post_id
string | comment_id
string | comment
string | comment_score
float64 | comment_author
string | comment_created_utc
float64 | post_title
string | post_text
string | post_score
float64 | post_author
string | post_created_utc
float64 | company
string | subreddit
string | post_url
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
wqc37h
|
ikmbz3x
|
A huge company like 3M going bankrupt over earplugs? I doubt it.
| 382 |
JRshoe1997
| 1,660,713,213 |
3M Co. may face more than $100 billion in losses and potential bankruptcy due to faulty earplugs
|
3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.
Initial results from a handful of test cases shows 3M would be swamped by losses should the more than 230,000 lawsuits related to the company’s military earplugs business go forward, the plaintiff’s adviser J.B. Heaton testified in bankruptcy court Tuesday.
“It is more and more likely within the next several years we’ll see a 3M bankruptcy, yes,” Heaton told US Bankruptcy Judge Jeffrey J. Graham during a hearing in federal court in Indianapolis.
“We strongly disagree with this unsupported and clearly flawed speculation,” company communications manager Sean Lynch said in an emailed statement. “3M has committed to provide $1 billion to a trust for claimants determined to be entitled to compensation.”
Some advocates for the suing soldiers want Graham to block 3M from paying any shareholder dividends, buying back any of its stock or spinning off any assets, if the judge also decides to halt the lawsuits.
Restricting how 3M spends its cash will protect money and other assets that could be used to compensate soldiers who have had their hearing damaged by the earplugs, the advocates said in court papers.
The company has a paid shareholders a regular dividend for at least a decade. Currently the quarterly payment is $1.49 per share.
Company lawyers disputed Heaton’s findings during the hearing, arguing that the 19 cases in which juries returned verdicts are outliers and cannot be used to extrapolate results for the other cases. Heaton, a former trial lawyer who now studies corporate litigation, acknowledged that the sample is small and that a judge may conclude $100 billion is not realistic.
3M is in federal court trying to convince Graham to halt the lawsuits while the company’s earplugs subsidiary reorganizes in bankruptcy.
Last month, the company put its Aearo Technologies unit into bankruptcy in Indianapolis as a way to resolve the claims. Under Chapter 11 rules, Aearo is automatically entitled to freeze lawsuits it faces, but because 3M itself didn’t file bankruptcy a judge must agree to give the industrial conglomerate the same protection.
The bankruptcy is Aearo Technologies LLC, 22-02890, United States Bankruptcy Court for the Southern District of Indiana (Indianapolis).
https://finance.yahoo.com/news/3m-faces-100-billion-losses-162828827.html
| 770 |
rockinoutwith2
| 1,660,700,738 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wqc37h/3m_co_may_face_more_than_100_billion_in_losses/
|
wqc37h
|
ikm70r0
|
Hmm. Yeah, they’re going to move this to a favorable circuit and appeal and appeal and appeal and appeal and appeal and appeal and appeal the ruling. And pay out a fraction of that amount in a decade.
So yeah they’re going to be fine.
| 20 |
freakishgnar
| 1,660,710,133 |
3M Co. may face more than $100 billion in losses and potential bankruptcy due to faulty earplugs
|
3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.
Initial results from a handful of test cases shows 3M would be swamped by losses should the more than 230,000 lawsuits related to the company’s military earplugs business go forward, the plaintiff’s adviser J.B. Heaton testified in bankruptcy court Tuesday.
“It is more and more likely within the next several years we’ll see a 3M bankruptcy, yes,” Heaton told US Bankruptcy Judge Jeffrey J. Graham during a hearing in federal court in Indianapolis.
“We strongly disagree with this unsupported and clearly flawed speculation,” company communications manager Sean Lynch said in an emailed statement. “3M has committed to provide $1 billion to a trust for claimants determined to be entitled to compensation.”
Some advocates for the suing soldiers want Graham to block 3M from paying any shareholder dividends, buying back any of its stock or spinning off any assets, if the judge also decides to halt the lawsuits.
Restricting how 3M spends its cash will protect money and other assets that could be used to compensate soldiers who have had their hearing damaged by the earplugs, the advocates said in court papers.
The company has a paid shareholders a regular dividend for at least a decade. Currently the quarterly payment is $1.49 per share.
Company lawyers disputed Heaton’s findings during the hearing, arguing that the 19 cases in which juries returned verdicts are outliers and cannot be used to extrapolate results for the other cases. Heaton, a former trial lawyer who now studies corporate litigation, acknowledged that the sample is small and that a judge may conclude $100 billion is not realistic.
3M is in federal court trying to convince Graham to halt the lawsuits while the company’s earplugs subsidiary reorganizes in bankruptcy.
Last month, the company put its Aearo Technologies unit into bankruptcy in Indianapolis as a way to resolve the claims. Under Chapter 11 rules, Aearo is automatically entitled to freeze lawsuits it faces, but because 3M itself didn’t file bankruptcy a judge must agree to give the industrial conglomerate the same protection.
The bankruptcy is Aearo Technologies LLC, 22-02890, United States Bankruptcy Court for the Southern District of Indiana (Indianapolis).
https://finance.yahoo.com/news/3m-faces-100-billion-losses-162828827.html
| 770 |
rockinoutwith2
| 1,660,700,738 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wqc37h/3m_co_may_face_more_than_100_billion_in_losses/
|
wqc37h
|
ikmiqrj
|
No way dude 3M makes literally everything
| 26 |
donotgogenlty
| 1,660,718,029 |
3M Co. may face more than $100 billion in losses and potential bankruptcy due to faulty earplugs
|
3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.
Initial results from a handful of test cases shows 3M would be swamped by losses should the more than 230,000 lawsuits related to the company’s military earplugs business go forward, the plaintiff’s adviser J.B. Heaton testified in bankruptcy court Tuesday.
“It is more and more likely within the next several years we’ll see a 3M bankruptcy, yes,” Heaton told US Bankruptcy Judge Jeffrey J. Graham during a hearing in federal court in Indianapolis.
“We strongly disagree with this unsupported and clearly flawed speculation,” company communications manager Sean Lynch said in an emailed statement. “3M has committed to provide $1 billion to a trust for claimants determined to be entitled to compensation.”
Some advocates for the suing soldiers want Graham to block 3M from paying any shareholder dividends, buying back any of its stock or spinning off any assets, if the judge also decides to halt the lawsuits.
Restricting how 3M spends its cash will protect money and other assets that could be used to compensate soldiers who have had their hearing damaged by the earplugs, the advocates said in court papers.
The company has a paid shareholders a regular dividend for at least a decade. Currently the quarterly payment is $1.49 per share.
Company lawyers disputed Heaton’s findings during the hearing, arguing that the 19 cases in which juries returned verdicts are outliers and cannot be used to extrapolate results for the other cases. Heaton, a former trial lawyer who now studies corporate litigation, acknowledged that the sample is small and that a judge may conclude $100 billion is not realistic.
3M is in federal court trying to convince Graham to halt the lawsuits while the company’s earplugs subsidiary reorganizes in bankruptcy.
Last month, the company put its Aearo Technologies unit into bankruptcy in Indianapolis as a way to resolve the claims. Under Chapter 11 rules, Aearo is automatically entitled to freeze lawsuits it faces, but because 3M itself didn’t file bankruptcy a judge must agree to give the industrial conglomerate the same protection.
The bankruptcy is Aearo Technologies LLC, 22-02890, United States Bankruptcy Court for the Southern District of Indiana (Indianapolis).
https://finance.yahoo.com/news/3m-faces-100-billion-losses-162828827.html
| 770 |
rockinoutwith2
| 1,660,700,738 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wqc37h/3m_co_may_face_more_than_100_billion_in_losses/
|
wqc37h
|
ikmklbi
|
Lmao. 3m is certainly going bankrupt my ass
The author makes a lot of claims in absolute. I hope those effected get their money. And I'm still going to hold the little 3m that I have
| 12 |
NastyMonkeyKing
| 1,660,719,459 |
3M Co. may face more than $100 billion in losses and potential bankruptcy due to faulty earplugs
|
3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.
Initial results from a handful of test cases shows 3M would be swamped by losses should the more than 230,000 lawsuits related to the company’s military earplugs business go forward, the plaintiff’s adviser J.B. Heaton testified in bankruptcy court Tuesday.
“It is more and more likely within the next several years we’ll see a 3M bankruptcy, yes,” Heaton told US Bankruptcy Judge Jeffrey J. Graham during a hearing in federal court in Indianapolis.
“We strongly disagree with this unsupported and clearly flawed speculation,” company communications manager Sean Lynch said in an emailed statement. “3M has committed to provide $1 billion to a trust for claimants determined to be entitled to compensation.”
Some advocates for the suing soldiers want Graham to block 3M from paying any shareholder dividends, buying back any of its stock or spinning off any assets, if the judge also decides to halt the lawsuits.
Restricting how 3M spends its cash will protect money and other assets that could be used to compensate soldiers who have had their hearing damaged by the earplugs, the advocates said in court papers.
The company has a paid shareholders a regular dividend for at least a decade. Currently the quarterly payment is $1.49 per share.
Company lawyers disputed Heaton’s findings during the hearing, arguing that the 19 cases in which juries returned verdicts are outliers and cannot be used to extrapolate results for the other cases. Heaton, a former trial lawyer who now studies corporate litigation, acknowledged that the sample is small and that a judge may conclude $100 billion is not realistic.
3M is in federal court trying to convince Graham to halt the lawsuits while the company’s earplugs subsidiary reorganizes in bankruptcy.
Last month, the company put its Aearo Technologies unit into bankruptcy in Indianapolis as a way to resolve the claims. Under Chapter 11 rules, Aearo is automatically entitled to freeze lawsuits it faces, but because 3M itself didn’t file bankruptcy a judge must agree to give the industrial conglomerate the same protection.
The bankruptcy is Aearo Technologies LLC, 22-02890, United States Bankruptcy Court for the Southern District of Indiana (Indianapolis).
https://finance.yahoo.com/news/3m-faces-100-billion-losses-162828827.html
| 770 |
rockinoutwith2
| 1,660,700,738 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wqc37h/3m_co_may_face_more_than_100_billion_in_losses/
|
wqc37h
|
ikmbn7h
|
It has paid and increased its dividend for more than a five decades lol, not just one.
And they pretty much already handled this, they're spinning off the earplugs department and bankrupting it, so it won't likely effect the rest.
| 12 |
jesperbj
| 1,660,712,994 |
3M Co. may face more than $100 billion in losses and potential bankruptcy due to faulty earplugs
|
3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.
Initial results from a handful of test cases shows 3M would be swamped by losses should the more than 230,000 lawsuits related to the company’s military earplugs business go forward, the plaintiff’s adviser J.B. Heaton testified in bankruptcy court Tuesday.
“It is more and more likely within the next several years we’ll see a 3M bankruptcy, yes,” Heaton told US Bankruptcy Judge Jeffrey J. Graham during a hearing in federal court in Indianapolis.
“We strongly disagree with this unsupported and clearly flawed speculation,” company communications manager Sean Lynch said in an emailed statement. “3M has committed to provide $1 billion to a trust for claimants determined to be entitled to compensation.”
Some advocates for the suing soldiers want Graham to block 3M from paying any shareholder dividends, buying back any of its stock or spinning off any assets, if the judge also decides to halt the lawsuits.
Restricting how 3M spends its cash will protect money and other assets that could be used to compensate soldiers who have had their hearing damaged by the earplugs, the advocates said in court papers.
The company has a paid shareholders a regular dividend for at least a decade. Currently the quarterly payment is $1.49 per share.
Company lawyers disputed Heaton’s findings during the hearing, arguing that the 19 cases in which juries returned verdicts are outliers and cannot be used to extrapolate results for the other cases. Heaton, a former trial lawyer who now studies corporate litigation, acknowledged that the sample is small and that a judge may conclude $100 billion is not realistic.
3M is in federal court trying to convince Graham to halt the lawsuits while the company’s earplugs subsidiary reorganizes in bankruptcy.
Last month, the company put its Aearo Technologies unit into bankruptcy in Indianapolis as a way to resolve the claims. Under Chapter 11 rules, Aearo is automatically entitled to freeze lawsuits it faces, but because 3M itself didn’t file bankruptcy a judge must agree to give the industrial conglomerate the same protection.
The bankruptcy is Aearo Technologies LLC, 22-02890, United States Bankruptcy Court for the Southern District of Indiana (Indianapolis).
https://finance.yahoo.com/news/3m-faces-100-billion-losses-162828827.html
| 770 |
rockinoutwith2
| 1,660,700,738 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wqc37h/3m_co_may_face_more_than_100_billion_in_losses/
|
wqc37h
|
ikm4ua3
|
Aren't they also being sued for env contamination in Europe from the scotchguard plant?
| 5 |
Loud_Pain4747
| 1,660,708,909 |
3M Co. may face more than $100 billion in losses and potential bankruptcy due to faulty earplugs
|
3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.
Initial results from a handful of test cases shows 3M would be swamped by losses should the more than 230,000 lawsuits related to the company’s military earplugs business go forward, the plaintiff’s adviser J.B. Heaton testified in bankruptcy court Tuesday.
“It is more and more likely within the next several years we’ll see a 3M bankruptcy, yes,” Heaton told US Bankruptcy Judge Jeffrey J. Graham during a hearing in federal court in Indianapolis.
“We strongly disagree with this unsupported and clearly flawed speculation,” company communications manager Sean Lynch said in an emailed statement. “3M has committed to provide $1 billion to a trust for claimants determined to be entitled to compensation.”
Some advocates for the suing soldiers want Graham to block 3M from paying any shareholder dividends, buying back any of its stock or spinning off any assets, if the judge also decides to halt the lawsuits.
Restricting how 3M spends its cash will protect money and other assets that could be used to compensate soldiers who have had their hearing damaged by the earplugs, the advocates said in court papers.
The company has a paid shareholders a regular dividend for at least a decade. Currently the quarterly payment is $1.49 per share.
Company lawyers disputed Heaton’s findings during the hearing, arguing that the 19 cases in which juries returned verdicts are outliers and cannot be used to extrapolate results for the other cases. Heaton, a former trial lawyer who now studies corporate litigation, acknowledged that the sample is small and that a judge may conclude $100 billion is not realistic.
3M is in federal court trying to convince Graham to halt the lawsuits while the company’s earplugs subsidiary reorganizes in bankruptcy.
Last month, the company put its Aearo Technologies unit into bankruptcy in Indianapolis as a way to resolve the claims. Under Chapter 11 rules, Aearo is automatically entitled to freeze lawsuits it faces, but because 3M itself didn’t file bankruptcy a judge must agree to give the industrial conglomerate the same protection.
The bankruptcy is Aearo Technologies LLC, 22-02890, United States Bankruptcy Court for the Southern District of Indiana (Indianapolis).
https://finance.yahoo.com/news/3m-faces-100-billion-losses-162828827.html
| 770 |
rockinoutwith2
| 1,660,700,738 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wqc37h/3m_co_may_face_more_than_100_billion_in_losses/
|
wqc37h
|
iklxnac
|
Ahh now THAT explains their spin off of the healthcare company
They thought they were involved in medicine, but now they’re tied to the COST OF MEDICINE TO THE CONSUMER. Note the price tag on that lawsuit, kids. Outrageous treatment prices are the cause.
| 6 |
Painty_The_Pirate
| 1,660,705,180 |
3M Co. may face more than $100 billion in losses and potential bankruptcy due to faulty earplugs
|
3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.
Initial results from a handful of test cases shows 3M would be swamped by losses should the more than 230,000 lawsuits related to the company’s military earplugs business go forward, the plaintiff’s adviser J.B. Heaton testified in bankruptcy court Tuesday.
“It is more and more likely within the next several years we’ll see a 3M bankruptcy, yes,” Heaton told US Bankruptcy Judge Jeffrey J. Graham during a hearing in federal court in Indianapolis.
“We strongly disagree with this unsupported and clearly flawed speculation,” company communications manager Sean Lynch said in an emailed statement. “3M has committed to provide $1 billion to a trust for claimants determined to be entitled to compensation.”
Some advocates for the suing soldiers want Graham to block 3M from paying any shareholder dividends, buying back any of its stock or spinning off any assets, if the judge also decides to halt the lawsuits.
Restricting how 3M spends its cash will protect money and other assets that could be used to compensate soldiers who have had their hearing damaged by the earplugs, the advocates said in court papers.
The company has a paid shareholders a regular dividend for at least a decade. Currently the quarterly payment is $1.49 per share.
Company lawyers disputed Heaton’s findings during the hearing, arguing that the 19 cases in which juries returned verdicts are outliers and cannot be used to extrapolate results for the other cases. Heaton, a former trial lawyer who now studies corporate litigation, acknowledged that the sample is small and that a judge may conclude $100 billion is not realistic.
3M is in federal court trying to convince Graham to halt the lawsuits while the company’s earplugs subsidiary reorganizes in bankruptcy.
Last month, the company put its Aearo Technologies unit into bankruptcy in Indianapolis as a way to resolve the claims. Under Chapter 11 rules, Aearo is automatically entitled to freeze lawsuits it faces, but because 3M itself didn’t file bankruptcy a judge must agree to give the industrial conglomerate the same protection.
The bankruptcy is Aearo Technologies LLC, 22-02890, United States Bankruptcy Court for the Southern District of Indiana (Indianapolis).
https://finance.yahoo.com/news/3m-faces-100-billion-losses-162828827.html
| 770 |
rockinoutwith2
| 1,660,700,738 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wqc37h/3m_co_may_face_more_than_100_billion_in_losses/
|
wqc37h
|
ikmj108
|
No chance, ear plugs have to be put in correctly, so they’ll have to prove it wasn’t incorrectly worn, also ear plugs are only for around 60db, higher levels require ear defenders and or both.
| 5 |
PrismosPickleJar
| 1,660,718,246 |
3M Co. may face more than $100 billion in losses and potential bankruptcy due to faulty earplugs
|
3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.
Initial results from a handful of test cases shows 3M would be swamped by losses should the more than 230,000 lawsuits related to the company’s military earplugs business go forward, the plaintiff’s adviser J.B. Heaton testified in bankruptcy court Tuesday.
“It is more and more likely within the next several years we’ll see a 3M bankruptcy, yes,” Heaton told US Bankruptcy Judge Jeffrey J. Graham during a hearing in federal court in Indianapolis.
“We strongly disagree with this unsupported and clearly flawed speculation,” company communications manager Sean Lynch said in an emailed statement. “3M has committed to provide $1 billion to a trust for claimants determined to be entitled to compensation.”
Some advocates for the suing soldiers want Graham to block 3M from paying any shareholder dividends, buying back any of its stock or spinning off any assets, if the judge also decides to halt the lawsuits.
Restricting how 3M spends its cash will protect money and other assets that could be used to compensate soldiers who have had their hearing damaged by the earplugs, the advocates said in court papers.
The company has a paid shareholders a regular dividend for at least a decade. Currently the quarterly payment is $1.49 per share.
Company lawyers disputed Heaton’s findings during the hearing, arguing that the 19 cases in which juries returned verdicts are outliers and cannot be used to extrapolate results for the other cases. Heaton, a former trial lawyer who now studies corporate litigation, acknowledged that the sample is small and that a judge may conclude $100 billion is not realistic.
3M is in federal court trying to convince Graham to halt the lawsuits while the company’s earplugs subsidiary reorganizes in bankruptcy.
Last month, the company put its Aearo Technologies unit into bankruptcy in Indianapolis as a way to resolve the claims. Under Chapter 11 rules, Aearo is automatically entitled to freeze lawsuits it faces, but because 3M itself didn’t file bankruptcy a judge must agree to give the industrial conglomerate the same protection.
The bankruptcy is Aearo Technologies LLC, 22-02890, United States Bankruptcy Court for the Southern District of Indiana (Indianapolis).
https://finance.yahoo.com/news/3m-faces-100-billion-losses-162828827.html
| 770 |
rockinoutwith2
| 1,660,700,738 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wqc37h/3m_co_may_face_more_than_100_billion_in_losses/
|
wpslj4
|
ilhn15k
|
Man, I love Reddit. And this is why. I *tried* to make sense out of the offer that they sent me and ended up with a headache. This? This is a straightforward explanation.
I think I'll be hanging on to my 3M stock, but I'm commenting mainly so that I can easily stop back by here and see if anyone has come up with a reason not to.
| 11 |
secondarycontrol
| 1,661,279,692 |
Notification from broker on 3M, exchange for Neogen - doesn't seem worth it.
|
OK, I found it - as below. Is anyone taking up 3M up on the Neogen stock? Neogen P/E ratio as of this morning is pretty damned high. P/E ratio 49.82
Key elements of the exchange offer include:
* 3M stockholders have the option to exchange some, all or none of their shares of 3M common stock for shares of common stock of SpinCo, subject to proration as described below. Shares of SpinCo common stock will convert automatically into the right to receive shares of Neogen common stock at the closing of the Merger, which is expected to occur promptly after completion of the exchange offer.
* Tendering 3M stockholders are expected to receive approximately $107.53 of Neogen common stock for every $100.00 of shares of 3M common stock tendered and accepted in the exchange offer, subject to the upper limit described below.
* 3M will determine the prices at which shares of 3M common stock and shares of SpinCo common stock (and ultimately shares of Neogen common stock) will be exchanged by reference to the simple arithmetic average of the daily volume-weighted average prices of shares of 3M common stock on the New York Stock Exchange and shares of Neogen common stock on the Nasdaq Global Select Market on each of the last three full trading days ending on and including the second full trading day prior to the expiration date of the exchange offer (which are currently expected to be August 25, August 26 and August 29, 2022).
* 3M currently expects that approximately 108.3 million shares of SpinCo common stock will be available in the exchange offer, with the final number dependent on the number of outstanding shares of Neogen common stock outstanding immediately prior to the closing of the Merger. The number of shares of 3M common stock that will be accepted in the exchange offer will depend on the final exchange ratio, the number of shares of SpinCo common stock offered and the number of shares of 3M common stock tendered. Based on recent trading prices of shares of 3M common stock and Neogen common stock, and assuming the issuance of 108.3 million shares of SpinCo common stock, if the exchange offer were fully subscribed, approximately 15.7 million shares of 3M common stock would be accepted for exchange in the exchange offer.
* The exchange offer and withdrawal rights are scheduled to expire at 11:59 p.m., New York City time, on August 31, 2022, unless the exchange offer is extended or terminated.
\------------
| 25 |
HaveBlue_2
| 1,660,651,612 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wpslj4/notification_from_broker_on_3m_exchange_for/
|
wpslj4
|
ikkfzf2
|
So if you do nothing you just keep your 3M stock?
| 8 |
accrock
| 1,660,681,876 |
Notification from broker on 3M, exchange for Neogen - doesn't seem worth it.
|
OK, I found it - as below. Is anyone taking up 3M up on the Neogen stock? Neogen P/E ratio as of this morning is pretty damned high. P/E ratio 49.82
Key elements of the exchange offer include:
* 3M stockholders have the option to exchange some, all or none of their shares of 3M common stock for shares of common stock of SpinCo, subject to proration as described below. Shares of SpinCo common stock will convert automatically into the right to receive shares of Neogen common stock at the closing of the Merger, which is expected to occur promptly after completion of the exchange offer.
* Tendering 3M stockholders are expected to receive approximately $107.53 of Neogen common stock for every $100.00 of shares of 3M common stock tendered and accepted in the exchange offer, subject to the upper limit described below.
* 3M will determine the prices at which shares of 3M common stock and shares of SpinCo common stock (and ultimately shares of Neogen common stock) will be exchanged by reference to the simple arithmetic average of the daily volume-weighted average prices of shares of 3M common stock on the New York Stock Exchange and shares of Neogen common stock on the Nasdaq Global Select Market on each of the last three full trading days ending on and including the second full trading day prior to the expiration date of the exchange offer (which are currently expected to be August 25, August 26 and August 29, 2022).
* 3M currently expects that approximately 108.3 million shares of SpinCo common stock will be available in the exchange offer, with the final number dependent on the number of outstanding shares of Neogen common stock outstanding immediately prior to the closing of the Merger. The number of shares of 3M common stock that will be accepted in the exchange offer will depend on the final exchange ratio, the number of shares of SpinCo common stock offered and the number of shares of 3M common stock tendered. Based on recent trading prices of shares of 3M common stock and Neogen common stock, and assuming the issuance of 108.3 million shares of SpinCo common stock, if the exchange offer were fully subscribed, approximately 15.7 million shares of 3M common stock would be accepted for exchange in the exchange offer.
* The exchange offer and withdrawal rights are scheduled to expire at 11:59 p.m., New York City time, on August 31, 2022, unless the exchange offer is extended or terminated.
\------------
| 25 |
HaveBlue_2
| 1,660,651,612 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wpslj4/notification_from_broker_on_3m_exchange_for/
|
wpslj4
|
il1l6oa
|
I hold solely 3M for their high dividends. Does any expert here have an idea what the impact to dividends is? I’m biased to keep my 3M.
| 6 |
toBiG1
| 1,660,983,675 |
Notification from broker on 3M, exchange for Neogen - doesn't seem worth it.
|
OK, I found it - as below. Is anyone taking up 3M up on the Neogen stock? Neogen P/E ratio as of this morning is pretty damned high. P/E ratio 49.82
Key elements of the exchange offer include:
* 3M stockholders have the option to exchange some, all or none of their shares of 3M common stock for shares of common stock of SpinCo, subject to proration as described below. Shares of SpinCo common stock will convert automatically into the right to receive shares of Neogen common stock at the closing of the Merger, which is expected to occur promptly after completion of the exchange offer.
* Tendering 3M stockholders are expected to receive approximately $107.53 of Neogen common stock for every $100.00 of shares of 3M common stock tendered and accepted in the exchange offer, subject to the upper limit described below.
* 3M will determine the prices at which shares of 3M common stock and shares of SpinCo common stock (and ultimately shares of Neogen common stock) will be exchanged by reference to the simple arithmetic average of the daily volume-weighted average prices of shares of 3M common stock on the New York Stock Exchange and shares of Neogen common stock on the Nasdaq Global Select Market on each of the last three full trading days ending on and including the second full trading day prior to the expiration date of the exchange offer (which are currently expected to be August 25, August 26 and August 29, 2022).
