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    Sunday, November 7, 2021

    Stocks - The absurdity of Elon Musk's poll to decide to sell TSLA stocks

    Stocks - The absurdity of Elon Musk's poll to decide to sell TSLA stocks


    The absurdity of Elon Musk's poll to decide to sell TSLA stocks

    Posted: 07 Nov 2021 12:03 PM PST

    Let's just remember that the majority of TSLA poll voters (like me) are not even stockholders. Heck, I am not even a USA citizen... Why the majority of random internet users should even decide on such an important matter which will affect the majority of real stockholders?

    submitted by /u/vytasmike
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    Time for my portfolio and AMZN to part ways?

    Posted: 07 Nov 2021 10:07 AM PST

    I have held Amazon since 2018 - after selling a modest holding back in 2001 (grumpy face emoji).

    I chose amzn because i had been using their shopping website for 15+ years, and it gave me so much confidence. It led the way for usability in web design, the customer service was unbelievable and 9/10 times it was the cheapest option. I also wanted to invest in cloud computing, so amzn seemed a good fit.

    I feel the shopping experience has changed. The flood of third party sellers has had a negative impact on the usability. Prices are usually cheaper elsewhere. Prime's 'next day delivery' seems to have become two days, which was the old standard free delivery.

    I still believe in amazon, but would like some other opinions on wheather or not its a hold. Another option would be to move into a cloud computing etf like skyy, which i see as a half way house between selling and keeping amzn.

    Any thoughts would be very welcome

    submitted by /u/GodIsAPizza
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    Advice about stock research

    Posted: 07 Nov 2021 03:40 AM PST

    Hello everyone. I would like some advice about the best sites for doing research about stocks and the stock market in general. What is in your opinion the best sites to do that? I'm looking for sites that are free. I'm a casual trader so I'm not looking for premium ones.

    submitted by /u/gitgudmadude1336
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    What stocks do you think will be the next BIG winners?

    Posted: 07 Nov 2021 11:01 AM PST

    Looking at stocks like CRWD, SE, NET, TWLO, ETSY, etc. They've had fantastic returns over the past couple of years but don't feel like great opportunities at their current valuations. I think they'll probably still perform well, but unlikely to have big runs anytime soon.

    What stocks are you looking at that may be in the position these were in two years ago, but will be in their current position two years from now? Obviously you can't predict the future, but what are some candidates you guys have that could maybe do this?

    I think Sweetgreen will be a fantastic buy. Probably not going to be a quick 10 bagger but could be 10x in the next 5-10 years for sure.

    submitted by /u/ThrowRA775203
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    What happens to TSLA is Elon goes through with selling $20B in stocks? https://twitter.com/elonmusk/status/1457064697782489088?s=21

    Posted: 06 Nov 2021 06:08 PM PDT

    What would the stock ramification be if he were to drop 10% of his position? Could we see institutional investors jumping ship to avoid a loss? A ton of retail investors too?

    Not gonna lie, I am looking to get out worried about losing significant valuation. Monday morning could be a shit show.

    Or am I being over dramatic.?

    Edit: "dumb money" being over dramatic. Was unaware of any process he would have to go through in order to sell.

    I am a long term investor and have been for a decent amount of time. Just a newbie hitting a small panic button.

    submitted by /u/chunbelievable
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    Q3 '21 Earnings Call Takeaways for video game publishers: (ATVI, EA, TTWO)

    Posted: 07 Nov 2021 11:04 AM PST

    I love video games as an investor & a gamer. Here's my unbiased view supported by data, research & facts of how each publisher did in the prior quarter & the outlook ahead:

    Q3 '21 Bookings vs the prior quarter:

