If you can post 2 more alerts on stocks that are going to go up 100x the next week, I’ll buy on the 3rd. It has to be only one stock at a time though (can’t just post 100 crap companies and hope one goes up) and if it doesn’t at least 10x that week, I’m out for good.
I was mostly curious about how karamazonk made out as he mentioned a long options position in BABA last week, if you were still holding these?? Hoping you had a couple puts too
Just saw this, sorry. Yeah, Thursday wasn't great. That being said, it could have been worse if not for the fact that my options position in BABA was still pretty light, as I had more money tied up in commons because of the uncertain timing of the recovery that I've mentioned previously. I actually went ahead and bought 220c for 2/19 today, ~$17 premium. Will have that position on somewhat tight of a leash. BABA is over +5% in HK right now, which is encouraging.
Funny thing is, the hit could have been much worse if the fallout hit some other major China names harder, as I did have a lot tied up in JD and to a lesser extent BIDU. JD actually had a brief crazy run-up Thurs that allowed me to sell a lot of those options positions for very nice green; I decided to hold the rest (Feb and June expiry), which hopefully I don't come to regret as it has since fallen pretty sharply.
Just saw this, sorry. Yeah, Thursday wasn't great. That being said, it could have been worse if not for the fact that my options position in BABA was still pretty light, as I had more money tied up in commons because of the uncertain timing of the recovery that I've mentioned previously. I actually went ahead and bought 220c for 2/19 today, ~$17 premium. Will have that position on somewhat tight of a leash. BABA is over +5% in HK right now, which is encouraging.
Funny thing is, the hit could have been much worse if the fallout hit some other major China names harder, as I did have a lot tied up in JD and to a lesser extent BIDU. JD actually had a brief crazy run-up Thurs that allowed me to sell a lot of those options positions for very nice green; I decided to hold the rest (Feb and June expiry), which hopefully I don't come to regret as it has since fallen pretty sharply.
oh good to hear, I was looking at those too. Might buy shares.
I'm not pumping and dumping dont get me confused with some other posters.
Goodfood now at 11.50, the first stock I suggested back in march from under $3 and like I said they are becoming an online grocery store which increases the lifetime value of the customer above the acquisition cost so it's not a pile of turds like APRN
That BABA play worked out nicely. Just got out at 23.85 from 17 yesterday. Also added another, short term position earlier today that I got over 100% on.
Not too sure what's going to happen from here so I'm out of options positions for now.
TGT is one of my highest conviction trades over the next 12 months. Brian Cornell is one of the best CEOs out there and should see the big investments they've made in digital pay off big over next 12 months. Still trading like a big box retailer, could see it get re-rated to a much higher multiple when those digital numbers keep coming in strong
Thanks for posting about this, I've been long TGT on and off for the last year or so and it gives me a lot of confidence to know that you're in on this too since you've had a lot of great calls in this thread over the years. Agree 100% on the digital growth being a potential catalyst and also that their valuation is pretty cheap, my friend who first told me about TGT and convinced me to get long pointed out that if you compare them to WMT, they're valued much more cheaply on a forward P/E basis despite growing faster and having higher margins, which doesn't make a whole lot of sense. Stock seems to have stalled out for now in the 175 - 180ish range but hopefully is just gathering steam for another move.
BIDU has been mmm mmm mmm good today. JD also a very nice two day stretch as of yet.
Might get back into BABA, was expecting more of a pullback, but with these other China names so strong it's starting to feel like it will want to run more in the short term.
Barring a significant pullback in the market (which seems quite possible), I like FDX as a longterm swing here in the 257-259 range. Building an options position for a few weeks out now.
EDIT: PINS is also kind of interesting after this pullback for a longer term swing.
Last edited by karamazonk; 12-30-2020 at 12:31 PM.
BIDU has been mmm mmm mmm good today. JD also a very nice two day stretch as of yet.
Might get back into BABA, was expecting more of a pullback, but with these other China names so strong it's starting to feel like it will want to run more in the short term.
Bernanke and Greenspan were charging more for speeches according to random twitter comments. It is just kind of hard to understand what knowledge she could give anyone that is worth 25-300k for an hour of her time?
Bernanke and Greenspan were charging more for speeches according to random twitter comments. It is just kind of hard to understand what knowledge she could give anyone that is worth 25-300k for an hour of her time?
She is an absolutely horrible speaker too. Listening to her always drove me nuts because she would continuously say "Uhm" seemingly 4 to 5 times in every sentence. You would think someone in her position which required lots of public speaking would have someone help her get rid of that particular tick. Made her unlistenable to for me.
She is an absolutely horrible speaker too. Listening to her always drove me nuts because she would continuously say "Uhm" seemingly 4 to 5 times in every sentence. You would think someone in her position which required lots of public speaking would have someone help her get rid of that particular tick. Made her unlistenable to for me.
what knowledge she could give anyone that is worth 25-300k for an hour of her time?
My understanding is that it's essentially a bribe. These absurd speaking fees are just legal way of buying influence. What great wisdom do you think Bill or Hillary Clinton were doling out when they were getting paid $300k for an hour-long speech in front of some foreign company? What great wisdom was Hunter Biden—a known crack user with no knowledge of gas or energy, and who spoke no Russian or Ukrainian—providing Burisma with that justified paying him $50k a month? This is what influence peddling and corruption looks like.
It is definitely weird, hard to imagine it being an effective use of their capital unless it was earmarked as lobbying. Why do you need a speech or talk from Janet every 2-3 months? I have been reading her twitter lately too and its mostly just talk about how much money she is going to be printing when she gets back in office, it is disgusting.
MITI slowly climbing up to the .028ish area. Chart is looking great.
Their first round of $15 M in preferred share financing is scheduled to go through right after the New Year. I can't imagine they went ahead with the build out of the first telemed clinic like they are without knowing the money will be there.
First telemed clinic build out is looking great. Remember this management team did the same 12 years ago and sold their line of health clinics to CVS for $hundreds of millions. They have a track record.
Looks like it will be ready by maybe the end of Jan? If they can prove that they can build them around the USA as planned, align themselves with a company like Lennar and build in high end apartment buildings and housing complexes in wealthy areas of cities, and if they can be a telemed company to be reckoned with?
This is a mutli dollar stock.
Easily.
Last edited by Threeflight; 01-03-2021 at 04:09 PM.