All things STOCKS

#19,001
#19,001
kiddiedoc said:
I'm really tempted to cash a bunch of positions and wait for the correction. But dang it's hard to sell when everything just keeps going up.
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I've slowly liquidated mine over time and I'm finally down to just PBR (Petrobras, not Pabst) and that's just because of its dividend yield, its low P/E valuation, and as a speculative asset if wars break out in Iran, Venezuela, or both and one of the Microstrategies stocks for its high dividend yield, using it almost like a fixed income asset. The Shiller P/E of the market is around 40 now, the second-highest it's ever been, so I'll gladly give up potential profits by selling too fast and getting off now, rather than ride the express elevator back down.
 
#19,002
#19,002
DinkinFlicka said:
Anyone in here with exposure in uranium?

I've slowly added to my DNN position in the past year and it's treated me well. It's also poised to pop off in a big way pending Canadian federal approval to mine a massive deposit.
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I used to own the Canadian miner (CCJ) but sold too soon about a year ago.

I still own the Global X Uranium ETF ( URA).

I’ve been trading NuScale options (SMR) about once a week. Big premiums.

Utilities with a lot of nuclear plants are Duke (DUK), Constellation (CEG), and NextEra (NEE)(formerly Florida Power and Light).
 
#19,003
#19,003
Chipotle (CMG) is off 20% in extended hours. I’m going to attempt to short some Puts at the open if it has a robust options market.

MSTR might also be trade-able today. It’s a proxy for BitCoin. It’s down from about $360 to $275 in the last 30 days.
 
#19,004
#19,004
CMG has a lot of (weekly) options. The 1-day $39.5/$40s put closed around $2/contract. Shares closed at $39.76 and are currently at $32.60.

52-week high is $66.74 and it’s currently trading at new lows. 30-35x, EPS is (was) $1.135).

They lost their CEO to SBUX in the past year.
 
#19,006
#19,006
I'm calling LHX and CDP both as buys.

Also thinking it might be a good time to do the UVXY deal for a few hours

If you want to grab at the falling knife, META seems to be an over-reaction down 12%. Disclaimer: Don't really follow META
 
#19,009
#19,009
Jax_Vol said:
I'm calling LHX and CDP both as buys.

Also thinking it might be a good time to do the UVXY deal for a few hours

If you want to grab at the falling knife, META seems to be an over-reaction down 12%. Disclaimer: Don't really follow META
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I think META is mostly an overreaction by people that don't understand their huge tax provision this quarter. It could be partly due to their large capex, but I think that's more of a minor player.
 
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#19,011
#19,011
Jax_Vol said:
Same thought here.

One of those deals where despite the numbers presented this week...thay are slaying it.
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I also think they did themselves no favors by doing a poor job of explaining it. Most people have no clue what deferred tax assets are and how changes in tax legislation impact them. I didn't have any META shares in my IRA, and I used this opportunity to add some.
 
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#19,012
#19,012
Vol423 said:
I also think they did themselves no favors by doing a poor job of explaining it. Most people have no clue what deferred tax assets are and how changes in tax legislation impact them. I didn't have any META shares in my IRA, and I used this opportunity to add some.
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Agree with that. The fact that they dropped this bomb now means their auditors caught/proposed this adjustment, not their tax team....
 
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#19,013
#19,013
Vol423 said:
I also think they did themselves no favors by doing a poor job of explaining it. Most people have no clue what deferred tax assets are and how changes in tax legislation impact them. I didn't have any META shares in my IRA, and I used this opportunity to add some.
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I am considering doing the same.

Still hoping it will drop on down to around $610-615ish range over next few days.
 
#19,016
#19,016
Thunder Good-Oil said:
CMG has a lot of (weekly) options. The 1-day $39.5/$40s put closed around $2/contract. Shares closed at $39.76 and are currently at $32.60.

52-week high is $66.74 and it’s currently trading at new lows. 30-35x, EPS is (was) $1.135).

They lost their CEO to SBUX in the past year.
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What are your thoughts on it? Did you do anything?
 
#19,019
#19,019
Jax_Vol said:
Are they currently in or out with the under age 30 crowd?

Would a college kid take a first date there?

I personally still like them.

But that business is so crazy trendy.
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Crazy trendy, and super competitive now. There's a place selling burritos or bowls on every street corner it seems like, and some are better than Chipotle.
 
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#19,020
#19,020
Jax_Vol said:
Right!

Bad news does not improve over time....I've kinda learned.

But never thought about things in a Zuck type role
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That's the thing. The tax stuff isn't even bad news.

They had deferred tax assets on their balance sheet. These are book/tax differences that result in decreases in their tax expense in future years. Deferred tax assets are measured at the current tax rates in effect for future years. So, when the One Big Beautiful Bill made the lower corporate income tax rates permanent, the company now measures their deferred tax assets using the new lower federal income tax rate. That results in a lower amount of calculated deferred tax assets. So the amount of the deferred tax assets on the balance sheet decrease, and the other side of the entry is an increase in tax expense.

However, there is NO cash impact. It is just a book entry, and it is due to the fact that lower federal income tax rates in the future (than the rates that were in effect in the tax laws before the OBBB) will result in lower federal income taxes paid in the future - a good thing.
 
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#19,025
#19,025
Go aeiou said:
Didn't like Chipotle the only 2 times I ate there. I think I had gotten use to hole in the wall local places that served better food.
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I kinda think that losing the CEO to Starbucks hurt them a bit.

They started really cranking up the prices somewhere in that rough timeframe. Became an expensive fast-food option.
 
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