Octopus Overlords

LawBeefaroni wrote: Thu Oct 21, 2021 1:49 pm(memories of KOSS haunting me).

LawBeefaroni wrote: Thu Oct 21, 2021 1:49 pm

pr0ner wrote: Thu Oct 21, 2021 1:24 pm

LawBeefaroni wrote: Thu Oct 21, 2021 1:18 pm Halted again up 240% at $33.94.

This is getting into "people may be betting the house" territory which is less comfortable.

The halt didn't last long. Just broke through $37.

Sold 40% at $47, remaining shares are free. Will see where this one goes (memories of KOSS haunting me).

Phunware shares are trading higher, possibly in sympathy with Digital World Acquisition as traders circulate an article from May 2020 highlight a partnership between Phunware and the former Trump campaign.

LordMortis wrote: Thu Oct 21, 2021 4:43 pm

Apparently you could have also been +50% if you bought PHUN first thing this morning.

Phunware shares are trading higher, possibly in sympathy with Digital World Acquisition as traders circulate an article from May 2020 highlight a partnership between Phunware and the former Trump campaign.

LawBeefaroni wrote: Fri Oct 22, 2021 8:55 am

LordMortis wrote: Thu Oct 21, 2021 4:43 pm

Apparently you could have also been +50% if you bought PHUN first thing this morning.

Phunware shares are trading higher, possibly in sympathy with Digital World Acquisition as traders circulate an article from May 2020 highlight a partnership between Phunware and the former Trump campaign.

My plan yesterday was to buy PTLO but since it didn't start trading until 10 or so, got distracted by DWAC.

Will be looking for PTLO entry.

LawBeefaroni wrote: Fri Oct 22, 2021 9:35 am PHUN now. This is so stupid.

LordMortis wrote: Fri Oct 22, 2021 9:43 am

LawBeefaroni wrote: Fri Oct 22, 2021 9:35 am PHUN now. This is so stupid.

That's what I was saying yesterday. People are dumb and I sooo should have put $11-12,000 yesterday for DWAC. I was really trying to warrant it and I just couldn't change my "gather cash" for the idea of unemployment mindset. The good news is that I stayed strong. Money had burning a hole in my pocket and going straight to TD ever since April 2020.

Carpet_pissr wrote: Fri Oct 22, 2021 10:03 am Is it halted at $131?

I still don’t understand how you’re playing this LB. You bought naked puts? Covered calls? Half-clothed gimmies? Modest pulls? :p

malchior wrote: Fri Oct 22, 2021 10:49 am Wait until the gloating about the best IPO (that is not an IPO) ever!

pr0ner wrote: Fri Oct 22, 2021 11:07 am I have zero regrets missing out on this insanity (or any of the Gamestop/AMC/Koss insanity from earlier in the year).

Zaxxon wrote: Mon Oct 25, 2021 2:18 pm TSLA going parabolic again...

coopasonic wrote: Mon Oct 25, 2021 2:33 pm and are they in line ahead of malchior?

coopasonic wrote: Mon Oct 25, 2021 2:33 pm

Zaxxon wrote: Mon Oct 25, 2021 2:18 pm TSLA going parabolic again...

How damn many cars did Hertz order? and are they in line ahead of malchior?

coopasonic wrote: Mon Oct 25, 2021 2:33 pm

Zaxxon wrote: Mon Oct 25, 2021 2:18 pm TSLA going parabolic again...

How damn many cars did Hertz order? and are they in line ahead of malchior?

malchior wrote: Mon Oct 25, 2021 3:20 pm

coopasonic wrote: Mon Oct 25, 2021 2:33 pm

Zaxxon wrote: Mon Oct 25, 2021 2:18 pm TSLA going parabolic again...

How damn many cars did Hertz order? and are they in line ahead of malchior?

Apparently everyone is ahead of me. 100 days and counting. Lol. FWIW there were a lot of negative reactions from people waiting for Model 3s. As usual with anything Tesla, the information void has been filled with a complex Charlie (from IASIP) conspiracy white board trying to piece together when Hertz ordered and how it shafted a ton of people. Still great news and a shot of real legitimacy for Tesla.

The fourth-quarter dividend of 10 cents per share on outstanding common and Class B stock will be paid on Dec. 1 to shareholders of record at the close of business Nov. 19, the company said.

LordMortis wrote: Thu Oct 28, 2021 8:44 am Looking like pr0ner pulled the trigger on F at the right time.

https://www.cnbc.com/2021/10/27/ford-to ... arter.html

The fourth-quarter dividend of 10 cents per share on outstanding common and Class B stock will be paid on Dec. 1 to shareholders of record at the close of business Nov. 19, the company said.

currently $16.89 pre market.

