Stock Thread (8 Viewers)

[Don Hutson]

It might be a savvy move to put in a limit buy order of $5 on HGEND is case someone sells on a market order when trading becomes allowed.  With virtually zero limit orders in, it could drop a huge amount on a fairly small sell.

 

[stbugs]

Re SNOW:

Not seeing anything on TD about them participating in the IPO.  Might have to wait for it to go live, and I fully plan on buying then.  Seems like those in the know really like it, and has cult-like retail potential.

I’ve got an interest in for 100 shares and I just checked it and the price is now 100-110 instead of 75-80. There’s basically no chance I get anything.

 

[-OZ-]

I have been reading this thread for a few years and have kicked myself for not buying CYDY when it was talked about under $1.  I appreciate everyone who contributes to this thread. 

So, I usually don't post stock picks because I am not a professional, but I have an under the radar company I am invested in and I see a potential double coming and maybe even a lot more.  The company is Energy Focus Inc - EFOI ticker.  Low float and low market cap.  They are an LED light company and currently make most of their money through military/Navy contracts and previously through hospital contracts.  The stock has been climbing each quarter based on a re-invigorated leadership team, improved earnings and product lines.  The stock most recently jumped from around $5 a share to a 52-week high of $9.80 after their 2nd qtr sales of ~3 million-ish.  If you google them their website has some good presentations investors can see.

Two large developments coming up - they are debuting/releasing their first line of UV disenfection lights on 14 October.  They have been hinting at these for a few months but were waiting on patents and final design.  Additionally, their 3rd quarter results (released I think 11 Nov) is expected to be $7-8 million in sales....their highest in a few years.  This is a company that hit 100$ a share in the past after a large hospital contract.  

In full transparency, I only own about 1500 shares right now with an average of a little over $5.  I want to double that before October....I have had buy orders in around 7$ for a few weeks with no fill.  My thoughts are to sell half between 15-20$ a share and ride the other half.  If this UV tech pans out and they hit a few big contracts (I hear they have 1 in the works), this could easily hit $50 a share.  I think the downside of it dropping below $7 a share is very minimal.  As always, due your DD!

Just looking at the chart, what happened in May? This thing appears to have in the 5 digits, jumped to like $120k, then with a 1:5 split fell to $6. 

I assume that's not quite right.

 

[McBokonon]

10 days to a double (up over 30% today) - just took some off the table, basically leaving my original investment. I'll happily buy more on a pullback but I had to lock that in. Crazy run.

12% pullback in $NNOX today. 

 

[wazoo11]

I invested in SPY, VOO, and ARK on Friday.

I made up a week of loses from Apple Lol

 

[wazoo11]

Are there any companies to invest in that believe in alternative energy? (Ie climate change)

 

[beef]

DKNG going to go nuts.  Signs deal with ESPN.  Caesars in on the minajatwa too.

 

[jvdesigns2002]

DKNG going to go nuts.  Signs deal with ESPN.

And caesars 

 

[ghostguy123]

DKNG going to go nuts.  Signs deal with ESPN.

That would have been helpful just a LITTLE sooner, haha.

Nikola up even after admitting fraud.  Kinda funny.  

I would have thought ETSY would have moved with the news of the S&P, but it's barely budged the past week. 

 

[BassNBrew]

@stbugs Are you just putting in for all these IPOs?  Several a day coming through.

 

[Desert_Power]

Are there any companies to invest in that believe in alternative energy? (Ie climate change)

YLCO is an ETF that invests in several like BEP

 

[-OZ-]

YLCO is an ETF that invests in several like BEP

Will have to check it out.

With a couple sales this morning, other than my Roth IRA, I'm out of individual stocks except quite a bit in SE, 170 shares of OHI, and 25 shares of DEO. everything else is TSP or ETFs.

 

[Bob Sacamano]

DKNG going to go nuts.  Signs deal with ESPN.  Caesars in on the minajatwa too.

Guess those Jan $25s are likely to expire now.

