Serious stonks strategy talk

[Tasty]

Schwab accounts opened and funding in process. Hoping I can buy while it's still under $20.00, I really feel like a bandit buying in at such a low price lol.

HBO Max is #3 after Disney+ and Netflix and rising pretty quickly. For comparison, $DIS is $115 and even after "tanking" $NFLX is still hovering around $200. $WBD is under twenty bucks at the moment and trending lower.

Someone tell me what I'm not seeing here -- yes, there's a lot of debt, and yes, the CFO admitted WarnerMedia unexpectedly underperformed in Q1, I'm talking about the 1 year/5 year outlook.

Shorters' loss is my gain I suppose so I can't be too mad.

[james]

Counterpoint

AOLTimeWarner

[Tasty]

Counterpoint

AOLTimeWarner

Not a pure-play media company. $WBD is.

AOL was also on the way out when that merger happened, where as WarnerMedia and Discovery are respectively gaining ground in most of the areas important to investors.

[james]

Counterpoint

AOLTimeWarner

Not a pure-play media company. $WBD is.

AOL was also on the way out when that merger happened, where as WarnerMedia and Discovery are respectively gaining ground in most of the areas important to investors.

Counterpoint: MGM

[team filler]

.

[Tasty]

Counterpoint

AOLTimeWarner

Not a pure-play media company. $WBD is.

AOL was also on the way out when that merger happened, where as WarnerMedia and Discovery are respectively gaining ground in most of the areas important to investors.

Counterpoint: MGM

Counter-counterpoint: MGM

[jorma]

Schwab accounts opened and funding in process. Hoping I can buy while it's still under $20.00, I really feel like a bandit buying in at such a low price lol.

HBO Max is #3 after Disney+ and Netflix and rising pretty quickly. For comparison, $DIS is $115 and even after "tanking" $NFLX is still hovering around $200. $WBD is under twenty bucks at the moment and trending lower.

Someone tell me what I'm not seeing here -- yes, there's a lot of debt, and yes, the CFO admitted WarnerMedia unexpectedly underperformed in Q1, I'm talking about the 1 year/5 year outlook.

Shorters' loss is my gain I suppose so I can't be too mad.

ok but you can't see if a stock is expensive by looking at the sp, you need to look at the market cap, netflix is valued at 90 billion and warner at 45 billion.
Now, netflix makes 13 dollars profit per share, wbo makes 0.2 dollars per share and netflix has 3x the subscribers hbo does, so the difference in price is probably justified even if the latest financial reports indicate that hbo has better growth. But if you look at the last three years of revenue wbd is basically flat where netflix has doubled theirs.

i think both stocks are expensive, but not as expensive as disney 

[Tasty]

You make good points

[Nintex]

What sort of event could cause the stock price to actually go up?
The service is launched it will continue to grow and they will continue to add content but I don't really see a 'buy the rumor - sell the news' opportunity here.
In the short term there is just too many subscription services so they will have to spend and spend on content to beat out the competition and stay in the race.
I think the market will consolidate into 2 or 3 of these services.

I think it's an ok investment for the longer term but I don't see rapid growth anytime soon. A lot of those new users are from the recent European launch I suppose(?).

The real winner will be the platform that reaches that Steam godlike status of having to produce little content by themselves but has others making use of their service to publish content.

[james]

[Uncle]

james should I buy tesla because it's down

[james]

james should I buy tesla because it's down

Tesla has been overpriced for like 5 years. YOLO

[Tasty]

What sort of event could cause the stock price to actually go up?

Literally anything at this point?

"HBO Max combines with Discovery+ today"

"HBO Max adds 20 million subscribers in Q2"

"New HBO series Snickle Snackle edges out Euphoria's premiere numbers"

"The Batman 2 announced as HBO Max Original"

Any of these headlines could at least double $WBD at this point. I'm not saying they're likely, but they are realistic possibilities in the next year.

The service is launched it will continue to grow and they will continue to add content but I don't really see a 'buy the rumor - sell the news' opportunity here.

Investors are dumb and follow headlines. The stock will shoot up on good news, and if there's momentum it'll keep going. $18 for $WBD is undervalued and I still haven't been convinced otherwise, when $NFLX (with no diversified revenue streams and larger content expenditures) is still $200.

This all said, my first two shares of $WBD are sentimental. I only intend to make a profit on future potential purchases.

[james]

Amazon shares sink 14%, on pace for worst day in 17 years

 

[Tasty]

Mostly cause the automaker they coinvested in with Ford has been having a... rough time on the stock market since its IPO.

They would have made $3.3 bil otherwise but that's less than the $4 bil projected last quarter.

So basically they're still fucked

[james]

Dow tumbles 1,000 points, Nasdaq drops more than 4% as Wall Street sell-off intensifies

[who is ted danson?]

Don't want to open my trading account rn 

spoiler (click to show/hide)

lmao who cares index funds

[close]

[Nintex]

I'm down 8% this year and all my bank is doing is sending me those inclusivity and diversity bullshit ads plus increasing their rates.

