DaveLewis
DaveLewis
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avatarDaveLewis
2022-07-04

Coinbase Faces A New Scandal

$Coinbase Global, Inc.(COIN)$   source: ThestreetThe platform denies selling proprietary customer data and announces it is expanding into several European countries.Coinbase Global is having a wild week.The cryptocurrency exchange platform confronted a report that it is selling Immigrations and Customs Enforcement a suite of features used to track and identify cryptocurrency users and announced that it was seeking licenses with various countries in Europe.The Intercept reportedthat ICE has access to a variety of forensic features provided through Coinable Tracer, the company’s intelligence-gathering tool, which was formerly known as Coinbase Analytics.Coinbase Tracer allows clients, in both government and the private sector, to tr
Coinbase Faces A New Scandal
avatarDaveLewis
2022-04-21

Sea Limited: Still A Buyer Here, Despite A Few Concerns

$Sea Ltd(SE)$ In the high-growth selloff that has accelerated over the last six months, there have been few businesses that have been ravaged quite as severely as Sea Limited (NYSE:SE). Sea declined from a high of over $370in October last year to a current price of $101, losing 70% of its value from all-time highs, and was down nearly 80% at recent lows. This decline is far more than other emerging market e-commerce and fintech peers such as MercadoLibre, Inc. (MELI), which is only down 50% from recent highs. While there are concerns around the Sea investment case, there is still quite a lot going well for the business. Leadership in Southeast Asian Markets Continues Sea Limited continues to post impressive top-line numbers, and market leadership remai
Sea Limited: Still A Buyer Here, Despite A Few Concerns
avatarDaveLewis
2022-06-30

Li Auto Stock: Share Sale Means It’s Time to Hit the Brakes

Li Auto $Li Auto(LI)$  is an electric vehicle (EV) maker in China. I am neutral on the stock.When a company buys back its own stock, that’s typically a good sign. It often means that the company is confident in its own future – something that executives might claim in press releases and conference calls, but as the old saying goes, “Put your money where your mouth is.”What’s the opposite of self-confidence, then? Perhaps it’s self-pessimism, and when a company divests large blocks of its own stock shares, this could signal major issues. Questions might be raised: Does the company’s management detect problems that they’re not disclosing to the public? If they’re enacting large-scale share sales, why should investors stay on the long side of the tra
Li Auto Stock: Share Sale Means It’s Time to Hit the Brakes
avatarDaveLewis
2022-06-17

Own Amazon At $95

Summary Amazon's stock split has opened the doors for retail investors to use safe options strategies. Under current market conditions, consider selling covered calls if you already own 100 shares at least. When selling puts, be sure you really wouldn't mind owning at the strike price. After Amazon (NASDAQ:AMZN) announced its proposed stock split, we wrote this article arguing that while splits don't matter much fundamentally, it allows retail investors to use relatively safe Options strategies. Andtrue to our words and recommendations, we sold a put on Amazon as shown and described below.Key data points Strike Price: $95 Expiration Date: June 24th, 2022 Premium: $1.19/share, for a total of $119. The image above shows $118.34 as that is factoring the transaction cost as well. In
Own Amazon At $95
avatarDaveLewis
2022-06-20
$Block(SQ)$ I bet right now Dorsey regrets telling the street that SQ is not just a payment terminal so now they're known to be a bitcoin speculator company a la MSTR. So now nobody care about this company fundamental but rather the price of bitcoin. So watch the spectacular collapse of this once decent tech company. The board of directors and Dorsey will need to face their investors for their bitcoin bet.
avatarDaveLewis
2022-07-01

Is Pfizer Stock a Buy Now?

KEY POINTS COVID-19 revenue has generated billions for Pfizer, but investors now may be worried about its future. Pfizer has been on an acquisition spree over the past year, aggressively adding to its portfolio. It has also been putting money back into its shareholders' pockets through buybacks and dividends. Its vaccine recently obtained Emergency Use Authorization for children as young as six months.Over the past year, Pfizer $Pfizer(PFE)$ has been one of the safer stocks to hold. Its 31% gain during that time eclipses the S&P 500 and its 9% loss. However, investors still aren't paying a huge premium for the stock as it trades at a relatively modest 12 times profits.The company has been acquiring businesses to get stronger an
Is Pfizer Stock a Buy Now?
avatarDaveLewis
2022-07-18
  $Shopify(SHOP)$ Obviously double line Gann levels are a perfect entry. Beginning a long strong Elliott wave 1 up imminently. ADX bottoming with the RSI & McClellan rising & the 21DEMA just recaptured the 50.
avatarDaveLewis
2022-04-27

