Stock Thread (22 Viewers)

[stbugs]

Nice edit.

I'm somewhere between the two of you. I tend to agree with bugs that most of these companies seem overvalued and that there seem to be more popping up every day. And yes, battery life is improving and will improve, but I don't think we're going to see a 1,000 mile battery within 5 years. I hope. Hell, I'd be just as happy, maybe even happier, with a 500 mile battery and someone coming up with an Anker Powerbank I can USB into my car from my trunk while I'm moving.

My biggest question is still the tech in the chargers themselves. With Tesla owners used to faster and faster superchargers, getting 15-30 mph is painful unless you're somewhere you can charge all day (work) or you just need a quick top off (an hour at a restaurant) and it's REALLY convenient. 

If I'm somewhere I'm unfamiliar, I'll check to see if there are Superchargers nearby. If I'm somewhere I know what's around, I'll hit one up if it's nearby. Otherwise, unless I KNOW I need a few extra miles shortly, I don't bother with the others unless it's crazy convenient. Partially because many of them aren't free, and you never know what kind of process you've gotta go through to use them (Download our app, put in your credit card number, submit your blood sample, run to the store and buy our adapter, and it's just THAT easy). I do love the idea of the BEEM solar stations. Especially for places like office buildings.

I did some toe dipping with BEEM, because GM, and of course I should have held onto it longer. And short-term like BEEM, there are lots of returns to be had. But that's not how he invests for the most part, so it completely makes sense that he'd avoid them. I'm mostly the same. I don't want much to do with them long-term. Doesn't mean there aren't profitable trades to be made.

Yeah, I’m not a trader so I do miss some momentum stocks. Just one note, Tesla just announced 520 mile batteries and if you’re familiar with Moore’s law and semiconductors, I’d be willing to bet that EVs are going to be on a similar path now that we kind of already see the LCD replacing Tube TVs happening with combustion engines. As sales of EVs accelerate and GM/Ford/VW/Toyota are only selling EVs, I think I’ll be closer to correct that there will be a 1000 mile battery in 5 years. Let’s say my call is by Valentines Day 2026, Elon will have tweeted that the Model Z will have a range of 1000.5 miles. Also, I agree with you on the fast charging, if I go in and out of the grocery store and get 10 miles extra is it worth all the waiting to find an open EV charger spot? Look at the amount of money people spend on convenience today. There will be penny pinchers out there but most people will just charge at home and at work and not try to save $5 a month charging at the grocery store and when 90% of the cars are EVs, my local Publix isn’t paying $100k to outfit the entire parking lot so that people can actually find a charger. Again, I see autonomous driving being the ultimate option to have your car drop you off at dinner, charge at home and pick you back up.

@General Malaise To address a couple notes, the numbers of current EVs will be a tiny percent of overall EVs in a matter of a few years. Based on some of the Tesla bulls out there, they’ll be selling per year more cars than they’ve sold so far in a few years. Add in all the other EVs coming from everywhere else, 95% of them will be 400-500+ miles in as short as 2023.

I see all the valid points and it’s nice to get back to discussing some future stocks like SE and thoughts on current valuations.

One other note, there will be wireless charging coming soon as well. If someone invents that, I’ll buy the stock because that’s something easy and fits perfectly in autonomous cars like Uber fleets that park themselves, have robots clean up the #### in the back of the car and charge at the same time.

 

[stbugs]

It's been years since I would worry about needing to charge my phone while I was out and about. I can certainly see some transition period, particularly for the non-Tesla electrics.  So the key to charging seems to be what the other automakers do with EVs and what quality those batteries are. Can any of them actually get reliable/good EVs pumped out at a scale (meaning the demand is there too)? I believe Tesla's goal of 2 million vehicles a year this decade is achievable, but will it be fast enough?

One cool thing about Proterra's (ACTC) electric busses is how they completely redesigned the construction of busses to fit a lot of batteries on board. It's made of balsa wood which is much lighter. So they only really need one central charging station on the route to go all day.

Balsa wood? JFC, oh the humanity if they get in an accident.

 

[Sideshow Bob]

One other note, there will be wireless charging coming soon as well. If someone invents that, I’ll buy the stock because that’s something easy and fits perfectly in autonomous cars like Uber fleets that park themselves, have robots clean up the #### in the back of the car and charge at the same time.

My link

 

[Capella]

Things are grim on Reddit:

”dude this #### is not going to $30 again there’s no way man I put at least $50k in when this #### was $270 come on man”

 

[stbugs]

Anyone who thought they missed the boat on $FLGT should have a look this morning

Thanks for the notification. Just bought 10 so I can finally say I own it again. Had a feeling it, like APPN, somehow got caught up in the frenzy buying. I made a nice amount of $$$ on FLGT earlier this year but sold way too soon, which I completely regret. Had 500 shares I bought at $16, SMH. Well, got 10 at about 6 times the price.

