SVTP stock pick thread.

Shifty Powers

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If I’m seeing the news correctly, it did a 10/1 reverse split.

Meaning if you had 10 shares, you now have 1.

Closed at .155 so make it 1.55...so looks like it’s actually up about 25%, not 1200%.

Edit: was a 1/16 reverse. Last time I checked it’s either flat or down from yesterday’s opening.


“You’re full of $#!+”
Joe Biden

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I was literally coming on here to ask what happened. I had 1000 shares. Now I have 62.

Not sure if i should hold on to it any longer or just get rid of it at this point
 

Socal Mach

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Thanks for the information.

If I’m seeing the news correctly, it did a 10/1 reverse split.

Meaning if you had 10 shares, you now have 1.

Closed at .155 so make it 1.55...so looks like it’s actually up about 25%, not 1200%.

Edit: was a 1/16 reverse. Last time I checked it’s either flat or down from yesterday’s opening.


“You’re full of $#!+”
Joe Biden

svtperformance.com mobile app
 

Shifty Powers

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Check out GRAF. They are confirmed to to merger with a company Velodyne Lidar Inc. whom makes tech for autonomous vehicles. So could be something similar to the NKLA merger.

Also SHLL which is about to merger with Hyliion which is leader in electrified powertrain solutions for Class 8 commercial vehicles. So that could go well too stock wise.

We shall see though!
 

Weather Man

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matab14

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Guess I got in too late on the NKLA stock. It's done nothing but fall since I bought in at about 60/share....Really down today
 

Weather Man

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Been looking hard at regional banks because as a class, they are pretty beaten down with the covid 19 loss provisioning. There are some decent dividends that look reasonably covered with room for decent stock price recovery looking forward.

I don't own all of these, but have been looking hard at all of them.

Investment idea of the day.

upload_2020-7-29_7-5-25.png
 

Fat Boss

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LRCX reporting earnings after the close today. Hoping for a slight beat on earnings, but more importantly a rosy outlook. After the good news from TSMC and AMD lately, that's entirely possible. If so, look for the stock to be north of $400 pretty soon.
 

mysteed

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Looked at Kodak yesterday when the President was announcing he was giving them a DPA loan. I was wishing I had some of that on Monday.
I still think there's some room to make money on Kodak - not a killing like if you had it last week but a win's a win. IMO it's going to bounce around today like it did yesterday.
 

Weather Man

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I still think there's some room to make money on Kodak - not a killing like if you had it last week but a win's a win. IMO it's going to bounce around today like it did yesterday.

Kodak is like grabbing a Tiger by the tail right now.
 

Fat Boss

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LRCX reporting earnings after the close today. Hoping for a slight beat on earnings, but more importantly a rosy outlook. After the good news from TSMC and AMD lately, that's entirely possible. If so, look for the stock to be north of $400 pretty soon.

It turned out to be far, far better than even I was expecting. Estimates were for earnings of $4.20/share, but came in at $4.78. That's a pretty big beat for a huge, forty year old company.

The outlook was as I expected- rosy. We're just getting started in a memory cycle, one that will take far more memory than the last ones due to the explosion in video conferencing, the emerging 5g rollout, machine learning, AI, and autonomous cars. Leaving Applied Materials for the third time, and joining Lam for the 2nd was the best move I ever did.
 

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