High Roller Casino
Stern, 2001Quoted from Lounge:HEXO reports earnings Thurs AM before open. Should be a nice pop.
Almost everything I read expects 20% drop in price to 6ish post earnings. Its already on the way down having lost 3% in pre market. I think HEXO is a good long term hold, and if it dips to $6 I'm a buyer. Im just not as confident at this current price.
Quoted from robertmee:Almost everything I read expects 20% drop in price to 6ish post earnings. Its already on the way down having lost 3% in pre market. I think HEXO is a good long term hold, and if it dips to $6 I'm a buyer. Im just not as confident at this current price.
We’ll see. The CAGR on these MJ plays is ridiculous. I’ve been long for some time now.
Anyone have any thoughts on this?
https://cryptobriefing.com/coinbase-registers-115-million-coin-shares-8-2-per-share/
Quoted from Lounge:We’ll see. The CAGR on these MJ plays is ridiculous. I’ve been long for some time now.
I wish I had got in at the $3 level....definitely a nice stock to be in. I'm just nervous jumping in pre earnings when everything recently seems to tank on ER, good or bad. Earnings is projected to be a loss, albeit a modest one compared to last quarter. Couple that with the 2pm fed report, im just going to have to bide my time. Good luck, I hope it skies!
Quoted from pinlink:Buying more TDOC
I bought 100 this morning too, and sold a covered call on it. I've only traded TDOC once before, a couple months back.
Quoted from robertmee:Almost everything I read expects 20% drop in price to 6ish post earnings. Its already on the way down having lost 3% in pre market. I think HEXO is a good long term hold, and if it dips to $6 I'm a buyer. Im just not as confident at this current price.
Don't forget the current price is pre-reverse split. Unlike the other big players that haven't split from the 2019 highs. So really it is trading around $2ish right now pre-split. Think it was 4: 1.
Still think it's a smart buy after the downgrade and Amazon progress in this field?
Quoted from loneacer:I bought 100 this morning too, and sold a covered call on it. I've only traded TDOC once before, a couple months back.
Quoted from DadofTwins:Still think it's a smart buy after the downgrade and Amazon progress in this field?
I don't know that the Amazon news will affect them much. Personally I've never been a fan of TDOC and don't believe they'll have nearly this high of a valuation in the future, but I was buying it for a 1-2 week trade.
It's up $3 from where I bought it, but I expected a bigger bounce. I might close it before the Fed meeting results in 90 minutes.
Should have sold UEC in after market last night it was up huge. Today it is coming back to earth down 8.67% - Still up 40%+ in a week
Edit: just put in an order to double my position and buy on the dip.
Quoted from WeirPinball:Interesting - gold is suddenly spiking
Everything is spiking after the fed report.
Quoted from Monk:Everything is spiking after the fed report.
No doubt - my screen just turned mostly green in a matter of minutes
Quoted from WeirPinball:No doubt - my screen just turned mostly green in a matter of minutes
Yep fairly dovish Fed release. Now it depends on what Powell says.
Barring any misconstrued statements in the press briefing coming up I can’t see how Powell can say anything other than they are sticking to the same plan
Huge uncertainly over rising oil prices this summer
The uncertainty over what the massive tax hike bill will look like in the fall and its impact on the economy.
Plus the fact that we are still at real unemployment of 10%!!!
Quoted from WeirPinball:Be interesting if he throws out anything about yield curve manipulation - that would be a bonus.
So you prefer a tightly controlled Market VS a Free Market?
Quoted from phil-lee:So you prefer a tightly controlled Market VS a Free Market?
I prefer a run up in precious metals which should happen if they cap the yield
Quoted from WeirPinball:Interesting - gold is suddenly spiking
We all should be watching this.....now tell the younguns why would gold be going up....
Quoted from kvan99:We all should be watching this.....now tell the younguns why would gold be going up....
Looks like a jump in “scarce assets” across the board.
Quoted from kvan99:We all should be watching this.....now tell the younguns why would gold be going up....
Gold has been on a big downward trend since it's peak last August 6th with occasional spikes up. It's larger trend is dropping and looks like it has a long way to fall still if you follow it's larger cycle. I bet it will continue to drop towards a bottom of around $1200 an ounce. I've never understood gold bugs, the market will make you so much more money, invest in miners, not gold itself.
