Society Corona - Stock Market thinktank

[Hauler]

I'm waiting for battery day so I can get a tesla boner.

I love that there's another electric motor company out there named Nikola.

I have my buy trigger at $20 for that one.

 

[ThatOneDude]

I love that there's another electric motor company out there named Nikola.

I have my buy trigger at $20 for that one.

They asked their current CEO to leave

 

[Hauler]

They asked their current CEO to leave

And he did.
So they get the double whammy of a horrible stock day and bad news. Not sure it it will hit $20 or not, but if it does I'm in.

I originally set it at $25 but pulled it when all the futures were red this morning.

 

[Hauler]

All futures in the green. Gonna be a good day.

But...

If Biden does well tomorrow I'm probably exiting the market completely. If the GOP maintains control in the Senate I'll buy back in a little, but if it's Biden and a Dem-controlled Senate - I'm out for 4 years, unless there is a huge drop where buying opportunities are everywhere.

Biden & Dem-controlled Senate = zero growth.

 

[ThatOneDude]

The effect the debates have on the markets will be interesting to watch for sure.

 

[Shinkicker]

PENN over $72

I'm up 715% on that one. LMAO.

What's that?

 

[Hauler]

What's that?

PENN National Gaming.
Casino w/ online sports betting. Owned by the same folks who own Barstool (sports radio) so tons of exposure to their desired demographic.

I'm not suggesting to buy in at these levels - it's already had a hell of a run so there's no telling what it will do from here. But when it was sub $5 it was a no-brainer. Closed at $74.07 today.

 

[Hauler]

Lumber market finally hit the top. Now the question is how fast and how far it falls. Still at record levels, so mills should still be making bank.

RFP has Q3 earnings on Oct 29.

I don't know how they don't crush previous quarters. July, August & September were all well above typical lumber pricing. Historic levels.

Sitting at $5 right now, which was at the lower range of my target when I bought in.

But I'm greedy. Let it ride!
Get this bitch to $10!

 

[Hauler]

XOM looks like a pretty good buy right now.
$34.05

Pretty close to the Covid low.
Yield is 10.55%
LOL.

I already own some @ $41 - so it's one of my few Covid losers.

Probably gonna average down a bit at some point.
Hurricane coming. Gonna watch that price.

 

[Hauler]

The fuck just happened? Market just dropped $500

Pelosi being an impossible bitch again?

 

[SuperPig]

The fuck just happened? Market just dropped $500

Pelosi being an impossible bitch again?

This one was all Trump.

 

[Rambo John J]

The fuck just happened? Market just dropped $500

Pelosi being an impossible bitch again?

Fuck Bailouts and stimulus

Lets open this motherfucker all the way back up

 

[ThatOneDude]

Fuck Bailouts and stimulus

Lets open this motherfucker all the way back up

If the government shut down businesses, people should be compensated by being given our money back.

 

[Rambo John J]

If the government shut down businesses, people should be compensated by being given our money back.

States shut states down

1200 bucks was just hush money

I am fine with more stimulus...but not if it involves bailing out these states that are locking down for no reason and self sabotaging themselves by going further in debt...2.4 billion for these states is stupid

The last stimulus package actually cost each citizen around 30,000+ in the long term and they got 1200 back lol

Yay inflation/hyperinflation here we come regardless

So I say open it back up baby

 

[ThatOneDude]

States shut states down

1200 bucks was just hush money

I am fine with more stimulus...but not if it involves bailing out these states that are locking down for no reason and self sabotaging themselves by going further in debt...2.4 billion for these states is stupid

The last stimulus package actually cost each citizen around 30,000+ in the long term and they got 1200 back lol

Yay inflation/hyperinflation here we come regardless

So I say open it back up baby

Source for stimulus cost?

 

[Rambo John J]

Source for stimulus cost?

That money that bailed out all the banks/airlines/etc... ends up coming out of our pockets because we pay the bills/taxes.

Kicked the can down the road.

Don't have a source for the previous stimulus cost to citizens but that is common sense...
Here is the new stimulus bill proposed...political shitshow as usual

View: https://twitter.com/realdonaldtrump/status/1313551794623127552?s=21


I completely agree with you the people who can't work are getting fucked right now...although some won't work and are enjoying unemployment and stimulus.