* 3M currently expects that approximately 108.3 million shares of SpinCo common stock will be available in the exchange offer, with the final number dependent on the number of outstanding shares of Neogen common stock outstanding immediately prior to the closing of the Merger. The number of shares of 3M common stock that will be accepted in the exchange offer will depend on the final exchange ratio, the number of shares of SpinCo common stock offered and the number of shares of 3M common stock tendered. Based on recent trading prices of shares of 3M common stock and Neogen common stock, and assuming the issuance of 108.3 million shares of SpinCo common stock, if the exchange offer were fully subscribed, approximately 15.7 million shares of 3M common stock would be accepted for exchange in the exchange offer.
* The exchange offer and withdrawal rights are scheduled to expire at 11:59 p.m., New York City time, on August 31, 2022, unless the exchange offer is extended or terminated.
\------------
| 25 |
HaveBlue_2
| 1,660,651,612 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wpslj4/notification_from_broker_on_3m_exchange_for/
|
wpslj4
|
ikicirx
|
i wouldn't be interested in it either. 3m is a good hold regardless of this spinoff merger
| 9 |
maz-o
| 1,660,651,856 |
Notification from broker on 3M, exchange for Neogen - doesn't seem worth it.
|
OK, I found it - as below. Is anyone taking up 3M up on the Neogen stock? Neogen P/E ratio as of this morning is pretty damned high. P/E ratio 49.82
Key elements of the exchange offer include:
* 3M stockholders have the option to exchange some, all or none of their shares of 3M common stock for shares of common stock of SpinCo, subject to proration as described below. Shares of SpinCo common stock will convert automatically into the right to receive shares of Neogen common stock at the closing of the Merger, which is expected to occur promptly after completion of the exchange offer.
* Tendering 3M stockholders are expected to receive approximately $107.53 of Neogen common stock for every $100.00 of shares of 3M common stock tendered and accepted in the exchange offer, subject to the upper limit described below.
* 3M will determine the prices at which shares of 3M common stock and shares of SpinCo common stock (and ultimately shares of Neogen common stock) will be exchanged by reference to the simple arithmetic average of the daily volume-weighted average prices of shares of 3M common stock on the New York Stock Exchange and shares of Neogen common stock on the Nasdaq Global Select Market on each of the last three full trading days ending on and including the second full trading day prior to the expiration date of the exchange offer (which are currently expected to be August 25, August 26 and August 29, 2022).
* 3M currently expects that approximately 108.3 million shares of SpinCo common stock will be available in the exchange offer, with the final number dependent on the number of outstanding shares of Neogen common stock outstanding immediately prior to the closing of the Merger. The number of shares of 3M common stock that will be accepted in the exchange offer will depend on the final exchange ratio, the number of shares of SpinCo common stock offered and the number of shares of 3M common stock tendered. Based on recent trading prices of shares of 3M common stock and Neogen common stock, and assuming the issuance of 108.3 million shares of SpinCo common stock, if the exchange offer were fully subscribed, approximately 15.7 million shares of 3M common stock would be accepted for exchange in the exchange offer.
* The exchange offer and withdrawal rights are scheduled to expire at 11:59 p.m., New York City time, on August 31, 2022, unless the exchange offer is extended or terminated.
\------------
| 25 |
HaveBlue_2
| 1,660,651,612 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wpslj4/notification_from_broker_on_3m_exchange_for/
|
wou7sx
|
ikd091s
|
3 million in all of its history...and poised to achieve a 2 million run rate (or at the very least close to that) by the end of the year.
| 46 |
iqisoverrated
| 1,660,554,297 |
Tesla has built 3 million vehicles, a third of those in China, Elon Musk says
|
Tesla Inc. has produced more than 3 million vehicles, and a third of them have been built in China, according to Elon Musk. On Sunday, the Tesla chief executive congratulated the company’s Shanghai “gigafactory” in a tweet: “Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M.”
The milestone came just a few weeks after Musk said Tesla’s factory in Fremont, Calif., produced its 2 millionth vehicle. Tesla also has new factories in Austin, Texas, and Berlin, which Musk in June referred to as “money furnaces.” The Shanghai factory opened in 2018, but it has been plagued by temporary shutdowns due to COVID-19 restrictions and parts shortages. In July, Tesla said it delivered nearly 255,000 vehicles in the second quarter, down about 18% from the previous quarter. Still, the electric-auto maker beat Wall Street’s expectations in its second-quarter earnings, defying projections that Shanghai shutdowns would hurt its bottom line.
When earnings were released, Musk said the company had been in “supply-chain hell for several years,” but barring a surprise, “we have the potential for a record-breaking second half of the year.”
In that report, Tesla said the Shanghai factory achieved “the highest vehicle production month in our history” in June. Tesla shares TSLA, +4.68% have rallied 25% over the past month, as it gets set for a 3-for-1 stock split Aug. 24, but they are still down about 15% year to date, compared to the S&P 500’s SPX, +1.73% 10% decline this year.
| 545 |
nickytotherescue
| 1,660,552,166 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wou7sx/tesla_has_built_3_million_vehicles_a_third_of/
|
wou7sx
|
ikd7dwr
|
So, is that good or bad with all the china hate and fear of escalation?
| 14 |
masteroflich
| 1,660,559,927 |
Tesla has built 3 million vehicles, a third of those in China, Elon Musk says
|
Tesla Inc. has produced more than 3 million vehicles, and a third of them have been built in China, according to Elon Musk. On Sunday, the Tesla chief executive congratulated the company’s Shanghai “gigafactory” in a tweet: “Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M.”
The milestone came just a few weeks after Musk said Tesla’s factory in Fremont, Calif., produced its 2 millionth vehicle. Tesla also has new factories in Austin, Texas, and Berlin, which Musk in June referred to as “money furnaces.” The Shanghai factory opened in 2018, but it has been plagued by temporary shutdowns due to COVID-19 restrictions and parts shortages. In July, Tesla said it delivered nearly 255,000 vehicles in the second quarter, down about 18% from the previous quarter. Still, the electric-auto maker beat Wall Street’s expectations in its second-quarter earnings, defying projections that Shanghai shutdowns would hurt its bottom line.
When earnings were released, Musk said the company had been in “supply-chain hell for several years,” but barring a surprise, “we have the potential for a record-breaking second half of the year.”
In that report, Tesla said the Shanghai factory achieved “the highest vehicle production month in our history” in June. Tesla shares TSLA, +4.68% have rallied 25% over the past month, as it gets set for a 3-for-1 stock split Aug. 24, but they are still down about 15% year to date, compared to the S&P 500’s SPX, +1.73% 10% decline this year.
| 545 |
nickytotherescue
| 1,660,552,166 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wou7sx/tesla_has_built_3_million_vehicles_a_third_of/
|
wou7sx
|
ikdbnzg
|
When we hit Q3/Q4 2023 the writing will really be on the wall and FOMO will kick in hard.
| 8 |
SkynetProgrammer
| 1,660,562,855 |
Tesla has built 3 million vehicles, a third of those in China, Elon Musk says
|
Tesla Inc. has produced more than 3 million vehicles, and a third of them have been built in China, according to Elon Musk. On Sunday, the Tesla chief executive congratulated the company’s Shanghai “gigafactory” in a tweet: “Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M.”
The milestone came just a few weeks after Musk said Tesla’s factory in Fremont, Calif., produced its 2 millionth vehicle. Tesla also has new factories in Austin, Texas, and Berlin, which Musk in June referred to as “money furnaces.” The Shanghai factory opened in 2018, but it has been plagued by temporary shutdowns due to COVID-19 restrictions and parts shortages. In July, Tesla said it delivered nearly 255,000 vehicles in the second quarter, down about 18% from the previous quarter. Still, the electric-auto maker beat Wall Street’s expectations in its second-quarter earnings, defying projections that Shanghai shutdowns would hurt its bottom line.
When earnings were released, Musk said the company had been in “supply-chain hell for several years,” but barring a surprise, “we have the potential for a record-breaking second half of the year.”
In that report, Tesla said the Shanghai factory achieved “the highest vehicle production month in our history” in June. Tesla shares TSLA, +4.68% have rallied 25% over the past month, as it gets set for a 3-for-1 stock split Aug. 24, but they are still down about 15% year to date, compared to the S&P 500’s SPX, +1.73% 10% decline this year.
| 545 |
nickytotherescue
| 1,660,552,166 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wou7sx/tesla_has_built_3_million_vehicles_a_third_of/
|
wou7sx
|
ikdggm2
|
Why would anyone pay premium for a made in China car?
| 16 |
PilbaraWanderer
| 1,660,565,733 |
Tesla has built 3 million vehicles, a third of those in China, Elon Musk says
|
Tesla Inc. has produced more than 3 million vehicles, and a third of them have been built in China, according to Elon Musk. On Sunday, the Tesla chief executive congratulated the company’s Shanghai “gigafactory” in a tweet: “Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M.”
The milestone came just a few weeks after Musk said Tesla’s factory in Fremont, Calif., produced its 2 millionth vehicle. Tesla also has new factories in Austin, Texas, and Berlin, which Musk in June referred to as “money furnaces.” The Shanghai factory opened in 2018, but it has been plagued by temporary shutdowns due to COVID-19 restrictions and parts shortages. In July, Tesla said it delivered nearly 255,000 vehicles in the second quarter, down about 18% from the previous quarter. Still, the electric-auto maker beat Wall Street’s expectations in its second-quarter earnings, defying projections that Shanghai shutdowns would hurt its bottom line.
When earnings were released, Musk said the company had been in “supply-chain hell for several years,” but barring a surprise, “we have the potential for a record-breaking second half of the year.”
In that report, Tesla said the Shanghai factory achieved “the highest vehicle production month in our history” in June. Tesla shares TSLA, +4.68% have rallied 25% over the past month, as it gets set for a 3-for-1 stock split Aug. 24, but they are still down about 15% year to date, compared to the S&P 500’s SPX, +1.73% 10% decline this year.
| 545 |
nickytotherescue
| 1,660,552,166 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wou7sx/tesla_has_built_3_million_vehicles_a_third_of/
|
wou7sx
|
ikd38d1
|
Also worth noting that over 1.1 million of those were in the last year. A number that will keep climbing rapidly as every new quarter comes
| 6 |
tanrgith
| 1,660,556,726 |
Tesla has built 3 million vehicles, a third of those in China, Elon Musk says
|
Tesla Inc. has produced more than 3 million vehicles, and a third of them have been built in China, according to Elon Musk. On Sunday, the Tesla chief executive congratulated the company’s Shanghai “gigafactory” in a tweet: “Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M.”
The milestone came just a few weeks after Musk said Tesla’s factory in Fremont, Calif., produced its 2 millionth vehicle. Tesla also has new factories in Austin, Texas, and Berlin, which Musk in June referred to as “money furnaces.” The Shanghai factory opened in 2018, but it has been plagued by temporary shutdowns due to COVID-19 restrictions and parts shortages. In July, Tesla said it delivered nearly 255,000 vehicles in the second quarter, down about 18% from the previous quarter. Still, the electric-auto maker beat Wall Street’s expectations in its second-quarter earnings, defying projections that Shanghai shutdowns would hurt its bottom line.
When earnings were released, Musk said the company had been in “supply-chain hell for several years,” but barring a surprise, “we have the potential for a record-breaking second half of the year.”
In that report, Tesla said the Shanghai factory achieved “the highest vehicle production month in our history” in June. Tesla shares TSLA, +4.68% have rallied 25% over the past month, as it gets set for a 3-for-1 stock split Aug. 24, but they are still down about 15% year to date, compared to the S&P 500’s SPX, +1.73% 10% decline this year.
| 545 |
nickytotherescue
| 1,660,552,166 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wou7sx/tesla_has_built_3_million_vehicles_a_third_of/
|
wkgpog
|
ijndedq
|
Still way way way overpriced at $30 billion.
| 38 |
cbusoh66
| 1,660,087,948 |
Roblox stumbles 16% after bookings decline, user growth misses
|
Roblox (NYSE:RBLX) has tumbled after the release of second-quarter earnings where the company's bookings declined and it reported a bigger loss than expected, and user growth fell short.
Net bookings fell 3.8% to $639.9M, and average daily active users rose just 21% to 52.2M, missing expectations for 54M. Hours engaged rose 16% to 11.3B, and average bookings per DAU fell 21% to $12.25.
For the second quarter, net cash from operations was $26.5M, while free cash flow was -$57.3M.
The company took a "significant COVID bump" in Q4 but have been making sequential improvements since, it says. While the quarterly bookings fell, the June total toward the end of the quarter was up 8% year-over-year to $217M (or up 12% adjusting for currency). May bookings had fallen 9% year-over-year, it said.
As for outlook, it pointed to strong trends in July, when it says bookings fell between $243M-$247M - up 8-10% year-over-year, while the company is expected to post sub-5% growth for the entire third quarter. July DAUs were up 26% to 58.5M, and hours engaged were up 25% to 4.7B. (Average bookings per DAU fell accordingly, to $4.15-$4.22.)
“We are driving record levels of users and engagement globally as we execute on our innovation roadmap and broaden the appeal of Roblox across geographies and age groups,” said CEO David Baszucki. “We continue to make progress on key operational and product initiatives to enhance the long-term value of the Roblox platform.”
The company will be discussing trends in more detail at next month's Investor Day.
| 97 |
rockinoutwith2
| 1,660,084,273 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wkgpog/roblox_stumbles_16_after_bookings_decline_user/
|
wkgpog
|
ijnqtbe
|
The real problem here is the increase in operating expenses and the decrease in DAU. From 54.1 m dau 3 months ago to 52.2 dau now.
Don't get fooled by the 21% increase in Dau compared to 12 months ago. The market doesn't react to "12 months ago" when it comes to active users. It cares about the most recent data compared to the last one.
When a company like this one with an insane "priced in growth" shows a decline in active users it's the beginning of the end, Just like Netflix or Wish .
And yes the average spending of a dau increased from 11.67 3 months ago to 12.25 now but that could be the beginning of the summer so it's not necessarily an improvement. In this case the yoy comparison makes more sense .
| 15 |
DragonfruitTricky826
| 1,660,093,903 |
Roblox stumbles 16% after bookings decline, user growth misses
|
Roblox (NYSE:RBLX) has tumbled after the release of second-quarter earnings where the company's bookings declined and it reported a bigger loss than expected, and user growth fell short.
Net bookings fell 3.8% to $639.9M, and average daily active users rose just 21% to 52.2M, missing expectations for 54M. Hours engaged rose 16% to 11.3B, and average bookings per DAU fell 21% to $12.25.
For the second quarter, net cash from operations was $26.5M, while free cash flow was -$57.3M.
The company took a "significant COVID bump" in Q4 but have been making sequential improvements since, it says. While the quarterly bookings fell, the June total toward the end of the quarter was up 8% year-over-year to $217M (or up 12% adjusting for currency). May bookings had fallen 9% year-over-year, it said.
As for outlook, it pointed to strong trends in July, when it says bookings fell between $243M-$247M - up 8-10% year-over-year, while the company is expected to post sub-5% growth for the entire third quarter. July DAUs were up 26% to 58.5M, and hours engaged were up 25% to 4.7B. (Average bookings per DAU fell accordingly, to $4.15-$4.22.)
“We are driving record levels of users and engagement globally as we execute on our innovation roadmap and broaden the appeal of Roblox across geographies and age groups,” said CEO David Baszucki. “We continue to make progress on key operational and product initiatives to enhance the long-term value of the Roblox platform.”
The company will be discussing trends in more detail at next month's Investor Day.
| 97 |
rockinoutwith2
| 1,660,084,273 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wkgpog/roblox_stumbles_16_after_bookings_decline_user/
|
wkgpog
|
ijom0mf
|
Decent game, but terrible, terrible valuation.
"But kids like it" is not an excuse to buy overvalued memes, you have to think like an investor, not a customer.
Why was this valued at $30B when stuff like TTWO is not only cheaper, but profitable and has more than 1 game?
They're 16 years old, at some point the "growth" story isn't valid anymore and it will drop like SNAP and NFLX.
At this point, everyone's heard of Roblox so they're either dumping money into it now, or they never will. It's not like people have a hard time discovering it.
Of course that's why they waited until almost the end of the tech bubble to DPO so insiders could dump on retail like usual.
I have a PT of $10.
| 8 |
Tfarecnim
| 1,660,109,700 |
Roblox stumbles 16% after bookings decline, user growth misses
|
Roblox (NYSE:RBLX) has tumbled after the release of second-quarter earnings where the company's bookings declined and it reported a bigger loss than expected, and user growth fell short.
Net bookings fell 3.8% to $639.9M, and average daily active users rose just 21% to 52.2M, missing expectations for 54M. Hours engaged rose 16% to 11.3B, and average bookings per DAU fell 21% to $12.25.
For the second quarter, net cash from operations was $26.5M, while free cash flow was -$57.3M.
The company took a "significant COVID bump" in Q4 but have been making sequential improvements since, it says. While the quarterly bookings fell, the June total toward the end of the quarter was up 8% year-over-year to $217M (or up 12% adjusting for currency). May bookings had fallen 9% year-over-year, it said.
As for outlook, it pointed to strong trends in July, when it says bookings fell between $243M-$247M - up 8-10% year-over-year, while the company is expected to post sub-5% growth for the entire third quarter. July DAUs were up 26% to 58.5M, and hours engaged were up 25% to 4.7B. (Average bookings per DAU fell accordingly, to $4.15-$4.22.)
“We are driving record levels of users and engagement globally as we execute on our innovation roadmap and broaden the appeal of Roblox across geographies and age groups,” said CEO David Baszucki. “We continue to make progress on key operational and product initiatives to enhance the long-term value of the Roblox platform.”
The company will be discussing trends in more detail at next month's Investor Day.
| 97 |
rockinoutwith2
| 1,660,084,273 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wkgpog/roblox_stumbles_16_after_bookings_decline_user/
|
wkgpog
|
ijnw4ei
|
On one hand, ouch.
On the other, decent growth and, imo, still good outlook 5 years vista.
| 5 |
Braquiador
| 1,660,096,260 |
Roblox stumbles 16% after bookings decline, user growth misses
|
Roblox (NYSE:RBLX) has tumbled after the release of second-quarter earnings where the company's bookings declined and it reported a bigger loss than expected, and user growth fell short.
Net bookings fell 3.8% to $639.9M, and average daily active users rose just 21% to 52.2M, missing expectations for 54M. Hours engaged rose 16% to 11.3B, and average bookings per DAU fell 21% to $12.25.
For the second quarter, net cash from operations was $26.5M, while free cash flow was -$57.3M.
The company took a "significant COVID bump" in Q4 but have been making sequential improvements since, it says. While the quarterly bookings fell, the June total toward the end of the quarter was up 8% year-over-year to $217M (or up 12% adjusting for currency). May bookings had fallen 9% year-over-year, it said.
As for outlook, it pointed to strong trends in July, when it says bookings fell between $243M-$247M - up 8-10% year-over-year, while the company is expected to post sub-5% growth for the entire third quarter. July DAUs were up 26% to 58.5M, and hours engaged were up 25% to 4.7B. (Average bookings per DAU fell accordingly, to $4.15-$4.22.)
“We are driving record levels of users and engagement globally as we execute on our innovation roadmap and broaden the appeal of Roblox across geographies and age groups,” said CEO David Baszucki. “We continue to make progress on key operational and product initiatives to enhance the long-term value of the Roblox platform.”
The company will be discussing trends in more detail at next month's Investor Day.
| 97 |
rockinoutwith2
| 1,660,084,273 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wkgpog/roblox_stumbles_16_after_bookings_decline_user/
|
wkgpog
|
ijn6wmj
|
I never understood this one. The game sucks...I truly don't get it.
| 14 |
YellsAboutMakingGifs
| 1,660,085,158 |
Roblox stumbles 16% after bookings decline, user growth misses
|
Roblox (NYSE:RBLX) has tumbled after the release of second-quarter earnings where the company's bookings declined and it reported a bigger loss than expected, and user growth fell short.
Net bookings fell 3.8% to $639.9M, and average daily active users rose just 21% to 52.2M, missing expectations for 54M. Hours engaged rose 16% to 11.3B, and average bookings per DAU fell 21% to $12.25.
For the second quarter, net cash from operations was $26.5M, while free cash flow was -$57.3M.
The company took a "significant COVID bump" in Q4 but have been making sequential improvements since, it says. While the quarterly bookings fell, the June total toward the end of the quarter was up 8% year-over-year to $217M (or up 12% adjusting for currency). May bookings had fallen 9% year-over-year, it said.
As for outlook, it pointed to strong trends in July, when it says bookings fell between $243M-$247M - up 8-10% year-over-year, while the company is expected to post sub-5% growth for the entire third quarter. July DAUs were up 26% to 58.5M, and hours engaged were up 25% to 4.7B. (Average bookings per DAU fell accordingly, to $4.15-$4.22.)
“We are driving record levels of users and engagement globally as we execute on our innovation roadmap and broaden the appeal of Roblox across geographies and age groups,” said CEO David Baszucki. “We continue to make progress on key operational and product initiatives to enhance the long-term value of the Roblox platform.”
The company will be discussing trends in more detail at next month's Investor Day.
| 97 |
rockinoutwith2
| 1,660,084,273 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wkgpog/roblox_stumbles_16_after_bookings_decline_user/
|
wga7lx
|
ijzluev
|
So, if I don’t care about the food safety portion of their business I should just do nothing?
| 5 |
IfYouOnlyKnew22
| 1,660,308,774 |
3M Commences Split-Off Exchange Offer for Food Safety Business
|
Today 3M announced "3M Commences Split-Off Exchange Offer for Food Safety Business". May someone, pls, explain what does it mean for those who hold 3M stocks and never faced with this issue. What will be with stock 3M if holder isn't agreed to exchange their common 3M stocks? Does it mean that the price of 3M will go down due to part of company's business is splitting-off?
[https://finance.yahoo.com/news/3m-commences-split-off-exchange-164100919.html](https://finance.yahoo.com/news/3m-commences-split-off-exchange-164100919.html)
Thanks!
| 26 |
gns_a
| 1,659,642,001 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/wga7lx/3m_commences_splitoff_exchange_offer_for_food/
|
w7i1eu
|
ihk8xm3
|
"The forecast is for a 1.6% rate of growth"
The latest update (July 19) of GDPNow from the Atlanta Fed is forecasting a -1.6% decline of GDP.
https://www.atlantafed.org/cqer/research/gdpnow
| 13 |
tehs1mps0ns
| 1,658,746,089 |
Massive week for the markets...here's what's in store
|
It will be a busy week on both the micro and macro fronts. Second-quarter earnings season ramps up, as more than 150 S&P 500 firms report, including Big Tech. The Federal Reserve’s policy committee will announce an interest-rate decision on Wednesday afternoon, and economists will get a look at a bevy of new data.
**Monday 7/25**
Whirlpool, Vodafone Group, Range Resources, Newmont, NXP Semiconductors, and Philips release financial results.
**Tuesday 7/26**
Visa, UPS, Microsoft, Kimberly-Clark, Mondelez International, Unilever, Stryker, 3M, Chipotle Mexican Grill, Skechers, Raytheon Technologies, PulteGroup, Moody’s, McDonald’s, General Motors, Coca-Cola, Alphabet, and General Electric host earnings calls.
The S&P CoreLogic Case-Shiller National Home Price Index for May is released. Home prices are expected to rise 21.1% year over year, compared with April’s 21.2% gain.
The Conference Board releases its Consumer Confidence Index for July. Economists forecast a 97 reading, a drop from June’s 98.7.
The Census Bureau reports new residential home sales data for June. Consensus estimate is for a seasonally adjusted annual rate of 680,000 new units, versus 696,000 in May.
**Wednesday 7/27**
The Federal Open Market Committee announces its monetary-policy decision. The central bank is expected to raise the federal-funds rate by 75 basis points.
Meta Platforms, Bristol Myers Squibb, GSK, Boeing, Teladoc Health, Sherwin-Williams, Qualcomm, Humana, Ford Motor, Genuine Parts, CME Group, General Dynamics, Kraft Heinz, T-Mobile US, Etsy, Spotify Technology, and Danone report financial results.
The Census Bureau releases the preliminary durable goods report for June. Economists forecast that new orders increased 0.3% month over month from May’s 0.81% rise.
**Thursday 7/28**
Apple, [Amazon.com](https://Amazon.com), Samsung Electronics, Harley-Davidson, Volkswagen Group, Tilray Brands, Vivendi, Altria Group, Roku, Pfizer, Merck, Intel, Mastercard, Southwest Airlines, Honeywell International, Shell, and Northrop Grumman report financial results.
The Bureau of Economic Analysis releases its preliminary estimate for second-quarter 2022 gross domestic product. The forecast is for a 1.6% rate of growth, after a 1.6% contraction in the first quarter.
**Friday 7/29**
Weyerhaeuser, Phillips 66, Exxon Mobil, Procter & Gamble, Colgate-Palmolive, Chevron, AbbVie, and Sony discuss financial results.
The BEA reports personal income and spending data for June. Personal income is expected to rise 0.5% month over month, while spending is seen rising 1%. This compares with gains of 0.5% and 0.2%, respectively, in May.
The Federal Reserve reports the core personal-consumption expenditures price index for June. Consensus estimate is for the core PCE index to jump 4.8% year over year, compared with 4.7% in May.
[https://www.marketwatch.com/articles/apple-visa-microsoft-exxon-mobil-chipotle-and-other-stocks-for-investors-to-watch-this-week-51658689226?mod=home-page](https://www.marketwatch.com/articles/apple-visa-microsoft-exxon-mobil-chipotle-and-other-stocks-for-investors-to-watch-this-week-51658689226?mod=home-page)
| 44 |
nickytotherescue
| 1,658,732,578 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/w7i1eu/massive_week_for_the_marketsheres_whats_in_store/
|
w7i1eu
|
ihk74pe
|
And don't forget Erlich Bachman who shagged that billionaire's wife.
| 5 |
corporate_power
| 1,658,744,767 |
Massive week for the markets...here's what's in store
|
It will be a busy week on both the micro and macro fronts. Second-quarter earnings season ramps up, as more than 150 S&P 500 firms report, including Big Tech. The Federal Reserve’s policy committee will announce an interest-rate decision on Wednesday afternoon, and economists will get a look at a bevy of new data.
