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DIS moving down again.  I wonder if the glory days are over for them.  I hate all the money they throw at their streaming business.  Seems like a better model would be to sell  their streaming content to someone like Amazon.  Then you have Covid starting to make a return, what a mess.

 
DIS moving down again.  I wonder if the glory days are over for them.  I hate all the money they throw at their streaming business.  Seems like a better model would be to sell  their streaming content to someone like Amazon.  Then you have Covid starting to make a return, what a mess.
Their glory days are over the same way people my age think everybody younger than me are lazy, good for nothing, spoiled brats. ;)

It's cyclical. They'll be fine. 

 
DIS moving down again.  I wonder if the glory days are over for them.  I hate all the money they throw at their streaming business.  Seems like a better model would be to sell  their streaming content to someone like Amazon.  Then you have Covid starting to make a return, what a mess.
Parks are stuffed full of people and Disney+ is a huge success. They’re going to be more than fine. Elite company. 

 
Amazon taking a 2% stake in Grubhub, maybe up to 15%?  I like it.  I guess that's one way to make Arby's meat "Prime" and can get it delivered with Charmin, baby wipes, Pepto, Tums, and the whole diarrhea kit.  

 
$GME announces 4/1 split previously announced. Going up even though everyone knew it was coming.

I presume this is to create liquidity so the synthetic shorts have to cover their organic shares on the metamarket before the next Big Event or something like that.


It's in the form of a dividend which can (and will likely) make a huge difference with the amount of FTDs/synthetic shares surrounding this stock. There is still time to board the rocket ship, but the window is closing.

 
It may not be a crash like last time however I think things will get ugly really fast.  The situation is very similar except this time we have inflation to deal with too. 


Prediction:  It will come out in the 2-4 months that the big money has been snatching up shares of quality companies like Todem listed.  The rebound will already be well on its way.  We will all be posting that we wished we had more money to buy more too. 


I'm certainly not right all the time, or even most of the time, but just heard an analyst on CNBC state people are starting to tell her they wish they would have been buying at the end of March. 

 
Their IP alone is worth 97 billion and it isn't going anywhere. 
However, they are under obligation to purchase the remaining 33 percent of Hula for a minimum of 27.5 billion by 1/24, from Comcast. The buyout cannot be less then this amount but could be more based on a third party value evaluation.  I think Disney is a good company, traded it many times and made money, but don’t currently own it.  I don’t think it  gets back to north of 200.00 in the near future.  I love the parks, movie business, but I think streaming in general is a challenging business.  I hope it goes to the moon to those that own it, just not my flavor at this time.

 
$GME announces 4/1 split previously announced. Going up even though everyone knew it was coming.

I presume this is to create liquidity so the synthetic shorts have to cover their organic shares on the metamarket before the next Big Event or something like that.
🤣

WhEn Is ThE nExT bIg DaTe? 

 
I did a lot of buying in March and uhhhhh would have preferred waiting a few weeks. But, still happy about the prices I got them at. 
 

Except maybe Shopify. 


Good example of one I was very wrong about and got in too early. 70% off all time high was too good to resist.  I still think we'll be very happy in a few years GB. 

 
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I think she must have meant May right? 
That would be better at least since the end of March was the sharpest rally we've had this year, but we're still a decent amount lower than we were at the end of May too.

I didn't hear the comments, but they seem strange to me. Especially for longer term prospects, it's not like anyone missed the boat- most things are only marginally off their lows.

 
Good example of one I was very wrong about and got in too early. 70% off all time high was too good to resist.  I still think we'll be very happy in a few years GB. 
Yea I don’t regret it at all. I certainly don’t need it to go to 1400 again or anything like that for it to be a successful play. 

 
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Not going to set up a poll, but wondering if folks in here feel like the bottom was put in when the S&P hit 3636 in mid-June. It's sitting at 3893 on this up day. We're only about 7% above that bottom and things feel so shaky that a drop below that prior low seems possible, but of course I'm hoping that the bottom's in. What say you?

 
On 6/27/2022 at 8:14 PM, 2Squirrels1Nut said:
I have:

8, $25 put contracts that expire 7/15

100, $10 put contracts that expire 9/16

Unfortunately I have all the money I can afford to lose shorting DWAC or I would be buying even more.  Probably the 1/20/23 which are around $0.80 just to be safe.  Unfortunately @General Malaise has made it clear not to use margin or ask him for money.  ;)
Expand  


The bolded have not only have not risen with the sell off but have gone down.  I reason it's because people think it won't exist by then making them worthless?


Anyone on the bolded? 

