Tiger Global reports 6.6% passive stake in Yatsen 16:24 YSG You know this Yatsen could be held back because of the tech Chinese co's being punished it kind of slips through the cracks...
Yatsen 58.75M share IPO priced at $10.50 11/19 YSG The deal priced at the high-end of the $8.50-$10.50 range. Goldman Sachs, Morgan Stanley and CICC acted as joint book running managers for the offering. Good quality underwriters. Yatsen indicated to open at $17.00-$17.10, IPO priced at $10.50 Great Pop... On Nov 18. //Now few weeks later-- $16.50- When will GS & Morgan initiate coverage????
KushCo Holdings, Inc. (KSHB) 0.8500+0.1000 (+13.33%) At close: 3:59PM EST 6 month round trip for this stk above .90 is a break out. Extreme volume alert*** Vol-->1,922,009 Avg. Volume 799,896
Hi stoney... On Bitcoin... this is how I view it: https://www.elitetrader.com/et/threads/bitcoin-price-thread.315402/page-268#post-5256521 But there are folks out there that are saying its going to $100K plus.... so who knows brother. GBA had the same return with CRSR and GrowGen. (I still love how we were the FIRST to find GrowGen near $5) Post your question down in that thread. @johnarb has a handle on this stuff in a big way. Cool dude. He'll answer whatever you want to know about anything crypto. I did notice RIOT blockchain has risen from the dead today lol. It's like a Kodak. Crypto-Kodak. This market... ... I love it though.
Yeah I know... you should see the other portfolio I posted here. (Not this thread) I'll get ya link. Hey you're dead ass wrong about Smuckers. That is one well run company. Dude it has an arsenal of consumer brands that are #1 world-wide and the corresponding shelf space... we're talking ocean-front property, in all the big grocers. WMT and TGT included. Ditto Costco and Krogers. It's at $117.... I'll buy you a first class ticket to Nasstassia's next track meet if it hits $100 before $134. The gummies for granny portfolio is all about safety. I can't help it if I'm good and the rest of those stocks have soared. Give $SJM some time. Its a good stock. And when I say time.... can we get over the whole 30% in 3 day thing!!!!!? We're talking 1 or 2 years at a minimum. This stuff is not gonna last Stoney. Friggin penny stocks going from $0.50 to $5 in a day. Gimmee a f'n break. Its a fool's game. And you can bet your ass if we have a major correction, these bs stocks that trade on air will drop 30% or more... and that's the ones that actually have a future... but good ol' Smuckers will be standing tall north of $110 come hell or high water. It's the Procter & Gamble of packaged, processed foods.
Oh man, I don't want to disappoint you guys, but I have not dabbled in the stock markets for years! I follow it and watch CNBC every single day (M-F) but I'm all-in on cryptos for a while now. Anyway, back to MSTR, this stock valuation is all shaken up as it is tied to the bitcoin btc price. I read on Twitter that MSTR m2m profits on the bitcoins are higher than their operating profits for the past 20 years, (probably meant compared to each individual year). On CNBC, Michael Saylor was asked more than once if MSTR is a software company or a hedge fund that invested in bitcoin. For better or worse, profits are profits and losses are losses on those bitcoins in the MSTR treasury reserves. [edit: MSTR is probably the best proxy play for bitcoin in the stock markets, better than GBTC, at least it has the software business as fall-back safety net if bitcoin price stalls, but as btc price goes much higher, MSTR stock price will go up as well] My biased view on bitcoin is that we're on the start of a bull market cycle and my conservative top price of this bull market is $50K, but I would not be surprised one bit if bitcoin goes above $100K I don't want to bore people on this thread, but the amount of money coming into bitcoin is overwhelming (see video below), which is much different than the last bitcoin bull market cycle in 2017. We're talking retail investors, institutional investors, uhnw, let's talk specifics, PayPal, Square, GBTC, Paul Tudor Jones, Stanley Druckenmiller, Fidelity, JP Morgan, Guggenheim and even Ray Dalio is starting to warm up to the bitcoin investment idea and Blackrock CIO Rick Rieder even said bitcoin is better than Gold. All of the above for a bitcoin btc marketcap currently of $365B. That does not compute. Raoul Pal has several videos on youtube describing the situation with bitcoin as just "noise" for some of the bigger pension funds and bigger players, it's too small for them to participate in. It's counter intuitive, but when bitcoin btc hits $1T marketcap ~$60K/btc then it might get a lot more $$$ coming into it. It's risky not to own bitcoin now, but it becomes even more risky as the price gets higher, weird how that plays out, but not owning bitcoin means having a long position on fiat currencies which are being printed by central banks at unprecedented rate and well, being short bitcoin.
If all of that is true or near true on Bitcoin then what happens to the price of gold. And gold etf's? The gold price fixed only on jewelry sales would be much lower. Putting a firms cash in Bitcoin now seems very smart. Could this be a broadening trend? But I also wonder about an ultimate hack. There is no doubt in my mind they are a handful of people in the world who could in an instant make everyone's Crypto wallet go empty of Bitcoins. One of the largest questions has to be the limit or lack of a limit on creating new coin/ bits/? That area is so murky I saw one company trying to raise their amount it's not easy.
Very small stk for information purposes only: A battery from Salt? Global Warming Solutions develops sodium based battery for EV Dec. 01, 2020 4:34 AM ETGlobal Warming Solutions, Inc. (GWSO) The research and development department of Global Warming Solutions (OTCPK:GWSO) has found a very cost-effective way of producing a solid electrolyte for batteries that can be used for EV based on sodium as an active material in the battery anodes versus lithium which is more commonly used. The company has already started laboratory testing of the battery’s electrochemical cells and is in the final stages of filing a worldwide patent application for a new EV technology based on this sodium-based device. GWSO Chief Executive Officer Dr. Vladimir Vasilenko noted that the low cost of sodium batteries has expanded the market for the sale of our new product. In addition to the electric car industry, other market niches are opening up, such as major capacity batteries for electric ocean-going ships, electric boats and yachts. Existing markets, such as the market for stationary electrical energy storage, will also expand significantly. At the same time, the development of battery production will not be limited by the rate of lithium supply. “We plan to double the sales of our products year over year, ”said Dr. Vasilenko.