All things STOCKS

#6,826
#6,826
Tri-CitiesVol said:
I think IVR may be the play over MFA. Lagging behind so more room for growth/better entry point. And historically they pay out .50 quarterly to MFA .20 quarterly. Traded at 18.20 pre covid compared to MFA at $8.
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Why are they still so low? Dilution or something?
 
#6,828
#6,828
Tri-CitiesVol said:
Rumor I’m seeing is PSTH is trying to take STRIPE public.
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I own psth and dgnr. A new type investment for me. Depending on Ackman to make a good bet. We'll see. Also have some rbac which supposedly is talking to the Boston Red Sox.

The market is being flooded with these spac s.
 
#6,829
#6,829
Go aeiou said:
I own psth and dgnr. A new type investment for me. Depending on Ackman to make a good bet. We'll see. Also have some rbac which supposedly is talking to the Boston Red Sox.

The market is being flooded with these spac s.
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I’ve never been in on a SPAC before the company they are taking public is announced. Is 24 a good entry point on PSTH?

I’ve played a few EV SPACs but already knew the company and entered around $10. Those are easy money. I’m interested to see if this works out the same.
 
#6,833
#6,833
Tri-CitiesVol said:
I’ve never been in on a SPAC before the company they are taking public is announced. Is 24 a good entry point on PSTH?

I’ve played a few EV SPACs but already knew the company and entered around $10. Those are easy money. I’m interested to see if this works out the same.
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I have no idea. I went out on a limb and acquired psth because of Ackman. Bought at $21-22. Stripe is not what I was expecting, but I know very little about it.
I like dgnr more. Only have a small amount of rbac.
All are somewhat volatile if you are looking for a 5-10% profit.
 
#6,834
#6,834
Go aeiou said:
I have no idea. I went out on a limb and acquired psth because of Ackman. Bought at $21-22. Stripe is not what I was expecting, but I know very little about it.
I like dgnr more. Only have a small amount of rbac.
All are somewhat volatile if you are looking for a 5-10% profit.
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He tried for AirBnB, but they declined. Stripe is just a rumor, but the article I read said he’s big into FinTech.
 
#6,837
#6,837
Tri-CitiesVol said:
The bubble may burst on me but my PT on PIC is the $20-25 range
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I'm looking for $15-$16 before I start taking profits. That would give me almost 50% gains and by far my most profitable trade.

At the same time, I am unable to watch it today, so I've got to put in a SL to secure profits. Probably near $12 which would at least be 10%. This EV run could crash any day. It's been insanely hot. But, yeah, announcing the merger is complete would send it another 20-30% today I'm sure.
 
#6,838
#6,838
Carp said:
I'm looking for $15-$16 before I start taking profits. That would give me almost 50% gains and by far my most profitable trade.

At the same time, I am unable to watch it today, so I've got to put in a SL to secure profits. Probably near $12 which would at least be 10%. This EV run could crash any day. It's been insanely hot. But, yeah, announcing the merger is complete would send it another 20-30% today I'm sure.
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I’m going to close out my PIC calls in case the sector dumps, but I’m keeping my shares until $20. I’m a believer in XL Fleet.
 
#6,842
#6,842
Stopped out on PIC this morning. But can't complain about 10% gains. May look to unload DKNG today. Let's see how it finishes.
 
#6,844
#6,844
BigOrangeMojo said:
Only up a smidge more than the indexes today but up 35% so far in November so I'm not enjoying today as much as you guys...

Prolly got some crow to eat on IDEX too..
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Damn. Smokey's been on a roll. I'm up almost 24% MTD. I had some pretty cool symmetry today with personal milestones coinciding with Dow 30k. I crossed over 50% up YTD, up over 300k YTD, and closed over 900k for the first time in my active account.
 
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#6,845
#6,845
TheColdVolTruth said:
Damn. Smokey's been on a roll. I'm up almost 24% MTD. I had some pretty cool symmetry today with personal milestones coinciding with Dow 30k. I crossed over 50% up YTD, up over 300k YTD, and closed over 900k for the first time in my active account.
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Yeah, been a nice little run here (other than DBX). Looks like Smokey has knocked off about half of your $198K lead . He's still on the prowl (no thanks to DBX though, ha ha).

Downside - There is very little on sale. Even beat-up dog crap companies like XOM and WFC have had a nice run up.
 
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#6,846
#6,846
BigOrangeMojo said:
Yeah, been a nice little run here (other than DBX). Looks like Smokey has knocked off about half of your $198K lead . He's still on the prowl (no thanks to DBX though, ha ha).

Downside - There is very little on sale. Even beat-up dog crap companies like XOM and WFC have had a nice run up.
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That's awesome. I'm sure Smokey's better at this than I am. I had some meteoric returns on some highly speculative trades over the last six or seven years leading into this year. I was either lucky or good, and I don't really care at this point which one applies. But I have certainly left some meat on the bone this year. I feel like I was perfectly positioned in February. I had been seeing China lockdown on Bloomberg Asia market overnight coverage, and I sold to about 40% cash about a week before the market top and took a 3x inverse position in oil. I had no idea the impact covid would have here, but I thought the supply chain would get broken with China in lockdown. I sold my oil bear etf in March to get to 60% cash and jumped in a few days before the market bottom. By June I had taken a lot of profits and hedged into metals etfs (I'm currently out completely if metals) while keeping a cash stockpile. I've been able to land a few punches since then, but I had three or four months of underperforming the index until this month. I've learned a lot this year, but I don't know if I'll get another opportunity in my lifetime to apply it. I told my wife today that for all the bad 2020 has brought, there has definitely been some good. I saw the market crash in 08/09, but I was too young and dumb to capitalize. This year has definitely provided some historic opportunities.
 
#6,847
#6,847
My leftist friends are crediting Biden for my profits today (never mind Operation Warp Speed, Astra Zeneca and Pfizer vaccines, airline traffic soaring, GA not necessarily putting 2 radical leftists in the Senate, Trump not planning to practice dictatorship as they’ve been squawking about...). Thanks, Joe. I guess I should have voted for you.
 
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#6,848
#6,848
Thunder Good-Oil said:
My leftist friends are crediting Biden for my profits today (never mind Operation Warp Speed, Astra Zeneca and Pfizer vaccines, airline traffic soaring, GA not necessarily putting 2 radical leftists in the Senate, Trump not planning to practice dictatorship as they’ve been squawking about...). Thanks, Joe. I guess I should have voted for you.
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I'll let you argue with yourself over this. LOL

Thunder Good-Oil said:
You are creating partisan arguments that belong in the Politicsl Forum, but the Trump rally began the day after the 2016 election however the stats credit Obama’s administration for the rally. The opposite is true today. The current pull back through inauguration will penalize Trump (I’m assuming Biden-Harris will win). That 100% of the returns assertion also ignores the party in control of Congress and also that policies are long term in nature rather than immediate and much of those from a single term POTUS probably have as much of an impact on the economy of a successor’s administration.
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#6,850
#6,850
BTW, the DJIA was 29,000 just prior to the global pandemic being a thing. I’ll be shocked if the market averages approach 10% per year over the next 4. But that will have more to do with which party is in control of Congress. What did BHO do after the 2016 elections that came anywhere close to what Operation Warp Speed has pulled off? Obamacare perhaps? Bwah ha ha ha!
 
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