StreetsofBeige
Gold Member
In the toilet past 2-3 weeks.
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
Noticing this whole China Evergrande thing coming across my timeline today and even saw it pop up in a group text I share with some guys from work.
Is this something to keep an eye on or is it going to be more isolated to the Asian markets?
Is this something to keep an eye on or is it going to be more isolated to the Asian markets?
HoodWinked
Member
Hopefully this shit rebounds
GHG
Member
Went shopping and sold a bunch of puts on stocks that I want. If I get assigned I get assigned, if not then I'll have a nice payday on the 15th October.
The impact will be global. There's not much that can happen that doesn't have wide reaching implications anymore.
The impact will be global. There's not much that can happen that doesn't have wide reaching implications anymore.
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Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
GHG
Member
The word going around at the moment is no but I don't think China can just sit on their hands when real estate makes up ~25% of their economy and Evergrande is the biggest player by some margin.
jadedm17
Member
It always does.... eventually....
Personally I'd love it to stay this way a few weeks while I get some cash. Long term baby, all I care is where my stocks are at in 5, 10 or 20 years.
GHG
Member
It always does.... eventually....
Personally I'd love it to stay this way a few weeks while I get some cash. Long term baby, all I care is where my stocks are at in 5, 10 or 20 years.
TBH with the market as inflated as it is at the moment it would be wise to keep ~20-25% in cash for when the drops do come.
Just IMO of course.
Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
godhandiscen
There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
No. Evergrande owes $300 billion, a large portion to international hedge funds and banks. If CCP bails them out it would take a few dozen billions before they see any benefit to Chinese society out of this rescue.
The only reason why I see the CCP bailing them out would be to restore investor confidence, but I think that China is willing to take the hit and let investors learn from their loses.
HoodWinked
Member
I'd imagine China prolly sentence the people in charge to death, then take the properties and complete building for the viable ones. Investors and foreign institutions will get fucked.
But China knows just like the movie industry no matter how much you fuck them over they'll come crawling back thinking that China will share. Look at the Disney, NBA, and Nike boot licking.
But China knows just like the movie industry no matter how much you fuck them over they'll come crawling back thinking that China will share. Look at the Disney, NBA, and Nike boot licking.
Taxexemption
Member
I have no idea what is going to happen with Evergrande, but I find this kind of stuff exciting. I don't have a bunch of cash on the sidelines, so if things start going up in a week or two nothing will change for me. My instinct is that this is big. I'm down about 1.5% on my portfolio today, literally everything I own lost value today. Every single stock and etf, even if it didn't go down much it still went down. My marijuana related stocks and etfs are down more than everything else for the year, so come next payday I'll be putting a little extra there. That is a long term speculative play for me, as I've said before I assume that a lot of money will go into these stocks when marijuana becomes legal, and I expect that to happen in the next few years. If I'm wrong, this could be a huge money pit.
Fools idol
Banned
Added to my already large positions in Palantir and Cloudflare yesterdays crash. Lovely stuff. Fear x Greed.
Ellery
Member
Was that considered a crash?
Fools idol
Banned
Imho the crash is just beginning. Market is extremely over extended, I have been keeping cash on the side-lines for 3 months now. -10% in some stocks I like is a good time to buy a bit, heh
GHG
Member
PLTR didn't "crash" yesterday, you've bought on the higher end of the scale (near resistance).
I'd say if you weren't tempted by yesterday's prices then you shouldn't be buying today, most things are up from yesterday at the moment.
Nothings really changed with the China/FED situation so I wouldn't take the fact that we are slightly green today as a signal for anything.
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Fools idol
Banned
Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
GHG
Member
Yep there's a payment deadline for them on Thursday I believe? If they can't even make that payment then it will spell trouble.
My advice would be to be patient, look at your charts and try to only buy at or just under support rather than buy during periods of euphoria (when things are running up to resistance).
Things can come down faster than you think. Anything under 20 is good for PLTR based on where they are IMO. No rush, many more twists and come for both the stock market and them as a company.
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hangdang69
Member
Was doing great the last couple weeks making smaller options plays. Mainly riding RBLX up and down between $80 and $90, buying any selling calls and puts on the way up or down. Wiped out all of my progress in the last few trading days lol.
