Stock Thread

[BassNBrew 11,879]

21 minutes ago, FreeBaGeL said:

I jumped in some more GME fun money on that last Ryan Cohen tweet in case it ran to 200 again.  Turns out I managed to buy the top perfectly.  Guess I'm a hodler with Dodds now.

I did the opposite...paper hands.

[ConstruxBoy 1,367]

Opened a position in NVDA. 

[culdeus 7,563]

27 minutes ago, Capella said:

I dunno. I’m still of the belief we will have a hot 2021 once things gets reasonably re-opened so I am sticking with that until I have reason otherwise. 

The biggest worry is yields force a flight to quality.  Higher yields have a lot of other downstream effects like hammering dividend stocks.

[Todem 5,347]

AMZN under 3K a share?

 

BUY BUY BUY

[General Malaise 27,758]

41 minutes ago, joker said:

GM, any thoughts on Cobalt? I've seen some swings the last few weeks but a general direction downward...

Cobalt STOCKS are trending down, but point me to some stocks that aren't trending down at the moment....well, other than the bearish ETFs.  

Cobalt METAL is ticking higher week over week.  For perspective on Jan 1, 2021 high grade cobalt metal was marked at $15.90/Lb.  Today, we are seeing $25/Lb.  That's a significant move for a metal that was flat lining for over a year.  

And, the cobalt stocks are largely crappy juniors - the Jervois/Cobalt Blockchains of the world are heavily flawed, but such is the life of penny stocks in resource names.  If the metal continues to tick higher, the equities will follow.  I have no reason to believe that cobalt metal will pause or trend back down.  This is a healthy upward move and demand is only growing DESPITE the fact that aerospace is largely dead at the moment. 

[rascal 1,738]

AXP is green.  Up 18% on the year not including dividends.

[caustic 4,203]

5 minutes ago, Todem said:

AMZN under 3K a share?

 

BUY BUY BUY

:salute:

[Capella 31,937]

5 minutes ago, Todem said:

AMZN under 3K a share?

 

BUY BUY BUY

[rascal 1,738]

53 minutes ago, -OZ- said:

Of course. I'm not even sure this is that significant. It's been a tough two weeks but we're still up 3% (VTI) YTD. And still up from the end of January. 🤷🏽‍♂️

VTI is only up 1.2% YTD, no.

[FreeBaGeL 9,534]

The last 10 mins have been brutal selloffs the last few days, it will be interesting to see how we close today.

[Leeroy Jenkins 3,133]

34 minutes ago, Capella said:

I dunno. I’m still of the belief we will have a hot 2021 once things gets reasonably re-opened so I am sticking with that until I have reason otherwise. 

Yea.  We shall see what the jobs report is like tomorrow, but I expect March jobs to be up and second quarter GDP growth to start making up ground from last year.  There is inflation risk, which is what is happening with rates, but rates are still historically low.  Bump in the road -- economy should prepare for liftoff.  

[BassNBrew 11,879]

10 minutes ago, Todem said:

AMZN under 3K a share?

 

BUY BUY BUY

I mean I could sell the Amazon I acquired 6 months ago to by some better performing shares.

[Swaymoney 71]

17 minutes ago, Todem said:

AMZN under 3K a share?

 

BUY BUY BUY

What could Amazon really rise to, ballpark?

[Capella 31,937]

5 minutes ago, BassNBrew said:

I mean I could sell the Amazon I acquired 6 months ago to by some better performing shares.

lol 

[fruity pebbles 3,311]

16 minutes ago, FreeBaGeL said:

The last 10 mins have been brutal selloffs the last few days, it will be interesting to see how we close today.

Would have figured a big rally or big sell off but it just kinda flatlined lol. 

[Bob Sacamano 10,141]

The least sexy number in the FLGT report, but the one I was most interested in.

Non-COVID Revenue grew 43% year-over-year. I don't know how all of that will shake out in the market, but they're doing something with the resources they were able to obtain.

[jamny 6,635]

23 minutes ago, FreeBaGeL said:

The last 10 mins have been brutal selloffs the last few days, it will be interesting to see how we close today.

That's why I mentioned on Monday that the close was concerning after such a big day. Really pointed to it being a bounce and not a real move up. It was all downhill from there.

[Bob Sacamano 10,141]

Expects overall revenue of approximately $800.0 million in 2021, representing growth of 90% year-over-year

Of the $800.0 million, anticipates $70.0 million in revenue from NGS testing, representing growth of 92% year-over-year

[Bob Sacamano 10,141]

Up 17% so far AH. Good for them.

[The Man With No Name 1,165]

-6.01% today.

