ChristKitto
ChristKitto
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avatarChristKitto
2022-02-28

Will SoFi's $1.1B Acquisition of Technisys Pay Off?

The deal is expensive but is expected to significantly grow revenue in SoFi's tech division in future years. The one-stop-shop financial services company SoFi$SoFi Technologies Inc.(SOFI)$ made a splash coming back from the holiday weekend by announcing that it had agreed to acquire the core processing company Technisys in an all-stock deal valued at $1.1 billion. Core processing systems are the back-end infrastructure that enables banks to carry out a broad array of their daily operations, such as managing deposits, loans, and other types of transactions. Not only does the price amount to roughly 13% of SoFi's current market cap, but it rivals its previous acquisition of Galileo, which SoFi $1.2 billion. Galileo has been a big selling point among in
Will SoFi's $1.1B Acquisition of Technisys Pay Off?

I was gutted I wasn't buying mstr before $800

$MicroStrategy(MSTR)$ I only own x5 MSTR shares. I dont care about average prices etc. I only focus on how many ive accumulated if it was to dip I would double down from other investments probably. Regardless of sentiment but I refrence btc with all trades.Im from the UK and I'm 26, you have what's called personal SIPP's with tax benefits. But these are locked until I turn 67 years of age. So a LONG time.I get paid contributions from my employer and I contribute myself. When it's built up enough I transfer it over to HL and buy up some more MSTR.I started off with about 2.5K back in Jan 2023 in the SIPP..I own $Coinbase Global, Inc.(COIN)$ $MicroStrategy(MSTR)$ <
I was gutted I wasn't buying mstr before $800
$Greenwave Technology Solutions Inc.(GWAV)$ Price of copper is almost five dollars a pound. I wouldn’t be surprised it goes up to $10 this year. And the exhaust system either has platinum or palladium and that’s $1000 an ounce and the steel. I wonder why the company doesn’t mention that the exhaust system.This is a longer term play if you really want to make money. Look at the previous prices for shares. Its ten times what it is today. The company is set to make money in a booming metals market as an alternative to mining.Again as I have said all along. Valid stock for a time when these metals are needed. This will go up. You gotta hold and be patient. I started the day with 6000 shares lol closed the day with 18,500 and
avatarChristKitto
2023-01-13
$Lucid Group Inc(LCID)$ LCID ring ring shorts!! next week!! margin calls coming!! you can not pay 80% or more for borrowing. there are 160 mio shares short. All I see is folks already in wanting the stock go up, folks looking to get in low for max profit, and folks wanted it to go down either to cover or profit. All of them just wanting to make money. Which one are you?
avatarChristKitto
2023-04-14
$National CineMedia(NCMI)$ We all knew this was going bankrupt. This is a simple debt for equity swap with their lenders. The company is doing fine. The shares are not going to 0. Most likely, we'll see a steady rise to $3-4 by the end of summer. Anyone shorting this stock is stupid or simply doesn't understand what is happening.I'm not sure why people think AMC $AMC Entertainment(AMC)$ controls what NCMI does, they don't lol they just have a passive stake. This company by end of year has a really good chance to be $1+ again, but it takes time... it's not going to be an overnight sky-rocket stock unless some really good news appears or massive pump and dumps happen.
avatarChristKitto
2022-04-28
$Airbnb, Inc.(ABNB)$ The stock that I couldn't wait to get my hands on was Airbnb. Undoubtedly, the pandemic created a tremendous amount of pent-up demand for vacations. And as travel picks up, Airbnb stands to benefit. Airbnb relies on its hosts to make upgrades. Moreover, with some four million hosts in its network, Airbnb offers locations and experiences that are tough to match. Finally, the company's finances are in good shape.
avatarChristKitto
2023-01-09
$Occidental(OXY)$ If Oxy follows though with plans to start buying back the preferred shares from WB then they should increase the dividend to around $2 (annual basis) which is half of what needs to be returned to shareholders on an annual basis to start the process. This would also put the yield in the ballpark with CVX$Chevron(CVX)$ and XOM$Exxon Mobil(XOM)$ . Finger crossed.

