OT: Stock and Investment Talk

[RU-05]

On the bottom of my board, looks like CMG came up a little short on rev's, though EPS beat slightly.

Down 3.8% in early trading.

Though as I was reminded yesterday sometimes pre market can be deceiving as I had AGYS up nicely in early market(and late market on Monday eve) before tanking when the market officially opened.

So we shall see how the day plays out.

 

[T2Kplus20]

On the bottom of my board, looks like CMG came up a little short on rev's, though EPS beat slightly.

Down 3.8% in early trading.

Though as I was reminded yesterday sometimes pre market can be deceiving as I had AGYS up nicely in early market(and late market on Monday eve) before tanking when the market officially opened.

So we shall see how the day plays out.

Been hoping for a CMG dip for a while. Need to look at the report and watch the CNBC interviews with the new CEO. I think it's still a buy.

 

[RU-05]

SMCI down 30%. I think the big news is E&Y resigned as their accounting firm (Edit* Auditor). Which in addition to that whole fraud thing from a couple months ago, has dumped the stock even further.

Looks like they are reporting this afternoon?

 

[T2Kplus20]

SMCI down 30%. I think the big news is E&Y resigned as their accounting firm. Which in addition to that whole fraud thing from a couple months ago, has dumped the stock even further.

Looks like they are reporting this afternoon?

Buy the dip? :)
Probably better to see this report first.

Still eyeing BA and NKE for "picking up the trash" plays. Those 2 companies are going nowhere.

 

[RU-05]

Reddit ripping.

 

[RU-05]

Buy the dip? :)
Probably better to see this report first.

Still eyeing BA and NKE for "picking up the trash" plays. Those 2 companies are going nowhere.

EY resigning makes me think shorting the stock is the better call.

 

[rutgersguy1]

LLY finally hit a wall on the weight loss drugs.

https://www.cnbc.com/2024/10/30/eli-lilly-lly-earnings-q3-2024.html

 

[T2Kplus20]

Reddit ripping.

Missed that one, but now up 30% on SNAP. SOFI looking better today.

 

[T2Kplus20]

LLY finally hit a wall on the weight loss drugs.

https://www.cnbc.com/2024/10/30/eli-lilly-lly-earnings-q3-2024.html

Ran out of fat people in the country? I don't think so, but maybe increased competition? Need to look at the report. Sounds more like a supply issue than demand.

 

[RU-05]

LLY down 13%. Now that looks like a buying opportunity.

 

[T2Kplus20]

LLY down 13%. Now that looks like a buying opportunity.

Big buy if this is mostly a supply issue (quick glance this looks to be the case). Gotta go to the office today, so I will have to research it tonight.

 

[RU-05]

Missed that one, but now up 30% on SNAP. SOFI looking better today.

Rev's were jumping from 2019 to 2022. Then went flat yoy into 2023. Now looking at solid double digit/low teens growth.
Currently fairly cheap on that metric at around 4x.

already FCF positive, EPS still cloudy.

 

[RU-05]

Big buy if this is mostly a supply issue (quick glance this looks to be the case). Gotta go to the office today, so I will have to research it tonight.

Bring back the sweet sweet insider info.

 

[T2Kplus20]

Bring back the sweet sweet insider info.

Small cap biotech isn't for the faint of heart, but damn you can hit some grand slams if right! I should give an update on my plays soon. :)

 

[Chris95]

Big buy if this is mostly a supply issue (quick glance this looks to be the case). Gotta go to the office today, so I will have to research it tonight.

Looks like Lilly was hit with the cheaper off-market GLP-1 med competition. Once they can make enough, the competition has to stop selling. Novo in the same boat with Ozempic/Wegovy. Could be a buy at this price point. P/E still high, but lowest since August. Thoughts?

 

[RU-05]

SOFI looking better today.

Making up for most of their losses from yesterday, getting them back near their 52 week highs.

I'm also seeing VLY and the former NYCB, now known as FLG, up. I think rates are down, so that is probably involved in SOFI being up, but I think most of yesterdays downward move was profit taking.

Just looking at Sofi's headline earnings, EPS now above water for 4 straight qtr's, FCF below water for the qtr(interested as to the "why?" here), but Rev's with a big bump yoy. 25ish%.

So kind of pricey at a big up 2x price to book, but with that growth it's probably justified.

 

[rurahrah000]

Buy the dip? :)
Probably better to see this report first.

Still eyeing BA and NKE for "picking up the trash" plays. Those 2 companies are going nowhere.

You have been a vocal critic of short selling. I think you need to recognize the importance of short selling. It was the Hindenburg report that triggered all these events. Short selling although may seem malicious has a very important role to play in market balance.

 

[T2Kplus20]

You have been a vocal critic of short selling. I think you need to recognize the importance of short selling. It was the Hindenburg report that triggered all these events. Short selling although may seem malicious has a very important role to play in market balance.

I would be more supported of such reports if the organizations didn't have incentive to publicly trash a stock for financial gain. Absolutely no different than pump and dump schemes. Hindenburg has a long history of mixed results (to be polite). However, they may be right in this case. Let's see the earnings report.

 

[rurahrah000]

I would be more supported of such reports if the organizations didn't have incentive to publicly trash a stock for financial gain. Absolutely no different than pump and dump schemes. Hindenburg has a long history of mixed results (to be polite). However, they may be right in this case. Let's see the earnings report.

