Oh no, some on this board won't be happy about this! LOL!
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
I'm surprised they have all posted in unison yet. A small but vocal cabal of TSLA haters haunts this board.
Tesla is so good they didn’t even know they can deliver the truck two years early. LMAO
Roblox goes BOOM! I own a bunch via PRGTX:
www.cnbc.com
Roblox soars as it reports that revenue doubled in third quarter
Roblox said user growth for its video game continued in the third quarter, with the company. now averaging 47 million each day.
They were lumped in with other “quarantine stocks.” Looks like they actually have staying power.Roblox goes BOOM! I own a bunch via PRGTX:
Roblox soars as it reports that revenue doubled in third quarter
Roblox said user growth for its video game continued in the third quarter, with the company. now averaging 47 million each day.
Good listen. Summary - Money still flowing into funds in a big way, especially the index funds.
tdameritradenetwork.com
BITO, SPY, QQQ, IVV, VOO, VTI ETF Flows | Market On Close| Schwab Network
<p>ETFs: 460 launched in the last 12 months with $7.1T in assets total. "October was risk-on with roughly 4:1 equity to fixed income flow. The story has been cheap beta with relentless bid on IVV, SPY, QQQ, VOO, and VTI," says Dave Nadig. On his ETF watch list, he currently has BITO, JETS, INFL...
Really good video, thanks for posting. Shows that a lot of money is going into relatively safe index funds, not wild spec plays.Good listen. Summary - Money still flowing into funds in a big way, especially the index funds.
BITO, SPY, QQQ, IVV, VOO, VTI ETF Flows | Market On Close| Schwab Network
<p>ETFs: 460 launched in the last 12 months with $7.1T in assets total. "October was risk-on with roughly 4:1 equity to fixed income flow. The story has been cheap beta with relentless bid on IVV, SPY, QQQ, VOO, and VTI," says Dave Nadig. On his ETF watch list, he currently has BITO, JETS, INFL...
Looks like someone got tired of sticking it to "The Man" and stuck it to "The Hood" .
https://www.cbsnews.com/news/robinhood-data-breach-security-personal-data-hackers/
https://www.cbsnews.com/news/robinhood-data-breach-security-personal-data-hackers/
Interesting GE news:
www.cnbc.com
GE to break up into 3 companies focusing on aviation, health care and energy
GE plans to spin off the health-care unit by early 2023 and the energy unit by early 2024, the company said in a press release.
Interesting GE news:
GE to break up into 3 companies focusing on aviation, health care and energy
GE plans to spin off the health-care unit by early 2023 and the energy unit by early 2024, the company said in a press release.
A jump like the sum of the parts is worth more than the whole. I'm sure some will do better, but some will not, and if you're buying GE today you're getting both.
Tesla Shanghai sold 54,931 vehicles in October. Shanghai is absolutely crushing it. Starting to look like Q4 deliveries could top 300K, and that's with zero deliveries out of Berlin or Austin. All this noise with Elon and Twitter means nothing to the fundamentals.
But selling 10% of his shares does. And the exercise of his NQ options, they expire either Q4 2021 or Q1 2022, will affect the bottom line, including cash because there will be withholding.
And aren't you glad you didn't buy last Wednesday. A lot of people can't say that.
Looks like this will go live between $70-80 tomorrow. I have an order in with SoFi that I don't expect to get filled but we shall see. I'm very interested to see how it moves and what other non-Tesla EV names move with it.
www.investors.com
Rivian Stock Jumps As Deliveries Top Estimates
Rivian reported deliveries of 12,640 in the second quarter, beating Wall Street estimates for 11,000.
www.investors.com
Very quiet down 12% for Tesla. ARKK held up pretty well too. down 2.29%.
All weekend you heard how Musk was going to bring down the whole market. Obviously that didn't happen.
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Looks like this will go live between $70-80 tomorrow. I have an order in with SoFi that I don't expect to get filled but we shall see. I'm very interested to see how it moves and what other non-Tesla EV names move with it.