    • ATVI: $1,880m (down $41m or 2.1%)
      • Bookings were down primarily due to Activision console & PC (-$152m or -24.2%; I believe this is due to churn to Apex Legends due to their lack of a solution for anti-cheating while ATVI believes it was due to last year's tough comps) mostly offset by Blizzard ($60m or 13.9%; they released Diablo) and King ($17m or 2.7%; Candy Crush & advertising)
    • EA: $1,851m (up $515m or 38.5%)
      • That includes Full Game sales (up $414m or 146.8%; they released FIFA '22)
      • Live Services (up $101m or 9.6%; which I believe is primarily Apex Legends benefitting from WarZone churn)
    • TTWO: $985m (up $273m or 38.4%)
      • That includes Full Game sales (up $85m or 38.4%; they released NBA 2K '22)
      • Recurrent Consumer Spending (up $189m or 38.4%, benefitted from GTA Los Santos Turner update & NBA 2K engagement)
    • General Takeaways:
      • Excluding new game releases, TTWO & EA were able to sequentially increase bookings from the prior quarter while ATVI did not.
      • ATVI is losing engagement for WarZone while EA & TTWO are doing well.

    Full Year Bookings Outlook vs prior guidance:

    • ATVI: $8,650m (unchanged)
      • I believe there is some downside risk given World of Warcraft & Call of Duty may see continued gamer churn to New World, Apex, Legends, and Battlefield 2042.
    • EA: $7,625m (up $225m or 3.0%)
      • That $225m was for Live Services only, which likely reflects Apex Legends taking share from WarZone.
      • I noticed they didn't change their expectations for Full Game Downloads including Battlefield 2042, which I'm bullish on given community engagement
    • TTWO: $3,300m - $3,400m (up $100m or 3.0%)
      • Looks like NBA 2K & GTA engagement has been better-than-expected despite tough comps from last year's lockdowns & this year's reopening economy
    • General Takeaways:
      • I don't trust ATVI's guidance for bad reasons (CoD & WoW churn)
      • I don't trust EA's guidance for good reasons (the CEO mentioned BF 2042 early access event was the largest they ever had & feel very good about player demand, yet didn't bump Full Download guidance)
      • TTWO is doing just fine

    Latest Price Targets after updating my forecasts:

    • ATVI: $59
      • 10x multiple on FY EBITDA of $4,022m
      • That $4,022m is aligned with management's guidance, but giving a lower multiple due to near-team guidance miss from WoW & CoD churn, delaying OverWatch 2 & Diablo, and a penalty for poor management with workplace issues
      • If I bumped that multiple to 25x, my price target would be $137. But, I don't see the market giving that multiple anytime soon until the pipeline is back on track & there is more confidence in management.
      • Very undervalued for long-term investors that are patient for a turnaround if I bumped the multiple back up.
    • EA: $167
      • 25x multiple on FY EBITDA of $1,915m
      • Upside from Battlefield 2042 and is my #1 conviction for the short-term
    • TTWO: $225
      • 35x multiple of FY EBITDA of $728m
      • Higher multiple since it's the largest metaverse company on earth that the stock market isn't fully appreciating, GTA 6 upside in a few years, & could be an attractive acquisition target for big tech that want a top player in gaming & metaverse with a digestible market cap (only $21 billion)
      • My #1 conviction for the long-term due to metaverse & GTA 6
    submitted by /u/ricke813
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    Charlie Munger said: "If You Can't Stomach 50% Declines in Your Investment You Will Get the Mediocre Returns You Deserve"

    Posted: 06 Nov 2021 06:36 PM PDT

    This makes absolutely no sense.

    (Cant post video bc they dont allow YT links here)

    If you're in the market this year and you're let's say fucking Peloton , SKLZ, etc... you shouldn't be stomaching it and holding it just "because". You should be actually picking smart investments in one of the best bull markets I've ever seen. If the market itself is poor for the year that makes sense of course, but this idea is ridiculous. What is he talking about?

    submitted by /u/BurnerBurnerBurns20
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    Do large OTC Stocks Act Like NYSE Ones?

