I'm curious about WYNN today since the Fast Money guys made the Wynndicator. Looking at a short of SBUX. Malls in America had the problem of too much square footage per capita, e.g. 5 times the average of Europe. Well Starbies is the poster child for excessive square feet of retail space.
wow square Square reported numbers a day earlier than expected after a media outlet leaked them. The company reported adjusted EPS of $0.18 and $1.92 billion in net revenue. im still in it...tempting to sell right here
Hey all, new guy here! I'll get a post up in the introductions forum asap. Anyhoo, opinions wanted: I have some Plug Power and its done quite well, but wondering if I should hold for earnings or go ahead and sell today beforehand?
More stock market hype than real world products. Technology is not there yet. No guarantee that when new technology is viable, Plug Power will be the company to deliver it. I said the same thing about Tandy and computers. Sure, they had Radio Shack stores and the Commodore computer. But that did not deliver Apple, IBM, or Microsoft. But still, people made good money while the hype lasted. Hold onto it for a while. See if it keeps growing. It will go higher. Get out when a rival steals the market.
@A55 Thank you. Yes, I had seen analysts with target price around $12, but I'm still a "noob" investor so the temptation to move money around and rack up experience/s is pretty strong. I'll hold onto it for a bit and see what happens.
was traveling all day yesterday so missed the entire day...and admittedly have not been keeping up with the market action at all this month thus far. it's the dog days of august now, and we're in the heat of the summer doldrums a bit crazy to me to see nazzy keeps printing new highs everyday just a hunch here, but with the spx a little less than 3% away from ATH, seems like it wants to print the new high at the very least, until the next pause/correction in this market. dj30 still lagging behind and not sure we're quite ready for a 30k print there just yet. i still feel like there will be some nice pullback between now and election. i personally would be very surprised if we just grind higher into november. i get it though, it's hard to see any real meaningful and lasting market correction when we have QE-infinity. i'm itching to setup a poll here (spx new highs before election?) but given that i've semi-retired from running market polls and contests for the time being, i'll resist from doing so. might be a pointless poll anyway though cause we all know it's probably going to happen. "stonks only go up" as one person on the discord live chat has coined it for a while now lol. hope you all are doing well.
Rule one of plug power, sell before earnings because they have never made a single dime since inception. It’s not possible with their platform. They always dump more shares after earnings and it dumps 25%+ but then recovers to next earnings. pipe dream in a bucket
Ugly jobs data this morning don’t seem to have that big of a negative impact to the market The dollar continues to dive and it could help to inflate asset prices a little bit
Stocks jumped. A lot went up. Certain sectors went down. All makes sense. People took some money. Then put the money in other sectors. Like buying cruise ship stock.
I own energy. Low oil prices will eventually rise. Now is a good buying opportunity for Chevron, Kinder Morgan, Exxon Mobil, Phillips 66, Conoco Phillips......not so much for BP. I like oil and gas. I like gas stations also. British Petroleum has been almost as bad as US Steel. But maybe not. BP has probably already hit bottom. It might stay down for awhile. But there's a runup, which doesn't make sense.
High volume can push though anything and that`s what it`s taken for Silver to break all that heavy resistance. Glad to see it and looking to sell my Silver at top money if I can. Good call on bringing it to attention a while back prior to the run!
