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Stats: 2,641,194 members, 6,182,279 topics. Date: Saturday, 06 March 2021 at 09:08 AM
|Re: Us Stocks Pick Alert by benedictuyi(m): 8:55am On Feb 23|
Depressed101:Passfolio offers alot of stocks
4 Likes 1 Share
|Re: Us Stocks Pick Alert by Oyindamolah: 9:32am On Feb 23|
-Before you pray you have to believe. Before you speak you need to listen. Before you spend, you need to earn. Before you write or speak, think. Before you quit, try, and not only once, try multiple times and you will achieve your goal!
-Before you die, live!! This once might be one of the most important ones because it's absolutely insane how people forget to live their lives, they are working and working every day and forget the joy they need.
|Re: Us Stocks Pick Alert by Oyindamolah: 9:32am On Feb 23|
Sundial ran out of its cash proceeds in February 2020, just two quarters after its IPO. In response, the company sold a ridiculous amount of stock for capital, far in excess of anything it needed to survive. In August 2020, the pot grower's outstanding shares amounted to less than 200 million. By Feb. 4, 2021, however, its share count had grown to a stunning 1.56 billion.
Bullish investors may point to the facts that Sundial has gotten rid of its debt and has more than CA$672 million in cash and securities as reasons for their enthusiasm. Those are fair points, as emerging marijuana companies often need to raise a large amount of cash before investing in growth operations for a positive return.
The last part, however, is where Sundial falls short. During third-quarter 2020, the company's revenue declined by 36% year over year to CA$12.9 million. Simultaneously, its gross margin fell by 323% from last year's quarter to negative CA$17.29 million. Sundial had to dispose of its Kamloops, British Columbia (BC) facility and suspend operations in its Merritt, BC plant, citing a lack of consumer demand.
Indeed, its quarterly dried cannabis sold fell by 23% compared to Q3 2019, while its products' net selling price dropped by 37% to CA$2.21 per gram in the same period. The company also had to write off CA$20 million in obsolete inventory and take CA$60 million in asset impairments. All things considered, its operating loss amounted to CA$89.2 million in Q3 2020, or almost seven times its revenue.
|Re: Us Stocks Pick Alert by LauraClasikVibe(f): 9:34am On Feb 23|
As many of you know, stocks are volatile.
We’ve seen a lot of volatility over this year alone. Volatility is normal and expected in the stock market.
Stocks often move in the direction that most investors don’t see coming in the short term.
Because of that, the stock market will test you in so many ways.
The best investors keep their emotions out of the market and understand that stock market pull backs and declines are all apart of the game.
|Re: Us Stocks Pick Alert by salanda: 10:00am On Feb 23|
Do they have Airline stocks?
|Re: Us Stocks Pick Alert by benedictuyi(m): 10:55am On Feb 23|
salanda:They do, they have alot of stocks
|Re: Us Stocks Pick Alert by Oyindamolah: 10:58am On Feb 23|
Apex Clearing Corp., a financial technologies firm that focuses on securities custody and clearing, has agreed to go public through a merger with the blank-check company Northern Star Investment Corp. II, according to people familiar with the matter.
The transaction, which could be announced as early as Monday, will be valued at $4.7 billion, the people said, asking not to be identified because the matter is private.
The special purpose acquisition company was started by Jonathan Ledecky, co-owner of the National Hockey League’s New York Islanders.
To support the transaction, the special purpose acquisition company will raise about $450 million from investors including Fidelity Management & Research Co. and Coatue Management, they added.
Officials from Apex, Northern Star and Fidelity declined to comment. Coatue didn’t immediately comment.
The deal will provide about $850 million in gross cash proceeds to Apex, the people added.
Former Cosmopolitan magazine editor-in-chief Joanna Coles will join Apex’s board after the deal closes, they added.
Reported by BNN Bloomberg
|Re: Us Stocks Pick Alert by Oyindamolah: 10:58am On Feb 23|
Toast Inc. is planning an initial public offering that could value the restaurant-software provider at around $20 billion, people familiar with the matter said.
Toast tapped Goldman Sachs Group Inc. and JPMorgan Chase & Co. to underwrite a possible listing later this year, these people said. It could also consider other options including a sale or combination with a blank-check company, some of the people said. There are no guarantees Toast will ultimately go public or pursue another of the options.
