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Stock Thread (15 Viewers)
- Thread starter St. Louis Bob
- Start date
Alien Fantasy
Footballguy
BBBY is in play. A merger/acquisition could be announced as early as tonight after the market closes.
Desert_Power
Footballguy
Definitely but probably not from that
JB Breakfast Club
Footballguy
McBokonon
Footballguy
Is plunging over 20+% in the last hour after reminding everyone they don't have enough money to pay off debts, got a default notice from Chase, and once again pretty much told everyone they'll be filing for bankruptcy.
McBokonon
Footballguy
Bob Sacamano
Footballguy
I have to think some workforce disruption from TSM building a plant in their backyard won't help.
Alien Fantasy
Footballguy
You have to look deeper. They are not going bankrupt. But according to the media, this one is a goner...LMAO. Stock investing never has been easier than it is today. Just do the opposite of the corrupt financial media and win at every turn. BTW, it would have been insider trading to pay off the RSUs and RSAs yesterday for unvested stock if this stock was actually going bankrupt. Nor would BBBY have made their 2034 and 2044 coupon payments 2 days ahead of schedule if bankruptcy was on the table.
Easy money.
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GreenNGold
Footballguy
You are getting bad info.
Capella
Footballguy
Other than that Mrs Lincoln how was the play?
Maybe he never got the memo that his boy dumped his BBBY for a huge profit months ago with the hedge fund rich kid. No more frogs with ice cream.
ETA - Honestly, I do wonder how big a bag he’s actually holding onto here. It’s beyond joking.
McBokonon
Footballguy
I like how the financial news media is corrupt for repeating the company’s own filings verbatim.
fruity pebbles
Footballguy
With so many great companies out there I just don't get why you'd invest in a company like that.
I like how today was an easy day to invest in a stock that literally went down all day.
I’d love to see a remake of Julia Roberts and Mel Gibson in Conspiracy Theory. It would be investing, Reddit and Facebook groups. Not as good a movie. It’s truly amazing that the chem trails whackos are now stock investors. David Koresh and Jim Jones would be stock pumpers.
Desert_Power
Footballguy
Seems a lot of the performance of the indexes is being driven by the epic rebound in TSLA. Congrats to the guys who got into that swing trade.
Thanks, up 52% on my buy of TSLA at $109. Selling today to take profit.
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Capella
Footballguy
Not me this time. Dammit.
Dr. Octopus
Footballguy
I took my profit at $138
McBokonon
Footballguy
It’s definitely not a bad thing.
The Man With No Name
Footballguy
It's down that far so you can buy more. (Their weight loss drug looks like a success)So a bit of uselessness for your Friday: Today's biggest loser (-40%) is NMRD. What nimrod owns this dreck?
Yes, yes, I'll see myself out.
SFBayDuck
Footballguy
So a bit of uselessness for your Friday: Today's biggest loser (-40%) is NMRD. What nimrod owns this dreck?
Yes, yes, I'll see myself out.
So a quick roundtrip from 8 days ago?
Of course.
fruity pebbles
Footballguy
If he doesn't want inflation to rebound
FreeBaGeL
Footballguy
No need to wait until then. SNAP reports AHs today and we all know how that goes.
McBokonon
Footballguy
Crap, that’s right. There goes TTD, probably.
Don't look now...
fruity pebbles
Footballguy
Like clockwork
kevzilla
Footballguy
I blew out my QS stake, down 57%. My conviction had flagged, and you need conviction to own anything right now. And with FLGT, I already have something in a deep hole that has a better chance of getting back to the surface. Might put that stump of capital into GOLD, we'll see.
Capella
Footballguy
Can they go out of business already. What the ****.
jvdesigns2002
Footballguy
Absolutely. The man is allergic to saying anything that could positively affect the markets. He’s doing his best to combat inflation through raising rates to destroy demand. If he sounds remotely positive and the market bounces—a bear market rally just creates more ”net worth”, allows people to spend more—which effectively increases demand. That’s the crappy part of this whole thing. He claims to be “data driven”—but in this case—he’s not. He’s basically forced to sound “meh”, and negative regardless of what the data shows.
