Stock Thread (14 Viewers)

[NajehHejan]

@Todem You mind sharing your updated list? TIA!

 

[Todem]

@Todem You mind sharing your updated list? TIA!

AAPL
ABBV
AEP
AMZN
BA
CAT
CMI
COP
CVX
DE
DIS
DOW
EMR
EXC
GIS
GLPI
GOOGL
HD
JPM
KO
LMT
LYB
MCD
MRK
MSFT
META
NEE
NKE
O
PEP
PFE
PG
PM
PPL
QCOM
RTX
TGT
UNH
VZ
WMT

CLOSED END FUNDS

ADX
PEO

Equity alternative Hedges high yield (covered call overwrite strategies and convertible bond income fund)
BXMX
DIAX
QQQX
JEPI
GCV

I do not reinvest the dividends of the above equity hedge strategies. They go to cash and we buy more in the master list quarterly.

We sold SHOP, NFLX and NVDA (no regrets) and did ok (especially on NVDA and NFLX) but took a small loss on SHOP.

I will look to re-enter both NVDA and NFLX but they are overvalued and just too rich here.

QS was a big tax loss
BLDP still on the books…..I still believe in their IP and one day being bought by a giant like a CMI. But it makes sense to use it as a tax harvest if you like and then buy it back after 31 days if you want to potentially recoup if things go right long term for them.

This is why I put all my serious money in the master list and play around with one off’s like QS and BLDP.

 

[Todem]

Added a few I missed above FYI

MRK
QCOM

 

[Judge Smails]

So total of about 50. If $100K would you just do the equivalent of $2K each or different weighting?

 

[Todem]

So total of about 50. If $100K would you just do the equivalent of $2K each or different weighting?

If you want 100% equity with no equity hedge alts.....40 positions

The two closed ends are if you have a smaller account 25K or less.

Here are the weightings based on long term growth goal:

AAPL - 5%
ABBV - 2%
AEP - 2%
AMZN - 3%
BA - 2%
CAT - 3%
CMI - 2%
COP - 2%
CVX - 2%
DE - 5%
DIS - 2%
DOW - 2%
EMR - 2%
EXC - 2%
GIS - 2%
GLPI - 3%
GOOGL - 5%
HD - 2%
JPM - 2%
KO - 2%
LMT - 2%
LYB - 2%
MCD - 2%
MRK - 2%
MSFT - 5%
META - 5%
NEE - 2%
NKE - 2%
O - 3%
PEP - 2%
PFE - 2%
PG - 2%
PM - 3%
PPL - 2%
QCOM - 2%
RTX - 2%
TGT - 2%
UNH - 2%
VZ - 2%
WMT - 2%

 

[Capella]

Apple and Amazon reporting today

 

[The General]

Apple and Amazon reporting today

 

[Capella]

Looks like good news for our beloved Amazon.

 

[JB Breakfast Club]

FTNT bad
AMZN good

 

[fruity pebbles]

Apple meh. Not sure how it maintains this multiple with negative revenue growth.

 

[JB Breakfast Club]

FLGT! Who's still carrying? (+16% pre-market)

 

[McBokonon]

FLGT! Who's still carrying? (+16% pre-market)

 

[stbugs]

FLGT! Who's still carrying? (+16% pre-market)

Me too. Been sitting on it for a while. It’s still barely trading for more than the cash and investments on hand.

 

[McBokonon]

FLGT! Who's still carrying? (+16% pre-market)

Me too. Been sitting on it for a while. It’s still barely trading for more than the cash and investments on hand.

I still have governance concerns but I’m hanging in there. I usually bail quickly (NNOX) as soon as I have governance issues or don’t get involved at all (EBS when it was first introduced here.)

But, yeah, they have a ton of cash and the core business is rolling along. My position is small enough to wait but big enough that a 16% jump will be felt.

 

[stbugs]

Apple meh. Not sure how it maintains this multiple with negative revenue growth.

