Stocks - r/Stocks Daily Discussion & Options Trading Thursday - Jun 03, 2021 |
- r/Stocks Daily Discussion & Options Trading Thursday - Jun 03, 2021
- Beware of what AMC shorts are holding!
- Why does pre market exist and why are options not included?
- Companies no one is talking about
- Here is a Market Recap for today Thursday, June 3, 2021
- Washington to bar US investors from 59 Chinese companies
- What stocks to buy if literally every sector is overvalued?
- Anybody else’s portfolio being dragged downed by United Airlines?
- Crowdstrike (CRWD) First Quarter Fiscal 2022 Financial Highlights
- Is there a general rule as to what happens to a stock price when the company is sold?
- r/Stocks Discuss Overlooked Stocks Thursday - Jun 03, 2021
- With wood prices so high, curiosity struck me. Why is wood so expensive and where is all the money going?
- r/Stocks Daily Thread on Meme Stocks Thursday - Jun 03, 2021
- Portfolio Revamp
- $ETSY bought Depop at a premium of 20x revenue. Is $POSH and $TDUP undervalued?
- What are your thoughts on NVDA?
- Can innovative companies flourish during a crash?
- Debit spread to lock in gains
- Struggling to fully understand puts
- Exact Sciences - Future Global Leader in Advanced Cancer Diagnostics
- Dean Foods cant sell on IB
- ESTC (Elasticsearch):Why is everyone(in particular analysts) so bullish on it?
- Anybody have any insights into ASTS?
- NEGG - What am I missing?
| r/Stocks Daily Discussion & Options Trading Thursday - Jun 03, 2021 Posted: 03 Jun 2021 02:30 AM PDT This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme and/or post your arguments against options here and not in the current post. Some helpful day to day links, including news:
Required info to start understanding options:
See the following word cloud and click through for the wiki: If you have a basic question, for example "what is delta," then google "investopedia delta" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Beware of what AMC shorts are holding! Posted: 02 Jun 2021 06:12 PM PDT I understand that most people in this thread invest safely and aren't willing to risk their money on a risky play like a short squeeze. However, I would recommend to everyone to at least acknowledge that a short squeeze is potentially happening, and could potentially continue to happen. What this means is you should be weary of which Hedge Funds are shorting AMC at the moment, AND WHAT THEIR LONG POSITIONS ARE. If AMC or GME begin to cause Hedge Funds to get margin called and liquidated, we might be in for a flash crash of some of the biggest named stocks. Here are a list of institutional short sellers of AMC: https://fintel.io/sosh/us/amc Here are their top 10 LONG positions to be aware of: CITADEL: (Right side is cash value x 1000) SPY / SPDR S&P 500 ETF Trust 25,300,042 (so for instance they have $25.3 Billion in SPY) TSLA / Tesla Motors, Inc. 16,340,907 TSLA / Tesla Motors, Inc. 13,815,397 SPY / SPDR S&P 500 ETF Trust 13,196,441 AMZN / Amazon.com, Inc. 10,508,424 QQQ / PowerShares QQQ Trust 9,906,178 AMZN / Amazon.com, Inc. 9,630,943 QQQ / PowerShares QQQ Trust 6,566,227 AAPL / Apple Inc 4,801,277 GOOGL / Alphabet Inc 4,460,200 Susquehanna: (Right side is cash value x 1000) TSLA / Tesla Motors, Inc. 29,678,267 TSLA / Tesla Motors, Inc. 28,540,115 AMZN / Amazon.com, Inc. 21,482,507 AMZN / Amazon.com, Inc. 20,624,209 SPY / SPDR S&P 500 ETF Trust 19,066,564 SPY / SPDR S&P 500 ETF Trust 16,607,178 QQQ / PowerShares QQQ Trust 16,514,882 QQQ / PowerShares QQQ Trust 9,311,607 AAPL / Apple Inc 8,136,204 IWM / iShares Russell 2000 ETF 7,907,133 JANE STREET GROUP: (Right side is cash value x 1000) AMZN / Amazon.com, Inc. 12,186,962 TSLA / Tesla Motors, Inc. 11,435,697 QQQ / PowerShares QQQ Trust 9,202,209 AMZN / Amazon.com, Inc. 8,337,308 TSLA / Tesla Motors, Inc. 5,200,770 SPY / SPDR S&P 500 ETF Trust 4,943,305 AAPL / Apple Inc 3,751,288 IWM / iShares Russell 2000 ETF 2,992,146 QQQ / PowerShares QQQ Trust 2,789,643 