Stocks

Pimpin said:

I mean I am holding akamai that is trading 24 p/e and their loss making competitors who 1. are not growing as fast 2. have fraction of its revenue 3. not profitable, have bigger market cap

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Same boat when it comes to akamai i m starting to think their missing a catalysator/promoter, their obviously a better hold than many of it s competitors yet they barely move...
Might also be down to the high institutional holdings..

Akamai feels appealing

brehme1989 said:

Akamai feels appealing

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keybank out with an overweight rating on akamai today pt 119....

Also did you guys see citis embarassing btc take??? incredible how incompetent some of these guys are apparently not knowing the difference between bps and %....

Care to share that on Citi? Only saw that Goldman Sachs resumed BTC Futures yesterday, for some reason people thought that was a good thing for Bitcoin...

Did you see that citi chart on Citi? fucking pathetic.

Akamai is cheap, but I have been holding it for a year almost, and it feels like this bitch will first go into single digits p/e rather than gain on valuation.

I am adding

EPD and Walmart this week

brehme1989 said:

Care to share that on Citi? Only saw that Goldman Sachs resumed BTC Futures yesterday, for some reason people thought that was a good thing for Bitcoin...

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https://www.ft.com/content/8553aba7-8beb-4b48-9287-be6a08065444
heres the ft article on it

Adriano@10 said:

https://www.ft.com/content/8553aba7-8beb-4b48-9287-be6a08065444
heres the ft article on it

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That is genuinely embarrassing.

But as a side note, the FT article is quite childish and blog like.

brehme1989 said:

That is genuinely embarrassing.

But as a side note, the FT article is quite childish and blog like.

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they have those sections/categories, alphaville etc. It was in one of blogs like this that wirecard fraud was first mentioned.

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ie. i did not read this in the printed version

brehme1989 said:

That is genuinely embarrassing.

But as a side note, the FT article is quite childish and blog like.

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agreed think it was originaly posted on alphaville...
but was easier to find for me than the original citi slides

Walmart growth story:

1. Flipkart (leader in market share in India, plus scope of learning there and transfer to ecommerce usa)
2. India, India, India. Potential to co-operate with Tata.
3. PhonePE, leading digital wallet/payment processing in India..200m users.
4. China hypermarkets and JD.com (12% ownership). I don;t know what the fuck is happening in china, but the main competitors in the ecommerce (alibaba) and retail space(Sun Art Retail Group+suning/carrefour) are getting SPANKED. Pinduoduo, the main competitor of Alibaba is spending unsustainably. Alibaba is seemingly done, regardless of how good they run stuff. IMO there seems to be a few big name defaults in China and Walmart could take advantage of that.

Also this sell off is as stupid as the one in 2018 (had entry point at 85), take out the capital expenditure and stock is still under 20 p/e. I hope they start taking advantage of these opportunities, instead of going for retarded fintech plays.

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Stakes in Flipkart+PhonePE+JD.com are worth alone 50bn.

Billionaire investor Ron Baron’s firm sold 1.8 million Tesla shares despite saying price will hit $2,000


https://www.cnbc.com/2021/03/04/bil...baron-sells-1point8-million-tesla-shares.html



How are these fuckers not in jail

tesla chart of the day

Adriano@10 said:

On trading options i would not recommed it to retail timing the market is a bitch, if you cannit resist start small with tiny positions that dont hurt if you loos em.

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So I did abit of reading regarding different type of option strategy. What do you guys think of wheel trading? Correct me if I'm wrong, but the idea is:
1. choosing a stock that you wouldn't mind owning
2. Sell puts and collect premium
3. If it doesn't go below strike price, repeat the procedure and keep earning the premium
4. If it does go below strike and the contract gets assigned, then sell covered calls hence completing the wheel?

I guess regarding risk vs reward, the idea of wheel trading is to collect premium and not get assigned,right ? So with selling puts, the only downside is if the stock goes up by alot and you miss out on the potential gain of owning the stock vs the premium you received? And if it does go below strike price, you wouldn't mind owning that stock anyway? Or am I missing something?

Also, all this is with secured cash and not naked, wouldn't want to be like optionsellers.com lol

Thanks in advanced!

Pimpin said:

Billionaire investor Ron Baron’s firm sold 1.8 million Tesla shares despite saying price will hit $2,000


https://www.cnbc.com/2021/03/04/bil...baron-sells-1point8-million-tesla-shares.html



How are these fuckers not in jail

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How many shares does he have?

It’s sometimes not like you or me. 2 million shares might be like 5% position. If he sold all or most then yea he should go to jail.

There's actually nothing wrong with that. It's a standard Portfolio management deficiency.

It's even detailed in the filings they send to SEC and it's abiding regulation in fact.


Part of the risk disclosures is that you cannot have assets above a specific threshold in your portfolio. So if one stock constantly, and in hyperbolic rate, outperforms everything else, it will eventually beat those thresholds. Again and again. At some point, you're going to trim down your position in terms of amount of shares, even if the total value of Tesla holding may remain constant or increase.


