Economy stonks v18, stimutacs

BRK.B is like the ultimate boomer stock at this point. I'm up 14% YTD. Another one of my better performing stocks, surprisingly, is Waste Management WM. Up 13% YTD. It's a good year for them.
 
44nutman said:
Yeah the way to play now is blue chips baby. Take your dividends and accumulate.
I think you not going to see the run up on speculation like you were 6 months ago.
Boomer investing is where its at now. I am playing close to the chest now. Not gambling at all. Last gamble put 9 meters up my ass, so I am sticking to companies that have an actual track record of making money. I see it playing this way for a little while.
I am like Knish in Rounders, just trying to grind money. Nothing sexy or fun about grinding. NO rockets to the moon, just steady small gains. I am playing for retirement and make my money to pay my bills with my business.
Once again I am just some tard that posts on a karate forum, so what do I know.
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This. But I'm still holding crap like ACTC, AMPG, and CHPT that I'm just hoping to get closer to even so I can just dump. Everything else I'm holding I'm good with and pay dividends except DKNG and AMD. Also holding some small bios that I think could pop eventually.
 
Revolver said:
This. But I'm still holding crap like ACTC, AMPG, and CHPT that I'm just hoping to get closer to even so I can just dump. Everything else I'm holding I'm good with and pay dividends except DKNG and AMD. Also holding some small bios that I think could pop eventually.
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I got a few dogs, right now, that I am willing to wait out but all my boomers are in the green today. Also not averaging down the dogs, will just let them marinate.
$T, $APL, $MSFT, $GE, $F.
All but $F pay dividends but I average $7.86 in $F. There has been rumblings that $F will bring the dividend back, but the CEO is too smart for that BS right now. They are trying to figure out a way to gain a foothold in the EV market(that said having battery issues with the EV Mustang that are fixable but still an issue), and have gotten lean in the mean time. There truck and SUV divisions are money, so they are focused on that as they should be. If the CEO can keep the Ford relatives from fucking shit up, he should be able to turn them around. $F is another long play of mine. They are selling more cars in China and should beat Q1 earnings. Thinking about playing some earning calls on them, but the chip shortage is scaring me some. Earnings is 04/28 but have to do a deeper dive over the weekend .
 
44nutman said:
I got a few dogs, right now, that I am willing to wait out but all my boomers are in the green today. Also not averaging down the dogs, will just let them marinate.
$T, $APL, $MSFT, $GE, $F.
All but $F pay dividends but I average $7.86 in $F. There has been rumblings that $F will bring the dividend back, but the CEO is too smart for that BS right now. They are trying to figure out a way to gain a foothold in the EV market(that said having battery issues with the EV Mustang that are fixable but still an issue), and have gotten lean in the mean time. There truck and SUV divisions are money, so they are focused on that as they should be. If the CEO can keep the Ford relatives from fucking shit up, he should be able to turn them around. $F is another long play of mine. They are selling more cars in China and should beat Q1 earnings. Thinking about playing some earning calls on them, but the chip shortage is scaring me some. Earnings is 04/28 but have to do a deeper dive over the weekend .
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I had a ton of GE that I had bought last year and had held being down big. I sold it off once it hit $11 for a 20% gain. At that time I didn't see it much of a grower and the dividend was nothing so just dumped it. I also had BA and felt they both would trade the same way. I think BA hits $300 eventually this year.
 
Revolver said:
I had a ton of GE that I had bought last year and had held being down big. I sold it off once it hit $11 for a 20% gain. At that time I didn't see it much of a grower and the dividend was nothing so just dumped it. I also had BA and felt they both would trade the same way. I think BA hits $300 eventually this year.
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$GE CEO is a Rockstar and he has built in his pay stock incentives. He makes an ass load if he can bring it back to $20/share, and the assload gets progressively bigger when he reaches $30,etc.
He is what I like to call properly incenticized. (not sure if that is even a word). They had some bad luck with Covid and Boeing crashing fucking planes.
The dividend is garbage,.01/Share but like $F they are a long play.
Before Culp took over $GE had too many frying pans and not enough burners. Culp ate some costs on some none profitable divisions, got lucky and sold a few, and $GE is now lean again. Hell $GE does not even sell lightbulbs anymore
I made some money on some calls on $GE a couple months ago. I am in $GE at $7.07 average.
I will hang out until I get my $20 a share(Just like Culp) and will reevaluate then.

Side note, I am playing the dividend game in this current market. Know any good ones?
 
brackis1 said:
This is a snapshot of a dozen+ SPAC stocks I have but I'm only showing a chart of their 52 week averages, with the dot being current price.
Basically I'm saying: I am not trying to get over my skis on new fully priced open-market stocks, but SPACs trade at basically $10 till they find a merger, so each as upside on a good merger deal, but are going to sit as-is until then.

Click to expand...


Merger? I thought SPACs are parent companies to be that do acquisitions.
 