They are a cash machine but you are correct. The stock has quadrupled over the past 5 years and revenue is up about 45%. Earnings are great but they are now in a flatter state. The multiples imply growth. They won’t be selling tons more iPhones each year because they are saturated and it reminds me of that time for PCs when (outside Covid) you realized you didn’t need to upgrade anymore unless you had a very specific need like a gamer.

 

[stbugs]

FLGT! Who's still carrying? (+16% pre-market)

Me too. Been sitting on it for a while. It’s still barely trading for more than the cash and investments on hand.

I still have governance concerns but I’m hanging in there. I usually bail quickly (NNOX) as soon as I have governance issues or don’t get involved at all (EBS when it was first introduced here.)

But, yeah, they have a ton of cash and the core business is rolling along. My position is small enough to wait but big enough that a 16% jump will be felt.

I agree, just know that the core business is growing at 48% and they have a lot of cash. I didn’t like the purchase they made but COVID set them up really well to even absorb a bad deal and we don’t even know if it is a bad deal. God forbid that drug has good results somehow.

It’s about a 1% holding for me but it’ll still be felt and glad to see the pop.

 

[kevzilla]

With AMZN set to pop, I wonder how the jobs report is going to screw it up....

 

[stbugs]

With AMZN set to pop, I wonder how the jobs report is going to screw it up....

Wait till SNAP’s announcement that they have to restate earnings.

 

[JB Breakfast Club]

FLGT! Who's still carrying? (+16% pre-market)

And...it's gone

 

[McBokonon]

FLGT! Who's still carrying? (+16% pre-market)

And...it's gone

:wetfart:

 

[stbugs]

FLGT! Who's still carrying? (+16% pre-market)

And...it's gone

There’s a lot of red out there. I think Amazon is helping to hide some of that.

 

[Craig_MiamiFL]

 

[kevzilla]

I sold a very thin slice of AMZN. Feels like we're rolling over really hard here.

 

[pecorino]

No news on MRNA yet it is down 9% on the day and about 15% in one week. Sports an EPS of 11.63 and P/E of 8.50. I don't think the pipeline is barren but not well versed on that. Anyone know what's happening with MRNA? The earnings call last week was at least neutral if not optimistic.

 

[McBokonon]

No news on MRNA yet it is down 9% on the day and about 15% in one week. Sports an EPS of 11.63 and P/E of 8.50. I don't think the pipeline is barren but not well versed on that. Anyone know what's happening with MRNA? The earnings call last week was at least neutral if not optimistic.

Biotech is getting beat up in general today - might not be anything specific to MRNA. BNTX reported and is getting hammered, so probably related to that, too.

 

[pecorino]

No news on MRNA yet it is down 9% on the day and about 15% in one week. Sports an EPS of 11.63 and P/E of 8.50. I don't think the pipeline is barren but not well versed on that. Anyone know what's happening with MRNA? The earnings call last week was at least neutral if not optimistic.

Biotech is getting beat up in general today - might not be anything specific to MRNA. BNTX reported and is getting hammered, so probably related to that, too.

Thanks, I hadn’t noticed. MRNA at a multi year low. I’m buying.

 

[Timmay]

PLTR reporting after bell. Are we expecting anything good?

 

[FreeBaGeL]

PLTR reporting after bell. Are we expecting anything good?

It's up 150% since their last earnings call. That kind of thing always scares me because there is a lot of extra room to fall if earnings are disappointing.

 

[stbugs]

No news on MRNA yet it is down 9% on the day and about 15% in one week. Sports an EPS of 11.63 and P/E of 8.50. I don't think the pipeline is barren but not well versed on that. Anyone know what's happening with MRNA? The earnings call last week was at least neutral if not optimistic.

Biotech is getting beat up in general today - might not be anything specific to MRNA. BNTX reported and is getting hammered, so probably related to that, too.

Like FLGT. They had a great quarter with beats on Q2 and future guidance but it feels like since they were tied into COVID, they are getting spanked. Ironic that they are down more than MRNA and BNTX when they just said Q2 had almost no COVID revenue. Sometimes you just have to ignore the day to day stuff because it just doesn’t make sense. I’ll just say thanks again to Amazon for keeping me green.

