Talking Stocks 2.0

[JParm]

Originally Posted by beshannon

I have no interest in PINS but read that it was more of a lack of subscriber growth and ad spend rather than online time

I listened to the earnings call yesterday, and I will say that it was not a leadership team that emotes confidence. Initial drop was 10%, after the earnings call it dropped another 10%.

They are still growing but need a better way to monetize their business. International growth has been nice to see, though most of their revenue comes from domestic users. As I've said before, compare them to SNAP, FB and GOOGL post-Q1 earnings, and this is not what you would've expected during COVID.

I don't doubt they'll get back up to my avg ($20), but after that I may dump and wait until they can get things together.

[JParm]

Pleasantly surprised at the move by DIS this morning. I suppose yesterday's post-earnings drop was a bit much, but didn't think we'd see green today.

Like I said, I'm only keeping DIS at this point and will add if it ever gets below $85.

[beshannon]

Originally Posted by jpeezy14@hotmail.com

Pleasantly surprised at the move by DIS this morning. I suppose yesterday's post-earnings drop was a bit much, but didn't think we'd see green today.

Like I said, I'm only keeping DIS at this point and will add if it ever gets below $85.

Almost as if this is a tiny mirror of the entire market.

I agree that DIS will survive and do well in the future but I am very surprised there are not more sellers today

[JParm]

Banks have been really lagging the indexes lately.

Long C and JPM, and I still see them as good entry points for long-term investors.

[logo]

Anyone with thoughts on NET? Their business is the internet, which I would presume has been used more lately. Earnings call tomorrow, could be one where they start bringing some profit.

Airlines continue to slide. Not my preferred buy, but I do wonder if they eventually get to the point where the price is so low one cannot refuse.

[RyanO]

Originally Posted by jpeezy14@hotmail.com

Banks have been really lagging the indexes lately.

Long C and JPM, and I still see them as good entry points for long-term investors.

I've noticed this too. Have a small position in C and will add if it drops further.

[beshannon]

Originally Posted by jpeezy14@hotmail.com

Banks have been really lagging the indexes lately.

Long C and JPM, and I still see them as good entry points for long-term investors.

Financials will benefit from the recovery, the key here is balance sheets and solid fundamentals as there will be loan defaults and write-offs

Originally Posted by logo

Airlines continue to slide. Not my preferred buy, but I do wonder if they eventually get to the point where the price is so low one cannot refuse.

You can always refuse, fortunately stocks stop at zero

26 famous airlines that have gone out of business

https://www.businessinsider.com/airl...usiness-2019-3

[beshannon]

The markets are hanging around the flat line as news is constantly digested, Tech remains strong as well as some individual stocks.

Very long article with some good analysis, draw your own conclusions

Investors Finally Get A Wake-Up Call, But Have Chosen To Hit The Snooze Button Instead

https://seekingalpha.com/article/434...button-instead

[RyanO]

Originally Posted by beshannon

The markets are hanging around the flat line as news is constantly digested, Tech remains strong as well as some individual stocks.

Very long article with some good analysis, draw your own conclusions

Investors Finally Get A Wake-Up Call, But Have Chosen To Hit The Snooze Button Instead

https://seekingalpha.com/article/434...button-instead

Interesting article, thanks for sharing. Do you agree with his perspective, or still think we don't retest the lows?

[beshannon]

Originally Posted by RyanO

Interesting article, thanks for sharing. Do you agree with his perspective, or still think we don't retest the lows?

I do not think we get a retest UNLESS the world economy suffers another major shock. I think we stay in this trading range 2650-2850 for the time it will take to get better economic and earnings news.

I maintain that 12-18 months out the markets will be higher

[JParm]

Originally Posted by beshannon

I do not think we get a retest UNLESS the world economy suffers another major shock. I think we stay in this trading range 2650-2850 for the time it will take to get better economic and earnings news.

I maintain that 12-18 months out the markets will be higher

I agree with Brian here. I think we only retest the March lows if we start to close up again due to opening too quickly.

[cornerstore]

Great article! Best quote from it.
“After all, you don't ever want to confuse brains with a bull-market”

[Tha Baron]

Lot of red volume late in the last few trading days

Curious how far this tech rally lasts... seems folks can’t get enough of the tech giants and “not as bad as expected earnings” but were getting into meat shortages and tens of millions without a paycheck.

