Stocks - r/Stocks Daily Discussion Monday - Aug 02, 2021 |
- r/Stocks Daily Discussion Monday - Aug 02, 2021
- How dividend stocks work?
- When will Square (NYSE: $SQ) be added to the S&P 500?
- How should a reverse split work if I don't own a multiple number of shares?
- $ABML American Battery Technology, Mini DD.
- Moratorium on foreclosures and deferred mortgage payments ends - what next?
- What is the bull/bear case for AMZN
- If I put half my money into the SPY and half my money into SSO (2x leveraged spy) - would this be the same as 1.5x leverage?
- Square to buy Australia's Afterpay in $29 bln all-stock deal
- Moderna and bioNtech
- Maintenance Fee on reverse split?
- Vote on $1Tn Infrastructure Bill Could Come Within Days
- ELI5 General Electric reverse stock split.
- Is it possible to trade shared in GE today?
- Preparation for trading day - August 02, 2021
- GE Stock Split Help
- Sell individual stocks to buy ETF or mutual fund
- Morning Update for Monday, 08/02/21
- The Bull Case for DKNG ahead of Earnings on August 6th (Original)
- whats some good longterm investment stocks
- A friend of mine bought into an option trading service, and I just have a question about it ROI claims from the guy who runs the service.
- r/Stocks Daily Thread on Meme Stocks Monday - Aug 02, 2021
- Noobie question
| r/Stocks Daily Discussion Monday - Aug 02, 2021 Posted: 02 Aug 2021 02:30 AM PDT These daily discussions run from Monday to Friday including during our themed posts. Some helpful links:
If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned. Please discuss your portfolios in the Rate My Portfolio sticky.. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| Posted: 02 Aug 2021 04:59 AM PDT I would like to invest on dividend stocks at some point in my life, so i would like to know (as simple as possible) how do they work. Let's say a company pays 0.72$ per share annually. Does that mean that if I have 100.000 shares I will get 72.000$ per year? Sorry for my ignorance, I'm totally new in this field. [link] [comments]  |
| When will Square (NYSE: $SQ) be added to the S&P 500? Posted: 02 Aug 2021 02:47 AM PDT I have a special stock screen where I search for large caps outside the S&P 500. I look for companies with strong balance sheets, and are relatively undervalued based on DCF on either sales, earnings, or free cash flow. I need the company to pass two of those, so I have some sense of margin of safety. It has been a very successful screen for me over the past several years, and consistently yielded nice returns. Square looks really attractive right now. It has a Z-Score over 9, positive free cash flow, earnings (finally), and growing sales. Their recent acquisitions should jack up their top line. My calculus has them worth over $400 right now. Now that they are actually turning a profit, it will be a matter of time before they're added to the index. [link] [comments]  |
| How should a reverse split work if I don't own a multiple number of shares? Posted: 02 Aug 2021 06:57 AM PDT GE did a 1:8 reverse split over the weekend. So if you owned 8 shares worth $13/share, you now own 1 share worth $104. (Actually, it's up a bit today, so it's worth $106.) But I owned 100 shares. Today, I own 12 shares. (12 * 8 = 96.) What happens to my other 4 shares? [link] [comments]  |
| $ABML American Battery Technology, Mini DD. Posted: 02 Aug 2021 03:18 AM PDT American Battery Metals Corporation $ABML, or soon they will change their name to American Battery Technology Company $ABTC is a materials company headquartered in Nevada, USA. Created in 2011, ABML core businesses are based on recycling, mining, and extraction of lithium-ion battery materials. In my opinion $ABML is currently oversold as it is back to to the value prior to their Nasdaq application submission 1.56$ so it has much room to go up vertical in the next major catalyst which is expected to be on this month. I believe very soon the stock will go beyond 3$ which represents a 100% gain from here, and I also believe that everyone who made the DD on ABML is confident about that. Some of the recent events related to the stock:
"as Fernley is located approximately 13 minutes from the new Tesla site, the Pilot Plant will further reinforce the community's commitment to sustainable solutions" Summary from last media interview in proactive investors with the CEO Doug Cloe:
