Daily Advice Thread - All basic help or advice questions must be posted here. Investing |
- Daily Advice Thread - All basic help or advice questions must be posted here.
- Tesla becomes 6th largest U.S. company, surpassing Berkshire Hathaway
- SPAC idea (microvast)
- Chinese stocks a step closer to getting removed from US due to auditing rules
- Difference between TQQQ and QQQ3
- Is ING Bank Underpirced?
- Does Fidelity not pay out NTDOY Dividends?
- Wash Sale Rule Triggered! Please help me understand
- Why do we talk so much about “Robin hood Traders”
- Why don’t you follow r/WallStreetBets?
- Portfoilio tracker/manager website/app that accounts for inflation?
- Sharing your favorite stock advisor service
- Is the market in a bubble and, if so, what will pop it?
- Quantumscape
- ��Is it better to exit trades at predetermined points or just keep rising stop loss until stopped out?
- Calculating US Govt Bond?
- Practical difference between Options and Warrants?
- Thoughts on marijuana companies?
- Bond investing: The fallen angels strategy?
- ELY falls after hours
- What does diversification mean to you?
- Investing in defense companies?
- EV companies are they too hyped up?
| Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 28 Nov 2020 04:09 AM PST If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions. If you are going to ask how to invest you should include relevant information, such as the following:
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions! [link] [comments]  |
| Tesla becomes 6th largest U.S. company, surpassing Berkshire Hathaway Posted: 27 Nov 2020 12:26 PM PST
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| Posted: 28 Nov 2020 12:14 AM PST THCB( MICROVAST EV/SPAC PLAY) WHY IM EXTREMELY BULLISH. Hi guys, I got a request on stocktwits i guess for people that didn't want to research this ticker, this is almost all the DD you can possibly find on THCB/MICROVAST . I DID THIS ALL ON WORDPAD SO IM GOING TO TRY TO UPLOAD THAT INSTEAD BUT GO AHEAD IF YOU WANT. (THCB) TUSCAN HOLDINGS CORP BLANK The Special Purpose Acquisition Company (SPAC) will fund the merger by raising $200 million from new equity issues, Bloomberg's sources suggested. Reportedly, the merger would create a new entity with a total valuation exceeding $2 billion. Green: Bullish+lets talk bout it ALL BOLD IS IMPORTANT BUT MOST OF IT IS NICE TO KNOW IF YOU WANT TO BE LONG They are in talks with MICROVAST which, a couple brokers even stated that it actually is a done deal, but things can be lost in translation,they will have to extend for a DA(Definitive Agreement) for the merger acquisition(DECEMBER 3rd DEADLINE). BECAUSE THEY ARE A SPAC THAT IS NEARING THEIR EXPIRATION FOR ACQUIRING A STOCK, 2 YEARS, WHEN THEY DO THE 90 DAY EXTENSION THAT MEANS THEY ARE TRUSTING IT TO HAPPEN OR ELSE WHY EXTEND. GET IT? IT IS A GIVEN 13$ STOCK THAT IS A HUGE BATTERY EV COMPANY, UNDERVALUED. ALL WE HAVE HEARD BETWEEN THESE TWO COMPANIES BY TUSCAN (THCB) "Microvast has a compelling financial profile, with significant historical revenues as well as projected growth and profitability(I can post that in end if i dont just ask but it is GOOD). With its battery technology installed in over 28,000 vehicles worldwide, an impressive, growing list of global OEM customers, and a strategic partnership with Fiat Power Train Industrial, Microvast is a proven technology leader driving the mass adoption of EVs. We are excited to partner with Mr. Wu and his experienced team and believe the valuation negotiated provides long term intrinsic value to Tuscan shareholders. We look forward to supporting Microvast in its next phase of growth as a public company," said Stephen Vogel, Chairman and CEO of Tuscan. BY MICROVAST CEO Yang Wu, Microvast's founder, Chairman and CEO added: "Our potential transition into a public company will help continue to fuel our design and development of market-leading ultra-fast charging, long-life battery power systems. Microvast expects to generate over $100 million of revenue this financial year. With the automotive technology experience and capital this transaction with Tuscan is intended to provide, we are confident we can build upon our established success and accelerate our growth in the electric vehicle battery industry." For now I will further explain what MICROVAST is MICROVAST has majority owned joint ventured companies( CHINA STATE GRID + Hengtong eBus Power Systems Co. Ltd. ) TWO SUCCESSFUL COMPANIES CEO= Wu Yang:Wu is a visionary leader and entrepreneur with over 20 years of experience in entrepreneurship and technology