Stock Thread

[CFB Sicko 190]

HFS

[Capella 31,937]

Amazon doubles their EPS estimate and is barely up after hours. 

[Sideshow Bob 869]

3 minutes ago, humpback said:

Well, he's no longer the CEO so....

Thanks a lot, CodNClaws

[Desert_Power 1,233]

Promoting the founder of AWS is a strong message about the direction of the company.

[guru_007 816]

Just now, Desert_Power said:

Promoting the founder of AWS is a strong message about the direction of the company.

Worked out pretty good for MSFT

[BassNBrew 11,879]

5 minutes ago, Capella said:

Amazon doubles their EPS estimate and is barely up after hours. 

Here are the results: 

Earnings: $14.09 vs $7.23 per share forecast by Refinitiv

Revenue: $125.56 billion vs $119.7 billion forecast by Refinitiv

 

@stbugs I won't dig for the post, but this was the number I posted.

@cappella Pretty much a utility stock sans the dividend.

[guru_007 816]

And I never get earnings trades right.  I like trading options only because I'm a lowdown degenerate gambler when all is said and done.  I figured FB would blow out earnings, which they did, but they announce AAPL as a competitor and stock doesn't lift off.  AMD had an unreal quarter, and they announced a 37% increase in EPS going forward.  Like 1 company out of a 100 gives guidance this year and AMD gets hammered.  So stupid.  AMD should be at about $125 right now. FB $300.  To be perfectly honest, I think NVDA could be at $700+ easy.  They'll probably announce an unreal quarter and get hammered.  stupid.

[Capella 31,937]

1 minute ago, BassNBrew said:

Here are the results: 

Earnings: $14.09 vs $7.23 per share forecast by Refinitiv

Revenue: $125.56 billion vs $119.7 billion forecast by Refinitiv

 

@stbugs I won't dig for the post, but this was the number I posted.

@cappella Pretty much a utility stock sans the dividend.

Now it’s red lol 

[Capella 31,937]

Maybe they should split the stock. Seems capped out. 

[2Squirrels1Nut 2,582]

2 minutes ago, Capella said:

Maybe they should split the stock. Seems capped out. 

PLEASE

I tried talking a family memeber to buy it at $350 5-6 years ago and was told it was too expensive because he liked to have at least 100 shares which of course is irrelevant.  Give me a 20-1 split please and money  form retail investors would pour in.

Edited February 2 by 2Squirrels1Nut

[Capella 31,937]

Have to think some are going to head for the hills with no Bezos. 

[beef 3,075]

2 minutes ago, Capella said:

Maybe they should split the stock. Seems capped out. 

Split the stock and announce an infrastructure week.  

[Sideshow Bob 869]

Just now, Capella said:

Have to think some are going to head for the hills with no Bezos. 

Yep. It's no accident they make that announcement while crushing earnings.

[Sideshow Bob 869]

MTCH getting hammered. Might have to look closer at it tomorrow.

[Sideshow Bob 869]

MTCH no longer getting hammered. lol

[ConstruxBoy 1,367]

3 minutes ago, Sideshow Bob said:

MTCH getting hammered. Might have to look closer at it tomorrow.

Beer goggles, IMO

[Sideshow Bob 869]

"Revenue at AWS climbed to $12.7 billion from $9.95 billion a year earlier, below the $12.83 billion consensus estimate among analysts polled by FactSet."

And they're (AWS) losing their leader.

[FreeBaGeL 9,534]

What a boring earnings season.  Everything basically ends up flat after a few minutes.

[FreeBaGeL 9,534]

14 minutes ago, Capella said:

Maybe they should split the stock. Seems capped out. 

I wonder if this becomes a possibility again with Bezos out.  Wasn't he the one that was opposed to it?

[Capella 31,937]

Just now, FreeBaGeL said:

I wonder if this becomes a possibility again with Bezos out.  Wasn't he the one that was opposed to it?

That’s my understanding. 

[stbugs 3,490]

20 minutes ago, Capella said:

Amazon doubles their EPS estimate and is barely up after hours. 

I think the Bezos change probably scares people but he’s probably been planning this. Jassey is the perfect guy for the job. Well liked, has been head of AWS forever and is Bezos’ right hand guy. Honestly, I don’t think it changes anything.

Great results overshadowed, but the stock will run. 

[stbugs 3,490]

26 minutes ago, BassNBrew said:

Here are the results: 

Earnings: $14.09 vs $7.23 per share forecast by Refinitiv

Revenue: $125.56 billion vs $119.7 billion forecast by Refinitiv

 

@stbugs I won't dig for the post, but this was the number I posted.

@cappella Pretty much a utility stock sans the dividend.

Dividend stocks don’t have 44% revenue growth for the quarter. $385B in revenue for 2020, 37.5% complete year over year growth. That’s impressive growth for one of the world’s largest companies. That’s faster growth than some of the tech stocks I own that sell for 20-30-40 times revenue. Amazon is at a little over 4 times revenue. Not saying they should trade at a higher multiple just that they aren’t close to slowing down to be a dividend play.

