Stock Thread (14 Viewers)

[Leeroy Jenkins]

What's in my head every time this new variant is mentioned

For me it is this

https://media.giphy.com/media/kmMcD0qwTrHSE/giphy.gif

 

[CGRdrJoe]

bldp, cool

 

[stbugs]

Oof.

Oof is right. Looked like a great day early and then whomp, nope. I haven’t been buying yet. Want to see how a few earnings go this week. 

 

[beef]

We still have the Govt. shutdown and running out of money fears coming up on Dec 3rd too.  

 

[beef]

Banking sector seems to have hit it's correction.  Of the 9 companies that make up BNKU, they're all 8% or more below their 52 week highs.  MS, GS are 11% off, C is 20% down. 

Added more BNKU at 53.50 

 

[humpback]

Salesforce with the 1-2 combo gut punch today.

 

[The General]

AAPL just continues to plow ahead. 

 

[ericttspikes]

Banking sector seems to have hit it's correction.  Of the 9 companies that make up BNKU, they're all 8% or more below their 52 week highs.  MS, GS are 11% off, C is 20% down. 

Added more BNKU at 53.50 

So banking and vaccine makers are correcting because of the fear of interest rate hikes and a new variant. Makes sense.

 

[stbugs]

Salesforce with the 1-2 combo gut punch today.

I don’t have a ton of CRM but that wasn’t fun. ZS did well and I own a lot more of that so I’ll take it. Got a few more this week so hopefully kick some of these stocks back up.

 

[pmedina]

Can someone tell me if this is good or bad news?

https://www.stonkmoon.com/news/IMGN/ecac510582c4e5f4eb86041631b17335
 

Is it different than dilution that is mentioned in other stocks or the same?

 

[2Squirrels1Nut]

Can someone tell me if this is good or bad news?

https://www.stonkmoon.com/news/IMGN/ecac510582c4e5f4eb86041631b17335
 

Is it different than dilution that is mentioned in other stocks or the same?

It's going to depend on what they set the price of the new shares at. 

 

[pmedina]

It's going to depend on what they set the price of the new shares at. 

When do they announce that?  
 

Full disclose, I work there and have options that are still under water and curious when/if they will be worth anything. 

 

[2Squirrels1Nut]

When do they announce that?  
 

Full disclose, I work there and have options that are still under water and curious when/if they will be worth anything. 

Not sure when it will be but they will announce it prior to making the shares available. 

Hope you make a fortune GB!

 

[pmedina]

Not sure when it will be but they will announce it prior to making the shares available. 

Hope you make a fortune GB!

Me too!  Left a cush academic job to try and strike it rich in the private sector. My options are my chance at my early retirement or mountain retreat . 
 

Appreciate the info. 

 

[2Squirrels1Nut]

Added to my AAPL stock pile with 500 more at $139.00

I didn't expect things to work out this well, this fast, but I love you Mapple. 

 

[pecorino]

I keep chasing ATT down, thinking this must be the bottom

Oy

I'm up to 500+ shares. Is that a lot? I'll keep buying as it keeps dropping but at some point I want a board seat.

 

[beef]

So banking and vaccine makers are correcting because of the fear of interest rate hikes and a new variant. Makes sense.

Rates going up shouldn't hurt banks though.  They get to pass it on to customers.  

 

[identikit]

I'm up to 500+ shares. Is that a lot? I'll keep buying as it keeps dropping but at some point I want a board seat.

1600

 

[ericttspikes]

Rates going up shouldn't hurt banks though.  They get to pass it on to customers.  

Yep. Was being sarcastic. Just like forever Covid should keep the money spigot on for the MRNA stocks. Weird day.

 

[2Squirrels1Nut]

Yep. Was being sarcastic. Just like forever Covid should keep the money spigot on for the MRNA stocks. Weird day.

Moderna CEO says omicron bad

 

[stbugs]

Moderna CEO says omicron bad

Markets seem to disagree, lol. This volatility is unreal. 

 

[McBokonon]

$BBW saw a large revenue increase, increased their profit margin, and declared a special dividend this morning. I guess this makes sense with more guys working from home with constant access to internet that their employer isn’t tracking. It’s also refreshing to see that more dollars are going towards real body types, instead of unrealistically skinny models that…

Wait, I’m being told $BBW is Build a Bear Workshop. Never mind.

 

[beef]

Holy mother of Matterport

 

[BassNBrew]

FLGT tanking big today.  I guess Covid went away last night.  

https://www.worldometers.info/coronavirus/#countries. Guess not.  100,000 cases in the US yesterday.

Just acquired the rest of the shares I sold at $100.  Will dollar cost down from here as needed.  Currently 7% of my portfolio.  Willing to go to 15%

 

[McBokonon]

FLGT tanking big today.  I guess Covid went away last night.  

https://www.worldometers.info/coronavirus/#countries. Guess not.  100,000 cases in the US yesterday.

