Oh, it needs to be a real business to attract funds. But, like you said, is it a sustainable business?
As I've aged and lost some appetite for message board stock suggestions and replaced it with buying great companies I LOVE when they "go on sale" be it Google, COHR (sitting on 87% gains on some shares I added back in April of this year with 55% gains on some March shares, all in my ROTH), AMAT, LRCX, etc.
I'll still dabble with a few high risk stocks, but already I'm regretting not selling more INKT between $40 and $76 (just shy of my next profit taking target) which is easy to say now that it fell to $29 and could make my profit taking at $21 (plus double that at 40s and 60s each) look good this week at this rate of decline.
Today CNBC was talking about putting data centers on the Moon where cooling isn't needed. Ah, excuse me but they will need some cooling as radiant cooling into a vacuum isn't that great but they won't have to worry about atmosphere degrading the solar power. With all the traffic by robots, they will probably need full time robotic crews to keep the panels clean. That all seems to point to Musk's universe of stocks, but they are already "discovered."
Have you looked at Woz's POET? |
