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    Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Jun 08, 2021

    June 08, 2021

    Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Jun 08, 2021

    r/Stocks Daily Discussion & Technicals Tuesday - Jun 08, 2021

    Posted: 08 Jun 2021 02:30 AM PDT

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme and/or post your arguments against TA here and not in the current post.

    Some helpful day to day links, including news:

    Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions.

    The main benefit to TA is that everything shows up in the price (commonly known as "priced in"): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.

    TA can be useful on any timeframe, both short and long term.

    Intro to technical analysis by Stockcharts chartschool and their article on candlesticks

    If you have questions, please see the following word cloud and click through for the wiki:

    Indicator - Trade Signals - Lagging Indicator - Leading Indicator - Oversold - Overbought - Divergence - Whipsaw - Resistance - Support - Breakout/Breakdown - Alerts - Trend line - Market Participants - Moving average - RSI - VWAP - MACD - ATR - Bollinger Bands - Ichimoku clouds - Methods - Trend Following - Fading - Channels - Patterns - Pivots

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    r/Stocks Daily Thread on Meme Stocks Tuesday - Jun 08, 2021

    Posted: 08 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:

    • Problem Gambling: Call/Text: 1-800-522-4700 or chat online now.
    • Crisis Hotline (24/7): 1-800-273-TALK (8255) (Veterans, press 1) or Text "HOME" to 741-741
    submitted by /u/AutoModerator
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    Take Emotion Out of Trading

    Posted: 08 Jun 2021 06:07 AM PDT

    Across the many invest/stock subs there is a lot of meme stock posting going around. I am not against this by itself, as there is money to be made, but be smart, especially those who are new to this.

    We have all been there, bought a stock at $10 it goes up to $20 and you're like, it will never fall, then it goes to $15 and you say, when it is back to $20, then I'll sell. You end up selling at $7 for a loss.

    When stocks have these crazy runs, just 'stop-loss limit sell orders. For example, I'm currently in $CLOV, bought in at $11.65. It's currently trading at $16.10 at the time of post. I have a 'stop-loss limit' order at $15. Meaning, if the stock drops to that level, it sells automatically.

    Of course, it could drop to that level, I sell, and then it rockets to $25, but ignore those. This will guarantee I can ONLY make a profit. I HIGHLY recommend you use these automatic sell triggers to prevent yourself from believing STONKS can ONLY go up. Guarantee you make a profit and while you may be sad when you sell a little early, you will love it when you don't take a loss which I guarantee most of these meme stocks will turn out to be in the long run.

    tl:dr Use stop-loss limit orders to not get screwed over when the bubble burst. Enjoy the ride and I hope you all become super-rich one day (if you're not there already)!

    submitted by /u/SpeedoManXXL
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    WSJ: Lordstown Motors said in a filing that it doesn’t have sufficient cash to start commercial production

    Posted: 08 Jun 2021 01:00 PM PDT

    https://www.wsj.com/articles/lordstown-motors-amends-annual-filing-with-going-concern-notice-11623181411?st=2m6iyvysdpq9ozq&reflink=desktopwebshare_permalink

    ​

    Electric-truck startup Lordstown Motors Corp. RIDE disclosed in a new regulatory filing Tuesday that it doesn't have sufficient cash to start commercial production and has doubts about whether it can continue as a going concern through the end of the year.

    ​

    Edit 1: Market has reacted strongly to the news, with RIDE closing at -16.27% for the day

    submitted by /u/prefixspan
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    Fastly(FSLY) had a worldwide outage Today resulting in sites such as Amazon, Reddit, and Walmart crashing yet their stock price went up 10%

    Posted: 08 Jun 2021 03:40 PM PDT

    Fastly (FSLY) is a major CDN services provider which had a worldwide outage Today resulting in sites such as Amazon, Google, Reddit, Walmart and many more to crash for over an hour yet their stock price went up 10%.

    For obvious reasons youd imagine the stock price would have dropped Today.

    I'm interested to hear others thoughts on this.

    If I were to guess, I would say that the outage emphasised how important FSLY is to the every day running of dozens of the worlds largest websites. If you didnt know how popular it was before, you do now! Even I considered buying some stock this morning after I realised how widespread this company was however the anticipated dip never came.

    submitted by /u/ImReellySmart
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    $ASTS is the Third Highest Gainer in the Market Today (50+%) - Why This STARLINK Complimentor is the BEST RISK/REWARD Stock Today!

