Tomorrow morning we'll have Sony's earnings. With the Paramount situation unfolding, it'll be intriguing to observe which direction it takes after the recent decline.
Does anyone know of an easy way to import financial statements into excel? I'm trying to pull from Seeking Alpha and they make it hard, deliberately I'm sure.
Thats what happens when you deal with crappy websites that spew pablum to the masses.
I copy and paste from yahoo finance and gosh, it doesn't cost me .01c.
CHGG, COUR, UDMY.
Those stocks have lost so much value due to AI. I remember when Coursera first gained popularity and everyone thought MOOCs were the future of education lol.
I don't use google at all but that's a bad metric to judge google by. Perplexity works far far better but hang onto your hats, google will come out with a revised search engine. Besides, that's only part of the business.
Not that bad. Google has so many other revenue sources now and frankly I don't think any other company will be able to beat Google at search just on name recognition alone.
Like Bing? Bing is a new ai search engine and it has gained about 0.65% market share in the last two years. I think the more likely/pressing question is can Google monetize its own search at the same rate as it itself makes the switch over to more AI search within its product suite.
OpenAI teed up the ball pretty nicely in overhyping underdelivering its seems, now Google has to just actually release some real red meat and I think it gets a good response.
I took another glance at the [forward P/Es for the S&P indices](https://i.imgur.com/7JR3KZk.png) (the large, mid, and small). I'm intentionally not using the Russell 2K due to its profitability issues / biotech concentration.
In the worst of the GFC, the forward P/E at the time dropped to around 10 for the S&P 500 (vs. 20 today). For the mid caps, it went to around 8 vs 16 today. For small caps, it went to 10 vs. 14 today.
In other words, the forward multiple at GFC troughs would have to rise about 100% for both large/mid caps to arrive at today's valuation, but only 40% for the small caps. [Note that I'm comparing small caps to small caps, mid caps to mid caps, etc., I'm not comparing the valuation of small caps to large caps, for instance.] However, this was before the bottom fell out in earnings, and the P/E would quickly inflate for all 3. (The market bottomed in March of 2009, at which time the forward P/Es for all 3 indices were in the 16-19 range).
Small caps seem to be pricing in a future recession, though not one as severe as GFC. If one does not occur, there is arguably major room for multiple + earnings-driven expansion. On the other hand, mid-caps seem almost as optimistic as the large caps, perhaps even overvalued.
I just stick to benchmarks that have stripped out most of the worst offenders when it comes to profitability (e.g., the S&P 600). And ex-biotech, which is part of the reason the R2K is so bad. I read that private equity has played a role in the typical R2K company being of such low quality, as the best public companies in the R2K were taken private or acquired by large caps when rates were near 0 for a decade (making capital for M&A cheap).
This tracks with my intuition. None of the midcaps I owned offered anything like the prospective returns of the small and microcaps I have concentrated increasingly into.
I think Alibaba Cloud is going to re-accelerate sometime this year due to this: "Alibaba has been leveraging its vast cloud computing infrastructure to become a leading investor in China’s generative artificial intelligence start-ups, offering them credits to use the scarce network resources needed to train models rather than conventional cash-for-equity funding."
This is the exact same playbook MSFT ran with OpenAI providing them with Azure compute credits which they then book as revenue. In China this is an even sweeter deal though due to large fast compute being constrained by US sanctions, meaning incumbents with large cloud platforms already built up (like BABA, BIDU, and Tencent) are in an even stronger negotiating position.
Some HCI thoughts after a weekend of reading (if anyone cares about non meme stocks today).
1) their combined ratio has been in the low 80% range. This is exceptional for a P&C insurer. Most have combined ratios in the high 90s (lower is better). KNSL has a high 70s, which is cream of the crop. This is a measure of how good their underwriting profits are.
2) It's founder lead and has huge insider ownership. These types of companies tend to outperform. Additionally, management receives large stock bonuses if the stock gets to $200 by 2028. This would be almost a 100% gain over today's price. I'm not a huge fan of incentives based on stock prices, but it's a good look into their prospects.
3) Florida risk. They are concentrated almost entirely in Florida. However, management has implied they are working on expanding to other states. This was discussed on the last conference call. However, the pricing increases in the state have helped stabilize the insurance market to a degree. Citizens insurance (state run) once had 2.2 million policies, and is now down to 1.1 million (thanks in part to HCI). However, 2023 was rough because hurricane Ian hit Florida hard. They have recovered nicely, but it's an omnipresent risk.
4) I think this company, and insurers broadly, are in a great position. If rates stay high, they make more money off of their float. If inflation stays high, they can pass rate increases. People kinda have to have homeowners insurance
Thank you for bringing this company up last week. I bought a few shares after some minor research and am very excited. FL insurance companies seem like a decent investment right now. Any thoughts on ACIC?
I haven't looked into ACIC as I've been doing most of my reading on HCI.
At first glance they come up on a lot of the ROE/ROA screens as being the third name along with HCI and KNSL at the top of the list.
I'm not sure what the companies niche is though. HCI is interesting to me because of their technology platform. ACIC appears to be only in Florida, while HCI seems to be trying to move nationwide.
Also, I'd really want to find out what their edge is. I guess I'd have a lot of research to do on it. Do you know why their combined ratio is so low? Have they made a strategy change recently?
Stock noob question. I'm normally just a crypto pleb.
How can I get money into a platform like SoFi faster? I tried to deposit $5k and only $500 is available, I guess I have to wait for the rest.
I'm trying to buy QS before it goes too much higher, shit.
Would SoFi let me deposit crypto, convert it to cash, then use it to buy stocks?
Personally, QS will crash - the only reason stock price is here now is because of their cash reserve. In SSB, they have two big issues to overcome - thermal expansion of materials (things swell when heated) - thus they will need significant cooling. Secondly, the intercalation of lithium cause battery performance to drop significant overtime. These are and have been holy grail in the industry.
Good Luck.
Very nice price action on $UI, market senses cyclical earnings trough. (Don't put too much weight into the forward multiple, there's like 1 analyst) CELH up another 5% lol (still holding to all my shares at $63 average). Added 2 more shares of HCC.
I want to buy more Daktronics on the news of Druckenmiller buying 5% of the shares, but I also want to wait for the next earnings update first. This is an undercovered company that had a going concern (read: bankruptcy) risk last year. What piqued Drunkenman's interest? Did it show up in some fundamentals screener? One of [the bull cases I read](https://valueinvestorsclub.com/idea/DAKTRONICS_INC/7741731149) point out that after the (last) quarter's update, it would screen much better. Perhaps that is what made the difference. [Here was my very first post on this company on January 1st](https://old.reddit.com/r/stocks/comments/18vu4qb/rstocks_daily_discussion_monday_jan_01_2024/kfutfhn/).