development Microvast, whose batteries powered the electric buses used in the 2018 Winter Olympic Games in Pyeongchang, South Korea, expects to generate more than $100 million in revenue this financial year, its founder Yang Wu said in a statement. Read below for Info about them and Microvast Founded in 2006 by Wu Yang, Microvast, Inc. is a completely vertically integrated advanced power and technology company. Microvast offers advanced power solutions for applications such as electric vehicles, grid scale energy storage, and industrial products. Microvast advanced LpTO batteries operate with high charge and discharge rates making them ideal for route based electric vehicle and grid scale energy storage applications. Apr 30, 2012 Microvast Opens World's First Ultra-fast Charging Station Microvast is pleased to announce that the world's first commercial, ultra fast charge, electric vehicle charging station began operations today. The electric bus charging station was jointly developed by Microvast and the China State Grid and is operated in Chongqing, China, where traditional bus commuter traffic exceeds 4 million rides per day ( in 2012.... lol, much more now) Each charger fills the bus battery in 5 to 10 minutes, functioning like a conventional gas station as opposed to a typical "Park & Charge" charging station About CHINA STATE GRID State Grid Corporation of China is the largest electric utility in the world. For distribution, it has subsidiaries in Northern, Northeastern, Eastern, Central, and Northwestern China. It was ranked seventh of the world's largest companies by revenue in the 2011 Fortune Global 500 list. Current companys locations and progressions 2014-2021 Microvast Locations USA,CHINA,GERMANY, UK In the early half of 2019, Microvast made new breakthroughs by entering Russia, South Korea, Kazakhstan, India, Thailand, New Zealand, Singapore, etc. It is revealed that its overseas revenue this year is expected to triple compared with that in 2018 thanks to its impressive expansion in Southeast Asian market. The battery maker completed building a production facility in Ludwigsfelde, Germany in July, Inas reported by Electrive. Operations in this facility are expected to commence in March 2021. Ludwigsfelde is close to Brandenburg — a state that is attracting electric carmakers and battery producers alike. Tesla Inc's is building a technologically advanced and high-volume production unit. Whereas, the German multinational company BASF SE BASFY is also setting up a production site to make battery materials, as per Reuters. The International Airport Charging Station is the first of multiple planned (AND FINISHED BELOW)charging stations scheduled for Chongqing as part of the cities investment plan to develop an advanced electric public transport system with more than 1000 ultrafast charge EV buses. "The Chongqing Fast Charge Technology is an important piece of Microvast's innovative CCT (Clean City Transit) Solution. Our technology, evaluated and demonstrated over the last year in six (6) prototype buses, is now ready for commercial operation in Chongqing. The prototype buses have each driven more than 25,000 miles and we are confident in their continued performance. By operating this new fast charge station, more and more people will take advantage of our green technology and move towards zero emissions," said Wu Yang, President and CEO of Microvast, Inc. HT eBus Power Systems Co., Ltd. has delivered 125 buses so far this year, and will produce up to 1,000 BEV and PHEV buses for Chongqing, equipped with Microvast's fast charging technology The ultrafast charge station is FINISHED AND located at the Chongqing International Airport New Development Zone and is utilized by a fleet of more than 30 full electric transit buses and additional plug-in hybrid electric buses. The buses carry passengers from nearby high technology manufacturing areas to residential areas on 20 mile route and are powered by ultrafast charge Microvast LpTO batteries manufactured by Microvast Power Systems Co., Ltd., a Microvast subsidiary. Forward Looking PR : With Microvast's ultrafast charging technology, each bus takes only a few minutes to completely charge after each route; charging for the buses takes place multiple times each day as the buses transport passengers. According to Lei Bingnan from Microvast, the company has already established cooperative ties with two major bus makers in India In the early half of this year, Microvast made new breakthroughs by entering Russia, South Korea, Kazakhstan, India, Thailand, New