    Posted: 08 Jun 2021 02:55 PM PDT

    FACTS

    SITUATION OVERVIEW

    • ASTS is embarking on an ambitious plan to deploy its patented technology that allows direct-to-device 5G mobile service from its constellation of low-earth-orbit ("LEO") satellites

    • With a large global market opportunity, ASTS is positioned as a "tower company in the sky" and benefits from partnerships and investment from customers, device manufacturers, and would-be competitors

    PRODUCT

    • ASTS is building the first-of-a kind and only space-based cellular broadband network that is direct-to-device; a consumer's existing handset will work with ASTS's service in tandem with traditional terrestrial mobile service - ASTS also works with IoT enabled devices

    • The constellation utilizes low and mid-band frequencies shared with partners on a non-interference basis; ASTS does not use mobile satellite spectrum but instead delivers service over spectrum allocated for terrestrial mobile use

    • ASTS utilizes high throughput backhaul to terrestrial networks

    • The service will eliminate coverage gaps, is compatible with all phones, provides broadband data speeds, and is accessible via one-click on a user's device

    MARKET

    • ASTS is targeting the large mobile 5G market, specifically in markets where terrestrial infrastructure (e.g. towers) is less developed

    • ASTS is a beneficiary of the following secular trends: i) falling launch costs, ii) high smartphone penetration, iii) broadband demand iv) 5G IoT proliferation

    • ASTS cites 3.3BN people who are covered but not connected to cellular broadband and another 700MM people who are not covered by existing networks and not connected • Key regional opportunities include India, Africa, and Equatorial regions • The service is well-suited for low/medium density sites as well as for emergency back-up during natural disasters

    MANAGEMENT

    • CEO Avellan holds 18 patents and was the founder of Emerging Markets Communications (sold for $550MM in 2016)

    • The deep executive ranks include executives from Orbital ATK, Globecomm, NASA, and Maxar

    • The team has 161 scientists and engineers, 34 of whom are PhDs

    COMPETITORS

    • ASTS competes with high-cost legacy providers, including Iridium

    • Legacy satellite providers require unique handsets for users to connect

    • ASTS also competes with the build-out of standard terrestrial 5G mobile equipment

    • Competitor Lynk advertises a similar product but appears significantly behind both with respect to commercial, financial and technical milestones

    PRIMARY INFO

    (See link at top)

    OTHER

    • Investors include Vodafone, Rakuten, American Tower, and Samsung; all are re-upping in the PIPE

    • ASTS owns 51% of NanoAvionics

    TIMELINE

    • April 2019 – BW 1 was launched, validating system architecture

    • 2H 2021E will launch BW3

    • 2H 2022E/1H 2023E first commercial launches of 20 satellites for Equatorial coverage, with 110 satellites by YE 2023 and 168 satellites by YE 2024

    OPINIONS

    SUMMARY

    • ASTS is an exciting event-driven story stock with open-ended upside that is cemented in reality by proven entrepreneurs, significant industry backing, and bone fide strategic agreements in place that address key commercial aspects of the business

    • Management funded the seed capital for the business, highlighting their confidence and 'skin in the game'

    • Targeting mobile 5G is a 'big idea' that augments that excitement generated by fixed-broadband players such as Starlink while addressing the cost accessibility issues that are likely to be present in developing markets

    • The stock benefits from a dynamic where it cannot be disproven, leaving investors free to speculate and discount key assumptions, including service penetration among partner carriers and ARPU

    • The investment set-up is favorable since a high capital intensity space venture is poorly suited for private markets, yet requires the capital available in the SPAK market – the set-up is not a 'foist' by private market investors onto unsuspecting retail investors but instead a legitimate capital raising exercise that harnessed the SPAK market instead of exploiting it

    • With 1-year lock-ups on existing investors and PIPE investors, there will be limited free float on account of the small trust size ($232MM) coupled with the statement of confidence from pre-deal and PIPE investors that rolled over in what amounted to a "public Series C" financing

    • Given future CAPEX, Wall Street banks will see a large future banking opportunity and likely initiate favorable coverage on the Company

    RISKS

    • While the BlueWalker satellite provided proof-of-concept, there are questions around whether ASTS will work at scale when the constellation is deployed

    • Users might experience significant battery drain on their devices when using the service, reducing appeal for full tower placement