Record inflation, insane energy prices and stonks are tanking.

When you go woke, you go broke.

[who is ted danson?]

Need to send a fax to JPow and tell him to start printing again

[james]

Stocks pulled back sharply on Thursday, completely erasing a rally from the prior session in a stunning reversal that delivered investors one of the worst days since 2020.

The Dow Jones Industrial Average lost 1,063 points, or 3.12%, to close at 32,997.97. The tech-heavy Nasdaq Composite fell 4.99% to finish at 12,317.69, its lowest closing level since November 2020. Both of those losses were the worst single-day drops since 2020.

[Nintex]

You're already handing out free crackpipes Joe, why not hire Kudlow to sort out wall street again.

This Brian Deese(?) guy is fucking useless. 



All these Obama people are running the economy into the ground again with their facts and figures.

[Tasty]

Time to buy more cheap $WBD

[james]

Dow loses 500 points, S&P 500 tumbles to new low for 2022 as sell-off intensifies


Get ready to buy the dip folks, the bottom is coming, soon, maybe

[Tasty]

NFTs and Bitcoin will be ok right?

Deregulation! Distributed ledgers!

[james]

NFTs and Bitcoin will be ok right?

Deregulation! Distributed ledgers!

Market Summary > Bitcoin
31,723.20USD
-35,214.80 (52.61%)
past 6 months

[Nintex]

Bitcoin is going down hard.

[who is ted danson?]

Ebay is gonna be flooded with GPUs by the end of this month

[Nintex]

https://twitter.com/marenaltman/status/1523746206752833537

[james]

Uber approaching all times lows

23.05 USD -22.74 (-49.66%)
past year

 

[BIONIC]

Uber approaching all times lows

23.05 USD -22.74 (-49.66%)
past year

 

I’m in an Uber rn. Literally shaking 

[Nintex]

Uber approaching all times lows

23.05 USD -22.74 (-49.66%)
past year

 

You should look at 'tech' stocks like Netflix and Shopify, stocks like that are down 75% YTD.
Ford sold their Rivian stock and Rivian is now down 77% YTD.

Safest best right now is the old money: IBM, Coca Cola, Shell etc. are doing fine.

[james]

https://twitter.com/greg_shill/status/1523812762249478151

[Tasty]

Bitcoin is going down hard.

But on whom?

[Tasty]

Uber approaching all times lows

23.05 USD -22.74 (-49.66%)
past year

 

"Let's just literally ship money from investors to riders in the form of cab subsidies and pray/hope we have enough in the bank until Skynet obviates human drivers and all their pesky 'living wage' demands"

...probably wasn't the best long-term business plan (especially when their aggressive Waymo poaching backfired hard), but fuck it, I saw Uber for what it was and saved a fuckton of cash taking advantage when I lived in a major metropolitan area.

Reminds me of a Doctom Bubble story about a Doordash dotcom 20 years before Doordash existed, thriving for a brief 3-6 month period before it all went tits up due to the lack of a sustainable revenue story.

This has all happened before, this will all happen again.

[james]

https://mobile.twitter.com/Cokedupoptions/status/1523818626435932161

[james]

A.I. lender Upstart shares plummet more than 50% after company cuts full-year revenue forecast
https://www.cnbc.com/2022/05/10/upstart-shares-plummet-after-company-cuts-full-year-revenue-forecast.html

[james]

Upstart aged well.Advice self.stocks

submitted 15 hours ago * by RenovatorX

Smashed earnings just as I expected from my last post. My birthday wish came true.

Tomorrow we’ll see some green. Hold my people for we will rise to victory!

Although I say that, I only invested like $3000 at 79$ average, i probably won’t make much. But you guys will, may the gains be with you.

https://www.reddit.com/r/stocks/comments/um4npk/upstart_aged_well/

31.50-45.62 (-59.15%)

[james]

Can we get an f in chat for pelaton

13.05 USD -77.97 (-85.67%)past year

[james]

Shares of Coinbase plunged about 16% on Wednesday morning after the company reported shrinking revenue and declining users.

Coinbase said Tuesday that revenue fell 27% year-over-year to $1.17 billion, which was below Wall Street’s projected $1.48 billion. It also said it lost $430 million in the first quarter.

Usage on Coinbase declined from the fourth quarter. Retail monthly transaction users slid to 9.2 million, down from 11.4 million in the fourth quarter. Total trading volume declined from $547 billion in the fourth quarter to $309 billion.

https://www.cnbc.com/2022/05/11/coinbase-shares-dive-25percent-after-revenue-miss.html



Market Summary
 > Coinbase Global Inc
57.83 USD -245.17 (-80.91%)
past year

[who is ted danson?]

https://www.coinbase.com/price/cumrocket

PRICE CHANGE (7D)

-30.55%

cummies no

[Nintex]

https://twitter.com/Fxhedgers/status/1524209254684454915

Good to know

[Tasty]

The schadenfreude is off the charts.

