The Investment Thread (12 Viewers)

[superchuck500]

Was only looking into it because it’s so cheap.. literally only a few cents per coin.. and if any of them ever hits, you can make out really well.. I would only throw some ’playing around’ money at it though, nothing serious.

I’ll sell you some of mine - Chuckcoin.

It’s the currency of the future.

 

[Mr. Blue Sky]

I’ll sell you some of mine - Chuckcoin.

It’s the currency of the future.

Meh, sounds like you’d have to pay me to take it off ur hands

 

[Charlie Brizzown]

Meh, sounds like you’d have to pay me to take it off ur hands

You don't even want to know what you gotta do to mine it.

 

[Mr. Blue Sky]

You don't even want to know what you gotta do to mine it.

 

[Mr. Blue Sky]

Just looked and Coinbase says they do not support TRON or VET (VeChain).

I dug a little deeper and seems you cannot mine VeChain either and I couldn't find an exchange to buy on.

just FYI for anyone who cares, i had the stock symbol wrong for Tron, it’s actually TRX.

 

[Saint_Ward]

NVDA sure has been looking good.

HEICO Corporation Reports Strong Net Income and Cash Flows in the First Nine Months of Fiscal 2020

HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 4% to a record $251.7 million, or $1.83 per diluted share in the

www.businesswire.com

the FSG side of HEI has been hit hard by the pandemic..

Flight Support Group

Eric A. Mendelson, HEICO's Co-President and President of HEICO's Flight Support Group, commented on the Flight Support Group's third quarter results stating, "The Outbreak had an adverse effect on the Flight Support Group’s operating results in the first nine months and third quarter of fiscal 2020. Beginning in late March 2020, a significant global decline in commercial air travel resulted in lower demand for the majority of the parts and services offered by our Flight Support Group. As previously mentioned, once commercial air travel resumes, cost savings will most likely be a priority for our commercial aviation customers. We believe demand for our favorably priced commercial aviation products and services will return in advance of the overall market recovery. Furthermore, we believe our cost-saving solutions and robust product development programs will enable us to potentially increase market share and emerge with a stronger presence within the commercial aviation market.

The Flight Support Group's net sales were $731.2 million in the first nine months of fiscal 2020, as compared to $915.5 million in the first nine months of fiscal 2019. The Flight Support Group's net sales were $178.2 million in the third quarter of fiscal 2020, as compared to $320.0 million in the third quarter of fiscal 2019. The net sales decrease in the first nine months and third quarter of fiscal 2020 is principally organic and reflects lower demand across all of our product lines resulting from the significant decline in global commercial air travel beginning in March 2020 due to the Outbreak. Net sales in fiscal 2020 follows the 12% and 13% organic growth reported in the third quarter and full year of fiscal 2019, respectively.

The Flight Support Group's operating income was $121.6 million in the first nine months of fiscal 2020, as compared to $179.8 million in the first nine months of fiscal 2019. The Flight Support Group's operating income was $12.0 million in the third quarter of fiscal 2020, as compared to $64.8 million in the third quarter of fiscal 2019. The operating income decrease in the first nine months and third quarter of fiscal 2020 principally reflects the previously mentioned decrease in net sales, a lower gross profit margin mainly within our aftermarket replacement parts and repair and overhaul parts and services product lines and an increase in bad debt expense due to potential collection difficulties from certain commercial aviation customers that filed for bankruptcy protection during the third quarter of fiscal 2020 as a result of the financial impact of the Outbreak, partially offset by a decrease in performance-based compensation expense.

The Flight Support Group's operating margin was 16.6% in the first nine months of fiscal 2020, as compared to 19.6% in the first nine months of fiscal 2019. The Flight Support Group's operating margin was 6.7% in the third quarter of fiscal 2020, as compared to 20.2% in the third quarter of fiscal 2019. The decrease in the first nine months and third quarter of fiscal 2020 principally reflects the previously mentioned lower gross profit margin and an increase in SG&A expenses as a percentage of net sales mainly reflecting the impact of the Outbreak and the previously mentioned higher bad debt expense."

For some comparison, 2nd quarter, which had two months of strong sales, and one bad month was like this.

The Flight Support Group's operating income decreased 24% to $47.5 million in the second quarter of fiscal 2020, as compared to $62.2 million in the second quarter of fiscal 2019.

 

[UncleTrvlingJim]

Sold off a bunch of stock on Monday and paid off my mortgage. Not necessarily the “best” strategy, but there’s just too much uncertainty in the market right now for my liking

 

[NewOrleansFan]

What is going on with BYND today? It’s running.

 

[efil4stnias]

What is going on with BYND today? It’s running.

direct online sales announced this am.

So BYND is now selling to consumers directly.

 

[NewOrleansFan]

Traders are hedging hard today. VIX is popping on DOW green day

 

[TXSAINTFAN]

Apple post split already traded 5 million shares premarket.

 

[efil4stnias]

Apple post split already traded 5 million shares premarket.

im in that number, somewhere, with my measly shares lol

 

[Saint_Ward]

NVDA popped up to about $540/share..

 

[nolastyle]

Tesla is up another 10% today. Is there anything that can slow it down???

 

[bclemms]

Tesla is up another 10% today. Is there anything that can slow it down???

One bad day can turn it into a bloodbath. The second it has a 5%+ loss it's going to start stopping people out and the profit takers are going to rush in. Whether that is this afternoon or 6 months from now, who knows. I do like that I can afford to trade options on it now though.