Stock Thread (17 Viewers)

[beef]

This was way too well known. MRNA and PFE vaccines are very close in nature so not surprising at all (it was discussed last week) that both had similar results.

Sold the MRNA shares I bought last week at market open this morning.  

 

[stbugs]

In for a whooping 10 shares.  Want to get a feel for how it trades.  I'm not sold on the concept as there's so much free stuff available.  I guess they make their money on ad views.

Bought 500 (half share) while under $8. Long term hold. Been watching in the 9s and over 10, so under $8 is a nice entry point. If it goes lower then I’ll add.

Not jumping into much new right now. About 15% cash so plenty of powder and a few stocks I could trim to get that higher but kind of in a holding pattern unless some stocks drop enough.

 

[beef]

Missed my exit.  

Are you adding any NRGD?  I didn't get in, and no plans to, but I do believe there is an overreaction to bull oil right now.  

 

[Nugget]

Are you adding any NRGD?  I didn't get in, and no plans to, but I do believe there is an overreaction to bull oil right now.  

No.  Still kicking myself.  My plan this month was to invest in TNA - not short oil.  I need to stop getting cute and stop trying to time the market.  

I will still look for a better exit than this and when oil comes back down, small caps will likely as well.  

I really think TNA was going to pop on stimulus, but it could be priced in with the moves this month.  Still looking for 80 on TNA a year from now.  

 

[stbugs]

Not sure if any of you tailed me on CRNC but it’s having a real nice day. I mentioned it back in late June. I bought it a week late on the recommendation (it was high 30s and I bought at $40.05), so I actually bought more than a full share to make it like I was buying it at $38 or 39. Up 84% so far. It’s kind of in the 5G benefactors bucket, but a decent year considering the CV impact in car sales.

 

[beef]

No.  Still kicking myself.  My plan this month was to invest in TNA - not short oil.  I need to stop getting cute and stop trying to time the market.  

I will still look for a better exit than this and when oil comes back down, small caps will likely as well.  

I really think TNA was going to pop on stimulus, but it could be priced in with the moves this month.  Still looking for 80 on TNA a year from now.  

I'm really kicking myself for not jumping on TNA when it dipped below $35.  Was greedy and waiting for it to go below $30.  Going to wait and see if we get a pullback before making a move now.  

 

[General Malaise]

BEEM!!!!!

 

[BassNBrew]

BEEM!!!!!

Nice.  Congrats.

 

[stbugs]

BEEM!!!!!

I still can’t see what I am missing about them. The last quarter wasn’t impressive, their 2020 revenue looks flat from 2019 and 2019/2020 revenue are both down 15-20% from 2018. All that with a price to sales of 30. Is there some future backlog they have building?

 

[Desert_Power]

BEEM!!!!!

I still can’t see what I am missing about them. The last quarter wasn’t impressive, their 2020 revenue looks flat from 2019 and 2019/2020 revenue are both down 15-20% from 2018. All that with a price to sales of 30. Is there some future backlog they have building?

Deals like this one really show the potential for me. Seems like they could roll out this form of charging stations very quickly and beat others (TSLA) to the punch.

 

[General Malaise]

I still can’t see what I am missing about them. The last quarter wasn’t impressive, their 2020 revenue looks flat from 2019 and 2019/2020 revenue are both down 15-20% from 2018. All that with a price to sales of 30. Is there some future backlog they have building?

The deal with San Diego was a massive home run.  If they can get a few more big cities to follow, this is going to be a big winner, ESPECIALLY if they can ink a great sponsorship deal.  Barron's Online ran a story over the weekend that must have galvanized some buyers.

And, from the conf. call....CEO Desmond Wheatley continues to under promise and over deliver.  

“In America’s Finest City, we’re known for pushing the envelope on innovation, often taking the first step in implementing cleaner, greener technologies,” said San Diego Mayor Kevin L. Faulconer. “We're excited about this collaboration with local manufacturer Beam Global to strengthen the City's renewable energy options and encourage more people in other cities to do the same."

“The City of San Diego is the ideal choice to launch this unique city-wide EV charging infrastructure initiative and become the first city in the world where it is possible to drive on sunshine, guilt free, emissions free and the best free of all – free, free,” said Beam Global CEO Desmond Wheatley. “Because our products are deployed without construction or a utility bill, we are uniquely able to provide this type of sponsored EV charging network at scale and with unrivalled speed. The sponsors we seek will be enabling the first city-wide driving on sunshine experience in the world and will get the name recognition and carbon and greenhouse gas emissions offsets associated with the networks. It’s win, win, win for the corporate sponsor, the city, EV drivers, and for Beam Global. I believe we will repeat this model in many other major cities because it makes so much sense for everyone involved.”

