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17 hours ago, NucksPatsFan said:

Excited about Palantir earnings tomorrow. Been holding my 9.39 ipo shares. Trimmed a little at 16.40 today and plan on taking out the rest of my initial shares tomorrow so I can have completely house money shares just appreciate over the next few years. This should be a $50 stock by 2023

I don't often feel smart (LOL) but trimming at 16.4 and trimming the rest at 16.2 this morning turned out to be a great move. 

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6 hours ago, skolozsy2 said:

Did you make the entry?  They've had a nice bounce back the last few days.

I did but sold to buy some DKNG. I got 100 shares into tomorrow. I have another 200 shares ready to buy if it tanks..

 

I've never looked at the earnings as a win/win.. I would be just as excited to average down to a great number if she tanks.

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Wow NIO continues to rise.... I also sold some of my DraftKing to free up cash. I was basically 100% equity so I figured I'd use the DFKG profits to free up some cash/flexibility.

 

Edit: NIO proceeded to plummet after this post, I sold half at $47, when I made this post it was $52 :(. Can't be made at profit though

Edited by I.Am.Ironman
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On 11/11/2020 at 9:56 AM, CBH1926 said:

Yeah, my oil exposure is very small tbh and if it goes down I have no problem selling it.

I got out of MSFT and into IBM and CSCO, just because they are so beaten down.

Great call on CSCO. You have to be smiling this morning. Interesting choices but I will stick with MSFT because of their deep pockets and diversification. Same with GOOGL and AMZN. I guess you can’t own them all. I did buy some HOM.UN yesterday. Also added to ENB. Will sit tight for now. 

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18 minutes ago, Boudrias said:

Great call on CSCO. You have to be smiling this morning. Interesting choices but I will stick with MSFT because of their deep pockets and diversification. Same with GOOGL and AMZN. I guess you can’t own them all. I did buy some HOM.UN yesterday. Also added to ENB. Will sit tight for now. 

This is the problem I am having. Last week I added to my USA financial exposure as well.. I chose Prudential and Citibank

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1 hour ago, Boudrias said:

Great call on CSCO. You have to be smiling this morning. Interesting choices but I will stick with MSFT because of their deep pockets and diversification. Same with GOOGL and AMZN. I guess you can’t own them all. I did buy some HOM.UN yesterday. Also added to ENB. Will sit tight for now. 

For sure you stay with MSFT, AMZN and Google, AAPL is probably on that list that as well.

I definitely agree with not being able to have them all due to money constraints.

I took some nice profit with MSFT but I will definitely be back into it again.

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43 minutes ago, I.Am.Ironman said:

This is the problem I am having. Last week I added to my USA financial exposure as well.. I chose Prudential and Citibank

I am sitting at about 25% USD right now. With what I considered unfounded strength in the CND a person could have bought more USD's. That said I have a large number of my CDN stocks paying their divs in USD. It is my USA side that is giving me my returns to date except for BIPC and BEPC which have been huge. I actually sold some of my BIPC and the $ value was made up in less than 2 weeks. Fantastic play and now BAM is spinning off an insurance company. Flatt acts more like Warren every year.  

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https://investorplace.com/2020/11/the-very-good-food-company-is-a-10x-stock-in-the-making/?mod=mw_quote_news

Spoiler

The Very Good Food Company Is a 10X Stock in the Making

VRYYF stock is about to go from small to big-time

By Luke Lango, InvestorPlace Markets Analyst Nov 12, 2020, 4:28 pm EST

As a hypergrowth investor, I spend a large portion of my time analyzing emerging small-cap stocks that could turn into the “next big thing.” I’m constantly searching for big 10X winners and the next Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), and Facebook (NASDAQ:FB).

"Vegan" spelled in vegetables against wooden backdrop.
Source: Shutterstock

Indeed, I’ve found more than a few 10X winners. Like Advanced Micro Devices (NASDAQ:AMD) back in 2015 when it was a penny stock, or Chegg (NASDAQ:CHGG) back in 2016 when it was below $5. Or Shopify (NYSE:SHOP) and Square (NYSE:SQ) in 2017 when those stocks were below $100 and $20, respectively, or Nio (NYSE:NIO) and Tesla (NASDAQ:TSLA) in 2019.

Right now, I think I’ve found my next big 10X winner: a tiny vegan meat company by the name of the Very Good Food Company (OTCMKTS:VRYYF).

I alerted my Daily 10X Stock Report subscribers about VRYYF stock back in early October. Since then, VRYYF stock has soared as much as 250%.

