Stock Thread (46 Viewers)

[stbugs]

I say "PLAY"
You say "GON"

PLAY
GON
PLAY
GON
PLAY
GON

From your reaction I thought it spiked like crazy, 20-40%.

I will say that I just sold more $$$ wise than PLGNF has had in volume all day and I only sold a few stocks I didn’t want anymore, no large holdings.

 

[stbugs]

You're having so much fun I moved it another penny for you.

You will soon see .385

Only $6k in volume today. I think you, by yourself, could double the price if you wanted. Might have a hard time jumping back out.

 

[The General]

Finally got one of these Meme stocks right. Ths is fun! R I V N  

 

[Bob Sacamano]

Well, today.  I'm really not complaining - I have SOFI on my long term hold list and just exercised warrants to hold those, as well.

I sold the warrants and didn't buy the stock. Trying to decide if this is the buy point.

 

[Capella]

Finally got one of these Meme stocks right. Ths is fun! R I V N  

The dump HAS to be coming right?

 

[The General]

The dump HAS to be coming right?

Always!

 

[SFBayDuck]

1 hour ago, General Malaise said:
I say "PLAY"
You say "GON"

PLAY
GON
PLAY
GON
PLAY
GON


Expand  

From your reaction I thought it spiked like crazy, 20-40%.

I will say that I just sold more $$$ wise than PLGNF has had in volume all day and I only sold a few stocks I didn’t want anymore, no large holdings.

Same, figured we were looking at a 40% jump or something.  Quickly logged in to see that 5.5% bump bring me to only 17% in the red on this one.

 

[SFBayDuck]

Very likely. 

I really hope you guys did not bet the farm on this or BLDP.....please tell me you guys just put some fun/mad money into it. 

The bulk of your portfolio should be high quality. 

Yeah small time plays.  My Roth is about 8% of my total portfolio and QS and BLDP make up just 9% of that.

 

[BassNBrew]

You're having so much fun I moved it another penny for you.

You will soon see .385

So what's the deal here GM?  Bought one share at .385 and it didn't move the needle.  Is the a min dollar amount transaction wise needed for a sale to be published?

 

[General Malaise]

From your reaction I thought it spiked like crazy, 20-40%.

I will say that I just sold more $$$ wise than PLGNF has had in volume all day and I only sold a few stocks I didn’t want anymore, no large holdings.

It's up 48% the last 5 days, Mr. Negative.  Can't you just be happy for a hapless hunk of hamburger like me?  

577,505 shares traded today in Canada, where this is listed.  

 

[General Malaise]

So what's the deal here GM?  Bought one share at .385 and it didn't move the needle.  Is the a min dollar amount transaction wise needed for a sale to be published?

Oh, it moved alright.....

 

[McBokonon]

I could go for a hamburger.

 

[General Malaise]

Same, figured we were looking at a 40% jump or something.  Quickly logged in to see that 5.5% bump bring me to only 17% in the red on this one.

When this breaks a dollar, I want the beers at your next tailgate to be cold and hoppy for me.  

 

[Sand]

I sold the warrants and didn't buy the stock. Trying to decide if this is the buy point.

I bought 50 more today.  

 

[SFBayDuck]

When this breaks a dollar, I want the beers at your next tailgate to be cold and hoppy for me.  

Well that'll be the case whenever you make it to the tailgate!

 

[stbugs]

I could go for a hamburger.

I’m making lasagna and garlic bread but I’ve been braving a burger. Maybe tomorrow.

 

[ericttspikes]

Thanks.  I'll have to reread as I thought it was dilutive.

There is some interesting info about the charter in the recent 10-Q out yesterday:

https://sec.report/Document/0001818874-21-000081/

Further, if the acquisition successfully closes and we do obtain a national bank charter through our ownership of Golden Pacific Bank, National Association, we will become subject to regulation, supervision and examination by the Federal Reserve as well as other federal bank regulators. Our efforts to comply with such additional regulations may require substantial time, monetary and human resource commitments. If any new regulations or interpretations of existing regulations to which we are subject impose requirements on us that are impractical or that we cannot satisfy, our financial performance, and our stock price, may be adversely affected.