**Monday 7/25**
Whirlpool, Vodafone Group, Range Resources, Newmont, NXP Semiconductors, and Philips release financial results.
**Tuesday 7/26**
Visa, UPS, Microsoft, Kimberly-Clark, Mondelez International, Unilever, Stryker, 3M, Chipotle Mexican Grill, Skechers, Raytheon Technologies, PulteGroup, Moody’s, McDonald’s, General Motors, Coca-Cola, Alphabet, and General Electric host earnings calls.
The S&P CoreLogic Case-Shiller National Home Price Index for May is released. Home prices are expected to rise 21.1% year over year, compared with April’s 21.2% gain.
The Conference Board releases its Consumer Confidence Index for July. Economists forecast a 97 reading, a drop from June’s 98.7.
The Census Bureau reports new residential home sales data for June. Consensus estimate is for a seasonally adjusted annual rate of 680,000 new units, versus 696,000 in May.
**Wednesday 7/27**
The Federal Open Market Committee announces its monetary-policy decision. The central bank is expected to raise the federal-funds rate by 75 basis points.
Meta Platforms, Bristol Myers Squibb, GSK, Boeing, Teladoc Health, Sherwin-Williams, Qualcomm, Humana, Ford Motor, Genuine Parts, CME Group, General Dynamics, Kraft Heinz, T-Mobile US, Etsy, Spotify Technology, and Danone report financial results.
The Census Bureau releases the preliminary durable goods report for June. Economists forecast that new orders increased 0.3% month over month from May’s 0.81% rise.
**Thursday 7/28**
Apple, [Amazon.com](https://Amazon.com), Samsung Electronics, Harley-Davidson, Volkswagen Group, Tilray Brands, Vivendi, Altria Group, Roku, Pfizer, Merck, Intel, Mastercard, Southwest Airlines, Honeywell International, Shell, and Northrop Grumman report financial results.
The Bureau of Economic Analysis releases its preliminary estimate for second-quarter 2022 gross domestic product. The forecast is for a 1.6% rate of growth, after a 1.6% contraction in the first quarter.
**Friday 7/29**
Weyerhaeuser, Phillips 66, Exxon Mobil, Procter & Gamble, Colgate-Palmolive, Chevron, AbbVie, and Sony discuss financial results.
The BEA reports personal income and spending data for June. Personal income is expected to rise 0.5% month over month, while spending is seen rising 1%. This compares with gains of 0.5% and 0.2%, respectively, in May.
The Federal Reserve reports the core personal-consumption expenditures price index for June. Consensus estimate is for the core PCE index to jump 4.8% year over year, compared with 4.7% in May.
[https://www.marketwatch.com/articles/apple-visa-microsoft-exxon-mobil-chipotle-and-other-stocks-for-investors-to-watch-this-week-51658689226?mod=home-page](https://www.marketwatch.com/articles/apple-visa-microsoft-exxon-mobil-chipotle-and-other-stocks-for-investors-to-watch-this-week-51658689226?mod=home-page)
| 44 |
nickytotherescue
| 1,658,732,578 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/w7i1eu/massive_week_for_the_marketsheres_whats_in_store/
|
vrez0i
|
ievipmx
|
I like some aspects of this, like the local supply chain and inventory point is really important now we're seeing the bullwhip effect. I'm skeptical of them hitting their Op target unless they increase their own brand share. Thanks for bringing this to my attention!
| 11 |
St3w1e0
| 1,656,974,837 |
Sprouts Farmers Market - Can a boring company can be a good investment? $SFM
|
**Sprouts Farmers Market ($SFM)** is quite a boring company. However, boring companies can turn out to be great investments. Is SFM one of them?
The goal of this post is to analyze the company's fundamentals and provide insights into the business fundamentals, financials as well as valuation. Feel free to disagree with the analysis and share your views.
***Let's get started!***
​
**What is Sprouts Farmers Market?**
In a nutshell, it is a grocery store chain featuring an open layout with fresh produce at its heart. The company sources the produce locally which makes it less exposed to certain global supply chain issues. One of the components of its business model is its distribution centers. The produce from the local farmers initially goes to these centers and then is delivered to the individual stores. They aim to have one within a 250-mile (400 kilometers) radius of all of their stores. Currently, that's the case for 85% of their stores.
​
**How does a grocery store chain grow?**
I always try to simplify the way companies bring revenue in. In this case, the revenue would be equal to the # of stores multiplied by the ARPS (Average revenue per store), plus the eCommerce sales (currently 10% of the total revenue).
Let's start with the number of stores. This number grew from **285 at the end of 2017** to **374 at the end of 2021**. This net increase of almost 90 stores is outstanding, especially if we take into account that they've closed only 3 stores during the last 5 years. The company is doing a great job choosing good locations. As the growth depends hugely on the success of opening and operating new stores, this is a positive indicator.
​
Based on the available numbers, the revenue per store is flat for the last 5 years (a bit over $16m/store). However, this can be a bit misleading, especially since the company is focused on decreasing the store size from 30k square feet (2.8k square meters) to 23k square feet (2.15k square meters). Smaller stores would require a lower initial investment and come with lower operating costs. Hence, we cannot make any conclusion on the information that the average revenue per store is flat over a 5-years period.
​
**Key financial and operating points**
* The revenue has increased from **$4.7b in 2017** to **$6.1b in 2021**, an almost 7% average annual increase. During the same period, the gross margin increased from **34%** to **36%,** and the operating margin from **4.8%** to **5.5%.** The industry is known for having low margins, so we cannot forecast a substantial increase in this area. The management is aiming for a 6% operating margin, which is not far from the current level.
* What I personally find very interesting about the company is the development and improvements around their inventory management. The inventory turnover has improved from 13.5x to 14.7x and the average inventory per store has decreased from $0.81m to $0.71m (let's not forget, the average revenue/store remained flat).
* It is worth mentioning that roughly 16% of the company's revenue comes from their private label offering (Sprouts branded products). These products allow them to charge less to the final customer, yet the margins are either same or higher.
* Since 2015, 52m shares have been repurchased ($1.2b) leading to a 34% reduction of shares outstanding. The management has almost $600m remaining in the authorized repurchase program.
* As of Q1/2022, the company had $300m in cash, $250m in long-term debt, and $1.3m in capital leases.
**What's ahead of the company?**
The management is forecasting revenue growth of around 4% for 2022 but is aiming to grow the number of stores by 10% as of 2023. This is a big target, which means roughly 40 new stores are to be opened in 2023.
**The valuation**
I used a DCF model to estimate the company's value. The assumptions are listed below:
**Revenue growth:** 4% for the next 12 months, followed by 6% in the 4 years after that and declining over time to 3.16%.
**Operating margin**: To remain at the current level of 5.5%. The management is aiming for 6%, but they're not there yet. Could they reach that level? Absolutely! However, I am always using assumptions that the company can deliver with high probability. I'd rather be conservative than too optimistic and lose money.
**Discount rate**: Currently 4.84% (based on WACC - which is way too low due to its low beta), increasing to 10.9% over time (also due to the fact that the FED is raising the interest rate)
**Outcome**: $22.90 (Current share price $25.72)
\*Note: In the DCF calculation, the outstanding equity options are also taken into account.
​
**What if my assumptions are significantly wrong?**
Based on the assumptions stated above, the revenue will grow by 62% to $10b in the next 10 years and the operating margin remains at 5.5%.
Let's take a look at how the valuation of the company (per share) changes based on different assumptions related to the revenue 10 years from now and the operating margin:
|Revenue / Op. margin|5.0%|5.5%|6.0%|
|:-|:-|:-|:-|
|40% ($8.6b)|$18.5|$21.1|$23.8|
|62% ($10.0b)|$19.9|$22.9|$25.9|
|100% ($12.4b)|$22.3|$26.0|$29.6|
|130% ($14.2b)|$24.1|$28.3|$32.4|
Looking at the company's performance, I do like how it is evolving. It is growing through opening new stores and not through acquisitions, which makes it less risky as they're copying what is proven to be working. The inventory management has improved and the margins are looking great. Although I do not have a position in the company, I'll definitely consider opening one if the price drops below $20/share.
What are your thoughts?
| 57 |
k_ristovski
| 1,656,962,111 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/vrez0i/sprouts_farmers_market_can_a_boring_company_can/
|
vrez0i
|
ieurjnv
|
After dealing with shipping products to them, I don't see how they'll survive. They whined that the boxes were about half an ounce heavier than they should be. That was either because my client added a little more packing material or a little extra product. Most people wouldn't whine about better packing or more product, but they did. They later refused a shipment because there weren't prop 65 warnings on the pallet, only on the individual for sale bottles. They refused to pay for over eight months.
| 41 |
Positive_Increase
| 1,656,962,903 |
Sprouts Farmers Market - Can a boring company can be a good investment? $SFM
|
**Sprouts Farmers Market ($SFM)** is quite a boring company. However, boring companies can turn out to be great investments. Is SFM one of them?
The goal of this post is to analyze the company's fundamentals and provide insights into the business fundamentals, financials as well as valuation. Feel free to disagree with the analysis and share your views.
***Let's get started!***
​
**What is Sprouts Farmers Market?**
In a nutshell, it is a grocery store chain featuring an open layout with fresh produce at its heart. The company sources the produce locally which makes it less exposed to certain global supply chain issues. One of the components of its business model is its distribution centers. The produce from the local farmers initially goes to these centers and then is delivered to the individual stores. They aim to have one within a 250-mile (400 kilometers) radius of all of their stores. Currently, that's the case for 85% of their stores.
​
**How does a grocery store chain grow?**
I always try to simplify the way companies bring revenue in. In this case, the revenue would be equal to the # of stores multiplied by the ARPS (Average revenue per store), plus the eCommerce sales (currently 10% of the total revenue).
Let's start with the number of stores. This number grew from **285 at the end of 2017** to **374 at the end of 2021**. This net increase of almost 90 stores is outstanding, especially if we take into account that they've closed only 3 stores during the last 5 years. The company is doing a great job choosing good locations. As the growth depends hugely on the success of opening and operating new stores, this is a positive indicator.
​
Based on the available numbers, the revenue per store is flat for the last 5 years (a bit over $16m/store). However, this can be a bit misleading, especially since the company is focused on decreasing the store size from 30k square feet (2.8k square meters) to 23k square feet (2.15k square meters). Smaller stores would require a lower initial investment and come with lower operating costs. Hence, we cannot make any conclusion on the information that the average revenue per store is flat over a 5-years period.
​
**Key financial and operating points**
* The revenue has increased from **$4.7b in 2017** to **$6.1b in 2021**, an almost 7% average annual increase. During the same period, the gross margin increased from **34%** to **36%,** and the operating margin from **4.8%** to **5.5%.** The industry is known for having low margins, so we cannot forecast a substantial increase in this area. The management is aiming for a 6% operating margin, which is not far from the current level.
* What I personally find very interesting about the company is the development and improvements around their inventory management. The inventory turnover has improved from 13.5x to 14.7x and the average inventory per store has decreased from $0.81m to $0.71m (let's not forget, the average revenue/store remained flat).
* It is worth mentioning that roughly 16% of the company's revenue comes from their private label offering (Sprouts branded products). These products allow them to charge less to the final customer, yet the margins are either same or higher.
* Since 2015, 52m shares have been repurchased ($1.2b) leading to a 34% reduction of shares outstanding. The management has almost $600m remaining in the authorized repurchase program.
* As of Q1/2022, the company had $300m in cash, $250m in long-term debt, and $1.3m in capital leases.
**What's ahead of the company?**
The management is forecasting revenue growth of around 4% for 2022 but is aiming to grow the number of stores by 10% as of 2023. This is a big target, which means roughly 40 new stores are to be opened in 2023.
**The valuation**
I used a DCF model to estimate the company's value. The assumptions are listed below:
**Revenue growth:** 4% for the next 12 months, followed by 6% in the 4 years after that and declining over time to 3.16%.
**Operating margin**: To remain at the current level of 5.5%. The management is aiming for 6%, but they're not there yet. Could they reach that level? Absolutely! However, I am always using assumptions that the company can deliver with high probability. I'd rather be conservative than too optimistic and lose money.
**Discount rate**: Currently 4.84% (based on WACC - which is way too low due to its low beta), increasing to 10.9% over time (also due to the fact that the FED is raising the interest rate)
**Outcome**: $22.90 (Current share price $25.72)
\*Note: In the DCF calculation, the outstanding equity options are also taken into account.
​
**What if my assumptions are significantly wrong?**
Based on the assumptions stated above, the revenue will grow by 62% to $10b in the next 10 years and the operating margin remains at 5.5%.
Let's take a look at how the valuation of the company (per share) changes based on different assumptions related to the revenue 10 years from now and the operating margin:
|Revenue / Op. margin|5.0%|5.5%|6.0%|
|:-|:-|:-|:-|
|40% ($8.6b)|$18.5|$21.1|$23.8|
|62% ($10.0b)|$19.9|$22.9|$25.9|
|100% ($12.4b)|$22.3|$26.0|$29.6|
|130% ($14.2b)|$24.1|$28.3|$32.4|
Looking at the company's performance, I do like how it is evolving. It is growing through opening new stores and not through acquisitions, which makes it less risky as they're copying what is proven to be working. The inventory management has improved and the margins are looking great. Although I do not have a position in the company, I'll definitely consider opening one if the price drops below $20/share.
What are your thoughts?
| 57 |
k_ristovski
| 1,656,962,111 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/vrez0i/sprouts_farmers_market_can_a_boring_company_can/
|
vrez0i
|
iew53ju
|
I have a Sprouts, Whole Foods, Wegmans and Trader Joe's within ten miles. Sprouts and Wegmans are easily the cheapest. All four are very good.
| 5 |
Wizofsorts
| 1,656,986,225 |
Sprouts Farmers Market - Can a boring company can be a good investment? $SFM
|
**Sprouts Farmers Market ($SFM)** is quite a boring company. However, boring companies can turn out to be great investments. Is SFM one of them?
The goal of this post is to analyze the company's fundamentals and provide insights into the business fundamentals, financials as well as valuation. Feel free to disagree with the analysis and share your views.
***Let's get started!***
​
**What is Sprouts Farmers Market?**
In a nutshell, it is a grocery store chain featuring an open layout with fresh produce at its heart. The company sources the produce locally which makes it less exposed to certain global supply chain issues. One of the components of its business model is its distribution centers. The produce from the local farmers initially goes to these centers and then is delivered to the individual stores. They aim to have one within a 250-mile (400 kilometers) radius of all of their stores. Currently, that's the case for 85% of their stores.
​
**How does a grocery store chain grow?**
I always try to simplify the way companies bring revenue in. In this case, the revenue would be equal to the # of stores multiplied by the ARPS (Average revenue per store), plus the eCommerce sales (currently 10% of the total revenue).
Let's start with the number of stores. This number grew from **285 at the end of 2017** to **374 at the end of 2021**. This net increase of almost 90 stores is outstanding, especially if we take into account that they've closed only 3 stores during the last 5 years. The company is doing a great job choosing good locations. As the growth depends hugely on the success of opening and operating new stores, this is a positive indicator.
​
Based on the available numbers, the revenue per store is flat for the last 5 years (a bit over $16m/store). However, this can be a bit misleading, especially since the company is focused on decreasing the store size from 30k square feet (2.8k square meters) to 23k square feet (2.15k square meters). Smaller stores would require a lower initial investment and come with lower operating costs. Hence, we cannot make any conclusion on the information that the average revenue per store is flat over a 5-years period.
​
**Key financial and operating points**
* The revenue has increased from **$4.7b in 2017** to **$6.1b in 2021**, an almost 7% average annual increase. During the same period, the gross margin increased from **34%** to **36%,** and the operating margin from **4.8%** to **5.5%.** The industry is known for having low margins, so we cannot forecast a substantial increase in this area. The management is aiming for a 6% operating margin, which is not far from the current level.
* What I personally find very interesting about the company is the development and improvements around their inventory management. The inventory turnover has improved from 13.5x to 14.7x and the average inventory per store has decreased from $0.81m to $0.71m (let's not forget, the average revenue/store remained flat).
* It is worth mentioning that roughly 16% of the company's revenue comes from their private label offering (Sprouts branded products). These products allow them to charge less to the final customer, yet the margins are either same or higher.
* Since 2015, 52m shares have been repurchased ($1.2b) leading to a 34% reduction of shares outstanding. The management has almost $600m remaining in the authorized repurchase program.
* As of Q1/2022, the company had $300m in cash, $250m in long-term debt, and $1.3m in capital leases.
**What's ahead of the company?**
The management is forecasting revenue growth of around 4% for 2022 but is aiming to grow the number of stores by 10% as of 2023. This is a big target, which means roughly 40 new stores are to be opened in 2023.
**The valuation**
I used a DCF model to estimate the company's value. The assumptions are listed below:
**Revenue growth:** 4% for the next 12 months, followed by 6% in the 4 years after that and declining over time to 3.16%.
**Operating margin**: To remain at the current level of 5.5%. The management is aiming for 6%, but they're not there yet. Could they reach that level? Absolutely! However, I am always using assumptions that the company can deliver with high probability. I'd rather be conservative than too optimistic and lose money.
**Discount rate**: Currently 4.84% (based on WACC - which is way too low due to its low beta), increasing to 10.9% over time (also due to the fact that the FED is raising the interest rate)
**Outcome**: $22.90 (Current share price $25.72)
\*Note: In the DCF calculation, the outstanding equity options are also taken into account.
​
**What if my assumptions are significantly wrong?**
Based on the assumptions stated above, the revenue will grow by 62% to $10b in the next 10 years and the operating margin remains at 5.5%.
Let's take a look at how the valuation of the company (per share) changes based on different assumptions related to the revenue 10 years from now and the operating margin:
|Revenue / Op. margin|5.0%|5.5%|6.0%|
|:-|:-|:-|:-|
|40% ($8.6b)|$18.5|$21.1|$23.8|
|62% ($10.0b)|$19.9|$22.9|$25.9|
|100% ($12.4b)|$22.3|$26.0|$29.6|
|130% ($14.2b)|$24.1|$28.3|$32.4|
Looking at the company's performance, I do like how it is evolving. It is growing through opening new stores and not through acquisitions, which makes it less risky as they're copying what is proven to be working. The inventory management has improved and the margins are looking great. Although I do not have a position in the company, I'll definitely consider opening one if the price drops below $20/share.
What are your thoughts?
| 57 |
k_ristovski
| 1,656,962,111 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/vrez0i/sprouts_farmers_market_can_a_boring_company_can/
|
uq9hwd
|
i8pzqho
|
Who ever gave Elon that loan is probably feeling pretty great right now.
| 44 |
Whendidithappen
| 1,652,637,810 |
An Overview of Musk's Proposed Twitter Acquisition and Discussion of Recent Events.
|
I want to focus on the recent developments in Musk's offer to acquire twitter, and some aspects not always discussed in 3 minute finance articles or headlines. But first, a refresher:
Elon Musk built a 9.2% stake in Twitter during the first few months of 2022. On April 20th, he offered to take Twitter Private recently at $54.20 per share, claiming he can unlock the company’s potential. Musk secured financing the next day and entered an agreement to buy twitter. Recently he announced the deal was “on hold” pending investigation of spam and bot accounts.
This recent development about bots is unusual, especially considering Musk’s proximity to Twitter. This should have been a known concern to Musk. One would think he would have investigated this before he agreed to purchase the company. So, what exactly is going on? Why the erratic behavior? To understand, we must first look at Musk’s financing:
Musk Secured a total of $46.5B in funding on April 21st. This includes: $13B of debt for Twitter the company, 12.5B in margin loans secured against Tesla stock, and $21B in equity investment from Musk.
The debt and margin financing has a variable interest rate of 3-month SOFR +3%, and will currently cost $1B in maintenance per year plus 5% amortization for both debt facilities. Twitter cash from operations was only $600M in 2021, and not likely to exceed $1B in 2022..
The $12.5B margin loan has an initial 20% LTV with a margin call at 35%. This will require $62.5B of Tesla shares to be pledged. The fall in Tesla’s stock price has made this facility unattractive. As of close Friday, Tesla was worth $769.85 per share. This equates to a pledge of 81.2M shares at current prices. Musk had 88.3M shares pledged as of 6/30/2021, this would bring the total to 169.5M of 173M shares. This is likely not very palatable for Musk or Tesla investors.
The $21B in cash required to complete the deal throws in an extra wrench. If he were to sell Tesla shares, he would have to sell at least $25B, likely more, to come up with $21B after tax. He can’t do this and pledge sufficient shares for his margin loan facility. Spacex is highly illiquid and likely not useful as collateral. His final option is to find additional investors to come up with the $21B. This is unlikely to happen, investors are already unwilling to buy Twitter at a 30% discount to Musk’s acquisition price with Musk as the largest shareholder, and Musk's claim that he “doesn’t care about the economics” does him no favors in this endeavor. There were reports he asked around the big PE firms, none of which were interested in equity. The debt load added in the first financing transaction will also make twitter equity even less attractive to investors.
On May 13th, Musk took to Twitter to say his acquisition was on hold pending investigation of the calculations of bots and spam accounts on twitter. There are no carve-outs in the acquisition agreement to allow him to do this. Further, to expedite the deal, he waived any right to view additional non-public financial and analytical data from Twitter. Twitter already discloses that their mDAU spam estimate may not be accurate.
Per Twitter’s most recent 10k:
>The numbers of mDAU presented in this Annual Report on Form 10-K are based on internal company data. While these numbers are based on what we believe to be reasonable estimates for the applicable period of measurement, there are inherent challenges in measuring usage and engagement across our large number of total accounts around the world. Furthermore, our metrics may be impacted by our information quality efforts, which are our overall efforts to reduce malicious activity on the service, inclusive of spam, malicious automation, and fake accounts. For example, there are a number of false or spam accounts in existence on our platform. We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the fourth quarter of 2021 represented fewer than 5% of our mDAU during the quarter. The false or spam accounts for a period represents the average of false or spam accounts in the samples during each monthly analysis period during the quarter. In making this determination, we applied significant judgment, so our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated.
Twitter discloses that their calculation of spam mDAUs could be greater than 5%.
Recall Musk’s financing woes mentioned earlier. Contrary to popular belief, Musk cannot break the contract at his discretion and pay the termination fee. The only ways that Musk could leave are if twitter misled him or his financiers pulled out. The goal of Elon’s bot check appears to be to find Twitter in violation of reps and warranties. This would give him a $1B termination fee. If it could be shown that Twitter misled Musk (and investors) about the presence of bots, they would be in violation and Musk could terminate the contract. He can then reconsider entirely or offer a lower price for the acquisition, which he can more easily afford. Given the above stated information, I find it difficult to believe Twitter can be found in violation of reps and warranties. Musk specifically skipped DD that could have revealed flaws in their calculation methods and Twitter makes clear that, despite their best efforts, Twitter could be off in their assessment of bot or spam mDAUs.
On the 14th, Musk said his team would check 100 accounts following \\@twitter to see if more or less than 5 are bots. If asked for critique, any high school stats student could absolutely demolish this asinine experiment design.
Musk appears to be in a legal pickle. He has already agreed to buy Twitter, but the financing terms have turned against him. Obviously he still has sufficient assets to buy the company, just not on the terms he or Tesla shareholders would like.
I don’t see there being enough evidence to find twitter in violation, no matter how many bots are in the 100 sampled accounts following \\@twitter. This would mean that twitter would be able to compel Musk to complete the transaction, even if it is against his will. Unless he loses financing, which was almost entirely unconditional, he cannot escape. But, would they? Twitter’s existing board and management has little incentive to follow through. It would be a long, messy , and expensive legal battle that would ultimately result, if successful, their new boss sacking them vindictively.
This looks like a clear cut case of buyer’s remorse for Mr. Musk. His financing of the deal is likely already unattractive for Tesla shareholders and Musk himself, given the recent drop in Tesla stock. Virtually all social media companies have re-rated significantly lower since he made his offer as well. Musk either wants to pay less or leave entirely, it appears, and it will be very difficult for him to do this on paper. Musk has already violated many laws and norms so far, what happens next is anyone's guess. It will be interesting to see what comes of this.
​
TLDR: Deteriorating conditions and Tesla's recent fall has made the deal unpalatable for Musk. Musk must pledge 80M of his remaining 85M shares to his margin loan facility and come up with $21B to complete financing at Tesla's current price -- something he can't do. He cannot simply break the contract as many people think. This bot search appears to be an attempt to find Twitter in violation, and likely should not work. If successful, he could leave or re-offer less.
| 131 |
wesfathonsbstk
| 1,652,631,528 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/uq9hwd/an_overview_of_musks_proposed_twitter_acquisition/
|
uq9hwd
|
i8pxkoi
|
Musk is realizing that Twitter would perhaps be $15-20 per share right now in today's market where everything has gone down and everything's bleeding. He has realized that he overpaid at $54 per share when he could've just waited one month and bought Twitter at perhaps $15-$20 per share considering twitter would be absolutely destroyed in today's market if he hadn't stepped in with that deal. This is why I believe he has backtracked and is trying to find faults in twitter and therefore bringing the price down.
| 68 |
Berisha11
| 1,652,636,861 |
An Overview of Musk's Proposed Twitter Acquisition and Discussion of Recent Events.
|
I want to focus on the recent developments in Musk's offer to acquire twitter, and some aspects not always discussed in 3 minute finance articles or headlines. But first, a refresher:
Elon Musk built a 9.2% stake in Twitter during the first few months of 2022. On April 20th, he offered to take Twitter Private recently at $54.20 per share, claiming he can unlock the company’s potential. Musk secured financing the next day and entered an agreement to buy twitter. Recently he announced the deal was “on hold” pending investigation of spam and bot accounts.
