All things STOCKS

#6,902
#6,902
Carp said:
I've got about half my portfolio in cash right now.
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I'm kind of in the same boat. I could be way off, but I feel like we might get a decent correction in the near-ish future, though that depends on lots of factors. I've mainly been buying some stock of companies I like on down days/weeks and at times, I'll trim my positions down if they're up a decent amount

oh, also holding some cryptocurrencies (I need to bump one of those threads that we have here in the pub from years ago) which have been up a ton recently. Trimming some at times, but mainly trying to see how far they'll run
 
#6,903
#6,903
Enzc is moving. An otc stock that may have significant implications with both HIV and Covid. Expected Pr sometime this week. Maybe something y'all want to look at
 
#6,906
#6,906
I’ve bought it a few times, but it always gets rejected by .38. Should it get the volume this week to bust that, then it’s at least doubling.
 
#6,908
#6,908
I'm doing something a bit risky. Put about $1k into $SPWH on the dip this morning. ER is tomorrow, so I'm hoping for a run up. DKS had a pretty great ER, but it seems like the price was already baked in. SPWH has been beat down pretty good over the last month, so I'm going to hope that a good ER sends this flying. At the very least, hopefully we see a run up today/tomorrow up to the $15+ and I'll be on watch tomorrow at close to sell if it tanks.
 
#6,909
#6,909
Carp said:
I'm doing something a bit risky. Put about $1k into $SPWH on the dip this morning. ER is tomorrow, so I'm hoping for a run up. DKS had a pretty great ER, but it seems like the price was already baked in. SPWH has been beat down pretty good over the last month, so I'm going to hope that a good ER sends this flying. At the very least, hopefully we see a run up today/tomorrow up to the $15+ and I'll be on watch tomorrow at close to sell if it tanks.
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I’d think that they would have had a better quarter than DKS. Does DKS even sell firearms anymore? I would think that there were a lot of guns sold as a Biden win started becoming more likely. Plus they bought a couple of stores for CASH during Q3. Q2 was great as well.
 
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#6,910
#6,910
Thunder Good-Oil said:
I’d think that they would have had a better quarter than DKS. Does DKS even sell firearms anymore? I would think that there were a lot of guns sold as a Biden win started becoming more likely. Plus they bought a couple of stores for CASH during Q3. Q2 was great as well.
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This was part of my thought process as well. DKS stopped selling guns, so a portion of those sales should go to SPWH (along with Wal-matr, Sports Academy, Bass-Pro, etc). That alone won't lead to a huge uptick in revenue, but it isn't insignificant either. And yeah I would expect gun sales to have spiked in Q3 as Biden was leading most polls pretty significantly throughout that time period and Trump was taking a beating with COVID. That along with the protests and riots across the country likely lead gun owners to stock up on guns and ammo.

Ruger's Q3 was phenomenal, with 5x more reveue than they reported in 2019 Q3. VSTO best earnings quite a bit as well. This sort of confirms my suspicions about gun sales. Hopefully I'm right.
 
#6,912
#6,912
Carp said:
This was part of my thought process as well. DKS stopped selling guns, so a portion of those sales should go to SPWH (along with Wal-matr, Sports Academy, Bass-Pro, etc). That alone won't lead to a huge uptick in revenue, but it isn't insignificant either. And yeah I would expect gun sales to have spiked in Q3 as Biden was leading most polls pretty significantly throughout that time period and Trump was taking a beating with COVID. That along with the protests and riots across the country likely lead gun owners to stock up on guns and ammo.

Ruger's Q3 was phenomenal, with 5x more reveue than they reported in 2019 Q3. VSTO best earnings quite a bit as well. This sort of confirms my suspicions about gun sales. Hopefully I'm right.
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The risk is with the buy-on-the-rumor and sell-on-the-news theory. But buying those stores for cash and the fact that they have been profitable yet still have a very reasonable P/E ratio should prevent the bottom from falling out. Of course the unknown is how effective can the Biden administration be at hurting the firearm industry. If the left can’t get their way of weakening the 2A directly, they will attempt to do an end around and make it more difficult for the gun sellers to operate (allowing and encouraging frivolous lawsuits).
 
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#6,913
#6,913
Guy on twitter makes a good point. COVID relief funds are running out soon. There will be a push for another round of COVID relief before the EOY, with the usual pork added to it. So what stocks will benefit most from this?

Guessing travel stocks stand to benefit the most with vaccines about to be rolled out in the coming weeks and as vacation destinations are likely to start to re-open to larger capacities during the 1st two of quarters in 2021. What are other stocks you think will see a good bounce from a 2nd stimulus? Home improvement stocks perhaps? Clean energy related stocks? Retail goods?
 
#6,914
#6,914
Carp said:
Guy on twitter makes a good point. COVID relief funds are running out soon. There will be a push for another round of COVID relief before the EOY, with the usual pork added to it. So what stocks will benefit most from this?

Guessing travel stocks stand to benefit the most with vaccines about to be rolled out in the coming weeks and as vacation destinations are likely to start to re-open to larger capacities during the 1st two of quarters in 2021. What are other stocks you think will see a good bounce from a 2nd stimulus? Home improvement stocks perhaps? Clean energy related stocks? Retail goods?
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Maybe municipal bond funds? If there’s a such thing as a student loan play then they will also be beneficiaries of added pork.

