Posted by DigiNomad on 12th of Apr 2024 at 10:45 am
DXYZ - getting interesting now that I'm only up 50% from
what I have left of initial entry. Owning SpaceX is going to tempt
a LOT of people and the valuation is not likely to make sense for a
long long time. SpaceX is also perfectly positioned under the
Gov money spout - pole position in the economy.
Closed-end fund Destiny Tech100
DDXYZgets highlighted on Friday's The Compound & Friends
podcast, and it has Josh Brown asking, "Am I taking crazy pills
again?" The fund holds privately held companies. "This might be the
craziest meme stock of all time. They don't create or redeem new
shares of this," Brown said. With only about $50 million worth of
assets in the fund it is being valued at $1 billion. "This makes
GameStop (GME) look like a joke...If every one of the fund's
holdings goes up 1000% by the time it goes public the people who
bought into this fund will lose money. It's nice to get access to
private markets but not like this," Brown said.
Posted by DigiNomad on 12th of Apr 2024 at 10:54 am
Haha. 1 million % agree with this assessment, but this
market been divorced from rational thought for a long time now.
Even if there are glimpses every once in a while, most people don't
know or care about underlying valuations anymore...and they often
get rewarded for not caring. Just say SpaceX and they'll lose their
minds (clearly). Gambling nation.
DXYZ - getting interesting now
Posted by DigiNomad on 12th of Apr 2024 at 10:45 am
DXYZ - getting interesting now that I'm only up 50% from what I have left of initial entry. Owning SpaceX is going to tempt a LOT of people and the valuation is not likely to make sense for a long long time. SpaceX is also perfectly positioned under the Gov money spout - pole position in the economy.
Digi pop up TView and
Posted by breakout on 12th of Apr 2024 at 10:46 am
Digi pop up TView and look at the note today on it
I posted a live view.
Posted by DigiNomad on 12th of Apr 2024 at 10:48 am
I posted a live view. I don't see a note. Maybe I need to close and reopen?
DXYZ
Posted by breakout on 12th of Apr 2024 at 10:48 am
Closed-end fund Destiny Tech100 DDXYZgets highlighted on Friday's The Compound & Friends podcast, and it has Josh Brown asking, "Am I taking crazy pills again?" The fund holds privately held companies. "This might be the craziest meme stock of all time. They don't create or redeem new shares of this," Brown said. With only about $50 million worth of assets in the fund it is being valued at $1 billion. "This makes GameStop (GME) look like a joke...If every one of the fund's holdings goes up 1000% by the time it goes public the people who bought into this fund will lose money. It's nice to get access to private markets but not like this," Brown said.
tradingview.com
DXYZ Stock Price and Chart — NYSE:DXYZ — TradingView
View live Destiny Tech100 Inc. chart to track its stock's price action. Find market predictions, DXYZ financials and market news.
Haha. 1 million % agree
Posted by DigiNomad on 12th of Apr 2024 at 10:54 am
Haha. 1 million % agree with this assessment, but this market been divorced from rational thought for a long time now. Even if there are glimpses every once in a while, most people don't know or care about underlying valuations anymore...and they often get rewarded for not caring. Just say SpaceX and they'll lose their minds (clearly). Gambling nation.
Amen...charts work though gotta read
Posted by breakout on 12th of Apr 2024 at 10:56 am
Amen...charts work though gotta read em right.
and Kudo's to you and
Posted by breakout on 12th of Apr 2024 at 10:59 am
and Kudo's to you and Shellson chatting about it last week...if not for BPT chat i wouldn't have seen it.
Yeah, Shellson scored for us.
Posted by DigiNomad on 12th of Apr 2024 at 11:01 am
Yeah, Shellson scored for us. Thanks!
Best line i c on
Posted by breakout on 12th of Apr 2024 at 11:16 am
Best line i c on DXZY is around 37.15 on a 4 hour. Next area and what i am looking for is the reaction @ 28.79 area
$37.15 held so far....
Posted by shellson2 on 12th of Apr 2024 at 11:59 am
$37.15 held so far....
DXYZ - Man, remember when
Posted by elementsix on 12th of Apr 2024 at 10:51 am
DXYZ - Man, remember when this was $100!
Three days ago...
one of those no options
Posted by breakout on 12th of Apr 2024 at 10:52 am
one of those no options and cant short...on TS, not sure on other platforms.