This recent development about bots is unusual, especially considering Musk’s proximity to Twitter. This should have been a known concern to Musk. One would think he would have investigated this before he agreed to purchase the company. So, what exactly is going on? Why the erratic behavior? To understand, we must first look at Musk’s financing:
Musk Secured a total of $46.5B in funding on April 21st. This includes: $13B of debt for Twitter the company, 12.5B in margin loans secured against Tesla stock, and $21B in equity investment from Musk.
The debt and margin financing has a variable interest rate of 3-month SOFR +3%, and will currently cost $1B in maintenance per year plus 5% amortization for both debt facilities. Twitter cash from operations was only $600M in 2021, and not likely to exceed $1B in 2022..
The $12.5B margin loan has an initial 20% LTV with a margin call at 35%. This will require $62.5B of Tesla shares to be pledged. The fall in Tesla’s stock price has made this facility unattractive. As of close Friday, Tesla was worth $769.85 per share. This equates to a pledge of 81.2M shares at current prices. Musk had 88.3M shares pledged as of 6/30/2021, this would bring the total to 169.5M of 173M shares. This is likely not very palatable for Musk or Tesla investors.
The $21B in cash required to complete the deal throws in an extra wrench. If he were to sell Tesla shares, he would have to sell at least $25B, likely more, to come up with $21B after tax. He can’t do this and pledge sufficient shares for his margin loan facility. Spacex is highly illiquid and likely not useful as collateral. His final option is to find additional investors to come up with the $21B. This is unlikely to happen, investors are already unwilling to buy Twitter at a 30% discount to Musk’s acquisition price with Musk as the largest shareholder, and Musk's claim that he “doesn’t care about the economics” does him no favors in this endeavor. There were reports he asked around the big PE firms, none of which were interested in equity. The debt load added in the first financing transaction will also make twitter equity even less attractive to investors.
On May 13th, Musk took to Twitter to say his acquisition was on hold pending investigation of the calculations of bots and spam accounts on twitter. There are no carve-outs in the acquisition agreement to allow him to do this. Further, to expedite the deal, he waived any right to view additional non-public financial and analytical data from Twitter. Twitter already discloses that their mDAU spam estimate may not be accurate.
Per Twitter’s most recent 10k:
>The numbers of mDAU presented in this Annual Report on Form 10-K are based on internal company data. While these numbers are based on what we believe to be reasonable estimates for the applicable period of measurement, there are inherent challenges in measuring usage and engagement across our large number of total accounts around the world. Furthermore, our metrics may be impacted by our information quality efforts, which are our overall efforts to reduce malicious activity on the service, inclusive of spam, malicious automation, and fake accounts. For example, there are a number of false or spam accounts in existence on our platform. We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the fourth quarter of 2021 represented fewer than 5% of our mDAU during the quarter. The false or spam accounts for a period represents the average of false or spam accounts in the samples during each monthly analysis period during the quarter. In making this determination, we applied significant judgment, so our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated.
Twitter discloses that their calculation of spam mDAUs could be greater than 5%.
Recall Musk’s financing woes mentioned earlier. Contrary to popular belief, Musk cannot break the contract at his discretion and pay the termination fee. The only ways that Musk could leave are if twitter misled him or his financiers pulled out. The goal of Elon’s bot check appears to be to find Twitter in violation of reps and warranties. This would give him a $1B termination fee. If it could be shown that Twitter misled Musk (and investors) about the presence of bots, they would be in violation and Musk could terminate the contract. He can then reconsider entirely or offer a lower price for the acquisition, which he can more easily afford. Given the above stated information, I find it difficult to believe Twitter can be found in violation of reps and warranties. Musk specifically skipped DD that could have revealed flaws in their calculation methods and Twitter makes clear that, despite their best efforts, Twitter could be off in their assessment of bot or spam mDAUs.
On the 14th, Musk said his team would check 100 accounts following \\@twitter to see if more or less than 5 are bots. If asked for critique, any high school stats student could absolutely demolish this asinine experiment design.
Musk appears to be in a legal pickle. He has already agreed to buy Twitter, but the financing terms have turned against him. Obviously he still has sufficient assets to buy the company, just not on the terms he or Tesla shareholders would like.
I don’t see there being enough evidence to find twitter in violation, no matter how many bots are in the 100 sampled accounts following \\@twitter. This would mean that twitter would be able to compel Musk to complete the transaction, even if it is against his will. Unless he loses financing, which was almost entirely unconditional, he cannot escape. But, would they? Twitter’s existing board and management has little incentive to follow through. It would be a long, messy , and expensive legal battle that would ultimately result, if successful, their new boss sacking them vindictively.
This looks like a clear cut case of buyer’s remorse for Mr. Musk. His financing of the deal is likely already unattractive for Tesla shareholders and Musk himself, given the recent drop in Tesla stock. Virtually all social media companies have re-rated significantly lower since he made his offer as well. Musk either wants to pay less or leave entirely, it appears, and it will be very difficult for him to do this on paper. Musk has already violated many laws and norms so far, what happens next is anyone's guess. It will be interesting to see what comes of this.
​
TLDR: Deteriorating conditions and Tesla's recent fall has made the deal unpalatable for Musk. Musk must pledge 80M of his remaining 85M shares to his margin loan facility and come up with $21B to complete financing at Tesla's current price -- something he can't do. He cannot simply break the contract as many people think. This bot search appears to be an attempt to find Twitter in violation, and likely should not work. If successful, he could leave or re-offer less.
| 131 |
wesfathonsbstk
| 1,652,631,528 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/uq9hwd/an_overview_of_musks_proposed_twitter_acquisition/
|
uq9hwd
|
i8qclqm
|
Great summary OP. People were acting like Musk’s action were a normal part and parcel of due diligence and he is exposing fraud at Twitter. He is just having buyers remorse and trying to come up with nonsensical reasons to pull or renegotiate.
| 26 |
sanchit314
| 1,652,643,523 |
An Overview of Musk's Proposed Twitter Acquisition and Discussion of Recent Events.
|
I want to focus on the recent developments in Musk's offer to acquire twitter, and some aspects not always discussed in 3 minute finance articles or headlines. But first, a refresher:
Elon Musk built a 9.2% stake in Twitter during the first few months of 2022. On April 20th, he offered to take Twitter Private recently at $54.20 per share, claiming he can unlock the company’s potential. Musk secured financing the next day and entered an agreement to buy twitter. Recently he announced the deal was “on hold” pending investigation of spam and bot accounts.
This recent development about bots is unusual, especially considering Musk’s proximity to Twitter. This should have been a known concern to Musk. One would think he would have investigated this before he agreed to purchase the company. So, what exactly is going on? Why the erratic behavior? To understand, we must first look at Musk’s financing:
Musk Secured a total of $46.5B in funding on April 21st. This includes: $13B of debt for Twitter the company, 12.5B in margin loans secured against Tesla stock, and $21B in equity investment from Musk.
The debt and margin financing has a variable interest rate of 3-month SOFR +3%, and will currently cost $1B in maintenance per year plus 5% amortization for both debt facilities. Twitter cash from operations was only $600M in 2021, and not likely to exceed $1B in 2022..
The $12.5B margin loan has an initial 20% LTV with a margin call at 35%. This will require $62.5B of Tesla shares to be pledged. The fall in Tesla’s stock price has made this facility unattractive. As of close Friday, Tesla was worth $769.85 per share. This equates to a pledge of 81.2M shares at current prices. Musk had 88.3M shares pledged as of 6/30/2021, this would bring the total to 169.5M of 173M shares. This is likely not very palatable for Musk or Tesla investors.
The $21B in cash required to complete the deal throws in an extra wrench. If he were to sell Tesla shares, he would have to sell at least $25B, likely more, to come up with $21B after tax. He can’t do this and pledge sufficient shares for his margin loan facility. Spacex is highly illiquid and likely not useful as collateral. His final option is to find additional investors to come up with the $21B. This is unlikely to happen, investors are already unwilling to buy Twitter at a 30% discount to Musk’s acquisition price with Musk as the largest shareholder, and Musk's claim that he “doesn’t care about the economics” does him no favors in this endeavor. There were reports he asked around the big PE firms, none of which were interested in equity. The debt load added in the first financing transaction will also make twitter equity even less attractive to investors.
On May 13th, Musk took to Twitter to say his acquisition was on hold pending investigation of the calculations of bots and spam accounts on twitter. There are no carve-outs in the acquisition agreement to allow him to do this. Further, to expedite the deal, he waived any right to view additional non-public financial and analytical data from Twitter. Twitter already discloses that their mDAU spam estimate may not be accurate.
Per Twitter’s most recent 10k:
>The numbers of mDAU presented in this Annual Report on Form 10-K are based on internal company data. While these numbers are based on what we believe to be reasonable estimates for the applicable period of measurement, there are inherent challenges in measuring usage and engagement across our large number of total accounts around the world. Furthermore, our metrics may be impacted by our information quality efforts, which are our overall efforts to reduce malicious activity on the service, inclusive of spam, malicious automation, and fake accounts. For example, there are a number of false or spam accounts in existence on our platform. We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the fourth quarter of 2021 represented fewer than 5% of our mDAU during the quarter. The false or spam accounts for a period represents the average of false or spam accounts in the samples during each monthly analysis period during the quarter. In making this determination, we applied significant judgment, so our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated.
Twitter discloses that their calculation of spam mDAUs could be greater than 5%.
Recall Musk’s financing woes mentioned earlier. Contrary to popular belief, Musk cannot break the contract at his discretion and pay the termination fee. The only ways that Musk could leave are if twitter misled him or his financiers pulled out. The goal of Elon’s bot check appears to be to find Twitter in violation of reps and warranties. This would give him a $1B termination fee. If it could be shown that Twitter misled Musk (and investors) about the presence of bots, they would be in violation and Musk could terminate the contract. He can then reconsider entirely or offer a lower price for the acquisition, which he can more easily afford. Given the above stated information, I find it difficult to believe Twitter can be found in violation of reps and warranties. Musk specifically skipped DD that could have revealed flaws in their calculation methods and Twitter makes clear that, despite their best efforts, Twitter could be off in their assessment of bot or spam mDAUs.
On the 14th, Musk said his team would check 100 accounts following \\@twitter to see if more or less than 5 are bots. If asked for critique, any high school stats student could absolutely demolish this asinine experiment design.
Musk appears to be in a legal pickle. He has already agreed to buy Twitter, but the financing terms have turned against him. Obviously he still has sufficient assets to buy the company, just not on the terms he or Tesla shareholders would like.
I don’t see there being enough evidence to find twitter in violation, no matter how many bots are in the 100 sampled accounts following \\@twitter. This would mean that twitter would be able to compel Musk to complete the transaction, even if it is against his will. Unless he loses financing, which was almost entirely unconditional, he cannot escape. But, would they? Twitter’s existing board and management has little incentive to follow through. It would be a long, messy , and expensive legal battle that would ultimately result, if successful, their new boss sacking them vindictively.
This looks like a clear cut case of buyer’s remorse for Mr. Musk. His financing of the deal is likely already unattractive for Tesla shareholders and Musk himself, given the recent drop in Tesla stock. Virtually all social media companies have re-rated significantly lower since he made his offer as well. Musk either wants to pay less or leave entirely, it appears, and it will be very difficult for him to do this on paper. Musk has already violated many laws and norms so far, what happens next is anyone's guess. It will be interesting to see what comes of this.
​
TLDR: Deteriorating conditions and Tesla's recent fall has made the deal unpalatable for Musk. Musk must pledge 80M of his remaining 85M shares to his margin loan facility and come up with $21B to complete financing at Tesla's current price -- something he can't do. He cannot simply break the contract as many people think. This bot search appears to be an attempt to find Twitter in violation, and likely should not work. If successful, he could leave or re-offer less.
| 131 |
wesfathonsbstk
| 1,652,631,528 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/uq9hwd/an_overview_of_musks_proposed_twitter_acquisition/
|
uq9hwd
|
i8pr13b
|
The weirdest thing to me is how unsophisticated and public his sampling “methodology” is.
| 38 |
BigFalconRocket
| 1,652,634,033 |
An Overview of Musk's Proposed Twitter Acquisition and Discussion of Recent Events.
|
I want to focus on the recent developments in Musk's offer to acquire twitter, and some aspects not always discussed in 3 minute finance articles or headlines. But first, a refresher:
Elon Musk built a 9.2% stake in Twitter during the first few months of 2022. On April 20th, he offered to take Twitter Private recently at $54.20 per share, claiming he can unlock the company’s potential. Musk secured financing the next day and entered an agreement to buy twitter. Recently he announced the deal was “on hold” pending investigation of spam and bot accounts.
This recent development about bots is unusual, especially considering Musk’s proximity to Twitter. This should have been a known concern to Musk. One would think he would have investigated this before he agreed to purchase the company. So, what exactly is going on? Why the erratic behavior? To understand, we must first look at Musk’s financing:
Musk Secured a total of $46.5B in funding on April 21st. This includes: $13B of debt for Twitter the company, 12.5B in margin loans secured against Tesla stock, and $21B in equity investment from Musk.
The debt and margin financing has a variable interest rate of 3-month SOFR +3%, and will currently cost $1B in maintenance per year plus 5% amortization for both debt facilities. Twitter cash from operations was only $600M in 2021, and not likely to exceed $1B in 2022..
The $12.5B margin loan has an initial 20% LTV with a margin call at 35%. This will require $62.5B of Tesla shares to be pledged. The fall in Tesla’s stock price has made this facility unattractive. As of close Friday, Tesla was worth $769.85 per share. This equates to a pledge of 81.2M shares at current prices. Musk had 88.3M shares pledged as of 6/30/2021, this would bring the total to 169.5M of 173M shares. This is likely not very palatable for Musk or Tesla investors.
The $21B in cash required to complete the deal throws in an extra wrench. If he were to sell Tesla shares, he would have to sell at least $25B, likely more, to come up with $21B after tax. He can’t do this and pledge sufficient shares for his margin loan facility. Spacex is highly illiquid and likely not useful as collateral. His final option is to find additional investors to come up with the $21B. This is unlikely to happen, investors are already unwilling to buy Twitter at a 30% discount to Musk’s acquisition price with Musk as the largest shareholder, and Musk's claim that he “doesn’t care about the economics” does him no favors in this endeavor. There were reports he asked around the big PE firms, none of which were interested in equity. The debt load added in the first financing transaction will also make twitter equity even less attractive to investors.
On May 13th, Musk took to Twitter to say his acquisition was on hold pending investigation of the calculations of bots and spam accounts on twitter. There are no carve-outs in the acquisition agreement to allow him to do this. Further, to expedite the deal, he waived any right to view additional non-public financial and analytical data from Twitter. Twitter already discloses that their mDAU spam estimate may not be accurate.
Per Twitter’s most recent 10k:
>The numbers of mDAU presented in this Annual Report on Form 10-K are based on internal company data. While these numbers are based on what we believe to be reasonable estimates for the applicable period of measurement, there are inherent challenges in measuring usage and engagement across our large number of total accounts around the world. Furthermore, our metrics may be impacted by our information quality efforts, which are our overall efforts to reduce malicious activity on the service, inclusive of spam, malicious automation, and fake accounts. For example, there are a number of false or spam accounts in existence on our platform. We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the fourth quarter of 2021 represented fewer than 5% of our mDAU during the quarter. The false or spam accounts for a period represents the average of false or spam accounts in the samples during each monthly analysis period during the quarter. In making this determination, we applied significant judgment, so our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated.
Twitter discloses that their calculation of spam mDAUs could be greater than 5%.
Recall Musk’s financing woes mentioned earlier. Contrary to popular belief, Musk cannot break the contract at his discretion and pay the termination fee. The only ways that Musk could leave are if twitter misled him or his financiers pulled out. The goal of Elon’s bot check appears to be to find Twitter in violation of reps and warranties. This would give him a $1B termination fee. If it could be shown that Twitter misled Musk (and investors) about the presence of bots, they would be in violation and Musk could terminate the contract. He can then reconsider entirely or offer a lower price for the acquisition, which he can more easily afford. Given the above stated information, I find it difficult to believe Twitter can be found in violation of reps and warranties. Musk specifically skipped DD that could have revealed flaws in their calculation methods and Twitter makes clear that, despite their best efforts, Twitter could be off in their assessment of bot or spam mDAUs.
On the 14th, Musk said his team would check 100 accounts following \\@twitter to see if more or less than 5 are bots. If asked for critique, any high school stats student could absolutely demolish this asinine experiment design.
Musk appears to be in a legal pickle. He has already agreed to buy Twitter, but the financing terms have turned against him. Obviously he still has sufficient assets to buy the company, just not on the terms he or Tesla shareholders would like.
I don’t see there being enough evidence to find twitter in violation, no matter how many bots are in the 100 sampled accounts following \\@twitter. This would mean that twitter would be able to compel Musk to complete the transaction, even if it is against his will. Unless he loses financing, which was almost entirely unconditional, he cannot escape. But, would they? Twitter’s existing board and management has little incentive to follow through. It would be a long, messy , and expensive legal battle that would ultimately result, if successful, their new boss sacking them vindictively.
This looks like a clear cut case of buyer’s remorse for Mr. Musk. His financing of the deal is likely already unattractive for Tesla shareholders and Musk himself, given the recent drop in Tesla stock. Virtually all social media companies have re-rated significantly lower since he made his offer as well. Musk either wants to pay less or leave entirely, it appears, and it will be very difficult for him to do this on paper. Musk has already violated many laws and norms so far, what happens next is anyone's guess. It will be interesting to see what comes of this.
​
TLDR: Deteriorating conditions and Tesla's recent fall has made the deal unpalatable for Musk. Musk must pledge 80M of his remaining 85M shares to his margin loan facility and come up with $21B to complete financing at Tesla's current price -- something he can't do. He cannot simply break the contract as many people think. This bot search appears to be an attempt to find Twitter in violation, and likely should not work. If successful, he could leave or re-offer less.
| 131 |
wesfathonsbstk
| 1,652,631,528 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/uq9hwd/an_overview_of_musks_proposed_twitter_acquisition/
|
uq9hwd
|
i8pz84p
|
Great summary. Musk’s erratic behavior throughout this deal doesnt make a whole lot of sense to me, but his ‘bot test’ as a delay while he finds a way out of this mess seems like the only logical move at this point since he clearly didnt think this through.
| 20 |
Plagrea
| 1,652,637,590 |
An Overview of Musk's Proposed Twitter Acquisition and Discussion of Recent Events.
|
I want to focus on the recent developments in Musk's offer to acquire twitter, and some aspects not always discussed in 3 minute finance articles or headlines. But first, a refresher:
Elon Musk built a 9.2% stake in Twitter during the first few months of 2022. On April 20th, he offered to take Twitter Private recently at $54.20 per share, claiming he can unlock the company’s potential. Musk secured financing the next day and entered an agreement to buy twitter. Recently he announced the deal was “on hold” pending investigation of spam and bot accounts.
This recent development about bots is unusual, especially considering Musk’s proximity to Twitter. This should have been a known concern to Musk. One would think he would have investigated this before he agreed to purchase the company. So, what exactly is going on? Why the erratic behavior? To understand, we must first look at Musk’s financing:
Musk Secured a total of $46.5B in funding on April 21st. This includes: $13B of debt for Twitter the company, 12.5B in margin loans secured against Tesla stock, and $21B in equity investment from Musk.
The debt and margin financing has a variable interest rate of 3-month SOFR +3%, and will currently cost $1B in maintenance per year plus 5% amortization for both debt facilities. Twitter cash from operations was only $600M in 2021, and not likely to exceed $1B in 2022..
The $12.5B margin loan has an initial 20% LTV with a margin call at 35%. This will require $62.5B of Tesla shares to be pledged. The fall in Tesla’s stock price has made this facility unattractive. As of close Friday, Tesla was worth $769.85 per share. This equates to a pledge of 81.2M shares at current prices. Musk had 88.3M shares pledged as of 6/30/2021, this would bring the total to 169.5M of 173M shares. This is likely not very palatable for Musk or Tesla investors.
The $21B in cash required to complete the deal throws in an extra wrench. If he were to sell Tesla shares, he would have to sell at least $25B, likely more, to come up with $21B after tax. He can’t do this and pledge sufficient shares for his margin loan facility. Spacex is highly illiquid and likely not useful as collateral. His final option is to find additional investors to come up with the $21B. This is unlikely to happen, investors are already unwilling to buy Twitter at a 30% discount to Musk’s acquisition price with Musk as the largest shareholder, and Musk's claim that he “doesn’t care about the economics” does him no favors in this endeavor. There were reports he asked around the big PE firms, none of which were interested in equity. The debt load added in the first financing transaction will also make twitter equity even less attractive to investors.
On May 13th, Musk took to Twitter to say his acquisition was on hold pending investigation of the calculations of bots and spam accounts on twitter. There are no carve-outs in the acquisition agreement to allow him to do this. Further, to expedite the deal, he waived any right to view additional non-public financial and analytical data from Twitter. Twitter already discloses that their mDAU spam estimate may not be accurate.
Per Twitter’s most recent 10k:
>The numbers of mDAU presented in this Annual Report on Form 10-K are based on internal company data. While these numbers are based on what we believe to be reasonable estimates for the applicable period of measurement, there are inherent challenges in measuring usage and engagement across our large number of total accounts around the world. Furthermore, our metrics may be impacted by our information quality efforts, which are our overall efforts to reduce malicious activity on the service, inclusive of spam, malicious automation, and fake accounts. For example, there are a number of false or spam accounts in existence on our platform. We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the fourth quarter of 2021 represented fewer than 5% of our mDAU during the quarter. The false or spam accounts for a period represents the average of false or spam accounts in the samples during each monthly analysis period during the quarter. In making this determination, we applied significant judgment, so our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated.
Twitter discloses that their calculation of spam mDAUs could be greater than 5%.
Recall Musk’s financing woes mentioned earlier. Contrary to popular belief, Musk cannot break the contract at his discretion and pay the termination fee. The only ways that Musk could leave are if twitter misled him or his financiers pulled out. The goal of Elon’s bot check appears to be to find Twitter in violation of reps and warranties. This would give him a $1B termination fee. If it could be shown that Twitter misled Musk (and investors) about the presence of bots, they would be in violation and Musk could terminate the contract. He can then reconsider entirely or offer a lower price for the acquisition, which he can more easily afford. Given the above stated information, I find it difficult to believe Twitter can be found in violation of reps and warranties. Musk specifically skipped DD that could have revealed flaws in their calculation methods and Twitter makes clear that, despite their best efforts, Twitter could be off in their assessment of bot or spam mDAUs.
On the 14th, Musk said his team would check 100 accounts following \\@twitter to see if more or less than 5 are bots. If asked for critique, any high school stats student could absolutely demolish this asinine experiment design.
Musk appears to be in a legal pickle. He has already agreed to buy Twitter, but the financing terms have turned against him. Obviously he still has sufficient assets to buy the company, just not on the terms he or Tesla shareholders would like.
I don’t see there being enough evidence to find twitter in violation, no matter how many bots are in the 100 sampled accounts following \\@twitter. This would mean that twitter would be able to compel Musk to complete the transaction, even if it is against his will. Unless he loses financing, which was almost entirely unconditional, he cannot escape. But, would they? Twitter’s existing board and management has little incentive to follow through. It would be a long, messy , and expensive legal battle that would ultimately result, if successful, their new boss sacking them vindictively.
This looks like a clear cut case of buyer’s remorse for Mr. Musk. His financing of the deal is likely already unattractive for Tesla shareholders and Musk himself, given the recent drop in Tesla stock. Virtually all social media companies have re-rated significantly lower since he made his offer as well. Musk either wants to pay less or leave entirely, it appears, and it will be very difficult for him to do this on paper. Musk has already violated many laws and norms so far, what happens next is anyone's guess. It will be interesting to see what comes of this.
​
TLDR: Deteriorating conditions and Tesla's recent fall has made the deal unpalatable for Musk. Musk must pledge 80M of his remaining 85M shares to his margin loan facility and come up with $21B to complete financing at Tesla's current price -- something he can't do. He cannot simply break the contract as many people think. This bot search appears to be an attempt to find Twitter in violation, and likely should not work. If successful, he could leave or re-offer less.
| 131 |
wesfathonsbstk
| 1,652,631,528 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/uq9hwd/an_overview_of_musks_proposed_twitter_acquisition/
|
uq9hwd
|
i8pzsa1
|
he keeps [tweeting about it](https://twitter.com/elonmusk) and clearly hints that most accounts are bots. which they are not btw (surely there are a lot of bots but they all tend to reply to the same most popular accounts , so they will overall show that it s in fact a small number). for the richest man in the world, he 's just acting so transparently sleazy. BTW isn't he actually slandering twitter that way?
| 6 |
corporate_power
| 1,652,637,831 |
An Overview of Musk's Proposed Twitter Acquisition and Discussion of Recent Events.
|
I want to focus on the recent developments in Musk's offer to acquire twitter, and some aspects not always discussed in 3 minute finance articles or headlines. But first, a refresher:
Elon Musk built a 9.2% stake in Twitter during the first few months of 2022. On April 20th, he offered to take Twitter Private recently at $54.20 per share, claiming he can unlock the company’s potential. Musk secured financing the next day and entered an agreement to buy twitter. Recently he announced the deal was “on hold” pending investigation of spam and bot accounts.
This recent development about bots is unusual, especially considering Musk’s proximity to Twitter. This should have been a known concern to Musk. One would think he would have investigated this before he agreed to purchase the company. So, what exactly is going on? Why the erratic behavior? To understand, we must first look at Musk’s financing:
Musk Secured a total of $46.5B in funding on April 21st. This includes: $13B of debt for Twitter the company, 12.5B in margin loans secured against Tesla stock, and $21B in equity investment from Musk.
The debt and margin financing has a variable interest rate of 3-month SOFR +3%, and will currently cost $1B in maintenance per year plus 5% amortization for both debt facilities. Twitter cash from operations was only $600M in 2021, and not likely to exceed $1B in 2022..
