You have to register as a day trader if you make more than five round trip trades in a set period of time. A round trip trade is one where you buy and sell on the same day. That is my understanding of it.
Fantasy Football - Footballguys Forums
Welcome to Our Forums. Once you've registered and logged in, you're primed to talk football, among other topics, with the sharpest and most experienced fantasy players on the internet.
Stock Thread (19 Viewers)
- Thread starter St. Louis Bob
- Start date
-OZ-
Footballguy
I don't think so. We're just stretching things out imo. Which is best for the hospitals, but people won't stop getting infected for a while.
The whole state of Alabama is going virtual / remote for the rest of the year. Which works fine for our district, in an engineer / tech hub, but most parts of the state aren't as capable.
Todem
Footballguy
I am looking for 100% plus gains. So I have a $13 price target. Once it get’s there we start doing 10% trailing stop losses till the ride ends.
Big League Chew
Footballguy
The Ref
Footballguy
McBokonon
Footballguy
IRA so can’t do margin. Just locking up some. I have more for buying days but I’m more cautious on airlines/cruises/hotels etc.
ghostguy123
Footballguy
So how bloody do you guys expect monday to be?
The Ref
Footballguy
Random
Footballguy
ghostguy123
Footballguy
So now CYDY gonna keep blowing up?
Jefferson the Caregiver
Rebel Without A Pause
Once companies realize they don't need to be paying high city rents and that this work from home thing is just as productive, gotta imagine commercial real estate starts taking a hit. I'm sure this is a year or two out before we start really seeing the effects of it but anyone know any good companies that specialize in these type of properties that I can research? Unfortunately Wework is not an option to bet against but I'd be all in there.
dkp993
Footballguy
Zegras11
Footballguy
Another restaurant to watch is CAKE. Cheesecake Factory.
Their last quarterly was very positive.
52 wk hi is 51.15. now at 16.18.
My daughter runs the BOH (deposits, food ordering, HR, etc) at the Boise store. Before the virus hit, they had 97 grub hub orders for $7k on a Saturday. They are still doing a solid take out/pick up biz right now to keep the cooks employed.
Low for year is $14.52. If it hits $12, I'm buying.
Their last quarterly was very positive.
52 wk hi is 51.15. now at 16.18.
My daughter runs the BOH (deposits, food ordering, HR, etc) at the Boise store. Before the virus hit, they had 97 grub hub orders for $7k on a Saturday. They are still doing a solid take out/pick up biz right now to keep the cooks employed.
Low for year is $14.52. If it hits $12, I'm buying.
fantasycurse42
Footballguy Jr.
Aren’t they not capable of paying their rent right now?
ETA: https://www.cnn.com/2020/03/26/business/cheesecake-factory-april-rent-coronavirus/index.html
Last edited by a moderator:
Capella
Footballguy
Yes they told their landlords to piss off. Not sure I’d want to be on that one.
Zegras11
Footballguy
I think they saw an opportunity to not pay it. At least that's the way I interrupted it. They had net income of $48.71mil in 2019. $20k/mo rent is only $4.4mil. $20k is an estimate by me.
Sand
Footballguy
Negotiating tactic with their landlord, IMO. This is why REITs have been absolutely nosediving.
Other companies have been invoking force majeure clauses to stop paying rents.
Zegras11
Footballguy
They are capable of paying it.
Really good article here on them:
https://seekingalpha.com/article/4334410-retail-reits-quake-cheesecake-factory-goes-on-strike
Zegras11
Footballguy
This is the way I took it also. They are incredibly strong tenants in most leases for 20 years with escalation clauses.
matuski
Footballguy
The General
Footballguy
Penguin
Footballguy
chet
Footballguy
It's well documented that my company is a close partner of CYDY. Our CEO believes he discovered the mechanism of action for COVID-19 and he also designed the treatment protocol that apparently had success treating the patients with the most severe cases. He identified CYDY's drug as being capable of treating COVID-19 victims.
ETA: i am on the board and actively aid the CEO but I am not the owner of the company.
Last edited by a moderator:
Harris
Footballguy
Definitely a negotiating tactic. I am on the portfolio management team of large, open-end private equity real estate fund and many of our discussions lately have been surrounding rental holidays for retail tenants.
My fund is in Europe so slightly different results as governments here treat tenants differently but same concept. I'm willing to bet that tenants will see rent holidays now in exchange for the same amount of months tacked on to the end of a lease term.
Zegras11
Footballguy
This is what Imagined would happen.
I have a decent amount of rentals that have a HUD loan. The paperwork we hate with a passion. Our yearly audit is an insane amount of work that we finally had in on time 3/23. But I do like the fact that I'll be protected.
Our loan servicer sent this yesterday.... The next two weeks are going to be interesting for sure with all the rents due.
Foreclosure Moratorium and the Right to Request Forbearance
The CARES Act provides that a borrower with a federally-backed mortgage loan may request forbearance, regardless of delinquency status and without penalties, fees, or interest, by submitting a request to the borrower’s servicer and affirming financial hardship due to COVID-19. A forbearance must be granted for up to 180 days and extended for an additional period of up to 180 days at the request of the borrower, though the initial or extended forbearance may be shortened. Servicers must notify the borrower in writing of their right to request forbearance throughout the period of a national emergency. Multifamily borrowers with a federally-backed multifamily mortgage loan that was current on February 1, 2020 may also request a forbearance for up to 30 days, with two additional 30-day extensions.
The CARES Act also prohibits the servicer of a federally-backed mortgage loan, except for a vacant or abandoned property, to initiate any foreclosure process, move for a foreclosure judgment or order of sale, or execute a foreclosure-related eviction or foreclosure sale for at least 60 days beginning on March 18, 2020.
