How's it Amazon proof?
I gotta whole thread here somewhere about the car parts biz.
EDIT: https://www.elitetrader.com/et/threads/azo.306182/page-4#post-4933273
Last edited:
Ideas For Now-
- Thread starter stonedinvestor
- Start date
I gotta whole thread here somewhere about the car parts biz.
EDIT: https://www.elitetrader.com/et/threads/azo.306182/page-4#post-4933273
To be honest Stoney... and I'm glad you brought it up... I was just looking and I think I'm going to add $GPC to the G4G portfolio. Its a better way to play the automotive aftermarket game.
It's at $101 on light volume. Its been consolidating and its due for an upside break, as long as things stay decent bigger picture-wise.
It's at $101 on light volume. Its been consolidating and its due for an upside break, as long as things stay decent bigger picture-wise.
It's Amazon proof because car guys don't order parts from Amazon who sources wherever...
They have their web sites that they go to and get the brand names they can trust. Plus the hard to find parts on older cars that's not an Amazon market.
GPC- Let me take a peek----
What about Coinbase?
Microstrategy's big Bitcoin buy executed by Coinbase
Dec. 01, 2020 8:23 AM ETCoinbase (COINB)By: Stephen Alpher, SA News Editor18 Comments
They have their web sites that they go to and get the brand names they can trust. Plus the hard to find parts on older cars that's not an Amazon market.
GPC- Let me take a peek----
What about Coinbase?
Microstrategy's big Bitcoin buy executed by Coinbase
Dec. 01, 2020 8:23 AM ETCoinbase (COINB)By: Stephen Alpher, SA News Editor18 Comments
- Coinbase (COINB) was selected as the primary execution partner for Microstrategy's (NASDAQ:MSTR) $425M purchase of Bitcoin (BTC-USD) earlier this year, says the crypto exchange's Brett Tejpaul.
- Tejpaul: "Using our advanced execution capabilities, leading crypto prime brokerage platform, and OTC desk, we were able to buy a significant amount of bitcoin on behalf of MicroStrategy and did so without moving the market." He says the strategy resulted in saving of up to 1%, or $4.25M for Microstrategy.
- Coinbase hopes to similarly serve other corporate treasuries looking to invest some of their assets in crypto.
Is Coinbase a stk? COINB is not coming up for me....
Van that chart of GPC has a lot of chopping to do just above it look at a 5 year -
You need either PRTS or SFT (Shift)
Van that chart of GPC has a lot of chopping to do just above it look at a 5 year -
You need either PRTS or SFT (Shift)
Shift is really interesting they had that insider buying I have to Double check where--
They did some weird financing / Has a great chart and... IT WAS A SPAC!!!! THIS COULD BE OUR FIRST SPAC--- VAN?
Shift Technologies: Gearing up for Further Upside, Says 5-Star Analyst
TipRanks
November 30, 2020, 7:14 PM·
SPACs (special purpose acquisition companies) have been all the rage in 2020, with several high-profile names – DraftKings and Nikola immediately come to mind - using the “blank check” route to go public.
Shift Technologies (SFT) is one of the latest additions to this list. The online used car platform hit the market in mid-October and made an inauspicious start to life as a publicly traded entity; shares dropped nearly 40% over the first five weeks of trading.
Shift’s case wasn’t helped by recent mixed Q3 earnings. While revenue of $59.91 million showed a 30.6% year-over-year increase and beat the estimates by $0.58 million, the company fared badly on the bottom line. EPS came in at -$0.64, missing the Street’s call by $0.47.
However, the stock got a proper boost last week (up 40%) following an announcement that several company executives and board members had purchased shares on the open market. Among them Co-Founder and Co-CEO George Arison, COO Sean Foy, and CRO Mark McCollum.
Investors are obviously happy with this development as it displays a show of confidence from those in the know.
Even so, putting the insider buying to one side, BTIG analyst Marvin Fong believes the company represents an opportunity in an industry worth $840 billion and ripe for disruption.
“The used car market is the largest retail category in the United States, but online penetration is below that of nearly every other major retail vertical,” the 5-star analyst said.
The analyst continued, “While Shift is the No. 3 pure-play in the space, we believe the infrequency of buying a car and the uniqueness of the product (i.e., every used car is unique) limit network effects, providing room for more winners than in other categories where there is a more pronounced winner-take-most dynamic... Despite its attractive growth profile, shares trade at a significant discount to their peers. We believe this positions shares to outperform as that discount narrows and the category continues to grow.”
Accordingly, Fong rates SFT a Buy along with a $18 price target. Investors could be riding gains of a hefty 91%, should Fong’s thesis play out over the next 12 months.
Fong’s colleagues also forecast plenty of upside; The $15.25 average price target suggests share appreciation of 62%. Overall, the analyst consensus rates the stock a Moderate Buy based on 4 Buys and 1 Sell.