    Posted: 07 Nov 2021 07:51 AM PST

    Hi all,

    Hopefully this is not in violation of Rule 7. I am looking into buying some OTC stocks of large multi-national corporations mainly based in Europe who are not listed on the New York Stock Exchange. Think Airbus ($EADSY) or Volkswagen ($VWAGY), so we are NOT talking about penny stocks here. I was wondering how often stocks like these perform many of the beneficial actions that you would see from those listed on the NYSE.

    Do they pay dividends as large and as commonly as US-based stocks?
    Do OTC stocks ever go through stock splits like we may see from US-based companies?
    If a company is listed as either an F or a Y OTC stock, will that affect these kind of things?

    submitted by /u/Cornexclamationpoint
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    Question about transaction speed...

    Posted: 07 Nov 2021 07:31 AM PST

    How long would it take an offshore bank to sell a 342 Million dollar USD sized futures contract on soybeans and have cash in their accounts? Would it be pseudo instant or is there something from a technical level that makes it take a while (SWIFT system time)?

    (also does the amount of money matter as long as they get their contracts filled?)

    submitted by /u/nerdy_1234
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    selling covered calls a source of passive income!

    Posted: 07 Nov 2021 09:31 AM PST

    Hi

    I have around 13K $ that I want to invest, there's one stock that I'm OK in buying it and holding it long term (10-15 years) which is $LCID, what I'm planning to do is buy around 300 shares, and every week, sell covered calls as a source of income, it will probably generate around 120-150$ every month, depending how volatile the stock is, the strike price would be out of money and much higher than my cost.

    what do you think about this strategy?

    submitted by /u/WifeStealer99
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    Question about calculating profits as I took out money in my account at various times to get actual numbers

    Posted: 07 Nov 2021 10:39 AM PST

    Hello r/stocks I am a holder in just an index fund and had taken profit on some stocks. So my account has shown a higher return than actually Is for example I had three hundred dollars then took profit and had me down to 200 but my percentage on the year goes up even though that's not the actual return how do I calculate my actual returns for the year.

    submitted by /u/Creekpack23
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    Disney has an incredible movie lineup next year

    Posted: 06 Nov 2021 10:53 PM PDT

    Disney(DIS) has an incredible movie line up next year, and with Covid coming to an end, things might be finally be going in the right direction for Disney.

    Their movie line up includes:

    • Avatar 2
    • Turning Red
    • Thor:Love & Thunder
    • Light Year
    • Black Panther: Wakanda Forever
    • Doctor Strange: Into the Multiverse
    • Death on the Nile

    How do you think Disney will fare next year?

    submitted by /u/gorays21
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    Outstanding shares, diluted shares, float shares,

    Posted: 07 Nov 2021 06:20 AM PST

    Good morning everyone,

    I have read as much as I can about outstanding shares, diluted shares And floating shares. Yet I'm still very confused. I'm more of slow learn I guess .

    Would one of you smart people help me up please. Break it down like he would break it down to someone who knows stocks but not to deep-

    Mainly this question stemming from Musk recent tweets that he will sell 10% of his shares - I read this are diluted but I have no idea what that means.

    Thank you

    submitted by /u/pmekonnen
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    Would you make any adjustments to this portfolio?

    Posted: 07 Nov 2021 03:32 AM PST

    I'm investing from Ireland so EFTs are a no go for me at the moment due to the very high tax rates (41%) and the fact that we have an eight year deemed disposal rule here.

    My pension is invested in the following fund and I'm maxing out my contributions (and my employer contributes 10% on top of this). I don't know what exactly makes up this fund as they only give a breakdown of the top ten holdings but I'm assuming it mirrors the S&P 500 somewhat.

    So for my spare cash which I would like to save I've come up with the below portfolio. I guess I'm trying to target some companies which are unlikely to be part of my pension plan (hence the strong focus on animal healthcare) and a little bit more on the riskier end of the spectrum. I'm not crazy about the SP of either ZTS or TRUP though.

