Stocks

[Pimpin]

Sea is lovely and Stoneco can suck a dick

 

[Adriano@10]

Sea is lovely and Stoneco can suck a dick

LOL happy i sold half my stake at 80$ sad i did the same with sea at 250$.........

Anyways going over the stoneco Q2 right now....
Really surprised they did such a terrible job with their credit segment..
Meanwhile their payment solutions are doing pretty well.....
Could be a great entry point here especially seeing that linx will be included in stones consolidated statements from q3 onwards.
Fact that they had so many NPLs that they stopped giving out loans is pretty scary though....

 

[Pimpin]

LOL happy i sold half my stake at 80$ sad i did the same with sea at 250$.........

Anyways going over the stoneco Q2 right now....
Really surprised they did such a terrible job with their credit segment..
Meanwhile their payment solutions are doing pretty well.....
Could be a great entry point here especially seeing that linx will be included in stones consolidated statements from q3 onwards.
Fact that they had so many NPLs that they stopped giving out loans is pretty scary though....

Everyone that gets into that BNPL bullshit will get SMOKED eventually

 

[Adriano@10]

Everyone that gets into that BNPL bullshit will get SMOKED eventually

Agreed... Stone is not really doing BNPL, or at least i would not declare it as BNPL closer to an overdraft account.... Onlz problem here is that the SMBs could basically overdraft from one account and get the deposits into another... (not exactly what happened but close enough) A lot of shit went wrong with the registrar
Take a look at their teach in paper they explain it quite well...

Anyays after listening to their q2 call and reading the Teach in paper i m not ready to completely bail on em...
If they manage to handle the credit challenges which we should se over the next 2q s then the stock will be back at 60 in no time imho.
Also revenue still grows in the 50% range and the sales multiple seems about right at 13...

In other news asana which i completly missed is fucken baussing would have doubled my money if i went in when i looked at it...
Then again there the sales multiple seems of the charts to me...

 

[Adriano@10]

So kaplan (dallas fed President) made multiple mio dollar trades in 2020, now thats just beautiful. We re in full corruption mode.....
Not sure how this is okay or how ther's not more interest in this.

In other news brian armstrong the ceo of coinbase apparently never red the securities act. Crying on twitter how the sec wants to regulate yield farming and how it s not a security......
Dude could just google definition of a bond or read the first page of the securities act and he d have his answer instead he throws a fit on twitter and threatens to sue...
To think that coinbase is the least sketchy of all those crypto exchanges

 

[crzdcolombian]

I dont use it as amain source of income but for wealth building for retirement etc. On the last 12 months considering taxes I've probably made more investing than from my salary but that's not my expectation of a normal year.

same it’s crazy. I think it’s more the time I graduated and started investing. The market the last 10 years has been insane. In any small dip I basically just triple down and got lucky. Last March when target and Lowe’s went down to super Lowe’s i bought a crazy position in them and they all tripled or better.

I also magically had over a 1000 shares of GameStop thinking Amazon would buy them. Forgot about it and them it became a meme stock.

also my dividend stocks give me a healthy amount of money each year.

I mean I work for insurance and because I’m too young to retire. Tho defiantly thinking of a less stressful job.

 

[Harpsabu]

same it’s crazy. I think it’s more the time I graduated and started investing. The market the last 10 years has been insane. In any small dip I basically just triple down and got lucky. Last March when target and Lowe’s went down to super Lowe’s i bought a crazy position in them and they all tripled or better.

I also magically had over a 1000 shares of GameStop thinking Amazon would buy them. Forgot about it and them it became a meme stock.

also my dividend stocks give me a healthy amount of money each year.

I mean I work for insurance and because I’m too young to retire. Tho defiantly thinking of a less stressful job.

Please tell me you sold gamestop at the peak!!

 

[crzdcolombian]

Please tell me you sold gamestop at the peak!!

haha so I got scared I had lost a ton of money. Since it was 30 instead of 60… then I noticed the hundred number changed by a lot

I was like wtf…. Then was beyond pleasantly suprised. Think I sold it at 350 a share and got it for $3-5 a share. My tax bill this year will be nice luckily a lot of that was in a Roth IRA (I don’t have to pay tax on the gains since I bought it was post tax money )

like at this point have 3 kids. Totally checked out most of the time on things. After that I got an investment advisor they are doing very well for me.

I just buy random things now that I think are a big gamble or things I think will get acquired. That is basically if I lose all the money I don’t care because i can write it off in my taxes.

 

[brehme1989]

Affirm at over 100% gains is nice. Sold half of it so everything in it is profit right now.

Waiting for Katapult to give me the same returns.

 

[Pimpin]

I fucking hate Chipotle and Greggs so much. Next time i see a food company i like im holding.

 

[.h.]

snowflake has done not bad since i bought them

kainos is hovering around £20/share, which is nearly 4x the price I bought some shares about 15 months ago at.

 

[Pimpin]

I may take bite on TakeTwo if it dips a bit further down. I also will start looking at some rail stocks (canadian pacific and unp). Thinking of selling Republic Services as it is a bit hilariously valued. May give up on energy stocks, can't take anymore migraines.

 

[Adriano@10]

China tells banks Evergrande won't be able to pay interest due Sept 20 - Bloomberg News

China's Ministry of Housing and Urban-Rural Development has told major banks that Evergrande (3333.HK) will not be able to make loan interest payments due Sept. 20, Bloomberg News reported on Wednesday, citing people familiar with the matter.

www.reuters.com

Shit is geting ugly in China....

Also check out chinese Gambling/casino stocks most down 20 to 30% on the day.... Sands china being the worst down 32%
I guess there is a fear that the CCP will crack down on Gambling next now that they re done with gaming.

In crypto news solana was down for almost the whole day yesterday caur apparently traffic overwhelmed it...
The decentralized future of banking ladies and gents......
Yet people still out there hyping solana tech.

 

[brehme1989]

No need to check anything out, already feeling the pain with LVS and WYNN

 

[Pimpin]

Go big oil go, fucking got unhealthy amount of exposure on energy

 

[brehme1989]

Bitcoi....Tether's Chiina commercial paper is probably going to blow out, right?

 

[.h.]

moved some money around, bought £25k of Darktrace shares after their results at £6.83 or something a share. Insane that its on like. 3 day multiple digit rally. Up 30%, and I bought them after it had already gone up like 10-15%.

 

[brehme1989]

https://twitter.com/x/status/1438944431734919175

Eye opening twitter thread on Evergrande and China. Pretty sure this will become Inter related very soon.

 

[Adriano@10]

https://twitter.com/x/status/1438944431734919175

Eye opening twitter thread on Evergrande and China. Pretty sure this will become Inter related very soon.

One of my fav twitter accounts dude knows what he s talking about..
Also seems like the panic arrived in europe looking at the financial names....

Also has it not been inter ralated for some time was zhang not forced to take on evergrande bonds like 1 months back?

 

[Pimpin]

Shell just sold $10bn of assets in the permian.. that's like 7% of its market cap. Stock won't move hahah