OT: Stock trading | Page 97 | The Boneyard

OT: Stock trading

How do you feel about INUV?

The 15 min chart for the past month looks "bullish", but choppy. Earning tomorrow, still did not test the January high of $.2.34 Will have to see how the Q1 earnings are. The technology is probably not understood by most investors, not that that matters, I would wait and see if it retest $1.60 level before buying. Volume has been just "ok" at roughly 14 million. If you already own it, hold for sure and see how it plays out this week.
 
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No. They got a deal to supply medical marijuana in the UK today. Plus, anything weed related is giving investors the munchies and they can’t eat it fast enough.

Interesting. So the alphria merger is already priced in?
 
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Interesting. So the alphria merger is already priced in?
TLRY’s UK distribution agreement with Grow Pharma likely contributed most to today’s spike, but evolving state laws, distribution in Spain, similar projected in Portugal, and the APHA merger targeted before end of 2Q similarly contribute to projected upside. Fully priced in merger already? Who knows, maybe getting there, yet don’t care what’s caused run up since late Mar & Aug buys.
 
If this is a response to Psychadelics: There will be medicines for depression, anxiety, and addiction. That market is already huge, but the amount of psychological damage inflicted because of social media and other elements the market is only going to grow.
AIKI
 
That’s the biggest issue. The legal stuff can’t compete with the black market on price, and in some cases quality(THC regulations on edibles for example). It’s obviously decriminalized in these states so the black market operates with no risk. My fear is that the industry will ultimately heavily lobby for tougher sentencing on black market dealers and since the government is essentially in business with them with all the taxes and regs they may play ball.
Yeah. I believe CT is making it Corporate Cannabis. No small guys. CT apparently introduced a terrible bill that is corporate in nature, equality driven, politically connected
 
I was looking at the other stock thread which seemed centered around crypto. seems with congress going blue
there is even more momentum in this sector - thoughts?
Eh, we’ll see. Nothing happens until the big players say so. Watch, I believe it’s called, Banking on Bitcoin to see how they rigged the system in their favor.

I know Governments are using illegal use of crypto to crack down on it which is bs.

Do you have any specific questions?
 
If it becomes legalized, what impact do you anticipate?
Depends on what society says. I think some places will be more liberal with it and others won’t allow it in their town. I also think big players are positioning themselves to corner the market. I think it will be too regulated and taxes forcing people to continue to buy underground
 
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IPOC is clover health right? which is a medicare advantage clone?

I got some IPOB late which will be $OPEN starting Monday. See what happens with this one. Any one already using Opendoor for real estate?

OPEN finally moving
TRCH up 20% today
 
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OPEN finally moving
TRCH up 20% today

I've considered buying Opendoor recently and I think it will do well but I own Redfin which is in the same space. Its up 220% in the 8 months I've owned it. I think these companies are going to seriously disrupt the residential real estate market.

If I was selling my house today I would look at both these companies without a doubt. Thousands to tens of thousands in savings with the same or better service, easier transactions and the option of i-buying.
 
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If I was selling my house today I would look at both these companies without a doubt. Thousands to tens of thousands in savings with the same or better service, easier transactions and the option of i-buying.
Perceived savings & convenience, but both companies also toss out inexplicably low ball offers which are non-competitive even if paying agent, inspection, etc fees in our homes current markets. If we were selling, we know the similar home values being sold in a day with multiple bids above asking prices with limited to no inspections. For sellers, Redfin and OpenDoor likely make more sense in other areas and times.
 
Perceived savings & convenience, but both companies also toss out inexplicably low ball offers which are non-competitive even if paying agent, inspection, etc fees in our homes current markets. If we were selling, we know the similar home values being sold in a day with multiple bids above asking prices with limited to no inspections. For sellers, Redfin and OpenDoor likely make more sense in other areas and times.
If I were buying I'd expect a discount on homes not listed with a 'market' local brokerage company and likewise if buying or selling would expect a premium for a major listing firm/agency. So the question on the selling side is can the agent you choose earn that big commission (its insane that commissions are still 6% here as prices skyrocket) or can you bargain with them using the internet listing sites as leverage? I'm not following at all, but I'd bet where I live in suburbs of Boston 90% of sales are conventional brokers & they are getting a 10% premium plus likely selling 99% of homes over say $600K.

Home buying & selling is pretty emotional & complicated so I see a utility for brokers on both sides. However if I was an agent I'd be independent, use one of the online firms and charge half of what the brokerage companies do (the 'house' averages 50% of fees from their agents depending on experience). Will the best agents start selling with that type of hybrid model?
 
Perceived savings & convenience,
Honest question, how do you perceive the savings as being perceived? In the case of Redfin, they charge less and get competitive prices for the homes they sell (I can't remember where I saw the numbers but they were actually averaging a slightly higher selling price). This did not include i-buying where you would expect to perhaps get a lower price in lieu of paying all the fees. If the savings and convenience are not real why are these companies growing by leaps and bounds? Again, honest question. I really think in a period of 5-10 years things are going to change a lot.
 
Honest question, how do you perceive the savings as being perceived?.
Simple math. At current home prices, neighbors put 4 houses on the market, 2 paid 6% traditional agent fees in 2 cases, paid inspectors, 1 sold by owner, 1 with lower fee minimal service broker, and each received multiple bids above asking prices and still netted markedly more than the Redfin and OpenDoor low ball quotes received in the last 3 weeks. Done. All things are not equal for all sales.

Both companies serve a purpose and will likely continue changing traditional RE sales/buys, but their offer data is not perfect. Simple math.
 
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