Boiler Room: The Official Stock Market Discussion

[winb83]

What you think about red robin? Routinely trade in the 30s, and right now at 7.50. I was thinking about them if they drop below 5. Couple weeks back they were in the 4s, dont know if that will happen again unless we get another 1900 point loss day tho

They have $30 million in cash on-hand. Free cash flow is almost break even. Revenue looks like it's treading water the last few years. I don't really see what's to like about them. They aren't a growing business and they're gonna get nailed on this virus situation with almost no cash to fall back on.

 

[Saysumthinfunnymike]

Who here owns Beyond Meat? I've read so much about them lately and outside of the coronavirus outbreak, I'm not seeing a reason why they wouldn't have a great outlook for the future.

Everyone wants to eat healthier and I see that trend continuing. They seem to have firm partnerships and are adding more.

Am I missing anything?

 

[10bandz]

Who here owns Beyond Meat? I've read so much about them lately and outside of the coronavirus outbreak, I'm not seeing a reason why they wouldn't have a great outlook for the future.

Everyone wants to eat healthier and I see that trend continuing. They seem to have firm partnerships and are adding more.

Am I missing anything?

One issue I see is that there’s so many competitors entering the market now. And you got Impossible releasing their burgers to grocers soon if they haven’t already. BYND has had a head start but other companies will be coming to take market share

 

[dtownreppin214]

 

[winb83]

Who here owns Beyond Meat? I've read so much about them lately and outside of the coronavirus outbreak, I'm not seeing a reason why they wouldn't have a great outlook for the future.

Everyone wants to eat healthier and I see that trend continuing. They seem to have firm partnerships and are adding more.

Am I missing anything?

I've been looking hard at them. Revenue growth is insane they went from $16m to $32m to $87m to $297m in consecutive years from 16-19. They aren't profitable yet but they're not losing an insane amount of money either. If that revenue keeps growing they'll likely be profitable in a couple years through sheer force.

 

[Saysumthinfunnymike]

One issue I see is that there’s so many competitors entering the market now. And you got Impossible releasing their burgers to grocers soon if they haven’t already. BYND has had a head start but other companies will be coming to take market share

I'd want to know if they have a technological and logistics advantage over competitors. It seems like they have a hell of a head start which could make all the difference.

 

[10bandz]

I'd want to know if they have a technological and logistics advantage over competitors. It seems like they have a hell of a head start which could make all the difference.

true. I’ve tried one of their competitors and it’s trash. BYND is pretty good but I think impossible is the best one which is why I’m interested to see how they do once they hit grocers. Beyond has a nice head start and their name brand has become attached to plant based meats more than any other brand.

 

[Saysumthinfunnymike]

I'm not going to sit here and argue with an expert but there's two things going on that he didn't mention.

1. We've literally never seen a situation like this in history. You can compare it to the great depression and all this shyt all you want but this has never happened... This is literally all related to Covid-19.

2. To that point, Trump is actually right about something for once... people aren't unemployed because there are no jobs. People are unemployed because they were told to stay home. Again, a situation that has NEVER happened before.

I can't believe I'm taking Trump's side on an issue but I mean he's kinda right... the second people this goes away and people are told to get back to work, a huge portion of the problem goes away. Not saying industries won't be hurt long term because some will but some will recover quicker than others.

 

[Saysumthinfunnymike]

China isn't having these "we are ruined forever" conversations. They might have lied about how many cases and how many deaths but they are slowly opening back up and it's only been a few months.

If people would fukking listen and stay home, the quicker we open back up.

 

[Saysumthinfunnymike]

 

[Domingo Halliburton]

https://seekingalpha.com/amp/article/4335789-carnival-corp-wont-go-bankrupt-dive-debt

CCL raised $5.75 billion. They have like $13 billion in long term debt due in 2023. Doesn't look like they'll go bankrupt any time soon. This year might be lost to them though.

Read the loan covenants on their debt before you invest.

 

[analog]

I'm thinking about letting QQQ take care of my safe play/exposure to the big tech companies and rolling the dice on the recovery of these companies:
EOG
AER
BYND
IPL/CNQ

Any dips this coming week and Imma probably go in

 

[Da_Eggman]

Should we looking at banks ?

 

[Da_Eggman]

China isn't having these "we are ruined forever" conversations. They might have lied about how many cases and how many deaths but they are slowly opening back up and it's only been a few months.

If people would fukking listen and stay home, the quicker we open back up.

BIDU is somthing I’m interested in suppose to be the google of China and everything

but it’s hard to trust any of these China companies

 

[the cac mamba]

Should we looking at banks ?

jp morgan or bust, they're the biggest and they pay a 4 percent dividend. personally i dont like bank stock at all

but they say that bank stocks do pretty well coming out of a recession plus its not like the banks are fukked right now and out of money, theyre doing fine