What's new
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 (35 Viewers)

McBokonon said:
I think I look at $MMM every couple months and go from "this looks like a bargain" to "is this company actually broken?" in a matter of seconds. They just don't seem to have gotten their game together since early 2018 but I still haven't deleted it from my watch list. 
Click to expand...
Ha. Missed this. Kinda the same. Just saw the alert from mine 

 
CR69 said:
Ouch for Vegas -

https://www.ktnv.com/news/coronavirus/ces-2021-going-virtual-will-not-return-to-las-vegas-next-year
Click to expand...
I wanna ask about this.

Does anyone know how much money this industry has lost in the last 3 months?  Whatever that number is, lets call it X.

When the shareholders all took their money out of Vegas, where did they put it?  When folks sold, what did they buy?  We know they didnt put X under their mattersses.  What did they invest X in?  Did it go to tech?  Is that why we are seeing growth stocks increase?  And then when the market comes back around those shareholders will sell X from tech and put it back into value?

Why I ask:  Shouldnt the short plays now be to ride that tech train?  The long play to get in on the floor of the value industries which people ran from?

 
Walking Boot said:
Let's say that this year, companies are earning absolutely $0. Even if that's the case, valuations shouldn't be down past 90% of what they were. They're still the same businesses and most should figure this out and get back on track soon enough.
Click to expand...
If they were operating at full chat the other nine years, sure. I think '21 and '22 will be grim for the casino business.

 
Added a share of Amazon at $3000 at the close.  There's got to be some hunt in this dog Wed/Thur.

 
  • Love
Reactions: JAA
Another good day for the shippers.  Actually DHT and TNK are now in the green.  Eurn is close.  Stng still down 22%.  Going to hold through earnings

 
So interesting that all 7 companies to report so far this evening have beaten estimates.  Anecdotal as I haven't looked at the actual numbers but seems like a lot of the same story the last few days as well.  Most companies beating estimates.  Seems analysts may have been estimating things a little worse than they actually were this quarter.

ETA: 9 for 9 now tonight.

 
Last edited by a moderator:
FreeBaGeL said:
So interesting that all 7 companies to report so far this evening have beaten estimates.  Anecdotal as I haven't looked at the actual numbers but seems like a lot of the same story the last few days as well.  Most companies beating estimates.  Seems analysts may have been estimating things a little worse than they actually were this quarter.
Click to expand...
My guess is that the jettisoned a bunch of liabilities* when CV hit so they can make numbers.

* - employees

 
FreeBaGeL said:
So interesting that all 7 companies to report so far this evening have beaten estimates.  Anecdotal as I haven't looked at the actual numbers but seems like a lot of the same story the last few days as well.  Most companies beating estimates.  Seems analysts may have been estimating things a little worse than they actually were this quarter.

ETA: 9 for 9 now tonight.
Click to expand...
Beating earnings is not really a big thing.  Something like 80% of S&P 500 companies do so.

It's all about forward guidance at this point.  

 
rascal said:
Maybe it’s me, but looking at djia 5 year chart, there is a lot of resistance to go above 27000.  This was not the case before the early 2020 run up to its all time highs.  As such, I wouldn’t be shocked at a dip as we are close to that again.

fwiw, I have 30 min of technical trading reading under my belt.

but I am an engineer who stayed at a holiday inn. 
Click to expand...
Great prediction.  Looks like my broken clock was right???

 
FreeBaGeL said:
So interesting that all 7 companies to report so far this evening have beaten estimates.  Anecdotal as I haven't looked at the actual numbers but seems like a lot of the same story the last few days as well.  Most companies beating estimates.  Seems analysts may have been estimating things a little worse than they actually were this quarter.

ETA: 9 for 9 now tonight.
Click to expand...
Expectations were really, really low.

 
eaganwildcats said:
Sold some covered calls for EURN STNG and DHT a few weeks ago. They might make it interesting here. 
Click to expand...
I should probably do that now after a few green days but the premiums are so low it doesn't even seem worth it to kill off any upside.

 
Last edited by a moderator:
Shula-holic said:
In exactly the same boat.  I found a good one 5 doors down from an existing rental of mine I bought just five years ago.  The sticker shock initially was a lot, but the rent increases made the numbers work.  I hesitated and didn't go the first day, already under contract before I could get out there.  Then another one got posted as "coming soon" for about $12,500 more, nice finishes, good condition, etc.  That additional $12,500 really put the math into a gray area so I held back, then the day it hit the market, also under contract.  As much as I want another rental or two so that I have a place to gain some return on my cash, it's just a dangerous market to chase right now I think.
Click to expand...
Totally agree with this.  There will be much better opportunities to buy a year or two from now.  I'm actually hoping to get a few rentals sold over the next year or two.