The $12.5B margin loan has an initial 20% LTV with a margin call at 35%. This will require $62.5B of Tesla shares to be pledged. The fall in Tesla’s stock price has made this facility unattractive. As of close Friday, Tesla was worth $769.85 per share. This equates to a pledge of 81.2M shares at current prices. Musk had 88.3M shares pledged as of 6/30/2021, this would bring the total to 169.5M of 173M shares. This is likely not very palatable for Musk or Tesla investors.
The $21B in cash required to complete the deal throws in an extra wrench. If he were to sell Tesla shares, he would have to sell at least $25B, likely more, to come up with $21B after tax. He can’t do this and pledge sufficient shares for his margin loan facility. Spacex is highly illiquid and likely not useful as collateral. His final option is to find additional investors to come up with the $21B. This is unlikely to happen, investors are already unwilling to buy Twitter at a 30% discount to Musk’s acquisition price with Musk as the largest shareholder, and Musk's claim that he “doesn’t care about the economics” does him no favors in this endeavor. There were reports he asked around the big PE firms, none of which were interested in equity. The debt load added in the first financing transaction will also make twitter equity even less attractive to investors.
On May 13th, Musk took to Twitter to say his acquisition was on hold pending investigation of the calculations of bots and spam accounts on twitter. There are no carve-outs in the acquisition agreement to allow him to do this. Further, to expedite the deal, he waived any right to view additional non-public financial and analytical data from Twitter. Twitter already discloses that their mDAU spam estimate may not be accurate.
Per Twitter’s most recent 10k:
>The numbers of mDAU presented in this Annual Report on Form 10-K are based on internal company data. While these numbers are based on what we believe to be reasonable estimates for the applicable period of measurement, there are inherent challenges in measuring usage and engagement across our large number of total accounts around the world. Furthermore, our metrics may be impacted by our information quality efforts, which are our overall efforts to reduce malicious activity on the service, inclusive of spam, malicious automation, and fake accounts. For example, there are a number of false or spam accounts in existence on our platform. We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the fourth quarter of 2021 represented fewer than 5% of our mDAU during the quarter. The false or spam accounts for a period represents the average of false or spam accounts in the samples during each monthly analysis period during the quarter. In making this determination, we applied significant judgment, so our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated.
Twitter discloses that their calculation of spam mDAUs could be greater than 5%.
Recall Musk’s financing woes mentioned earlier. Contrary to popular belief, Musk cannot break the contract at his discretion and pay the termination fee. The only ways that Musk could leave are if twitter misled him or his financiers pulled out. The goal of Elon’s bot check appears to be to find Twitter in violation of reps and warranties. This would give him a $1B termination fee. If it could be shown that Twitter misled Musk (and investors) about the presence of bots, they would be in violation and Musk could terminate the contract. He can then reconsider entirely or offer a lower price for the acquisition, which he can more easily afford. Given the above stated information, I find it difficult to believe Twitter can be found in violation of reps and warranties. Musk specifically skipped DD that could have revealed flaws in their calculation methods and Twitter makes clear that, despite their best efforts, Twitter could be off in their assessment of bot or spam mDAUs.
On the 14th, Musk said his team would check 100 accounts following \\@twitter to see if more or less than 5 are bots. If asked for critique, any high school stats student could absolutely demolish this asinine experiment design.
Musk appears to be in a legal pickle. He has already agreed to buy Twitter, but the financing terms have turned against him. Obviously he still has sufficient assets to buy the company, just not on the terms he or Tesla shareholders would like.
I don’t see there being enough evidence to find twitter in violation, no matter how many bots are in the 100 sampled accounts following \\@twitter. This would mean that twitter would be able to compel Musk to complete the transaction, even if it is against his will. Unless he loses financing, which was almost entirely unconditional, he cannot escape. But, would they? Twitter’s existing board and management has little incentive to follow through. It would be a long, messy , and expensive legal battle that would ultimately result, if successful, their new boss sacking them vindictively.
This looks like a clear cut case of buyer’s remorse for Mr. Musk. His financing of the deal is likely already unattractive for Tesla shareholders and Musk himself, given the recent drop in Tesla stock. Virtually all social media companies have re-rated significantly lower since he made his offer as well. Musk either wants to pay less or leave entirely, it appears, and it will be very difficult for him to do this on paper. Musk has already violated many laws and norms so far, what happens next is anyone's guess. It will be interesting to see what comes of this.
​
TLDR: Deteriorating conditions and Tesla's recent fall has made the deal unpalatable for Musk. Musk must pledge 80M of his remaining 85M shares to his margin loan facility and come up with $21B to complete financing at Tesla's current price -- something he can't do. He cannot simply break the contract as many people think. This bot search appears to be an attempt to find Twitter in violation, and likely should not work. If successful, he could leave or re-offer less.
| 131 |
wesfathonsbstk
| 1,652,631,528 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/uq9hwd/an_overview_of_musks_proposed_twitter_acquisition/
|
tozqhk
|
i294ahq
|
Yes, I do believe a 85 billion dollar company will recover from a 50 million dollar lawsuit.
| 22 |
razpotim
| 1,648,338,221 |
What do you think of MMM after they just got another 50M lawsuit? If they get cheaper will you consider buying them?
|
https://www.google.com/amp/s/www.foxbusiness.com/technology/3m-50-million-army-veteran-earplugs-lawsuit.amp
"Friday's judgment is the second-largest related to earplugs produced by 3M. In January, a federal jury awarded $110 million to two Army veterans who claimed they suffered hearing damage because of the product."
So basically more than 280,000 former and current military members have sued 3M over the earplugs and veterans were award 110M and now another 50M (25/03).
Will 3M recover from this? If they do and if you have the possibility of buying them under $140 do you think it can pay out?
| 13 |
Migueli2021
| 1,648,319,471 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tozqhk/what_do_you_think_of_mmm_after_they_just_got/
|
tozqhk
|
i28nqkt
|
All I know is that they make good electrical tape. The other brands are so shit. But that’s all I know about them
| 9 |
VisionsDB
| 1,648,330,440 |
What do you think of MMM after they just got another 50M lawsuit? If they get cheaper will you consider buying them?
|
https://www.google.com/amp/s/www.foxbusiness.com/technology/3m-50-million-army-veteran-earplugs-lawsuit.amp
"Friday's judgment is the second-largest related to earplugs produced by 3M. In January, a federal jury awarded $110 million to two Army veterans who claimed they suffered hearing damage because of the product."
So basically more than 280,000 former and current military members have sued 3M over the earplugs and veterans were award 110M and now another 50M (25/03).
Will 3M recover from this? If they do and if you have the possibility of buying them under $140 do you think it can pay out?
| 13 |
Migueli2021
| 1,648,319,471 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tozqhk/what_do_you_think_of_mmm_after_they_just_got/
|
tozqhk
|
i282mv3
|
They have a much bigger lawsuit coming up. The PFOS poisoning in Belgium. https://nl.m.wikipedia.org/wiki/PFOS-schandaal#/search
If anything, I’d go very short on them.
| 7 |
XVIII-1
| 1,648,320,940 |
What do you think of MMM after they just got another 50M lawsuit? If they get cheaper will you consider buying them?
|
https://www.google.com/amp/s/www.foxbusiness.com/technology/3m-50-million-army-veteran-earplugs-lawsuit.amp
"Friday's judgment is the second-largest related to earplugs produced by 3M. In January, a federal jury awarded $110 million to two Army veterans who claimed they suffered hearing damage because of the product."
So basically more than 280,000 former and current military members have sued 3M over the earplugs and veterans were award 110M and now another 50M (25/03).
Will 3M recover from this? If they do and if you have the possibility of buying them under $140 do you think it can pay out?
| 13 |
Migueli2021
| 1,648,319,471 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tozqhk/what_do_you_think_of_mmm_after_they_just_got/
|
tozqhk
|
i284v6s
|
Stay away from this. There’s better places to put money that don’t have lawsuits up the ass on the horizon
| 6 |
Impossible-Goose-429
| 1,648,321,962 |
What do you think of MMM after they just got another 50M lawsuit? If they get cheaper will you consider buying them?
|
https://www.google.com/amp/s/www.foxbusiness.com/technology/3m-50-million-army-veteran-earplugs-lawsuit.amp
"Friday's judgment is the second-largest related to earplugs produced by 3M. In January, a federal jury awarded $110 million to two Army veterans who claimed they suffered hearing damage because of the product."
So basically more than 280,000 former and current military members have sued 3M over the earplugs and veterans were award 110M and now another 50M (25/03).
Will 3M recover from this? If they do and if you have the possibility of buying them under $140 do you think it can pay out?
| 13 |
Migueli2021
| 1,648,319,471 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tozqhk/what_do_you_think_of_mmm_after_they_just_got/
|
tchdta
|
i0dyn5v
|
I am surprised to never see discussions of SHOP on this thread. It's like a stock that doesn't even exist. Curious to see what folks have to say about it...
| 41 |
xmach83
| 1,647,104,725 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0dd1v8
|
Target and enphase are my top picks. Tons of growth left in both and both are far from their ATHs. I also like JPM and MS
| 49 |
Didntlikedefaultname
| 1,647,095,008 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0dpjcy
|
PYPL, ROKU, PENN, and DIS. I own them all, and have bought more to average down.
| 13 |
investortrade
| 1,647,100,860 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0drk4c
|
DCA’ing PYPL like an animal each time it drops. When things turn around, I don’t expect to get back to ATH but there will be a big ass pop up.
| 24 |
pirateclem
| 1,647,101,738 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0f3m2e
|
QCOM is sitting at a forward PE of 12, a Price-to-FCF of 13.5, and is growing over 30% YoY.
The current average for the S&P - forward PE of 17, Price-to-FCF of 25.8, and a revenue growth rate of 7%.
This is no longer a company completely exposed to cell phones. They have a strong IoT and automotive business and we are still in the early phases of a 5G upgrade cycle (includes base stations).
They also have extremely investor friendly senior management, a 1.8% dividend yield, and a 10B stock buyback authorization.
XLV is a 'cheap' sector as well (healthcare ETF).
| 23 |
JayArlington
| 1,647,121,825 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0deblt
|
FB, CMG, AMD, SE, CRWD, and PLTR have been what I have buying. They were all between 30-75% off their highs when I started buying.
| 43 |
WickedSensitiveCrew
| 1,647,095,654 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0fkqo2
|
$PLTR from $10-$12 range. It’s basically at its DPO pricing
| 9 |
gqreader
| 1,647,129,853 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0djte3
|
So I've mentally separated the growth stocks into two buckets - there's the stuff with a secular tailwind like the semiconductors, and there's the stuff that got way too high off covid and are likely to suffer for a some more time. I've been adding to the secular winners like AMD, Microsoft, and Crowdstrike, but also have started selectively picking at the ARKK wreckage. Grabbed a little Zoom on Friday at 98 and Pinterest a couple weeks ago. I think the important thing in this environment is to buy the companies with great balance sheets and no debt.
Talking briefly about innovation, I think people got the "idea" of innovation correct in 2020. But like the tech bubble in 2000, many of these companies are going to end up failing, and we don't know which ones are going to come out of the fire. At the time, nobody know the difference between Amazon and Yahoo 20 years into the future.
| 19 |
brandnewredditacct
| 1,647,098,283 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0ecn4w
|
Weekly buys on GOOG.
Stocking up as much as I can afford to before the 20-1 stock split in the Summer
| 16 |
SkittleznTiddiez
| 1,647,110,053 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0ddrah
|
I like APPS digital turbine for adtech. More profitable and faster forecasted growth than trade desk at only 3B valuation, but "small caps" are garbage right now so what do I know.
| 13 |
daim245
| 1,647,095,368 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0eh3b6
|
IIPR first got in at $242 a share, it’s hanging around $180, thinking about buying some this week to lower my average
| 6 |
DaddyBigBalls69
| 1,647,111,892 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0gbccf
|
$NVDA is going to be a very huge player in artificial intelligence, the metaverse, digital biology, robotics & autonomous vehicles this decade.
Also, Jensen Huang is one of the best tech CEOs in the space!!
| 6 |
TonyLiberty
| 1,647,143,668 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0dszmx
|
I would argue NVDA is still overpriced. Not my first choice of a stock that has fallen
| 18 |
DexicJ
| 1,647,102,352 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0dxcav
|
I can’t believe more people don’t have Meta on here. It’s a FAANG blue chip tech company at around 14 PE, which is lower than some utility companies.
| 15 |
KaneIntent
| 1,647,104,186 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
tchdta
|
i0dq4bg
|
You guys are brave buying in this market.
I don't think the 12.5% drop we saw till now in the S&P is the bottom.
Especially when last year it gain almost 27%.
Guess will see lower lows and lower high the following months.
If I'm wrong will lose the upside.
| 8 |
AlexJiang27
| 1,647,101,113 |
Are there any high growth/high valuation stocks that have fallen a lot from their highs that you have started buying?
|
My new positions are: Nvidia at 215, AMD at 106, Square/Block at 103, TSM at 102, SOFI at 8.77, SnowFlake at 180, Spotify at 125, and PayPal at 110.
Other stocks that have fallen from their highs, but aren't really that high growth/high PE include: Apple at 156, Microsoft at 280, 3M at 141, Intel at 48, Starbucks at 84, Micron at 73, Corsair Gaming at 20, and Skyworks at 130.
Some of these stocks, especially the first set I listed, I feel I might still be overpaying despite these big drops, so I have plenty of cash in reserve to average down if needed.
| 176 |
Hayden97
| 1,647,094,902 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/tchdta/are_there_any_high_growthhigh_valuation_stocks/
|
t96d4t
|
hzsg88z
|
Are you pricing in their lawsuits? I wonder if they can do something like JNJ did and spin off the part of their business exposed to litigation to protect shareholders from the cost.
| 13 |
AP9384629344432
| 1,646,707,904 |
3M (MMM) Extreme Dip Buy Candidate
|
First off: this is a trend analysis, not fundamental analysis, and it's just my particular method of looking for extreme dip buys. I screen on fundamentals before I run any of these numbers on a company.
10-year trendlines: MMM is currently below both its linear and exponential 10-year growth curves by a significant amount. 2 standard deviations below would be a price target around 136 (currently about 5% above). Its current downward deviation from trend is the 2nd largest in the past 10 years (the largest being the COVID crash).
PE ratio: Its current PE ratio of 14.17 is the lowest it's been in 10 years, with a mode (nearest integer round) of 17 and mean of 21. 2 standard deviations below mean is a PE of 14, so this basically puts it at the PE price target.
200-weekly MA Deviation: Currently at around -20% deviation from its 200 weekly. This is the 2nd largest downward deviation in 10 years (again, the largest being the COVID crash). Again, at/below target.
Miscellaneous considerations: [Revenue is relatively consistent over time.](https://www.macrotrends.net/stocks/charts/MMM/3m/revenue). [EPS also relatively consistent.](https://www.macrotrends.net/stocks/charts/MMM/3m/eps-earnings-per-share-diluted). And since "safe" stocks with a solid dividend yield seem to be the current vogue (outside of energy, commodities, and defense), it has a 4.16% dividend yield [with a solid history of increasing dividends.](https://www.macrotrends.net/stocks/charts/MMM/3m/dividend-yield-history).
I'll admit the chart looks terrible, and the current general market environment doesn't look great, but in the past 10 years, the only better time to buy was the COVID crash.
I went in a tad early at $148.70 with a 2% starting position.
| 23 |
HeyYoChill
| 1,646,706,832 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/t96d4t/3m_mmm_extreme_dip_buy_candidate/
|
t96d4t
|
hzsl11r
|
Over 250,000 lawsuits to go average payout per lawsuit so far just over two million.THAT’S all the analysis you need to know.
| 10 |
Ok_Bottle_2198
| 1,646,710,182 |
3M (MMM) Extreme Dip Buy Candidate
|
First off: this is a trend analysis, not fundamental analysis, and it's just my particular method of looking for extreme dip buys. I screen on fundamentals before I run any of these numbers on a company.
10-year trendlines: MMM is currently below both its linear and exponential 10-year growth curves by a significant amount. 2 standard deviations below would be a price target around 136 (currently about 5% above). Its current downward deviation from trend is the 2nd largest in the past 10 years (the largest being the COVID crash).
PE ratio: Its current PE ratio of 14.17 is the lowest it's been in 10 years, with a mode (nearest integer round) of 17 and mean of 21. 2 standard deviations below mean is a PE of 14, so this basically puts it at the PE price target.
200-weekly MA Deviation: Currently at around -20% deviation from its 200 weekly. This is the 2nd largest downward deviation in 10 years (again, the largest being the COVID crash). Again, at/below target.
Miscellaneous considerations: [Revenue is relatively consistent over time.](https://www.macrotrends.net/stocks/charts/MMM/3m/revenue). [EPS also relatively consistent.](https://www.macrotrends.net/stocks/charts/MMM/3m/eps-earnings-per-share-diluted). And since "safe" stocks with a solid dividend yield seem to be the current vogue (outside of energy, commodities, and defense), it has a 4.16% dividend yield [with a solid history of increasing dividends.](https://www.macrotrends.net/stocks/charts/MMM/3m/dividend-yield-history).
I'll admit the chart looks terrible, and the current general market environment doesn't look great, but in the past 10 years, the only better time to buy was the COVID crash.
I went in a tad early at $148.70 with a 2% starting position.
| 23 |
HeyYoChill
| 1,646,706,832 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/t96d4t/3m_mmm_extreme_dip_buy_candidate/
|
sztkxo
|
hy5wu5p
|
RIP to anyone who invested in this. It was a favorite of those idiotic clickbait Youtube """investing""" channels.
| 58 |
linuxdooder
| 1,645,657,079 |
LMND drops 20% after disappointing outlook, Q4 earnings fall short of consensus
|
Lemonade (NYSE:LMND) stock tumbled 20% in afterhours trading Wednesday after poor Q1 and full-year guidance, as well as missing Q4 earnings consensus estimate.
Sees Q1 revenue of $41M-$43M vs. consensus of $44.0M; in-force premium at March 31 of $405M-$410M vs. $380.1M at Dec. 31, 2021.
Sees Q4 gross earned premium of $92M-$94M vs. $89.3M in Q4.
Q4 GAAP EPS of -$1.14 vs. consensus estimate of -$1.12 and -$1.08 in Q3.
Q4 premium per customers of $266 vs. $254 in Q3.
Q4 adjusted EBITDA loss of $51.2M vs. loss of $51.3M in Q3
Q4 total revenue of $41.0M exceeded consensus of $39.4M; compares with $35.7M in Q3.
In-force premium, on an annualized basis, increased by 78% Y/Y to $380.1M; customer count rose by 43% to 1.42M and premium per customer of $266 increased by 25%.
Q4 sales and marketing expense fell to $37.2M from $42.2M in Q3 and $22.9M in Q4 2020; technology development expense increased to $16.4M from $14.3M in Q3.
Net loss ratio of 98% vs. 81% in Q3.
| 47 |
rockinoutwith2
| 1,645,654,352 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sztkxo/lmnd_drops_20_after_disappointing_outlook_q4/
|
sztkxo
|
hy61s3d
|
A few highlights from the quarterly report.
* Shares outstanding up by 10%.
* Stock based compensation of $20 million on $40 million revenue.
* Loss of $70 million on $40 million revenue.
| 32 |
weatherjunky
| 1,645,659,157 |
LMND drops 20% after disappointing outlook, Q4 earnings fall short of consensus
|
Lemonade (NYSE:LMND) stock tumbled 20% in afterhours trading Wednesday after poor Q1 and full-year guidance, as well as missing Q4 earnings consensus estimate.
Sees Q1 revenue of $41M-$43M vs. consensus of $44.0M; in-force premium at March 31 of $405M-$410M vs. $380.1M at Dec. 31, 2021.
Sees Q4 gross earned premium of $92M-$94M vs. $89.3M in Q4.
Q4 GAAP EPS of -$1.14 vs. consensus estimate of -$1.12 and -$1.08 in Q3.
Q4 premium per customers of $266 vs. $254 in Q3.
Q4 adjusted EBITDA loss of $51.2M vs. loss of $51.3M in Q3
Q4 total revenue of $41.0M exceeded consensus of $39.4M; compares with $35.7M in Q3.
In-force premium, on an annualized basis, increased by 78% Y/Y to $380.1M; customer count rose by 43% to 1.42M and premium per customer of $266 increased by 25%.
Q4 sales and marketing expense fell to $37.2M from $42.2M in Q3 and $22.9M in Q4 2020; technology development expense increased to $16.4M from $14.3M in Q3.
Net loss ratio of 98% vs. 81% in Q3.
| 47 |
rockinoutwith2
| 1,645,654,352 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sztkxo/lmnd_drops_20_after_disappointing_outlook_q4/
|
sztkxo
|
hy6a4kc
|
Thanks for less than mothing Motley Fool.
| 24 |
doublefoundation247
| 1,645,662,817 |
LMND drops 20% after disappointing outlook, Q4 earnings fall short of consensus
|
Lemonade (NYSE:LMND) stock tumbled 20% in afterhours trading Wednesday after poor Q1 and full-year guidance, as well as missing Q4 earnings consensus estimate.
Sees Q1 revenue of $41M-$43M vs. consensus of $44.0M; in-force premium at March 31 of $405M-$410M vs. $380.1M at Dec. 31, 2021.
Sees Q4 gross earned premium of $92M-$94M vs. $89.3M in Q4.
Q4 GAAP EPS of -$1.14 vs. consensus estimate of -$1.12 and -$1.08 in Q3.
Q4 premium per customers of $266 vs. $254 in Q3.
Q4 adjusted EBITDA loss of $51.2M vs. loss of $51.3M in Q3
Q4 total revenue of $41.0M exceeded consensus of $39.4M; compares with $35.7M in Q3.
In-force premium, on an annualized basis, increased by 78% Y/Y to $380.1M; customer count rose by 43% to 1.42M and premium per customer of $266 increased by 25%.
Q4 sales and marketing expense fell to $37.2M from $42.2M in Q3 and $22.9M in Q4 2020; technology development expense increased to $16.4M from $14.3M in Q3.
Net loss ratio of 98% vs. 81% in Q3.
| 47 |
rockinoutwith2
| 1,645,654,352 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sztkxo/lmnd_drops_20_after_disappointing_outlook_q4/
|
sztkxo
|
hy5yilo
|
During the COVID period, co-ceo Shai Winniger sold more $ worth of shares than the company’s quarterly revenue.
Source https://mobile.twitter.com/agusnox/status/1496613811947810827
Poor retail investors left holding the bag among all this techno-utopia hype. AI, insur tech and other buzz words.
| 15 |
BeginnerInvestor
| 1,645,657,775 |
LMND drops 20% after disappointing outlook, Q4 earnings fall short of consensus
|
Lemonade (NYSE:LMND) stock tumbled 20% in afterhours trading Wednesday after poor Q1 and full-year guidance, as well as missing Q4 earnings consensus estimate.
Sees Q1 revenue of $41M-$43M vs. consensus of $44.0M; in-force premium at March 31 of $405M-$410M vs. $380.1M at Dec. 31, 2021.
Sees Q4 gross earned premium of $92M-$94M vs. $89.3M in Q4.
Q4 GAAP EPS of -$1.14 vs. consensus estimate of -$1.12 and -$1.08 in Q3.
Q4 premium per customers of $266 vs. $254 in Q3.
Q4 adjusted EBITDA loss of $51.2M vs. loss of $51.3M in Q3
Q4 total revenue of $41.0M exceeded consensus of $39.4M; compares with $35.7M in Q3.
In-force premium, on an annualized basis, increased by 78% Y/Y to $380.1M; customer count rose by 43% to 1.42M and premium per customer of $266 increased by 25%.
Q4 sales and marketing expense fell to $37.2M from $42.2M in Q3 and $22.9M in Q4 2020; technology development expense increased to $16.4M from $14.3M in Q3.
Net loss ratio of 98% vs. 81% in Q3.
| 47 |
rockinoutwith2
| 1,645,654,352 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sztkxo/lmnd_drops_20_after_disappointing_outlook_q4/
|
sztkxo
|
hy64rcd
|
Lmnd is a dumpster fire trade at your own risk
| 5 |
UltimateTraders
| 1,645,660,439 |
LMND drops 20% after disappointing outlook, Q4 earnings fall short of consensus
|
Lemonade (NYSE:LMND) stock tumbled 20% in afterhours trading Wednesday after poor Q1 and full-year guidance, as well as missing Q4 earnings consensus estimate.
Sees Q1 revenue of $41M-$43M vs. consensus of $44.0M; in-force premium at March 31 of $405M-$410M vs. $380.1M at Dec. 31, 2021.
Sees Q4 gross earned premium of $92M-$94M vs. $89.3M in Q4.
Q4 GAAP EPS of -$1.14 vs. consensus estimate of -$1.12 and -$1.08 in Q3.
Q4 premium per customers of $266 vs. $254 in Q3.
Q4 adjusted EBITDA loss of $51.2M vs. loss of $51.3M in Q3
Q4 total revenue of $41.0M exceeded consensus of $39.4M; compares with $35.7M in Q3.
In-force premium, on an annualized basis, increased by 78% Y/Y to $380.1M; customer count rose by 43% to 1.42M and premium per customer of $266 increased by 25%.
Q4 sales and marketing expense fell to $37.2M from $42.2M in Q3 and $22.9M in Q4 2020; technology development expense increased to $16.4M from $14.3M in Q3.
Net loss ratio of 98% vs. 81% in Q3.
| 47 |
rockinoutwith2
| 1,645,654,352 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sztkxo/lmnd_drops_20_after_disappointing_outlook_q4/
|
sx6gbp
|
hxqcd6m
|
In general: industrials utilize relatively more debt in order to grow, because their operations are capital-intensive. E.g. At some point,, for 3M to sell more Post-It Notes, they have to pay for an entire new Post-It Note assembly line.
Specifically, 3M is 72nd percentile among industrial conglomerates for total debt/asset ratio (high). But it's 100th percentile in EBITD margin, 91st percentile in profit margin, 100th percentile on return on equity, assets, and investment.