44nutman said:
$GE CEO is a Rockstar and he has built in his pay stock incentives. He makes an ass load if he can bring it back to $20/share, and the assload gets progressively bigger when he reaches $30,etc.
He is what I like to call properly incenticized. (not sure if that is even a word). They had some bad luck with Covid and Boeing crashing fucking planes.
The dividend is garbage,.01/Share but like $F they are a long play.
Before Culp took over $GE had too many frying pans and not enough burners. Culp ate some costs on some none profitable divisions, got lucky and sold a few, and $GE is now lean again. Hell $GE does not even sell lightbulbs anymore
I made some money on some calls on $GE a couple months ago. I am in $GE at $7.07 average.
I will hang out until I get my $20 a share(Just like Culp) and will reevaluate then.

Side note, I am playing the dividend game in this current market. Know any good ones?
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Yea I know all about the new ceo. Just didn’t want to sit around and wanted to buy more BA and DKNG. Both of which I’m up huge.
 
Oh damn big deal for MSFT.
https://www.cnbc.com/2021/04/11/mic...to-buy-speech-recognition-company-nuance.html

This is why in this market it is still important to only short shit that is likely to do offerings and/or use offerings to make acquisitions and not things that can be takeout targets themselve.
Bitcoin settled back a bit from +4 to +2% intraweekend off that Musk pump; will be curious to see how that compares to say QQQ futures.

In other news, apparently I'm just a miserable person who "buys puts and roots for demise" now according to lurkers flaming me elsewhere <Lmaoo>
 
KeepingItReal said:
Merger? I thought SPACs are parent companies to be that do acquisitions.
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it's a "reverse merger". The SPAC entity is normally only a fraction of the size of the company they bring public.

ex: floating mystery pool of money (SPAC) on public market worth 500mil (50mil shares @ $10/share ipo) will merger with a co between 2-10 billion in value.
 
brackis1 said:
Oh damn big deal for MSFT.
https://www.cnbc.com/2021/04/11/mic...to-buy-speech-recognition-company-nuance.html

This is why in this market it is still important to only short shit that is likely to do offerings and/or use offerings to make acquisitions and not things that can be takeout targets themselve.
Bitcoin settled back a bit from +4 to +2% intraweekend off that Musk pump; will be curious to see how that compares to say QQQ futures.

In other news, apparently I'm just a miserable person who "buys puts and roots for demise" now according to lurkers flaming me elsewhere <Lmaoo>
Click to expand...
$16B deal should easily drive 3-6bps!
 
brackis1 said:
Oh damn big deal for MSFT.
https://www.cnbc.com/2021/04/11/mic...to-buy-speech-recognition-company-nuance.html

This is why in this market it is still important to only short shit that is likely to do offerings and/or use offerings to make acquisitions and not things that can be takeout targets themselve.
Bitcoin settled back a bit from +4 to +2% intraweekend off that Musk pump; will be curious to see how that compares to say QQQ futures.
Click to expand...

i didn't look into this at all, is nuance really that big of a deal? i'll check late tonight, anyway, i guess...

brackis1 said:
In other news, apparently I'm just a miserable person who "buys puts and roots for demise" now according to lurkers flaming me elsewhere <Lmaoo>
Click to expand...

lolz. clearly, people very familiar with short-selling.
 
brackis1 said:
it's a "reverse merger". The SPAC entity is normally only a fraction of the size of the company they bring public.

ex: floating mystery pool of money (SPAC) on public market worth 500mil (50mil shares @ $10/share ipo) will merger with a co between 2-10 billion in value.
Click to expand...

Interbadasting, so they don't outright buy the company? Or they do but get a bank loan to pay for the rest of the company?
 
KeepingItReal said:
Interbadasting, so they don't outright buy the company? Or they do but get a bank loan to pay for the rest of the company?
Click to expand...
It's a merger.
They don't get the whole thing; the private merges in as part of the deal with a large stake in the newly public entity.
Sometimes depending on the negotiated deal other private PIPE funding can join the merger to make the numbers fit better and get in at the ipo-equivalent price.
When you buy a spac before merger you're just buying shares of the investment pool that is negotiating with private co's and betting the management team of the SPAC fund will make a good deal and/or be of value to the private co's ambitions.

Benefits:
-additional famous leaders
-cheaper than IPO in fees for private co
-Publicity
-Product aligned with youthful spac investors
 
re: msft and nuance...

i'm most surprised by how little msft has paid for their acquisitions over all the years. for a company as gigantic as msft, i find it crazy that the most they ever spent was $27B, and for linkedin. this is the 2nd biggest (16B), really?

that seems so tiny, especially given how much hardware companies cost/spend in m&a (ie: xlnx ~$35B, arm ~$25B [i don't think this happening, though] and intel's mobileye, altera, etc and etc).

i know margins can be crazy in software... but damn.
 
brackis1 said:
It's a merger.
They don't get the whole thing; the private merges in as part of the deal with a large stake in the newly public entity.
Sometimes depending on the negotiated deal other private PIPE funding can join the merger to make the numbers fit better and get in at the ipo-equivalent price.
When you buy a spac before merger you're just buying shares of the investment pool that is negotiating with private co's and betting the management team of the SPAC fund will make a good deal and/or be of value to the private co's ambitions.

Benefits:
-additional famous leaders
-cheaper than IPO in fees for private co
-Publicity
-Product aligned with youthful spac investors
Click to expand...

Copy, thanks for the explanation!
 
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