Stock of the Day

  • Started 9 years ago
  • Last post 16 days ago
  • 645 Responses
  • drgs0

    Sinic Holdings today, Chinese property developer

  • grafician-3

    "Amazon Web Services Is Creating A New Organization To Combine Its Edge And Hybrid Cloud Computing Teams Into One - Insider

    $AMZN"

  • grafician-3
    • so last yearsted
    • so boring
      they buy/sell Apple and Microsoft stock meh
      grafician
  • fooler2

    A community of young investors on TikTok, including @ceowatchlist, @quicktrades and @irisapp, are using House Speaker Nancy Pelosi's stock trading disclosures as inspiration for where to invest themselves. One user called Pelosi the market's "biggest whale," while another called her the "queen of investing."

    https://www.npr.org/2021/09/21/1…

    • ^my post bellow was about this ;)grafician
    • yeah, I saw that but I just started following those tiktok feeds. I know nothing about stocks and trading but I might start what these rich people r doing.fooler
    • then don't do it just because the cool kids do it, it takes a while (a few years) to be consistent, otherwise you'll spill a lot of cash fucking aroundgrafician
    • start with:
      https://www.investop…
      https://www.tradingv…
      grafician
  • grafician-5

    The word from the man himself:

    "POWELL: NO ONE SHOULD ASSUME THE FED CAN FULLY PROTECT THE MARKETS OR THE ECONOMY IN THE EVENT OF A DEFAULT"

    fuck around and find out then

    • This isn’t news.monospaced
    • Yes it wasgrafician
    • No it isn’t. Everyone always knew this. It’s not news.monospaced
    • still the markets behave like the Fed can and will do it
      this is why we're in this messy situation these days, everybody assuming bailouts
      grafician
    • Why are you always talking about the US government? Just curious.monospaced
    • I also don’t see any messy situation where anyone is expecting a big US government bailout. What companies are acting like this?monospaced
  • sarahfailin1

    Fortunately Evergrande is the only severely indebted Chinese business.

    ...or at least it's the biggest one.

    ...right??

    O.o

    • The Chinese Gov. is actually forcing other national businesses to take on the debt of Evergrande - to "keep it in the family" in a way
      So expect more bleeding
      grafician
    • I would be more concerned about the US default in October than Chynagrafician
    • There won't be any default. It's all postering and politics, as always.formed
  • bainbridge0

    Bought $3000 of BED BATH & BEYOND INC stock last month, now I'm down 50%.

    Would have thought back to school could have been better.

    Should I hold?

    • Sell covered callsjohnny_wobble
    • First, stock doesn’t go up for back to school season. Also they aren’t a back to school store.monospaced
    • last year there were quite a few stocks whose price was affected by the fact that the school season did not started as expected. this view is more due to thatsted
    • hold.
      25-30 is critical price range.
      it was a risky but, live with it.
      sted
  • grafician-6

    "Amazon-backed EV maker Rivian discloses nearly $1 billion losses in IPO filing"

    Yup, as I said, primed for a juicy short

    • https://finance.yaho…grafician
    • I love everything about their truck except those damn headlights.fooler
    • those form a robot face somehow so the trucks seem friendlier?

      actually most electric cars do that
      grafician
    • But I wouldn't buy electric yet until they get at least better batteries for longer autonomy - think over 1000KM at least
      That's after 2030 easy
      grafician
    • ...then the stock will go sky highgrafician
    • Investing in electric is a guaranteed win though.monospaced
    • electric cars are solved now

      pretty sure the future money will be more in energy storage
      grafician
    • Still infancymonospaced
  • grafician-3

    So it begins...

    "Trading in Evergrande, Evergrande Property Services halted

    Shares of Chinese property developer Hopson also suspended

    Hopson to buy 51% stake in property services unit - Global Times

    Broader market nervousness returns, offshore yuan slips"

    https://www.reuters.com/business…

    Many Chinese companies halting trading in HK, the market is starting to crash it seems

    • Naked on my couch and waitingdrgs
    • "Nearly 25% of Chinese stocks have stopped trading"

      https://money.cnn.co…
      grafician
    • "While it's a top issue for China, few foreign investors have much exposure to these stock markets."grafician
    • ^Except the $20B in Evergrande hold by various Western sources
      (not to mention crypto entities, like Tether, etc)
      grafician
    • China won't crash, but they will more than happy to burn the fingers of foreign players.shapesalad
  • formed1

    Tesla up 16.45 on a down day! Woohoo!

    • And all the FAANG stocks went downgrafician
    • And Facebook particularly is actually down too, together with instagram and whatsappgrafician
  • grafician-4

    "LONDON, Oct 4 (Reuters) - The world's top commodity trading houses are being told by brokers and exchanges to deposit hundreds of millions of dollars in extra funds to cover their exposure to soaring gas prices, seven sources with direct knowledge of the matter told Reuters.'