Sold 6/8 of the July puts for a small profit.  I was looking to sell all of them today but a big spike up.  Didn't see the spike coming, should have listened to my gut and sold all of them yesterday. :(
Sold the other 2 7/15 puts for $3.25 for a $150 or so profit.  The ask was down to $2.25 this morning and figured what the heck, a profit is a profit.

Now.....let's get busy :)

 
DWAC options I still hold:

100, $10 put contracts that expire 9/16/22, average cost $0.30

I just added:

20, $10 put contracts that expire 12/16/22 for $0.40 each

 
Sold these for a $70 gain.  Rumors the Fed is going to stop raising interest rates has knocked it down.  Nothing for certain of course but I bought on the belief there would be at least two more increases this year. 

 
I'm leaning towards we're at the bottom, or in a bottom-ish range.  Not suggesting we don't see a re-test of the S&P 3600's, but I'd be surprised if we saw 3200's (another 10 pt drop from recent lows), shocked to dip 20 pts down and below 3000.  For me, I'm less concerned about the bottom or that we're going to have a sharp "V" and I need to target that to buy.  This one seem more "U" like, and instead of testing new lows, we'll just be treading water in the shallows for a while (months, qtrs, year, cir. 2008-2010??).  I'll keep adding as more funds come available.  

No one is predicting great earnings.  Every day more forecasts are being dropped, price targets lowered, expectations dwindled and the word "recession" is being said more than "hello", "inflation" as much as "the".  None of this is news.  I think it would take something really catastrophic or unexpected to see 2900's or lower, imo...   But I'm plenty guilty of being overly bullish at times.    

 
GameStop CFO is leaving the company, retailer announces layoffs

PUBLISHED THU, JUL 7 20224:35 PM EDT

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This is breaking news. Please check back for updates.

 
GameStop CFO is leaving the company, retailer announces layoffs

PUBLISHED THU, JUL 7 20224:35 PM EDT

SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

This is breaking news. Please check back for updates.
"I'm taking my financial engineering talents to South Beach." 

 
Getting a nice end of the year bonus at the end this month. Thinking about investing it now. Going to buy to 2 to 4 stocks to add to the portfolio any suggestions? Pretty sure one will be Ford. 

 
Speaking of SHOP...Just sent this email to my brother:

I see an opportunity to make a decent percentage in just 3 weeks on a relatively safe play. I don't love buying a stock that just rose 7% in one day but...SHOP is trading at around $35 after the split. It's been beat up like lots of stuff and it is a name I wouldn't mind owning long term. If you buy 100 shares at $35 then immediately sell the call for July 29 with $38 strike, it is selling for over $2. That's after earnings, and why the premium is so high. But earnings across the board this quarter don't look great and, hey, if it does blow through the $38 strike price, well then you collect $200 for the call and $300 on the trade or $500 on a $3500 outlay.

Sure, it could tank on earnings. Then it becomes a long term hold and if / when it gets back to the $33 to $35 level, sell it outright or sell calls again. I like the play a lot. The call premium is super elevated so I like selling those. I'll look at it again in the morning.

 
GameStop CFO is leaving the company, retailer announces layoffs

PUBLISHED THU, JUL 7 20224:35 PM EDT

SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

This is breaking news. Please check back for updates.
Second CFO who basically lasted a year. What happened to the we’re going e-commerce route now that they want to invest in stores? They increased inventory on there last call when Target admitted they built inventory too much. Something tells me the CFO doesn’t want to try and spin a story that rising inventory is good for them when everyone else warned about it.

 
Second CFO who basically lasted a year. What happened to the we’re going e-commerce route now that they want to invest in stores? They increased inventory on there last call when Target admitted they built inventory too much. Something tells me the CFO doesn’t want to try and spin a story that rising inventory is good for them when everyone else warned about it.
You just don't get it. 🚀 🌕 🔷🙌

 
I'm only down 86% now!  🚀
I still wonder how much that Whyatt guy lost. He recommended it at $6.60 pre reverse split so it’s down 93% from there. If he was truthful about buying enough to lower his cost basis in the teens after buying a ton in the 30s, it was a lot of money.

 
Averaged down a lot, so 70% here :hifive:  


Only 17% here.  Sold half in the mid 20s and dumped the rest when we got a small bounce after the bad news.  Someone here recommended doing that and I forget who.  They saved me a bunch of money because I bought those shares back at $2.81.

That said, I have a slew of 70%ers to be proud of.

 
Only 17% here.  Sold half in the mid 20s and dumped the rest when we got a small bounce after the bad news.  Someone here recommended doing that and I forget who.  They saved me a bunch of money because I bought those shares back at $2.81.

That said, I have a slew of 70%ers to be proud of.
Yea we’ll get one more get out of jail free chance with these NIH trial results. If it’s a bust it’s over. We’ll see, it’s the ultimate gambling. I kinda love it. 

 
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