Daily General Discussion and spitballin thread - September 01, 2021 Investing |
- Daily General Discussion and spitballin thread - September 01, 2021
- Daily Advice Thread - All basic help or advice questions must be posted here. September 01, 2021
- AOC calls on Biden to replace Powell -- What would a Progressive Fed Chair look like?
- Keep Rental Property or Invest in stocks??
- Novice investor. Company I have shares in is experiencing a hostile takeover. Do I hold or sell?
- Why has Panasonic (PCRFY/PCRFF) traded poorly for 5 years?
- Crowdstrike earnings for quarter 2
- Capital gains tax question form UK
- Resources on Caribou Biosciences (CRBU)
- U308 POWER TO THE PEOPLE! Uranium dd
- How does selling a put against a stock that pays a dividend affect pricing of that put?
- Limit sell vs selling covered calls
- With an upcoming merger, are shorts required to cover or will they convert with the rest of shares and options?
- Opinion: Retail traders should be glad payment for order flow exists
- How to track IPOs, ICOs, ISOs (and which have you most excited)
- Asset line of credit robinhood
- Stock has KIID! 3i Group Plc
- selective dividend payments?
| Daily General Discussion and spitballin thread - September 01, 2021 Posted: 01 Sep 2021 02:02 AM PDT Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! This thread is for:
Keep in mind that this subreddit, and this thread, is not an appropriate venue for questions that should be directed towards your broker's customer support or google. If you would like to ask a question about your personal situation or if you are asking for advice please keep these posts in the daily advice thread as that thread is more well suited for those questions. Any posts that should be comments in this thread will likely be removed. [link] [comments]  |
| Daily Advice Thread - All basic help or advice questions must be posted here. September 01, 2021 Posted: 01 Sep 2021 02:01 AM PDT If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources. 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]  |
| AOC calls on Biden to replace Powell -- What would a Progressive Fed Chair look like? Posted: 01 Sep 2021 12:03 AM PDT
First of, please remember we're not here to discuss politics. We're here to discuss the financial ramifications. Two questions.
[link] [comments]  |
| Keep Rental Property or Invest in stocks?? Posted: 31 Aug 2021 02:39 PM PDT What's up everybody, looking for some advice and feedback on my situation. I'm 34, have 3 kids, wife doesn't work, and I am fortunate enough to own a rental property with no mortgage. I net about $1250/month after HOA, taxes, insurance etc. that doesn't include unexpected expenses like fixing the AC or dishwasher etc. Currently, I really like the cash flow from the rental because it helps cover our own expenses like day care and mortgage on our house. But I'm wondering if it might be smarter to just sell the rental and put everything into SPY or something and hope to see it grow. If I were to sell the rental today I could probably get about $275k, and then subtract 6% realtor fees and also 20% of 50k in capital gains (bought for 225k about 4 years ago). So lets say I come out of it with 250k (if I did the math right). Would I be better off taking the 250k and putting into the market to let it cook for 20 years, occasionally pulling from it when I need it or is it better to keep the rental, invest some the income and then watch the equity on the house grow over time? I would love to hear if anyone has similar experiences or is good at running a comparison model. I think the end game is I would be most inclined to do whatever provides the most long term growth versus short term advantages. Thanks for reading!! [link] [comments]  |
| Novice investor. Company I have shares in is experiencing a hostile takeover. Do I hold or sell? Posted: 31 Aug 2021 06:28 AM PDT You'll have to excuse my ignorance on the terminology. I have stocks in a company that typically trades around 0.40 on average. Another company is attempting a take over by bidding 0.75. apparently there is some sort of bidding war with another company. The board of the company has recommended shareholders sell. The stock price seems to be flatlined at 0.77. I'm not sure if I should hold or sell. Just in terms of the share price is not quite where it is because of growing market interest, but because of a specific bid by one larger buyer. [link] [comments]  |
| Why has Panasonic (PCRFY/PCRFF) traded poorly for 5 years? Posted: 31 Aug 2021 03:16 PM PDT Market cap: ~$27-29b Revenue (2020): $68b YTD performance: 2.5% (SPY = 20.6%) 5y performance: 16% (SPY = 107%) If all of this "electric car boom" is backed by batteries, and Panasonic is one of the world's leading automative battery producers, why have they not grown? [link] [comments]  |
| Crowdstrike earnings for quarter 2 Posted: 31 Aug 2021 02:49 PM PDT $CRWD Q2 Earnings Revenue: $337.7M vs. $324M Expected EPS: $0.11 vs. $0.09 Expected Raises FY22 outlook Down 3% AH I have to say I'm very surprised given how well PANW did shooting up 20% post earnings AND bringing the entire sector for the most part with them up that crowds earnings so far didn't lead to similar results What do people think of its future ongoing based on their earnings report? Especially based on their raised guidance for next quarter, a rarity in earnings this season. [link] [comments]  |