HYG / iShares iBoxx $ High Yield Corporate Bond ETF 2,717,645 WEISS: (Right side is cash value x 1000) SOMERSET REINSURANCE LTD. TERM LOAN / LON (000000000) 32,500 WORK / Slack Technologies Inc 19,567 GOOGL / Alphabet Inc 18,354 PDM / Piedmont Office Realty Trust, Inc. 17,051 MPW / Medical Properties Trust, Inc. 16,274 MSFT / Microsoft Corporation 16,240 WRI / Weingarten Realty Investors 16,143 COHR / Coherent, Inc. 16,067 DE SHAW (Right side is cash value x 1000) MSFT / Microsoft Corporation 2,003,022 AAPL / Apple Inc 1,655,873 AMZN / Amazon.com, Inc. 1,044,914 TSLA / Tesla Motors, Inc. 1,018,948 TSLA / Tesla Motors, Inc. 935,302 DIS / Walt Disney Co 823,333 MRK / Merck & Co., Inc. 755,729 KO / Coca Cola Co. 718,341 FB / Facebook Inc 672,642 NVDA / NVIDIA Corporation 660,426 DISCLOSURE: I have no positions or options, long or short, in AMC or any of the stocks listed here. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Why does pre market exist and why are options not included? Posted: 03 Jun 2021 08:22 AM PDT Seems pretty unfair that the market is only "open" from 9:30-4pm yet trading can still take place practically all day long. It really sets you up for failure when a stock closed high but then opens at half its price. I know that "I can trade after hours too" but seriously I cant possibly pay attention to something from 4am-8pm every day. And why aren't options tradable? I am supposed to just sit there and watch my options loss all its value in pre market but cant do anything about it? If the price can change after hours why cant I tend to my options? Doesn't make sense to me. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Companies no one is talking about Posted: 03 Jun 2021 05:24 AM PDT Good morning! In the last year I have spent so much time researching companies and chances are my watchlist looks like many of yours. I've been focused on zoom, tesla, crowdstrike, twlo, and stay at home stocks like fiverr, pton, and etsy. While many of these companies still have decades worth of growth ahead of them (amd), I haven't found any new exciting stocks recently. C3AI and coupang are about the only two. Coupang is the only one i would consider investing in at this moment. Would love to research some of the companies that are flying under the radar if any of you have your eyes on one. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Here is a Market Recap for today Thursday, June 3, 2021 Posted: 03 Jun 2021 01:46 PM PDT PsychoMarket Recap - Thursday, June 3, 2021 Stocks dipped today, with the three major indexes pulling back after a recent run of gains in the last two weeks. Seems like after the recent run of gains we are seeing some profit taking across the board. I see no real reason for the dip given that new economic data released today was overwhelmingly positive. Looking ahead, market participants are waiting for May's Job Report slated to be released tomorrow. Amid negotiations with Republican lawmakers regarding the proposed infrastructure bill, today, the Washington Post reported that President Biden was open to reconsidering his previous proposal to raise the corporate tax rate to from 21% to 28%. This proposed increase has been one of the main sticking points during negotiations. Now it is reported Biden would recommend a minimum corporate tax rate of 15%. We got two pieces of good news in the labor market today. On one hand, according to a report by payroll processing firm ADP, the private sector added 978,000 jobs in May, well ahead of consensus estimates of 650,000. On the other hand, according to the Labor Department's Weekly Jobless claim report, showed 385,000 new jobless claims, roughly in-line with 387,000 estimate and a fresh pandemic low, a great sign that the labor market is improving as the economy continues to recover. These reports set the stage for the official May Jobs Report set to be released tomorrow by the Bureau of Labor Statistics, which will be critical in determining the pace of economic recovery and whether the Federal Reserve will consider tapering monetary support in the near future. The April Job Report was extremely disappointing, showing only 266,000 jobs added compared to the 1 million expected, and marking a sharp deceleration compared to March. Highlights
