Talking Stocks 2.0

[What’s The Time]

https://www.bloomberg.com/news/artic...direct-listing

Stubhub is planning to enter the market at a rumored and whopping 13b. Can’t wait to see the numbers as to what puts it’s valuation there. I have a feeling this will bring some great awareness to SEAT

[What’s The Time]

Originally Posted by What’s The Time

https://www.bloomberg.com/news/artic...direct-listing

Stubhub is planning to enter the market at a rumored and whopping 13b. Can’t wait to see the numbers as to what puts it’s valuation there. I have a feeling this will bring some great awareness to SEAT

Adding on to this. Remember Stubhub was sold by eBay for 4B in Nov 2019, months before the industry had its worst possible year. I’m baffled at the potential 13B valuation frankly and very curious to see where this leads.

[RidingDonkeys]

SOFI hitting a 52-week low...damn. I thought I was getting in cheap at $15.

Sent from the voices in my head and transcribed by their drinking buddy.

[huncho]

Originally Posted by RidingDonkeys

SOFI hitting a 52-week low...damn. I thought I was getting in cheap at $15.

Sent from the voices in my head and transcribed by their drinking buddy.

yeah it's crazy. i saw a post showing they're hiring people to support margin and options features so likely that's coming soon as well as the bank charter. i'm hoping maybe earnings can give it a nice catalyst to move back up

[MrGoat]

I’m just sitting here patiently waiting for my TYDE to show up in my account.


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[logo]

Big volume in COTY the past few days. Wonder if it’s KKR unloading its final shares?

Getting destroyed everywhere.

[Uggi]

NET is a bargain at this level - that’s one positive at least.

[logo]

Originally Posted by Uggi

NET is a bargain at this level - that’s one positive at least.

That is true lol. With 650M Rev this year and 50% YoY growth trajectory (with CEO statements that every penny goes back into growth for the next several years), it puts their forward 2022 PE at 30. I’m comfortable with that.

[huncho]

Originally Posted by logo

That is true lol. With 650M Rev this year and 50% YoY growth trajectory (with CEO statements that every penny goes back into growth for the next several years), it puts their forward 2022 PE at 30. I’m comfortable with that.

it also depends on what the new normal is/will be for PE and P/S, etc and how forward looking the market will be this year and going forward. i used to consider sq one of the more overvalued growth stocks and it had a P/S between 10-15. now it has a P/S of 5.8 and there's still no bottom in sight whereas NET still has 75 lol, but to your point from a few pages back, the impact NET has is much larger than other growth stocks, as in if they go down you would see the results pretty obviously

with that said, due to mostly sofi, my portfolio has been demolished

[MrGoat]

Holy _______ ________ guys. I’m literally only down like 0.02 a share in BBIG right now. Am I holding and waiting for TYDE or do I just dump and save my tail?


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[huncho]

Originally Posted by MrGoat

Holy _______ ________ guys. I’m literally only down like 0.02 a share in BBIG right now. Am I holding and waiting for TYDE or do I just dump and save my tail?


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i believe with spinoffs like this, bbig will have to drop in order to give people the free tyde shares (once that happens)

[Magnum75]

Anyone pick up more TREB warrants while they were under a buck?

[7sins]

Originally Posted by Magnum75

Anyone pick up more TREB warrants while they were under a buck?

Looked like algos were trading this down most of today combined with last day for redemption on arb play. There wasn't much size sub $1 but I scooped all the volume I could, nice 25% 45 minute profit as warrants normalized back to 1.20.

[spurwar]

I was wondering what was going on with the TREB warrants when I saw it was down 20%. Tried to place an order but it never filled. Wasn't a big order anyways as I was a bit concerned that there was some negative news that I missed.

[Romeojk]

Originally Posted by chsu74

This one is boring and an old man stock. Just want to mention VIAC closed above its 100 day MA which is a sign of money flowing there on a day like today. Still trading at 7PE and they sold their extra studio in Hollywood for a few billion putting more cash on their balance sheet. All of their new shows released are well received and staying on their Paramount app. Been adding shares and $30C leaps the past two weeks. The $45C leaps I held from last year is looking better and better though still very much underwater.

This fits boring old me. I’m underwater a bit (~$2). I’m glad it’s moving good, thanks for the info.

[MrGoat]

Anybody heard any news on the TYDE spin-off? I’d prefer to keep holding BBIG until I receive my TYDE but I don’t know if I have the intestinal fortitude to hold that long.


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[RidingDonkeys]

Holy smokes, GS saw a 13% drop in 4th quarter profits. Ominous...

Sent from the voices in my head and transcribed by their drinking buddy.

[Magnum75]

Originally Posted by spurwar

I was wondering what was going on with the TREB warrants when I saw it was down 20%. Tried to place an order but it never filled. Wasn't a big order anyways as I was a bit concerned that there was some negative news that I missed.

My order didn't fill either. By the time I was done looking for a reason for the drop it was trading over $1 again.

Looks like BBIG is trading again after being halted.

[huncho]

Originally Posted by MrGoat

Anybody heard any news on the TYDE spin-off? I’d prefer to keep holding BBIG until I receive my TYDE but I don’t know if I have the intestinal fortitude to hold that long.


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i don't think i've seen any news or dates for it yet besides there now being a website and it showing up on fintel, but i also haven't been actively following it since it was on its death bed in the 2s/3s

[superdog]

I am getting hammered. I Wonder how long this will go on for.

