OT: Stock and Investment Talk

[RU-05]

I jumped into some EV etfs, but avoided green energy options. Those are way too tied to the whims of DC (just like weed stocks).

Any idea what is going on with DMG today? Down 20% while the crypto market is up. Didn't find any news (except good news from yesterday about a new partnership! LOL. ).

E*TRADE FINANCIAL - Quotes & Research (wallst.com)

It looks like issuance of new stocks and warrants. 34 million new shares, where as today there are 108 million shares available. Not sure if that 108 includes the 34(I'll assume it doesn't) but either way that's a big %.


Edit: However while that is short term pain for the current share holders, it should position the company for stronger growth moving fwd. Which is an interesting side bar, and a new concept for myself. How the current elevated levels of the market, perhaps especially for small caps, and how much money these companies have and will continue to raise via stock issuance, without too much ownership dilution, because they are at these levels.

 

[RU-05]

Was contemplating selling DE. It was highlighted last night on Fast Money(along with Cat). And the chart master Carter Worth thought it's charts, as it was up near the top end of a channel which has been a level of resistance for years, indicating it was due for a down turn. It has been on a great run since the covid dip. More then 200% off the bottom, and valuations looking pretty rich at 34x p/e.

But Guy Adami noted (more per CAT but same goes for DE)that if we look at 2021 earnings, which are expected to be about 80% higher then 2020 the P/E is still very reasonable. Strong growth looks to continue into 2022 as well, near 20% yoy. Have to believe this would trade well when the infrastructure talks start to heat up.

Plus as I bought this in early April, it is probably worth it to hold through some potential short term volatility in order to get to the other side of that tax consideration.

 

[RU-05]

QCOM l

I’m not a penny stock fan but I know some
In this thread are (@RU-05 , @T2Kplus20 ). My son’s friend knows this company well, ASTI, which just signed a deal with NASA. Stock is at .07.

NASA’s Marshall Space Flight Center Selects Ascent Solar Technologies CIGS Modules for Their LISA-T and Solar Cruiser Flight Experiments

THORNTON, CO, March 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Ascent Solar Technologies, Inc. (OTCQB: ASTI), a developer and manufacturer of...

www.globenewswire.com

Down below .05, looks interesting.

 

[SBP]

Just sold the rest of my ARKK and ARKG positions after taking profits over the past few months

 

[rutgersdave]

Just sold the rest of my ARKK and ARKG positions after taking profits over the past few months

Got rid of my ARKK and ARKW before it started falling a while ago but still have a small amount of ARKW.

Cathy brought a lot more of Tesla yesterday.

 

[T2Kplus20]

E*TRADE FINANCIAL - Quotes & Research (wallst.com)

It looks like issuance of new stocks and warrants. 34 million new shares, where as today there are 108 million shares available. Not sure if that 108 includes the 34(I'll assume it doesn't) but either way that's a big %.


Edit: However while that is short term pain for the current share holders, it should position the company for stronger growth moving fwd. Which is an interesting side bar, and a new concept for myself. How the current elevated levels of the market, perhaps especially for small caps, and how much money these companies have and will continue to raise via stock issuance, without too much ownership dilution, because they are at these levels.

Thanks for the heads up.

I believe it is 108 total now (pretty sure it was well under 100 when I first bought). It is a long-term play for me, just like the other crypto stocks, so let's see what happens!

 

[T2Kplus20]

Just sold the rest of my ARKK and ARKG positions after taking profits over the past few months

Bought more ARKK today (which is the only ARK option that I am in). I moved around a few etfs/funds in my accounts to consolidate. Still positive for ARKK.....barely. :)

Long-term holder here.

 

[JayDogSmooth]

Bought more ARKK today (which is the only ARK option that I am in). I moved around a few etfs/funds in my accounts to consolidate. Still positive for ARKK.....barely. :)

Long-term holder here.

T love your insights, wondering why only ARKK and none of the others?

 

[jtung230]

Got rid of my ARKK and ARKW before it started falling a while ago but still have a small amount of ARKW.

Cathy brought a lot more of Tesla yesterday.

What is she selling to buy more TSLA? Now it makes more sense why it’s not selling off more.

 

[RU-05]

Sold:
CRWD
MSFT
ATVI
ZNGA

Bought.

