Investing General Discussion

Sanrith Descartes · Jul 22, 2020

Jysin said:
More China unrest. US ordering a few Chinese consulates to close. The typical investment safe havens spiked while stock futures declined

Boomers being boomers. Kids horde BTC when things get shaky.

Sanrith Descartes · Jul 22, 2020

PFE to seek FDA approval of vaccine by October. Hmm just before the election. I'm shocked.

Locnar · Jul 22, 2020

LachiusTZ said:
There has been zero physical stock for . . . 5 months?

blame apmex for not giving a reasonable price to sellers

Sanrith Descartes · Jul 22, 2020

PSTH info

Bill Ackman and Tontine Holdings rewrite the terms for SPACs

We believe this is a tremendous opportunity for several reasons, activist shareholder Ken Squire says.

www.cnbc.com

Sanrith Descartes · Jul 22, 2020

NKLA trading sub-$40. Its like the Vanguard of EV stocks.

LachiusTZ · Jul 22, 2020

Lol silver

Sanrith Descartes · Jul 22, 2020

Took a position with PSTHU. Fidelity fucks this up by not having the info in the search field. Trading chat tells me "it hasn't started trading yet". I'm like "wtf, I see it trading on the NYSE". Some rando guy on Twitter mentions "it isnt showing in search, just build a trade ticket and use a "/" instead of a "."

Fucking clown world.

Edited out the typo.

Blazin · Jul 22, 2020

Sanrith Descartes said:
Took a position with PTSH.

Hopefully this is only a typo in your post and not your purchase. On Fidelity use PSTHU for Ackman's SPAC

Araysar · Jul 22, 2020

whats going on in the energy sector? almost every top gaining stock today is some energy company

Sanrith Descartes · Jul 22, 2020

Blazin said:
Hopefully this is only a typo in your post and not your purchase. On Fidelity use PSTHU for Ackman's SPAC

Holy crap. He is back from his summer house in the Hamptons

Yeah it was a typo. Its Ackman's SPAC.

Hateyou · Jul 22, 2020

Sanrith Descartes said:
Took a position with PTSH. Fidelity fucks this up by not having the info in the search field. Trading chat tells me "it hasn't started trading yet". I'm like "wtf, I see it trading on the NYSE". Some rando guy on Twitter mentions "it isnt showing in search, just build a trade ticket and use a "/" instead of a "."

Fucking clown world.

It shows up in search for me with PSTHU. You sure you bought the right thing?

Sanrith Descartes · Jul 22, 2020

Hateyou said:
It shows up in search for me with PSTHU. You sure you bought the right thing?

Yeah the post was a typo. At some point Fidelity put in a ticket to fix the search research results.

Hateyou · Jul 22, 2020

Sanrith Descartes said:
Yeah the post was a typo. At some point Fidelity put in a ticket to fix the search research results.

I YOLOed this one and picked up 70 shares.

TJT · Jul 22, 2020

Hateyou said:
I YOLOed this one and picked up 70 shares.

Ride to valhalla.

Sanrith Descartes · Jul 22, 2020

Hateyou said:
I YOLOed this one and picked up 70 shares.

I went big on this one. Full size position on my portfolio. So far SPACs have been hitting on all cylinders me. Go big or go home.

Sanrith Descartes · Jul 22, 2020

Sanrith Descartes said:
Also for snyone looking at long term buy and hold, LMT has been sliding for about 3 weeks. It bottomed around 340 the other day. Its in a shitty sector right now (aerospace) but it does so much more like weapons and space. Its balance sheet is rock solid (9 billion in EBITDA, only 12 billion in debt for a manufacturer, and almost 6 billion in free cash flow) and its biggest customer is the US govt. China got pissy this morning because they sold some Patriot missles systems to Taiwan but its worth a look for the long term at this price I think. I like it around 355 a share or less. And it pays just under a 3% dividend yield.

Ps.. i own it. Also do your own due diligence.

As info LMT up 13% in the 10 days

Jysin · Jul 22, 2020

Trading at an 8% premium already. Might try and wait for the hype to taper off and scale back the price

Khane · Jul 22, 2020

So who's buying PFE?

Rais · Jul 22, 2020

I picked up about 100 PFE and 50 BTNX a few weeks ago. It's paying off it seems. Just going to let it ride out for now.

Sanrith Descartes · Jul 22, 2020

MSFT double beat top and bottom. So of course 1st move is down 3%. We are living in bizarro world.

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