Hey Nerds: Blockchain
- Thread starter zeke
- Start date
LeafOfFaith
Well-known member
Now that we're on the 1000th page of this thread, I really think it's maybe time we started talking about blockchain.
LeafOfFaith
Well-known member
Tesla Is Down. GM and Ford Are Up. How Interest Rates Play With Stocks. — Barron’s
The reasons have to do with new capital, free cash flow, and pension fund obligations.
apple.news
Higher interest rates hurt growth stocks more than others for two reasons. First, high-growth companies typically need new capital to finance growth, and higher interest rates makes that more expensive. Second, higher-growth companies generate most of their free cash flow far in the future, which is worth less--relatively speaking--than cash generated right now by more mature companies.
G-Dub
Well-known member
I would suggest that xClown needs therapy and should be investing in that instead of the stock market. He seems to be incredibly upset that stocks tend to go up and people make money from it sometimes. Not a very healthy outlook IMO. I'm literally sailing around on my private yacht printing money while he has daily meltdowns over lines and numbers on a computer screen. Sad!
Preston
MBow30 alt account
I didn't want to say this earlier because I hate disappointing ch1 but I dumped the rest of my VFF on earnings day. After I dug into them I immediately wanted out. Seems like analysts pretty much all disagree so I'm probably missing something and/or don't really understand their longer term upside. For that reason, I'm out.
I did well considering my entry was in the 11s and I sold some at 20+ and more at 19 so it wasn't a failure by any stretch! I didn't have much left.
And if the market recovers I expect them to be one of the biggest gainers. But I don't see the path for them like I do for everything else I hold which I fully acknowledge is my own issue... Some very smart people disagree strongly so odds are I'm simply missing something. Emotional capital things. I'd rather hold something I believe in as it gets wrecked (if xtrends is right).
I did well considering my entry was in the 11s and I sold some at 20+ and more at 19 so it wasn't a failure by any stretch! I didn't have much left.
And if the market recovers I expect them to be one of the biggest gainers. But I don't see the path for them like I do for everything else I hold which I fully acknowledge is my own issue... Some very smart people disagree strongly so odds are I'm simply missing something. Emotional capital things. I'd rather hold something I believe in as it gets wrecked (if xtrends is right).
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Preston
MBow30 alt account
Yeah you got in at a fucking amazing time. I think my initial entry was at like 70-80% after yours and I still did amazing so you obviously crushed it. Was a great play. And as I said, I don't think I'm that smart. I am likely missing something with them. I don't fully understand the story and obviously haven't dug into them as much as some others.
But I hope they blast off hundreds of percent from here in the coming months because that means bull season is back on!
LeafOfFaith
Well-known member
That is worthy of this thousandth page. Bravo.
Preston
MBow30 alt account
Thumb finally released their earnings on sedar and the one piece that was missing is a beautiful one. In Q3 they had $10.81m operational cash flow (which was partially due to them being able to defer taxes in Q1/Q2 due to covid so it was a touch understated as they had to pay up in Q3). Q4? $24.86m; at that pace they're generating $100m in cash annually from operations. Only Trulieve compares there. By all accounts operational cash flow improves by 2-5x if they remove the 280e from the tax code. Some whispers that it may have been included in SAFE but no cigar for now.
TLDR: Big Ben said he expects CapEx to higher than the 110-120m in 2020. Even if we assume 200 milly, we can expect that at least 100m is covered by OCF. $230m cash in the bank with a modest amount debt at ~$98m. May not need more cash this year after all.
TLDR: Big Ben said he expects CapEx to higher than the 110-120m in 2020. Even if we assume 200 milly, we can expect that at least 100m is covered by OCF. $230m cash in the bank with a modest amount debt at ~$98m. May not need more cash this year after all.
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