Jump to content

Wally Fairway

Legacy Members
  • Posts

    6720
  • Joined

  • Last visited

Posts posted by Wally Fairway

  1. 20 minutes ago, PenelopeWitherspoon said:

    Ok, I am in on ALT at 7.16 a share, but only 60 shares.  :(

    I should have put in an additional 5k when it was at 10, but with my luck, ir would have tanked.  :(

    #stonk lesson - look at options; ALT is one of the stonk plays mentioned in this thread that has a chain of options. I went that route, instead of buying shares, and I have about 5x "shares" that I would have had if I bought stock. Sure there is more risk, but this one has played out nicely so far

  2. 49 minutes ago, NateHitch said:

    UAVS moving. Rumored partnership with Amazon. Drones will be big soon

    Wasn't that the rumor last time there was a run-up, only to find out the announcement was the CEO stepping down.
    I'm not really sure what the Amazon application of fixed wing drones is going to be, but then I remember once thinking Amazon was an online bookstore - so what do I know???

    ALT showing that my $135 comment might be the target once it blows past @Harrison Stafford $35 price reference - next stop....bang, zoom to the Moon

    On a lighter note....."Bang....Zoom...." - Thee RANT

  3. 16 minutes ago, Anastasis said:

    Can I tell you more about the SPY puts that I am riding into the side of the mountain right now because I am too stubborn to take the loss. 

    Don't tell me what I already know!!!! (although I am still holding my 6/18/21 SPY calls that were made in a moment of anger at the Brrrrrrr machine, and to teach my puts that they can easily be replaced if they don't start to act right....it is much like carrying a second putter in my bag to scare my regular putter....yes I can be a head case on the course as well)

    • Like 1
  4. A #Stonx Tale

    https://www.nytimes.com/2020/07/08/technology/robinhood-risky-trading.html

    Quote

    After funding his account with $15,000 in credit card advances, he began spending more time on the app.

    As he repeatedly lost money, Mr. Dobatse took out two $30,000 home equity loans so he could buy and sell more speculative stocks and options, hoping to pay off his debts. His account value shot above $1 million this year — but almost all of that recently disappeared. This week, his balance was $6,956.

    Wally's rules:
    #1 - there are no rules
    #2 - don't get emotionally attached to winners or losers, take some small loses before you lose the entire investment
    #246 - when something is running up, take out at least your initial investment, case-in-point about 12% of my holdings in ALT and covered all of my initial investment

  5. 23 minutes ago, RDCanecutter said:

    He said a clogged pen problem had turned him off of drawing. Sounds like he used Rapidographs or Staedtlers or some other torture device that'll make you hate life.

    I bet he'd rock with a felt-tip marker, but he probably can't find one with all the royalty money scattered everywhere.

    I know I left that pen in here somewhere

    Swimming In Money GIF - Swim Swimming Dough - Discover & Share ...

     

    • Like 1
  6. The way ALT is running, look for it to drop at the open tomorrow - like it did today, some people will want to realize profits so that will be your chance to pick some stock or options up again.
    This advice is void if there is new/press release/etc before the market opens; past performance does not guarantee future results, trades in financial instruments may result in incurring taxes, no representation in this thread is made that you are likely to achieve profits, in all likelihood you will incur losses, objects in the mirror may be close than they appear.

  7. 7 hours ago, Captainant said:

    Just thinking forwards though guys... There's tens of millions of Americans getting an extra $600/mo in unemployment benefits that ends sometime in July. That's alot of fluid capital to dry up, and I can't imagine it's going to do good things for REITs and MBS's to look so good come August/September. Especially with it looking like we're going to have to continue to social distance at least to August.

    Betting against JPow and his brrrrrrrr machine is like putting your chips on 0 & 00 on the roulette table. Good luck timing that right!

  8. On 7/5/2020 at 3:37 PM, NeverMarryAStripper said:

    I banged a professional ballet dancer for a while. it was pretty much exactly like that. Well, except for the fact that she like to have another woman involved in the stretching too.

