Did I catch the GEVO news correctly? Did they announce they were selling new shares for $8, just a few hours after the stock hitting $8 for the first time? That's a pretty good trick.
Don't hate on me lol. I have no idea what they even do.
(01-20-2021, 04:08 PM)fenders53 Wrote: [ -> ]Did I catch the GEVO news correctly? Â Did they announce they were selling new shares for $8, just a few hours after the stock hitting $8 for the first time? Â That's a pretty good trick. Â
Don't hate on me lol. Â I have no idea what they even do.
Then shut your mouthÂ
I added more today at $8.21. Lots of companies do this and continue to hit new highs. GEVO will be no different. Wont surprise me if it’s $12 next week lol.Â
Maybe you should look under the company’s profile and see what they do. It may surprise you ?
Sold 3 02/19/21 GME Puts with $20 strike for $0.84/contract. ~$250 income (on $6,000 cash secured, so 4% yield over 30 days, equivalent to a 50% annualized yield) for less than a month's risk of a 50% drop in a meme stock with an improved balance sheet, activist investor/board member pushing continued 300+% online platform sales growth, heading into a new console cycle with lots of pent-up demand.
First "big" move I've made in quite a while, bought a ton of BTI. P/E is low, extremely profitable, low payout ratio, high yield.
F and GM breaking out. Who would have thought lol
I added CGC and UPS
(01-21-2021, 10:34 AM)divmenow Wrote: [ -> ]F and GM breaking out. Who would have thought lol
I added CGC and UPS
Can someone please explain this EV hype train to me?
F & GM makes little money on every car sold, they make up for it with profits from their pickup truck sales.
The auto business is a highly cyclical, highly competitive, and low margin business.
Why will that still not be the case with EV's? Are they magically more profitable for car makers than ICE cars are?
(01-21-2021, 10:39 AM)EricL Wrote: [ -> ] (01-21-2021, 10:34 AM)divmenow Wrote: [ -> ]F and GM breaking out. Who would have thought lol
I added CGC and UPS
Can someone please explain this EV hype train to me?
F & GM makes little money on every car sold, they make up for it with profits from their pickup truck sales.
The auto business is a highly cyclical, highly competitive, and low margin business.
Why will that still not be the case with EV's? Are they magically more profitable for car makers than ICE cars are?
Damn, you are starting to sold old lol. Fundamentals do not matter in this phase of the bull market. You have seen this movie before. It might last three more weeks, or maybe three years. Stick to your plan, always keep some money at risk, and mock the hypesters every chance you get while we wait for portfolio Armageddon.Â