Jump to content

Featured Replies

^So a guy I know who is about 22 told me that he was in class at UC last week and a guy he knows who has a full ride took out $20k in student loans on the hope that Biden would forgive them.  He made $10k~ sitting in class one morning last week with that loan money he shouldn't even qualify to have.  

  • Replies 1.5k
  • Views 100.5k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • DarkandStormy
    DarkandStormy

    This notion, as has been discussed, is nearly-entirely a myth and certainly not one that amateurs are able to pull off.  Better to just leave retirement funds in the market than to try to constantly t

  • Why even have FDIC insurance ceilings of $250k if the argument is taxpayers need to compensate retail depositors at greater amounts?   If this bank and inevitably others need help from this

  • No, cleaning the house before the house cleaner comes... that's bourgeois

Posted Images

Athersys up 50 cents today to close at $2.44 (up 26%) on three times average volume. Some 100K blocks traded on the asked price.  Seeking Alpha recommended them before the market opened with a 3-year $16 price target; the big buying came later in the day.

Remember: It's the Year of the Snake

My lonely free Robinhood stock had a big day:

IMG_4173_2.JPG?width=1920&height=1080&fi

Edited by jmecklenborg

5 hours ago, Dougal said:

Athersys up 50 cents today to close at $2.44 (up 26%) on three times average volume. Some 100K blocks traded on the asked price.  Seeking Alpha recommended them before the market opened with a 3-year $16 price target; the big buying came later in the day.

I've been burned by this hot stove one too many times.

3 hours ago, freefourur said:

I've been burned by this hot stove one too many times.

You're not alone; but this time ...  Wait. I'm sounding like Donald Rumsfeld.  😉

Remember: It's the Year of the Snake

  • Author

Let's check in on those retail investors / WSB "hot picks" to stick it to the hedge funds:

image.png.59f7213bb9f1fb238ffe33b29639d787.png

 

Ooof.  Back to TSLA for the Robinhooders, I suppose.

Very Stable Genius

More like an NES game than an RPG huh?

Today it was ABEO's turn to be up 15% - the stock has more than doubled in the last 60 days.  ATHX was up another 8% and has almost doubled in a similat timeframe.  Historically, these rises have signaled that ATHX is about to sell a bunch of new shares at a big discount to the market; ATHX then promptly collapses to the discounted level. 

 

We'll see what happens. I should probably sell half of what I hold, but it's such an exciting ride.  🤪

Remember: It's the Year of the Snake

  • Author

image.png.2a8c2b131f2b1a88a26d673208977900.png

 

Ah, well.

 

Gamestop is down an incredible 89% in one week from its intraday high on the 28th.

Edited by DarkandStormy

Very Stable Genius

  • Author
On 11/20/2020 at 10:04 AM, DarkandStormy said:

I didn't follow my advice (should have) other than a small fun play with TSLA that will neither make nor break my retirement date lol.

 

Performance since 6/30:

-TSLA +131%

-WKHS +40% (looks like they're still waiting on that USPS contract...one to watch if you want)

-FUV +154% (and that's after giving back some 14% today already...they popped 70% yesterday - I think on news that they obtained a pilot program with the city of Orlando)

-NIO +537% (they're the new Tesla...in the stock market, at least)

-BLNK +273%

-KNDI +183%

-SOLO +307%

-PLUG: +196%

And a couple that didn't:

-HYLN (via SHLL, an SPAC): -12%

-NKLA (also via an SPAC): -62% (their CEO resigned amidst fraud allegations), they've had an up and down run since going public, but mostly down recently

 

 

Performances since 6/30/2020:

-TSLA +252%

-WKHS +97%

-FUV +437%

-NIO +514%

-BLNK +866%

-KNDI +122%

-SOLO +203%

-PLUG: +644%

-HYLN (via SHLL, an SPAC): -41%

-NKLA (also via an SPAC): -57%

 

Very Stable Genius

7 minutes ago, DarkandStormy said:

 

Performances since 6/30/2020:

-TSLA +252%

-WKHS +97%

-FUV +437%

-NIO +514%

-BLNK +866%

-KNDI +122%

-SOLO +203%

-PLUG: +644%

-HYLN (via SHLL, an SPAC): -41%

-NKLA (also via an SPAC): -57%

 

WKHS has really been rallying in the last few week. It closed of 40 today and i picked it up at 16. They appear to be the frontrunner for the USPS fleet.  

