The Official Stock Market Thread - Page 36

JMarchand1981 · 02-09-2021, 06:24 AM

Quote:

Originally Posted by finfangfan

Disney made another all-time high yesterday after it crossed $190 for the first time. The stock has performed extremely well overall during the pandemic on the strength of robust DIS+ subscriptions.

Now it looks like the recent stock price upswing is being driven by the optimism of a post-Covid world bringing back bread and butter theme park and movie revenues.

This stock is a forever hold for me, but it’s nice to see it have such a strong year with all of the challenges. Heck... even Iger stepped down last year and they dropped the dividend.

Great company. Great stock. Dropping the dividend actually helps a little in the valuation of the stock. You don't have a guaranteed quarterly drop of a buck or so. That said, dividend compilers drop the stock since it no longer pays. One of these is qualitative and one is quantitative.

finfangfan · 02-09-2021, 10:19 AM

Added 20 shares of Kellogg’s (ticker K) @ $57.35/sh. I’m slowly shifting a chunk of my trading portfolio total into more conservative holdings.

cnewby · 02-09-2021, 10:21 AM

Quote:

Originally Posted by finfangfan

Added 20 shares of Kellogg’s (ticker K) @ $57.35/sh. I’m slowly shifting a chunk of my trading portfolio total into more conservative holdings.

Local company to me. Thats where we used to have the High School Wrestling State Finals back in my day.

smanzari · 02-09-2021, 10:23 AM

Planning on adding GIS when I determine a decent entry point; I have a feeling this Pokemon promo is moving ridiculous amounts of cereal

monkeymcgee · 02-09-2021, 10:30 AM

In my IRA, I'm closing out some individual EV/tech stocks to move into ARKQ. Opened long-term OTM calls on Thursday for AAPL, ARKW, ARKK, CRM, and XLK.

My trading accounts have gotten really boring since I'm trying to stop trading like a crackhead and get some long-term gains. I think I'll finally burn through my loss deductions this year, so trying not to pay short-term tax rates.

And since I was discussing it earlier, final tally on GME gains was $31k. Not bad considering I got in pretty late for the big bump.

finfangfan · 02-09-2021, 11:08 AM

AI spiked again and I sold out of my position aside from one loan share that I will use to track for a future reentry point if it dips again. Very volatile stock this one.

patchgenie · 02-09-2021, 12:27 PM

picked up some PSHZF - pershing square holdings. seems like a deal should be coming soon. won't get beat up too bad if its not a good one. it might be subway or stripe.

finfangfan · 02-09-2021, 01:12 PM

Quote:

Originally Posted by patchgenie

picked up some PSHZF - pershing square holdings. seems like a deal should be coming soon. won't get beat up too bad if its not a good one. it might be subway or stripe.

I’m sitting on some cash in my trading account and I will look into PSHZF... thanks!

EDIT: I think I’ll pass for now as it appears I missed the run up.

Josh611 · 02-09-2021, 01:50 PM

Quote:

Originally Posted by Josh611

Trimmed 1/4 here at $60

Nice trade so far

Cut the rest at $60.50. Looked like it wanted to turn over. Good trade, on to the next one.

Donkaylove · 02-09-2021, 06:21 PM

sold my resn for 310% gain--holding cash

JMarchand1981 · 02-09-2021, 06:52 PM

Quote:

Originally Posted by Josh611

Cut the rest at $60.50. Looked like it wanted to turn over. Good trade, on to the next one.

I'm glad you made some money here, but I have to disagree. It might not run but like it had but it's going to jog. It's a sub-4 p/e.

finfangfan · 02-09-2021, 06:56 PM

ETrade sent an alert that the Bumble ipo is now available through the new issue center. Should I even try to take a shot at this? Or is this an avoid? Last filed price is listed at $37-$39.

JMarchand1981 · 02-09-2021, 07:13 PM

Quote:

Originally Posted by finfangfan

ETrade sent an alert that the Bumble ipo is now available through the new issue center. Should I even try to take a shot at this? Or is this an avoid? Last filed price is listed at $37-$39.

What is their revenue model?

finfangfan · 02-09-2021, 07:42 PM

Quote:

Originally Posted by JMarchand1981

What is their revenue model?

I honestly knew nothing about it which is why I asked. Looks like it’s a free dating app that charges for premium in-app purchases. I’m guess they likely sell user data too.

I think I will probably avoid.

Josh611 · 02-09-2021, 07:44 PM

Quote:

Originally Posted by JMarchand1981

I'm glad you made some money here, but I have to disagree. It might not run but like it had but it's going to jog. It's a sub-4 p/e.

You're probably not wrong. Just wanted to take profits while they are there. I kept it on the watchlist and will buy back if I see the right opportunity.

Never know what tomorrow will bring in this market and 13% for holding less than a week was great.

Josh611 · 02-09-2021, 07:46 PM

Quote:

Originally Posted by Donkaylove

sold some avid 250%, mod 201%, and bought blocks of amkr on dips to about 16.35

Man, your timing on this one was impeccable. Thank you!

16%+ since you mentioned it

33GHill · 02-09-2021, 09:59 PM

PRNT, a lesser known ETF of the ARK invest portfolio but starting to hit its stride since late last year. Wish I had bought a bit more.

finfangfan · 02-10-2021, 06:08 AM

I’d been acquiring FRX over the last couple days based on its mention above and looks like I got in just in time as it is popping $2/sh (nearly 20%) premarket based on merger news:

The Beachbody Company, Forest Road Acquisition Corp. and Myx Fitness Enter Three-Way Merger

So we will see how today goes. Should be a wild one.

cnewby · 02-10-2021, 08:15 AM

Quote:

Originally Posted by finfangfan

I’d been acquiring FRX over the last couple days based on its mention above and looks like I got in just in time as it is popping $2/sh (nearly 20%) premarket based on merger news:

The Beachbody Company, Forest Road Acquisition Corp. and Myx Fitness Enter Three-Way Merger

So we will see how today goes. Should be a wild one.