Capella
Footballguy
It’s exhausting.
dancingbones
Footballguy
I'm selling a bit this morningCramer says we're in a bull market and to buy the dip. Today of all days.
Ruh roh raggy.
Desert_Power
Footballguy
Ouch. At least my big slug of 401k to hit the max goes in on Friday. Even if JPow hurts us a better price there would be good.Cramer says we're in a bull market and to buy the dip. Today of all days.
Ruh roh raggy.
dancingbones
Footballguy
Wow - BGXX - going gangbusters this AM
Currently up 233%
From TDA "news" section:
By Chris Wack
Bright Green Corp. shares were up 84% to 96 cents after the company said it plans to raise $500 million under the U.S. Citizenship and Immigration Services' EB-5 capital program.
Shares hit their 52-week low of 35 cents on Dec. 28 and are up 31% over the past three months. The stock made its trading debut on May 17 last year.
The U.S. Citizenship and Immigration Services' EB-5 Program allows eligible investors, their spouses and unmarried children under 21 years of age to apply for a permanent residence visa if they make an investment in a U.S. commercial enterprise which creates or preserves a minimum of 10 permanent full-time jobs for qualified U.S. workers.
The New Mexico cannabis company said it expects to use the capital raised from the EB-5 program to generate more than 7,100 jobs across the U.S., develop production and drug manufacturing facilities in New Mexico, and support drug research, development and FDA clinical trials.
Bright Green plans to issue common stock through private placements under the EB-5 program, at a price of $39.99 per share.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
Edit: More info from the Barron's link - sounds like an opportunity for people with means to essentially purchase a green card?
Currently up 233%
BGXX | Bright Green Corp. Stock Overview (U.S.: Nasdaq) | Barron's
Complete Bright Green Corp. stock information by Barron's. View real-time BGXX stock price and news, along with industry-best analysis.
www.barrons.com
From TDA "news" section:
Bright Green Shares Rise 84% on Plans to Raise $500M EB-5 Investment
11:13 am ET February 1, 2023 (Dow Jones) PrintBy Chris Wack
Bright Green Corp. shares were up 84% to 96 cents after the company said it plans to raise $500 million under the U.S. Citizenship and Immigration Services' EB-5 capital program.
Shares hit their 52-week low of 35 cents on Dec. 28 and are up 31% over the past three months. The stock made its trading debut on May 17 last year.
The U.S. Citizenship and Immigration Services' EB-5 Program allows eligible investors, their spouses and unmarried children under 21 years of age to apply for a permanent residence visa if they make an investment in a U.S. commercial enterprise which creates or preserves a minimum of 10 permanent full-time jobs for qualified U.S. workers.
The New Mexico cannabis company said it expects to use the capital raised from the EB-5 program to generate more than 7,100 jobs across the U.S., develop production and drug manufacturing facilities in New Mexico, and support drug research, development and FDA clinical trials.
Bright Green plans to issue common stock through private placements under the EB-5 program, at a price of $39.99 per share.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
Edit: More info from the Barron's link - sounds like an opportunity for people with means to essentially purchase a green card?
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Willy
Footballguy
It really is. I agree with the take that Powell will keep saying the same stuff. Jobs market still looks good and they seem to hate that.
SFBayDuck
Footballguy
It really is. I agree with the take that Powell will keep saying the same stuff. Jobs market still looks good and they seem to hate that.
Yup, such a weird thing in that their whole goal is really to put a few million more people out of work, and they won't stop until they've done so.
FreeBaGeL
Footballguy
It really is. I agree with the take that Powell will keep saying the same stuff. Jobs market still looks good and they seem to hate that.
Yup, such a weird thing in that their whole goal is really to put a few million more people out of work, and they won't stop until they've done so.
Capitalism doesn't work without recessions and we used policy to skip the last one so we're way overdue for a big one. The system falls apart without them. Everything just keeps getting more expensive for worse products/experiences all while our money becomes worth less.
SFBayDuck
Footballguy
He's speaking now, just started Q&A.
dancingbones
Footballguy
ChiefD
Footballguy
Whatever he said my account likes it.