[beshannon]

Originally Posted by Tha Baron

Lot of red volume late in the last few trading days

Curious how far this tech rally lasts... seems folks can’t get enough of the tech giants and “not as bad as expected earnings” but were getting into meat shortages and tens of millions without a paycheck.

Not surprised to see the selling, tech is holding up for many reasons, yes we have jobless but business is also looking for ways to reduce costs and improve their operations. That is where tech comes in.

How long everything else drags on will determine how the market continues to react.

[Dusko.Popov]

Originally Posted by beshannon

Not surprised to see the selling, tech is holding up for many reasons, yes we have jobless but business is also looking for ways to reduce costs and improve their operations. That is where tech comes in.

How long everything else drags on will determine how the market continues to react.

Would love to get your opinion on Lyft and Uber if you wouldn’t mind sharing. Do you consider them as tech or travel and hospitality? Neither are benefiting from this tech movement. Neither, I believe, are profitable. But I feel that both core services are leveragable in many different useful directions (e.g., Uber Eats).

Appreciate your contributions. I usually dismiss most other stock talk and punditry here and everywhere mainly because I’ve been very successful going on my research and “feel.” With that said I appreciate, value, and tend to seek out your posts for the honest (and thoughtful) information. Plus you’re in the dmv

Thank you in advance.

[HarvesterUT]

Big believer in being an average investor. Broad market ETF's only. Keep fees as low as possible. Don't buy the hype (you already missed it). Invest early, invest often.

[beshannon]

Originally Posted by Dusko.Popov

Would love to get your opinion on Lyft and Uber if you wouldn’t mind sharing. Do you consider them as tech or travel and hospitality? Neither are benefiting from this tech movement. Neither, I believe, are profitable. But I feel that both core services are leveragable in many different useful directions (e.g., Uber Eats).

Appreciate your contributions. I usually dismiss most other stock talk and punditry here and everywhere mainly because I’ve been very successful going on my research and “feel.” With that said I appreciate, value, and tend to seek out your posts for the honest (and thoughtful) information. Plus you’re in the dmv

Thank you in advance.

Thanks, just trying to help

I do not follow or know much about Uber or Lyft as I have never understood what makes them different from cabs or asking friends for rides. The companies themselves cannot seem to figure out what they are or even how to classify their drivers. I am not sure who will still want to "ride share" in this current environment.

Perhaps others can comment but I have no interest here, both have comments in the link below

https://www.thestreet.com/markets/5-...hursday-050720

[JParm]

VIAC and RTX reporting good numbers this morning; planned to hold onto both through the year. Missed the boat on TWLO.

I own UBER and I still like the possibilities with it. 12-18 months from now, I think a few things will happen:
1.) A vaccine will be discovered (at the very least, we do somewhat have a cure)
2.) People's attitudes will revert back to what they used to be; we're slowly seeing that already as people congregate against state's wishes
3.) Companies will have evolved enough to combat any outstanding issues that linger with concern to the virus

Uber has a worldwide footprint and doesn't rely solely on rideshare (e.g. Uber Eats). I have no concern that in a year from now, today's price will be seem cheap.

[Dusko.Popov]

Originally Posted by beshannon

Thanks, just trying to help

I do not follow or know much about Uber or Lyft as I have never understood what makes them different from cabs or asking friends for rides. The companies themselves cannot seem to figure out what they are or even how to classify their drivers. I am not sure who will still want to "ride share" in this current environment.

Perhaps others can comment but I have no interest here, both have comments in the link below

https://www.thestreet.com/markets/5-...hursday-050720

Thank you.

[Dusko.Popov]

Originally Posted by jpeezy14@hotmail.com

VIAC and RTX reporting good numbers this morning; planned to hold onto both through the year. Missed the boat on TWLO.

I own UBER and I still like the possibilities with it. 12-18 months from now, I think a few things will happen:
1.) A vaccine will be discovered (at the very least, we do somewhat have a cure)
2.) People's attitudes will revert back to what they used to be; we're slowly seeing that already as people congregate against state's wishes
3.) Companies will have evolved enough to combat any outstanding issues that linger with concern to the virus

Uber has a worldwide footprint and doesn't rely solely on rideshare (e.g. Uber Eats). I have no concern that in a year from now, today's price will be seem cheap.

Thank you. Much of what you shared is why I’m intrigued and considering opening a position. Just debating timing given that earnings is today. Pre-market Uber is riding the tailwinds of Lyft’s knock out earnings. So I’ll see how things look at 9:30 and then again at 10 after the initial sentiment settles.