And there is so much pent up demand that this should continue for a while. I still don't get the valuation but I also still won't complain. As long as I have holdings and am not looking to increase them, this can go to the moon.

LawBeefaroni wrote: Thu Oct 28, 2021 2:28 pmRe: Hertz and TSLA, did Hertz say how they intend to pay for the cars? Are they going to finance?

Hertz on Wednesday also announced a separate partnership with online used-car dealer Carvana Co, whose shares rose 3% in morning trade. Under the agreement, Hertz would reduce its reliance on mass auctions to offload used rental fleet vehicles and instead sell vehicles directly to consumers through Carvana's sales channels.

For Uber drivers, Tesla rentals will start out at $334 a week, including insurance and maintenance, and consist mostly of the company's Model 3 sedan. Uber said the rental cost would drop to $299 per week or lower as the program expands in the coming year.

Wednesday's deal represents Uber's most significant step so far in expanding the use of EVs on its platform. The company has vowed to operate only electric vehicles on its United States, Canadian and European platform by 2030, and worldwide by 2040.

But only a few ride-hail drivers can afford the higher EV sticker prices and in 2019, only 0.15% of all Uber miles in the United States and Canada were driven in electric vehicles, company data showed.

malchior wrote: Sat Oct 30, 2021 10:08 am

LawBeefaroni wrote: Thu Oct 28, 2021 2:28 pmRe: Hertz and TSLA, did Hertz say how they intend to pay for the cars? Are they going to finance?

Details are scant but it does seem to involve some complex deal making that included deals with Uber and Carvana. This is a big strategic play for Hertz and it seems brilliant after some digging in.

As to the financing, my baseline guess is this isn't too different from how the business works otherwise. They'll be expecting ongoing rental income to at some level match or exceed payments due on the cars and would maintain some reserve. It is a cash flow play.

Hertz is going to execute on that cash flow requirement by trying to maximize utilization. One way they'll do this is by making a percentage of those rentals available to ride share drivers on the Uber platform. At the end of a vehicle's fleet life Hertz willl sell them off through Carvana which should maximize price per car versus the mass auction model. It is a bit of a hedge play expecting high demand for used Teslas.

The other 2 players also get strategic benefits. Carvana gets brand awareness and may end up the defacto market leader for used Tesla vehicles possibly (though probably 2nd to Tesla itself). The Uber play is murkier but most likely they want to normalize the cost to drivers. It also greens up their brand.

At a meta level it isn't that shocking that one of these rental companies got the jump on a new business model. All of them essentially turtled up during COVID and it looks at least like Hertz used that time to cobble together a solid go-forward strategy. We will have to see how execution goes but it does seem pretty optimized financially/operationally if everyone delivers.

Hertz on Wednesday also announced a separate partnership with online used-car dealer Carvana Co, whose shares rose 3% in morning trade. Under the agreement, Hertz would reduce its reliance on mass auctions to offload used rental fleet vehicles and instead sell vehicles directly to consumers through Carvana's sales channels.

For Uber drivers, Tesla rentals will start out at $334 a week, including insurance and maintenance, and consist mostly of the company's Model 3 sedan. Uber said the rental cost would drop to $299 per week or lower as the program expands in the coming year.

Wednesday's deal represents Uber's most significant step so far in expanding the use of EVs on its platform. The company has vowed to operate only electric vehicles on its United States, Canadian and European platform by 2030, and worldwide by 2040.

But only a few ride-hail drivers can afford the higher EV sticker prices and in 2019, only 0.15% of all Uber miles in the United States and Canada were driven in electric vehicles, company data showed.

Carpet_pissr wrote: Mon Nov 01, 2021 1:57 pm Let’s play: Give me your top three (or less) investing ideas TODAY!

LawBeefaroni wrote: Sun Oct 31, 2021 11:20 am

malchior wrote: Sat Oct 30, 2021 10:08 am

LawBeefaroni wrote: Thu Oct 28, 2021 2:28 pmRe: Hertz and TSLA, did Hertz say how they intend to pay for the cars? Are they going to finance?

Details are scant but it does seem to involve some complex deal making that included deals with Uber and Carvana. This is a big strategic play for Hertz and it seems brilliant after some digging in.

As to the financing, my baseline guess is this isn't too different from how the business works otherwise. They'll be expecting ongoing rental income to at some level match or exceed payments due on the cars and would maintain some reserve. It is a cash flow play.

Hertz is going to execute on that cash flow requirement by trying to maximize utilization. One way they'll do this is by making a percentage of those rentals available to ride share drivers on the Uber platform. At the end of a vehicle's fleet life Hertz willl sell them off through Carvana which should maximize price per car versus the mass auction model. It is a bit of a hedge play expecting high demand for used Teslas.