So it has slightly more debt than its peers, but it's using the debt efficiently.
However...growth metrics are below 50th percentile, so it's more efficient but growing slower than peers.
What does that all mean? Nobody knows, and that's where the risk of investing lies.
| 129 |
HeyYoChill
| 1,645,381,175 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sx6gbp
|
hxqoi0y
|
Did you just take a single metric and tried to draw conclusions upon it? If you read the financials, read everything.
They may have 16 bln in debt, but their interest expense is only on the order of ~500 mil a year. Their revenues are 35 billion a year, profits 5bln after tax.
So no, a long term debt of less than half yearly revenues is not that large.
Their expense for this debt is less than 1.5% of the revenue. So i think it is quite reasonable to assume this debt creates more income than it costs.
| 42 |
monkeyStinks
| 1,645,386,184 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sx6gbp
|
hxq5w2h
|
When debt is super cheap, why not leverage as much as possible to build operations that will eventually pay down debt? Leverage up if money is this cheap.
| 63 |
Capital4Unbankable
| 1,645,378,548 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sx6gbp
|
hxqa1dh
|
In a low interest rate, high inflation environment cash is actually a liability. It’s great to have on hand but it doesn’t earn you anything and with inflation it’s losing value. They usually like to keep the ratios in check but in their ideal world they’d borrow all of the money from today for future profit.
| 12 |
Slim_Margins1999
| 1,645,380,238 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sx6gbp
|
hxqncez
|
Wow that’s bad. Sounds like a sticky situation
| 16 |
abatwithitsmouthopen
| 1,645,385,696 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sx6gbp
|
hxqb5l4
|
Whats worrisome about the debt? It looks like they're able to keep funding operations, make acquisitions and pay a dividend. At a glance it looks pretty normal.
| 7 |
Potato_Octopi
| 1,645,380,689 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sx6gbp
|
hxqemi2
|
A lot people say this stuff but its really not bad. A lot of people just see debt and think thats bad. Debt is not bad depending on how you leverage it. If you can take out $50.00 in debt and make $200.00 a year from it from assets thats really good. Also another fact on that too is we are in a zero interest rate environment so it makes sense for companies to take on cheap debt. Thats why big tech ex. Apple, Microsoft, and Amazon have a good amount of debt. It would be not smart for these companies to take advantage of that money.
| 8 |
JRshoe1997
| 1,645,382,092 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sx6gbp
|
hxq7g5t
|
I’d be more concerned with the crazy court cases they have piling up with the hearing protection and the PFOS contamination. I’m bag holding 3M, missed my chance to get out at a reasonable loss.
| 5 |
Rooster_Abject
| 1,645,379,184 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sx6gbp
|
hxq5r2z
|
14 billion debt is quite low ( surprisingly)
For example apple has 114 billion in long term debt
Amazon has about 58 billion debt
As you said, Majority of companies has some sort of debt, the question is not how big the debt is but how good are they are managing thay debt
| 6 |
DarkCerberus1332
| 1,645,378,493 |
3M High Debt
|
I know 3M (MMM) is a popular dividend stock and they make a lot of products everyone uses but they have about $16 billion in debt with around $4 billion in cash. Is anyone concerned about this? I know they’ve been going strong for longer than I’ve been alive but this seems it could come back around down the road. I understand majority of companies carry debt and very few could pay it all off if they wanted, but this seems to be worrisome. If anyone has thoughts I’d love to hear.
Disclosure: I’ve owned 3M before but I don’t at this current moment
| 74 |
jtrichjr
| 1,645,378,281 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sx6gbp/3m_high_debt/
|
sabkrx
|
htucuft
|
If TSLA and MSFT miss, we’re seriously fucked.
| 6 |
AtaturkDeVyre
| 1,642,914,027 |
Wall Street Week Ahead for the trading week beginning January 24th, 2022
|
Good Saturday afternoon to all of you here on r/stocks! I hope everyone on this sub made out pretty nicely in the market this past week, and are ready for the new trading week ahead. :)
Here is everything you need to know to get you ready for the trading week beginning January 24th, 2022.
# **Markets are expected to remain on edge as the Fed meets in the week ahead - [(Source)](https://www.cnbc.com/2022/01/21/markets-are-expected-to-remain-on-edge-as-the-fed-meets-in-the-week-ahead.html)**
*****
> Market turbulence is likely to continue in the week ahead as the Federal Reserve meets and the biggest of big tech —Apple and Microsoft — report earnings.
*****
> Stocks on Friday closed out their worst week since 2020, with big losses in technology and consumer discretionary names. FANG darling Netflix was ripped after its Thursday afternoon earnings, and traders are watching to see whether the same fate will take down other big tech names.
*****
> It was a painful week on Wall Street, with the Nasdaq slumping 7.6% for the week, its worst performance since March, 2020. The S&P 500 ended the week at 4,397, down 5.7%, and is now 8.7% from its Jan. 4 high.
*****
> The Nasdaq has fallen 15.5% from its high and is off to its worst start to the year, through the first 14 trading days, since 2008, according to FactSet.
*****
> The Federal Reserve’s meeting Tuesday and Wednesday trumps everything else for markets, as investors await any new clues on how much the central bank will raise interest rates this year and when it will start. Economists expect the Fed to steer markets to a quarter-percentage-point March rate hike.
*****
> There is also an avalanche of major earnings reports expected, including nearly half the Dow 30′s blue chips, such as 3M, IBM, Intel, Caterpillar and American Express. The two biggest stocks in terms of market capitalization, Microsoft and Apple, report Tuesday and Thursday respectively. Tesla reports Wednesday.
*****
> The economy will also be a focus with a first look at fourth-quarter GDP on Thursday, and Friday’s personal consumption expenditures data, which includes the Fed’s preferred inflation measure.
*****
> Stocks could be in for more volatile trading, after a wild week of seesaw action resulted in steep declines in major indexes. The weakest major sectors for the week were consumer discretionary, off 8.5%, followed by communication services and technology, both lower by about 7%.
*****
> Earnings season has been mixed so far with some high-profile negative stock reactions when investors did not like what they heard.
*****
> Netflix stock cratered Friday, losing 22% after a disappointing disclosure about subscriber data when it released earnings Thursday afternoon. JP Morgan Chase fell sharply a week earlier when it reported higher expenses and slower trading activity.
*****
> “We do not think that the earnings season is a macro catalyst to send the indexes significantly in one direction or the other. This is a stock-by-stock story,” said Julian Emanuel, chief equity, derivatives and quantitative strategist at Evercore ISI.
*****
> “The good reports are likely to be rewarded but in a much more muted fashion, whereas the companies that miss on either [revenues or earnings] are going to be disproportionately punished. It doesn’t matter if you beat or miss, but if you had negative comment around margins and costs, you’re going to pay a price,” he added.
*****
> # Fed ahead
> The same inflation that is showing up in rising costs in company earnings and higher prices has become a major concern for the Fed. Investors will be listening closely to hear how worried the Fed is about inflation when Chairman Jerome Powell briefs the media Wednesday afternoon after the policymaking Federal Open Market Committee releases its statement.
*****
> The Fed is not expected to raise interest rates or change policy at this meeting, but it could be setting the stage for how it will act when it finishes up its bond buying program, likely in March. Many economists expect the Fed could start raising its fed funds target rate from near-zero with a quarter-percentage-point hike in March.
*****
> “The baseline is we see four hikes and the start of quantitative tightening somewhere around the middle to later in the year,” Emanuel said. “I don’t think the Fed is going to do anything to talk the market out of that stance.”
*****
> The Fed has also said it could move to shrink its balance sheet this year, and that would be another type of policy tightening, as the central bank steps back from replacing the maturing securities on its balance with market purchases. That would in essence start to decrease the size of the nearly $9 trillion balance sheet.
*****
> The Fed has sounded much more hawkish, or in favor of rate hikes and other policy tightening, particularly since it released its December forecast. Powell is not likely to change his tone this week, even with stocks selling off, Emanuel said.
*****
> “If Powell were going to come off sounding dovish, the presumption would be that would be a positive for the market, but we might argue that would not be,” he said. “If the market doesn’t really believe he’s going with the four-hike plan, it’s very likely that 10-year yields which have broken out of the three-year range by going over 1.80%, could make a very quick move to 2%.”
*****
> He added “growth is already backfooted versus value. That would be very destabilizing for the market.”
*****
> The Fed is already considered to be behind the curve by some Fed watchers.
*****
> “The Fed has never responded this slowly to an emerging inflation risk and even today is signaling a benign hiking cycle,” wrote Ethan Harris, Bank of America’s head of global economic research. “If they are wrong, and inflation settles closer to 3% than 2%, it is bad news for both stocks and bonds.”
*****
> # Bond yields stall
Bond yields continued to stair-step higher early in the past week but fell back down by the end of the week. The widely watched benchmark 10-year Treasury yield touched 1.9% in the middle of the week before slipping back to 1.76% Friday.
*****
> Ian Lyngen, BMO head of U.S. rates strategy, said the bond market is pricing in a move in the fed funds rate to 1.75%. He said the Fed would have to indicate it could push the funds target higher in order for the 10-year to get to 2%
*****
> “We expect it will consolidate in this range until Wednesday,” Lyngen said. “If the Fed does not come out as more hawkish, then we’ll see a classic ‘buy the rumor, sell the fact,’ and the 10-year yield drifts lower.” Yields move opposite price.
*****
> Tech and growth stocks have been most negatively impacted by the move higher in rates. Those stocks are valued on the prospect of their future profits, and the assumption is in an environment of cheap money, valuations can be higher.
*****
> But as the Fed tightens and inflation continues to flare, many strategists expect cyclical and value stocks to perform better. Since the start of the year, the technology sector is down 11.4%. Energy has been the outperformer, and is the only major sector higher this year, up 12.8%.
*****
> “The Fed’s whole intent of this is to tighten financial conditions so in a way, if you’re the Fed what you’ve seen in the first three weeks of the year you may be perfectly fine with,” Emanuel said. “I don’ think if you’re Powell you’re going to try to talk the market out of the mode that it’s currently in. I think you’re pretty happy with how the year has started.”
*****
> Emanuel expects the S&P 500 to end the year at 5,100. As for the current sell-off, he said the S&P 500 is likely to reach its 200-day moving average at about 4,425, but there’s no guarantee that will be the bottom of this sell-off.
*****
# **This past week saw the following moves in the S&P:**
###### **([CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!](https://i.imgur.com/c4Tevzq.png))**
# **S&P Sectors for this past week:**
###### **([CLICK HERE FOR THE S&P SECTORS FOR THE PAST WEEK!](https://i.imgur.com/6SHlagj.png))**
# **Major Indices for this past week:**
###### **([CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!](https://i.imgur.com/QqKyMQj.png))**
# **Major Futures Markets as of Friday's close:**
###### **([CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!](https://i.imgur.com/WHRJ6n4.png))**
# **Economic Calendar for the Week Ahead:**
###### **([CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!](https://i.imgur.com/yqzcr7u.png))**
# **Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/QWERqr2.png))**
# **S&P Sectors for the Past Week:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/sDiPd7N.png))**
# **Major Indices Pullback/Correction Levels as of Friday's close:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/LMLaGvv.png))**
# **Major Indices Rally Levels as of Friday's close:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/NNrHmeH.png))**
# **Most Anticipated Earnings Releases for this week:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/qEznZhN.jpg))**
# **Here are the upcoming IPO's for this week:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/tcASncK.png))**
# **Friday's Stock Analyst Upgrades & Downgrades:**
###### **([CLICK HERE FOR THE CHART LINK #1!](https://i.imgur.com/3Njz2b4.png))**
###### **([CLICK HERE FOR THE CHART LINK #2!](https://i.imgur.com/4GJ13ur.png))**
###### **([CLICK HERE FOR THE CHART LINK #3!](https://i.imgur.com/4ny0D0N.png))**
###### **([CLICK HERE FOR THE CHART LINK #4!](https://i.imgur.com/nO7W7ua.png))**
###### **([CLICK HERE FOR THE CHART LINK #5!](https://i.imgur.com/kQW86Bp.png))**
*****
> # Tech Sheds a Trillion
> Earlier this week in our Sector Weightings report, we highlighted how the weight of the Technology sector remains well above that of any other sector, though, it did come off recent highs. In terms of market cap, the Tech sector is still valued at nearly $11 trillion. The next largest sectors are Health Care and Consumer Discretionary at a little over $5 trillion. Utilities is currently the only sector with a market cap under $1 trillion. Remember, back in April 2020, the S&P 1500 Energy sector's market cap got down to just $701 billion!
> Taking a look at the changes three weeks into the new year, Tech has already shed over a trillion dollars in market cap. Combined, Consumer Discretionary, Health Care, and Communication Services have also fallen by over a trillion dollars. Meanwhile, only Energy has seen its market cap increase.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2022/01/012122-Sector-Mkt-caps.png))**
> As for the individual stocks of the S&P 500, there are currently five members with market caps above $1 trillion, and those five stocks have seen a combined drop in market cap of roughly $850 billion year to date. Apple (AAPL) and Microsoft (MSFT) are the biggest of these with market caps of $2.69 trillion and $2.65 trillion respectively, and as such, their declines year to date are the largest of any S&P 500 stock. Of the 25 largest S&P 500 members, only a handful have seen their market caps rise so far in 2022. Exxon Mobil (XOM) has seen the largest increase followed by Berkshire Hathaway (BRK/B) and Chevron (CVX).
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2022/01/012122-Sector-Mkt-caps-Largest.png))**
> In the table below, we show the 25 S&P 500 stocks that have seen their market caps rise the most this year. Not only does an Energy stock top the list, but across these 25 names, Energy stocks have the most representation. Financials also have a decent number making the list while not a single Consumer Discretionary or Tech name is to be found.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2022/01/012122-Sector-Mkt-caps-Largest-2.png))**
*****
> # More Lows Than Highs
> With more than half of the S&P 500 lower today, the index is once again looking to end the week in the red and with weak breadth. As a result of the consistent declines lately across the index, the net reading of the percentage of stocks at new 52-week highs versus lows is on pace to see the first negative reading since December 2nd.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2022/01/012122-Large1.png))**
> Moving down through the spectrum of market caps, the readings on net new highs only get worse. The S&P 400 which is comprised of mid-cap names has an even lower reading of -6.23% of net new highs today. That is the lowest since November 30th, and prior to that, you would have to go back to the record low readings of March 2020 to find the last time that there were as wide of a margin between the number of stocks hitting new lows versus new highs.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2022/01/012122-Mid1.png))**
> Moving down again to the small cap S&P 600, once again the reading only gets worse. This index is seeing a double-digit negative reading. With a net 11.13% at new 52-week lows, it is the weakest reading since March 23, 2020 and is in the 5th percentile of readings going back to the start of the data in 1995.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2022/01/012122-Small-1.png))**
*****
> # A/D Line Nearing Selling Climax Indices Test Support
> ###### **([CLICK HERE FOR THE CHART!](https://64.media.tumblr.com/64a7ee5e9da88666041b4b7de0f5fe94/fe55510aae9d31ed-2b/s500x750/5127f441c3e9ad3199f819af9d1707739eed8d33.jpg))**
> Today’s late market selloff put further pressure on support levels as 69% of stocks traded today declined while only 26% advanced, including all of the nearly 9000 stocks traded on NYSE, AMEX and NASDAQ combined. This is close to the Advance Decline Selling Climax levels 70% total issues declining with no more than 15% advancing. It appears we are nearing the end of this January selloff, which may occur as we approach the FOMC meeting next week.
> The chart above shows the major market averages have caught up with the decline in the NASDAQ and NYSE Advance/Decline Lines that has been going on in earnest since July 2021 and more precipitously since the November highs. NDX and NASDAQ have both hit the 10% correction level this week down -10.4% and -11.9% respectively at today’s close. From their early January highs DJIA and S&P 500 are down -5.7% and -6.5% respectively.
> As you can see from the chart below the NASDAQ 100 (NDX) has fallen through two support levels at 15700 and 15250 rather quickly over the past two weeks. In the process NDX and breached it’s 50- (pink line) and 200-day (blue line) moving averages and two monthly pivot point support levels (green dotted lines) as well as the uptrend line since the March 2021 low. NDX currently sits just below 14900 support and right on the uptrend line from the September/October 2020 lows.
> ###### **([CLICK HERE FOR THE CHART!](https://64.media.tumblr.com/ae53509e4b75c8d99d5e4a62d8f340ba/fe55510aae9d31ed-e9/s500x750/e49b5e34a2b512f362cc48c8b7016a2ecc3a1bf5.jpg))**
*****
> # How Did Stocks Do The First Year Under President Biden?
> President Biden took over the Oval Office a year ago yesterday, on January 20, 2021. So how did things go for the stock market? Let’s dive into it.
> “The Dow gained 12.3% the first year under President Biden, which is right about the average first year return of 12.1%,” explained LPL Financial Chief Market Strategist Ryan Detrick. “But where things really stand out is how many new highs were made, with a very impressive 43 new highs, the third most ever.”
> As we share in the LPL Chart of the Day, the Dow gained 12.3% during his first year in office, which ranks 9th out of all the first years for all Presidents since 1900.
> ###### **([CLICK HERE FOR THE CHART!](https://i0.wp.com/lplresearch.com/wp-content/uploads/2022/01/blog-chart-1.21.22-1.png))**
> Breaking it down a little more, stocks historically have done much better under a Democrat that first year than under a Republican, although that 91% gain under FDR had a lot to do with that. Still, stocks rose more than 30% during both President Obama’s and President Trump’s first years, breaking with the historical trend.
> And of course, let’s not forget that stocks did amazingly well right after President Biden won the election in November 2020, so you could say some of those gains were pulled forward perhaps. Here’s a chart we shared a year ago on this. It was the best Election Day to Inauguration Day return ever.
> ###### **([CLICK HERE FOR THE CHART!](https://i0.wp.com/lplresearch.com/wp-content/uploads/2022/01/Blog-1.21.22-2.png))**
> Lastly, the stock market’s gain during President Biden’s first 100 days in office was one of the best ever.
> ###### **([CLICK HERE FOR THE CHART!](https://i0.wp.com/lplresearch.com/wp-content/uploads/2022/01/blog-1.21.22-3.png))**
> All in all, the economy and stocks did quite well the first year under President Biden. Given this is a midterm year and emotions will run high, we want to remind investors to separate your politics from your investments. Many people have not liked past Presidents, only to miss out on big gains. A strong economy (and we expect it to be this year) matters a lot more to your investments than the makeup of Congress or who is in the White House.
*****
> # January Seasonal Pattern Update: Tech & Small-Cap Extend Declines
> As of today’s close NASDAQ is down 8.3% and the Russell 2000 is down 8.1%. S&P 500 and DJIA are down 4.9% and 3.6% respectively. This is the worst start to a year on the 12th trading day since 2016 when DJIA, S&P 500, NASDAQ and Russell 2000 were all down over 9%. Compared to the recent 21-year seasonal pattern for January, weakness could persist through the end of the month, but given the current magnitude of declines some modest recovery before the end of the month is also likely. One possible catalyst for a late-month rally could come from the Fed on January 26.
> ###### **([CLICK HERE FOR THE CHART!](https://64.media.tumblr.com/0d01d8406f0b650d4360e841792a1b5a/4776f7f5429b4398-90/s500x750/35aae9447bf4c43515d3a04ec88550f0d07d6f5f.jpg))**
*****
> The first Fed rate hike is like taking the training wheels off. Some volatility is perfectly normal, but by no means does it mean you fall down. In fact, bull markets go another 3 years plus after the first Fed hike, with the S&P 500 up nearly 70%.
> ###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/zyQEBTd.png))**
> Today the S&P 500 closed beneath it's December low during the first quarter. Happened 36 other times since 1950. Full year up 50% of time and up only 0.3% on avg. Definitely a concern for the bulls. Not the end of the world, but a worrisome signal.
> ###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/9fmezdB.png))**
> Compare this to the 36 times the December lows held in Q1. S&P 500 up 18.6% on average and higher 94% of the time.
> ###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/yKzBj2A.jpg))**
> Here's a nice way to show how the December Low Indicator is a big deal. The 36 times the December lows held in Q1, full year was rather strong. The 36 times it didn't hold (like 2022), there was some tougher sledding. For now, we chalk this up as a warning sign.
> ###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/wrNHRqZ.jpg))**
> The S&P 500 is down 5.9% in Jan so far. Worst since 2016 when it was down 9.0% at one point during the month (closed the month down 5.1% though). Worst ever? Down 10.8% in 2008 and 10.9% in 2009. Again, this is the monthly low, not what where it closed at the end of the month.
> It is worth noting that midterm years can be quite weak early in the year. Incredibly, the average midterm year (since '50) is actually down YTD as of October 5th..
> ###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/pQBJkMy.jpg))**
> The S&P 500 has already pulled back 6.5% this year. Remember though, the average year (since 1980) sees a 14% pullback and your average midterm year (since 1950) pulls back 17%. After a year with very little volatility, the bottom line is 2022 was likely due for a rockier ride.
> ###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/npltDLJ.jpg))**
*****
Here are the most notable companies reporting earnings in this upcoming trading week ahead-
*****
###### **([CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!](https://i.imgur.com/qEznZhN.jpg))**
###### **([CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!](https://i.imgur.com/kE8ZPsR.png))**
###### **([CLICK HERE FOR THE MOST NOTABLE EARNINGS RELEASES FOR THE NEXT 4 WEEKS!](https://i.imgur.com/86akBly.jpg))**
###### **([CLICK HERE FOR THE NOTABLE EARNINGS BEFORE THE OPEN ON MONDAY!](https://i.imgur.com/ZQyNlWb.jpg))**
*****
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:
*****
> # ***Monday 1.24.22 Before Market Open:***
> ###### ([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!](https://i.imgur.com/cRpi9xZ.png))
> # ***Monday 1.24.22 After Market Close:***
> ###### ([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!](https://i.imgur.com/Wuze873.png))
*****
> # ***Tuesday 1.25.22 Before Market Open:***
> ###### ([CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!](https://i.imgur.com/YsNBVxL.png))
> # ***Tuesday 1.25.22 After Market Close:***
> ###### ([CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!](https://i.imgur.com/BBg3Ilg.png))
*****
> # ***Wednesday 1.26.22 Before Market Open:***
> ###### ([CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!](https://i.imgur.com/4YPm5Of.png))
> # ***Wednesday 1.26.22 After Market Close:***
> ###### ([CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!](https://i.imgur.com/u2H8JM1.png))
*****
> # ***Thursday 1.27.22 Before Market Open:***
> ###### ([CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/tFZDX0A.png))
> ###### ([CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/0s4CS6Q.png))
> # ***Thursday 1.27.22 After Market Close:***
> ###### ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/l41XKjD.png))
> ###### ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/WnrZhJC.png))
*****
> # ***Friday 1.28.22 Before Market Open:***
> ###### ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK!](https://i.imgur.com/1JUO97V.png))
*****
> # ***Friday 1.28.22 After Market Close:***
> ###### ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)
*****
> # Tesla, Inc. $943.90
> **Tesla, Inc. (TSLA)** is confirmed to report earnings at approximately 4:10 PM ET on Wednesday, January 26, 2022. The consensus earnings estimate is $2.26 per share on revenue of $15.75 billion and the Earnings Whisper ® number is $2.71 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 276.67% with revenue increasing by 46.59%. Short interest has decreased by 23.1% since the company's last earnings release while the stock has drifted higher by 10.3% from its open following the earnings release to be 17.1% above its 200 day moving average of $806.16. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, January 21, 2022 there was some notable buying of 10,310 contracts of the $1,000.00 call and 9,782 contracts of the $900.00 put expiring on Friday, January 28, 2022. Option traders are pricing in a 10.4% move on earnings and the stock has averaged a 3.1% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=TSLA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Apple, Inc. $162.41
> **Apple, Inc. (AAPL)** is confirmed to report earnings at approximately 4:30 PM ET on Thursday, January 27, 2022. The consensus earnings estimate is $1.89 per share on revenue of $118.17 billion and the Earnings Whisper ® number is $1.95 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 12.50% with revenue increasing by 6.04%. Short interest has decreased by 4.9% since the company's last earnings release while the stock has drifted higher by 10.3% from its open following the earnings release to be 9.9% above its 200 day moving average of $147.71. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, January 19, 2022 there was some notable buying of 58,212 contracts of the $170.00 call expiring on Friday, January 28, 2022. Option traders are pricing in a 5.6% move on earnings and the stock has averaged a 3.8% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=AAPL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Microsoft Corp. $296.03
> **Microsoft Corp. (MSFT)** is confirmed to report earnings at approximately 4:10 PM ET on Tuesday, January 25, 2022. The consensus earnings estimate is $2.29 per share on revenue of $50.84 billion and the Earnings Whisper ® number is $2.39 per share. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 12.81% with revenue increasing by 18.02%. Short interest has decreased by 18.9% since the company's last earnings release while the stock has drifted lower by 6.3% from its open following the earnings release to be 1.5% above its 200 day moving average of $291.62. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, January 18, 2022 there was some notable buying of 8,938 contracts of the $310.00 call expiring on Thursday, April 14, 2022. Option traders are pricing in a 6.6% move on earnings and the stock has averaged a 2.8% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=MSFT&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Boeing Co. $205.44
> **Boeing Co. (BA)** is confirmed to report earnings at approximately 7:30 AM ET on Wednesday, January 26, 2022. The consensus estimate is for a loss of $0.15 per share on revenue of $17.15 billion and the Earnings Whisper ® number is ($0.12) per share. Investor sentiment going into the company's earnings release has 52% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 99.02% with revenue increasing by 12.06%. Short interest has decreased by 0.1% since the company's last earnings release while the stock has drifted lower by 3.5% from its open following the earnings release to be 7.9% below its 200 day moving average of $222.96. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, January 21, 2022 there was some notable buying of 4,707 contracts of the $250.00 call expiring on Friday, March 4, 2022. Option traders are pricing in a 6.3% move on earnings and the stock has averaged a 3.3% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=BA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Intel Corp. $52.04
> **Intel Corp. (INTC)** is confirmed to report earnings at approximately 4:00 PM ET on Wednesday, January 26, 2022. The consensus earnings estimate is $0.90 per share on revenue of $18.39 billion and the Earnings Whisper ® number is $1.07 per share. Investor sentiment going into the company's earnings release has 51% expecting an earnings beat The company's guidance was for earnings of approximately $0.90 per share. Consensus estimates are for earnings to decline year-over-year by 40.79% with revenue decreasing by 7.95%. Short interest has increased by 16.4% since the company's last earnings release while the stock has drifted higher by 3.3% from its open following the earnings release to be 31.2% below its 200 day moving average of $75.69. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, January 14, 2022 there was some notable buying of 14,537 contracts of the $60.00 call expiring on Thursday, April 14, 2022. Option traders are pricing in a 7.4% move on earnings and the stock has averaged a 9.7% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=INTC&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Johnson & Johnson $164.87
> **Johnson & Johnson (JNJ)** is confirmed to report earnings at approximately 6:25 AM ET on Tuesday, January 25, 2022. The consensus earnings estimate is $2.12 per share on revenue of $25.26 billion and the Earnings Whisper ® number is $2.28 per share. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 13.98% with revenue increasing by 12.39%. Short interest has decreased by 5.9% since the company's last earnings release while the stock has drifted higher by 2.5% from its open following the earnings release to be 0.8% below its 200 day moving average of $166.13. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, January 7, 2022 there was some notable buying of 2,377 contracts of the $175.00 call expiring on Friday, March 18, 2022. Option traders are pricing in a 3.3% move on earnings and the stock has averaged a 1.8% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=JNJ&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Halliburton Company $27.54
> **Halliburton Company (HAL)** is confirmed to report earnings at approximately 6:45 AM ET on Monday, January 24, 2022. The consensus earnings estimate is $0.34 per share on revenue of $4.08 billion and the Earnings Whisper ® number is $0.35 per share. Investor sentiment going into the company's earnings release has 59% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 88.89% with revenue increasing by 26.04%. Short interest has decreased by 19.8% since the company's last earnings release while the stock has drifted higher by 5.3% from its open following the earnings release to be 22.0% above its 200 day moving average of $22.57. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, January 11, 2022 there was some notable buying of 5,977 contracts of the $23.00 put expiring on Friday, February 18, 2022. Option traders are pricing in a 7.5% move on earnings and the stock has averaged a 2.0% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=HAL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # AT&T Corp. $26.61
> **AT&T Corp. (T)** is confirmed to report earnings at approximately 6:30 AM ET on Wednesday, January 26, 2022. The consensus earnings estimate is $0.76 per share on revenue of $40.68 billion and the Earnings Whisper ® number is $0.82 per share. Investor sentiment going into the company's earnings release has 51% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 1.33% with revenue decreasing by 10.97%. The stock has drifted higher by 1.9% from its open following the earnings release to be 2.4% below its 200 day moving average of $27.26. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, January 6, 2022 there was some notable buying of 80,645 contracts of the $20.00 call expiring on Friday, January 20, 2023. Option traders are pricing in a 4.3% move on earnings and the stock has averaged a 2.3% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=T&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # General Electric Co. $96.30
> **General Electric Co. (GE)** is confirmed to report earnings at approximately 6:15 AM ET on Tuesday, January 25, 2022. The consensus earnings estimate is $0.83 per share on revenue of $21.65 billion and the Earnings Whisper ® number is $0.88 per share. Investor sentiment going into the company's earnings release has 42% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 29.69% with revenue decreasing by 1.27%. Short interest has decreased by 20.6% since the company's last earnings release while the stock has drifted lower by 8.9% from its open following the earnings release to be 6.5% below its 200 day moving average of $102.98. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, January 4, 2022 there was some notable buying of 5,155 contracts of the $105.00 call expiring on Friday, March 18, 2022. Option traders are pricing in a 6.0% move on earnings and the stock has averaged a 2.0% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=GE&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Verizon Communications $53.16
> **Verizon Communications (VZ)** is confirmed to report earnings at approximately 7:30 AM ET on Tuesday, January 25, 2022. The consensus earnings estimate is $1.28 per share on revenue of $33.90 billion and the Earnings Whisper ® number is $1.33 per share. Investor sentiment going into the company's earnings release has 45% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 5.79% with revenue decreasing by 2.28%. The stock has drifted higher by 0.7% from its open following the earnings release to be 2.4% below its 200 day moving average of $54.48. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, January 6, 2022 there was some notable buying of 12,553 contracts of the $45.00 call expiring on Friday, June 17, 2022. Option traders are pricing in a 3.2% move on earnings and the stock has averaged a 1.6% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](https://charts.finviz.com/chart.ashx?t=VZ&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