APTV
QCOM


Might buy:
CLF
AA

 

[jtung230]

Just sold some of my Apr 1st 35 strike BLNK puts for 67% gain. too bad I only bought 5 contracts. Holding 2 to double the money.

 

[T2Kplus20]

T love your insights, wondering why only ARKK and none of the others?

I looked at all of them very closely and ARKK has components of all the other etfs. As the flagship offering, it seems like it includes the best of the holdings of all the others. As the "innovation" fund, it is more diverse. I looked very hard at ARKG, but 7-8 of ARKG's top holdings were already part of ARKK.

That's my logic. If you are a passionate or a bull with one of those specific sectors, those etfs are a great fit.

 

[T2Kplus20]

Sold:
CRWD
MSFT
ATVI
ZNGA

Bought.

APTV
QCOM


Might buy:
CLF
AA

Too many symbols to look up! I know some of them. 😜

 

[RU-05]

Too many symbols to look up! I know some of them. 😜

Crowdstrike was a high flyer, with excellent rev growth but pre earnings(should turn that soon), but has been on the down trend with raising interest rates, which I figure continues.

Microsoft, 30 something p/e, with growth, but not so much to reel in that multiple in the upcoming years. ATVI is very similar. ZNGA is sort of similar just pre earnings. Interest rates a concern for each.

APTV is electronic parts for cars, and QCOM is semiconductors, both mid 20's ttm p/e, but 2021 estimates brings that into the teens, and strong growth continues beyond that. I guess interest rates are worries here too, but earnings growth looks too good. Both have had huge runs this year, but QCOM did just sell off a bit.

Cleveland cliffs is iron and steel, Alcoa is aluminum.

 

[RU-05]

Still have a bunch of spac-ish small cap-ish type plays I recently bought and thus far have been burned on. Like SNPR, like DNMR, like GHVI, like AITX. Harvesting some losses wouldn't be the worst thing in the world, but I don't want to sell at the bottom(hopefully that is where we are) and think if they bounce they could bounce big.

Think the likes of these stocks will benefit from stimulus money flowing into the market through retail investors.

 

[RU-05]

NSDQ down 2.3% and selloff appears to be heating up.

 

[T2Kplus20]

NSDQ down 2.3% and selloff appears to be heating up.

Emotional people doing emotional things. Happy I'm not a trader!

 

[RU in IM]

Bought more ARKK today (which is the only ARK option that I am in). I moved around a few etfs/funds in my accounts to consolidate. Still positive for ARKK.....barely. :)

Long-term holder here.

well, if you liked it when it was 30% higher.....which you did based on all your posts, buying more could make sense....... IF you remain sufficiently diversified.

 

[T2Kplus20]

well, if you liked it when it was 30% higher.....which you did based on all your posts, buying more could make sense....... IF you remain sufficiently diversified.

I definitely lean to the growth/tech side. It is the right play long-term, but I adjust as need to catch the tides. ARKK is 6-7% of our total retirement portfolio. Some nice juice, but nothing too big.

 

[jtung230]

Sold my last 2 puts on BLNK at the close. 87%. I guess I should thank @RU-05.

 

[RU-05]

Sold my last 2 puts on BLNK at the close. 87%. I guess I should thank @RU-05.

$$$ is all the thanks I need.

 

[jtung230]

GME up $6 today. LOL. I missed out on RKT short today. It sold off pre-open and didn’t look back.

 

[RUAldo]

What is she selling to buy more TSLA? Now it makes more sense why it’s not selling off more.

She’s attempting to stabilize TSLA by showing continued support while knowing she has the ability to stop the bleeding. It’s definitely a risk especially in light of the recent tech wreck.

 

[T2Kplus20]

She’s attempting to stabilize TSLA by showing continued support while knowing she has the ability to stop the bleeding. It’s definitely a risk especially in light of the recent tech wreck.

Rough week or two for tech normal means boom weeks for tech on the horizon. Be careful and don't miss out.

Tech 'rollover' is a major buying opportunity: Oppenheimer's top strategist

Oppenheimer Asset Management’s John Stoltzfus believes tech plays a key role in the reopening trade.

www.cnbc.com

 

[jtung230]

She’s attempting to stabilize TSLA by showing continued support while knowing she has the ability to stop the bleeding. It’s definitely a risk especially in light of the recent tech wreck.

