Stock discussions

[8pm]

6 minutes ago, Tillu143 said:

Instacart ip0 at $26-$28. Can we buy

ARM 47-51

[dalapathi]

4 hours ago, Tillu143 said:

Instacart ip0 at $26-$28. Can we buy

Ippudu evaru use cheyyatle kada instacart.

[SonyAgarwal]

AMC bagataggindhi 

is it right time to buy ?

[jersey babai]

5 hours ago, SonyAgarwal said:

AMC bagataggindhi 

is it right time to buy ?

Enduku sanka nakatainiki. Don't waste your money on bad businesses.

Only invest in quality companies, you will make money in the long run..

Something like this...

https://m1.finance/8HY386XOQiaU

[Konebhar6]

3 hours ago, jersey babai said:

Enduku sanka nakatainiki. Don't waste your money on bad businesses.

Only invest in quality companies, you will make money in the long run..

Something like this...

https://m1.finance/8HY386XOQiaU

Looks like a private firm. Somehow, I dont trust these private firms. I would rather put my money on similar funds from reputed finance firms like Blackrock, fidelity, GS, etc.

[Konebhar6]

8 hours ago, SonyAgarwal said:

AMC bagataggindhi 

is it right time to buy ?

If you want to buy it, follow redditt forums and buy when the short interest on the stock is very high. That's when there is a chance for short squeeze and the stock could pop.

But seriously, avoid it. There are better stocks in the market. MMM for example. Bluechip with 6% div and at attractive levels.

[krishnaaa]

21 hours ago, Tillu143 said:

Instacart ip0 at $26-$28. Can we buy

Better to buy Sofi which did underwriting for Instacart ipo.

Sofi is now in top 100 banks list.

It was in top 400 when it IPOed.

Wouldn't be surprised if it becomes a top 5 bank.

[Tillu143]

2 hours ago, krishnaaa said:

Better to buy Sofi which did underwriting for Instacart ipo.

Sofi is now in top 100 banks list.

It was in top 400 when it IPOed.

Wouldn't be surprised if it becomes a top 5 bank.

Thank you. Already invested in sofi

[krishnaaa]

29 minutes ago, Tillu143 said:

Thank you. Already invested in sofi

Cool. It's my one of my major positions with 17k shares.

If you are looking for similar undervalued and underappreciated companies, look at STNE and RDW.

[Konebhar6]

50 minutes ago, krishnaaa said:

Cool. It's my one of my major positions with 17k shares.

If you are looking for similar undervalued and underappreciated companies, look at STNE and RDW.

That's too much investment for 1 stock. You must really believe in the stock and has done some good research. What's your premise for investing so much?

[krishnaaa]

1 hour ago, Konebhar6 said:

That's too much investment for 1 stock. You must really believe in the stock and has done some good research. What's your premise for investing so much?

Big banks are done. They are losing customers except for JPMORGAN which is growing at a very slow pace. They also hold toxic commercial real estate and are very slow to adapt to changes. 

Sofi on the otherhand has been growing at rapid pace. Their major revenue was student loans and they were very nimble and added lot more products and lending when student loan moratorium was introduced. They got bank charter. Acquired Galileo. Now big banks would depend on Sofi with this move in future.

They were very smart in acquiring naming rights for sofi stadium. It attracts high margin customers. They used to grow 400k customers every quarter. Last quarter they grew by 600k customers. They forecast to grow by 800k-1mil customers in future. 

And as customers grow, cross selling revenue also grows.

Anthony Noto (Sofi Ceo) is a great asset. He holds lots of shares and keeps buying more whenever share price falls due to negative news. He was also the lead Underwriter and was incharge of underwriting Twitter ipo. And now Sofi is involved underwriting instacart nd Arm. It's not a coincidence. It has entered the big leagues with this move. Big companies have started working with Sofi now.

There are very few companies that have so many positives. STNE and RDW have similar upsides.

[ve_ndor_bad_cows]

2 hours ago, krishnaaa said:

Cool. It's my one of my major positions with 17k shares.

If you are looking for similar undervalued and underappreciated companies, look at STNE and RDW.

17k shares Avg price? It already peaked to 100% from last 1 year 

 

[Konebhar6]

3 minutes ago, krishnaaa said:

Big banks are done. They are losing customers except for JPMORGAN which is growing at a very slow pace. They also hold toxic commercial real estate and are very slow to adapt to changes. 

Sofi on the otherhand has been growing at rapid pace. Their major revenue was student loans and they were very nimble and added lot more products and lending when student loan moratorium was introduced. They got bank charter. Acquired Galileo. Now big banks would depend on Sofi with this move in future.

They were very smart in acquiring naming rights for sofi stadium. It attracts high margin customers. They used to grow 400k customers every quarter. Last quarter they grew by 600k customers. They forecast to grow by 800k-1mil customers in future. 

And as customers grow, cross selling revenue also grows.

Anthony Noto (Sofi Ceo) is a great asset. He holds lots of shares and keeps buying more whenever share price falls due to negative news. He was also the lead Underwriter and was incharge of underwriting Twitter ipo. And now Sofi is involved underwriting instacart nd Arm. It's not a coincidence. It has entered the big leagues with this move. Big companies have started working with Sofi now.

There are very few companies that have so many positives. STNE and RDW have similar upsides.

I remember Buffet investing in STNE some yrs back. It used to be 15 then. IT grew to 90 and now back in tens i think. I have burnt my hands investing in South american companies. If I am not wrong this is from south american country or may be i am confusing with another similar company that strts with P. 

Thanks for the summary on SoFi. Need to do some study on this and read financials. One of the reasons it fell so much is because of uncertainty on student loans

[krishnaaa]

5 minutes ago, ve_ndor_bad_cows said:

17k shares Avg price? It already peaked to 100% from last 1 year 

 

It is still a good price. Keep accumulating whenever it falls below 9.

My avg is 7.5

[krishnaaa]

6 minutes ago, Konebhar6 said:

I remember Buffet investing in STNE some yrs back. It used to be 15 then. IT grew to 90 and now back in tens i think. I have burnt my hands investing in South american companies. If I am not wrong this is from south american country or may be i am confusing with another similar company that strts with P. 

Thanks for the summary on SoFi. Need to do some study on this and read financials. One of the reasons it fell so much is because of uncertainty on student loans

You got the right STNE.

They burned their hands before because they relied on government data which was inaccurate. Now they are not and in a much better place and their growth has been outstanding. Market still doesn't realize this which is great news for us.

 

Sofi... student loans are going to come back which is another big positive once interest rate cuts happen. They already replaced student loan revenue with revenue from lending and other financial services. They also have been diversifying so that they don't depend on one single source of revenue.

Their lending is also only to high networth individuals unlike other banks.