$Rivian Automotive, Inc.(RIVN)$ Rivian said that while inflation has been a factor in its supply chain, it will continue to take steps to increase production and reduce material costs through efforts to streamline engineering and vehicle design, as well as reduce commercial costs. It is expected to UP
$Silvergate Capital(SI)$ Play #2 in today's AH session was a short call on $Silvergate Capital(SI)$ the moment the PR hit the wire. From $4.40 down to $2.50 in minutes for a 45% profit in less than 5 minutes. I had this at the top of my watchlist knowing even the slightest catalyst could send or kill this one, and today's was a monster.
$Credit Suisse Group AG(CS)$ over panic due to SVB. This, like much of the market over the last year, has been sheep herd panic selling. Credit Suisse may be week, but to think it’s going to zero is utter nonsense.
$Bilibili Inc.(BILI)$ As the Chinese version of $Netflix(NFLX)$ , after a sharp decline in the financial market in 2021 and 2022, the current valuation has reached a reasonable level, and even combined with its development prospects and industry market share in China, it is undervalued. It is believed that after China issues the liberation order in 2023 and comprehensively promotes the economic and enterprise development of various regions, it is believed that the number of creators and users in bili will increase more
$Credit Suisse Group AG(CS)$ bye bye suisse, 54 B isn't enough to plug the hole and the .5 increase today is the last nail in the coffin run bag holders run.
$SoFi Technologies Inc.(SOFI)$ would be nice to see a surprise positive announcement. Kind of sad that everyone waiting for SC decision even though student loans has become a smaller part of the entire picture. Also have to wonder what percentage of the loans forgiven would’ve affected Sofi. Apparently it would only forgive the government loans. No doubt that even after they find that they have to pay, this administration will find a way to drag it out longer. And so for me, I focus on last earnings statement that Sofi will be profitable end of year. Everything else is just noise
Imagine Apple buys in…. The company is in negotiations for additional investment from US and international resources as of now. I know it’s a dream but this car does have the power and luxury to compete with the best….The screens alone inside with Apple technology would be amazing. This would squeeze so hard probably go $100 a share within a week $Faraday Future(FFIE)$
$Salesforce.com(CRM)$ The entire pure-play Software as a Service industry has a terrible profitability problem. Salesforce is by far the biggest player in the industry and it’s ability to spin the narrative for so long has to eventually come to an end.I’ve been in management in the software industry for 40+ years. The SaaS startups have survived financially for primarily two reasons 1) a 10 year+ environment of easy capital, and 2) ability to keep going even though they don’t really charge enough to cover their costs.I guess an argument can be made that if they cut costs dramatically then they could make enough money and keep prices where they are, but I’m not so sure about that. I think they will have to cut costs AND raise prices dramatically to
$Microsoft(MSFT)$ MSFT is a never sell in my book. As for buying more, that's really a personal decision. How many shares do you have,how long are you holding for,do you have a lot on cash available, and on and on. MSFT is by largest holding, so I'm a bit biased. Good luck,whatever you decide.