  • grafician-5

    So the world is heading into the 4th and probably 5th wave and:

    "GLOBAL AIRLINES ESTIMATE $201B IN LOSSES OVER 2020-22 COVID YRS"

    A month ago somebody here said it was time to buy hahahahaaa

    • United is up 40% YoY, Delta 36%. Both below their 5 year average. Things might go down further but they are very very likely to keep going up long term.zarkonite
    • Cash on hand is very good, and they've shown their ability to trim cost aggressively during the pandemic. Do you know something the market doesn't?zarkonite
    • It’s hard to imagine a lower point. People can’t wait to travel again. I know from experience. Good time to buy.monospaced
    • Airline stock on sale. Sector made me 30-40% the last year.monospaced
    • sure the stock will raise right until the moment when they go into bankruptcygrafician
    • oh if you think they're going to go bankrupt that's a whole other playbook. I'm thinking worse case is some mergers and acquisitions.zarkonite
    • So you’re predicting that major airlines will post profits right up until they go bankrupt? Which ones and when?monospaced
    • Me? no, I think they're all going to be mad profitable until the next recession, I was just saying IF that's wrong then I don't see grafician's total collapsezarkonite
  • grafician-8

    "Charlie Bilello
    @charliebilello

    % Below High...
    Dow: -5%
    S&P: -6%
    Nasdaq: -8%
    Microsoft: -9%
    Google: -11%
    Apple: -12%
    Tesla: -12%
    Facebook: -15%
    Amazon: -16%
    Shopify: -22%
    Twitter: -28%
    Twilio: -33%
    Roku: -40%
    Spotify: -44%
    Peloton: -53%
    Zoom: -57%
    Alibaba: -57%
    Zillow: -59%
    Virgin Galactic: -64%
    Gamestop: -65%"

    https://twitter.com/charliebilel…

  • sted0

    "Perovskiting the World" :D

    fuck shape, your essential tech minerals are worthless compared to this :D ahahah

  • grafician-6

    "FINANCE: The wealthiest 10% of Americans now own 89% of stocks in the US"

  • _niko1

    Question for the stock geniuses on here from a dunce

    If I purchase shares in a company, and that company pays dividends it makes sense. Company profits, I own shares and I get a corresponding piece of that profit.

    But for companies that don't give dividends, why does my stock share have value or why does it fluctiuate?

    Is it strictly for buybacks? or takeovers?

    so if I bought shares for $1 and that company does well and now my shares are $100 and some company swoops in to purchase said company, they'd have to pay their shareholders $100/share (or more)

    which makes sense, but how about a company like apple who are valued so high that takeovers are impossible, what's the end game for investors other than trading it back and forth in perpetuity?

    • Stock prices fluctuate based on supply demand. The end game is to buy/sell in ways that you desire. Dividends are independent of stock price.monospaced
    • If a company buys another company, they don't pay shareholders for the shares they own.monospaced
    • The only way to profit from stock is to sell it at a profit. Dividends are cool, but typically not very significant.monospaced
    • I don't really understand dividends either. They're very low and I have them automatically reinvested into each stock to avoid being taxed.CyBrainX
    • Owning stock in a company just means you own a portion of that company. That's it.nb
    • A dividend is simply when a company decides to distribute some of it's earnings to owners (shareholders) rather than re-investing it back in the companynb
    • *itsnb
    • Ok wait so a company issues stock for cash, they use that cash and the company grows, it makes sense then that if the stock price increases then they_niko
  • grafician-2

    $DWAC up 316%

    • 400% nowgrafician
    • 640%grafician
    • $99sted
    • epic bulltrapsted
    • Never heard of this company. Sounds made up :)monospaced
    • as usual mono has no clue about what's going on...grafician
    • I literally said I've never heard of them.monospaced
    • And as usual, you're a condescending cunt, and will earn those downvotes accordingly to how far up your own ass you are. Enjoy, and it isn't just me.monospaced
  • _niko2

    Just wanted to continue my thread from a couple of posts up and thank nb and mono for their input.

    Imagine being on Dragon's den or Shark tank and you pitch to the investors. They love your idea and are willing to give you a ton of cash for a portion of your business. Company makes money, dragons make their proportionate cut, everyone happy.

    Now imagine if instead you say "instead of giving you a direct piece of the company, I'll issue you shares. now these shares won't give you dividends or any profit sharing and I never have to buy back those shares but hey, you can trade them amongst your dragon friends or your buddies"

    They would laugh you off stage no? But isn't this how the stock market works?

    • what market do you belong to? i bet they'd take your stock off if you were a publically traded company.hotroddy
    • Well what you describe is kind of like what they offer on shark tank, except they aren’t publicly traded companiesnb
    • So, no, they wouldn’t laugh you off the stagenb
    • Also Shark Tank is a TV show and does not represent realitynb
    • Yeah for sure just using it as a simplified analogy obvious public companies are not shark tank but it seems that they raise funds but offer nothing in return_niko
    • Its funny is that I run with the director of the securities and exchange commission 3 days a week yet here I am on a design forum taking shit from hotroddy lol_niko
    • I’m pretty sure when I ask him he’ll pull me aside and say “mate, it’s just a big Ponzi scheme” :)_niko
    • @_niko i think you must first meet certain conditions before you can think about getting listed + that's why shares have classes.sted
  • grafician-1

    "BUSINESS: Car rental firm Hertz has ordered 100,000 Tesla vehicles"

    • BUSINESSnb
    • didn't they just come out of bankruptcy after being bled? tesla seems an odd choice for hire given the issues with servicingkingsteven
  • grafician-3

    $NVDA

    was up over 8%