Talking Stocks 2.0

[jaisonline]

Originally Posted by 7sins

https://www.barrons.com/articles/cot...uy-51613181354

For those of you who got into COTY, the aforementioned link was a great article in Barron’s over the weekend suggesting the opportunity to buy. Good press should bode well for the stock this week, as I stated last week before this article, the stock was oversold after ER and our long calls should do extremely well.

My COTY Jan 21 2022 $8 Cs are locked and loaded :)

[jaisonline]

More big CCIV 13Gs are filed. E.g. Glazer Capital bought 12,313,947 shares.

Also, Bret Klein’s Sculptor Capital recently bought 5,996,568 shares @ $32.07 each recently.

[jaisonline]

Q4 2020 13Fs are being reported. Will be interesting to see large Put positions by hedge funds. Same for other longs.

[gabrielnovar]

Originally Posted by scarlet knight

I own LLY and ABBV. Have had more success in medical equipment like TMO, Intuitive Surgical.

true medical equipment companies are on the tear. Eventually we might get a snap back and the laggards creep up


WYNN anyone?

[chsu74]

Originally Posted by scarlet knight

I own LLY and ABBV. Have had more success in medical equipment like TMO, Intuitive Surgical.

My play is AEIS. Straddled both green energy and medical owning since the mid $70s

[chsu74]

Threw $15K of house money at TRCH at $3.90. Another way to list companies on NASDAQ apparently. They are liquidating its oil and gas assets for a special dividend of $4 payout so if stock goes to zero, I still get capital back. Merging with Meta Materials which manufactures materials for 5G antenna and other driving aids possibly working with TSLA already. Stock has high short interest which short sellers have to cover before the merger.

[bimmer nerd]

Anyone here considering buying puts on DASH? Date/strike price?

[kwr]

Anyone looked into JAMF? Mid 2020 IPO that seems like its kinda flown under the radar. Enterprise management of APPL devices. I like it as a trade for the continued adoption of iOS devices as well as BYOD (bring your own device). My company recently switched to BYOD and a lot of people moved to iPhones. I expect it will continue to trend that way given the ecosystem value Apple provides across Mac/iOS and the amount of Apple product being used in schools. Risk is APPL could swoop in and disintermediate JAMF and offer their own solution. PE backers still own a lot and the lock-up expires soon so may see some insider selling. if it pulls back to the mid 30's I may finally jump in. Anyone else taken a look at this one?

[PeqFB]

Hit a homerun with Citius Pharma (CTXR) today. Startup bio companies are a like throwing darts blindfolded at a bullseye.

[jaisonline]

Originally Posted by bimmer nerd

Anyone here considering buying puts on DASH? Date/strike price?

Hi, 7sins did a write up on page 168 or so in this topic.

I haven’t bought DASH Ps yet.

[bimmer nerd]

Originally Posted by jaisonline

Hi, 7sins did a write up on page 168 or so in this topic.

I haven’t bought DASH Ps yet.

Thanks! I do recall seeing his write up, I just couldn't find the specific post.

I'm planning on buying several options tomorrow and averaging down if it keeps going up.

[yoast]

Can someone please explain to me what is happening with CRSR?
Good financials, ER, etc but for some reason keeps dropping?

[jaisonline]

I need to recheck but didn’t CRSR have a recent share unlocking? Did you google that?

Originally Posted by yoast

Can someone please explain to me what is happening with CRSR?
Good financials, ER, etc but for some reason keeps dropping?

[yoast]

Originally Posted by jaisonline

I need to recheck but didn’t CRSR have a recent share unlocking? Did you google that?

That seems to be today, Feb 17th. Would it make sense for the stock to drop 15% in the week before?
Seems a bit much?

[7sins]

Originally Posted by bimmer nerd

Thanks! I do recall seeing his write up, I just couldn't find the specific post.

I'm planning on buying several options tomorrow and averaging down if it keeps going up.

