That sly Bezos sure knew something was up. Amazon stock price down and the forecasts are low. Would be surprised of the start of a long downward trend.
Dang. Marin up 40% before earnings. Hope the earnings are good for their sake.
Dasher, thank God you covered those puts! Never hurts to take a profit.
Square released their earnings early yesterday because they're buying Afterpay for $29 billion in stock. Afterpay is the leader in "buy now, pay later" company. It's segment that's growing rapidly. It's basically modern version of store layaway plan except people get the product immediately and pay in installments and pay interest.
Robinhood stock price is getting nice bump today. I'm wondering if there's some revaluation going on with fintech stocks because of Square paying $29 billion for Afterpay. People have to be thinking Robinhood stock is a bargain in comparison since Robinhood market cap was only little over $30 billion. If Afterpay is worth $29 billion in today's market, Robinhood is a steal at $30 billion. At least in my view.
I own shares of both Square and Robinhood. I approve of Square using their high stock price as currency to buy BNPL market leader Afterpay. And I think Robinhood is a bargain compared to other fintech companies.
Anyone invested in green energy (aside from EVs)? SEDG is up 16% and ENPH is up 5%.
In the month of May, utility-scale solar generation exceeded all of 2013's utility-scale solar generation in the U.S.
Everytime I mess with solar stocks I get burned. But my go to stock is CSIQ. Don't ask why, I can tell you.
The concept sounds like the same as Rent-a-Center and Aaron's.Yeah Afterpay is definitely interesting - though it sounds like it's essentially going to entirely rely on a model of depending on people not making their payments, then sending fees and increased interest, credit + collections, etc....
I wonder if they self-collect the debt or sell it off to collect....
The concept sounds like the same as Rent-a-Center and Aaron's.
Meaning it's designed to exploit the lack of frugality and spending discipline that American culture often encourages. But I don't know how Afterpay will be different from the above. There are only so many customers.
So it's basically a credit card. That market seems pretty saturated.Right but it's at the payment side - not at the store level like Rent-a-center, etc...
Also if I'm reading it right... they don't do credit checks, but they do ask questions where they will then approve or not approve of people.
Basically stores like it because people opt to spend more when they aren't burdened into using THEIR actual money, heh.
That ship seems to have sailedDamn you Robinhood! Go back to $33 so I can buy.
That ship seems to have sailed
AMD has been on an absolute tear lately. Wondering if it is time to take a bit of profit..
Today is just small pullback after nice breakout. You have to expect some pullback and consolidation after such huge move. So why sell? You never going to capture everything and time the top and the bottom. Why sell and pay taxes unless you feel AMD as a company peaked and their business prospect going forward will decline over time? If the company is executing and future prospect haven't changed, just stay the course and hold. Sell some far out covered calls if you want but I wouldn't sell. Just IMO.Dammit, maybe I should've taken some AMD profit. Actually, I'm gonna buy more of this dip. I feel AMD market cap is still very low compared to intl and nvda. There's still more upside here. Thoughts?