eaganwildcats 939 Posted February 24 Share Posted February 24 7 minutes ago, General Malaise said: Playgon playing.... Love it. It's 2021 who needs "revenues". 1 Quote Link to post Share on other sites
urbanhack 12,437 Posted February 24 Share Posted February 24 21 minutes ago, General Malaise said: I think we're alright: These two reasons are why I would never put Enterprise into an IRA. Yes, it's a leading player in the midstream sector, often considered a bellwether for the industry. It has an incredible streak of annual distribution hikes (21 years and counting) and a fat 5.8% yield. And it is, by all accounts, a great partnership that is constantly looking for ways to get even better for its unitholders. But the drawbacks of putting it into an IRA means it isn't right for these accounts, no matter how high the yield is or how great a partnership it happens to be. However, you could happily add ONEOK, Inc. (NYSE:OKE) without facing any of those issues, because this midstream company is structured as a regular corporation. Although ONEOK's yield of 4.8% is a little lower than Enterprise's, it shares a lot of the partnership's most desirable traits. But you have to be cool with investing in fracking, though, no? Quote Link to post Share on other sites
randall146 4,592 Posted February 24 Share Posted February 24 Can someone explain to me why my fundamental concern about SPACs is incorrect? I admit I am a total newb but here goes: SPAC gets listed for $10. You get in somewhat early for $10.50. Rumors start flying that SPAC is going to acquire XYZ. XYZ looks like a good company and is in a hot sector so SPAC rises to $15. Then for a while rumors continue and people debate the merits of XYZ and SPAC numbers go up or down. Then at some point a deal becomes more likely and again the price rises or falls based on what the market thinks of XYZ. But what never seems to be discussed until it's an afterthought is how much of XYZ SPAC is acquiring, and at what price. It's like evaluating someone's portfolio knowing only the company names, not the amounts owned or purchase price. So it seems like all you get with a SPAC is the possibility of acquiring some percentage of some company, or you get $10 back. 1 Quote Link to post Share on other sites
ericttspikes 2,748 Posted February 24 Share Posted February 24 (edited) added 100 CCIV @ 30, looking like it's going to 25 or lower though. Will probably add at 25 too and lower if it breaks that. Full panic sell mode going on. Looking to take advantage of that. New purchase averaged to $7.50 a share. I'm good with that. Edited February 24 by ericttspikes Quote Link to post Share on other sites
HaFo SaFo 110 Posted February 24 Share Posted February 24 1 hour ago, kevzilla said: It's the K-1 issue. Others can probably do a better job, but MLPs (and REITs I think) can cause a tax headache if owned in an IRA or similar. I've read horror stories where IRS decides your whole IRA is taxable. Happy to be corrected on any of this, but the conclusion I drew was since these instruments are already somewhat tax-advantaged, they are better off in a taxable account. I realize I own a PTP in my taxable account, so I'm fine there, but, (stupid question incoming)... how do I know if a given ticker is an MTP or PTP? I mean, I'm looking at the profile page on etrade and on Yahoo finance and that kinda-key info is not given anywhere that I can see. Quote Link to post Share on other sites
FreeBaGeL 9,327 Posted February 24 Share Posted February 24 This NNOX news seems like a pretty big deal, no? Bunch of call sweeps got fired off on that news. Looks like they are buying March 5 $59 strike for 6 bucks each. 3 1 Quote Link to post Share on other sites
