Stock Thread

[Desert_Power 1,034]

2 hours ago, Bob Sacamano said:

Everybody on the planet, except two guys in Chad who store their Francs in the rotting corpse of a cheetah, has refinanced in the last year. And rates are rising. What's the bull case here?

This is good reading on it.

[2Squirrels1Nut 2,496]

Bought some more GME.  Looking for a quick flip before to the close to cover my nut and keep some shares.

[2Squirrels1Nut 2,496]

1 hour ago, David Dodds said:

I am a has been. I have zero powers. You can call a spade a spade. I am good with it.

You are legend and I mean that sincerely.

[David Dodds 2,719]

never in doubt. Stonks only go up.

[2Squirrels1Nut 2,496]

12 minutes ago, 2Squirrels1Nut said:

Bought some more GME.  Looking for a quick flip before to the close to cover my nut and keep some shares.

And out doubling my "free" shares.

[Sand 6,102]

24 minutes ago, JAA said:

Nice GME DD for those not on reddit: https://www.reddit.com/r/wallstreetbets/comments/lsvl8k/really_long_dd_and_analysis_what_happened/

Nowhere in there is proof that these shares were shorted.  They could have simply been sold.  As much as I love a good  story I need to see the ledgers that show shorting.

(I bought 1 GME at 100 so I could follow along with all this.  Yes, I'm a baller.)

[hooter311 2,949]

1 hour ago, David Dodds said:

I am a has been. I have zero powers. You can call a spade a spade. I am good with it.

One of us!  One of us!  

[hooter311 2,949]

18 minutes ago, 2Squirrels1Nut said:

You are legend and I mean that sincerely.

I've followed dobbs the last 24 years, ain't no stopping now!

[rick6668 1,254]

Making a run here..

[Capella 31,415]

PUUUUUUUUUUUSH

[CGRdrJoe 4,106]

This next hour will help determine what level drunk I get tonight  

Edited February 26 by CGRdrJoe

[[icon] 10,049]

2 minutes ago, CGRdrJoe said:

This next hour will help determine what level drunk I get tonight  

Tonight is straight YOLO for me either way. 

[JAA 2,789]

It starting 

[Desert_Power 1,034]

Sign of how much SPACs have cooled that a new issuance is actually trading below NAV today (TWLVU)

[Capella 31,415]

18 minutes ago, Capella said:

PUUUUUUUUUUUSH

THE OTHER WAY DAMMIT

[caustic 4,088]

9 minutes ago, Desert_Power said:

Sign of how much SPACs have cooled that a new issuance is actually trading below NAV today (TWLVU)

It's kind of depressing, seems like CCIV really shot a hole through the SPAC bubble (and the broader market downturn didn't help, either). Keeping all my SPACs for now though, I still believe! 

[ConstruxBoy 1,323]

2 hours ago, Angry Beavers said:

my average is worse than that 121... don't tell my wife.. TIA

User name would check out...

[ConstruxBoy 1,323]

1 hour ago, jamny said:

What is everyone's favorite ARK besides ARKK? Considering ARKG

I like ARKF because it has less overlap in top holdings. Saw some commentary on that here today: Link

Basically no Orange in that last graph.

[BassNBrew 11,505]

Cathie Wood getting taken to the woodshed.

[ConstruxBoy 1,323]

:Swoon:

 

[jamny 6,592]

Low volume on almost everything on my list, whether up or down on the day. Not a lot of confidence in either direction it seems. I'm not sure if that's good news and is a signal that things will look better next week or if the next shoe is yet to drop.

[2Squirrels1Nut 2,496]

19 minutes ago, caustic said:

It's kind of depressing, seems like CCIV really shot a hole through the SPAC bubble (and the broader market downturn didn't help, either). Keeping all my SPACs for now though, I still believe! 

I am too. Down % wise but $ wise it's immaterial for the potential upside.  Sooner or later most of the weak hands will be shaken out. 