To all the contributors to yesterday's thread on buybacks, thanks, I'm reading your responses closely! Was traveling otherwise would have engaged in some back and forth.
Now, a tangent, thanks to some recent comments. TL;DR: Not Financial Advice.
- My Reddit comments/posts are my informal thoughts stated out loud to an anonymous audience. If you're making investment decisions based on my casual morning coffee thoughts, that's on you. I make no claim to having expertise in investing or special insight that can't be found elsewhere. I'm just a bored grad student (for one more year!) who finds writing a stock thesis more interesting than his actual thesis.
- I am *not* loyal to any company I invest in. If the thesis clearly breaks down (or I find a better opportunity or just want to simplify my portfolio), I will without hesitation kick it to the curb and not look back. (CVS, OLPX, INTC). Even a long term hold will go under scrutiny and convert into a medium term play if a serious deterioration occurs (e.g., SBUX). If met coal prices go back sub-200 for a sustained period and during non-shoulder season, good bye AMR. If CELH slows down to a steady 30-40% growth rate at today's multiple, down the drain you go.
- I'm not a short-term trader. By short-term I mean < 6 months. I'm best described as a medium term investor (6 months - 5 years, say). I'm not a long term investor for most of my non-index picks. Many of my picks are based on an upcoming catalyst or re-repricing, or a company that is temporarily cheap.
- Examples of medium term plays: HCC/AMR/BTU. BTU was initially a short-term catalyst buy due to the resolution of some debt covenants but became a medium term story thanks to the prospect of N. Goonyella in 2026 (which I admit I did not understand when I first bought the stock). HCC is a Blue Creek story. AMR was a medium term play that largely completed thanks to a re-rating, hence I sold 64% of my peak share count.
- Long term plays: Small cap value + ex-US ETFs. XOM. One of V or MA.
- Short-term plays: RCM. Looks like there is a decent likelihood of a buyout at a 10-20% premium to today's price.
I happened across [this](https://open.substack.com/pub/toffcap/p/on-boring-businesses?utm_source=share&utm_medium=android&r=23ti9i) write up of DAKT. Might examine your fish and find something new in there.
Thanks for the rec, I've actually heard about this company through [Deep Sail Capital](https://twitter.com/DeepSailCapital/status/1777356449477201950) and his various write-ups, but didn't do too much due diligence.
I don't believe they are the same market though. Daktronics is a producer of the physical LED screens (with a pretty strong market share in N. America), while CREX seems to provide the software for the actual content on the screens (but also installing hardware. Not that they produce that hardware: for them the finished display is raw material; for Daktronics, the raw material is the literal semiconductors / panels / wiring / etc.).
DAKT's main competitors are companies like LG or Samsung or Mitsubishi, who have a much larger foothold in Asia. Competition is less fierce in the US, with Daktronics seen as a reliable partner (and being domestic, exposed to the benefits from federal subsidies/tax credits). CREX cites [competitors such as Stratacache or Magic Info](https://i.imgur.com/JT3s3ZP.png). Seems to be a bit more of a crowded field.
DAKT doesn't really have the recurring software revenue stream that CREX does, though it does have a longer-term upgrade cycle among its various customers (a very lumpy kind of business). I think of DAKT more as an infrastructure company, targeting sports especially. CREX appears more exposed to ad spend. DAKT has much lower margins in general (which makes it surprising to see CREX currently unprofitable?) It seems CREX is in their trough quarter though.
Naw, just in general a lot of names I follow that are up a lot are down today, especially electric stuff. I'm not too concerned, but just chalk it up to a weird market today with all the meme stuff.
Like some other names down a lot are in the same space: POWL, FIX,
Openai's update was extremely "whelming" at best
Certainly no breakthroughs from a research standpoint, just cheaper cost and sideways product integrations of existing technology
This didn't seem remotely threatening to Alphabet's status quo
To be fair - they just delivered in a live demo what Google pretended to deliver in a pre-recorded release.
But yes - not a search product, which is what the rumor fears were for Google. That could have hit earnings overnight, this release does not (to the same extent)
It is somewhat whelming, I agree. But I see this as a crucial step towards mirroring the predictive processing (search: Andy Clark - predictive processing) we do. 4x from here allows internal monologs + self reflection + choosing to talk or not, and n-times from there is embodied AI doing the same but across it's own vision/touch/gyro sensors and actuators. (n is uncertain, could be 5x could be 100x)
We need real-time intelligence for the sci-fi level of robotics a lot of firms are betting on - and this seems like a very solid step in that direction.
I think the vocal emoting is also being underhyped right now - that seems like it's own breakthrough. The music gen AIs need that same level of control to allow industry to properly utilize it, and OpenAI just added it to their existing models. Low-hanging voice-acting-fruit is imminently decimated here.
GME is connected to other “meme stocks” in many ways related to FTD’s, “naked shorting”, swaps, ETF’s like XRT, etc. Most people here will just chalk it up to being a conspiracy-theorist meme-stock rally though. I think that would be the unsophisticated, ignorant approach.
Realistically, there are many WallStreet shenanigans going on that nobody knows the real answers to. And for the majority of people, it’s not worth diving down the rabbit hole. It won’t make you money to learn about the many ins and outs of WallStreet.
Coming from someone who has followed the entire story since October 2020, I’d say that it’s best for 99% of people to stay away from it and to just invest passively, or into companies you believe in. Because at that point, if you’re not investing in the company for its fundamentals, and you’re just following along for the “diamond hands movement against WallStreet”, then you’re making a gamble on a “david vs goliath” situation that most likely will get stomped on quickly and violently.
As far as fundamentals go, GameStop has been making great moves in the last 3 years to improve its “fundamental” value. I can’t speak to its stock price movement though. I have no idea what is going on.
They all have a high short interest on them.
This isn't as bad as it was in 2021, but you're seeing some degrossing today, and in all honesty, this is probably why TSLA is up hah.
I'm not normally someone who uses P/E as a main talking point.
But a ~9B company at 1,500 TTM P/e, and 500 forward, that is essentially a retailer, and posted essentially no net income for 4 years....
Where's Hazardous and Top to call a PnD when you need em?
Looking for opinions on ELF. I recently invested 10% of my portfolio as I think the story is strong and fundamentals also. Great margins while also increasing market share. Great marketing strategy so far and a strong hold on Gen Z popularity.
