man it would be nice if it hit 40 a share and then you could post that about meCav's gotta be up over a quarter million now, right?
TWSS
The wussy sold shares?
I think we can all agree that no matter how much money chet has, it's no f'n good in any bar in America. Now we just need to figure out how to get him to go to the kind of bars that allow us entry.Where do we send the beer to chet?
It sounds like that is a "last gasp" effort of lots of OTCs to get uplisted when they can't beat the shorts, or keep their price high enough. Sort of a hail mary, if you will. I don't think it's good that a company needs to do that to get on a big exchange. JMO, though.Why is that bad? Doesnt dilute and uplist is good.
I've been buying in the low 26s and selling in the 27s (three times now). That wasn't the plan, but Fidelity keeps auto populating "margin" purchase and I forgot to change it to cash each time I've bought. Don't want to tie up margin funds on this. Finally got it right this last time and plan on holding at this point. It's only a 0.5% allocation right now. I don't see going more than 1%.PPL sank to $26.00 for awhile this morning before bumping back up. I'm thinking about committing some funds to it below $26 if I can. That dividend is really juicy at that level. I've been looking at some commercial RE investments but getting >6.25% yield as well as a beaten down price is an attractive combination as an alternative.
Missed that before. Not a great map for them so an interesting case if they don't get shutdown but also don't have enough customers to really be open.I posted this on Friday. The second paragraph of my post is all about bloomin. There is also a link on there that shows a map of their locations. You can see how many there are in states where the covid numbers are rising rapidly.
https://forums.footballguys.com/forum/topic/673466-stock-thread/?do=findComment&comment=22798876
On the other side of the coin, they are in a much better position to gain marketshare as local mom/pops go out of business.Missed that before. Not a great map for them so an interesting case if they don't get shutdown but also don't have enough customers to really be open.
I bought 3 lots (2 around 1) and I’m up just a bit more than you. Outside of Amazon, it’s my 2nd best. I made out even better total $$$ wise on TTD but I put way more in. FSLY and ZM aren’t far behind CYDY and I put less in those two.Just crunched my CYDY numbers: Been trading it since December 2019. In and out several times, to this point I've got 6000 shares at zero cost and in fact made $3200 on trades so far. Those 6000 shares are worth about $25000 today. By far my best investment ever, starting with 10000 shares at $0.27 and turning a profit (as of this moment) of $28000 in seven months. My wife bought 2000 shares at $1.50 so that's another five grand, too, in unrealized gains. Where do we send the beer to chet?
I'm in pretty large, I debated disclosing but then thought about the fact that it would be an ultimate jinx post. I'm letting it ride...at least for now.I bought 3 lots (2 around 1) and I’m up just a bit more than you. Outside of Amazon, it’s my 2nd best. I made out even better total $$$ wise on TTD but I put way more in. FSLY and ZM aren’t far behind CYDY and I put less in those two.
Whelp....Wrong on that in 13 minutesI could be totally wrong, but DKNG in the low 40.xx seems like a good buy. That second offering went at $40 even with no problem. Been acquiring in the low 40s and selling on the bounce. We may be stuck in this range for a while.
Now trading below 40Agreed, longer term. Could be a lot to fall if covid numbers worsen.On the other side of the coin, they are in a much better position to gain marketshare as local mom/pops go out of business.
ETA - That said, I'm not touching it again until we see the 9s.
If? Texas and Arizona hospitalization rates are skyrocketing. Both of their 7 day averages are up about 30% compared to a week ago. At this point we all know what happens about two weeks after the hospitalizations increase. Can't believe we effed this up so badly.Slapdash said:Agreed, longer term. Could be a lot to fall if covid numbers worsen.
