Tesla, snubbed by the S&P 500, quickly completes $5 billion stock sale Investing |
- Tesla, snubbed by the S&P 500, quickly completes $5 billion stock sale
- Elon Musk Lost the Most Wealth in a Single Day Than Anyone Ever
- AstraZeneca COVID-19 vaccine study put on hold after adverse reaction
- A growing number of Chinese companies are blaming trading typos for insider stock sales
- Berkshire Hathaway buys into Snowflake’s IPO ❄️
- Thoughts on Cruise Line Stocks?
- Best long term decision when buying a home
- Someone sold 1.875 million dollars worth of Capcom shares this morning.
- Do you think there's something worrisome about the current index fund allocations?
- SoftBank sheds $15 billion on U.S. tech stock rout
- Alteryx (AYX) announces Class Action aimed against them due a bad quarter. Do these class action lawsuits really bear any weight just because investors didn’t see the revenues they wanted? Aren’t the risks of investing in the open market known enough?
- Which platform should I use for long term investing?
- What's the best way to invest in the Baltic States?
- What are your thoughts on acorns?
- Buying QQQ and VGT Etfs on the drop?
- Circuit Breaker for Individual Stocks?
- Tech Stock Prices
- I dont know what to do with swing money (short term)
- Is picking the right telecom stocks as easy as it looks?
- What is the best way to get in front of ACTUAL investors to get feedback on my deck??
- Serious Q: How far can the fed and governments go with propping the market?
- Looking for a good book about money management for value investing
| Tesla, snubbed by the S&P 500, quickly completes $5 billion stock sale Posted: 08 Sep 2020 01:14 PM PDT The old Wall Street adage is to "sell high." Tesla did just that. A week ago, Tesla announced it would sell $5 billion worth of stock at market prices "from time to time." Tuesday it announced it had completed that sale as of Friday. The exact number of shares sold, and thus the average price of each sale, was not disclosed. Tesla shares have fallen sharply in the recent sell-off of tech stocks. Shares reached a split-adjusted record high close of $498.32 on August 31, but have lost 16% of their value since then through Friday's close. And shares were down another 11% in pre-market trading even before the Tuesday's filing. The sell-off could be because Tesla was not added to the S&P 500 index, as many investors were expecting would happen, given its market value and recent record of sustained profitability. Being added to the S&P would have forced additional purchases by fund managers whose holders must mirror the blue chip index. Shares of Tesla are still up about 400% since the start of the year, even with last week's sell-off. The sale of stock is the second such offering Tesla has done this year to take advantage of the skyrocketing stock price. In February the company raised $2.3 billion through the sale of 3 billion shares. Adjusted for the recent split, that stock sale was at an average price of $151.60 a share. CEO Elon Musk dismissed the idea of the need for sales of additional shares when asked about it by analysts in January. "We're actually spending money as quickly as we can spend it sensibly," Musk said on a January 29 call, when the company posted its first annual profit. "There is no artificial hold back on expenditures ... So in light of that, it doesn't make sense to raise money." But soon thereafter Tesla decided it didn't make sense to not take advantage of its climbing share price. And if it turns out that its shares hit a peak last week that it might not reach again for a little while, then Tesla apparently sold additional shares at close to that high point. https://www.google.com/amp/s/amp.cnn.com/cnn/2020/09/08/business/tesla-stock-sale/index.html [link] [comments]  |
| Elon Musk Lost the Most Wealth in a Single Day Than Anyone Ever Posted: 08 Sep 2020 03:59 PM PDT Tesla, today plummeted 21% in share price, resulting in a roughly $17 Billion deduction in Elon's net worth. This is a greater loss in net worth more than anyone ever in single day, with Facebook's Zuckerberg coming in 2nd of about roughly $15 Billion. This is due, in part, since Tesla was not included in the sp500 and the recent employment numbers being worse than expected. Tesla has had a dramatic run up in the last year. Do you guys think that the Tesla highs are not going to return for a while or will we see a recovery as the Battery day event approaches? [link] [comments]  |