I think that they infrastructure companies will do good business with the incoming administration. Much of that has already been reflected in the equity prices (although I think that Martin Marietta has pulled back a bit in the last day or 2 before today).

Defense company stocks haven’t kept pace with other industries in the stock price surge. The bad news of a potential hostile environment (Harris-Biden) might be baked in already. The smaller tech oriented defense names might do well. The large caps might lag with US spending potentially being weak, but they might also benefit if the rest of the free world remains under pressure to take more of the burden. Trump’s approach was to shift more of the cost of protecting world commerce to other wealthy, free nations. The globalists could be pushing the burden back to the US taxpayers. There are a lot of geo-political unknowns looking forward. Georgia can elect a Republican US senator or two and knock out some of the market’s risk by keeping the checks and balances in place.
 
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#6,917
#6,917
Thunder Good-Oil said:
The risk is with the buy-on-the-rumor and sell-on-the-news theory. But buying those stores for cash and the fact that they have been profitable yet still have a very reasonable P/E ratio should prevent the bottom from falling out. Of course the unknown is how effective can the Biden administration be at hurting the firearm industry. If the left can’t get their way of weakening the 2A directly, they will attempt to do an end around and make it more difficult for the gun sellers to operate (allowing and encouraging frivolous lawsuits).
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Heck, the left won't do anything more than nominal to 2A. They had the Presidency, House, filibuster proof Senate, multiple mass shootings in 2009, and the Supreme Court and they didn't do anything other than minor stuff. If the left actually cared about gun control, they would have done something then. Ultimately, there's too much $$$ involved for both parties to do anything too dramatic to 2A....
 
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#6,918
#6,918
BigOrangeMojo said:
Heck, the left won't do anything more than nominal to 2A. They had the Presidency, House, filibuster proof Senate, multiple mass shootings in 2009, and the Supreme Court and they didn't do anything other than minor stuff. If the left actually cared about gun control, they would have done something then. Ultimately, there's too much $$$ involved for both parties to do anything too dramatic to 2A....
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The only thing I really remember that admin doing was letting tranny’s use whatever bathrooms they wanted. And I’m not really even joking..
 
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#6,919
#6,919
BigOrangeMojo said:
Heck, the left won't do anything more than nominal to 2A. They had the Presidency, House, filibuster proof Senate, multiple mass shootings in 2009, and the Supreme Court and they didn't do anything other than minor stuff. If the left actually cared about gun control, they would have done something then. Ultimately, there's too much $$$ involved for both parties to do anything too dramatic to 2A....
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They won’t be able to dismantle the 2A but they sure have figured out that by making it easier for shooting victims to sue the gun companies they can cripple the industry. They can punish the retailers and crush the manufactures (which are not huge companies). If they can make owning guns far more expensive they will accomplish their goal of disarming or weakening the fire power of more citizens. Their agenda is such that I’d not want to buy and hold the gun stocks. Political strategies have evolved muchly in the last 10-12 years. The Elite only want the elites to have potent weapons.
 
#6,920
#6,920
Watching SalesForce (CRM) closely. Nice after hours pull back of nearly 10% on top of a bad day. Potential widow stock for the next generation or two like KO was in the last mid-century.
 
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#6,922
#6,922
BigOrangeMojo said:
Heck, the left won't do anything more than nominal to 2A. They had the Presidency, House, filibuster proof Senate, multiple mass shootings in 2009, and the Supreme Court and they didn't do anything other than minor stuff. If the left actually cared about gun control, they would have done something then. Ultimately, there's too much $$$ involved for both parties to do anything too dramatic to 2A....
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I had this conversation over Thanksgiving. Obama was president when Sandy Hook occurred, and nothing was passed. Of course the Dems have now seen restrictions passed via executive order by the current president. That may be a precedent Biden feels emboldened by to attempt further EO after seeing St. Donald attack 2A via executive action.
 
#6,923
#6,923
Thunder Good-Oil said:
Watching SalesForce (CRM) closely. Nice after hours pull back of neatly 10% on top of a bad day. Potential widow stock for the next generation or two like KO was in the last mid-century.
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I've been playing SHOP and JBT for a while. Lately, the trend has been SHOP consistently running between 850/900 and 1100. JBT fluctuates between 90 and 115 or so. I have not been disappointed playing within those ranges and being patient.
 
#6,924
#6,924
Got out of a bad trade this morning for about a 5% profit. Was down over 20% on this trade for over a month and was still down 17% at this time yesterday. It ran up 20% more after I see sold, but I don't care. I'm just glad to be out with profit after holding that turd
 
#6,925
#6,925
Carp said:
Got out of a bad trade this morning for about a 5% profit. Was down over 20% on this trade for over a month and was still down 17% at this time yesterday. It ran up 20% more after I see sold, but I don't care. I'm just glad to be out with profit after holding that turd
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That’s what holds stock prices down for long periods of time after big dives. There’s lots of selling on the way back up as buyers that were under water like to jump out once they’re back to even. Lots of selling pressure on the way back up.
 
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