[RyanO]

Decided to close my Moderna position yesterday ahead of earnings. I didn't like how the stock was trading, and it tanked the last time they reported. My thinking was that their expenses would be considerably higher due to ramping up for the vaccine, but I am now kicking myself as the stock is soaring 15% premarket on the news that they've received Phase 2 approval for their vaccine.

Needed to vent.

[beshannon]

Originally Posted by RyanO

Decided to close my Moderna position yesterday ahead of earnings. I didn't like how the stock was trading, and it tanked the last time they reported. My thinking was that their expenses would be considerably higher due to ramping up for the vaccine, but I am now kicking myself as the stock is soaring 15% premarket on the news that they've received Phase 2 approval for their vaccine.

Needed to vent.

Sorry, but take things in perspective:

This is a trial phase with no guarantee of success

GILD is already giving away its current treatment, no revenue for the company, MRNA may not actually make money, they are working from a grant as the company is not profitable

If the trial fails the stock will plummet

If you took a profit be happy and move on, I was in and out of this name back in the 20-30 range and made my money then

[beshannon]

Originally Posted by jpeezy14@hotmail.com

Uber has a worldwide footprint and doesn't rely solely on rideshare (e.g. Uber Eats). I have no concern that in a year from now, today's price will be seem cheap.

The only segment that possibly interests me is Uber Freight, I am not sure how it fits, and I do not think it is a separate company.

The concept of one off single jobs is intriguing but I am not sure how they beat established freight companies like ODL or XPO, not to mention FDX or UPS.

[JParm]

Originally Posted by Dusko.Popov

Thank you. Much of what you shared is why I’m intrigued and considering opening a position. Just debating timing given that earnings is today. Pre-market Uber is riding the tailwinds of Lyft’s knock out earnings. So I’ll see how things look at 9:30 and then again at 10 after the initial sentiment settles.

https://www.cnbc.com/2020/05/07/uber...pany-lime.html

Not sure how you feel about Lime, but this just came out.

[RyanO]

Originally Posted by beshannon

Sorry, but take things in perspective:

This is a trial phase with no guarantee of success

GILD is already giving away its current treatment, no revenue for the company, MRNA may not actually make money, they are working from a grant as the company is not profitable

If the trial fails the stock will plummet

If you took a profit be happy and move on, I was in and out of this name back in the 20-30 range and made my money then

Always appreciate your perspective, you're absolutely right. I was late so my profit was minuscule but at least I didn't lose money. Time to move on from this name and wait for other opportunities. It is a definitely a speculative play at this point and I'm trying to be more conservative in my investments.

[supernova]

Originally Posted by beshannon

I am not sure who will still want to "ride share" in this current environment.

I would have thought the opposite in that who would want to take public transport in this current environment. I got Lyft in nice price point and riding today's wave and reckon they will bounce back fast in the recovery.

[Tha Baron]

Originally Posted by Dusko.Popov

Thank you. Much of what you shared is why I’m intrigued and considering opening a position. Just debating timing given that earnings is today. Pre-market Uber is riding the tailwinds of Lyft’s knock out earnings. So I’ll see how things look at 9:30 and then again at 10 after the initial sentiment settles.

My thought is Uber Eats is one of those things that people think will ton it during a stay at home order... but in reality, will probably flop from big costs and driver issues. Logic is I'd rather pick up my own food and have a reason to leave the house... Plenty of time right now for people. in addition to not wanting an uber eats driver Lyfting my fries and vaping onto my order bag. Also, Ive seen ordering direct from restaurants is cheaper and many have figured out to make an ordering page on their websites - not as slick as Uber Eats, but I cant imagine restaurants can afford to give up 30% commissions to Uber when they are hurting.

I probably used UberEats 60 times pre covid and not once since February.

YMMV

[Uggi]

Uber's share price has doubled since 19th March so it clearly could have been a nice trade but I didn't buy in. I don't like the business model and don't have any faith that it will stand the test of time for a long hold.

On another note I have to thank this thread for alerting me to STOR. I'd never heard of them before (I'm in the UK) but I did some reading and bought in and it's been very good to me so far.

[supernova]

I believe Autonomous rideshare is definitely the future. Companies like UBER and LFYT are primed to take that on based on the massive driver data they collect. Although we may still be 3-5 years away from that mainstream so will need to go very long on these..

[JParm]

More Uber thoughts:

https://markets.businessinsider.com/...unsurprising-4