Stock of the Day
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- 630 Responses
- DaveO3
"it's the dark hours now. they can't hold out forever. but they can hold out for quite a bit longer if we don't give in. just need to stay the course and believe in the thesis/numbers.
We're at the point in 'The Big Short' where michael burry keeps coming out to the white board to mark down the updated loss figure and is just laying on the floor in his office wondering how he was wrong... but he wasn't wrong. The other side was just cheating.
or when Mark Baum and his guys are trying to figure out what to do and realize that the banks "made the suckers bet and now their going to make us pay their gambling debt." we gotta wait, and wait, and wait, until they feel the pain. until they start to bleed. "
- I love itDaveO
- <-- From RedditDaveO
- https://www.denofgee…sted
- That's what they want to think, but they're going to cut themselves with their diamond hands.garbage
- palimpsest4
Three rules of money management
Don't blow it. Keep it simple. Count your money.- "Cut losses, add to gains". Applies for every aspect of your life: Friends, Diet, Exercise, Jobs, Relationships... etc... and investing.shapesalad
- Best rule I've heard. Really helps you check in on what you're doing in your life, every little activity - is it a gain for you, or is it ultimately a loss.shapesalad
- Then cut it as early as possible and put your time and energy into those things that a gaining for you. could be as simple as things you eat.shapesalad
- So you about that "I'M NOT HERE TO MAKE FRIENDS, I'M HERE TO WIN" life.palimpsest
- You go through life checking every little activity to see if you're winning?
Not for me, bro. I'm too smooth brained for that.palimpsest
- BarryEvans4
https://mattstoller.substack.com…
"Eighteen months ago, when interest rates started to turn negative, I noted that this anti-production bias is causing a very serious problem with how money flows into the real economy.
Very low or negative interest rates mean that investors can’t find any place to place their savings. Investors perceive there are no more factories to build, no distribution centers to create, no new energy systems to research, no more products to create. You can only stuff money under a mattress, and the price of mattresses is going up. Our financial system, in other words, is acting like we have no more social problems to profitably solve.
What is really happening is not that we’ve run out of problems to solve, but that the economy has become a giant “kill zone,” which is a term venture capitalists use to describe areas they can’t invest for fear that a monopolist will crush their company. Extreme market power is evident in tech markets, but it’s systemic in smaller markets as well, like horse shows, puzzles, cheerleading, portable toilets, mixed martial arts, mail sorting software, and a whole lot more.
With an economy of monopolies, there are now large profits with nowhere to go because investment in new production doesn’t make sense if you have market power. Workers have little bargaining power, so the extra money doesn’t go to them. Taxes on capital are low, so the money isn’t heading back to the government. Moreover, a lot of small businesses have been shut down because of the pandemic, so people can’t put their savings into new business even if they wanted to. Monopolies and a corrupted financial system have broken the ability to put money into useful enterprises. So where is it going?
Speculation."
- Probably should have stuck that in the capitalism thread, but an interesting take on what is fuelling the current stock boomBarryEvans
- I'm upvoting this content just because it's not a stupid youtube videonb
- pango1
- It's less about that and more that these trading platforms in order to have market access, need capital to cover trades that will clear T2, 2 days after.shapesalad
- The actual markets clearing houses told the brokers to put capital on the table incase it all goes belly up, they didn't want to be the ones left with the debt.shapesalad
- Haha. PerfectGnash
- People who compare the redditors to hedge funds are similar to those that compare the Capitol storm to BLM protests. There is a difference to some extent.monospaced
- People seem to be missing the fact that billionaires are profiting off this as well as enabling it (Musk, Chamath Palihapitiya, etc.)formed
- Everyone gets crushed with a pump and dump ponzi scheme. That's happen very, very soon, and we'll get all the "I can't believe I bet my rent!"formed
- they won't have the plebs wrecking the markets now will they lolStoicLevels
- In your analogue, mono, which is blm?Gnash
- it's not a direct analog, and not perfect, so don't hold me to the fire on it :) Hedge funds are the BLM. There's some shennanigans, for sure, etcmonospaced
- Hahahahahaha! SweetGnash
- well, if you think about it, it kinda is!monospaced
- _niko1
so far, AMC, Microsoft, blackberry and Gamestop shorted stocks are all riding the reddit rocket, any others to jump on?