 

[stbugs]

Deals like this one really show the potential for me. Seems like they could roll out this form of charging stations very quickly and beat others (TSLA) to the punch.

Beat TSLA to the punch? Sorry, but a company with $14M in the bank isn’t beating Tesla at anything. Tesla’s worried more about bettering batteries so the range is such that only on the longest trips you’ll need charging outside of home. If Tesla gets range up to say 500-600 miles there’s a whole lot less need for charging outside of the home. Also, can BEEM’s products support really fast charging? The article is for San Diego where BEEM’s headquarters are located as well so very likely connections, which may not exist elsewhere. It doesn’t mention the speed of charging and how many units. The picture is of their HQs parking lot.

I’m not saying to short it, just that I still don’t feel great about it. Solar EV charging means it’ll be at open parking lots so how long are people really going to park at these spots? Why wouldn’t private companies just go with say Chargepoint (used to be partners with BEEM) or something similar to put in their employee parking lots? They mention the city of New York. Where would you put these?

I like the solar idea but it seems like that limits the locations and thus the usefulness. It would seem that solar/wind/etc. farms pumping to public utilities to then charge at home or super chargers or at the company parking lot would be most efficient and provide the fast charge you’d want.

Anyway, thanks for the feedback. I wish I bought in the 10s, but if I did, I’d be very tempted to book that profit.

 

[stbugs]

The deal with San Diego was a massive home run.  If they can get a few more big cities to follow, this is going to be a big winner, ESPECIALLY if they can ink a great sponsorship deal.  Barron's Online ran a story over the weekend that must have galvanized some buyers.

And, from the conf. call....CEO Desmond Wheatley continues to under promise and over deliver.  

The Barron’s article just mentioned the stock price doing well. It will make for a pop for a micro cap, but they put a video for Chargepoint.

Also, how much of that deal was being located in San Diego? What are the actual terms and revenue? I haven’t seen any numbers and I’m a big numbers guy which brings me to the revenue which even with the latest quarter looks bad for a company with a 30 P/S. That means there’s hope for large growth and that SD deal doesn’t have any numbers to jump on.

 

[Sideshow Bob]

Beat TSLA to the punch? Sorry, but a company with $14M in the bank isn’t beating Tesla at anything. Tesla’s worried more about bettering batteries so the range is such that only on the longest trips you’ll need charging outside of home. If Tesla gets range up to say 500-600 miles there’s a whole lot less need for charging outside of the home. Also, can BEEM’s products support really fast charging? The article is for San Diego where BEEM’s headquarters are located as well so very likely connections, which may not exist elsewhere. It doesn’t mention the speed of charging and how many units. The picture is of their HQs parking lot.

I’m not saying to short it, just that I still don’t feel great about it. Solar EV charging means it’ll be at open parking lots so how long are people really going to park at these spots? Why wouldn’t private companies just go with say Chargepoint (used to be partners with BEEM) or something similar to put in their employee parking lots? They mention the city of New York. Where would you put these?

I like the solar idea but it seems like that limits the locations and thus the usefulness. It would seem that solar/wind/etc. farms pumping to public utilities to then charge at home or super chargers or at the company parking lot would be most efficient and provide the fast charge you’d want.

Anyway, thanks for the feedback. I wish I bought in the 10s, but if I did, I’d be very tempted to book that profit.

iirc, they're Level II chargers, which means 15-30 miles/hour per charge. I can see them for cities that want to pop down some low-maintenance chargers that don't require construction time, digging, etc. Or companies that want to give their employees with EVs a place to charge them during the course of the day. While I'm sure they'll continue to try to build out their tech, my concern is how long a shelf life level II chargers are going to have. Especially for Tesla owners, who are getting accustomed to charging at 10x that rate. That doesn't mean every charger needs to be there. Again, for the employee surface lot where you're parking all day long anyway, how much does it matter? But I wonder if solar is capable of getting there. 

 

[Don Hutson]

Deals like this one really show the potential for me. Seems like they could roll out this form of charging stations very quickly and beat others (TSLA) to the punch.

