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Columns STONK LIST
Yesterday was an exciting day! Most stocks were on a continuous upward trend! Congratulations to those who made a profit! For those who didn't, we still have a chance today!
Here are the stocks I am currently watching:
$NeuroMetrix (NURO.US)$<-- upcoming earning conference! might be good news! For risk takers, you can try to find a good entry point for this. Always remember when to take profit and set a stop loss.
$Aehr Test Systems (AEHR.US)$ <-- It's not clear how much it will rise for now, some people may start taking their profits.
$Verb Technology (VERB.US)$<-- There should be an opportunity to make a profit. Will notify you separately.
$SOS Ltd (SOS.US)$ <-- Papa Elon said Tesla may start accepting bitcoin, but now China has closed all large-scale mining operations. Will watch with caution.
$Marin Software (MRIN.US)$ <--- The sudden stretch makes me a little scared. But it's worth paying attention to...
Here are the stocks I am currently watching:
$NeuroMetrix (NURO.US)$<-- upcoming earning conference! might be good news! For risk takers, you can try to find a good entry point for this. Always remember when to take profit and set a stop loss.
$Aehr Test Systems (AEHR.US)$ <-- It's not clear how much it will rise for now, some people may start taking their profits.
$Verb Technology (VERB.US)$<-- There should be an opportunity to make a profit. Will notify you separately.
$SOS Ltd (SOS.US)$ <-- Papa Elon said Tesla may start accepting bitcoin, but now China has closed all large-scale mining operations. Will watch with caution.
$Marin Software (MRIN.US)$ <--- The sudden stretch makes me a little scared. But it's worth paying attention to...
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$ContextLogic (WISH.US)$ High institutional owned stock: 96%. Meaning institutions have high control of this stock over retail traders. Could also mean it’s where the smart money is.
Last month’s lock-up expiration July 14 of 46mil shares price at $24. Wish ipo price is also at $24. For the near term i believe $20 is a possibility. Might consider safe play such as (short puts option strike price of $9 or $10) which i dont mind being assigned riding it to $18-$20 or a leap option with a target sell price $18-$20
“the greatest problem Wish faces is a clear path to profitability. It spent $470 million in sales and marketing expenses in the first quarter, which is more than its entire gross profit and accounted for 61% of revenue. The company has run into a catch-22 at this point as it needs to attract new buyers for its growth, but those who buy a product based only on low prices will typically only spend very little on the platform anyway. Breaking even in terms of EBITDA will be pretty tough going forward. Meanwhile, Wish is eroding its $1.6 billion cash balance with a loss of over $300 million per quarter in terms of free cash flow. The stock does seem pretty cheap for what it has to offer at a meager three times price-to-sales (P/S).”
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Last month’s lock-up expiration July 14 of 46mil shares price at $24. Wish ipo price is also at $24. For the near term i believe $20 is a possibility. Might consider safe play such as (short puts option strike price of $9 or $10) which i dont mind being assigned riding it to $18-$20 or a leap option with a target sell price $18-$20
“the greatest problem Wish faces is a clear path to profitability. It spent $470 million in sales and marketing expenses in the first quarter, which is more than its entire gross profit and accounted for 61% of revenue. The company has run into a catch-22 at this point as it needs to attract new buyers for its growth, but those who buy a product based only on low prices will typically only spend very little on the platform anyway. Breaking even in terms of EBITDA will be pretty tough going forward. Meanwhile, Wish is eroding its $1.6 billion cash balance with a loss of over $300 million per quarter in terms of free cash flow. The stock does seem pretty cheap for what it has to offer at a meager three times price-to-sales (P/S).”
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The Singapore Government has announced that they are prepared to live with COVID for the long-term. They are also preparing to allow international travel. No doubt we will need other countries approval for travel as well, but this is a good chance for the Airline industry to take off INTERNATIONALLY. Hope that other countries start to prepare for COVID19 to be endemic as well. $SIA (C6L.SG)$ $United Airlines (UAL.US)$ will be the stocks to fly!
Even with international travel, e-commerce will hardly tank as people gets addicted to the ease, accessibility and value-for-money w...
Even with international travel, e-commerce will hardly tank as people gets addicted to the ease, accessibility and value-for-money w...
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