 

[-OZ-]

YLCO is an ETF that invests in several like BEP

Why buy YLCO instead of ICLN? looking for broad exposure. I've loved having QCLN, and I'll be keeping it, but it's not a pure energy play.

 

[stbugs]

@stbugs Are you just putting in for all these IPOs?  Several a day coming through.

Not all but many. For the ones I really want in on I put a larger number of shares. 200 for SNOW and I know I’ll get 0.

 

[Bob Sacamano]

Same here. I put in for a few IPOs, that being one, but I don’t expect to get a share. I’ve got so many accounts at Fidelity, but I’m not some 8 figure client who owns a bunch of Fidelity mutual funds so no chance I get any.

They also exclude your retirement accounts from their calculation iirc. Which hurts.

 

[BassNBrew]

They also exclude your retirement accounts from their calculation iirc. Which hurts.

Dang it

 

[Desert_Power]

Why buy YLCO instead of ICLN? looking for broad exposure. I've loved having QCLN, and I'll be keeping it, but it's not a pure energy play.

That's a good point, ICLN seems more focused on solar/new technologies than YLCO which has more utility type of companies. BEP at one point was the biggest holding in YLCO and it is mostly hydroelectric.

 

[Bob Sacamano]

Fidelity’s allocation methodology and IPO system were designed to evaluate customers based on their relationship with Fidelity as defined by their Social Security number (SSN) or taxpayer identification number (TIN). Each customer who participates in an IPO offering is evaluated and ranked based on the assets and revenue they have in accounts under their SSN. Assets include all retail assets under the individual’s SSN/TIN and exclude assets or trades maintained on behalf of any divisions of Fidelity Investments Institutional Services Company, such as 401(k) or 403(b) plan assets.

Revenue is comprised of the brokerage commissions, margin interest and mutual fund revenue generated in retail accounts of the individual’s SSN. The allocation methodology is done as fairly and equitably as possible. The size of a customer’s indication of interest is not considered during allocation other than the fact that we will not allocate more than the customer requested. Therefore, you should only enter an indication of interest for the amount of shares you are interested in purchasing, as entering a larger number will not help you receive additional shares and there is always the possibility that you could be allocated everything you ask for.

 

[-OZ-]

They also exclude your retirement accounts from their calculation iirc. Which hurts.

Yikes

Dang it

Yeah, without retirement or college accounts we can't even buy a new Highlander. 

That's a good point, ICLN seems more focused on solar/new technologies than YLCO which has more utility type of companies. BEP at one point was the biggest holding in YLCO and it is mostly hydroelectric.

More of a question than a point being made, but you answered it. There's definitely something to be said for investing utilities. I'm mostly interested in the "clean" energy and new tech with these funds.

 

[stbugs]

They also exclude your retirement accounts from their calculation iirc. Which hurts.

Not all retirement, just stuff like 401ks. My IRA, which is my largest account, counts. I mean I do have a smaller 401k I’ve had open for 2+ years now but, but I’m assuming that they are only counting brokerage accounts where you can buy and sell stocks. I did transfer over stocks and cash from a joint account I have (sorry honey) to an individual account because the joint account was a cash management account. Kind of stupid because there is literally no difference. I can pay bills, but stocks, setup options and margins on both but somehow one is not OK for IPO participation.

 

[stbugs]

Not all but many. For the ones I really want in on I put a larger number of shares. 200 for SNOW and I know I’ll get 0.

By the way, did 100 in two different accounts so we’ll see if that helps. It would be nice to feel like I’ve got some small flicker of a chance. 

 

[LoadLetterPaper]

There is a snowflake stock? That was made for today's America

 

[Desert_Power]

DKNG was a very welcome pop today. Somehow I never bet enough on my winners and bet too much on my losers

 

[wazoo11]

What to expect from Apple tomorrow and their presentation?

 

[ConstruxBoy]

Think it's about the watch, right?

 

[FreeBaGeL]

Draftkings news seems big.  Lets them put links to Draftkings in articles and score boxes on the ESPN website, talk about Draftkings player values and game lines on air, etc.

I've been selling OTM covered calls on a lot of my shares for a while now and I'm worried they might get called away this time.  Thinking about buying even more.