[caustic 4,088]

Just now, 2Squirrels1Nut said:

I am too. Down % wise but $ wise it's immaterial for the potential upside.  Sooner or later most of the weak hands will be shaken out. 

Yeah, the only one I've lost quite a bit on is IPOE. Violated my own "don't buy above $11" rule and paid dearly.  Should be fine long term, though.

[Bossman 1,874]

Anyone else have a fear that an announcement will be made that DD's FBG's message board account was hacked?

.... and some kid from Newark was using it to try to pump the price of both his shares of GME?

[The Man With No Name 1,139]

This month has not been good. End it already

[Sand 6,102]

14 minutes ago, Bossman said:

Anyone else have a fear that an announcement will be made that DD's FBG's message board account was hacked?

.... and some kid from Newark was using it to try to pump the price of both his shares of GME?

SEC suspends 15 tickers due to questionable social media activity today.

Hmmm...  seems timely, doesn't it?

[David Dodds 2,719]

Pretty much accomplished what I set out to do today. I hold lots of GME and 2,000 AMC. 

I am not worried about the price as I don't suspect many people were actually selling at these discounts.

See everyone on Monday.

[hooter311 2,949]

+12.23% on the month despite making some of the worst financial decisions of my life.

 

God bless America.

Death to the shorts!

[JAA 2,789]

1 hour ago, Sand said:

Nowhere in there is proof that these shares were shorted.  They could have simply been sold.  As much as I love a good  story I need to see the ledgers that show shorting.

(I bought 1 GME at 100 so I could follow along with all this.  Yes, I'm a baller.)

So you dispute the FINRA data?

[2Squirrels1Nut 2,496]

9 minutes ago, Sand said:

SEC suspends 15 tickers due to questionable social media activity today.

Hmmm...  seems timely, doesn't it?

I'm clean

[Shula-holic 2,494]

I'm seeing some really crazy pricing and contract offers in real estate markets where I own rentals.  I don't have an extremely large portfolio so that I can really sell much, but just seeing people pay crazy money.  Some of these new owners won't make 5% if they operate perfectly.  I don't like those odds.  I guess this is all a function of low rates because rents haven't grown to support the valuations.  The action on the 10 year also leads me to believe this soon ends in some real estate price declines.

Edited February 26 by Shula-holic

[stbugs 3,358]

12 minutes ago, Sand said:

SEC suspends 15 tickers due to questionable social media activity today.

Hmmm...  seems timely, doesn't it?

Not GME. If you read the release it mentions that no financial statements have been released by the companies for over a year. To be honest, I don’t blame them. These are ones like SFIO (not to pile on, just recall looking at them) but on Yahoo Finance, there’s no revenue or balance sheet/income/financials at all. Most companies have 4 years of stuff to easily look at. The only article is this:

https://finance.yahoo.com/news/smokefree-innotec-signs-definitive-agreement-143000658.html

I’m not really sure where Los Vegas is in Nevada, but I’ve been to Las Vegas a few times.

I would think that it would be a good thing for the SEC to halt trading if you’ve got companies with no financial information for years. The only thing you could be trading on is social media hearsay and we know the insiders won’t get hurt, just the random folks who invest and don’t even know how many outstanding shares there are.

[stbugs 3,358]

4 minutes ago, Shula-holic said:

I'm seeing some really crazy pricing and contract offers in real estate markets where I own rentals.  I don't have an extremely large portfolio so that I can really sell much, but just seeing people pay crazy money.  Some of these new owners won't make 5% if they operate perfectly.  I don't like those odds.  I guess this is all a function of low rates because rents haven't grown to support the valuations.  The action on the 10 year also leads me to believe this soon ends in some real estate price declines.

