Talking Stocks 2.0

[glenn_herwig]

Just bought TZA. Tiny hedge lets see how the markets play out.

[beshannon]

Price target raise to $600 on NVDA

https://seekingalpha.com/news/360739...term-potential

[BBL]

Hi guys ...

any thoughts? pro or con on:

-Phillips 66 PSX
-Raytheon Technologies RTX
-Walt Disney DIS
-Wex Inc WEX

[beshannon]

Originally Posted by BBL

Hi guys ...

any thoughts? pro or con on:

-Phillips 66 PSX
-Raytheon Technologies RTX
-Walt Disney DIS
-Wex Inc WEX

PSX -- all energy is tough at the moment, the dividend is not safe at the payout ratio
RTX -- 3% yield could be good for long term hold
DIS -- still dependent on recovery and travel, very high P/E, over valued
WEX -- Fintech is strong but I know little about this stock, I would favor PYPL or V

All opinions are my own, please do your own research!

[beshannon]

Jobless claims up, futures at the low for the morning

[beshannon]

Bit of a bounce off the lows, NVDA now higher

[JWD531]

Originally Posted by BBL

Hi guys ...

any thoughts? pro or con on:

-Phillips 66 PSX
-Raytheon Technologies RTX
-Walt Disney DIS
-Wex Inc WEX

Originally Posted by beshannon

PSX -- all energy is tough at the moment, the dividend is not safe at the payout ratio
RTX -- 3% yield could be good for long term hold
DIS -- still dependent on recovery and travel, very high P/E, over valued
WEX -- Fintech is strong but I know little about this stock, I would favor PYPL or V

All opinions are my own, please do your own research!

I think PSX has good technical support around $59. PYPL got a bit extended a few weeks ago but pulled back nicely and is a good long term buy IMO. I have V shares as well, could be poised for some good short to medium term upward movement.

[RyanO]

I may buy back into PSX if the price is compelling enough, thinking high 50s.

My Valero position has been awful...

On another note, Fastly is moving today, anyone know why?


Sent from my iPhone using Tapatalk

[JParm]

Originally Posted by RyanO

I may buy back into PSX if the price is compelling enough, thinking high 50s.

My Valero position has been awful...

On another note, Fastly is moving today, anyone know why?


Sent from my iPhone using Tapatalk

FSLY up on no real news - possible short squeeze here. Been adding to my position on the (huge) dip since earnings, and happy to see it move up. As a long-term investor in FSLY, I'll take all the dips I can get and go along for the ride up. Growth stocks aren't for everyone and I don't recommend the highly volatile stocks for those that can't stomach the neck-break speeds down - but if you can deal with it, the moves up are well worth it, especially in the long run.

https://www.barrons.com/articles/tjx...?mod=hp_LATEST

Added a couple LEAPS in TJX and VIAC, to go with my other LEAPS in RTX, PSX, WYNN and C. All these have expirations in January of 2022, and these are my bets for strong companies that should recover by then, but not necessarily ones I have to own shares in today.

Long-term owner in 9 other tech stocks though.

[cornerstore]

New Jobless claims are up 15% from last week and up 20% above expectations as people returning to work are being laid off. Ongoing claims are down 1% from expectations as more people fail to qualify. Projections are for a 40% drop in consumer spending as the jobless bonus is now curtailed. Many countries for various reasons are starting to soft boycott US made goods and services. Through all this the market seems to think this is cause for record PE’s and hyperbolic valuations for juiced up corporate welfare bums. Blue sky’s ahead, who needs profits when tax breaks and government subsidies will do the heavy lifting lol. It’s unfortunate we can not discuss moral and ethical investing. The old saying in conducting business was just because you can doesn’t mean you should. Today it’s, just do it, because if you don’t someone else will, and just ignore the consequences. Most of these great profits being released are a result of the short term effects of the overly generous tax breaks and changes in reporting incomes that were recently implemented. Smoke and mirrors.

https://www.google.com/amp/s/www.wir...reen-think/amp

[beshannon]

Originally Posted by jpeezy14@hotmail.com

FSLY up on no real news - possible short squeeze here. Been adding to my position on the (huge) dip since earnings, and happy to see it move up. As a long-term investor in FSLY, I'll take all the dips I can get and go along for the ride up. Growth stocks aren't for everyone and I don't recommend the highly volatile stocks for those that can't stomach the neck-break speeds down - but if you can deal with it, the moves up are well worth it, especially in the long run.

https://seekingalpha.com/news/360759...aks-outplus-11

Speculation that if there is a buyer for TikTok that may not be as bad as if it simply goes away. Other cloud names also moving.

