Stock Thread (19 Viewers)

[stbugs]

CYDY being OTC doesn’t have much post market moves. Even the German stock price was sometimes muted on bigger US days.

Anything else from the conference call besides the article posted which is good since the trial is full, but the “real” news is still 2-3 weeks away. Just wondering if the listing got more detailed or anything else.

 

[cosjobs]

So how much farther do we think this runs down?

SP < 2850. At least

 

[cubd8]

I bought 8 shares of BA, 8 of DIS, 5 of Goldman, 8 of Starbucks today. May further dip tomorrow if the bleeding continues.

 

[-OZ-]

Feds to the rescue https://www.cbsnews.com/amp/news/second-stimulus-check-how-much/#app

This part got me excited: Under the new legislation each member of a household would receive $1,200, including children.

But then it's capped at $6,000 

 

[Sand]

Couple notes from today:

- CYDY is the new gold.  I swear every massive down day CYDY is up.  Ridiculous (in a good way)

- I actually picked up PPL right near the daily lows.  That NEVER happens.  I probably put the gris-gris on this ticker - sorry about that.

 

[Bossman]

I've got 1500 shares of CYDY at a cost basis of about $3.50. That's dragged everything else down substantially. I think I take the loser cup.

Have I told you about selling NERV puts? .....(drops mic)

 

[-OZ-]

What kind of future profits do you see them pulling in if we stay at 0% interest for two years?

It's not like they're loaning the money out at 0%

 

[CGRdrJoe]

Have I told you about selling NERV puts? .....(drops mic)

Hey but one guy did it backwards and actually made money.

 

[cosjobs]

It's not like they're loaning the money out at 0%

Not sure Boeing is loaning money to anyone. I misread as Bank of America.

But tbh, I have Boeing almost as much as the banks.

 

[cosjobs]

@cosjobs You think TVIX has any gas left for tomorrow?

Yes. Unsure if we see 900 again, but I'll have a slice gunning for it.

 

[caustic]

Feds to the rescue https://www.cbsnews.com/amp/news/second-stimulus-check-how-much/#app

This part got me excited: Under the new legislation each member of a household would receive $1,200, including children.

But then it's capped at $6,000 

HEROES will never be voted on in the senate, IMO. I'd wait until the WH releases its own plan.

 

[cubd8]

I now own:

45 shares of BA

45 shares of DIS

10 shares of Goldman

10 shares of Starbucks

25 shares of Target

25 shares of Uber

73 shares of United

2 shares of Good Year

1 share of Google

4 shares of Shift4 Payments

 

[-OZ-]

HEROES will never be voted on in the senate, IMO. I'd wait until the WH releases its own plan.

You could be right.

But it seems like they will do something.

 

[McBokonon]

Of course I get paid on the 10th.....not the 11th for my 401K contribution....LMFAO. Is what it is.

Same 

 

[-OZ-]

I now own:

45 shares of BA

45 shares of DIS

10 shares of Goldman

10 shares of Starbucks

25 shares of Target

25 shares of Uber

73 shares of United

2 shares of Good Year

1 share of Google

4 shares of Shift4 Payments

We need to start a 12 days of COVID thread, 

On the 12th day of COVID, todem gave to me, 12 shares of CYDY, 11 shares of BLMN, 10 shares of DFS...

 

[Steeler]

Same 

I get paid on the 15th so we'll be at new highs by then

 

[sporthenry]

While I just got down saying this sell-off likely wasn't due to the Coronavirus, I don't think it can't necessarily throw some more fire on this sell-off. While we won't completely close down as a country, doesn't mean there won't be local closures. Didn't expect them this quickly. 

Houston Area 'Getting Close' to Reimposing Stay-at-Home Order - Bloomberg

https://news.bloomberglaw.com/health-law-and-business/houston-may-reopen-virus-hospital-at-stadium-as-cases-expand

 

[McBokonon]

Sitting at about 45% cash after selling off ATVI and CRM yesterday. Added a little to JPM and TSN. Still think we need to get slapped down a little more because my watch list still looks expensive. I’m down to only 7 what I would call core holdings that I trade other stocks around or add to on dips (JPM, AAPL, SE, ABT, MSFT, V, PEP). TSN I’m about 50% in before it becomes a core holding. Wouldn’t mind a second losing day for CRM to get back into it. 
 

Started CRM again, probably going to stop trading it and just own it and build my position. About 38% cash now.

 

[BassNBrew]

LOL...I made 69 trades today.

 

[Sand]

Of course I get paid on the 10th.....not the 11th for my 401K contribution....LMFAO. Is what it is.

I get paid on every other Thursday.  

