NAVI secures all federal loans for college, that money is all but guaranteed, clean balance sheet, all federal student loans are deferred so nobody is defaulting, if anything people are paying them off sooner, this is free money anything under $10, I’m buying dips anywhere under the support of $7, expecting 75%-100% in 2-5 years. 99% insider holding, It’s a long beautiful play.
Not sure there is much to say about Facebook and Alibaba, these are great because the price gets driven down on ridiculous PR as if the value is going to magically disappear with bad press. China is basically an uncoiled spring of economic growth and Alibaba dominates the market share in Asian E-commerce. I am also long in JD and Sea Limited for developing e-commerce plays but no support at current prices. JD < 55 and Sea Limited <100
research companies, for days/weeks, not a few a few minutes or hours, go to the company website, look at investor relations page if available, look at revenue growth through quarters, study the CEO/CFOs, know the Name of their spouse, what school their kids go to.... potential revenue targets, debt/assets, etc. if you believe in a company, you won’t stop investing no matter how much the price goes down, in the end, you will be rewarded because while everyone was trading news and technicals you were long and amassing shares in something you believed would be profitable. If you do this, you only have to be right 1/6 times, hitting 10-1000x and that’s all you need.