GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
- Start date
And while were on the subject lol, that FWRG.... I'll give you credit on it too. It may not have went up, but the damn thing hasn't went down either.
FWRG>>> $14
That's the one I want to flip for Portillo. Hot dogs. Trouble is it never takes off.
Look at these bad boys.-
SUPER CREEPY ALERT-- Holy crap my wife saw this yesterday and I accused her of being drunk. It is real... OMG This is just wrong the way they are sliding this into normal...
Is GME a crypto now?GME $144
BA $144
GME has a $10B marketcap now.
Might be time to sell some if anyone still owns it.
HP-----> (+.26%)
Jamie Dimon called me earlier Stoney, he asked me what he should say.
I told him to say it appears inflationary pressures have moderated slightly since the hurricane remark, housing demand while slowing some, still reflects a shortage across the low and medium sectors, companies in the service sector are still having difficulty filling low-skill positions, and that he foresees energy remaining strong going into Q3-Q4. Contagion from a European recession is not an immediate concern, but it will merit keeping an eye on with USD/Euro parity.
He asked how Yulia was, asked if I got the bottle of Macallan, thanked me for taking his call and said he needed to get back to work and prepare his (my) remarks for the CNBC interview.
I gave him a thumbs up! He needs to light it, not hide it
Yeah if Stoney's good for anything, he's an ace on biotechs. I've been keeping an eye on his SQZ. It's holding $3.I gave him a thumbs up! He needs to light it, not hide it
WE NEED AN UPDATE ON SQZ STONEY!
Edit "I've been keeping an eye on his SQZ".
>>> I'm not referring to Mrs Stoney. Or his gym girl.Good Morning. Deja Vu all over again-?
I am getting the exact same feeling I did the last time. I'm going to Ct today I will get there by 1:00 pm I will turn on the pool and place my bets! And....
Actually those bets will go in sooner I have a list of 4 names I am hopefully buying through the HF today- as long as they don't have a highly negative feeling on any of them)
Is it too early to look at energy? That's a question I have not come to terms with.)
I think you can start nibbling<-------
These are all names I have been tracking for 2 weeks or more-
1>NFE-
New Fortress Energy resumed with a Buy at Citi 06:06 NFE Citi analyst Ryan Levine resumed coverage of New Fortress Energy with a Buy rating and $56 price target. The analyst sees a "stronger platform" post the company's recent transactions and geographical expansion opportunities. New Fortress's acquisitions last year "greatly widened its reach, and helped solidify NFE as the premier smaller scale LNG to power company," Levine tells investors in a research note.
2>FLYW-
Flywire upgraded to Buy from Neutral at Goldman Sachs 04:43 FLYW Goldman Sachs analyst Will Nance upgraded Flywire to Buy from Neutral with a price target of $30, up from $26, which represents 41% upside. Flywire's "defensive vertical exposure" within both secondary and post-secondary education positions the company well for potential economic pressure, Nance tells investors in a research note. Additionally, the analyst remains "constructive" on the cross-sell opportunity created following the company's acquisition of WPM, a U.K. provider of educational software. The "defensive nature" of Flywire's customers combined with a "large runway" for organic sales and volume growth provide confidence in its ability to meet outlined profitability targets, says Nance.
3>ALB-
Albemarle named short-term buy idea at Deutsche Bank 05:23 ALB Deutsche Bank analyst David Begleiter placed a "Catalyst Call: Buy" on shares of Albemarle as a short-term investment idea. Fueled by sharply higher lithium prices and no signs of a slowdown in demand, Albemarle is on track for "another beat and raise" with its Q2 earnings release on August 3, Begleiter tells investors in a research note.
4>KRTX-
Karuna Therapeutics initiated with an Outperform at SVB Securities
Names I am apt to buy after 1:000 myself)
RBLX-
QCOM-
DAL-
Celsius files for bankruptcy: Crypto canary or 'winter' victim?
Jul. 14, 2022 5:10 AM ET
Temperatures may be rising outside, but things are getting colder in the cryptoverse. "Crypto winter" is a phrase that's being tossed around the sector, with cryptocurrencies losing $2T in market value since the height of a massive rally in 2021. The latest casualty wasseen late Wednesday, as Celsius Network, one of the world's largest crypto lenders, filed for Chapter 11 bankruptcy in New York, listing between $1B-$10B in assets and more than 100K creditors.
Backdrop:Nearly a month ago, Celsius froze all of its customer assets by pausing withdrawals from the network, as well as swaps and transfers on the platform. Its DeFi business model drew in depositors with high interest rates and access to loans rarely offered by traditional banks, claiming its risks were small and promising outsized returns. That was until a sharp selloff hammered the volatile crypto market, which Celsius coined "extreme market conditions" just hours after lashing out at investors that had raised concerns over withdrawals.
It's a broader symptom of what is going on in the industry, or better yet, what has gone on. The crypto market has been flooded with debt thanks to decentralized lending schemes, with the leverage exacerbated by investors looking for yield (compared to previous cycles that were largely based on crypto derivatives). Unsecured or undercollateralized lending also proved fatal for Three Arrows Capital and Voyager Digital, while the inability to meet margin calls has led to further contagion.
Next dominoes to fall?"Given it is such a crowded market, and that exchanges rely to some extent on economies of scale, the current environment is likely to highlight further casualties," said James Butterfill, head of research at CoinShares. "We have seen examples of potential stress where miners have allegedly not paid their electricity bills, potentially alluding to cash flow issues. This is likely why we are seeing some miners sell their holdings."BlockFi CEO: We're a Goldman of crypto, not a Lehman Brothers; crypto will survive this downturn.
Related:Bitfarms (BITF), Canaan (CAN), CleanSpark (CLSK), HIVE Blockchain (HIVE), Hut 8 Mining (HUT), Marathon Digital (MARA), Riot Blockchain (RIOT).
Jul. 14, 2022 5:10 AM ET
Temperatures may be rising outside, but things are getting colder in the cryptoverse. "Crypto winter" is a phrase that's being tossed around the sector, with cryptocurrencies losing $2T in market value since the height of a massive rally in 2021. The latest casualty wasseen late Wednesday, as Celsius Network, one of the world's largest crypto lenders, filed for Chapter 11 bankruptcy in New York, listing between $1B-$10B in assets and more than 100K creditors.
Backdrop:Nearly a month ago, Celsius froze all of its customer assets by pausing withdrawals from the network, as well as swaps and transfers on the platform. Its DeFi business model drew in depositors with high interest rates and access to loans rarely offered by traditional banks, claiming its risks were small and promising outsized returns. That was until a sharp selloff hammered the volatile crypto market, which Celsius coined "extreme market conditions" just hours after lashing out at investors that had raised concerns over withdrawals.
It's a broader symptom of what is going on in the industry, or better yet, what has gone on. The crypto market has been flooded with debt thanks to decentralized lending schemes, with the leverage exacerbated by investors looking for yield (compared to previous cycles that were largely based on crypto derivatives). Unsecured or undercollateralized lending also proved fatal for Three Arrows Capital and Voyager Digital, while the inability to meet margin calls has led to further contagion.
Next dominoes to fall?"Given it is such a crowded market, and that exchanges rely to some extent on economies of scale, the current environment is likely to highlight further casualties," said James Butterfill, head of research at CoinShares. "We have seen examples of potential stress where miners have allegedly not paid their electricity bills, potentially alluding to cash flow issues. This is likely why we are seeing some miners sell their holdings."BlockFi CEO: We're a Goldman of crypto, not a Lehman Brothers; crypto will survive this downturn.
Related:Bitfarms (BITF), Canaan (CAN), CleanSpark (CLSK), HIVE Blockchain (HIVE), Hut 8 Mining (HUT), Marathon Digital (MARA), Riot Blockchain (RIOT).