I think you are giving her too much credit. The volume and market cap of TSLA makes it hard to control. She might be slowing it down but it’s out of her hands. My only complaint about her doubling and tripling down shows her lack of analysis of macro conditions. It’s great that she has conviction on the stock but you can’t fight the tide. Selling winners or less losers to buy a bigger loser is a rookie move. That’s something I used to do when I was younger.😀

 

[RUDead]

I think you are giving her too much credit. The volume and market cap of TSLA makes it hard to control. She might be slowing it down but it’s out of her hands. My only complaint about her doubling and tripling down shows her lack of analysis of macro conditions. It’s great that she has conviction on the stock but you can’t fight the tide. Selling winners or less losers to buy a bigger loser is a rookie move. That’s something I used to do when I was younger.😀

She has a lot of liquidity issues in this fund. She can't add to any of those names. That's why she is buying TSLA. She can sell those shares later without moving the market too much.

 

[T2Kplus20]

I think you are giving her too much credit. The volume and market cap of TSLA makes it hard to control. She might be slowing it down but it’s out of her hands. My only complaint about her doubling and tripling down shows her lack of analysis of macro conditions. It’s great that she has conviction on the stock but you can’t fight the tide. Selling winners or less losers to buy a bigger loser is a rookie move. That’s something I used to do when I was younger.😀

+1
On shear buying, her moves don't come close to making that much of a difference. Just compare the overall daily volume to ARK's purchases. However, her going on TV to voice her continuing support surely helps.

She has a great understanding of macro issues. Most of her webcasts are devoted to them.

She was on a YouTube show today and shit on "momentum trading". Brief summary of her comments:

 

[T2Kplus20]

Oh yeah, when is ARK's space ETF launching? :)

SpaceX Starship prototype rocket explodes after successful landing in high-altitude flight test

SpaceX test flew Starship rocket SN10 on Wednesday, which landed successfully but then exploded a few minutes after.

www.cnbc.com

 

[T2Kplus20]

ARK trades today:

