Makar | 1,946 Posted August 31, 2021 Share Posted August 31, 2021 Just now, Deadeye said: I have one, $MCOA...has not been doing well. Maybe bring your luck? Yea that’s a marijuana stock. That craze came and went pretty quickly. GRSO and CBDL are other dirt cheap pot stocks. here’s my list from low to high. There are way more than these but these are the cheap of the cheap. FTEG GNCP CBDL EWLL RBNW RETC TMGI INCT MDCN BDGR QBAN PRPM ONCI CZNI HCMC GRSO GTEH Link to comment Share on other sites More sharing options...
Brickman | 3,993 Posted September 14, 2021 Share Posted September 14, 2021 (edited) Monthly lithium update and another solid gain for lithium prices. Pilbara tonight completed their second auction for their extra supply. Sold for $2240us dmt (8000 tonnes sold). This is for SC5.5% quality so not even their best stuff (that is SC6%). Overall Lithium Spodumene is sitting at the mid range of $1175US per dmt although that will probably shoot up after tonight’s auction. I am mainly sticking with Australian Lithium miners right now for the following reasons: - Stable government compared to South America and Africa - One of the top countries with lithium supply - Has companies mining now with large mines. - Prefer hard rock mining vs brine extraction common in South American lithium deposits. Currently holding Pilbara (asx: pls) and Liontown Resources (asx: ltr). I also have Albemarle (nyse: alb) on my watch list and might pick some of them up for a bit of diversity. I believe lithium will continue to have a great last quarter for the year. 2022 will most likely see further supply constraints with the US and Europe starting to ramp up EVs so we should see around a further 100% lithium price gain short of some sort of black swan event. I’ll post my next update towards the end of the year. Lots of upside still left in lithium and if you can’t get into Aussie stocks check out the lithium ETFs such as LIT. Edit with press release: Edited September 14, 2021 by Shmup 1 Link to comment Share on other sites More sharing options...
Daniel_Doyce | 475 Posted September 28, 2021 Author Share Posted September 28, 2021 I've increased my liquidity significantly in light of the Evergrande crisis. There seems to be a consensus among their and our elite "intellectual" "expert" class that their gov't can contain the contagion and is being totally honest about it... Sound familiar? It's a good time to rebalance anyway, so I'll sit tight for a few weeks and see how big of a shitstorm it's going to be. Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted September 28, 2021 Share Posted September 28, 2021 On 8/30/2021 at 7:55 PM, DoctorEncore said: I'm going big into SOFI now that the meme hype has settled. The stock took a beating after the last earnings report due to a big paper loss and revenue drop. Student loan refinancing is their biggest money maker so their bottom line was really hurt by pandemic student loan forbearance. That should be ending sometime in the next 6-12 months, so things are looking up. They're also growing their user base extremely fast with expansion into banking and other financial products. I kind of look at them like a mini-Square with a ton of upside. As long as the stock stays flat, I'm going to be buying shares, selling puts, and selling OTM covered calls. SOFI went up from about 13.75 to 17.75 since I posted that message. I had it called away at 16 for a nice profit, but I'm still selling 20 puts every week. I like this stock a lot. 1 Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted September 28, 2021 Share Posted September 28, 2021 2 hours ago, Daniel_Doyce said: I've increased my liquidity significantly in light of the Evergrande crisis. There seems to be a consensus among their and our elite "intellectual" "expert" class that their gov't can contain the contagion and is being totally honest about it... Sound familiar? It's a good time to rebalance anyway, so I'll sit tight for a few weeks and see how big of a shitstorm it's going to be. September and October are already the yearly killing fields, so this China stuff isn't helping. There are a couple Chinese stocks I'd love to get into (NIO, BABA), but timing entry is gonna be tricky. Link to comment Share on other sites More sharing options...
Brickman | 3,993 Posted September 28, 2021 Share Posted September 28, 2021 2 hours ago, Daniel_Doyce said: I've increased my liquidity significantly in light of the Evergrande crisis. There seems to be a consensus among their and our elite "intellectual" "expert" class that their gov't can contain the contagion and is being totally honest about it... Sound familiar? It's a good time to rebalance anyway, so I'll sit tight for a few weeks and see how big of a shitstorm it's going to be. I’ve been holding out buying too much for the last month so I’ve got some capital ready to deploy. I’m also going to hold off for a few weeks to see where we head, no rush to jump in right now. I’m still thinking there might be a Santa rally despite all the chaos right now. Link to comment Share on other sites More sharing options...