I have no opinion as the chart is ugly, the short interest is 11%

[JParm]

Originally Posted by beshannon

https://seekingalpha.com/news/360759...aks-outplus-11

Speculation that if there is a buyer for TikTok that may not be as bad as if it simply goes away. Other cloud names also moving.

I have no opinion as the chart is ugly, the short interest is 11%

Yes, with two competent players in the mix, TikTok seems to be ok for the time being. The whole TikTok-FSLY aspect has been overblown anyway, with many speculative investors being shaken out. The company will do just fine long-term without them.

Definitely a stock with a crazy chart but can't judge all stocks on charts - especially rapid growth ones (e.g. W, SHOP, SE etc.)

[RyanO]

Originally Posted by jpeezy14@hotmail.com

FSLY up on no real news - possible short squeeze here. Been adding to my position on the (huge) dip since earnings, and happy to see it move up. As a long-term investor in FSLY, I'll take all the dips I can get and go along for the ride up. Growth stocks aren't for everyone and I don't recommend the highly volatile stocks for those that can't stomach the neck-break speeds down - but if you can deal with it, the moves up are well worth it, especially in the long run.

https://www.barrons.com/articles/tjx...?mod=hp_LATEST

Added a couple LEAPS in TJX and VIAC, to go with my other LEAPS in RTX, PSX, WYNN and C. All these have expirations in January of 2022, and these are my bets for strong companies that should recover by then, but not necessarily ones I have to own shares in today.

Long-term owner in 9 other tech stocks though.

Happy to see it move as well, I was also adding and agree that the negative sentiment surrounding Tik Tok was overblown.

Not sophisticated enough to understand LEAPS but agree with your positioning, these quality businesses will recover in time.


Sent from my iPhone using Tapatalk

[RyanO]

Originally Posted by beshannon

https://seekingalpha.com/news/360759...aks-outplus-11

Speculation that if there is a buyer for TikTok that may not be as bad as if it simply goes away. Other cloud names also moving.

I have no opinion as the chart is ugly, the short interest is 11%

Thanks for sharing this Brian.


Sent from my iPhone using Tapatalk

[beshannon]

Originally Posted by RyanO

Thanks for sharing this Brian.


Sent from my iPhone using Tapatalk

[cornerstore]

Fastly pre Covid was trading in low 20’s with a solid 35% annual growth rate. On one qtr of likely unsustainable growth at 63% (75% uptick) the price goes up 600%. Growth spurred on by a rapid need to scale up to service immediate needs due to an unprecedented global shut down. Fastly is a software - hardware play with low margins by industry standards as they need to buy and install more servers when scaling up clients. So I have a hard time with statements like it had a huge pull back (30%) from top. That is not even within normal technical pull backs. Tic Tok is another issue and technology shifts are being ignored by investors . It is a band aid tech company with no P/E and .55c a share loss . Ironically Cisco who is a hardware manufacturer P/E of 16 and makes $2.65 per share and is historically profitable gets no respect by today’s fractional share investors as it’s not sexy. Down the rabbit hole.

[JParm]

Originally Posted by RyanO

Happy to see it move as well, I was also adding and agree that the negative sentiment surrounding Tik Tok was overblown.

Not sophisticated enough to understand LEAPS but agree with your positioning, these quality businesses will recover in time.


Sent from my iPhone using Tapatalk

LEAPS are just longer-term calls; more cushion for the "bet" on companies returning to pre-COVID levels for me.

[RyanO]

Originally Posted by jpeezy14@hotmail.com

LEAPS are just longer-term calls; more cushion for the "bet" on companies returning to pre-COVID levels for me.

Gotcha, thanks for explaining. I have never delved into options but may be something I should research at some point.


Sent from my iPhone using Tapatalk

[HippoPAPAmus]

Did you guys see GEVO’s wild ride today?

[insert roller coaster gif here]


Sent from my iPhone using Tapatalk

[-dustin]

Originally Posted by HippoPAPAmus

Did you guys see GEVO’s wild ride today?

[insert roller coaster gif here]


Sent from my iPhone using Tapatalk

Got in early this morning, got out right before the halt. Almost made up for the beating I took when BDR got halted yesterday.

[HippoPAPAmus]

Originally Posted by -dustin

Got in early this morning, got out right before the halt. Almost made up for the beating I took when BDR got halted yesterday.

I had some fun with OPGN today as well. Missed the tops on both, but I tend to bail early just in case these rocket ships explode.


Sent from my iPhone using Tapatalk

[cornerstore]

Uber up today 6% after announcing temp shut down in their home market and an executive charged today. Tesla up after moving jobs off shore and losing money on every unit sold, has a business model totally dependent on subsidized cash injections supplied by taxpayers at the local and Federal levels. They are Selling diminishing carbon credits to other auto companies to post questionable non sustainable paper profits. Billionaires being made by pumping money loosing cash sucking story ventures. Early 20th Century it was snake oil salesman today early 21st Century it’s Musk oil salesman. Up is down and down is up. It’s Tulip time again.

