OT: Stock and Investment Talk
- Thread starter RU-05
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Great discussion on what’s wrong with Snap starting at 20:46…Wonderful quarter for Chipotle! Typical quarter for SNAP. Ug, should have thought about puts for SNAP. LOL!
Chipotle earnings crush estimates as restaurant traffic grows 7.4%
Chipotle blew past earnings estimates and topped revenue expectations as it said traffic grew 7.4%.www.cnbc.com
Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates 'headwind'
Snap reported weaker-than-expected sales for the fourth quarter and issued a forecast that came in a bit light of Wall Street's expectations.
Cool, I will check it out!
Nice to see our SOL rallying a bit. :)
Trying to add when appropriate. Any thoughts on LINK?
But does the economy not effect inflation? And wouldn’t there be a risk of reigniting inflation if the fed cut rates in a strong economy?
I know it’s a when question and not an if question, but given the economy, I think there is still room to wait.
That said I think this is all bullish. A strong economy with inflation going down and plenty of room for the fed to cut if needed? That sounds like there is plenty of runway.
No thoughts on it. Staying focused on $sol and its ecosystem coins. Profits there rotated back to $btc.
We don't have a strong economy. It's a credit driven event right now. China will export deflation hugely
And productivity is already rebounding which will be supercharged by AI. That will suppress inflation even further.
Other than SOL, bought some STX in my COIN account (which is a nice BTC network play).
WTF is going on with ARM? It spiked 35% on no news, but my puts weren't crushed? It looks like they went up. Both things don't make sense. LOL!
WOLF getting support after recent lows ($25.03), trading at $30.36 just now.
Vol up to 150%. Not sure what it was before. I need to learn more about it. I know what Vol is, but obviously unsure how it impacts price at certain times.
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I guess I may be waiting a while for IWM to dip below $190. LOL! Still want to add those calls to my small cap plays.
Final tally for ARM today:
Up 29%
My puts up 1%
WTF?
@rurahrah000 - Any ideas on this? Doesn't seem to make sense.
I sold my SMCI near the highs of the day. Hopefully it's the high's of a longer time period, and I will be able to get back in at a later date.
If NVDA reports big earnings, but still sells off, taking SMCI with it, I'll look to get back in then.
I added to COMP and Z.
Started a position in NHS and it's 13% div paid monthly. Ex Dividend date is the 14th, so that starts paying off immediately.
Been looking at EXPE which sold off hard after earnings, but has recovered a bit since.
If NVDA reports big earnings, but still sells off, taking SMCI with it, I'll look to get back in then.
I added to COMP and Z.
Started a position in NHS and it's 13% div paid monthly. Ex Dividend date is the 14th, so that starts paying off immediately.
Been looking at EXPE which sold off hard after earnings, but has recovered a bit since.
Look up Black-Scholes formula to understand what moves the price of options. It is all math.
In short, you are seeing an uptick because you likely have a longer term put option so time is not a big factor (yet), but volatility is helping you.
Got it, thanks! I researched Black-Scholes a lot in the past, but only with regards to company stock options and equity plans.
Vol definitely spiked up today.
Even for a crazy tech bull like me, I'm getting nervous with the run up in a few subsectors, like semis. May need to trim a few of my growth/tech funds and etfs.
Odd part is SMCI isn't even that expensive. Less then 5x Rev's. ARM by comparison is 40x revs.
Which had me a little torn. But the run up is just too crazy.
Good point on SMCI (and NVDA). Revenue is skyrocketing for these companies. ARM, not so much. Regardless, I did trim SMCI by 25% last week. That move was crypto altcoin crazy! Set your goal and stick to it.
Well, yes and no. In the data they use, rents are up….. but in reality they are not up.
Exactly. Rents turned deflationary a while ago. Only in the theoretical world of CPI math are rent prices up. LOL!
So the 6 month lag in rental data is now lasting 12 months. You’ve been complaining for a year and saying any month now the reality will be reflected in the data.
YoY rents up 6%. In the last reading.
Cramer says all the new immigrants are driving up rents
6 months? Hell no. 12-15 month lag based on the data. We are about at the year mark now.
I believe you said that the YOY Housing CPI would be negative by now? Or was it the next print?
Yeah I heard that too. A bit of a hot take. They certainly dont help with the housing supply issues.
@RU-05,@T2K,@RUAldo and any other MULN holders:
- Mullen Automotive Inc. delivered 231 vehicles in the three months ended Dec. 31, 2023, marking a significant improvement from previous periods.
- The company's net loss attributable to common stockholders decreased from $376.9 million in the three months ended Dec. 31, 2022, to $61.4 million in the three months ended Dec. 31, 2023.
- Mullen obtained CARB, federal EPA, and NHTSA certifications for its Class 1 and Class 3 vehicles, enhancing its market presence and sales potential.
- The company submitted a pre-application to the U.S. Department of Energy's ATVM Loan Program to support its expansion into domestic battery material processing and manufacturing.
- Mullen opened a battery module and pack development facility in Fullerton, California, focusing on scaling U.S.-made EV battery production and reducing reliance on foreign components.
- The solid-state polymer battery pack integration for the Mullen ONE EV cargo van is expected to increase range to over 190 miles, representing a significant improvement over current industry standards.
- The company's financial results for the three months ended Dec. 31, 2023, show a notable decrease in net loss and improved revenue recognition practices.
- Mullen Automotive Inc. maintained a relatively stable total stockholders' equity of $271.8 million for Dec. 31, 2023, compared to $272.8 million for Sept. 30, 2023.
- The company's balance sheet reflects a total cash amount of $88.9 million at Dec. 31, 2023, with a working capital of $47.1 million, indicating a strong financial position.
- Mullen Automotive Inc. expects to close a $32 million loan in February 2024 to increase usable capital for vehicle production, further supporting its growth initiatives.
How would you fix it? Ask a bunch of randos how much their grocery bills went up and average those?