Latest Trades

	Fund	Date	Direction	Ticker	CUSIP	Company	Shares​	% of ETF
1	ARKF	03/3/2021	Buy	KSPILI	48581R205	KASPI.KZ JSC	2,651​	0.0042​
2	ARKG	03/3/2021	Buy	VEEV	922475108	VEEVA SYSTEMS INC	75,900​	0.2060​
3	ARKG	03/3/2021	Buy	TXG	88025U109	10X GENOMICS INC	49,218​	0.0839​
4	ARKG	03/3/2021	Buy	SRPT	803607100	SAREPTA THERAPEUTICS INC	87,700​	0.0762​
5	ARKG	03/3/2021	Buy	RPTX	760273102	REPARE THERAPEUTICS INC	16,969​	0.0053​
6	ARKG	03/3/2021	Buy	ONEM	68269G107	1LIFE HEALTHCARE INC	169,564​	0.0750​
7	ARKG	03/3/2021	Buy	MASS	65443P102	908 DEVICES INC	126,362​	0.0635​
8	ARKG	03/3/2021	Buy	BFLY	124155102	BUTTERFLY NETWORK INC	390,584​	0.0650​
9	ARKG	03/3/2021	Buy	CMLF	18978W109	CM LIFE SCIENCES INC	332,617​	0.0604​
10	ARKG	03/3/2021	Buy	CDXS	192005106	CODEXIS INC	16,991​	0.0035​
11	ARKG	03/3/2021	Buy	ACCD	00437E102	ACCOLADE INC	93,700​	0.0411​
12	ARKG	03/3/2021	Buy	ADPT	00650F109	ADAPTIVE BIOTECHNOLOGIES CORP	244,014​	0.1219​
13	ARKG	03/3/2021	Sell	GOOGL	02079K305	ALPHABET INC	10,400​	0.2056​
14	ARKG	03/3/2021	Sell	BMY	110122108	BRISTOL-MYERS SQUIBB CO	198,865​	0.1171​
15	ARKG	03/3/2021	Sell	RHHBY	771195104	ROCHE HOLDING AG	515,538​	0.2047​
16	ARKG	03/3/2021	Sell	PSTI	72940R300	PLURISTEM THERAPEUTICS INC	120​	0.0000​
17	ARKK	03/3/2021	Buy	TDOC	87918A105	TELADOC HEALTH INC	226,209​	0.2047​
18	ARKK	03/3/2021	Buy	FATE	31189P102	FATE THERAPEUTICS INC	148,508​	0.0577​
19	ARKK	03/3/2021	Buy	EXAS	30063P105	EXACT SCIENCES CORP	62,847​	0.0362​
20	ARKK	03/3/2021	Buy	BLI	084310101	BERKELEY LIGHTS INC	305,000​	0.0795​
21	ARKK	03/3/2021	Buy	U	91332U101	UNITY SOFTWARE INC	142,314​	0.0627​
22	ARKK	03/3/2021	Buy	ZM	98980L101	ZOOM VIDEO COMMUNICATIONS INC	134,399​	0.2091​
23	ARKK	03/3/2021	Buy	BEAM	07373V105	BEAM THERAPEUTICS INC	327,030​	0.1233​
24	ARKK	03/3/2021	Buy	PLTR	69608A108	PALANTIR TECHNOLOGIES INC	1,988,500​	0.2099​
25	ARKK	03/3/2021	Sell	TSM	874039100	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	532,806​	0.2872​
26	ARKK	03/3/2021	Sell	TCEHY	88032Q109	TENCENT HOLDINGS LTD	273,293​	0.1073​
27	ARKK	03/3/2021	Sell	NTDOY	654445303	NINTENDO CO LTD	59,162​	0.0188​
28	ARKK	03/3/2021	Sell	ICE	45866F104	INTERCONTINENTAL EXCHANGE INC	97,749​	0.0477​
29	ARKK	03/3/2021	Sell	BIDU	056752108	BAIDU INC	267,378​	0.3393​
30	ARKK	03/3/2021	Sell	BEKE	482497104	KE HOLDINGS INC	8,847​	0.0024​
31	ARKQ	03/3/2021	Buy	U	91332U101	UNITY SOFTWARE INC	173,600​	0.5114​
32	ARKQ	03/3/2021	Buy	EXPC	30217C109	EXPERIENCE INVESTMENT CORP	84,800​	0.0339​
33	ARKQ	03/3/2021	Buy	ESLT	M3760D101	ELBIT SYSTEMS LTD	2,740​	0.0103​
34	ARKQ	03/3/2021	Buy	AONE	G7000X105	ONE	554,800​	0.1957​
35	ARKQ	03/3/2021	Sell	DE	244199105	DEERE & CO	31,474​	0.3083​
36	ARKQ	03/3/2021	Sell	FLIR	302445101	FLIR SYSTEMS INC	160,593​	0.2446​
37	ARKW	03/3/2021	Buy	U	91332U101	UNITY SOFTWARE INC	189,900​	0.2534​
38	ARKW	03/3/2021	Buy	TSLA	88160R101	TESLA INC	23,320​	0.1986​
39	ARKW	03/3/2021	Buy	TDOC	87918A105	TELADOC HEALTH INC	78,940​	0.2095​
40	ARKW	03/3/2021	Buy	PLTR	69608A108	PALANTIR TECHNOLOGIES INC	670,300​	0.2079​
41	ARKW	03/3/2021	Buy	ZM	98980L101	ZOOM VIDEO COMMUNICATIONS INC	89,672​	0.4010​
42	ARKW	03/3/2021	Sell	NVDA	67066G104	NVIDIA CORP	85,856​	0.5689​
43	ARKW	03/3/2021	Sell	TSM	874039100	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	316,428​	0.5008​
44	ARKW	03/3/2021	Sell	API	00851L103	AGORA INC	113,066​	0.0900​

 

[RUAldo]

I think you are giving her too much credit. The volume and market cap of TSLA makes it hard to control. She might be slowing it down but it’s out of her hands. My only complaint about her doubling and tripling down shows her lack of analysis of macro conditions. It’s great that she has conviction on the stock but you can’t fight the tide. Selling winners or less losers to buy a bigger loser is a rookie move. That’s something I used to do when I was younger.😀

CW backed herself into a corner by allowing TSLA, a spec stock, to become 10% of her fund. She’s such a well-known manager that the second she sells a share of TSLA it will take a serious hit, further damaging her entire TSLA position. CW has no choice but to go all in on TSLA and to keep adding on drops to try and stabilize the stock. She’s betting her entire fund on TSLA.

