Economy stonks v24, snakes in the ukraine

[Gas121]

VRM is looking way too tempting here. Wondering the same on LOTZ. Horrific slaughters at all time lows.
I could honestly see this being one of those AMC "distressed investment" things.
Along with RAD.

Sadly I was in other less lucrative shorts, but lol @ these rubes who said buy on GME above 200.
Will be interesting to see if they bounce.

VRM down 95% in a year. It’s been priced for bankruptcy.. Used cars in general have been murdered the worse in this market. CVNA, CZOO, LOTZ, SFT are ugly stocks. But yeah it could be a worth punt. I think SFT based on the financials could survive and do well. Still holding in my long term investment albeit down -52% lulz.

 

[brackis1]

VRM down 95% in a year. It’s been priced for bankruptcy.. Used cars in general have been murdered the worse in this market. CVNA, CZOO, LOTZ, SFT are ugly stocks. But yeah it could be a worth punt. I think SFT based on the financials could survive and do well. Still holding in my long term investment albeit down -52% lulz.

SFT is well off its lows which is why I'm not ready to get my ass beat in it yet, but would be happy to be wrong for yall. I hold a few shares just to follow.

 

[Gas121]

SFT is well off its lows which is why I'm not ready to get my ass beat in it yet, but would be happy to be wrong for yall. I hold a few shares just to follow.

Agree I would not buy around here yet. I’ll wait for the 1.60ish before taking a stab at a swing trade.

Today is looking seriously ugly. No signs of a bottom ugh..

 

[44nutman]

$VRTX over $275

 

[G-19]

Historically it goes inverted yield first....then market top....then the actual recession.

We got the inverted yield so there should be a top in the next 2 months to a year. We had an insane run from the lows of mid march...now we gotta go retest or possibly make a lower low.

Short term bearish
Mid term bullish
Long term....extremely bearish.

I agree, which is why sometimes it’s better to be lucky than good. I’m sitting on cash for now so we’ll see what happens. I am short term bearish but do see a solid 10% play here. Just waiting for a signal. I think long term is going to be hit and miss. Growth stocks and small caps have had their teeth kicked in so just sit and wait.

 

[Revolver]

I hit PFE $54 calls from open and took a 30% gain. Same calls are up over 500%. lol

 

[HOLA]

Buffett buying HPQ, eh? $4.2 billion for 11.4% of the company. Looks like HP has been engaged in some serious buybacks. Shares outstanding:

2017: 1,702
2018: 1,634
2019: 1,524
2020: 1,420
2021: 1,220
TTM: 1,170

 

[rob mafia]

Buffett buying HPQ, eh? $4.2 billion for 11.4% of the company. Looks like HP has been engaged in some serious buybacks. Shares outstanding:

2017: 1,702
2018: 1,634
2019: 1,524
2020: 1,420
2021: 1,220
TTM: 1,170

i find it funny that the fud of the week for semis is 'slow pc!' and then buffet buys a pc maker and it hits a 20+ year high.

meanwhile, amd has a peg of 0.93 and are apparently horrible because forecasted pc slowdown.

 

[44nutman]

i find it funny that the fud of the week for semis is 'slow pc!' and then buffet buys a pc maker and it hits a 20+ year high.

meanwhile, amd has a peg of 0.93 and are apparently horrible because forecasted pc slowdown.

I want to get some $AMD for under $100. Buy back the shares I sold for $115 a while back. Thought I blew it with that sale, because it ran to $160 but profit is profit.

 

[rob mafia]

I want to get some $AMD for under $100. Buy back the shares I sold for $115 a while back. Thought I blew it with that sale, because it ran to $160 but profit is profit.

might want to start a smaller position now - tsm reports their monthly in a few hours and their 'merican quarterly is next week (also, devinder mentioned buying at $100). but i dunno, this market's nuts.

in theory, tsm's #s should stabilize/boost amd's sp (and if they're getting an earnings run, it would be soon). unless they're actually bad. but that would be a surprise.

 

[kahiljabroni]

Closed most of my puts mid day...market is oversold atm.. hoping for meaningful bounce today and maybe into tomorrow to reset some puts


Anybody understand why enph suddenly has retard strength?

 

[rob mafia]

Anybody understand why enph suddenly has retard strength?

because i sold it to focus on a different solar stock.

 

[44nutman]

Closed most of my puts mid day...market is oversold atm.. hoping for meaningful bounce today and maybe into tomorrow to reset some puts


Anybody understand why enph suddenly has retard strength?