 

[BassNBrew]

Sold off most of my SYF today.  It was back to 75% of it's ATH.  It's been a great run, but I've got to believe JPM is much more attractive at today's prices.  

 

[BassNBrew]

Can someone please talk me off of adding Tyson.  How is this not an $80 stock?  PE looks great (50% lower than their industry) and decent 2 quarter numbers provided little pop.

 

[gobrowns33]

Just looking at the chart, what happened in May? This thing appears to have in the 5 digits, jumped to like $120k, then with a 1:5 split fell to $6. 

I assume that's not quite right.

Yep, not right...they did the split and some folks reported seeing that on the chart.  The charts I look at on TDA and think or swim do not show that.

 

[Nugget]

For the TQQQ crowd, you holding, selling or buying more?

I'm in the holding pattern, maybe cut in half around 132 for 10%(ish)

I'm holding - will rebalance next month.   I think it hits $160 before $100.  

 

[McBokonon]

First analyst ratings out for $NNOX:

Cantor Fitzgerald: Overweight, PT: $70

Berenberg: Buy, PT: $65

Oppenheimer: Market Perform, no PT

I’m playing with house money on this already, next purchase will be if/when they get their first FDA approval. Again, this one is risky and will be wildly volatile but if they can do what they’re trying to do, I think it’s a game-changer. If they can’t, then 

 

[kevzilla]

UVXY starting to look sexy again

 

[McBokonon]

First analyst ratings out for $NNOX:

Cantor Fitzgerald: Overweight, PT: $70

Berenberg: Buy, PT: $65

Oppenheimer: Market Perform, no PT

I’m playing with house money on this already, next purchase will be if/when they get their first FDA approval. Again, this one is risky and will be wildly volatile but if they can do what they’re trying to do, I think it’s a game-changer. If they can’t, then 

And now Citron’s going after them.

ETA: Aaaaand my free shares just got stopped out. 

 

[CR69]

Bought some more RDS/A and BP in the wife's IRA yesterday. Still a great dividend and I like that they're focusing on renewable energy. They've got a ton of money to invest and oil profits can hold them over until the future arrives. 

Also bought some SNE and ESPO this morning. 

 

[BassNBrew]

Can someone please talk me off of adding Tyson.  How is this not an $80 stock?  PE looks great (50% lower than their industry) and decent 2 quarter numbers provided little pop.

Does anyone want to talk boring stocks.  @Todem maybe?

 

[McBokonon]

Does anyone want to talk boring stocks.  @Todem maybe?

I bought Tyson earlier in this thread but ended up selling at breakeven. They’re still on my radar because you’re right, everything screams value there. Still on my watchlist, waiting for sentiment to change or something, I dunno.

ETA: I also thought the same about CVS and it just never does anything, but TSN was moving well prior to COVID

 

[kevzilla]

Does anyone want to talk boring stocks.  @Todem maybe?

Meat-packers seem a little risky, what with being hotspots and all. I dunno.

 

[beef]

I bought Tyson earlier in this thread but ended up selling at breakeven. They’re still on my radar because you’re right, everything screams value there. Still on my watchlist, waiting for sentiment to change or something, I dunno.

ETA: I also thought the same about CVS and it just never does anything, but TSN was moving well prior to COVID

Same here, got out to put the money elsewhere.  

 

[Witz]

Still relatively new to all this. For a particular stock I received the following notification - 

XXX stockholders will be asked to consider and vote upon a proposal to approve and adopt the agreement and plan of merger by and between XXX and XXX at the special meeting, to be held on September XX, 2020. XXX is offering you the right to redeem your shares for cash. The approximate price per share is $10.16, as disclosed in the proxy statement. If you wish to exercise your redemption rights you must submit a tender instruction through your financial services firm. There is no record date for redemption and you do not have to vote in order to redeem. Note: Holders wishing to vote upon the proposals must be a record date holder of XXX common stock, the voting record date is 08/XX/2020. Warrant holders do not have voting or redemption rights. If you own XXX units, you must have the units split into the underlying common shares and warrants in order to tender the common shares. Processing of a unit split takes up to 2-3 business days.