Rivian Stock Jumps As Deliveries Top Estimates
Rivian reported deliveries of 12,640 in the second quarter, beating Wall Street estimates for 11,000.
Well as the article says, if you own Amazon you have a small stake in the company.
Got an email while I was asleep from SoFi at 11:19 to confirm my order. It expired at 11:59. Oh well, maybe I lucked out at this price.Looks like this will go live between $70-80 tomorrow. I have an order in with SoFi that I don't expect to get filled but we shall see. I'm very interested to see how it moves and what other non-Tesla EV names move with it.
Rivian Stock Jumps As Deliveries Top Estimates
Rivian reported deliveries of 12,640 in the second quarter, beating Wall Street estimates for 11,000.
I've held a position for a couple months(during this time I was down about 10%). Helped buoy what would have been an otherwise down day.Roblox goes BOOM! I own a bunch via PRGTX:
Roblox soars as it reports that revenue doubled in third quarter
Roblox said user growth for its video game continued in the third quarter, with the company. now averaging 47 million each day.
I got in below $20. After that? I don't want to talk about it.
But like Rivian, I just don't see these valuations.
F and GM will be selling way more EV's in the coming years, in addition to their ICE vehicles, and will actually be making money. Not to mention the stock performance of each of these companies has been very good over the last 18 months.
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I mentioned GE way back in this thread at a much lower cost basis than where it trades now. Like this move and think it will increase value over time. I think Culp has probably cleaned up the balance sheet enough that a move like this is finally possible. I have faith he's put good leaders in charge of the other 2 segments that will be spun off and they will still have 20% stake in the healthcare spinoff.Interesting GE news:
GE to break up into 3 companies focusing on aviation, health care and energy
GE plans to spin off the health-care unit by early 2023 and the energy unit by early 2024, the company said in a press release.
I view it as similar to UTX..spinning off Carrier and Otis and then merging the remaining with Raytheon. All 3 have done well since. Siemens also underwent a similar breakup and same happened there too.
The crown jewel of aviation with the pandemic slowly easing will probably realize valuation closer to potential. Culp will still be in charge of that segment and it will likely still have the GE name on it. Healthcare is a pretty good FCF generator and has shown stable growth especially during the pandemic. I tend to think a slightly bigger part of the remaining debt will end up here but that's all still to be determined. Energy still has some work but I think renewables and spending on green has a lot of potential for the future plus takeover/merger is always possible too.
The moves won't be happening until 2023 and 2024 but I'll be holding all 3 through that and beyond and see where it goes. I think all 3 (especially aviation) can have a good trajectory.
I don't participate in this thread much because a lot of things are outside my risk tolerance and speed so I stay in the background.
But PYPL is one that has come up on my radar now but still haven't gotten in. I like payment processors like V, MA, PYPL...it's down 33% off the highs some support here in the high 100s low 200s. I think stronger support down around 170 area. It's getting oversold somewhat now if you didn't think so already...think it's a company with good technologies for the future. Any thoughts on entry point to start a position?
But PYPL is one that has come up on my radar now but still haven't gotten in. I like payment processors like V, MA, PYPL...it's down 33% off the highs some support here in the high 100s low 200s. I think stronger support down around 170 area. It's getting oversold somewhat now if you didn't think so already...think it's a company with good technologies for the future. Any thoughts on entry point to start a position?
Inflation numbers continue to increase...
Consumer price index surges 6.2% in October, worse than expected and the highest since December 1990
PUBLISHED WED, NOV 10 20218:31 AM ESTUPDATED MOMENTS AGOInflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday.
The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago. That compared to the 5.9% Dow Jones estimate.
U.S. consumer prices jump 6.2% in October, the biggest inflation surge in more than 30 years
The consumer price index surged 6.2% from a year ago in October, the most since December 1990.
