Literally everyone knows most tech stocks are overvalued, nobody's denying that, because it represents investor's sentiments of future growth. Why you keep harping on FOMO? One may be happy raking in profits from swinging it, or don't even care if it corrects because they're long anyway. People like you missed the ride up trying to time an entry, and may end up with nothing anyway. Look at AMZN, the boat never came back.
I've been following your posts, and i'm with culepico on his views of you. Honestly, you just sound super bitter that you missed on TSLA's gains. At first nobody was judging your weak hands, but now you're just asking to be mocked. It's as if you're seeking confirmation and comfort for your bad trades to make yourself feel better. When people try to explain, you straight up dismiss it anyway. Why so passive-aggresive?
Funny how you keep repeating that you're a long term investor and don't speculate. But then you admitted buying into TSLA at $800, when many have already been crying bubble since $600s. You got spooked and sold at $1000, how ironic is that? Sorry, that's not a trademark of a long term investor. Let me guess, you did the same with Netflix too?
What i see is someone who WANTS high growth and rewards, but scared of the risks, and then comfort ownself and mock others for FOMO-ing when the stock jumps. Perhaps you should just stick to 100% SPY or QQQ. Or even safer, just pour everything into STI.
Just sharing my top 5 performers which i FOMO-ed in. These are post-crash, still holding long term, and after taking some profits. Apart from TSLA, the others i barely spent 2 hours of DD on each. I liked what i saw and understood, and just pulled the trigger. To me, that's FOMO. But hey, who cares at the end of the day if it turns out well?
TSLA +171%
LVGO +218%
TTD +98%
FSLY +152%
HUYA +43%