OT: Stock and Investment Talk

[ScarletNut]

@RU-05
Looks like shorts were trying knock down DEFTF price with false info and the Canadian version of the SEC is looking into it.

Quicken.com

 

[RU-05]

@RU-05
Looks like shorts were trying knock down DEFTF price with false info and the Canadian version of the SEC is looking into it.

Quicken.com

Got out at $1.50. All and all, I was up, but traded this one very poorly by jumping back in.

 

[RU-05]

Grasso dropping some short term bullishness.

The first 15 days of July are the best 2 weeks for the market going back to 1928.

The last time the Nasdaq was down in July was 2007.

 

[Postman_1]

I like this article

https://www.personalfinanceclub.com/how-to-perfectly-time-the-market/

 

[T2Kplus20]

Truth that many have a hard time processing:

 

[RUinPinehurst]

Harold Pollack's 3"x5" index card approach to investing would suit most folks: https://www.forbes.com/sites/zackfriedman/2017/03/09/9-money-rules-index-card/

 

[Knight Owl]

MSFT brushing up against 450. It is stonk.
Bitcoin is sad and not stonk.
Stonks are good and happy!

 

[RU-05]

MSFT brushing up against 450. It is stonk.
Bitcoin is sad and not stonk.
Stonks are good and happy!

Hanging on Reddit lately?

 

[Knight Owl]

Hanging on Reddit lately?

It’s always a hoot over there. I’m not on it enough.

 

[T2Kplus20]

It’s always a hoot over there. I’m not on it enough.

MSFT finished down a bit, but $500 is in its near-term future!

 

[RU-05]

Last 5 days Nasdaq down 1%. DJI up 2.5%. The Rut up approximately 1.7%.

 

[T2Kplus20]

Last 5 days Nasdaq down 1%. DJI up 2.5%. The Rut up approximately 1.7%.

Nice healthy rotation. Biotech popped the last 2 days, including my company. Yeah!

 

[RUDeac]

 

[Rutgers Chris]

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Up 40% after hours

 

[gmay8]

Up 40% after hours

yeehaw... my "alamo" buy of $8.50 looking good.

 

[T2Kplus20]

yeehaw... my "alamo" buy of $8.50 looking good.

Dammit! Missed out on those leap calls. But congrats to you holding onto RIVN.

 

[T2Kplus20]

View embedded media

I assume this means Polestar is bye bye.

 

[RU-05]

Up 40% after hours

60% at 7:11 pm.

Kind of want to sell some.

 

[T2Kplus20]

60% at 7:11 pm.

Kind of want to sell some.

Too late for today, but after hours rallies normally extend into the next day. I need to read the news on this. Maybe RIVN is still a buy with the extra funding?

 

[jtung230]

Think the R1S is a winner. A great product. Smart move by VW.

 

[rurahrah000]

Dammit! Missed out on those leap calls. But congrats to you holding onto RIVN.

I missed out on purchasing call options as well. I already own a lot of RIVN stock. I may sell some call options tomorrow.

 

[rurahrah000]

Think the R1S is a winner. A great product. Smart move by VW.

The new R3x will be the biggest winner especially if they can keep the price around $35-40k.

 

[gmay8]

Is RIVN the next Tesla going to $300? Or is it the next Fisker going bankrupt?

I might sell some tomorrow and keep like half to see where it goes.

 

[jtung230]

The new R3x will be the biggest winner especially if they can keep the price around $35-40k.

Looks like a Pacer to me. Like the R2 better

 

[T2Kplus20]

Is RIVN the next Tesla going to $300? Or is it the next Fisker going bankrupt?

I might sell some tomorrow and keep like half to see where it goes.

Good plan, take profit but keep some skin in the game.

 

[T2Kplus20]

I missed out on purchasing call options as well. I already own a lot of RIVN stock. I may sell some call options tomorrow.

Sadly, I almost bought calls yesterday, but decided to tweak some of my biotech holdings instead (and then the market closed). Oh well! :)

What are your thoughts on starting a new position? Wait for a pullback?