So all of the charging would be from panels they provide?  That is a great idea.  A big criticism of electric cars is that they use electricity from sources that are not at all green.  Being next level green will attract a ton of business.  Why go half-green when you can go the full monty?

 

[General Malaise]

The Barron’s article just mentioned the stock price doing well. It will make for a pop for a micro cap, but they put a video for Chargepoint.

Also, how much of that deal was being located in San Diego? What are the actual terms and revenue? I haven’t seen any numbers and I’m a big numbers guy which brings me to the revenue which even with the latest quarter looks bad for a company with a 30 P/S. That means there’s hope for large growth and that SD deal doesn’t have any numbers to jump on.

Definitely NOT a numbers guy, so I will be no help to you here.  Sorry.  

 

[General Malaise]

So all of the charging would be from panels they provide?  That is a great idea.  A big criticism of electric cars is that they use electricity from sources that are not at all green.  Being next level green will attract a ton of business.  Why go half-green when you can go the full monty?

Yup, that's the beautiful thing about it. Yes, charging rates aren't lightening fast, but these are mobile units that track the sun and each arc can spit out 250 miles per day in total.  Think of it as plugging your phone in at a bar/restaurant.  You're not looking to fully charge; just grab some juice while you dine.  

And there's other prototypes coming in the future - for example, they have a patent on solar powered street lamps that will have batteries stacked inside the columns.  Ideal for street parking.  Pull up, plug your car in and take what the sun provides.  And in the process, replace street lamps feeding off the grid.  

 

[stbugs]

Definitely NOT a numbers guy, so I will be no help to you here.  Sorry.  

Did they even announce any numbers or any forecast for San Diego? Was there an actual order or did SD say you can use Public property if you get someone to sponsor them? I’m genuinely interested because a solid forecast showing potential future revenue is what I’d want to see. 

 

[stbugs]

iirc, they're Level II chargers, which means 15-30 miles/hour per charge. I can see them for cities that want to pop down some low-maintenance chargers that don't require construction time, digging, etc. Or companies that want to give their employees with EVs a place to charge them during the course of the day. While I'm sure they'll continue to try to build out their tech, my concern is how long a shelf life level II chargers are going to have. Especially for Tesla owners, who are getting accustomed to charging at 10x that rate. That doesn't mean every charger needs to be there. Again, for the employee surface lot where you're parking all day long anyway, how much does it matter? But I wonder if solar is capable of getting there. 

Exactly my thoughts. Where they’d be placed and how fast they would charge is meaningful. With $14M in the bank, they aren’t creating the bleeding edge solar products. It’s a nice idea but just so much competition and a new battery innovation or new solar products at the power company make there scale/output irrelevant. Hey, ride the wave while you got it. Momentum is a powerful thing but I just don’t feel the long term tug at my wallet.

 

[General Malaise]

Did they even announce any numbers or any forecast for San Diego? Was there an actual order or did SD say you can use Public property if you get someone to sponsor them? 

That number hasn't been announced.  You're right to be skeptical and at these levels, it wouldn't make for a good entry point.  I'm holding, but trimming some is tempting.  My cost basis is $12.

I would anticipate that 50 units are deployed with subsequent to naming the corporate sponsor, but could be a much larger number.  I know that's not a great answer, but it's what I'm thinking.

 

[Desert_Power]

Beat TSLA to the punch? Sorry, but a company with $14M in the bank isn’t beating Tesla at anything. Tesla’s worried more about bettering batteries so the range is such that only on the longest trips you’ll need charging outside of home. If Tesla gets range up to say 500-600 miles there’s a whole lot less need for charging outside of the home. Also, can BEEM’s products support really fast charging? The article is for San Diego where BEEM’s headquarters are located as well so very likely connections, which may not exist elsewhere. It doesn’t mention the speed of charging and how many units. The picture is of their HQs parking lot.

I’m not saying to short it, just that I still don’t feel great about it. Solar EV charging means it’ll be at open parking lots so how long are people really going to park at these spots? Why wouldn’t private companies just go with say Chargepoint (used to be partners with BEEM) or something similar to put in their employee parking lots? They mention the city of New York. Where would you put these?

I like the solar idea but it seems like that limits the locations and thus the usefulness. It would seem that solar/wind/etc. farms pumping to public utilities to then charge at home or super chargers or at the company parking lot would be most efficient and provide the fast charge you’d want.