In going public, Toast, a 10-year-old company whose valuation has leapt several fold in the past year, would join a red-hot IPO market fueled lately by the high-profile debuts of companies including Affirm Holdings Inc. and Bumble Inc. Shares of both are trading far above their IPO prices, as are those of 2020 predecessors including Airbnb Inc. and DoorDash Inc.
Also powering the record IPO market is a wave of so-called special-purpose acquisition companies, which go public without a business and then hunt for one to merge with. Founded in 2011 by Aman Narang, Jon Grimm and Steve Fredette, Toast provides payment-processing hardware and cloud-based software for restaurants. Aside from core point-of-sale offerings, its products include payroll processing and email marketing, and it also lends to restaurants through Toast Capital. Competitors include Square Inc. and PayPal Holdings Inc.
View all 75 comments
luisinfidel Toast is a terrible software for pos transactions. Nah there’s like a bunch of other companies doing it better already.
|Re: Us Stocks Pick Alert by Oyindamolah: 10:59am On Feb 23|
CEO of Marathon Patent Group Inc Merrick D Okamoto sold 700,000 shares of MARA on 02/18/2021 at an average price of $48.65 a share. The total sale was $34.1 million.
Marathon Patent Group Inc is a patent and patent rights acquisition and licensing company. The company acquires patents and patent rights from their owners including individual inventors to Fortune 500 companies.
|Re: Us Stocks Pick Alert by Tobex4realTobex234(m): 11:01am On Feb 23|
If the CEO is selling, is that not a pointer to sell too lol?
|Re: Us Stocks Pick Alert by Oyindamolah: 11:03am On Feb 23|
What stocks did you trade yesterday?
-Hard day on the market with BIG reds on the tech stocks. Stocks have been falling more days now, will the dip end?
- (CLSN) Receives FDA fast track designation for GEN-1 in Advanced Ovarian Cancer.
- Popular Stocks:
(TSLA) $714.50 -8.55%
(AMC) $6.55 +14.91%
(GME) $46.00 +13.33%
(PLUG) $48.60 -13.04%
(CCIV) $57.37 +8.37%
2 Likes 1 Share
|Re: Us Stocks Pick Alert by LauraClasikVibe(f): 11:12am On Feb 23|
Media companies produce and distribute films, television series, music, books, and radio programming. We’re consuming more and more of their offerings -- the proliferation of mobile devices and digital media outlets has greatly increased screen time over the last decade, and everything that happened on 2020 has only accelerated that trend. Americans now spend over 13 hours per day consuming or interacting with some form of media.
Companies with strong footholds in digital video keep growing their consumer engagement while legacy businesses heavily reliant on older media formats are struggling; as a result, the industry has seen a lot of mergers and acquisitions over the past few years.
|Re: Us Stocks Pick Alert by LauraClasikVibe(f): 11:13am On Feb 23|
● The American love affair with stocks is deepening as everyone from frenetic day-traders to staid institutions dive further into the market. .⠀
● Equity funds are drawing fresh money at an unprecedented pace and hedge funds are boosting their stock exposure to a record. Companies themselves are re-emerging as big buyers, with share repurchases doubling from a year ago.⠀
● The affection underscores growing confidence in an economic recovery, buttressed by government support and vaccines. While aspects of the craze -- the growing obsession with penny stocks and options, primarily -- are the basis for daily warnings about a bubble, bulled-up positioning is proving a sturdy backbone for the rally.⠀
● Up 75% from March, the S&P 500’s gain dwarfs all previous bull markets at this stage of the cycle since the 1930s.⠀
● “It’s been truly amazing,” said Brian Culpepper, a money manager at James Investment Research. “Everyone just thinks the stock market is going to go, go, go,” he added. “Whether it’s herd mentality, or fear of being left behind, that’s what you’re seeing.”⠀
● Dated from the last bear-market bottom, the boom cycle is young -- 11 months, versus five years for the median bull market. But its velocity makes up for the age. The S&P 500’s current peak-to-trough gain already eclipses three other full bull markets. If history is any guide, this one is likely more than half done as the median return of the 13 previous bull cycles was 126%.
|Re: Us Stocks Pick Alert by Oyindamolah: 11:15am On Feb 23|
Ten years in, TransferWise is now Wise,” screams the press release that landed in my in-box late last week. The fintech giant, most recently valued by private investors at $5 billion, is re-branding ahead of an expected IPO.