 

[RU-05]

Sadly, I almost bought calls yesterday, but decided to tweak some of my biotech holdings instead (and then the market closed). Oh well! :)

What are your thoughts on starting a new position? Wait for a pullback?

Was over $18.50 for a bit last night.

Got below $15 this morning.

I missed my chance to sell (I had an order in for $18.50 last night but it didn't hit) but if I had sold, I'd be buying back this morning.

 

[T2Kplus20]

Was over $18.50 for a bit last night.

Got below $15 this morning.

I missed my chance to sell (I had an order in for $18.50 last night but it didn't hit) but if I had sold, I'd be buying back this morning.

I see Dec 2026 calls are available. Small bet on RIVN becoming the next TSLA? :)

By the way, looks like the first $1B from Volkswagen will convert to RIVN shares in Dec. Is that dilution or already baked in?

 

[RU-05]

Death cross for oil yesterday.

 

[RU-05]

I see Dec 2026 calls are available. Small bet on RIVN becoming the next TSLA? :)

By the way, looks like the first $1B from Volkswagen will convert to RIVN shares in Dec. Is that dilution or already baked in?

I don't know the details, but if it is dilution, the market is gladly accepting it.

 

[RU-05]

Last 5 days Nasdaq down 1%. DJI up 2.5%. The Rut up approximately 1.7%.

Big reversal of this minitrend the last 2 days.

 

[RU-05]

GM's stock looks pretty good of late.

And a couple stories the last 2 days that are interesting.

1)They are dipping a toe into the idea of using their battery technology for military use.

2)A new ceo for their Cruise division.

 

[RU-05]

I see NKLA with a big reverse split.

 

[OntheBanks]

GM's stock looks pretty good of late.

And a couple stories the last 2 days that are interesting.

1)They are dipping a toe into the idea of using their battery technology for military use.

2)A new ceo for their Cruise division.

GM is in my SELL stock screener. Down 5% in last 10 days, declining RelStr and below 20D MA.

 

[T2Kplus20]

I see NKLA with a big reverse split.

They haven't gone bankrupt yet? That's one troubled company.

 

[Rutgers Chris]

I don't know the details, but if it is dilution, the market is gladly accepting it.

MarketWatch article speculates a lot of the bump is due to short interest. $1 billion is a quarter of burn for Rivian, it will be interesting to see how much impact this has and if this is an exclusive deal or if they can keep doing this. Seems like a good deal for VW to get access to their tech to use in their own vehicles

 

[RU-05]

MarketWatch article speculates a lot of the bump is due to short interest. $1 billion is a quarter of burn for Rivian, it will be interesting to see how much impact this has and if this is an exclusive deal or if they can keep doing this. Seems like a good deal for VW to get access to their tech to use in their own vehicles

It was the 1st qtr burn, but they were hoping to get fcf positive by the second half of this year. But even if they don't, they should be much better then a $1b burn.

But yes I did see talk about this being fueled by shorts getting out. But does that not suggest the shorts are wary of the stock price staying higher?

 

[RU-05]

GM is in my SELL stock screener. Down 5% in last 10 days, declining RelStr and below 20D MA.

Almost all of that was yesterday. Granted following up with another down day today. But it's up 30ish% ytd, and I think it cleared a significant hurdle at around $40. And another at around $45, which may provide some support. Still above the trend line off it's Nov lows as well.

In the midst of a $16b buy back. It's only a $53b market cap.

 

[Rutgers Chris]

But yes I did see talk about this being fueled by shorts getting out. But does that not suggest the shorts are wary of the stock price staying higher?

True. Likely some true wariness mixed with general profit taking/wait and see approach

 

[RU-05]

True. Likely some true wariness mixed with general profit taking/wait and see approach

I set my sale price last night at $18.50 when it was trading at $17.75. Obviously I should have brought that down a bit. Currently at $14.36.