I’ve noticed that houses near some of the places I’ve looked for a 2nd/retirement home have seen a lot of increases lately. I figure with CV that beach and lake houses got a nice bump but I do think you are right about interest rates. Maybe people parking money at lower rates because they think that’s going away. I just refinanced and lowered the term to a 15 so I could double my principal payments so I’d have more money to put down when we want to move. By double I mean my payment amount goes up by $X moving to a 15, but the lower interest rate means the principal increase in each payment is $2X. Basically gives me a 100% return on the extra money. That’ll be good because I’d like to put down more when we move because I do anticipate rates being higher so we’d finance less.

[Shula-holic 2,494]

5 minutes ago, stbugs said:

I’ve noticed that houses near some of the places I’ve looked for a 2nd/retirement home have seen a lot of increases lately. I figure with CV that beach and lake houses got a nice bump but I do think you are right about interest rates. Maybe people parking money at lower rates because they think that’s going away. I just refinanced and lowered the term to a 15 so I could double my principal payments so I’d have more money to put down when we want to move. By double I mean my payment amount goes up by $X moving to a 15, but the lower interest rate means the principal increase in each payment is $2X. Basically gives me a 100% return on the extra money. That’ll be good because I’d like to put down more when we move because I do anticipate rates being higher so we’d finance less.

I don't think you can go wrong with that move.  I bought a beach place in 2017, preconstruction.  Going down to close it a week from today.  Some stupid stuff going on now price wise.  I got in mine so good I can afford to keep it but wishing I had bought two, and I considered that at the time.  The move would definitely be to sell one to lower the cash outlay in the other.  I bought where my kids like to go though and they are 10 and 6 so at the ages now is the time to do this and enjoy this part of our lives.  When we aren't using it the rental projections on this thing are pretty stout given my entry point.  I'd just hate to be that guy buying into it now.

[BassNBrew 11,505]

57 minutes ago, Shula-holic said:

I'm seeing some really crazy pricing and contract offers in real estate markets where I own rentals.  I don't have an extremely large portfolio so that I can really sell much, but just seeing people pay crazy money.  Some of these new owners won't make 5% if they operate perfectly.  I don't like those odds.  I guess this is all a function of low rates because rents haven't grown to support the valuations.  The action on the 10 year also leads me to believe this soon ends in some real estate price declines.

Yeah, it's rate driven.  I bought one in September where the rent is only .63% of the price and it's still cashing flowing $600 a month.  25% down to get that rate so the return is 9.6% a year.  It's already appreciated 7.5% in 6 months.

Newer place that I didn't have to put more than $200 in.  Amazing what an investor loan at 3.375% will do for you vs. the ones I bought years ago at 5-6%.

[Sand 6,102]

1 hour ago, JAA said:

So you dispute the FINRA data?

That thread quoted no data about the origin of those sales.  If FINRA says they were shorted, then I certainly don't dispute that.

 

1 hour ago, stbugs said:

Not GME. If you read the release it mentions that no financial statements have been released by the companies for over a year. To be honest, I don’t blame them. These are ones like SFIO (not to pile on, just recall looking at them) but on Yahoo Finance, there’s no revenue or balance sheet/income/financials at all. Most companies have 4 years of stuff to easily look at. The only article is this:

https://finance.yahoo.com/news/smokefree-innotec-signs-definitive-agreement-143000658.html

I’m not really sure where Los Vegas is in Nevada, but I’ve been to Las Vegas a few times.

I would think that it would be a good thing for the SEC to halt trading if you’ve got companies with no financial information for years. The only thing you could be trading on is social media hearsay and we know the insiders won’t get hurt, just the random folks who invest and don’t even know how many outstanding shares there are.

I was just joshing because there was talk of DD getting hacked, etc.

 

[JAA 2,789]

11 minutes ago, Sand said:

That thread quoted no data about the origin of those sales.  If FINRA says they were shorted, then I certainly don't dispute that.

 

I was just joshing because there was talk of DD getting hacked, etc.

 

The thread shows the FINRA data and that the short interest is now at something like 12%. 

