Stock Thread (21 Viewers)

[beef]

RIDE finally going bankrupt. So long 2020. Those was some fun gambling times.

 

[stbugs]

RIDE finally going bankrupt. So long 2020. Those was some fun gambling times.

I made a nice chunk of change on a few of those SPACs and CYDY. Makes up for holding some other stuff too long SMH.

 

[beef]

DWAC is looking to vote for another year long extension as they continue to try to merge with TMTG. Price has continued to float between 12.50 and 13.00 a share. Still looks like the merger odds are close to zero.

I thought there was a SPAC rule that there must be a merger within like a 2 year time period or the SPAC has to be shutdown and funds returned.

 

[Bogart]

DWAC is looking to vote for another year long extension as they continue to try to merge with TMTG. Price has continued to float between 12.50 and 13.00 a share. Still looks like the merger odds are close to zero.

I thought there was a SPAC rule that there must be a merger within like a 2 year time period or the SPAC has to be shutdown and funds returned.

That was my understanding as well. Nothing about this SPAC is normal. A three year wait just seems excessive.

 

[stbugs]

DWAC is looking to vote for another year long extension as they continue to try to merge with TMTG. Price has continued to float between 12.50 and 13.00 a share. Still looks like the merger odds are close to zero.

I thought there was a SPAC rule that there must be a merger within like a 2 year time period or the SPAC has to be shutdown and funds returned.

I don’t think there is a limit, just need to have some votes to extend the period. I think unless it’s an extreme scenario like DWAC (with a candidate who might be president again), they’d shut it down.

 

[McBokonon]

Whaaaaa? YOU DON’T SAY!

SEC.gov | SEC Charges Former DWAC Board Member and Others for Insider Trading in DWAC Securities

www.sec.gov

SEC Charges Former DWAC Board Member and Others for Insider Trading in DWAC Securities

Defendants made tens of millions of dollars from illegally trading on nonpublic knowledge of DWAC’s plan to acquire Trump Media & Technology Group Corp.

 

[Bogart]

Whaaaaa? YOU DON’T SAY!

SEC.gov | SEC Charges Former DWAC Board Member and Others for Insider Trading in DWAC Securities

www.sec.gov

SEC Charges Former DWAC Board Member and Others for Insider Trading in DWAC Securities

Defendants made tens of millions of dollars from illegally trading on nonpublic knowledge of DWAC’s plan to acquire Trump Media & Technology Group Corp.

I tell ya, I'm shocked. Shocked I say.

DWAC fanboys, who have been roasting the SEC, now are saying this is good news, and now should clear the way for a clean merger between DWAC and TMTG.

 

[Bears_Man2]

Decision on student loan forgiveness expected this AM.

 

[fruity pebbles]

Decision on student loan forgiveness expected this AM.

Struck down

 

[Schmeabs]

Decision on student loan forgiveness expected this AM.

Another L for the Big Guy

 

[Todem]

PPL back on our buy list.

$30 target.

 

[The Man With No Name]

Love these +3% days

 

[ConstruxBoy]

Sold a little bit of my PLTR just to take some risk off the table. In at $6.64, out at $16.27. Wish all my speculative plays worked this well.

 

[Capella]

Love these +3% days

Yea I like those days too but unfortunately I’m 5% away from that today.

 

[stbugs]

Love these +3% days

Yea I like those days too but unfortunately I’m 5% away from that today.

Shocked I ended up green with Amazon and others taking a dump.

 

[stbugs]

Sold a little bit of my PLTR just to take some risk off the table. In at $6.64, out at $16.27. Wish all my speculative plays worked this well.

Did you sell all of your old buys? I feel like you were a big fan way back before it got to single digits. I owned them for a bit but sold back in the 20s, I think.

 

[Capella]

Love these +3% days

Yea I like those days too but unfortunately I’m 5% away from that today.

Shocked I ended up green with Amazon and others taking a dump.

Actually just looked and landed at -0.60. I’ll take it. This morning was ugly.

 

[Pipes]

Have a day UWMC!

 

[McBokonon]

I had a 2021 kind of day today.