Brickman | 3,993 Posted October 6, 2021 Share Posted October 6, 2021 Anyone loading up during this dip? Any sector/stock looking like better value now? Link to comment Share on other sites More sharing options...
Kguillemette | 1,545 Posted October 8, 2021 Share Posted October 8, 2021 Toast just went public, I didn't even know! Easily the best POS system for restaurants I've ever used. I know more than a few places have made the jump from lesser POS systems like POSitouch and Micros(both suck). Down 7% since ipo, I'll be keeping an eye on it. Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted October 9, 2021 Share Posted October 9, 2021 On 10/6/2021 at 3:09 PM, Shmup said: Anyone loading up during this dip? Any sector/stock looking like better value now? No changes in strategy for me. Just lots of SoFi and Square puts and calls. Take the premiums and roll them right back into those stocks. 1 Link to comment Share on other sites More sharing options...
Brickman | 3,993 Posted October 9, 2021 Share Posted October 9, 2021 6 hours ago, Kguillemette said: Toast just went public, I didn't even know! Easily the best POS system for restaurants I've ever used. I know more than a few places have made the jump from lesser POS systems like POSitouch and Micros(both suck). Down 7% since ipo, I'll be keeping an eye on it. I’m interested in this company too. There are so many rubbish POS systems out there so if these guys have nailed a system they could be huge. They seem a little expensive vs the financials but I’ll be watching them to see where they go over the next few months. Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted October 9, 2021 Share Posted October 9, 2021 September/October is the perfect time for an IPO of a company you like. Should get a nice little drop and make the stock more affordable. 1 Link to comment Share on other sites More sharing options...
phart010 | 1,707 Posted October 11, 2021 Share Posted October 11, 2021 On 8/18/2021 at 12:02 AM, ThePhleo said: If there’s a way to bet on another lockdown anytime between now and February 1, I’d be willing to throw $1000 on it. Bet on lockdown by shorting businesses that depend on customer presence Link to comment Share on other sites More sharing options...
Aguy | 773 Posted October 13, 2021 Share Posted October 13, 2021 Any insight on Stanley Black & Decker? I've been watching it for the past month, waiting for it to hit $175. It's been sliding for the past 5 months, from $220 in May, but now I'm thinking it hasn't bottomed out yet. Link to comment Share on other sites More sharing options...
zoiks66 | 72 Posted October 17, 2021 Share Posted October 17, 2021 (edited) I like that this thread is on page 46 and yet not one of you that has commented has any idea how to interpret a corporate balance sheet in order to calculate a valuation for a company. Instead you just regurgitate things you saw in a meme on WSB on Reddit. Stonkz! Edited October 17, 2021 by zoiks66 1 1 Link to comment Share on other sites More sharing options...
Brickman | 3,993 Posted October 17, 2021 Share Posted October 17, 2021 44 minutes ago, zoiks66 said: I like that this thread is on page 46 and yet not one of you that has commented has any idea how to interpret a corporate balance sheet in order to calculate a valuation for a company. Instead you just regurgitate things you saw in a meme on WSB on Reddit. Stonkz! I doubt you read all 46 pages because you have no idea what you’re talking about. People like Jonebone were in GME and doing DD before WSB even were talking about it. DoctorEncore is an options guy and has given a lot of info in that space. For this whole year I’ve done a running commentary on my lithium play. Pretty easy for you to come in and say people know nothing. How about you give us your DD and we’ll see how you’re sitting in a year. 1 Link to comment Share on other sites More sharing options...
zoiks66 | 72 Posted October 18, 2021 Share Posted October 18, 2021 (edited) On 10/17/2021 at 2:50 PM, Shmup said: I doubt you read all 46 pages because you have no idea what you’re talking about. People like Jonebone were in GME and doing DD before WSB even were talking about it. DoctorEncore is an options guy and has given a lot of info in that space. For this whole year I’ve done a running commentary on my lithium play. Pretty easy for you to come in and say people know nothing. How about you give us your DD and we’ll see how you’re sitting in a year. Thank you for proving my point in a quality summary fashion. Anyone talking about DD while not referring to bra size is a bona fide WSB autist. Edited October 18, 2021 by zoiks66 1 1 Link to comment Share on other sites More sharing options...