Just acquired the rest of the shares I sold at $100.  Will dollar cost down from here as needed.  Currently 7% of my portfolio.  Willing to go to 15%

LA County Sherriff said he's going to stop using Fulgent tests because of "China" ties. Fulgent has invested in a Chinese firm (this was actually another reason to buy them, in my opinion) but he claims the FBI warned him in a secret meeting they may share DNA with China or something. Fulgent has, of course, denied this and I have no reason to believe the Sherriff's fever dreams (he also didn't want to enforce vaccine mandates) over Fulgent. Not wanting to enforce the mandate isn't enough for me to label him a total kook but it's a glimpse into where/how he may potentially gain and interpret information. 

 

[Desert_Power]

LA County Sherriff said he's going to stop using Fulgent tests because of "China" ties. Fulgent has invested in a Chinese firm (this was actually another reason to buy them, in my opinion) but he claims the FBI warned him in a secret meeting they may share DNA with China or something. Fulgent has, of course, denied this and I have no reason to believe the Sherriff's fever dreams (he also didn't want to enforce vaccine mandates) over Fulgent. Not wanting to enforce the mandate isn't enough for me to label him a total kook but it's a glimpse into where/how he may potentially gain and interpret information. 

We truly live in a stupid timeline  

 

[identikit]

SE down 6% today

Good time to buy more?

 

[Nigel]

I need someone to hug me and tell me everything will be ok with $SE. 

 

[McBokonon]

Everything growth is getting whacked, it’s not whatever individual ticker you’re worried about.

 

[Desert_Power]

Not that I'm really wanting more exposure to stocks the market is overcorrelating with COVID, but DOCU and CRWD both looking really beat up ahead of earnings

 

[stbugs]

Not that I'm really wanting more exposure to stocks the market is overcorrelating with COVID, but DOCU and CRWD both looking really beat up ahead of earnings

ZS had great earnings was up 5-7% all night and morning and is now down. I’m having a very underwhelming day except Amazon and my 401ks that basically track the market. 

 

[Dwayne Hoover]

Any opinions on SQ right now?   

 

[Desert_Power]

Not that I'm really wanting more exposure to stocks the market is overcorrelating with COVID, but DOCU and CRWD both looking really beat up ahead of earnings

Ended up putting some in because I like the way falling knives feel

 

[Gilroy34]

Ended up putting some in because I like the way falling knives feel

 I added 75 shares of CRWD

 

[General Malaise]

First case of Omni reported in CA.  Market puking.  ####.

 

[humpback]

First case of Omni reported in CA.  Market puking.  ####.

I love how this is somehow unexpected news.

 

[nysfl2]

Any opinions on SQ right now?   

I think it's a screaming value right now

 

[Capella]

I love how this is somehow unexpected news.

It’s sooooooooo GD stupid 

 

[BassNBrew]

Adding @Todem favorites lyb and Dow. Lyb pe now in the 4s and you get over 5% while you wait

 

[Pipes]

Buying more BROS now that is down in the $48 range and getting hammered today.

 

[BassNBrew]

It’s sooooooooo GD stupid 

 Since when is a good sale stupid?

 

[2Squirrels1Nut]

Markets seem to disagree, lol. This volatility is unreal. 

Orly

 

[BassNBrew]

Buying more BROS now that is down in the $48 range and getting hammered today.

This was the pullback I predicted and why I advised selling last month after it passed all the upside targets in GMs reports. I just took a small position with a target of $70 in the next 15 months. Hope to add more at even a better price

 

[Orange&Blue]

So if I sell VTI at a gain of $120k, I can expect to pay 15% taxes, right? What if I keep it in my brokerage account and reinvest later?

 

[humpback]

It’s sooooooooo GD stupid 

Almost as stupid as this press conference to say we don't know much about it and we'll have more data/information in a couple of weeks. So, same as yesterday....

 

[2Squirrels1Nut]

LA County Sherriff said he's going to stop using Fulgent tests because of "China" ties. Fulgent has invested in a Chinese firm (this was actually another reason to buy them, in my opinion) but he claims the FBI warned him in a secret meeting they may share DNA with China or something. Fulgent has, of course, denied this and I have no reason to believe the Sherriff's fever dreams (he also didn't want to enforce vaccine mandates) over Fulgent. Not wanting to enforce the mandate isn't enough for me to label him a total kook but it's a glimpse into where/how he may potentially gain and interpret information. 

I feel like we survived the swamping of the SS Minnow but instead of one Gilligan there's a whole squadron of them.  We're never getting off this island. 

 

[Orange&Blue]

I'm holding.  Stock market may crash, but if I go 30% cash the tax hit would be huge.  I'd rather just wait for the rebound.  I don't need the money for another 20 years anyway.

 

[Capella]

 Since when is a good sale stupid?

I mean it’s stupid that the market is up big and something we all knew was going to happen (the variant appears) and all of a sudden there’s a sell-off. I guess I don’t get the mentality. 

 

[BassNBrew]

I mean it’s stupid that the market is up big and something we all knew was going to happen (the variant appears) and all of a sudden there’s a sell-off. I guess I don’t get the mentality. 

Maybe stupid but I like adding stuff I sold at $300 for $235

 

[stbugs]

Orly

Huh? Markets still green and MRNA down almost 9%. My future love FLGT is still way down even though it would roll up another ton of money if Omniricorcrom ends up being very bad. If it’s as bad as MRNA thinks FLGT may bank roll enough to have their market cap in cash sitting on their books.