LOL! Funny photo:
Interesting article on Ethereum.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
Very good article. ETH has a tremendous amount of value, which will grow over time. BTC and ETH are very different cryptos and don't compete again each other. If Cardano/ADA is rolled out as planned and on schedule (which is still an "if"), that may be another nice play.
Interesting article on Ethereum.
It kind of became less interesting as I went. I guess I was hoping to see what the real world applications beyond the crypto world applications are. Where this is basically telling you that the crypto world is growing, and ETH is the infrastructure on which much of it will be built.
But that's an expectation thing on my part.
I believe the biggest thing of "real world" value is DeFi. Remember, one of the largest EU banks recently used ETH to issue about $200m of bonds. This was a beta test. If it works out, this may become the norm in the future.
Catherine Wood has been wrong about deflation for years. Luckily her economic ignorance hasn't affected the performance of her concentrated stock portfolio.
In theory, yes, but the battery would cost you an arm and a leg compared to a whole house generator. Harbor Freight sells small solar panels for $70 that you could just hook up to a battery source and keep it at 100% until you need it.
A Tesla powerwall holds 13.5 kwh and costs $7000 plus installation. During the spring with no AC/heater, I use anywhere from 10 kwh - 20 kwh, and my roof produces 25 kwh on a full sunny day. To use solar as a backup generator, you'd want 2 powerwalls for every day of backup power wanted. That's quite an upfront cost for peace of mind.
@RUJohnny99
Thanks. agree on the cost issue. My town won’t let me dig up the road for a new gas line for a generator. Plus, I do like the low maintenance and green aspect of it. I’m considering it w/o solar. But Tesla only sells it as a package deal. Will call Generac to see if they can do it and how long it can run for.
Thanks. agree on the cost issue. My town won’t let me dig up the road for a new gas line for a generator. Plus, I do like the low maintenance and green aspect of it. I’m considering it w/o solar. But Tesla only sells it as a package deal. Will call Generac to see if they can do it and how long it can run for.
Question for some of you who understand the market better than I ever will. Why havent the Reddit traders turned on AMC and its ceo. He (ceo) knows they are trying to short squeeze the hedgefunds and he turns around and issues 8.5 new shares to a hedge fund that turns around, calls it over-valued and then dumps the shares on the Reddit crowd at a 20% premium. I would be pissed at the transfer of wealth that went from retail to Mudrick if I were them as well as te dilution, but it seems they are still backing it.
Well, the CEO shouldn’t care about any one group of shareholders trading with others. His responsibility is to act in the best interest of the owners of the business. By issuing shares at a price above intrinsic value and using the proceeds to improve the balance sheet (pay down debt), he is doing precisely what a CEO should do.
Fom his perspective, he had an opportunity to sell overpriced shares to an investor. What that investor does after the primary sale (ie from the company to the hedge fund) by selling to other market participants isn’t really the CEO’s concern.
"Why havent the Reddit traders turned on AMC and its ceo."
Because the strongest move they have is to sell their position and lock in the decades worth of gains they've made in the last few weeks.
That’s a fair question. The answer likely has to do with ease of execution. Easier to deal with one counterparty at an agreed upon price than to offer shares to a group of far smaller shareholders Who individually lack the capacity to speak for the entire offering. I also doubt that the fund told the company they planned to off load the shares to Reddit holders, as they didn’t necessarily know that the shares would appreciate by 20% so quickly. They did assume some risk.
Because the stock would crater. LOL. Remember that these stocks are not trading on fundamentals. It needs a story.
Loser in the Darwin Award contest because she's still alive. Mess with a mama bear with her cubs near by? Madness. Kind of like buying GME at 430.
The worst performing sector over the last 6 months is Academic and Educational Services down 24% which would be terrible in a vacuum but looks even worse considering how well the rest of the market has performed. Going to start combing through and tracking this one.
Speaking of Amazon and EV, back in August I had 3 grand to invest, and almost bought 1 share of Amazon. Instead I bought 3000 shares of Ideanomics at $1 each. Turned out very well so far (AMZN at $3217 and IDEX at $3.10 today).
For high risk, high reward, consider PBR. Setting up for a good run
I just recently bought AMZN thinking it may be ready to start rolling again.
I'm all ready getting fidgety.
Did you pull profits on the way up?
My first thought was "I already have enough oil plays" but the Brazilian angle, plus it's long term chart has me thinking, "maybe".
Side note: your overall thoughts in investing in Brazilian companies? I have owned and have done well with STNE, and have been considering PAGS recently.
Yes, in February I sold 1000 shares at $4.30 and it proceeded to go as high as 5.75 a day later. By mid-April it had dropped to 2.35 and has been on a slow climb ever since. IDEX is an EV “enabler” and among other things they own WAVE charging systems (wireless charging plate embedded in the ground that charges vehicles that are parked over them, currently used to charge electric buses while they’re stopped at bus stops), which has tremendous upside potential. Could be 7-10 dollar stock by the end of the year.
Did you buy back when it got down near $2?
EV(as well as green energy) plays have been gaining traction again recently, and this time it is more the "enabler" companies as you say as the market reacts to F, GM and the rest of the legacies get more serious in terms of EV. $7-10 sounds ambitious for the end of this year though, there is strong forecasted growth in the years ahead, but it is still pretty expensive(21x p/s) at the moment. I guess a reddit/WSB run is possible, do we know if it get's any play on those forums?
I have been swing-trading it, so yes, I did buy back some at 2.35. Since then I’ve sold some at 2.95 in order to buy Ocugen when it was at 7.30 (Ocugen could easily double this month, from its current price of 8.30, once they apply for Emergency Use Authorization (EUA) from the FDA to sell Covaxin, vaccine for multiple variants of Covid that is ideal as an annual booster shot, and also safer for children).
I think it’s reasonable for IDEX to hit $7 this year, as it was at 5.75 just 4 months ago, and since then they have acquired profitable businesses that will be reflected on future earnings reports. They will also be introducing their own branded commercial-use EVs, under the brand name Medici Motor Works (MMW).
As you can tell, I’m very bullish on both IDEX and Ocugen (OCGN).
I think it’s reasonable for IDEX to hit $7 this year, as it was at 5.75 just 4 months ago, and since then they have acquired profitable businesses that will be reflected on future earnings reports. They will also be introducing their own branded commercial-use EVs, under the brand name Medici Motor Works (MMW).
As you can tell, I’m very bullish on both IDEX and Ocugen (OCGN).
Probably because it's easier for an investment bank to line up one purchaser than several hundred thousand. The company just wants the cash, they don't care who it comes from.
