Here we go again? The shift away from NASDAQ and the stay-at-home stocks still seems to be going in the early hours.
what is DCA'ing? my CRWD and NVDA are taking a beating, but Net was positive for the Day. GM is breaking out
Same! also waiting for amzn to go to ~$2,900 again; will add on the way down. I guess ppl are reallocating to the covid affected stocks, but don't see these tech trends reversing. Also SNOW.
I keep putting $$$ into UPS and Twitter thinking they cant go any lower. Lulz on me. I guess ****ing SHIPPING is a dead industry.
well this sucks...lol I’m still hoping the ANT IPO will get listed...maybe i will buy a little more today.
Novice in the stock game but would anyone be able to explain what it means when AAL and CCL for example sell millions/billions in new stock? Both had big days yest and then slight dips today after news of new stock sell.
I haven't read the news on these specific instances; but from your description sounds like they are issuing new stock to raise funds (to pay debts or invest in the business). By increasing the number of tradable shares in circulation, this can lead to more selling pressure in the short term. Sometimes these sales are done at a discount to the current market price which can also spark a sell-off. In a perfectly rational world, if a company's stock is currently priced at $1, and they issue 1000 more shares to raise $1,000, market capitalization and share price should not change - equity in the company has been diluted by 1000 shares, but the company's balance sheet has also expanded by $1,000. However, for the reasons in my first para, more often it results in lower share price, but there are always exceptions. edit: another way to think of it is that this is the opposite of stock buyback. stock buybacks are generally perceived positively (in the past at least) as the shares in circulation are reduced (creating scarcity), increasing earnings per share (some analysts obsess over this metric) and dividends per share if that company pays one. Selling new stock will have the opposite effect.
They need to pay bills and aren't making money. At one point the biggest cruise liners were burning something like $100 million - $700 million per month from what I recall. Airlines can at least kind of fly and they actually have passengers now, but who knows how many people will fly once restrictions are lifted since there's a lot of business travel that will shift to Zoom conferencing. Cruise lines will probably be under capacity restrictions on travel whenever their lockdown lifts, too. Right now a lot of those stocks are like gambling. Some may not be around or be hurting for months, if not years, to come. If you're new to stocks, be careful investing in airlines or cruise stocks. You could make a lot or be completely screwed over in this climate with the way those stocks are being traded. If you have money you don't care about, then wth, wing it.
For those in BABA, I heard about this early this morning and it's got me a bit nervous : Chinese Internet Stocks Tumble Because Regulatory Risk Is Back https://www.barrons.com/articles/ch...e-because-regulatory-risk-is-back-51605032174 China Clampdown on Big Tech Puts More Billionaires on Notice https://finance.yahoo.com/news/china-turns-heat-internet-giants-051755139.html
Yeah I saw this before I pulled the trigger. To me it is the same risk you'd face buying Amazon, and the Biden administration saying they're too big. Either way, people aren't going to stop buying from BABA or AMZN, and I don't think the respective governments would do anything substantial to cripple their e-commerce champions during the US/China trade war.