"To bear trials with a calm mind robs misfortune of its strength and burden." - Seneca [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Washington to bar US investors from 59 Chinese companies Posted: 03 Jun 2021 10:49 AM PDT Full article here: https://www.ft.com/content/91e6fb2a-6385-49b3-83aa-8044374805c4
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| What stocks to buy if literally every sector is overvalued? Posted: 03 Jun 2021 08:34 AM PDT Honestly, what sectors are really worth buying right now? Everything is overvalued because of low interest rates. As soon as interest rates rise, the market is gonna crash big time. A recession is coming no doubt. Real estate is overvalued. Tech is overvalued. I would think maybe commodities / retail would be okay for short term, but even then. Is it worth investing right now? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Anybody else’s portfolio being dragged downed by United Airlines? Posted: 03 Jun 2021 09:18 AM PDT It's just weird, I would've expected that given that we are entering the summer times and given the positive Covid vaccination rates and increase in ridership that the stock would hovering around the $65 -$70 and yet it has remained stagnant. My investment horizon still remains to exit by Q3 of next year but man I would have expected the stock to start trending to it's pre-Covid pricing. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Crowdstrike (CRWD) First Quarter Fiscal 2022 Financial Highlights Posted: 03 Jun 2021 01:28 PM PDT First Quarter Fiscal 2022 Financial Highlights
Source: https://finance.yahoo.com/news/crowdstrike-reports-first-quarter-fiscal-200500991.html [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Is there a general rule as to what happens to a stock price when the company is sold? Posted: 03 Jun 2021 06:18 AM PDT An entertainment company I have shares in is very possibly selling off the business in the next year (as a whole entity, not breaking it down)... is there a pattern of up/down movements that follow such an announcement? Or is it impossible to predict? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| r/Stocks Discuss Overlooked Stocks Thursday - Jun 03, 2021 Posted: 03 Jun 2021 09:00 AM PDT It's lunchtime, Wall St time; time to discuss overlooked stocks that no one is talking about: Overlooked & possibly undervalued stocks. All the rules of r/Stocks still apply, so please see the sidebar or click here. But here's the twist you can't bring up meme stocks that have been hotly discussed in the past several weeks. Those stocks that everyone has been talking about, you can't bring up here or they'll be autoremoved. Why? It's to keep this thread pure & focused. The current list of meme stocks can be found here. So don't mention these stocks in this post or your comment will be removed. Need ideas on which stocks to discuss, try a screener like this one. Important links:
After discussing your stock here, feel free to create a post on r/Stocks with all the information you might have just learned. Thanks & enjoy! [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 03 Jun 2021 02:43 PM PDT Wood is crazy expensive right now. and most seem to believe that the cost is driven by the demand for wood. But financial statements from 4 of the top 5 companies argues another excuse. According to Sawmill DB, the top 5 production mills in the US are: West Fraser, Canfor, Weyerhaeuser, Georgia Pacific (Not PT), and Resolute forests. Since GP is not publicly traded everything I share will not include them. One thing I noticed with all of these companies is that in the past year their stock price has sky rocketed.
