Stock Thread (10 Viewers)

[FreeBaGeL]

I sold PLTR, AMRN, NKTR, RUBY, TDOC, NERV, MDT, TJX, BFT and KALA. I bought GLD and one long term in-the-money LMT call. I looked at FDX when someone noted it as a value play. The P/E is over 27. So, yes, I think a lot of names are bloated and I want to have plenty of cash to buy something like FDX (or, yes, maybe some of the names that I just sold) after a drop. 

As majority shareholder and acting CEO of NERV I am extremely disappointed to see you sell.  You could have at least bought one of my 5c calls for $1.  I have plenty for sale.

 

[pecorino]

As majority shareholder and acting CEO of NERV I am extremely disappointed to see you sell.  You could have at least bought one of my 5c calls for $1.  I have plenty for sale.

Trust me, I was extremely disappointed to see me buy.

 

[KGB]

CCIV

Thanks for the pick, up 18% today and I'm holding

 

[guru_007]

CCIV

Thanks for the pick, up 18% today and I'm holding

Still going in AH 

 

[KGB]

UUUU

Back in the green for me   (with after hours)

 

[ericttspikes]

CCIV

Thanks for the pick, up 18% today and I'm holding

Yeah, I'm holding too. Have 400 at 13.5 and was hoping to grab some more sub 14 but will wait it out and see if people get impatient and sell over the next few weeks before adding. I'm guessing it will run 2x-3x rather quickly IF it really is Lucid. If it isn't, it will go back to the 10-11 range fast, but I do like the size of this SPAC and their team. Guys like Jony Ive and Alan Mulally are great. I think Lucid is maybe a 70% shot of happening. I like the risk/reward.

 

[FreeBaGeL]

We think Lucid Motors is priced in to CCIV yet?

I am thinking it will get another pop if/when it is made official.  Seems like pretty good risk/reward to me.  I could see 20+ on the official announcement and the downside is $10 if it turns out not to be true.

Ugh I don't know why I didn't go in heavier with this.  I still went in pretty hard but I still ended up wussing out and doing about 1/3rd of the position I was originally planning.

 

[KGB]

Ugh I don't know why I didn't go in heavier with this.  I still went in pretty hard but I still ended up wussing out and doing about 1/3rd of the position I was originally planning.

Because if the merger doesnt happen, it will tank.  So you chose to bet with an amount you felt comfortable with.  Me too

 

[TripItUp]

List of entities recently forecasting a Q1 market correction

Goldman Sachs

Jim Cramer 

Tom Lee

 

[KGB]

Still going in AH 

CCIV 11% after hours 

 

[Sand]

Dumb SPAC question - I assume the ticker change is transparent for tax purposes?  I.e. my holding period started when I bought, say, IPOC and not when it changed over to CLOV?  I don't know the mechanics of SPACS enough to assess.

 

[TripItUp]

Dumb SPAC question - I assume the ticker change is transparent for tax purposes?  I.e. my holding period started when I bought, say, IPOC and not when it changed over to CLOV?  I don't know the mechanics of SPACS enough to assess.

Not sure, 2020 was the first time I've bought and sold SPACs...I expect it will be clear on the tax statements.

 

[Sand]

I just took a position in NGABU, a Spac that started trading today and is already up to $11.60.  I typically don't like to buy these once they cross $11 to minimize that downside risk.  But this is likely an EV play as their first SPAC was NGA which has announced a merger with Lion Electric, and has run up to around $30 here pre-merger.

Not showing on Fidelity. 

 

[Sideshow Bob]

Dumb SPAC question - I assume the ticker change is transparent for tax purposes?  I.e. my holding period started when I bought, say, IPOC and not when it changed over to CLOV?  I don't know the mechanics of SPACS enough to assess.

I don't know why it would be any different than any acquisition. This is what I would expect. Though I can't say I know definitively.

 

[pecorino]

List of entities recently forecasting a Q1 market correction

Goldman Sachs

Jim Cramer 

Tom Lee

Isn’t Lee a perma-bull? That’s a significant call if I’ve got the right guy. 

 

[TripItUp]

Isn’t Lee a perma-bull? That’s a significant call if I’ve got the right guy. 

He's bullish but has forecasted a Q1 correction...which isn't necessarily going out on a limb...been a while since we've had a consolidation/reset/correction.

 

[TripItUp]

Isn’t Lee a perma-bull? That’s a significant call if I’ve got the right guy. 

Here's a Link

 

[Sideshow Bob]

Not showing on Fidelity. 

Yet somehow it appears to be available on webull

 

[TripItUp]

Updated Holdings

BTC - up big

ETH - up big

IPOE - up small

DKNG - up big

Lots of cash on the sidelines waiting to pounce if correction occurs or to play the stimulus bill news.

Sold FUBO for 20% gain and sold CRSP for 15% gain.  Broke even on EXPC.  

 

[Charlie Harper]

I'm too dumb to fully understand, but I think r/wsb pulled off a coordinated pump of GME today to take advantage of shorts.

That sub might just be starting to understand it's power.

 

[The Man With No Name]

Johnson and Johnson's vaccine will likely be getting a lot of good press over the next few months.  Their vaccine is a one shot vaccine.  It stays good stored for months with just refrigeration.  The Pfizer and Moderna vaccines require 2 doses and need to be frozen at a really low temperatures.  They haven't released the vaccine trial results but JNJ seems confident that their data are good.  Vaccine sales aren't super lucrative but people will buy JNJ stock with the good press.