 
Steeler said:
Any thoughts on KODK now that Trump announced the loan?
Click to expand...
I think I should have hit that damned buy button when I saw him say it and it was sitting at around $8.50 :kicksrock:

ETA: Ended up buying a smaller chunk when it was consolidating at $11, so a little profit there if I exit now but damn.

 
Last edited by a moderator:
Anybody have thoughts on INSG (Inseego)? It just keeps coming up and I’m wondering if the universe is trying to tell me something. Earnings on August 5th. Up 12% today, lots of $15 call buying, thinking of starting a third/half position before earnings.

 
I am currently 100% invested in my brokerage and my Roth.  It feels very strange.  

These are the bulk of my holdings (PPL, XOM, PM, T).  Then some smaller amounts spread out over (CYDY, INTC, PFE, MARK).

Unfortunately a couple days ago I bought more INTC than Nikola.  I sold the Nikola this morning when it was up a couple percent.  

Shoot, I am fully invested.  Where do I go from here?  I have no more extra income to put into the brokerage since I max my 403b, HSA, and am building a deck.  

Any of those that I listed seem like a stock to trim?  Not like any have had some huge run up.

I suppose at some point I should get some dividends.  

 
Last edited by a moderator:
ghostguy123 said:
Right.  I meant to say I will have a little more to invest once I get some dividends
Click to expand...
I'm saying there is a setting somewhere for those dividends to automatically be applied to more shares of the same stock. It's the secret sauce for a lot of accidental millionaires.

 
kevzilla said:
I'm saying there is a setting somewhere for those dividends to automatically be applied to more shares of the same stock. It's the secret sauce for a lot of accidental millionaires.
Click to expand...
How do taxes work for the dividends?  Is there a difference between the automatic reinvestment and manual reinvestment?

 
guru_007 said:
Beating earnings is not really a big thing.  Something like 80% of S&P 500 companies do so.

It's all about forward guidance at this point.  
Click to expand...
Especially when folks spent the past few months telling us how one quarter doesn’t make a company. Analysts sand bagged numbers so beats are irrelevant. The biggest thing is what does the recovery look like? Tough to see a V and how quick that might be. So guidance also matters along with the depth of the downturn. I’m more curious what actual earnings declines are y/y. strip out write downs and show me what they actually made or lost. That’s the depth they have to recover. Analysts are probably using 2021 numbers for their price targets so if course they don’t care what 2Q is so they lower the bar. 
 

But let’s face it. This market is on crack. As long as the government gives it its fix, earnings are almost irrelevant. 

 
ghostguy123 said:
How do taxes work for the dividends?  Is there a difference between the automatic reinvestment and manual reinvestment?
Click to expand...
There is no tax difference between the two. As Bobby Sac pointed out, the main advantage of re-investing is gone with zero commissions on purchase. So let's say your dividend one quarter is equal to 2.5 shares of the stock. In the old days, you could re-invest that money for the 2.5 more shares for free, or get the cash and pay $5 or $10 or $15, etc on using the cash to buy the 2.5 more shares. It led investors to save that cash commission and just re-invest. 

Now that trades are free, you can do either for the same cost. Or, as he says, you can take the cash that would be 2.5 shares of the dividend stock and just buy some other stock you like. 

I personally still like to automatically re-invest because I rate dividend stocks pretty highly and if I just had the cash in my account I'd be more likely to "gamble" it on OTC biotech stocks with no revenues. 

 
McBokonon said:
Anybody have thoughts on INSG (Inseego)? It just keeps coming up and I’m wondering if the universe is trying to tell me something. Earnings on August 5th. Up 12% today, lots of $15 call buying, thinking of starting a third/half position before earnings.
Click to expand...
Up almost 9% today. 5G play but there was a good article in SA that they might crush earnings based on existing 4G due to the pandemic. Haven’t pulled the trigger but tempted.

 
FreeBaGeL said:
This #### is so rigged.

KODK volume

7/22: 56,000
7/23: 80,000
7/24: 75,000
7/27: 1,645,000
7/28: Awarded government contract for $765m
Click to expand...
While I agree this is the case, there were clues to this (I wasn't smart enough to figure them out).  Trump was at the Fuji location 2 days ago.  This was a tell that something was coming.  Obviously he's going to invest in a US company before a Tokyo company.

 
CAKE up 5.5% today.  Up 25% so I just entered a trailing stop loss.  I think it can be bought again later cheaper.  Most of these restaurant stocks don't want to get much above 50% of the 52 week high.

 
You must log in or register to reply here.

Similar threads

Andrew74
2025 FBG Stock Contest
2
Replies
77
Views
4K
Andrew74
Andrew74
Andrew74
2024 FBG Stock Contest
2 3
Replies
127
Views
8K
McBokonon
McBokonon
Joey Wright
2025-2026 NCAA College Basketball Thread
Replies
17
Views
432
gump
gump

Users who are viewing this thread

Total: 34 (members: 2, guests: 32)
Back
Top