Author: pluginever
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What are the beaten down companies that are still worth buying and holding?
SPY still at ATH carried by magnificent 7. I know “time in the market beats timing the market” but it’s hard to justify buying companies like NVDA, Googl and AMZN at this price knowing that the massive optimism at the moment usually indicates top is near and correction is nearby the corner. Nobody knows when…
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Why did Ubisoft stock drop sharply recently?
Over the past 12 days they've dropped 14.4% from what I can tell. That's pretty bad. I heard about dropping 15% a month ago due to AC having a bad trailer but what's going on NOW? Ubi cannot catch a break rn.
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The Bull Case for Krispy Kreme (DNUT)
I feel Krispy Kreme may be undervalued and could represent a good hold over the next 18 months. I've taken a deep dive into the company over the past couple of weeks and currently hold 350 shares. The fundamentals aren't perfect but I believe there is a lot of potential for growth that is going…
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Tesla internal data shows company has slashed at least 14% of workforce this year
Tesla’s hefty downsizing since 2023 has reduced its global head count to just over 121,000 people, including temporary workers, internal records suggest, indicating that the automaker has slashed more than 14% of its workforce so far this year. The latest figure is not from precise payroll data, but from the number of people who are…
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A simple (?) question about basic stock trading.
Hi, So here it is, something I always wondered about; Will there always be enough sellers/buyers available when you want to buy or sell? Of course Hollywood always makes it look simple and easy; buy low sell high. But will situations arise where there just aren't enough available stocks going around. I can see situations…
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Financial reporting discrepancy – Shoe Carnival
I am writing an XBRL (format used for SEC reporting) parser and I stumbled upon a discrepancy that I can't get my head around. Have a look at https://www.sec.gov/ix?doc=/Archives/edgar/data/0000895447/000095017024070218/scvl-20240504.htm “note 2” states- On February 13, 2024, we acquired all of the stock of Rogan Shoes, Incorporated, a privately-held 53-year-old work and family footwear company incorporated…
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Apple Intelligence won’t launch in EU in 2024 due to antitrust rules, company says
Apple said Friday it won’t release three recently announced features, including its flagship “Apple Intelligence” AI product, in the European Union in 2024 due to “regulatory uncertainties” stemming from the bloc’s Digital Markets Act antitrust regulation. Apple said in a statement that the features — Apple Intelligence, iPhone Mirroring, and enhancements to its SharePlay screen-sharing…
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Is it legal for a publicly traded company to borrow money against their own stock?
Is it legal for a publicly traded company to use their own stock as a collateral when borrowing money, based on the current stock price? And if so, would it be possible for such company to go bankrupt if it's stock goes down enough and they can't meet their margin call? Are there any examples…
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What sector people are rotating into?
It looks like whales and heavy duty money grabbers are rotating out of semiconductor and rotating into a different sector. Which sectors are they trying to get into? I would like to understand where money flows so that I can monitor what’s happening in the overall economy. I still think the semi still has some…
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Secondary Market – Is it profitable?
I've been researching a bit into the secondary market, I know “Hiive” exists but the minimum purchase is 25k for shares so I can't use it. My question is: Is the secondary market profitable? Like if you can get your hands on shares of a company before it goes public does the news going public…