stbugs 3,363 Posted February 24 Share Posted February 24 57 minutes ago, The General said: That’s right it was bugs who was on this. @stbugsthoughts at this price of CCIV? Lol. I’m not an expert at all. I just knew that the merger was going to be a hit to people. It would either be that the PIPE would make people realize that the “experts” and Lucid itself didn’t value themselves as high as the crowd (like GME if you will) or that Lucid wanted to get a much bigger market cap and then the per share slice of the company would be way less than expected. Both scenarios meant that the people buying at $60 would be left in the cold. The other thing is that unlike Tesla, Lucid is coming to market when they will have dozens of competitors who have more mainstream products while they’ll be in the niche high, high end cars. If they don’t hit manufacturing perfectly the next few years they could be in big trouble. Unlike Tesla, they don’t have Musk and other potential businesses being worked on so they will also be valued more like a true car company because kind of like how LCD TVs just replaced Tube TVs, EVs will soon be just “cars.” 1 Quote Link to post Share on other sites
TripItUp 4,153 Posted February 24 Share Posted February 24 2 hours ago, NajehHejan said: How do you know this? Should I be bailing out of these ARK funds and waiting until things cool back down? I don't like giving advice, but I'm currently not in any ARK funds outside of my IRA. 3 Quote Link to post Share on other sites
David Dodds 2,721 Posted February 24 Share Posted February 24 Going for my fifth circuit of AMC now. Just got in for a LOT at 7.60. I have buys triggering for 7.50, 7.40, and 7.30. This stock could catapult after the short interest report gets published tonight after hours. Quote Link to post Share on other sites
General Malaise 27,539 Posted February 24 Share Posted February 24 1 hour ago, urbanhack said: But you have to be cool with investing in fracking, though, no? I fracked my way to five kids, sir. 1 4 1 Quote Link to post Share on other sites
David Dodds 2,721 Posted February 24 Share Posted February 24 GME headed for the moon today. The stock all of you hate is now up 15%+ on Ryan Cohen's ice cream twitter post. 1 Quote Link to post Share on other sites
Nigel 3,599 Posted February 24 Share Posted February 24 27 minutes ago, FreeBaGeL said: This NNOX news seems like a pretty big deal, no? Bunch of call sweeps got fired off on that news. Looks like they are buying March 5 $59 strike for 6 bucks each. that is good news, having bought a ####-ton at $64 last week. 1 Quote Link to post Share on other sites
needanap 259 Posted February 24 Share Posted February 24 (edited) The Lupton spike. He sends out email to paid subscribers and stock instantly spikes 5%. ETA -- actually spiked up 11% before dropping to about 7.5%. Volume went from 200,000 prior to now over 2,200,000. Man, the potential to exploit your following is crazy huge here. Hmm. Edited February 24 by needanap 1 Quote Link to post Share on other sites
FreeBaGeL 9,327 Posted February 24 Share Posted February 24 6 minutes ago, needanap said: The Lupton spike. He sends out email to paid subscribers and stock instantly spikes 5%. What stock did he email about? Quote Link to post Share on other sites
FreeBaGeL 9,327 Posted February 24 Share Posted February 24 13 hours ago, KGB said: WKHS over correction? Under* correction. 1 Quote Link to post Share on other sites
urbanhack 12,437 Posted February 24 Share Posted February 24 3 minutes ago, FreeBaGeL said: What stock did he email about? Owlet Spac $SBG 1 Quote Link to post Share on other sites
McBokonon 3,660 Posted February 24 Share Posted February 24 4 minutes ago, urbanhack said: Owlet Spac $SBG He’s actually been openly talking about them on Twitter for a while. Quote Link to post Share on other sites
McBokonon 3,660 Posted February 24 Share Posted February 24 48 minutes ago, FreeBaGeL said: This NNOX news seems like a pretty big deal, no? Bunch of call sweeps got fired off on that news. Looks like they are buying March 5 $59 strike for 6 bucks each. They report on Tuesday, I think. If we could get an FDA announcement the night before, I’m going to take a vodka bath. 2 Quote Link to post Share on other sites