Kguillemette | 1,545 Posted October 18, 2021 Share Posted October 18, 2021 1 hour ago, zoiks66 said: Thank you for proving my point in a quality summary fashion. Anyone talking about DD while not referring to bra size is a bona fide WSB autist. As a self admitted novice to retail investing, I welcome you, a person apparently much more knowledgeable than myself, to engage the community at large in a positive manner to help guide those of us with a genuine interest at improving. In other words, being a positive influence on those around us. 2 Link to comment Share on other sites More sharing options...
Daniel_Doyce | 475 Posted October 19, 2021 Author Share Posted October 19, 2021 zoiks, I guarantee I can evaluate an insurance company's stock and their financial condition better than you can. I don't invest in industries I don't understand unless I'm just dicking around with a few grand. I think most people here are just talking about what they're investing in or generally shooting the shit. Feel free to add to the discussion with some detailed analysis if you want, but there are plenty of other forums to discuss stock valuation if you aren't happy here. 3 Link to comment Share on other sites More sharing options...
doner24 | 1,196 Moderator · Posted October 19, 2021 Share Posted October 19, 2021 16 hours ago, zoiks66 said: Thank you for proving my point in a quality summary fashion. Anyone talking about DD while not referring to bra size is a bona fide WSB autist. Meh, if anything was proved this year, it’s that there are multiple ways to look at investing. I have multiple accounts, and invest them in different ways. 1 is a “safer” play account, based on DD of company financials. My fun account is based off of technical analysis of charts, and swings plays based on WSB and I’ve never made more money off of stocks in my life. Link to comment Share on other sites More sharing options...
phart010 | 1,707 Posted October 21, 2021 Share Posted October 21, 2021 Anyone see what’s going on with DWAC 1 Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted October 22, 2021 Share Posted October 22, 2021 (edited) 2 hours ago, phart010 said: Anyone see what’s going on with DWAC I'm fuming right now. I saw the news last night, contemplated buying at $12 premarket, and actively chose not to. Missed out on 400% profits. I hate stocks. As for actually plays... WISH premiums shot way up after yesterday's big gains, so I played the $7.50 call for next week. I sold COIN at 300 today for a nice profit and have a SQ call at 262.5 for tomorrow which is going to be a close one. It's been a fantastic couple weeks for me. I'm also still selling weekly puts on SoFi and sold my first put on BABA (170). I think it's probably okay to get back into Chinese stocks at this point. Edited October 22, 2021 by DoctorEncore Link to comment Share on other sites More sharing options...
phart010 | 1,707 Posted October 22, 2021 Share Posted October 22, 2021 (edited) 27 minutes ago, DoctorEncore said: I'm fuming right now. I saw the news last night, contemplated buying at $12 premarket, and actively chose not to. Missed out on 400% profits. Do you think it still has room to grow? Is it going to be a new platform with a huge following, or is it just a publicity stunt that will get abandoned? Edited October 22, 2021 by phart010 Link to comment Share on other sites More sharing options...
Aguy | 773 Posted October 22, 2021 Share Posted October 22, 2021 16 minutes ago, phart010 said: Do you think it still has room to grow? Is it going to be a new platform with a huge following, or is it just a publicity stunt that will get abandoned? Yes. Link to comment Share on other sites More sharing options...
DoctorEncore | 3,691 Posted October 22, 2021 Share Posted October 22, 2021 9 hours ago, phart010 said: Do you think it still has room to grow? Is it going to be a new platform with a huge following, or is it just a publicity stunt that will get abandoned? No. I think it will crash down to the $10-$15 range within a few days. But I clearly don't know anything about anything haha. 1 Link to comment Share on other sites More sharing options...
arch_8ngel | 1,597 Posted October 22, 2021 Share Posted October 22, 2021 33 minutes ago, DoctorEncore said: No. I think it will crash down to the $10-$15 range within a few days. But I clearly don't know anything about anything haha. No telling how soon it would drop, but I agree the long term prospect seems dubious, since it isn't particularly clear how they would make money, unless they are running paid subscription. It just seems like a brand gamble to affiliate a business with that particular platform by paying for advertising. Link to comment Share on other sites More sharing options...
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