Anyway, thanks for the feedback. I wish I bought in the 10s, but if I did, I’d be very tempted to book that profit.

That last part was a bit tongue in cheek. It's certainly the smallest of my renewable plays  

It's small ball, but there is a lot of charging to be built out. I can see how this (and the street lamps) would appeal to local governments.

 

[FreeBaGeL]

Anyone using today to get out of RIDE?  I can get out at even today but of course now I'm tempted to see if the momentum keeps carrying it upwards.

 

[General Malaise]

That last part was a bit tongue in cheek. It's certainly the smallest of my renewable plays  

It's small ball, but there is a lot of charging to be built out. I can see how this (and the street lamps) would appeal to local governments.

From the recent press release:
 

Awarded GSA Multiple Award Schedule Contract to provide our products to the Federal Government. The Company views this contract, which allows Federal agencies to buy Beam products at pre-negotiated pricing, terms, and conditions, to be particularly important given the upcoming Biden administration and the likelihood of significant Federal stimulus and other spending on EV charging infrastructure.

 

[BassNBrew]

Dumping the DHT I picked up last Thursday for a 7% profit.  Goes ex-D tomorrow.  I'm expecting it to drop like a rock.  Wasn't expecting to get a second chance to flip this after the ride up from 4.80 to 5.60 the week prior.

 

[beef]

Anyone using today to get out of RIDE?  I can get out at even today but of course now I'm tempted to see if the momentum keeps carrying it upwards.

RIDEing it out a bit here.  

Someone is buying the #### of this.  

 

[BassNBrew]

Going to gamble and pick up some more SE.  Earnings tomorrow.  It's down 2+% today.  Actually just re-buying what I sold last week near the peak.

 

[FreeBaGeL]

Dumping the DHT I picked up last Thursday for a 7% profit.  Goes ex-D tomorrow.  I'm expecting it to drop like a rock.  Wasn't expecting to get a second chance to flip this after the ride up from 4.80 to 5.60 the week prior.

It looks like you can sell 11/20 $4 calls for $1.45.  Current stock price is $5.50.  So selling those calls would let you out at basically the same as $5.45, but you'd still collect the dividend, right?

So for each contract you get $400 (100 shares at $4/ea) + $145 (contract) + $20 (div) = $565.  Compared to just selling at $550 per 100 shares right now.

 

[beef]

RIDEing it out a bit here.  

Someone is buying the #### of this.  

Lied.  Shaved some at 22.50.  Had a limit set and didn't think it would hit today.

Still holding 180 shares and some warrants.  

 

[Nigel]

RIDEing it out a bit here.  

Someone is buying the #### of this.  

Ditto. Similar run with Fisker last week, holding that too. 

 

[Dr_Zaius]

Lied.  Shaved some at 22.50.  Had a limit set and didn't think it would hit today.

Still holding 180 shares and some warrants.  

I still have mine, but am irritated with myself for not averaging down.  Really felt it was oversold when it was in the mid-teens, but talked myself out of adding any more because I didn't want it to be too much of my portfolio.

 

[Lacey]

I’ve got more cash on the sides than I have in quite some time after selling some recent price jumps, and I know others have mentioned having a lot of cash also.  What’s the consensus here - do we expected to see some upcoming sales if we go back into lockdown?  Waiting for something else?

 

[matuski]

I’ve got more cash on the sides than I have in quite some time after selling some recent price jumps, and I know others have mentioned having a lot of cash also.  What’s the consensus here - do we expected to see some upcoming sales if we go back into lockdown?  Waiting for something else?

I am considering bailing to cash tomorrow.  Following.

 

[Sideshow Bob]

I’ve got more cash on the sides than I have in quite some time after selling some recent price jumps, and I know others have mentioned having a lot of cash also.  What’s the consensus here - do we expected to see some upcoming sales if we go back into lockdown?  Waiting for something else?

I expect there will be stimulus within the next 90 days. When that happens, all bets to the upside are off. But between now and January, who knows with the COVID numbers spiking. I don't know how there isn't some pain, but if everyone expects the same thing...

 

[FreeBaGeL]

It looks like you can sell 11/20 $4 calls for $1.45.  Current stock price is $5.50.  So selling those calls would let you out at basically the same as $5.45, but you'd still collect the dividend, right?