McBokonon 3,660 Posted February 24 Share Posted February 24 31 minutes ago, David Dodds said: GME headed for the moon today. The stock all of you hate is now up 15%+ on Ryan Cohen's ice cream twitter post. We weren’t talking about the stock, just the business. No doubt you can make money trading the stock right now and I hope you clean up. 2 Quote Link to post Share on other sites
BassNBrew 11,514 Posted February 24 Share Posted February 24 Is Jeffrey Bezos ruining anyone else’s day? 1 Quote Link to post Share on other sites
General Malaise 27,539 Posted February 24 Share Posted February 24 Just now, BassNBrew said: Is Jeffrey Bezos ruining anyone else’s day? He's not getting a BnB Xmas card from you this year is he? 2 Quote Link to post Share on other sites
Bob Sacamano 9,993 Posted February 24 Share Posted February 24 1 hour ago, randall146 said: Can someone explain to me why my fundamental concern about SPACs is incorrect? I admit I am a total newb but here goes: SPAC gets listed for $10. You get in somewhat early for $10.50. Rumors start flying that SPAC is going to acquire XYZ. XYZ looks like a good company and is in a hot sector so SPAC rises to $15. Then for a while rumors continue and people debate the merits of XYZ and SPAC numbers go up or down. Then at some point a deal becomes more likely and again the price rises or falls based on what the market thinks of XYZ. But what never seems to be discussed until it's an afterthought is how much of XYZ SPAC is acquiring, and at what price. It's like evaluating someone's portfolio knowing only the company names, not the amounts owned or purchase price. So it seems like all you get with a SPAC is the possibility of acquiring some percentage of some company, or you get $10 back. I don't think it is. You have to be cautious how you play them. Entry and exit points matter, and buy and hold is not necessarily your friend. Quote Link to post Share on other sites
beef 2,985 Posted February 24 Share Posted February 24 (edited) I'd think about adding more UVXY here, but have a feeling I might be able to buy in the 7's soon. Or 5's... Edited February 24 by beef 1 Quote Link to post Share on other sites
steelerfan1 402 Posted February 24 Share Posted February 24 On 2/23/2021 at 10:36 AM, Todem said: No. Sit tight and I will give the word. Market is still frothy. This is just getting started. Wait for the shmucks on CNBC to start pimping panic. Don’t worry....I will be here to give a back the truck up buy signal like we did back in March 2020. I don’t think you will see that kind of selloff. But a healthy 10-15% correction is what I am looking for. Thank you sir. Quote Link to post Share on other sites
steelerfan1 402 Posted February 24 Share Posted February 24 10 minutes ago, BassNBrew said: Is Jeffrey Bezos ruining anyone else’s day? Is he running BABA now.... Quote Link to post Share on other sites
stbugs 3,363 Posted February 24 Share Posted February 24 3 minutes ago, FreeBaGeL said: This NNOX news seems like a pretty big deal, no? Bunch of call sweeps got fired off on that news. Looks like they are buying March 5 $59 strike for 6 bucks each. Uh, that looks huge and ugly compared to this: https://g-foolcdn-com.cdn.ampproject.org/i/s/g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F609753%2Fnanox.jpg&w=1200&op=resize Also, that sure doesn’t look like a production plant. That production version really wouldn’t excite me based on the images we’ve seen so far. Quote Link to post Share on other sites
David Dodds 2,721 Posted February 24 Share Posted February 24 They halted my GME win at 73.78% up...LMAO 8 1 Quote Link to post Share on other sites
2Squirrels1Nut 2,497 Posted February 24 Share Posted February 24 1 minute ago, David Dodds said: They halted my GME win at 73.78% up...LMAO HFS, this is what I get for working out instead of buying stocks. Nicely done GB. Quote Link to post Share on other sites
Leeroy Jenkins 3,045 Posted February 24 Share Posted February 24 58 minutes ago, David Dodds said: GME headed for the moon today. The stock all of you hate is now up 15%+ on Ryan Cohen's ice cream twitter post. WHAT DOES IT MEAAAANNNN Quote Link to post Share on other sites
