Stock Thread

[eoMMan 5,701]

7 hours ago, hooter311 said:

Grayscale's gdlc does pretty much the same.

But isn't that just bitcoin? I don't think that give you exposure to other crypto currencies. 

[identikit 1,544]

5.10% yesterday

[David Dodds 2,753]

4 hours ago, JB Breakfast Club said:

I am kinda addicted to the stonks rush...Covid took away casinos, so this is like an all day rush waiting for the rocket ship. I thought going to the moon was a farce early on, but the price sticking above 100 has me believing we are about to see something special. 

• Only 70 million shares of GME stock. Many are in diamond hands (institutions, Ryan Cohen, and WSB)
• Because the stock was so cheap a few years ago, people were able to load up on options that are coming in now every Friday. As those people choose to take the stock, the float keeps reducing. 
• Although some short positions left, other copycat hedge funds piled in to short as the share price increased. Some of the research suggests that as many as 55 million synthetic shares exist and will need to be covered eventually.
• Don't underestimate the activist angle. Some people are not investing. They are buying and hodling in an effort to punish naked short sellers.
• Also don't underestimate people liking the concept of a Ryan Cohen led GameStop experience. Those with pets love Chewy and only buy from them now. The gaming industry is $200B and growing. People looking at the current brick and mortar company are missing what the company is soon going to be.  
• The various simulations all keep showing the same thing. If people collectively hodl this will keep ratcheting higher. It's the perfect Pyschology experiment. Will you stand with your brother or will you sell to make sure you get yours?

I am not a financial advisor, but I like the stock.

 

Edited March 2 by David Dodds

[hooter311 2,955]

36 minutes ago, eoMMan said:

But isn't that just bitcoin? I don't think that give you exposure to other crypto currencies. 

Gbtc is bitcoin only.

 

Gdlc is comprised of btc, eth, bitcoin cash, and litecoin.

[McBokonon 3,775]

10 hours ago, McBokonon said:

$SE reports before market open tomorrow. It's 12.76% of our individual stock positions which is way too much. Should probably trim but ride or die.

It'll report ridiculous numbers and the stock will react how it reacts - hodling for 3-10 years.

Dipping premarket as I guess they missed estimates. But:

Total GAAP revenue was US$1.6 billion, up 101.6% year-on-year.

Total gross profit was US$533.7 million, up 101.5% year-on-year.

E-Commerce GAAP revenue was US$842.2 million, up 178.3% year-on-year.

And on and on. Triple digit growth everywhere. I like the stock.

[McBokonon 3,775]

14 minutes ago, McBokonon said:

Dipping premarket as I guess they missed estimates. But:

Total GAAP revenue was US$1.6 billion, up 101.6% year-on-year.

Total gross profit was US$533.7 million, up 101.5% year-on-year.

E-Commerce GAAP revenue was US$842.2 million, up 178.3% year-on-year.

And on and on. Triple digit growth everywhere. I like the stock.

Solidly green now as investors have finished their coffee. $SE also established Sea Capital, which looks like will be their venture capital arm, and Sea AI Labs. Beast. 

[culdeus 7,532]

With the last stimulus check out now is the time to rotate into value jmo.  

[Nigel 3,608]

47 minutes ago, McBokonon said:

Dipping premarket

Or not  

[McBokonon 3,775]

On 2/12/2021 at 9:40 AM, McBokonon said:

We were talking about Jonah Lupton the other day - he's recommending $TMDX now.

$TMDX popping premarket - they report today but don’t see news otherwise. 

[CR69 1,520]

2 hours ago, culdeus said:

With the last stimulus check out now is the time to rotate into value jmo.  

The $1,400 checks aren't even approved by the senate yet, let alone found their way into the market though? Also, the Fed injecting trillions of dollars directly into the economy has way more of an impact than stimulus checks imo. 

[JAA 2,844]

4 hours ago, hooter311 said:

Gbtc is bitcoin only.

 

Gdlc is comprised of btc, eth, bitcoin cash, and litecoin.

How high are you on $GDLC?

[Bob Sacamano 10,061]

Set my buy order for MELI at $1615. It bounced off of $1620. So close. Going to end up paying more for it, no doubt.

[McBokonon 3,775]

1 minute ago, Bob Sacamano said:

Set my buy order for MELI at $1615. It bounced off of $1620. So close. Going to end up paying more for it, no doubt.

It’s $163X now - why not just buy it here instead of quibbling over a few bucks?

[Bob Sacamano 10,061]

2 minutes ago, McBokonon said:

It’s $163X now - why not just buy it here instead of quibbling over a few bucks?

I did. But I didn't know if I'd be online at the open. That's the price I set last night. Missed it by :thatmuch:

[David Dodds 2,753]

I am going to need a bigger moat.

[pecorino 2,212]

On 2/18/2021 at 3:28 PM, Bossman said:

Took me a bit to figure it out as well. Why would someone pay ME to buy stock at a price lower than it's trading for?

People buying puts are betting the stock price will go down and will be less than the strike price by the strike date.