Should we successfully acquire a national bank charter through our ownership of Golden Pacific Bank, National Association or otherwise, certain of our stockholders may need to comply with applicable federal banking statutes and regulations, including the Change in Bank Control Act and the Bank Holding Company Act. Specifically, stockholders holding 10.0% or more of our voting interests may be required to provide certain information and/or commitments on a confidential basis to, among other regulators, the Federal Reserve. This requirement may deter certain existing or potential stockholders from purchasing shares of our common stock, which may suppress demand for the stock and cause the price to decline.

Again, pure uneducated conjecture, but the proposed sale amounts by these large holders seem like it would get them under the 10% threshold. Might be a coincidence or maybe some know the charter is coming and don't want the requirements. I'm guessing any announcement of SOFI successfully obtaining the charter would spike the price, and having the shares loaded, and ready to sell could be a smart move if it is indeed imminent. 

On the flip side, if this charter doesn't go through, I'd assume some heavy selling pressure. Hoping for the former.

 

[2Squirrels1Nut]

The dump HAS to be coming right?

They just announced they're going to be selling popcorn so to the moon! 

 

[JB Breakfast Club]

TGT, my number one holding, reports Q3 in the morning. I'm hoping for a flat year over year quarter with big Q4 expectations. I think they are positioned well to be ahead of the supply chain issues, and I anticipate they will crush the holidays. 

 

[identikit]

Looks like  RIVN is headed down to normalcy(?) this morning

 

[beef]

Looks like  RIVN is headed down to normalcy(?) this morning

People finally noticed that their Baymax Big Hero 6 truck just isn't that cool looking.  Make it look like Terminator or Ultron and it would have a $300 billion cap.   

 

[beef]

*UWM Announces Launch Of Secondary Offering Of 50M Shares

*DJ UWM Announces Launch Of Secondary Offering And Concurrent Stock Repurchase >UWMC

UWMC trying to clean up all their convertible assets?  I know that's a big reason why some sites list a higher shares outstanding and Market Cap in the $9-10 Billion, while TD has it as 100 Million shares and a $650-700 Million cap.  Either way, this looks like a financial cluster ####.  

 

[identikit]

TGT, my number one holding, reports Q3 in the morning. I'm hoping for a flat year over year quarter with big Q4 expectations. I think they are positioned well to be ahead of the supply chain issues, and I anticipate they will crush the holidays. 

Bought a chunk this AM

Hanging on for the sleigh ride

 

[identikit]

People finally noticed that their Baymax Big Hero 6 truck just isn't that cool looking.  Make it look like Terminator or Ultron and it would have a $300 billion cap.   

Does look on the wimpy side...

 

[beef]

Heard an Industry focus podcast about $SEMR a week or so ago and added it to my watchlist. Decided to start a position today. Another company helping businesses get noticed out on the innerwebs. Lot of competition but they're customer agnostic (unlike a Google, for example.) Net revenue retention above 120%. IPO'd recently but is past most of the weird bumpy parts. I like the stock.

*Semrush Files Registration Statement For Proposed Public Offering Of 5.5M Share

Not great, but for a newer IPO'd company raising funds to grow = maybe a good time to add if it gets a little oversold on the news?    

 

[McBokonon]

*Semrush Files Registration Statement For Proposed Public Offering Of 5.5M Share

Not great, but for a newer IPO'd company raising funds to grow = maybe a good time to add if it gets a little oversold on the news?    

Must be something in the water this week with all of the secondaries. But yeah, this isn’t unusual or unexpected. 

Looks like a 10% premarket drop on 2% dilution.

 

[McBokonon]

I have no idea what $SAVA does but I’ve seen it mentioned here a lot: down 20% on news of an SEC investigation.

 

[identikit]

I have no idea what $SAVA does but I’ve seen it mentioned here a lot: down 20% on news of an SEC investigation.