Some other information about $ABML: • Pilot Plant is expected to generate 200M$ a year revenue. • Commercial Plant is expected to generate 2B$ a year revenue. • Pilot plant will pay for commercial plants. • EX Tesla top dogs on the board, designer of Giggafactory and Battery Technology. Ryan Melsert. • Recent analysts price target 3.50$. • Debt free + 19$M in cash + grants from the US government are expected. • Pilot plant to be operational by EOY Q4. • Nasdaq uplisting, expected to be anytime this year. Being conservative my price target for this stock is 5-10$ in 2022, with exponential growth on the following years. TL;DR Starting the construction of pilot plant is one the major catalysts for $ABML and it is going to happen soon right after they get the last permit from the city of Fernley as per the management, which is expected to happen this month. PT for September, October +3$. Recent article related to $ABML: Best Penny stocks to buy for August Position: 5000 shares average price 1.77$ Subject to increase. This is not a financial advice, do your own DD before investing. [link] [comments]  |
| Moratorium on foreclosures and deferred mortgage payments ends - what next? Posted: 02 Aug 2021 12:02 AM PDT
Considering a still relatively high unemployment rate (compared to the pre-pandemic period), what do you expect the ending of these two programmes will have on the finance sector? How many households will be negatively affected? Do you expect this to have a wider ripple effect on the economy? EDIT: so my quick maths says that ~6-7% of US households are facing eviction. That seems like a lot. [link] [comments]  |
| What is the bull/bear case for AMZN Posted: 02 Aug 2021 08:35 AM PDT I have large position in AMZN. It has been #1 holding in my portfolio for last 4 years. We saw significant growth in 2020, share price jumped from $1800 to over $3000 within a year. Since then it has been consolidating side ways. Even after delivering great 2020 Q4 and 2021 Q1 results. Even in Q2 beside the revenue miss, their most profitable business AWS and Ad grew by good %. But we are now back to mid end of the consolidation. I own MSFT, AAPL and GOOG. But my position is half of what AMZN is, because I just love this company and feel like they have lot of room for growth with disruptive products Self driving cars (zoox), Internet Satellite (Project Kuiper), store automation, increasing amazon warehouse margin by more automation and less workforce and obviously continuing the AWS success. They are operating at huge scale if the new CEO focuses on efficiency it would be game changing. I am sort of looking for confirmation bias if I should still keep AMZN as my top holding, or slowly reduce the position. What are your bull and bear case for AMZN? [link] [comments]  |
| Posted: 02 Aug 2021 07:50 AM PDT I want some leverage with the SPY as I'm a young investor and want to take on risk, however not too much. The interest rates my broker uses for leverage are rather high but unfortunately I have to stick with said broker. [link] [comments]  |
| Square to buy Australia's Afterpay in $29 bln all-stock deal Posted: 01 Aug 2021 03:02 PM PDT Aug 2 (Reuters) - U.S. fintech company Square Inc (SQ.N) said on Monday it had agreed to purchase Australian buy now/pay later giant Afterpay Ltd (APT.AX)in an all-stock deal worth about $29 billion. Afterpay shareholders will get 0.375 shares of Square class A stock for every share they own, implying a price of about A$126.21 per share based on Square's Friday close, the companies said in a joint statement. The offer price is a more than 30% premium to Afterpay's last close and the Australian firm's shareholders are expected to own about 18.5% of the combined company. https://www.reuters.com/technology/square-buy-australias-afterpay-29-billion-2021-08-01/ [link] [comments]  |
| Posted: 02 Aug 2021 07:35 AM PDT Are they still worth buying? Or are they too high? Moderna was the first stock I ever sold, and I thought maybe I'd rebuy when it went down a little. Any advice is appreciated, I just started doing this, I inherited the Moderna from my dad when he passed [link] [comments]  |
| Maintenance Fee on reverse split? Posted: 02 Aug 2021 11:42 AM PDT I was charged $38 when GE did their reverse split the other day. Can someone explain why TD would charge a maintenance fee for that but not a regular split? It seems like either way it's the same dollar value in my account, but the number of shares simply changes. I even had an evenly divisible number of GE shares in my account so I didn't have any fractional after the reverse split. Edit: @mods sorry if the flair is wrong. Took my best guess for something like this. [link] [comments]  |