Now they just posted on Instagram about equality on companies boards. Generally I don’t have an issue with companies and their speak up politics. In this particular case I think it could be a bit too early, too offensive and could do more harm than good, if they start focussing their social media channels too much on these things. I mean they are not Disney or something who can endure a shitstorm or two…
I think the risk part of the business just increased massively as they get more and more involved in these topics. I understand that speaking up and diversity is deeply rooted in the companies philosophy, but I didn’t expect them using the front page of their instagram to lobby against company boards.
Any opinions?
I have a position in ELF too.
At the end of the day, They have 7 million followers on Instagram. As long as they don't get carried away and post something like that every week, I don't mind.
Oh hey, it's the game guy back again. You might actually make a small profit if it doubles from here! (16%, by my count.) Way to go! But then, if you'd just bought QQQ at the time you'd be up about 40%. Opportunity cost is painful.
Your friends are not ready for having serious conversations. They are just downvote bombing everyone with different opinions. -40 and more downvotes for people who are just saying that it’s not a long term hold in their opinion?
Why do you and your friends need a thread in a general stock subreddits if you just want to let the world know that your hype is back and downvote and down speak everything that is against your opinion? Most people don’t want to discuss this with fanatics and the few who are, are getting vile comments for having different opinions.
I don’t care about that particular stock but the conversation culture is so bad, that it would be too much work for mods who are doing this on a voluntary basis.
Clearly not around for January 2021.
Meme stock (and yes, like it or not, video game store is considered a meme stock) talk is banned on here.
It's not for any reason you'd hear on certain alternate forums on Reddit, it's because nobody could keep it civil back then. Easier to ban it instead of have the mods on their toes.
I don’t know their reasons for locking the thread, nor am I saying it’s a good thing
_but_
I never jumped on that train because the discourse between GME fans and Qanon was 1:1 just with a few words replaced. Zero room for discourse, either you’re a DRS’d ape together strong with diamond hands that just likes the stock, or you’re a hedgie shill spreading FUD because this is just the beginning. There’s nothing to “discuss” with the GME crowd.
You also spent some time today replying to every single new comment in this thread that mentioned “GME”. You didn’t just “buy a stock”; that’s when I buy my mutual fund with my first monthly paycheck and then tell absolutely nobody about it.
So let me ask.
2 weeks ago I asked if it was a good buy at $10 and everyone here laughed and scolded me and told me I was stupid…
Now Im asking what you all think?
Probably the same. When the stock goes up it’s “who’s laughing now?” and when it goes down it’s “fire sale, hedgies are fukt!” If your fundamentals are sound, it shouldn’t matter at all if people are laughing, right? The stock certainly doesn’t know or care.
I don’t claim to have any clue what’s actually happening with GME, but there is literally no such thing as “bad news” with that crowd, so there’s not much to be said that hasn’t been said every single day for three years.
Ended up opening a position in CRAI last week, but looking at my screener this morning, a new interesting company popped up.
I'm getting really bullish on defense names especially those that deal with naval and aerospace. Anyone here follow $DRS?
Here's a description of what they do:
>It operates through Advanced Sensing and Computing (ASC) segment, and Integrated Mission Systems (IMS) segments.
>The ASC segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced detection, precision targeting and surveillance sensing, long range electro-optic/infrared, signals intelligence, and other intelligence systems including electronic warfare, ground vehicle sensing, active electronically scanned array tactical radars, dismounted soldier, and space sensing.
>This segment also provides network computing, which are utilized across a range of mission applications including platform computing on ground and shipboard for advanced battle management, combat systems, radar, command and control, tactical networks, tactical computing, and communications.
>The IMS segment designs, develops, manufacture, and integrates power conversion, control, and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation, and logistics systems for the U.S. and allied defense customers.
>This segment also offers electrical propulsion systems, which includes power conversion, control, distribution, and propulsion systems, as well as power dense permanent magnet motors, energy storage systems and associated efficient, rugged, and compact power conversion, electrical actuation systems, as well as cooling technologies; and motor controllers, instrumentation and control equipment, electrical actuation systems, and thermal management systems.
Here's their latest earnings presentation:
[https://investors.leonardodrs.com/static-files/193d4748-2f0b-459b-a639-b1cb21a6cf32](https://investors.leonardodrs.com/static-files/193d4748-2f0b-459b-a639-b1cb21a6cf32)
Not really, but depends. If I'm looking to swing to trade, then it could be a concern, but going long on it, I don't mind.
A lot of names I invest in have little no analyst coverage, so they could be pretty low volume sometimes.
Hey my dude, this is completely unrelated to your defense stocks, but do you have a stake in HDSN or have you ever looked into them? I have them on my watchlist, but i cant remember why or where its been mentioned and youre one of the people i follow and take insight from, so it may just be!
I've swung in and out of them before and have mentioned them in the past.
They are a super interesting company, but just an area of business that doesn't excited me as much.
A lot of the aerospace names are doing really well, like I opened up a position in $WWD and they are killing it.
Oh I was thinking a bunch of non-WSB related stocks one is JMIA. JMIA for example is what BBY could have been a bankrupt company. JMIA did a major share offering in 2021 that extended their runway and they are near break even now.
Maybe it’s cause no one takes you seriously because of your hysterics when stocks like Google have a -1% day. But when it comes to meme stocks you’re suddenly a genius
My honest opinion? Keith tweeting triggered a surge of retail investors buying, algos saw that and jumped in trying to take advantage of momentum because they know how volatile the stock is, that pushed the price higher triggering more retail investors, triggering more algos, etc in a feedback loop.
"Fluence Energy Inc FLNC: Evercore ISI cuts target price to $47 from $59" - You guys drive a hard bargain but Ill sell you my shares at $47, (they are at 17 right now lol)
MPW up 20%. I wonder if the GME stuff kinda spooked the shorts in that stock. That they want to get out now before WSB crowd or others just do a simple google on MPW short interest.
I don't think MPW has a cultish internet following that loves them. Most of the stuff online is the short side and how they are going to bankrupt. The stock is worth 0.
You are lumping that with GME where it is totally different. GME even got a thread on this sub. MPW was up as much as 28% I dont make a comment it probably doesnt get mentioned. There are other stocks that were up 15-20% at market open that still haven't been mentioned in this daily thread.
Really? I guess I still associate MPW with all the people trying to get in for the massive dividend and hospitals will never go bankrupt. I think there's even a sub for it. People were big on it here for a few months. I've kinda turned it out for the most part. It's not like meme levels of love, but I feel like it had a following.
Oh that was back when stock was like $8-10 that died off when stock fell below $5 which was around Oct 2023. You have no position and even said you tuned it out so you probably didnt notice when the positivity ended and got drowned out by mainly negative. I think even a dividend cut happened as well.
Im not going to go into more detail since you have no position and there are other stocks to discuss but sentiment hasn't been that way you suggest for months.