Zealand, Singapore, etc. Since its establishment, Microvast has been actively involved in the overseas expansion. In 2014, it officially entered London by securing an order for providing batteries to 1,000 units double-deckers. Later, it entered Germany, Belgium, Netherlands, etc. BULLISH PIC ^ ONE OF MANY JUST SCROLL DOWN AND SEE ALL THE NEWS OVER PAST YEARS http://m.chinabuses.org/index.php?q=microvast&m=wap&c=search&a=init&referer=&siteid=1&dosubmit= THE Link ABOVE IS THE BEST ONE I HAVE FOUD ABOUT MICROVAST SO FAR. I WILL POST OTHERS BELOW VERY GOOD STUFF FOR MICROVAST I LIKE http://m.chinabuses.org/news/11852.html INDIA MICROVAST http://m.chinabuses.org/news/11675.html 300 DAYS OF SMOOTH OPERATION IS BULLISH ASF http://m.chinabuses.org/news/11603.html ALPHA NEWS http://m.chinabuses.org/news/11481.html bull news http://www.microvast.com/index.php/about MICROVAST BUT THEY DONT SEEM TO CARE ABOUT THEIR WEBSITE. PICS ATTACHED BELOW FOR SOME DD AND INSIGHTFUL REDDIT COMMENTS 75% INSTITUTIONAL OWNERSHIP MEANS 75% OF THE VOTES WILL BE TUTES FOR MERGER/EXTENSION/ SO ITS A GIVEN THERE TOO [link] [comments]  |
| Chinese stocks a step closer to getting removed from US due to auditing rules Posted: 27 Nov 2020 06:40 PM PST TLDR Your favorite Chinese stocks will be fine. Nio, Xpev, and BABA are all audited independently by Pricewaterhousecoopers. Earlier this year BABA's CFO said they anticipate no problem with complying with US regulations. WSJ reports that next week the House will consider a measure that will force Chinese companies traded on American exchanges to follow American auditing rules -- or face getting delisted. This proposal has strong bipartisan support. The Senate version was passed unanimously. Reasons why it might not pass:
Good news:
The biggest companies hit will be the directly state-owned companies. They will probably never say yes to US auditing. You can find a list of China state-owned companies here (PDF) -- they are the companies with asterixis next to their names. Note the most popular Chinese stocks are not state-owned: BABA, JD, PDD, NTES, NIO, TME, YUMC, IQ, LI, XPEV, WB, DOYO, JKS, NIU, KNDI, and BYD. Analysis When this news hit the general public on Monday, you will see at 3-5% drop in some Chinese stocks. People are not going to read the entire article. They are just going to read the headline and start panicking. I think this represents a good opportunity to buy the dip on some of these companies, especially BABA -- which is criminally undervalued, and BYD -- the best EV play and Warren Buffett stock that no one is talking about. Our favorite meme stocks like NIO and XPEV are going to be fine. These companies are looking forward to penetrating the American market -- they are not going to jeopardize their relationship with America by refusing auditing rules. [link] [comments]  |
| Difference between TQQQ and QQQ3 Posted: 28 Nov 2020 02:59 AM PST Hi everyone, I've been looking into leveraged ETFs on the Nasdaq and ran into the two above. Any idea why they have the same underlying (Nasdaq / QQQ) and targets (deliver x3 returns) but they nevertheless deliver different returns over time? Also, it appears that QQQ3 has a lower management fee of 0.75% vs 0.95% for TQQQ - are there any downsides with investing in QQQ3 as opposed to TQQQ? [link] [comments]  |
| Posted: 28 Nov 2020 02:11 AM PST ING (Groep N.V.) is now trading at 12.59 projected PE and did not show any negative quarter throughout COVID-crisis. Interest Rates are ultra-low in Europe due to Government ciris measures (QE in US is particular, which resonates in Europe). A bunch of people will be getting loans to invest in real estate (+ other stuff, especially during "Revenge speniding" expected after COVID). Am I missing something? Or is it a good buying opportunity now? [link] [comments]  |
| Does Fidelity not pay out NTDOY Dividends? Posted: 28 Nov 2020 03:13 AM PST I noticed the other day that in Fidelity Brokerage's quotes, Nintendo's ADR stock NTDOY last paid a divided on 12/18/2018 but I know that Nintendo has been paying dividends since then according to Nintendo's website: https://www.nintendo.co.jp/ir/en/stock/dividend/index.html Did something change and Fidelity no longer gives you the dividends on it? NTDOF doesn't have any dividends listed either. [link] [comments]  |
