Stock Thread

[KGB 116]

29 minutes ago, stbugs said:

Thanks for the reminder. I wish I had the $$$ 10 years ago. I’d be retired and rich. Tesla and Netflix and Amazon, etc. would have been right in my wheelhouse. Damn kids and wife!

Exactly.  I remember Facebook ipo.  at least half the board thought it was a bust.

 

Now We need to find the next ones...

[FreeBaGeL 8,820]

Just now, KGB said:

Exactly.  I remember Facebook ipo.  at least half the board thought it was a bust.

 

Now We need to find the next ones...

AirBnB...

[KGB 116]

1 minute ago, FreeBaGeL said:

AirBnB...

Has the date been reeased yet.  im in

[stbugs 2,962]

Just now, FreeBaGeL said:

AirBnB...

No thanks. Reminds me of Uber. Not the business, but a valuation to start so high that it doesn’t have the runway to fly. It might come out at $30B, about the same as Marriott and more than Hilton.

[FreeBaGeL 8,820]

3 minutes ago, stbugs said:

No thanks. Reminds me of Uber. Not the business, but a valuation to start so high that it doesn’t have the runway to fly. It might come out at $30B, about the same as Marriott and more than Hilton.

I believe their last raise was at $30b but I'm seeing mixed reports of the IPO filing being at either $18b or $26b.

Either way it will probably be pumped way up by the time we retail folks can get our hands on it.

ETA: Uber IPO was at $82 billion wow.

Edited August 21, 2020 by FreeBaGeL

[McBokonon 2,875]

18 minutes ago, stbugs said:

No thanks. Reminds me of Uber. Not the business, but a valuation to start so high that it doesn’t have the runway to fly. It might come out at $30B, about the same as Marriott and more than Hilton.

Pre-Covid I was all over this, especially with their Experiences product which is genius. Obviously hesitant now but I’m not writing them off.

[KGB 116]

7 hours ago, BassNBrew said:

Thanks for the heads up, just added more.  No reason why this shouldn't be trading at $45.

EXC

Im adding tomorrow too.  im down big time

[beef 2,482]

49 minutes ago, FreeBaGeL said:

AirBnB...

I may get in just for the potential cult following.  Some of the younger guys in my office will only stay at them.  I don't get it.  Work will pay for a Hilton, Marriott, any nice major chain, and these dudes pick the Airbnb.

[CGRdrJoe 3,793]

18 minutes ago, beef said:

I may get in just for the potential cult following.  Some of the younger guys in my office will only stay at them.  I don't get it.  Work will pay for a Hilton, Marriott, any nice major chain, and these dudes pick the Airbnb.

Yep, morons don’t realize the value of hoarding points and benefiting from upgraded tiers. 

[Eggs 13]

5 hours ago, -OZ- said:

Well yeah.

It's kinda funny to me that the #1 reason I bought at all was my 15yo's infatuation with Tesla. I should have just put his college funds into the stock. Dude would be getting a doctorate "free" and possibly paying for his siblings college.

Bought 6 @ $340 because my 12 year old wanted one with his own $...smart kid

[FreeBaGeL 8,820]

2 hours ago, McBokonon said:

Pre-Covid I was all over this, especially with their Experiences product which is genius. Obviously hesitant now but I’m not writing them off.

Curious why that is?  AirBnB is booming like never before thanks to COVID.

[Golf Guy 69 498]

4 hours ago, Don't Noonan said:

I heard you are a Golf Guy

son of a... 

[McBokonon 2,875]

7 minutes ago, FreeBaGeL said:

Curious why that is?  AirBnB is booming like never before thanks to COVID.

Honestly, I haven’t been tracking them through covid. I just assumed they’d suffer with reduced travel. If they found a way to thrive I’m all ears.

[FreeBaGeL 8,820]

4 minutes ago, McBokonon said:

Honestly, I haven’t been tracking them through covid. I just assumed they’d suffer with reduced travel. If they found a way to thrive I’m all ears.

Yeah vacation rentals were shut down for about a month right when everything started but now they are booming like never before.  We have been trying to buy vacation homes in Southern Utah and East Tennessee and prices on the homes are insane and inventory is tiny as no one is selling right now because everyone is booked solid for the foreseeable future.  We talked to property managers and they all said the same thing, that June/July were their two best months ever and it wasn't even close.

[stbugs 2,962]

2 hours ago, FreeBaGeL said:

I believe their last raise was at $30b but I'm seeing mixed reports of the IPO filing being at either $18b or $26b.

Either way it will probably be pumped way up by the time we retail folks can get our hands on it.

ETA: Uber IPO was at $82 billion wow.

Yeah, based on the fact that things are "improving" now, I'm betting it'll be back closer to $30B and as you said if it opens higher than it's priced, retail investors never actually see the IPO price. I have enough money at Fidelity that I just signed up for IPO alerts. No idea if I will find anything out and if it will actually be pre-IPO allocations.