Gamma squeeze to $2,000 ahead of SP500 listing

Hey, did you hear the news? $SUPER MICRO COMPUTER INC(SMCI)$ is officially part of the $S&P 500(.SPX)$ ! This is huge! I've been following this company for a while now, and I'm really impressed with their growth and potential. Gamma squeeze to $2,000 ahead of SP500 listing.This looks like $Tesla Motors(TSLA)$ of 2020, definitely not a bubble. When Tesla got included in s&p, stock went up 50% in 2 weeks and then stabilized.Based on that analogy this can goto $1800. Could be overvalued just like Tesla and it went all the way to 2500 and reverse split twice. So I will keep fingers crossed for this guy too.SMCI Joins S&P 500 Is J
Gamma squeeze to $2,000 ahead of SP500 listing
avatarChristKitto
2022-03-22

Is Microsoft Stock A Good Buy For A Tech Portfolio?

We think Microsoft is a defensive tech stock, given its solid profitability and free cash flows. Furthermore, the company has multiple growth levers to pull with a well-diversified business model. We discuss why tech investors should add MSFT stock. Investment Thesis Microsoft Corporation$Microsoft(MSFT)$ is one of the core tech holdings in our portfolio. The company has transformed itself since CEO Satya Nadella took over the reins. The tech behemoth continues to drive growth across the SaaS space. Furthermore, its momentum has also been underpinned by the strength of its Azure IaaS. It has allowed the company to continue shifting its customers' legacy workloads and applications to the cloud. Furthermore, it has exposure to multiple
Is Microsoft Stock A Good Buy For A Tech Portfolio?
avatarChristKitto
2022-10-21
$NVIDIA Corp(NVDA)$ If FED says no more rate hikes, market starts to recover climbing consistently(possibly a new bull market). If this is the case, then we all should NOT be buying any dips and just wait for the FED's signal and then go all in right? Sounds like very easy way to make money, right? I don't buy this theory. Too good to be true!
avatarChristKitto
2022-06-27
$XPeng Inc.(XPEV)$ I believe that XPeng is the best name among Chinese electric vehicle stocks. It’s also among the top growth stocks to consider for multi-fold returns. XPeng has an attractive pipeline of new models, It is targeting aggressive expansion in Europe. Considering these factors, I would not be surprised if XPEV stock trades in triple digits by 2025.
avatarChristKitto
2022-04-18

Top Stocks To Buy Now? 4 Communication Stocks To Watch

Communication stocks have been a popular theme among investors in thestock market. Well, it is worth noting that the industry now is more broadly defined than ever before. It now includes everything from legacy media companies to internet stocks. Besides that, television broadcast and mobile wireless networks are also part of the communication sector. Regardless of circumstances, the world is now increasingly reliant on communication services. On a daily basis, billions of people around the world spend their time on major communication platforms such asFacebook$Meta Platforms, Inc.(FB)$ andTwitter$Twitter(TWTR)$ .   So much so that even Tesla’s$Tesla Motors(TSLA)
Top Stocks To Buy Now? 4 Communication Stocks To Watch
avatarChristKitto
2022-04-25

2 Reasons to Be Bullish on NIO Stock

Nio(NIO) stock has been falling after the price hike announcement and the suspension of production. The production halt is temporary and many other electric vehicle (EV) makers have also hiked their prices. The dip in Nio stock is a great chance to take your position. Having recently announced a forced halt in EV production,Nio$NIO Inc.(NIO)$ (NYSE:NIO) stock has suffered. The stock tumbled after the announcement since investors assumed that the company will miss production targets. NIO stock went from $23 to $19 over the past two weeks. Once the impact of the pandemic subsides, Nio will have a massive market to cater to since the demand for EVs is only going to expand in the coming years. I think the market is overreacting to this move and has a misu
2 Reasons to Be Bullish on NIO Stock
avatarChristKitto
2022-07-15
$Netflix(NFLX)$ Netflix looks to be basing inside the falling wedge. Currently, it's pushing up against the upper trend line. If you zoom out the chart, you will find that the stock has checked back to multi-year uptrend line that was started since 2013. Even with basing side way move the stock is tracking along upper trend line for the past several days. This basing side way action can resolve to reversal or continuation to the next leg down. If the price breaks down, the stock could head to $129 area. On the other hand, if the reversal to occur, it could head to $227 area.
avatarChristKitto
2022-06-06