GME was up over $370 today, insane
- So it’s all about the showing the analysts and fund managers what the little guys can do to fuck up their short analysis. Kinda funny actually. But can’t last.monospaced
- This kind of trading has and will be halted, but it is fun to watch. A shame it is totally inflated though. GameStop has yet to even turn profit and retail hurtmonospaced
- AMC too. While it’s fun to pump a stock that is clearly on the decline for good reason, it’s not fair to the many people who will undoubtedly be hurt bad by itmonospaced
- as long as they don't bet the house, buying $200 worth of stock to troll for entertainment's sake is pretty harmless._niko
- Stockmarket is a scam. This just shows how it worksGnash
- When it corrects, you'll see how it "works" too :)monospaced
- A scam? Not if you do it right.monospaced
- I'm enjoying this whole story immensely from the sidelinesBaskerviIle
- This behavior should be encouraged. I hope it becomes a tidal waveGnash
- I take it you don’t have any investments Gnash? Nothing in any market?monospaced
- lol just ask your daytrader friends why was VIX 37 today.sted
- why should I?monospaced
- I love what’s happening. It’s brilliantGnash
- It’s all fun and games until you see the fallout. :/monospaced
- If the fallout changes thing then brilliantGnash
- drgs3
Stocks are the new crypto. Some kind of ponzification of economy before it all implodes
- [day] trading as a sport, you mean.grafician
- Unlike crypto, the market itself is somewhat regulated. There are consequences for what you’re describing.monospaced
- Federal Trade Commissionmonospaced
- https://www.reuters.…sted
- “We monitor financial conditions very broadly, and while we don’t have jurisdiction over ... many areas in the nonbank sector, other agencies do,”sted
- tomorrow depends on the nasdaq investigations and enforcement dream teamsted
- Bennn0
Kraft Heinz
I'Ve read it's a good time to invest, they dipped and will go back up.
last 5 years :
- Benns means Heinz.Nairn
- Lagging behind in plant-based R&D initiatives is global food company Kraft Heinz Company (NASDAQ:KHC), which only spent 0.4% of revenues on R&D in 2019sted
- *sadtrombone.wavhans_glib
- Kraft could be looking to gain a slice of the plant-based dairy market after its cream cheese company Philadelphia revealed that it is considering launching a vsted
- vegan soft cheese spread.sted
- zero effort on development, but the sales look good.sted
- yepBennn
- With Heinz, after every dip, i always go back up and dip again. Sooo yummy.monospaced
- Best ketchup on the planet!utopian
- sted2
AirBNB
Ticker Symbol: ABNB
Share Price: $56 - $60
Valuation: $40 billion
IPO Proceeds: $2.9 billion
Starts Trading: Dec. 10
Looks good, buying a smaller portion for starters then adding more.Doordash
Ticker Symbol: DASH
Share Price: $90 - $95
Valuation: $34.6 billion
IPO Proceeds: $3.1 billion
Starts Trading: Dec. 9
Looks overvalued, waiting for a drop to 8x-7x.- Airbnb will quickly go up to around $90, buy more now if you cangrafician
- I don’t have high hopes for either of these.monospaced
- airbnb looks good until it goes 1.5x before the release, waiting for dash to drop to 100-90, but that went into the trash category for now.sted
- DASH trading 180+grafician
- AIRBNB trading 150+grafician
- coolsted
- Waaaay overvalued. These will plummet soon enough, they always do. Silly people chasing IPO prices get burned everytime.formed
- monospaced1
PLTR
Up 10%+ today. 100%+ gains in a month.- George Soros laments investment in Palantir and says he will sell the rest when allowed. https://www.marketwa…utopian
- https://www.marketwa…utopian
- wow, you can googlemonospaced
- A week later, palantir made a series of ~10% gains each trading day. I’m at a solid 180% gains this month. utopian you’re an idiotmonospaced
- This is what investing is. Nothing like bitcoin. No matter what the dumbass Bitcoin bro’s think.monospaced
- lol @mono investing in meme stocks and trashing bitcoin in the same sentence.ridg0026
- buying this when it was 9 was my best move in the recent months. had lots of stress around the election what to do with it, but it nice and sold at 26sted
- i'm thinking about buying back for a longer holdsted
- lol @ridg calling it a meme stock, as if it didn't have everything bitcoin does not in qualifying as an investmentmonospaced
- picked me up some of this one, tooformed
- drgs0
Now with vaccines on the horizon, is it time to invest in airline and cruise companies?