Uber was ridiculous. The IPO price pretty much took out the chance of making money, maybe ever, on the stock.

[FreeBaGeL 8,820]

23 minutes ago, stbugs said:

Yeah, based on the fact that things are "improving" now, I'm betting it'll be back closer to $30B and as you said if it opens higher than it's priced, retail investors never actually see the IPO price. I have enough money at Fidelity that I just signed up for IPO alerts. No idea if I will find anything out and if it will actually be pre-IPO allocations.

Uber was ridiculous. The IPO price pretty much took out the chance of making money, maybe ever, on the stock.

Huh I didn't even know they had that.  I just signed up as well.  I'm expecting little more than a pop-up message when the IPO is tradeable on the platform (after it's already been run-up) though.

[BassNBrew 10,550]

5 hours ago, stbugs said:

Yeah, based on the fact that things are "improving" now, I'm betting it'll be back closer to $30B and as you said if it opens higher than it's priced, retail investors never actually see the IPO price. I have enough money at Fidelity that I just signed up for IPO alerts. No idea if I will find anything out and if it will actually be pre-IPO allocations.

Uber was ridiculous. The IPO price pretty much took out the chance of making money, maybe ever, on the stock.

 

4 hours ago, FreeBaGeL said:

Huh I didn't even know they had that.  I just signed up as well.  I'm expecting little more than a pop-up message when the IPO is tradeable on the platform (after it's already been run-up) though.

Quote

 

What do I need to know?

First, you'll need to meet at least one of the following eligibility requirements for participating in an IPO:

36+ trades/year, 

 

[BassNBrew 10,550]

6 hours ago, FreeBaGeL said:

Yeah vacation rentals were shut down for about a month right when everything started but now they are booming like never before.  We have been trying to buy vacation homes in Southern Utah and East Tennessee and prices on the homes are insane and inventory is tiny as no one is selling right now because everyone is booked solid for the foreseeable future.  We talked to property managers and they all said the same thing, that June/July were their two best months ever and it wasn't even close.

If you want to cut to the chase and save time, just buy some Paragon and repeatedly hit yourself with a hammer.

[-OZ- 7,839]

8 hours ago, FreeBaGeL said:

Yeah vacation rentals were shut down for about a month right when everything started but now they are booming like never before.  We have been trying to buy vacation homes in Southern Utah and East Tennessee and prices on the homes are insane and inventory is tiny as no one is selling right now because everyone is booked solid for the foreseeable future.  We talked to property managers and they all said the same thing, that June/July were their two best months ever and it wasn't even close.

It's not really surprising. It's a lot better to stay in a decent house by a lake or mountain or beach with your own family or close friends than hit hotels and need to eat at restaurants. Many will still eat out anyway, but the house provides options. It's the only way we vacation. COVID just adds another reason. Although we've never used Airbnb. (We've used VRBO a lot and rental companies at the beach)

Edited August 21, 2020 by -OZ-

[Don't Noonan 5,721]

Kymera Pharmaceuticals (KYMR) IPO priced at $20 this morning, above the expected $16-$18 offer price.  Biotech IPOs have been pretty good lately.

[-OZ- 7,839]

- looks at the pre market, in red. Thinks "yeah, that makes sense, hope it doesn't sink badly but a little pullback is to be expected"

- looks a little later, almost all green 🤷‍♂️

[stbugs 2,962]

5 minutes ago, -OZ- said:

- looks at the pre market, in red. Thinks "yeah, that makes sense, hope it doesn't sink badly but a little pullback is to be expected"

- looks a little later, almost all green 🤷‍♂️

Looks red to me now. Was all green after the open.

I still think it’s so interesting how much the word split has impacted Tesla and Apple. I legitimately wonder if the new people truly get what it means because this is legit crazy.

FB, AMZN and MSFT also had huge quarters but are up 12%, 8% and 7% since July 30th. Apple is up 25% since the same time announcing a split and Tesla was actually down after earnings and after split announcement days later is up 50%. Again, I truly wonder if all the new investors due to CV, stimulus and no other gambling outlet don’t know that a split is an accounting thing.

[BassNBrew 10,550]

RKT up 8% today, took my 25% profit in 10 days and closed that position.

Starting to dribble off my LVGO.  Up over 6% today and 25% in about a week.

Adding FLGT back on the 5% drop.

Nibbling at the bottom on OKE.

 

[BassNBrew 10,550]

Just now, stbugs said:

Looks red to me now. Was all green after the open.

I still think it’s so interesting how much the word split has impacted Tesla and Apple. I legitimately wonder if the new people truly get what it means because this is legit crazy.

