Stocks

[Pimpin]

that seems to be the prudent approach (i am just jinxing ur trade, before some other developper offers 3 times the price of ttwo for zynga).

Peleton getting dropped from Nasdaq, and getting under $30. If people loved this shit at 150, what changed at 30?

 

[Adriano@10]

Zynga price is pretty much capped at 9.86. Last I checked, 1/3 of that would be in cash, 2/3 will be converted to T2 stock at 150something, didn't even want to bother with it as I don't want to own that stock at the moment, call it the Pimpin factor

Since Zynga's price won't really jump any further, there's no point to wait for the deal to be concluded, as we all know it may collapse. Meaning the price cannot really go to the maximum possible, there's the Take Two stock risk since it's dropping, and there's really no real upside unless T2 takes off. Which won't happen any time soon. Zynga's stock on the other hand is at the low 9s, the best it can do is go to 9.86, but we all know that even 9.50 sounds too high at this point. If the deal collapses, Zynga is back to $5-7 territory. Within an instance.

Don't think it's worth the risk to wait for the deal to take place.

I see your talking short term and from the zinga side and your probably right on that.
Thought you had a long term strategical fit problem with the zynga integration

 

[Adriano@10]

that seems to be the prudent approach (i am just jinxing ur trade, before some other developper offers 3 times the price of ttwo for zynga).

Peleton getting dropped from Nasdaq, and getting under $30. If people loved this shit at 150, what changed at 30?

the covid hype changed i guess. I never understood the peleton arguments on a long term basis. But then again this happened to alot of the big covid winners.

 

[Pimpin]

the covid hype changed i guess. I never understood the peleton arguments on a long term basis. But then again this happened to alot of the big covid winners.

but then again market cap is heading to levels it was pre-covid. I know it has some way to go for that, but if people liked it at 90, they should love it at 30.

I mean I averaged down on Stoneco, as I believe in it and the fundamentals haven't changed. I may enter square/sea later on once it goes further down.

Why are these same analysts that said they love peleton at 90 now all of a sudden bearish?

 

[Adriano@10]

but then again market cap is heading to levels it was pre-covid. I know it has some way to go for that, but if people liked it at 90, they should love it at 30.

I mean I averaged down on Stoneco, as I believe in it and the fundamentals haven't changed. I may enter square/sea later on once it goes further down.

Why are these same analysts that said they love peleton at 90 now all of a sudden bearish?

Your right on everything here one thing though imo peleton was already expensive pre covid for what it is...
And ofcourse your right that the people should love it here thing is most institutions probably knew what they were buying and cashed out along the ride...

On the analysts bro this sadly is the game nowdays. To often analysts are just running after the stock price.....Especially if we re talking about a hot popular stock. The times i ve seen a analyst double their PT despite fundamentally nothing changing at the company, just because the SP doubled on them for no good reason......

Best example is Tesla just look at the upgrades there despite nothing happening. Then ofcourse we have adam jonas on a private investor call absolutely shitting on tesla days after he put out report with a new higher price.

Sadly they are in the bussiness of selling reports and not of being right/honest ....

Full disclosure: i do kind of get it as i m prety sure i ve lost business because i insist that tesla is a overvalued shit co when clients ask me about it.
So often if your just chasing the money going with the flow and popular investment ideas is simply the easiest and most profitable thing till shit hit the fan.

 

[brehme1989]

Block(Square) fascination with Bitcoin nonsense makes me regret my decision to become a shareholder

 

[Adriano@10]

Block(Square) fascination with Bitcoin nonsense makes me regret my decision to become a shareholder

LOL for me it was their BTC revenue accounting that kept me from going long.....

 

[Pimpin]

That was the reason i got out as well.

But talk to any small business owner that uses square, and you'll get really bullish on it. The restaurant I used to work at started using it and improved basically everything in their place. I'll just write off the bitcoin revenue completely when making a decision.

 

[Adriano@10]

LOL lovely to see chamaths reputation sink to new lows amongst the in crowd.....
Dude is so out of touch that he actually said nobody gives a fuck about the uyghurs on a podcast and hours later retweeted a obvious right wing troll agreeing with him.

No wonder all his spacs went to shit dude does 0 DD on anything he does.

 

[brehme1989]

El Salvador downgraded due to their Bitcoin trading

 

[brehme1989]

LOL lovely to see chamaths reputation sink to new lows amongst the in crowd.....
Dude is so out of touch that he actually said nobody gives a fuck about the uyghurs on a podcast and hours later retweeted a obvious right wing troll agreeing with him.

No wonder all his spacs went to shit dude does 0 DD on anything he does.

I'm all aboard the Scam-ath wagon.

 

[Pimpin]

wow just saw what chamath said about the uyghurs, holy shit. I wonder how many people share his sentiment.

We are really living in a modern holocaust and none of us do dick about it.

 

[brehme1989]

wow just saw what chamath said about the uyghurs, holy shit. I wonder how many people share his sentiment.

We are really living in a modern holocaust and none of us do dick about it.

I think he's just being the messenger. He's pretty much saying what you said in the second sentence and that by default, him and everyone around the world, doesn't care much about things that are happening far away from them and don't affect their daily lives.

I suppose we'll see something in response from the US based Uyghurs, there's several thousands iirc.

Either way, no need to escalate the discussion here.

 

[Pimpin]

fucking unilever man , I will get more shares on this purely because I think the markets are sending a signal to not do it to CEO.

if they do a full on leveraged acq. their leverage will grow to around 5 times ebitda

 

[Pimpin]

I just need the energy stocks to keep ripping, we are green baby. Apes don't know what diamond hands are until you hold energy calls/stocks. What a great start to 2022. I may double down on tech puts but I will just hold what I have and not become to greedy.

 

[brehme1989]

@Pimpin Activision Blizzard bought by Microsoft.

 

[Pimpin]

@Pimpin Activision Blizzard bought by Microsoft.

huge huge, I knew this would happen with video games, sucks that i didnt fucking pull some more money. It was obvious, videogames will rule metaverse.

 

[brehme1989]

huge huge, I knew this would happen with video games, sucks that i didnt fucking pull some more money. It was obvious, videogames will rule metaverse.

Ask me if I got in after I mentioned it in the previous page...

 

[Pimpin]

Ask me if I got in after I mentioned it in the previous page...

le me guess, no?

man, I hate not listening to my gut. The one thing that I actually had high conviction that i listened to myself was/is energy and short high multiple stocks as interest rates go up.

 

[brehme1989]

Was going to pull the trigger on Friday. Had made a sale of a small margin position on Boeing on Thursday just before the close. I was waiting for the banks to release results and thought I'll wait a bit more.

I was between entering a new position with Affirm after getting great returns the last time, since price is back by a lot, going with Activision or going with more Disney longs just to average down. Decided to sit on the cash since the market wasn't favorable and I wasn't sure if it were prudent to start a deal before a long weekend.

Could have made a small fortune over 3 days lol.