| AstraZeneca COVID-19 vaccine study put on hold after adverse reaction Posted: 08 Sep 2020 03:03 PM PDT |
| A growing number of Chinese companies are blaming trading typos for insider stock sales Posted: 08 Sep 2020 07:54 PM PDT
[link] [comments]  |
| Berkshire Hathaway buys into Snowflake’s IPO ❄️ Posted: 08 Sep 2020 02:29 PM PDT It was revealed today that Berkshire Hathaway and Salesforce will each take a $250 million dollar stake in Snowflake concurrent with Snowflake's IPO. https://www.cnbc.com/2020/09/08/berkshire-hathaway-salesforce-agree-to-buy-into-snowflake-ipo-.html [link] [comments]  |
| Thoughts on Cruise Line Stocks? Posted: 08 Sep 2020 08:23 PM PDT As well all know, the cruise lines were hit particularly hard by Covid - the big 3 (RCL, CCL, NCLH) haven't sailed since March, and are all cancelled through October with further cancellations likely. Earlier this year they all said they had funding to last late into 2021 without any sailings, and it's likely that they begin to sail at some point in 2021, given early success of some of the European lines. Since RCL is currently -39% vs pre-Covid, NCLH is -66% and CCL is -60%, is it worth throwing a few bucks down on these? In a fun twist, I actually have about $7k that I received in a settlement for a claim from NCLH, so it would be kind of ironic if I could piggyback on their losses and ride them back up... That aside, where should I put that $7k? I'm not relying on that money for anything, and so I'm okay being a bit aggressive. Thanks! [link] [comments]  |
| Best long term decision when buying a home Posted: 08 Sep 2020 06:31 PM PDT Hello, I plan on buying a condo/townhouse for around 150K after the new year that I will live in. I have a taxable account with around 85K in it at the moment. It's almost 100% VTSAX right now. I have 2 choices:
Which would you do? I could probably pay off the mortgage completely in 2 years which would leave me with probably 3.5K a month to invest. [link] [comments]  |
| Someone sold 1.875 million dollars worth of Capcom shares this morning. Posted: 08 Sep 2020 10:24 AM PDT Nintendo took a hit so I figured it was a good time to sell half of my position in Capcom. Maybe I should have sold it all. The seller beat me by 3 minutes. https://www.otcmarkets.com/stock/CCOEF/quote Can see the trade by scrolling down to the trade data section. [link] [comments]  |
| Do you think there's something worrisome about the current index fund allocations? Posted: 09 Sep 2020 12:14 AM PDT Hey all, hope you're well. I wanted to stop in here for the first time in awhile to get some second thoughts. A few days ago, I circulated an article on a subreddit about the potential that Big Tech might trip up given certain financial, regulatory, and legal scrutiny in the year ahead. These stocks look as though they're already trading at considerable premiums - and to add insult to injury, many of the biggest index funds in the U.S. are overweight on Big Tech stocks. I wrote this particular article, but I wanted to come here for second opinions so I can make amendments and start a real discourse -- do you all think that the current index fund allocations are something quarrelsome? In my article, I made the observation that instead of investing in a popular index fund, the average investor might want to go into a less common one (like a product tracking the S&P 1500 Composite or Russell 3000). Otherwise, they might want to just peruse through thematic or industry-specific ETFs. What are your thoughts on the matter? I'm curious about the religiosity among index-tracking ETFs like $SPY and $QQQ, especially given the volatility and dissonance of the last few months. [link] [comments]  |
| SoftBank sheds $15 billion on U.S. tech stock rout Posted: 08 Sep 2020 10:55 PM PDT Wait to see after some other "unicorns" fall down the drain... [link] [comments]  |
| Posted: 09 Sep 2020 12:32 AM PDT "The Law Offices of Vincent Wong announced that class actions have commenced on behalf of certain shareholders of Alteryx, Inc. Lead Plaintiff Deadline is October 19, 2020. Class Period is from May 6, 2020 to August 6, 2020. Allegations against the company include that the company was unable to close large deals within the quarter, and deals were pushed out to subsequent quarters or downsized, as a result, the company increasingly relied on adoption licenses to attract new customers, as a result and due to the nature of adoption licenses, the Company's revenue was reasonably likely to decline and as a result of the foregoing, defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis." [link] [comments]  |