15 hours ago, freefourur said:

WKHS has really been rallying in the last few week. It closed of 40 today and i picked it up at 16. They appear to be the frontrunner for the USPS fleet.  

Yeah, it'll easily hit $60 if USPS contract is announced. Even if for some ungodly reason it doesn't win, it won't dip too much due to demand for these types of vehicles outside of the contract. My regrets is not buying more when it was somewhere around $1.60 or so, but isn't that always the case lol.

 

I get sick to my stomach every time my nephew reminds me that I told him he should buy BLNK when it was under $2, but even I didn't buy any back then when I suggested it to him. I thought, "hey these are starting to pop up in Kroger's parking lots all over, maybe I should buy this stock." lol ... 🤦‍♂️

With motor companies committing to non-combustible engines like GM did, I see charging station stock to skyrocket as contracts will start to be awarded across the US so that commuters can recharge on long trips. The fed will step in and make it happen.

Edited by Cincinnatus

1 minute ago, Cincinnatus said:

With motor companies committing to non-combustible engines like GM did, I see charging station stock to skyrocket as contracts will start to be awarded across the US so that commuters can recharge on long trips. The fed will step in and make it happen.

i hadn't thought about that at all. any tickers that you are watching?

2 minutes ago, freefourur said:

i hadn't thought about that at all. any tickers that you are watching?

 

Yeah I like BLNK and SBE. Both have skyrocketed. I like BLNK more bc Kroger is the nation's larger grocer and it usually has large parking lots and if they deploy BLNK because of a contract, those are guaranteed purchases - even without a federal govt. contract.

BLNK-right over $5 6 months ago, now $51

SBE-right over $10 6 months ago, now $41

 

BLNK was under $2 in 6/2020 

Another point I look at, is there are a lot of folks that want to own a fully electric vehicle, but won't pull the trigger because of the concern with being able to charge it while on the road. Auto manu's know this too.

 

I bought a Lexus ES300h hybrid and get over 40 MPG's. After needing to fill up once a month (obviously Covid has an impact), I don't think I'll ever go back. Yeah, I had a $100 additional gas tax, but the money I'm saving in return outweighs this substantially. 

3 minutes ago, Cincinnatus said:

BLNK-right over $5 6 months ago, now $51

SBE-right over $10 6 months ago, now $41

 

BLNK was under $2 in 6/2020 

i expect if we get an infrastructure bill that these stocks could really explode. 

Just now, freefourur said:

i expect if we get an infrastructure bill that these stocks could really explode. 


Oh yeah for sure and with Biden in the seat, this will happen much sooner.

Just now, Cincinnatus said:


Oh yeah for sure and with Biden in the seat, this will happen much sooner.

we will see if congress has the appetite for another big spending bill though. Plus, any bill would need 60 votes unless Sinema and Manchin change their tune on filibuster. I think it can be done with GOP support if pay fors are included some how. We shall see.

  • Author
1 hour ago, Cincinnatus said:

Another point I look at, is there are a lot of folks that want to own a fully electric vehicle, but won't pull the trigger because of the concern with being able to charge it while on the road. Auto manu's know this too.

 

I bought a Lexus ES300h hybrid and get over 40 MPG's. After needing to fill up once a month (obviously Covid has an impact), I don't think I'll ever go back. Yeah, I had a $100 additional gas tax, but the money I'm saving in return outweighs this substantially. 

 

Many BEVs are starting out at 250+ mile range now (thinking of the Niro and Kona EVs, which, sadly, aren't available in every U.S. state).  The Bolt has a 259-mile range - you can actually buy one for around $21k if you go through Costco and follow a couple steps.  Volkswagen is the only serious player on range in terms of challenging Tesla, if their stated plans come to fruition in the next 5 years.  Teslas notoriously underperform their EPA stated range in any "real world" testing (by Edmunds, Car & Driver, etc.) whereas the Porsche Taycan (a VW brand) overperforms.  VW is expecting to deliver 100k of its ID.4s this year, which is a small crossover in the same space as the Model Y.  VW is beating Tesla on price, and by quite a bit if you factor in tax credits.  Its estimated range is 250 miles, but the trend has been for VW to understate its ranges to avoid warranty issues.  An ID.4 may very well have a "real world" range close to a Model Y.