Sure, that’s a fantastic return in less than a month. But I think this rally in VRYYF stock is just getting started — and that long-term, this stock is going to rally by more than 1,000% (to learn about more potential 1,000% winners, click here).

Here’s why.

A Plant-Forward Future

I used to be like a lot of you; reading headline after headline about the rise of veganism … and I’d laugh. I’m a big meat-eater. I enjoy steak dinners and fast food burgers. Which meant I couldn’t see past my own biases to envision a meat-free future. That is, until I saw the potential in the vegan megatrend.

In the past year, dozens of my close friends have gone vegan. Star athletes and celebrities — like NBA superstar Kyrie Irving and Tennis legend Venus Williams – have taken the vegan plunge. Pretty much every fast food chain has rolled out some type of vegan burger or chicken sandwich. Heck, I’ve even taken the plunge to trying plant-based meats myself.

Not for the health benefits. Rather, because I’m interested in saving the environment (cows produce a lot of greenhouse gases) and improving animal welfare (my dog has made me a sucker for all things on four legs). For the record, lots of consumers are making the plant meats pivot for the same reasons — the health stuff is tangential.

In any event, guess what I discovered after I made the plunge?

Plant meat is pretty good.

Of course, I still eat my burgers. I still have steak dinners. But now, I mix in the occasional plant-based meat (maybe a few times per week). The same can be said of young consumers. About 80% of Generation Z consumers go meatless once or twice a week. Some are doing it for health benefits. Some are doing it for environmental purposes. Others are doing it with animal welfare in mind.

And that’s the point. Plant meat’s benefits are so wide ranging that it is attracting an increasingly wide net of young consumers.

These young consumers represent the future driving force of the U.S. economy. So, their “hybrid” model of vegan and animal meat consumption is the future of eating. It’s a future wherein vegan meat — which today is very niche at sub-1% penetration — could one day easily comprise ~20% of total meat consumption.

The investment implication here is clear.

It’s time to buy vegan stocks, before young consumers spark a global explosion in the vegan meat market throughout the 2020s. And the best vegan stock to buy today is VRYYF stock.

 

Meet The Very Good Food Company

With a market capitalization of just $260 million, Very Good Food Co. is relatively unknown. The Canadian vegan meat-maker started out in early 2016 with a chef selling his own plant-based meats at a local farmer’s market in British Columbia. His products were a major hit, and by early 2017, that chef teamed up with a business executive. And thus, The Very Good Butchers brand was born. Its unofficial slogan became “we butcher beans, not animals”.

Now, Very Good Food is a vertically integrated vegan meats producer with arguably the market’s best branded vegan burgers, sausages and more. On the company’s online shop, the burger has a 4.5-star rating (73% 5-star ratings), while the taco stuffer has a 5-star rating. Across all the reviews, it’s clear that VRYYF has arguably the best products in the vegan meat world.

In other words, The Very Good Food Company is built on rock-solid fundamentals, which imply that this company could turn into a major player in the booming vegan meats market — something like the next Beyond Meat (NASDAQ:BYND).

Yet, the company is worth just $260 million today. Beyond Meat is worth more than $10 billion. This difference, while huge, is on the cusp of rapidly closing, and VRYYF stock is on the verge of an enormous breakout.

A Big Breakout Is Imminent

Investors should buy Very Good Food Company’s stock for one simple reason — a big breakout in VRYYF stock is imminent.

The catalyst behind this breakout is increasing supply. Despite the increasing demand (sales are up 226% in 2020), Very Good Food still operates in a tiny 4,000 square-foot production facility in Victoria, Canada. The supply constraints that have held the company back are about to be fixed, however, as Very Good Food Co. has leveraged its growth to raise a bunch of capital. Capital that the company is committing toward the opening up of two new production facilities: a 10,000 square foot facility in Vancouver and a 25,000 square foot facility in California.

In Vancouver, this facility will help the company meet robust demand on the west coast of Canada.

In California, Very Good Food Co. will be able to expand in the U.S. for the first time.

This will lay the groundwork for Very Good Food Co. to go from small-scale to Beyond Meat levels of success.

Huge Long-Term Upside Potential

VRYYF stock has enormous long-term upside potential.

Conservatively, I think this company can grow to $1 billion in sales and $50 million in net profits in the long run. A 20X earnings multiple on that implies a potential future valuation for the company of $1 billion.

That implies about 4X upside potential in VRYYF stock.

But, I also think that if a few things go right, this company could be looking at $5+ billion in sales and $500+ million in net profits in the long run. The same math yields a future valuation of $10+ billion, implying almost 40X upside potential.

