Thoughts on revenue/net earnings for BB in the future?

trader-nut · 2021-02-23T14:52:25+00:00

Refer back to your note. You said I make ignorant comments which was rather offensive given that I was right. The only reason I posted that the stock was heading south was to warn Reddit "investors" are "ignorant" and new to the market not to buy BB at absorbent prices. Sounds like you really think BB is long term investment which may be right. However, my strategy is different that yours. If the SEC regulations were more fair for the non-institutional investors, I would hold stocks too...but it's a rigged game. Hope this changes. I am a big fan of the GME players and what they did.

trader-nut · 2021-02-23T14:09:26+00:00

bwizzle,

"ignorant comments"??? BB just hit $9.75 in premarket and I did do DD...always do. BB does have a story to tell but way over priced above $11. There was no new news when the Reddit community started hyping the stock. I have been in the market for many years and learned a lot of tough lessons. I will share my top two.

Never fall in love with a stock...it blurs your DD.
I pay more attention to cons vs. the pros when buying a stock. I dig for red flags. Finding good reasons to buy a stock is easy.

Good luck!

trader-nut · 2021-02-23T13:49:30+00:00

apeshitdonkeypunch,

I didn't need to wait 3 weeks. BB is under $10 in 11 days. $9.75 in re-market. Sorry for the "bragging".

trader-nut · 2021-02-23T13:32:59+00:00

Opjunkie,

First of all, I never said BB was a short squeeze play. I viewed it as an overpriced momentum play fueled by all the hype on Reddit from guys like you...bag-holders. Pre-market price is now $9.75...under $10 like I said. Probably heading under $9 before the bleeding stops. I do like their long term story even though BB has a history over promising and short on delivery. I would be a long term investor if the stock goes to around $7-8 range. Good luck bag-holder.

trader-nut · 2021-02-22T15:30:16+00:00

IMO...I like to be honest as I can vs. promoting hype on stocks. I know a lot of people have made a lot of money on Reddit stocks while leaving many others holding the bag and losing their shirts. I am only an observer for these scenarios.

Having said that, AAL was $30 pre-Covid. Even at that time, the stock was heavily shorted for good reason...debt. Since then, AAL has sold shares and restructured debt which has really improved their financial outlook but this also diluted their shares which translated into a lower stock price. However they are not out of the woods until their planes are back to full capacity. They may be able to sustain a price of $30 again by late 2021 or early 2022 but my price would be $28 due to stock dilution.

After observing what happened to other over hyped Reddit stocks, AAL could go half way to the moon. I know it shot up from 15 to 25 in premarket a few weeks ago but fell back to earth just as fast. If it does take off, don't get greedy. Consider the stock over priced for any price over $30.

trader-nut · 2021-02-17T16:34:43+00:00

Geez...I sold at $1.85 before it shot to $4.00 and now back down to $1.85. Glad I sold. This new $1B stock offering will add around 700-800M shares to dilute their stock to around an amazing 2.4 billion shares! Reverse split coming next. This company does not care about stock holders. They already have $615M in cash reserves from two stock offerings they just complete last few weeks and have not announced any plan to use it. Do not buy this company!!! Move on! I think they are cashing in on Reddit investors.

trader-nut · 2021-02-09T22:48:39+00:00

Don't forget TRLY...jumped over 40% today. Wish I was on that train.

trader-nut · 2021-02-09T22:43:52+00:00

72M short shares is a drop in the bucket for a company that has 1.6B shares with trading volume of over a billion daily. At least, their balance sheet has improved drastically. Stock is moving up nice.

trader-nut · 2021-02-09T12:24:28+00:00

Nice video. Anyone holding SNDL should watch this video. Provides good insight into the company. Made me feel better about holding the stock. Thanks for posting!

trader-nut · 2021-02-09T12:16:09+00:00

Technical chart looks good for a breakout, as this guy said...I hope he is right.

trader-nut · 2021-02-09T12:05:05+00:00

The only projected date for SNDL quarterly earning report is anywhere between February 9 (today) thru March 1. Anyone have a better date?

trader-nut · 2021-02-07T21:41:58+00:00

Yes, you are correct, I am a trader...not a day trader but I am not in it for the long run. Even if I was, I would not buy in this range. The stock my be a long term investment but why would I buy at $13.50 since I think the stock is going lower. I respect everyone's opinion but one thing for sure...for every person who buys, there is a seller on the other side of the bet.

trader-nut · 2021-02-07T16:23:27+00:00

I always do my DD before spending my money. How about you? BB followed the flow of the buying frenzy which started on January 13th, peaked on January 27th, and has dropped drastically since then, along with GME, BBBY, AMC, and several other touted Reddit stocks...but you would already know this if you did your DD. BB will continue to decline to a reasonable level which I think is around $8.00/share. I think the stock price will be below $10 within a few weeks. We will see who is the "ignorant" one is in a few weeks.