Looks like California may be holding off on legalizing sports betting.BassNBrew said:Whelp....Wrong on that in 13 minutesNow trading below 40
I think this is a dangerous game to play. Trying to thread a very fine needle in terms of demand destruction being great enough to put out mom and pops but not great enough to knock these guys out. They do have benefits in terms of economies of scale but they also have probably higher fixed costs at the corp level with their debt load. If HTZ liquidates, then I can understand why CAR (Avis) would rally. But in a fragmented market like restaurants, you would in theory need a lot of closures. On top of that, it ignores the fact that someone could come in and buy these restaurants or leases up and start a new restaurant in a turn key place and have a much lower cost basis than existing restaurants. Margin gains could be possible at a great enough discount but I don't think I'm investing on them as COVID goes up in hopes of restaurant closures.Slapdash said:Agreed, longer term. Could be a lot to fall if covid numbers worsen.
DKNG lower than it was prior to the positive Cali news coming out originally. I think this is an overreaction and I added a bunch. Hopeful it doesn't come back to bite me.Looks like California may be holding off on legalizing sports betting.
The plan is relax and hold.ghostguy123 said:Wondering why I am trying this BLMN train rather than putting more money into SE and CYDY
Todem, what's the plan with BLMN? You buy any more?
Yeah. An important factor will also be what happens when the unemployment benefits for covid expire. You could be looking at high unemployment numbers where the people without jobs aren't getting the benefit of that extra weekly kick in that in many cases was allowing people to indulge by ordering out. Also--if you look at a lot of states where where those restaurants are--many of them do have a certain dependence on tourism. If the numbers keep growing in those areas---thing could get challenging for restaurants in those areas. With that said--the stock will bounce and fluctuate and it looks as though thats what most of the blooming investors in this thread have been doing.Slapdash said:Missed that before. Not a great map for them so an interesting case if they don't get shutdown but also don't have enough customers to really be open.
I'll be honest, if this were most of our investments I wouldn't be at all happy with some of the moves I've made.The plan is relax and hold.
IF you cannot take 15-20% swings you should not touch stocks and trade.
Sit tight. Be patient. It will touch 13-14 again....just be patient.
I am holding. Was just wondering if you bought any more once it went sub 11 and down near 10.20The plan is relax and hold.
IF you cannot take 15-20% swings you should not touch stocks and trade.
Sit tight. Be patient. It will touch 13-14 again....just be patient.
Maybe you all should send him a beer. Price action seemed pretty solid. Not a day trader of penny stocks but 10mn of volume vs average of 6 million seems pretty sustainable. I'm sure some wouldn't mind a parabolic day-trader rise but for a long-term sustainability, I think it's best to get a nice, grind higher.Madeline Toy @madelinetoy3
·1. I am 23. 2. What is wrong with me sharing my experience? No one ever shares the other side of COVID. (Especially with in younger adult demographic.) No I was not paid.
No, I put in the max exposure I wanted when I added a little more in the mid 11’s.I am holding. Was just wondering if you bought any more once it went sub 11 and down near 10.20
That is why we invest in the master list and are just having fun trading this stock (BLNN) with my funny money.I'll be honest, if this were most of our investments I wouldn't be at all happy with some of the moves I've made.
But with a small amount, less than a decent used car at stake, it's a fun hobby.
On the whole, any day I'm up more than any index is a good day (1.4%, compared to 0.59-1.11%)
This stock is simply to trade. And it will bounce again....and out we go for another quick hit. I never....ever touted this as an investment. When I first brought it here.....I touted a double....and it did exactly that. And since then we have traded it several times. It has been a lot of fun.Yeah. An important factor will also be what happens when the unemployment benefits for covid expire. You could be looking at high unemployment numbers where the people without jobs aren't getting the benefit of that extra weekly kick in that in many cases was allowing people to indulge by ordering out. Also--if you look at a lot of states where where those restaurants are--many of them do have a certain dependence on tourism. If the numbers keep growing in those areas---thing could get challenging for restaurants in those areas. With that said--the stock will bounce and fluctuate and it looks as though thats what most of the blooming investors in this thread have been doing.
