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No, I didn't get a red bell, normally it's means a margin call.
No, not Feds, it's all Biden, he's the man that said, we'll go green, no more burning fossil fuels, but then we have the Postal Deal.
Doesn't one have to ask, does/did Biden even know about it?
Who's running the show, it's not Joe?
Joe is all green!
Not minutes, seconds!
If this is up for vote, I love:
Attack of the hedgie zombies
OK, yes, I knew that and yes, they are loaning out my shares for others to short. Plus, charging me margin as if I owned the shares that they do whatever the hell they want with them. (I'll also bet you the dude that didn't get his fill has a margin account,too, that's the reason he didn't get his fill, they do require 100%)
Sweet game for them, but I can't write puts without having a margin account, today I wrote ten contracts of CPB 47.5 puts for 1.28, or I got $1,280.00 for what I'm hoping will expire worthless this Friday. (CPB reports earning Wednesday, and they killed it last quarter) while raising guidance for this quarter!
HEDGE HOGS have a 10% short position on CPB, to boot!
GameStop Stock Is Flying Again. The Transformation Is on the Way. -- Barrons.com
11:07 am ET March 8, 2021 (Dow Jones) Print
By Connor Smith
GameStop said Monday that Chewy co-founder Ryan Cohen is chairing a new committee geared toward transforming the retailer into a technology business. The stock is soaring.
GameStop (ticker: GME) said the board of directors formed the strategic planning and capital-allocation committee that includes Cohen, former Chewy (CHWY) executive Alan Attal, and Kurt Wolf. Cohen, and Attal joined the board in January, along with Jim Grube, another former Chewy executive. Wolf, managing member and chief investment officer of activist investor Hestia Capital Management, was elected to GameStop's board in June 2020.
GameStop made headlines earlier this year as its shares turned parabolic amid massive interest from both retail traders, battling with hedge funds that were betting on its price to fall. The moves were likely supercharged by options activity and the stock's sky-high short interest. The company had been looking to reinvent itself for years, which included a reboot outlined in 2019 with goals of cutting costs and forging a stronger digital presence.
About a year ago, GameStop stock was cheaper than a Happy Meal. But as the summer wound down, Cohen helped spark a rally by building a stake in the company and later urging the board to better embrace digital offerings to better compete with e-commerce giants like Amazon.com (AMZN).
In the weeks after Cohen and his associates joined the board, GameStop transformed into a cultural battleground where retail investors rallied around the stock seeking to thwart hedge funds betting it would fall. The stock flew to as high as $483, before falling back to Earth. But shares have rebounded quite a bit in recent weeks. GameStop stock is up 25% to $171.65 in Monday morning trading, while the S&P 500 index was up 0.8%.
GameStop said the committee will hone in on ways to transform the retailer into a technology business by looking into operational objectives, capital structure, and allocation priorities.
Based on GameStop's timeline, the committee was formed earlier this year. Following the committee's formation, the company said it appointed a chief technology officer, hired executives to lead a customer care and e-commerce fulfillment, respectively, and announced the planned departure of Chief Financial Officer Jim Bell. Barron's reported at the time that Bell's departure was prompted by the company's desire to find an executive with a more technology-focused background.
Cohen and his colleague's pedigree competing with Amazon in the online pet-retail business could bode well for the company's future. But the stock has soared beyond even the most optimistic analyst expectations. The company still faces challenges to its physical disc businesses that have been accelerated by the pandemic.
Write to Connor Smith at connor.smith@barrons.com
? signed over a margin account, what's that mean?
I agree with you, I believe the DTCC is playing CYA, while forcing the HEDGE HOGS to buy back, yet, do they have the money to cover, that's if, maybe a big IF, they feel they need to?
Remember, we now have HEDGE HOGS eating HEDGE HOGS once it gets personal, money might not matter to these crazy ass HOGS
Kev, I use TD-A, they require 100% margin on AMC, you're trying to buy more shares, than you have money to buy. Back off amount, and you'll get a fill. GL
TT, IMO, the DTCC is way the hell to late, the HEDGE HOGS have been partying way to heavily while DTCC and SEC have been playing with themselves.
Why wasn't AMC trading more than a billion shares a wake up call?
Also, good to see you here!