This Norwegian airline company, on the verge of bankruptcy
Say, if I the government saves them, and I think they will, the stock returns to 50 NOK, that's x100 ROI- Doubt it. Norwegians will become Wikings again and travel by boats.NBQ00
- So, cruise liner industry?drgs
- no, you invest in pharmamonospaced
- toosoon.gifutopian
- solar and water companiesgrafician
- nope, wrong again, just pharmamonospaced
- listen to Mono kids :)sted
- solar isn't bad, though, you can do that toomonospaced
- sarahfailin-1
I've been bearish since March and I still feel that way more than ever! 30 year bond yield curve inverted today - a sign of recession. 10-year title curve has been inverted for a while now.
Consumer mortgage debt is the highest it's been since 07, and auto loan and credit card debt are also extraordinarily high. Consumer spending has been good but only because consumers are accumulating debt. The economy has not lifted up the middle class and in fact it's slowly burying them. It can't continue.
The fed has little more ammo to cut rates, and the .25 rate cut last month did nothing to stop bond yields from diving.
Folks around the world are still buying stocks because international bond yields in Japan and Germany are actually negative (crazy!) Because demand for those has been so high. This is called the Tina effect (There Is No Alternative).
The bottom is going to fall out soon and people will pile into US bonds even more as well as gold and silver.
- people has never bought that much stuff ever. this is the new religion, buying to be happy. THX1138Bennn
- So what's the advice for the next 12mnths master?Hayzilla
- things will smoulder until Nov 1st, Brexit will be the firestartershapesalad
- You're referring to physical silver or gold, would you include crypto??robotron3k
- Make sure you hold no stocks, hav all your savings in readily available cash and be ready to snap up all of Buffets buys over the past year at a lovely discountshapesalad
- then hold for 10+ years.shapesalad
- What shape salad saidsarahfailin
- Seconded, what sarahfailin said...keewee
- biggest drop this year for the DOWsarahfailin
- No one knows. If it was that easy, there'd be a lot more super wealthy people. That said, having cash on hand is a good idea.formed
- You can't time a market, but you can buy value.formed
- err0
Ok I'm a child and have no idea how to buy sell stocks.
What do you guys use?
And you can't just buy and sell like they do on tv right? You have to pick stocks and leave your money in there for a while right?
- Im sure there are youtube vids all about this.CygnusZero4
- I don't trust anything on youtube
when it comes to investing.err - I use ScoTTrade, trades are $7 ea, almost 'live' ticker, trade from home. Yes, pick Blue Chips for the long haul.ghandolf
- You use a stock brokerage. Set up an account and you can buy immediately. No need to have money in there for awhile that I am aware of.monospaced
- You can buy without having any money actually. You place the order and then pay the bill once the trade order is filled, depending on how you placed it.monospaced
- e-trade. $10.00 commission so you don't want to constantly buy and sell.teh
- Only invest money that you could stand to lose.stoplying
- Gnash3
This is a good one:
http://www.epicurious.com/recipe…
- pockets3
here is some entertainment on the subject:
- shapesalad0
She used to work in VFX... many similarities to design industry, it sucked, so now full time trader:
Yeah.. it's my aim too. I can click a mouse button twice and make some money, buy/sell.
Or I can click it 1000 times and the client/cd/marketing team etc still have another idea or amend they want to through at it...
- *to throw at it.shapesalad
- her name is shortycuntsted
- https://www.youtube.…sted
- she's one of the real ones yeahgrafician
- Karen also teaches good stuff for newbs
https://www.youtube.…grafician - Ross also good
https://www.warriort…grafician - ross is not good, just chasing stocks with high relative vol. all hype.shapesalad
- better: https://www.youtube.…shapesalad
- lol@trendwhore channels.
https://www.youtube.…sted - shape trading high volume stocks is actually the way to go lol
but no, stocks are boring, try forex, etfsgrafician - yeah sure, oh man what do you know.