Grabbed some NVDA calls for cheap today hoping for a rebound and to get myself back in the green
Grabbed some NVDA calls for cheap today hoping for a rebound and to get myself back in the green
Fools idol
Banned
interesting late day tank of 4.5% or so on Disney because of lower than expected subs growth for Disney+. It's taken a bit of a beating recently overall compared to peers.
Certainly far too low risk for my tastes but may be ideal for anyone here who wants stable slow burn growth and a bit of a dividend.. Once the covid situation is ancient history and parks are at full capacity again this will be going great.
Certainly far too low risk for my tastes but may be ideal for anyone here who wants stable slow burn growth and a bit of a dividend.. Once the covid situation is ancient history and parks are at full capacity again this will be going great.
GHG
Member
They suspended the dividend in favour of reinvesting the money to grow Disney+ for a while. Have alerts set up to notify me if it crosses 168 since that's where I'd like to enter. Might happen as soon as tomorrow if the market continues to be take a beating.
For what it's worth I'd say it's anything but low risk at the moment given it's current valuation and the fact that it's been traded like a growth stock since Disney+ entered the equation. No way is it anywhere near "set and forget" levels. I'm seeing it as a more risky potential swing trade considering the overall market conditions at the moment.
godhandiscen
There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
Thumbs up for Cloudflare.
However, I still don’t see value in Palantir. It is just a data company with some good government contracts. Also, it is mostly being held by retails investors, traders without an edge in the game.
The Ownership Structure of Palantir Technologies (NYSE:PLTR) is a Double Edged Sword for the Stock
Palantir Technologies Inc. (NYSE:PLTR) has become a market favorite amongst retail investors, while institutional investors remain more cautious. This could lead to some big price moves if either group is proved right or wrong on the company.
finance.yahoo.com
GHG
Member
Thumbs up for Cloudflare.
However, I still don’t see value in Palantir. It is just a data company with some good government contracts. Also, it is mostly being held by retails investors, traders without an edge in the game.
The Ownership Structure of Palantir Technologies (NYSE:PLTR) is a Double Edged Sword for the Stock
Palantir Technologies Inc. (NYSE:PLTR) has become a market favorite amongst retail investors, while institutional investors remain more cautious. This could lead to some big price moves if either group is proved right or wrong on the company.
PLTR is essentially a meme stock at this point. I cant say it doesn't make me raise an eyebrow when I see how heavily it's been pushed by youtubers and people on social media on the last year or so.
Taxexemption
Member
Anyone in PLTR should read their 10k. It's the strangest one I've ever read. It's in my top 5 of stocks I would do a youtube video on if I started a channel about stocks. This is something I kind of want to do, but I probably won't. I think my job would become complicated if I became a youtube personality. I may do it in the future, but that would likely be years away.
I'm genuinely unsure if I understand their financials. The section on stock based compensation had me questioning very basic assumptions I would make when looking at financials. I occasionally look at 10Ks for interesting information, or to just try to understand what a company I'm aware of actually does. This easily makes my top 5 most interesting 10Ks, it would probably be somewhere after CRON and MTCH.
KingdomHeartsFan
Member
Used today as an opportunity to take some profits, all the positions I have left are longs.
Fools idol
Banned
here is an interesting one.
Trading at a long term support level after a big selloff - a company that we all know and love to hate
Activision Blizzard. May scoop up some shares now the selling seems to be subsiding and were at a technical support level.
Trading at a long term support level after a big selloff - a company that we all know and love to hate
Activision Blizzard. May scoop up some shares now the selling seems to be subsiding and were at a technical support level.
FactoryOfDeception
Neo Member
UPST just don't stop. First buy was in June and I just keep buying as it keeps running. Now my largest individual stock. I also like CRWD, ASAN, TEAM, SE, LSPD, DDOG, MNDY. Not financial advice.
StreetsofBeige
Gold Member
Finally. First big day in probably 3 weeks. +5% alone today.
Need one more of these spikes to get back to ATH.
Need one more of these spikes to get back to ATH.
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zeorhymer
Member
That is an interesting pattern. Probably scoop up a few shares and see where it'll take me. Only thing is, I don't see anything in the pipeline except CoD in the near future and anything with the Blizzard name seems to be Taboo. Unless D2 Remake surprises people with sales, then I dunno.here is an interesting one.
Trading at a long term support level after a big selloff - a company that we all know and love to hate
Activision Blizzard. May scoop up some shares now the selling seems to be subsiding and were at a technical support level.
