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Thoughts?

Fidelity is pleased to announce that we are able to provide eligible customers with the possibility of participating in the following public offering:
Name of IssuerMicroStrategy Incorporated (d/b/a Strategy)
Industry Technology
Security typePerpetual Preferred Stock
Expected size of offering2,500,000 Shares
Expected price range $100.00 - $100.00
Offering typePerpetual Preferred Public Offering
Distribution byThe Issuer
Expected pricing date06/05/2025 after 12:00 PM ET
Indication of Interest Period06/02/2025 to 06/05/2025 by 12:00 PM ET

The Strategy perpetual Stride preferred stock offering is available to all brokerage clients with $10,000 or more in retail brokerage assets. The offering is of a perpetual preferred stock with a $100 stated amount per share and with a 10% dividend per annum that is non-rated (NR/NR). Strategy has applied to list the perpetual preferred on the NASDAQ under symbol "STRD". If the listing is approved, Strategy expects trading to commence within 30 days after the date the perpetual preferred stock is first issued.

This offering will need to be confirmed after the offering has priced, which we expect to occur shortly after 12:00 PM ET on 06/05/2025. You will only have two hours to confirm your indication of interest after the offering prices. For complete details on the offering and related potential risks, please review the preliminary prospectus supplement and an accompanying prospectus (the "prospectus") which are available at http://Fidelity.com/ipo.
 
Thoughts?

Fidelity is pleased to announce that we are able to provide eligible customers with the possibility of participating in the following public offering:

Name of IssuerMicroStrategy Incorporated (d/b/a Strategy)
IndustryTechnology
Security typePerpetual Preferred Stock
Expected size of offering2,500,000 Shares
Expected price range $100.00 - $100.00
Offering typePerpetual Preferred Public Offering
Distribution byThe Issuer
Expected pricing date06/05/2025 after 12:00 PM ET
Indication of Interest Period06/02/2025 to 06/05/2025 by 12:00 PM ET

The Strategy perpetual Stride preferred stock offering is available to all brokerage clients with $10,000 or more in retail brokerage assets. The offering is of a perpetual preferred stock with a $100 stated amount per share and with a 10% dividend per annum that is non-rated (NR/NR). Strategy has applied to list the perpetual preferred on the NASDAQ under symbol "STRD". If the listing is approved, Strategy expects trading to commence within 30 days after the date the perpetual preferred stock is first issued.
This offering will need to be confirmed after the offering has priced, which we expect to occur shortly after 12:00 PM ET on 06/05/2025. You will only have two hours to confirm your indication of interest after the offering prices. For complete details on the offering and related potential risks, please review the preliminary prospectus supplement and an accompanying prospectus (the "prospectus") which are available at http://Fidelity.com/ipo.
I can't imagine a worse investment than a preferred from a stock with a beta of 4.
 
Thoughts?

Fidelity is pleased to announce that we are able to provide eligible customers with the possibility of participating in the following public offering:

Name of IssuerMicroStrategy Incorporated (d/b/a Strategy)
IndustryTechnology
Security typePerpetual Preferred Stock
Expected size of offering2,500,000 Shares
Expected price range $100.00 - $100.00
Offering typePerpetual Preferred Public Offering
Distribution byThe Issuer
Expected pricing date06/05/2025 after 12:00 PM ET
Indication of Interest Period06/02/2025 to 06/05/2025 by 12:00 PM ET

The Strategy perpetual Stride preferred stock offering is available to all brokerage clients with $10,000 or more in retail brokerage assets. The offering is of a perpetual preferred stock with a $100 stated amount per share and with a 10% dividend per annum that is non-rated (NR/NR). Strategy has applied to list the perpetual preferred on the NASDAQ under symbol "STRD". If the listing is approved, Strategy expects trading to commence within 30 days after the date the perpetual preferred stock is first issued.
This offering will need to be confirmed after the offering has priced, which we expect to occur shortly after 12:00 PM ET on 06/05/2025. You will only have two hours to confirm your indication of interest after the offering prices. For complete details on the offering and related potential risks, please review the preliminary prospectus supplement and an accompanying prospectus (the "prospectus") which are available at http://Fidelity.com/ipo.
I can't imagine a worse investment than a preferred from a stock with a beta of 4.
I can. The endorsement thereafter.
 
Thoughts?