 

As the charging infrastructure gets built out (VW it looks like is partnering with Electrify America to compete with Tesla's Supercharger Network), I think the bigger issue becomes how to charge it at home.  Taking trips and charging it on the road is becoming much easier, not just for people who drive a Tesla.  But depending on which study you believe, some 30-40% of Americans don't have a garage at their home/apartment.  A lot of the benefit of an EV is being able to charge it overnight.  That's going to be a lot of work to convert apartment/condo complexes into making space for EV chargers.

Edited by DarkandStormy

Very Stable Genius

I'm thinking EV range has to be 50% higher than ICE range since all those ups and downs in range due to driving conditions leads to too much anxiety and to let people who don't have a garage to charge off site. Your ICE car never starts just using a bunch of gas out of nowhere unless fuel is spewing out of a line or fitting. Yeah if you're climbing a mountain or keeping the pedal to the metal you expect to use more fuel, but EVs all of a sudden tell you you're down to 15% out of nowhere if you climb a hill in the cold rain with the defrost on.

 

I don't think it will be that difficult but it will take time unless the vehicle weight hits a deadly 5986 pounds.

28 minutes ago, DarkandStormy said:

 

Many BEVs are starting out at 250+ mile range now (thinking of the Niro and Kona EVs, which, sadly, aren't available in every U.S. state).  The Bolt has a 259-mile range - you can actually buy one for around $21k if you go through Costco and follow a couple steps.  Volkswagen is the only serious player on range in terms of challenging Tesla, if their stated plans come to fruition in the next 5 years.  Teslas notoriously underperform their EPA stated range in any "real world" testing (by Edmunds, Car & Driver, etc.) whereas the Porsche Taycan (a VW brand) overperforms.  VW is expecting to deliver 100k of its ID.4s this year, which is a small crossover in the same space as the Model Y.  VW is beating Tesla on price, and by quite a bit if you factor in tax credits.  Its estimated range is 250 miles, but the trend has been for VW to understate its ranges to avoid warranty issues.  An ID.4 may very well have a "real world" range close to a Model Y.

 

As the charging infrastructure gets built out (VW it looks like is partnering with Electrify America to compete with Tesla's Supercharger Network), I think the bigger issue becomes how to charge it at home.  Taking trips and charging it on the road is becoming much easier, not just for people who drive a Tesla.  But depending on which study you believe, some 30-40% of Americans don't have a garage at their home/apartment.  A lot of the benefit of an EV is being able to charge it overnight.  That's going to be a lot of work to convert apartment/condo complexes into making space for EV chargers.

I'd expect developers/builders (ex: apts) to receive tax breaks or maybe even a requirement in the plans. 

If a person lives in a single family home with access to standard electricity in a garage, will they be able to charge their car. Or will they need upgrades to their service panel? 

  • Author
13 minutes ago, freefourur said:

If a person lives in a single family home with access to standard electricity in a garage, will they be able to charge their car. Or will they need upgrades to their service panel? 

 

Yes, but it's super slow.  A "washer/dryer" outlet (240 volt) would allow for faster charging.

Very Stable Genius

If they already have 220V, current houses don't need much except access to 220V somewhere near the car. You probably want a dedicated circuit so that it doesn't act up when the dryer or A/C kick on. But in the future to get full charge speed there may need to be more. I can't see everyone getting 480V at there house and running a transformer for the rest.

 

My house doesn't have 220 even at the service panel.

This makes sense. Essentially, a dedicated 220 line in the garage or outside would be best.  

 

 

36 minutes ago, freefourur said:

This makes sense. Essentially, a dedicated 220 line in the garage or outside would be best.  

 

 

I have seen that newer high end homes are designing them in their garages from the start.

 

If a previous homeowner was into welding the garage will have it.

4 hours ago, Cincinnatus said:

With motor companies committing to non-combustible engines like GM did, I see charging station stock to skyrocket as contracts will start to be awarded across the US so that commuters can recharge on long trips. The fed will step in and make it happen.

 

So I don't begrudge people their gains on charging infrastructure stocks, but I'm still not putting any of my own money in them.  ChargePoint is about to go public, for example, and they're the largest of the old guard charging infrastructure stocks, and I don't plan to put any money in that, either.