Alzheimer's drug maker

 

[Desert_Power]

*UWM Announces Launch Of Secondary Offering Of 50M Shares

*DJ UWM Announces Launch Of Secondary Offering And Concurrent Stock Repurchase >UWMC

UWMC trying to clean up all their convertible assets?  I know that's a big reason why some sites list a higher shares outstanding and Market Cap in the $9-10 Billion, while TD has it as 100 Million shares and a $650-700 Million cap.  Either way, this looks like a financial cluster ####.  

So this is the actual controlling interest shrinking their stake. The 50mm shares belong to SFS and should add to the float. No extra cash to UWM. Simultaneously, UWM is using its cash on hand to purchase more equity from SFS. Doesn't seem like a big deal although it looks somewhat dilutive to public shareholders.

 

[The Commish]

Have about $50K to invest in some sort of investments.  Most of my investments (even outside my 401k) are in mutual funds because I simply don't have the time or desire to do a bunch of stock trading.  However, I do want to dabble a bit more in some of the day to day stock trading.  My retirement and my wife's retirement is accounted for at this point as well as our kids' educations (thanks apple and amazon!).  This is our rainy day fund money that I want to make some gains on more than what a <1% interest rate savings account will provide.  Where would you start?  My background is in the tech industry so I understand those businesses the best and most of my "one off" stocks are in that area.  I want to look at things for the future, possibly things that are going to be helped by this infrastructure bill.

 

[kevzilla]

This is our rainy day fund money that I want to make some gains on more than what a <1% interest rate savings account will provide.  Where would you start?

I was where you are a few months ago. I bought three shares of AMZN and called it a day. Up 6% since.

 

[beef]

Nano X Imaging Q3 EPS $(0.18) Beats $(0.28) Estimate

Nice beat for NNOX.  Too bad this lawsuit news keeps tanking it.  

 

[urbanhack]

Have about $50K to invest in some sort of investments.  Most of my investments (even outside my 401k) are in mutual funds because I simply don't have the time or desire to do a bunch of stock trading.  However, I do want to dabble a bit more in some of the day to day stock trading.  My retirement and my wife's retirement is accounted for at this point as well as our kids' educations (thanks apple and amazon!).  This is our rainy day fund money that I want to make some gains on more than what a <1% interest rate savings account will provide.  Where would you start?  My background is in the tech industry so I understand those businesses the best and most of my "one off" stocks are in that area.  I want to look at things for the future, possibly things that are going to be helped by this infrastructure bill.

Throw a chunk of it in a stable coin on a crypto exchange and earn 8 to 9% interest might be one way to slice it up and get more than 1%.

 

[The Commish]

I was where you are a few months ago. I bought three shares of AMZN and called it a day. Up 6% since.

well....I wanted to diversify a bit....made really good money several years ago on Apple and Amazon and dumped all that into 529s for the kids education.  Now I'm looking to see if I can get more diverse in stocks than I am (heavily in tech stocks, long term).  I don't think I've bought tech stock outside of Nvidia in 3-4 years.

 

[identikit]

Have about $50K to invest in some sort of investments.  Most of my investments (even outside my 401k) are in mutual funds because I simply don't have the time or desire to do a bunch of stock trading.  However, I do want to dabble a bit more in some of the day to day stock trading.  My retirement and my wife's retirement is accounted for at this point as well as our kids' educations (thanks apple and amazon!).  This is our rainy day fund money that I want to make some gains on more than what a <1% interest rate savings account will provide.  Where would you start?  My background is in the tech industry so I understand those businesses the best and most of my "one off" stocks are in that area.  I want to look at things for the future, possibly things that are going to be helped by this infrastructure bill.

Putt half of your 50k in google 6 months ago.

Up 28%

Growthy/steady

 

[The Commish]

Throw a chunk of it in a stable coin on a crypto exchange and earn 8 to 9% interest might be one way to slice it up and get more than 1%.