[Sideshow Bob 869]

"California’s $441 billion public pension fund increased its stake in bitcoin miner Riot Blockchain (RIOT) nearly sevenfold in last year’s Q4 amid the meteoric run-up in the price of bitcoin.

California Public Employees' Retirement System (CalPERS) held 113,034 shares in RIOT worth over $1.9 million at the end of 2020, according to Tuesday filings. That's up from Q3 2020, when CalPERS' 16,907 RIOT shares were worth a comparatively minuscule $49,000.

The largest public pension fund in the U.S. had been holding firm on its nearly 17 thousand RIOT shares since acquiring them during the bull run in late 2017. That position seldom varied until now."

[stbugs 3,490]

12 minutes ago, Sideshow Bob said:

"California’s $441 billion public pension fund increased its stake in bitcoin miner Riot Blockchain (RIOT) nearly sevenfold in last year’s Q4 amid the meteoric run-up in the price of bitcoin.

California Public Employees' Retirement System (CalPERS) held 113,034 shares in RIOT worth over $1.9 million at the end of 2020, according to Tuesday filings. That's up from Q3 2020, when CalPERS' 16,907 RIOT shares were worth a comparatively minuscule $49,000.

The largest public pension fund in the U.S. had been holding firm on its nearly 17 thousand RIOT shares since acquiring them during the bull run in late 2017. That position seldom varied until now."

Lol. Talk about a zit on the ### of an 800 lb gorilla.

Huge news everyone, CalPERS portfolio is 0.0004% RIOT. Just to clarify, I already multiplied by 100 to get it to a percent. Probably had to buy more so that the daily report stopped failing with a divide by zero.  

If my portfolio was worth $100M (it isn’t, but I can dream) and I had the same ratio of RIOT, I’d have a little over $400 worth.

Edited February 2 by stbugs

[BassNBrew 11,879]

So Bum Bezos is out and Amazon is up 1% on the news.

[Desert_Power 1,233]

15 minutes ago, stbugs said:

I think the Bezos change probably scares people but he’s probably been planning this. Jassey is the perfect guy for the job. Well liked, has been head of AWS forever and is Bezos’ right hand guy. Honestly, I don’t think it changes anything.

Great results overshadowed, but the stock will run. 

I'm liking this the more I think/read about it. Bezos has run this company day-to-day for 27 years and has multiple other ventures. Hopefully the reporting he will mostly be involved with newer ventures isn't just spin. AWS is the future so Jassy makes perfect sense. It will be interesting if/how management of the older businesses changes.

[BassNBrew 11,879]

7 minutes ago, Desert_Power said:

I'm liking this the more I think/read about it. Bezos has run this company day-to-day for 27 years and has multiple other ventures. Hopefully the reporting he will mostly be involved with newer ventures isn't just spin. AWS is the future so Jassy makes perfect sense. It will be interesting if/how management of the older businesses changes.

Surely Jassey will make more than 2-3 decisions a day.  Glad to see Bezos sent to the pasture.

[stlrams 647]

Any insight into KALA bump today?  Not complaining , just wondering.  

[stbugs 3,490]

8 minutes ago, Desert_Power said:

I'm liking this the more I think/read about it. Bezos has run this company day-to-day for 27 years and has multiple other ventures. Hopefully the reporting he will mostly be involved with newer ventures isn't just spin. AWS is the future so Jassy makes perfect sense. It will be interesting if/how management of the older businesses changes.

Some FishNBeer dude mentioned that Bezos only has three ideas a day so I’m assuming Jassey and others were already the COOs. Bezos will likely still be about as involved as he was without having to do any day to day.

[drunken slob 622]

2 minutes ago, BassNBrew said:

Surely Jassey will make more than 2-3 decisions a day.  Glad to see Bezos sent to the pasture.

I was going to mention you but I knew you'd be in here to comment 

 

[stbugs 3,490]

2 minutes ago, BassNBrew said:

Surely Jassey will make more than 2-3 decisions a day.  Glad to see Bezos sent to the pasture.

Lol. So predictable, you posted while I was typing and I knew exactly what you’d say. 

[rascal 1,738]

I really don't understand the bezos criticism.  

[2Squirrels1Nut 2,582]

49 minutes ago, Sideshow Bob said:

"Revenue at AWS climbed to $12.7 billion from $9.95 billion a year earlier, below the $12.83 billion consensus estimate among analysts polled by FactSet."

And they're (AWS) losing their leader.

Na,na,na,na,na na,na,na, LEADER!!!

[Sputnikv8 495]

2 minutes ago, rascal said:

I really don't understand the bezos criticism.  

It's just a day trader trying to day trade a stock that hasn't panned out.  

[Desert_Power 1,233]

15 minutes ago, stbugs said:

Some FishNBeer dude mentioned that Bezos only has three ideas a day so I’m assuming Jassey and others were already the COOs. Bezos will likely still be about as involved as he was without having to do any day to day.

I'd also assume Jassy would be a bit more interested in going out to evangelize the stonk more than Bezos feels like. That seems to matter. 

[Capella 31,937]

15 minutes ago, rascal said:

I really don't understand the bezos criticism.  

