD MI210 - MI210 is faster and 20% cheaper.NVidia H100 X AMD MI300 - MI300 is 20% cheaper and 20% faster on AIPeople are buying NVidia $NVIDIA Corp(NVDA)$ cards now because is trending, same for the stock, when corporations realise what I just wrote here. Game over.
$Bright Minds Biosciences Inc(DRUG)$Just as most folks thought when there is no reason for this stock to trade 200 million shares with no news someone is manipulating it. The 1450 percent increase was based on nothing but some folks made a fortune and others will be left holding the bag. Same old story.
$NVIDIA Corp(NVDA)$I invested in NVDA and AMD $Advanced Micro Devices(AMD)$ years ago because of exposure to NVIDIA's role in AI through work. There are no other ways to easily invest in AI (yet), because the businesses haven't scaled to enough magnitude to be public market viable. I saw and still see AI as inevitable and the ultimate technological "space race" of this century.When NVDA first jumped multiples earlier this year, I thought it was a bubble then because of the valuation spike and because genAI was way overhyped by the general public and tech illiterate finance types. I thought it would peter out quickly and everyone would be down on it without genAI making much impac