Fidelity is pleased to announce that we are able to provide eligible customers with the possibility of participating in the following public offering:

Name of IssuerMicroStrategy Incorporated (d/b/a Strategy)
IndustryTechnology
Security typePerpetual Preferred Stock
Expected size of offering2,500,000 Shares
Expected price range $100.00 - $100.00
Offering typePerpetual Preferred Public Offering
Distribution byThe Issuer
Expected pricing date06/05/2025 after 12:00 PM ET
Indication of Interest Period06/02/2025 to 06/05/2025 by 12:00 PM ET

The Strategy perpetual Stride preferred stock offering is available to all brokerage clients with $10,000 or more in retail brokerage assets. The offering is of a perpetual preferred stock with a $100 stated amount per share and with a 10% dividend per annum that is non-rated (NR/NR). Strategy has applied to list the perpetual preferred on the NASDAQ under symbol "STRD". If the listing is approved, Strategy expects trading to commence within 30 days after the date the perpetual preferred stock is first issued.
This offering will need to be confirmed after the offering has priced, which we expect to occur shortly after 12:00 PM ET on 06/05/2025. You will only have two hours to confirm your indication of interest after the offering prices. For complete details on the offering and related potential risks, please review the preliminary prospectus supplement and an accompanying prospectus (the "prospectus") which are available at http://Fidelity.com/ipo.
I can't imagine a worse investment than a preferred from a stock with a beta of 4.
Honestly the only thing I understood was...

is available to all brokerage clients with $10,000 or more

Fidelity only offers good IPOs to people with $500,000+ and even that is hit or miss. The statement above reads like they need more sheep.
 
Thoughts?

Fidelity is pleased to announce that we are able to provide eligible customers with the possibility of participating in the following public offering:

Name of IssuerMicroStrategy Incorporated (d/b/a Strategy)
IndustryTechnology
Security typePerpetual Preferred Stock
Expected size of offering2,500,000 Shares
Expected price range $100.00 - $100.00
Offering typePerpetual Preferred Public Offering
Distribution byThe Issuer
Expected pricing date06/05/2025 after 12:00 PM ET
Indication of Interest Period06/02/2025 to 06/05/2025 by 12:00 PM ET

The Strategy perpetual Stride preferred stock offering is available to all brokerage clients with $10,000 or more in retail brokerage assets. The offering is of a perpetual preferred stock with a $100 stated amount per share and with a 10% dividend per annum that is non-rated (NR/NR). Strategy has applied to list the perpetual preferred on the NASDAQ under symbol "STRD". If the listing is approved, Strategy expects trading to commence within 30 days after the date the perpetual preferred stock is first issued.
This offering will need to be confirmed after the offering has priced, which we expect to occur shortly after 12:00 PM ET on 06/05/2025. You will only have two hours to confirm your indication of interest after the offering prices. For complete details on the offering and related potential risks, please review the preliminary prospectus supplement and an accompanying prospectus (the "prospectus") which are available at http://Fidelity.com/ipo.
I can't imagine a worse investment than a preferred from a stock with a beta of 4.
Honestly the only thing I understood was...

is available to all brokerage clients with $10,000 or more

Fidelity only offers good IPOs to people with $500,000+ and even that is hit or miss. The statement above reads like they need more sheep.
Interesting. I have never gotten an offer from them for an IPO, including this crappy one.
 
Thoughts?

Fidelity is pleased to announce that we are able to provide eligible customers with the possibility of participating in the following public offering:

Name of IssuerMicroStrategy Incorporated (d/b/a Strategy)
IndustryTechnology
Security typePerpetual Preferred Stock
Expected size of offering2,500,000 Shares
Expected price range $100.00 - $100.00
Offering typePerpetual Preferred Public Offering
Distribution byThe Issuer
Expected pricing date06/05/2025 after 12:00 PM ET
Indication of Interest Period06/02/2025 to 06/05/2025 by 12:00 PM ET

The Strategy perpetual Stride preferred stock offering is available to all brokerage clients with $10,000 or more in retail brokerage assets. The offering is of a perpetual preferred stock with a $100 stated amount per share and with a 10% dividend per annum that is non-rated (NR/NR). Strategy has applied to list the perpetual preferred on the NASDAQ under symbol "STRD". If the listing is approved, Strategy expects trading to commence within 30 days after the date the perpetual preferred stock is first issued.
This offering will need to be confirmed after the offering has priced, which we expect to occur shortly after 12:00 PM ET on 06/05/2025. You will only have two hours to confirm your indication of interest after the offering prices. For complete details on the offering and related potential risks, please review the preliminary prospectus supplement and an accompanying prospectus (the "prospectus") which are available at http://Fidelity.com/ipo.
I can't imagine a worse investment than a preferred from a stock with a beta of 4.
Honestly the only thing I understood was...