| Vote on $1Tn Infrastructure Bill Could Come Within Days Posted: 01 Aug 2021 06:43 PM PDT
Schumer Says Vote on $1Tn Infrastructure Bill Could Come Within Days (msn.com) [link] [comments]  |
| ELI5 General Electric reverse stock split. Posted: 02 Aug 2021 08:22 AM PDT GE was worth around 11-12 dollars per share. Now is worth 101 per share. I bought one share of GE to see what happens. Why didn't it become a fractional share, and why can I liquidate a stock I bought for 12 dollars for 100? Where did the 90 dollars come from? [link] [comments]  |
| Is it possible to trade shared in GE today? Posted: 02 Aug 2021 10:15 AM PDT Just been watching GE in the background today to see what impact the reverse split has. The trading options in my brokerage (I'm in the UK using HL) are just gone on both mobile and desktop. You get a notification about the split on desktop but mobile app makes it look like its just a bug. Should trading be possible today? Different trackers are indicating a fair amount of volume, 20m. Shares outstanding is showing the correct 1.1b. There is no mention in GE notification that any restrictions should be in place following the completion of the reverse split after hours on 30/07. -Is it restricted because HL are work shy (you can't even see any company data on GE right now with them and they still haven't brought back bed-and -ISA) or -is this a UK thing or -is it essentially a global market thing? I'm curious to see what the market impact is here. I have experienced a split in the past for RR. and saw no restriction on trading in between commencement and completion. [link] [comments]  |
| Preparation for trading day - August 02, 2021 Posted: 02 Aug 2021 04:59 AM PDT Preparation for trading day -August 02, 2021Note that this only includes stocks with larger market cap and stocks considered popular. Notable Price Upgrades and DowngradesElectronic Arts (EA):
Take-Two Interactive (TTWO):
Lyft (LYFT):
Colgate-Palmolive (CL):
T-Mobile US (TMUS):
Restaurant Brands Intl (QSR):
DoorDash (DASH):
Uber Technologies (UBER):
Capri Holdings (CPRI):
First Solar (FSLR):
Levi Strauss (LEVI):
ChargePoint Hldgs (CHPT):
Chevron (CVX):
Sherwin-Williams (SHW):
Match Group (MTCH):
Today's Economic Calendar
IPO market (This week)
That's all folks, have fun and stay green Disclaimer: I am not a financial advisor, and nothing in this post shall be seen as a financial advise. Always make to sure to vet the accuracy of statements and do your own research before using it in any way [link] [comments]  |
| Posted: 02 Aug 2021 09:00 AM PDT So, first I'm using Robinhood for this, so I want to know if this is a Robinhood bug or how it works on that platform. (Using Robinhood because it was easy to dip my toe into the stock market. I have grand total of $600 in the stock market through Robinhood.) So I had 5 shares of GE before they split their stock. I understood that after the split, I'd have less shares than I currently do. That makes sense to me. I'm pretty sure that since the split causes the stock price to go up, I didn't have enough shares after the split to own a full share. I had thought that I would have had 0.xx shares? The way it states right now, all the money from those shares are no longer in my account and I have no shares at all of GE. Did I think this wrong or is Robinhood either taking a while to process this or have an issue in their system? [link] [comments]  |
| Sell individual stocks to buy ETF or mutual fund Posted: 02 Aug 2021 06:31 AM PDT Hello, Been on this sub for awhile just soaking in information. I bought some individual stock (AMAT @ $50.85 and ENPH @ 18.35)when I didn't have a lot to play with in the market (just one share of each company). I wish at that time I had more money to actually invest haha. Would it be beneficial to sell those shares and just invest in a similar ETF or mutual fund? Or just buy more? I do own shares of SOXQ which owns shares in AMAT for an example. I could use advice for green energy funds for an alternative to ENPH. Thanks! [link] [comments]  |