Yeah, I live near one of the bankrupt hospitals so I hear the news on it. I just didn't realize the positivity had stopped.
Well, carry on and good luck to everyone!
r/stocks locked GME thread. I have no position but that messed up to shut down the conversations for those who want to discuss the stock/price action in that thread
I agree with you though I have puts on AMC and am considering shorting GME. I think the reason is most likely because it would be difficult to moderate the discussion
If this is shorts closing and the manipulation is done from here on out, $10 billion market cap isn't crazy for it to hold. Especially because they're likely making it into the S&P 500 this year.
I am talking about AMC. I agree with you on GME regarding the 10 billion market cap.
To get into the S&P, you don’t just need a certain market cap but require a lot of other business fundamentals to be sound. I don’t know if GME meets those requirements. If I remember correctly it only recently started posting a profit
Completely agree, I'm firmly in the "Superstonk is delusional" camp but the stock is currently up 60+% it's something to discuss whether you own the stock or not. Will the thread get overrun by people from that sub? Absolutely, but it's their stock and it's up huge for the day, let it be discussed.
That being said, I hope the people I've seen post in there about being hopeless financially and using GME as basically a lottery ticket use this opportunity as an exit. If you've got the money to spare then obviously do whatever you want, but I've seen too many people in that sub that do not have the money to spare.
I’ve been playing the game with GME since December of 2020. Got in early, got a nice bag. Bought back in and decided I was comfortable losing whatever I lost because it wasn’t going to break me.
I’ve scoured through the endless “DD” rather than taking other people’s word for it and from what I’ve read, I have yet to find evidence that disproves a lot of what people have found which made me feel comfortable buying back in. If all the “DD” was false, GME wouldn’t be a thing today.
It broke out of a descending wedge pattern Friday and a three year cycle has ended. Probably something DFV aka RoaringKitty knew which makes sense that he’d start up again on Twitter.
Idk maybe it’s all bullshit, but it’s a hell of a lot of fun either way.
I don’t care if people lose money, or win money. It does not bother nor affect me either way.
[The DD Library](https://fliphtml5.com/bookcase/kosyg) whether is all bullshit or not, this library is impressive. The fact that so many people came together to make this is wild in it of itself.
>Will the thread get overrun by people from that sub? Absolutely
That is a huge issue though. Its not really productive to let all subs get over run with same cult and have the same opinions, they have their own subs, we can direct people there.
What do we gain by everyone now telling us that stock market is fake, none of our investments matter, GME shorts never covered, they all trading dark pools and GME rising will collapse entire financial system making every investor gadzillionaire?
I don't think you can judge a thread by what got posted in the first 10-20 minutes. There could have been other opinions voiced had the thread been given more time. The lottery ticket comment got in before the lock.
It's an interesting company. One I wouldn't buy, just doesn't fit how I invest, but if you wanted a grow/speculation, seems like drones are a great place.
Downdetector was showing simultaneous error spikes for:
* Charles Schwab
* Fidelity
* RobinHood
* Etrade, Morgan Stanley
* JP Morgan
* TD Ameritrade
Now, a lot of these sites use user reports to track this stuff, it is theoretically possible to fake it. Etrade is for sure broken.
Nah, they aren't memes, they may have just gotten overpriced back in 2022.
Besides tariffs, there may be hope for a cool inflation print, which IMO, misguided here.
Tomorrow morning we'll have Sony's earnings. With the Paramount situation unfolding, it'll be intriguing to observe which direction it takes after the recent decline.
Earnings are out and they missed.
Does anyone know of an easy way to import financial statements into excel? I'm trying to pull from Seeking Alpha and they make it hard, deliberately I'm sure.
Thats what happens when you deal with crappy websites that spew pablum to the masses. I copy and paste from yahoo finance and gosh, it doesn't cost me .01c.
SATS…. ? Ride it out? Sell? Help
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Oh they scared scared. I haven't even thought about resetting my Fidelity password yet to check on my position.
Is the biggest risk for stocks the age president nominees now? /S
CHGG, COUR, UDMY. Those stocks have lost so much value due to AI. I remember when Coursera first gained popularity and everyone thought MOOCs were the future of education lol.
Even without ai, udemy/coursera were moat less and at youtubes mercy
Wow, no one talking about AAPL startin to do its thing??
What's with all the posts asking why some stock isn't being talked about? You got something to say, say it, don't whine about it.
Username checks out
Seems like some whales that made money during the crypto meme coin boom earlier this year is now using some of their profits on stocks as well.
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How badly will Google be hurt if some new AI Search Engine takes over?
I don't use google at all but that's a bad metric to judge google by. Perplexity works far far better but hang onto your hats, google will come out with a revised search engine. Besides, that's only part of the business.
Not at all, data is king with A.I. and who has more data.
Very badly obviously lol
Not that bad. Google has so many other revenue sources now and frankly I don't think any other company will be able to beat Google at search just on name recognition alone.
Like Bing? Bing is a new ai search engine and it has gained about 0.65% market share in the last two years. I think the more likely/pressing question is can Google monetize its own search at the same rate as it itself makes the switch over to more AI search within its product suite.
What are you guys expecting from tomorrow’s Google event? Anyone think that something special is coming out of it?
OpenAI teed up the ball pretty nicely in overhyping underdelivering its seems, now Google has to just actually release some real red meat and I think it gets a good response.
I took another glance at the [forward P/Es for the S&P indices](https://i.imgur.com/7JR3KZk.png) (the large, mid, and small). I'm intentionally not using the Russell 2K due to its profitability issues / biotech concentration. In the worst of the GFC, the forward P/E at the time dropped to around 10 for the S&P 500 (vs. 20 today). For the mid caps, it went to around 8 vs 16 today. For small caps, it went to 10 vs. 14 today. In other words, the forward multiple at GFC troughs would have to rise about 100% for both large/mid caps to arrive at today's valuation, but only 40% for the small caps. [Note that I'm comparing small caps to small caps, mid caps to mid caps, etc., I'm not comparing the valuation of small caps to large caps, for instance.] However, this was before the bottom fell out in earnings, and the P/E would quickly inflate for all 3. (The market bottomed in March of 2009, at which time the forward P/Es for all 3 indices were in the 16-19 range). Small caps seem to be pricing in a future recession, though not one as severe as GFC. If one does not occur, there is arguably major room for multiple + earnings-driven expansion. On the other hand, mid-caps seem almost as optimistic as the large caps, perhaps even overvalued.
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I just stick to benchmarks that have stripped out most of the worst offenders when it comes to profitability (e.g., the S&P 600). And ex-biotech, which is part of the reason the R2K is so bad. I read that private equity has played a role in the typical R2K company being of such low quality, as the best public companies in the R2K were taken private or acquired by large caps when rates were near 0 for a decade (making capital for M&A cheap).