 

[-OZ-]

Anyone who thought they missed the boat on $FLGT should have a look this morning

That was fun. 

Put a limit order in at $109.70, executed immediately and now the account shows it at $119 like 1 minute later.

 

[culdeus]

The idea of solar panels on your car makes sense, until you get hail or you see dents on your roof from rocks or other debris.

Maybe for local driving only. Golf carts should get solar panels before cars imo.

Solar panels on the roof/trunk can really only provide about 8mi/day or something along those lines right now.  The extra weight may actually make it a net negative.  The more viable solution is solar carports in parking areas.

 

[stbugs]

Things are grim on Reddit:

”dude this #### is not going to $30 again there’s no way man I put at least $50k in when this #### was $270 come on man”

It was so obvious from the start that the WSB head honchos would make out like bandits and the late comers would get ####### crushed. I’m sure I could have made a nice chunk of change but I’m so bad at timing that I’d be whining like a ##### like this guy. Buying GME at $270 a share? Lordy.

 

[-OZ-]

Solar panels on the roof/trunk can really only provide about 8mi/day or something along those lines right now.  The extra weight may actually make it a net negative.  The more viable solution is solar carports in parking areas.

Totally agreed with the parking lots being key. People would even pay more to park there

I didn't realize they were quite the bad. 

 

[urbanhack]

BRIEF- "Cash App Says Clearing Broker Has Halted Buys Of AMC And Nokia"

 

[culdeus]

Things are grim on Reddit:

”dude this #### is not going to $30 again there’s no way man I put at least $50k in when this #### was $270 come on man”

BUY THE DIP BRO.

What I'm really seeing is robin hood maybe saved some people's ### not letting them get in on leverage when things were frothy.

 

[stbugs]

That was fun. 

Put a limit order in at $109.70, executed immediately and now the account shows it at $119 like 1 minute later.

Woot, bought at $109, already made $30.

 

[Nigel]

That was fun. 

Put a limit order in at $109.70, executed immediately and now the account shows it at $119 like 1 minute later.

and a minute later back to $110.

 

[David Dodds]

I made a rather large purchase on AMC at $6.20. I am hopeful this does not cost me, but these ladder shorts have to buy eventually.

 

[culdeus]

Totally agreed with the parking lots being key. People would even pay more to park there

I didn't realize they were quite the bad. 

Nio was looking at solar roof as an option, I can't find this information on their website or on the typical websites so I assume they abandoned it for now.  Solar carports have also the benefit to reduce heat of the cars below by obstructing the sun, saving battery cycles.

 

[culdeus]

I made a rather large purchase on AMC at $6.20. I am hopeful this does not cost me, but these ladder shorts have to buy eventually.

No, they really don't.  

 

[QuizGuy66]

Totally agreed with the parking lots being key. People would even pay more to park there

I didn't realize they were quite the bad. 

Holding out for sails on cars tbh

-QG

 

[KGB]

I made a rather large purchase on AMC at $6.20. I am hopeful this does not cost me, but these ladder shorts have to buy eventually.

I also just went very big at $6.72

 

[QuizGuy66]

Seriously think solar stuff is pretty cool they might need to make em retractable like old-school 70s Lincoln Mark V headlights though.

-QG

 

[stbugs]

Solar panels on the roof/trunk can really only provide about 8mi/day or something along those lines right now.  The extra weight may actually make it a net negative.  The more viable solution is solar carports in parking areas.

Right now is the key point. Tesla sold 500k cars this year far and away the leader. When EVs get to 17M a year the TAM may be worth the effort. Who knows, again if battery life increases from the 520 miles top today and @Sideshow Bob’s wireless chargers are in everyone’s homes then maybe it doesn’t matter.

 

[Capella]

BUY THE DIP BRO.

What I'm really seeing is robin hood maybe saved some people's ### not letting them get in on leverage when things were frothy.

Great point. 

 

[2Squirrels1Nut]

I was planning a short position on Saturday but TD won't let me. FWIW

 

 

[Wild Young Billy]

In in the low teens. Let's go.

I got in for a handful. 

 

[stbugs]

BUY THE DIP BRO.

What I'm really seeing is robin hood maybe saved some people's ### not letting them get in on leverage when things were frothy.

You are probably right. I think I said that before but got lumped into the hedge funds for life crew. You were able to sell but not buy at outrageous prices. Probably did save some serious coin because the people getting in at that point would all be underwater now.

 

[Desert_Power]

Balsa wood? JFC, oh the humanity if they get in an accident.

It's a balsa wood core, injected with resin with a fiberglass layer on each side. Should be plenty strong enough for impacts.

 

[-OZ-]

Right now is the key point. Tesla sold 500k cars this year far and away the leader. When EVs get to 17M a year the TAM may be worth the effort. Who knows, again if battery life increases from the 520 miles top today and @Sideshow Bob’s wireless chargers are in everyone’s homes then maybe it doesn’t matter.