CPB's CEO was real pissed last earnings report, he was on CNBC telling all that his guidance was bullish and the market isn't hearing him.
CPB had 13% short, no clue where those shares came from, Campbell family still owns a ton of shares, as do the toots.
IMO, shorts are covering (for a profit) today and will re-short after Wednesday's earnings. This is all BS that shouldn't happen, yet it does.
I believe that's a very valid fear, that's going to cause big ass government problems, IF, you are right
I'm still way behind (pun) in the posts, but I see that my brothers are pounding, smashing, and busting that ask up, Lord Have Mercy.
We'll let the Lord Have Mercy, but please don't do God's work, hurt these HEDGE HOGS, make them PRAY for GOD's LOVE AND MERCY
We are in battle, we will show no MERCY.
I'm way behind in posts, but here it is
https://sec.report/Document/0001047469-21-000518/
Do you mean, real shares or HEDGE HOGS IOU'S?
I'm pretty surprised to hear that they sold their shares, I had figured that they converted their shares so when we moon, they'll sell some on the trip up. I think it's a good thing for us little retailers that they reduced their holdings, while the carrying cost for the shorts shot up.
This is an interesting and fun stock to own, I'm getting my money's worth just playing with words.
Hope all have a good weekend, Little Howie, too.
Slim
Trey's apes will love it when this goes bananas!
E-E, when you are trading half the float on a slow day, what's two million shares? At least they were real shares that someone bought (when they banged the ask) instead of the HEDGE HOGS IOU'S.
You better be taking deep breaths while you watch HEDGE HOG EATING HEDGE HOG.
50,000 bid, damn-don't they know that they're eating their brothers?
Barron's shows the rates in Europe, they have negative rates over there, I'll bet Mr HEDGE HOG knows that, that 10.8% he's paying must sting, I bet it stinks a little every time one of us retailers bang the ask.
I'm selling covered calls, out of the money calls; but if they are called, I too, will be losing real money. Thank you Joe, what a liar.
I certainly didn't see him going to combustible engines. Now, he's starting war, yet then he gets cold feet because someone might get hurt that shouldn't. I think we are in more trouble with Old Joe at the wheel than the money we lost because he lied about Postal Vehicles.
I clearly hope I'm wrong.
That's just your friendly Hedge Hog shorting the by jesus out of what's left of WKHS.
Are you old enough to remember when people use to clap after the show, that might very well come back.
I'll stand and clap, not sure what others around me will do, but I've never cared what others did, so we'll see.
Thump, I sold out of the money puts (9's) and yup, I'm keeping mine.
Only problem with that, it's more fun to go bang a little ask. These shares are just showing up tomorrow, it's more fun to go chasing ask.
Patience is the name of the game.
We have to keep banging the ask, slow, easy and steady, mostly steady. Just bang the hell out of that ask, don't be cheap and try to under bid your brother, just step right up and bang the ask.
Neb, I'm telling you, the ask was red when I banged it. You say it's green now? What's that ask look like now?
Smashing the ask, good for you, that ask keeps moving around so, I'm not sure if I should just look at that ask, or bang it.
NY23, what does this mean?
The Short Sale Restriction circuit breaker is triggered when price drops 10% below previous day close price. SSR is directly enforced when triggered till end of next trading day.
Is it possible that you can drop a stock, to trigger it so no more shorting is allowed for the day? That doesn't seem possible.
That's great news, it's freedom for all the young teens of the world, AMC will survive and touchy feely will live forever.
I'm going to go bang some more ask of AMC, you with me Howie? You going to get your ask, too?
Snage, God, I love it, yes, its wild. $7.63 touched twice I had to grab some down here. Lets get it!
Man, you grabbed some ask, than banged it, Lord Have Mercy, down in the 7.63, that's dirty. The ask I banged, that cost me more. Did you clean up, or are you going back and bang that ask again?
No, if the HEDGE HOGS were liquidating, they would be buying AMC, that's not happening. The HEDGE HOGS are well, they are HOGS, they are taking it hard over at GME, while hoping that us retails guys are going to sell because this DRBOSSJERK says AMC is dropping.
It's all just good clean fun while we wait for the bars to open back up. AMC could show March Madness (or did Amazon buy up those rights, too)? joke guys!