 

[McBokonon]

I’m betting that Axon is off to an excellent start in developing one.

I've been wanting to add to my AXON position and just did today as it hangs around 7 month lows.

This thing (AXON) has been a shining beacon. What a freaking horse. Probably due for a pullback but talk about a stock that’s just ignoring everything.

AXON just keeps going. It’s insanely expensive though - been saying that for a couple years now. Rolled my covered calls on it today.

Beat and Raise for $AXON -

 

[McBokonon]

Barstool going private presumably so Dave and the team can be dudes, and $PENN moving its betting to ESPNBet

 

[JB Breakfast Club]

BROS!

 

[BassNBrew]

UWMC

• Originations of $31.8 billion in 2Q23, compared to $22.3 billion in 1Q23 and $29.9 billion in 2Q22
• Purchase originations of $28.0 billion in 2Q23, compared to $19.2 billion in 1Q23 and $22.4 billion in 2Q22
• Total gain margin of 88 bps in 2Q23 compared to 92 bps in 1Q23 and 99 bps in 2Q22
• Net income of $228.8 million in 2Q23 compared to a net loss of $138.6 million in 1Q23 and $215.4 million of net income in 2Q22

 

[BassNBrew]

And another dime to boot

Dividend

Subsequent to June 30, 2023, for the eleventh consecutive quarter, the Company's Board of Directors declared a cash dividend of $0.10 per share on the outstanding shares of Class A common stock. The dividend is payable on October 11, 2023, to stockholders of record at the close of business on September 20, 2023. Additionally, the Board approved a proportional distribution to SFS Corp., which is payable on or about October 11, 2023.

 

[BassNBrew]

I dunno. Seems like if I was an investor I’d want them to shed any overhead that wasn’t necessary. I get why someone might like them not doing so for moral (not the best word but close enough) reasons, but as a publicly traded company you’re kind of required to be ruthless at times. They gained share largely by undercutting on rates, which is what the Michael Scott Paper Company did, but who knows?

Earnings on the 9th? Be curious to see them. They could very well be the best house in the neighborhood, but I still think it’s a terrible neighborhood with bars on every window. (speaking only as an investor in publicly traded companies).

ETA: 6% is high and hopefully sustainable, but I’d rather just get 5% in a money market right now than risk this.

They removed the bars to let all the customers in.

 

[Capella]

Guess I’ll be holding my Roblox for quite a while longer.

 

[McBokonon]

Getting lost in all this is that WeWork IPO’d this week and is up 20% today because stonks. It’s impressive when WeWork is a distant second in the “shady new companies that went public this week” category.

Hey look it didn’t work again. https://twitter.com/nytimes/status/1689398665784209408?s=46&t=BE2ndGNfghzy3MsGwNpiyQ

 

[General Malaise]

DKNG sputtering. Again.

 

[Bogart]

DWAC and TMTG agreed to extent their merger deadline to the end of the year. News caused price to spike 10%. There is still a proxy vote going on with shareholders to see if DWAC survives past next week.

 

[SFBayDuck]

DKNG sputtering. Again.

I'm assuming this is in reaction to the Penn/ESPN news?

 

[glvsav37]

Barstool going private presumably so Dave and the team can be dudes, and $PENN moving its betting to ESPNBet

Dave has got to be the luckiest (or smartest) guy in the world. How he built that org to the size that it was.....cashed out...and then took it all back for $0 (and some terms & conditions)

love him or hate him, he's killing it.

 

[glvsav37]

ok so I'm 100% a stock neweb. I hold some Disney stock and follow the chatter with apple possibly buying them. Obv everything is speculation and click bait right now.

But what happens to the acquired company's stock when an acquisition of this size, company profile happens? Do the selling shareholders benefit?

 

[Todem]

ok so I'm 100% a stock neweb. I hold some Disney stock and follow the chatter with apple possibly buying them. Obv everything is speculation and click bait right now.