Edit : UBER got a last minute reprieve today. Seems they will continue in California for awhile longer.

[LuckyHubbyW/aDJ]

Originally Posted by -dustin

Got in early this morning, got out right before the halt. Almost made up for the beating I took when BDR got halted yesterday.

I did very well with GEVO today as well and got out once it passed $2 though I really wanted to sell a lot sooner. The volume was incredible!

For once I'm happy that my wife distracted me so it popped higher while being " distracted ". She usually has the worse timing!!

[JParm]

https://www.fool.com/investing/2020/...-jumped-today/

What I've said all along about FSLY and the selloff that happened post-earnings - too much emphasis on the FSLY / TikTok relationship by speculators who sold out too quickly:

Yet it's important for investors to note that even if Fastly were to lose TikTok's business, it certainly wouldn't be a death knell for the edge computing platform. Fastly helps to accelerate content delivery for many other rapidly growing companies, such as Shopify. Thus, investors may be assigning too much importance to the high-profile events surrounding TikTok and not enough to Fastly's other growth drivers.

Stay strong, FSLY gang!

[-dustin]

Originally Posted by LuckyHubbyW/aDJ

I did very well with GEVO today as well and got out once it passed $2 though I really wanted to sell a lot sooner. The volume was incredible!

For once I'm happy that my wife distracted me so it popped higher while being " distracted ". She usually has the worse timing!!

I’m new to this game. Only been in it for a week. Got my screener setup to show me penny stocks < $5 with volume over 500k and 25% gains. It’s fun to watch. And these past 3 days have set my internal alarm to pull the plug at 290% if I’ve got anything in it.

GEVO, IGC, BDR, LCDX...they’ve all been entertaining. I ended up leaving some funds in GEVO. I’m actually intrigued by it.

[huncho]

Originally Posted by jpeezy14@hotmail.com

https://www.fool.com/investing/2020/...-jumped-today/

What I've said all along about FSLY and the selloff that happened post-earnings - too much emphasis on the FSLY / TikTok relationship by speculators who sold out too quickly:



Stay strong, FSLY gang!

could be because oracle is now interested in buying tiktok

[JParm]

Originally Posted by huncho

could be because oracle is now interested in buying tiktok

I don't doubt that this is part of it, which is in the article I linked. My comment was more about the overblown exodus because of all this TikTok business, as highlighted in my previous post.

FSLY posted strong Q2 results, raised guidance and continues to exceed expectations - yet everyone hung onto the TikTok news.

[huncho]

Originally Posted by jpeezy14@hotmail.com

I don't doubt that this is part of it, which is in the article I linked. My comment was more about the overblown exodus because of all this TikTok business, as highlighted in my previous post.

FSLY posted strong Q2 results, raised guidance and continuous to exceed expectations - yet everyone hung onto the TikTok news.

yeah i agree, a lot of people dont look at the facts. tbh though i hate tiktok lol

[cornerstore]

Re Tesla a long detailed but good read for those who care about fundamentals.

Quotes from article.

“How could Tesla’s China operations have run so far in the red in Q2? It’s almost as if, during Q2, Tesla Shanghai suddenly discovered bills that had arrived in Q1 but didn't figure in the Q1 financials. Of course, that cannot be the case, but it’s difficult to construct a scenario under which Tesla was losing more than $10,000 per car produced.“

“In my lifetime, I have never seen equity markets more detached from actual economic conditions. I have never seen such reckless fiscal and monetary policy. I have never seen trading more driven by forced index fund buying or more congested by retail investors who were utterly uninformed about, and indifferent to, even the rudiments of finance. I have never felt the social fabric so dangerously close to fraying.“

https://seekingalpha.com/article/436...content=link-0

[cornerstore]

Fastly a non pure play hardware / software provider with some of the lowest margins in its segment jumps 600% (from previous valuations based on prior guidance ) on a projected 10% increase in sales. Sales that require greater hardware costs to capture. Seems the exponential issue here is not growing profits to justify current valuations but exponential marketing hype by some media types.

“For the full year, Fastly gave its revenue guidance a huge lift. Management now expects 2020 revenue between $280 million and $290 million, up from a previous forecast for revenue between $255 million and $265 million.

In the company's most recent quarter, management said it expected its second-quarter revenue to be between $70 million and $72 million, implying a year-over-year revenue growth rate of 57% -- a significant acceleration from 38% revenue growth in Q1. Management said this view reflects increased internet traffic from social distancing measures and continued customer expansion on its platform -- two catalysts it expects to persist beyond the current quarter.