    Yeah, right - professional ballet dancer on a pole. 
    Amirite (c'mon we are all thinking it)

  9. On 7/6/2020 at 12:46 PM, StruggleBus said:

    Tiger typically doesn't play shit tournaments. I haven't checked but I assume he'll be there for the Memorial. 

    That is becuause it is impossible to Tiger to play a shit tournament; if TW is in the field it is by definition not a shitty event

  10. UAVS jumped almost $.50 (40%) at open - anyone still in this one?

    New CEO sent out a letter to shareholders
     

    Quote
    July 07, 2020 08:30 ET | Source: AgEagle Aerial Systems, Inc.
     
     

    NEODESHA, Kan., July 07, 2020 (GLOBE NEWSWIRE) -- J. Michael Drozd, new Chief Executive Officer of AgEagle Aerial Systems Inc. (NYSE American: UAVS), an industry leading provider of unmanned aerial vehicles and advanced aerial imagery, data collection and analytics solutions, today issued a letter to the Company’s shareholders commenting on the Company’s vision, defined growth strategy and key developments which have occurred since he assumed the helm of AgEagle on May 18, 2020. Drozd stated:

    “I’d like to begin by sharing how pleased and privileged I am to have been selected by the Board to help lead AgEagle through its next critical phase of innovation and evolution. Since my first day on the job, I have immersed myself in meeting with our talented team; fully understanding the depth and capabilities of our software development and manufacturing operations; carefully evaluating our core strengths and many market opportunities; and attaining meaningful clarity into the dynamic, high growth company we are actively engaged in building. This has been and will undoubtedly remain an exciting and ongoing process. 

    “After an extensive evaluation process, I firmly believe that AgEagle has what it takes to become one of the leading, most trusted commercial drone technology, services and solutions providers globally.  To achieve that aim, we are committing to a highly focused growth strategy centered on three primary industry sectors:

    • U.S.-based drone hardware and subcomponent design, manufacturing, assembling and testing;
    • Drone package delivery services; and
    • Hemp cultivation registration, oversight, compliance, reporting and data analytics software solutions for government and commercial customers.

    Drone Hardware and Drone Delivery

    “With a goal of materially increasing our manufacturing capacity and proficiencies, AgEagle has finalized its decision to expand our drone-related operations to Wichita, Kansas. With that goal in view, we have been working in close collaboration with a Wichita-based commercial real estate firm to identify properties that will best suit our current manufacturing, assembly, testing and office space requirements, while also providing ample space to allow for planned expansion as our Company grows. In this regard, we have narrowed down our list of possible properties and expect to make a final decision within the next couple of weeks.  Once that decision is made, we will announce all of the relevant details about our new Wichita home and the anticipated official date of our move. 

    “Additionally, we have been actively pursuing opportunities to manufacture and assemble drone-related hardware and subcomponents for a wide range of other prospective new customers – companies which value the fact that we are a U.S.-based manufacturer and their products will be ‘Made in America.’

    “In the foreseeable future, we believe being an American drone manufacturer with proven engineering expertise will go a long way in winning new business opportunities, particularly with those customers which may be reluctant to rely on Chinese manufacturers due to the much touted supply chain challenges and perceived national security risks that have been the subject of prevailing media attention over the past several months. Based on advanced discussions with several prospective new customers, the outlook for our drone manufacturing business appears very promising.

    “Given the projected growth of the drone package delivery market, which is forecasted to reach $27.4 billion by 2030 according to research firm MarketsandMarkets, we have determined that our long-term growth strategy must provide for additional opportunities in this high growth market. Our approach to continuing to successfully penetrate this market will require that we proceed with measured, well-calculated steps to ensure that the path we forge is smart, revenue-driven and financially disciplined.  We intend to evaluate and pursue select projects and investments that will permit AgEagle to properly assess inherent risks and rewards before we make significant commitments of growth capital to this focused strategy. As our efforts in this sector begin to take shape and gain greater traction, we look forward to providing much greater detail on anticipated milestones and our forward-moving progress.