My personal strategy is to wait a bit closer to lockup, the current float is VERY small at 20m shares and avg vol lately has been very low at sub 2m vol. Incredibly clear this is being manipulated and evident by the recent run to almost $220 which is utter insanity. That is a forward PE of over 1300 for a mediocre, and that is being generous, food delivery service. We saw the same scenario with SNOW where MMs were manipulating the price higher so their clients can get out at higher prices. I suspect when the shares unlock, you will see shares being sold given how overvalued the stock is. Until then, expect the price to be manipulated, I will probably start buying 10 days prior to expiration and will also reinstate my snow put position - I suspect they run into ER, MASSIVE 300m share unlock is right after so I am going to play that. All of this assuming no market correction which would throw a curveball. I think puts on Dash above $200 will be easy money this year and add a nice hedge to my portfolio should markets correct.

[Etschell]

Sold cciv too early.

But all my other buys are on fire at least.

Joffu is a new one i added.

[logo]

Puts on RIOT so tempting. I get the bitcoin rise = mining stocks rise, but a 3.5x gain in 2 weeks? Not to mention several of the blockchain stocks are gaining like crazy - SOS, Argo etc, and none are what I would call attractive investments. As soon as bitcoin has a red day I have a feeling these will plummet, just as we saw cannabis stocks do last week, and GME/AMC the week before that.

So what is next week's big 3.5x gainer?

[chsu74]

Originally Posted by logo

Puts on RIOT so tempting. I get the bitcoin rise = mining stocks rise, but a 3.5x gain in 2 weeks? Not to mention several of the blockchain stocks are gaining like crazy - SOS, Argo etc, and none are what I would call attractive investments. As soon as bitcoin has a red day I have a feeling these will plummet, just as we saw cannabis stocks do last week, and GME/AMC the week before that.

So what is next week's big 3.5x gainer?

Think you would be fighting a rising tide with Blackstone announcing they are dabbling in bitcoin today. I bought in my $22.5 MARA calls today before Fri expiration booking the loss to extend profits..

CLSK is still undervalued compared to RIOT or MARA. I would get in on that instead.

[Xelorpepsi]

Originally Posted by Etschell

Sold cciv too early.

But all my other buys are on fire at least.

Joffu is a new one i added.

CCIV is due to acquire a 10-15% stake in Lucid for $12bn like most SPAC. The CCIV share price was "fairly valued" when it jumped from $40 to $50-52 as the market was expecting a higher deal value ($15bn). Based on this, if you purchase shares above $50, you are paying a premium for... a cool idea.

In my view, the share price is more likely to drop than increase until the terms of the merger are known - let's just give the market a few days to digest the news. As a side note, this business is currently valued at $60bn and has not sold a single car yet - yes, their order book is full, but they don't have the manufacturing capabilities to produce enough cars and clients won't be happy to wait 2/3 years - while NIO has a market cap of $90bn and GM $76bn.

[logo]

Originally Posted by chsu74

Think you would be fighting a rising tide with Blackstone announcing they are dabbling in bitcoin today. I bought in my $22.5 MARA calls today before Fri expiration booking the loss to extend profits..

CLSK is still undervalued compared to RIOT or MARA. I would get in on that instead.

I don't think it's simply a matter of a rising tide - the tide has risen because of a tsunami, and I don't like trying to surf on those. I'm not debating whether bitcoin goes up/down/sideways - just that the MARA/RIOT/SOS gains seem more hype influenced than fundamentally influenced and at some point that will adjust.

[chsu74]

Originally Posted by Xelorpepsi

CCIV is due to acquire a 10-15% stake in Lucid for $12bn like most SPAC. The CCIV share price was "fairly valued" when it jumped from $40 to $50-52 as the market was expecting a higher deal value ($15bn). Based on this, if you purchase shares above $50, you are paying a premium for... a cool idea.

In my view, the share price is more likely to drop than increase until the terms of the merger are known - let's just give the market a few days to digest the news. As a side note, this business is currently valued at $60bn and has not sold a single car yet - yes, their order book is full, but they don't have the manufacturing capabilities to produce enough cars and clients won't be happy to wait 2/3 years - while NIO has a market cap of $90bn and GM $76bn.

One can say the same thing for QS and QS is not expected to deliver anything until 2026-2027? Market is irrational for sure. I honestly don't know when to get off this train at this point with my holdings.

Originally Posted by logo

I don't think it's simply a matter of a rising tide - the tide has risen because of a tsunami, and I don't like trying to surf on those. I'm not debating whether bitcoin goes up/down/sideways - just that the MARA/RIOT/SOS gains seem more hype influenced than fundamentally influenced and at some point that will adjust.