It's funny--the same post that I posted about bloomin on friday also had concerns over what draftkings would do today. I probably should have listened to myself and sold draftkings early in the day as I could have made some profits. I'm basically a tiny bit above my break even point right now. Overall--I cant be too mad. I still have some cydy (although i took some profits on it a few weeks ago), Thor and Winnebago have been amazing for me so far, big tech has been very solid, peloton has been great, the precious metals have been solid--so overall I'll pretty thrilled.
Oh I agree. I am a bullish long term investor but I do like to hedge my bets with some profit taking. Besides that--I like to use that money from profit taking to buy on dips or to re-balance my portfolio. I think that the buying and quick flipping of bloomin' is the proper play for that particular stock--as the strategy serves a purpose (that stock just shows a tendency to bounce around within a range--so buy at the low end of that range and sell at the medium to high end of it). While I haven't participated in that play--I do think it's a sound one and I firmly believe that the stock will give those of whom who bought it in the 11's a chance to get out at a profit fairly soon.This stock is simply to trade. And it will bounce again....and out we go fora quick hit. I never....ever touted this as an investment. When I first brought it here.....I touted a double....and it did exactly that. And since then we have traded it several times. It has been a lot of fun.
But by no means is any of my long term money in this company.....nope.
That is in the mater list and more companies not listed that I have held for decades.
I am not nearly as bearish as you are about Covid. We are going to get through this. This time next year....it will be a memory. And we will look back on this and discuss it at length on what we did right.....and what we did wrong. Because there is plenty future discussions in another thread to have about this whole thing LOL!!!
Wow, some incredible douches out there. Clearly have to be shorting and hurting now. No one else would even care about her when the stock is going up.Guess we now know who was short $CYDY
Omar from Brooklyn
@BrooklynOmar
You are a despicable human being ,you are 23 but act like a 13 year old . You’re a loser craving attention, but you have now entered the dark side. $CYDY
Maybe you all should send him a beer. Price action seemed pretty solid. Not a day trader of penny stocks but 10mn of volume vs average of 6 million seems pretty sustainable. I'm sure some wouldn't mind a parabolic day-trader rise but for a long-term sustainability, I think it's best to get a nice, grind higher.
Fascinating man. Really good post.Oh I agree. I am a bullish long term investor but I do like to hedge my bets with some profit taking. Besides that--I like to use that money from profit taking to buy on dips or to re-balance my portfolio. I think that the buying and quick flipping of bloomin' is the proper play for that particular stock--as the strategy serves a purpose (that stock just shows a tendency to bounce around within a range--so buy at the low end of that range and sell at the medium to high end of it). While I haven't participated in that play--I do think it's a sound one and I firmly believe that the stock will give those of whom who bought it in the 11's a chance to get out at a profit fairly soon.
I'm pretty bearish on covid for the short and medium term for the markets. I'm willing to disclose this now (I told @chet and @fantasycurse42 about this a long time ago and they can verify for those of whom don't believe me)--but i am of the belief that covid 19 was evolved/manipulated in the Wuhan virology laboratory. I'm disclosing this now to the masses because a few days ago (many weeks after I told Chet and fantasycurse about it) Bret Weinstein went on the Joe Rogan podcast and touched upon it. The Cliff notes version is that there is a very good chance that the virus evolved as a process of "gain of function" research gone wrong. There is a scientist named Ralph Baric from UNC that was working for the NIH during the Obama administration to specifically conduct "gain of function" research on coronaviruses. This process involves enhancing a virus by adding things to/modifying/or proactively evolving a virus by putting it in different animals/tissues and seeing how it evolves differently. The idea is that if you can modify/evolve the virus faster than nature can--you will have more time to create a vaccine for that eventuality. However--the risk is that you could have an escape from the laboratory. The Obama administration cut funding to Baric's gain of function research to coronavirus around 2014-2015--and his next move was then to take the research to Wuhan where he taught the Chinese/International scientists everything. He even published a paper with the wuhan scientists in 2015 about a new corona virus. They have since modified and edited the paper as listed on the top--but the original version of this paper was released by Baric and other scientists shortly after having to move research to Wuhan. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4797993/.
