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  1. C

    Bottom Fishing

    It's only 20% off its bottom. It seems like it could have a little bit more room to run. I'm in for 50 shares as a test.
  2. C

    Bottom Fishing

    lol totally possible. this management seems determined to squeeze out some short term gains on the way down though. I don't think we would have seen the insider buying otherwise. I think it's a good bet.
  3. C

    Bottom Fishing

    GME (Gamestop). 6 years of declining share price, last 2 months have been positive. I'm betting on this being a bottom. Insiders bought shares again for the first time in 6 years over the last 3 months. They've started a share buyback program and are attempting a business overhaul. Debt levels...
  4. C

    Bottom Fishing

    Closed this at 22.70. bottom is not in yet. I'll wait on it
  5. C

    Bottom Fishing

    TUP (Tupperware) has been bleeding lately on declining sales. A lot of its sales are in China and India, and the strong dollar is making their sales numbers looks worse than they are. The company has a lot of debt and the price drop to date was justified, but it looks undervalued (P/E 5.7) and...
  6. C

    TM

    Ridesharing of any kind seems to be a money losing business. I'm not too excited about investments in that space.
  7. C

    TPB

    I think you guys are right .I switched from long to short today. The momentum is clearly still downward. I'll ride it down and keep an eye out for a reversal. I do think it's going to shoot back up in a few months, but I'll be patient.
  8. C

    Bottom Fishing

    SDA wrote off $180M in "impairment" in 2019 H1 due to loss of goodwill. besides that their revenue is growing. it sounds to me like they decided to stuff all their bad accounting debt that needed to be written into one bad half-year and the market overreacted to the headline earnings number...
  9. C

    Bottom Fishing

    Up 6% to start. Not bad. I'm in at $1.255.
  10. C

    Bottom Fishing

    I'm guessing that spread is from extended hours trading. It was a few cents this morning during trading hours. If not though, damn, what the hell happened overnight.
  11. C

    TPB

    This one seems odd to me because cigarettes definitely are not going to be illegal. You would be banning vaporized tobacco but not smoked tobacco? Seems odd. Even Massachusetts is a temporary ban. I'd expect the industry to recover once this specific investigation by the FDA into Vitamin E...
  12. C

    Bottom Fishing

    What's the reason behind the drop? Why would it turn around now?
  13. C

    Bottom Fishing

    TPB. Turning Point Brands sells Other Tobacco Products, like rolling papers (they make Zig Zag if you've used it), CBD, chewing tobacco and vapes. Stock is down 60% in the past couple months on fears of vaping bans, but they've stated in a press release that the FDA is looking specifically into...
  14. C

    TPB

    The FDA has stated that they're looking mainly into the flavored vapes. Only 15% of their EBIT comes from flavored vaping products and 30% from vape sales, but the stock is down 50% from the peak. Are vaping stocks overshorted?
  15. C

    WeWork's IPO saga could be a turning point for tech stocks and markets

    Peloton and SmileDental got hammered in their IPOs right afterward. Feels like they're related and WeWork has put a big question on all private companies trying to go public.
  16. C

    $400B repo market bailout

    It was $75B recycled over multiple times I believe. So not a net $400B increase into the repo market. Repo loans get repaid every morning. The Fed has a license to print money. They don't need anyone's permission to do anything. The most powerful entity in the world.
  17. C

    Everything's correlated? :(

    Crypto and small cap stocks. Vape stocks for example are currently responding to regulatory changes not the broader market.
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