The Pullback in Advanced Micro Devices Stock Is a Near-Term Overreaction

A rebound may take time to arrive, but if you've been waiting for a great entry point for AMD stock, now's the time to act Both external and company specific factors have resulted in the big drop in Advanced Micro Devices(AMD) stock. While the plunge happened fairly quickly, a recovery may take much longer to play out. That said, if you’ve been looking to make this a long-term holding in your portfolio, now may be a great time to buy. No longer flying high, there’s a lot weighing on Advanced Micro Devices(NASDAQ:AMD) stock right now. Not only due to the fear, uncertainty and doubt (FUD) that is still weighing down the market. Company specific concerns have had a negative impact on the performance of AMD stock as well in recent months. Given that AMD has fallen more than 46% off
The Pullback in Advanced Micro Devices Stock Is a Near-Term Overreaction
avatarDaveLewis
2022-05-12
$Occidental(OXY)$ Stock: Occidental Petroleum, Corp.Buy Point: The buy point is at the current price level. In other words, shares can be purchased immediately.Target Sale Price: ?Planned Stop Loss: In terms of a stop loss, if OXY is trading below 52.50 near the end of the trading day, sell the shares.Volume: There have been a couple signs of accumulation in recent weeks as evidenced by volume’s rise above the 20-day EMA on rising prices. But of more recent note is how volume picked up when prices bounced off support in the last few sessions. This was an indication that there were plenty of buyers present to support this stock.
avatarDaveLewis
2022-02-15
$Grab Holdings(GRAB)$ MUFG BANK owning almost 143 million shares of GRAB should be a very good sign for things to come. A large investment that as the yahoo news states is over 60% of their portfolio.MUFG is a Japan bank with branches thru out Asia. It would be nice to imagine that Grab will expand even more. Perhaps Japan?Currently the Grab ap can be used in support of another platform in Tokyo, however a direct network is not set up.Grab expansion into Japan or Korea would be a great catalyst to send the stock up. Us small investors would never know future plans. The big boys do. Follow them and we should be fine.
avatarDaveLewis
2022-02-03

Why Sea Limited Is a Stock Worth Watching

$Sea Ltd(SE)$ Very popular I'm pretty sure most people here are familiar with it. Many call it the three-headed monster right. Has the e-commerce Shopee, it has the gaming Garena, and it has the fintech SeaMoney. Market cap right now is about $80.4 billion. For me, its all-time highs, I believe it has dropped over 50%, but past 12 months it has returned negative 36.86% to investors. Even though it looks scary, I think the company still has a lot of power to keep going. One of my favorite things is theirTencentpartnership ownership. I think it depends on how you see it. Tencent's a big player in the video game industry, so because of this partnership, Tencent does give the ability to license certain games to Garena. For example,Call of Dutysince Tencen
Why Sea Limited Is a Stock Worth Watching
avatarDaveLewis
2022-02-03
$Palantir Technologies Inc.(PLTR)$ Q4 very soon. Maybe $500m Adj Cash Flow. Or very close to it. Almost all of the assets in Cash and Equiv. No debt.
avatarDaveLewis
2022-02-11
They saved $80 billion by not doing the ARM deal, they still have a twenty-year contratcual partnership with ARM, and when ARM goes public, Jensen if he wishes an his board wishes, can just buy a controlling position in the IPO shares. ARM will go public early in 2023, at that point NVDA may have $100 bil in cash, and zeero debt...life is sublime.go long stay long$NVIDIA Corp(NVDA)$
avatarDaveLewis
2022-02-15
$Sundial Growers Inc.(SNDL)$ Sundial Growers Inc 🗨 On Feb 10, 2021, Short Interests plunged 70% amid $20 billion loss. The current trend signals MAJOR SHORT SQUEEZE is imminent because everyone is holding or buying. Short Interests are paying agencies million $ for press releases to spread out fears and manipulations to the stock market.⏰️ Furthermore, SNDL 4th Quarter Earning Release is approaching on March 7th and this stock can spike to $5.00 easily as too many investor's eyes are focusing on the popular SNDL with zero debt, $346M to acquire Canadian Liquor and Cannabis chains of 250 stores, $538M to JV 50/50 SunStream Bancorp, SNDL 3rd Quarter was outstanding performed, 4th Quarter Analysts were expected to triple 3rd Quarter Earning. This is no
avatarDaveLewis
2022-02-11

Is Block Stock Undervalued?

