Economy Stock Market chat. Discuss everything from Musk to iPhone

[JonesBones]

 

[JonesBones]

Bought more Tesla. Only have 6 shares total though. I just hope to swing for a quick 50 or so. Make ten or so on each. Or maybe stay long on a couple till 300.

 

[JonesBones]

weed stocks getting slaughtered

 

[brackis1]

weed stocks getting slaughtered

Yeah it's pretty wild how affiliated their swings are these days.
To me shows that people are afraid the house is cards.

Holding my PGE off this friggin Notre Dame fire because I'm hoping it will evoke fire related sympathy even further lol

 

[JonesBones]

Yeah it's pretty wild how affiliated their swings are these days.
To me shows that people are afraid the house is cards.

Holding my PGE off this friggin Notre Dame fire because I'm hoping it will evoke fire related sympathy even further lol

Yes, one stock with a bad report makes them lose faith in the entire space

I was wondering if this fire would help volatility. The guys who play volatility are hilarious. They want bad news. Some tragedy or international incident. They profit from chaos.

 

[JonesBones]

Some more news today: levi got a nice bump from a few analysts and Amazon killed Spotify by announcing something about streaming music.

 

[brackis1]

Some more news today: levi got a nice bump from a few analysts and Amazon killed Spotify by announcing something about streaming music.

Yeah I was bummed, I shorted Spot for a week and was flat, now this. Prolly go back in on it.

 

[brackis1]

Grabbing some UNH pre-earnings. Too cheap not to throw a raffle ticket at.

 

[JonesBones]

Grabbing some UNH pre-earnings. Too cheap not to throw a raffle ticket at.

And if it crashes just buy more.

 

[brackis1]

And if it crashes just buy more.

Hah true.

Shorting SFBS and buying WTFC for some bank earnings bets.

 

[brackis1]

Shorted a bit of JB Hunt after hours @ $102. Price already depressed but hoping for an XPOesque dump off earnings miss before it rebounds.

 

[JonesBones]

I'm spreading out. Emerging markets. China, Japan, India, etc. Gonna get some Asian ETFs. Africa too. The last frontier. A lot of these pay decent dividends too.

Here is one example. VPL


Name Symbol % Assets
Samsung Electronics Co Ltd 005930.KS 2.68%
Toyota Motor Corp 7203 2.18%
AIA Group Ltd 01299.HK 1.72%
Commonwealth Bank of Australia CBA.AX 1.32%
BHP Group Ltd BHP.AX 1.21%
SoftBank Group Corp 9984 1.13%
Mitsubishi UFJ Financial Group Inc


VWO:

Name Symbol % Assets
Tencent Holdings Ltd 00700 4.51%
Alibaba Group Holding Ltd ADR BABA 3.96%
Taiwan Semiconductor Manufacturing Co Ltd 2330.TW 2.07%
Naspers Ltd Class N NPN.JO 1.70%
China Construction Bank Corp Class H 00939 1.48%
China Construction Bank Corp H 00939 1.48%
Taiwan Semiconductor Manufacturing Co Ltd ADR TSM.TW 1.41%
Industrial And Commercial Bank Of China Ltd Class H 01398 1.12%
Industrial And Commercial Bank Of China Ltd H 01398 1.12%
China Mobile Ltd



both have div yields of 2.7% and great expense ratios.

 

[brackis1]

Asia not a bad idea.

I'm tempted to really bottom feed on a former loser of mine: BRS (helicopter providers for offshore drilling transport, emergency evacs etc...) announced a delay on paying a loan interest payment and their shit tanked AH down 45% to 0.6
But in the PR they stated 200 mil in liquidity and were looking for funding, so Trying to figure out if they're delaying Bankruptcy and looking for bagholders, or if this is a stupidly cheap stock with current market cap of under 40 million after trading closer to a billion earlier in the year and 40% short of float (meaning an absurd pop if this survives).
I really don't see why they would pay to put this on the newswire if it was truly bad bankruptcy news and not a shakeout piece. Anyone want to take a look without my familiarity-bias?
https://www.prnewswire.com/news-releases/bristow-provides-financial-update-300832364.html

edit: damn would have already made over 20% from .59 to .72 -_--

 

[brackis1]

I also came to the realization (too late sadly) that the discount retailers really do benefit from brick and mortar because they can get away with something online retailers aren't/can't at the moment: price discrimination. They can price by lot or store, state, region etc... without consumers noticing discrepancies.
Ollis up today and Burlington back well above its earnings drop. Think I'm gonna grab a little Olli still or something similar.

 

[asdffdsa]

For those that believe there is a case for investing in copper Excelsior Mining has pretty good potential. They are currently building an in situ mine in Arizona and are scheduled to produce copper around the end of the year. This is a low cost process and their AISC is somewhere around $1.40/pound.

 

[brackis1]

For those that believe there is a case for investing in copper Excelsior Mining has pretty good potential. They are currently building an in situ mine in Arizona and are scheduled to produce copper around the end of the year. This is a low cost process and their AISC is somewhere around $1.40/pound.

I was thinking about that. I'm flat on some swing gambles on TRQ which is a long term copper play.

This stock you're mentioning tho is tiny and I'm not sure willing to touch.

 

[JonesBones]

I also came to the realization (too late sadly) that the discount retailers really do benefit from brick and mortar because they can get away with something online retailers aren't/can't at the moment: price discrimination. They can price by lot or store, state, region etc... without consumers noticing discrepancies.
Ollis up today and Burlington back well above its earnings drop. Think I'm gonna grab a little Olli still or something similar.

You can buy some stuff from Burlington online but nothing from Ollies. I think it is illegal or something to sell at those prices online. It has to be sold in stores.

Here is a recent article on the CEO. It may be getting a little overpriced.

https://www.forbes.com/sites/abramb...ng-online-but-is-beating-amazon/#4aaaf95c50d5

 

[brackis1]

You can buy some stuff from Burlington online but nothing from Ollies. I think it is illegal or something to sell at those prices online. It has to be sold in stores.

Here is a recent article on the CEO. It may be getting a little overpriced.

https://www.forbes.com/sites/abramb...ng-online-but-is-beating-amazon/#4aaaf95c50d5

It might be, but it could get an upgrade like 5Below, which I thought was overpriced and has run another 10%

 

[asdffdsa]

I was thinking about that. I'm flat on some swing gambles on TRQ which is a long term copper play.

This stock you're mentioning tho is tiny and I'm not sure willing to touch.

It is a smaller, unhedged copper play, so it is more risky than some options. It is liable to have significant swings between now and the end of the year, but I think the mid/long term risk to reward is very good based solely on the project's economics. Their feasibility study assumes a price of $2.75/lb and we are around ten percent higher than that at the moment. There is expected to be a supply deficit when they begin producing. They also appear to use conservative numbers in terms of recovery relative to Taseko's in situ mine, which is apparently showing good preliminary results. Worth keeping an eye on come November/December. It might be smarter to wait until then, but I got the FOMO.

 

[JonesBones]

It might be, but it could get an upgrade like 5Below, which I thought was overpriced and has run another 10%

Planet Fitness hit another all time high today. You may want to look into Etsy too. I think you said before Etsy isn't special or something but you also said the same about Ollies before. All these are Cramer favorites. Ollies, Etsy and 5 Below.