Society Corona - Stock Market thinktank

Welcome to our Community
Wanting to join the rest of our members? Feel free to Sign Up today.
Sign up

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
45,412
57,814
I'm down 4% today. Painful.

RFP got smoked. Down 12%
No reason that I see. Still up 20% for the week, so maybe people just taking profit on a down day. It's been running like crazy.
 

IschKabibble

TMMAC Addict
First 100
Jan 15, 2015
15,829
21,573
Don’t worry, I’m still holding !
Untitled.png

Good movement today with no annoucments. Acutally surprised considering Chuck Schumer just said cannabis banking law would have to wait until federal legalization. When Leslie starts making announcements we're gonna make some money. If that video was too boring to sit through, at least watch this timestamped part of the Q&A...


View: https://youtu.be/YzQUqaMvMOk?t=1619
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
45,412
57,814
last I checked a couple weeks ago construction Lumber was $1100/1000 board feet which is ridiculous
I just got quoted $2800/m for a car of 3/4" T&G osb

That equates to $89.60 / sheet

I didn't buy it, but at the retail level we'll be approaching $100 a sheet if the mills keep this shit up.
 

gangsterkathryn

저승사자
Oct 20, 2015
17,319
20,573

SoupCan

how bout dat
First 100
Jan 18, 2015
2,660
3,193
I just got quoted $2800/m for a car of 3/4" T&G osb

That equates to $89.60 / sheet

I didn't buy it, but at the retail level we'll be approaching $100 a sheet if the mills keep this shit up.
Yeah I talked to a contractor friend of mine he is paying 93$ for a 7/8" sheet of OSB, they are trying to say some of the additional cost is coming from a glue shortage
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
45,412
57,814
Netflix (NFLX) down about $100 from its 52 week high. Getting hammered because it had the smallest quarterly subscription growth in 4 years.

1 year ago in Q1 they added 16 million subscribers.
This quarter they added 4 million

For their Q2 projection, they set the bar at only 1 million added subscribers.

More streaming options and a custumer base that is no longer in lockdown is to blame, and Wall Street likes continual quarterly growth - any step backwards will get you hammered.

Current price is $509. Down 7% today.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
45,412
57,814
Yeah I talked to a contractor friend of mine he is paying 93$ for a 7/8" sheet of OSB, they are trying to say some of the additional cost is coming from a glue shortage
The resin shortage is widespread and is effecting all sorts of products. Some OSB (not commodity), vinyl windows, i-joist, LVL. It's a clusterfuck.
 

gangsterkathryn

저승사자
Oct 20, 2015
17,319
20,573
Netflix (NFLX) down about $100 from its 52 week high. Getting hammered because it had the smallest quarterly subscription growth in 4 years.

1 year ago in Q1 they added 16 million subscribers.
This quarter they added 4 million

For their Q2 projection, they set the bar at only 1 million added subscribers.

More streaming options and a custumer base that is no longer in lockdown is to blame, and Wall Street likes continual quarterly growth - any step backwards will get you hammered.

Current price is $509. Down 7% today.
They also raised their fees in Q1.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
45,412
57,814
RFP has earnings on the 29th.

In the past that's meant a buying opportunity because the price has dipped after earnings despite crushing historical numbers. In Wall Street it's more about beating projections than it is about being profitable.

Trading at $16.37 right now

Either way, it looks like this thing is headed right through $17

BN-QF181_COUNT1_P_20161011155551.jpg
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
45,412
57,814
Check out performance right after earnings. Despite crushing it, the price has pulled back the last 4 times after earnings - then quickly rebounding.

Screenshot_20210427-151401_Webull.jpg

The lumber market continues to break records with each passing day. Mills are only holding quotes for the length of a single phone call. Call them back to order the same load and it might cost you $1000 more.

It has passed the point of insane and stupid - we have reached unfathomable numbers.

In April 2019 my landed cost on a 2x4x12' SPF board from Canada was $2.82

Today it is $11.34
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,272
Check out performance right after earnings. Despite crushing it, the price has pulled back the last 4 times after earnings - then quickly rebounding.

View attachment 34469

The lumber market continues to break records with each passing day. Mills are only holding quotes for the length of a single phone call. Call them back to order the same load and it might cost you $1000 more.

It has passed the point of insane and stupid - we have reached unfathomable numbers.

In April 2019 my landed cost on a 2x4x12' SPF board from Canada was $2.82

Today it is $11.34
Yea, we looked at building and then quickly decided now wasn't the time.