# DISCUSS!
What are you all watching for in this upcoming trading week?
*****
I hope you all have a wonderful weekend and a great trading week ahead r/stocks. :)
| 39 |
bigbear0083
| 1,642,884,019 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/sabkrx/wall_street_week_ahead_for_the_trading_week/
|
rg7adr
|
hoib7c4
|
Don’t think it’s COVID, more like jPow talking tomorrow. Market is spooked
| 6 |
TheReal_AlphaPatriot
| 1,639,488,470 |
(12/14) Tuesday's Pre-Market Stock Movers & News
|
#Good morning traders and investors of the r/stocks sub! Welcome to Tuesday! Here are your pre-market stock movers & news on this Tuesday, December 14th, 2021-
*****
# [Stock futures slip lower ahead of key inflation data, Fed meeting](https://www.cnbc.com/2021/12/13/stock-market-futures-open-to-close-news.html)
*****
> U.S. stock index futures were marginally lower during morning trading Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment.
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> Futures contracts tied to the S&P 500 futures declined 0.13% while and Nasdaq 100 futures were off by nearly 0.5%. Futures for the Dow Jones Industrial Average bounced between gains and losses.
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> Tesla shares were among the biggest early droppers on the S&P 500, falling 2.3% premarket after CEO Elon Musk announced that that he has sold another $906.5 million in shares.
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> Fellow automaker Ford also fell, down 2.2% following news that by 2030 Toyota would be investing $35 billion into battery-powered electronic vehicles, a space where Ford has sought to establish itself as a leader. Toyota itself declined even more, with shares off 3.4% premarket.
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> Pfizer shares rose nearly 1% after final results of tests on its Covid drug showed it reduced hospitalizations and deaths by 89% in high-risk patients.
*****
> The market will get fresh inflation data Tuesday when November’s producer price index number is reported. Economists are expecting it to show that prices rose 0.5% for the month, according to estimates from Dow Jones. This would be a slight slowdown from October’s 0.6% increase.
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> The Federal Reserve also kicks off its two-day meeting on Tuesday. The central bank will release a statement on Wednesday with quarterly projections for the economy, inflation and interest rates. Chairman Jerome Powell will also hold a press conference.
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> Morgan Stanley CEO James Gorman told CNBC on Monday that he thinks the central bank should start raising rates soon.
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> “The Federal Reserve would be better off storing away some of rate increases, so when the inevitable turn down comes, you’ve got some ammunition to fight with,” he said. “At the moment, at zero interest rates, we have no ammunition.”
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> Investors will be watching closely for commentary around if the Fed plans to accelerate the end of its bond-buying program. At present, the central bank’s asset purchase program will end in June 2022, but several officials have spoken about ending the purchases sooner.
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> “So far the bond market has given the Fed a pass on inflation — whether it will continue to do so is in doubt,” noted Willie Delwiche, investment strategist at All Star Charts. “The real fireworks coming from the meeting are likely to be around expectations for rate hikes in 2022,” he added.
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> The latest CNBC Fed Survey showed that investment professionals and economists expect the Fed to wind down its asset purchases by March and begin rate hikes in June.
*****
> During trading Monday, the Dow slid 0.89%, or 320 points, while the S&P 500 dipped 0.9%. The Nasdaq Composite fell 1.39% as investors rotated out of technology stocks with high valuations.
*****
> Shares of airlines and cruise line operators declined amid fears that the omicron variant could slow travel.
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> While equities fell broadly on Monday, growth areas of the market underperformed. The iShares Russell 1000 Growth ETF dipped 1.22%, while the iShares Russell 1,000 Value ETF declined 0.45%.
*****
> Despite Monday’s decline for equities, the S&P 500 is roughly 1.6% below its Nov. 22 all-time intraday high. The Dow is 2.5% below its record, while the Nasdaq Composite is about 5% under its high-water mark. The Russell 2000 index is down a sharper 11.3% since its Nov. 8 high.
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> Looking forward, some strategists, including LPL Financial’s Ryan Detrick, believe there’s upside ahead for equities.
*****
> “We believe pent-up demand, gradual improvement in supply chain challenges, solid labor force growth, and productivity gains will all contribute to another year of above-trend economic growth in 2022,” he wrote in a note to clients. “COVID-19-related risks remain and the potential for a policy mistake may be elevated as the economy moves towards normalization, but we think the overall environment will be supportive of business growth and ultimately equity markets,” he added.
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#STOCK FUTURES CURRENTLY:
######(**[CLICK HERE FOR STOCK FUTURES CHARTS!](https://finviz.com/futures.ashx)**)
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#YESTERDAY'S MARKET MAP:
######(**[CLICK HERE FOR YESTERDAY'S MARKET MAP!](https://i.imgur.com/YagIT4P.png)**)
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#TODAY'S MARKET MAP:
######(**[CLICK HERE FOR TODAY'S MARKET MAP!](https://finviz.com/map.ashx)**)
*****
#YESTERDAY'S S&P SECTORS:
######(**[CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!](https://i.imgur.com/QbEGJFO.png)**)
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#TODAY'S S&P SECTORS:
######(**[CLICK HERE FOR TODAY'S S&P SECTORS CHART!](https://finviz.com/groups.ashx)**)
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#TODAY'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!](https://i.imgur.com/R1qJCX7.png)**)
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#THIS WEEK'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!](https://i.imgur.com/iF0hbEZ.png)**)
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#THIS WEEK'S UPCOMING IPO'S:
######(**[CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!](https://i.imgur.com/FwXIQ6E.png)**)
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#THIS WEEK'S EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!](https://i.imgur.com/jciUpQX.png)**)
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#THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!](https://i.imgur.com/uoK7zjI.png)**)
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#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!](https://i.imgur.com/h4BXqOf.png)**)
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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!](https://i.imgur.com/MlwKSl1.png)**)
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#YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/koovGpo.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/LDsAuVQ.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!](https://i.imgur.com/z72OmNg.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #4!](https://i.imgur.com/g8nGAU7.png)**)
*****
#YESTERDAY'S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!](https://i.imgur.com/ilrOHpX.png)**)
*****
#TODAY'S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!]()**)
(N/A.)
*****
#THIS MORNING'S STOCK NEWS MOVERS:
######(**source: [cnbc.com](https://www.cnbc.com/2021/12/14/stocks-making-the-biggest-moves-premarket-gamestop-amc-beyond-meat-and-others.html)**)
*****
> **GameStop (GME)** – The videogame retailer – one of the so-called “meme” stocks – lost another 3.1% in the premarket following a nearly 14% tumble yesterday to its lowest close since March. GameStop had seen its stock slide last week after reporting a wider quarterly loss.
> #**STOCK SYMBOL:** GME
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=GME&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/GME)**)
*****
> **AMC Entertainment (AMC)** – The movie theater operator’s stock slid 6% in premarket trading, after extending a losing streak to 3 days with a more than 15% plummet Monday. Last week, CEO Adam Aron sold all his holdings in AMC while CFO Sean Goodman sold the bulk of his AMC stock.
> #**STOCK SYMBOL:** AMC
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=AMC&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/AMC)**)
*****
> **Beyond Meat (BYND)** – The maker of plant-based meat substitutes saw its stock jump 4.8% in premarket action, putting it in a position to break a 3-day losing streak. Piper Sandler upgraded the stock to “neutral” from “underweight,” saying a nationwide launch at McDonald’s (MCD) could happen within less than 3 months.
> #**STOCK SYMBOL:** BYND
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=BYND&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/BYND)**)
*****
> **Pfizer (PFE)** – The drugmaker said a final study of its antiviral Covid-19 pill showed it to be 89% effective in preventing hospitalizations and deaths in high-risk patients, similar to what earlier studies had shown. It added that the drug appears to be effective against the omicron variant.
> #**STOCK SYMBOL:** PFE
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=PFE&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/PFE)**)
*****
> **Tesla (TSLA)** – Tesla shares slid 1.5% in premarket trading after CEO Elon Musk sold more of his holdings to cover tax bills generated by the exercising of stock options. Tesla has dropped more than 20% from its all-time high and its overall market value has fallen back under the $1 trillion mark.
> #**STOCK SYMBOL:** TSLA
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TSLA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/TSLA)**)
*****
> **Weibo (WB)** – Weibo slid 5.3% in the premarket after the China-based social networking company was fined 3 million yuan (about $471,000) by regulators, who said some of Weibo’s accounts and content violated various laws and regulations.
> #**STOCK SYMBOL:** WB
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=WB&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/WB)**)
*****
> **Terminix Global (TMX)** – The pest control company’s shares soared 21.9% in the premarket after it agreed to be acquired by British rival Rentokil for $6.7 billion in cash and stock.
> #**STOCK SYMBOL:** TMX
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TMX&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/TMX)**)
*****
> **Alcoa (AA)** – The aluminum producer’s shares rallied 4.2% in premarket trading following news that the stock will be added to the S&P Midcap 400 Index prior to the opening of trading next Monday. It replaces Hill-Rom Holdings, which is being acquired by Baxter International (BAX).
> #**STOCK SYMBOL:** AA
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=AA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/AA)**)
*****
> **Dell Technologies (DELL)** – The computer maker’s stock was downgraded to “in line” from “outperform” at Evercore, which notes Dell’s nearly 60% appreciation this year ahead of what it sees as a moderating personal computer market. Dell lost 1.7% in the premarket.
> #**STOCK SYMBOL:** DELL
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=DELL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/DELL)**)
*****
> **Ralph Lauren (RL)** – The apparel maker slid 3% in the premarket after a Goldman Sachs double downgrade to “sell” from “buy” on the thesis that brand momentum indicators are fading.
> #**STOCK SYMBOL:** RL
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=RL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/RL)**)
*****
> **Neogen (NEOG)** – The food safety company’s stock surged 12.1% in premarket trading after it announced a deal to combine itself with the food safety division of 3M (MMM).
> #**STOCK SYMBOL:** NEOG
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=NEOG&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/NEOG)**)
*****
#**FULL DISCLOSURE:**
> /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.
*****
#**DISCUSS!**
What's on everyone's radar for today's trading day ahead here at r/stocks?
*****
# **I hope you all have an excellent trading day ahead today on this Tuesday, December 14th, 2021! :)**
| 11 |
bigbear0083
| 1,639,487,860 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/rg7adr/1214_tuesdays_premarket_stock_movers_news/
|
qwxmsh
|
hl5su2u
|
This will be a funny footnote when we talk about the early 2020s EV bubble many years from now.
| 14 |
Dick_Wiener
| 1,637,265,033 |
Naked / Cenntro Merger … an undervalued EV?
|
Hopefully since this is a NASDAQ listed company it is OK to post this here….
I’ve been thinking about this one and wanted to sleep on it and crunch some numbers to see what a real valuation of this weird sorta deal would be. I had to research both companies to see how this would work. I’m also just going to copy and paste some other persons article where it makes sense…why waste time.
Naked Brand is an apparel stock that has been on the edge of Nasdaq delisting for several years.
Cenntro Automotive is a privately held electric commercial vehicle maker looking to expand its production to meet soaring demand.
The oddly assorted companies are planning a merger that will bring Cenntro public and give it a cash infusion.
Couple important things to consider…per Schwab:
Shares outstanding are 906M
It shows 0% held by institutions but I’m not sure that is correct.
Market Cap is 627.3M.
“Naked's acquisition of Cenntro is clearly extinguishing Naked as a swimsuit and lingerie company, meaning Naked is acting in a manner very similar to a SP** and launching an effective initial public offering (IPO) for Cenntro through the merger. Naked is bringing $282 million in cash to the deal, after already providing Cenntro with a $30 million loan to help it ramp up its EV production.
Naked will spin off FOH Online, the e-commerce branch of Frederick's of Hollywood that it acquired back in 2018 for $18.2 million, as part of the merger process. Curiously, the new Cenntro will continue trading under the Naked ticker on the Nasdaq exchange, according to the press release.”
I really like this actually. Cenntro gets a lot of cash so no more share dilution right now. I’m not thrilled with the almost 1B shares but compared to other companies it is fine I guess. Naked keeps its FOH business which goes back to being a private company most likely. So far so good…
I then spent some time on Cenntro’s website and I like the vehicles. I work in one of the largest cities in the US and their vehicles are exactly the type I see running around downtown delivering to restaurants, businesses, etc….This is really more of a rival to Rivian and Ford delivery vans then it is to the luxury market. I love this point since the luxury sedan market is quickly getting too much competition….you want to be in a business that other businesses want to buy from, not retail.
Important facts from the website:
3300+ Vehicles Delivered
20 Million+ Miles Traveled
238 Patents Granted
32+ Countries Certified
26+ Countries Shipped
6+ Assembly Plants
That’s right…..they have 6 assemble plants already. What other EV manufacture has that?
Check out their website: https://www.cenntroauto.com
I actually really like all their vehicles but check out the ORV and iChassis. The iChassis is an autonomous driving platform that is pretty cool. I have not seen anything like it from the other EV manufactures. The metro can be anything from a small dump truck (perfect for landscapers in parks, golf courses, etc) and the Logistar 400 is basically a UPS style van. I think once you see their vehicle fleet you will be pretty impressed.
Current Targets:
In 2021, 1,500 vehicles delivered, $25.3 million in revenue.
In 2022, 21,500 vehicles delivered, $506 million in revenue.
In 2023, 74,800 vehicles delivered, $2.1 billion in revenue.
IF they can accomplish this, the stock is trading at about 1.25X next years revenue. Yup….
Final Thoughts:
“On April 24, the index sent a noncompliance warning to Naked after its shares traded under $1 for 30 consecutive days. At that point, Nasdaq officials gave Naked the standard 180 days to raise its bid price above $1 for 10 consecutive days to comply or be taken off the index. Naked failed to meet the deadline by the Oct. 26 deadline, but Nasdaq granted a 180-day extension on Oct. 27. The company must now comply by April 25, 2022.”
Cenntro is not going to take this route to go public if they think there is a high likelihood that the stock will stay under $1. They are betting it gets above $1 and they are going to do whatever they need to do to get it there. For the next six months I expect to see:
Constant updates for vehicle sales to pump up the stock price.
1. Updates for patents and vehicle upgrades.
2. “Surprise” beat on earnings first two quarters of 2022.
3. No further dilution by offering more stock…that would take the price down.
4. Ticker symbol change announcement once the deal is finalized by the end of 2021.
5. At least one major deal with a big company before April 2022.
6. They have 8 trade shows on their current calendar…hopefully will lead to more sales.
Bear Case:
Cenntro’s targets could be too aggressive and they can’t meet them. This doesn’t seem likely to me but companies often offer too rosy of a future outlook.
People can’t get past the Naked brand and don’t buy the stock which leads to de-listing. (This is why I’m pretty positive they will request a ticker change with NASDAQ).
There are too many shares and bag holders which will cause resistance on the way up. (This didn’t stop Lucid and SOFI….they had so many bag holders in the 20s after they dropped down to the teens).
They say they have 6+ assembly plants…so far in my research I have only found references to facilities in Jacksonville, Florida and Düsseldorf, Germany.
With the shareholder split 70% / 30 % at the close of the transaction, I have no idea how this will effect the stock of naked shareholders. Any experts that can enlighten?
Most important comment from CEO of Cenntro in call: “While we confidentially submitted a draft S-1 to go public via an IPO, we came to believe that Naked allowed us to go public faster, providing the working capital to support our substantial backlog. “. And that my friends, is as bullish as it gets.
Don’t look at this as buying the previous company….you are buying shares of Cenntro.
Position: 20k Shares.
| 17 |
Phx-Jay
| 1,637,264,066 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qwxmsh/naked_cenntro_merger_an_undervalued_ev/
|
qtzgu6
|
hkn8n4a
|
Yeah no thanks I’m not shorting tsla I don’t feel like getting my face ripped off
| 152 |
Parliament--
| 1,636,928,479 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qtzgu6
|
hkniwig
|
Right away you're suggesting to buy puts while the IV is high, you really shouldn't do that. IV crush will, you know, crush you. There is very little evidence that the price is going to move downward enough to actually make much money and the downside risk is massive. Sell leap puts instead, I sold one last week and collected 27k in premium which I can buy shares with and ride the pop when he done selling.
| 31 |
questioillustro
| 1,636,932,873 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qtzgu6
|
hknajdl
|
He sold 1.2m shares on Friday alone for a total of 6.3m so far or 37% of total. That's an average of 1.2m a day. So at that pace he should be done in around 8-9 days
| 18 |
CognitiveFart
| 1,636,929,275 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qtzgu6
|
hkmxvjn
|
Lots of poor people right now that held puts and/or shorted Tesla. No thanks
| 65 |
IndyCollector24
| 1,636,924,237 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qtzgu6
|
hkmxxcw
|
> Furthermore he filed to the SEC that he will sell back in September, so the Twitter poll was a show.
This is only true for the options he exercised and shares he sold to pay the tax. The shares sold Tuesday through Friday had no such disclosure.
| 25 |
angelus97
| 1,636,924,258 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qtzgu6
|
hknfrzn
|
I buy 1 share of tesla when it trading close to $999, if it go lower I can avg down, if it go back up, I can hold it or take profit later.
| 9 |
coolcomfort123
| 1,636,931,513 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qtzgu6
|
hknh8f3
|
ok short it and then show the gains later
| 17 |
PoEisFine69
| 1,636,932,154 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qtzgu6
|
hknll52
|
There is a gap between 909 and 950 ish. I would expect it to land in that range if not lower.
| 6 |
DaughterofOgun
| 1,636,934,036 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qtzgu6
|
hknxhc9
|
Listen buddy I think TSLA is completely disconnected and should be nowhere near where its at. But by no means I think you should short. Literally the best thing to do with Tesla is do nothing. Listen to the magic conch shell. Don’t buy and dont short. This stock is basically the wild west of the market and Wall Street and Reddit loves to play games with this stock. Your betting this negative news is going to have an effect on the stock while in the past Tesla has typically not gone down on negative news and rather tends to overreact on positive news. I would not short this thing. Its basically a huge gamble at that point.
| 8 |
JRshoe1997
| 1,636,939,495 |
Extraordinary market situation for Tesla (TSLA) right now. Musk is selling 10% of his holdings. I found daily repeating patterns, is it poss
|
Ok so I there is an extraordinary opportunity to trade Tesla right now
# How it started:
[https://twitter.com/elonmusk/status/1457064697782489088](https://twitter.com/elonmusk/status/1457064697782489088)
As per this tweet he announced to sell 10% of his stocks, which was at the time of his tweet: 172,6m ordinary shares
He started on monday 8th november and started selling. We know exactly how much he sells each day since he needs to file those numbers to the SEC. You can find them here: [click](https://ir.tesla.com/sec-filings)
This is the proof he is really selling as announced.
You may check this article to see its legit:
[https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389](https://www.marketwatch.com/story/elon-musk-sells-tesla-stock-in-plan-set-before-twitter-poll-sec-filing-shows-11636591389)
# How it is going:
I found this graphic on Twitter which visualizes his sales in relation to the performance of the Tesla share price: [here](https://twitter.com/RawBooty2/status/1459121681549733893)
This shows that Elons sales continously move the price downwards. Please note that the graphic wasnt updated for fridays sales yet. I will update it as soon as its available.
# Now the interesting part We know how many shares he still has to sell !
It is 17,3m shares (10% of 172,6m) minus what has been sold already.
**So that is 10,8m shares left for sale** since we know from SEC files he sold 6,5m shares until friday.
I copied all the SEC files in one Excel document and calculated the sales volumes.
​
If we assume he will continue to sell 500k - 1,2k shares a day as he did the last three days that means **he will be selling for another 9-23 trading days**.
So how do we use this knowledge ?
Well I assume and the chart proves it that the buyers will not be willing to jump in front of the bus while Elon dumps his shares. So there is a really good chance we see lower prices until he is done.
Unfortunately i cant include pictures in this post. I will give you guys a link to a post with pictures in the comments.
There was a rise in SP on Wednesday but he filed his first SEC report on Wednesday evening.
So ever since it is public knowledge that he **really** started selling and how much he sells it was going down.
# How to play it:
I see several possibilities to take profit from this knowledge
1. Hold puts until Elon is almost done
2. Sell a part of holding now and buy it back later at lower prices (some say thats what EMusk might intend to do)
3. Hold puts until Elon is done and reinvest your gains in calls
4. Look at the daily patterns, caused by Elons broker dumping shares
Again, i cant post pictures here. I will include the link to the pictured post in the comments.
You might notice that each day from Wednesday to Friday starts with a dip and then a mini rally which peaks between 10:30 AM and 11:00 AM. Followed by descending prices through the day.
Currently i am holding puts which i bought last monday and wednesday.
I am no financial advisor and please dont regard this as any form of advice or recommendation.
Please do your own due dilligence!
Edit updated numbers due to a mistake with fridays sales volume
| 77 |
CarlosVegan
| 1,636,923,980 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qtzgu6/extraordinary_market_situation_for_tesla_tsla/
|
qmlkj7
|
hjaewyb
|
I don't understand this company and why anyone would want to use Roku. I didn't understand when it was going up and I still dont understand when its crashing lol
Like in all seriousness, can someone please explain me? Is their entire business model is to do something that companies like Google (Chromecast), Amazon (Fire TV), Apple (Apple TV), Xbox, Playstation, inbuild TV Android OS etc. do it for fun?
