Sanrith Descartes
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Mist
REEEEeyore
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More retirees and deaths among working age people than people entering the workforce.
Remember that all-cause deaths among working age people are up 40% since before COVID.
Jysin
Ahn'Qiraj Raider
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Keep an eye on XBI (oversold biotech ETF). Or LABU if youre feeling frisky (3x levered).
XBI has shown strength on recent market pullbacks. Markets will eventually remember biotech stocks aren't just about Covid. Definitely seeing some strength and inflows back into the sector.
XBI has shown strength on recent market pullbacks. Markets will eventually remember biotech stocks aren't just about Covid. Definitely seeing some strength and inflows back into the sector.
swayze22
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Mist
REEEEeyore
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Sanrith Descartes
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Mist
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lol don't even have to go back that far. It's fallen 97% in the past 5.5 months.
If it rebounded even a little of that it would be a massive gain.
Sanrith Descartes
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Lucent market cap in Dec 1999 was $285b
Edit: i got Alcatel and Avaya mixed up. Avaya was spun off of Lucent. Alcatel was merged with Lucent.
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Mist
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At the current price, Avaya's current market cap is less than the book value of its larger business partners. One of its business partners could likely take out a loan and acquire the whole company (if they could find a way to deal with the 3billion in debt...)
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Sanrith Descartes
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Mist
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I'm just saying, if the stock recovered to even 5 dollars you could make lifechanging amounts of money. They wouldn't have brought in a ringer of a CEO if they were expecting to just close the doors. If we could convince reddit or one of the WSB discords that this was a good idea, it could be insane.
Tmac
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Mist does have at least one good point. A good CEO changes the game when it comes to returns to investors. One of my favorite investment-ish books is:
Amazon product ASIN 1422162672
Question being, is he that good of a CEO?
Amazon product ASIN 1422162672
Question being, is he that good of a CEO?
Sanrith Descartes
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Big Phoenix
Pronouns: zie/zhem/zer
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Sanrith Descartes
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With people like this, you always have to line up sales with their stock options being exercised. Not saying its the case here.
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Sanrith Descartes
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Missed on earnings but beat on revenue. Revenue up 26% yoy and more importantly commercial revenue grew 46%.
EPS was -1c and expected was +3c
Rev was $473m vs $471m
Commercial customer count increased 250% year over year, growing from 34 customers to 119.
CFO David Glazer told CNBC the company’s miss was due to a decline in investments and marketable securities. They have invested in a number of SPACS and that market weakness is reflected in earnings being down. Overall they are guiding $1.9b in 2022 revenue.
I actually like what I am seeing. The EPS miss doesn't faze me at all. I will now be looking to add to my position (selling puts) on the next major market move downward.
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