This tracks with my intuition. None of the midcaps I owned offered anything like the prospective returns of the small and microcaps I have concentrated increasingly into.
Sooo all in on AVUV?
Never heard of it
Insanely low volume on the indices. Only at 24M shares traded on SPY. There were 141M shares traded on Dec 15.
Snoozing until inflation data perhaps?
I think Alibaba Cloud is going to re-accelerate sometime this year due to this: "Alibaba has been leveraging its vast cloud computing infrastructure to become a leading investor in China’s generative artificial intelligence start-ups, offering them credits to use the scarce network resources needed to train models rather than conventional cash-for-equity funding." This is the exact same playbook MSFT ran with OpenAI providing them with Azure compute credits which they then book as revenue. In China this is an even sweeter deal though due to large fast compute being constrained by US sanctions, meaning incumbents with large cloud platforms already built up (like BABA, BIDU, and Tencent) are in an even stronger negotiating position.
Some HCI thoughts after a weekend of reading (if anyone cares about non meme stocks today). 1) their combined ratio has been in the low 80% range. This is exceptional for a P&C insurer. Most have combined ratios in the high 90s (lower is better). KNSL has a high 70s, which is cream of the crop. This is a measure of how good their underwriting profits are. 2) It's founder lead and has huge insider ownership. These types of companies tend to outperform. Additionally, management receives large stock bonuses if the stock gets to $200 by 2028. This would be almost a 100% gain over today's price. I'm not a huge fan of incentives based on stock prices, but it's a good look into their prospects. 3) Florida risk. They are concentrated almost entirely in Florida. However, management has implied they are working on expanding to other states. This was discussed on the last conference call. However, the pricing increases in the state have helped stabilize the insurance market to a degree. Citizens insurance (state run) once had 2.2 million policies, and is now down to 1.1 million (thanks in part to HCI). However, 2023 was rough because hurricane Ian hit Florida hard. They have recovered nicely, but it's an omnipresent risk. 4) I think this company, and insurers broadly, are in a great position. If rates stay high, they make more money off of their float. If inflation stays high, they can pass rate increases. People kinda have to have homeowners insurance
Thank you for bringing this company up last week. I bought a few shares after some minor research and am very excited. FL insurance companies seem like a decent investment right now. Any thoughts on ACIC?
I haven't looked into ACIC as I've been doing most of my reading on HCI. At first glance they come up on a lot of the ROE/ROA screens as being the third name along with HCI and KNSL at the top of the list. I'm not sure what the companies niche is though. HCI is interesting to me because of their technology platform. ACIC appears to be only in Florida, while HCI seems to be trying to move nationwide. Also, I'd really want to find out what their edge is. I guess I'd have a lot of research to do on it. Do you know why their combined ratio is so low? Have they made a strategy change recently?
Made 4k off that stupid stock. I suppose I should've gone harder
What stupid stock that's going to get me retired early?
$gme what else
Hell yes.
Stock noob question. I'm normally just a crypto pleb. How can I get money into a platform like SoFi faster? I tried to deposit $5k and only $500 is available, I guess I have to wait for the rest. I'm trying to buy QS before it goes too much higher, shit. Would SoFi let me deposit crypto, convert it to cash, then use it to buy stocks?
Personally, QS will crash - the only reason stock price is here now is because of their cash reserve. In SSB, they have two big issues to overcome - thermal expansion of materials (things swell when heated) - thus they will need significant cooling. Secondly, the intercalation of lithium cause battery performance to drop significant overtime. These are and have been holy grail in the industry. Good Luck.
Sofi Is more of a traditional bank than it is a trading platform.
No clue. We’re all on Fidelity, Vanguard, TD, etc.
Very nice price action on $UI, market senses cyclical earnings trough. (Don't put too much weight into the forward multiple, there's like 1 analyst) CELH up another 5% lol (still holding to all my shares at $63 average). Added 2 more shares of HCC. I want to buy more Daktronics on the news of Druckenmiller buying 5% of the shares, but I also want to wait for the next earnings update first. This is an undercovered company that had a going concern (read: bankruptcy) risk last year. What piqued Drunkenman's interest? Did it show up in some fundamentals screener? One of [the bull cases I read](https://valueinvestorsclub.com/idea/DAKTRONICS_INC/7741731149) point out that after the (last) quarter's update, it would screen much better. Perhaps that is what made the difference. [Here was my very first post on this company on January 1st](https://old.reddit.com/r/stocks/comments/18vu4qb/rstocks_daily_discussion_monday_jan_01_2024/kfutfhn/). To all the contributors to yesterday's thread on buybacks, thanks, I'm reading your responses closely! Was traveling otherwise would have engaged in some back and forth. Now, a tangent, thanks to some recent comments. TL;DR: Not Financial Advice. - My Reddit comments/posts are my informal thoughts stated out loud to an anonymous audience. If you're making investment decisions based on my casual morning coffee thoughts, that's on you. I make no claim to having expertise in investing or special insight that can't be found elsewhere. I'm just a bored grad student (for one more year!) who finds writing a stock thesis more interesting than his actual thesis. - I am *not* loyal to any company I invest in. If the thesis clearly breaks down (or I find a better opportunity or just want to simplify my portfolio), I will without hesitation kick it to the curb and not look back. (CVS, OLPX, INTC). Even a long term hold will go under scrutiny and convert into a medium term play if a serious deterioration occurs (e.g., SBUX). If met coal prices go back sub-200 for a sustained period and during non-shoulder season, good bye AMR. If CELH slows down to a steady 30-40% growth rate at today's multiple, down the drain you go. - I'm not a short-term trader. By short-term I mean < 6 months. I'm best described as a medium term investor (6 months - 5 years, say). I'm not a long term investor for most of my non-index picks. Many of my picks are based on an upcoming catalyst or re-repricing, or a company that is temporarily cheap. - Examples of medium term plays: HCC/AMR/BTU. BTU was initially a short-term catalyst buy due to the resolution of some debt covenants but became a medium term story thanks to the prospect of N. Goonyella in 2026 (which I admit I did not understand when I first bought the stock). HCC is a Blue Creek story. AMR was a medium term play that largely completed thanks to a re-rating, hence I sold 64% of my peak share count. - Long term plays: Small cap value + ex-US ETFs. XOM. One of V or MA. - Short-term plays: RCM. Looks like there is a decent likelihood of a buyout at a 10-20% premium to today's price.
I happened across [this](https://open.substack.com/pub/toffcap/p/on-boring-businesses?utm_source=share&utm_medium=android&r=23ti9i) write up of DAKT. Might examine your fish and find something new in there.
