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Here is what they were at, obviously there will be some change before closing.
The Shop
If i were them I'd focus on the the semi, and specifically building a market in Europe. Their emissions regulations are way more strict, and having a smaller area to work with might make it easier. I say this assuming that a Tesla semi isn't going to pull up to the same supercharger as a Model X. But who knows. As for borrowing, I don't know the financials well enough to say one way or the other, but I'd want to make sure cash flow is secure and that they're hedged someway against rising rates.
I'm seriously considering a leverage right now, first good drop we've had in so long I want to throw some money at it. I do mutual funds, so I'm thinking borrow $50k with interest only payments at $150/mth into a 100% equity portfolio and let 'er rip. I might do 10-20% into some sector funds like natural resources or maybe small cap stuff.
I’m not a big fan of buying expensive single share stocks like Amazon for example. It takes a lot to move a single share. If you buy one share at $1,482 it takes a lot to move that share up. At current price takes a lot to get a 6x return. Now on the flip side of that it’s a very safe stock.
Conversely, you could lay down the same amount of money on a beaten down oil stick. Take the $1,500 and buy 750 or even 1,500 shares.
When oil comes back those will easily be 6x -8x return on your money.
Obviously there is more risk here because you could lose your money. But you could also be looking at cashing out and making a very tidy profit.
Void Main could buy 7 contracts for a total of $1351. The share price below is $1.93 and each contract consists of 100 shares, so it's $193 per contract x 7 = $1351
Now, let's see how much he would make. He has until January 18th before the contract expires:
And if you want to really gamble and go for it, you could buy these Dec 28th 165 Calls for $63 per contract. He could afford 23 contracts for a total of $1449. This is a "go big or go home", but he could double his money in a day (note the .63 cents per share price):
One more for those who think the market will bounce back from it's current level. Take $9,618 and buy 14 contracts of Jan 70 Puts for UVXY. Let's see what happens (just note the share price of $6.87):
Primarily DNR as it is heavily tied to oil prices. Obviously it's getting killed right now. It's a good buy opportunity. It can and probably will still go lower. I'm buying as it goes down under $2. If it goes under a dollar I will buy a huge load of DNR. You just have to hold it long enough for oil prices to rebound. That can take a few years depending on many factors. There is risk here, but I don't think bankruptcy is likely at all. I already own several thousand shares under $1 and would love to add a lot more this time around.
A few year ago I was heavily invested in DNR at about $3.75 a share. It started tanking and I kept accumulating as it went down. At a certain point I had about $30,000 invested with a value of about $10k. So I was pretty worried. It dipped under a dollar and I obviously bought a few thousand shares but was real scared to back the trunk up and buy 10-15 thousand shares because of how much I already had invested and had paper loss at that point. I was completely wrong and should have loaded up big time because it climbed to about $6.75. I sold off all my shares that were above $3 and made a nice profit.
Understand it's real easy to have hindsight on a stock. However this time if if it goes under $1 I will load the boats with DNR and hold long. Anything under $2 is a good buy and anything under a $1 is great. You can make some real big money here.
Pit Row
I've been looking a bit but there's a ton of options.
Post a reply to: Market testing the lows from Oct