name one you ever traded in your pathetic life, show the trading log now. or shut the fuck up forever.sted - lol sted who tf cares about your opinion
also "do your own research"grafician - also sted just for the record, try to look at all my posts, see if any is bullshit
just because you don't like me doesn't mean I'm wronggrafician - screenshot.sted
- so when you ask "oh man what do you know" well obviously I know a lot about a lot of things
don't you? :)grafician - not that hard if you aren't a piece of shit lair who hides behind cowardliness when gets called out.sted
- anyway I'm out, you're boringgrafician
- the fact that you can't name a single index eft makes this funny from the beginning.
yeah better run.sted - lol what
bro the page is full of stock ideas
if you didn't get the memos go do something else with your timegrafician - fuck cares about those days old copypastas, and the shit what was already on sec.report.sted
- screenshot.sted
- here I'm watching gj uj nz cad
fuck your etfs lolgrafician - that drop on cad a few days ago made more money than that shitty shiba coins lol
idiots downvote me cuz they're idiots, not cuz I know moregrafician - a day old
maybe cuz most the users here live a day late in the US lol
you being in AUS would make a lot of cash, but apparently you don't k howgrafician - also yes, any smart person would post their best ideas on a public forum for idiots - to downvote lol
grow upgrafician - still insisting the downvotes have nothing to do with you being a cunt ... insanemonospaced
- but I will give you a very precious tip: look for shorts in anything moving at least a year ahead :)
quick ex ARKgrafician - ah yes monoboo discovered this discussion and jumped in cuz it's me involved
lol
yeah monoboo I'm fine with being a cunt
are you fine with being an idiot?grafician - well if you don't have anything serious to add, jog on monoboo, just do yougrafician
- screenshot.sted
- The woman in this video makes some fair observations about the VFX industry but other comments are very exaggerated. Are they really making minimum wage?CyBrainX
- I haven't seen any job postings that are minimum wage.CyBrainX
- drgs0
"Since 2012, the U.S. Federal Reserve has targeted inflation at 2% as measured by PCE inflation. Keeping inflation low is one of the Federal Reserve's dual mandate objectives, along with stable, low unemployment levels. Inflation levels of 1% to 2% per year are generally considered acceptable, while inflation rates greater than 3% represents a dangerous zone that could cause the currency to become devalued."
- It was 5.4 in September and already 4.04 annualised already so what are you talking about?grafician
- I dont knowdrgs
- Is the US Federal Reserve and US Inflation really on the radar of everyday european citizens like yourselves?monospaced
- @drgs repost to America is fucked please lolgrafician
- yes, because the $ is still dominant in international trade and if the gringos can't afford European export goods our industries get fucked.uan
- @monospaced it affects the entire fucking world you idiot, the $ is the primary reserve currencygrafician
- @uan not really, top US trade partners are Mexico, Canada and Chinagrafician
- US trades very little with EU countries, mostly Germany, France, Netherlands, Ireland and formerly UKgrafician
- but $ is reserve currency of the world so even if the US is not involved directly in transactions, the prices are still in $ mostlygrafician
- also commodities' prices like gold, oil etc. are also based on $grafician
- Why you can’t answer without being an insulting arrogant cunt I do not know.monospaced
- Obviously we affect the global economy to some extent. I’m not an idiot and that wasn’t what I was asking.monospaced
- It was a yes or no question and you start mansplaining all this tangential shit, assuming nobody knows already. Condescending af dude.monospaced
- Go back to the kids table please, you have no word in this thread anymore asking arrogant gringo questionsgrafician
- Tired of explaining to you everything like to a 5 yo
You said you were over 40, act like it ffsakegrafician - Your question was insulting, as you always ask insulting questions "what's you business knowing stuff about the US"
I'm not arrogant, YOU AREgrafician - Also the fact that many around here know a lot more about your fucking country than you do, makes you an idiot in any adult discussiongrafician
- Next time google the fucking answers
And yes, I'm calm, this is how Europeans talk with idiots on the regulargrafician - Also check your snarky tone in those fucking comments, I'm not bobo or pr2 you can trash around
Be smart and show respect, and you'll get it backgrafician - - runs multiple agencies
- crypto and us stockmarket expert
- expert in medical science and global trading
- voice of all Europeans
@mono show some respectsted - lol i can't hold it,@grafician you're such a retarded idiot that it makes bobo or pr2 a genius. you demand respect after getting triggered by a simple question?sted
- here is some respect: in the last year you insulted almost everybody here who haven't agreed with you. lashed out several times about downvotes on your posts.sted
- every single time producing indirect symptoms of an inferiority complex.