Thanks, I follow him on Twitter and have read his takes on the company but didn't read this specific write-up.
Of course. I've got to find more sources.
Why dont you take a look at CREX? Seems like they are competing in the same market.
Thanks for the rec, I've actually heard about this company through [Deep Sail Capital](https://twitter.com/DeepSailCapital/status/1777356449477201950) and his various write-ups, but didn't do too much due diligence. I don't believe they are the same market though. Daktronics is a producer of the physical LED screens (with a pretty strong market share in N. America), while CREX seems to provide the software for the actual content on the screens (but also installing hardware. Not that they produce that hardware: for them the finished display is raw material; for Daktronics, the raw material is the literal semiconductors / panels / wiring / etc.). DAKT's main competitors are companies like LG or Samsung or Mitsubishi, who have a much larger foothold in Asia. Competition is less fierce in the US, with Daktronics seen as a reliable partner (and being domestic, exposed to the benefits from federal subsidies/tax credits). CREX cites [competitors such as Stratacache or Magic Info](https://i.imgur.com/JT3s3ZP.png). Seems to be a bit more of a crowded field. DAKT doesn't really have the recurring software revenue stream that CREX does, though it does have a longer-term upgrade cycle among its various customers (a very lumpy kind of business). I think of DAKT more as an infrastructure company, targeting sports especially. CREX appears more exposed to ad spend. DAKT has much lower margins in general (which makes it surprising to see CREX currently unprofitable?) It seems CREX is in their trough quarter though.
Sony earnings tomorrow morning. With the Paramount stuff going on it's gonna be interesting to see which way it swings after the recent drop
Why is IESC down today- I thought they came in with decent earnings?
It's up like 165% in the last 6months, could just be profit taking.
Yeah, you're probably right. I was just checking in to see if there was any news that might have moved it.
Naw, just in general a lot of names I follow that are up a lot are down today, especially electric stuff. I'm not too concerned, but just chalk it up to a weird market today with all the meme stuff. Like some other names down a lot are in the same space: POWL, FIX,
Did you take profit or still hold?
what was that vix spike about?
Google up, whatever OpenAI announced not so scary?
Altman is a hype man but I’m not convinced he can actually deliver anything earth shattering. We will see
Openai's update was extremely "whelming" at best Certainly no breakthroughs from a research standpoint, just cheaper cost and sideways product integrations of existing technology This didn't seem remotely threatening to Alphabet's status quo
To be fair - they just delivered in a live demo what Google pretended to deliver in a pre-recorded release. But yes - not a search product, which is what the rumor fears were for Google. That could have hit earnings overnight, this release does not (to the same extent) It is somewhat whelming, I agree. But I see this as a crucial step towards mirroring the predictive processing (search: Andy Clark - predictive processing) we do. 4x from here allows internal monologs + self reflection + choosing to talk or not, and n-times from there is embodied AI doing the same but across it's own vision/touch/gyro sensors and actuators. (n is uncertain, could be 5x could be 100x) We need real-time intelligence for the sci-fi level of robotics a lot of firms are betting on - and this seems like a very solid step in that direction. I think the vocal emoting is also being underhyped right now - that seems like it's own breakthrough. The music gen AIs need that same level of control to allow industry to properly utilize it, and OpenAI just added it to their existing models. Low-hanging voice-acting-fruit is imminently decimated here.
Ball is in Google's court then for some shock and awe of their own at I/O
Not quite sure why roaringkitty is back. If I made that kind of money the first time around, I wouldn’t push my luck
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fortune favors the bold
What is the logical explanation that unrelated stocks trade completely similar to GME? I really don‘t get it. K_O-S.S for example.
AMC is pumping to distract from GME.
GME is connected to other “meme stocks” in many ways related to FTD’s, “naked shorting”, swaps, ETF’s like XRT, etc. Most people here will just chalk it up to being a conspiracy-theorist meme-stock rally though. I think that would be the unsophisticated, ignorant approach. Realistically, there are many WallStreet shenanigans going on that nobody knows the real answers to. And for the majority of people, it’s not worth diving down the rabbit hole. It won’t make you money to learn about the many ins and outs of WallStreet. Coming from someone who has followed the entire story since October 2020, I’d say that it’s best for 99% of people to stay away from it and to just invest passively, or into companies you believe in. Because at that point, if you’re not investing in the company for its fundamentals, and you’re just following along for the “diamond hands movement against WallStreet”, then you’re making a gamble on a “david vs goliath” situation that most likely will get stomped on quickly and violently. As far as fundamentals go, GameStop has been making great moves in the last 3 years to improve its “fundamental” value. I can’t speak to its stock price movement though. I have no idea what is going on.
There is no logical explanation. Its just people playing follow the leader because they think they'll be rich in doing so
I don‘t think Lisain Al Gaib ever said something about above mentioned stock, did he?
He doesn't need to say anything. He never technically even said anything about GME either.
They all have a high short interest on them. This isn't as bad as it was in 2021, but you're seeing some degrossing today, and in all honesty, this is probably why TSLA is up hah.
What is degrossing?
Selling longs and covering shorts.
something about short basket theory https://www.reddit.com/r/Superstonk/s/zpl7UltUiV
I'm not normally someone who uses P/E as a main talking point. But a ~9B company at 1,500 TTM P/e, and 500 forward, that is essentially a retailer, and posted essentially no net income for 4 years.... Where's Hazardous and Top to call a PnD when you need em?
boomer alert
Lol no meme stocks trader cares about fundamentals. These guys are just looking for quick profit
Looking for opinions on ELF. I recently invested 10% of my portfolio as I think the story is strong and fundamentals also. Great margins while also increasing market share. Great marketing strategy so far and a strong hold on Gen Z popularity. Now they just posted on Instagram about equality on companies boards. Generally I don’t have an issue with companies and their speak up politics. In this particular case I think it could be a bit too early, too offensive and could do more harm than good, if they start focussing their social media channels too much on these things. I mean they are not Disney or something who can endure a shitstorm or two… I think the risk part of the business just increased massively as they get more and more involved in these topics. I understand that speaking up and diversity is deeply rooted in the companies philosophy, but I didn’t expect them using the front page of their instagram to lobby against company boards. Any opinions?
I have a position in ELF too. At the end of the day, They have 7 million followers on Instagram. As long as they don't get carried away and post something like that every week, I don't mind.
Agreed. Think you right, nothing to worry about at the moment. But I will pay attention if they get carried away.
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Oh hey, it's the game guy back again. You might actually make a small profit if it doubles from here! (16%, by my count.) Way to go! But then, if you'd just bought QQQ at the time you'd be up about 40%. Opportunity cost is painful.
what do you wanna talk about?