FB, AMZN and MSFT also had huge quarters but are up 12%, 8% and 7% since July 30th. Apple is up 25% since the same time announcing a split and Tesla was actually down after earnings and after split announcement days later is up 50%. Again, I truly wonder if all the new investors due to CV, stimulus and no other gambling outlet don’t know that a split is an accounting thing.

Absolute madness.  Plenty of stocks to own to avoid this.  If I had Tesla right now, I would be banking all my profits.

[-OZ- 7,839]

1 minute ago, BassNBrew said:

Absolute madness.  Plenty of stocks to own to avoid this.  If I had Tesla right now, I would be banking all my profits.

I cut down to half my previous holdings. So basically took the original money off the table and kept the gains rolling.

[Don Hutson 1,804]

RLFTF = .57, a good time to buy

[stbugs 2,962]

25 minutes ago, -OZ- said:

I cut down to half my previous holdings. So basically took the original money off the table and kept the gains rolling.

Good strategy. I love Amazon and it’s growing way more than expected. It’s almost a defensive stock for me like having an index fund with potentially higher ceiling. I don’t feel that way about Tesla. I think they could go up but their price action has kind of taken out a lot of the potential growth. That’s not bad if you take some gains, but I’d be really worried about a sharp pull back. If there isn’t then I think the stock will not gain as much but if there’s a tech dip, it could drop way more than other big guys.

[stbugs 2,962]

31 minutes ago, BassNBrew said:

Absolute madness.  Plenty of stocks to own to avoid this.  If I had Tesla right now, I would be banking all my profits.

I was green about half a percent, the. It went red close to a percent. Now I’m up almost a percent. The volatility in a little over an hour of trading is a day traders dream. It really is chaotic. I really want an end to my short term plays and put myself on coast for a bit. This is hard to watch.

[[icon] 9,554]

AAPL Giveth

RLFTF & HGEN Taketh Away  

[McBokonon 2,875]

16 hours ago, McBokonon said:

$GRWG had a pretty decent pullback if anyone was interested in starting an AH position. I'm dipping my toe.

Toe is out. Pretty convincing piece came out, enough that I’m avoiding.

https://hindenburgresearch.com/growgeneration/

[BassNBrew 10,550]

13 minutes ago, stbugs said:

I was green about half a percent, the. It went red close to a percent. Now I’m up almost a percent. The volatility in a little over an hour of trading is a day traders dream. It really is chaotic. I really want an end to my short term plays and put myself on coast for a bit. This is hard to watch.

I love it.  Nothing better than stocks like FLGT where you can buy on the dip, sell up 18% in a day and then buy those shares back at an 8% discount.

[BassNBrew 10,550]

Down 28% on ETHE.  Clawed back 1% of the lost with a day trade.  This is going to be tough one to salvage.

[FreeBaGeL 8,820]

1 hour ago, stbugs said:

Looks red to me now. Was all green after the open.

I still think it’s so interesting how much the word split has impacted Tesla and Apple. I legitimately wonder if the new people truly get what it means because this is legit crazy.

FB, AMZN and MSFT also had huge quarters but are up 12%, 8% and 7% since July 30th. Apple is up 25% since the same time announcing a split and Tesla was actually down after earnings and after split announcement days later is up 50%. Again, I truly wonder if all the new investors due to CV, stimulus and no other gambling outlet don’t know that a split is an accounting thing.

I think most of the people buying know what it means, but it's a bit of a self fulfilling prophecy.  Savvy investors buy on the announcement anticipating new investors being more interested at the fakely "cheaper" price, and so many of them (us, I bought too) have the same line of thinking that it ends up driving up the price more than the new investors would before that even happens.

The same thing happened with NKLA in the opposite direction.  There was all the talk about the PIPE shareholders selling when they unlocked that everyone sold off in anticipation of it.  In the end the PIPEs mostly didn't end up selling but there was still the same effect (huge drop) because of everyone selling in anticipation of it.

I bought a bunch of TSLA and AAPL on the split announcements anticipating exactly this reaction.  Wish I'd bought calls instead of shares but I can't complain about all of this month's CYDY paper losses getting canceled out in one move.  I sold about half the TSLA shares at $1995 anticipating a possible big reject off of $2000.  Haven't sold any AAPL.

Edited August 21, 2020 by FreeBaGeL

[-OZ- 7,839]

Bought 100 shares of DFS @  $49.70

Will sell at $52

[stbugs 2,962]

27 minutes ago, BassNBrew said:

I love it.  Nothing better than stocks like FLGT where you can buy on the dip, sell up 18% in a day and then buy those shares back at an 8% discount.

I just like when they triple in 6 months.

[-OZ- 7,839]

8 minutes ago, stbugs said:

I just like when they triple in 6 months.

I guess.. if you're into that kind of thing.

[BassNBrew 10,550]

Nibbling at JWN under $15.  It's bounced off this level several times.  Earning announcement next week.  The low in March was $12.27,  Everything I've read is they have decent financial health.  AT $14.54 I think it's more likely to hit $16.50 before $12.50.

