GBA Presents: House of Gummy-!
- Thread starter stonedinvestor
- Start date
Omg.... We were at 4125 when you made the post below.
Exactly one month later, we were at 4450
The SPX went up over 6%!!!!!
SI: Check the dates-- how right can one man be. Truly exceptional market timing is what I have always been known for.
....classic
~case closed.
Stoney!
Brace yourself... the cost of having Bachus' anal glands drained is going up.
SEATTLE, June 22, 2023 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP) today provided the following updates on its rate filing approval status in California and New York:
California approved over a 12% rate increase, which in addition to its’ previously approved 8% rate increase in November of 2022, brings the total approved rate to approximately 21% in the last seven months.
New York approved Trupanion’s requested 18% rate increase, which in addition to its’ previously approved 6% rate increase in November of 2022, brings the total approved rate to approximately 25% in the last seven months.
Margi Tooth, President of Trupanion noted, “We are very pleased with the recent rate approvals from two of our largest states, New York and California. These rate approvals, which are necessary in today’s rising cost of veterinary care environment, demonstrate a big step forward towards achieving our value proposition, which we believe to be the highest in the industry. We believe the rising cost of veterinary care will only increase the need for Trupanion in the months and years ahead and we look forward to being there for our members and their pets.”
Tooth added, “We thank both the New York and California Departments of Insurance for their continued partnership and look forward to our ongoing dialogue and collaboration.”
TRUP---> +13/8% in the ah's
Brace yourself... the cost of having Bachus' anal glands drained is going up.
SEATTLE, June 22, 2023 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP) today provided the following updates on its rate filing approval status in California and New York:
California approved over a 12% rate increase, which in addition to its’ previously approved 8% rate increase in November of 2022, brings the total approved rate to approximately 21% in the last seven months.
New York approved Trupanion’s requested 18% rate increase, which in addition to its’ previously approved 6% rate increase in November of 2022, brings the total approved rate to approximately 25% in the last seven months.
Margi Tooth, President of Trupanion noted, “We are very pleased with the recent rate approvals from two of our largest states, New York and California. These rate approvals, which are necessary in today’s rising cost of veterinary care environment, demonstrate a big step forward towards achieving our value proposition, which we believe to be the highest in the industry. We believe the rising cost of veterinary care will only increase the need for Trupanion in the months and years ahead and we look forward to being there for our members and their pets.”
Tooth added, “We thank both the New York and California Departments of Insurance for their continued partnership and look forward to our ongoing dialogue and collaboration.”
TRUP---> +13/8% in the ah's
I got several emails about this one Stoney.
A single mom is down about 25%.
How does that make you feel?
Imagine PZZA dropping to $56 in a week.
Once again... "stocks with staying power"
Weekly reality check for the man that lost 300 points on the SPX in just over a month:
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-204#post-5826467
AAOI -25%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-192#post-5825292
IQ -5.7%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-193#post-5825322
HUYA -4.3%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-169#post-5823854
ATAT -8.7%
And we won't even go into that precipitous drop on PDD at $75
Draining anal glands, sounds as fun as castrating calves or cleaning horse sheaths. I didn’t mind dehorning or castrating calves.Stoney!
Brace yourself... the cost of having Bachus' anal glands drained is going up.
SEATTLE, June 22, 2023 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP) today provided the following updates on its rate filing approval status in California and New York:
California approved over a 12% rate increase, which in addition to its’ previously approved 8% rate increase in November of 2022, brings the total approved rate to approximately 21% in the last seven months.
New York approved Trupanion’s requested 18% rate increase, which in addition to its’ previously approved 6% rate increase in November of 2022, brings the total approved rate to approximately 25% in the last seven months.
Margi Tooth, President of Trupanion noted, “We are very pleased with the recent rate approvals from two of our largest states, New York and California. These rate approvals, which are necessary in today’s rising cost of veterinary care environment, demonstrate a big step forward towards achieving our value proposition, which we believe to be the highest in the industry. We believe the rising cost of veterinary care will only increase the need for Trupanion in the months and years ahead and we look forward to being there for our members and their pets.”
Tooth added, “We thank both the New York and California Departments of Insurance for their continued partnership and look forward to our ongoing dialogue and collaboration.”
TRUP---> +13/8% in the ah's
Welcome to Friday 6/23, and the kick-off of VZ's trademarked "Value-Week" of 2023.
The semi-annual portfolio rebalancing of the whales has commenced and a rotation out of the tech high-flyers and into granny stocks will be the way to go. Especially this year as recessionary fears prevail, and we enter the last quarter before Q4 2023---- which as I have said will be a disaster when 45M student loans become payable starting in August. It might turn out to be the worst Q4 in recent history from the standpoint of consumer spending.
~Starting today new long positions should be focused on buying value and not "stories" as the rally winds down and reality sets in. Lots of good short candidates out there among certain tech stocks and other story stocks. Trade accordingly.
The semi-annual portfolio rebalancing of the whales has commenced and a rotation out of the tech high-flyers and into granny stocks will be the way to go. Especially this year as recessionary fears prevail, and we enter the last quarter before Q4 2023---- which as I have said will be a disaster when 45M student loans become payable starting in August. It might turn out to be the worst Q4 in recent history from the standpoint of consumer spending.
~Starting today new long positions should be focused on buying value and not "stories" as the rally winds down and reality sets in. Lots of good short candidates out there among certain tech stocks and other story stocks. Trade accordingly.
Today's buy idea:
VWDRY----> $9.17
Vestas Wind Systems
Largest wind turbine manufacturer in the world
Why buy today?
Because of the second largest:
Siemens Energy scraps profit outlook as wind turbine troubles deepen
June 23, 2023
Issues at the company's Siemens Gamesa unit have been a drag on the parent, and the announcement marks the latest blow to Siemens Energy's efforts to get these under control following a full takeover of the business.
Frankfurt-listed Siemens Energy shares were down 12.8% at 1849 GMT after the announcement, which follows the initial discovery of faulty components at Siemens Gamesa in January that caused a charge of nearly half a billion euros.
Siemens Energy said that an extended technical review of Siemens Gamesa's installed turbine fleet and product designs was launched following that is says was a substantial increase in failure rates of components.
The company, which was spun off from Siemens (SIEGn.DE), said the review suggests that it will be significantly more expensive than initially thought to reach the desired product quality of certain onshore turbines.
This, it said, would incur costs of more than 1 billion euros.
"We are also reviewing assumptions critical to the existing business plans given productivity improvements are not materializing to the extent previously expected," Siemens Energy said.
"In addition, we continue to experience ramp up challenges in Offshore."
______________________________
Edit: These foreign ADR's are kind of boring, but unfortunately the US lacks a big company outside of GE to suggest, and I doubt it can move the needle much on GE. But it might.
VWDRY----> $9.17
Vestas Wind Systems
Largest wind turbine manufacturer in the world
Why buy today?
Because of the second largest:
Siemens Energy scraps profit outlook as wind turbine troubles deepen
June 23, 2023
- Expects wind unit issues to cost more than 1 bln eur
- Continues to face ramp-up issues in offshore wind
- Frankfurt-listed shares -12.8%
Issues at the company's Siemens Gamesa unit have been a drag on the parent, and the announcement marks the latest blow to Siemens Energy's efforts to get these under control following a full takeover of the business.
Frankfurt-listed Siemens Energy shares were down 12.8% at 1849 GMT after the announcement, which follows the initial discovery of faulty components at Siemens Gamesa in January that caused a charge of nearly half a billion euros.
Siemens Energy said that an extended technical review of Siemens Gamesa's installed turbine fleet and product designs was launched following that is says was a substantial increase in failure rates of components.
The company, which was spun off from Siemens (SIEGn.DE), said the review suggests that it will be significantly more expensive than initially thought to reach the desired product quality of certain onshore turbines.
This, it said, would incur costs of more than 1 billion euros.
"We are also reviewing assumptions critical to the existing business plans given productivity improvements are not materializing to the extent previously expected," Siemens Energy said.
"In addition, we continue to experience ramp up challenges in Offshore."
______________________________
Edit: These foreign ADR's are kind of boring, but unfortunately the US lacks a big company outside of GE to suggest, and I doubt it can move the needle much on GE. But it might.
Last edited:
Gm GM.
I don't know why it takes a beat for the pros to freak but it always seems to. Today I have lots of messages from portfolio managers & money pros I know who suddenly aren't happy. Why today? The inverted yield curve 2 and 10's? Haven't we been there before.
It's curious. But down we go. The mood is very sour.
I don't know why it takes a beat for the pros to freak but it always seems to. Today I have lots of messages from portfolio managers & money pros I know who suddenly aren't happy. Why today? The inverted yield curve 2 and 10's? Haven't we been there before.
It's curious. But down we go. The mood is very sour.
lol--!!!
These are all Chinese plays and Yes I own two of them// AAOI we gummied and made the same amount you lost holding. If you did I'm confused.
I guess I'll go recap all of Van's ideas if he wants me to. This is such a dumb exercise. The difference is I actually buy stocks.
Van when will you grow up.?
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-204#post-5826467
AAOI -25%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-192#post-5825292
IQ -5.7%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-193#post-5825322
HUYA -4.3%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-169#post-5823854
ATAT -8.7%
These are all Chinese plays and Yes I own two of them// AAOI we gummied and made the same amount you lost holding. If you did I'm confused.
I guess I'll go recap all of Van's ideas if he wants me to. This is such a dumb exercise. The difference is I actually buy stocks.
Van when will you grow up.?
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-204#post-5826467
AAOI -25%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-192#post-5825292
IQ -5.7%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-193#post-5825322
HUYA -4.3%
https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-169#post-5823854
ATAT -8.7%