| Morning Update for Monday, 08/02/21 Posted: 02 Aug 2021 05:53 AM PDT Good morning everyone, I hope you enjoyed your weekend. This list is geared towards day trading. With the momentum watchlist especially, I am typically in and out very quickly, only occasionally longer than a couple minutes, usually faster scalps. Always have a plan when you enter a trade (for profit taking and for taking a loss), and use proper risk management for your account. Main Watchlist: Gapping UP:
Gapping DOWN:
Market Outlook: Stocks are looking to open higher this morning. Going into August, we have seen 6 straight months of gains in the market. Having said this, we could be in for some more volatility this month. UVXY, which tracks VIX short-term futures, has been picking up in volume on the daily chart, while volume has been drying up somewhat in other areas. This could be people hedging against an upcoming correction. Inflation rates are continuing to rise, which could cause the Fed to take action. With multiple indices hovering near ATH, I'm feeling cautious. SPY is trading just over 440, and could test that level as resistance/support this morning. DIA is trading a bit over 350, and I'll be watching price action around the SMA(9) at ~349.29. QQQ is trading a bit over 366 and could test ATH levels this morning. EV stocks are seeing some strength in premarket. TSLA is trading right around the 700 resistance level and is worth watching closely. XPEV and LI also worth following closely after they reported strong numbers (NIO was a bit weaker for reference). Meme stocks are up a bit in premarket trading, worth following for potential breakouts, just remember to not force trades. Remember to use proper risk management, by making sure you size appropriately for your account and have a plan for every trade you enter (both for taking profits and cutting losses). Happy trading everyone :) [link] [comments]  |
| The Bull Case for DKNG ahead of Earnings on August 6th (Original) Posted: 01 Aug 2021 09:26 PM PDT
Rev/Net Loss figures of interest:
In Q1 of 2021, DKNG posted $323m - a 175% YoY growth for Q1 and matched their entire 2021 revenue. So, they're on a good trajectory, but we can only believe in a $30/40bn valuation if they can get to at least $4bn revenue and become a profitable company in no more than five years. But let's examine their claims from their most recent earnings] presentation and Investor Day Presentation and see if even $3bn is possible. Statement 1: Our latest estimate of the US OSB is $22bn at 100% legalization This is more than reasonable based on GDP and Population methods. Let's look at New Jersey which is scheduled to generate $800m in Gross Gaming Revenue (GGR) in 2021. Goldman Sachs predict an 11% CAGR, so just based off NJ, they will be at $2bn by 2031 and NJ is just 3% of the population (albeit with many NYers betting in NJ). As of now, just 27% of the population has access to legalized OSB. Statement 2: iGaming is tracking to be at least a $40B market in the U.S. at 100% legalization Again, they cite the example of NJ at $1bn in Igaming in 2020. Based on extrapolation, the market is worth at least $37bn. I am skeptical here on the growth relative to OSB. Statement 3: Canadian OSB and iGaming TAM of $5B to $8B is a meaningful upside opportunity Now this is somewhat of a stretch as we simply don't know Canada's appetite for OSB or iGaming. PwC estimates between $1.5B & $2.4B for OSB slightly lower than DKNG's $2-3B Statement 4: OSB $22B - Implied Total U.S. Market 65% of U.S. Population with Legalized OSB 20-30% DraftKings' OSB Market Share = $2.9-4.3B in Gross OSB Revenue iGaming $40B Implied Total U.S. Market 30% of U.S. Population with Legalized iGaming 15-20% DraftKings' iGaming Market Share $1.8-2.4B in Gross iGaming Revenue Canada $5B Implied Total Canadian Market 64% of Canada Population with Legalized OSB and iGaming 10-20% DraftKings' Canada Market Share $300mm-600mm in Gross OSB and iGaming Revenue = $5-7.3B in Gross Gaming Revenue So do we believe them? I think they're close enough to reasonable expectations although the legalization roadmap is a huge unknown. NY might not do it right; Florida may never legalize; California is long overdue and Texas might still be years away. OSB at 65% is a good target and I'll give them it. The lobbying behind blocking legalization has slowed down and it's only the tribes heavily objecting. I also believe in DKNG's market share which stands at 30%. I don't think it can