So for each contract you get $400 (100 shares at $4/ea) + $145 (contract) + $20 (div) = $565.  Compared to just selling at $550 per 100 shares right now.

LOL I think I found the problem with this.

Apparently whomever bought my calls clicked the early assignment button and now they're assigned tonight, before the ex-div date.

Hah.  What a jackass.

 

[TripItUp]

I currently only have four holdings and am 70% cash

BTC up 45%

DKNG up 98%

U up 33%

IPOB up 5%

Everything feels "frothy" to use the most overused term on CNBC, I may double down on BTC, just makes sense with the money printing

Hoping for another correction that will provide some obvious value plays.

 

[BassNBrew]

SE misses by a penny, raises guidance bigley. Nice discount this morning imo

 

[BassNBrew]

Amzn finally popping

 

[BassNBrew]

DHT down more than the dividend. Wish I had sold all rather than most

 

[BassNBrew]

HD crushes and is down 2%.  Concern that the growth was too much  lol

Im going to get killed on cvs with the Amazon Pharmacy announcement.  Fortunately I up 15% there in 2 weeks so I can give back 8%. Wouldn’t surprise me if Amazon offers at home vaccine for covid. 

 

[D_House]

Amzn finally popping

Amazon Launches Online Pharmacy

 

[stbugs]

SE misses by a penny, raises guidance bigley. Nice discount this morning imo

That’s not much of a discount.

 

[BassNBrew]

That’s not much of a discount.

The shares I bought an hour ago at 168.50 and 169.25 sure were. Knew that was a huge overreaction. 

 

[Don Hutson]

RLFTF is bid .47 ask .526 right now.  It is .434 chf in the Swiss market which is .477 usd.

 

[beef]

RIDE should be named CSTR (coaster) 

22... 24... 23... 22... 23... 24...  All in 10 minutes.

One of these days when it looks like real heavy action, I'm going to buy/sell on every 5% swing and just see what happens.

 

[stbugs]

RIDE should be named CSTR (coaster) 

22... 24... 23... 22... 23... 24...  All in 10 minutes.

One of these days when it looks like real heavy action, I'm going to buy/sell on every 5% swing and just see what happens.

I can’t wait until I’ve got that perfect portfolio and don’t have to look at anything. Either that or I need to get rich enough to slice off a chunk and turn it into the risky account. I have a hard enough time keeping track of everything now and then I see some of you guys flipping things daily, JFC. I think I deliberate too much. Probably good sometimes but definitely miss some opportunities as well.

 

[ChiefD]

RLFTF is bid .47 ask .526 right now.  It is .434 chf in the Swiss market which is .477 usd.

Yeah. I'm still hanging on to this one. 

 

[beef]

I can’t wait until I’ve got that perfect portfolio and don’t have to look at anything. Either that or I need to get rich enough to slice off a chunk and turn it into the risky account. I have a hard enough time keeping track of everything now and then I see some of you guys flipping things daily, JFC. I think I deliberate too much. Probably good sometimes but definitely miss some opportunities as well.

Some of it is just boredom for me and needing some excitement to fill out my workday.  But I'm no Bass, and play far fewer stocks in my brokerage (day trading) account. 

 

[stbugs]

Yeah. I'm still hanging on to this one. 

I lost a small amount on it. Got in way too late and sold at .63. Was good enough to not be down much and didn’t feel like staying in it. Probably lost more on commissions!

 

[Polish Hammer]

I was one of the guys pushing RIDE back when it was just the SPAC - admit I got nervous when it dropped recently but the guy that had sold me on it told me to keep the faith. Hell, wish I had bought a little more in at the time. I'll trim a lot of my cost out when it touches $30 again, but I do feel (as does he and his investing group) that this can easily climb above it given time. 

 

[stbugs]

Some of it is just boredom for me and needing some excitement to fill out my workday.  But I'm no Bass, and play far fewer stocks in my brokerage (day trading) account. 

Yeah, I think I’ll be more active when I retire, but segment the active trading to a small portion. Hoping I can get there in 5-10 years. Would still be a wait for SS and Medicare so I’ll let my wife keep working. My goal is to jam pack the 401k as long as we can and get to a point where I can make my salary in stocks every year before real retirement age and let her be my sugar momma. I still work sort of hard but I’m so ####### tired of it at this point. Not fun and been working for 30+ years going back to summers between school. Lucky to not have any interruptions for me but more than happy to tail her! I definitely have more fun doing this than working.