[m j b]

Originally Posted by Magnum75

Looks like BBIG is trading again after being halted.

Up 23% right now.

[huncho]

Originally Posted by superdog

I am getting hammered. I Wonder how long this will go on for.

same...been a very rough time since thanksgiving

[MrGoat]

Originally Posted by huncho

i don't think i've seen any news or dates for it yet besides there now being a website and it showing up on fintel, but i also haven't been actively following it since it was on its death bed in the 2s/3s

I sold today at $4.90. Not getting greedy and getting left holding the bag like last time. I decided not to lose profits over potentially getting some free stocks I know nothing about and could potentially be worthless.


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[huncho]

Originally Posted by MrGoat

I sold today at $4.90. Not getting greedy and getting left holding the bag like last time. I decided not to lose profits over potentially getting some free stocks I know nothing about and could potentially be worthless.


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probably not a bad decision seeing how sept played out. i'm personally gonna hold for now because at the end of the day they are a legit company with a pretty big app so i don't think bag holding would be the worst case here since i got in around mid 2s. will see if it can get near the last run's prices in this run and maybe get out then before the inevitable drop

[7sins]

Originally Posted by huncho

probably not a bad decision seeing how sept played out. i'm personally gonna hold for now because at the end of the day they are a legit company with a pretty big app so i don't think bag holding would be the worst case here since i got in around mid 2s. will see if it can get near the last run's prices in this run and maybe get out then before the inevitable drop

I think this is spot on and what I recommended on our last run in BBIG, just take markers and trim on the way up, I was able to exit a partial position above $10 last time. Not to mention, whenever they announce the Tyde spinoff, this should fly. 211M vol today on really no news and seeing AMC bleed, I suspect some of the retail money will fly back in to chase this return.

SOFI back to $12, looking at the 2024 $12 and $15C, good buying opportunity here and just wait it out until the bank charter is released. Been trimming nice gains in TBT, I was pounding the table on here as rates here gravitate towards 2% and will cycle towards large dislocations in the current market.

[huncho]

Originally Posted by 7sins

I think this is spot on and what I recommended on our last run in BBIG, just take markers and trim on the way up, I was able to exit a partial position above $10 last time. Not to mention, whenever they announce the Tyde spinoff, this should fly. 211M vol today on really no news and seeing AMC bleed, I suspect some of the retail money will fly back in to chase this return.

SOFI back to $12, looking at the 2024 $12 and $15C, good buying opportunity here and just wait it out until the bank charter is released. Been trimming nice gains in TBT, I was pounding the table on here as rates here gravitate towards 2% and will cycle towards large dislocations in the current market.

sofi desperately needs the bank charter news or good earnings at this point. pretty heavily under water right now but i know they have a lot of stuff cooking so just gotta be patient. i wish it never became a meme stock lol

[7sins]

Originally Posted by huncho

sofi desperately needs the bank charter news or good earnings at this point. pretty heavily under water right now but i know they have a lot of stuff cooking so just gotta be patient. i wish it never became a meme stock lol

haha me too. I think the offering really hurt them in the 20s. I was PISSED when they called the warrants in the 20s which forced me to exit my entire position but turned out to work in my favor. Added a bit on the downdraft and will build a considerable position here around $12. I suspect this ER will be very good and they won't have the one time loss they had last ER. Also at these levels, P/S is much more manageable and the revenue the charter will enable will be SUBSTANTIAL, this should hit in Q1 or Q2. Also a large uptick in sales will lower their P/S and now they will also benefit from rising rates. Not a single worry here.

[huncho]

Originally Posted by 7sins

haha me too. I think the offering really hurt them in the 20s. I was PISSED when they called the warrants in the 20s which forced me to exit my entire position but turned out to work in my favor. Added a bit on the downdraft and will build a considerable position here around $12. I suspect this ER will be very good and they won't have the one time loss they had last ER. Also at these levels, P/S is much more manageable and the revenue the charter will enable will be SUBSTANTIAL, this should hit in Q1 or Q2. Also a large uptick in sales will lower their P/S and now they will also benefit from rising rates. Not a single worry here.

yeah i sold my warrants and moved them into a bunch of different leaps at around 16-16.5 before they announced the call back. i think overall my break even is around 16 and the calls i have are pretty bad at current prices (15/17.5 for 23s, and 17.5/20 for 24s) so these prices are hurting. i think their earnings will be good as well, we even saw a pop after their last earnings so would be surprised if we don't see any movement up on this upcoming one. this one should include their heavy marketing from the nfl as well so i'm optimistic. gonna look to roll the calls i have into some better ones if i get the opportunity

[chsu74]

Originally Posted by huncho

sofi desperately needs the bank charter news or good earnings at this point. pretty heavily under water right now but i know they have a lot of stuff cooking so just gotta be patient. i wish it never became a meme stock lol

Hear Hear! I added more shares at $12.10 and $5 C ‘24 leaps for $8.45 which BE at $13.45. It helps my $20 ‘24 leaps..

[chsu74]

Originally Posted by 7sins

Been trimming nice gains in TBT, I was pounding the table on here as rates here gravitate towards 2% and will cycle towards large dislocations in the current market.

Sold all my TBT and will look to reenter if opportunity presents itself again..