So basically the only X-mas stock not to immediately explode upwards has been T mobile... Next to move?
i traded veri today 11/30/20 and just got paid! probably sold it to one of those 7 figures smb capital traders! lol
Atta Boy Vincent!!!!!! STRONG CLOSE FOR CUREVAC-- CureVac N.V. (CVAC) NasdaqGS - NasdaqGS Real Time Price. Currency in USD $105.17+19.17 (+22.29%)
Special Guest Analyst! Gilles De Roo Summary The current value of the streetwear and sneaker resale market is north of $6B worldwide. Shoe authentication started on October 25th for the most exclusive shoes, but will have a wide rollout by early 2021. eBay will bring back growth by taking market share from StockX and Goat. Thesis eBay (EBAY) launched its shoe authentication service the week of October 25th. It is a massive move into the sneaker space. Up until now, StockX and Goat were the main pillars of the high-end sneaker market. The number one concern for sneaker buyers is authenticity. Both StockX and Goat have been offering shoe authentication for years which has allowed them to reach billion-dollar market caps. StockX raised $110 million in a C-round valuing them at $1B in the summer of 2019. Just this September, Goat raised $100 million at a valuation of $1.75B. The sneaker market is on fire and eBay is here to conquer. eBay launched their no-fee program on shoes with a value over $100 in the beginning of 2020 as a first step into this market. The company tipped its toes in the water and is now ready to fully dive in. Their new shoe authentication program combined with no fees on valuable sneakers will put StockX and Goat in a very difficult position. With $3.66B in cash and short-term investments as of Q3 2020, eBay can afford to take a temporary loss on the service to gain tremendous market share and loyalty. It is an Amazon-style move that will drive revenue growth while crushing competitors. At the current P/E ratio of 15X and P/S of 3X, investors looking to long eBay and follow this play are getting a fairly low-risk, high-reward opportunity.
Great call Stoney. Nasstassia is giving me a mean look for not listening to the head GBA I knoooow. ... I'm just leery of biotechs stoney.... old habits are hard to break. I've seen waaay too many lose 70%+ overnight, and I don't understand molecular biology enough to throw my money into something I have zero clue about.
How Do You Feel About Bitcoin? I have the same views on Bitcoin that you have on biotech.. but this stk is interesting-- Bitcoin-exposed MicroStrategy stock surges 19% as crypto recovers from holiday slump Nov. 30, 2020 12:12 PM ETMicroStrategy Incorporated (MSTR) MicroStrategy (NASDAQ:MSTR) shares surge 19% to $323.31 after Bitcoin recovered from its Thanksgiving plunge, pushing back over the $19K mark. In September, software company MicroStrategy adopted bitcoin as its primary treasury reserve asset. In Q3, the company invested $425M to buy 38,250 bitcoins, which had a market value of over $700M as of last week. Last week, short-seller Citron Research said there is "no better way to play bitcoin" than MicroStrategy.