As the price is currently at over 47 why would anyone consider this? Am I missing something?

 

[BassNBrew]

I bought Tyson earlier in this thread but ended up selling at breakeven. They’re still on my radar because you’re right, everything screams value there. Still on my watchlist, waiting for sentiment to change or something, I dunno.

ETA: I also thought the same about CVS and it just never does anything, but TSN was moving well prior to COVID

I'm just having a hard time finding something to buy that I feel comfortable with.  I guess the Covid in the packing plants is a black cloud, but they are cranking out revenue.

 

[McBokonon]

Still relatively new to all this. For a particular stock I received the following notification - 

XXX stockholders will be asked to consider and vote upon a proposal to approve and adopt the agreement and plan of merger by and between XXX and XXX at the special meeting, to be held on September XX, 2020. XXX is offering you the right to redeem your shares for cash. The approximate price per share is $10.16, as disclosed in the proxy statement. If you wish to exercise your redemption rights you must submit a tender instruction through your financial services firm. There is no record date for redemption and you do not have to vote in order to redeem. Note: Holders wishing to vote upon the proposals must be a record date holder of XXX common stock, the voting record date is 08/XX/2020. Warrant holders do not have voting or redemption rights. If you own XXX units, you must have the units split into the underlying common shares and warrants in order to tender the common shares. Processing of a unit split takes up to 2-3 business days.

As the price is currently at over 47 why would anyone consider this? Am I missing something?

Is there some reason you don’t want to mention what stock it is? That might help. In general, sometimes a firm will make a lowball bid for a company and it’ll just get rejected. You’d have to take action to sell them for 10 bucks.

 

[BassNBrew]

Looks like EVSI became BEEM  @General Malaise what's up with this?

 

[beef]

UVXY starting to look sexy again

Was kind of thinking the same as it dipped into the 19's.  Then I had to slap myself.  I didn't stay in long the last time, and don't think I'll play it again.  Not that I played TVIX a ton, but felt like I had a better understanding of how it moved.  UVXY feels like I'm wearing someone else's underwear.  

I'm going to stay on the Bull ETFs for a bit.  S&P, Naz, Russ, short run in/outs.  They've been working better for my style lately.           

 

[Witz]

Is there some reason you don’t want to mention what stock it is? That might help. In general, sometimes a firm will make a lowball bid for a company and it’ll just get rejected. You’d have to take action to sell them for 10 bucks.

No particular reason - wasn’t sure if it was allowed. It’s SHLL. 
 

 

[stbugs]

No particular reason - wasn’t sure if it was allowed. It’s SHLL. 
 

I get it on OPES and FMCI and just ignore them. I think it's common for SPACs, but no way I'd choose $10 in cash when you can sell it on the open market for a lot more.

 

[stbugs]

And now Citron’s going after them.

ETA: Aaaaand my free shares just got stopped out. 

Thinking about hopping in now that it's almost half the peak.

 

[McBokonon]

No particular reason - wasn’t sure if it was allowed. It’s SHLL. 
 

Oh ok. It’s a SPAC. They’re saying if you don’t like the merger they’ve agreed to, you can sell your shares back for 10 bucks, which is pretty standard I think, for SPACs. 

 

[McBokonon]

Thinking about hopping in now that it's almost half the peak.

Citron said there’s a part two coming, so I might wait until after that.

 

[Desert_Power]

Re SNOW:

Not seeing anything on TD about them participating in the IPO.  Might have to wait for it to go live, and I fully plan on buying then.  Seems like those in the know really like it, and has cult-like retail potential.

I’ve got an interest in for 100 shares and I just checked it and the price is now 100-110 instead of 75-80. There’s basically no chance I get anything.

Yeah, this one is going to be interesting. Everything I read is very positive on the tech but this valuation feels too high. Apparently this is much better for big data than Hadoop, which my company is only just finally moving too  

Feeling a lot of parallels with Tableau (formerly DATA) here...partially because it seems like Salesforce is investing in it too. They supposedly integrate well.