Possibly not over for the year anymore

[Desert_Power 1,233]

2 hours ago, Desert_Power said:

Added slightly to SE, SEDG, and FVRR intraday.

ETA: Nice post number

Also slightly more FLGT.  Picked up MBAC.U as my SPAC at NAV du jour. 

[Wild Young Billy 131]

Hello FLGT, welcome back.

[-OZ- 8,468]

42 minutes ago, rascal said:

VTI is only up 1.2% YTD, no.

YTD Daily Total Return 2.89%

https://finance.yahoo.com/quote/VTI?p=VTI&.tsrc=fin-srch

[McBokonon 3,939]

Good report from DMTK, too. Not FLGT good, but good.

[-OZ- 8,468]

1 hour ago, FreeBaGeL said:

Right but then the question is it all the re-opening stocks that make 2021 hot and the tech/stay at home stuff just sits down here?  Not saying it will happen but there are plenty of scenarios where SPY goes back to constant new highs and stuff that a lot of us here own like TTD, CRSP, NNOX, NIO, etc etc etc only bounce back minimally and never get back near the highs.

One thing I've noticed with these last few days is that every  time the market bounces back to a prior mark my account is still lower than when it was last at that mark.  IE if SPY is at 385 then goes to 380 then back to 385 my account is still a fair bit lower than it was when it was sitting on 385 originally.  A lot of stuff isn't bouncing much or at all with market moves up, but is certainly following the market down.

Yep

Which a reason I try to limit my tech holdings. But that's been really hard this year even in index funds.

[stbugs 3,490]

2 hours ago, Capella said:

I’m at mid-November so I’m not sweating this but it’s obviously annoying. 

Yeah, still way, way up but damn annoying. Made some more nibbles but not jumping in fully yet. If I missed the bottom, oh well. 

[The Man With No Name 1,165]

19 minutes ago, The Man With No Name said:

-6.01% today.

Possibly not over for the year anymore

Yep. 

-$76.23 for the year.
Feels way worse

[stbugs 3,490]

9 minutes ago, McBokonon said:

Good report from DMTK, too. Not FLGT good, but good.

Nice, bought some before close. Should have added more FLGT. I did add some of that at $92 on Wednesday.

[steelerfan1 407]

FLGT- down 45%

NNOX- down 45%

CRSP- down 30%

AXON- down 25%

Down atleast 10% on a handful of others PINS, AMT, EBS included.

Having been doing this less than a year and this is my first taste of the puckering effect.

NOT SELLING though. NOT buying now either...

 

[McBokonon 3,939]

$IMMR up on earnings, too. I’m not really blown away so I’ll likely exit. 

[The Man With No Name 1,165]

Don’t underestimate the power of pee and poop

[stbugs 3,490]

28 minutes ago, -OZ- said:

Yep

Which a reason I try to limit my tech holdings. But that's been really hard this year even in index funds.

I hate the “tech” classification. Same with stay at home. Yes, some things accelerated but every company we’ve discussed already existed pre COVID. The first fork was technology. There is no such thing as a business that doesn’t use what people call tech. I mean software, hardware, biotech, etc. Everyone uses it already. I’m big into the so called tech because it’s not going away, ever, unless we revert back to the Middle Ages and Bitcoin and cash will both be useless.

Damn double quote, my bad.

 

19 minutes ago, steelerfan1 said:

FLGT- down 14%

NNOX- down 45%

CRSP- down 30%

AXON- down 25%

Down atleast 10% on a handful of others PINS, AMT, EBS included.

Having been doing this less than a year and this is my first taste of the puckering effect.

NOT SELLING though. NOT buying now either...

 

Fixed for FLGT. 

Edited March 4 by stbugs

[beef 3,075]

2 hours ago, Capella said:

Guys it’ll be fine. It’s stressful and annoying for sure but panicking is not a strategy. The market will rebound. 

 I feel real good about my buys today and even yesterday too.  

[beef 3,075]

13 minutes ago, The Man With No Name said:

Don’t underestimate the power of pee and poop

I've often thought that if I had a little water mill inside my toilet I could really make that thing spin and create some electricity.  

[kodycutter 1,031]

if you would have told me my position in oil would be the only thing running this year (OXY), i'd have been surprised.    to be fair..some red on my list.

Edited March 4 by kodycutter

[Sand 6,254]

24 minutes ago, The Man With No Name said:

Don’t underestimate the power of pee and poop

I knew I had a superpower!

[culdeus 7,563]

I remember days like this would get vix hype.  Now it's just meme stonks I've never heard of and tears.  

