I’ve been buying MU the past few days.Man MU back to $77. I know all the semi's are down, but some of those are expensive. MU is dirt cheap.
Pretty much right on expectations for the Feb data point. The base affect comes online next month since last March is when the ramp up in inflation began.![]()
Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years
The consumer price index for February was expected to rise 7.8% over the past year, according to Dow Jones estimates.www.cnbc.com
Semiconductors are a buy across the board.Man MU back to $77. I know all the semi's are down, but some of those are expensive. MU is dirt cheap.
I think this 2900-3000ish area is resistance but we'll see.The guy from Loup saying that with the split this opens up the ability of giving shares to it's lowered paid workers. Not going to give those guys a $3000 bonus.
And the benefit there is it is then not a wage cost, but deferred stock, so accounting purposes.
Also calls AMZN stock buy back pathetic. But then walked that back saying they should be using that $ in better ways, ie M&A, anyhow.
I'm watching and will be buying more soon. Same with GOOGL. Let's see how things go with the inflation report and next week's rate increase.I think this 2900-3000ish area is resistance but we'll see.
52 week lows and earlier year retests the other day of AMZN among others that I mentioned to yesterday was a good trade. I still think they could drift lower over time though.I'm watching and will be buying more soon. Same with GOOGL. Let's see how things go with the inflation report and next week's rate increase.
A buy back can reduce dilution of options exercised by employees.Back to the point about the $10B buyback, and the potential for stock dispersements to employee's, are they related? Ie buy the stock to give to employee's as opposed to issuing new stocks?
But in this case they tie in the classes.Seems like a risky business model to me but I guess they'll see with their tests. Personally, I hate paying monthly fees for things that I think can be bought.
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Peloton tests new pricing model, hires supply chain chief under CEO Barry McCarthy
Peloton's new CEO Barry McCarthy has only been at the helm of the connected fitness company for about a month, and he's already shaking things up.www.cnbc.com
If you quit you pay a delivery fee to return the bike. I know they have a loyal base but to get new customers this doesn't promote "stickyness" IMO. If you plunk down a bunch of money I think it's more likely you'll give a good effort to use it, maybe subscribe to classes etc...If it's something you can get out of and prevent from being a clothing rack then you probably will unless that return delivery fee is prohibitive but I doubt the bar would be high enough. On one side it lowers the price point of entry so maybe some will give it a shot but on the other it reduces the "stickyness." I think the latter will outweigh the former but I guess their pilot program will find out.But in this case they tie in the classes.
Is there $$ down to buy the equipment? And what if you want to quit your sub?
Just to continue the non stock conversation.If you quit you pay a delivery fee to return the bike. I know they have a loyal base but to get new customers this doesn't promote "stickyness" IMO. If you plunk down a bunch of money I think it's more likely you'll give a good effort to use it, maybe subscribe to classes etc...If it's something you can get out of and prevent from being a clothing rack then you probably will unless that return delivery fee is prohibitive but I doubt the bar would be high enough. On one side it lowers the price point of entry so maybe some will give it a shot but on the other it reduces the "stickyness." I think the latter will outweigh the former but I guess their pilot program will find out.
I hated paying fees from cable boxes and I would have much rather just bought them and be done with it (that's what I did with my former router when I had the chance). Now I'm on YouTube and paid a one time cost for whatever streaming device and that's it. No monthly equipment fee. I like that.
Mind you this isn't a stock for me, I just bring it up as conversation and I know it's been a stock mentioned here before.
60-100 bucks a month is the subscription price and personally I don't consider that cheap. I'd rather just buy the product and be done with it especially at those prices.Just to continue the non stock conversation.
If Pelaton had an Oracle like headset version Id be interested.
I also find the sub version interesting as I just would not lay down a couple grand for an excercise bike. The sub would have to be cheap though. I'm currently paying $10 a month at planet fitness, the excercise bar has been set super low.
Regardless of world events, the EU gotta EU. :)As if things can't get stranger, EU Parliament votes to sanction Poland and Hungary over Rule of Law dispute
It’s one of the semis I prefer but down 7% today. Like I’ve said before no matter how “cheap” something gets by whatever metric you want to use it can always get “cheaper” if sentiment is bad and other factors are out there as well.Man MU back to $77. I know all the semi's are down, but some of those are expensive. MU is dirt cheap.
You can get 5% cheaper today.I considered jumping in, but couldn’t do it since there is one stock in the ARKK fund that has yet to fully reprice.
How much of their sales come from China?NKE and AAPL too
20% for NKEHow much of their sales come from China?
I think it’s almost 50% for Tesla.20% for NKE
25% for AAPL
Yes, but it’s all relative right.If China attacks Taiwan, shouldn't we short almost everything?
Not to mention supply chain issues as well. But I agree with above if China ever did something everything would go down. They're a much bigger cog in the world economy than Russia.20% for NKE
25% for AAPL
^^^^^ - to summarize, TA is completely useless. :)It’s one of the semis I prefer but down 7% today. Like I’ve said before no matter how “cheap” something gets by whatever metric you want to use it can always get “cheaper” if sentiment is bad and other factors are out there as well.
Been slowly building positions in TQQQ and UPRO over the past few weeks.TQQQ time?
Hard to believe China still lets citizens wear Nike and use Apple phones.20% for NKE
25% for AAPL
What's the news on China?Days like this remind me why I sold all of my China stocks last year.
Haha....from our resident Jack Bouroudgian (not sure you'd know who that is...permabull that use to come on CNBC frequently, if not daily many years back). Only time I ever saw him give up the ghost was in the crash after it went way down lol.^^^^^ - to summarize, TA is completely useless. :)