Quoted from WeirPinball:I prefer a run up in precious metals which should happen if they cap the yield
That will happen soon enough, better to keep prices lower to facilitate further stacking.
Unless you already have plenty you wish to liquidate.
Quoted from robertmee:I've been holding CNSP for a long while. It's gone crazy after market. Did I miss some news?
I sold 175 shares at 2.80 like two hours ago. I am seriously the worst stock trader in history. I’m tapping out!!! Hahahaha. If I had waited a mere 60 minutes I would have been way better off. Uuuughhhh
Quoted from phil-lee:That will happen soon enough, better to keep prices lower to facilitate further stacking.
Unless you already have plenty you wish to liquidate.
Metals I'll be keeping, miners I can sell
Quoted from Dkjimbo:I sold 175 shares at 2.80 like two hours ago. I am seriously the worst stock trader in history. I’m tapping out!!! Hahahaha. If I had waited a mere 60 minutes I would have been way better off. Uuuughhhh
I bought 3 ARK funds at exactly the top - they are still 14% down at this point. That is what I hate, a plunge right after you buy
Quoted from Dkjimbo:I sold 175 shares at 2.80 like two hours ago. I am seriously the worst stock trader in history. I’m tapping out!!! Hahahaha. If I had waited a mere 60 minutes I would have been way better off. Uuuughhhh
That is usually my luck. Glad to hear I am not alone. lol
Quoted from WeirPinball:I bought 3 ARK funds at exactly the top - they are still 14% down at this point. That is what I hate, a plunge right after you buy
I did too, but I kept buying them on the dips and now I'm back up 
Quoted from Dkjimbo:I sold 175 shares at 2.80 like two hours ago. I am seriously the worst stock trader in history. I’m tapping out!!! Hahahaha. If I had waited a mere 60 minutes I would have been way better off. Uuuughhhh
I've got a 1000 shares. It'll probably drop 30% in pre-market tomorrow, so don't feel bad. Like I always say, any profit is good profit. Can't go chasing the top.
Really good analysis about SABR and 2 other travel stocks that just came out.
https://seekingalpha.com/article/4414642-travel-recovery-stocks-set-to-soar
If you trust Morgan Stanley, they just downgraded SABR and put a $18 target on it.....
Quoted from DBLM:Really good analysis about SABR and 2 other travel stocks that just came out.
https://seekingalpha.com/article/4414642-travel-recovery-stocks-set-to-soar
I wondered the same thing. I sold mine @ $3.66/share. Last time it shot over $4.00/share I held on instead of cashing in. Wasn't making that mistake again. I can rebuy on the dip
Quoted from robertmee:I've been holding CNSP for a long while. It's gone crazy after market. Did I miss some news?
Quoted from DadofTwins:If you trust Morgan Stanley, they just downgraded SABR and put a $18 target on it.....
No need for “...”. You need to dig deeper. They downgraded to equal weight (which means it should not be and outsized portion of your portfolio)and raised the price target 4 bucks to 18. This is not a negative and is actually in line with things. I am bullish on it.
“With shares up more than 50% in the past three months, Morgan Stanley downgrades travel tech company Sabre (NASDAQ:SABR) from Overweight to Equal-Weight but adds $4 to the price target for $18.”
Quoted from DBLM:No need for “...”. You need to dig deeper. They downgraded to equal weight (which means it should not be and outsized portion of your portfolio)and raised the price target 4 bucks to 18. This is not a negative and is actually in line with things. I am bullish on it.
“With shares up more than 50% in the past three months, Morgan Stanley downgrades travel tech company Sabre (NASDAQ:SABR) from Overweight to Equal-Weight but adds $4 to the price target for $18.”
That's not much upside - only a buck per share from here.
Quoted from WeirPinball:That's not much upside - only a buck per share from here.
I think it is going higher and have my money where my mouth is with 7,500 or so shares. I am personally looking 20-22. Considering Saber runs all of the booking systems for everything, they are going to be an early beneficiary of the reopening trade. Wish I found it sooner and bought even more when I started buying at 11.
For those with lots of experience here, will the Dow or the S&P do better when things start going back to normal?
I got investments in a couple of Funds that invest in the Dow and the S&P respectively and wanted to move my money to the Fund that’s going to do better when things go back to normal.
Quoted from KornFreak28:I want to be like you someday....