| Capital gains tax question form UK Posted: 01 Sep 2021 03:13 AM PDT Hi all. If I close a position in say GME at 100k and that will now be sitting in my broker account. And I decide to withdraw that to my bank account, then the next day I close another position at say 200k, then withdraw that, and so on and so on. Do I pay capital gains on every transaction I take out, or is it the total amount I gain in the year? Like if I close all positions for 100m and take it all out in separate amounts, do I pay in 1 big lump, or I individual withdrawals? Hope this makes sense! [link] [comments]  |
| Resources on Caribou Biosciences (CRBU) Posted: 31 Aug 2021 12:11 PM PDT I've been watching the gene-editing space since the ARK Genomic Revolution ETF (ARKG) gained popularity and studying companies more closely following the Nobel Prize in Chemistry being awarded in 2020 for the discovery of CRISPR. I began tracking Caribou Biosciences (NASDAQ: CRBU) after its IPO in July when I heard that it tackles cancer and is in fact the first CRISPR company (it was founded in 2011 by Jennifer Doudna and Rachel Haurwitz, who hold several CRISPR-related patents). The resources below led me to conclude that the stock CRBU is relatively undervalued and has great potential given CRISPR applications beyond human therapeutics such as agriculture, livestock, and basic research. - CRISPR co-discoverer Jennifer Doudna's Nobel lecture. - In a Nutshell video about how "genetic engineering will change everything forever". - Caribou Biosciences' "About" page, which includes partnerships and intellectual property licenses. - Caribou Biosciences President and CEO Rachel Haurwitz explains next-generation CRISPR hybrid RNA-DNA (chRDNA; pronounced "Chardonnay"), noting that high-efficiency gene insertion "really remains the holy grail in the genome-editing field" (around the 5-minute mark). - GEN article about what the company will do with the cash raised from its IPO. - Fierce Biotech article about AbbVie tapping Caribou Biosciences after ditching Editas Medicine. - Bloomberg segment with Rachel Haurwitz mentioning how CRISPR is "now in probably nearly every biology lab around the globe" (around the 11-minute mark). - ARKG holdings as of the end of August; see the main page for updates. I've gained a lot from reading tweets by a small community of CRISPR investors on Twitter, though I found that resources on CRBU specifically are scattered all around, so I decided to collect some here for anyone interested in investing in Caribou Biosciences. Analyst coverage will be initiated in earnest at the beginning of September when the post-IPO quiet period ends. I expect you will hear more about the stock then. [link] [comments]  |
| U308 POWER TO THE PEOPLE! Uranium dd Posted: 31 Aug 2021 03:54 PM PDT I think discussions around uranium investments are sorely missing from this forum. There are a lot of people on the r/UraniumSqueeze subreddit who knows this field much better than I do but this is my attempt at a short dd. You probably have heard of the "uraniumsqueeze" hypothesis, maybe you laughed about it and thought, "yeah right, uranium is just for the boomers that don't understand my precious safemoon/BTC/GME/TSLA/AMZN/APPL investments". The bull thesis on uranium equities is simple: extreme supply and demand dislocations. Uranium production has not kept up with consumption for years. How is this possible and why did it happen? Current low price. After the last uranium bubble in 2007, when uranium reached $140/lb prices, uranium prices have been depressed and hovering around $27-30/lb. There are several reasons for this: 1, Fukushima and the associated reduced popularity of nuclear power; 2, oversupply of cheap uranium from nuclear weapons stockpiles during years of disarmament, this is not happening anymore and the stockpiles from this period are running low. The current price of uranium is lower than the cost of producing in most mines. The mines that can produce at or below the current price can not supply nearly enough to satisfy the demand of the nuclear power plants. Supply issues. 1, The low uranium prices has caused most uranium producers to reduce or entirely stop production, this includes the two largest producers in the world, Kazatomprom has reduced their production by 20% until 2023 (https://www.world-nuclear-news.org/Articles/Kazatomprom-extends-uranium-production-cuts-into-2), Cameco has kept their McArthur mine closed since 2018 (this is the largest high-grade uranium deposit in the world). Starting up a mine that has been closed for years can take a long time (many months, maybe more than a year). Most of the uranium mining companies that you will find on the stock market are not producing at all due to the current low price or uranium! They know that uranium price have to rise and they can't afford to produce at the current price. Many companies will not even consider production until uranium reaches ~$65/lb; 2, covid caused further reductions in uranium production; 3, Due to the decade long uranium slump since Fukushima there are very few companies in the sector, 30-40 companies are involved in uranium mining, a resource responsible for 10% of the worlds electricity generation! Demand. 1, 10% of global electricity comes from ~440 nuclear powerplants, these powerplants need a reliable supply of uranium. Uranium is a minimal part of the cost of running a nuclear reactor, to the plant operators it does not matter that much if the uranium costs $30/lb or $100/lb; 2, Despite all the naysayers who think nuclear is dying, the demand for uranium is expected to increase for the foreseeable future. ~50 new nuclear plants are planned or under construction. Old reactors that were supposed to retire are having their lives extended. Many countries will not be able to reach their CO2 reduction goals without nuclear power; 3, due to the low price of uranium a lot of the former uranium producers are now buying uranium on the spot market and stockpiling it, they know that the current prices are a bargain and that they have to go up. 4, the US is establishing a uranium strategic reserve and plan to start buying up a total of $1.5-billion of uranium. 