1 of 2 scenarios will happen here;

 Pecorino just pocketed $1200 for doing nothing .... 4 contracts (400 shares) x $3 ea = $1200

... or, on 3/19/21 Pecorino will own 400 shares of PLTR at a cost basis of $22.00 a share ($25 strike price less $3 premium which he gets to keep regardless of if the stock is put to him or not)

A win/win scenario if you don't mind owning PLTR for $22

If I wanted to own PLTR, I would also do this. OK, I talked me into it. I'm in.

Just to follow up on this example after a couple of weeks. Since selling four PLTR puts when it was trading at $25.50, the share price rose to almost $29, dipped below $23 and is now trading right around $25 again. Someone who is trading could have purchased it at $25 (when I sold the puts) and sold at $29, if they had impeccable timing of course. Or they could have bought at $25 two weeks ago and now it is back to $25, no harm no foul, and a very likely scenario. Also no gain.

For the put seller, the stock price is back to where it was when I sold the puts, but the value of the puts have decayed by almost 50%. That's a good thing--since I'm the seller I want the value of the puts to go down with the prospect of them expiring worthless (meaning I net the entire $1200 premium) or buy them back before 3/19 for a fraction of that premium. So on a stock price that went sideways, I've got 50% ROI in two weeks, and if another pop happens now (let's say back to $29), then I'd be able to close the position and capture almost all of the premium. Of course, a stock owner would be just as happy with a move back to $29 to sell their shares. In fact, that person and I would have the same amount of gain, roughly $1200, but the put seller risked much less and also stands to net that whole premium even if the stock price doesn't pop and lingers around $25.

 

[culdeus 7,532]

49 minutes ago, CR69 said:

The $1,400 checks aren't even approved by the senate yet, let alone found their way into the market though? Also, the Fed injecting trillions of dollars directly into the economy has way more of an impact than stimulus checks imo. 

It's going to happen, you buy the news, sell the (well nothing, hodl).  Growth stocks have had a monster run, rotating out of that into small/mid cap value is something I've been eying as a post vax, end of stimulus move.  I'm not a stock picker, I mostly do indexes.

[Sand 6,171]

UWMC, how you doin'?  The CEO is talking special dividend, stock buyback, entry to Russell 1000.  Lots of good things happening here.

Also, who would have known, but RKT was the play in this space.  50% this week. 🚀

Edited March 2 by Sand

[BassNBrew 11,674]

16 minutes ago, Sand said:

UWMC, how you doin'?  The CEO is talking special dividend, stock buyback, entry to Russell 1000.  Lots of good things happening here.

Also, who would have known, but RKT was the play in this space.  50% this week. 🚀

Boom!

After DCA down UWMC was my second largest holding.  Just sold moat loads acquired last week on the plunge.

[John Kreese 75]

TGT up big on earnings.. wait..

[dino259 619]

2 minutes ago, BassNBrew said:

Boom!

After DCA down UWMC was my second largest holding.  Just sold moat loads acquired last week on the plunge.

What kind of a factor do you give to their ex dividend date of 3/9?  Is it really a dividend of 5.28%?

 

[BassNBrew 11,674]

1 minute ago, dino259 said:

What kind of a factor do you give to their ex dividend date of 3/9?  Is it really a dividend of 5.28%?

 

None.  I only sold a 1/3 but ny day I see a 15% pop in a stock I'm taking some profits.

[BassNBrew 11,674]

Speaking of picking up nickels, thanks to whoever mentioned TWLVU trading below the $10 NAV.  Just picked up 500 nickels.

[Nigel 3,608]

UUUU having a nice morning

[JAA 2,844]

On 2/24/2021 at 10:14 AM, rick6668 said:

On 2/24/2021 at 10:11 AM, JAA said:

Hopefully you held AGTC, up over 10% today

I did.  Still down over 30% though...

still down?

[rick6668 1,255]

Just now, JAA said:

still down?

Yup.  30%

[hooter311 2,955]

1 hour ago, JAA said:

How high are you on $GDLC?

Gdlc currently trading at about 23% premium over asset value. 

 

I like it because of the ete exposure and even litecoin.  Wish it was link instead of bitcoin cash it was holding though.

[eaganwildcats 942]

@General Malaise $PLGNF! 🚀

If sitting on cash $ACND might not be a bad replacement. Market reacted negatively to their merger announcement, but floor is $10 (can just redeem for cash worst case) so not a bad place to park some $$ and hope for a bounce. I am in at $10.02.  

[urbanhack 12,450]

12 minutes ago, eaganwildcats said:

@General Malaise $PLGNF! 🚀

If sitting on cash $ACND might not be a bad replacement. Market reacted negatively to their merger announcement, but floor is $10 (can just redeem for cash worst case) so not a bad place to park some $$ and hope for a bounce. I am in at $10.02.  

You are up in cake. 

[eaganwildcats 942]

5 minutes ago, urbanhack said:

You are up in cake. 

I do not know what these words mean 

[ConstruxBoy 1,344]

37 minutes ago, hooter311 said:

Gdlc currently trading at about 23% premium over asset value. 