    • Realized user penetration and ARPU remain uncertain as well as the ability to raise future capital for full system deployment at prices that avoid excessive dilution

    • ASTS will depend on capital markets to fully fund its growth and is susceptible to potential funding risk

    CHECKLIST

    BUSINESS MODEL

    • ASTS will receive a 50/50 revenue split with its carrier partners including Vodafone and AT&T; given its large, fixed cost base, the Company expects to generate 90% asset-level EBITDA margins that provide significant operating leverage and cash flow

    GO-TO-MARKET

    • In-place binding agreements with carriers provide ASTS with access to >1.3BN existing customers without having to independently market to or acquire customers (or directly bear the cost of churn)

    • Phase 1 will target key Equatorial regions and cover 1.6BN people; subsequent phases expand into Europe and N. America – the total system will require 168 satellites by 2024

    DEFENSIBILITY

    • ASTS has 750+ patents as well as a first-mover advantage

    • Commercial progress reinforces the Company's technical lead in the market

    CAPITAL

    • ASTS is capital intensive and subject to capital availability to complete its full system • Once the constellation is complete, the Company benefits from extreme operating leverage and should have extremely high cash flow conversation

    TRACTION

    • ASTS appears to have extraordinary commercial partnership traction, however, it is yet unclear what end-user uptake the usage will be

    • Technical traction was 'proved' by the April 2019 launch of the Bluewalker 1 test satellite

    FINANCIALS

    • Phase 1 will cost $510MM (20 satellites) while the total global network will cost $1.7BN (168 satellites)

    • ASTS's projections are based on having ~375MM subscribers by YE 2027

    • ASTS has previously raised $128MM

    • Company projections are in the link at the top

    Disclaimer

    I am not a financial advisor, do your own DD. Again, full credit to thekookreport for this write-up, check out his site if you want even more DDs. Disclosure: I own 70k of ASTS warrants

    TLDR: 5G will be beamed to everyone's phone ANYWHERE ON THE PLANET. WITH NO EXTRA HARDWARE REQUIRED. They have the backing of the world's largest telcoms, and China themselves have set up a company to do the exact same thing. This is the future of wireless communications - Get IN or GET LEFT BEHIND.

    submitted by /u/godstriker8
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    What is going on with Wendy's?

    Posted: 08 Jun 2021 11:52 AM PDT

    Did it get roped into the meme madness? I've been buying up "undervalued" fast food stocks (namely Papa John's) the last couple months and Wendy's was one I considered but why the hell did it pop today?

    submitted by /u/knights8154
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    Deutsche Bank warns of global ‘time bomb’ coming due to rising inflation

    Posted: 08 Jun 2021 11:16 AM PDT

    Inflation may look like a problem that will go away, but is more likely to persist and lead to a crisis in the years ahead, according to a warning from Deutsche Bank economists.

    In a forecast that is well outside the consensus from policymakers and Wall Street, Deutsche issued a dire warning that focusing on stimulus while dismissing inflation fears will prove to be a mistake if not in the near term then in 2023 and beyond.

    The analysis especially points the finger at the Federal Reserve and its new framework in which it will tolerate higher inflation for the sake of a full and inclusive recovery. The firm contends that the Fed's intention not to tighten policy until inflation shows a sustained rise will have dire impacts.

    Deutsche Bank says

    "The consequence of delay will be greater disruption of economic and financial activity than would be otherwise be the case when the Fed does finally act," Deutsche's chief economist, David Folkerts-Landau, and others wrote. "In turn, this could create a significant recession and set off a chain of financial distress around the world, particularly in emerging markets."

    As part of its approach to inflation, the Fed won't raise interest rates or curtail its asset purchase program until it sees "substantial further progress" toward its inclusive goals. Multiple central bank officials have said they are not near those objectives.

    In the meantime, indicators such as the consumer price and personal consumption expenditures price indices are well above the Fed's 2% inflation goal. Policymakers say the current rise in inflation is temporary and will abate once supply disruptions and base effects from the early months of the coronavirus pandemic crisis wear off.

    The Deutsche team disagrees, saying that aggressive stimulus and fundamental economic changes will present inflation ahead that the Fed will be ill-prepared to address.