3 Reasons Amazon Stock Could Soar After Its Split

Investors get excited about stock splits. It's certainly understandable; getting more shares of your favorite company can bring a smile to the faces of even the most stoic among us.It's also true that companies that announce their intentions to split their stock tend to see their share prices run up as the split date approaches. Even though stock splits do not fundamentally alter the value of a business -- they simplycreate more slicesof the same pie -- many people are happy to buy more shares at lower prices.Professional traders know this, so they also tend to buy stocks that are about to split ahead of their split dates. All this buying can drive share prices up, bringing in more momentum traders and adding fuel to the fire.But that's not what this article is about. Yes,Amazon
3 Reasons Amazon Stock Could Soar After Its Split
avatarChristKitto
2022-04-11

Ford Stock: Here's Why It Will Continue To Struggle

Cyclicality was always going to be a factor at some stage. Sales have decreased as a consequence of economic pressure. The company's stock is overpriced and holds a poor risk-return profile. Ford's EV segment is impressive but is still too small to yield significant economic influence on the company. We were early on some of our previous bearish calls but certainly not wrong. We've been bearish on Ford$Ford(F)$ for quite some time now, and it's finally paying off. Since our last article, Ford stock has pulled back by nearly 15% and has been subject to a downgrade by Barclays recently. Brian Johnson of Barclays covered the stock and said that "Despite the selloff, we believe investors are still underestimating risks to the sector - and in particular to s
Ford Stock: Here's Why It Will Continue To Struggle
avatarChristKitto
2022-07-28

GameStop Stock: Short Sellers Take a Beating in July

Shares ofGameStop$GameStop(GME)$ are trading higher again in June, helped by catalysts such as the launch of the company's NFT marketplace and a stock split.In fact, GameStop shares have managed too utperform the S&P 500$S&P 500(.SPX)$ so far this year. And they've also managed to cause big losses for short sellers who insist on betting against the stock. GME Is Among the Top 10 Most Unprofitable Shorts in July (So Far)According to a report published by S3 Partnerson July 21, GameStop has been among the top 10 most unprofitable stocks for short sellers during July 2022. So far this month, short sellers have already lost $443.4 million on GME.It's worth noting that, compared to the many lar
GameStop Stock: Short Sellers Take a Beating in July
avatarChristKitto
2023-02-24

Grab Stock: Has Potential, But So Far The Cash Burn Is Enormous

Grab$Grab Holdings(GRAB)$ aims to become a super-app of Southeast Asia that delivers everything possible, offers Uber-like mobility and may even be a bank. The market has already recognized this potential. However, the current valuation leaves little room for error, andprofitability is unlikely to be achieved until 2024, possibly even later. Right now, the cash burn rate is enormous. In 5 or more years, it could be a super app; currently, the risk is too high for my taste.Future potentialThe company could benefit from numerous structural advantages. First, the market for deliveries of all kinds, including food orders, is still much younger and more immature in Southeast Asia than in Western countries. Second, the populati
Grab Stock: Has Potential, But So Far The Cash Burn Is Enormous
avatarChristKitto
2022-11-16
$Pinduoduo Inc.(PDD)$ a stock being up on a given day doesn’t make it the better buy. PDD and JD$JD.com(JD)$ $JD-SW(09618)$ aren’t trading at nearly 1x book and 7x PE. The upshot is nowhere near the same. We have identified an unusual PDD sweep that expires on December 16, 2022 with a strike price of $80.00. 1,264 CALL contracts with a price of $4.34 (Ask) were purchased at a $549,798 premium.
avatarChristKitto
2022-06-16

Which Fintech Stock Could Emerge Stronger from the Recent Selloff?

After a market selloff, we compare these three fintech stocks to see which may have better returns. PayPal's(PYPL) growth prospects look good as the company focuses on new initiatives and expansions. Block's(SQ) Cash App showed strong growth in the first quarter, leaving analysts optimistic about the stock. While facing headwinds,SoFi(SOFI) shows promise with its new status as a bank and the anticipation of the expiration of the student loan moratorium. Soaring inflation, high interest rates and geopolitical tensions continue to drag down the broader market, most particularly growth stocks. Last week’s U.S. inflation data further spooked investors as the Consumer Price Index rose 8.6% year-over-year in May, marking the highest increase since December 1981. Several financial technology (fin
Which Fintech Stock Could Emerge Stronger from the Recent Selloff?

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