ADVERTISEMENT

OT: Stock and Investment Talk

SOFI tearing it up today after a bunch of upgrades. Like I said, the down slide is to allow institutional buyers to come in at a low price and then upgrade the stock. My hunch is that HOOD is next. ~$37-40 should be a low and buying point.
what a horrible earnings report by HOOD. No longer a buy. Hope no one is jumping in
 
TreasuryDirect.gov
I Bond rates adjust again in Nov from 3.54 to 7.12
You can buy 10k each for you and spouse this year, and can do same in January.
What's the duration of the bond? Or is this the one that the rate changes all the time?
 
But you chose to stick with it post merger I assume? At the time of merger you could have cashed out and not been down?
I tendered the shares and kept the warrants. Akerna was the company. It's just a different way to give your money to investment banks.
 
@RUAldo

personally, I think being associated with commercial fleet is a negative, especially for luxury segment. Short term, it’s great for Tesla. Long term, not sure it’s a positive for the brand.
Article this morning in the WSJ (front page of Business and Finance section). "Tesla Challenges Taboo on Rental-Car Dealings". Will be interesting to see how this all plays out. Rental car companies are having problems being able to acquire enough attractive vehicles to meet consumer demand post Covid and are receiving lower discounts (Hertz is paying full fare for the Teslas).
 
I tendered the shares and kept the warrants. Akerna was the company. It's just a different way to give your money to investment banks.
Ok, so it didn't work out for you, but in general this would have been a perfect example of the strategy. Park your money at 10-10.50 a share. When this deal was announced it went up to $27. Sell then and there's your no risk high reward winner. Not second guessing your decision (especially since many thought this was one of the best cannabis stocks to hold at the time), just more looking at the mechanics of this strategy.
 
  • Like
Reactions: RUJohnny99
Ok, so it didn't work out for you, but in general this would have been a perfect example of the strategy. Park your money at 10-10.50 a share. When this deal was announced it went up to $27. Sell then and there's your no risk high reward winner. Not second guessing your decision (especially since many thought this was one of the best cannabis stocks to hold at the time), just more looking at the mechanics of this strategy.
I'm thinking of trying a similar strategy in December. I figure all the unloved SPACs with no dance partners will just get tossed in tax loss selling, and I'll be able to pick some up below $9. I used to do this with busted IPOs that were selling below the cash on the books. I'd get 2-3 per December, but they would usually be bought out by a private equity within a few months who was doing the same thing I was doing, but scaled up. LOL.
 
Ok, so it didn't work out for you, but in general this would have been a perfect example of the strategy. Park your money at 10-10.50 a share. When this deal was announced it went up to $27. Sell then and there's your no risk high reward winner. Not second guessing your decision (especially since many thought this was one of the best cannabis stocks to hold at the time), just more looking at the mechanics of this strategy.
I'm looking at IPOD and IPOF. Chamath has been eerily quiet and we are starting to see SPACs pop again lately (aside from DWAC), so I'm hoping he will deliver another set of deals that spike on announcement.
 
  • Like
Reactions: RUJohnny99
Article this morning in the WSJ (front page of Business and Finance section). "Tesla Challenges Taboo on Rental-Car Dealings". Will be interesting to see how this all plays out. Rental car companies are having problems being able to acquire enough attractive vehicles to meet consumer demand post Covid and are receiving lower discounts (Hertz is paying full fare for the Teslas).
Why is Hertz paying full price?
Maintenance and charging cost are much less for EVs.
Model 3s hold their value better than any other car in their fleet.
 
Sold my NYCB today after it tanked off it's quarterlies. Was still up a couple % points in a few months but that was an unexpected dissapointment.

COF(I own) and V(I don't) also down, but not nearly as much.

So some financial's taking a hit today.
 
I have OSK reporting tomorrow.

I was up a decent amount at one point, down a decent amount now.

Wary of the call tomorrow.
 
A lot better than a Ford Focus.
I was in the used car market about this time last year and I did see a fare amount of Focus's out there which were fairly new, fairly low miles and looked pretty clean, which were right there in my price range. I think a decent looking car as well.

But my buddy who is a mechanic, and whose opinion I very much trust, just completely shot it down.

Edit: Thinking about it now, they were probably rental cars, ie beat on.
 
You know they haven't, and his post didn't imply they were.

Bovine excrement. My post specifically said rental fleet and his response ducked that aspect and made a comparison to the Ford Focus. He simply could have stated they haven't, but apparently I had blasphemed against St. Elon.
 
GM beats on earnings, misses on rev's and chip shortage continues.

Down near 5ish%.

My largest holding, so including some of the above posts, a down day for me.
 
Bovine excrement. My post specifically said rental fleet and his response ducked that aspect and made a comparison to the Ford Focus. He simply could have stated they haven't, but apparently I had blasphemed against St. Elon.
When you asked that question you knew the Model 3's have never been in a rental fleet.

It was a bs question from the get go.
 
When you asked that question you knew the Model 3's have never been in a rental fleet.

It was a bs question from the get go.

Which followed a BS statement about Model 3s holding up better than any car in their fleet. Fleet cars are different than individually owner so there was absolutely NO basis for that statement. Forgive me Elon for I have sinned.
 
Which followed a BS statement about Model 3s holding up better than any car in their fleet. Fleet cars are different than individually owner so there was absolutely NO basis for that statement. Forgive me Elon for I have sinned.
The implication was that Model 3 values thus far hold up better then non fleet Ford Focus values, thus we should expect Model 3 fleet car values to hold up better then Focus fleet car values. Shouldn't be too hard to figure out what was meant.

But you guys are intent on playing a game of nanny nanny boo boo. Grow up.
 
TreasuryDirect.gov
I Bond rates adjust again in Nov from 3.54 to 7.12
You can buy 10k each for you and spouse this year, and can do same in January.
Just bought 10k. Can’t be worst than 50 bps in the savings account. Will buy another 10k in the wife’s name.
 
  • Like
Reactions: T2Kplus20
Why is Hertz paying full price?
Maintenance and charging cost are much less for EVs.
Model 3s hold their value better than any other car in their fleet.
Hertz paying full price because there is a shortage of new cars and strong demand for them, especially Teslas. The major rental companies downsized their fleets in response to Covid and have benefited from a very strong used car market (partially driven by the lack of new car production). They now have to increase the size of their fleets to meet increased demand at a time when the OEMs are not offering discounts (except on sedans that are unpopular).

Hertz is being aggressive. Just agreed to rent some of those Teslas to Uber drivers (up to 50,000 of them by 2023). No other rental company will be allowed to rent Teslas to Uber drivers, exclusive agreement.
 
TreasuryDirect.gov
I Bond rates adjust again in Nov from 3.54 to 7.12
You can buy 10k each for you and spouse this year, and can do same in January.
You can buy $10,000 every year? These bonds are for 5 years? Just brought my $10,000, will spread the news to family members.

My father brought a couple hundred thousands of EE bonds back in 1980’s with 7.5% and family cashed them last year when he passed. He didn’t cash them even when they already stopped paying interest because he didn’t want to report the interest on the tax returns. Didn’t need to put into the stock market.
 
Last edited:
The implication was that Model 3 values thus far hold up better then non fleet Ford Focus values, thus we should expect Model 3 fleet car values to hold up better then Focus fleet car values. Shouldn't be too hard to figure out what was meant.

But you guys are intent on playing a game of nanny nanny boo boo. Grow up.
I thought EVs had a higher depreciation than ICE?
 
ADVERTISEMENT
ADVERTISEMENT