Johnson & Johnson has fallen behind on production of its Covid-19 vaccine, a delay that could put it as much as two months behind schedule

https://www.politico.com/news/2021/01/13/johnson-johnson-vaccine-production-458941

 

[McBokonon]

ARK filed to start a space themed ETF. That should be fun to track.

 

[SFBayDuck]

I just took a position in NGABU, a Spac that started trading today and is already up to $11.60.  I typically don't like to buy these once they cross $11 to minimize that downside risk.  But this is likely an EV play as their first SPAC was NGA which has announced a merger with Lion Electric, and has run up to around $30 here pre-merger.

Not showing on Fidelity. 

I bought it in my Fidelity Roth.  I couldn't find it at first when I put in NGAB.U, which is how Etrade has it, but it was there as NGABU.

 

[Nick Vermeil]

I bought it in my Fidelity Roth.  I couldn't find it at first when I put in NGAB.U, which is how Etrade has it, but it was there as NGABU.

Hmmm. Still a no for me at fidelity. 
 

 

[BassNBrew]

Hmmm. Still a no for me at fidelity. 
 

Weird.  My one share i purchased is sitting there.  Maybe should have taken a starter position as it's up 3%.

 

[Bill Brasky]

love the new Rado blue breezer helmet combo

 

[Sand]

Weird.  My one share i purchased is sitting there.  Maybe should have taken a starter position as it's up 3%.

Second warning for manipulating markets incoming...

 

[JoeSteeler]

Hmmm. Still a no for me at fidelity. 
 

I think is it, not sure if you can get to this link or not 

https://eresearch.fidelity.com/eresearch/goto/evaluate/snapshot.jhtml?symbols=NGAB/U&type=sq-NavBar

 

[The Man With No Name]

NGA up 13.72% in pre market right now.

Was up 7.58% yesterday

 

[identikit]

Hmmm. Still a no for me at fidelity. 
 

NGABU worked for me this morning @ Fidelity

 

[beef]

I bought it in my Fidelity Roth.  I couldn't find it at first when I put in NGAB.U, which is how Etrade has it, but it was there as NGABU.

I had to use NGAB.U on TD

 

[Todem]

List of entities recently forecasting a Q1 market correction

Goldman Sachs

Jim Cramer 

Tom Lee

Crap........99% of the time I go the other way when those two speak. So 2nd or 3rd quarter now LOL!!!!

 

[BassNBrew]

Crap........99% of the time I go the other way when those two speak. So 2nd or 3rd quarter now LOL!!!!

We could run another 20% by then between earning season and stimulus.  

 

[Todem]

We could run another 20% by then between earning season and stimulus.  

Sure can. 

 

[BassNBrew]

Jobless claims surge to highest weekly total since August

Stocks go up.

 

[Nick Vermeil]

I think is it, not sure if you can get to this link or not 

https://eresearch.fidelity.com/eresearch/goto/evaluate/snapshot.jhtml?symbols=NGAB/U&type=sq-NavBar

Comes up as NGAB/U

 

[ConstruxBoy]

Stonks go up.

Corrected

 

[Sideshow Bob]

NGA up 13.72% in pre market right now.

Was up 7.58% yesterday

The Lion Electric CEO was on Mad Money yesterday

https://www.thestreet.com/jim-cramer/engines-of-innovation-cramers-mad-money-recap-january-13

 

[McBokonon]

This part just happened, slight bump after hours after a late day spike. This one is almost as speculative as $NNOX so if that price action has made you seasick, this one is likely a stay away for you, too. 

$BNGO (was his name-O) opens up hot, up 13%.

 

[-OZ-]

ARK filed to start a space themed ETF. That should be fun to track.

Fits well for us, with Huntsville becoming the home of Space command

 

[-OZ-]

SE - sea limited buying a bank (BKE) as it grows its empire 

 

[ChiefD]

CBBT up to .11

 

[McBokonon]

SE - sea limited buying a bank (BKE) as it grows its empire 

Cathie Wood bought more yesterday at all time highs.

 

[BassNBrew]

Lucian coffee at $10.53.  This is now a triple.

 

[JoeSteeler]

CBBT up to .11

Thoughts on how far this may climb? Couldn’t buy it on Fidelity but have my Schaub account open now.

 

[ChiefD]

Thoughts on how far this may climb? Couldn’t buy it on Fidelity but have my Schaub account open now.

Man, I have no idea. I know the original thought was .10 by whoever posted it originally.  

I am free rolling at this point, so my plan is to sit and watch. But I AM tempted to sell a little bit and take some more profits. Not sure yet. 

 

[beef]

$BNGO (was his name-O) opens up hot, up 13%.

I got in a little late on this.  Tiny position just in case it booms, but also one I can DCA and not be too big on if it drops.  

 

[-OZ-]

Cathie Wood bought more yesterday at all time highs.

In which fund? 

 

[McBokonon]

In which fund? 

ARKK (innovation)

 

[McBokonon]

They got one of the Singapore digital banking licenses - that’s why they spiked on Friday. ARK started buying them again, too. This thing is on its way to $225 by end of January at latest.

Looks like I was a little too pessimistic.