I'll just stand by and watch with my QCLN shares.

 

[David Dodds]

and out of those same shares at $7.10. Now after East coast lunch, I suspect the ladder is back in play.

 

[stbugs]

It's a balsa wood core, injected with resin with a fiberglass layer on each side. Should be plenty strong enough for impacts.

I’m sure, just the thought of anything balsa wood takes me back to some projects that were really easy to break!

 

[Capella]

2 fancy steak dinners worth of gamestonk. 

 

[Sand]

People crying over losses?

Loser:                 :(

WSB:           

 

[KGB]

and out of those same shares at $7.10. Now after East coast lunch, I suspect the ladder is back in play.

I think / hope you times the bottom.  I'm holding for now.  15000 shares.

 

[-OZ-]

I think / hope you times the bottom.  I'm holding for now.  15000 shares.

Good luck. 

 

[JB Breakfast Club]

Are gains on weed stocks already baked in? I have 1420 shares of the TOKE ETF, and it seems like legalization is going to break nationally in 2021 or 2022. 

 

[David Dodds]

I have already made massive profits in this AMC play this year. Obviously was upside down on the shares I had this morning in my account. I felt this ladder was going to continue so resisted the urge to buy near the opening and have just been watching volume like a hawk. My $6.20 to $7.10 has got me in a very strong position. I am waiting for the next ladder down.

 

[cosjobs]

As the great George W. once said...

"Whoops."

At least ir wasn't 21000 shares

 

[urbanhack]

PLTR wait...

 

[Desert_Power]

I’m sure, just the thought of anything balsa wood takes me back to some projects that were really easy to break!

Yeah, we used to have to build stuff with it in my HS engineering classes. Since one competition was strength per weight, I once figured out I would double up the truss without doubling the weight (span weighs the most) to get an easy efficiency gain. A win for my laziness.

It looks like Proterra does their east coast operations at Clemson's ICAR campus. Maybe they will let you poke around next time you are in the area.

 

[cosjobs]

Might buy in the 60s. *probably not*

I'm all over it if it dips below 5

 

[KGB]

I'm all over it if it dips below 5

Exactly.  Not even kidding

 

[Captain Cranks]

Are gains on weed stocks already baked in? 

We'll excuse the pun.

 

[McBokonon]

I guess $FLGT going from 40-something to almost 160 in less than a month wasn't totally sustainable

 

[stbugs]

Yeah, we used to have to build stuff with it in my HS engineering classes. Since one competition was strength per weight, I once figured out I would double up the truss without doubling the weight (span weighs the most) to get an easy efficiency gain. A win for my laziness.

It looks like Proterra does their east coast operations at Clemson's ICAR campus. Maybe they will let you poke around next time you are in the area.

Interesting, my son’s in Biochem/Genetics, so don’t have an easy in, but I see it every time I drive down there.

 

[cosjobs]

Buying AMC 

me too. At 4

 

[stbugs]

PLTR wait...

Everything I own or follow is down that hugely ran up last week with GME while everything else was down. I assume that there were favorites outside of just the short squeezes and all see to be selling off in unison.

 

[BassNBrew]

I guess $FLGT going from 40-something to almost 160 in less than a month wasn't totally sustainable

Yup...which is why we don't take starter positions at 33% on high fliers.  

 

[BassNBrew]

Yes I’m buying after hours. 

I have tried to convince all my friends and family to buy amazon and they all say it’s too expensive and then proceed to chase lower quality stocks or the garbage crypto coins trying to get rich. Whatever. 

Why is Amazon going to tank AH?  And if we know this, why aren't we selling now.

 

[Desert_Power]

I guess $FLGT going from 40-something to almost 160 in less than a month wasn't totally sustainable

Trying to figure out if I want more or will wait. Already the third largest holding in my Roth (behind AAPL and VIG).

 

[McBokonon]

Yup...which is why we don't take starter positions at 33% on high fliers.  

I wouldn't have SE at $60-ish if I followed that religiously.

But this $FLGT run was bonkers, way more parabolic than SE ever was.

 

[Capella]

Why is Amazon going to tank AH?  And if we know this, why aren't we selling now.

It usually has absolutely insane after hours fluctuations, I’ve seen it dip 10% off excellent earnings and then bounce back. It moves too fast for me to try to time buying and selling, I’m just going to add some to my pile if it dips. 
 

I know it had one truly huge earnings gain after hours in the last year, think maybe last February, but I usually see dips. 

 

[stbugs]

Thanks to @TripItUp and others that raves about DKNG. Only have 120 shares but got in when it dipped back down in the 30s. Been a nice 50%+ gain since October. Not planning to sell, just a nice chunk in that online gambling sector.