Ideas For Now-

stonedinvestor said:
I'm looking for a stay at home bounce play a stock that people re interpret and realize is not just stay at home and I think it's Corsair Gaming. Kids that are doing school on the computer believe me they have access to their joy sticks. If you know what I mean. Gaming will continue at an increased pace and into the Christmas season. CRSR is my top idea to add to the Ideas For Now Portfolio...
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I agree CRSR will do well in sales, its just their balance sheet and their valuation that gives me pause.
Now, I realize we can say the same thing about a company like Twilio or Snap, but Corsair has not delivered quarter after quarter of top line revenue growth in excess of 50%, nor is it forecast to. Not even close. It's a consumer products company. That's why Apple traded at a PE of 13 forever until Cook changed the revenue model to one based on subscription growth. There's no organic growth in selling consumer electronic goods, and competition keeps margins thin.

Remember when you first mentioned this I told you it was just like Logitech? Look at their ($LOGI's) chart this week.

CRSR is a new IPO and until it has a few quarters under its belt to analyze... the only thing its good for is the occasional Gummy of the Day status based on momo as delivered by the Robinhood crowd. That or an earnings play crapshot. I spoke with Nattassia and she agrees having come up in dirt farmhouse in Eastern Europe.
 
Van it is a sector very hard to value LOGI & RAZR Not sure if the 2nd is a stock. Was LOGI up?

I know it's pricey but it does have a PE and I might add that PE is a shade or two benea the the Nadaq's average!

ON TUMUS I use a RS and MACD Accumilation/ Distrib/ Bollinger Band spit out and get $114 on TMUS is that too low?
 
VAN Corsair is picking up steam in the pre market now up 7% the word is getting out.
Seeking Alpha piece)
Despite the share price almost doubling from its post-IPO low, the P/E ratio is not unreasonable as compared to tech sector bellwethers such as the FAANG, where the P/E ratio trades easily above 30 times. Furthermore, the current P/E ratio of Corsair is about 3% below the overall P/E of the Nasdaq, and is not overvalued against this broad measure. On other metrics, such as price-to-sales and market cap-to-sales, Corsair is cheap by a discount of 57% and 45% respectively. Assuming the stock price catches up to the average of the discount of 51%, a valuation of $42 on Corsair is highly plausible. This $42 valuation is conservative given that many tech companies with higher valuations are making net losses and positive momentum has been lifting the sector regardless. In any case, there is still material upside for Corsair despite more conservative estimates such as the $32 by Goldman Sachs.
 
Jack be nimble jack be quick I don't know how to play this Could be a carpet pull... could be a real differentiation between stay at home and be home more often... That Corsair targets the youth is big. Old people go to work. The youth go to the basement and play video games.
 
I know you like T-Mobile, I'll do some work on it later and see what's up.

Yeah LOGI fell off a cliff yesterday.

Oh btw, of all the travel stocks guess which one jumped the most yesterday. Your Norwegian Cruise Lines. Remember I told you we needed one in the G4G portfolio and I asked you if it was the best? You said it was. And you were right. The damn vaccine beat us to the punch on the portfolio add though.

Nattassia is not big on cold weather anymore, but she wants to take a cruise on that operation. She says she's fluent in those Northern European languages but has never been there. I think I'll book her on the SS Carnival Caribbean and not tell her we're heading South.
"But where are the river fjords?"
"That's tomorrow Nattassia, lets go back to our stateroom now."
 
Ok, Corsair reported this morning.
Looks good on page one. We'll look at this later too.

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Wow big divergence between Naz and Dow Hummmmmmm

NAZ down 145 There is a danger here that Softbank's bets unwind.. I have been talking about this for a while. Not sure I can justify a Corsair purchase int he face of this. However Big tech will make the averages look worse than they are...
 
I THINK WE PLACE CORSAIR AND T-MOBILE IN THE READY CHUTE....
IN TORPEDO ONE AND TWO AND FIRE AT SOME POINT.

Quick word on the vaccine. I just heard an interview with a Dr in India freaked out that they have no large fridges. This vaccine is going to be not good for the warm climates and the poor countries. This vaccine will not be the world answer. AZN is now maybe more important but what will their effeciancy numbers show? You don't have to store AZN's in the cold....
that's the good part but what of it's say 70% effective?

And then there's one more question no test has looked at length of protection. The Pfizer one could get out the gates quick but maybe not last more than a few years. Who knows, one that works on less people might actually last longer. We don't want to put all of this crap in our veins every year do we? We need this to be like a polio shot a mumps, a one off-- Who's vaccine can do that! WHO LASTS THE LONGEST...

A lot of questions this is going to get messy.
 
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