Grabbed some of this on Fri after I saw it here. Fingers crossed it pops this morning. Thank you to whomever mentioned it.

finfangfan · 02-10-2021, 09:32 AM

Quote:

Originally Posted by finfangfan

In the last 10 minutes of trading Friday, I picked up 300 shares of XSPA @ $1.77 using my profits from flipping PLTR. XSPA used to be airport spas but pivoted their business model last year to provide COVID screening at airports. Their stock shot up last year early COVID to $7+ but they’ve struggled to get things together. Friday they bounced 11% and I’m hoping the momentum continues through the weeks/months ahead.

XSPA up 63% since I bought it last month. I still hold 250 of my initial 300 shares. With all of the interest in airport COVID screening I think I’m going to ride this one out for awhile.

finfangfan · 02-10-2021, 09:37 AM

Picked up 20 shares of KO @ $50.35 as I continue to accumulate some more conservative stocks from my gains from my recent high flyers.

I know own tickers: KO (Coke) K (Kellogg’s) and O (Realty Income Corp)

finfangfan · 02-10-2021, 10:06 AM

Bought 10 Unity Software (ticker: U) @ $129.60 as it appears to be on an upswing after its recent drop.

finfangfan · 02-10-2021, 10:11 AM

Quote:

Originally Posted by cnewby

Grabbed some of this on Fri after I saw it here. Fingers crossed it pops this morning. Thank you to whomever mentioned it.

FRX seems to have dropped quite a bit from its high at open. Still up for the day, but I guess many aren’t happy with the target.

Donkaylove · 02-10-2021, 10:27 AM

got mat 17.73-17.75, sold etm for 286%

finfangfan · 02-10-2021, 10:46 AM

Wow... another day that started solidly green and now everything is in the red for the most part.

02-09-2021, 10:30 AM	#880
monkeymcgee Member Join Date: Apr 2010 Location: VA Posts: 10,974	In my IRA, I'm closing out some individual EV/tech stocks to move into ARKQ. Opened long-term OTM calls on Thursday for AAPL, ARKW, ARKK, CRM, and XLK. My trading accounts have gotten really boring since I'm trying to stop trading like a crackhead and get some long-term gains. I think I'll finally burn through my loss deductions this year, so trying not to pay short-term tax rates. And since I was discussing it earlier, final tally on GME gains was $31k. Not bad considering I got in pretty late for the big bump. Last edited by monkeymcgee; 02-09-2021 at 10:33 AM.

02-09-2021, 10:19 AM	#877
finfangfan Member Join Date: Oct 2013 Posts: 11,983	Added 20 shares of Kellogg’s (ticker K) @ $57.35/sh. I’m slowly shifting a chunk of my trading portfolio total into more conservative holdings.

02-09-2021, 10:23 AM	#879
smanzari Member Join Date: Aug 2015 Location: N/A Posts: 10,710	Planning on adding GIS when I determine a decent entry point; I have a feeling this Pokemon promo is moving ridiculous amounts of cereal

02-09-2021, 11:08 AM	#881
finfangfan Member Join Date: Oct 2013 Posts: 11,983	AI spiked again and I sold out of my position aside from one loan share that I will use to track for a future reentry point if it dips again. Very volatile stock this one.

02-09-2021, 12:27 PM	#882
patchgenie Member Join Date: Aug 2009 Posts: 7,052 americansportscards	picked up some PSHZF - pershing square holdings. seems like a deal should be coming soon. won't get beat up too bad if its not a good one. it might be subway or stripe.

02-09-2021, 06:21 PM	#885
Donkaylove Member Join Date: Jan 2014 Location: PNW Posts: 3,212	sold my resn for 310% gain--holding cash

02-09-2021, 06:56 PM	#887
finfangfan Member Join Date: Oct 2013 Posts: 11,983	ETrade sent an alert that the Bumble ipo is now available through the new issue center. Should I even try to take a shot at this? Or is this an avoid? Last filed price is listed at $37-$39.

02-09-2021, 09:59 PM	#892
33GHill Member Join Date: Oct 2020 Posts: 230	PRNT, a lesser known ETF of the ARK invest portfolio but starting to hit its stride since late last year. Wish I had bought a bit more.

02-10-2021, 06:08 AM	#893
finfangfan Member Join Date: Oct 2013 Posts: 11,983	I’d been acquiring FRX over the last couple days based on its mention above and looks like I got in just in time as it is popping $2/sh (nearly 20%) premarket based on merger news: The Beachbody Company, Forest Road Acquisition Corp. and Myx Fitness Enter Three-Way Merger So we will see how today goes. Should be a wild one.

02-10-2021, 09:37 AM	#896
finfangfan Member Join Date: Oct 2013 Posts: 11,983	Picked up 20 shares of KO @ $50.35 as I continue to accumulate some more conservative stocks from my gains from my recent high flyers. I know own tickers: KO (Coke) K (Kellogg’s) and O (Realty Income Corp)

02-10-2021, 10:06 AM	#897
finfangfan Member Join Date: Oct 2013 Posts: 11,983	Bought 10 Unity Software (ticker: U) @ $129.60 as it appears to be on an upswing after its recent drop.

02-10-2021, 10:27 AM	#899
Donkaylove Member Join Date: Jan 2014 Location: PNW Posts: 3,212	got mat 17.73-17.75, sold etm for 286%

02-10-2021, 10:46 AM	#900
finfangfan Member Join Date: Oct 2013 Posts: 11,983	Wow... another day that started solidly green and now everything is in the red for the most part.