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How did this board escape the MF debacle?:wink::wink:

How did this board escape the MF debacle?:wink::wink: - QAwoman


Because it took since May 19 to accumulate 50 posts. The place is more or less a ghost town.

Add some politics, generate some life, some activity, then come the FA’ing snowflakes and then TMF closes the board. Exactly what happened to Free for All Economics.

As long as we discuss the 4% rule for the thousandth time, no problem. Yawn!

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Its still a reasonable place to discuss investing opportunities. Mostly we have value boards or retirement boards. Investing in growth stocks or cyclical opportunities has no home.

Liquid Lounge is as good as any.

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Inflation and recession are also acceptable flogged dead horse topics.

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Saul’s board is all about growth stocks. In fact, if you start talking value you will be scolded. Their basic claim is you cannot know value, but you can know how a company is performing. And they go for the hyper-growth companies.

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Talking heads opine forever on these subjects. Some aspects are useful to investors. Some companies can pass through rising costs and are more resistant to recession. Some must have products tend to be recession resistant. Some growth companies will continue to grow. Some solid cyclicals will recover in time. Spotting the bottom becomes important.

Savvy investors should know which fits in each list.

Sauls board is indeed about growth stocks but the emphasis is mostly speculative stocks with no earnings. Theres a whole nother class of growth stocks not discussed there.

Sauls board is indeed about growth stocks but the emphasis is mostly speculative stocks with no earnings. Theres a whole nother class of growth stocks not discussed there.

How have those stocks done in the last few months?

CNC

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How have those stocks done in the last few months?

Since the beginning of this year
SNOW -200pts or -63%
UPST 106pts or -74%
NET -82pts or -65%
CFLT -49pts or -70
DDOG -74pts or -45%
MNDY -195pts or -64%
ZS -151pts or -50%
Bill -120pts or -52%

some of these stocks are up if you had been holding them for the past five years, but the majority are down. This board is not for the risk adverse.
Monday Morning Rules of the Board https://discussion.fool.com/monday-morning-rules-of-the-board-35…
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
https://www.fool.com/investing/stock-market/basics/pigs-get-…

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Since the beginning of this year
SNOW -200pts or -63%
UPST 106pts or -74%
NET -82pts or -65%
CFLT -49pts or -70
DDOG -74pts or -45%
MNDY -195pts or -64%
ZS -151pts or -50%
Bill -120pts or -52%

I have owned SNOW and DDOG. Happy to say I emptied the basket at the end of last year.

CNC
… A collection of mutual funds from American Funds.

Also, CRWD -14%.

I was late to the party (Saul’s board), so I haven’t held any of that for 5 years. Fortunately, I don’t hold most them. UPST, CRWD, DDOG. Most of what I do have is negative right now, except for COST and my company stock (both of which I’ve held a long time).

How are your American Funds doing?

How are your American Funds doing?

Has been better. Worst is New Perspective. Last 12 months -18.19%
Even my Income Fund of America is down: -3.77%

:worried:

CNC

Several posters on the Value board have been discussing Saul’s prospects there as such postings are not allowed on Saul’s board.

At the moment the prospects of Sauls stocks look grim to me.

The business appear to remain solid. The entire market it down, and more volatile stocks should be down more.

Not defending him, nor condemning him. Just stating a fact. When the market finally recovers, it will be interesting to see if these recover faster or continue to flounder (i.e. the stock price…the companies are still growing like gangbusters).

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At the moment the prospects of Sauls stocks look grim to me.

Every one of them? Why? A number of them are doing quite well as businesses, even if their share prices went berserk, and they are probably more immune to macro issues than are most other businesses. Morningstar rates a number of them 4 or 5 stars, based on business and current share price.

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A number of them are doing quite well as businesses, even if their share prices went berserk, and they are probably more immune to macro issues than are most other businesses.

Excuse my cynicism, but in SaulWorld this is irrelevant. The game there is momentum trading in a particular segment, it has nothing to do with whether the company will be doing well in 18 or 36 months.

If their share prices went berserk, then (in that sphere) it’s long past time to dump them. I give Saul credit for having a formula and sticking to it, a lot of the other posters there don’t seem to get it. In, out, lather, rinse, repeat. He buys, then heads for the exit at the first whiff of smoke (even if it turns out to be the neighbor just frying bacon.) His trigger finger twitches twice before mine even gets itchy.

Whether those companies are susceptible to macro issues is likewise irrelevant; if you are waiting for them to re-acquire the berserk-ness, I think you may be waiting a very long time. (Having watched a few bubbles in my time it’s hard to remember when a stock which went “berserk” plummeted and then regained that former glory. There may be a couple I can’t think of but most have not done so: AOL, MSFT, CSCO, etc. Oh wait, Apple. Clearly an outlier. Oh, and BitCoin, but I think we all agree that’s not the same thing at all.)

Anyway, not a slam against Saul or the “method”, just noting that it’s a totally different game, all our rules do not apply.

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Excuse my cynicism, but in SaulWorld this is irrelevant.

Yes, I know. But the comment was about whether those stocks might be sensible investments for sensible people now that their share prices have descended back to earth. And, as I noted, some fairly sensible analyses suggest that at least for some of them, the answer may be “yes”.

I bought a bit of SNOW after it dropped below its IPO price recently. I also had a bit of CRWD, bought post-thrashing, but sold it for a modest profit. M* regards DDOG, ZS, MDB at current prices favorably.

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If their share prices went berserk, then (in that sphere) it’s long past time to dump them.

I’m not sure why I’m prolonging this (or defending Saul, sort of), but: this is exactly not what Saul’s done. To the contrary, he’s held many of those stocks long after he (arguably) should have sold them, precisely because valuation is irrelevant to him. The businesses continued to grow revenues at a healthy pace, and so he didn’t care that shares were selling at 30, 40, 50 times sales.

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I don’t follow Saul’s stocks. I prefer growth stocks with earnings. Those without earnings are too speculative for me. But to each his own. Your mileage may vary.

Yes, Saul’s board seems concerned that stocks with excellent growth prospects can falter. But indeed they can. And that can make for an excellent buying opportunity. Or there can be more bad news ahead. It becomes a timing issue. Now may not be the right time.

I don’t follow Saul’s stocks. I prefer growth stocks with earnings.

Even those with earning are not immune to this sort of volatility. Take boom to bust Upstart. EPS of 1.6 and PE of 23. Down something like 80% from ATH.

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