2D·

Good time to buy?

I would be interested in your opinion on Innodata and IREN. Are you invested?

Do you think now is a good time to invest? Especially with Innodata? Or do you think there is still room for downside?

I am already invested in Iren myself.

I would like to include Innodata in my portfolio as an "AI share". The need for training data for AI models will become even greater in the future.

10 Comments

Dividendenopi👴@Dividendenopi

Innodata has left massive skid marks in the tenbagger2031 portfolio and, measured against the past year, is in an interesting window for an initial entry. Iren is and remains a trading stock for me. It has already made a decent profit twice, for my taste it should move back into a range of €30 to max. €32, then I would venture a final trade. Both stocks can be classified as high volatility and for a longer-term investment only something for strong nerves if the risk-off trend continues. Then, in my view, there would still be plenty of room to the downside

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Sebbster@Sebbster

@Dividendenopi Thank you for your assessment! I'll keep an eye on things over the next few days, but then I'll take the plunge with Innodata. Which stocks are you currently trading? Apart from S&P today?

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Dividendenopi👴@Dividendenopi

@Sebbster The trading portfolio has been greatly reduced. I am currently invested in $OMDA, $LYC, $QURE and $AQST. I am also holding my absolute buzzkill $DEFI. At the moment I am down over 22% on the entire portfolio. The best stocks are $QURE with a decent plus and $DEFI with a minus of over 50%. 🤷‍♀️Ist a bit difficult at the moment. Highly speculative for a DAILY rebound would be $DGNX, which was punished properly and rightly so, but it is a very hot stock. A gamble on $HIVE could also be an option. $ONDS is also suitable, $BMNR and $SBET are in areas where you could possibly take a few percent with you. But everything is high risk and should be clearly limited at TP and hedged downwards. How far down depends on your resistance to pain 😉😁 and at least I'm not too greedy on the upside, 10 or 15 % is enough for the weekend shopping if you put in the right amount.

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Sebbster@Sebbster

@Dividendenopi Okay, interesting. I'm also in $OMDA, but I want to hold it for the longer term. I've already sold $LYC and am still unsure about getting back in. Defi I am 67% in the red. You're still doing well with your 50%😁 I'm already itching my fingers at $HIVE. But don't you think it's difficult because of the bitcoin dependency? $ONDS I somehow have the feeling that it's still letting off a bit of steam. But I could be wrong. The rest doesn't tell me anything but $DGNX looks kind of interesting, with a wild chart haha. What do you think of $IPX? They have also come back a good bit.

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Dividendenopi👴@Dividendenopi

@Sebbster $IPX I also have it on my list, but haven't followed it since trading was suspended last year due to the short-selling attack. I really must do some research

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Var@thewarden

For $INOD I would enter at around 30-32 EUR. Keep in mind that it's very volatile.

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jkb92@jkb92

@thewarden why would it go back to that price (provided that the general market stays stable)? This was the price before the announcement of several deals and good earnings.

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Timo@tikemyson

$IREN ---extremely volatile...good for swing or momentum or even day trading.... whatever you want to call it.....but in the long term that would be far too uncertain for me....also a good value for "optioning"

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Timo@tikemyson

@tikemyson Although the order situation and company figures seem promising to me

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Stephan K.@StrahlemannLP

Iris Energy currently has the same problems as any service provider trying to offer its customers computing capacity: how quickly can you get the data from A to B? The "Park everything to me!" business model will not work for understandable reasons, because you rarely let the business basis be taken out of your hands and companies are then more willing to deal with building security and communication security again (to a limited extent) than to trust that Iris will manage it.

This is also because even established hyperscalers such as Microsoft or Amazon have made too many mistakes recently.

So in the end, this question remains open, because it decides whether the advantage in pure computing speed is sufficient to say that it is worth thinking about a secure transfer from A to B and putting a price tag on it.

However, what Iris has realized compared to Bitfarms, for example, is that relying on cryptos alone is a difficult issue. Nonetheless, the devaluation has been more than evident in Iris' books...in that respect: If you want to get in, have strong nerves and think in a horizon of at least 1 to 2 years. And above all: Follow meticulously whether Iris thinks this idea through to the end. My exit would be reached if you continue to only go into cryptos. That would be too unsafe for me.

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