Like as someone myself who has Apple TV or Firestick for like $50, what can I do with Roku that I can't currently do. Serious question.
| 10 |
daynightcase
| 1,636,037,877 |
What's happened to roku in the last 6ish months? Down 38% from its ATH back in June. Lack of moat catching up to them?
|
Makes perfect sense to me that it's down so much because it's valuation always seemed absurd but you know, so does everything else these days.
Recent news suggests it's user growth is slower than expected, 1.3m users vs 1.7m expected.
But what about earlier in the year, anybody know whats happened?
| 11 |
thefurnaceboy
| 1,636,035,415 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qmlkj7/whats_happened_to_roku_in_the_last_6ish_months/
|
qmlkj7
|
hjaavcb
|
One of the reasons is Roku trying to strong arm Google and YouTube TV in their negotiations.
YouTube TV no longer available for download, would have to access it thru YouTube. So many YouTube TV users just use a Google Chromecast or other streaming platform options.
| 5 |
MiamiFan-305
| 1,636,036,246 |
What's happened to roku in the last 6ish months? Down 38% from its ATH back in June. Lack of moat catching up to them?
|
Makes perfect sense to me that it's down so much because it's valuation always seemed absurd but you know, so does everything else these days.
Recent news suggests it's user growth is slower than expected, 1.3m users vs 1.7m expected.
But what about earlier in the year, anybody know whats happened?
| 11 |
thefurnaceboy
| 1,636,035,415 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qmlkj7/whats_happened_to_roku_in_the_last_6ish_months/
|
qdbizt
|
hhlxclh
|
MMM and LMT are the two a friend that works as a CPA for a rich person recommended to me. He especially like 3M.
| 20 |
teacher272
| 1,634,903,437 |
Dividends w/ Reasonable Balance Sheet + Growth
|
Just wanted to share my list of recommendations to my mom when she asked for suggestions:
1. Realty Income Corporation (ticker O)
2. Walgreens Boots Alliance (ticker WBA)
3. 3M (ticker MMM)
4. Marten Transport (ticker MRTN)
5. Graham Corporation (ticker GHM)
6. Cerner Corporation (ticker CERN)
7. Argan, Inc. (ticker AGX)
8. McCormick & Company, Incorporated (ticker MKC)
9. The Kroger Co. (ticker KR)
10. KB Home (ticker KBH)
11. Molson Coors Beverage Company (ticker TAP)
12. T. Rowe Price Group, Inc. (ticker TROW)
13. General Mills, Inc. (ticker GIS)
14. Lockheed Martin Corporation (ticker LMT)
15. Schnitzer Steel Industries, Inc. (ticker SCHN)
For the most part all large established companies with high levels of institutional ownership that pay healthy dividends and have reasonable growth prospects and/or low debt.
| 44 |
GemelosAvitia
| 1,634,886,925 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qdbizt/dividends_w_reasonable_balance_sheet_growth/
|
qdbizt
|
hhmzztl
|
I’d be careful on Walgreens. They don’t own PBM, but CVS does!
| 5 |
bigdogc
| 1,634,920,530 |
Dividends w/ Reasonable Balance Sheet + Growth
|
Just wanted to share my list of recommendations to my mom when she asked for suggestions:
1. Realty Income Corporation (ticker O)
2. Walgreens Boots Alliance (ticker WBA)
3. 3M (ticker MMM)
4. Marten Transport (ticker MRTN)
5. Graham Corporation (ticker GHM)
6. Cerner Corporation (ticker CERN)
7. Argan, Inc. (ticker AGX)
8. McCormick & Company, Incorporated (ticker MKC)
9. The Kroger Co. (ticker KR)
10. KB Home (ticker KBH)
11. Molson Coors Beverage Company (ticker TAP)
12. T. Rowe Price Group, Inc. (ticker TROW)
13. General Mills, Inc. (ticker GIS)
14. Lockheed Martin Corporation (ticker LMT)
15. Schnitzer Steel Industries, Inc. (ticker SCHN)
For the most part all large established companies with high levels of institutional ownership that pay healthy dividends and have reasonable growth prospects and/or low debt.
| 44 |
GemelosAvitia
| 1,634,886,925 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qdbizt/dividends_w_reasonable_balance_sheet_growth/
|
qdbizt
|
hhlm0yo
|
I get this is /r/stocks, where people build portfolios, but are there any reasons to choose some of these rather than schd?
| 8 |
backfire97
| 1,634,895,066 |
Dividends w/ Reasonable Balance Sheet + Growth
|
Just wanted to share my list of recommendations to my mom when she asked for suggestions:
1. Realty Income Corporation (ticker O)
2. Walgreens Boots Alliance (ticker WBA)
3. 3M (ticker MMM)
4. Marten Transport (ticker MRTN)
5. Graham Corporation (ticker GHM)
6. Cerner Corporation (ticker CERN)
7. Argan, Inc. (ticker AGX)
8. McCormick & Company, Incorporated (ticker MKC)
9. The Kroger Co. (ticker KR)
10. KB Home (ticker KBH)
11. Molson Coors Beverage Company (ticker TAP)
12. T. Rowe Price Group, Inc. (ticker TROW)
13. General Mills, Inc. (ticker GIS)
14. Lockheed Martin Corporation (ticker LMT)
15. Schnitzer Steel Industries, Inc. (ticker SCHN)
For the most part all large established companies with high levels of institutional ownership that pay healthy dividends and have reasonable growth prospects and/or low debt.
| 44 |
GemelosAvitia
| 1,634,886,925 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qdbizt/dividends_w_reasonable_balance_sheet_growth/
|
qdbizt
|
hhm3wgg
|
I like Israeli Chemicals $ICL. Too big to fail in Israel, and its a foolproof business model. Dry out water from the Dead Sea and turn it into fertilizer, electronics parts, and battery components. There's no life in those waters so there's no environmental risk, and Israel values being self sufficient on food enough that they'd never let the fertilizer maker get in trouble.
| 6 |
Coomer-Boomer
| 1,634,907,104 |
Dividends w/ Reasonable Balance Sheet + Growth
|
Just wanted to share my list of recommendations to my mom when she asked for suggestions:
1. Realty Income Corporation (ticker O)
2. Walgreens Boots Alliance (ticker WBA)
3. 3M (ticker MMM)
4. Marten Transport (ticker MRTN)
5. Graham Corporation (ticker GHM)
6. Cerner Corporation (ticker CERN)
7. Argan, Inc. (ticker AGX)
8. McCormick & Company, Incorporated (ticker MKC)
9. The Kroger Co. (ticker KR)
10. KB Home (ticker KBH)
11. Molson Coors Beverage Company (ticker TAP)
12. T. Rowe Price Group, Inc. (ticker TROW)
13. General Mills, Inc. (ticker GIS)
14. Lockheed Martin Corporation (ticker LMT)
15. Schnitzer Steel Industries, Inc. (ticker SCHN)
For the most part all large established companies with high levels of institutional ownership that pay healthy dividends and have reasonable growth prospects and/or low debt.
| 44 |
GemelosAvitia
| 1,634,886,925 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/qdbizt/dividends_w_reasonable_balance_sheet_growth/
|
q15jgs
|
hfcqi5x
|
Only delivers to Canada and the US and only caters to women. Where's the moat here? Depop is international and all gender.
| 10 |
kill_all_flies
| 1,633,357,387 |
How ThredUP is quietly building a moat around online second hand clothing
|
The current model used by Poshmarck, Mercari, Depop and the others operating in this space is focused on individuals selling their clothing to other individuals.
While it may seem enticing for some people to get a few extra bucks for clothing pieces they no longer wear, when you account for shipping, taxes, commissions, listings, dealing with potential buyers, returns, etc... the payout is extremely low.
Meanwhile, ThredUP has focused on a different approach, building distribution centers able to process millions of clothing pieces, operating as a vertically integrated company, investing in plant equipment and machinery that will yield great results in the future, giving them pricing power over the other platforms. By sending "Clean Out Kits", sellers can fill their boxes with clothing they want to sell and ship it to thredUP. They will process it, list it and sell it, and you will get a piece of it. ThredUP currently has 74% gross margins, with and average order value of $68. They buy from 500k sellers annually and have 1.3M active buyers on the site. The CEO has stated they are not able to meet the demand from sellers, while orders have increased 22% YoY to 1.22M just on the past quarter.
Just recently, the company announced a new 600,000-square-foot distribution center in Lancaster, Tex.
The four-level facility will house 10 million items, more than doubling the number of items in its network, bringing the total to 16.5 million items. This new distribution center is much more automated and efficient compared to the other ones, as the company is now moving more volume and has years of data to develop the distribution center detailed to their needs.
By owning distribution centers, they not only serve individuals but also clothing brands such as GAP, Rebook, Madewell, Wallmart, and many others through their RaaS program. As clothing retail companies are under scrutiny from buyers for their "fast fashion" business models running sweatshops in 3rd world countries, many clothing companies are starting to make a move towards more sustainable business practices to cater to the upcoming Gen Z. All of this will add to ThredUp bottom line.
I believe the company is doing the necessary investments and operating under a business model that will position themselves as a possible leader in the second hand clothing industry which is projected to be $77B in the next 5 years ($33B currently).
| 24 |
bearsgotoalaskanstfu
| 1,633,354,449 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/q15jgs/how_thredup_is_quietly_building_a_moat_around/
|
p3zklx
|
h8vu3kl
|
I like and hate GoodRx. I don’t like when patients show me the coupon while I’m ringing them out. I tell them come back in 15 minutes to redo the billing. Then they say it’s ok. I’ll pay.
-pharmacist
| 13 |
Curious-Manufacturer
| 1,628,923,770 |
GoodRx Due Diligence: A Healthcare Disruptor with High Upside
|
**Overview**
“GoodRx was founded to provide consumers with solutions to the complexity, affordability and transparency challenges American healthcare presents. We are building the leading, consumer-focused digital healthcare platform in the United States. We believe that the benefits we provide to consumers also positively impact the broader healthcare ecosystem, meaning consumers, healthcare providers, PBMs, pharmacies, pharmaceutical manufacturers, and telehealth providers all win with GoodRx. While the medication distribution and pricing system underlying the pharmacy’s retail experience is extremely complex, we provide consumers with price transparency through a simple, easy to use, and convenient digital interface.”
**Multiple Revenue Streams**
Prescription Revenue- When a consumer uses a GoodRx code to fill a prescription and save money, they receive fees from their partners, primarily PBMs. They take a cut of the money that the pharmacists would receive. 90% of their income comes from this and it is fast growing. $145M of revenue Q2 2021 with 32% growth yoy.
Subscriptions- GoodRX Gold or Kroger Rx Savings club subscriptions offer even more savings and convenience. Also comes with free mail order pharmacy and discounted telehealth services. $14.3M of rev in Q2 2021 with 125% yoy growth.
Pharma manufacturing solutions- pharma companies pay them to help with Awareness, Access, and Adherence. This includes patient education about pharma coupons, enrollment in clinical trials, patient education, and a nurse chat line. Currently their fastest growing offering with 3x revenue compared to 2020 and about 150% revenue retention. Revenue included in other revenue representing $14.3M in Q2.
Telehealth- Convenient and cheap. Mainly a way to augment their other solutions. Revenue included in other revenue representing $14.3 with 125% yoy growth.
Combined company economics- Revenue CAGR from 2016 to 2020 was 54%. Adjusted EBIDTA CAGR during that time was 61%. Covid slowed their growth, but Q2 revenue growth was up 43% yoy and Q3 projected to be up 39% yoy. Trailing net income is negative due to stock-based compensation surrounding their IPO in Q4 of 2020, but Q2 earnings of $31.1M and likely continued profitability. Gross profit margins of about 94% and investing heavily in R&D and marketing. Adjusted EBIDTA margin of over 30%.
**Balance Sheet**
Cash of $894M with debt of $657M. FCF has been positive (and growing rapidly) indicating low chance of acute bankruptcy and plenty of money for continued growth.
**Management**
CEOs are Dough Hirsch and Trevor Bezdek. Both are co-founders of GoodRx. I’ve seen Doug Hirsch on CNBC quite a few times and he seems very forthcoming and direct. In conference calls, the management seem to be very open and direct in general, which is a great sign. Also have high approvals on Glassdoor with company ratings of 4.6.
**The vision**
GoodRx is more than just a coupon company for prescription drugs. That may be their main product now, but their vision is for something much bigger. Their prescription offerings are the gateway to the creation of a consumer-focused healthcare disruptor. By lowering consumer costs, they increase brand awareness, which allows them to leverage their user base to promote their telehealth and pharma solutions. This also drives further purchases of their subscription plans. Their telehealth platform, while small, has driven up to 40% of users to get GoodRx Gold. They have already started embedding into electronic medical records, which will further encourage physicians to mention their prices to patients and increases price transparency. They are starting to break into the Medicare and private insurance marketplaces as well. In addition, as society shifts to gig and free-lance work, they function as a low-cost alternative for traditional insurance and have already formed partnerships with DoorDash and USAA. Providers need them to ensure patients can afford medications, patients need them to help with medication affordability, and pharma manufacturers need them to improve the accessibility of their branded meds among lower income people (while not having to drop their prices for high income earners). Even pharmacies have begun to accept the inevitable and are partnering more readily with them. They have recently signed a deal with RiteAid and partner with Kroger for a subscription plan.
**Risks**
Regulatory- There is risk that the government could change the healthcare system in some way to try to reduce costs. This seems highly unlikely given that there have been repeated attempts over the past decade to change the current system and Joe Biden helped put the current system in place. Democrats are not unified enough to make any real changes and the Republicans have consistently refused to try to overhaul the healthcare system. GoodRx accomplishes the goal of lowering healthcare costs, so it may even be favored by administrations going forward.
Amazon represents a risk to pretty much every industry. They did create an Amazon pharmacy for mail order, but most prescriptions are filled in stores. Most patients prefer to pick up their medications in-person as there is less risk of it getting lost in the mail and they typically need to start the medication sooner rather than later. Amazon does have a prescription coupon offering for Prime Users, but GoodRx’s offers greater benefits as it aggregates over 20,000 more pharmacy prices offering cheaper medications. GoodRx also has advantages of scale, many industry partnerships, EHR integrations, patient education resources, and ability to get cheaper branded medications for consumers through their pharma manufacturing offerings. There is also legal and regulatory red-tape that Amazon will have to navigate, which GDRX has a 10 year head start on.
Pharmacist backlash is perhaps the most insidious risk. GoodRx directly cuts into the profit margins of pharmacies. Pharmacists could, theoretically, stop taking GoodRx, however, believe this is illegal. I have heard of pharmacists strongly encouraging customers to not use GDRX. That said, many pharmacies have given in to the inevitable and have partnered with GDRX directly. This includes RiteAid and Kroger.
**Conclusion**
GoodRx is a rare company that both improves lives and makes money. They are also fast growth and profitable, which is another rare combo. The management is great, they have high ratings on all app stores, and their employer ratings on GlassDoor are exceptional. If they execute on their vision, they can be a one-stop shop for delivering cheap medications, patient education, telehealth, and pharmacy manufacturing solutions. Each of these products, improve the potency of their other products. As prescription costs continue to rise, GDRX will be there to take advantage. They have risks, but I believe that they are relatively low at this time. P/S is rich at 23 currently, though I expect growth to more than make up for this. My bear case over 5 years assumes a CAGR of 23%, operating margins of 28%, and a P/E of 35. My bull case over 5 years assumes a CAGR of 40%, operating margins of 32%, and a P/E of 50. My bear price target is $40. My bull price target is $126. I am invested in GDRX with a c/b around 32.
| 25 |
homeless_alchemist
| 1,628,907,913 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/p3zklx/goodrx_due_diligence_a_healthcare_disruptor_with/
|
oyhxdm
|
h7uyie7
|
Price action did not make sense so I loaded for more. This one will be weighted accordingly at some point .
| 6 |
Naive-Illustrator-11
| 1,628,199,448 |
Himax ($HIMX) Q2 2021 Earnings - Crushes it again. Record guidance again for Q3 2021
|
[https://www.himax.com.tw/wp-content/uploads/2021/08/HIMAX\_2Q21\_Earnings\_PR\_Final.pdf](https://www.himax.com.tw/wp-content/uploads/2021/08/HIMAX_2Q21_Earnings_PR_Final.pdf)
**Q2 2021 Earnings Results** \- 8/5/2021
* Revenues, gross margin and EPS all reached all-time highs in Q2 2021
* **Revenue**: $365.3M, an increase of 18.2% QoQ
* **Gross margin:** 47.5%, significantly up from the 40.2% in Q1 2021
* **EPS:** 0.624
* Q2 non-IFRS after-tax profit was $109.1M, or 62.4 cents per diluted ADS.
**Highlights:**
* Capacity shortage remained across all business segments in Q2. Company continued to strategically allocate assessible capacity favoring high margin product areas and key customers
* Himax is the pioneer in the world of automotive TDDI development, having started the first generation TDDI mass production as early as the Q2 2019. Further upgraded its design and now Himax’s Gen 2 TDDI for automotive has officially entered into mass production in Q3 with dominating design-win coverage across literally all display makers, numerous Tier-1 players and leading car manufactures across all automotive markets
* In view of the foundry shortage and growing demand, the Company has entered into strategic agreements with foundry partners to cover both short-term and long-term needs. Likewise, Company is entering into strategic agreements with customers, including indirect end customers, who wish to secure IC supplies. All such contractual arrangements will help boost Himax’s future growth prospect and improve earnings visibility. Looking further ahead, Himax expectsto also secure more capacity for 2022 as compared to 2021
**Q3 2021 Guidance:**
* Revenues to Increase by 13% to 17% sequentially (QoQ)
* Gross Margin is expected to be in the range of 50.5% to 52.0%
* EPS to be around 75.0 Cents to 81.0 Cents
**RECENT EARNINGS HISTORY:**
||GUIDANCE: Q3 2021|Q2 2021|Q1 2021|Q4 2020|Q3 2020|Q2 2020|
|:-|:-|:-|:-|:-|:-|:-|
|Revenue|$413 - $427 M|$365.3 M\*|$309 M\*|$276 M\*|$240 M \*|$187 M|
|EPS|.75 - .81|.62\*|.38\*|.20|.05|.01|
|Gross Margin|50.5 - 52.0%|47.5%|40.2%\*|31.2%\*|22.3%|21.0%|
*\*All-time high*
​
**Dividend**:
**Next year's dividend payment is expected to be over $1.50 per share, based on Q2 results.**
| 25 |
SniXSniPe
| 1,628,171,319 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/oyhxdm/himax_himx_q2_2021_earnings_crushes_it_again/
|
orwwey
|
h6ljupx
|
Apple is going to blow the numbers away, sad thing is lately good earnings = drop in price.
| 26 |
Tacostain1
| 1,627,314,682 |
Interesting week! Apple, Amazon, Tesla set to post results.
|
180 members of the S&P 500 are scheduled to provide quarterly updates starting Monday, including the world’s biggest tech companies. The list also includes the restaurant companies McDonald’s Corp. and Starbucks Corp. , industrial firms such as 3M Co. , Boeing Co. and General Electric Co. , as well as Ford Motor Co. and the energy heavyweights Exxon Mobil Corp. and Chevron Corp.
[https://www.wsj.com/articles/apple-amazon-tesla-among-the-giants-set-to-post-results-11627142403](https://www.wsj.com/articles/apple-amazon-tesla-among-the-giants-set-to-post-results-11627142403)
##
| 64 |
Johnblr
| 1,627,299,386 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orwwey/interesting_week_apple_amazon_tesla_set_to_post/
|
orwwey
|
h6leahs
|
All faamg will post a blowout quarter, let's see if the run can continue.
| 12 |
coolcomfort123
| 1,627,312,232 |
Interesting week! Apple, Amazon, Tesla set to post results.
|
180 members of the S&P 500 are scheduled to provide quarterly updates starting Monday, including the world’s biggest tech companies. The list also includes the restaurant companies McDonald’s Corp. and Starbucks Corp. , industrial firms such as 3M Co. , Boeing Co. and General Electric Co. , as well as Ford Motor Co. and the energy heavyweights Exxon Mobil Corp. and Chevron Corp.
[https://www.wsj.com/articles/apple-amazon-tesla-among-the-giants-set-to-post-results-11627142403](https://www.wsj.com/articles/apple-amazon-tesla-among-the-giants-set-to-post-results-11627142403)
##
| 64 |
Johnblr
| 1,627,299,386 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orwwey/interesting_week_apple_amazon_tesla_set_to_post/
|
orwwey
|
h6kuv9q
|
i can only find like 20-30 of the 180 members of the sp500 reporting this week, i cant even find them on earnings whispers. is there a full list of all 180 companies
| 8 |
doggy_lovers
| 1,627,302,161 |
Interesting week! Apple, Amazon, Tesla set to post results.
|
180 members of the S&P 500 are scheduled to provide quarterly updates starting Monday, including the world’s biggest tech companies. The list also includes the restaurant companies McDonald’s Corp. and Starbucks Corp. , industrial firms such as 3M Co. , Boeing Co. and General Electric Co. , as well as Ford Motor Co. and the energy heavyweights Exxon Mobil Corp. and Chevron Corp.
[https://www.wsj.com/articles/apple-amazon-tesla-among-the-giants-set-to-post-results-11627142403](https://www.wsj.com/articles/apple-amazon-tesla-among-the-giants-set-to-post-results-11627142403)
##
| 64 |
Johnblr
| 1,627,299,386 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orwwey/interesting_week_apple_amazon_tesla_set_to_post/
|
orwwey
|
h6krf5v
|
Another record quarter from Tesla incoming
| 6 |
carsonthecarsinogen
| 1,627,299,841 |
Interesting week! Apple, Amazon, Tesla set to post results.
|
180 members of the S&P 500 are scheduled to provide quarterly updates starting Monday, including the world’s biggest tech companies. The list also includes the restaurant companies McDonald’s Corp. and Starbucks Corp. , industrial firms such as 3M Co. , Boeing Co. and General Electric Co. , as well as Ford Motor Co. and the energy heavyweights Exxon Mobil Corp. and Chevron Corp.
[https://www.wsj.com/articles/apple-amazon-tesla-among-the-giants-set-to-post-results-11627142403](https://www.wsj.com/articles/apple-amazon-tesla-among-the-giants-set-to-post-results-11627142403)
##
| 64 |
Johnblr
| 1,627,299,386 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orwwey/interesting_week_apple_amazon_tesla_set_to_post/
|
orltqb
|
h6jnds6
|
Hot tip: Microsoft will destroy earnings and drop.
| 234 |
SSJ4_cyclist
| 1,627,268,642 |
This week will be insane!
|
This week will be crazy because some of reddit's favorite companies will have earnings and they include:
* Tesla
* Apple
* Microsoft
* AMD
* Alphabet
* PayPal
* Facebook
* Amazon
And other companies with earnings include P&G, 3M, McDonalds, Spotify, MGM resorts, etc.
Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.
| 1,551 |
gorays21
| 1,627,253,019 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orltqb/this_week_will_be_insane/
|
orltqb
|
h6k6eiz
|
imma gamble on them all 1 after the other
lets get crazy
| 38 |
PhillipIInd
| 1,627,281,583 |
This week will be insane!
|
This week will be crazy because some of reddit's favorite companies will have earnings and they include:
* Tesla
* Apple
* Microsoft
* AMD
* Alphabet
* PayPal
* Facebook
* Amazon
And other companies with earnings include P&G, 3M, McDonalds, Spotify, MGM resorts, etc.
Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.
| 1,551 |
gorays21
| 1,627,253,019 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orltqb/this_week_will_be_insane/
|
orltqb
|
h6j2jo5
|
Well Chipotle ran $300 on earnings reports as did Twitter and snap. Earnings seem to be the new catalyst for pumps this week.
| 201 |
Terrible_Panic_1601
| 1,627,257,283 |
This week will be insane!
|
This week will be crazy because some of reddit's favorite companies will have earnings and they include:
* Tesla
* Apple
* Microsoft
* AMD
* Alphabet
* PayPal
* Facebook
* Amazon
And other companies with earnings include P&G, 3M, McDonalds, Spotify, MGM resorts, etc.
Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.
| 1,551 |
gorays21
| 1,627,253,019 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orltqb/this_week_will_be_insane/
|
orltqb
|
h6j8hnz
|
thats crazy to think thats not even all of the companies reporting next week, theres 165 sp500 companies to be exact, and companies like shopify and teledoc thats not in the sp500 thats also reporting. also, isnt robinhood ipo next week too?
| 46 |
doggy_lovers
| 1,627,260,512 |
This week will be insane!
|
This week will be crazy because some of reddit's favorite companies will have earnings and they include:
* Tesla
* Apple
* Microsoft
* AMD
* Alphabet
* PayPal
* Facebook
* Amazon
And other companies with earnings include P&G, 3M, McDonalds, Spotify, MGM resorts, etc.
Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.
| 1,551 |
gorays21
| 1,627,253,019 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orltqb/this_week_will_be_insane/
|
orltqb
|
h6knxws
|
Just uninstalled my trading app dont want to do stupid things
| 18 |
zoidbergenious
| 1,627,297,191 |
This week will be insane!
|
This week will be crazy because some of reddit's favorite companies will have earnings and they include:
* Tesla
* Apple
* Microsoft
* AMD
* Alphabet
* PayPal
* Facebook
* Amazon
And other companies with earnings include P&G, 3M, McDonalds, Spotify, MGM resorts, etc.
Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.
| 1,551 |
gorays21
| 1,627,253,019 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orltqb/this_week_will_be_insane/
|
orltqb
|
h6j7iat
|
I, for one, cannot wait to find out how many carbon credits Tesla sold.
| 94 |
GeneEnvironmental925
| 1,627,259,977 |
This week will be insane!
|
This week will be crazy because some of reddit's favorite companies will have earnings and they include:
* Tesla
* Apple
* Microsoft
* AMD
* Alphabet
* PayPal
* Facebook
* Amazon
And other companies with earnings include P&G, 3M, McDonalds, Spotify, MGM resorts, etc.
Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.
| 1,551 |
gorays21
| 1,627,253,019 |
3m
|
stocks
|
https://www.reddit.com/r/stocks/comments/orltqb/this_week_will_be_insane/
|
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