5, Maybe the most important factor is the Sprott Uranium Trust that entered the market two weeks ago. The Sprott trust was created to capitalize on the current situation, they plan to buy and hold uranium until the prices are significantly higher. Since they entered the market 2 weeks ago the uranium spot price has steadily risen by >10% and just reached its five-year high today ($34.63). Mind you, this is still very low. Why should you care? The combination of supply and demand issues will cause the uranium price to rise. It just reached a 5-year high and I would be surprised if it does not reach $40/lb by the end of the year, it is reasonable to expect it to reach $65/lb in the next two years. So, a doubling of the uranium price in a couple of years, what's the big deal you might say? Maybe you think your favorite investment is likely to more than double in two years? Well, turns out that most of the uranium companies (producers/developers/explorers) are heavily leveraged to the uranium price. If the uranium price doubles, most of the companies in the uranium sector are likely to much more than double, by how much depends on the company. In addition, many of the uranium bulls think that uranium prices might go much higher than $65/lb and maybe reach even higher than they did in 2007. In any case, there is money to be made in the next few years in uranium. Risks: 1, another Chernobyl or Fukushima would of course be bad news for the entire sector. However, the existing power plants still need uranium and the current uranium price is still too low, so it is possible that some gains will be maintained even with a bad accident; 2, Increased number of plants retiring. Some countries, e.g. Germany, are retiring all their nuclear power plants. If more countries follow suit it will over time reduce demand; 3, In theory it might be possible for producers to pick up the slack faster than expected and reduce the supply shortage and put a damper on the rise in the uranium price. So far, this does not seem to be the case, but even the low cost producers are limiting their production, and new or mothballed mines take time and resources to get up and running. So, while there are risks, I think there is more than a good chance that we will see at least a doubling of the uranium price. This is obviously not investment advice, I don't know anything about all of this and you should definitely do your own research. Personally I'm invested in a bunch of different uranium companies: DNN, GLATF, CCJ, PALATF, CVVUF, STTDF. And I plan to continue buying if there are any dips and maybe start buying into the Sprott Uranium Trust as well (SRUUF). Oh yeah, the plan is for SRUUF to get listed on the NYSE this fall, that should hopefully bring in a lot more money into buying physical uranium and continue to drive up the price. [link] [comments]  |
| How does selling a put against a stock that pays a dividend affect pricing of that put? Posted: 31 Aug 2021 09:06 AM PDT Say you're holding a short put against a stock and that stock pays a dividend. Upon paying a dividend, the price of that stock would decrease by the amount of the divided paid but would the price of the short put you're holding increase in value (therefore losing you money as you are short the put)? Or are planned future dividends already taken into account when a put is originally priced (i.e. if a put has 150 days to expiration and the underlying stock is scheduled to pay 2 dividends during that time, will the price of the put would be higher in price than it would otherwise be if the underlying stock did not pay a dividend (higher in price because after taking into account future dividends, the actual stock price is actually "lower" that what it appears? [link] [comments]  |
| Limit sell vs selling covered calls Posted: 31 Aug 2021 11:29 AM PDT Let's say you're given stock grants quarterly for the company you work for, and you do want to periodically sell. Is there any reason why you would set a limit sell order at a certain price target over selling a covered call at that price target? I feel like if the stock reaches the price target in either case you'll sell, but with the covered call you'll also have the money you made from selling the option. The only downside I can think of is you can cancel a limit sell and dump your shares if the stock tanks, but you can't do that when you sell a covered call; you are stuck with the shares in limbo. [link] [comments]  |
| Posted: 31 Aug 2021 02:14 PM PDT I've come across a situation where a stock I'm currently invested in has a merger vote coming up, and the likeliness of that merger being approved is very high. At the same time, this stock is shorted ~70%. In the merger agreement, it states the swap ratio at which all shares and options convert at 1:.12(ball parking it). I was wondering does this apply to the shorts as well? On one hand, I'm told that the shorts will also convert into the new stock and the float will simply get bigger. On the other hand, I'm told by people with very strong convictions that shorts need to cover prior to the merger and the company will order a share recall. If you have a stance on this, please provide a source so I know it's not just a baseless claim. Thank you. [link] [comments]  |