    Hemp Software Solutions

    “With HempOverview’s registration module now operational in the State of Florida, we have been actively pursuing talks with other state and tribal departments of agriculture across the country in hopes of expanding the number of customers on the platform.  In addition, as part of our key growth objectives, we’ve committed to bringing additional states onboard, along with enhancing our footprint within the State of Florida. In fact as many states begin to open up as a result of COVID-19 shutdowns, we are already advancing discussions with them and hope to have good news to share about new wins in the near term.

    “We have also initiated talks with other key stakeholders in the hemp industry which can benefit from AgEagle’s agricultural software development expertise and experience. These include large genetics/seed companies, processors, hemp testing labs and large commercial farming co-ops. In time, we look forward to forming numerous meaningful research and revenue-generating relationships that will help to further establish AgEagle as the hemp industry’s preferred, trusted source for best-in-class technology solutions. We believe much more will follow on this front in the coming months. 

    Corporate Update

    “Thanks to the efforts of AgEagle’s Chief Financial Officer, Nicole Fernandez-McGovern, who has spearheaded the negotiation and closing of recent large institutional financing rounds, our balance sheet has never been stronger. With nearly $13 million in cash, we now have the ability to respond quickly to opportunities that are well aligned with our underpinning strategic growth objectives.

    “In closing, I’d like to make an important observation known. Over the past six weeks, it has been amazing to see how quickly members of our talented team, including our supportive board of directors, employees and strategic business partners, have all come together and formed  a cohesive force. We are focused, committed to excellence in all that we do, and dedicated to the success of AgEagle. Now that we have arrived at the dawning of ‘The Drone Age,’ much work must be done to ensure that our Company effectively claims our leadership stake and sets the standards by which all others must ascend to if they are to compete with us. Without question, we have the right team to make that happen and I am delighted to be among them.”

    About AgEagle Aerial Systems Inc.

    Founded in 2010 and based in Kansas, AgEagle has earned distinction as one of the industry’s leading pioneers of technologically advanced drones and aerial imagery-based data collection and analytics solutions. We are trusted to help the world’s growers, consumer packaged goods companies and their supply chain partners, to proactively assess and manage the health of commercial crops, reduce the chemicals in produced foods and products and preserve and protect natural resources. In addition, we are at the leading edge of providing state and territorial departments of agriculture, growers and processors with registration, oversight, compliance/enforcement, and reporting solutions relating to the United States’ emerging hemp cultivation industry. In late 2019, we began pursuing expansion opportunities within the emerging Drone Logistics and Transportation market with the manufacture and assembly of UAVs designed to meet specifications for drones that are meant to carry packaged goods in urban and suburban areas. For more information, please visit www.ageagle.com.

     

    • Like 1
  11. 4 hours ago, Anastasis said:

    LOL financial analysis.  This is fantasy land, get math the fuck out of here. 

    Funniest story of the day - JPMorgan raised their price target on Tesla today from $275 to all the way up to $295; nevermind that TSLA is trading around $1,400 (after hours)
    who in the fuck would listen to THAT anal-ist???

     

    https://www.marketwatch.com/story/teslas-stock-soars-toward-record-as-wall-streets-biggest-bear-raises-price-target-2020-07-06?mod=home-page

    • Like 1
  12. 3 hours ago, Bama Llama said:

      What does it take, front end loaders full of bodies?

    Clearly the answer is yes - but are there any front end loaders even available - 2.7 million cases, 130,000 deaths (okay it will be tomorrow before those round numbers are hit) and still we are discussing this
    And there is public debates about wearing masks, social distancing, isolation; all things that can slow the trend. But I do think that treatment has been improved and a lower % of cases will lead to death.

×
×
  • Create New...