$GameStop(GME)$ DEFINITELY BEARISH! Looking at earnings numbers, are in steady decline for the past five years. GME is losing money every quarter except one and losing more each quarter. Revenues are declining even more. These are real numbers and reflective of their declining business. The per share numbers might actually look a little better for EPS losses, but that is because there are much more shares in the float than in years past.The bread and butter of GME is selling games ... still. Their hardware sales have EVER lower margins and MORE competition from big box retailers that are more nimble with lower overhead, and of course more nimble online retailers that do it better than GME. The margins and sales for game station up
HERE COMES ANOTHER TESLA KILLERNIO sees first tooling trial builds of ET5 roll off lineCnEVPost Apr 29, 2022 - The ET5, set to begin deliveries in September, is being produced at NIO's second production facility in NeoPark, which marked the first anniversary of its construction on April 29. $NIO Inc.(NIO)$$Tesla Motors(TSLA)$
$Opendoor Technologies Inc(OPEN)$ back in this week after patiently waiting from $4 when I told all to bail at that point. Things have finally turned around where interest rates have most likely peaked. Too much pain for the finance and tech industry, both with armies of lobbyists in Washington, and Biden will not let their businesses collapse and ruin the dems chances in 2024. All comes down to politics.
$Coinbase Global, Inc.(COIN)$ is a good long term play in my view, and Cathy Woods has made an absolutely sound argument in my view.Another outstanding play if you want exposure to Bitcoin (which I think is positioned to rise substantially this year) is $MicroStrategy(MSTR)$. MSTR has (through its CEO Michael Saylor) purchased 132500 bitcoins with a value of $3.7Billion.MSTR is a bet on BTC, and at the moment, it is currently trading at a discount of over 20% and the share price has not priced in last weeks increase in the price of bitcoin. Amazing.
$Alibaba(09988)$$Alibaba(BABA)$ Here’s some of my late night thinking as I spend my Saturday in the office. We get some good news about the banking industry stabilizing, then we will have the Fed hike with 25 bps which will cause a further rally in equities as they will feel Powell will be less hawkish. China equities will finally come out of the oversold territory on the back of more dovish monetary policy along with no new escalation in the geopolitics. Also, I’ve read that China lowered the bank reserve ratio which improved liquidity for their banks & stimulated the economy. I’ve actually betrayed Alibaba a little and bought into
$Credit Suisse Group AG(CS)$ reported its biggest annual loss since the 2008 global financial crisis after clients pulled billions of Swiss francs from the bank, which resulted in outflows of more than 110 billion Swiss francs ($120 billion) in the fourth quarter. The bank has been affected by several scandals and has seen a sharp acceleration in withdrawals. Swiss regulator Finma stated that while the bank's liquidity buffers had a stabilizing effect, they are being monitored closely during the situation. The bank's CEO, Ulrich Koerner, said they have a clear plan to create a new Credit Suisse and are working to deliver on their three-year strategic transformation. However, analysts are concerned about the scale of losses and outflo
$Adobe(ADBE)$ 2023 EPS $15.50 and growth picking up. i'll put a 35 p/e multiple on at $545.00-550.00 price target on them. When they defeat the DOJ on the meritless objection to the Figma deal, we catch the AI tailwind, then we can be looking at all time highs in 2024 when the Fed will be cutting rates and those futures earnings are no longer being discounted 🤡.
$Exela Technologies, Inc.(XELA)$ This is a speculative stock purchase for me. I do think if the company cared about the shareholder value that they would have mentioned in their PR this morning, they are not selling and diluting current outstanding shares. Really don’t know why anyone would sell at this point.
Let’s talk about two companies from Singapore that have outperformed the market in the last year.Amid the global recessionary fears, Singapore stocks are well-placed, with better dividend yields and stable earnings. The company’s benchmark index, the $Straits Times Index(STI.SI)$, was among the best-performing indices in Asia with a 3.56% return in one year.This gives an attractive opportunity for investors looking to enter the Singapore market. Leisure company $GENTING SINGAPORE LIMITED(G13.SI)$ and engineering company $SEMBCORP MARINE LTD(S51.SI)$ are our picks for today.Let’s discuss these stocks in detail.$GENTIN
$Tootsie Roll(TR)$ Someone wrote; For all Troika owners, it might be appropriate to make them aware that the share will be delisted from Nasdaq on May 15 if the company fails to push the share above USD 1 for at least 10 trading days in a row. Anyone aware of this? If it's true?