| Opinion: Retail traders should be glad payment for order flow exists Posted: 31 Aug 2021 05:14 AM PDT I figured this would be a relevant post considering an article that recently came out: SEC Chairman Says Banning Payment for Order Flow Is 'On the Table' Disclaimer: I'm simply condensing some thoughts I've had on payment for order flow (PFOF). I'm just a casual observer, and this is the internet. For all you know everything I'm about to say is complete BS. Payment for order flow =/= front running (which is already illegal). Nothing I have seen or experienced leads me to believe that PFOF screws over retail investors in any meaningful way. Might you get better fills if you use a brokerage that doesn't participate in PFOF? Sure. Does it matter? No, at least not for the vast majority of retail investors. If you're in that tiny (probably non-existent) minority where your bottleneck to greater profits is fill quality, then you probably wouldn't consider yourself an investor, and probably aren't reading this post. Think about it: If you bought AAPL a month ago, does it really matter that your order technically might not have filled at the best possible price? What if you only DCA into SPY? If you were gambling in penny stocks or options having no idea what you were doing, is PFOF the deciding factor of your P/L? No. Isn't it great that we can do all of these things without worrying about paying commissions? I think so. Even if you could get better price improvement from a broker not participating in PFOF, you're still never going to do worse than the NBBO. It used to not be very clear to me why market makers are willing to pay so much for retail order flow. Then I read this comment and this comment from someone who implies they are a market maker, and the light bulb went on. Here are the highlights:
This makes the most sense out of anything I've ever read about PFOF. If I'm a market maker and it's literally my job to be transacting in the market all day every day, and my goal is to make money from the bid/ask spread, I don't want to be exposed to any other source of P/L. The best I can hope for is to take opposing trades to as many orders as possible whose P/L will average out to 0. I'll make the spread times however many round trip trades that I've taken. Now let's look at front running. Here's what FINRA says about front running (rule 5270):
...English translation (source):
If I want to make money by front running, I want to see a lot of large, one-sided orders, and get in on the same side as those orders before they're executed (remember a market maker will always take the opposite side). When they go through, and the market moves to that side, I'll make money. It seems like a bad idea to try and front run retail flow, given its smaller average order size and uncorrelated nature. Retail flow probably won't be moving markets in most cases. Obviously the whole GME/meme stock situation might be different, but maybe not. Here is an interesting point that was made in a thread on NuclearPhynance:
I will leave you with a link to an interesting post that outlines what brokers charge for PFOF. [link] [comments]  |
| How to track IPOs, ICOs, ISOs (and which have you most excited) Posted: 31 Aug 2021 02:12 PM PDT Any great, frequently updated resources for following upcoming IPOs, ICOs, and ISOs? My current list of IPOs to watch include:
Any tips on government websites that publish IPO updates? Newsletters that send updates? Ideas for tracking companies that are rumored to be going public? [link] [comments]  |
| Asset line of credit robinhood Posted: 31 Aug 2021 08:52 AM PDT If i want access to cash for let's say, a down payment on a house. I have $50,000 in assets on Robinhood. How can I borrow against this to: -avoid taxable events by selling a stock -get access to cash to make a non stick investment, like a house or food truck etc as I mention earlier Is Robinhood gold an option? Does the Robinhood card make this possible? -are either of these capable of doing what i asked -do i have to invest with TD Ameritrade not vanguard for this type of service. Also, other advice about borrowing against Robinhood assets is also greatly appreciated. Like using my Robinhood as collateral for a PNC loan for example etc [link] [comments]  |
| Posted: 31 Aug 2021 01:12 PM PDT This company does apparently have a KIID. Such document is only needed for small retail clients in EU to purchase funds, but this isn't a fund, it's a company. I find this to be very weird. It's and investment company, but it still doesn't mean it should have a KIID. Anyone with more experience in this matter? FYI: KIID=key investor information document [link] [comments]  |
| Posted: 31 Aug 2021 07:30 AM PDT "As of the date of this press release, X% of the Trust's total X units outstanding were held by a company A as the official unitholder of record. The record date of Date B for this distribution is only applicable to unitholders of record such as company A and the ex-date, as set by The Financial Industry Regulatory Authority, Inc., or FINRA, actually determines which street name holders will be eligible to receive the distribution. " I found this in a press release in a company I invested in and the dividend is "late" it sounds like basically the company is saying we're only paying some of our shareholders. is that a correct reading? and is that allowed? I was unaware this was a option and got a bit blindsided by it. I redacted the particular dates and company names. [link] [comments]  |
| You are subscribed to email updates from Lose money with friends!. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment