Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Shiver Me Timbers]

Ex-NFL star Antonio Brown files for bankruptcy, allegedly owes nearly $3 million to creditors, per report

https://www.cbssports.com/nfl/news/e...rs-per-report/

[Rain Man]

Originally Posted by Shiver Me Timbers

Ex-NFL star Antonio Brown files for bankruptcy, allegedly owes nearly $3 million to creditors, per report

https://www.cbssports.com/nfl/news/e...rs-per-report/

Well, there's a shocker.

[Rain Man]

Man, I thought I was going to get rich today with the NVDA supernova. It was gorgeous and beautiful, but the rest of the market tanked so bad that I ended up the day down by a pretty big amount.

[Rain Man]

ANF has now rocketed its way up into my top five or six holdings overall. It was up 274 percent last year and is up another 110 percent so far this year. It's a hero of the realm.

[RockChalk]

Anyone got any "quick hitter" stocks they like right now? I've got what I call "a **** around and find out" fund outside of my retirement / other investments. Timed the stupid AMC meme stock just right a few weeks ago and made a quick $2.5K. So that money is just sitting and I'm looking for something else to put my gain into.

[rydogg58]

Originally Posted by RockChalk

Anyone got any "quick hitter" stocks they like right now? I've got what I call "a **** around and find out" fund outside of my retirement / other investments. Timed the stupid AMC meme stock just right a few weeks ago and made a quick $2.5K. So that money is just sitting and I'm looking for something else to put my gain into.

Try your luck on earnings beats or misses. Costco and Dell are the big ones today. Dell looks like it might beat, and rumors of Costco stock split on the table.

[Chazno]

DFV posted his GME position on Reddit. In the last three years he has increased his position from 800 k shares to 5 million. He is also sitting on 120k ITM contracts expiring 6/21. Going to be crazy tomorrow.

[Stanley Nickels]

Up 50% overnight on GME, hoping to sell about 5 min after opening. It's too predictable at this point.

[DaFace]

Originally Posted by Stanley Nickels

Up 50% overnight on GME, hoping to sell about 5 min after opening. It's too predictable at this point.

Hope you got out quick.

[Rain Man]

On the subject of health care, GILD just announced a 100% effective HIV vaccine. I've had this stock for a while and it's basically been flat for several years, but with a dividend that beats inflation so I'm okay with flat. They lost steam several years back because they came up with a cure for hepatitis, which cut their growth prospects. This might jump-start them back up.

https://finance.yahoo.com/news/gilea...140420191.html

Oh, apparently it's not a vaccine. It's a "prevention drug". I don't know how that's different, other than maybe a "prevention drug" requires regular doses, which is probably good for revenues.

[Buehler445]

Rain Man,

You still holding Boeing?

What do you think about the Spirit Aeorsystems acquisition - unspinoff - Whatever the hell they're doing?

https://www.spiritaero.com/pages/rel...n-transaction/

[scho63]

Originally Posted by Hog's Gone Fishin

Love these.

That was an awesome video and that guy told a great story. Should be shown in high school.

[Rain Man]

Originally Posted by Buehler445

Rain Man,

You still holding Boeing?

What do you think about the Spirit Aeorsystems acquisition - unspinoff - Whatever the hell they're doing?

https://www.spiritaero.com/pages/rel...n-transaction/

I've sold off about 80 percent of it, and I didn't have a huge holding to start with. So I've still got a little bit, which I'll continue to sell piecemeal until I'm out.

I don't see any particular advantage of the Spirit acquisition. Has any company ever performed better after being purchased by a larger company? I can't imagine that that will make them better. You or others may know better than me, though.

Of course, I'm a little biased for stupidly dated reasons. I've mentioned in the past that I used to work at McDonnell Douglas and it was a massively dysfunctional environment. I have no idea how anything got done there, if it even did. I recently read an article about the problems at Boeing, and the author said that the problem was that "the acquisition of McDonnell Douglas imported that company's toxic culture into Boeing and destroyed the positive culture of Boeing". I pointed at the screen and said, "I know, right? I know!" Apparently a number of the higher executives at McDonnell muscled out the Boeing executives to take control, and that was a bad thing.

I want Boeing to succeed, but I'm not optimstic that they'll ever thrive. I think they've lost sight of their mission.

[Buehler445]

Originally Posted by Rain Man

I've sold off about 80 percent of it, and I didn't have a huge holding to start with. So I've still got a little bit, which I'll continue to sell piecemeal until I'm out.

I don't see any particular advantage of the Spirit acquisition. Has any company ever performed better after being purchased by a larger company? I can't imagine that that will make them better. You or others may know better than me, though.

Of course, I'm a little biased for stupidly dated reasons. I've mentioned in the past that I used to work at McDonnell Douglas and it was a massively dysfunctional environment. I have no idea how anything got done there, if it even did. I recently read an article about the problems at Boeing, and the author said that the problem was that "the acquisition of McDonnell Douglas imported that company's toxic culture into Boeing and destroyed the positive culture of Boeing". I pointed at the screen and said, "I know, right? I know!" Apparently a number of the higher executives at McDonnell muscled out the Boeing executives to take control, and that was a bad thing.

I want Boeing to succeed, but I'm not optimstic that they'll ever thrive. I think they've lost sight of their mission.

Probably wise.

If I'm understanding it right, Boeing spun off Spirit at some point and they're sucking them back in.

The reality is that Boeing HAS to make some QA improvements. They just have to or they'll implode.

The pessimistic view is this nothing but a PR move.

The optimistic view is they are pulling the makers of their fuselage in house and will make the requisite steps to improve QA.

No clue what the reality is, but I damn sure am not buying any.

[BWillie]

How are we doing? I come here to ask because it's quicker than to check my investment account.