Hey @kornfreak28, you are doing fine. It's like Ice said the other day, the power of compounding is real. Just keep doing what you are doing and learn. You will be just fine.
Plus, I want to be like Ice when I grow up!
Quoted from DBLM:Hey KornFreak28, you are doing fine. It's like Ice said the other day, the power of compounding is real. Just keep doing what you are doing and learn. You will be just fine.
Plus, I want to be like Ice when I grow up!
Thanks for the encouraging words brother!
Quoted from DBLM:No need
100% AGREE! As long as your are proactive in creating wealth for yourself, you are much better off then a large percentage of the population. We all come from different walks of life, but we can change our futures by investing.Hey KornFreak28, you are doing fine. It's like Ice said the other day, the power of compounding is real. Just keep doing what you are doing and learn. You will be just fine.
Plus, I want to be like Ice when I grow up!
Quoted from nwpinball:Gold has been on a big downward trend since it's peak last August 6th with occasional spikes up. It's larger trend is dropping and looks like it has a long way to fall still if you follow it's larger cycle. I bet it will continue to drop towards a bottom of around $1200 an ounce. I've never understood gold bugs, the market will make you so much more money, invest in miners, not gold itself.
Yes, we can attribute the spike last year to covid, but even when you take the spike out of the chart and look at either 2 yr or 3 yr chart....it's been a steady rise. I don't trade it but I look at it because the whales use it as a hedge. The recent spike looks very unnatural, almost as if they're doing some massive inflation hedge.
Quoted from robertmee:I've got a 1000 shares. It'll probably drop 30% in pre-market tomorrow, so don't feel bad. Like I always say, any profit is good profit. Can't go chasing the top.
Boy did I call that...back down to 2.80's pre-market.
Quoted from robertmee:Almost everything I read expects 20% drop in price to 6ish post earnings. Its already on the way down having lost 3% in pre market. I think HEXO is a good long term hold, and if it dips to $6 I'm a buyer. Im just not as confident at this current price.
Looks like decent earnings, stock up 10% pre-market.
Achieved positive adjusted EBITDA, along with the seventh consecutive quarter of adjusted EBITDA improvement.
Total net revenue increased to $32.8M, up 94% from the prior year quarter (“2Q20”) and 12% from the first quarter of fiscal 2021 ended October 31, 2021 (“1Q21”).
Non-beverage Canadian adult-use revenue increased by 72% from 2Q20
Adult-use net revenue increased by 10.5% in 2Q21, marking the fifth consecutive quarter of growth.
Maintained number one position for market share in Quebec while increasing adult-use net revenues in the rest of Canada to 49% of the Company’s sales composition, up from 44% in 1Q21.
Gross revenues for the UP Cannabis brand increased to $3.2M, representing 8% of total adult-use, non-beverage gross revenue in 2Q21 vs under 1% in 1Q21 due to the successful relaunch of the UP brand in late 1Q21.
Brand mix, including the UP Cannabis brand, boosted non-beverage adult-use gross margin to 37%, up from 36% in 1Q21.
Maintained the number one position in the beverage category with net revenue increasing 11% over 1Q21.
Quoted from pinballjah:Looks like decent earnings, stock up 10% pre-market.
Achieved positive adjusted EBITDA, along with the seventh consecutive quarter of adjusted EBITDA improvement.
Total net revenue increased to $32.8M, up 94% from the prior year quarter (“2Q20”) and 12% from the first quarter of fiscal 2021 ended October 31, 2021 (“1Q21”).
Non-beverage Canadian adult-use revenue increased by 72% from 2Q20
Adult-use net revenue increased by 10.5% in 2Q21, marking the fifth consecutive quarter of growth.
Maintained number one position for market share in Quebec while increasing adult-use net revenues in the rest of Canada to 49% of the Company’s sales composition, up from 44% in 1Q21.
Gross revenues for the UP Cannabis brand increased to $3.2M, representing 8% of total adult-use, non-beverage gross revenue in 2Q21 vs under 1% in 1Q21 due to the successful relaunch of the UP brand in late 1Q21.
Brand mix, including the UP Cannabis brand, boosted non-beverage adult-use gross margin to 37%, up from 36% in 1Q21.
Maintained the number one position in the beverage category with net revenue increasing 11% over 1Q21.
Awesome....glad it worked out for you!
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