Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Halfcan]

Wow- huge Green day, largest I have ever had- my entire portfolio is Green today- 9% gain.

[Shag]

Originally Posted by Halfcan

Wow- huge Green day, largest I have ever had- my entire portfolio is Green today- 9% gain.

Not me - I got wrecked today in tech.

[Halfcan]

Originally Posted by Shag

Not me - I got wrecked today in tech.

I am mostly in the Finance sector- World banks and investment companies.

I bought when they were all down 60% and my entire portfolio is green now sans 5 speculative stocks I have and those are very close to breakeven.

Great day today- I hope it holds.

[Rain Man]

Originally Posted by RunKC

Feel like I need to buy an airline stock and just let it sit. Seems like a slam dunk that it will come back

Yeah, I've been thinking similarly. I think the cruise lines and airlines have the biggest upside potential but also the biggest risk. I've bought a little more of those, but I had a fair amount in them anyway and lack bravery to do a lot more.

I've been buying little bits of the major hotel chains that I'm pretty sure will survive, as well as casinos. Even if their upside is a bit lower, I figure they're likely to have faster recoveries and I worry less about a bankruptcy to kill all my investment. I don't know if I'm right about that or not, but it's the way I've been moving.

Having said that, I'm not doing anything bold, just adding tiny additional amounts. I'm in a phase of life where I need a home run less than I want to avoid getting beaned in the face by a bad decision.

[Hog's Gone Fishin]

Originally Posted by Shag

Not me - I got wrecked today in tech.

Me also, i've moved a lot into the EV stocks. They started the day strong but then fizzled. And Netflix was a big loser for me today.

[Buehler445]

Originally Posted by Hog's Gone Fishin

Me also, i've moved a lot into the EV stocks. They started the day strong but then fizzled. And Netflix was a big loser for me today.

Netflix had a bad earnings call a week or so ago didnt they

[Hog's Gone Fishin]

Originally Posted by Buehler445

Netflix had a bad earnings call a week or so ago didnt they

Not sure about that. Todays tank was due to the vaccine that will turn everybody into zombies that are unable to watch TV.

[Buehler445]

Originally Posted by Hog's Gone Fishin

Not sure about that. Todays tank was due to the vaccine that will turn everybody into zombies that are unable to watch TV.

I had to look it up. Their earnings were off quite a bit.

https://www.google.com/amp/s/www.inv...rnings-4772366

[HonestChieffan]

Originally Posted by RunKC

Feel like I need to buy an airline stock and just let it sit. Seems like a slam dunk that it will come back

Yes today happened. Should continue to regain for two to three years as regs and travel restrictions emerge

[TinyEvel]

A personal thank you to whoever brought Plug Power to this thread. I bought some at $11.00 a couple months ago, it’s at $21 now

[chiefforlife]

Anyone have an update on NKLA?

Wondering if it will come back after the CEO stepped down or is that the end for them...

[Hog's Gone Fishin]

Originally Posted by TinyEvel

A personal thank you to whoever brought Plug Power to this thread. I bought some at $11.00 a couple months ago, it’s at $21 now

Yep, I've gone heavy over the past few months into EV and EV charging. It's going to be huge over the next 5 years especially with dementia in the white house. He going to throw a bunch of government money that direction.

[lewdog]

Originally Posted by Hog's Gone Fishin

Yep, I've gone heavy over the past few months into EV and EV charging. It's going to be huge over the next 5 years especially with dementia in the white house. He going to throw a bunch of government money that direction.

Definitely time to look at different sector plays with dementia in office vs the past 4 years of cognitive dissonance in office.

Their is plenty of risk in two main areas that many are looking at, EV and pot. Both have too many companies vying for the same technology and space. Many of these smaller companies get bought out. That sounds great if you own the company doing the buying but that's not always the case. The debt laid out in acquiring these companies, especially in pot, comes with needing years of a successful business model to draw down that debt and turn a profitable business. I've owned CGC for years and they're a major player but with major troubles turning successful profit and paying down debt. You'd think legalizing weed would make their business boom but that's not always the case.

[ghak99]

Originally Posted by lewdog

Definitely time to look at different sector plays with dementia in office vs the past 4 years of cognitive dissonance in office.

Their is plenty of risk in two main areas that many are looking at, EV and pot. Both have too many companies vying for the same technology and space. Many of these smaller companies get bought out. That sounds great if you own the company doing the buying but that's not always the case. The debt laid out in acquiring these companies, especially in pot, comes with needing years of a successful business model to draw down that debt and turn a profitable business. I've owned CGC for years and they're a major player but with major troubles turning successful profit and paying down debt. You'd think legalizing weed would make their business boom but that's not always the case.

Most people don't understand what happens when a niche product becomes an actual commodity. There is always a boom worth quickly mining, but then it's followed by a substantial shift to commodity margins as something like weed moves from medicinal to legal.

Just be glad actual farmers aren't growing the shit. It, and everything attached to it, would already be near break even margins and it'd become a near worthless investment overnight.

[Buehler445]

Originally Posted by lewdog

Definitely time to look at different sector plays with dementia in office vs the past 4 years of cognitive dissonance in office.

Their is plenty of risk in two main areas that many are looking at, EV and pot. Both have too many companies vying for the same technology and space. Many of these smaller companies get bought out. That sounds great if you own the company doing the buying but that's not always the case. The debt laid out in acquiring these companies, especially in pot, comes with needing years of a successful business model to draw down that debt and turn a profitable business. I've owned CGC for years and they're a major player but with major troubles turning successful profit and paying down debt. You'd think legalizing weed would make their business boom but that's not always the case.

Yeah, it's tough to achieve economies of scale (with positive marginal profits) with a manufacturing process that is reliant on hand labor. Sure you can make incremental gains through seed supply, logistics, packaging, access to customers and best practices, but the rest of the ag industry did it through mechanization, and that doesn't appear to be in the cards for pot. Size doesn't necessarily equal improved margins without substantive production efficiencies.

Originally Posted by ghak99

Most people don't understand what happens when a niche product becomes an actual commodity. There is always a boom worth quickly mining, but then it's followed by a substantial shift to commodity margins as something like weed moves from medicinal to legal.

Just be glad actual farmers aren't growing the shit. It, and everything attached to it, would already be near break even margins and it'd become a near worthless investment overnight.

Yeah, some guys are trying to get CBD operations up and going, but even at the miniscule acres that were applied, dudes are having trouble with huge wait times for payment, meaning they flooded the market.

I am wholly uninterested in anything manual labor. I can't find anybody to even do some basic labor and tractoring. Much less walk fields and do manual labor. Much less put together a crew to do anything at scale.

Especially in my part of the world, achieving a consistent product would be paramount. With the ridiculously harsh conditions we can encounter, it's going to have to work a lot of years before I'd put any real assets towards it.