IMO, HEDGE HOGS are closing this around 8, to many puts as well as calls outstanding, and way way to many IOU's outstanding. Little Howie doesn't like the high rate he's forced to pay.
Bang the ask, this is a long battle.
Man, I can only bang that ask just so much, I'll wait a while and see if I can bang that ask again, I'll let you know when I'm ready, ok?
Good job, did you bang the ask or did you bang the ask? Bang it some more until it hurts!
Cass, this is all guess work, no one really knows. Movie Houses were doing what they thought best for their shareholders during the Pandemic, they now have an idea of how that worked out, so will they continue streaming going forward? Who knows.
I do know, without Big Screens Openings, you don't hear about Movie Reviews and all the shebang that goes with new releases.
Folks are voting now with their money, I'm banging that ask today, but like Short Little Howie pointed out, I do have limited funds to bang that ask, but it's still fun, so come on, bang that ask with me!
Good thing they do Howie because there's about 50K contracts of puts that are going to be in the money, so either retail rolls them over, or they will get those shares put to them, currently the HEDGE HOGS are sending over IOU's, well, those IOU's are now costing them north of 9%, and while that's an annual rate, they are paid daily. Check your account, you'll see.
Just because someone has more money than you doesn't mean they have more patience than you, this is a waiting game, there's no time limit.
It's just that the cost of playing the game for the HEDGE HOGS is going up, folks here are listing the rate, so pay attention, sooner or later you'll learn.
Maybe even that dude that claims options expires mid day will even learn, but I doubt it, we'll see. Bye Howie
So does my wife, she normally gets her way. I just want to get the hell out of prison, I've done my time.
Stupid is as stupid does. 11:59, sheeeeeeeeet
Typically, the last day to trade an option is the third Friday of the expiration month, but the actual expiration time is not until the next day (Saturday). A public holder of an option usually must declare their notice to exercise by 5:00 p.m. on Friday.
Thanks Joe, good to know your word is strong!
Benzinga
Workhorse Lawyers Up In Mail Truck Contract Dispute With Postal Service
FreightWaves
Thu, March 4, 2021, 12:14 PM
Workhorse Group (NASDAQ: WKHS) expects a "prolonged process" to alter the U.S. Postal Service's decision to award next-generation mail truck business to defense contractor Oshkosh Truck Corp. (NYSE: OSK).
The Loveland, Ohio-based Workhorse was stunned last week when the Postal Service awarded a 10-year contract initially worth $482 million to the Wisconsin company. Oshkosh makes military vehicles, fire trucks and ambulances.
The Next Generation Delivery Vehicle (NGDV) business came down to three finalists. Workhorse offered the only battery-electric powered vehicle (EV). That was consistent with President Joe Biden's executive order to make all 645,000 federal fleet vehicles zero-emissions EVs.
Investors had bid up Workhorse shares to record levels. They expected it would get at least a piece of the multibillion-dollar contract. When that didn't happen, Workhorse shares lost 50% of their value in two days. Analysts, in turn, cut their target prices.
New Truck Talk on Friday. Subscribe here.
"While we were not modeling success in the USPS [competition], we had anticipated Workhorse would play a role in the contract, especially given the administration's stance around government fleets being zero emission," Cowen analyst Jeffrey Osborne wrote on Monday after Workhorse's Q4 earnings call.
Hiring lawyers and consultants
After a meeting with the Postal Service on Wednesday, Workhorse said it will "follow the proper due course procedures as defined by the USPS and will also look to other options available to us," Workhorse CEO Duane Hughes said in a press release Thursday.
"In the interim, we have retained the services of leading legal and corporate advisory firms, including Akin Gump Straus Hauer & Feld LLP and Mound Cotton Wollan & Greengrass LLP, to identify our options and pursue them effectively," he said.
Workhorse shares traded at $13.76, down 7.77% at 10:28 a.m. Thursday. The meme stock frenzy briefly pushed Workhorse shares above $42 a few weeks ago.
"With the loss of the extremely lucrative USPS NGDV contract, Workhorse lost its single-biggest chance to gain scale in the EV market," short seller Phillip Martinelli wrote Monday on the investor site Seeking Alpha.