Fiverr Is My Newest Pick

[jeffmem]

I was able to pick up more shares of FVRR between 106-110 over the last few days. I bought another 90 shares to the 50 I already had for a total of 140 shares. But my average went from $60/sh to $92/sh. I have 13k invested in it. Singuy, IF FVRR performs the way you believe it will, what stock price are we looking at over the next 5-10 years? From one of your posts, it would appear that you expect the price to triple from now if my math is right, so that would put it at around $300/hr after about 5 years? If so that puts my profit at around 30k. Your aim is 1M, I would love to get there, but I don't have so much cash to put in one company. If at 140 shares it gets me to 100,000 I think I would be rather happy as my retirement goal is at least 1M USD, and I am already 45 years old... To get 100,000 at 140 shares the stock price would need to exceed 700.... I'm not confident of that at this moment. 300, I can see.. It appears I need to buy at least another 10k in...

As for Apple and Tesla, with this market fall, I am not sure I really trust to get back in either one of them. But Tesla's battery announcement should be coming soon, it might go back up, I just fear that getting in for long term at this price with Tesla is very risky. Apple, after this fall, I feel a good value to buy back in may be around $70... haha. I bought Amazon at 1300, at that time I only bought 2 shares, it's now earned me nearly 4k before the panic sell the last few days. I sincerely wish I had purchased more of it a few years ago, but cash was limited.

[~bs]

I was thinking about buying around the 110 mark, but it has now come up from that. And indeed overbought tech stocks are getting bashed today. I sold most of TSLA yesterday as I truly believe it is going to come crashing down soon because there is nothing to back this current price and when it falls, it will be a blood bath. I may buy again when it returns to normalacy. ZM I had wanted to get in around 409-411 but didn't happen, and I am not sure if the current price is reasonable or not. Apple is taking a beating as well, but it will bounce back before the launch, after the launch, I may sell it all.

Not sure if there is a "normal" for stocks like tesla, amazon, apple, etc. They're considered industry disrupters, and if successful, gain market share at a rate far beyond what's considered "normal". I remember at one time looking at amazon at $100 and thinking how expensive it was at the time given its sky high PE ratio. Look at it now.

[JBinKC]

Ironically, I also added 100 shs today in the 107s so I am holding 500 shares now at a 30K cost.

[jeffmem]

LOL! Indeed you are right. But your price is much lower than anyone can get now. So I won't buy again until there is a significant decrease.

[Singuy]

Good luck determining what normal is for Tesla. I have been in the stock for 2 years and I have zero clue what that is.

[jeffmem]

I was thinking about buying around the 110 mark, but it has now come up from that. And indeed overbought tech stocks are getting bashed today. I sold most of TSLA yesterday as I truly believe it is going to come crashing down soon because there is nothing to back this current price and when it falls, it will be a blood bath. I may buy again when it returns to normalacy. ZM I had wanted to get in around 409-411 but didn't happen, and I am not sure if the current price is reasonable or not. Apple is taking a beating as well, but it will bounce back before the launch, after the launch, I may sell it all.

[Singuy]

Fiverr is a low market cap stock and will see drop and rises 5-10% whenever it wants. I can't predict short term price action but since they knocked earnings out of the park, I did buy more at 106-109.
Overall growth stocks are being punished today probably from profit takers riding on the tail or Tesla, zm, and apple rise this week.

[jeffmem]

disney, it seems recovering, I did not buy more yet, as I was trying to figure it out also.

This is all I can find. Fiverr International Initiated at Neutral by MKM Partners and it has been downgraded also, but the drop was very steep...

[disneysteve]

Singuy, do you think today's drop is a chance to buy more shares even at a high price? For me it is still at about $50 above my original buying price...

I just saw that drop but don’t see any news to explain it. What happened?

[jeffmem]

Singuy, do you think today's drop is a chance to buy more shares even at a high price? For me it is still at about $50 above my original buying price...

[LivingAlmostLarge]

SHOP, AMD and Fiverr blew out earnings, so I expect an average movement of upward momentum. Noticed I said average as there will be days with pull backs. I don't have a crystal ball so I have no idea.