He's not an investment bank where his clients can order a specific share and he has to complete their order. It's an asset management fund. If I want to subscribe to his fund, I'll play by the rules he gets to play. Which includes this kind of risk management that seems counter intuitive, but that's how the regulation is.

brehme1989 said:

There's actually nothing wrong with that. It's a standard Portfolio management deficiency.

It's even detailed in the filings they send to SEC and it's abiding regulation in fact.


Part of the risk disclosures is that you cannot have assets above a specific threshold in your portfolio. So if one stock constantly, and in hyperbolic rate, outperforms everything else, it will eventually beat those thresholds. Again and again. At some point, you're going to trim down your position in terms of amount of shares, even if the total value of Tesla holding may remain constant or increase.


He's not an investment bank where his clients can order a specific share and he has to complete their order. It's an asset management fund. If I want to subscribe to his fund, I'll play by the rules he gets to play. Which includes this kind of risk management that seems counter intuitive, but that's how the regulation is.

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Those rules are self imposed and not from the SEC.........Unless he runs a retirement fund or some kind of insurance he can own how many share he wants, heck he could run a fund that is 100% invested in tesl sec would not care.. at least from what i know.
Also fuck him for telling retail it s going to 2000 and then selling thats just fucken mean, same goes for chamath and him selling all his space holdings after claiming diamond hands and shit like that, there should be a regulation around what you say on tv and what you do with your stocks.....
Yes it s basic risk and pofo management but then dont go on tv spouting BS....

brakbrak said:

So I did abit of reading regarding different type of option strategy. What do you guys think of wheel trading? Correct me if I'm wrong, but the idea is:
1. choosing a stock that you wouldn't mind owning
2. Sell puts and collect premium
3. If it doesn't go below strike price, repeat the procedure and keep earning the premium
4. If it does go below strike and the contract gets assigned, then sell covered calls hence completing the wheel?

I guess regarding risk vs reward, the idea of wheel trading is to collect premium and not get assigned,right ? So with selling puts, the only downside is if the stock goes up by alot and you miss out on the potential gain of owning the stock vs the premium you received? And if it does go below strike price, you wouldn't mind owning that stock anyway? Or am I missing something?

Also, all this is with secured cash and not naked, wouldn't want to be like optionsellers.com lol

Thanks in advanced!

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First of let me say i personally think retail should not be allowed to "write" options as the risk is to high and imho more end up losing money than making money on the long run.
Your correct on your take of wheel trading although i m not an expert on it plus in order to sell covered calls you d need to already own the underlying asset. Downside really is if vol picks up and goes against you you can get wiped pretty fast. Lets take last week as an example it would have been pretty ugly. Second problem with such strategies is that if you pick a low vol stock your premiums are gonna be tiny and if you pick a high vol one your risk is gonna be huge (i know like with everything in the market). Also such a strat would work best on an index like the SP 500 not sure i d recommend doing it with single stocks. Again i dont know your proficiency in accounting/econ and finance so i have no idea how well your equipped to pick an underlying asset for this strategy which makes it hard to give tips all i can say is if you really wanna do this i d pick a low vol stock with low risk such as Berk-b and stay aways from the current tech highflyers...

Also maybe try to understand Blackscholes just to get a better grasp of what influences option pricing.
This all being said i d still recommend just buying the underlying asset and staying away from writing options...

Yes, had to clarify that.

I meant that the fact that he's selling for the reason of maintaining threshold is regulated and it is proper behavior.

But I do believe that regulation forces funds under the SEC to have a rather strict balance on their risk management, which is why these funds cannot assume too much allocation on a few stocks only. The SEC does not tell you what the limits should be for each industry/share etc, but it does need to approve your prospectus and your policies before you flash them about to clients.


Chamath does a lot of shit that needs to go under a lot of scrutiny but no one gives a damn. Not only Chamath of course.

How can airlines be at higher levels now than pre-pandemic?

Pimpin said:

How can airlines be at higher levels now than pre-pandemic?

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It's prob buying ahead of news that more restrictions will be lifted, more travel will happen and also because a lot more people are investing in the stock market than before along with more buys towards shorted stocks as well, it's a combination of things, pick your reason.

Look at American Airlines, worst balance sheet perhaps next to only AMC, yet its market cap (let alone ev) is pre-pandemic level. FUCKING YUCK.

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K.I. said:

It's prob buying ahead of news that more restrictions will be lifted, more travel will happen and also because a lot more people are investing in the stock market than before along with more buys towards shorted stocks as well, it's a combination of things, pick your reason.

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I understand that sentiment, but still, the losses they took are outrageous, American Airlines lost 9 bn dollars, more than half of its market cap rn. I keep hearing rotation to value, but these things are not value, they are garbage. They are overleveraged, still losing money and they'd need alot of profit in a notoriously competitive market.

If you want value you can look at energy plays, some financials perhaps (even they had a great run), but this garbage ain't value.