Why is their price doing this? it isn't like wsb is simping over it. Looking at all of their filings for the SEC tells you exactly why their price has jumped. it will also tell you why the price of wood has also skyrocketed. and it isnt a jump in demand that caused their price to raise or the price of wood to raise. These companies are just selling them for higher prices and pocketing the excess profit. There are 4 data points that support the artificial jump in prices. Inventories, Sales, COGS, and New Earnings. below is the data for all 4 companies. West Fraser
*their acquisition of norbord was 707,000,000 of that unfortunately COGS for it isn't available. West Fraser has seen a jump in net earnings of over 7k percent. In one year they grew their net earnings by over 72x. COGS only increased by 65% which means the price of lumber or getting the lumber hasn't changed. This jump in COGS is likely due to Norbord. So even taking that out of the equation would mean they doubled their sales in a year. That is absolutely nuts. That is a profit margin that went from 2.4% to 66%. that is not normal, either. but we aren't done lets look at the other companies. Canfor
Weyerhaeuser
Resolute Forest Products
Some interesting things to point out:
Everything I shared with you is because a friend at work noticed this with west fraser. I wanted to confirm that this was a market wide phenomenon. I think it is safe to say that the increase in wood isnt market force related but rather artificially inflated reasons. Let me know what you think in the comments. This is my first time ever sharing research I did and If I missed a crucial step I would love the critique. If I get good at doing this I will probably submit more findings I have in the future. Thank you. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| r/Stocks Daily Thread on Meme Stocks Thursday - Jun 03, 2021 Posted: 03 Jun 2021 04:00 AM PDT The meme stock scheduled posts will run Mon to Fri and won't be a sticky; you're probably seeing this because automod sent you here or you woke up early Wall St time; good morning! Welcome traders who just can't help them selves discuss the same exact stock that's been discussed 100s of times a day. I get it, you want to talk about what's popular, what's hot, and that 1.. single.. stock you like.. well here you go! Some helpful links just for you:
An important message from our mod u/TCGYT regarding meme stocks. Lastly if you need professional help:
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| Posted: 03 Jun 2021 12:46 PM PDT Ok so I've been in the markets for about a year but I only started investing about 9 months ago. My holdings are BA, JPM, AAPL, AMD, and ETSY with the largest being BA and the smallest ETSY. My school just ended today and I've been contemplating to sell ETSY ( I have a 185 cost basis for reference), not because it fell of earnings but because I'm looking to approach stocks for with a more value mindset and after further evaluating their business model I don't know if it's that sustainable for long term growth. Also, if I sold ETSY for a loss not only could I write it off but put the money into something like AMD, BA, or HP which I'm looking to buy more of or start a position in. Also, for reference on all of my positions except AMD and ETSY I'm up on and for the ones I'm down on I'm not down that much. What do you guys think [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| $ETSY bought Depop at a premium of 20x revenue. Is $POSH and $TDUP undervalued? Posted: 03 Jun 2021 08:58 AM PDT Yesterday $ETSY announced it was purchasing Depop for $1.6B. In 2020 Depop revenue was $70M. Etsy CEO justified the purchase by stating that the second hand apparel industry will double to $65B in the next five years, citing a study made by Global Data. However, the other resale players are trading at much lower valuations considering their revenues. ThredUP ($TDUP) is expected to have $220M in revenue this year and is trading at 10x revenues with a market cap of $2.1B. Poshmarck ($POSH) is trading at 9x revenue with a market cap of $3.8B. Are this two companies undervalued or did $ETSY overpay for the Depop purchase? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| What are your thoughts on NVDA? Posted: 02 Jun 2021 07:53 PM PDT I'm debating going all in on NVDA. I had something like 20 shares and I sold before the earnings announcement, which the stock dropped after, but now has continued on an uptrend. I'm debating on buying 50 shares before the split. I believe in the company, the CEO, and the revenue is excellent. They are up 83% from the 2020 quarter earnings. They are the leader in GPUS (by far) and I really feel like this is a solid company, based on the technology and their earnings. I am debating on investing 33k until the split to see how it goes. The stock is at an all-time high, but is clearly in an uptrend, with the revenue to back it up. What are your thoughts on NVDA? Is this a buy? Or is it too high? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Can innovative companies flourish during a crash? Posted: 03 Jun 2021 09:59 AM PDT I am wondering if anyone knows from experience, and can say (without guessing) whether many small companies with innovative tech, such as a recently FDA approved treatment, or a game changing battery solution - or anything important or significant - have significant increases in stock price during a major crash? We're there many examples of such companies after the 2008 crash? