Fantasy Football - Footballguys Forums
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
Stock Thread (48 Viewers)
- Thread starter St. Louis Bob
- Start date
skycriesmary
Climbing up the Walls
Speaking of weening losers, is anyone still holding onto tankers? That opportunity turned out to be another ship full of turds.
JoeSteeler
Footballguy
skycriesmary
Climbing up the Walls
About 1k, or 2.5% of my Roth. I think I may have just been bloodied enough between this and tankers to finally learn my lesson. #famouslastwords
I’m sitting on about 10% of my portfolio. At a 20% dividend rate someone will take notice as earnings season approaches
Polish Hammer
made of glass
McBokonon
Footballguy
Texas Football
Footballguy
ex-ghost
Footballguy
sporthenry
Footballguy
I am. I'll go down with that ship. Just kidding. Although not sure who you use but the large dividends will likely make performance look worse on a pure price basis. I think my cost basis across accounts on EURN is ~$10.50. but the company has or is going to pay (already went ex-dividend on $0.81 dividend) ~$1.10 in dividends. So in reality, my cost basis is ~$9.40. Not great but not as bad as the 20% price decline would dictate.
VLCC rates have hung in around $50k/day from what I can gather which is still very good. Obviously not $100k/day but DHT's b/e after fixing certain ships was 2k/day and historically they've operated in the $30k/day range. A lot of headwinds and tailwinds at play and could be an ugly quarter in there at some point but seems with this gradual reopening, while we won't get a quarter of 100k/day storage, we also may avoid a quarter of 10k/day rates as well.
ETA: I should say, I had hoped for the irrational exuberance of retail money in tankers. I guess their market caps of $800mn were too high for them so they went for the $200mn crew. I just underestimated their stupidity. Instead of investing in companies paying out dividends and making record earnings, they elected to invest in Llama Llama. I suppose tankers are one of the few places in the market that are acting rational, unfortunate for me.
Last edited by a moderator:
ex-ghost
Footballguy
Lol. It’s been a great year so far. Up about 35% across my brokerage accounts (80% of total), not including today, compared to about -4% for S&P. I just got off a long call so haven’t looked since the bell. I only hope it keeps rolling and I know it will stop at some point.
LVGO is rolling. Glad I decided to bite the bullet around $60 instead of dicking around hoping it would drop again to $48-50.
Last edited by a moderator:
That’s crazy high. Worth sitting in them for that alone. Even if the stocks do nothing.
skycriesmary
Climbing up the Walls
Yeah, although there are rabbit turds like INSW with dividends of %1.27. Not sure why I had that in my basket, at least Fro had a massive dividend.
ghostguy123
Footballguy
TTD and FSLY are flying. My biggest mistake in all this was lightening my TTD. We discussed it earlier in the dip. It was a really big amount of my portfolio, kind of more than I was comfortable with so I sold a bunch at $234, kept 110 shares. It’s at $392 right now, SMH. I did invest most of that so not a total miss, just didn’t think it would blow up. I remember watching it hit $270 on 5/27 and I was tempted to buy more to save face and didn’t.
FSLY and ZM are definitely my best purchases. Both up 250% since November/March (2 lots) and October. Went from less than 2% of my overall portfolio to over 5%. Blows away CYDY.
FSLY and ZM are definitely my best purchases. Both up 250% since November/March (2 lots) and October. Went from less than 2% of my overall portfolio to over 5%. Blows away CYDY.
No clue. These might be special payouts due to the huge premiums they got when there was nowhere to put the extra oil.
ex-ghost
Footballguy
sporthenry
Footballguy
Meh, with all the tax issues, I'd rather they just buy back shares. I think INSW paid down ~$30mn+ in debt and bought back $10mn in shares vs $1mn in dividends so still returned to you, just not directly.
Don't Noonan
Footballguy
How awesome would it be for a stock to come out with the symbol TURD. I would buy it.
I hope so. I’m hanging in there for the phase 3 results. Imagine if they blow the doors off of that steroid and they uplist. It’s not out of the question to think it could easily double in a few sessions. I really, really hope it blows the other two away. I’m amazed those two still have some legs. FSLY is one I think long term will be really solid. ZM too, but not quite the same upside just based on market cap. Kind of like how I love Amazon but it doesn’t have the same upside. Not planning to sell it yet, but it can’t triple in half a year anymore, as far as I know.
ConstruxBoy
Kate's Daddy
FreeBaGeL
Footballguy
If they get listed and get good phase 3 results they will way, way, way more than double and in less than one session in this market.
Look at all the biotechs on the Naz that have 10-tupled in a day based on far far less good news than good phase 3 trial results.