[-OZ- 8,319]

that was an ugly week.

But if you had told me 29 days ago that the accounts would be up 3.6% for the month I'd have been okay with it.

[Nick Vermeil 3,537]

Down 16% on current holdings, but up 4% for the month.  Hopeful for March!

[kevzilla 7,965]

I bought a lot of things this month, but I'm only up on UVXY.

[BassNBrew 11,505]

1 hour ago, -OZ- said:

that was an ugly week.

But if you had told me 29 days ago that the accounts would be up 3.6% for the month I'd have been okay with it.

 

1 hour ago, Nick Vermeil said:

Down 16% on current holdings, but up 4% for the month.  Hopeful for March!

Well done gents.  Down 1.4% here.  I'll give you one guess who was down more at -3.6%.  If I wasn't carrying that boat anchor I would have been in the green for the month.  Also take note Tim Crook, you're on may radar.  

[-OZ- 8,319]

1 hour ago, Nick Vermeil said:

Down 16% on current holdings, but up 4% for the month.  Hopeful for March!

You can tell we're spoiled when we're hopeful for more than 4% in any month (my projections for the next couple decades are set at 4% annually). I mean that's >48% for a year. Considering I'm mostly buy and hold that would be great.

Edited February 27 by -OZ-

[jamny 6,592]

51 minutes ago, -OZ- said:

You can tell we're spoiled when we're hopeful for more than 4% in any month (my projections for the next couple decades are set at 4% annually). I mean that's >48% for a year. Considering I'm mostly buy and hold that would be great.

My goal is always 1% for the week and I'm happy when I hit it.

[-OZ- 8,319]

1 hour ago, jamny said:

My goal is always 1% for the week and I'm happy when I hit it.

I'm a fan of the 1% better concept. https://jamesclear.com/continuous-improvement

Might work for finances too 👍

[eaganwildcats 939]

Good month overall - current market kind of petrifies me, but not enough to do much about it I guess. 
 

If anyone smarter than me wants a challenge: help figure out how the $SBVRF -> $IRCLF combination is going to work. Possible 25%+ upside in like a month. I tried writing about it for more context. My attempts to get them to explain it have failed. 
 

Current favorite trade is buying $PSTH and selling $35 covered calls for June. Written about here, but it’s extremely attractive. Doesn’t seem like $PSTH has priced in the potential early access to $PSTH2 yet, either, making it an even better deal (could maybe even stretch the covered calls to $40). 

[BassNBrew 11,505]

1 hour ago, eaganwildcats said:

Good month overall - current market kind of petrifies me, but not enough to do much about it I guess. 
 

If anyone smarter than me wants a challenge: help figure out how the $SBVRF -> $IRCLF combination is going to work. Possible 25%+ upside in like a month. I tried writing about it for more context. My attempts to get them to explain it have failed. 
 

Current favorite trade is buying $PSTH and selling $35 covered calls for June. Written about here, but it’s extremely attractive. Doesn’t seem like $PSTH has priced in the potential early access to $PSTH2 yet, either, making it an even better deal (could maybe even stretch the covered calls to $40). 

Geezus Christie dude.  Congrats on winning life.

[Nigel 3,599]

8 hours ago, David Dodds said:

Pretty much accomplished what I set out to do today. I hold lots of GME and 2,000 AMC. 

I am not worried about the price as I don't suspect many people were actually selling at these discounts.

See everyone on Monday.

Your confidence is so ####### sexy...

[KGB 457]

Not so fun.  Down about 50K on PLTR calls and jumping into GME twice.  

Leaving the tourny stocks and back to grinding. 

[KGB 457]

Ballard Power Systems

earnings on

Mar 11, 2021, 9:00 AM

Ill be pounding after the earnings

 

[KGB 457]

NIO  earnings on

Mar 1, 2021, 6:00 PM

Ill be buying calls after