I know NOTHING about crypto....seems like a bunch of voodoo to me.  I'm not sure I want to learn about it either.

 

[beef]

Must be something in the water this week with all of the secondaries. But yeah, this isn’t unusual or unexpected. 

Looks like a 10% premarket drop on 2% dilution.

Pretty quick rebound for SEMR.  My premarket buy at $23 never hit.  

 

[McBokonon]

Nano X Imaging Q3 EPS $(0.18) Beats $(0.28) Estimate

Nice beat for NNOX.  Too bad this lawsuit news keeps tanking it.  

They’re getting some non-ARC revenue from their Zebra acquisition (called Nanox AI now) but I still have governance concerns while Poliakine is still around. He’ll stop being CEO in January but will still be Executive Chairman.

 

[urbanhack]

I know NOTHING about crypto....seems like a bunch of voodoo to me.  I'm not sure I want to learn about it either.

I won't babble too much here because this is stock..but you have traditionally been in tech so there some relevancy to you...IMO. You're old enough to have seen the evolution of the Internet, yes?  The original internet transitioned to web 2.0 during the 2000s with the explosion of ecommerce, transactions, social media etc. The next evolution of the web/internet is Web 3.0 which is going to be powered by crypto/blockchain. I think it's worth researching especially if you have a background in tech.    /end

 

[McBokonon]

Pretty quick rebound for SEMR.  My premarket buy at $23 never hit.  

Yeah, it’s actually green. I saw they plan on using the funds for R&D and marketing so investors must like the growthy mindset. Dunno. Glad to see the strength regardless.

 

[The General]

The dump HAS to be coming right?

It was a fun ride! Will have to jump back on later  

 

[McBokonon]

At some point I’m going to have to add some more $SE even if just to trade around my outsized position. 

 

[beef]

So this is the actual controlling interest shrinking their stake. The 50mm shares belong to SFS and should add to the float. No extra cash to UWM. Simultaneously, UWM is using its cash on hand to purchase more equity from SFS. Doesn't seem like a big deal although it looks somewhat dilutive to public shareholders.

Tempted to add since it seems a bit overreaction territory, but it's been such a turd I feel like I can wait and DCA at $5.  

 

[McBokonon]

I honestly don’t see a world where RKT and UWM are anything more than bond-type stocks. Which is fine if you need one of those.

 

[McBokonon]

Why would GHIV take off if RKT hasn’t done anything? Does the former do something much better than the latter? RKT at least has some name recognition but they’re stuck in neutral.

This is what i asked about GHIV (which is United Wholesale now, correct?) in January - sometimes gauging investor sentiment can be useful. I think these are fine companies but nobody wants them.

It's been almost a year since these posts. Nobody wants these things.

 

[Desert_Power]

I honestly don’t see a world where RKT and UWM are anything more than bond-type stocks. Which is fine if you need one of those.

RKT doesn't pay a dividend though. UWMC's dividend yield is approaching 6.5% with this mornings action and has a P/E less than .5

Just weird.

 

[McBokonon]

RKT doesn't pay a dividend though. UWMC's dividend yield is approaching 6.5% with this mornings action and has a P/E less than .5

Just weird.

Right. I think that yield is one pretty strong indication that dramatic stock price appreciation isn’t in the cards for UWMC. I’d own it for income but that’s it.

RKT needs to go ahead and institute a dividend to give people at least one reason to own it outside of WSB going after it.

 

[eoMMan]

With Rivian making news lately, the Lucid Sky car getting high praise, and Tesla being overvalued....it might be time sell some Tesla shares.

 

[Nigel]

At some point I’m going to have to add some more $SE even if just to trade around my outsized position. 

I just did. I have way too much but can't help myself, will unload some when it bounces.

 

[Steeler]

They’re getting some non-ARC revenue from their Zebra acquisition (called Nanox AI now) but I still have governance concerns while Poliakine is still around. He’ll stop being CEO in January but will still be Executive Chairman.

This is still an A/B outcome right?  If they get approval for their entire system   If not