Big picture: The Very Good Food Company appears to be on the cusp of huge North American expansion which, if executed correctly, will send VRYYF stock up several hundred — if not several thousand — percent.

Bottom Line on Very Good Food Co. Stock

10X winners are tough to find in the market. There simply aren’t that many of them. But VRYYF stock could end up being one of those elusive 10X winners, meaning this stock should — at the very least — be on your buy radar today.

 

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1 minute ago, skolozsy2 said:

Yowza!   NIO was absolutely used and abused this glorious Friday.  Sure glad I didn't buy in over $50 like some unlucky souls may have 

I bought nio when it was under $5 bucks. 
I just didn’t trust the Chinese enough ever since Luckin coffee fiasco to hold onto it this long.

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15 minutes ago, skolozsy2 said:

Yowza!   NIO was absolutely used and abused this glorious Friday.  Sure glad I didn't buy in over $50 like some unlucky souls may have 

Don't invest in Chinese crap. Same goes for XPEV, LI, NIU, CBAT .............

 

Chinese President Xi personally halted $37bn Ant IPO: Report

Ant Group’s $37bn IPO was put on ice shortly after its billionaire co-founder Jack Ma made a speech at odds with the Chinese Communist Party’s handling of the economy.

 

China’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37bn initial public offering, the Wall Street Journal reported on Thursday, citing Chinese officials with the knowledge of the matter.

 

The decision to stop what would have been the world’s largest-ever IPO came days after the financial-tech giant’s billionaire founder Jack Ma launched a public attack on the country’s financial watchdogs and banks.

 

President Xi ordered Chinese regulators to investigate and effectively shut down Ant’s stock market flotation, the report said.

 

Ant Group did not immediately respond to Reuters request for comment. The Information Office of the State Council, China’s cabinet, could not be reached immediately for comment.

 

Ma had told a summit in Shanghai on October 24 that the regulatory system was stifling innovation and must be reformed to fuel growth. Earlier this month, Reuters reported the speech set off a chain of events that torpedoed the listing of Ant.

 

Soon after Ma’s scathing speech, state regulators started compiling reports including one on how Ant had used digital financial products like Huabei, a virtual credit card service, to encourage poor and young people to build up debt.

 

The general office of the State Council compiled a report on public sentiment about Ma’s speech and submitted it to senior leaders including President Xi, Reuters had reported.

 

Edited by nuckin_futz
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2 hours ago, nuckin_futz said:

Don't invest in Chinese crap. Same goes for XPEV, LI, NIU, CBAT .............

 

Chinese President Xi personally halted $37bn Ant IPO: Report

 

Basically confirms what most had figured happened with ANT IPO. I still like NIO though - they are back by the CCP so at least they have a leg up on other competition. Though I have to admit, as a Tesla shareholder I don't love the idea of them building a gigafactory there.

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7 hours ago, nuckin_futz said:

Don't invest in Chinese crap. Same goes for XPEV, LI, NIU, CBAT .............

 

Chinese President Xi personally halted $37bn Ant IPO: Report

Ant Group’s $37bn IPO was put on ice shortly after its billionaire co-founder Jack Ma made a speech at odds with the Chinese Communist Party’s handling of the economy.

 

China’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37bn initial public offering, the Wall Street Journal reported on Thursday, citing Chinese officials with the knowledge of the matter.

 

The decision to stop what would have been the world’s largest-ever IPO came days after the financial-tech giant’s billionaire founder Jack Ma launched a public attack on the country’s financial watchdogs and banks.

 

President Xi ordered Chinese regulators to investigate and effectively shut down Ant’s stock market flotation, the report said.

 

Ant Group did not immediately respond to Reuters request for comment. The Information Office of the State Council, China’s cabinet, could not be reached immediately for comment.

 

Ma had told a summit in Shanghai on October 24 that the regulatory system was stifling innovation and must be reformed to fuel growth. Earlier this month, Reuters reported the speech set off a chain of events that torpedoed the listing of Ant.

 

Soon after Ma’s scathing speech, state regulators started compiling reports including one on how Ant had used digital financial products like Huabei, a virtual credit card service, to encourage poor and young people to build up debt.

 

The general office of the State Council compiled a report on public sentiment about Ma’s speech and submitted it to senior leaders including President Xi, Reuters had reported.

 

When one party controls the country no way to trust the numbers.

I made money with BABA and bought NIO under $5.00 but I don’t trust China.

I did get hosed by Luckin coffee though.

 

Edited by CBH1926
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