What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Stock Thread (25 Viewers)

Todem said:
I am looking at a very interesting company......which IPO’d earlier this year.

RENT (Rent The Runway)

They rent women’s clothing. But their platform looks like the very best in class in this industry. The concept is actually quite impressive and their history before going public was impressive. They have built a really nice brand in this niche space. 

Stock was recently hammered but their growth rates are looking extremely attractive and this could be a double inside 12-18 months maybe sooner. 

Going to nibble into this one with some mad money for some fun and see if we can get a nice quick hitter type of trade for 70-100% pop (funny that quick for me is 12-18 months lol). 
Thanks for this tip, really appreciate getting your perspective in here. I got into some of the travel apps(ABNB, TRIP)  last year thinking they would take off when we opened back up which hasn’t been the case. If you get the chance would be interested to get your thoughts on if you ride these out long term or cut and run. Thanks for sharing the knowledge, we all get a lot from it.  :hifive:

 
Added BNKU, NRGU and TQQQ.  Kind of becoming a morning routine here.   

And more at open...

 
Last edited by a moderator:
Added BNKU, NRGU and TQQQ.  Kind of becoming a morning routine here.   
ZM and FLGT are up along with MRNA and other CV stocks but Amazon is still pointing down. I don’t own much ZM anymore although I won’t complain about the sales price when I dumped most of my shares ($570, seems like a lifetime ago). Makes me wonder when/if it’ll ever see that price again.

 
Kind of surprised the Nasdaq is down more than the other indices just because most of the news today (Biden bill issues and lockdowns) would seem to favor it over the others. Oh well, just a general dump day it looks like with maybe a handful of really COVID targeted stocks. Glad I loaded up on FLGT, probably should have added more in the 70s. Their CV testing business isn’t their future, although it may signal future opportunities, but man they are going to clean up this quarter in terms of cash building and likely have another hoarding in Q1. Hopefully, we see the light at the end of the tunnel after that but I don’t think cash projections were based on Omicron sweeping through.

 
I think it's all a bunch of fake scares.  I'm not worried about putting my money to work in certain stocks/sectors or dumping more in each paycheck.  Thinking about putting in for custom plates for my Lambo now before someone takes "GO OMCRN" or "MY BBB"  

 
 Glad I loaded up on FLGT, probably should have added more in the 70s. Their CV testing business isn’t their future, although it may signal future opportunities, but man they are going to clean up this quarter in terms of cash building and likely have another hoarding in Q1.
If COVID is something we live with rather than something we eradicate, then their COVID revenue may never really stop. Slow down, of course, but they may still have that money coming indefinitely if doctors want to confirm ailments before recommending treatments.

 
If COVID is something we live with rather than something we eradicate, then their COVID revenue may never really stop. Slow down, of course, but they may still have that money coming indefinitely if doctors want to confirm ailments before recommending treatments.
Agreed and if so, definitely undervalued. I’m not planning to sell any for a while. It was a steal in the $70s. Damn if I wasn’t really dumb to have sold early before they crazy run up. I bought my earliest shares at $15 and I remember seeing it at $6 during the March dip. It was one of the few stocks I bought that February and didn’t rebuy when it went down like I did with Roku buying around $90 and then rebuying at $65.

 
@stbugs are you still holding any ASO?  Remember you talking about it months ago. 

Talking heads on CNBC (Jon?) were talking about it a couple of weeks ago as a buy in the mid 40's.  I'm not familiar with Academy Sports since I live in Cabelas country but they posted good earnings and now dipping to 38.  I'm not really in much for retail but this one keeps standing out.    

 
@stbugs are you still holding any ASO?  Remember you talking about it months ago. 

Talking heads on CNBC (Jon?) were talking about it a couple of weeks ago as a buy in the mid 40's.  I'm not familiar with Academy Sports since I live in Cabelas country but they posted good earnings and now dipping to 38.  I'm not really in much for retail but this one keeps standing out.    
No, I only got some via Fidelity’s IPO. I unfortunately sold it before it got in the 40s. It’s kind of like the Walmart of ****’s of ****’s is Target. There’s one that opened next to closest ****’s and they had a 20% off weekend for our school’s booster club. We bought some Christmas stuff (even YETI was 20% off), but it felt like a really cheap version of a ####’s store. The shoe section was like Payless with nothing most kids would want to wear.

I think it just IPO’d really cheap as it wasn’t in demand and that’s why it’s done well. No idea if it’s a good future pick. Wish I just held it but oh well, I didn’t have a lot and just wanted to make a few bucks and reinvest elsewhere.

 
Last edited by a moderator:
Did something change with omnicron over the weekend? This is insanity. 
The declaration that it is at least as transmissible as measles, IMO.  That makes it likely the most transmissible virus ever encountered.

 
Last edited by a moderator:
Did something change with omnicron over the weekend? This is insanity. 


No idea.  Most of the news was and has continued to be very good.  More or less if boosted it can go right thru you completely.  Then you are like super immune.  I'm back to licking doorknobs. 

Even if unvax this thing looks like nothing to be worried with.  