No one does anything in Wall Street unless there is an opportunity to make money. That is capitalism. If I do research and investigate a company for wrongdoing and I find something, why shouldn’t I be given the chance to make money off it? I don’t work for the government!!!

 

[T2Kplus20]

No one does anything in Wall Street unless there is an opportunity to make money. That is capitalism. If I do research and investigate a company for wrongdoing and I find something, why shouldn’t I be given the chance to make money off it? I don’t work for the government!!!

With all the doom and gloom on SMCI.....buy Nov 8 calls that the earnings report beats expectations? :)

 

[RU-05]

With all the doom and gloom on SMCI.....buy Nov 8 calls that the earnings report beats expectations? :)

Will anyone believe the earnings report?

 

[RU-05]

Amzn getting into the self driving taxi game through their subsidiary Zoox. San Fran and Las Vegas to start.

 

[T2Kplus20]

Will anyone believe the earnings report?

You just had to bring the common sense and logic and ruin the party! :)

 

[Rutgers Chris]

Amzn getting into the self driving taxi game through their subsidiary Zoox. San Fran and Las Vegas to start.

Saw the concept vehicle on display in San Francisco a few weeks ago. Very interesting to say the least.

 

[T2Kplus20]

Looks like Lilly was hit with the cheaper off-market GLP-1 med competition. Once they can make enough, the competition has to stop selling. Novo in the same boat with Ozempic/Wegovy. Could be a buy at this price point. P/E still high, but lowest since August. Thoughts?

Interesting follow-up on Lilly:

https://www.cnbc.com/2024/10/30/why-sales-of-eli-lillys-zepbound-and-mounjaro-fell-short.html

 

[T2Kplus20]

Double beats for both MSFT and META. Microsoft's cloud business is booming! MSFT guidance during the call.

 

[Postman_1]

Double beats for both MSFT and META. Microsoft's cloud business is booming! MSFT guidance during the call.

MSFT down over 3.5% gotta buy that dip IMO.

SMCI down big also? One of there auditors quit. Was something shady going on?

 

[T2Kplus20]

MSFT down over 3.5% gotta buy that dip IMO.

SMCI down big also? One of there auditors quit. Was something shady going on?

Gotta take advantage of stupid people! MSFT will probably finish tomorrow up.

 

[RU-05]

MSFT down over 3.5% gotta buy that dip IMO.

SMCI down big also? One of there auditors quit. Was something shady going on?

Sounds like it. There was a short report a month or so ago.

And the auditor bailing is affirmation of that report. Terrible sign.

 

[T2Kplus20]

About META:

 

[rutgersdave]

Gotta take advantage of stupid people! MSFT will probably finish tomorrow up.

I sold most of my MSFT and META, only the IRA, non taxable accounts, before earnings but then just brought some this morning. 70-80% of the time stocks go down after earnings. Will buy back both as they go down further.

 

[T2Kplus20]

I sold most of my MSFT and META, only the IRA, non taxable accounts, before earnings but then just brought some this morning. 70-80% of the time stocks go down after earnings. Will buy back both as they go down further.

One or both may finish up today.

 

[RU-05]

I sold most of my MSFT and META, only the IRA, non taxable accounts, before earnings but then just brought some this morning. 70-80% of the time stocks go down after earnings. Will buy back both as they go down further.

100% not true.

 

[rutgersdave]

100% not true.

What’s the % then?

 

[T2Kplus20]

100% not true.

Tom Lee covered this in a recent video. So far 75% of companies are beating (earnings) and about 75% of these stocks move higher the next day. Something like that. However, this varies from quarter to quarter.

 

[RU-05]

What’s the % then?

Tom Lee covered this in a recent video. So far 75% of companies are beating (earnings) and about 75% of these stocks move higher the next day. Something like that. However, this varies from quarter to quarter.

I can't find a market wide %.

But Market Chameleon will give you a stock by stock post earnings performance for the last 12 qtrs.

UBER(which is down a bunch this morning on earnings) was higher in 8 of the last 12.

NVDA higher 8 of 12.

AAPLE higher 8 of 12.

AMZN higher 6-12.

MSFT 6-12.

META 6-12.

TSLA higher 7-12.

GOOGLE higher 7-12.

 

[T2Kplus20]

I can't find a market wide %.

But Market Chameleon will give you a stock by stock post earnings performance for the last 12 qtrs.

UBER(which is down a bunch this morning on earnings) was higher in 8 of the last 12.

NVDA higher 8 of 12.

AAPLE higher 8 of 12.

AMZN higher 6-12.

MSFT 6-12.

META 6-12.

TSLA higher 7-12.

GOOGLE higher 7-12.

Outstanding quarter for UBER this morning! 20% growth and trucking forward. Great leadership at that company.

 

[T2Kplus20]

Comcast trying to dump linear cable:

https://www.cnbc.com/2024/10/31/comcast-is-exploring-separation-of-cable-business.html

 

[RU-05]

Outstanding quarter for UBER this morning! 20% growth and trucking forward. Great leadership at that company.

Down a bunch, but still at a decent level.

A slight miss on bookings seems to be what the market is focused on?

 

[RU-05]

Comcast trying to dump linear cable:

https://www.cnbc.com/2024/10/31/comcast-is-exploring-separation-of-cable-business.html

I assume that is a large chunk of their business.