The Investment Thread (2 Viewers)

[Rickboy]

RIVN's market cap is twice that of Ford and I've never even seen a one. I could see it getting cut in half twice. Then for me it will be a big buy as well.

Not anymore. RIVN is now just under $50Million. Ford is over $77Million.

 

[Turfie]

Okay, so I have a question for you smarter guys than me, which includes just about everyone in this particular thread. Do you guys think AMC and GME are going to pop or continue to be dragged down with the market? Early DD was that because of negative beta and all that that eventually these 2 would stop going down with market and rise despite market falling. I haven't seen that so was wondering your take on that. Also, if they continue to drive it down, what is to keep hedgies from covering and closing out shorts at these single digits or whatever? I'm a smaller brained ape so forgive me if this seems dumb. I just am frustrated and wonder if anything will ever happen with these 2 stocks.

The general sentiment among GME apes is that it will fall with the market at first.

Barring WW3 or some other earth crisis, the lowest GME could go is either $40 or $61 according to some apes that seem to know what they are talking about.

Eventually if the prophecies are true, at some point some weaker hedge funds could run out of ammo (leverage and margin) and they will be forced to liquidate and begin covering their shorts.

All of a sudden this domino creates additional pressure on the next wave of hedge funds. And now they are forced to liquidate or cover.

All of this could cause GME and AMC to pop. The likelyhood of the mother of all squeezes is probably low. But there’s still a chance.

 

[efil4stnias]

Well didnt see that last 30 min comin.

Tech taketh away, tech give back.

Now just need M.O.A.R- mother of all rallies to spark Monday.

ill dream over weekend. lol.

 

[Turfie]

Well didnt see that last 30 min comin.

Tech taketh away, tech give back.

Now just need M.O.A.R- mother of all rallies to spark Monday.

ill dream over weekend. lol.

I think next week could be solidly green. I’ll be watching crypto too over the weekend.

 

[jboss]

Got in on DKNG at 21.30. Hadn't really been watching it but it seems pretty undervalued at this point.

 

[efil4stnias]

Got in on DKNG at 21.30. Hadn't really been watching it but it seems pretty undervalued at this point.

how so? in 5 previous quarters, they reported negative net income.

Id be looking into the "why" on that- could be expenses like advertising/sales to get established and hope those "Fall off" at some point.

in 2019 they had only -$50mm loss.

2020 was over $1 billion

and 2021 looks to be around another 1B loss.

 

[jboss]

how so? in 5 previous quarters, they reported negative net income.

Id be looking into the "why" on that- could be expenses like advertising/sales to get established and hope those "Fall off" at some point.

in 2019 they had only -$50mm loss.

2020 was over $1 billion

and 2021 looks to be around another 1B loss.

They're still kinda in the rollout phase. And I feel like DraftKings is gonna come out on top as the big dog amongst the online DFS and sportsbook companies. Just saying based on its current valuation I feel like this is a good entry point.

 

[Saint_Ward]

What is going on with airline stocks today? Yike.

Not totally sure, but I bought some more AAL at 15.34.

Back up to 16.35.

My cost basis is 18.18, though. But better than it was.

They'll get back in the $20's for sure.

 

[NewOrleansFan]

Not totally sure, but I bought some more AAL at 15.34.

Back up to 16.35.

My cost basis is 18.18, though. But better than it was.

They'll get back in the $20's for sure.

I have LUV. Earning finally turned positive. Will be holding it for a while or until it hits 50+.

 

[Saint_Ward]

I have LUV. Earning finally turned positive. Will be holding it for a while or until it hits 50+.

I had DAL in 2020 when they pretty much bottomed out, and then sold it sometime in 2021. So, I already profited on the rebound. Just saw that AAL had lagged in coming back. Same with cruise ships, so I put some money there.

 

[Turfie]

Nice delivery day today with a lot of stonks.

 

[Turfie]

Spicy premarket for AMC. Up 12%

 

[St. Geezy]

Pretty much. GME up 17% on no news and then crashes right back down on no news. Sometimes I think these are volatility pumps to make options more pricey.

That's 100% what it is...getting the I.V. up for an imminent pump.

 

[Swamprat]

That's 100% what it is...getting the I.V. up for an imminent pump.

Dumping all the pent-up retail orders?

 

[Saint_Ward]

I knew I should have gotten in on the UPS money train. I though they were maxed out.

Up. 13.5% today.