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Thread: Stock Talk

  1. #286
    Shelter Dweller PorkChopSandwiches's Avatar
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    I bought PINS on 10/12 it jumped 11.68% today for a gain of 21.56% so far






  2. #287
    Shelter Dweller PorkChopSandwiches's Avatar
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    Guess I just got lucky and stumbled in at the right time

    https://www.morningstar.com/news/dow...sale-to-paypal






  3. #288
    Take Box B DemonGeminiX's Avatar
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    Music was better when ugly people were allowed to make it.

  4. #289
    Basement Dweller Godfather's Avatar
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    Scotiabank said today they expect EIGHT Bank of Canada interest rate hikes by the end of 2023. That's a far cry from early this year where they said they expected NONE. I see almost no way they pull of 8 consecutive hikes without breaking something given how widespread bad debt in this country is right now.

    Just as an example - JD Power reported the average vehicle payment in September was just under $700, and 52% of those loans were 82 months or longer. That's not a good looking figure.

    Maybe I'm fear mongering but that's scary.

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    PorkChopSandwiches (10-22-2021)

  6. #290
    Basement Dweller Godfather's Avatar
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    PENN stock absolutely tanked today. Someone wrote a she-said-he-said hit piece about Portnoy that's behind a paywall so I doubt anyone even read it but it did a number on the stock. What is really funny is that PENN's revenue is only about 10% from Barstool (they own HUGE casinos and gambling sites) and Dave is one dude there, so the stock hit is entirely unfounded IMO.

    Dave is a weenie but people have been trying to take him out for years so I'm hesitant at best about this article that apparently basically says he likes 18 year old and has rough sex. I thought we weren't kink shaming anymore
    Last edited by Godfather; 11-05-2021 at 02:56 AM.

  7. #291
    Shelter Dweller PorkChopSandwiches's Avatar
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    I picked up PaySafe (PSFE) last week, its up 6.5% today. They are the conduit for payments to a lot of online gambling. Should do well i would imagine.

    AMD is up over 11%, I picked that up last week as well






  8. #292
    21-Jazz hands salute Muddy's Avatar
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    stonks.

  9. #293
    Take Box B DemonGeminiX's Avatar
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    Music was better when ugly people were allowed to make it.

  10. #294
    Shelter Dweller PorkChopSandwiches's Avatar
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    fuck robinhood

    Also DASH jumped 16% for me today






  11. #295
    Shelter Dweller PorkChopSandwiches's Avatar
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    Quote Originally Posted by PorkChopSandwiches View Post
    I picked up PaySafe (PSFE) last week, its up 6.5% today. They are the conduit for payments to a lot of online gambling. Should do well i would imagine.
    Oops, they reported earnings yesterday and are down 40% today






  12. #296
    Let's Go Brandon! Teh One Who Knocks's Avatar
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    Quote Originally Posted by PorkChopSandwiches View Post
    Oops, they reported earnings yesterday and are down 40% today

  13. #297
    Shelter Dweller PorkChopSandwiches's Avatar
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    I didnt put that much into it, more then made up for it yesterday. Everyone was dumping SOFI prior to the earning report, so it was down 9% I bought a bunch more, then they crushed the earnings and that bitch is up 17% today






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  15. #298
    Basement Dweller Godfather's Avatar
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    We must be close to the top of this market, there's no logic left.

    Go look at Sweetgreen (SG). They sell $16 salads in NYC.

    Sweetgreen (SG) shares closed 76% higher — at $49.50 each — on their first day of trading on the New York Stock Exchange. The salad restaurant chain almost doubled its valuation during its public debut. Shares opened at $52 each after the IPO was priced at $28.

    Sweetgreen sold 13 million shares, raising $364 million in the initial public offering.
    The Los Angeles_based company, founded in 2007, is not profitable yet as it continues to invest in technology and expand its footprint. Sales through the first 39 weeks of this year came in at $243 million. The company posted an operating loss of $87 million.

    This is a f*cking 14 year old salad bar company hemorrhaging cash. Sales up 51% YoY, losses down just 13%. They do not appear to be turning any corners towards profitability. What kind of margin is this? They plan to double locations.... within 3-5 YEARS. Double the stores and double the losses - can't do it without heavy CapEx.

    How did this company raise $300 million? How is it valued at $5.5 billion with hardly a single headline having an ounce of skepticism?! This is a sick IPO in a highly competitive fast food market acting like it's a tech stock. In reality they're one Chipotle-style ecoli outbreak headline from disappearing, or maybe they'll just go under on their own in 3-years if they can't correct their revenue problem.

    Good for these three college kids who got rich and the guys at GS who took it public but wow... I dono anymore.
    Last edited by Godfather; 11-19-2021 at 08:16 AM.

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  17. #299
    today love,tomorrow...... brah pitt's Avatar
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  19. #300
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    No shit






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