    SPWR (SunPower Corp) - Technology (Photovoltaic Solar Systems & Equipment) - 3.25%

    PFE (Pfizer Inc) - Healthcare (Pharmaceuticals (NEC)) - 4.36%

    BEPC (Brookfield Renewable Corp) - Utilities (Hydroelectric & Tidal Utilities) - 8.26%

    PETS (PetMed Express) - Services (Retail - Drugs without Grocery) - 9.17%

    TDOC (Teladoc Health Inc) - Healthcare (Telemedicine Services) - 10.23%

    TRUP (Trupanion Inc) - Financial (Health Insurance) - 10.26%

    LMND (Lemonade Inc) - Financial (Property & Casualty Insurance (NEC)) - 10.40%

    TLRY (Tilray Inc) - Healthcare (Pharmaceuticals (NEC)) - 10.67%

    ZTS (Zoetis Inc) - Healthcare (Veterinary Drugs) - 10.80%

    CHWY (Chewy Inc) - Services (Pet & Pet Supplies Retailers) - 11.13%

    CSIQ (Canadian Solar Inc) - Technology (Photovoltaic Solar Systems & Equipment) - 11.48%

    Unfortunately the platform I use doesn't allow for fractional shares.

    Any advice/thoughts would be much appreciated, thanks!

    submitted by /u/mrlanyon
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    Telsa (TSLA) owner Elon Musk asks Twitter followers whether he should sell 10% of Tesla stock

    Posted: 06 Nov 2021 05:48 PM PDT

    https://www.reuters.com/technology/musk-asks-followers-twitter-whether-he-should-sell-10-his-tesla-stock-2021-11-06/

    https://twitter.com/elonmusk/status/1457064697782489088

    --

    Musk tweeted that he will abide by the results of the poll, whichever way it goes.

    The poll received over a million responses in three hours since he posted it, with 54% of respondents approving the proposal to sell the shares. The Poll is scheduled to end around 3 p.m. ET on Sunday.

    Musk's shareholding in Tesla comes to about 170.5 million shares as of June 30 and selling 10% of his stock would amount close to $21 billion based on Friday's closing, according to Reuters calculations.

    I'm not directly invested in Tesla, but the news should trigger a massive sell-off on Monday if everyone wants to realize profits quickly, right? However, he didn't give a time frame by when the sale should happen. Could be a wild Monday for TSLA.

    submitted by /u/Weisheit_first
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    Investing in the UK or abroad?

    Posted: 07 Nov 2021 12:03 PM PST

    I want to start Investing here in the UK, my first choice was vanguard however I'm moving countries soon and it a UK only platform. Should I invest anyway while im here or wait until I've moved and try that country's trading platforms?

    submitted by /u/ThisHurtMyHead
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    Stock with negative earning NET, TDOC, SE...

    Posted: 07 Nov 2021 06:00 AM PST

    Companies with negative earning: How I can evaluate how good the stock is for investing? what is the DD journey? which indicators, analysis do you do? Is P/S a good indicator in this case?

    thank you peers and happy Sunday

    submitted by /u/Purple_Cow1
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    Xiaomi Planning to Open 30,000 Stores as It Prepares the Car Offensive

    Posted: 07 Nov 2021 06:10 AM PST

    While Apple is without a doubt the biggest tech firm currently developing a self-driving EV, others have already confirmed similar plans too, including Chinese phone manufacturer Xiaomi.

    The company wants to launch its own car by 2024, so right now, Xiaomi is hard at work preparing its automotive offensive on pretty much all fronts.

    While the development of the vehicle is obviously the main focus right now, Xiaomi is also trying to make sure that once the launch takes place, everybody can come in and see what its car is all about.

    That's why the company has recently announced an ambitious plan of opening no less than 30,000 stores, with Chinese media revealing that many of them will be specifically built to double as a car dealership.

