Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[RoyBacon]

you said the same shit when nio was under 2 dollars. How did that work out?

You just invented that amigo. Nio always had a solid book value. Their problem was they lost money and it wasn't clear they could avoid bankruptcy.

If you want to throw darts or use your gut and not understand your investments or worry about valuation, that's cool.

[chico2663]

You just invented that amigo. Nio always had a solid book value. Their problem was they lost money and it wasn't clear they could avoid bankruptcy.

If you want to throw darts or use your gut and not understand your investments or worry about valuation, that's cool.

roy remember that 30,000 cash i threw in last November. it is over 75,000 now. just kicking myself in the ass that i never rolled over any other money into it. just didn't trust myself. just wished i wouldn't of paid that hospital bill with cash. 255,000 at same rate would be over half million. roy little know fact before obamacare if you were self employed and had a preexisting condition than all you could get was a catastrophic policy, it would be like paying full cost to live in the 5th ward.

[Goat Milk]

I hear Paysafe is the next big company to merge

And that one mortage company, they're one of the top ones out there

Might do those 2.

[RoyBacon]

roy remember that 30,000 cash i threw in last November. it is over 75,000 now. just kicking myself in the ass that i never rolled over any other money into it. just didn't trust myself. just wished i wouldn't of paid that hospital bill with cash. 255,000 at same rate would be over half million. roy little know fact before obamacare if you were self employed and had a preexisting condition than all you could get was a catastrophic policy, it would be like paying full cost to live in the 5th ward.

We are all brilliant in raging bull markets. And cursed and unlucky in bear markets.

Good trading, now don't give it back trying to replicate that success.

[chico2663]

[QUOTE=Goat Milk;29995734]I hear Paysafe is the next big company to merge

And that one mortage company, they're one of the top ones out there
———————-++—+-++-+-+++++
have them bft at 11 a share
ghiv at 9.5
Ipoc at 12
Sbe at 19 have more but these will do.

[chico2663]

We are all brilliant in raging bull markets. And cursed and unlucky in bear markets.

Good trading, now don't give it back trying to replicate that success.

Been taking profit up big on Fb ,aapl nio,sbe and tsla. Just passed that I took some profit on tsla. Aapl just keeps trading sideways. I sold edit to buy more crsp and uthr.

[chico2663]

Also roy when stocks shit the bed buy p.g. Because when things are good they do bad. Also inverse.

[RoyBacon]

Also roy when stocks shit the bed buy p.g. Because when things are good they do bad. Also inverse.

"When life seems like easy street, there is danger at your door" Grateful Dead

It's been an incredible year. By May I was thinking it could take a couple of years to recover. Now on New Years eve's eve this is probably my 3rd or 4th best year in my life. Got to send Elon Musk a fvvking Thank You card.

[RoyBacon]

Gold breaks through $1900.

Give me a come on Joe!!

[allabout the $$$]

chico good call on tesla at 700 eoy

[whydubya]

Lots of fishyness and likely dilution with MARA - bitcoin and its stocks rip higher and this one tanking

[topgame85]

LLNW been trading between 4.00-4.30. Had a huge crash after Q3 to the tune of 30%+ for missing earnings due to a new note. Revenues second highest in company history Q3. Trading well under 2x revenue.

Q4 historically strong. Biggest clients include Disney+, HBO Max and AMZN. With shutdowns, growth in Subscribers and Mandalorian for DIS, Sports mostly back and streaming games, HBO Max gaining in the scene etc. Should be a huge boost.

Lots of ppl sold last month or two to offset earnings for the year. Biggest investors are major institutions. This one is set for 50% bump in next two months IMO.

Possible Acquisition at current bargain prices could result in 150% upside. If noone bites, still anticipate 50% return to normalcy around $6/ share after Q4 earnings.

If it wasn't clear, I am very invested in this stock.

[CanuckG]

Anyone have thoughts on any good oil stocks?

[Snowball]

got a couple stock picks for you guys
financials are excellent on both
these are going to rumble in 2021.
FINV and TRVG.

[homie1975]

i've got ZM at a $361 cost base from earlier this year. they are bleeding out the last two mos. any thoughts on their future?
I'm down 6% now and trying to decide if they can grow outside of the peer to peer communications and are worth lowering my cost on. it's a small position i opened in the summer.

[RoyBacon]

What an incredible stock market/trading year.

Thinking back to March I was seeing these massive losses even in conservative bond funds. I've been through a lot of markets good/bad but that was a real bad time.

Who would have ever thought those losses would be totally erased and the year would end up a very solid gain????

Happy New Year boys!

[HockeyRocks]

Anyone have thoughts on any good oil stocks?

If your into dividends, try SUN: less than 30 bucks a share, has a 11.4% yield equals 82.5 cents per quarter and is fairly stable...

