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re: Stocks on your watch list

Posted on 2/8/21 at 8:41 am to
Posted by cgrand
HAMMOND
Member since Oct 2009
48698 posts
Posted on 2/8/21 at 8:41 am to
TDOC
Posted by cgrand
HAMMOND
Member since Oct 2009
48698 posts
Posted on 2/8/21 at 8:43 am to
quote:

Morgan Stanley today raised its price target on Pinterest $PINS to $95 from $80 while maintaining its Overweight rating
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 2/8/21 at 8:56 am to
MVIS on a tear this morning...
Posted by cgrand
HAMMOND
Member since Oct 2009
48698 posts
Posted on 2/8/21 at 9:04 am to
NET over 90, pre earnings
Posted by cgrand
HAMMOND
Member since Oct 2009
48698 posts
Posted on 2/8/21 at 9:09 am to
quote:

I’m buying into GOGO this week baw

easy money
Posted by cgrand
HAMMOND
Member since Oct 2009
48698 posts
Posted on 2/8/21 at 9:20 am to
SQ vertical
Posted by Eric Nies Grind Time
Member since Sep 2012
25506 posts
Posted on 2/8/21 at 9:21 am to
Bought GOGO and NIO this morning.

Don't really care much for NIO but I felt like every person I follow on twitter was talking about it.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 2/8/21 at 9:25 am to
quote:

SQ vertical
up almost 30% from that pullback last week
Posted by cgrand
HAMMOND
Member since Oct 2009
48698 posts
Posted on 2/8/21 at 9:46 am to
SQ, deep dive

LINK

quote:

The revenue from subscription and service based revenue in Q3 2020 was $447 million while the cost of revenue was $66 million, so the gross margin in this segment was 85%. What is even more interesting is that last year the cost of revenue for this segment for the same period was $63 million, with revenue only at $279 million. This shows how much more profitable Cash App is becoming with scale.

quote:

The numbers show us that Cash App revenue on an annual basis should be around $1.7B, they have a crazy gross margin of over 80%, and they are growing 150%. While it is hard to estimate if this company was trading as a stand-alone company I think at current market conditions, the market would easily apply a 50 times P/S multiple, given the high margin, high growth rate, and fintech space. The estimated value of this business given these multiples would then be $85B.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 2/8/21 at 9:49 am to
I owe you a huge spliff my man, it's legal up here in Illinois
Posted by TheChosenOne
Member since Dec 2005
18873 posts
Posted on 2/8/21 at 9:52 am to
It may see 300 after earnings



ETA: or this week
This post was edited on 2/8/21 at 9:53 am
Posted by cgrand
HAMMOND
Member since Oct 2009
48698 posts
Posted on 2/8/21 at 9:55 am to
mail me some pax pods
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/8/21 at 9:55 am to
Been distracted with work and just saw SQ and PYPL blowing up. SE as well.

Those 3 and TSM, BIDU, and ROKU are the rocks in my portfolio.

NNDM and JMIA looking great.
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 2/8/21 at 9:57 am to
SE & SQ fighting neck and neck for all time highs!
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 2/8/21 at 9:59 am to
Wait, is that legal? If so I can make it happen
Posted by cgrand
HAMMOND
Member since Oct 2009
48698 posts
Posted on 2/8/21 at 10:03 am to
not really...
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 2/8/21 at 10:05 am to
quote:

not really...
For now anyways...might be federally legal here shortly, and if so, start picking out your flavors
Posted by Eric Nies Grind Time
Member since Sep 2012
25506 posts
Posted on 2/8/21 at 10:13 am to
Well if CLOV ever takes off I will be sitting pretty lol.

Not sure if looking at those AncientTiger threads are good for my brain. My portfolio is almost up 50% on the year and I am not even happy about it.
This post was edited on 2/8/21 at 10:18 am
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 2/8/21 at 10:23 am to
The one I've been looking at is MedMen (MMNFF)

They distribute to Verilife (via Pharmacann), which is one of the main vendors around here.

I am generally leery about cannabis penny stocks (or penny stocks in general), but they have shot up over the past couple days, so it's on my watch list for now
This post was edited on 2/8/21 at 10:28 am
Posted by Eric Nies Grind Time
Member since Sep 2012
25506 posts
Posted on 2/8/21 at 10:28 am to
Yeah, I will eventually talk myself into not being such a wuss.
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