 

I like it because of the ete exposure and even litecoin.  Wish it was link instead of bitcoin cash it was holding though.

I almost like LINK more because it's NOT in that fund, tbh.

[Angry Beavers 2,064]

BUZZ ETF coming out on Thursday.......... I may have to check that out. Makes a lot of sense in the world in which we live. 

[Desert_Power 1,109]

1 minute ago, Angry Beavers said:

BUZZ ETF coming out on Thursday.......... I may have to check that out. Makes a lot of sense in the world in which we live. 

This makes me want to put all of my money under my mattress. So silly.

[General Malaise 27,589]

38 minutes ago, eaganwildcats said:

@General Malaise $PLGNF! 🚀

If sitting on cash $ACND might not be a bad replacement. Market reacted negatively to their merger announcement, but floor is $10 (can just redeem for cash worst case) so not a bad place to park some $$ and hope for a bounce. I am in at $10.02.  

[General Malaise 27,589]

On 2/19/2021 at 10:59 AM, General Malaise said:

I would honestly treat UUUU the way @Todem treats BLDP.....sure, you can trade it, but I think this is a 10 bagger in due time.  I have it on good authority that management of UUUU is going to seek out some assistance from a rare earth elements processor and the jockey of that particular company is the Mike Smith of REE company execs.  If they can get in bed with him and harness the potential they are sitting on, this is a freaking home run.******


*****In this environment.  In other words, as long as we're seeing a seachange back into REE and industrial metals (uranium, tin, lithium, cobalt, etc) there will be a few beneficiaries of this inflow and if you look around our country at companies that are positioned to benefit from processing rare earths, UUUU is the most attractive gal at the party.  And really, one of the only ones too.

 

Neo Performance Materials, Energy Fuels Jointly Launch Rare Earth Production Initiative....

When I mentioned the 'Mike Smith' of REE execs, I was talking about Constantine Karayannopoulos of Neo.  You might remember him from Neo Material, which was purchased by Molycorp back in the REE boom of 2012.  This guy can can the 15 footer and hit a curveball. 

[fruity pebbles 3,307]

Pretty clear the Fed is now controlling the long end of the yield curve. 

[Bob Sacamano 10,061]

3 minutes ago, General Malaise said:

 

Neo Performance Materials, Energy Fuels Jointly Launch Rare Earth Production Initiative....

When I mentioned the 'Mike Smith' of REE execs, I was talking about Constantine Karayannopoulos of Neo.  You might remember him from Neo Material, which was purchased by Molycorp back in the REE boom of 2012.  This guy can can the 15 footer and hit a curveball. 

[Ridgeback 94]

55 minutes ago, eaganwildcats said:

@General Malaise $PLGNF! 🚀

If sitting on cash $ACND might not be a bad replacement. Market reacted negatively to their merger announcement, but floor is $10 (can just redeem for cash worst case) so not a bad place to park some $$ and hope for a bounce. I am in at $10.02.  

Thanks, good place to park over cash.

[General Malaise 27,589]

32 minutes ago, Bob Sacamano said:

He wasn't to blame for the clusterscrew that followed.....

[Bob Sacamano 10,061]

Just now, General Malaise said:

He wasn't to blame for the clusterscrew that followed.....

Just wishing I'd taken the cash and run like Kige Ramsey at the site of a breathing female. And that I'd gotten in on this instead of puckering at the mention of REE.

[rick6668 1,255]

24 minutes ago, Ridgeback said:

Thanks, good place to park over cash.

Why is this a good place for cash?

 

[General Malaise 27,589]

Just now, Bob Sacamano said:

Just wishing I'd taken the cash and run like Kige Ramsey at the site of a breathing female. And that I'd gotten in on this instead of puckering at the mention of REE.

I hear ya, GB.  

[rick6668 1,255]

1 hour ago, John Kreese said:

TGT up big on earnings.. wait..

So news looks good, why the drop?

[Bob Sacamano 10,061]

1 minute ago, General Malaise said:

I hear ya, GB.  

The intersection of U and REE imo

[Bob Sacamano 10,061]

I know what you're saying, though. Neo was very good to me.

[Bob Sacamano 10,061]

I haven't touched a new SPAC in a while. Waiting for those I own to announce a DA or get to an exit point. But I purchased more HAACW at this point. I'm trusting in this management team to do something special.

[John Kreese 75]

26 minutes ago, rick6668 said:

So news looks good, why the drop?

I'm guessing because they wouldn't issue any guidance for 2021.

[stbugs 3,428]

Just now, John Kreese said:

I'm guessing because they wouldn't issue any guidance for 2021.

Probably also the fact that it has run up a lot.

[Ridgeback 94]

5 hours ago, rick6668 said:

Why is this a good place for cash?

 

Because it really shouldn't dip below $10, or more than 1% below that, as that's the navigation price. There's always a chance for a pop for future news. 

Edited to add, but don't listen to me, as I'm the Anti-King Midas. 

Edited March 2 by Ridgeback
.

[Leeroy Jenkins 3,083]

This is kinda bull####.