They did some weird financing / Has a great chart and... IT WAS A SPAC!!!! THIS COULD BE OUR FIRST SPAC--- VAN?
Shift Technologies: Gearing up for Further Upside, Says 5-Star Analyst
TipRanks
November 30, 2020, 7:14 PM·
SPACs (special purpose acquisition companies) have been all the rage in 2020, with several high-profile names – DraftKings and Nikola immediately come to mind - using the “blank check” route to go public.
Shift Technologies (SFT) is one of the latest additions to this list. The online used car platform hit the market in mid-October and made an inauspicious start to life as a publicly traded entity; shares dropped nearly 40% over the first five weeks of trading.
Shift’s case wasn’t helped by recent mixed Q3 earnings. While revenue of $59.91 million showed a 30.6% year-over-year increase and beat the estimates by $0.58 million, the company fared badly on the bottom line. EPS came in at -$0.64, missing the Street’s call by $0.47.
However, the stock got a proper boost last week (up 40%) following an announcement that several company executives and board members had purchased shares on the open market. Among them Co-Founder and Co-CEO George Arison, COO Sean Foy, and CRO Mark McCollum.
Investors are obviously happy with this development as it displays a show of confidence from those in the know.
Even so, putting the insider buying to one side, BTIG analyst Marvin Fong believes the company represents an opportunity in an industry worth $840 billion and ripe for disruption.
“The used car market is the largest retail category in the United States, but online penetration is below that of nearly every other major retail vertical,” the 5-star analyst said.
The analyst continued, “While Shift is the No. 3 pure-play in the space, we believe the infrequency of buying a car and the uniqueness of the product (i.e., every used car is unique) limit network effects, providing room for more winners than in other categories where there is a more pronounced winner-take-most dynamic... Despite its attractive growth profile, shares trade at a significant discount to their peers. We believe this positions shares to outperform as that discount narrows and the category continues to grow.”
Accordingly, Fong rates SFT a Buy along with a $18 price target. Investors could be riding gains of a hefty 91%, should Fong’s thesis play out over the next 12 months.
Fong’s colleagues also forecast plenty of upside; The $15.25 average price target suggests share appreciation of 62%. Overall, the analyst consensus rates the stock a Moderate Buy based on 4 Buys and 1 Sell.
U.S.-based digital currency exchange Coinbase is reportedly looking to become a publicly-traded company, but not through an initial public offering (IPO).
Three people with knowledge on the matter were quoted by Reuters saying that Coinbase is gearing up for a direct listing. Rather than finding an underwriter and releasing new shares into the market, a direct listing allows a company to release existing shares of the company into the market themselves
Three people with knowledge on the matter were quoted by Reuters saying that Coinbase is gearing up for a direct listing. Rather than finding an underwriter and releasing new shares into the market, a direct listing allows a company to release existing shares of the company into the market themselves
Corsair Gaming, Inc. (CRSR)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
$40.39+2.41 (+6.35%)<----
https://www.fool.com/investing/2020/12/01/reasons-t-mobile-will-outgrow-competition/
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
$40.39+2.41 (+6.35%)<----
https://www.fool.com/investing/2020/12/01/reasons-t-mobile-will-outgrow-competition/
Bitcoin now down 600 somethings..bytes....
XPO Logistics, Inc. (XPO)
NYSE - Nasdaq Real Time Price. Currency in USD
110.54+3.86 (+3.62%)-> Had a 111.50 interday high)
NYSE - Nasdaq Real Time Price. Currency in USD
110.54+3.86 (+3.62%)-> Had a 111.50 interday high)
I like 4K! Not 5G. When I view runway bathing suite lines on youtube which I like to do- the best ones are in 4K so lifelike!
Arlo stock +26%, near two-year high, as 4K cameras appear on Apple store
Dec. 01, 2020 12:11 PM ETArlo Technologies, Inc. (ARLO)
Arlo stock +26%, near two-year high, as 4K cameras appear on Apple store
Dec. 01, 2020 12:11 PM ETArlo Technologies, Inc. (ARLO)
- Arlo Technologies (NYSE:ARLO) is up 26.4% after hitting volatility halts this morning, after its Ultra 4K security cameras have appeared on the Apple Store site.
- The stock has hit its highest point since the beginning of February 2019:
- With a tagline "Only at Apple," the cameras are offered in a two-pack at $549.95 (though stock looks challenged, with delivery "currently unavailable"). But Raymond James notes that Apple isn't a new sales channel for Arlo.
- The cameras promise wire-free ultra-high-definition video in 4K. Arlo offers its "Ultra 2 Spotlight" cameras featuring 4K video on its website, though those are backordered until Dec. 14.
