Investing General Discussion

Sanrith Descartes

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Not a fan of any streaming service that doesn't have its own studio and/or alternative revenue stream (ala AMZN).

Ps.. very happy FTEC doesn't carry the Comm Sector.
 

Sanrith Descartes

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COIN


Also its being delisted from two German exchanges because of a coding error. it will be back as soon as the error is addressed.

edit:
733 put contracts at the $170 strike expiring in 30 days. Yesterdays close was $320.82. That is a 47% drop.

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Sanrith Descartes

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NFLX
While I don't like the Comm sector, it doesnt mean I dont look for bargains. NFLX financials are good... but... their net income margin has been decreasing as their revenue has been increasing over the last 5 years. They are spending more to make more, but they are spending more pennies to make the same dollar than they did in the prior year every year for the past 5 years. This isnt "necessarily" bad. They are spending to make new content. And their net income growth is still good. And the yoy drop on net margin slowed substantially from 2019 to 2020.

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Long term debt continues to rise. Again, making new content. Still around 1:1 to EBITDA but the rising needs to stop. They finally went free cash flow positive in 2020 which is a positive sign.

Its gonna open below the 200-day of $514. The only support level left is at $493. It "should" catch a bounce to try to close back above the 200 DMA. Another deep red day could add downward pressure if the selling becomes wholesale. It "might" be a long term entry between $490 - $500. Or it could keep short term and retest the $470 level.


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OU Ariakas

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NFLX
While I don't like the Comm sector, it doesnt mean I dont look for bargains. NFLX financials are good... but... their net income margin has been decreasing as their revenue has been increasing over the last 5 years. They are spending more to make more, but they are spending more pennies to make the same dollar than they did in the prior year every year for the past 5 years. This isnt "necessarily" bad. They are spending to make new content. And their net income growth is still good. And the yoy drop on net margin slowed substantially from 2019 to 2020.

View attachment 349718
View attachment 349719

Long term debt continues to rise. Again, making new content. Still around 1:1 to EBITDA but the rising needs to stop. They finally went free cash flow positive in 2020 which is a positive sign.

Its gonna open below the 200-day of $514. The only support level left is at $493. It "should" catch a bounce to try to close back above the 200 DMA. Another deep red day could add downward pressure if the selling becomes wholesale. It "might" be a long term entry between $490 - $500. Or it could keep short term and retest the $470 level.


View attachment 349723

I have always found revenue chasing companies to be in a huge Catch 22 situation because the "market" needs them to have high revenue numbers to look good. Yet if the same company that put up those big net numbers were to sacrifice 10% of their revenue to gain 15% more margin their stock would drop despite the fact it is a healthier company.
 
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Sanrith Descartes

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I have always found revenue chasing companies to be in a huge Catch 22 situation because the "market" needs them to have high revenue numbers to look good. Yet if the same company that put up those big net numbers were to sacrifice 10% of their revenue to gain 15% more margin their stock would drop despite the fact it is a healthier company.
Even though the last year or so has changed investing strategies, I am still a fundamentals guy at heart.

I dropped a small buy order in at $480.
 
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Furry

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Mention vanguard UI changes yesterday. When I set my new limit order today praying I'd clear out the last bit of cash on hand, saw this. Pretty sure this aint right.

wooop.png
 

Locnar

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Hot tip of the day: You can negotiate, with Fidelity at least, your margin interest rate. I requested and got my margin interest rate with them cut in half. Should of asked months ago. But I called them and told them I saw all these ads on TV for interactive brokers offering a much lower interest rate than Fidelity and was going to switch if they did not lower mine.

Thought I'd share.

And thank the lord today is showing some green.
 
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karma

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Sorry, screwed up the quote!

Mention vanguard UI changes yesterday. When I set my new limit order today praying I'd clear out the last bit of cash on hand, saw this. Pretty sure this aint right.

wooop.png



I was looking at that chart this morning, and saw the massive drop. I'm sure you know by now, but they split VONG 4-1, was it just a display bug that cleared up?
 

Sanrith Descartes

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Sorry, screwed up the quote!

Mention vanguard UI changes yesterday. When I set my new limit order today praying I'd clear out the last bit of cash on hand, saw this. Pretty sure this aint right.

wooop.png



I was looking at that chart this morning, and saw the massive drop. I'm sure you know by now, but they split VONG 4-1, was it just a display bug that cleared up?
yeah it appears to just be the system hadn't caught up yet. it looks fine on Fidelity

1619028537319.png
 
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Furry

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Sorry, screwed up the quote!

Mention vanguard UI changes yesterday. When I set my new limit order today praying I'd clear out the last bit of cash on hand, saw this. Pretty sure this aint right.

wooop.png



I was looking at that chart this morning, and saw the massive drop. I'm sure you know by now, but they split VONG 4-1, was it just a display bug that cleared up?
Split was in place all yesterday showing correctly in the 60s. That visual thing was today. If it was related to the split it should have popped up yesterday? Just reporting weirdness so anyone else seeing weird losses doesn’t go jump off a bridge immediately.
 
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Sanrith Descartes

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PLTR and ASAN direct-listed on the same day. Every time you lament PLTR trading in the low 20's just be happy you chose it over ASAN.

oh.. and we wont even discuss SNOW in the equation.


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Jackie Treehorn

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Read this and thought you Jackie Treehorn Jackie Treehorn playing legos with you stacks of silver.

Warning: Bear porn. Read at own risk.

😅
There’s something organically satisfying about playing with precious metals, I mean actually touching them. I dunno what it is. I really do want some of those silver LEGOs they make.

Yeah, paper silver is bad. People have been saying that for decades. I don’t believe the “silver to $1000 crowd” but $100 in the next 5-10 years is legit I think. Still doesn’t beat stocks / crypto but I like owning some.

No more bars for me though. Only other things I’m gonna buy are periodically getting cool coins I like.
 
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Hateyou

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There’s something organically satisfying about playing with precious metals, I mean actually touching them. I dunno what it is. I really do want some of those silver LEGOs they make.

Yeah, paper silver is bad. People have been saying that for decades. I don’t believe the “silver to $1000 crowd” but $100 in the next 5-10 years is legit I think. Still doesn’t beat stocks / crypto but I like owning some.

No more bars for me though. Only other things I’m gonna buy are periodically getting cool coins I like.
Until the next cool design bar comes out. Seriously those bars you got are awesome, I want to fondle them.
 
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Sanrith Descartes

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Uh, the end is nigh?
According to Zero Hedge the collapse of the global financial markets is imminent and has been for as long as I have been reading them. Like all things, take it with a grain of salt. Their data is usually solid, they just cherry pick and spin it to a bear perspective.

As to the article, I agree with it 100% don't buy paper commodities (ie.. gold/silver ETFs), own the real deal and take possession of it.
 
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