Stock Thread (11 Viewers)

[Desert_Power]

That’s odd. Why wouldn’t it go to his beneficiary? Is this someone assuming dead people’s stock shares go back to the kitty. I could see if they were unvested options but those wouldn’t be listed as shares. Anyway, have fun with it.

I've heard of debt securities/brokered CDs that have the option to redeem when someone dies.

 

[Chaz McNulty]

Maybe SFIO is an 'exclusive' stock, and only has a preferred buyer list?

 

[stbugs]

I've heard of debt securities/brokered CDs that have the option to redeem when someone dies.

Redeem doesn’t mean the money invested is gone though, right? Does redeem mean cashed out and then whoever the beneficiary is would get the cash? I just can’t imagine investing in a CD and if you die the money invested goes away. Why would anyone ever do that?

 

[BassNBrew]

Maybe SFIO is an 'exclusive' stock, and only has a preferred buyer list?

In that case I wonder who my 78 yo MIL blew.

 

[JoeSteeler]

Who are you using to buy this?  I use TD and still can't get any. Tried Friday said I didn't have enough buying power. Dumped more money in on Friday. It's clear and ready for me to use. Still can't buy. 

bought it Friday @ Schwab

 

[BigJohn]

GME Short float down to 53%

 

[JoeSteeler]

Maybe SFIO is an 'exclusive' stock, and only has a preferred buyer list?

No - unless my $1,000 Schwab acct is somehow "preferred"

 

[IC FBGCav]

Hey @FBG Moderator can you add #1 Fan of $FLGT to my profile? TIA

Also

I was looking to buy this morning and etrade is bogged down.  Missed the boat i guess.

 

[ChiefD]

No - unless my $1,000 Schwab acct is somehow "preferred"

Yeah, I bought SFIO on Schwab on Friday as well. And I am certainly far from a high roller. 

 

[[icon]]

GME Short float down to 53%

Do you mean short interest (53% of shares shorted)? 
 

Where ya finding this data? 
 

 

[hagmania]

GME Short float down to 53%

It was fun while it lasted. Adios!

 

[QuizGuy66]

I mix up my children every day.

How many kids are gonna get name Stonks or Gme this month?

-QG

 

[Desert_Power]

Redeem doesn’t mean the money invested is gone though, right? Does redeem mean cashed out and then whoever the beneficiary is would get the cash? I just can’t imagine investing in a CD and if you die the money invested goes away. Why would anyone ever do that?

Correct. It just would decrease the issuers liability/shares outstanding.

As a broader point, trying to figure out how many share outstanding a small cap has seems like a red flag not to invest in it.  

 

[GROOT]

Would it be crazy expect people cash to out GME and move to AMC?

 

[Chaz McNulty]

Would it be crazy expect people to move from GME to AMC?

AMC is way safer.  Long term it isn't far-fetched to say its a  $10-15 stock.  GME is a game of chicken.

 

[cosjobs]

Went ahead and bout 100 AGQ at 62.60. This is the worst I've felt about a purchase since I got AMC pre-market for 11 last. Hope this one turns out well, too

out. Lost 100 or so.

 

[McBokonon]

I was looking to buy this morning and etrade is bogged down.  Missed the boat i guess.

Depends on your time horizon. I'd be shocked if there wasn't a major pullback in the next week or so - like 20% or even more- because the run up has been insane. But 5 years from today this will seem like an early entry. Just became a midcap, tons of runway. If I didn't have a position I'd buy a third of a position now and wait until earnings in February. That way you don't miss out completely if it keeps running but also you don't lose a lot if it retreats. 

 

[cosjobs]

Was able to get 1000 shares of SIFO on TD just now.

welcome, but dayum that was a huge fee by percentage

 

[BigJohn]

Do you mean short interest (53% of shares shorted)? 
 

Where ya finding this data? 
 

Kid I'm watching on Youtube has it on a 'Black App'. Not sure what that is.

 

[beef]

@cosjobs SPCE up 10+%.    Even if it doesn't go short squeeze crazy

 

[cosjobs]

Kid I'm watching on Youtube has it on a 'Black App'. Not sure what that is.

Now imagine that app was white

 

[BigJohn]

Other Short %

SNDL - 7.9%

AMC - 15%

BB - 8%

NOK - 1%

NAKD - 13%

 

[[icon]]

Would it be crazy expect people cash to out GME and move to AMC?

IMO the magic is gone 

 

[BigJohn]

Now imagine that app was white

I think it's part of a program called Citrix Viewer.

 

[ex-ghost]

In on the AMC train for a small position this morning. Just along for a ride, hopefully a profitable ride.

Crash and burn

 

[Navin Johnson]

Other Short %

SNDL - 7.9%

AMC - 15%

BB - 8%

NOK - 1%

NAKD - 13%

One name I have seen bouncing around is FUBO at over 70%

 

[cosjobs]

FLGT...what have I done to deserve you?  

some of my best buys are on a whim buys

 

[2Squirrels1Nut]

Added 6000 SFIO to bring it to 10,000 total

 

[McBokonon]

This $NNOX sell-off isn't really that bad. I'm going to have to consider buying in the 50's if it gets there.