 

[BassNBrew]

Have a day UWMC!

What happened? No news on cnbc or yahoo.

 

[McBokonon]

Have a day UWMC!

What happened? No news on cnbc or yahoo.

I don’t think anything company-specific. Lots of smaller companies that got hammered when the rate hikes started had good days.

 

[ConstruxBoy]

Sold a little bit of my PLTR just to take some risk off the table. In at $6.64, out at $16.27. Wish all my speculative plays worked this well.

Did you sell all of your old buys? I feel like you were a big fan way back before it got to single digits. I owned them for a bit but sold back in the 20s, I think.

No, sold about 10% of what I bought around $6-$7. Nice to get some out of a speculative investment but I feel strongly enough about it that it's worth risking the rest to see what happens.

 

[stlrams]

3 days away from selling large position of soxl. Average in at 12.65.. will be the biggest hit for me ever. Wish me luck.

 

[Desert_Power]

Have a day UWMC!

What happened? No news on cnbc or yahoo.

I don’t think anything company-specific. Lots of smaller companies that got hammered when the rate hikes started had good days.

Good day for a lot of dumb crap I own. Would be nice to see UWMC go after the YTD high.

 

[BassNBrew]

Have a day UWMC!

What happened? No news on cnbc or yahoo.

I don’t think anything company-specific. Lots of smaller companies that got hammered when the rate hikes started had good days.

Good day for a lot of dumb crap I own. Would be nice to see UWMC go after the YTD high.

Yeah...I own enough of this stuff I'll be sitting by Mat this fall at the Footprint Center.

I may trim before the next earning.

 

[JB Breakfast Club]

3% inflation? Let's GOOOOOOO!

 

[Capella]

3% inflation? Let's GOOOOOOO!

Let’s making some MF moneeeeeeeeeey

 

[Capella]

Shopify on quite the heater. In the green now on all accounts. Not sure how much I trust it to keep going, may pull the rip cord. Anybody else have thoughts here? Know a few people own a good chunk of it, or they did.

 

[BassNBrew]

Shopify on quite the heater. In the green now on all accounts. Not sure how much I trust it to keep going, may pull the rip cord. Anybody else have thoughts here? Know a few people own a good chunk of it, or they did.

Thanks for the heads up. Sold mine so you can hang on to yours and profit more.

Speaking of heaters...my retirement accounts are now up almost 50% on the year. I've been trimming to lock in some gains, but so glad I ignored all the negative sentiment at the beginning of the year.

 

[-OZ-]

haven’t followed along here much and mostly indexing still but a guy I ride bicycles with has a Rivian truck I admired a while ago. Decided to put a few thousand into it; I think this is the fastest Double I’ve hit ever. Really wish I had gone with more, but Thems the brakes.

 

[stbugs]

Shopify on quite the heater. In the green now on all accounts. Not sure how much I trust it to keep going, may pull the rip cord. Anybody else have thoughts here? Know a few people own a good chunk of it, or they did.

I only have 60 shares. I bought at 32 so it’s up nicely. My son bought 2 shares a month or two ago and is up 60%+ so he’s happy. I should have sold it at the peak when I thought about it but glad I held on so it’s still better than doubled. I’m not sure how much I love it going forward but we seem to be an upswing right now so not really selling anything yet.

 

[BassNBrew]

haven’t followed along here much and mostly indexing still but a guy I ride bicycles with has a Rivian truck I admired a while ago. Decided to put a few thousand into it; I think this is the fastest Double I’ve hit ever. Really wish I had gone with more, but Thems the brakes.

Just my opinion, but sell,

Rivian market cap 24.5 billion, Ford 61 billion.

Rivian is aiming for 50,000 deliveries this year. Ford is targeting 600,000 run rate for EVs (150,000 for the Lightning) by the end this year and 2 million by the end of 2026.

Rivian is priced like a tech company, it's not.

 

[pecorino]

Shopify on quite the heater. In the green now on all accounts. Not sure how much I trust it to keep going, may pull the rip cord. Anybody else have thoughts here? Know a few people own a good chunk of it, or they did.

