Economy stock talk v7, meme stocks go up

[brackis1]

well, took advantage of the pretty big tsm dip (4-5% is massive for them, they're low beta) to load up on more and sold puts for next week.

i guess i should be thankful that the talking heads got this so wrong. these morons think that huawei was/is a primary customer of tsm's and like i said, some of these idiots thought that tsm was chinese (as in, ccp/mainland). i can't tell if they don't know what the T in tsm stands for... or if they simply think that taiwan is part of the ccp... either way, fucking idiots.

shit, even if huawei was a huge customer, it just means more bookings for amd and nvidia. these tards don't even know that tsm's been at 100% capacity (and will remain so, they're literally the best)

Yeah I think the idea is that there will be an retaliatory effect perhaps? I dont have any fucking clue tho lol.
Made a surprise 1% after hrs flipping a bunch of wells fargo on 13forms coming out for major investors. Overall down 1.1% from my ATH for the week which slightly beats the market, tho that's still pretty poor considering I was over half cash.

 

[rob mafia]

Yeah I think the idea is that there will be an retaliatory effect perhaps? I dont have any fucking clue tho lol.

kinda, but that's broad and has little to do with semis (china's semis suck). tsm is basically king shit of fuck mountain, in terms of fabs. they can dictate their own terms/etc (and have been). there's nothing china can really do to retaliate, short of invading taiwan (lolz).

 

[brackis1]

Shill Lebeau on CNBC to yet again do a piece about Tesla and their search for a new factory like this is some incredible story.

 

[plataoplombo]

If you're into REITS look at "O" . They took a big hit with the pandemic but with everyone itching to open back up their value can only increase. Right now they're at $50 but was trading around $73 with a 5.5% dividend. They also pay out monthly.

 

[rob mafia]

If you're into REITS look at "O" . They took a big hit with the pandemic but with everyone itching to open back up their value can only increase. Right now they're at $50 but was trading around $73 with a 5.5% dividend. They also pay out monthly.

maybe. i mean, they got hammered because they're in real estate/rentals.

 

[brackis1]

If you're into REITS look at "O" . They took a big hit with the pandemic but with everyone itching to open back up their value can only increase. Right now they're at $50 but was trading around $73 with a 5.5% dividend. They also pay out monthly.

Expecting these companies to continuing to pay a dividend in this environment is risky af. Wait for them to declare it gone and then the stock might rise.

 

[rob mafia]

Expecting these companies to continuing to pay a dividend in this environment is risky af. Wait for them to declare it gone and then the stock might rise.

O's nothing without their dividend. it's basically their gimmick, they pay out monthly.

 

[Cuzcatlan]

Anyone have any stocks they've been totally slaughtered on lately one way or another? Usually the best time to play them.
I put a small bet on Coty the other day on KKR financing deal and the thing has been dropping like nothing I've seen. Might be upping it.

I bought calls for expiring on 06/19 for ACB at the 3.00 strike. They kept going down and now did a reverse split so the options are worthless now.
Lost a cool $300

 

[rob mafia]

I bought calls for expiring on 06/19 for ACB at the 3.00 strike. They kept going down and now did a reverse split so the options are worthless now.
Lost a cool $300

it's only another 200+% from the current price, you can do it!

 

[rob mafia]

ouch @ cash gang today.

 

[rob mafia]

it's only another 200+% from the current price, you can do it!

lolz! this is actually a possibility now.

 

[brackis1]

lolz! this is actually a possibility now.

It's totally nonsensical that multiple therapies would get such enormous boosts. Looks like CNBC is now entertaining this Sorrento shit lol.

Very fortunate my shorts going into the weekend were mostly WFH stocks (Zoom and Slack)
I did have some volatility and surprised that's only down 8%

 

[rob mafia]

It's totally nonsensical that multiple therapies would get such enormous boosts. Looks like CNBC is now entertaining this Sorrento shit lol.

Very fortunate my shorts going into the weekend were mostly WFH stocks (Zoom and Slack)
I did have some volatility and surprised that's only down 8%

that was actually about aurora $3 (before the reverse split) calls.

 

[brackis1]

Jesus christ CNBC and Cramer going "take the red pill, Musk has a hilarious new meme"
What a fucking insane idiocratic world we have become.

 

[Ophydian]

Oh hi Moderna, look at you exploding

 

[44nutman]

Aurora is going crazy today. I really missed that run. They are up 8 bucks today

 

[rob mafia]

Aurora is going crazy today. I really missed that run. They are up 8 bucks today

i mean, even if i didn't sell at the split, there's no way i would have held past friday.

 

[brackis1]

I'm trying to read PCG right now.
It seems like they're going to emerge from BK and could rip up to maybe $20 from their $12 pricing, but they're gonna have to issue stock to fund their fire victims so it's really a matter of dilution vs. valuation. Up 7% since I got in Friday.

 

[BIKES!]

Airlines on fire que?

 

[brackis1]

Airlines on fire que?

Yup just enthusiasm that they will survive.
I'm sad I didn't hold DAL longer today.

Gold miners down 4%ish so I think I might re-enter. Will protect inflation and if covid measures are lifted theyll be able to produce (hopefully not flooding the market?)