[bshell27 302]

I follow this thread regularly and have seen recommendations here and there.  I've got a few bucks parked waiting to put somewhere.  If you were picking for the stock contest again, which two or three stocks would you pick that are not blue chips,?  

I put some into Apple at $450 and holding long (even longer after the split).  

My current portfolio is:

AAPL, COBCF (yes, I'm still holding), TVTY (Need to dump this as it's only a few shares), HIPH (thought their CBD water was going to take off, wrong), Last but not least CYDY.  

[FreeBaGeL 8,820]

11 hours ago, stbugs said:

Yeah, based on the fact that things are "improving" now, I'm betting it'll be back closer to $30B and as you said if it opens higher than it's priced, retail investors never actually see the IPO price. I have enough money at Fidelity that I just signed up for IPO alerts. No idea if I will find anything out and if it will actually be pre-IPO allocations.

Uber was ridiculous. The IPO price pretty much took out the chance of making money, maybe ever, on the stock.

 

11 hours ago, FreeBaGeL said:

Huh I didn't even know they had that.  I just signed up as well.  I'm expecting little more than a pop-up message when the IPO is tradeable on the platform (after it's already been run-up) though.

Well there was a new IPO today (NNOX) and I didn't notice anything happening different than before.  Not sure what this actually did...

[BassNBrew 10,550]

SE has pulled back 3% today for anyone looking to add back shares they sold.

[skycriesmary 661]

17 hours ago, McBokonon said:

$GRWG had a pretty decent pullback if anyone was interested in starting an AH position. I'm dipping my toe.

It seems like a good entry point for those of us who haven't jumped in yet. Maybe a decent play with MJ, or is there another ETF better suited for the space?

[McBokonon 2,875]

Just now, skycriesmary said:

It seems like a good entry point for those of us who haven't jumped in yet. Maybe a decent play with MJ, or is there another ETF better suited for the space?

See above. I bounced. The management team seems like they were extras in the Sopranos.

 I’m actually not in any MJ plays so I don’t know. I had STZ for a while but the price action was bad so I sold out a long time ago. I just don’t trust any of them yet.

[BassNBrew 10,550]

XOM is on Todems master list as I recall.  Now trading at $40.77.  8.54% div return.

[stbugs 2,962]

12 minutes ago, FreeBaGeL said:

 

Well there was a new IPO today (NNOX) and I didn't notice anything happening different than before.  Not sure what this actually did...

I was thinking from the alerts that it was more for when people can buy an allocation pre-IPO not an IPO happening today. 

[skycriesmary 661]

50 minutes ago, BassNBrew said:

Down 28% on ETHE.  Clawed back 1% of the lost with a day trade.  This is going to be tough one to salvage.

It's still way early, but that's how I feel already with EVSI. Brutal when it goes down 25% within a couple weeks of your buy.

[skycriesmary 661]

13 minutes ago, McBokonon said:

See above. I bounced. The management team seems like they were extras in the Sopranos.

 I’m actually not in any MJ plays so I don’t know. I had STZ for a while but the price action was bad so I sold out a long time ago. I just don’t trust any of them yet.

Oh, jesus. I read the piece, but didn't connect that to GRWG. First cup of coffee wasn't enough, obviously. Yeah, #### those guys.

[skycriesmary 661]

23 minutes ago, McBokonon said:

See above. I bounced. The management team seems like they were extras in the Sopranos.

 I’m actually not in any MJ plays so I don’t know. I had STZ for a while but the price action was bad so I sold out a long time ago. I just don’t trust any of them yet.

Funny how The Fool is still recommending these shysters. 

[kevzilla 7,519]

1 hour ago, McBokonon said:

Toe is out. Pretty convincing piece came out, enough that I’m avoiding.

https://hindenburgresearch.com/growgeneration/

This is what shorts are for. And with a name like that, they aren't trying to sneak up on anybody.

[ConstruxBoy 1,136]

1 hour ago, bshell27 said:

I follow this thread regularly and have seen recommendations here and there.  I've got a few bucks parked waiting to put somewhere.  If you were picking for the stock contest again, which two or three stocks would you pick that are not blue chips,?  

I put some into Apple at $450 and holding long (even longer after the split).  

My current portfolio is:

AAPL, COBCF (yes, I'm still holding), TVTY (Need to dump this as it's only a few shares), HIPH (thought their CBD water was going to take off, wrong), Last but not least CYDY.  

Tech wise, I really like PANW. Network security is ramping up and they are probably in the top tier of companies in the space. Also, most importantly, relatively undervalued right now. 

[gruecd 7,107]

1 hour ago, BassNBrew said:

XOM is on Todems master list as I recall.  Now trading at $40.77.  8.54% div return.

Assuming they're able to keep paying it...