I sold over a month ago. You’re welcome. And, of course, I’d trim heavy here.

 

[FreeBaGeL]

haven’t followed along here much and mostly indexing still but a guy I ride bicycles with has a Rivian truck I admired a while ago. Decided to put a few thousand into it; I think this is the fastest Double I’ve hit ever. Really wish I had gone with more, but Thems the brakes.

Just my opinion, but sell,

Rivian market cap 24.5 billion, Ford 61 billion.

Rivian is aiming for 50,000 deliveries this year. Ford is targeting 600,000 run rate for EVs (150,000 for the Lightning) by the end this year and 2 million by the end of 2026.

Rivian is priced like a tech company, it's not.

I am no fan of Rivian (the stock I mean, the cars seem really cool) but you can't really compare these new age EV companies with legacy automakers based on pure sales volume. These legacy automakers are stuck with huge fixed costs with pensions and dealerships that are going to have them at a huge disadvantage on their margins forever.

Also FWIW, Ford can say whatever they want for their "targets". I'm not sure what the last couple months have done but as of May they had only delivered 3,000 Lightnings in 2023.

 

[-OZ-]

haven’t followed along here much and mostly indexing still but a guy I ride bicycles with has a Rivian truck I admired a while ago. Decided to put a few thousand into it; I think this is the fastest Double I’ve hit ever. Really wish I had gone with more, but Thems the brakes.

Just my opinion, but sell,

Rivian market cap 24.5 billion, Ford 61 billion.

Rivian is aiming for 50,000 deliveries this year. Ford is targeting 600,000 run rate for EVs (150,000 for the Lightning) by the end this year and 2 million by the end of 2026.

Rivian is priced like a tech company, it's not.

Of course now it falls a bit. I’ll probably put the order in for half the shares at 2x my purchase price. Ride the “free” shares.

 

[Sand]

Speaking of heaters...my retirement accounts are now up almost 50% on the year. I've been trimming to lock in some gains, but so glad I ignored all the negative sentiment at the beginning of the year.

I'm at +18.5% for the year so far and am quite happy with that. Not sure I want to see what you have that has juiced you to 50%. If the 10 year would just start moderating a bit and not getting crushed over and over I'd really be killing it this year.

Lately all I've been doing is reinvesting dividends that have piled up and rolling over some CDs. At 5.5% I'm actually pretty excited about these. Also been buying a couple corporate bonds - latest one at 5.8% locked in for 5 years. Heck, if I could get that in CDs for the next 30 years I'd just dump all stocks, take the 6%, and retire.

 

[General Malaise]

Speaking of heaters...my retirement accounts are now up almost 50% on the year. I've been trimming to lock in some gains, but so glad I ignored all the negative sentiment at the beginning of the year.

I'm at +18.5% for the year so far and am quite happy with that. Not sure I want to see what you have that has juiced you to 50%. If the 10 year would just start moderating a bit and not getting crushed over and over I'd really be killing it this year.

Lately all I've been doing is reinvesting dividends that have piled up and rolling over some CDs. At 5.5% I'm actually pretty excited about these. Also been buying a couple corporate bonds - latest one at 5.8% locked in for 5 years. Heck, if I could get that in CDs for the next 30 years I'd just dump all stocks, take the 6%, and retire.

It is quite nice having an option of fixed income again.

 

[kevzilla]

The old man has a CD rolling off on 9/28. I told him he has a good chance of doing better the second time around.

 

[kevzilla]

The numbers next to AMZN are green. What means this?

 

[McBokonon]

The numbers next to AMZN are green. What means this?

It’s up more than 60% this year.

 

[-OZ-]

haven’t followed along here much and mostly indexing still but a guy I ride bicycles with has a Rivian truck I admired a while ago. Decided to put a few thousand into it; I think this is the fastest Double I’ve hit ever. Really wish I had gone with more, but Thems the brakes.

Just my opinion, but sell,

Rivian market cap 24.5 billion, Ford 61 billion.