We are creating a massive welfare state right now and that isn't a good thing for the future of the country.

I can't speak for all states but the west coast is a mess and millions are milking the system in various ways...milking it Haaard.

What a freakin mess lol

Sorry for shitting up stock thread fellas...I'm out

50 pieces of silver

 

[ThatOneDude]

That money that bailed out all the banks/airlines/etc... ends up coming out of our pockets because we pay the bills/taxes.

Kicked the can down the road.

Don't have a source for the previous stimulus cost to citizens but that is common sense...
Here is the new stimulus bill proposed...political shitshow as usual

View: https://twitter.com/realdonaldtrump/status/1313551794623127552?s=21


I completely agree with you the people who can't work are getting fucked right now...although some won't work and are enjoying unemployment and stimulus.

We are creating a massive welfare state right now and that isn't a good thing for the future of the country.

I can't speak for all states but the west coast is a mess and millions are milking the system in various ways...milking it Haaard.

What a freakin mess lol

Sorry for shitting up stock thread fellas...I'm out

50 pieces of silver

I know where the stimulus went, I was curious where you got that very exact number from.... So basically no where?

 

[Rambo John J]

I know where the stimulus went, I was curious where you got that very exact number from.... So basically no where?

I read a source(what your bias website would say about the source I dunno)
I just don't have access to the source at this time because it was many months ago

Besides I think it is a basic math question for the most part

Surely you will agree we bailed out big business and Corporations with most of the money and small business and individual citizens got bread crumbs

Fucking mess homeboy

 

[ThatOneDude]

I read a source(what your bias website would say about the source I dunno)
I just don't have access to the source at this time because it was many months ago

Besides I think it is a basic math question for the most part

Surely you will agree we bailed out big business and Corporations with most of the money and small business and individual citizens got bread crumbs

Fucking mess homeboy

Has anyone denied that? What was the source?

 

[Rambo John J]

Has anyone denied that? What was the source?

haha
source nazi

I told you I read it months back...I didn't bookmark it and am not even searching for it anyways

Go fishing big man...go fishing

 

[ThatOneDude]

haha
source nazi

I told you I read it months back...I didn't bookmark it and am not even searching for it anyways

Go fishing big man...go fishing

I think asking for a source from you, considering the blatant disinformation you've posted in the past, is fair.

 

[Hauler]

This one was all Trump.

Yeah. I found out when I got to a comp.

It was his decision to kick it down the road, but he wants stimulus for the people. It sounds like she's trying to get a bunch of riders on there.

Probably an "I'm tired of dealing with this bitch" type thing.

 

[SuperPig]

Novavax: CMI Data De-risks NanoFlu Program and Shows Breadth of Immune Activity, Says Analyst

Novavax (NVAX) is back in the news again, only this time, it’s not because of its COVID-19 vaccine candidate. During the 2020 World Vaccine Congress Washington last week, the vaccine maker presented data from the Phase 3 respiratory syncytial virus (RSV) and NanoFlu programs, with the latter...

finance.yahoo.com

This is actually what made me pick NVAX instead of the others when I was throwing darts at a board to see which Covid vaccine company I was picking.

 

[Hauler]

Lumber market is still on fire.

Mills are making BANK right now and they are firmly in control of the market, which has printed up 17 weeks in a row.

A carload that was $46k in April is now getting $86.5k

RFP just had an earnings report where they had a double beat, but that would have covered Q2 sales. This shit didn't really kick in for Canadian wood until June, so their Q3 results should be 3 months of killing it through July, August and September - assuming this run continues.

When I bought in at around $1.50 I had $5 as a target. I'm still there, but I'd love to see it go higher.

Note - i did already sell off my initial investment when I went up 100%. House money from here on out so it doesn't feel as risky for me to wait and see what happens.

But who fucking knows what it will do? It's basically gambling.

Good luck!

Still sitting north of $5

Earnings in 17 days.

 

[Hauler]

AMC getting SMOKED today. Down 15% to $3 - close to its Covid collapse level where it rebounded to $6+ for an easy double-up.

Added to watchlist. It should eventually return to $15 for a nice 500% gain.

Unless you believe people wil NEVER go to movies again.