RIOT's CEO was on CNBC the other day trying to explain BC's value of 100% vs their stock's rise of 400% by saying they invested in mining infrastructure last year that is now paying off and those hardware is difficult to procure now. Not sure I am buying all that so I sold most of my MARA today but kept a sizable position of CLSK. Who knows what the future brings.

[acrds1]

I'm a long time reader here and really appreciate all the input that is shared. I usually never comment but would like to discuss a stock I have been following for some time now. Recently I entered a small put position in CVNA. My mind cant wrap its head around this companies valuation, maybe I can find some wisdom here before expanding my position.

[logo]

Originally Posted by chsu74

One can say the same thing for QS and QS is not expected to deliver anything until 2026-2027? Market is irrational for sure. I honestly don't know when to get off this train at this point with my holdings.



RIOT's CEO was on CNBC the other day trying to explain BC's value of 100% vs their stock's rise of 400% by saying they invested in mining infrastructure last year that is now paying off and those hardware is difficult to procure now. Not sure I am buying all that so I sold most of my MARA today but kept a sizable position of CLSK. Who knows what the future brings.

Well I guess I was correct - RIOT down 20% and down another 6% AH. Should have listened to my gut and loaded puts on this.

[EatMcdonalds]

Originally Posted by acrds1

I'm a long time reader here and really appreciate all the input that is shared. I usually never comment but would like to discuss a stock I have been following for some time now. Recently I entered a small put position in CVNA. My mind cant wrap its head around this companies valuation, maybe I can find some wisdom here before expanding my position.

If it makes you feel better the CEO has been selling shares hand over fist.

[EatMcdonalds]

Originally Posted by Xelorpepsi

CCIV is due to acquire a 10-15% stake in Lucid for $12bn like most SPAC. The CCIV share price was "fairly valued" when it jumped from $40 to $50-52 as the market was expecting a higher deal value ($15bn). Based on this, if you purchase shares above $50, you are paying a premium for... a cool idea.

In my view, the share price is more likely to drop than increase until the terms of the merger are known - let's just give the market a few days to digest the news. As a side note, this business is currently valued at $60bn and has not sold a single car yet - yes, their order book is full, but they don't have the manufacturing capabilities to produce enough cars and clients won't be happy to wait 2/3 years - while NIO has a market cap of $90bn and GM $76bn.

This is the stupidest stock i've ever seen.

If Lucid knows the market is valuing it at 50bn, why the hell are they striking a deal at $12?!?!?

In fact, If I'm Lucid, I go to all the big spacs tomorrow and I tell them that the highest bid wins.

How stupid retail is on this one triggers me so much.

I am not even going to get started on the fact that there is something very very wrong when the stock is trading at $50, and NEW MONEY PIPE investors get to get in at $10.

[chsu74]

Originally Posted by logo

Well I guess I was correct - RIOT down 20% and down another 6% AH. Should have listened to my gut and loaded puts on this.

I guess you did not see CLSK’s run from $28 to $40 yesterday with 1/3 of RIOT’s mining capacity but trading at 25% of market cap comparatively. CLSK’s tech also allows them to mine using 50% less electricity. Plus, they have their microgrid tech which is their core business.

[acrds1]

Originally Posted by EatMcdonalds

If it makes you feel better the CEO has been selling shares hand over fist.

That's something I have been watching, insiders have been dumping shares since Oct.

Even more yesterday

https://www.marketbeat.com/instant-a...lling-2021-02/

The red flags are everywhere but the stock keeps trading upward.....

[jltait]

Originally Posted by acrds1

The red flags are everywhere but the stock keeps trading upward.....

CVNA revenue keeps going up up up. Yes, the stock price has gotten ahead of itself, and they’re not profitable. But gross profit per unit keeps rising, and with it an improvement in EPS. Valuations can remain illogical for quite some time.

[jaisonline]

Really screwy stock market today. Lots of green including the 10 Y Treasury Yield. Now 1.333%

[huncho]

Originally Posted by jaisonline

Really screwy stock market today. Lots of green including the 10 Y Treasury Yield. Now 1.333%

this week has been rough and i've kind of stopped looking. i personally am afraid to buy these dips because i feel like it can get worse with the highs we hit so just gonna wait it out