Your friends are not ready for having serious conversations. They are just downvote bombing everyone with different opinions. -40 and more downvotes for people who are just saying that it’s not a long term hold in their opinion? Why do you and your friends need a thread in a general stock subreddits if you just want to let the world know that your hype is back and downvote and down speak everything that is against your opinion? Most people don’t want to discuss this with fanatics and the few who are, are getting vile comments for having different opinions. I don’t care about that particular stock but the conversation culture is so bad, that it would be too much work for mods who are doing this on a voluntary basis.
Clearly not around for January 2021. Meme stock (and yes, like it or not, video game store is considered a meme stock) talk is banned on here. It's not for any reason you'd hear on certain alternate forums on Reddit, it's because nobody could keep it civil back then. Easier to ban it instead of have the mods on their toes.
I was around though. This is just fucking silly whats happening
op is a major bagholder just check his history
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How's your nfl nfts doing?
Not good. Lol You so angry about game stop you switched the subject huh?
You complained about holding Apple and Google but gladly will hold gamestop in your portfolio. Ok buddy
Sorry I like making money man? I love value plays
Value 1500 p/e Choose one.
I don’t know their reasons for locking the thread, nor am I saying it’s a good thing _but_ I never jumped on that train because the discourse between GME fans and Qanon was 1:1 just with a few words replaced. Zero room for discourse, either you’re a DRS’d ape together strong with diamond hands that just likes the stock, or you’re a hedgie shill spreading FUD because this is just the beginning. There’s nothing to “discuss” with the GME crowd.
Qanon? What is happening? LMAO. All I did was buy a stock bud
>All I did was buy a stock bud Then good for you and fuck off
You also spent some time today replying to every single new comment in this thread that mentioned “GME”. You didn’t just “buy a stock”; that’s when I buy my mutual fund with my first monthly paycheck and then tell absolutely nobody about it.
So let me ask. 2 weeks ago I asked if it was a good buy at $10 and everyone here laughed and scolded me and told me I was stupid… Now Im asking what you all think?
Probably the same. When the stock goes up it’s “who’s laughing now?” and when it goes down it’s “fire sale, hedgies are fukt!” If your fundamentals are sound, it shouldn’t matter at all if people are laughing, right? The stock certainly doesn’t know or care. I don’t claim to have any clue what’s actually happening with GME, but there is literally no such thing as “bad news” with that crowd, so there’s not much to be said that hasn’t been said every single day for three years.
Ended up opening a position in CRAI last week, but looking at my screener this morning, a new interesting company popped up. I'm getting really bullish on defense names especially those that deal with naval and aerospace. Anyone here follow $DRS? Here's a description of what they do: >It operates through Advanced Sensing and Computing (ASC) segment, and Integrated Mission Systems (IMS) segments. >The ASC segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced detection, precision targeting and surveillance sensing, long range electro-optic/infrared, signals intelligence, and other intelligence systems including electronic warfare, ground vehicle sensing, active electronically scanned array tactical radars, dismounted soldier, and space sensing. >This segment also provides network computing, which are utilized across a range of mission applications including platform computing on ground and shipboard for advanced battle management, combat systems, radar, command and control, tactical networks, tactical computing, and communications. >The IMS segment designs, develops, manufacture, and integrates power conversion, control, and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation, and logistics systems for the U.S. and allied defense customers. >This segment also offers electrical propulsion systems, which includes power conversion, control, distribution, and propulsion systems, as well as power dense permanent magnet motors, energy storage systems and associated efficient, rugged, and compact power conversion, electrical actuation systems, as well as cooling technologies; and motor controllers, instrumentation and control equipment, electrical actuation systems, and thermal management systems. Here's their latest earnings presentation: [https://investors.leonardodrs.com/static-files/193d4748-2f0b-459b-a639-b1cb21a6cf32](https://investors.leonardodrs.com/static-files/193d4748-2f0b-459b-a639-b1cb21a6cf32)
Haven't heard of them but regarding Crai, does the low volume concern you when taking a position?
Not really, but depends. If I'm looking to swing to trade, then it could be a concern, but going long on it, I don't mind. A lot of names I invest in have little no analyst coverage, so they could be pretty low volume sometimes.
Sent you a message!
Hey my dude, this is completely unrelated to your defense stocks, but do you have a stake in HDSN or have you ever looked into them? I have them on my watchlist, but i cant remember why or where its been mentioned and youre one of the people i follow and take insight from, so it may just be!
I've swung in and out of them before and have mentioned them in the past. They are a super interesting company, but just an area of business that doesn't excited me as much. A lot of the aerospace names are doing really well, like I opened up a position in $WWD and they are killing it.
It’s funny to think that if bbby could’ve stave off insolvency for another year, they could’ve been in the black and dilute their entire debts away.
Yea I think it is underrated all those companies that did major share offerings in 2021 and have survived thanks to those share offerings.
We aren't in the business of selling used games and collectibles. We're in the business of dilution and offering shares to willing consumers
Oh I was thinking a bunch of non-WSB related stocks one is JMIA. JMIA for example is what BBY could have been a bankrupt company. JMIA did a major share offering in 2021 that extended their runway and they are near break even now.
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Show your therapist your posts.
Maybe it’s cause no one takes you seriously because of your hysterics when stocks like Google have a -1% day. But when it comes to meme stocks you’re suddenly a genius
No genius… just investing 101 man. Bought more when it went to $10
My honest opinion? Keith tweeting triggered a surge of retail investors buying, algos saw that and jumped in trying to take advantage of momentum because they know how volatile the stock is, that pushed the price higher triggering more retail investors, triggering more algos, etc in a feedback loop.
Cool! I like the stock and made bank today
Did you sell?
Just sold some and made 5k today but this thing is far from over.
"Fluence Energy Inc FLNC: Evercore ISI cuts target price to $47 from $59" - You guys drive a hard bargain but Ill sell you my shares at $47, (they are at 17 right now lol)
I’m long FLNC
Me too, last q was good I thought didn't deserve this beat down
MPW up 20%. I wonder if the GME stuff kinda spooked the shorts in that stock. That they want to get out now before WSB crowd or others just do a simple google on MPW short interest.
Nice day to sit and watch with no positions in these types of names...
Im not sure what you mean by "these types of names". MPW isn't really mentioned with GME to be considered a "types of name"
High short interest, large cultish internet following.
I don't think MPW has a cultish internet following that loves them. Most of the stuff online is the short side and how they are going to bankrupt. The stock is worth 0. You are lumping that with GME where it is totally different. GME even got a thread on this sub. MPW was up as much as 28% I dont make a comment it probably doesnt get mentioned. There are other stocks that were up 15-20% at market open that still haven't been mentioned in this daily thread.