Oh, wait, it was LAST Thursday. 

 

[humpback]

You see.....value is there. You just gotta dig for it. 

It also shows you how apocalyptic March 16th-23rd was. We are simply not going back there. That was your once in a decade shot folks. 

Get used to this range. 23,500 - 27,000 13-14% range bound market in my opinion as we listen to the talking heads on all the various news media outlets. 

Block out all the noise. Keep your head down, find great companies and profit long term. 

This is a fear sell off....pure fear again.

Straight fear and panic selling today folks.  Reminds me so much of March.  Buying today for folks with cash that we have been waiting to deploy.

You guys say this as if there is nothing to be fearful of. I mean, there's some pretty scary, unprecedented stuff going on out there...

In any event, that's pretty much all the market has to go on these days, fear and greed- to make plays in this environment you're essentially guessing which is going to win out over your time frame.

 

[Slapdash]

Couple notes from today:

- CYDY is the new gold.  I swear every massive down day CYDY is up.  Ridiculous (in a good way)

- I actually picked up PPL right near the daily lows.  That NEVER happens.  I probably put the gris-gris on this ticker - sorry about that.

Yeah. It's often either the only red or only green in my watchlist  

 

[stbugs]

You guys say this as if there is nothing to be fearful of. I mean, there's some pretty scary, unprecedented stuff going on out there...

In any event, that's pretty much all the market has to go on these days, fear and greed- to make plays in this environment you're essentially guessing which is going to win out over your time frame.

You’ve been completely missing for a long time (read, market went up a lot) and now all of a sudden you’re back trying to act like you knew this was happening. Either actually contribute to the discussion or stay in the shadows. We all know the risks and what could happen up or down. None of us know the future, not even you but you’ve contributed nothing just keep coming back on down days to post.

This is the stock thread. Throw out some actual info. What are you buying or selling? What actual news can you add? Heck, even an opinion is fine if there’s something more to it than the posts you make. You say you are in the business and yet I don’t recall a single useful post, just arguing that thins can get scary. Hello, McFly, we were all posting in March.

 

[Bob Sacamano]

CYDY being OTC doesn’t have much post market moves. Even the German stock price was sometimes muted on bigger US days.

Anything else from the conference call besides the article posted which is good since the trial is full, but the “real” news is still 2-3 weeks away. Just wondering if the listing got more detailed or anything else.

I've tried accessing the replay and keep getting, "The access code provided is not valid."  It's the one listed on their website for the replay. 

 

[McBokonon]

You’ve been completely missing for a long time (read, market went up a lot) and now all of a sudden you’re back trying to act like you knew this was happening. Either actually contribute to the discussion or stay in the shadows. We all know the risks and what could happen up or down. None of us know the future, not even you but you’ve contributed nothing just keep coming back on down days to post.

This is the stock thread. Throw out some actual info. What are you buying or selling? What actual news can you add? Heck, even an opinion is fine if there’s something more to it than the posts you make. You say you are in the business and yet I don’t recall a single useful post, just arguing that thins can get scary. Hello, McFly, we were all posting in March.

He also tells us most people are too dumb to do this on their own and they should just use index funds and GTFO.

 

[Bob Sacamano]

I've tried accessing the replay and keep getting, "The access code provided is not valid."  It's the one listed on their website for the replay. 

A summary:

https://investorshangout.com/post/view?id=5793730

 

[⚡DEADHEAD⚡]

I've tried accessing the replay and keep getting, "The access code provided is not valid."  It's the one listed on their website for the replay. 

Off memory:

• Nader started with two anecdotes from same doctor in Georgia, a dude that get his degree in the Caribbean. Not inspiring, and not scientific data.
  
• CYDY has potential to produce more than a million vials of Lir next year if there's a COVID application, and if it sold it all, that'd be in the neighborhood of $2.5 billion. Following year would be more than double that.
  
• Uplisting is a six week process at least, and it's started but many hurdles remain. Seems it's either NASDAQ or New York American (old AMEX?) if listing happens.
  
• Prouhassan is too much of a cheerleader for my liking. Everything is excellent, amazing, incredible. 
  
• Company is hiring some sort of commercial officer; looks like a consultant will fill that role to start.
  
• Seemingly very good questions from the peanut gallery. Some discussion of warrants, which I missed. 
  

Other details for sure. Don't hold me to the numbers. I thought it was a good call but hard to imagine an 18 person company getting uplisted any time soon.

 

[stbugs]

He also tells us most people are too dumb to do this on their own and they should just use index funds and GTFO.