If this thing finally spreads and gets everyone the virus won't have any hosts left.  

 
The declaration that it is at least as transmissible as measles, IMO.  That makes it likely the most transmissible virus ever encountered.
From what I understand that’s good news since it’s not that serious of an illness. Lol all I’ve heard is relatively good news and then today happens. Bizarro market. 

 
@stbugs are you still holding any ASO?  Remember you talking about it months ago. 

Talking heads on CNBC (Jon?) were talking about it a couple of weeks ago as a buy in the mid 40's.  I'm not familiar with Academy Sports since I live in Cabelas country but they posted good earnings and now dipping to 38.  I'm not really in much for retail but this one keeps standing out.    


No, I only got some via Fidelity’s IPO. I unfortunately sold it before it got in the 40s. It’s kind of like the Walmart of ****’s of ****’s is Target. There’s one that opened next to closest ****’s and they had a 20% off weekend for our school’s booster club. We bought some Christmas stuff (even YETI was 20% off), but it felt like a really cheap version of a ####’s store. The shoe section was like Payless with nothing most kids would want to wear.

I think it just IPO’d really cheap as it wasn’t in demand and that’s why it’s done well. No idea if it’s a good future pick. Wish I just held it but oh well, I didn’t have a lot and just wanted to make a few bucks and reinvest elsewhere.
Academy is the best. They have one right down the street from me.

It's weird - it's not a huge store like a ####'s Sporting Goods, but they have the right mix and right amount of exactly what you need. It's like they can read your mind.

You need stuff for your grill or smoker? They got it

You need nightcrawlers for fishing? They got it

You need running watches? They got it

You need a Royals or Chiefs shirt for this weekend? They got it

You need running shorts? They got it

Love that store.

 
Did something change with omnicron over the weekend? This is insanity. 
Emotions. 

Be patient. This is only the start. More to come especially in 2022. 

You are seeing very weak money selling off high risk. This will create long term opportunities in strong large cap tech names as we have been talking about. 

I see nothing wrong with a healthy 10% correction as that is normal and expected.....what happens is the “emotions” of retail investors really start to snowball it where it takes the entire market down....and that is when the real opportunities for long term investors reveals itself. 

When was the last time this market had a real sale? March 2020. I don’t expect it to go that deep....no. But I do expect more selling pressures in 2022. Just a lot going on which we outlined right before Black Friday. 

That is why we suggested to everyone here to build 20-30% cash back then....to be able to nibble into great names as they sell off for no good fundamental reason. 

2018 the market fell over 28% peak to trough when the Fed was raising rates. They pivoted. I do not think that happens this time around.....the inflation number is too strong to continue this easy dovish monetary policy. The economy is very strong and I am not worried about a recession. Inflation is the real enemy along with supply chain issues and the lack of supply in many area’s of this economy. Then you have the unpredictable factors of Covid and elections and political noise. All of that makes for a cocktail of correction. 

I would be very relaxed......keep maxing out your 401K’s and if you did not rebalance and build cash back when we talked about it.....do it now. 

Have a list of stocks you absolutely want to own....and buy the dips and go long. 

If you are mutual fund/ETF and investor....sit tight and wait for more capitulation because you are dependent on the fund managers discretion or index’s (ETF’s). Be patient. 

2022 should be a positive year in the market.....but the ride will be a bumpy one.

 
Emotions. 

Be patient. This is only the start. More to come especially in 2022. 

You are seeing very weak money selling off high risk. This will create long term opportunities in strong large cap tech names as we have been talking about. 

I see nothing wrong with a healthy 10% correction as that is normal and expected.....what happens is the “emotions” of retail investors really start to snowball it where it takes the entire market down....and that is when the real opportunities for long term investors reveals itself. 

When was the last time this market had a real sale? March 2020. I don’t expect it to go that deep....no. But I do expect more selling pressures in 2022. Just a lot going on which we outlined right before Black Friday. 

That is why we suggested to everyone here to build 20-30% cash back then....to be able to nibble into great names as they sell off for no good fundamental reason. 

2018 the market fell over 28% peak to trough when the Fed was raising rates. They pivoted. I do not think that happens this time around.....the inflation number is too strong to continue this easy dovish monetary policy. The economy is very strong and I am not worried about a recession. Inflation is the real enemy along with supply chain issues and the lack of supply in many area’s of this economy. Then you have the unpredictable factors of Covid and elections and political noise. All of that makes for a cocktail of correction. 

I would be very relaxed......keep maxing out your 401K’s and if you did not rebalance and build cash back when we talked about it.....do it now. 

Have a list of stocks you absolutely want to own....and buy the dips and go long. 

If you are mutual fund/ETF and investor....sit tight and wait for more capitulation because you are dependent on the fund managers discretion or index’s (ETF’s). Be patient. 

2022 should be a positive year in the market.....but the ride will be a bumpy one.
I don’t sell anything, I may be one of the 5 most patient guys here. Still annoying to see. Doesn’t help I’m done buying for the year I guess. 