Wild Young Billy 126 Posted February 24 Share Posted February 24 (edited) 1 hour ago, David Dodds said: Going for my fifth circuit of AMC now. Just got in for a LOT at 7.60. I have buys triggering for 7.50, 7.40, and 7.30. This stock could catapult after the short interest report gets published tonight after hours. It's over 9 now, seems too late to get in. Edited February 24 by Wild Young Billy Quote Link to post Share on other sites
McBokonon 3,660 Posted February 24 Share Posted February 24 7 minutes ago, stbugs said: Uh, that looks huge and ugly compared to this: https://g-foolcdn-com.cdn.ampproject.org/i/s/g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F609753%2Fnanox.jpg&w=1200&op=resize Also, that sure doesn’t look like a production plant. That production version really wouldn’t excite me based on the images we’ve seen so far. The guy who tweeted that is a NNOX advisor. Well respected, member of the Google Health Advisory Board and a digital expert for the WHO. It’s possible that’s the multi source version and that’s why it’s bigger but no idea. Quote Link to post Share on other sites
John Kreese 75 Posted February 24 Share Posted February 24 1 minute ago, Wild Young Billy said: It's over 9 now, seems too late to get in. I was going to jump in at 7.75 and I chickened out. 😢 Quote Link to post Share on other sites
David Dodds 2,721 Posted February 24 Share Posted February 24 3 minutes ago, Leeroy Jenkins said: WHAT DOES IT MEAAAANNNN It was a picture of a soft serve ice cream essentially code word to HLOD or BUY 1 Quote Link to post Share on other sites
Leeroy Jenkins 3,045 Posted February 24 Share Posted February 24 Just now, David Dodds said: It was a picture of a soft serve ice cream essentially code word to HLOD or BUY I know. And 90% of the tweets after it are asking what it means -- apparent translation is the ice cream machine is fixed LOL Quote Link to post Share on other sites
David Dodds 2,721 Posted February 24 Share Posted February 24 corrupt market halts trading so we can't exit even if we wanted to. Quote Link to post Share on other sites
Capella 31,447 Posted February 24 Share Posted February 24 stonks 1 Quote Link to post Share on other sites
David Dodds 2,721 Posted February 24 Share Posted February 24 I think I am going to enjoy my life after FBG. These last three days been very good to me. 7 Quote Link to post Share on other sites
TripItUp 4,153 Posted February 24 Share Posted February 24 2 minutes ago, David Dodds said: I think I am going to enjoy my life after FBG. These last three days been very good to me. Well done Dodds! It's fun to follow. Quote Link to post Share on other sites
David Dodds 2,721 Posted February 24 Share Posted February 24 of course they open it back up after hours. A bunch of crooks 1 Quote Link to post Share on other sites
General Malaise 27,539 Posted February 24 Share Posted February 24 My 30% cash position lasted 26 hours. Now 10% cash. Welcome to the portfolio AMC. Also OKE and I guess now I'm a republican. 3 4 1 Quote Link to post Share on other sites
Bob Sacamano 9,993 Posted February 24 Share Posted February 24 3 hours ago, TripItUp said: helps to have Fed on your side. It must be nice, it must be nice 1 1 Quote Link to post Share on other sites
General Malaise 27,539 Posted February 24 Share Posted February 24 I haven't been to a movie theater in 10 years easy. I probably won't ever go to another movie theater in my lifetime. And yet........ Quote Link to post Share on other sites
General Malaise 27,539 Posted February 24 Share Posted February 24 1 minute ago, Bob Sacamano said: It must be nice, it must be nice It must be nice Quote Link to post Share on other sites
stbugs 3,363 Posted February 24 Share Posted February 24 10 minutes ago, McBokonon said: The guy who tweeted that is a NNOX advisor. Well respected, member of the Google Health Advisory Board and a digital expert for the WHO. It’s possible that’s the multi source version and that’s why it’s bigger but no idea. That’s cool and all, but it just looks like the prototype got in a horrible accident and has severe swelling. Everything we had seen before was cool and sleek. that just looks big and ugly. 1 Quote Link to post Share on other sites
