OT: Stock and Investment Thread
- Thread starter RU05
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The Koss family obviously were long time holders. Did a hedge fund make $700 million on Koss? If so, they must have gotten in at $60. Fools and their money.
BTW, I'm all in favor of shopping locally.
I mentioned TYME earlier, John Negarian mentioned two other oncology plays in AGEN and VERU who he notes have unusual options activity. The latter 2 are up 20% today, TYME is down 30%, but as I mentioned TYME doubled yesterday, and pulled back today after issuance of new stock.
Would have been real impressive if they rode it up, and then shorted it on the way back down.
yes, dumb investments are rewarded and smart money loses. That’s the world we live in.
They set themselves up as a prime target of a short squeeze.
I read $29B. Good luck Tesla. Just wait until all the folks in the Midwest, Rust Belt states, etc. start buying up Ford and GM EVs.
Again, you don’t short squeeze something that’s going to zero. The reason is, you can squeeze it up but give it back trying to realize the gains. The only way to do it is by convincing people you shouldn’t care about losing money to create liquidity on the way down. How much did GME lose this week? Who do you think lost all that money?
I’d be careful - the RH traders, hedge funds, and CNBC talking heads are heavy on Tesla. But, obviously timing is everything in investing and once it finally breaks it will fall off a cliff.
APPLE near a deal with Hyundai as well to make an autonomous car. So competition coming from all sides.
Now these EV debate should not be about who will win 100% of the market. Because no one will. TSLA is still the dominant player in a fast growing sector. They also are the most insular, in terms of making their own chips, making their own batteries, mining their own lithium. Their cap is probably too high but I think the business will continue to do well.
I know I'm a frequent CNBC defender, but there are plenty of people on CNBC who think TSLA is too expensive. Those people tend to be very bullish on GM, though imo FORD is right there in the mix as well.
Keep waiting for all those people who were prevented from buying GME a week ago at ridiculous levels to thank the checks/balances in our financial system. But you will never read about it. They are free to buy today in the 50's. Dollar cost averaging? No thanks. Still overpriced.
HAIL up big today, IDRV a little down for some reason. Overall, another nice day.
I checked out those semiconductor ETFs (SMH, SOXX, and XSD). I believe SOXX has the best portfolio, but I have many of these stocks covered in other funds (HAIL, IDRV, and ARKK). Likely will chill on this for the moment and monitor.
The kindest thing I can say was their philosophy was: "If it's worth doing It's worth overdoing."
And if you read the WSJ article it was likely it was not going to zero, although it was a troubled business.
That money gotta go somewhere!
I hear there might be a revival of interest in jojoba bean futures
Shhhhhh. Actually it is, but I'm afraid of giving anyone ideas.
I think there's one Blockbuster store still open, I believe somewhere in the NW US.
There is. In Oregon. And the stock of the bankrupt company surged 2000% briefly a few weeks ago.
Fools and their money. But they probably think they stuck it to the man.
Kramer was negative on Tesla forever but out of nowhere he changed his tune and the stock skyrocketed. The hedge funds piled in once they realized the RH traders were buying the stock hand over fist. Same with Disney. RH traders love the stock b/c they grew up watching Disney movies and going to the parks. Parks are closed. Cruises docked. Movie theaters empty. Licensing revenue dead. Dividend wiped out. Stock doubles - can’t make this crap up. And while Disney+ is putting up good subscriber numbers they are bleeding money.
How many people do you think are actually choosing what stocks to buy for reasons like that? The old timers seem to still think that millennials are children running around toy stores.
Well wait until the millennials find out about the new trading app Public.
Think of venmo and robinhood having a kid and this is what you get.
Trade a stock and share it with everyone with comments.
Think of venmo and robinhood having a kid and this is what you get.
Trade a stock and share it with everyone with comments.
Wiping out the dividend is just smart business considering the covid restrictions. They did pretty well cutting costs in general and have been able to survive through this pretty well. I really like Disney given the Disney+ angle plus reopening.
GM and Ford actually have their own technology. Not sure they are willing to give full control to Apple. Kia on the other hand. I think it’s a perfect marriage.
It doesn't sound exclusive to Hyundai so they can switch if they want. The cars will be built in Ga to, so it's built in the US even if it's not a US company.
I think Ford just partnered with MSFT? Would be interesting to know what behind the scene's negotiations were going on.
Ya the CNBC guys were explaining it as Apple brings the name and the tech, Hyundai does the work.
The F-150 doesn't need Apple.