is available to all brokerage clients with $10,000 or more

Fidelity only offers good IPOs to people with $500,000+ and even that is hit or miss. The statement above reads like they need more sheep.
Interesting. I have never gotten an offer from them for an IPO, including this crappy one.
You have to sign up under the Account & Research tab. They'll send emails when they come available. Some you need $100k, others $500k. Here are two recent ones they didn't allocate shares to me.

May 22, 2025HNGEHinge Health, Inc.
May 22, 2025MNTNMNTN, Inc.
[td]
$32.00​
[/td][td]
$40.45​
[/td][td]
26.41%​
[/td]​
[td]
$16.00​
[/td][td]
$26.59​
[/td][td]
66.19%​
[/td]​
 
So I am checking out CRWV (Coreweave).

Fair value is at best 105 a share….thing is being ridden up hard right now.

I would wait till it has a crash….because it will.

Wait till this dips down into the low 60’s. Then pounce. I would even be comfortable long term adding shares in the low to mid 70’s.

Selling some way out of the money puts may also be a nice way to play it going out a maximum of 6 months on the expiration. I will have to check out the premiums first.

They have a huge competitive advantage right now in cloud infrastructure to provide automation and efficiency in managing complex AI infrastructure.

It’s a red hot stock (and a new issue at that as well). Great IP.

But it’s way overvalued here short term. We are gonna wait for a sale.

Be prudent with this one. It does have a narrow moat.

Best to wait for a fire sale on this one and then add it to your AI sector of your portfolio.
 
Good day for uranium, antimony, rare earths and tungsten. Not so much for tin. :kicksrock:
I use this stuff, so really need that market to plummet. TIA.

You could hedge a little and buy some Almonty.

Their CEO is a terrific interview too, btw. Very funny.
Yeah - I use it in my job, so I don't care care. It does make our stuff more expensive if W goes up, though.

I am definitely not hedging commodities on behalf of my place of work. :p
 
Good day for uranium, antimony, rare earths and tungsten. Not so much for tin. :kicksrock:
I use this stuff, so really need that market to plummet. TIA.

You could hedge a little and buy some Almonty.

Their CEO is a terrific interview too, btw. Very funny.
Yeah - I use it in my job, so I don't care care. It does make our stuff more expensive if W goes up, though.

I am definitely not hedging commodities on behalf of my place of work. :p

That's okay, I own enough for both of us.
 
Good day for uranium, antimony, rare earths and tungsten. Not so much for tin. :kicksrock:
I use this stuff, so really need that market to plummet. TIA.

You could hedge a little and buy some Almonty.

Their CEO is a terrific interview too, btw. Very funny.
Yeah - I use it in my job, so I don't care care. It does make our stuff more expensive if W goes up, though.

I am definitely not hedging commodities on behalf of my place of work. :p

That's okay, I own enough for both of us.

And it all comes back to Seinfeld....

 
CEG…….what happened baby doll?
Naked short sellers. It's always naked short sellers. :rant:

I still want to know how this naked short selling works mechanically.

I got in a LOT of trouble shorting a stock without a borrow (accident) in 2007 and never once considered it again. It was like getting taken to a secret room of a casino by Joe Pesci.
Margin calls thats how it’s done if it goes bad on you.
 
CEG…….what happened baby doll?
Naked short sellers. It's always naked short sellers. :rant:

I still want to know how this naked short selling works mechanically.

I got in a LOT of trouble shorting a stock without a borrow (accident) in 2007 and never once considered it again. It was like getting taken to a secret room of a casino by Joe Pesci.
Margin calls thats how it’s done if it goes bad on you.

Have you ever shorted a stock without securing a borrow first? I doubt it. It's scary man.
 
CEG…….what happened baby doll?
Naked short sellers. It's always naked short sellers. :rant:

I still want to know how this naked short selling works mechanically.