I demand more than my 243%

[Sideshow Bob 869]

39 minutes ago, stbugs said:

Lol. Talk about a zit on the ### of an 800 lb gorilla.

Huge news everyone, CalPERS portfolio is 0.0004% RIOT. Just to clarify, I already multiplied by 100 to get it to a percent. Probably had to buy more so that the daily report stopped failing with a divide by zero.  

If my portfolio was worth $100M (it isn’t, but I can dream) and I had the same ratio of RIOT, I’d have a little over $400 worth.

You're being short-sighted. BTC and derivatives were viewed as not being investment grade not all that long ago. Making inroads in corporate treasuries, pensions, endowments, etc is a tremendous gain for the asset.

This is a small company (about 1/3 the market cap of CYDY). If every pension in the US held .0004% of RIOT, that's probably in the neighborhood of 10-20% of their market cap. I'm too lazy to look up the actual #. And likely means they're open to gaining exposure to BTC through other investments. Very much not insignificant to the asset class 

Edited February 2 by Sideshow Bob
Definitely wine

[stbugs 3,490]

10 minutes ago, Desert_Power said:

I'd also assume Jassy would be a bit more interested in going out to evangelize the stonk more than Bezos feels like. That seems to matter. 

I don’t think we’ll see any changes early, but it will be interesting to see if they have different styles. Bezos really wasn’t a limelight type of guy.

[Sand 6,254]

So BTWN just went ape#### about 15 minutes before close (20+%).  It was one of the SPACs that's been discussed here.  I think it's the Thiel SPAC (why I bought it - he's a heavyweight).   I've been looking and I see nothing concrete - just pretty wild speculation over getting Tokopedia.

[BassNBrew 11,879]

25 minutes ago, rascal said:

I really don't understand the bezos criticism.  

 

9 minutes ago, Capella said:

I demand more than my 243%

Amazon is lagging the major indices by 10% or so over the last half year. 

[BassNBrew 11,879]

Any indication that Amazon will be doing a buyback?

[McBokonon 3,937]

$XOM lost $20 billion last quarter. Totally makes sense that it’s up after hours.

Edited February 2 by McBokonon

[stbugs 3,490]

Just now, Sand said:

So BTWN just went ape#### about 15 minutes before close (20+%).  It was one of the SPACs that's been discussed here.  I think it's the Thiel SPAC (why I bought it - he's a heavyweight).   I've been looking and I see nothing concrete - just pretty wild speculation over getting Tokopedia.

Tokopedia has pretty much already said they are prepping to go IPO. I have no idea what that pop was, but a bunch of SPACs jumped at the end of the day. Saw some rumors about people jumping out of the heavily shorted stocks into SPACs, but who knows. 

[Sand 6,254]

6 minutes ago, stbugs said:

Tokopedia has pretty much already said they are prepping to go IPO. I have no idea what that pop was, but a bunch of SPACs jumped at the end of the day. Saw some rumors about people jumping out of the heavily shorted stocks into SPACs, but who knows. 

So basically just money sloshing around in a bathtub.  I was hoping to hear that it had landed a good candidate.  I still like the issue because of who is behind it.

[SFBayDuck 7,426]

1 hour ago, Sand said:

1 hour ago, stbugs said:

Tokopedia has pretty much already said they are prepping to go IPO. I have no idea what that pop was, but a bunch of SPACs jumped at the end of the day. Saw some rumors about people jumping out of the heavily shorted stocks into SPACs, but who knows. 

So basically just money sloshing around in a bathtub.  I was hoping to hear that it had landed a good candidate.  I still like the issue because of who is behind it.

I caught that, too.  Somebody knows (or thinks they know) something about BTWN.

I spot checked a bunch of the other SPACs I own and really only IPOF jumped at the end of the day, and that was just a couple of percent.

 

[Steeler 3,021]

VCVC is up 40% after hours... over $15... but I couldn't find any information... not that I am complaining.

[caustic 4,203]

7 minutes ago, Steeler said:

VCVC is up 40% after hours... over $15... but I couldn't find any information... not that I am complaining.

Looks like they’re merging with REE autos, an Israeli EV company.

[JAA 2,861]

Im planning to sue TD Ameritrade for not letting me buy SFIO.  ####, just today they saved me from about $75 in stock price, but still ... I NEED MY FIX!!

[CR69 1,546]

7 minutes ago, JAA said:

Im planning to sue TD Ameritrade for not letting me buy SFIO.  ####, just today they saved me from about $75 in stock price, but still ... I NEED MY FIX!!

I should have known not to buy any on the day I went to buy some when we weren’t supposed to be able to buy any and I was able to. 

[JAA 2,861]

10 hours ago, Capella said:

11 hours ago, JAA said:

AMZN is like a growth index fund.  I think when folks dont know where to put there money, just throw it at AMZN

I have tried to convince all my friends and family to buy amazon and they all say it’s too expensive and then proceed to chase lower quality stocks or the garbage crypto coins trying to get rich. Whatever. 

This.  I think I have 1/6 of my retirement currently in AMZN.  Since purchase it has doubled and last year yielded 25%