Boiler Room: The Official Stock Market Discussion

[KalKal]

Looks like some are when it comes to EV.

Unavailable - Fidelity Investments


About 150 General Motors Co. ( GM
dealers have decided to part ways with Cadillac, rather than invest in costly upgrades required to sell electric cars, according to people familiar with the plans, indicating some retailers are skeptical about pivoting to battery-powered vehicles.

GM recently gave Cadillac dealers a choice: Accept a buyout offer to exit from the brand or spend roughly $200,000 on dealership upgrades -- including charging stations and repair tools -- to get their stores ready to sell electric vehicles, these people said.

The buyout offers ranged from around $300,000 to more than $1 million, the people familiar with the effort added. About 17% of Cadillac's 880 U.S. dealerships agreed to take the offer to end their franchise agreements for the luxury brand, these people said.

Most dealers who accepted the buyout also own one or more of GM's other brands -- Chevrolet, Buick and GMC -- and sell only a handful of Cadillacs a month, the people familiar with the effort said.

The skepticism from some Cadillac dealers underscores that, even as investors bid up the value of electric vehicles, questions persist about interest among consumers and the retailers who serve them.

Tesla Inc. ( TSLA ) has become an electric-vehicle juggernaut by selling directly to customers, without franchise dealers, a model several startups intend to follow. Traditional auto makers, on the other hand, are tasked with overlaying their electric-car plans on dealer networks that today make their money selling gasoline-powered vehicles.






Tesla so innovative that they don't even need the middleman to get their products out to consumers. Do their own shipping.

Breakingviews - Daimler could be Elon Musk's Time Warner

I know its not going to happen, but I WISH there were some way Tesla would buy Cadillac. I know I would love to have a Tesla/Cadillac.
Unfortunately, I also know that I'm in the minority on this, and that it wouldn't sell because nobody else would want one, so it would be a bad business move. But still I like the idea even though I know it would fail and would never happen.

I just made an M1 pie for this. Currently researching DAL vs LUV and RCL vs CCL to finalize which cruise line and airline imma roll with.

regularly I’d do both plays in both industries but I can learn from others/try something new @Doomsday, gonna just roll with one stock in each industry in this pie - other than food service and hotels where there are a few angles to cover

I realized that I don't know enough to pick out which airline would win, so I bought JETS calls.

 

[FabTrey]

i would stay away from doordash unless yall are ready to go long for and don't mind early price fluctuations. for me i'll only invest if i see a clear road to 10x. it's not worth keep adding these stocks. so instead of keep buying new stocks, just beef up what you have.

 

[Arithmetic]

Doordash is getting crazy. $90 a share?

VCs

 

[ConPHIdential]

I laughed. I feel the same way, although I did spend 2-3 hours doing DD the other night.

Here are a few things that I learned about WTRH by reading the Q3 earnings call transcript, and looking at some other sources:

1. They have been profitable for the last two quarters. Profitability is rare in the sector.

2. This sector will probably consolidate in order to get profitable because the customer acquisition costs are too high because of the competition.

3. The CEO is highly motivated to get this company bought. If it happens by December 2021, he gets a $5 mil bonus and can buy 9.9 mil stocks at a steep discount.

Here is one of his statements on the earnings call:

"Candidly, we're a perfect fit for any of them [DASH, UBER]. I also think as we continue to expand our integrated payment solution, the universe of companies that we would fit very nicely with expands ratably."

4. WTRH is trying to expand beyond delivery. It has developed an in-restaurant ordering system that minimizes contact between waiters and diners. They see this as a way to go national.

5. Thread favorite, Tilman Fertitta, is on the board.

6. After they turned profitable in Q2, a mergers & acquisition analyst said he thought in an acquisition their stock price should be bought out in the $9.5 - $10.5 range.

If you are interested, here is a link to the Q3 earnings call:

https://seekingalpha.com/article/43...d-on-q3-2020-results-earnings-call-transcript

This is my first stock buy, and my first post in the thread. I plan to be active here.

I made 15k playing WTRH back in March and actually made a post months before that in the 6 certs forum about this stock being a play. I live where the company resides so I’ve been familiar with them for a long time.

 

[Saysumthinfunnymike]

i would stay away from doordash unless yall are ready to go long for and don't mind early price fluctuations. for me i'll only invest if i see a clear road to 10x. it's not worth keep adding these stocks. so instead of keep buying new stocks, just beef up what you have.

I'll be if I see it debut at noon at $90 and it goes to $130+ in 3 hours but I think the hype is starting to get too crazy.

Airbnb I'm really considering

 

[mannyrs13]

Hopefully Tesla has a dip tomorrow morning. I want to add maybe 5 more and don't have access to PM in my IRA and I doubt I'll be able to hang until it opens or wake up early anyways. Don't even know what time that is on Fidelity, like 7 or 8 am maybe. Anyways I'm hoping the price drops a bit and I can scoop up 5 more. Also interested in the AirBnB but not sure the details on that. I see it might be around $60 so might get like 20-25 shares. I think y'all mentioned before that webull has early ipo access but I'm doing it thru fidelity so who knows when they'll have it up. I just did some research and looks like I gotta do it on Thursday.. They have an ipo thing on wednesday but thats for accounts with 500k in them so they hit my broke ass with the .

 

[Arithmetic]

Bought KODK real quick at 11 sold at 13.8. 6 minute trade lol.

Up on this news:


Federal agency finds no wrongdoing in Kodak loan: report

 

[Arithmetic]

Paysafe Is Near a $9 Billion Deal to Go Public

BFT jumped to $15 in PM. Coming down now though

 

[Kal El]

Bought KODK real quick at 11 sold at 13.8. 6 minute trade lol.

Up on this news:


Federal agency finds no wrongdoing in Kodak loan: report

What broker are you using that allows you to trade pre market?

 

[Kal El]

GHIV potentially.

Up 30% premarket

 

[Arithmetic]

What broker are you using that allows you to trade pre market?

IB Pro

 

[MAKAVELI25]

Looking at some plays and I think Cinemark and/or AMC could be a nice flip.

I really wish we had a thread just for penny stocks and easy flips.

In all fairness, stock market tips should be a section of its own

@FAH1223 ?

 

[FabTrey]

I'll be if I see it debut at noon at $90 and it goes to $130+ in 3 hours but I think the hype is starting to get too crazy.

Airbnb I'm really considering

Im just weary of FOMO. My pull out game has been shaky at best after SHLL fiasco. But as long as you dont get too greedy you should be able to eat

 

[Arithmetic]

Apple Preps Next Mac Chips With Aim to Outclass Highest-End PCs

INTC

 

[bnew]

this is a non-stock suggestion for the those who are interested in dividends.

DCU credit union has a savings account with 6.17% APY on the first $1000, after that it's 0.25%. I only put a grand in it and wish i did it over a year ago when i learned about it. only had the account since september. I'm thinking about looking for similar savings account deals with high APY on the first $XXXX and sign up for them.

Primary Savings | DCU

edit: theres a $10 donation fee to signup if you're not apart of a member organization. made it back already, YTD dividends $16.28