But what happens to the acquired company's stock when an acquisition of this size, company profile happens? Do the selling shareholders benefit?

Depends on the structure of the deal.

All cash? Cash and stock? Or all stock.

If it’s all stock they will have a conversion rate of how much of your Disney shares will turn into Apple shares.

Cash and stock will be a combo of cash and a conversion of what’s not bought in cash into Apple stock.

All cash means you will be paid whatever the cash offer was per share for Disney made by Apple.

 

[glvsav37]

ok so I'm 100% a stock neweb. I hold some Disney stock and follow the chatter with apple possibly buying them. Obv everything is speculation and click bait right now.

But what happens to the acquired company's stock when an acquisition of this size, company profile happens? Do the selling shareholders benefit?

Depends on the structure of the deal.

All cash? Cash and stock? Or all stock.

If it’s all stock they will have a conversion rate of how much of your Disney shares will turn into Apple shares.

Cash and stock will be a combo of cash and a conversion of what’s not bought in cash into Apple stock.

All cash means you will be paid whatever the cash offer was per share for Disney made by Apple.

thanks, In your opinion, which would be the best for the average shareholder?

 

[Sand]

ok so I'm 100% a stock neweb. I hold some Disney stock and follow the chatter with apple possibly buying them. Obv everything is speculation and click bait right now.

But what happens to the acquired company's stock when an acquisition of this size, company profile happens? Do the selling shareholders benefit?

Depends on the structure of the deal.

All cash? Cash and stock? Or all stock.

If it’s all stock they will have a conversion rate of how much of your Disney shares will turn into Apple shares.

Cash and stock will be a combo of cash and a conversion of what’s not bought in cash into Apple stock.

All cash means you will be paid whatever the cash offer was per share for Disney made by Apple.

thanks, In your opinion, which would be the best for the average shareholder?

I'm an investing moron, but IMO anything that gets you more AAPL is a good thing.

(And, IMO, buying Disney would be awful - like AT&T Comcast awful).

 

[Todem]

ok so I'm 100% a stock neweb. I hold some Disney stock and follow the chatter with apple possibly buying them. Obv everything is speculation and click bait right now.

But what happens to the acquired company's stock when an acquisition of this size, company profile happens? Do the selling shareholders benefit?

Depends on the structure of the deal.

All cash? Cash and stock? Or all stock.

If it’s all stock they will have a conversion rate of how much of your Disney shares will turn into Apple shares.

Cash and stock will be a combo of cash and a conversion of what’s not bought in cash into Apple stock.

All cash means you will be paid whatever the cash offer was per share for Disney made by Apple.

thanks, In your opinion, which would be the best for the average shareholder?

Honestly it depends on the premium they pay for Disney stock. So I can’t answer that question without knowing what deal is potentially being made.

 

[Todem]

ok so I'm 100% a stock neweb. I hold some Disney stock and follow the chatter with apple possibly buying them. Obv everything is speculation and click bait right now.

But what happens to the acquired company's stock when an acquisition of this size, company profile happens? Do the selling shareholders benefit?

Depends on the structure of the deal.

All cash? Cash and stock? Or all stock.

If it’s all stock they will have a conversion rate of how much of your Disney shares will turn into Apple shares.

Cash and stock will be a combo of cash and a conversion of what’s not bought in cash into Apple stock.

All cash means you will be paid whatever the cash offer was per share for Disney made by Apple.

thanks, In your opinion, which would be the best for the average shareholder?

I'm an investing moron, but IMO anything that gets you more AAPL is a good thing.

(And, IMO, buying Disney would be awful - like AT&T Comcast awful).

That is how I feel......I wonder what kind of numbers are being thrown around if there is any truth to this smoke.

 

[ghostguy123]

SE dropped like 30%.
Anyone buying?

 

[McBokonon]

SE dropped like 30%.
Anyone buying?

I bought a little and sold a put. Then I’m ignoring it until 2025.

 

[Capella]

SE dropped like 30%.
Anyone buying?

I sold some stuff today and have an itchy trigger finger but I hate this stock. Hmmm.