I got in a LOT of trouble shorting a stock without a borrow (accident) in 2007 and never once considered it again. It was like getting taken to a secret room of a casino by Joe Pesci.
I got all kinds of nasty notices for selling one share of a stock to myself about 25% over the last market price. It was an extremely low volume stock and I don't recall how I pulled it off, but Fidelity said the SEC didn't take kindly to market manipulation and if I did it again it wouldn't end well for me.
 
I got all kinds of nasty notices for selling one share of a stock to myself about 25% over the last market price. It was an extremely low volume stock and I don't recall how I pulled it off, but Fidelity said the SEC didn't take kindly to market manipulation and if I did it again it wouldn't end well for me.
Straight to federal prison for you.
 
Right. This idea of rampant naked shorting needs to go away.

I'm not taking about Reddit Ralph who has $789 to his name. Real money managers with large accounts who want to remain in good standing with their prime brokers, the SEC and the states they hold their domiciles are not shorting nakedly. It's a one way ticket to losing your career.
 
Right. This idea of rampant naked shorting needs to go away.

I'm not taking about Reddit Ralph who has $789 to his name. Real money managers with large accounts who want to remain in good standing with their prime brokers, the SEC and the states they hold their domiciles are not shorting nakedly. It's a one way ticket to losing your career.
Yeah, but there are some Reddit Ralphs with like $10m in brokerage assets...
 
CEG…….what happened baby doll?
Naked short sellers. It's always naked short sellers. :rant:

I still want to know how this naked short selling works mechanically.

I got in a LOT of trouble shorting a stock without a borrow (accident) in 2007 and never once considered it again. It was like getting taken to a secret room of a casino by Joe Pesci.
Margin calls thats how it’s done if it goes bad on you.

Have you ever shorted a stock without securing a borrow first? I doubt it. It's scary man.
Oh god no.
 
Update on some obscure positions I'm holding that I've previously mentioned here:

Voxtur Analytics: Down 68%. Fortunately my original buy for a couple of thousand shares at 2 cents only filled for 100 shares so my $2.20 investment is now worth $0.72. Not really worth mentioning other than I dodged a bullet.

Aduro Clean Technology: Up 83% in 3 months (I'm only in for 100 shares). Actually is a buy now based on technicals, but insanely overpriced on valuation. It's still under $10 so I may take the Palantir approach and added 5 shares a day. This reminds me of Crispr which we were all hot on years ago and I didn't sell all my shares so I have some remaining severely underwater.

MP Materials: Rare earth play discussed a couple of pages ago. Up 5%. Very cautious here based on some good information from @General Malaise

Oppfi: Just nibbled so far. This checked all the technical boxes. Totally flat from my entry. I'm hoping it's consolidating before the next leg up. I probably should set a stop here.

FUBO: Up 17% after initially being down. Strictly a play on their deal with Disney being approved.

First Solar: Up 24% in 3 months. Bought because the the forward PE is at 7-8 at the time. Recent politics haven't been kind. This stock frequently shows up on my biggest gainers/losers list. I just took a starter position of 4 shares and the wild swings have scared me off from doing much else. I just don't have the time to follow this one in detail. Probably should cash in the gain but I think this stock is fairly valued over $200. Likely will hold as a small piece of diversification.

Celsius Holdings: Up 43% in 3 months. It's over 1% of my portfolio now so I'm not adding more. PE is high but I think there's growth here. Currently trading at about $40, it's been over $75 in the past.

Taking a look at Oroco at 22 cents. It's a mine in Mexico and actually the only mining stock I've made money on other than Alphamin. I bought at this range several years ago and it ran to over $2.50 where I cashed out for a 5x profit. ETA: Said 10x profit but it was really only 5x.

All of these are dabbles either for diversification away from my Mag5 / AI heavy holdings or testing out what I'm learning on technical trades.
 
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This is seriously bad for my mental health

Hang in there, pal. Sometimes it's best just to close the portfolio browser and don't check it for a few weeks, maybe even a few months. It's okay to get upset and maybe even a little manic, but if I've learned anything in my life it's that you can't let your emotions impact your decision making.

Diamond hands. Raise some more capital and come back in a few weeks and establish some new positions. This is a marathon, not a sprint. As long as you keep buying and avoid panic selling, it's difficult to lose longterm. We are here for you. 💖
Report

SHH1​

Footballguy
Joined Saturday at 6:12 PM
 
This is seriously bad for my mental health

Hang in there, pal. Sometimes it's best just to close the portfolio browser and don't check it for a few weeks, maybe even a few months. It's okay to get upset and maybe even a little manic, but if I've learned anything in my life it's that you can't let your emotions impact your decision making.