    "It may take a year longer until 2023 but inflation will re-emerge. And while it is admirable that this
    patience is due to the fact that the Fed's priorities are shifting towards social goals, neglecting inflation leaves global economies sitting on a time bomb," Folkerts-Landau said. "The effects could be devastating, particularly for the most vulnerable in society."

    To be sure, the Deutsche position is not widely held by economists.

    Most on Wall Street agree with the Fed's view that current inflation pressures are transitory, and they doubt there will be any policy changes soon.

    Jan Hatzius, chief economist at Goldman Sachs, said there are "strong reasons" to support the position. One he cites is the likelihood that the expiration of enhanced unemployment benefits will send workers back to their jobs in the coming months, easing wage pressures.

    On price pressures in general, Hatzius said that much of current spike is being driven by "the unprecedented role of outliers" that will ebb and bring levels back closer to normal.

    "All this suggests that Fed officials can stick with their plan to exit only very gradually from the easy current policy stance," Hatzius wrote.

    That will be a mistake, according to the Deutsche view.

    Congress has approved more than $5 trillion in pandemic-related stimulus so far, and the Fed has nearly doubled its balance sheet, through monthly asset purchases, to just shy of $8 trillion. The stimulus continues to come through even with an economy that is expected to grow at about a 10% pace in the second quarter and an employment picture that has added an average 478,000 jobs a month in 2021.

    "Never before have we seen such coordinated expansionary fiscal and monetary policy. This will continue as output moves above potential," Folkers-Landau said. "This is why this time is different for inflation."

    The Deutsche team said the coming inflation could resemble the 1970s experience, a decade during which inflation averaged nearly 7% and was well into double digits at various times. Soaring food and energy prices along with the end of price controls helped push that era's soaring inflation.

    Then-Fed Chairman Paul Volcker led the effort to squash inflation then, but needed to use dramatic interest rate hikes that triggered a recession. The Deutsche team worries that such a scenario could play out again.

    "Already, many sources of rising prices are filtering through into the US economy. Even if they are transitory on paper, they may feed into expectations just as they did in the 1970s," they said. "The risk then, is that even if they are only embedded for a few months they may be difficult to contain, especially with stimulus so high."

    The firm said interest rate hikes could "cause havoc in a debt-heavy world," with financial crises likely particularly in emerging economies where growth won't be able to overcome higher financing costs.

    https://www.cnbc.com/2021/06/07/deutsche-bank-warns-of-global-time-bomb-coming-due-to-rising-inflation.html

    submitted by /u/TaxShield
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    Honeywell Quantum Solutions And Cambridge Quantum Computing Will Combine To Form World's Largest, Most Advanced Quantum Business

    Posted: 08 Jun 2021 06:56 AM PDT

    -- Honeywell (NASDAQ: HON) announced today that Honeywell Quantum Solutions (HQS) and Cambridge Quantum Computing (CQC), two world-leading quantum computing and quantum technology businesses, will combine to form the largest, most advanced standalone quantum computing company in the world, setting the pace for what is projected to become a $1 trillion quantum computing industry over the next three decades.

    The new company will offer the world's highest performing quantum computer and a full suite of quantum software, including the first and most advanced quantum operating system. These technologies will support customer needs for improved computation in diverse areas including cyber security, drug discovery and delivery, material science, finance, and optimization across all major industrial markets. The company will also focus on the advancement of natural language processing to fully leverage the possibilities of quantum artificial intelligence.

    https://investor.honeywell.com/financial-releases/press-release/2021/Honeywell-Quantum-Solutions-And-Cambridge-Quantum-Computing-Will-Combine-To-Form-Worlds-Largest-Most-Advanced-Quantum-Business/default.aspx

    submitted by /u/stickman07738
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    The curious case of AAPL

    Posted: 08 Jun 2021 07:15 AM PDT

    Apple is currently on day two of its WorldWide Development Conference.

    They've announced some relatively significant changes to the iPhone and had a really successful year in 2020, blowing their projections out of the water.

    What should we expect for this stock over the next year? Financially, Apple has had an incredible year but the stock price has been pretty stagnant since the stock split.

    What gives?

    submitted by /u/ShitHouseMcTits
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    Peter Lynch's 10 mistakes every investor makes

    Posted: 07 Jun 2021 03:50 PM PDT

    "It can't go any lower." Never make such an assumption. A bad company can and will go lower.

    "How much higher can it go?" Selling too early just because a stock goes up.

    "They always come back" Don't assume a stock price will rebound, look at the fundamentals not the price.

    "How much can I lose?" A cheap stock price doesn't = a good value. You can lose % at any price.

    "It's always darkest before dawn." It's a terrible business but it's down 80%! Buy at a discount? no, it still has room to drop.

    "I will sell after rebound" Buy at $10, it falls to $6, and you think "If it goes back to $10 I'll sell. Well if you think that you should buy more! A key to remember, the stock doesn't know you own it. It may never get to $10 again as well. Don't take it personal. Make decisions based on fundamentals.

    "Don't worry, I own conservative stocks" (utilities...)

    "Look at the money I lost because I didn't buy" FOMO? Hundreds of stocks go up double digits. Don't worry about other stocks. Focus on ones you know. You can't lose money on a stock you don't own.

    "Stock is up I must be right / Stock is down I must be wrong." Stocks go up and down a lot each year. The ups and downs don't mean much in the short term.

    Avoid longshots. Investing based on rumors, comments, anything other than sound financial analysis and valuation.

    Peter Lynch worked at Fidelity and is has great wisdom.

    submitted by /u/LegendLarrynumero1
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    Something does not add up with Tesla: JUNE 3 China orders fall almost 50% in may / JUNE 8: sold 33,463 cars in china in May 29% Rise YoY.

    Posted: 08 Jun 2021 07:26 AM PDT

    I find the news coming from from Tesla confusing. The stock dropped last Thursday because of a report that: Tesla's China Orders Fall Almost 50% in May (link)

    https://www.benzinga.com/news/21/06/21417245/teslas-china-orders-fall-almost-50-in-may

    Then today a new report reveals that: China Passenger Car Association Said Tesla Sold 33,463 Cars in China in May, Including Exports, A 29% Rise YoY (link)

    https://www.benzinga.com/news/21/06/21465565/china-passenger-car-association-said-tesla-sold-33-463-cars-in-china-in-may-including-exports-a-29-r

    Does anyone else find this information conflicting or order and sales and different things in this context?

    submitted by /u/abdul10000
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    Buy Ford Motor… why? They’re coming for Honda civics

    Posted: 08 Jun 2021 01:37 PM PDT

    Literally ford maverick base model is cheaper or close enough to the new Honda Civic. The mileage is also unreal… (hybrid).

    Ford: $21,000 USD

    https://www.google.ca/amp/s/www.caranddriver.com/news/amp36647519/2022-ford-maverick-price/

    Honda: $21,700 USD

    https://www.honda.ca/buildyourhonda?province=ON&model_key=civic_sedan&model_year=2021&gclid=CjwKCAjwqvyFBhB7EiwAER786azXlpqcLDXsK3fW8h8RjNmhHdMvYXuyjyGCtaxW4cyXhqHT2ipETRoC2hsQAvD_BwE&gclsrc=aw.ds#/trims

    Ford is disturbing the market with its new makers. Next thing to expect is the ford bronco electric… California loves the bronco, they pay $100-$200K for original broncos to drive them to surfing beaches. An electric bronco will kill it in California.

    Ford is doing it right.

    submitted by /u/PennyStockWorth
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    RIDE Complaint

    Posted: 08 Jun 2021 01:14 PM PDT

    I already didn't understand why an ev company without a product traded at a multi billion dollar valuation. Can someone explain to me why it's continuing to trade at $1.7B market cap when management stated today the business "doesn't have sufficient cash to start commercial production and has doubts whether it can continue through the end of the year." The idea that a company with no product, no money, who's future hangs in limbo is worth $1.7 Billion seems irrational at best and asinine at worst.

    submitted by /u/austin_jp17
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    Alibaba expands cloud products with livestream shopping in its battle against Amazon

    Posted: 08 Jun 2021 11:14 AM PDT

    GUANGZHOU, China — Alibaba has launched a slew of new cloud computing products as the Chinese e-commerce giant looks to expand across Asia.

    Cloud computing is seen as a key profit driver for Alibaba over the long term and in the past few years, it has been boosting its presence aggressively outside of China.

    On Tuesday, Alibaba announced plans to open a new data center in the Philippines by the end of the year and launched a third data center in Indonesia. Expanding data centers allows cloud providers to boost their capacity in certain countries or regions.

    Alibaba also launched a cloud-based livestreaming product designed for online shopping. It will allow e-commerce players to launch a live stream shopping feature on their websites or apps that are hosted on Alibaba's cloud.

    Livestream shopping usually involves a host talking about products that customers can buy directly via the live broadcast. It has become very popular in China and is growing in other parts of Asia.

    The Chinese e-commerce firm hopes that such a product can help it stand out from U.S. rivals including Microsoft and Amazon in the cloud market.

    In the Asia-Pacific region, Alibaba was the biggest public cloud market vendor at the end of 2020 with a 19.2% share, according to IDC, boosted by success in China. Amazon was second with a 10.5% share.

    However, in the global market, Alibaba still trails Microsoft, Amazon and Google.

    Alibaba's cloud announcements come after it reported its first net loss as a public company in the January to March quarter. The company was hit with a massive $2.8 billion fine as a result of an anti-monopoly investigation by Chinese authorities.

    Maggie Wu, Alibaba's CFO, said the company would invest "incremental profits and additional capital" in "new businesses and key strategic areas" in its current fiscal year.

    In China, Alibaba faces growing competition from other technology giants including Huawei and Tencent which more recently have stepped up their cloud computing investments.

    https://www.cnbc.com/2021/06/08/alibaba-cloud-expands-products-with-livestream-shopping-data-centers.html

    submitted by /u/TaxShield
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    On Memes & Investing

    Posted: 08 Jun 2021 02:55 AM PDT

    Is it snobbery that stops "purists" from investing in meme stocks that have poor fundamentals but a [seemingly?] clear basis for short-term investment benefit? My memes are saving my fledgling portfolio this year. Finally able to invest I was down across each account I opened (Canada WS app) I've learned more about the market and decision-making, in a short time, than I could have without the existence of memes. xxx AMC $$$$$ unrecognized gains, 350% in one account, 470% in another, 300% in a third, vs ~3-10% on traditional stocks/ETFs like SU/VGRO where those percentages seem "honourable" in traditional investing. Even my paltry 5 GME is up 116%! I know memes are not forever but why are some acting like they are to be avoided at all costs? #In no way giving financial advice, don't invest more than you can afford to lose, don't act on FOMO, etc.

    submitted by /u/f1ng3r_
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    Most small cap and tech losses due to short May correction since 4/26 all canceled out. What the fuck?

    Posted: 08 Jun 2021 11:34 AM PDT

    If you look at the chart of most small cap and tech stocks, you will notice that they have more or less fully recovered. That May correction was literally nothing if you've held through.

    Russell 2000 is now flying through the roof, and the other indexes just won't retreat at all. VIX is literally in the all time low range, and it's just so much optimism driving up many stocks. Buffett indicator showing we are in a big bubble trouble? Well, this time it seems very different. Everybody is aware of the upcoming CPI and FOMC. But nobody seems to give a hell. What is really going on?

    submitted by /u/I_whip_idiots
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    $RIDE warns it may go out of business.

    Posted: 08 Jun 2021 05:23 PM PDT

    The language in the filing about the doubts of its ability to stay in business is something troubled publicly traded companies are required to use to warn investors. It doesn't mean that closure is certain. Sears Holdings used the language in a similar filing in March of 2017.

    CNN : Electric truck startup Lordstown Motors warns it may go out of business. http://rss.cnn.com/~r/rss/cnn_topstories/~3/VkJr1m_CfOk/index.html

    submitted by /u/astockonomer
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    The rise of lab grown meat

    Posted: 08 Jun 2021 06:20 PM PDT

    I'm interested in taking advantage of the recent breakthroughs in lab grown meat technology. I don't see lab grown meat overtaking farm raised meat any time soon but I can see the market for it doubling or tripling in the near future. It's very close to being identical in terms of flavor. What are some good stocks to take advantage of this new tech and how bullish or bearish are you?

    submitted by /u/BidenWonDontCry
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    Canoo to Host Investor Relations Day on June 17

    Posted: 08 Jun 2021 09:23 AM PDT

    Canoo Inc. (NASDAQ: GOEV), a US-based automaker manufacturing breakthrough electric vehicles, will host an investor relations day on June 17, 2021. The event will provide insight into the company's vision to bring electric vehicles to everyone by focusing on use cases and increasing owner productivity while simultaneously generating multiple revenue touchpoints throughout the full vehicle lifecycle. Registrants will hear from: Tony Aquila, Chairman & CEO; Pete Savagian, CTO; Mark Aikman, CMO; Christian Treiber, SVP Global Customer Journey & Aftersales; Sohel Merchant, VP Vehicle Architecture and Richard Kim, VP Design, among others. In addition to presentations, registrants will receive an introduction to the company's proprietary technology, have an opportunity to see the vehicle family and participate in a Q&A session. In-person attendees may participate in supervised ride and drive experiences. The hybrid virtual and in-person event will take place in Dallas, TX and will be simultaneously webcast. Investors are invited to register at CanooIRDay.com.

    Source: https://finance.yahoo.com/news/canoo-host-investor-relations-day-130000936.html

    submitted by /u/rugerapatt
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    GOGO coming out of a slump?

    Posted: 08 Jun 2021 04:58 PM PDT

    GOGO has been steadily running up the 8 period moving average for over a month, made new highs today and closed at a new new high since Feb. Chart looks good, company is doing better, cleaned up its balance sheet and they forecast back to being profitable by the end of the year. Every day for a week now, shorts have come in to knock the stock back down around 3:15 but it has been rallying back every day. It also has a 30% short interest, but due to its market cap they don't talk about it on wsb. A few percent higher and all the shorts will be underwater on a company that isn't going bankrupt! There have been a few days of higher volume help drive it up, but nothing like the other short interest stocks, many of which have terrible fundamentals comparatively. Anywho, didn't know it anyone else knew much more about the company.

    submitted by /u/Are_We_Having_Fun_
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    How does one calculate the dividend yield?

    Posted: 08 Jun 2021 02:43 PM PDT

    If you go on https://stockanalysis.com/stocks/ko/ and look at Coca Cola details. It says Dividend $1.65 and Dividend Yield 2.96%

    ​

    What would I get every 3 months if I bought $20k worth of KO? That would be around 360 shares. How would I calculate this? Is it 360 x 0.55 cents? Because the $1.65 divided by 3 months is $0.55? So $20k invested into KO would net me $198 every 3 months? Is this right?

    ​

    What does the Dividend yield indicate?

    submitted by /u/Gothlander
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    Yahoo recommendations, ratings, and price targets - any way to see which have the best?

    Posted: 08 Jun 2021 02:41 PM PDT

    Yahoo finance has something I find quite useful, three widgets on the side of each stock page which summarize analyst sentiment.

    Eg. https://finance.yahoo.com/quote/MELI?p=MELI look on the right hand side.

    Recommendation trends - a breakdown of total buy/hold/sell recommendations.

    Recommendation rating - basically the same data but shows the average recommendation.

    Price target - average price target, current price, and number of estimates.

    I find this super useful to get an idea of overall sentiment, and to see whether there are some red flags or green flags I am missing. But I cant see anywhere on yahoo finance where you can sort by these data points? You have to go into every stock page to see the trends and ratings. Am I missing something or where is this data, it would be so useful to have.

    submitted by /u/windupcrow
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    Thoughts on $CVM

    Posted: 08 Jun 2021 02:32 PM PDT

    My uncle told me to get into this and I bought a handful of shares but want to know if it is seriously a worthy investment. I'm not up for another meme stock, rather one that I can confidently make money on! Any personal thoughts on this stock would be greatly appreciated!

    submitted by /u/Edog126
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    Serious question, for those of you who buy oil stocks...

    Posted: 08 Jun 2021 02:22 PM PDT

    So this year oil is recovering very quickly and actually broke a record today (e.g. Brent crude hitting $72, a 5 year high), and crazy to me this is possible already since the pandemic is almost defeated.

    My question is since Brent will likely drop to high 60s per barrel, should I sell all my oil shares now if they are in the green. I fear once Brent drops, all my holdings will drop as well.

    submitted by /u/Becksploder
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    Calls Help for a friend

    Posted: 08 Jun 2021 04:25 PM PDT

    So a buddy allowed his adult child to manage his stock account. Anyway, his adult child bought some calls and my friend has no idea about what it means. I thought I understood options, but I guess I have no idea what these screen shots mean. The stock FRX was trading at 10.40 last I checked, but these screen shots show .83 cents. Obviously, I have no clue. Can someone help so I can help a friend.

    Here is a screenshot of what he sent me:

    https://imgur.com/gallery/oMmEj0D

    submitted by /u/uniballout
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