| Wash Sale Rule Triggered! Please help me understand Posted: 28 Nov 2020 12:50 AM PST If a wash sale rule triggered, will the date changes? Do I have to hold the for 30 or 60 more days to get out of this stupid rule? I currently have HYLN warrants, and I want to sell at a loss so I can write off taxes, but I innocently triggered wash sale rule twice (thought I was safe to sell). Wonder what steps can I do. I think the best way is to hold these warrants? Though it would be annoying to convert them to shares, I would like to understand when can I sell for losses. Background: I purchased 300 warrants originally, then I sold some gains on SHLL shares to buy 100 more pre-converted HYLN (still SHLL)warrant around 10/1. Then I sold 18 days(ish) later to realize it would triggered a wash sale. That's fine. Then i impulsively purchased 50 more about less than 1 month later, then I just sold 50 warrants 25 days or so later which was 2 days or so ago (2nd triggered). Thank you for reading! [link] [comments]  |
| Why do we talk so much about “Robin hood Traders” Posted: 27 Nov 2020 03:10 PM PST Self managed discount brokers have been very hot recently pushed by young adults. Looks like if you are a young adult trading on the market, you fit the "Robin hood" category. A lot of analysts was explaining the big push of Tech stocks during the dip recovery due to this new generation of Robin hood trader. That is the explanation for Tesla and NIO having an "overvalued" price. However, anyone who has financial knowledge knows that small retail investors do not have a significant influence on the market. Do you really think that the most broke generation, investing their 20k, can alone push the market so high? The big players are the pension funds, endowments funds, investment funds, hedge funds, corporations, all the boomers got a shitload of money. So I don't understand why I see sometimes financial guys on TV mentioning "Robin Hood Traders" when they are trying to explain a high valuation of a certain stock. I am sure it is a drop in the sea, it is not like Robin Hood traders were the FED being able to print money at an infinite rate to put in their beloved stocks. [link] [comments]  |
| Why don’t you follow r/WallStreetBets? Posted: 28 Nov 2020 04:00 AM PST People here should jump on those meme stocks. It's been working for us. I've probably made triple the amount you have made the last 4-6 years just since March... I'm at 1600%. It won't hurt you. And you don't have to be in it for the long run. Just ride the wave 🌊. [link] [comments]  |
| Portfoilio tracker/manager website/app that accounts for inflation? Posted: 28 Nov 2020 03:08 AM PST Hi, Really as per subject: Can anyone recommend a good portfolio tracker/management website or app that can account for inflation - that is indicate "real" profits based on buy/sell dates? Will need to allow manual entry of funds not on many data feeds. Yahoo Finance doesn't seem to do this, unless I can't find the feature. I'm UK based, but as long as the system is reasonably location agnostic, it does not have to be a UK based system. I don't mind entering inflation data manually either. Don't mind if free or sensible fee. Priority is "overall profit/loss estimation", less bothered about deep research and data as I can go elsewhere for that. Thanks folks :) [link] [comments]  |
| Sharing your favorite stock advisor service Posted: 28 Nov 2020 12:40 AM PST I'm just curious. Do folks here currently, share/would be interested in sharing, your paid subscriptions to your favorite stock picker or advisory services? With services like AccessUrl, you could split or double the benefits of your currently paid subscription services with each other. Do you? Would you? [link] [comments]  |
| Is the market in a bubble and, if so, what will pop it? Posted: 27 Nov 2020 08:46 PM PST Lots of analysts seem to believe we're in the midst of a stock market bubble, quite probably a very large one. I'm not sure how much to believe them but it seems likely to me. Feels really weird that in this time when big segments of the economy are being hit really hard, the market is rising like mad. Are we in a major bubble? Why or why not? If we are, what event or kind of event do you expect will trigger the pop? [link] [comments]  |
| Posted: 27 Nov 2020 07:35 PM PST Hello everyone, I'm new to investing, but have been doing loads of research the past couple of weeks. I know im interested in renewables, and have come across a company called quantumscape. They mainly are involved with solid state lithium ion batteries. Can anyone give me any advice on this one? Interested in it. [link] [comments]  |
| Posted: 28 Nov 2020 02:50 AM PST Which method makes more sense? 1. You enter trade, set a stop loss and set an exit point. 2. You enter trade, set a stop loss and don't set exit point, yet keep rising the stop loss as asset goes up. Which do you think makes more sense? [link] [comments]  |