    In other words, Xiaomi wants to build all-in-one stores that will serve more than just a single purpose.

    The Chinese tech behemoth aims to create locations of at least 600 square meters that would allow visitors not only to get a hands-on experience with the latest devices, be they smartphones, tablets, or smartwatches, but also to see the Xiaomi cars live.

    The plan is mostly aimed at China, so there's one big question that Xiaomi is yet to answer: is the company planning to go international with its upcoming EV or will it just focus on the domestic market?

    Without a doubt, if Xiaomi plans to compete directly against Apple and its upcoming Apple Car, expanding the availability of its vehicle beyond the borders of China is the only way to go. On the other hand, it'll be a challenge for Xiaomi to bring its cars to Europe and the United States, so it'll certainly be interesting to see how the company's automotive ambitions evolve in the coming years.

    [Source]

    [Chinese source]

    submitted by /u/DestroyedByLSD25
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    Everyone saying the stock market is overvalued...

    Posted: 06 Nov 2021 04:52 PM PDT

    S&P earnings are projected to be ~210 this year.

    S&P ~4700 / 210 = 22.38 P/E in 2021

    S&P next year earnings are projected to be 230-240. Let's use the low end.

    S&P ~4700 / 230 = 20.43 Forward P/E

    Doesn't seem so overvalued to me....

    submitted by /u/LuxGang
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    McAfee nears deal to sell itself to US private equity firm for more than $10 billion, what happens next?

    Posted: 07 Nov 2021 01:10 PM PST

    https://finance.yahoo.com/news/mcafee-nears-deal-sell-itself-195059998.html

    This was announced Friday, so I'm a little late to share, but I'm also a novice with trading so I thought I'd ask my question related to this.

    I'm holding MCFE. This seems like a good thing--stock price went up 20% by close on Friday. My question is... if McAfee sells, what happens to the stock? I guess they're only selling their own shares? Will it still be called MCFE? What would be expected to happen if they sell? Is a price jump typical?

    Sorry if these are beginner questions. I figure I would also just share the info if anybody was interested in the announcement.

    submitted by /u/kirbunkle
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    Trying to become a stock broker but i have a background

    Posted: 07 Nov 2021 01:08 PM PST

    So I have been in school for digital cinematography which its coming to the end of the degree and i am about to graduate from it just to realize i really dont have the passion for it and im just really over doing film stuff but I pick that degree because i thought i could be my own boss and not worried about people not hiring me for my background which is three misdemeanor battery charges when i was 18-19 which i did 9 months and i cant get off my record because its a violent charge but i been day trading stocks for the last year no matter how much money i lose or gain i always love it and find interesting but my uncle is a stock broker and my three cousin are also but they are trying to get my sie done so i can get hired at broker but i am very worried about my background with the charges because i havent been able to get good jobs beside food industry because of my charges but im thinking of going to college again to get a financial degree so I will have better chance I was just wondering if there is anyone in here that is broker that has adivce for me to achieve my goals but uncle and cousin are no help because they didn't have to deal with that negative thing on my record.

    submitted by /u/dat_tcribbs
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    What are your thoughts on the dividend capture trading method?

    Posted: 07 Nov 2021 01:05 PM PST

    I am not new to trading, but generally have gone for penny stocks and other high risk investments. I am looking for a but more stability, and have settled on the dividend capture method. I am of course looking for an outside opinion, but also am not working with alot of cash atm. So what do yall think of this method?

    submitted by /u/ladderinstairs
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    Question For Canadian Stock Traders?

    Posted: 07 Nov 2021 12:45 PM PST

    Hello, I have been using the app Wealthsimple, a Canadian app for quite a while and the commission fees that are at 1.5% which is b.s have been making me lose quite a lot. What other apps / websites (Canadian) should I use to buy and sell stocks that aren't as high of a commission?

    submitted by /u/jackdobrinson9328
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