increase due to the competition, but 20% is also too low considering all the great work (and spending) and the UX of their incredible website. $3.5bn OSB GGR just works. Regarding their iGaming, they have gone for lower estimates, but due to the enormous competition, I am chopping this to just $1bn. Their market share is just 19% now and I haven't seen anything to suggest this will increase. And for Canada, I will take a half-way split PwC and DKNG (for sports) as it is such an unknown So we have a total DKNG estimated GGR of $4.8B, but by when? It all depends on the legalization of both OSB and iGaming. They don't say but this TAM figure is likely to be for 2026 as on page 30 they discuss a 5 year plan. 1.15 → 4.8 ^ 5 years = CAGR of 33.9% which compares nicely with their CAGR from 2017 to 2021 of 42.7%. In fact, on page 39, DKNG are aiming for $3bn Gross Profit and $1.7bn Adjusted EBITDA. Would a 2026 $4.8bn Revenue/$1.7bn Adjusted EBITDA/$1bn Net Income be worthy of a $100 stock price i.e. a valuation of $40bn? 8.33 revenue multiple and 40x EBITDA multiple doesn't sound too bad for a company that keeps its promises? So the big question is whether they can continue to grow > 30% CAGR without the incredible spending on costs (mostly marketing). I guess I should cover that in part II if folks are interested (hint: they can). I would also add a description of all their competitors from what I can find: 888sport, bet365, BetRivers Sportsbook, Betfred, BetMGM, Barstool Sportsbook, BetAmerica, Caesars, DraftKings Daily Fantasy, DraftKings Sportsbook, Elite Sportsbook, FanDuel Sportsbook, FOX Bet, Golden Nugget, Hard Rock Sportsboo, Oregon Lottery Scoreboard, PointsBet, Resorts Sportsbook, SportsBetting.com, Unibet, William Hill What do y'all think? [link] [comments]  |
| whats some good longterm investment stocks Posted: 01 Aug 2021 06:15 PM PDT hello everyone so i was wondering about good long term investment stocks. im still very new to stocks and i dont have that much invested mostly because im a broke college student and just put about 50 dollars in a week or whenever i can afford it. i have money in moderna(doubled my money and has made me the most money), microsoft, target, etsy, marathon oil, vanguard total stock market etf, and in the vanguard s&p 500 etf. any advice would help! [link] [comments]  |
| Posted: 02 Aug 2021 01:26 PM PDT FYI, I'm not talking about the user experience, only seeing can anyone tell me if these numbers look. I realize that people that follow the service cannot get these returns, regardless of legitimacy, because of price fluctuation. This is not a question about that. I am just wondering about his profit margins. I did very, very quick math, not looking at his decimals, and over a 6 week period, it shows to have had about a 44% return, on average. Is this doable for someone very talented, on a good 6 week run? I feel weird asking, because if you look at his private Twitter (i have), 100% of these buys/sells are there and they are exactly what it says in this sheet, at the time of purchase, so unless I am just missing something in my naivety, at the very least, these should be his real numbers, correct? It does not seem like there could be any way to lie about this. Obviously we can't know if he made other trades that he did not post, but this is mostly just confirming that these numbers are legit. I only ask because an average of 44% over 6 weeks seems insanely high, but I also do not really know what a good 6 weeks period looks like for someone very, very smart. This post is not to ask about why you shouldn't use a trading service, I am well aware of all of that, I am just asking because these numbers are wild, and also, unless i'm missing something, 100% accurate/verifiable. Here are the last 6 weeks numbers from the site. https://imgur.com/a/OOKWKMh Can anyone chime in? [link] [comments]  |
| r/Stocks Daily Thread on Meme Stocks Monday - Aug 02, 2021 Posted: 02 Aug 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:
[link] [comments]  |
| Posted: 02 Aug 2021 12:38 PM PDT I'm new to stocks and I have a hard time understanding how is it possible to predict for example when a stock has a trend change coming? How can you determine that from a chart? Don't stocks mainly rely on real life events? Sorry if this question is extremely dumb. [link] [comments]  |
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