Rivian is aiming for 50,000 deliveries this year. Ford is targeting 600,000 run rate for EVs (150,000 for the Lightning) by the end this year and 2 million by the end of 2026.

Rivian is priced like a tech company, it's not.

I am no fan of Rivian (the stock I mean, the cars seem really cool) but you can't really compare these new age EV companies with legacy automakers based on pure sales volume. These legacy automakers are stuck with huge fixed costs with pensions and dealerships that are going to have them at a huge disadvantage on their margins forever.

Also FWIW, Ford can say whatever they want for their "targets". I'm not sure what the last couple months have done but as of May they had only delivered 3,000 Lightnings in 2023.

haven’t followed along here much and mostly indexing still but a guy I ride bicycles with has a Rivian truck I admired a while ago. Decided to put a few thousand into it; I think this is the fastest Double I’ve hit ever. Really wish I had gone with more, but Thems the brakes.

Just my opinion, but sell,

Rivian market cap 24.5 billion, Ford 61 billion.

Rivian is aiming for 50,000 deliveries this year. Ford is targeting 600,000 run rate for EVs (150,000 for the Lightning) by the end this year and 2 million by the end of 2026.

Rivian is priced like a tech company, it's not.

Of course now it falls a bit. I’ll probably put the order in for half the shares at 2x my purchase price. Ride the “free” shares.

Didn’t do this, sold all at $26.00. Guess that worked out alright (thanks for pushing me in that direction)

 

[BassNBrew]

haven’t followed along here much and mostly indexing still but a guy I ride bicycles with has a Rivian truck I admired a while ago. Decided to put a few thousand into it; I think this is the fastest Double I’ve hit ever. Really wish I had gone with more, but Thems the brakes.

Just my opinion, but sell,

Rivian market cap 24.5 billion, Ford 61 billion.

Rivian is aiming for 50,000 deliveries this year. Ford is targeting 600,000 run rate for EVs (150,000 for the Lightning) by the end this year and 2 million by the end of 2026.

Rivian is priced like a tech company, it's not.

I am no fan of Rivian (the stock I mean, the cars seem really cool) but you can't really compare these new age EV companies with legacy automakers based on pure sales volume. These legacy automakers are stuck with huge fixed costs with pensions and dealerships that are going to have them at a huge disadvantage on their margins forever.

Also FWIW, Ford can say whatever they want for their "targets". I'm not sure what the last couple months have done but as of May they had only delivered 3,000 Lightnings in 2023.

haven’t followed along here much and mostly indexing still but a guy I ride bicycles with has a Rivian truck I admired a while ago. Decided to put a few thousand into it; I think this is the fastest Double I’ve hit ever. Really wish I had gone with more, but Thems the brakes.

Just my opinion, but sell,

Rivian market cap 24.5 billion, Ford 61 billion.

Rivian is aiming for 50,000 deliveries this year. Ford is targeting 600,000 run rate for EVs (150,000 for the Lightning) by the end this year and 2 million by the end of 2026.

Rivian is priced like a tech company, it's not.

Of course now it falls a bit. I’ll probably put the order in for half the shares at 2x my purchase price. Ride the “free” shares.

Didn’t do this, sold all at $26.00. Guess that worked out alright (thanks for pushing me in that direction)

If it goes up further, but only had a 33% chance of increasing vs. a 67% chance of decreasing, you still made the right decision.

 

[McBokonon]

I think they’ve been a terribly run company for a very long time. This is one of those cases where the stock price accurately reflects the company’s real life performance.

This is my response to someone mentioning $T. That company is a dumpster fire.

Update: still a dumpster fire. I hope everyone’s avoided this value trap.

 

[Sand]

I think they’ve been a terribly run company for a very long time. This is one of those cases where the stock price accurately reflects the company’s real life performance.

This is my response to someone mentioning $T. That company is a dumpster fire.

Update: still a dumpster fire. I hope everyone’s avoided this value trap.

CEO of AT&T.

 

[Capella]

Bought more Disney today because I’m a sucker but also because I guess it’s a pretty good value to me at this price.

