OT: Stock and Investment Thread

Dec 4, 2010
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https://www.washingtontimes.com/news/2021/jan/29/nancy-pelosis-big-tesla-stock-buy-raises-ethics-qu

So which is it?

I'm not a fan of Pelosi but let's get the facts straight. Personally I think all members of Congress and their immediate families should be banned from buying individual stocks and be limited to index funds only. Both Democrats and Republicans made money getting early info on Covid last year.
And it's not like Biden going all in on EVs came out of the blue. He's been talking about it since he launched his campaign.
 

rurahrah000

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For those interested in risk arbitrage, I would look into purchasing APHA. APHA and TLRY are in agreement to merge at an unspecified date (maybe April or May of 2021). 1 share of APHA will convert to ~0.84 shares of TLRY. At the close today APHA was trading at $14.74 and TLRY at $23.49. APHA trades at a $6 discount. That is wide. APHA can go up to catch up to TLRY; TLRY could go down; both go down, with TLRY going down faster than APHA. Merger could also get cancelled, although there are a lot of cannabis stocks out there. My guess (only my personal guess) is that APHA will go up. I would buy APHA.
 
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mdk02

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Aug 18, 2011
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You don’t think 2.8 million people could trade that? Reddit’s Wall Street Bets has 8 million people registered. 20% of them could easily trade that volume.

You mean do I think roughly 35% of their subscribers would be willing to take a loss to stick it to "the man" ?

No.
 
Oct 21, 2010
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You mean do I think roughly 35% of their subscribers would be willing to take a loss to stick it to "the man" ?

No.
No but the reason GME and AMC went down is because they are still restricting buys. If you limit the buy side but have unlimited sell side, stock has only one place to go. I don’t care I will buy in again GME at a lower price.
 

RU05

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Jun 25, 2015
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Because they need to maintain minimum reserves before a contra party will lend them shares to give to their customers to sell short. Anyone can call themselves a broker and cross their own internal orders and call it "after hours". But when they need to settle all those trades, they have to follow the same laws all the other players have to follow.
So the customer is not buying directly off the market? What is this contra party thing? And why are the shares short?

Or are you just talking stocks that are lent for the purpose of shorting? In which case I'd ask why not just limit the shorting of stocks while allowing typical buying?
 

Jtung230

Heisman
Jun 30, 2005
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Just saw on Bloomberg that Portnoy tweeted that he had "officially sold all my meme stocks. I lost 700K ish".

Samy Char, chief economist at Banque Lombard. "The markets can be very irrational in the short term, but at some point we do believe that in the medium to long term, the market gets back to trading closer to the fundamentals. If these stocks are in the end not companies that will generate a viable quality trend of profits, then investors that want to buy them at some point will shrink." Exactly
He blamed RH. Only if they allowed him to buy more, he would’ve lost a cool million.
 

T2Kplus20

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May 1, 2007
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So the customer is not buying directly off the market? What is this contra party thing? And why are the shares short?

Or are you just talking stocks that are lent for the purpose of shorting? In which case I'd ask why not just limit the shorting of stocks while allowing typical buying?
BTC over 36K, ETH still over 1500. HIVE and ARGO up nicely! Been researching Galaxy Digital and will likely add soon (which will replace BLOK). Decided BLOK is a great reference tool to see what they are buying, but won't generate enough growth for this portfolio. LOL.

So, I will be going to crypto war with:
GBTC - 45%
ETHE - 40%
HIVE - 5%
Argo - 5%
Galaxy - 5%
 
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RU05

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For those interested in risk arbitrage, I would look into purchasing APHA. APHA and TLRY are in agreement to merge at an unspecified date (maybe April or May of 2021). 1 share of APHA will convert to ~0.84 shares of TLRY. At the close today APHA was trading at $14.74 and TLRY at $23.49. APHA trades at a $6 discount. That is wide. APHA can go up to catch up to TLRY; TLRY could go down; both go down, with TLRY going down faster than APHA. Merger could also get cancelled, although there are a lot of cannabis stocks out there. My guess (only my personal guess) is that APHA will go up. I would buy APHA.
APHA up 17% today. TLRY up 22%.
 

RU05

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BTC over 36K, ETH still over 1500. HIVE and ARGO nicely up! Been researching Galaxy Digital and will likely add soon (which will replace BLOK). Decided BLOK is a great reference tool to see what they are buying, but won't generate enough growth for this portfolio. LOL.

So, I will be going to crypto war with:
GBTC - 45%
ETHE - 40%
HIVE - 5%
Argo - 5%
Galaxy - 5%
HIVE was the biggest winner amongst the miners in my crypto portfolio today. Only have a tiny position there but have to give credit to you on that one.
 

RU05

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OK, then keep an eye on PLL, GPRO and XONE. My guru that I follow recommended these and all have been very profitable for me. GPRO reports earnings Thursday after hours.
PLL is the lithium company that hooked up with TSLA in Sept and is up more then 5x since, I felt I was too late in the $20's, it's now in the 50's. Still pre rev's, but with the TLSA deal that will certainly be moving in the right direction. Still a sub Billion dollar market cap.

When looking at these pre rev company's in these sectors that are set for huge growth, it's smart to be in on one that has a contract in place with an industry leader.

Have to check into the other 2.

Edit: GoPro? I don't know, are they making anything new? Cause I feel the first gopro movement is over.