I don’t care if someone is a complete bear or doesn’t have a real job and just trades. Yes, @BassNBrew, I’m talking about you. It’s just annoying when an I told you so posts only when things fit them and never, ever contributes a single thing. There’s no chance he’s in the financial field and can’t articulate one thing. Even guys who do super technical analysis have tried to explain things. Oh well, it’s obviously not me but this is my favorite thread and hopefully will continue to be here years from now so I am ready for the next big crisis and I’ll be retired so I can make 70 trades in a day. 

 

[Steeler]

and I’ll be retired so I can make 70 trades in a day. 

 

[ghostguy123]

The beer stocks BUD and TAP both look like they have slid down for the past 4-5 years.  

TAP, I realize it is almost near its 52 week minimum, but why is this a good stock to go after when it was falling consistently for a half decade along with BUD before COVID was a thing?

 

[McBokonon]

The beer stocks BUD and TAP both look like they have slid down for the past 4-5 years.  

TAP, I realize it is almost never its 52 week minimum, but why is this a good stock to go after when it was falling consistently for a half decade along with BUD before COVID was a thing?

I was actually thinking the same thing. Doesn't look like it's done anything in forever. I felt the same about PFE, too, but I can see that one for income portfolios. 

 

[stbugs]

The beer stocks BUD and TAP both look like they have slid down for the past 4-5 years.  

TAP, I realize it is almost near its 52 week minimum, but why is this a good stock to go after when it was falling consistently for a half decade along with BUD before COVID was a thing?

I’ll be honest that that’s the reason you haven’t seen me pop in that I purchased some of these airlines or restaurants or hotels or BUD. Yes, there was value there but there was also a lot of value in other companies with potential moonshots. I already owned some FSLY at $19 back in November, I think, and bought more on 3/16 it was just above $11. It’s been in the high 40s up and down this week. One of my best returns this year, but you know why I like it? Because I think it could do a lot more over the next 3-5 years.

If I had time to day trade then I’d think about more stuff but it’s hard enough to read the stuff in here and post. Trying to find the time to research a purchase while it’s moving all over the place is impossible while working. Outside of @chet getting me in on CYDY, my purchases have all been from research. I’ve passed over way too many great buys but that’s also based on knowing now that March was the bottom or picking ZM over TDOC (actually a good call) instead of buying both.

It’s good that you are asking a question like this because you should. You aren’t betting on BUD, you are betting that it will get swept up in a wave and go up more because it got beat down.

 

[stbugs]

A summary:

https://investorshangout.com/post/view?id=5793730

Thanks. Actually looks like a lot of good news. Now in today’s daily rocket ship will people be able to wait a few weeks for more concrete results? Also, if those sales numbers actually come to fruition, you are talking about $30+ a share. Lots of risk still, obviously, but some serious upside for those of us who got in at $1 or others who got in at a crazy $0.30. 

 

[beef]

The beer stocks BUD and TAP both look like they have slid down for the past 4-5 years.  

TAP, I realize it is almost near its 52 week minimum, but why is this a good stock to go after when it was falling consistently for a half decade along with BUD before COVID was a thing?

What I like about TAP is more short-term.  Since late March it's been above 45 a lot more than it's been below 35.  I'm in it just for the short run.

 

[stbugs]

Not retired yet! Still have 10-15 years unless something magical happens like CYDY hitting $30. Just looking forward to not working and having the ability to trade 70 times in a day. Dear lord that just hurts thinking about it. Might as well be a job.

 

[sporthenry]

@AdamMancini4 (24m)

Undercut the 200dma and then closed right above it in that 3010-3020 zone on #ES_F June. We'll see if bulls can defend this very important area now. Tommorow's candle will be key

When I say tomorrow is important, I'm captain obvious but when Mancini says it, people listen. Just kidding but in all seriousness, market seems to be at an important level ahead of opex next week (Triple witching) where as someone posted yesterday, this Junes is 15% larger than a normal Mar/Jun/Sep quarterly expiration. Wouldn't be surprised if today's move was partially attributed to people getting ahead of this and rolling over contracts. So that could soften the blow next week. But again, I think waiting here isn't the worst play. See if bulls regain the channel. Maybe you miss out on 2-3%, but you're possibly avoiding another 10-15% downside. Elevator down, steps up. 

 

[BassNBrew]

The beer stocks BUD and TAP both look like they have slid down for the past 4-5 years.  

TAP, I realize it is almost near its 52 week minimum, but why is this a good stock to go after when it was falling consistently for a half decade along with BUD before COVID was a thing?

