Economy Stock market chat v3: Tesla crashes

[JonesBones]

I'm a fuckin tard. I bought Live person at like 27.45 earlier in the day. It dropped to 26.75 or something and went to add more. Except I accidentally hit sell instead of buy. So I just locked in a loss and used up a day trade.

 

[fordman7795]

I'm a fuckin tard. I bought Live person at like 27.45 earlier in the day. It dropped to 26.75 or something and went to add more. Except I accidentally hit sell instead of buy. So I just locked in a loss and used up a day trade.

<{CMPALM}>

 

[JonesBones]

oh, and Lulu has earnings tomorrow after bell. They are really trying to appeal to male customers. Solid stock regardless.

 

[JonesBones]

I'm back into Beyond Meat at 131.

 

[brackis1]

LOL dave and busters down big after hours. Didn't have any action on it but should have known better after seeing them desperately selling passes on Groupon and shit

 

[JonesBones]

Mattel up 8% after hours. People want to buy them. lol at this guy saying the company sucks while keep trying to buy them and keeps getting told no

Mattel rejects another merger bid from rival MGA Entertainment


Mattel Inc. again has rejected an unsolicited merger offer from rival toymaker MGA Entertainment Inc.

Isaac Larian, founder and chief executive of privately held MGA, said Tuesday that last month he renewed his offer to merge the companies. He made his initial overture a year agoand contends Mattel’s problems have worsened since then.

“They’re not delivering. Look at the results,” Larian said in an interview.

Mattel, based in El Segundo, makes the iconic Barbie doll, as well as Fisher-Price toys, Hot Wheels cars and American Girl dolls.

Chatsworth-based MGA’s brands include L.O.L. Surprise, Little Tikes and Bratz dolls. Its financial results aren’t public, but Larian said MGA’s annual sales top $2 billion.

Larian again did not propose a specific price for publicly held Mattel, saying an investment banker or other outside party could help determine an appropriate figure. But he said that “absolutely” it would be at a premium to Mattel’s current market price.

 

[brackis1]

Regretting not buying TSLA going into their jonestow...errr investors meeting.

 

[PEB]

 

[brackis1]

Watching it.
Hilarious to watch a bunch of lookalike dweebs bust out their iphones to take fucking videos of the CEO as he walked out and then hoot and hollar at basic phrases.
A true fucking cult. Ended up grabbing a hundred shares at 218 to flip to some goobers.

 

[PEB]

Watching it.
Hilarious to watch a bunch of lookalike dweebs bust out their iphones to take fucking videos of the CEO as he walked out and then hoot and hollar at basic phrases.
A true fucking cult. Ended up grabbing a hundred shares at 218 to flip to some goobers.

"Spoken like total twat".
JB the man with the vision now with maxwell acquired they will reduce the size of the battery production due to reduction in the chemicals used in the production of the car batteries. JB people where "short sellers" passing around a rumor that JB was on sabbatical but here he is and I believe they are working on lowering battery production costs. The Gigafactory 3 is going up very quickly and planning on production in Sept with Model 3 being the focus. Elon has a firm grasp of what he wants to achieve and will have a longer timeline but not unusual given the fact that Audi and Jaguar have already recalled almost all their cars they shipped due to battery issues. Is there problems of course but you talk to the people from Porsche "Who I have talked to" look at what Tesla has achieved are impressed. They talk about the time and money they spent just on developing their motor technology never mind the batteries. You know you're doing something right when a UAE leader owns his own supercharger on his property and he plunked down 350K for that option and he owns a few Tesla's.

 

[brackis1]

"Spoken like total twat".
JB the man with the vision now with maxwell acquired they will reduce the size of the battery production due to reduction in the chemicals used in the production of the car batteries. JB people where "short sellers" passing around a rumor that JB was on sabbatical but here he is and I believe they are working on lowering battery production costs. The Gigafactory 3 is going up very quickly and planning on production in Sept with Model 3 being the focus. Elon has a firm grasp of what he wants to achieve and will have a longer timeline but not unusual given the fact that Audi and Jaguar have already recalled almost all their cars they shipped due to battery issues. Is there problems of course but you talk to the people from Porsche "Who I have talked to" look at what Tesla has achieved are impressed. They talk about the time and money they spent just on developing their motor technology never mind the batteries. You know you're doing something right when a UAE leader owns his own supercharger on his property and he plunked down 350K for that option and he owns a few Tesla's.