$GDRX is getting ready to run.

 

[Sideshow Bob]

Anybody else holding HAACU? It's trading at $12.52, while HAAC is $11.90 and HAACW is $2.70. So, just having it split unlocks $2 in value? Thinking about splitting it and selling off the warrants. 

 

[cosjobs]

I haven't been able to find a match to their mac and cheese.  It's the thing I look most forward to when I go.  

Does it come with a chicken tender and juice box?

 

[stbugs]

Correct. It just would decrease the issuers liability/shares outstanding.

As a broader point, trying to figure out how many share outstanding a small cap has seems like a red flag not to invest in it.  

Yeah, so if shares go away someone had to have cashed them out. I think like many other things that it’s a bad assumption that the outstanding shares just magically go down in a good way versus changing ownership. Kind of like so many of the stock split posts I read where it was clear that some folks had a complete misunderstanding of “free shares” given out which frothed up the already frothy stuff.

 

[Captain Cranks]

Does it come with a chicken tender and juice box?

  lol.  You would think.  Seriously though, the mac and cheese paired with their aged chateau is off the charts.   

 

[Desert_Power]

One name I have seen bouncing around is FUBO at over 70%

FUBO already seems to have gone through one of these in December and interestingly is back at that peak again. Fundamentals on it are very divided. I bought it during the trough, would probably sell if it wasn't in my taxable account.

 

[McBokonon]

Anybody else holding HAACU? It's trading at $12.52, while HAAC is $11.90 and HAACW is $2.70. So, just having it split unlocks $2 in value? Thinking about splitting it and selling off the warrants. 

I'm too hungover to do math but  you only get 0.25 of a warrant for each HAACU share you have. Not sure if you calculated that, you might have. 

 

[Sideshow Bob]

I'm too hungover to do math but  you only get 0.25 of a warrant for each HAACU share you have. Not sure if you calculated that, you might have. 

Dammit. Forgot about that. I did not. Thanks.

 

[McBokonon]

Ja Rule coming up on CNBC. I'm liquidating everything.

 

[Desert_Power]

Anybody else holding HAACU? It's trading at $12.52, while HAAC is $11.90 and HAACW is $2.70. So, just having it split unlocks $2 in value? Thinking about splitting it and selling off the warrants. 

I'm too hungover to do math but  you only get 0.25 of a warrant for each HAACU share you have. Not sure if you calculated that, you might have. 

Edited just now by McBokonon

You also usually have to pay some fee to split it pre-merger (will split automatically during the merger process). 

 

[Sideshow Bob]

You also usually have to pay some fee to split it pre-merger (will split automatically during the merger process). 

I've read a couple of places that Fidelity was not charging fees to split.

 

[2Squirrels1Nut]

Yeah, so if shares go away someone had to have cashed them out. I think like many other things that it’s a bad assumption that the outstanding shares just magically go down in a good way versus changing ownership. Kind of like so many of the stock split posts I read where it was clear that some folks had a complete misunderstanding of “free shares” given out which frothed up the already frothy stuff.

I was planning a short position on Saturday but TD won't let me. FWIW

 

[Desert_Power]

I've read a couple of places that Fidelity was not charging fees to split.

That would be a good benefit. I've looked up my brokers a couple of times, but just going to wait for the splits on most of these if I'm holding long term.

 

[IC FBGCav]

Depends on your time horizon. I'd be shocked if there wasn't a major pullback in the next week or so - like 20% or even more- because the run up has been insane. But 5 years from today this will seem like an early entry. Just became a midcap, tons of runway. If I didn't have a position I'd buy a third of a position now and wait until earnings in February. That way you don't miss out completely if it keeps running but also you don't lose a lot if it retreats. 

Definitely going to do this when I can.  I can't buy or sell anything on etrade currently and no customer service.  Time to get out of there.

 

[Capella]

Got out of AMC +22.50%. Weird and fun few days. 

 

[Sideshow Bob]

That would be a good benefit. I've looked up my brokers a couple of times, but just going to wait for the splits on most of these if I'm holding long term.

Yeah, I'm planning to, as well. I just got a little fired up about what I thought was an arbitrage opportunity. 

 

[beef]

I'm too hungover to do math but I you only get 0.25 of a warrant for each HAACU share you have. Not sure if you calculated that, you might have. 

Thanks for the heads up on the .25 warrant info.  I'm holding the U's and not a number divisible by 4.  

 

[cosjobs]

  lol.  You would think.  Seriously though, the mac and cheese paired with their aged chateau is off the charts.   

yeah, an old French house is the perfect place to eat most kiddie meals.

 

[QuizGuy66]

Does it come with a chicken tender and juice box?

tendies for the win!

-QG

 

[cosjobs]

Got out of AMC +22.50%. Weird and fun few days. 

Your diamond hands are really glass

 

[Todem]

Other Short %

SNDL - 7.9%

AMC - 15%

BB - 8%

NOK - 1%

NAKD - 13%

It's over.

 

[Capella]

Your diamond hands are really glass

I held through the garbage they pulled last week but now that it’s up again it’s time to go.