$Block(SQ)$ Key Points Block has made a number of strategic investments as it looks to differentiate itself from the competition. The explosive growth of Cash App and the company's strategic acquisitions might be under-appreciated. Block recently hit a 52-week low in January, and institutional investors are buying on the dip. Consumer reliance on digital products has been a constant theme of the coronavirus pandemic. Corporations are increasingly using e-signature platforms offered byDocuSign orAdobe, while videoconferencing tools offered by companies likeZoom Communicationshave facilitated communication in a stay-at-home environment. Also comprising the ever-growing digital web are financial services like payments and investing. Despite robust
Is Block Stock Undervalued?
avatarDaveLewis
2022-02-24

SoFi is 'not just another neobank,' Bank of America analyst says

$SoFi Technologies Inc.(SOFI)$ SoFi Technologies Inc. picked up a new fan on Wall Street Friday as a Bank of America analyst chimed in with a bullish view of the financial-technology company. Bank of America’s Mihir Bhatia said he was impressed by SoFi’sSOFI,-4.29%breadth of offerings as the company strives to be a “one-stop shop” for financial services. He initiated coverage of SoFi shares with a buy rating and $17 price objective Friday, writing that SoFi is “not just another neobank.” SoFi shares were near flat in Friday afternoon trading after rising as much as 6.9% earlier in the session. In Bhatia’s view, SoFi’s broad portfolio, which includes deposit accounts, investment accounts, and lending products, is a major strength. “Customers are expo
SoFi is 'not just another neobank,' Bank of America analyst says
avatarDaveLewis
2022-02-22

How Microsoft's Latest Acquisition Will Shape Its Future in Gaming

$Microsoft(MSFT)$ What the largest gaming deal ever could mean for the tech juggernaut. In the largest deal in video game history, Microsoft announced last month that it has entered an agreement to acquire Activision Blizzard for $68.7 billion. Toby Bordelon:Their announcement, they are acquiring Activision Blizzard. You see here Activision, some popular properties there on your right, you may be familiar with if you are a gamer. This deal, here are the terms: $95 in cash, 68.7 billion in a nominal value. That is the largest deal in gaming history. Now, if you take out the cash that Activision has on hand, you get about 59 billion net value, still very large. When this is over, Activision is going to report to Phil Spencer, who i
How Microsoft's Latest Acquisition Will Shape Its Future in Gaming
avatarDaveLewis
2022-02-22
Margin selling big time on all stocks tomorrow by millennials who think stocks only go up. Buy the dip no longer works near term. People are holding huge profits in NVDA. It gets sold by default!!! Margin calls might trigger a circuit breaker on the Nasdaq! I think we lose 1000 points by Friday if Russia goes forward. Small price to pay here in the safe USA while those people have the fear of death at their door. Pray for them$NVIDIA Corp(NVDA)$
avatarDaveLewis
2022-02-03
$Amazon.com(AMZN)$ It would surprise everyone if AMZN issues a special dividend of $5, raises prime subscription, issues share repurchase after issuing a stock split of 30:1. Would it not. Let us think about this, really. It would only cost them about 2.7B for special dividend (which would be partially offset by rate increase of prime), split would bolster support from smaller retail investors looking to get in but thought stock too expensive; and, repurchase would boost EPS / stock price after split. For a company with free cash flow over 10B, this is a drop in the bucket and smart move. Thoughts?
avatarDaveLewis
2022-02-14

AMZN vs WMT Weekly: Waiting on Earnings

$:Amazon.com(AMZN)$ $:Wal-Mart(WMT)$ By this time next week, Walmart’s critical Q4 results will be in the books and fresh strategic plans will presumably be underway as to how it intends to keep customers engaged and coming back to its stores and website, rather than spending their money at rival Amazon or elsewhere. One proven traffic and revenue-driver that both companies have embraced is healthcare. As much as masks may be coming off, and the pandemic (knock on wood) appears to be in retreat once again, the shift and embrace of highly convenient telemedicine appointments is showing no signs of abating — as both patients and practitioners will continue to consult one another safely via video screen. It’s a tr
AMZN vs WMT Weekly: Waiting on Earnings

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