Last edited by a moderator:
sporthenry
Footballguy
Well that is the billion dollar question. So I think those rates are 1Q annualized. DHT's TTM dividend rate is 13%. They've paid $0.67 in dividends this year and paid $0.20 in dividends all of last year. They target a 60% earnings payout so their dividends are variable so don't think of it like a megacap dividend where it stays constant or grows. These things bounce around a ton. That said, 2Q is shaping up to be their best quarters on record. So you could see a dividend that is 10%+ the current stock price. These CEOs seem like a fickle bunch and given uncertainty, I'd be surprised if they keep payouts so high. But the cash still accrues to the company. Maybe you lose some interest with a lower dividend but at these rates, the company isn't being compensated for it so might as well pay down debt and buy back shares.
As long as the revenue flows. Those rates are based on 1Q which didn't have the benefit of the increased spot rates. 2Q will be monster earnings. I read one of these companies quarterly report in detail. The pretty much had the 2Q results banked well ahead of 1Q based on bookings alone. The other interesting nugget was that more shipping capacity was going end of life than new builds in the next several years due to COVID.
The General
Footballguy
Got on the SE train a couple weeks ago. I would have never heard of this. Thanks @McBokonon and whoever else was hyping that.
More FBG magic!
More FBG magic!
Last edited by a moderator:
steelerfan1
Footballguy
Guess the goal is to atleast make what the total market is making. It doesn't look like it has done that, but again I am so new to this so dividends didn't mean much to me. Still lots to learn.McBokonon said:
-OZ-
Footballguy
-OZ-
Footballguy
steelerfan1
Footballguy
same here. saw OZ and McBokonon mention it too. crazy the jump. saw on stocktwits today someone posted an expected drop of 3-10 before the next climb and i was excited so i could grab some more, but don't look like that's happening. I hate buying something at i ATH, but there may not be too many chances to get in even at this rate...
ex-ghost
Footballguy
Regulators never thought investors would be gullible enough to buy Hertz ‘garbage,’ Harvey Pitt says
PUBLISHED TUE, JUN 16 20209:25 AM EDTUPDATED TUE, JUN 16 202010:41 AM EDT
Jesse Pound@JESSERPOUND
KEY POINTS
With Hertz filing for bankruptcy, legal issues from the company’s stock sale could focus on investment banks, Harvey Pitt said on “Squawk Box.”
“To my way of thinking, an investment banking firm runs the risk of effectively selling a litigation claim. Because at the end of the day, if this operates the way it ought to, it’s like musical chairs and someone is going to be left without a seat,” Pitt said.
“No one ever really anticipated that people would be gullible enough to” buy bankrupt stocks like Hertz, he said.
PUBLISHED TUE, JUN 16 20209:25 AM EDTUPDATED TUE, JUN 16 202010:41 AM EDT
Jesse Pound@JESSERPOUND
KEY POINTS
With Hertz filing for bankruptcy, legal issues from the company’s stock sale could focus on investment banks, Harvey Pitt said on “Squawk Box.”
“To my way of thinking, an investment banking firm runs the risk of effectively selling a litigation claim. Because at the end of the day, if this operates the way it ought to, it’s like musical chairs and someone is going to be left without a seat,” Pitt said.
“No one ever really anticipated that people would be gullible enough to” buy bankrupt stocks like Hertz, he said.
Nugget
Footballguy
Hoping to see this pop when sports opens up a bit more. Looks like a steady interest from the RH crowd as they approach 22K holders - currenty #300 on Robintrack
sporthenry
Footballguy
It depends on the sector and cash flow profile of the company. Also, are you talking market cap equity or balance sheet equity? I'd focus on market cap equity. Or a lot of folks will look at debt to enterprise value (LTV - loan to value). Anything trading at 80% plus LTV, meaning 80% of the enterprise value is tied up in the debt, is probably very risky. I'd say something like a 50% LTV (debt = market cap) is fairly good. Obviously some of the runners like TSLA and NFLX will have ridiculously low LTVs so wouldn't advise looking at it by itself.
For reference, AMC has a market cap of ~$600mn, $5bn in debt and and $300mn in cash. So it's enterprise value is $5.3bn and it's LTV (net-debt to EV) is 89% and its debt trades at $0.40 cents on the dollar.
Last edited by a moderator:
Charlie Harper
Footballguy
Charlie Harper
Footballguy
What app do you guys recommend to keep track of your stonks on your phone? I actually prefer one that allows manual inputs and doesn't need to be linked to accounts.
![[icon]](/data/avatars/m/5/5167.jpg?1660313464){kind=avatar}
[icon]
Insoxicated
needanap
Footballguy
Basically the same story they have been putting out there for the past month or so. Leronlimab is a triple threat with no adverse effects. Still very positive and upbeat which seems like a great sign because I have to think he has seen preliminary data from the ongoing trials. Also spoke about the adverse effects of steroids.
Apparently not many folks watch yahoo finance videos because not even a blip on the CYDY stock price/volume.
identikit
Footballguy
The General
Footballguy
The ATH purchase does feel like you are getting suckered but at some point you just make the plunge. I do tend to watch those a lot closer.
JoeSteeler
Footballguy