Eviction Protection
The CARES Act prevents landlords from bringing legal causes of action to recover possession from tenant for nonpayment or rent or other fees or charges for 120 days if the dwelling is a property insured, guaranteed, supplemented, protected, or assisted in any way by the US Department of Housing and Urban Development (HUD), Fannie Mae, Freddie Mac, the rural housing voucher program, or the Violence Against Women Act of 1994.
Last edited by a moderator:
Binky The Doormat
Footballguy
getz - I'm not smart enough to understand the impact of this, it sounds like landlords can apply to not pay their monthly note? Is that right?
Is there any impact to your tenants? I don't know about HUD other than it is a lot of paperwork, but thought that the landlord received payments from the government. Is there any danger of not getting HUD rent payments?
matuski
Footballguy
Zegras11
Footballguy
It's a HUD backed loan. It's the same as any loan, the tenants pay their rent. You might be thinking Section 8 housing and we are not a part of that.
So the tenant must prove that the virus was the reason they can't pay rent to get govt help. People just can't stop paying rent. If we get tenants that prove the virus was the reason for no rent payment, then we can apply for relief in the same amount. Not 100% sure exactly how that works. Hoping it's not a huge problem.
fantasycurse42
Footballguy Jr.
Last edited by a moderator:
fantasycurse42
Footballguy Jr.
CHET CHET CHET CHET CHET!!!!!!!!!!!
fantasycurse42
Footballguy Jr.
Harris
Footballguy
Feels like I should have bought more than 5k shares.... Anyone want to guess some price targets for this if it pans out?
ghostguy123
Footballguy
No ####. I have 10k shares and I am kind of the middle of feeling like maybe this is the start and wishing I had more. It’s too bad I didn’t get in until around $1 but it’s hard to invest more in a really risky stock. We’ll see how it goes but this is certainly good news not just for us but damn if this wouldn’t be great news for the world.
The OTC part of it makes it hard to know because most online services are behind. I will definitely be interested and may use some of my cash on it to build up some more. Let’s put it this way when these biotech companies do well it isn’t just a one day pop. Just because we are talking about it doesn’t mean this is well known. Even if there’s a bit of a pop, it could still be just the start of a run.
I will say that this is still a very risky stock so even though I’ll enjoy any run up we get, just be careful.
dkp993
Footballguy
-OZ-
Footballguy
Was thinking the same.
I do have SBIO, but even if it did hold some shares it would be less than 3% of that ETF.
-OZ-
Footballguy
Question for those who dabble in trading but don't put all their money on the line. How much of your portfolio do you actively trade?
I'm pretty sure I'm going with:
TSP, 60% of our accounts - leave alone, barely look at
Wife's Roth IRA, 25% of our accounts - she has a few individual stocks but 80% following the Paul Merriman ultimate portfolio.
My Roth IRA, 10% of our accounts, longer term build on companies or sectors I like.
Regular brokerage, 5% - play money.
(I'm not including the college accounts, which are conservatively invested and just a bit more than my Roth)
I'm pretty sure I'm going with:
TSP, 60% of our accounts - leave alone, barely look at
Wife's Roth IRA, 25% of our accounts - she has a few individual stocks but 80% following the Paul Merriman ultimate portfolio.
My Roth IRA, 10% of our accounts, longer term build on companies or sectors I like.
Regular brokerage, 5% - play money.
(I'm not including the college accounts, which are conservatively invested and just a bit more than my Roth)
Last edited by a moderator:
ghostguy123
Footballguy
dkp993
Footballguy
The answer is maybe, it will only buy at that price if it opens at that price or hits that price within the time frame you set.
McBokonon
Footballguy
No. You're going to need to set a limit price for whatever you want to buy it at and hope it fills. If you're up in time, you can try to trade in the early market but that's still using limit prices.
Jefferson the Caregiver
Rebel Without A Pause
Never mind the growing unemployment numbers but has it been factored in all the people that are going to have to take pay cuts over the next month too. Not that I haven't been surprised before but having trouble seeing how the market holds up over the next few weeks.
People are going to be cutting contributions to have a little more in their paycheck and others liquidating more to have cash on hand.
This has really been priced in already?
Predicting new lows within 10 days.
People are going to be cutting contributions to have a little more in their paycheck and others liquidating more to have cash on hand.
This has really been priced in already?
Predicting new lows within 10 days.
Jefferson the Caregiver
Rebel Without A Pause
I'm actively trading around 5-7% of my portfolio. Think that's a reasonable number but I'm far from an expert. I am fairly aggressive with some of my trades though, buying options.-OZ- said:
Jefferson the Caregiver
Rebel Without A Pause
Its easy to say this, I wouldn't think twice about it. This may pan out and Chet may be the man but you are taking advice on an OTC stock on a fantasy football message board. The thought sounds insane to begin with.dkp993 said:
Jefferson the Caregiver
Rebel Without A Pause
The point is that its still a big gamble and while a lot of us are not risk averse, you can't be kicking yourself if you have played it conservative. Definitely positive news though so that's great.
fantasycurse42
Footballguy Jr.
My average is almost half of that and I hate myself.dkp993 said:
So we all basically have 5k shares?
If it did pan out, we're talking a price target that easily makes our 5k shares worth 6 figures, imo. Plus the other stuff, you know, the stuff we supposedly bought it for like HIV and Breast Cancer treatments.
Last edited by a moderator:
fantasycurse42
Footballguy Jr.
Rocket ship until this is debunked (which hopefully it won’t be), which brings it back to $1.