Of course, the company doesn’t actually make reference to a public listing — for regulatory reasons, it probably shouldn’t even if it wanted to — but the change of name will certainly make for a more streamlined ticker, while more broadly, the new moniker reflects how decade-old TransferWise has long moved beyond B2C international money transfers alone to build what it now dubs a “cross-border payments network”.
“Originally launched in 2011 as a money transfer service for people, the company has expanded to build a cross-border payments network helping to make international banking cheaper, faster and more pleasant for its 10 million personal and business customers,” explains TransferWise.
The company has come far in ten years — you can view an early funding deck here — and today processes £4.5 billion in cross-border transactions every month, claiming to help customers save approximately £1 billion a year in reduced fees compared to using legacy banks
Reported by Tech Crunch
|Re: Us Stocks Pick Alert by Drenimarcus(m): 12:05pm On Feb 23|
This thread is now a cringe to my eyes with these numerous copy and paste. Can we reduce this a bit please?
22 Likes 2 Shares
|Re: Us Stocks Pick Alert by LauraClasikVibe(f): 12:17pm On Feb 23|
You can leave
|Re: Us Stocks Pick Alert by HRproxy: 1:03pm On Feb 23|
|Re: Us Stocks Pick Alert by salanda: 1:03pm On Feb 23|
|Re: Us Stocks Pick Alert by Pascopele: 1:11pm On Feb 23|
This stock thing is not for people with high BP, my first experience with stock, I bought and the 3 days ago and everything went crashing, I bought crypto at 5k after hearing that it could reach 50k and everything went crashing, however I am bothered, how do you cope with such investments
|Re: Us Stocks Pick Alert by Jerry59(m): 1:36pm On Feb 23|
Pascopele:Before i commit my hard earned money i do a thorough research about the company so when price is falling it doesn't move me instead i see it as an opportunity to buy more at a bargain price and also i try to keep my emotions in check
|Re: Us Stocks Pick Alert by suzzyrims: 2:00pm On Feb 23|
Kindly reduce the copy and paste, the thread is gradually losing its value. The thread has always been a platform where people engage in intelligent discourse. It's get boring when you just dump things from all over the internet on the thread.
20 Likes 2 Shares
|Re: Us Stocks Pick Alert by LauraClasikVibe(f): 2:16pm On Feb 23|
|Re: Us Stocks Pick Alert by Olaa123: 3:56pm On Feb 23|
This market nawa ohhhh
|Re: Us Stocks Pick Alert by Kzdguru: 4:08pm On Feb 23|
Red Sea ti take over
|Re: Us Stocks Pick Alert by yom2(m): 4:09pm On Feb 23|
Here goes the hurricane!!
What a manipulation
1 Like 1 Share
|Re: Us Stocks Pick Alert by danifinest(m): 4:10pm On Feb 23|
Olaa123:Very big wah
|Re: Us Stocks Pick Alert by yom2(m): 4:33pm On Feb 23|
Oyindamolah:but let's get down to earth; in this nigeria economy how many hustlers has d money he will not be needing for another 10 years. Except for the lucky ones who's ancestors has bequeathed tons of money. As far as am concerned my horizon don't exceed beyond a year give and take. When am not otedo, dango or abach pikin
|Re: Us Stocks Pick Alert by Leezah(f): 5:32pm On Feb 23|
Kzdguru:This is the best time to buy, Killer zone, aggressively load up.
Instead of getting emotional, just relax & focus on how you can make money/benefit from this market pullback/correction. If you cant see or find opportunity then just relax.
|Re: Us Stocks Pick Alert by Leezah(f): 5:34pm On Feb 23|
yom2:I shared the same thoughts with you
|Re: Us Stocks Pick Alert by benedictuyi(m): 6:21pm On Feb 23|
I want to deposit funds via bank transfer on t212. However, it says invalid bank details when I'm trying to add my bank account. Any help?
|Re: Us Stocks Pick Alert by Tobex4realTobex234(m): 6:36pm On Feb 23|
Add your bank account to where? If you're sending money to T212, shouldn't you be looking for their own account number instead ?
|Re: Us Stocks Pick Alert by benedictuyi(m): 7:12pm On Feb 23|
Tobex4realTobex234:This is what it shows attached below
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