Society Corona - Stock Market thinktank
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Up 13% today.
Beat estimates. And outperformed Nike on percentage growth in shoe sales.
DraftKings (DKNG) getting HAMMERED today.
Down 21%
They beat estimates, but reported a loss. They spend a shitload in advertising, but they should see a windfall of money as more and more states legalize gambling and their sportsbook can be used by customers who already have the app on their phone.
The only question is how much of that market do they grab?
52 week low- $9.77
52 week high- $47.42
Current: $12.46
Looking at historical data, it *should* recover to around the $15 level next week, but I think the stock stays mostly stagnant until Q1/Q2 2023.
Down 21%
They beat estimates, but reported a loss. They spend a shitload in advertising, but they should see a windfall of money as more and more states legalize gambling and their sportsbook can be used by customers who already have the app on their phone.
The only question is how much of that market do they grab?
52 week low- $9.77
52 week high- $47.42
Current: $12.46
Looking at historical data, it *should* recover to around the $15 level next week, but I think the stock stays mostly stagnant until Q1/Q2 2023.
Down 27% now. Makes me want to load up.
Very tempting.
It's pretty close to its IPO from 2019.
Amazon sell off the past year:
Walmart selloff past year:
Reminds me a lot of when all the top CEOs of various companies started resigning right before Covid hit .....
AMZN - Amazon Com Inc - SEC Form 4 Insider Trading Screener - OpenInsider
Insider trades for Amazon Com Inc (AMZN). Monitor SEC Form 4 Insider Trading Filings for Insider Buying and Selling. Real-time Insider Trading Stock Screener. Long and Short Trading Ideas using Insider Transaction Data.
www.openinsider.com
Walmart selloff past year:
WMT - Walmart Inc. - SEC Form 4 Insider Trading Screener - OpenInsider
Insider trades for Walmart Inc. (WMT). Monitor SEC Form 4 Insider Trading Filings for Insider Buying and Selling. Real-time Insider Trading Stock Screener. Long and Short Trading Ideas using Insider Transaction Data.
www.openinsider.com
Reminds me a lot of when all the top CEOs of various companies started resigning right before Covid hit .....
DWAC now up 60%.
67%
That's a hell of a day.
And if what we all assume is going to happen actually happens tomorrow - the giant red wave - I wouldn't be shocked if we see another 20% tomorrow.
All planned ...
Amazon founder Jeff Bezos warns a recession is looming - and Americans should 'prepare for the worst'
Bezos advised consumers and businesses to delay unnecessary purchases and build their cash reserves in case economic conditions worsen.
markets.businessinsider.com
Target (TGT) getting smoked in premarket trading. Down 15%
Closed yesterday at $179
Looking to open today around $150
They didn't raise prices at the same pace as their costs increased and saw a 52% drop in profitability. Their sales went up but they made less money.
A good lesson for the "WE'RE BEING GOUGED!!!" crowd.
They will lose about $12 billion in value this morning.
It was a $90 stock pre-Covid.
I'm not touching it unless it gets to around the $100 level. It is a dividend stock.
Closed yesterday at $179
Looking to open today around $150
They didn't raise prices at the same pace as their costs increased and saw a 52% drop in profitability. Their sales went up but they made less money.
A good lesson for the "WE'RE BEING GOUGED!!!" crowd.
They will lose about $12 billion in value this morning.
It was a $90 stock pre-Covid.
I'm not touching it unless it gets to around the $100 level. It is a dividend stock.
They also reported a 50% year-over-year jump in theft. That's had a $400,000,000 negative impact on their operating margin SO FAR this year.
Biden's America, folks.
Not a stock that's been on my radar.
Good company - but during the Covid collapse they were below $10.
Then it shot up to $180 (after a previous high of $42)
Then fell to $50.
Now, as you said, it's working it's way back up to $100
Decent year over year sales growth - but my guess is they are one estimate miss from falling back to the $70 range. That's where I might start looking at an entry.
401k has been sitting in short term bonds for a year. Up like 0.9% during that time. Guess I'll leave it there for another 2 yrs while this clown is "in office".Owning stocks right now is like...
AMC - the Reddit-backed stock that surged from under $2/share to over $70 is back down to below $5
There is talk of converting APE (AMC preferred equity) to common shares, and also a dreaded reverse split.
This all screams the company is in financial trouble.
There is talk of converting APE (AMC preferred equity) to common shares, and also a dreaded reverse split.
This all screams the company is in financial trouble.
