AFF Member Stock Discussion

[Mr_Orange]

Friend of mine is gungho for AI stocks such as Appen (APX).

Look at Nvidia!

 

[drron]

Friend of mine is gungho for AI stocks such as Appen (APX).

Been hyped by several sites but the big boys are obviously not interested.

 

[MARTINE]

Friend of mine is gungho for AI stocks such as Appen (APX).

?

 

[moa999]

Yep. Appen was fawned over in 2020/21 by the retail chat boards..
Has not worked out well.

 

[TheRealTMA]

Yep. Appen was fawned over in 2020/21 by the retail chat boards..
Has not worked out well.

Not my cup of tea but up 48% since Feb 28th.

 

[Mr_Orange]

Not my cup of tea but up 48% since Feb 28th.

I haven't looked at their recent announcements but I'd be wary of buying the news with that kind of price jump.

 

[Happy Dude]

I haven't looked at their recent announcements but I'd be wary of buying the news with that kind of price jump.

Was 27c in early Feb, now 75c so more than 170% in the last month or so. Interesting to know what's behind that.

 

[TheRealTMA]

Was 27c in early Feb, now 75c so more than 170% in the last month or so. Interesting to know what's behind that.

Pretty bubbles in the air created by AI.

 

[tgh]

AI stocks ? ahhh the scent of tulips in the air….

 

[Cruiser Elite]

Weird to me - but then again I am old old school from the bush where AI always did and still does stand for for Artificial Insemination in the livestock industry.

What’s the chance of a few getting f….. in this sector?

 

[TheRealTMA]

Weird to me - but then again I am old old school from the bush where AI always did and still does stand for for Artificial Insemination in the livestock industry.

What’s the chance of a few getting f….. in this sector?

OTT but it’s now illegal in Alabama according to the courts?

 

[burmans]

Weird to me - but then again I am old old school from the bush where AI always did and still does stand for for Artificial Insemination in the livestock industry.

What’s the chance of a few getting f….. in this sector?

High. Reminds me of a few other tech bubbles. There are clearly some good tech stocks who will be very successful but there is too much froth and fools willing to believe it in the current market.

 

[MARTINE]

High. Reminds me of a few other tech bubbles. There are clearly some good tech stocks who will be very successful but there is too much froth and fools willing to believe it in the current market.

I agree
I remember having a little flutter decades ago on Sausage software—
I keep 5% of my portfolio for fun stocks to dabble - that I don't care if I lose as I am well ahead. Afterpay was one.


Just don't bet the house on red at the roulette table

 

[TheRealTMA]

I agree
I remember having a little flutter decades ago on Sausage software—
I keep 5% of my portfolio for fun stocks to dabble - that I don't care if I lose as I am well ahead. Afterpay was one.


Just don't bet the house on red at the roulette table

Yes I remember the wiz from sausage software. Aptly named imho.

 

[cove]

Tonight I had a look at some duds that will get cut in the next 3 months.
We have more time now that our main business has been sold.
Tomorrow we are heading to Adelaide as we are brand new grand parents.

 

[MARTINE]

Tonight I had a look at some duds that will get cut in the next 3 months.
We have more time now that our main business has been sold.
Tomorrow we are heading to Adelaide as we are brand new grand parents.

Congratulations to you and Mrs @cove

 

[cove]

Thanks @MARTINE. The little one is in Adelaide so we are there in March and then April. The baby hasn’t slept much at night.
Today we were contacted about a Charter Hall sophisticated investor investment. The problem for us is the length of the deal which runs for many years. I will show it to my sons. Has an IRR of 12% with $250,000 minimum.

 

[drron]

I agree
I remember having a little flutter decades ago on Sausage software—
I keep 5% of my portfolio for fun stocks to dabble - that I don't care if I lose as I am well ahead. Afterpay was one.


Just don't bet the house on red at the roulette table

A bit like you but I put 10% into mining stocks. Mainly because I knew a couple of mine owners back in the day when they didn't get into trouble by giving some friendly advice. So I got used to researching those sort of stocks. The problem is it has grown to about 30% of the portfolio over the last 10 years. So I keep playing.

 

[prozac]

Bought another 10,000 Metcash today. Looks like it has established an upward trend and at 5.8% FF the yield is great.

 

[VPS]

Tonight I had a look at some duds that will get cut in the next 3 months.
We have more time now that our main business has been sold.
Tomorrow we are heading to Adelaide as we are brand new grand parents.

Congratulations - you won't need any warm clothes in Adelaide this weekend