 
I don’t sell anything, I may be one of the 5 most patient guys here. Still annoying to see. Doesn’t help I’m done buying for the year I guess. 
Meh don’t sweat it then......build cash. Be ready to buy more. Buy and hold is tried and true no doubt. I will never ever question those that dig in like that. I have done that 95% of my investing life....this is only the third time I have tactically built cash to this extent with a major rebalance. It is a rare thing.....but the stars aligned on many indicating factors that I could not ignore. We have had an amazing bull run and it will continue. But there will sometimes be major storms and doing some storm prep never hurts. 

 
I have to think that value, long-term guys must like Mohawk (MHK) which I've been hyping since October. Despite my earlier posts, no official stance from the man himself (i.e. todem).  MHK sports an $11B market cap, an EPS of $49.90, and P/E of 3.29 as if this moment. Those are some sexy numbers even if their business is selling unsexy carpet and other flooring materials.

 
I have to think that value, long-term guys must like Mohawk (MHK) which I've been hyping since October. Despite my earlier posts, no official stance from the man himself (i.e. todem).  MHK sports an $11B market cap, an EPS of $49.90, and P/E of 3.29 as if this moment. Those are some sexy numbers even if their business is selling unsexy carpet and other flooring materials.
It's not a bad stock. My issue is there is no dividend......and the revenue growth is ok nothing that jumps off the page that makes me think if I hold this long term that I will be rewarded greatly. In fact the last 5 years the stock has not been a great investment. 

If this company had a 2.5-3% yield and a growing dividend to go along with the value numbers.....it would be far more sexy to me as a really nice value play.

I am neutral on it. 

 
Last edited by a moderator:
Todem said:
Emotions. 

Be patient. This is only the start. More to come especially in 2022. 
I agree which is why I have 25 short term SPXS calls.  I think today's sell off is just the beginning and as the headlines from Omnicron get worse, it accelerates selling.  However I also believe it will be short term and things bounce back rather quickly. 

 
Capella said:
Amazon is currently only up 15 bucks on the year. Might scrounge some up and buy some more. 
Makes sense. Their 2021 revenue is only up 27% (Q1-Q3 since we haven’t gotten Q4 yet). Apple is up 33% (Q4 is last quarter) revenue wise after 4% growth from 2018-2020. Apple stock is up 28% on the year.

Amazon definitely appears to not be expensive right now.

 
Capella said:
Amazon is currently only up 15 bucks on the year. Might scrounge some up and buy some more. 


Makes sense. Their 2021 revenue is only up 27% (Q1-Q3 since we haven’t gotten Q4 yet). Apple is up 33% (Q4 is last quarter) revenue wise after 4% growth from 2018-2020. Apple stock is up 28% on the year.

Amazon definitely appears to not be expensive right now.


:wall:

 
I've been out and about today.  Was there any news that made the market bounce a little afterhours and in futures or is it just the market doing the market's normal volatile things right now?

 
I've been out and about today.  Was there any news that made the market bounce a little afterhours and in futures or is it just the market doing the market's normal volatile things right now?


JMHO but "buy the dips" is still a thing.  Going by my feeble memory pretty much every correction follows days like today with a tick up.  So I think we see a series of days of see saw action that will overall lead to a larger losses, unless God forbid, people with  Omnicron starts overwhelming hospitals causing shutdowns again.  Also, BBB getting killed took an expected 2 trillion in government spending out of the equation. Also as @Todemmentioned there's a lot of new "investors", aka "scared money" that will help accelerate sell offs.  From what I read, most analysts expect volatility to ease in 2Q22.

 
Glad I did my tax harvesting a few weeks earlier than I normally would  this year.  Every one of those dogs is down.  I'm planning on buying back ME, CGC, EXAS, BLDP and because I'm a glutton for punishment, DKNG. 

 
Glad I did my tax harvesting a few weeks earlier than I normally would  this year.  Every one of those dogs is down.  I'm planning on buying back ME, CGC, EXAS, BLDP and because I'm a glutton for punishment, DKNG. 
Yeah, I had a few more I wish I trimmed some winners but I’m glad I dumped a bunch of dogs because they are all down considerably since my trimming in late October/early November. Most was in my IRA so taxes wouldn’t have mattered.

Oh well, got a nice amount of cash if I want to deploy any soon.

 
SuperBook and Fubo just went live here in AZ over the weekend. That’s now 11 different legal sports betting apps I have on my phone with at least a couple more to come.
I definitely could have sold that closer to the top but damn glad I sold it. I think it was in my taxable account but I only had 100 shares anyway.

 
I’ve started CVS recently and added to AXON recently. Not interested in the others enough to look into them but that doesn’t mean they aren’t good. Might look at Walmart or Target as I’m looking to add one more normal-ish stock to my portfolio but I haven’t reviewed them recently.

 
I've been out and about today.  Was there any news that made the market bounce a little afterhours and in futures or is it just the market doing the market's normal volatile things right now?


News out late yesterday more or less says booster of pz or moderna makes you sterilized immunity to Omni   

 

Users who are viewing this thread

Back
Top