Nick Vermeil 3,539 Posted February 24 Share Posted February 24 NAKD on the jump too. Quote Link to post Share on other sites
Swaymoney 66 Posted February 24 Share Posted February 24 https://investorplace.com/hypergrowthinvesting/2021/02/lucid-motors-cciv-stock-merger-confirmed-buy-cciv-10x-gains/ With the Lucid Motors Merger Confirmed, CCIV Stock Is Your 10X Opportunity 2/23/2021 8:10am EST By Luke Lango, InvestorPlace Senior Investment Analyst There is one company in the world that has what it takes to rival Tesla (NASDAQ:TSLA) in the multi-trillion-dollar global electric vehicle revolution. That company — U.S.-based luxury EV maker Lucid Motors — just confirmed that it will be going public through a merger with blank-check company Churchill Capital Corp IV (NYSE:CCIV). Yet, on confirmation of that merger, CCIV stock plunged. This plunge in CCIV stock is a golden buying opportunity, for three big reasons: Merger execution risks surrounding CCIV stock have been eliminated. We now know that the value of CCIV stock is backed by the fundamental earnings power of Lucid Motors. Operationally, Lucid Motors is where Tesla was 10 years ago — and has all the right ingredients and necessary firepower to turn into a major force in the global EV market soon. Given the company’s long-term earnings growth potential, Lucid Motors is worth about $100 billion today. That implies a fair price for CCIV stock of over $60. Long-term, shares could soar to $400 — representing 10X upside potential from the CCIV stock price today. So, forget these “buy the rumor, sell the news” dynamics. Instead, zoom out, focus on the big picture, and buy (and hold) Lucid Motors stock for the long haul. CCIV Stock: Buy the Rumor, Sell the News First, let’s talk about how Lucid Motors got here. There have been murmur for weeks that Lucid Motors would go public via a merger with blank-check company Churchill Capital Corp IV. On those rumors, CCIV stock soared rapidly. From $10 to nearly $70 in a matter of weeks. Those rumors were confirmed yesterday. Lucid Motors said in a press release that it will, indeed, go public through a merger with Churchill Capital. But CCIV stock sunk on the news – probably because the merger valued the company at $25 billion, while the CCIV stock price at the time was valuing Lucid Motors at about 4X that, or around $100 billion. To that extent, the immediate, gut-reaction sell off in Lucid Motors stock makes sense. But, the fundamentals here imply that Lucid Motors is actually worth more than $100 billion today, even though the company hasn’t sold a single car yet. Here’s why. Everything It Takes to Be the Next Tesla Zooming out, Lucid Motors has everything it takes — and, importantly, is the only company that has everything it takes — to be the “next Tesla.” This, of course, implies big things ahead for CCIV stock. I’m not exaggerating when I say: “Lucid Motors has it all.” The EV maker has the talent. The company is led by Peter Rawlinson, the former Chief Engineer of the Tesla Model S. 3 1 Quote Link to post Share on other sites
Bob Sacamano 9,993 Posted February 24 Share Posted February 24 8 minutes ago, Nick Vermeil said: NAKD on the jump too. @General Malaise 1 2 Quote Link to post Share on other sites
Worm 2,168 Posted February 24 Share Posted February 24 GME crashed Reddit 1 Quote Link to post Share on other sites
General Malaise 27,539 Posted February 24 Share Posted February 24 4 minutes ago, Bob Sacamano said: @General Malaise Funny thing about this..... 1 Quote Link to post Share on other sites
McBokonon 3,660 Posted February 24 Share Posted February 24 15 minutes ago, stbugs said: That’s cool and all, but it just looks like the prototype got in a horrible accident and has severe swelling. Everything we had seen before was cool and sleek. that just looks big and ugly. It could look like my dog’s butt as long as it works. 1 1 Quote Link to post Share on other sites
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