Coronavirus vs Investing

[ercchry]

AC =
NFLX =
AAPL =

...this has been a market minute with ercchry

But yeah, NFLX money will hopefully come back when TSLA earnings is done. Stupid hype stocks. Technicals look like nearing heavy resistance too... we will see. May 15 contracts were for sure a mistake though

[pheoxs]

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AC =
NFLX =
AAPL =

...this has been a market minute with ercchry

But yeah, NFLX money will hopefully come back when TSLA earnings is done. Stupid hype stocks. Technicals look like nearing heavy resistance too... we will see. May 15 contracts were for sure a mistake though

SU up 5% =D

[The_Rural_Juror]

ExtraSlow. Corporate raider cum insider trader. Here I am Scotch taping shredded papers to get try and get inside info.

[msommers]

https://www.nytimes.com/2020/04/29/u...#link-2d010b61

"The F.D.A. plans to announce as early as Wednesday an emergency use authorization for remdesivir"

[ercchry]

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https://www.nytimes.com/2020/04/29/u...#link-2d010b61

"The F.D.A. plans to announce as early as Wednesday an emergency use authorization for remdesivir"

Party time! All loaded up and ready for a big day tomorrow... even a little GILD for good measure... trump tweets and everything. Should gap up nicely on open

[BavarianBeast]

Good to see GILD breaking $85 AH.

We know how the earnings are going to look tomorrow. Wouldn't be surprised to see it gap over $100. Still a few million shorts to cover.

[Misterman]

I was up 100% on AC during the day today. PPL up 20% since I bought the dip, too bad that's an average down for me as I also purchased back at 45$

I would absolutely short Netflix right now. We are at threshold of lockdown, their subscriber base isn't going to grow with any leap and bound any longer. And as soon as things come back to reality and analysts start trading based on financials again, Netflix is fucked. Especially when those 16 million people that only signed up for lockdown cancel memberships.

[jwslam]

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I would absolutely short Netflix right now. We are at threshold of lockdown, their subscriber base isn't going to grow with any leap and bound any longer. And as soon as things come back to reality and analysts start trading based on financials again, Netflix is fucked. Especially when those 16 million people that only signed up for lockdown cancel memberships.

Pretty sure:
Half are too lazy to cancel
Half are actually enjoying the content and gonna keep it

Maybe 1% cancellation

[ThePenIsMightier]

Husky and Cenovus having massive gains after announcing that they shit on the floor, slipped and fell in the shit and a lot of the shit got in their mouth & eyes while they struggled to get up...
Roulette is safer and more predictable.

[ercchry]

If TSLA went up 10% AH based on pre-lock down revenue and Musk dropping the F word NFLX is under valued

Their retention rate is nuts, plus they’re just breaking into India... that lockdown is going no where, but on top of that NFLX is special compared to the rest based on native support on basically any modern TV... hell even my ancient blue ray player had support for it. No need to drop extra coin on a streaming box will win out in these 2nd/3rd worlds. EPS is suffer but like like the Canadian launch they will slowly ramp up the subscription cost... that’s basically why it was missed this earning was due to the $3/month in India

...oh, and the big one... don’t fight the Fed! You’re pocket are not deep enough to short any large American Corp right now

Technically speaking too, NFLX is right at the bottom of their up channel and didn’t break the resistance... wait till it’s back at $450 if you really need to go short on it

[OTown]

I'm back in the green. Didnt sell a stock since the crash. Bought some stocks during the dip, and ive already made up my losses. And we are nowhere near being done full recovery

[The_Rural_Juror]

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I'm back in the green. Didnt sell a stock since the crash. Bought some stocks during the dip, and ive already made up my losses. And we are nowhere near being done full recovery

Fantastic!

[ExtraSlow]

Do I win if I didn't buy or sell anything? Sounds like maybe not.

[killramos]

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Do I win if I didn't buy or sell anything? Sounds like maybe not.

Well. You certainly don’t lose.

[ExtraSlow]

[The_Rural_Juror]

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Do I win if I didn't buy or sell anything? Sounds like maybe not.

All the insider info wasted.

[ExtraSlow]

Probably the most important question, since everyone in this thread seems to be big fans of timing the market, is do we see a second low, and when?

My view is that we do, and it'll be "nearly" as low as the last one. That'll come on the backs of another crash in oil contracts for any deliveries to the end of 2020, horrific corporate earnings in 80% of the economy, and government releasing more details on the costs of all these support programs.

I think Canada will be hit harder than USA, but both will have a deep dip.

- - - Updated - - -

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All the insider info wasted.

I am pretty sure you are joking around, but just in case you aren't, I have never received any non-public information from any of the insiders I know. They are all very careful and prudent, and they never recommend individual securities to me.

[Misterman]

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Pretty sure:
Half are too lazy to cancel
Half are actually enjoying the content and gonna keep it

Maybe 1% cancellation

Time will tell, I'd guess a 50% retention rate on those new sign ups. Either way, they're way over bought right now. Their financials have always been terrible as they are spending a fortune to produce content in an attempt to retain memberships. I'm not expecting them to go to zero or anything crazy, but a short position is likely to net a 20-30% gain. Feel free to quote this and we can check back in a few months to see if their stock is down to 350$ or so. Unfortunately I don't have an account I can short with, so this guess is just for funsies.

[The_Rural_Juror]

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I am pretty sure you are joking around, but just in case you aren't, I have never received any non-public information from any of the insiders I know. They are all very careful and prudent, and they never recommend individual securities to me.

Of course I was! Everything's "priced in" anyway.

[you&me]

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Time will tell, I'd guess a 50% retention rate on those new sign ups. Either way, they're way over bought right now. Their financials have always been terrible as they are spending a fortune to produce content in an attempt to retain memberships. I'm not expecting them to go to zero or anything crazy, but a short position is likely to net a 20-30% gain. Feel free to quote this and we can check back in a few months to see if their stock is down to 350$ or so. Unfortunately I don't have an account I can short with, so this guess is just for funsies.

NFLX is the 800-pound gorilla in the (streaming) room.

90% of people that stream content, subscribe to (at least) Netflix.

They also have a 93% retention rate.

As long as people stream, Netflix will be the darling stock of the space.