The Investment Thread (10 Viewers)

[superchuck500]

Hmmm.

 

[bclemms]

Hmmm.

To be fair, some really nice promotions on that list and a handful that are simply advisers now which basically means they are retired except charge Millions for the occassional assistance on a project.

I'd imagine those positions are not too different than a young team winning the Super Bowl and all hitting free agency afterwards.

 

[Turfie]

you guys see the crypto CXC?

 

[itztime]

you guys see the crypto CXC?

Amazing, looks like it did what Doge was "supposed" to do on 4/20.

 

[LonghornSaint]

Finally got out of DAL after it dropped to around 48. Got a nice ride out of it.

Almost all of my holdings are in biotech and pharma, so it's been a bloody 3 months, but I am still in the green for most of them. Finally seeing them swing upwards.

 

[Turfie]

Well that was a big dump across the stocks I monitor.

 

[xaeniac]

Well the market needed cooling.... Interest rates won't be raised, however taxes will. Guess that's one way to cool it down. Thinking there will be more pain to follow.

 

[Turfie]

Proxy vote for GME happening soon. If you own GME please register your shares. Even if you own just one for kicks.

As of April 15, the free float is 26.7 million shares. GameStop Insiders and Institutions own 43.3 million shares. This is according to GameStop in a recent filing.

So only 26.7 million shares should be the maximum limit of shares that retail could own.

I get a sense that retail may own a tad more than 26.7 million shares.

 

[Turfie]

The SEC Director of Enforcement resigned today. About one week after being hired.

Interesting.

 

[Turfie]

Proxy vote for GME happening soon. If you own GME please register your shares. Even if you own just one for kicks.

As of April 15, the free float is 26.7 million shares. GameStop Insiders and Institutions own 43.3 million shares. This is according to GameStop in a recent filing.

So only 26.7 million shares should be the maximum limit of shares that retail could own.

I get a sense that retail may own a tad more than 26.7 million shares.

Right now some estimates say the float is 260 million shares. Meaning retail owns 260 million shares out of a possible 29.7 million (GameStop sold 3 million shares into the market since early April).

That means each share will eventually need to be covered by HFs 8 times over.

These hedge funds got so over confident that GameStop would go bankrupt. GameStop was in debt by hundreds of millions of dollars. Had a crap CEO in George Sherman. Complete brick and mortar business. And known for selling used games. All during what could be the worst global pandemic in our lifetime.

They since hired Ryan Cohen. Tossed out Sherman. Completely revamped their e-commerce business. Eliminated their debt 2 years early. And recently raised over a half billion dollars since. And now have a massive following.

This company isn’t going bankrupt.

 

[DaveXA]

The Amazon train keeps on chugging. I mean, I've been ordering stuff from them on the regular lately.

Amazon sales surge 44% as it smashes earnings expectations https://www.cnbc.com/2021/04/29/amazon-amzn-earnings-q1-2021.html?__source=androidappshare

 

[St. Geezy]

Doesn't sound like the SEC commissioner is going to get in the way of the squeeze event. In fact, it sounds like she is outright saying she wants it to happen, and those guys knew the risks they were taking with their positions.

 

[Turfie]

Doesn't sound like the SEC commissioner is going to get in the way of the squeeze event. In fact, it sounds like she is outright saying she wants it to happen, and those guys knew the risks they were taking with their positions.

Now I hope the DTCC doesn’t get in the way. Unbeknownst to many, but if you have a substantial investment in a stock that Citadel is long in.....maybe cash out soon or be prepared to buy the dip. They “Citadel” will need to liquidate just about everything if the squeeze happens.

 

[St. Geezy]

Now I hope the DTCC doesn’t get in the way. Unbeknownst to many, but if you have a substantial investment in a stock that Citadel is long in.....maybe cash out soon or be prepared to buy the dip. They “Citadel” will need to liquidate just about everything if the squeeze happens.

Oh yeah, the entire market is going to take a dump. Hell, it already started two months ago. I think it is a part of what is taking so long with the squeeze; they're trying to manage it so that it doesn't shock the markets all at once.

 

[superchuck500]

Oh yeah, the entire market is going to take a dump. Hell, it already started two months ago. I think it is a part of what is taking so long with the squeeze; they're trying to manage it so that it doesn't shock the markets all at once.

This seems overstated to me. The S&P trend line is pretty obvious, even with the squeeze-related volatility. The short-squeeze exposure seems to be pretty-well cabined and the mainstream markets are performing well. Earnings across a range of sectors are coming in strong and stronger than expected - bedrock companies.

Analysis from last week:

The sectors with positive earnings growth in Q1 include: Finance (+90.8% earnings growth), Technology (+22.5%), Autos (+204.9%), Retail (+42.9%), Medical (+19.8%), Basic Materials (+64.2%), Construction (+39.5%), Industrial Products (+25.0%), Utilities (+4.1%), and Consumer Staples (+7.1%).

The weakest earnings growth in Q1 is expected to come from the Transportation (-202.0% earnings decline), Consumer Discretionary (-35.5%), as well as the Energy (-18.9%) sector.

It makes sense that we would see some multiple compression if rates continue to rise and volatility events (such as something related to the whole short issue) could amplify that process but fundamentals are really strong (though not over-cooked).