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Just wonder about MCD long term as just my personal perception, as I don’t have any food investments. But over the past few years with places like 5Guys & shake shack on east coast. I honestly can’t even look at a MCD burger anymore. They need a serious make over if they are gonnna survive long term.Comment -
I think they do have a loyal customer base, and that's partly because they've made good investments in their digital marketing and the app they have. When I was living in a downtown neighborhood though, I would get Starbucks all of the time since it was a short walk away and on the route to the office. However, now that I live in the suburbs it's different. And that's primarily because it's hard to differentiate with coffee. Starbucks isn't the only place I can get a quality cup of joe. Each person is different though. I'm personally a big fan of the company.Comment -
goldman ran the deal and still says it is only worth 44
i made a killing with it on day 1 and i don't think i would touch it at this point... other than maybe selling some puts, you can get $1.40 for the august $50 puts which gets you in for some more at 48.60 worst case scenario... best case scenario you keep cranking out a free 2%/month for something 20 points out of the moneyComment -
for lmnd to do a 100-bagger, it would then be worth 5x met life and prudential COMBINED
ain't gonna happenComment -
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Yeah man I hear you. I said it was likely to go down to $40, I hope it does. I spent time, spoke to friends in insurance and researched the technology. They are way ahead, able to scale and gonna make every facet of purchasing and claiming along with making it more affordable. Sounds like exactly what the insurance industry needs. I see disruption and possibility for exponential growth. I may be wrong by this time next year...but.... I 5 years from now we shall see. I’d rather get in now at 10% planned shares, if or when hits $40 I’m all in and won’t worry about it for years.Comment -
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also, I don’t run money for a living. I make plenty of capital in my work. I enjoy investing. I enjoy Longs and swing opportunities occasionally. Sometimes daytrade to hedge when markets red but don’t trade options and generally risk adverse. But overall not worried what analyst’ think about the short term. Didn’t Goldman downgrade Tesla to 600 right before it popped above 1k.Comment -
Yeah, every once in a while I break my own rules and dog style myself. Well figuratively of course because if I could do it literally I would be hangin out banging porn stars in movies that the Donk watches with black dudes with nicknames like Da Tripod, and Hoe Breaker.
I bought RIG today a day before earnings and just before rising above a resistance level by 2 cents, on news from a friend at the company that works there and tells me that they are going like gang busters out in the ocean Covid free and drilling like a high school teacher at the prom full of catholic school girls who have daddy issues. It immediately shoots up to 2.26 in 10 minutes and I don't sell, then it turns right around and proceeded to come down to 2.04 from 2.21 where I bought it. It was only stopped by the bell this afternoon.
I should know by now that when I break my rules, I get burned every time. Tomorrow it doesn't matter what I do it will be the wrong move, if I just sell the earnings will come in and it will shoot back up like a rocket, and if I hold the earnings will actually suck and it will be at $1.50 before I can give myself a facial from self gratification efforts to make myself feel better.
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A little pop by SBUXComment -
i agree with that, but that sell recommendation by gs sure took the price down lately
you can be risk averse and use options for that, like i said if you are willing to buy it down at 40 just sell some puts down there, then you get free money if it doesn't drop that far... but if it does you're in at 40
i don't think it gets anywhere near 40 but who knowsComment -
Not much is gonna happen today until the 4 horseman take stage in congress as a opening act to the FED. Then on Thursday earnings after the bell will surely move the markets on Friday. Then there is the shyt show going on in congress over the stumblelus bill that you know they willbe battling over for the next week. I said it before and I'll reinterate it now. The market will step in and dive down to scare the shyt out of Congress and then and only then will there be a stimulus agreement.Comment -
"i do not believe in raising my Cost on a position"
Apologies, but i type slow and wrote a longer response and it disappeared into cyberspace 80%.
I respectfully disagree. I have no issue raising my CB. My thinking is if I'm on a winner the real issue is the delta between the current price and my CB. If you held a small position in Amazon in 1998 at say $3 would you have never bought another share? And yes I realize you'd still be well off, but if you consistently raised your cost basis you'd be on the board of directors.Comment -
holy shit KODK
on monday this was a $2 stock, now it's $26Comment -
Eastman Kodak ... something naughty happened here.
Unreal move this am as they announced a move into Pharma. For you volume experts check it out. Some one apparently bought 1.6M shares yesterday. Last look up ~150%. Something naughty happened here.Comment -
Main reason why KODAK is going up is because Trump pumped it. You get the President to pump a stock it's going to skyrocket. Simple as that. I'm not going anywhere near it. Wish I did earlier this week but knowing my luck the minute I do, it will plummet. That's been my luck the last couple weeks with stocks. I've lost a lot of $$$ the last two weeks b/w DKNG, GAN, LCA, and some other stocks. Everything I buy into just drops like a rock the minute I execute.Comment -
wow did someone really sell some KODK at 60 right before it went back down to 29Comment -
I feel bad for anyone who bought at $50. haha. It could go back up, of course. Never underestimate the power of a President's influence. I just wish he would pump up some of my stocks so I can stop this bleeding that's been going on in my portfolio the last two weeks. Been a nightmare. NOVN the one killing me. Had high hopes in that stock. Same with AZN.Comment -
43 million shares outstanding, and already 6 million august 2.5 puts have changed hands
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Earnings after the close today:
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my back of the envelope calculation says kodk will have $300 million in sales (they said eventually 30% of their business will be generic drugs)... so that is potentially worth $500 million or so in market cap ($11/share)Comment -
this has never happened to me before
i was trying to take a free $4500
Rejected Sell to Open 100 KODK Aug 21 2020 5.0 Put Limit 0.45 -- 07/29/20 11:33:34 07/29/20 Order No. KODK Aug 21 2020 5 Put Tax Lot ID Method:Your standing method Entered:11:33:34 07/29/20 Reuse
Order rejected: Opening transactions for this options contract are not being accepted. Last edited by milwaukee mike; 07-29-20, 10:49 AM.Comment