My rule of thumb is selling here and there when these growth companies start paying out dividends higher than 0.5%. Or I may just take the dividend and live off them. I don't know as I see SHOP doubling, TSLA may x 5, AMD X3, and Fiverr x15 as their max potential.

Shop investment : 15k, now worth 230k
TSLA investment: 230k, now worth 1.2 million
AMD investment: 160k, now worth 780k
Fiverr investment : 120k, now worth 264k

Hats off. SHOP is the craziest one. Having talked with a friend who bought at $1/share and is still holding it. Amazingly. TSLA, AMD, and Fiverr I get. But Shop I always wondered if Amzn would crush them. But amzn profits come at the expense of AWS not their retail. So I am thinking more that SHOP does stand a better chance of getting I think bigger market share of ecommerce. Especially with amazon "basic" cutting into 3rd party sales with amazon using the data from their website to try to crush 3rd party sellers. If i were a seller i would flee.

[james.hendrickson]

Thanks, I joke to some of my friends that I should start my own ETF.

I actually am a little shocked at analyst and investors not seeing the forest from the trees. They fixate on the dumbest noise and just ignore big flashing signal.

Give you a good example.

Elon on the conference call said " the biggest problem with our cars is that it's still not as affordable as I like them to be, as it is important for the transition to sustainable energy. This annoys me the most, and it's that our cars are not yet affordable for the masses".

This is signal.

When Tesla drops price and every analyst and cautious investor thinks the drop in demand is the cause, that is made up noise.

My job is to listen to the signal and not to the noise. It's not very difficult but I guess if you didn't hear Elon say it on a conference call since no one wants to write a headline about it, you will always attribute a price drop to no demand/sinking ship. This is why every time someone talks to me about how Tesla is this or that, you can instantly pick up they have a huge gap of knowledge as it's not easy to find all the signal from all the BS noise everyone generates from assumptions.

What I'm hearing Singuy is a) you do the research and b) you pay attention.

[Singuy]

Singuy, my hat is off to you. There are many, many professional investors who would like to do that well.

Thanks, I joke to some of my friends that I should start my own ETF.

I actually am a little shocked at analyst and investors not seeing the forest from the trees. They fixate on the dumbest noise and just ignore big flashing signal.

Give you a good example.

Elon on the conference call said " the biggest problem with our cars is that it's still not as affordable as I like them to be, as it is important for the transition to sustainable energy. This annoys me the most, and it's that our cars are not yet affordable for the masses".

This is signal.

When Tesla drops price and every analyst and cautious investor thinks the drop in demand is the cause, that is made up noise.

My job is to listen to the signal and not to the noise. It's not very difficult but I guess if you didn't hear Elon say it on a conference call since no one wants to write a headline about it, you will always attribute a price drop to no demand/sinking ship. This is why every time someone talks to me about how Tesla is this or that, you can instantly pick up they have a huge gap of knowledge as it's not easy to find all the signal from all the BS noise everyone generates from assumptions.

[james.hendrickson]

Shop investment : 15k, now worth 230k
TSLA investment: 230k, now worth 1.2 million
AMD investment: 160k, now worth 780k
Fiverr investment : 120k, now worth 264k

Singuy, my hat is off to you. There are many, many professional investors who would like to do that well.

[Singuy]

Do you think there will be a pull back in any of the stocks you are holding, AMD, TSLA, SHOP, FVRR? How much have you invested in each and what's it worth? When do you see yourself selling?

SHOP, AMD and Fiverr blew out earnings, so I expect an average movement of upward momentum. Noticed I said average as there will be days with pull backs. I don't have a crystal ball so I have no idea.

My rule of thumb is selling here and there when these growth companies start paying out dividends higher than 0.5%. Or I may just take the dividend and live off them. I don't know as I see SHOP doubling, TSLA may x 5, AMD X3, and Fiverr x15 as their max potential.

Shop investment : 15k, now worth 230k
TSLA investment: 230k, now worth 1.2 million
AMD investment: 160k, now worth 780k
Fiverr investment : 120k, now worth 264k