r/valueinvesting
Broadcomm - I bought the dip
Bought a small 5% position in AVGO based on a perceived alternating post-earnings price pattern, admitting it is purely vibe trading.
- Historical observation of an alternating post-earnings price reaction pattern suggests a potential bounce.
- Disciplined position sizing (5%) limits downside risk while allowing for upside participation.
- The strategy is explicitly admitted to be 'vibe trading' without fundamental analysis or rigorous backtesting.
- Relying on a simple alternating pattern ignores broader market conditions and company-specific fundamentals.
Simply put, I bought the dip on Friday on post-nut clarity spur (I'm in Asia).
Prior to that, i was doing some historical trend research for AVGO, nv done before for it and never bought AVGO before.
I noticed that the post earnings cycle for AVGO post-Openai launch had been almost always the same, it alternates. if it gaps up in Q1 earnings, it will crash in Q2, then gap up in Q3 and down in Q4. No prize for guessing what the last post-earnings reaction was.
It's purely vibe trading but I'm just allocating about 5% into this hunch and see where it takes us.
I feel like i'm reading a guy from WSB
Granny investing, not double clutching like you should. You're lucky that 100 shot of P/E didn't blow the welds on the market cap.
Ask any trader, any real trader, it don't matter if your stock goes up by a cent or a million.
Winning's winning.
Because you’re hoarding 95% cash for a 2008 like crash that’s not gonna happen soon? 😂
Man this sub really fucking hates every single stock.
Every single time I click on a thread like this it’s negative Nancy’s everywhere.
What do yall even buy anymore?
yes, and yours one is wrong. if you actually read a definition of value investing, the very idea of it is a fundamental analysis - and "vibe trading" is the opposite of that.
Don’t use forward PE to value a stock that has just missed their revenue numbers.
The were 4 cents above expectations. What „shocked“ the market was that they kept the outlook stable
They didn’t miss.
They missed my super secret recent numbers that only I know
Don’t listen to these people. They would rather buy “value” stocks like PayPal and Lululemon.
RIP to this man
Expected Revenue: 22.07B, Reported 22.19B
Expected EPS: 2.4, Reported 2.44
Down to 64 pe... Definitely value investing and not hype chasing, in no way Dec 1999 like...
forward pe is 24