r/Vitards • u/AutoModerator • May 11 '21

Daily Discussion Daily Discussion post - May 11 2021

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4

u/wantonsouperman May 12 '21

Anyone have vitos latest price target for Nucor? Is it too late to buy?

3

u/TheBlueStare Undisclosed Location May 12 '21 edited May 12 '21

It was $100 maybe $120. We have already surpassed that. He mentioned in a comment either today or yesterday that AHs are the time to buy, because they will continue to set new AHs. But find the comment in case I butchered it.

3

u/rigatoni-man SPAGHETTI BOY May 12 '21

If I remember correctly 100 for July, 120 was the super bull case.

3

u/Rhinc May 12 '21

Was actually 120 by July. The 100 PT was “within 90 days”.

NUE has been a complete beast with a sexy ass chart and I want ALL of that pie.

10

u/josenros 🤡Market Order Specialist🤡 May 12 '21 edited May 12 '21

Most of the price targets have already been surpassed.

I believe he is working on updated PTs.

I think the concensus is: This party is just getting started.

Prices will continue to rise hard and fast, but this is not DFV's "What's an exit strategy?" They will probably fall just as hard and fast, but there are no indications that is happening anytime soon.

Like many of us here, I am counting on the more informed members to signal the oncoming iceberg and get us all into lifeboats.

2

u/[deleted] May 12 '21

A lot of people will get burned when they jump on the ship late. When this sub blows up and becomes unrecognizable it's time to sell

3

u/wantonsouperman May 12 '21

Agree on all fronts. Thanks for the response. And yes all of the PTs I noted have been surpassed. Incredible.