Lot of people discussing Apple buying them out, which I’m sure will never happen but still interesting to think about.

 

[FreeBaGeL]

Bought more Disney today because I’m a sucker but also because I guess it’s a pretty good value to me at this price.

Lot of people discussing Apple buying them out, which I’m sure will never happen but still interesting to think about.

I'm a big Disney guy and own a bunch but I'm a little worried about their next few earnings reports. I manage vacation rental properties in the area and this summer underperformed most people's expectations in lodging revenue. Could of course just mean more people staying on property at Disney (not to mention oversaturation in the Airbnb market) but I'm also in a lot of Disney groups where people were posting photos of how unusually uncrowded the parks were and how surprisingly short a lot of the ride waits were compared to a typical July (which despite the heat is usually the #1 or #2 most popular month for Disney).

To be fair July was sweltering but it's Florida in July so it's not like it's ever cool. I did see a lot of people posting that the waterparks were packed so maybe more people were just audibling to there due to the heat. And also to be fair the spring break revenue for my properties was the highest ever by a lot, so maybe people just visited earlier in the year this year.

Just something to chew on, but I'll be buying some more as well as I love the company long-term.

 

[ghostguy123]

Verizon down a lot also.
I didn't realize Verizon had almost an 8% dividend

 

[FreeBaGeL]

Verizon down a lot also.
I didn't realize Verizon had almost an 8% dividend

Like T, that's mostly because the stock price has gone down so much while the dividend hasn't changed much (yet).

 

[Capella]

Bought more Disney today because I’m a sucker but also because I guess it’s a pretty good value to me at this price.

Lot of people discussing Apple buying them out, which I’m sure will never happen but still interesting to think about.

I'm a big Disney guy and own a bunch but I'm a little worried about their next few earnings reports. I manage vacation rental properties in the area and this summer underperformed most people's expectations in lodging revenue. Could of course just mean more people staying on property at Disney (not to mention oversaturation in the Airbnb market) but I'm also in a lot of Disney groups where people were posting photos of how unusually uncrowded the parks were and how surprisingly short a lot of the ride waits were compared to a typical July (which despite the heat is usually the #1 or #2 most popular month for Disney).

To be fair July was sweltering but it's Florida in July so it's not like it's ever cool. I did see a lot of people posting that the waterparks were packed so maybe more people were just audibling to there due to the heat. And also to be fair the spring break revenue for my properties was the highest ever by a lot, so maybe people just visited earlier in the year this year.

Just something to chew on, but I'll be buying some more as well as I love the company long-term.

Yea we went a few times in June and July. It was certainly not empty but if you told me it was lower capacity than July 2019 I’d believe that too. Lot of rides at 60-75 minute waits though.

 

[stlrams]

Bought more Disney today because I’m a sucker but also because I guess it’s a pretty good value to me at this price.

Lot of people discussing Apple buying them out, which I’m sure will never happen but still interesting to think about.

I'm a big Disney guy and own a bunch but I'm a little worried about their next few earnings reports. I manage vacation rental properties in the area and this summer underperformed most people's expectations in lodging revenue. Could of course just mean more people staying on property at Disney (not to mention oversaturation in the Airbnb market) but I'm also in a lot of Disney groups where people were posting photos of how unusually uncrowded the parks were and how surprisingly short a lot of the ride waits were compared to a typical July (which despite the heat is usually the #1 or #2 most popular month for Disney).

To be fair July was sweltering but it's Florida in July so it's not like it's ever cool. I did see a lot of people posting that the waterparks were packed so maybe more people were just audibling to there due to the heat. And also to be fair the spring break revenue for my properties was the highest ever by a lot, so maybe people just visited earlier in the year this year.

Just something to chew on, but I'll be buying some more as well as I love the company long-term.

Read a long article the other day about disney detailing how the parks are no longer affordable for most people. The average cost for a family of four during non peak in a low budget on property for 4 days was $7000. They compared that to other vacation costs that showed variours cheaper options. In addition, they slammed espn operation as bloated and misguided. Forgoing major sports for minor low budget sports while trying to support expensive personalpities.