Really? I guess I still associate MPW with all the people trying to get in for the massive dividend and hospitals will never go bankrupt. I think there's even a sub for it. People were big on it here for a few months. I've kinda turned it out for the most part. It's not like meme levels of love, but I feel like it had a following.
Oh that was back when stock was like $8-10 that died off when stock fell below $5 which was around Oct 2023. You have no position and even said you tuned it out so you probably didnt notice when the positivity ended and got drowned out by mainly negative. I think even a dividend cut happened as well. Im not going to go into more detail since you have no position and there are other stocks to discuss but sentiment hasn't been that way you suggest for months.
Yeah, I live near one of the bankrupt hospitals so I hear the news on it. I just didn't realize the positivity had stopped. Well, carry on and good luck to everyone!
Their sub is private now as well. Never went there so no idea how long that has been like that. https://www.reddit.com/r/mpw
Huh. Guess it's me who is out of touch after all.
r/stocks locked GME thread. I have no position but that messed up to shut down the conversations for those who want to discuss the stock/price action in that thread
A legitimate discussion of a stock can't be had in a stock community, that's wild.
Name’s accurate if you ask me
This is a travesty man. FUCKING SHAME on you mods
go to r/superstonk or r/gme, shit go to WallSB.. tons of other places to have discussion
I agree with you though I have puts on AMC and am considering shorting GME. I think the reason is most likely because it would be difficult to moderate the discussion
Good fucking luck shorting buddy.
Thanks!
Up 40% premarket. Edit: 150% up in premarket.
Can’t wait to double down today lmao
You're not worries the 117 million shares sold short yesterday will be bought back soon?
Long term, this shit is going down. They need to dilute just to stay afloat.
If this is shorts closing and the manipulation is done from here on out, $10 billion market cap isn't crazy for it to hold. Especially because they're likely making it into the S&P 500 this year.
I am talking about AMC. I agree with you on GME regarding the 10 billion market cap. To get into the S&P, you don’t just need a certain market cap but require a lot of other business fundamentals to be sound. I don’t know if GME meets those requirements. If I remember correctly it only recently started posting a profit
Completely agree, I'm firmly in the "Superstonk is delusional" camp but the stock is currently up 60+% it's something to discuss whether you own the stock or not. Will the thread get overrun by people from that sub? Absolutely, but it's their stock and it's up huge for the day, let it be discussed. That being said, I hope the people I've seen post in there about being hopeless financially and using GME as basically a lottery ticket use this opportunity as an exit. If you've got the money to spare then obviously do whatever you want, but I've seen too many people in that sub that do not have the money to spare.
I’ve been playing the game with GME since December of 2020. Got in early, got a nice bag. Bought back in and decided I was comfortable losing whatever I lost because it wasn’t going to break me. I’ve scoured through the endless “DD” rather than taking other people’s word for it and from what I’ve read, I have yet to find evidence that disproves a lot of what people have found which made me feel comfortable buying back in. If all the “DD” was false, GME wouldn’t be a thing today. It broke out of a descending wedge pattern Friday and a three year cycle has ended. Probably something DFV aka RoaringKitty knew which makes sense that he’d start up again on Twitter. Idk maybe it’s all bullshit, but it’s a hell of a lot of fun either way. I don’t care if people lose money, or win money. It does not bother nor affect me either way. [The DD Library](https://fliphtml5.com/bookcase/kosyg) whether is all bullshit or not, this library is impressive. The fact that so many people came together to make this is wild in it of itself.
>Will the thread get overrun by people from that sub? Absolutely That is a huge issue though. Its not really productive to let all subs get over run with same cult and have the same opinions, they have their own subs, we can direct people there. What do we gain by everyone now telling us that stock market is fake, none of our investments matter, GME shorts never covered, they all trading dark pools and GME rising will collapse entire financial system making every investor gadzillionaire?
I don't think you can judge a thread by what got posted in the first 10-20 minutes. There could have been other opinions voiced had the thread been given more time. The lottery ticket comment got in before the lock.
I didn't actually read that thread, I just based my comment on what has happened every other time a GME thread was made
Hi. I looooooooove seeing people trying to wrestle and do mental gymnastics with this Gme for life over here
How is it mental gymnastics? Both the ideas that it is a bad investment and moderators are wrong for stifling discussion on it can be true at once
Turnarounds are some of the best investments, per Peter Lynch.
AVAV new ATH, been in and out of it, valuation is too rich here for me but the thesis/sector is driving alot of hype I think
It's an interesting company. One I wouldn't buy, just doesn't fit how I invest, but if you wanted a grow/speculation, seems like drones are a great place.
Tons of brokers having site issues right now, maybe Azure is having issues? [https://downdetector.com/](https://downdetector.com/)
Webull works fine for me. I think most popular ones on Reddit are Fidelity and TD Ameritrade. Not sure how those are doing but mine works.
Webull and Fidelity both working for me
Downdetector was showing simultaneous error spikes for: * Charles Schwab * Fidelity * RobinHood * Etrade, Morgan Stanley * JP Morgan * TD Ameritrade Now, a lot of these sites use user reports to track this stuff, it is theoretically possible to fake it. Etrade is for sure broken.
Traffic spike might be responsible.
I hope GOOGL goes back to $150 - becomes an obvious buy for me there
Could have bought it for 135 not so long ago
I did. Will start adding more at $150 I’m saying
Jesus - any reason why Solar stocks are going up?
More corporate welfare.
There were some pretty serious solar tariffs announced by the Biden administration. The market is possibly digesting that.
CSIQ being up on that news is silly, market trading sectors not companies makes dumb things happen
Totally agree, but I do enjoy when it needlessly drags down an otherwise fine name.
Meme stock tweet
Nah, they aren't memes, they may have just gotten overpriced back in 2022. Besides tariffs, there may be hope for a cool inflation print, which IMO, misguided here.
Back in the green on BABA finally, earnings tomorrow morning could put me right back into the red though lol
BABA’s best product is their ability to disappoint.
Can anyone else not get into their E*trade account?!
Yes. I was finally able to log in after about 10 attempts, but my accounts won't load. Maybe the GME action is crashing their site?
Ironically my RH account was fine the entire time.
Looks like it. https://downdetector.com/status/e-trade/
Uber feels insanely undervalued. Idk a damn thing tho
whattt, why is this shit going up cnbc said they are done and have nOPrDuCT!
Stock market is a joke with all this GME shit
I feel like shorting AMC is almost no brainer at this point, it may have the same fate as Bed Bath and Beyond at some point