Diamond hands. Raise some more capital and come back in a few weeks and establish some new positions. This is a marathon, not a sprint. As long as you keep buying and avoid panic selling, it's difficult to lose longterm. We are here for you. 💖
Report

SHH1​

Footballguy
Joined Saturday at 6:12 PM

I created a thread last week that was errantly marked as spam and one of your staff members told me to make a new account.
Welcome back. The guy you responded to is fishing. I thought you were him creating an account to talk with yourself. My apologies.
 
Alphamin sold to UAE overnight and no one is talking about it? Weird.

Oh, some people are talking. For all tin owners, this guy is a good follow on Twitter - he visited the mine site in Oct with my boss.

This transaction was a long time coming. The majority owner of this stock was Denham Capital who owned like 57% of the shares. They have been wanting to sell to the ME investors for quite some time, but the whole military take over by rebels put a damper on things. Ideally, Denham wanted these buyers to invest through them in a continuation fund where a management fee would be generated, but these guys.....they, uh, don't pay those. And so they offered the original price of 0.70 cents US for the whole thing, take it or leave it. They took it. The investors in Denham have a very tiny cost basis and have recouped all their money from the dividend payments alone since investing. So they were more than happy to accept the bid, even though it sucks for the rest of us.

Now, what happens next? I'll let the Koala take over....any typos are his.

As someone who has seen the Denham / Tremont deck pitching the SPV continuation vehicle concept for AlphaMoon $afm.v, as much as I’d love the market to panic on open at the c$0.70/sh valuation on the block trade so I could buy more…

The koala does feel some sense of duty here (and that’s definitely ego talking a little bit)

The continuation vehicle concept always assumed the stock would cross at a 30% discount to market, so not surprised at the price

Now…this reads like it’s not a CV it’s a straight sale (aka IRH told Denham to F off with any fees at all)

That surprises me

But once that discount is on paper hard to negotiate it back to something else

And full disclosure I socialized with a couple parties the idea of going to Denham with Bisie back online & saying let’s do the SPV at massively reduced fees AND 50% discount to market price (probably gotta work on my ruthlessness because never dreamed of saying “no fees at all”)

The Emirati don’t do this deal without incredible confidence in asset security (BULLISH…also probably means they visited recently…welcome to the less than handful of shareholders who’ve visited Bisie!)

The two outstanding questions and, it’s 3-4 am in Africa so not like anyone is accessible right now, are this:

What does this mean for capital allocation going forward?

What happens to current management?

Frankly if dividends disappeared for buybacks…could be intriguing to tighten up the float especially if exploration results prove mine life extension viability…so let’s see, or do IRH use cash to build a smelter in UAE…or do dividends continue?

Mgmt has earned their stripes and the market trust…if they stay, or how they transition out, is going to be mega relevant and noticed

If the IRH plan is to privatize the whole thing, frankly the koala would tell them the all time high for the stock is US$1.17/share

Put US$1.20/sh cash on the table for the minorities and let’s get on with it…don’t wait around

You paid $367 million to Denham, pay $660 million to the minorities…

$1.027 billion all-in…build the tin smelter you clearly plan to build and enjoy the cash flow spigot

And enjoy owning a true wonder of the geological creation we call plant Earth

Much to learn tomorrow on the details but am glad I got to see this one in person as doubt the IRH will be doing site visits for minority shareholders

Now, pending more color, let’s gear up to make sure minority shareholders get full value and fair respect from new partners / fellow shareholders
 

As someone who has seen the Denham / Tremont deck pitching the SPV continuation vehicle concept for AlphaMoon $afm.v, as much as I’d love the market to panic on open at the c$0.70/sh valuation on the block trade so I could buy more…
I never did take an ancient languages class...:shrug:

 
Every time I'm told to stay out of the market it goes up up up!
No one told you to stay out.
You don't listen to anyone anyway
Main Street media was the culprit here pushing typical negative narratives. I know quite a few folks that got spooked and got out thinking tariffs were going to stay elevated long term.
None of what you quoted had anything to do with the politics you are trying to inject here. It was all :pokey: and :hophead: by an attention seeker.
 

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