The other 2 players also get strategic benefits. Carvana gets brand awareness and may end up the defacto market leader for used Tesla vehicles possibly (though probably 2nd to Tesla itself). The Uber play is murkier but most likely they want to normalize the cost to drivers. It also greens up their brand.

At a meta level it isn't that shocking that one of these rental companies got the jump on a new business model. All of them essentially turtled up during COVID and it looks at least like Hertz used that time to cobble together a solid go-forward strategy. We will have to see how execution goes but it does seem pretty optimized financially/operationally if everyone delivers.

Hertz on Wednesday also announced a separate partnership with online used-car dealer Carvana Co, whose shares rose 3% in morning trade. Under the agreement, Hertz would reduce its reliance on mass auctions to offload used rental fleet vehicles and instead sell vehicles directly to consumers through Carvana's sales channels.

For Uber drivers, Tesla rentals will start out at $334 a week, including insurance and maintenance, and consist mostly of the company's Model 3 sedan. Uber said the rental cost would drop to $299 per week or lower as the program expands in the coming year.

Wednesday's deal represents Uber's most significant step so far in expanding the use of EVs on its platform. The company has vowed to operate only electric vehicles on its United States, Canadian and European platform by 2030, and worldwide by 2040.

But only a few ride-hail drivers can afford the higher EV sticker prices and in 2019, only 0.15% of all Uber miles in the United States and Canada were driven in electric vehicles, company data showed.

It is truly the golden age of fraud. A recently bankrupt car rental company fueled by a meme stock frenzy is partnering with an online car sales platform that loses money on every car sold and taxi scam that loses money in order to create market monopolies to buy cars from a car company with a 360 PE.

LawBeefaroni wrote: Mon Nov 01, 2021 8:58 am LCID is a few $B below F market cap. Insanity. Do I bet against insanity? Not any more. I'm following in its slipstream.

Carpet_pissr wrote: Mon Nov 01, 2021 1:57 pm Let’s play: Give me your top three (or less) investing ideas TODAY! No need to explain if you don’t want to, just a list is fine.

Got some investing money to play with, and looking for names.

This we know: Musk has goals (some of them risible, some of them much more pragmatic), and within the limits of his world-view—I'm pretty sure he grew up reading the same right-wing near-future American SF yarns as me—he's fairly predictable. Reportedly he sat down some time around 2000 and made a list of the challenges facing humanity within his anticipated lifetime: roll out solar power, get cars off gasoline, colonize Mars, it's all there. Emperor of Mars is merely his most-publicized, most outrageous end goal. Everything then feeds into achieving the means to get there. But there are lots of sunk costs to pay for: getting to Mars ain't cheap, and he can't count on a government paying his bills (well, not every time). So each step needs to cover its costs...

...Musk has trailed using early Starship flights to lift Starlink clusters—upgrading from the 60 satellites a Falcon 9 can deliver to something over 200 in one shot. But that's a very limited market.

So what could pay for Starship, and furthermore require a launch vehicle on that scale, and demand as many flights as Falcon 9 got from Starlink?

Well, let's look at the way Starlink synergizes with Musk's other businesses. (Bear in mind it's still in the beta-test stage of roll-out.) Obviously cheap wireless internet with low latency everywhere is a desirable goal: people will pay for it. But it's not obvious that enough people can afford a Starlink terminal for themselves. What's paying for Starlink? As Robert X. Cringely points out, Starlink is subsidized by the FCC—cablecos like Comcast can hand Starlink terminals to customers in remote areas in order to meet rural broadband service obligations that enable them to claim huge subsidies from the FCC: in return they get to milk the wallets of their much easier-to-reach urban/suburban customers. This covers the roll-out cost of Starlink, before Musk starts marketing it outside the USA.

So. What kind of vertically integrated business synergy could Musk be planning to exploit to cover the roll-out costs of Starship?

Musk owns Tesla Energy. And I think he's going to turn a profit on Starship by using it to launch Space based solar power satellites.

LordMortis wrote: Tue Nov 02, 2021 12:09 pm
HBI... 17.47... DivEx $.15 11/8 earnings 11/4/ Current valuation 6.1 billion. They have a debt issue which cuts in to their profits but they aren't going anywhere and their dividends are stable. So I'd pick them up and treat them as a 3% income and then turn around sell a covered call at $18 for this Friday at $18 for $.50. If they earnings are good, they break $18 easy and I make $100 for every $1750 I put down. If they don't I weather the drop in price and take the income over time, continuing to put out the calls.

I'm actually considering increasing my HBI using this tactic but thing is... 1) Build cash... That is all. I'm trying to exit from my job so playing games is not in the cards, even when temptation hits.