I've been adding SoFi and have it down to about $10per now. Gonna add a bunch tonight and bring it down well under $9. I'm comfortable to let it sit and stew there for a while.
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I've been adding SoFi and have it down to about $10per now. Gonna add a bunch tonight and bring it down well under $9. I'm comfortable to let it sit and stew there for a while.
I know loan depot and others have traded down but what are the odds any of those shops go under given the drop in originations?
If a bunch is over 100 shares I’d try to ease in with a put. Sell the April 22 $7.50 put for .32, that puts you in 100 shares at $7.18, a steep discount from today’s after hours close at $7.65. Those are if you’re assigned, if you aren’t you’ll keep the $31 (after fees).Quote:
Originally Posted by gravitylover
Your only possible downfall is if the underlying plummets, but with your comment about adding a bunch I’m assuming you’re going to buy on a market price and that wouldn’t matter either way. If the underlying soars you keep the $31 and be happy with your already owned shares gaining value.
Like a lot of young companies these days the debt/equity ratio is high for loan depot. It's very high on SOFI.Quote:
Originally Posted by JimmyCarter
they sponsored a stadiumQuote:
Originally Posted by JimmyCarter
Couldn’t help myself and sold another Oct $7.50 put, got 180.34 after fees.Quote:
Originally Posted by dunfree
They not only sponsored a stadium they also lowered their exposure to student loans and increased personal and home loans while increasing member counts. They acquired a bank charter, and seem to making the right moves. The next quarterly report will tell the tale, wall street will react, or not.
I feel good about my puts, if assigned I’m in at low cost. From there I sell covered calls and hope to ride the volatility. Of course I could be wrong about all of this, it could go to zero and I lose it all. I’ll still be up on other things and I think that’s how you play the hokey pokey.
Selling puts is a great way to buy blue chips. Warren Buffet used to sell a ton of puts in Coke.Quote:
Originally Posted by BobMc
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Ndaq. Really tanked today
So
Attachment 413780
Wish I had hit it at the days low.
odd they are dropping 3% because "Nasdaq Inc topped Wall Street estimates for first-quarter profit on Wednesday, driven by robust demand for its investment- and market technology-related products that offset a lull in initial public offerings."
Is he still under the impression that NDAQ is an index play? :DQuote:
Originally Posted by 406
I think he'll skip ahead to TQQQ soon...
Apparently, the answer is yes. It’s hilarious.Quote:
Originally Posted by skaredshtles
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Still buying income on opportunity 65% of capital deployed across:
BOND 25%
EMB 10%
FMSDX 10%
PDI 10%
Combined yield 6%
NOBL has a lower yield than those, but is made up of companies that have a long history of increasing dividends.
I’d just own SPY or QQQ if I wanted that much equity exposure. FMSDX has similar equity holdings plus the active management. FMSDX has a 300% turnover ratio.Quote:
Originally Posted by RoooR
Edit: at a .35% expense ratio NOBL has no yield advantage over SPY
0.78% expense ratio yuckQuote:
Originally Posted by 4matic
PDI has 2% fees. BOND is .5. I want active management in this environment.Quote:
Originally Posted by Summit
I really like the portfolio, performance, and management of FMSDX. It has had yield as high as 8% over the years so they will adjust to rising rates. At 3% yield it’s twice that of NOBL
BOND is currently 16% cash with a yield above 3%.
I don’t know how NFLX solves password sharing other than limiting simultaneous logins. Do they start charging for extra screens like cable?
“The new sub-accounts would be added to standard and premium plans, come with separate logins and profiles, and cost an additional $2 to $3”
2FA could solve this.
Seems like we will have an interesting month end.
Don’t eat gas station sushi. Some shops love their low fees yet their funds don’t perform the best over 10 years either. Don’t be a sheep and do your homework.
Netflix's biggest mistake was thinking they should just make their own content and not just ponying up for the stuff people want to watch like Friends or whatever.
That model already existed and its called HBO.
And putting out tons of content of questionable quality rather than a couple decent shows
AMZN back to pre split announce price
they had no choice once nbc realized 7% of Netflix traffic was us office rerunsQuote:
Originally Posted by AdironRider
ouch FLNG tanking
This crept up on us.
Is this the real thing?
1 standard deviation reset?
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Everything is red. Even my gold, guns and cigarettes.
Time to “catch a safe”?
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Right. That's why we have a billion streaming services now and that's one reason (among many) why CNN+ couldn't even last a month.Quote:
Originally Posted by dunfree
Netflix didn't just "decide" to make their own programming for shits and giggles. They did and are still doing it today it because it's likely the only way they'll actually survive the next decade.Quote:
Originally Posted by AdironRider
But some of the things they did decide haven't worked well: like limited marketing, poor quality on a lot of shows, dumping entire seasons at once which kills building much word of mouth, and no real cashing in on IP in other ways (toys, games, other shit) the way Disney does.
Bridgerton sex dolls?Quote:
Originally Posted by kathleenturneroverdrive
Jim Rogers had been short Netflix for a decade.
Sooner or later TGR guy is going to be tight again. Maybe sooner, finally.
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Share price would be in the thousandsQuote:
Originally Posted by J. Barron DeJong
If I have to 2FA every-time I want to watch TV I'll cancel my service on principal. Go back to the pirate life.Quote:
Originally Posted by NakedShorts
I don’t know what the plan for these streaming services is, but I know that if they start making me watch commercials for a service I am paying them for (so I don’t have to watch commercials) I will stop watching their content.
Currently my problem is not “not enough good content” but “so many good/decent shows I don’t actually have time to watch them all”, but I’m only watching a couple hours per week.
Bond market is broken. That’s a real danger right now. It’s already the biggest yield and price sell off in history. Basically no reaction in bond rates to a 2% sell off. Fed waiting for the standard meeting to take action is a big mistake. Need to be like Volker and make rate hikes out of the blue. All this market “messaging” from the Fed is a failure. It had to fail at some point.
What are your thoughts on the idea that the Fed can only raise rates so much before US sovereign debt isn't serviceable?Quote:
Originally Posted by 4matic
I think the Fed is more worried about triggering a recession, because that's what often happens in normal times when the Fed does more than expected. Since these are not normal times a little shock treatment might be what's needed. Shock treatment: if people think the rate adjustment is going to be 50, then do 75.
They have a printing press. Sure, that’s a risk but it’s a global risk like nuclear weapons. Something no one wants to use.Quote:
Originally Posted by Kevo
7 of the last 10 tightening cycles ended in recession. A mild recession is good for the business cycle.Quote:
Originally Posted by MultiVerse
CNBC asked Mester if a pullback in stocks is what they want and she basically said yes..but not all at once.
I been buying bonds this week so I’m concerned but not worried yet.
Dollar was the only asset higher today. That’s troubling too.
YepQuote:
Originally Posted by 4matic
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https://twitter.com/MacroAlf/status/...eKFdq3wBw&s=19Quote:
Originally Posted by 4matic
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Online advertising spend growth just doesn’t support the multiples of the big aggregators