[rascal 1,738]

2 hours ago, -OZ- said:

YTD Daily Total Return 2.89%

https://finance.yahoo.com/quote/VTI?p=VTI&.tsrc=fin-srch

Guess i don't understand the difference.

[FreeBaGeL 9,534]

Another steady fade AHs and BTC following along on that.

[-OZ- 8,468]

2 hours ago, stbugs said:

I hate the “tech” classification. Same with stay at home. Yes, some things accelerated but every company we’ve discussed already existed pre COVID. The first fork was technology. There is no such thing as a business that doesn’t use what people call tech. I mean software, hardware, biotech, etc. Everyone uses it already. I’m big into the so called tech because it’s not going away, ever, unless we revert back to the Middle Ages and Bitcoin and cash will both be useless.

Damn double quote, my bad.

 

 

I'm referring to the companies who get the majority of their revenue from technology. They're mostly here to stay, I'm heavy in a lot including ETFs like the ARK, QCLN, LRNZ, etc. But I remind myself that there's still value in companies like Kroger, home depot, caterpillar, etc. They're not as sexy and won't rise as much, but many are undervalued right now. 

[BassNBrew 11,879]

37 minutes ago, -OZ- said:

I'm referring to the companies who get the majority of their revenue from technology. They're mostly here to stay, I'm heavy in a lot including ETFs like the ARK, QCLN, LRNZ, etc. But I remind myself that there's still value in companies like Kroger, home depot, caterpillar, etc. They're not as sexy and won't rise as much, but many are undervalued right now. 

Glad I've been holding a chunk in those companies.  Unloaded some Kroger today to add FLGT and some of the others that have been decimated.  I think I'll make an IRA contribution and do some more shopping tomorrow.

[Todem 5,347]

9 hours ago, Swaymoney said:

What could Amazon really rise to, ballpark?

Long term.....another 100% move over the next 4-5 years.

Easy.

And a stock split thrown in there to boot at some point. 

World Class company that is still growing big time.

Edited March 5 by Todem

[eaganwildcats 942]

Some Twitter gossip on $HGEN. Likely nothing, but here’s to hoping!

[Capella 31,937]

25 minutes ago, eaganwildcats said:

Some Twitter gossip on $HGEN. Likely nothing, but here’s to hoping!

Up 7% pre market so somebody’s listening. 
 

HGEN has has a bad two weeks so this would be much needed. 

[NajehHejan 431]

I'm a fairly simple man. I don't ask for much out of life. Please, please may the Ark funds not drop another 5-6% today. Thank you.

[identikit 1,652]

Everyone holding their breath for an up market today.....

[jamny 6,635]

20 hours ago, FreeBaGeL said:

So apparently now the entire market moves at an exact 100% correlated inverse to the 10-year note (TNX).  Like literally almost percent for percent during this whole move.

Yet in the whole big run-up almost no one mentioned that as the catalyst for the run-up.  It's bizarre that this suddenly became the singular thing that drives the markets almost all on its own.

Hopefully this streak breaks today.

[beef 3,075]

Maybe a dumb thought, possibly more long term too, but...  Why aren't utility/electric companies doing better, and is there a surge coming?  

With all this push to EV and electric everything, you have to to use the power they sell to charge it.  EV tech up, battery tech up, charging stations up, I get it.  Then you have wind/solar/alternative power companies on the rise.  Well, maybe before this past month but there was still a huge boom.  There's probably some SPAC out there ready to take "rubbing your feet on the carpet for static electricity" public too.  In the end, whether you're creating power or the using it, someone needs to deliver it and is that not the EXC, PPL, Dukes, Dominions of the country?   And most are still down or in what seems like a "value".  

 

[NajehHejan 431]

4 minutes ago, identikit said:

Everyone holding their breath for an up market today.....

After what happened the past 3 days, I'll take flat.

[McBokonon 3,939]

2 minutes ago, beef said:

Maybe a dumb thought, possibly more long term too, but...  Why aren't utility/electric companies doing better, and is there a surge coming?  

With all this push to EV and electric everything, you have to to use the power they sell to charge it.  EV tech up, battery tech up, charging stations up, I get it.  Then you have wind/solar/alternative power companies on the rise.  Well, maybe before this past month but there was still a huge boom.  There's probably some SPAC out there ready to take "rubbing your feet on the carpet for static electricity" public too.  In the end, whether you're creating power or the using it, someone needs to deliver it and is that not the EXC, PPL, Dukes, Dominions of the country?   And most are still down or in what seems like a "value".  

 

I’ve been adding to NEE during these dips for these reasons, plus they’re also a renewable play. Little growthier than a normal utility, though.

Edited March 5 by McBokonon