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Misc Stock Market

metwannabe said:
Hey RC the wife and I are headed to Raleigh to meet those college kids of mine for lunch at the Cowfish, you buying? ??
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What is the Cornish? I don't think I've heard that before!
 
Gold...one of the biggest cup/handle patterns you will see....this is the monthly chart. It traded between $110-$130 for 7 years.

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Researching stocks to invest in long term in my IRA and it's not easy. Every chart for growth companies looks like a rocket taking off. These are all monthly charts...why didn't I do this last year and buy all these stocks then. I could have retired!

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KyloG said:
Researching stocks to invest in long term in my IRA and it's not easy. Every chart for growth companies looks like a rocket taking off. These are all monthly charts...why didn't I do this last year and buy all these stocks then. I could have retired!

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I've been trying to do the same, and everything looks like it's in a bubble.

Are there any sectors at all that haven't exploded?
 
Rain Cold said:
I've been trying to do the same, and everything looks like it's in a bubble.

Are there any sectors at all that haven't exploded?
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As of now I own these stocks in my IRA. Looking for more though. I may add JETS, airline ETF for reopening play.

DKNG - online gambling, sports wagering only going to grow.

CCL - cruise line reopening play

FIII - SPAC/EV play, think this hits $18-20 by end of this year. Trading at a 3x multiple for 2022E rev, very cheap. If it executes it should be trading at 10-12x multiple.

GIK - same as above but think this could be $25 in 12 months.

STIC - SPAC merging with bark box. High growth, already hit $20 and pulled back to $13, merger in April and I think it runs back to low $20’s by April/May.
 
KyloG said:
As of now I own these stocks in my IRA. Looking for more though. I may add JETS, airline ETF for reopening play.

DKNG - online gambling, sports wagering only going to grow.

CCL - cruise line reopening play

FIII - SPAC/EV play, think this hits $18-20 by end of this year. Trading at a 3x multiple for 2022E rev, very cheap. If it executes it should be trading at 10-12x multiple.

GIK - same as above but think this could be $25 in 12 months.

STIC - SPAC merging with bark box. High growth, already hit $20 and pulled back to $13, merger in April and I think it runs back to low $20’s by April/May.
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That's a pretty good selection. I have some allocation to the mutual funds available to choose from and also some gold and silver miners (NEM, GOLD, EXK, AG, GFI, WPM, SAND) a uranium stock (UEC), MVIS, and a lot of cash.

I have scaled a lot of those miners back, as they have run up and took some profits on MVIS on Friday.

I'm thinking inflation is coming, and I think commodities are going to do well. But I don't know any specific companies yet that I would want to invest in long term.

I think a weed stock or two would be a good hold, as well as an alternative energy and maybe genetics-type play. But these sectors seem to have run away right now.
 
Rain Cold said:
That's a pretty good selection. I have some allocation to the mutual funds available to choose from and also some gold and silver miners (NEM, GOLD, EXK, AG, GFI, WPM, SAND) a uranium stock (UEC), MVIS, and a lot of cash.

I have scaled a lot of those miners back, as they have run up and took some profits on MVIS on Friday.

I'm thinking inflation is coming, and I think commodities are going to do well. But I don't know any specific companies yet that I would want to invest in long term.

I think a weed stock or two would be a good hold, as well as an alternative energy and maybe genetics-type play. But these sectors seem to have run away right now.
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I think I may invest in CLNE (energy). I have been trading it but I think it’s going in my IRA. Also, FRSX too. It’s small enough that I think they either get bought out or a big partnership is coming.
 
Rain Cold said:
That's a pretty good selection. I have some allocation to the mutual funds available to choose from and also some gold and silver miners (NEM, GOLD, EXK, AG, GFI, WPM, SAND) a uranium stock (UEC), MVIS, and a lot of cash.

I have scaled a lot of those miners back, as they have run up and took some profits on MVIS on Friday.

I'm thinking inflation is coming, and I think commodities are going to do well. But I don't know any specific companies yet that I would want to invest in long term.

I think a weed stock or two would be a good hold, as well as an alternative energy and maybe genetics-type play. But these sectors seem to have run away right now.
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Also, I have several funds I am in still but feel like I have good selection of stocks the upside will be much higher and if it’s in a high growth industry the floor will be higher.
 
KyloG said:
Feel like you have to have some skin in the game. May look back on this in 2-3 years and wonder why weren’t we invested.

www.cnbc.com

Op-ed: Cannabis investors are about to ride a legislative tailwind in Washington

With Democrats in both chambers of Congress and a Biden White House, federal legalization may be close to reality.
www.cnbc.com www.cnbc.com
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What are some of the good names in this space? I mean, we can find tickers, but does anyone know the top two or three best operating companies here?
 
Rain Cold said:
What are some of the good names in this space? I mean, we can find tickers, but does anyone know the top two or three best operating companies here?
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With the uncertainty in emerging markets, an ETF may be worth a try. $YOLO is in the 20 dollar range with 265M assets under management, up from 125M last quarter and 62M from Q3. Low dividend payments but expected given the small companies set to boom. Better than putting all your eggs in one basket. (Not investment advice)

+23% one month
+85% three month
 
DadOfJax said:
Someone please just shoot me....just do it. Please!
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"I told you so" is not appropriate so I'll not say it, you had every right to be concerned.... it's the market, you win some you lose some, you have to know the risk. Hopefully you got out with profits and if you did then you really didn't lose anything. Just don't look at it anymore haha
 
tramadoc said:
Where do you see this possibly topping out?
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Man I wish I knew haha. I'm not selling, not yet anyway, I made up my mind a while back I'm here till the BO. But back them when the market cap was around 250M I was thinking a $3-5B BO, since then there's been tons of info that makes me think that BO price could be closer to $10B, which all of a sudden with a $2B market cap, doesn't seem so unreasonable.
 
metwannabe said:
Man I wish I knew haha. I'm not selling, not yet anyway, I made up my mind a while back I'm here till the BO. But back them when the market cap was around 250M I was thinking a $3-5B BO, since then there's been tons of info that makes me think that BO price could be closer to $10B, which all of a sudden with a $2B market cap, doesn't seem so unreasonable.
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So what does that equate to in PPS? About $65-$70/share?
 
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