Old Man Cain
OG
I'm late but how is the swwpx fund?
I'm late but how is the swwpx fund?
No to XOM and INSG
Oil and gas is gonna get a lot worse and XOM is gonna take a beating. It's the best in its class but I would have waited because it'll get cheaper. Oil and gas is gonna get crushed. INSG is losing money and is also selling at almost 40x it's worth meaning that you're overpaying for a business that's losing money. There are companies in that same sector as INSG you can invest in who are at far better valuations and will make you money. If you're trying to cash in on 5G you need to ask yourself how a tiny company like that is going to beat America's biggest telecom giants who are far better positioned, have more cash, an oligopoly and already have 4G towers they can upgrade to 5G by spending cash to innovate them. You might want to take a look at China Mobile or AT&T.
Disney is gonna have a slow year but it's a phenomenal company, WFC is phenomenal company too although I like Bank of NY and JP Morgan more. Goldman Sachs is one of my favorites as well.
I think SWPPX is the best position you have and then Disney. I think markets will get worse when the economic data hits and companies report more red in the 2nd quarter and the feds officially announce the country is in recession. Conversely markets could have already priced in all of this. Can't say for sure tho.
That's what's up. I'll keep these in mind and use them as points of reference. I been seeing quite a few banks whose P/B ratio is around 1 or less. I also notice that a lot of these companies will have shareholder's equity less than the market cap, but the price to book value is still less than 1 or around 1. I'll dig into some more other sectors out there and find suitable replacements for XOM and INSG. Although I do like JP Morgan and Goldman Sachs. Apple looks attractive too but it's so expensive right now smh.On the balance sheet if the shareholders equity (total assets minus liabilities) is more than the market capitalization (also called market cap), the company is cheap and/or selling at a discount. This is called the book value.
You can also Google "price to book value " of a company. If the price to book value is less than 1 the company is selling at a discount to its worth. The number 1 signifies 100%. Ideally you want book value below 1.25 but preferably below 1.
Novavax(NVAX)
yesterday $24
then after the market closed
Vaccine Company Novavax Gets $388 Million Grant For Coronavirus Vaccine
CEPI, the Coalition for Epidemic Preparedness, has promised the company up to a total of $392 million for the development of a vaccine against the COVID-19 coronavirus.www.forbes.com
today $40
me personally...hold novavax im not sure about the other company.......so that would be a flip.For something like this, would you want to hold it long term or make a quick flip?
check this out
10:50 am est this morning
grubhub is at $48
then and hour ago
Uber Approaches Grubhub With Takeover Offer
Uber Technologies Inc. has made an offer to acquire Grubhub Inc., a move that could combine two of the largest food-delivery apps in the U.S. as the coronavirus drives a surge in demand, according to people familiar with the matter.www.bloomberg.com
it is now $63
you wont get to it in time. none of us keep up with this site like that.Fam I get what you doing but you need to post one before it happens so we cam buy before the price jump
you wont get to it in time. none of us keep up with this site like that.
thats why im saying you guys need to set up your alerts to get it when it happens.
but if i see something i usually try to post up.
What keywords you have setup for your alerts?
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