ValueArb Posted March 3, 2021 Posted March 3, 2021 tried looking for loss making companies trading at over 400x sales, with a market cap $1B or higher. Sigh, list is long one to go through.
balaparavi Posted March 4, 2021 Posted March 4, 2021 Shinoken 1105 JPY how you buying Shinoken ? This is not listed in US Through Interactive Brokers with trading permission for Japan. I've heard it's also available through Fidelity as ADR but have not confirmed. OTCMKTS: SHIOF. This is ticker of the ADR Shares.
cubsfan Posted March 4, 2021 Posted March 4, 2021 PANW - $342 - Palo Alto - dominant cloud security/infrastructure
fareastwarriors Posted March 4, 2021 Posted March 4, 2021 Added some INDT at $60 More INDT at high 50s
backtothebeach Posted March 4, 2021 Posted March 4, 2021 Covered a Tesla short. I do not have diamond hands. It's fascinating to watch my own psychology, fighting the urge to cover my (miniscule) TSLA short. I had no problem with the paper loss when the stock hit $890. Now that I have a small gain (a smaller total amount than the previous paper loss), I am tempted to cover, even though my thesis was that the stock would pull back at least to the $500-550 range at some point. What's wrong with taking a profit now? With this small trade it doesn't matter, but getting into the habit of tolerating large downside (in terms of P/L), but not allowing the upside to play out, seems like a bad strategy overall. Damn, covered my small TSLA short, too, at $611. So hard to hold a meme stock short. Average sale price was $779.
SafetyinNumbers Posted March 4, 2021 Posted March 4, 2021 Added more ATTO. The stock should be up today but markets are weak and ATTO is in no one's benchmark.
fareastwarriors Posted March 4, 2021 Posted March 4, 2021 AVAN at $10.05 AVAN at 10 Braggart ;) Hahaha! I forgot I had a limit order outstanding. :)
Simba Posted March 4, 2021 Posted March 4, 2021 Some names starting to look interesting - I do feel we have another leg down unfortunately. I think we get a bounce the next couple days, and then a final leg down. Today felt like mini-capitulation
Agrippa07 Posted March 5, 2021 Posted March 5, 2021 AVAN (initiated) and Unilever (added) edit: also opened position in Costco
Broeb22 Posted March 5, 2021 Posted March 5, 2021 PTON - starting a position here in mid 90s after the steep fall. $4b fw revenue run rate, 40% margin profile, $28b MCap so not as bad a multiple now. Demand >> Supply, able to sell everything they make. Lots of optionality around accessories, apparel and subscriptions (as the blades) with the bike/tread just like a razor (and they make margins on the razor too). Global product and not specific to just the US. It's becoming part of culture now - people falling in love with their digital avatar instructor (some articles around that), AirBnBs and Hotels put them as a perk on their premises. Pay later business models making them affordable for mass consumers (Affirm is the largest source of biz). People using them for 20+ days a month shows the stickiness. Like the risk/reward. Buena suerte. Lots of air still in this bubble.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now