Elpidio Valdés
Member
I was coming to ramble about Activision Blizzard but
Fools idol
beat me by a day. My trading friends were talking about it today. The stock is on a very strong support on the weekly and daily chart. Plus Call of Duty is around the corner. It's a good one to buy even with all the investigations.
Fools idol
beat me by a day. My trading friends were talking about it today. The stock is on a very strong support on the weekly and daily chart. Plus Call of Duty is around the corner. It's a good one to buy even with all the investigations.
BennyBlanco
aka IMurRIVAL69
Affirm has been treating me well
HoodWinked
Member
zeorhymer
Member
Oil is always cyclical. I've noticed the rhythm of it. Highs during the summer and lows during the winters.
Taxexemption
Member
Does anyone know a good place to download historical data for insider transactions in excel?
Edit: Apparently Insider screener is not a bad place, but I haven't figured out how to download that data into excel in a way where I can easily work with it.
Edit: Apparently Insider screener is not a bad place, but I haven't figured out how to download that data into excel in a way where I can easily work with it.
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godhandiscen
There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
Cloudflare sinks >7% on the day it announces an AWS S3 competitor that does away with egress costs (you can unload your data for free).
I could save my full time employer $5 million/yr if I convinced them to move to Cloudflare for CDN, currently holding that discussion. All of the startups I advice are already on Cloudflare though.
Often, I feel that Wall Street whales really don’t grasp tech at all, or their advisors are too slow to react; probably some “has been” engineer that couldn’t cut it as a maker and switched to hedge fund advisor. Or maybe the algos fucked up, I don’t know. It just seems irrational to me that a company that is building the next AWS is so undervalued.
Anyway, I increased my NET position.
I could save my full time employer $5 million/yr if I convinced them to move to Cloudflare for CDN, currently holding that discussion. All of the startups I advice are already on Cloudflare though.
Often, I feel that Wall Street whales really don’t grasp tech at all, or their advisors are too slow to react; probably some “has been” engineer that couldn’t cut it as a maker and switched to hedge fund advisor. Or maybe the algos fucked up, I don’t know. It just seems irrational to me that a company that is building the next AWS is so undervalued.
Anyway, I increased my NET position.
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GHG
Member
You need to look at what you're basing your valuation off. At it's current valuation a lot of future growth is already priced in. That combined with the fact that it's had an unsustainably big run up in the last few months means that people will take profit here and look to re-enter when the stock price comes back down to earth.
I mean if you're comfortable buying at the current prices and think that they will be able to grow revenues and cash flow (over the next couple of years) to a point where it will be comfortably above the current valuation then go for it.
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BigBooper
Member
I ended up getting out at $60. Made a nice profit along with the dividends.
godhandiscen
There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
In that argument you are assuming that the growth has been priced accordingly, and that is where I disagree with the valuations.
The cloud computing market is a $370B/yr industry, which will hit near a Trillion/yr in 2025, and Cloudflare is the fastest growing player, acquiring logos like a madman. Sitting at a $35B valuation, and being the startup darling, Cloudflare has a lot of room, and thanks to their technology (strong patents), they are uniquely positioned to take on the major players like AWS, MSFT and Google*.
The product they announced today is revolutionary in the sense that it can save you a lot of money if you are in the content delivery space. Like I said, I work for a company that could save $5m/yr if we were to switch. I doubt we will switch soon because we have a long standing relationship with AWS, and pay for tons of services years in advance to achieve discounts, however, we will definitely evaluate this idea in the future. A company that I know uses Cloudflare is Discord; they swear by it, and I bet that now they’ll get more bullish on their stack choice. I am often jelly of those guys.
*I like GCP, but not many enterprises want to do business with them since they deprecate services too often. I am bearish on their cloud offering.
HoodWinked
Member
EA recovered from their lows pretty damn fast
Cyberpunkd
Member
dem
Member
Took a bit of profit on cenovus today. 50% in a bit over half a year.. I'll take it.
Ride out the rest a bit longer.
BABA is a bit of a scary situation... but hopefully it blows over.
I want to average down a bit... but I'm wary of position growing too large. I'll wait it out a bit longer.
Ride out the rest a bit longer.
BABA is a bit of a scary situation... but hopefully it blows over.
I want to average down a bit... but I'm wary of position growing too large. I'll wait it out a bit longer.
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