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 03 Jun 2021 07:11 AM PDT Can anyone help me with this, I bought a July call and am marked PDT. I want to open a debit spread to lock in gains but there is no higher strike on that date for me to do so. For a debit spread the expiry has to be the same as original call right. Am I screwed [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Struggling to fully understand puts Posted: 03 Jun 2021 04:40 AM PDT I was trying to learn a little bit about calls and puts, and I am kinda getting stuck. If stock XYZ is at $100 right now and I believe that it will go down to $80, should I try to buy a put with a strike price of $80, or with a strike price closer to the actual stock price? In other words, (when factoring out the cost of each contract to keep things simple) if I buy a contract with a strike price of $80, and the stock does go below $80, do I make the $20 difference from the price now and my strike price? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Exact Sciences - Future Global Leader in Advanced Cancer Diagnostics Posted: 03 Jun 2021 04:54 AM PDT Goldman Sachs initiated coverage on Exact Sciences today with a buy rating and a $160 price target, which represents more than a 45% premium to the current valuation. Why is Goldman so bullish? The company's stool DNA test for colorectal cancer (CRC) screening is poised for growth. Cologuard was recently recommended by the United States Preventive Services Task Force (USPSTF) for all adults at normal risk for developing CRC in the 45-49 year age group. This represents 19 million potential new customers for Cologuard, and Cologuard has been shown to be particularly effective as a screening test (high sensitivity and specificity) in this younger age cohort. There are other significant tailwinds for growth in the next 6-12 months, including sales reps (both Exact Sciences and Pfizer reps) slowly returning to doctors' offices as the pandemic wanes, colonoscopy capacity insufficient to handle giant backlog in CRC screening, electronic ordering now online thru EPIC, and patient wellness visits increasing as things get back to normal. In addition to Cologuard, Exact Sciences' Oncotype DX test for breast cancer patients is standard of care worldwide for treatment decisions for 70% of women with breast cancer to determine whether chemotherapy may be beneficial. Exact Sciences also purchased PFS Genomics recently, and as a result will bring to market a test to determine whether radiotherapy may be beneficial. These tests will spare countless women from suffering from needless chemotherapy and radiotherapy. Exact Sciences surveillance test for hepatocellular carcinoma - Oncoguard Liver - is currently available and will be rolled out in the next 12 to 18 months with data to be released soon and FDA/CMS approval being sought. Exact Sciences studies for Cologuard 2.0 and CRC blood test underway and expected to cement Cologuard's position as the leading CRC screening test for adults ages 45 and over at normal risk for developing CRC. Exact Sciences is developing a multi-cancer blood screening test incorporating recently acquired Thrive Early Detection's CancerSeek technology along with it's own DNA methylation technology to create the world's leading multi-cancer screening test. This would obviously be a game changer with a total addressable market of $25 billion plus annually. Exact Sciences has the technology, scientists, labs, commercial team, and management in place to become the GLOBAL leader in early cancer detection and treatment! I'm very proud to be fully invested in this company, which is leading the fight against cancer by means of early detection. When detected in its earliest stages, cancer is much more survivable (approximately 90% survival rate vs 10% in late stages) which is why early detection is so important. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 03 Jun 2021 01:30 AM PDT Dean Foods was going through a chapter 11 bankruptcy which is a reorganization of debt rather than a liquidation (chapter 7) I have a few hundred bucks worth of Dean Foods stock the ticker was DFODQ but IB has changed this to DFODQ.OLD and says it cant be traded and is offering me a liquidation form where I get $1 for the stock, does anyone know what is happening with this stock? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ESTC (Elasticsearch):Why is everyone(in particular analysts) so bullish on it? Posted: 03 Jun 2021 01:48 PM PDT I know that it's quite a good tool but, after earnings analyst across all firms have come out with above a 50% upside on this company. I've avoided it as I assume that their moat is narrow. Could anyone highlight what I'm missing? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Anybody have any insights into ASTS? Posted: 03 Jun 2021 01:41 PM PDT I have seen this mentioned randomly before, but nothing much else. Their concept seems solid, space based cellular service, but I don't want to invest without learning a little more. Looking at yahoo finance I can't find a ton of information on them. All I can seem to find news wise is 2023 seems to be when things will take off, literally, when they start launching satellites and what not. Does anybody have any additional information into the company? Are you looking into them too? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 03 Jun 2021 01:33 PM PDT I must be missing something here, can someone please help me? From what I can see, it looks like New Egg does + $2B of revenue annually and only has a market cap of $35M? They IPOd recently through LITT. TIA [link] [comments]  |
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