I've been working under the assumption that the market had these stocks priced correctly relative to their peers at the beginning of the year.  If Bud was a an $80 stock, then even if it's a declining stock by 10%, it would be priced at $72.  It's currently at $49 which is a 32% discount.  The DOW is down 18% from it's peak.  That says value to me.  I'll be content to ride it to $60 and sell for a 20% profit.  I'm also nibbling here in case we retest lows in the lower 40s.

 

[BassNBrew]

Not retired yet! Still have 10-15 years unless something magical happens like CYDY hitting $30. Just looking forward to not working and having the ability to trade 70 times in a day. Dear lord that just hurts thinking about it. Might as well be a job.

It's really not that hard.  Just a quick look at my board and look for stocks up/down more than the market or up/down more than the others in their sector.  3 clicks and entry of one number.  Half the time on on the phone while doing this.

 

[Steeler]

Not retired yet! Still have 10-15 years unless something magical happens like CYDY hitting $30. Just looking forward to not working and having the ability to trade 70 times in a day. Dear lord that just hurts thinking about it. Might as well be a job.

I know.  I'm looking forward to being retired (similar time frame) and trading 70 times a day too

 

[Slapdash]

He also tells us most people are too dumb to do this on their own and they should just use index funds and GTFO.

I mean, that is generally good advice.

 

[McBokonon]

I mean, that is generally good advice.

Sure. But maybe after every 5 times posting it, offer something else just to keep things spicy

 

[google]

I've tried accessing the replay and keep getting, "The access code provided is not valid."  It's the one listed on their website for the replay. 

Call replay is now available:

A replay of the conference call will be available until July 11, 2020. To access the replay, interested parties may dial 877-660-6853 (US) / 201-612-7415 (international) and enter conference identification number 13705221.

 

[Slapdash]

Call replay is now available:

A replay of the conference call will be available until July 11, 2020. To access the replay, interested parties may dial 877-660-6853 (US) / 201-612-7415 (international) and enter conference identification number 13705221.

 

 

[sporthenry]

Also HTZ is attempting perhaps the craziest thing I've ever seen. Attempting to employ an ATM in bankruptcy so they can issue equity (https://twitter.com/TESLAcharts/status/1271205620482478081)

From the filing - "the Debtors now seek emergency relief from this Court to allow the Debtors to capture the potential value of unissued Hertz shares for the benefit of the Debtors’ estates...Moreover, the stock issuance would carry no repayment obligations, and the Debtors would not pay any interest or fees to those who provide the funding by buying shares"

If this is allowed, this is essentially fraud. Selling knowingly worthless shares. But I've lost sympathy for RH investors since they think they're smarter than everyone else. I got stopped out of my HTZ trade so no real skin in the game but this is awesome and ridiculous at the same time. 

 

[needanap]

Call replay is now available:

A replay of the conference call will be available until July 11, 2020. To access the replay, interested parties may dial 877-660-6853 (US) / 201-612-7415 (international) and enter conference identification number 13705221.

Did any Chet questions get asked?

 

[FreeBaGeL]

I hope we bounce back tomorrow but I saw this comment over on WSB.  Obviously WSB not worth much but it kind of made sense.

New covid case ATH today, talk of re-locking down some places.

AZ hospitals out of ICE beds already.

You want to hold over the weekend?

I don't.

On the flipside.  Very very early futures are good so maybe something.

 

[The General]

Off memory:

• Nader started with two anecdotes from same doctor in Georgia, a dude that get his degree in the Caribbean. Not inspiring, and not scientific data.
  
• CYDY has potential to produce more than a million vials of Lir next year if there's a COVID application, and if it sold it all, that'd be in the neighborhood of $2.5 billion. Following year would be more than double that.
  
• Uplisting is a six week process at least, and it's started but many hurdles remain. Seems it's either NASDAQ or New York American (old AMEX?) if listing happens.
  
• Prouhassan is too much of a cheerleader for my liking. Everything is excellent, amazing, incredible. 
  
• Company is hiring some sort of commercial officer; looks like a consultant will fill that role to start.
  
• Seemingly very good questions from the peanut gallery. Some discussion of warrants, which I missed. 
  

Other details for sure. Don't hold me to the numbers. I thought it was a good call but hard to imagine an 18 person company getting uplisted any time soon.

Thanks.

The bolded doesn’t sound very promising or is this just me?

 

[google]

Did any Chet questions get asked?

negative

He had a bunch of people in queue but NP chose to spend 5-minutes on a woman asking about the role of CYDY's assistants.

 

[google]

Thanks.

The bolded doesn’t sound very promising or is this just me?

It will happen but not immediately.

 

[beef]

Quicken Loans planning IPO

Wonder how many RH'ers got their mortgage through them?