PRGTX was up 2.57% on a down day for growth/tech due to Roblox. Flipped one of my accounts to green for the day.
These levels look to be the all time highs from last August. The stock slumped, as most stocks did, through sept, had a bit of a double top in Oct right right here, then took off again.
So does this level hold? I thought it might hold at $225, but obviously it didn't.
Current P/E of 50x, with expected eps growth of around 15% next year. PEG ratio of 3x? Sounds pretty rich. But EPS growth is expected to improve beyond that, and they are a company that tends to beat expectations.
I bought a half position around $245 expecting to get a chance to buy lower, now that I got it, not sure I want it.
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All companies in the payment processing sector have been hit lately from about July of this year. I think earnings and guidance have been muted in the sector so considering the high PEs I suppose it's natural they would take a hit. I still like the prospects for the ones I mentioned in the sector but as always ...it's at what price?
I feel it has firmer support in the 170s and I'd rather start a position there than here but that's another 15% drop on top of how much it's already dropped. If the overall market actually shows some weakness with all the hot inflation numbers I think it could go down there but the market has been a lot more resilient than you could imagine.
Pulling the trigger can always be an issue, especially for a retail joe like me. You have a plan and price target in your head and then when it's actually realized there's a hesitancy to do the last step. I tend to go for things that get oversold a lot, I'm somewhat of knife catcher but in companies I feel have good future prospects and management. Knife catching can be dangerous but I try to get over the mental hurdle with the idea I've built myself somewhat of a cushion with the price having fallen a bit already and the fact that I have more money to add to position and average down at other support levels should it fall further. Even with that it's still not always easy haha.
Apparently a metaverse play.
And the metaverse is an investment play I'm trying to wrap my head around. I mean who is in the metaverse? I feel I don't know anyone who participates.
But then I was talking to a guy recently and his son was big into it. And the middleschool which he attends just built a gym dedicated to e-sports.
Ya when a stock is running you want the dip so you can get it, but when the dip happens? Well it looked better when it was going up.
But as you say, if you feel strongly about the company, you can start a position here and add along the way, maybe at a lower price, maybe at a higher.
MRNA is another one that is way off it's highs that I'm keeping an eye on.
As of right now it is still strictly a Covid vaccine company. But did the covid vaccine provide proof for the platform? Bunch of stuff in the pipeline. Flu vaccine for instance. Covid boosters likely go on forever. The cancer vacinne plays? not sure where they are.
If you look at just the 2021 P/E it's about 10x(though 4q is still estimated and they did miss on q3) and 2022 EPS is estimated to be even better. So in the right now it's cheap. 2023 and beyond? Then the pipeline needs to kick in. Current estimates for EPS in 2023 are less then half of 2022 and those estimates cut 2024 in half(even moreso actually) yet again.
As of right now it is still strictly a Covid vaccine company. But did the covid vaccine provide proof for the platform? Bunch of stuff in the pipeline. Flu vaccine for instance. Covid boosters likely go on forever. The cancer vacinne plays? not sure where they are.
If you look at just the 2021 P/E it's about 10x(though 4q is still estimated and they did miss on q3) and 2022 EPS is estimated to be even better. So in the right now it's cheap. 2023 and beyond? Then the pipeline needs to kick in. Current estimates for EPS in 2023 are less then half of 2022 and those estimates cut 2024 in half(even moreso actually) yet again.
NVDA is super up on this metaverse stuff as well. Need semi's for all those graphic cards and systems!
My best stock ever that I've held for quite a few years. Unfortunately sold 2/3s awhile back 1/3 at a time pre split trying not to be a pig each time. Thought to myself the freaking thing has gone to the moon already how much more can there be...last 1/3 can go to Krypton and I'm not selling lol.
Not at all related. But seeing a commercial for Shen Yun, the chinese stage performance, and I'm thinking "man who is going to watch that right now" given the geo political landscape, but then they add in the "see China before communism", and I say "aight".
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