 

[T2Kplus20]

CW backed herself into a corner by allowing TSLA, a spec stock, to become 10% of her fund. She’s such a well-known manager that the second she sells a share of TSLA it will take a serious hit, further damaging her entire TSLA position. CW has no choice but to go all in on TSLA and to keep adding on drops to try and stabilize the stock. She’s betting her entire fund on TSLA.

Silly post. She is a true believer of Telsa and the company's future.

 

[jtung230]

CW backed herself into a corner by allowing TSLA, a spec stock, to become 10% of her fund. She’s such a well-known manager that the second she sells a share of TSLA it will take a serious hit, further damaging her entire TSLA position. CW has no choice but to go all in on TSLA and to keep adding on drops to try and stabilize the stock. She’s betting her entire fund on TSLA.

Good point. She is the canary for Tesla. The only way out now is Tesla coming through with robotaxi. I don’t see other funds coming through at this point.

 

[T2Kplus20]

Good point. She is the canary for Tesla. The only way out now is Tesla coming through with robotaxi. I don’t see other funds coming through at this point.

Another silly post. She is a true believer of Tesla. You may disagree with her assessment, but the talk about her getting backed into a corner or is a canary is asinine.

Time to grow up.

 

[jtung230]

Another silly post. She is a true believer of Tesla. You may disagree with her assessment, but the talk about her getting backed into a corner or is a canary is asinine.

Time to grow up.

I’m sure she is a true believer. What we are saying is that she is too long. Think GME shorts in reverse. If she starts selling, people will front run it. If the biggest bull is selling, lookout below.

 

[RUAldo]

Silly post. She is a truly believer of Telsa and the company's future.

New age fund managers like CW don’t believe in stocks/companies. They only believe in making money and that’s fine. But There is a difference (see Buffett). She got greedy with TSLA and will get exposed as spec tech continues to plummet. The more I think about it I laugh at CW and all of her followers - EVERYBODY that jumped into tech in March 2020 is up big. I loaded up on Pinterest, Chewy, Teladoc, etc. and made the easiest money of my life. My 2020 returns make me look like an investing genius too - like everyone else on this Board that jumped in when the market crashed.

 

[RUAldo]

As I’ve said before, my biggest regret last March was that I bought a lot but planned to buy so much more. But the market snapped back so quick that I was caught off-balance and was left with a bunch of cash I wanted to deploy.

 

[T2Kplus20]

New age fund managers like CW don’t believe in stocks/companies. They only believe in making money and that’s fine. But There is a difference (see Buffett). She got greedy with TSLA and will get exposed as spec tech continues to plummet. The more I think about it I laugh at CW and all of her followers - EVERYBODY that jumped into tech in March 2020 is up big. I loaded up on Pinterest, Chewy, Teladoc, etc. and made the easiest money of my life. My 2020 returns make me look like an investing genius too - like everyone else on this Board that jumped in when the market crashed.

CW is 65 years old and has a long history (including managing through the dot.com crash and 9/11). She believe in innovation. She believe in Tesla and is using this opportunity to buy more of her high conviction stocks. I recommend you do the same. Also, if you think ARK is just a 2020 thing, you are foolish.

 

[T2Kplus20]

As I’ve said before, my biggest regret last March was that I bought a lot but planned to buy so much more. But the market snapped back so quick that I was caught off-balance and was left with a bunch of cash I wanted to deploy.

I wasn't caught off guard. Don't be jealous. 😜

 

[T2Kplus20]

I’m sure she is a true believer. What we are saying is that she is too long. Think GME shorts in reverse. If she starts selling, people will front run it. If the biggest bull is selling, lookout below.

She runs ETFs. Of course she is a long investor. D'uh.

 

[RUAldo]

CW is 65 years old and has a long history (including managing through the dot.com crash and 9/11). She believe in innovation. She believe in Tesla and is using this opportunity to buy more of her high conviction stocks. I recommend you do the same. Also, if you think ARK is just a 2020 thing, you are foolish.

Ummm...what chart are you looking at?! ARKK went from about $20 in 2016 and by 2019 barely broke $50. Then it was around $30 when it started its epic climb like every other spec tech play. 2020 put ARKK on the map.