[chico2663]

If your into dividends, try SUN: less than 30 bucks a share, has a 11.4% yield equals 82.5 cents per quarter and is stable...

Just rebought. Only problem is owner Kelsey Warren. I had sun and e t e and he fukked everyone on that. Also azz hole issued himself some preferred to get out of wmb fiasco.

[Madison]

Anyone have thoughts on any good oil stocks?

Just beware of USO and the like. I guess the ETF's trade future's so they expire every month at a minimum. And there's the dreaded "Contango". I don't know how many times I've tried to understand it , but all I know is it seems to cost me money.

With the caveat that all in all I've done extremely well using the basic theory that on average the price per barrel must be circa $45 for them to make money, so I've done most of my trading shorting below that. Keep in mind many countries (Venezuela, Saudi's) substantially subsidize their citizens such that at one point gas was in the single digits in VZ.

[Madison]

i've got ZM at a $361 cost base from earlier this year. they are bleeding out the last two mos. any thoughts on their future?
I'm down 6% now and trying to decide if they can grow outside of the peer to peer communications and are worth lowering my cost on. it's a small position i opened in the summer.

In short, they've given a large amount of their product/profit out in freebies. They are trying to figure out how to monetize it. I'd tread careful here is this is the pure stay at home play. Seems Microsoft playing a similar angle with own Office? and get Teams bundled.

IMHO this one's looking for a tumble at some point unless they figure things out. Lot's of Players, Teams, Webex (long imbedded in corporate).

I'm treading careful but the thing I like about DOCU is they've already monitized it and own huge market share.

GL

[Madison]

Yea, not a real thought out statement in hindsight. BuTTT.. These companies have a book value that is basically near zero and they are losing book value everyday with more and more losses.

They carry massive valuations, relative to their tangible book value, AND they lose money. I don't mind the lack of book value, AMZN has never had much, but the lack of book value coupled with losses as far as the eye can see leads eventually to a penny stock.

Valuation

Industry Average & Percentile Methodology

Market Cap	$772.49M	$61.29B		46th
P/E (Trailing Twelve Months)	--	59.40		--
P/E (5-Year Average)	--	59.53		--
PEG Ratio (5-Year Projected)	--	3.78		--
Enterprise Value	$742.43M	$720.57B		47th
Price/Cash Flow (Most Recent Quarter)	-430.12	147.65		5th
Price/Cash Flow (TTM)	--	83.69		--
Price/Sales (Most Recent Quarter)	78.44	16.24		98th
Price/Sales (TTM)	69.95	16.47		98th
Price/Book	15.12 12/29/2020	22.34		68th
Book Value	1.24 09/30/2020	15.67		40th

Look at RIOT. Has roughly $50 million in sales, no earnings and if you could buy every share outstanding you'd spend $800 million.

Would you really buy a company with $50 million in sales that is losing money for $800 million???

Much appreciated!!

[homie1975]

hoping for a bit of a volatile week with some pullback so i can open up some new positions on best-in-class, best-of-breed companies. i own most that i want, but it's always great to open up new ones

[Goat Milk]

got a couple stock picks for you guys
financials are excellent on both
these are going to rumble in 2021.
FINV and TRVG.

I shall follow you on both

[homie1975]

posters in this thread have something in common: winning in the game of life.

[Iona]

[dlowilly]

First day of the new year so just some profit taking?

Awful start today

[Enkhbat]

Is it normal to take profit on the first trading day of the year?

[dlowilly]

Is it normal to take profit on the first trading day of the year?

IDK

Would delay taxation until next tax return

Or for Wall Street it would be a nice start to the first quarter

[RoyBacon]

Is it normal to take profit on the first trading day of the year?

No. It's appearing like Dems will win the two seats in GA.

[ex50warrior]

It's about time for the Bears to show up forecasting a return to the March lows.
I've got a little cash waiting for lower prices, sure wish they'd be right.

[d2bets]

No. It's appearing like Dems will win the two seats in GA.

But wouldn't that mean more free money for everybody?

[d2bets]

It's about time for the Bears to show up forecasting a return to the March lows.
I've got a little cash waiting for lower prices, sure wish they'd be right.

March? Seems almost impossible to even reach November lows.

[RoyBacon]

But wouldn't that mean more free money for everybody?

If we revoke the tax cuts for business the market will free fall. Today is the start.

[dlowilly]

No. It's appearing like Dems will win the two seats in GA.

Oh jeez, what a great start to the new year

2020 2.0

[d2bets]

If we revoke the tax cuts for business the market will free fall. Today is the start.

The unabated rise in the last two months was pretty ridiculous. I can't help but feel this market is wildly manipulated. Just don't quite grasp what or who's behind it, but it seems like it was way overextended on the upside and perhaps now it overextends the other way. Who knows. I admit I'm no good at market timing. I'm better at sports market timing.