| Posted: 28 Nov 2020 01:59 AM PST Investing in bonds seems more difficult? Sure you can get dividends, but now I look that the price skyrocketed compared in the past, and suppose I'll sell in 1-2years (suppose economy will slowly recover) and the bond price will go down, then it's pretty much a loss correct? Meaning, it's not good to make in bond investment at this stage? [link] [comments]  |
| Practical difference between Options and Warrants? Posted: 27 Nov 2020 12:17 PM PST Hi. I am kind of new to Options and Warrants, so I have this here question: For me, a buyer, what are the practical differences that directly affect me between Options and Warrants? I have looked up the differences and I know there are definitely many, but to me as a buyer, does it matter? Both give me the right to buy or sell a specific stock at a certain price. Is there a difference in the way the strike price or delta is calculated? I haven't found an explanation to that which I can understand properly. I know Options aren't r/investing's fav thing, but I thought I might at least get an educated answer here. Thanks for your time :) [link] [comments]  |
| Thoughts on marijuana companies? Posted: 28 Nov 2020 12:27 AM PST It's been announced that the house will hold a vote this upcoming week and the federal decriminalization of marijuana, and am curious on everyone's opinions on whether it would be a good or bad time to invest into these companies, I personally only see growth or staying even as a possible outcome for this event. [link] [comments]  |
| Bond investing: The fallen angels strategy? Posted: 27 Nov 2020 06:21 PM PST Soon to acquire a lump sum that I can use to retire debt at 2.75% (a mortgage of course) or else invest it somewhere. My time horizon is 5+ years so I can tolerate moderate-length drawdowns. I'm contemplating a mix of $ANGL and $FALN with some ??? sprinkled-in. Curious to hear your opinions of fallen angels as a multi-year and possibly multi-decade investment strategy. Primer here (PDF): https://content.ftserussell.com/sites/default/files/research/fallen-angels-in-the-credit-market.pdf?_ga=2.188902690.860717559.1606523416-540375139.1606523416 the summary:
My shitty tl;dr: Fallen angels are formerly investment grade bonds that have slipped below BB- and thus become "junk" which entails a bunch of forced selling from every direction. As a fallen angel they can be acquired well below par. The majority of these regain their investment grade status which means they eventually get sold much closer to par. It's a mechanical "buy low sell high" strategy that has worked remarkably well (edit:at least) since 2002. Thoughts on the risk-adjusted return of fallen angels? [link] [comments]  |
| Posted: 27 Nov 2020 11:38 PM PST I own a small position in ELY that I bought after last months dip following the news of the top golf acquisition. After hours today ELY dropped over 8%, and I can't figure out why. I searched the news for any articles or explanations but nothing. Was this a pump and dump run? Or something else. Anyone have a explanation for this? Thanks. [link] [comments]  |
| What does diversification mean to you? Posted: 27 Nov 2020 08:42 AM PST I'm curious what everyone is doing for diversification. More specifically a breakdown between: number of individual stocks Percentage in individual stocks Percentage in Funds/ETFs I own 12 stocks that make up 40% of my portfolio and 60% is in index funds [link] [comments]  |
| Investing in defense companies? Posted: 27 Nov 2020 10:35 PM PST Hi guys I am quite new to investing and don't have a lot of money to put into it(something like 3-4k),but wanted to get into it anyway and see what comes out. I did some research and I am generally interested in the defense industry so I decided to buy some stocks of companies in this sector. I think it is an industry with a lot of potential given the fact that defense spending is at all time high since the collapse of the SSSR. My plan is to buy something and keep it long term. Any advise or recommendation is much appreciated. [link] [comments]  |
| EV companies are they too hyped up? Posted: 27 Nov 2020 09:54 AM PST Recently many electric companies have seen rallies like none other companies like Tesla and Nio, Xpeng, Nikola, Li and Blink have almost rise to prominence overnight. My question is the EV industry running on speculation or there is market correction coming ? [link] [comments]  |
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