 

The central issue for me, as an EV owner, is that there are so many options to charge out there for free, I only pay for charging in emergencies or at Tesla Superchargers.  Of course I know not everyone drives a Tesla and there will be lots of other EVs from other manufacturers entering the market in the next decade, and most free charging options are slower L2 chargers using J1772 plugs.  Still, free competition makes for a tough barrier to entry.  And the financials for BLNK are still in startup mode--burning through cash to expand.

 

Signed,

 

Idiot who sold 2/3 of his TSLA position in 2018-2019.

I don't see why it's not going to be mostly gas stations. They already barely make money on gas to get people to come into the convience store.

28 minutes ago, GCrites80s said:

I don't see why it's not going to be mostly gas stations. They already barely make money on gas to get people to come into the convience store.

 

Because electric car charging infrastructure is much smaller and safer than fuel pumping infrastructure.

 

Gas stations still sell gas at all because that's what gets people to stop for the convenience store.  (There was an ancient era in which you'd find gas stations in front of a mechanic's garage.  That barely exists anymore.  There's one in Akron or I'd have said that combination is completely extinct.)

 

There was no way that Whole Foods was going to give free gas to all its customers.  Not only would that only keep them there for 5 minutes, it's expensive to bury a bunch of tanks designed to hold large amounts of explosive liquid.  They're happy to give me around $0.84/hr worth of electricity, though (6 kW charger times $0.14/kWh standard price in this area).

ABEO up 25% at 12:45 on 4 times average daily volume.

Remember: It's the Year of the Snake

11 minutes ago, Dougal said:

ABEO up 25% at 12:45 on 4 times average daily volume.

 

All of my risky stuff is up big today.  I'm a genius.  At least for today.  

4 hours ago, Dougal said:

ABEO up 25% at 12:45 on 4 times average daily volume.

Up to $3.62 in afterhours trading.

Remember: It's the Year of the Snake

A fool and his money are soon parted:

https://www.msn.com/en-us/news/us/a-majority-of-the-people-arrested-for-capitol-riot-had-a-history-of-financial-trouble/ar-BB1dyUcH

 

 

I'll say that when you have going broke in your family history it creates a sound that keeps echoing off the walls and if you dwell on it it starts feeding back.  It doesn't matter how secure you have become personally - you can maintain an irrational fear that you need to keep working 70 hours a week and can never spend money on new since you could experience a crazy series of events and end up back where you were.  The problem you see in politics is that elected officials and media figures prey on the two sides of this coin -  both the people who are or were broke and those who were born into luxury but feel compelled to visibly champion the working class to impress their other wealthy friends while avoiding actual interaction with the working class.  

 

 

 

3 minutes ago, jmecklenborg said:

A fool and his money are soon parted:

https://www.msn.com/en-us/news/us/a-majority-of-the-people-arrested-for-capitol-riot-had-a-history-of-financial-trouble/ar-BB1dyUcH

 

 

I'll say that when you have going broke in your family history it creates a sound that keeps echoing off the walls and if you dwell on it it starts feeding back.  It doesn't matter how secure you have become personally - you can maintain an irrational fear that you need to keep working 70 hours a week and can never spend money on new since you could experience a crazy series of events and end up back where you were.  The problem you see in politics is that elected officials and media figures prey on the two sides of this coin -  both the people who are or were broke and those who were born into luxury but feel compelled to visibly champion the working class to impress their other wealthy friends while avoiding actual interaction with the working class.  

 

 

 

What's interesting about the Capitol terrorists is that these are not exactly poor people. They are just people with poor financial management. They spend their income on guns, tactical gear, big trucks, and live in their mom's basements. I think people that are overextended are more likely to become radicalized. It's probably a reason that security clearances look into the financial well being of applicants. 

They're suckers for the advertising of the specific products (hence the overspending) which means they are suckers for rhetoric aimed directly at them.

I wonder how many of these guys calling themselves "entrepreneurs" call themselves that because some pick up artist told them to. Like they get a 1099 or two and -- boom -- instant "entrepreneur".

3 minutes ago, GCrites80s said:

I wonder how many of these guys calling themselves "entrepreneurs" call themselves that because some pick up artist told them to. Like they get a 1099 or two and -- boom -- instant "entrepreneur".

It sounds better than saying you are unemployed and working odd jobs.

2 hours ago, freefourur said:

What's interesting about the Capitol terrorists is that these are not exactly poor people. They are just people with poor financial management. 

 

I'd bet that a lot of these people struggle to hold a job due to erratic behavior.  I think we've all worked around people who spend their entire break period speculating about "management". 

 

 

Luckily enough, sometimes they get chances to run a "business" their way! And lose their asses because they think they're smarter than everyone else.

10 minutes ago, GCrites80s said:

Luckily enough, sometimes they get chances to run a "business" their way! And lose their asses because they think they're smarter than everyone else.

 

And they will blame everyone but themselves for what happened to their business. 

 

 

(yes - i know someone like this and yes - he is radicalized)

1 hour ago, freefourur said:

 

And they will blame everyone but themselves for what happened to their business. 

 

(yes - i know someone like this and yes - he is radicalized)

 

I do think most radicalization tends to relate to an inability to accept personal responsibilities to some degree. Passing the buck to some ambiguous group or body is easier for most people than self reflection. But it isn't unique to right wing extremism. If anything, left wing extremists have an even greater tendency to blame society for individual misdeeds. Even many mainstream left wing views are rooted in this logic. Student loan forgiveness, minimum wage, UBI, etc. are all ultimately attempts to put the burden of individual personal financial problems on society.

4 minutes ago, Ram23 said:

 

I do think most radicalization tends to relate to an inability to accept personal responsibilities to some degree. Passing the buck to some ambiguous group or body is easier for most people than self reflection. But it isn't unique to right wing extremism. If anything, left wing extremists have an even greater tendency to blame society for individual misdeeds. Even many mainstream left wing views are rooted in this logic. Student loan forgiveness, minimum wage, UBI, etc. are all ultimately attempts to put the burden of individual personal financial problems on society.

 

I think policy based decisions to assist people is different than people with no self reflection at all. I also never mentioned right-wing radicalization. I mentioned radicalization in general. But this discussion is about the terrorists who attacked the capitol and their right wing radicalization.  

12 minutes ago, Ram23 said:

 

I do think most radicalization tends to relate to an inability to accept personal responsibilities to some degree. Passing the buck to some ambiguous group or body is easier for most people than self reflection. But it isn't unique to right wing extremism. If anything, left wing extremists have an even greater tendency to blame society for individual misdeeds. Even many mainstream left wing views are rooted in this logic. Student loan forgiveness, minimum wage, UBI, etc. are all ultimately attempts to put the burden of individual personal financial problems on society.

 

Chosen identities and active spending patterns do not deserve equal status as situations caused by circumstance.

  • Author
On 2/5/2021 at 1:44 PM, GCrites80s said:

I don't see why it's not going to be mostly gas stations. They already barely make money on gas to get people to come into the convience store.

 

https://techcrunch.com/2021/02/11/planning-500000-charging-points-for-evs-by-2025-shell-becomes-the-latest-company-swept-up-in-ev-charging-boom/

 

Quote

Shell’s plan to roll out 500,000 electric charging stations in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand.

 

The # of public EV charging stations doubled from 2015 to 2020 in the U.S., btw.

Very Stable Genius

2 hours ago, DarkandStormy said:

I think we will see more of that. There are a ton of tax credits for places to install EV stations out there. May not be feasible at many gas stations, but the tax credits essentially pay the cost of the installation.

22 hours ago, freefourur said:

 

I think policy based decisions to assist people is different than people with no self reflection at all. I also never mentioned right-wing radicalization. I mentioned radicalization in general. But this discussion is about the terrorists who attacked the capitol and their right wing radicalization.  

 

 

I suspect that a radical of any stripe tends to dwell on their family history as well as national history more than the average person.  I also suspect that overseas, as much as here, the radicals are not actually so much from destitute backgrounds as they are from the first or second generation to do desk work in their family or at least enjoy some level of luxury as compared to old or deceased relatives who farmed or served in the military or otherwise did something real.  There is a mental realm where people who didn't have to do any or much real stuff feel uneasy about it and sort of adopt the manual labor or heroics that has been passed down in family lore.  This doesn't explain everybody but I'm not sure that there's really a word that describes this phenomenon in a straightforward way.  

 

 

 

 

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.