| Which platform should I use for long term investing? Posted: 08 Sep 2020 02:06 PM PDT I am relatively young and I want to have some money invested now for use many years down the line. I currently use Webull for day trading but after many headaches and lost money I've decided that I just want to invest long term. Is Webull a good option or should I use a different broker for long term investment? I've heard some people tell me to go directly through my bank, so I'd like some more advice before I precede. Also, which index funds should I be focusing on for long term returns? I'm a noob at these things so any help is appreciated! [link] [comments]  |
| What's the best way to invest in the Baltic States? Posted: 08 Sep 2020 10:46 AM PDT I think the Baltic States, particularly Estonia have the potential for a lot of growth. Estonia is in the top 20 countries for educational attainment (based on the UN Human Development Report,) lowest corruption (based on the Corruption Perception Index), and ease of doing business (based on the World Bank Ease of Doing Business Index), but it's GDP per capita is only about $20k/year. Even though there is a Nasdaq Talinn and Nasdaq Vilnius there don't seem to been any index funds. Anyone know of a good ETF, REIT, or Mutual Fund with good exposure to the Baltic States? [link] [comments]  |
| What are your thoughts on acorns? Posted: 09 Sep 2020 01:02 AM PDT I know its not an amazing app but its just one more small thing I have been using to pull 5 at a time.... now its close to being over 1-2 thousand so its not losing money to the 1$ fee.. But I also have used referrals and the "found money"... I like to have as many streams of growth as possible... rather than just 1 brokerage Anyone have any creative growth ideas? So Far I am slowly building M1 Finanace (DRIP) Acorns (no idea yet its in low risk until we correct) Schwab (options and equities) covered calls/put writes and spreads Webull intra day options single legs... sometimes swing trades... Silver Stacking (both coins *junk) and bullion Crypto ( stick to a main 5 or so I like on binance) I have alot of COSS coins from back in 2017 was a startup exchange... dont know if they will ever recover.. might be a loss Any other ideas on passive or long term investment? - I like the idea of creative options for storing value and utilizing creative tools to not get dinged so har don taxes... thanks [link] [comments]  |
| Buying QQQ and VGT Etfs on the drop? Posted: 08 Sep 2020 11:48 AM PDT I planned on adding QQQ and VGT to my portfolio to hold for 10-15 years. I waited to get ETFs heavily concentrated in tech due to the recent mini Crash of tech companies. I got a bit of both at what I think are fairly good prices (QQQ at 271 and VGT at 301). I invested a safe amount now, so should I wait to get more shares if tech continues to crash further, or just invest what I planned to invest now at this price? People hear seem to have different opinions on Tech. Any advice is appreciated (: [link] [comments]  |
| Circuit Breaker for Individual Stocks? Posted: 08 Sep 2020 02:18 PM PDT In watching the dramatic fall of TSLA today, I got to wondering: do circuit breakers exist for individual stocks? From my research it seems the only one in place is when it swings more than 5% in 5 minutes. Why aren't there levels of breakers like we see for the S&P500? Is it a technical limitation or a philosophical one? [link] [comments]  |
| Posted: 09 Sep 2020 12:19 AM PDT So made the mistake of buying into the tech stock hype right at the peak of their prices - bought Microsoft and Nvidia stocks on Thursday right before they plummeted. Intend on holding onto the stocks for the long term so not caught up in panic selling them. Fairly new to the stock market so my question is do you think they will eventually return to the prices that they were? I know it's impossible to tell but curious to see what you guys think. Arguably I could have purchased them at the peak of a tech bubble and the share prices will never rise to that level again. On the other hand they could rise once more. What are your predictions? [link] [comments]  |