there is no way for you to get that acceptance you're demanding.sted - and not because of you, its because of how this place responds to these types of individual expectations.sted
- sted you keep thinking this place is something important and you bigshots lol
I hang around for the occasional laughgrafician - the fact you can't distinguish sarcasm from real talk most of the times it's funny af
not to mention basic tone, basic factsgrafician - oh well keep dreaming you're validating anybody with your opinions lol
qbn is an interesting online social experiment, way better than facebook at this pointgrafician - other than that, as the going "if you lay down with pigs, better be prepared to get dirty" or something like that
lolz all the waygrafician - rationalization is a kind of retreat which no one cares about, apologies are a widely accepted currency to break even.sted
- i don't have to validate anything, this place does itself it's your delusional mind what can't accept it and looks for a single target.sted
- this clown still thinks he knows more, and I was asking an honest question ... you don't know more than me, you weird euro bro.monospaced
- Literally nothing you've mansplained like captain fucktard obvious is new to me. Not a single thing. That's just you being a condescending asshole.monospaced
- I ask if it's normal for eastern europeans to follow the US Federal Bank decisions, and you go off like an idiot about what the Fed does, like I don't know.monospaced
- _niko1
Question for the stock geniuses on here from a dunce
If I purchase shares in a company, and that company pays dividends it makes sense. Company profits, I own shares and I get a corresponding piece of that profit.
But for companies that don't give dividends, why does my stock share have value or why does it fluctiuate?
Is it strictly for buybacks? or takeovers?
so if I bought shares for $1 and that company does well and now my shares are $100 and some company swoops in to purchase said company, they'd have to pay their shareholders $100/share (or more)
which makes sense, but how about a company like apple who are valued so high that takeovers are impossible, what's the end game for investors other than trading it back and forth in perpetuity?
- Stock prices fluctuate based on supply demand. The end game is to buy/sell in ways that you desire. Dividends are independent of stock price.monospaced
- If a company buys another company, they don't pay shareholders for the shares they own.monospaced
- The only way to profit from stock is to sell it at a profit. Dividends are cool, but typically not very significant.monospaced
- I don't really understand dividends either. They're very low and I have them automatically reinvested into each stock to avoid being taxed.CyBrainX
- Owning stock in a company just means you own a portion of that company. That's it.nb
- A dividend is simply when a company decides to distribute some of it's earnings to owners (shareholders) rather than re-investing it back in the companynb
- *itsnb
- Ok wait so a company issues stock for cash, they use that cash and the company grows, it makes sense then that if the stock price increases then they_niko
- Are compelled to buy your stock back and the investor makes a profit. Is that the case? If I own stock in a company they have to buy it back if I want them to?_niko
- In my mind stocks were traded on an open market amongst investors like trading cards which is where the disconnect was for me_niko
- But wait, because if the stock value isn’t necessarily the company value, or a company’s cash or assets, there is no way for them to have to buy back shares_niko
- A stock buy back is a specific thing. They can’t just buy back stock from individuals. You’re selling through a brokerage to other buyers.monospaced
- You aren’t even buying the stock from the company all. Not unless they give you stock as compensation.monospaced
- yeah the more I read into not the more absurd it is. It's just like trading cards or crypto, the value of a stock goes up & down on peoples whims and fancies._niko
- It's not JUST like trading cards or crypto, but you're not way off. The price of the stock is what the market (investors) thinks the company will be worth.nb
- So, if investors think the company is undervalued, the stock goes up. If they think the company is overvalued, it goes down.nb
- But it's not just "whims." Investors are usually analyzing some data like maybe annual revenues, market capitalization, performance, etcnb
- There is some level of "whims" in the stock market, for sure. No one could argue that perception isn't a factor. But it's not just a bunch of nonsense.nb
- This is why all publicly traded companies have to publish annual reports of how business did and a prospectus on where they think it’s going.monospaced
- Plus public shareholder meetings and sometimes quarterly reports. This way it’s NOT just a whim. It’s business.monospaced
- drgs0
Sinic Holdings today, Chinese property developer
- Margin call in 3...2....grafician
- Daaaaaaaammnmonospaced
- Its happanengdrgs
- wylie coyote like chartshapesalad
- It’s only a flesh woundGnash