Would have been nice if you would have given us a heads up on XONE in early Jan when it was $10. Currently up around $33.
 
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T2Kplus20

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HIVE was the biggest winner amongst the miners in my crypto portfolio today. Only have a tiny position there but have to give credit to you on that one.


I really like HIVE because their financials look better than RIOT and MARA and they are mining a lot of ETH as well. I don't know why they didn't pop to $20 like RIOT and MARA. Perhaps because they are a Canadian company and investors just saw the others as easy choices. I don't think they did their HW. It was just a knee-jerk buy everything crypto at that time.
 

RU05

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Yet Pfizer is down for the day.
Unlike the smaller companies, the big Pharma's have not traded at all with positive vaccination news. I guess the thought is this barely moves the revenue needle for the likes of PFE, while for someone like MRNA, their rev's are going from 60 million in 2019 to 10.5 billion in 2021. PFE's rev's have been and are projected to remain flat.
 
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RU05

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I really like HIVE because their financials look better than RIOT and MARA and they are mining a lot of ETH as well. I don't know why they didn't pop to $20 like RIOT and MARA. Perhaps because they are a Canadian company and investors just saw the others as easy choices. I don't think they did their HW. It was just a knee-jerk buy everything crypto at that time.
OTC factor?
 

T2Kplus20

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May 1, 2007
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The big Pharma's have not traded at all with positive vaccination news. Unlike the small pharma's such as MRNA. I guess the thought is this barely moves the revenue needle for the likes of PFE, while for someone like MRNA, their rev's are going from 60 million in 2019 to 10.5 billion in 2021. PFE's rev's have been and are projected to remain flat.
+1
Really Big Pharma moves like a super cruise ship. This is good and bad. Probably bad for growth-minded shareholders, but good for employees like me that have LTI programs based on company stock (gives us confidence that we will get what the original award is). Don't work for PFE, but one of the other super biggies.
 

T2Kplus20

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May 1, 2007
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OTC factor?
I assume so. Same with Argo, even though their financials have only recently started to pop. But once they get rolling, I'm sure it will be fun.

HIVE and Galaxy are on the Toronto SE and Argo is the the London SE.
 
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RUAldo

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Musk’s lawyer probably told him to take a break after tweets about GameStop, Bitcoin, Signal, etc. sent shockwaves. His minions hang on his every word.
 
Oct 21, 2010
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PLL is the lithium company that hooked up with TSLA in Sept and is up more then 5x since, I felt I was too late in the $20's, it's now in the 50's. Still pre rev's, but with the TLSA deal that will certainly be moving in the right direction. Still a sub Billion dollar market cap.

When looking at these pre rev company's in these sectors that are set for huge growth, it's smart to be in on one that has a contract in place with an industry leader.

Have to check into the other 2.

Edit: GoPro? I don't know, are they making anything new? Cause I feel the first gopro movement is over.

Would have been nice if you would have given us a heads up on XONE in early Jan when it was $10. Currently up around $33.
I just bought XONE @28. I think it is going higher. A spac just bought a 3D private print co. With not as good of product line up as xone for $1.8 billion. Xones valuation is only $600 million. Plenty of upside left in an industry that is still in its infancy.
 
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T2Kplus20

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I just bought XONE @28. I think it is going higher. A spac just bought a 3D private print co. With not as good of product line up as xone for $1.8 billion. Xones valuation is only $600 million. Plenty of upside left in an industry that is still in its infancy.
XONE is part of the ARKQ portfolio. I'm sure they are predicting plenty of growth for it.
 
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T2Kplus20

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Speaking of ARK, interesting interview with Cathie Wood on Reddit and shorts:



Also on EVs, Bitcoin, and Tesla:

 
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Scarletnut

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I just bought XONE @28. I think it is going higher. A spac just bought a 3D private print co. With not as good of product line up as xone for $1.8 billion. Xones valuation is only $600 million. Plenty of upside left in an industry that is still in its infancy.
I bought XONE a few months ago at 16, still own it. I agree it’s got a lot of growth left in it. I also had DDD at 12, sold it at 9 due to my impatience. It’s now at 39 over the same time period
 
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RU05

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Keep an eye on SNDL up 100% since Thursday, pulled back yesterday on news of issuance of new stock, but it has bounced right back.

Think it was one of the stocks the RH restricted last week.

Small cannabis company that did not partake in the cannabis run in 2020.
 

RU05

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I like that ARK is in on XONE, I like that the market cap is tiny, I like that their price to sales is very reasonable when compared to some other high growth stocks.

But I look at their revenue growth over the past 5 years, and their expected revenue growth? Just not that impressive.
 

RU05

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Jun 25, 2015
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I just bought XONE @28. I think it is going higher. A spac just bought a 3D private print co. With not as good of product line up as xone for $1.8 billion. Xones valuation is only $600 million. Plenty of upside left in an industry that is still in its infancy.
Well it's already at $34 so you're doing all right.
 

Rutgers Chris

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Nov 29, 2005
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Keep an eye on SNDL up 100% since Thursday, pulled back yesterday on news of issuance of new stock, but it has bounced right back.

Think it was one of the stocks the RH restricted last week.

Small cannabis company that did not partake in the cannabis run in 2020.
In at 1.06. It looks like it caught some of the sell off from people thinking it was just a squeeze play. Definitely has some potential to run.
 

patk89

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I bet many of the Reddit crew have never heard of Blodget. Guy was a semi-celeb back in the day.