| I dont know what to do with swing money (short term) Posted: 08 Sep 2020 06:34 PM PDT I have long term investments and no problem there. But i also do some swing trades. Things i expect to make a little money that week. Ive been doing this during the bull market, so it's been easy to pick winners. Problem is, with it being a red month, i have no idea where to put my swing money. These are stocks i hold between 1-21 days. Im sitting on a cash pile, and have no idea what to do with it. The funds are not ones i can invest long term, as the amount changes and needs to stay pretty liquid. Does anyone swing trade during these red times? [link] [comments]  |
| Is picking the right telecom stocks as easy as it looks? Posted: 08 Sep 2020 07:26 PM PDT If you're going to meme about how much you hate cable companies or how they are monopolies do it in some other thread with the rest of the poors. ATT, Verizon, and Comcast all look like healthy, profitable, growing companies, exposed to a meaningful level of risk from one another, technological innovation, and government oversight. Buying stock in these companies seems like a reasonable decision to make if you are bullish on the sector. Tmobile looks weird and hard to understand because of its merger with Sprint, so I'm ignoring it. The remaining companies all look like absolute shit. CHTR is pure play cable, subject to the same risks as the above-mentioned companies, but with no diversity from content ownership, massive piles of debt on its books, and a Netflix size PE ratio. Am I missing something here? What does CHTR have to justify its seemingly outsize valuation? ATUS seems the same as CHTR, just even smaller. Dish seems ok, but small, more exposed to aforementioned risk factors, and Shrinking revenue makes it seem like a much riskier bet than ATT, Verizon, or Comcast. CTL looks like it's either dying, or made a bad acquisition and is limping along. Either way, ATT, Verizon, and comcast seem head and shoulders better investments. Is there something I'm missing that makes ATT, Verizon, and Comcast less attractive, or that makes the others more sensible? [link] [comments]  |
| What is the best way to get in front of ACTUAL investors to get feedback on my deck?? Posted: 08 Sep 2020 11:03 PM PDT So imagine I'm a brand spanking new startup and desperately want feedback on my pitch deck!! How do I find investors who will look it over and give constructive criticism? I figure, we all want to grow and develop - perhaps some investor wants to share their opinion - do you guys know of any resources or anything I can check out for guidance? [link] [comments]  |
| Serious Q: How far can the fed and governments go with propping the market? Posted: 08 Sep 2020 11:57 AM PDT Hi all, Probably some will downvote but I have a serious question. When the market crashed in Feb-Mar, the Fed and most governments around the world responded with unprecedented economy stimulus in many different forms and programs. Cash was given practically free and interest rates went to the bottom. And It wasn't only North America (US, Canada) but most of Europe as well. Jobs were added back and the market rallied to ATH we know today. But say the market crashes again. Then what? We can joke about the Fed printing unlimited amounts of money but at the end of the day all of the countries/governments I heard about have crazy amounts of debt now. At the end of the day you can't just magically decide to take another $3T in debt, as that was all of the ammunition we had the first time right? I'm specifically looking at the US, Canada, Germany in a scenario of 1) the market crashes again and 2) a second/third wave in the fall while the vaccine takes a good 6+ more months to complete. Could the governments actually afford to keep propelling the markets up and provide free money to businesses to gain the jobs that are being lost - or at some point they understand that they have too much debt and need to let the natural correction happen, as painful as it might be? And if they decide to take more debt - then what? No bottom and it'll be paid off by our grand kids while we'll also have increased taxes? [link] [comments]  |
| Looking for a good book about money management for value investing Posted: 08 Sep 2020 08:12 PM PDT Hello guys, I have been studying value investing for a couple months now. I have learnt how to evaluate company and how to read financial statement and etc. But I haven't found a book that focus on how to cut loss and position sizing. Could you guys recommend me a book that discuss about these topics. Thank you in advance! [link] [comments]  |
| You are subscribed to email updates from Lose money with friends!. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment