GBA Presents: THE BARE ESSENTIALS

[vanzandt]

Van UPST may have earnings soon I'm not up to date. People are betting that they are going to broaden their portfolio. risky.

.

May 9th is UPST's earnings.
The options have it priced for a potential $25 move.
That's uhhhh... pretty big. But not really considering it was $72 last week and $91 now.

Ya know Stoney.... hmmmm... it's tough call. At $72 yes. Hmmmm.
Part of me says it goes up.
Especially if the S&P can hold the 4070 level.

 

[vanzandt]

Dear Diary.

I'm depressed. Sad face. I realize all my gains are from frantic trading of bear bounces I'm not really getting anywhere with my long range ideas.

NEW PURCHASES:

ABNB // SFM // CHDN // BROS // DIS (1/2) // GDYN // ABBV // TNL // SNAP // FLYW

Ok maybe I have a problem...

Nasdaq is priced for a 2% move one way or the other this afternoon Stoney, the S&P is about 1.3%, which would put the bottom at around 4090 worst case. The naz at 12150ish.

I think the market really wants to go up though, but again, we're never gonna see the multiples on the high fliers like we did last year again.

High fliers that actually earn money... ahhhh... a forward PE of about 37 sounds right going forward. Assuming forecast revenue growth is north of 30% yoy for at least a few years.
Lets let the dust settle tomorrow and Friday and we'll adjust things this weekend with some new picks.

 

[vanzandt]

And good ol HDELY stays green on a red tape lol.
HDELY---> $11.65 (+.52%)
Our "rebuild Ukraine after Putin gets waxed" European cement stock.

Yum China standing tall too on a terrible report at $41

GBA is a global operation. We know no borders.

 

[stonedinvestor]

Van shorting is so hard. What made UPST stand out in that way--

Well I saw light vol and a move up when everything else was down- so that was enough. I sold.

- you saw options

and it still blew blast us.

Mr market always wins.

 

[stonedinvestor]

Did you look at Flywire? Maybe I jumped the gun a bit... // seems like a really good business that will eventually take Crypto- they have agreements with all the right groovy pay firms///

 

[stonedinvestor]

GBA is a global operation. We know no borders.

Nor do we have any self control...

 

[stonedinvestor]

Livent rises 21.4% 12:00 LTHM Livent is up 21.4%,

 

[stonedinvestor]

Ubisoft gains on report founding family considering partnering with PE for takeout

Never has a company so failed our last buy/screen-test..." (name of company) on my chin "

 

[vanzandt]

Fortinet Stoney!

FTNT
$275
But wait for the fed, you may get it cheaper.
Priced for a big move on earnings.
Pricey, but I gotta think they're gonna beat handily top and bottom line.

 

[vanzandt]

Stoney!!!!
It's time to revisit an old friend from last year.
I don't know how this stock has held up so well, but it has.

I like PING!
Ping Identity price target raised to $38 from $32 at Wells Fargo 07:43 PING

PING$ 28 + 5%

.

The Ping!
PING>>>> $27