In any case--the two big takeaways from this are that there is a very good chance that a US scientist was a major player in evolving the virus into what it is. The same scientist Baric also signed a deal with Gilead months after taking the research to Wuhan--and of course Gilead makes Remdesivir. This is why I believe our government was so quick to endorse and jump on the Remdesirv bandwagon almost immediately. Basically---my concerns on covid are this: people don't need to be hospitalized or dying at a very high rate for it to effect some business sectors. Secondly--I think that as more gets learned about how Covid 'came to be"--it could lead to some geo-political turmoil. You see how our administration goes back and forth between how they blame China (and make no mistake--China was complicit in being dishonest about the extent of the pandemic there)---but China could very well throw the US under the bus by mentioning Baric. In any case--I do think that we will get passed Covid in a year or two---but I do think there will be obstacles along the way. I am of a belief that it is a mutated/engineered virus and I think that it can have a tendency to mutate even more quickly as a result of it being manipulated. This--along with the geopolitical risks of the root of the virus getting released--gives me some market bearishness for the short and medium term. I don't know how our markets react if this is proven true and if so--when the story spreads. That's the only reason why I tend to be a bit more careful than some of the others in here in regards what my investments are.
Here is a link to Rogan talking with Weinstein about covid and his thoughts on how it originated.
https://www.youtube.com/watch?v=zQLF4DUSXGs
Here is a link to science magazine to where 54 NIH scientists got fired for taking money from foreign governments. Out of the 54 firings 93% of them were taking money from the Chinese.
https://www.sciencemag.org/news/2020/06/fifty-four-scientists-have-lost-their-jobs-result-nih-probe-foreign-ties
This is what I care about for my non-401k accounts. The 401ks are more or less index funds.I'll be honest, if this were most of our investments I wouldn't be at all happy with some of the moves I've made.
But with a small amount, less than a decent used car at stake, it's a fun hobby.
On the whole, any day I'm up more than any index is a good day (1.4%, compared to 0.59-1.11%)
I think it would depend on how much you're wanting to buy (and how many other MLPs you're invested in). I have BEP in my Roth because it's my only MLP and I don't own nearly enough to eclipse the $1,000/year UBTI threshold. A lot of folks recommend keeping MLPs in taxable accounts, but that advice seems geared towards people who have a lot of money in these things.Slapdash said:Given this is an MLP, what type of account is best to hold it in? I'm leaning towards the regular IRA.
You might have your dip right here...trade deal comments sinking futuresWell know I wish I would have just bought last week instead of waiting for another dip. I'll be rooting for you guys![]()
WHITE HOUSE TRADE ADVISER PETER NAVARRO SAID ON MONDAY THE TRADE DEAL WITH CHINA IS “OVER,”- RTRSYou might have your dip right here...trade deal comments sinking futures
Oh, I didnt realize that comment was about CYDY, thought it was overall market. Yah, dont see impact to cydy.WHITE HOUSE TRADE ADVISER PETER NAVARRO SAID ON MONDAY THE TRADE DEAL WITH CHINA IS “OVER,”- RTRS
I don't think it's going to impact CYDY much. But I hear ya. Obviously I've been bearish. But I feel like it doesn't take much to tip over a market like this. Once the tide goes out, you find out who is swimming nekkid.
Trade deal over. So what will this impact negatively? Positively?Oh, I didnt realize that comment was about CYDY, thought it was overall market. Yah, dont see impact to cydy.
As long as we keep the trade deals with Australia open, should be plenty of Bloomin Onions and Fosters.Trade deal over. So what will this impact negatively? Positively?
Will my BLMN go down cause of this![]()
One would think hardware tech will get smoked. Like AAPL. Suppose the rest of tech may be a bit more resilient. SMID cap domestics that can benefit from an onshoring are probably getting smoked due to coronavirus.Trade deal over. So what will this impact negatively? Positively?
Will my BLMN go down cause of this![]()