nailed it, RKT up 14% just today.

I could be wrong but this time it sort of feels like MAC is just getting started on an upward trend despite going up over the last three weeks. Re-openings are happening and people are itching to get out more.
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The Million Dollar Man is spot on in his assessment. I have done very well with WWE in the past.

In for 375 shares.

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Might not do much but I think wwe is pretty safe right now as it won’t go any lower imho.

Could bump 10% or so with touring.

Long term the sale could happen.

If I had $50 for every time I heard that.....

LOL. Hadn't even looked at AMC the last few days...66?? I sold at 20 lol...crazy.

It would be awesome if Louis Rukeyser and Paul Kangas were still alive and well. I would love to see them report on the idiotic valuations of AMC, GME and of course TSLA and the antics of the cult leader.

I sold at $7...after buying at $19!! lol

Another +7.64% jump on OIH today.

Now that is just f ing peanuts in the world of investing today. If you aren’t making 100% a day in AMC, GME and other meme’s then you ain’t shit.

Wtf. Lol

I sold at $35. I’m ok with that. Yes it popped today but it could have easily dropped to 20 as well.

Sold my xom this morning for some nice gains, put it all into OIH and XOP about 15 minutes after the market opened for more stellar gains! I also bought a single share of AMC at around $29 just to be a part of the madness.

The amc share was bought yesterday.

WKHS, CLOV, BLNK, and TTCF are good swing trades with high short interest. Can’t wait for the opening bell to grab a few calls!

POSH is also ready

To buy or sell?

AI

Its fun being both right and wrong about a stock. Right that earnings were gonna hurt, wrong that it would have a huge run up into earnings.

Been fun to watch though.

The time to buy POSH was a couple weeks ago on the day they announced the partnership with SNAP. It's gone from $35 to $51 since then. I dumped my remaining shares yesterday. Battled that one since the day after it IPO'd. I made probably 50 trades in it. Overall I lost $7700 on shares, but made $8100 on options. Nice to be done with it and get a "win".

AMC ought to be interesting today with their instant new share issue news.

Could this be a new form of market manipulation?

Didn't they do that the last time it went up?

This new one is an "at the market" offering. They can dump shares on retail investors any time they want during the day. In theory, that should limit upside.

It's not manipulation at all, it's very smart on AMC's part
Their business has been significantly impacted by the virus and the stock is up way too high right now
Makes 100% sense to sell shares at this absurd valuation and raise more cash. Very smart move.

Agreed. They have a huge debt burden and it would be fiscal malfeasance to not take advantage of this opportunity.

I mean, they were a nose hair away from bankruptcy 6 months ago or so. Diluting shareholders to keep the company afloat is a viable solution.

Sucks for the apes though.

To buy but it looks like they are slamming everything atm

Any guesstimates on how far WKHS is gonna run?

Everything is a manipulation! Lol. It's a decent tool to use to raise money. I think it works best if your company is capable of making money and using money efficiently. AMC doesn't fit that criteria for me.

Note: I'm an idiot who has no money, don't listen to me unless you hate money. Not financial advice

It does have high short interest but who knows with all the manipulation

My AMC puts are slowly but surely starting to pay off

Been a while but back in the green with CCIV!

Reddit or Stocktwits is probably your best bet. The fundamentals are non existent so I can not give an educated guess.

For the chump changer crowd F and GM up another 5% today.

I think you did ok @djreddog. The tape on AMC is bowling shoe ugly this AM. Hope you took your gains and bought a case of Smoke Wagon.

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I agree with everything you mentioned. I have never heard of a filing to immediately issue and sell additional shares later the same day. Unless it is Treasury Stock shares.

You can file and just have it on the shelf to use when you want. A few REITs I have been following have an ATM shelf offering always on file, but they tend to use that cash to buy property.

Now AMC is positive! WTF? This is the craziest stuff. People are riding the lightning...I hope they know what they are doing.

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Company announces they will sell a boatload of shares, stock tanks. Few hours later Company announces they have completed sale of boatload of shares, stock moons.

Meanwhile I haven’t even finished my popcorn from yesterday. Maybe I should change my handle to Turtle.

Psth = Universal Music Group?

Down 11% after hours

That is pretty much the opposite of Stripe.

That dude kpg was pimping this hard last year but have not seen him around here in months. Wonder what his thoughts are on this.

Mind if I have some? I might buy some AMC after it tanks again

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F is single handedly making me money right now...sad.

I also sold at $7 with an average of $14.

dumped mine just under 33 - had a gut feeling on that one. haven't looked at the price until now - holy crap!

Who knows what will happen with PSTH. Universal Music is a big deal but nothing like Stripe or the like. I would have to think that people are looking at this as a let down. The SPAC was for 20/share, so let’s see what happens.

I like the target, I hate how much it looks like he paid for it.

Might be way off base but, it feels like it’s a value play at a growth price. In 2021, “growth price” has not been something you want to pin to yourself.

I’m sure Bill will be fine though.

Fwiw, talked to a client whose company is implementing Snowflake right now and says it’s unreal and could own the future of AI machine learning.

Motley Advisor started UPST today, the lending disruptive company for small and medium size banks

Not sure I like their revenue model but they get the majority of their revenues from Intuit and another credit company on loan decisions based on hundreds of machine learning consumer data points

Not sure where or if the recurring revenue model is possible but they have a huge market opportunity regardless

They have already popped big post IPO and since we bought it in small quantity around $120. Wait for a pullback?

Hey Ice,

Keep in mind Snowflake is a data warehouse, not an AI engine. What it does, it does incredibly well. You will run AI algorithms on the Snowflake data. They are complimentary, but completely separate things.

I’m trying to understand all that and who the f ing winners are going to be.

What about Unity in the 3D rendering arena?

Who has the dominant AI engines?

My client says they run AI algos on Snow data in 30 minutes versus what would take 30 days before

And he says Data Robot, which is not public yet, is another monster that helps them with the “run time” on Microsoft Azure” and AWS

In other words it might cost $40 to run something because the servers shut down after it’s calculated versus $400 if it keeps on running!

None of the valuations in the 3d engine/gaming area make sense at the moment. Unity is a great product but the company doesn't make any money for some reason, and if they're not making money on a billion in sales they're probably never going to make money.

Roblox is almost worth as much as Nintendo. Ridiculous. And they're not even profitable.

So it's hard to determine good value. I do own a little bit of Unity and a decent amount of Nintendo, but no Roblox. Nintendo I personally think is a steal where it's at...PE of 16, 2.5% dividend, growing industry and they have IP which is worth more than anyone else's. It's the lowest PE it has had in the past 5 years, where it was more in the 25 to 30 range.

Hmm, I like common sense! Never even thought of Nintendo as an alternative.

Low PE and a nice Div to boot