[Nintex]

From what I've gathered retail and Wall Street bets have been completely wiped out by the big funds and institutions.
Guess Boring Ape NFT was the 'don't get high on your own supply' moment for the bigger crypto bois too.

Biden is sending all dem crypto kids back to the trenches and McDonalds, effectively killing 'grass roots' fundraising in the process too

[james]

From what I've gathered retail and Wall Street bets have been completely wiped out by the big funds and institutions.
Guess Boring Ape NFT was the 'don't get high on your own supply' moment for the bigger crypto bois too.

Biden is sending all dem crypto kids back to the trenches and McDonalds, effectively killing 'grass roots' fundraising in the process too

$ 28,597.0
-7.79%

Wheres the bottom?

[Nintex]

From what I've gathered retail and Wall Street bets have been completely wiped out by the big funds and institutions.
Guess Boring Ape NFT was the 'don't get high on your own supply' moment for the bigger crypto bois too.

Biden is sending all dem crypto kids back to the trenches and McDonalds, effectively killing 'grass roots' fundraising in the process too

$ 28,597.0
-7.79%

Wheres the bottom?

Bitcoin will return to its intrinsic value

0

[Nintex]

Bitcoin down another 10% hovering around 26k

[who is ted danson?]

$LUNA

Lmfao down 99.6%

[BisMarckie]

noooooo, my 150 Doge coins I planned to retire with.

 

[james]

Mods blocked new posts, have fled, and the active thread is the suicide prevention one

https://www.reddit.com/r/terraluna/

[james]

Dow falls 400 points in sixth-straight daily decline, S&P 500 hits new 2022 low



More than $200 billion erased from entire crypto market in a day as sell-off intensifies



GameStop, AMC stocks rocket in volatile trading, reversing earlier losses

 

[Nintex]

I'm investing in my Steam library and alcohol supply.

Will probably pick up a few cheap stonks when things calm down (-10% on my boring index fund is still less of a devaluation than Bidenflation) but crypto?
Just HODL and eventually hope for a rebound. I don't see it happening soon because while usually folks buy one crypto and sell another right now everyone is dumping everything.
(and thus they also lack the money to reinvest)

I've learned from this disaster that I need more boring stocks though, some Shell, Microsoft etc. .
Old money that the boomers have an interest in and is thus protected.

[james]

I'm investing in my Steam library and alcohol supply.

Will probably pick up a few cheap stonks when things calm down (-10% on my boring index fund is still less of a devaluation than Bidenflation) but crypto?
Just HODL and eventually hope for a rebound. I don't see it happening soon because while usually folks buy one crypto and sell another right now everyone is dumping everything.
(and thus they also lack the money to reinvest)

I've learned from this disaster that I need more boring stocks though, some Shell, Microsoft etc. .
Old money that the boomers have an interest in and is thus protected.

No one ever lost money investing in toilet paper and toothpaste

[Propagandhim]

[james]

Entire nations are now crumbling

https://twitter.com/_DavidFitz/status/1524424799912660992

[Tasty]

I've learned from this disaster that I need more boring stocks though, some Shell, Microsoft etc. .
Old money that the boomers have an interest in and is thus protected.

$WBD breh

[Nintex]

https://twitter.com/SuburbanDrone/status/1524870565806366730

[John Dunbar]

https://twitter.com/SuburbanDrone/status/1524870565806366730

i'm not a smart man and i know nothing about the economy, so someone explain this to me: if people lost 1.7 trillion bucks on crypto, didn't other people gain that much and it evens out? or does it mean there is such a significant number of people who went flat broke it will have wide-ranging effects?

[jorma]

https://twitter.com/SuburbanDrone/status/1524870565806366730

i'm not a smart man and i know nothing about the economy, so someone explain this to me: if people lost 1.7 trillion bucks on crypto, didn't other people gain that much and it evens out? or does it mean there is such a significant number of people who went flat broke it will have wide-ranging effects?

nah, it's mostly just profits temporarily going up in flames, remember that you could buy a bitcoin for 5 dollars just 10 years ago, and everyone who has held their btc longer than one year are still in profit.

i mean some people probably took loans to buy btc at 60k and are getting marigin called but most people will just be "aw shucks maybe i should have sold last month"

[therealdeal]

nah, it's mostly just profits temporarily going up in flames, remember that you could buy a bitcoin for 5 dollars just 10 years ago, and everyone who has held their btc longer than one year are still in profit.

i mean some people probably took loans to buy btc at 60k and are getting marigin called but most people will just be "aw shucks maybe i should have sold last month"

bolded statement is false. Btc down ~40% on the 1 year chart, friend.

[jorma]

nah, it's mostly just profits temporarily going up in flames, remember that you could buy a bitcoin for 5 dollars just 10 years ago, and everyone who has held their btc longer than one year are still in profit.

i mean some people probably took loans to buy btc at 60k and are getting marigin called but most people will just be "aw shucks maybe i should have sold last month"

bolded statement is false. Btc down ~40% on the 1 year chart, friend.

sorry anyone who's held longer than 16 months are still profitable