SVTP stock pick thread.

Tootsie Roll gains 6% as short squeeze action outruns underlying valuation
Jan. 29, 2021 8:15 AM ETTootsie Roll Industries, Inc. (TR)By: Clark Schultz, SA News Editor

• Shares of Tootsie Roll (NYSE:TR) are up 5.72% in premarket action to $41.00 as the volatile trading in the highly-shorted stock continues.
• Tootsie Roll is up 30.57% YTD and 17.10% over the last 52 weeks as shorts have yet to see the downside destruction they have been betting on for an extended period of time.
• Seeking Alpha author Patrick Doyle say he likes Tootsie Roll's wonderful business and sustainable dividend, but leaves some pretty clear advice for shareholders.
• "I think Tootsie Roll is too expensive at $43 per share. For that reason, I’ll be selling my shares. Just because I don’t think there’s value at $43 doesn't mean there’s no value here. I’d be happy to buy back in at $26, and the options market thankfully offers me the opportunity to potentially do just that," he writes.

lOOKnGO said:

So you bought in for $100.......good!

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$1000

honestly it’s log term. They say Doge IF it goes to $1 it’ll be later this year

What are you guys still thinking of AMC??

CompOrange04GT said:

$1000

honestly it’s log term. They say Doge IF it goes to $1 it’ll be later this year

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I bought 2000 shares a few weeks ago at .0139 or so.
Hoping it hits the $1

98 svt said:

I bought 2000 shares a few weeks ago at .0139 or so.
Hoping it hits the $1

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I wish. I’m in at .04

CompOrange04GT said:

What are you guys still thinking of AMC??

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Was considering it but I am going with more GME at the dip today, will see how it pans out.

How high can NAKD and BB go?

98 svt said:

How high can NAKD and BB go?

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Im going long term on NAKD.
I see $10 in a few years.

General Motors a clear pick over Ford at Morgan Stanley
Jan. 29, 2021 8:55 AM ETGeneral Motors Company (GM)By: Clark Schultz, SA News Editor18 Comments

• Morgan Stanley prefers General Motors (NYSE:GM) to Ford (NYSE:F) even as it says the market may be ascribing zero or even negative value for ICE-derived revenues at the two Detroit automakers, while also undervaluing the electric vehicle opportunity.
• The firm keeps an Overweight rating on GM, while dropping Ford to an Underweight rating from Equal Weight with its sum-of-the-parts value far less.
• Analyst Adam Jonas explains in detail: "Our revised DCF and SOTP composition through the 2030 horizon factors in greater caution on our ICE forecasts for both companies, while increasing the value of the EV and AV-related businesses for each. For GM, the offset of the negative ICE adjustments and positive EV adjustments drives an increase in our price target to $80, suggesting over 50% upside. For Ford, our adjustments are substantially offsetting. This, combined with the recent run-up in the stock (which has kept pace with GM YTD) offers more than 20% downside to our price target."
• Ford is down 1.68% in premarket action. GM is up 0.20% premarket to cap off a very strong week off more electrification buzz.

PRTY

CompOrange04GT said:

**** it.. I now have 20k shares of Doge

why tf not

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What service did you use to buy it?

Stanley said:

What service did you use to buy it?

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I have purchased it on Kraken

Crazy stuff, hats off to the guys making money off all the crazy moves.

Stock market plunge accelerates with more tech selling
Jan. 29, 2021 1:12 PM ETS&P 500 Index (SP500)By: Kim Khan, SA News Editor3 Comments

• The major averages are tumbling to their lows of the day, with the S&P 500 (SP500) -2.1%, Nasdaq (COMP) -2.3% and Dow (DJI) -2.1% are all down more than 2%.
• The selling pressure is coming down hard on the Big 6 megacaps, with Apple and Tesla off more than 4%.
• The squeeze stocks are back rallying and there is chatter (although no evidence) that the resumption of the upward trajectory in those names is adding more caution to the broader market and that some institutions are selling positions to cover shorts.
• GameStop is up another 70% and the Reddit action is spread to other shorted consumer stocks.
• The Treasury selloff has stalled as equity selling gained steam. The 10-year yield is at 1.07%, down from 1.09% earlier.
• All 11 S&P sectors are down, with Energy (NYSEARCA:XLE), which usually sees outsize moves, the biggest decliner, followed by Info Tech (NYSEARCA:XLK), where semi equipment stocks are also a drag.
• Utilities (NYSEARCA:XLU) and Real Estate (NYSEARCA:XLRE) are down the least.
• Healthcare (NYSEARCA:XLV) stocks are volatile with J&J down on its vaccine efficacy data, but rivals are popping higher.

Stanley said:

What service did you use to buy it?

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honesrly ? RH because Kraken wouldn’t verify shit and coin base doesn’t support it

and I didn’t want to miss out on getting in... I’m sure it’ll keep dropping ... but I got in while it was still “ cheap “ at 4 cents.

I wish I smart enough to get in at half a cent

Robinhood's GameStop buy limit now down to 1; more stocks limited (update)
Jan. 29, 2021 2:07 PM ETGameStop Corp. (GME)By: Kim Khan, SA News Editor37 Comments

• Update 2:21 p.m. ET: Since the story was first posted, the Robinhood limit on GameStop is now down to 1.
• Among new limits on other stocks: AMC 10 shares, (NASDAQ:AAL) 5, (NASDAQ:AMD) 1, (NYSE:BB) 5, (NASDAQ:BBBY) 2, (NASDAQ:KOSS) 1, (NASDAQ:MRNA) 1, (NYSE:NOK) 20, (NASDAQ:WKHS) 3
• #####
• Robinhood (RBNHD) has further limited the amount of GameStop (NYSE:GME) customers can add to their accounts.
• Investors can now only add 2 shares via the platform, down from 5 at the start of the day.
• Customers are venting their displeasure on Twitter.
• Many received an alert saying: "This order will exceed the maximum allowed GME shares you can hold at this time. You currently have 5 shares purchased or pending - including this order - which exceeds the limit of 2 shares."
• Other stocks have also had their allowance cut. AMC (NYSE:AMC) is down to 25 from 115 and Koss (KOSS) is down to 10 from 25.
• GME is up about 50%, paring gains in afternoon trading, but enthusiasm is spreading to other consumer names.

Im still in it 100+ shares

Saleen498 said:

Zacks Small Cap Research - NOVN: B-SIMPLE4: 90% Enrollment

I know I mentioned this company before, but today they met Nasdaq compliance by closing over $1 for the last 10 days. I dont see any reason why this wont spike over $10 easy by summer.

and 马云没有自杀

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+

IZEA has backslid to $4.74 this week... I hope it goes back up

Wanted to sell it at $6 but it tanked on my way home from work and I sold at a little over $5.

Phunware jumps 30% postmarket on heavy volume
Jan. 29, 2021 4:48 PM ETPhunware, Inc. (PHUN)By: Jason Aycock, SA News Editor1 Comment

• In a not-quite-over week for unusual market movements, mobile device platform provider Phunware (NASDAQ:PHUN) is the latest to make a run, now up 29.8% after hours.
• Postmarket share volume is 15.7M and counting; that's nearly double its typical full-day regular-session volume.
• The stock had already risen 27% today.
• Short interest as of Jan. 15 had run to 7.4% of the float.

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