$Beem and $ISun are both up so it just might be the sector.
I have been in and out of $BEEM for the last 2 years. I like the idea of solar charging EV stations. Just dont know if they can make money. They will be reliant on Government buys, and thought Build Back Better would pass and would get Boat and Ho's monies. Right now I have made canoe money, with no Ho's.
I have a small position is $ISUn, have sold some of my position a while back, it was a gamble play, and willing to flip the bail on what I have left . They are also a solar charging EV station but seemed further behind and less resources, than $BEEM.
Meant to add, I have made a higher % off $ISUN but less total monies.

 

[aerius]

$Beem and $ISun are both up so it just might be the sector.
I have been in and out of $BEEM for the last 2 years. I like the idea of solar charging EV stations. Just dont know if they can make money. They will be reliant on Government buys, and thought Build Back Better would pass and would get Boat and Ho's monies. Right now I have made canoe money, with no Ho's.

The math doesn't work for solar EV charging stations. I've costed it out before and it works out to something like $250k of solar panels to charge a single EV per hour. If you can wait around and let it charge all day it drops the solar panel cost to around $30k for the panels, then add in the rest of the parts and it's about $70k per installation. Assuming electricity costs 10 cents per kwh gives break-even at 20 years or so compared to charging from the grid. This is assuming it's sunny and there's cars charging on it every day of the year, which of course ain't happening in the real world. 20 years is also the expected useful life of most solar panels.

In short, solar fast charging doesn't cost out, period, and all-day charging only works in sunny places with high electricity costs like California or Hawaii. It's a niche that depends on government buys & subsidies along with corporations or people with more money than sense who want to virtue signal their greenie shit.

 

[44nutman]

The math doesn't work for solar EV charging stations. I've costed it out before and it works out to something like $250k of solar panels to charge a single EV per hour. If you can wait around and let it charge all day it drops the solar panel cost to around $30k for the panels, then add in the rest of the parts and it's about $70k per installation. Assuming electricity costs 10 cents per kwh gives break-even at 20 years or so compared to charging from the grid. This is assuming it's sunny and there's cars charging on it every day of the year, which of course ain't happening in the real world. 20 years is also the expected useful life of most solar panels.

In short, solar fast charging doesn't cost out, period, and all-day charging only works in sunny places with high electricity costs like California or Hawaii. It's a niche that depends on government buys & subsidies along with corporations or people with more money than sense who want to virtue signal their greenie shit.

There low end model goes for about 62k+/-..
Beam Global’s EV Arc Solar Charging Stations Land on GSA Schedule (designnews.com)

 

[kahiljabroni]

because i sold it to focus on a different solar stock.

Wish u didn't do that

 

[rob mafia]

The math doesn't work for solar EV charging stations. I've costed it out before and it works out to something like $250k of solar panels to charge a single EV per hour. If you can wait around and let it charge all day it drops the solar panel cost to around $30k for the panels, then add in the rest of the parts and it's about $70k per installation. Assuming electricity costs 10 cents per kwh gives break-even at 20 years or so compared to charging from the grid. This is assuming it's sunny and there's cars charging on it every day of the year, which of course ain't happening in the real world. 20 years is also the expected useful life of most solar panels.

In short, solar fast charging doesn't cost out, period, and all-day charging only works in sunny places with high electricity costs like California or Hawaii. It's a niche that depends on government buys & subsidies along with corporations or people with more money than sense who want to virtue signal their greenie shit.

not that i'm defending beem/etc, but some panels are good for 40 years and also have better efficiencies. also, there's no need for it to be JUST solar.

i know total has been putting up gas/charging stations in europe that have a good deal of solar integrated.

 

[kahiljabroni]

$Beem and $ISun are both up so it just might be the sector.
I have been in and out of $BEEM for the last 2 years. I like the idea of solar charging EV stations. Just dont know if they can make money. They will be reliant on Government buys, and thought Build Back Better would pass and would get Boat and Ho's monies. Right now I have made canoe money, with no Ho's.
I have a small position is $ISUn, have sold some of my position a while back, it was a gamble play, and willing to flip the bail on what I have left . They are also a solar charging EV station but seemed further behind and less resources, than $BEEM.
Meant to add, I have made a higher % off $ISUN but less total monies.

Yeh I think its time they join in on the pain most of the market is experiencing

 

[rob mafia]

Wish u didn't do that

well... me, too.

honestly, brackis and i are probably fucking retarded... we were both in enph when it crashed to $40 during a short report (hindenberg?). i wish i just kept some and sat on it. but i also never quite understood why the market LOVES enph while not liking any other solar much, if at all.

 

[Boxiana]

not that i'm defending beem/etc, but some panels are good for 40 years and also have better efficiencies. also, there's no need for it to be JUST solar.

i know total has been putting up gas/charging stations in europe that have a good deal of solar integrated.

I’ve looked at NPVs for large new build solar projects. Useful life of the equipment is 20-30 years, 50% of the NPV is in the last 10 years.

Take away free money and these are high risk investments, unless electricity prices double which may well happen of course.