That's quite the wall of text. Some UAE oligarch buying a supercharger is like trying to claim Jai Alai is going to be a world popular sport.

On the call Musk is pivoting to talking about Starlink which isn't even Tesla. Shows you how much the Q&A session is just Musk fanbois asking him about all his products and ignoring company fundamentals.
Bought at 218 and sold at 228 so I'll let them believe for now. I really do admire some of the underlying tech and the car, but theguy is skuzzy.

 

[PEB]

That's quite the wall of text. Some UAE oligarch buying a supercharger is like trying to claim Jai Alai is going to be a world popular sport.

On the call Musk is pivoting to talking about Starlink which isn't even Tesla. Shows you how much the Q&A session is just Musk fanbois asking him about all his products and ignoring company fundamentals.
Bought at 218 and sold at 228 so I'll let them believe for now. I really do admire some of the underlying tech and the car, but theguy is skuzzy.

What is the problem he was asked a question if Starlink could be useful to Tesla given the way Tesla cars and future trucks have such a significant connectivity. That being said a lot of people where wondering if this Starlink technology could help Tesla. He ruled it out because Starlink requires hardware that just did not make sense for cars. People are trying to see if there are ways that Tesla could improve profitability and reduce costs by reducing 3rd party connectivity like ATT being used for Tesla cars. I think ATT is giving Tesla a sweet deal while Tesla grows their customer base. ATT locks people in as customers overtime.

 

[brackis1]

I'm back into Beyond Meat at 131.

Jesus you got lucky that this thing is up premarket after catching that knife. Congrats, but I'd eject!

 

[JonesBones]

 

[brackis1]

WOAH I literally came here to mention this after randomly checking that stock lol

 

[JonesBones]

Starbucks hits another 52 week high. It will crash. Like an animal popping its head out of the bush, gonna get its head shot off. I got my hand on the pump.

 

[brackis1]

lol damn made a few % but lol @ TXMD.
Cramer pumped it @ $4 weeks ago, then someone called in again to ask about it yesterday and he told them to give up.... and sure enough popped 7% today

I really should have stayed in my LoveSac short lol; down another 8%.

 

[JonesBones]

Lulu red. May be a good swing if you buy now and sell end of day. Earnings after bell. They have a good record. CNBC just reminded me their stock goes up 88% of the time after earnings. Still, it is only 50-50 and I wouldn't load up on it.

 

[JonesBones]

Tesla gone red. lol

 

[JonesBones]

omg chewy is being spun off and going public. this is like the amazon of pet food and supplies. I am buying

Investor interest is rising in the initial public offering of Chewy.com (CHWY), which raised the price range for shares on Wednesday. The Chewy.com IPO expects to begin trading Friday.


An online retailer of pet food and supplies, Chewy.com was spun off from privately held PetSmart, a retailer with more than 1,600 stores. PetSmart acquired Chewy.com in 2017 for a reported $3.35 billion. PetSmart never publicly disclosed the acquisition price and continues to hold a majority stake in the company.

The IPO price range now goes to $19 to $21 each, up from $17 to $19. The company plans to offer 41.6 million shares, which would raise $832 million at the $20 midpoint.

IPO research and advisory firm IPO Boutique said that, according to underwriter guidance, the deal is "multiple times oversubscribed." That suggests the request for shares among institutional investors is higher than what's being allotted.

Chewy.com IPO Filing
"Since our launch, we have created the largest pure-play pet e-tailer in the United States, offering virtually everything a pet needs," the company said in the Chewy.com IPO filing.

In 2018, Chewy reported revenue of $3.5 billion, up 67% from the prior year. It showed a net loss of $268 million. About 42% of revenue comes from sales of pet food. Another 22% comes from supplies and medicine, and 25% from vet care. The rest comes from pet services and live animal sales.

Brokers plan to price shares in the Chewy.com IPO Thursday and begin trading Friday. It will trade on the New York Stock Exchange under the ticker CHWY. The lead underwriters are Morgan Stanley and JPMorgan.