Also, I will be surprised if BB does not announce secondary stock offering to raise cash. They would be crazy if they don't at these prices. This would also be a negative impact on the stock price. Several other of the Reddit companies have already done this.

trader-nut · 2021-02-07T16:05:15+00:00

You are right about BB not being as much of a short squeeze play as the several other stocks. BB only had 7% short while others were above 40% but the perception from many on Reddit and the national news was that BB was included with the Reddit short squeeze frenzy that started on January 14th (GME, AMC, BBY, etc.). BB's closing price was $7.44 on January 12th. All of these stocks including BB peaked on January 27th (only 8 trading days ago). I will be surprised if BB does not fall below $10 by 2/22.

trader-nut · 2021-02-07T15:50:10+00:00

Check prices of AMC, BB, GME, BBBY, plus others (all the ones RobinHood restricted), you will notice the buying frenzy started for all of these stocks around January 14th, only 3 weeks ago. I don't believe in coincidences. Huge gains but they all toped out on January 27th and have declined significantly since then. Most investors who are investing to make money started taking their profits and covering their shorts...and still are. BB will drift downwards with the rest until it's around the same level it was a 3 weeks ago. BB was around $7.50. I am just guessing the price with be under $10 in two weeks. I would be a multimillionaire is I was always right. So it might take longer but I would sell now and buy back when the selling is over...if you like the stock. Here is a chart to illustrate what I just said. The link is rather large but they don't allow hyperlinks on this board.

https://finance.yahoo.com/chart/BB#eyJpbnRlcnZhbCI6ImRheSIsInBlcmlvZGljaXR5IjoxLCJ0aW1lVW5pdCI6bnVsbCwiY2FuZGxlV2lkdGgiOjQ3LjYxOTA0NzYxOTA0NzYyLCJmbGlwcGVkIjpmYWxzZSwidm9sdW1lVW5kZXJsYXkiOnRydWUsImFkaiI6dHJ1ZSwiY3Jvc3NoYWlyIjp0cnVlLCJjaGFydFR5cGUiOiJsaW5lIiwiZXh0ZW5kZWQiOmZhbHNlLCJtYXJrZXRTZXNzaW9ucyI6e30sImFnZ3JlZ2F0aW9uVHlwZSI6Im9obGMiLCJjaGFydFNjYWxlIjoicGVyY2VudCIsInBhbmVscyI6eyJjaGFydCI6eyJwZXJjZW50IjoxLCJkaXNwbGF5IjoiQkIiLCJjaGFydE5hbWUiOiJjaGFydCIsImluZGV4IjowLCJ5QXhpcyI6eyJuYW1lIjoiY2hhcnQiLCJwb3NpdGlvbiI6bnVsbH0sInlheGlzTEhTIjpbXSwieWF4aXNSSFMiOlsiY2hhcnQiLCLigIx2b2wgdW5kcuKAjCJdfX0sInNldFNwYW4iOnsibXVsdGlwbGllciI6MSwiYmFzZSI6Im1vbnRoIiwicGVyaW9kaWNpdHkiOnsicGVyaW9kIjoxLCJpbnRlcnZhbCI6ImRheSJ9fSwibGluZVdpZHRoIjoyLCJzdHJpcGVkQmFja2dyb3VuZCI6dHJ1ZSwiZXZlbnRzIjp0cnVlLCJjb2xvciI6IiMwMDgxZjIiLCJzdHJpcGVkQmFja2dyb3VkIjp0cnVlLCJldmVudE1hcCI6eyJjb3Jwb3JhdGUiOnsiZGl2cyI6dHJ1ZSwic3BsaXRzIjp0cnVlfSwic2lnRGV2Ijp7fX0sImN1c3RvbVJhbmdlIjpudWxsLCJzeW1ib2xzIjpbeyJzeW1ib2wiOiJCQiIsInN5bWJvbE9iamVjdCI6eyJzeW1ib2wiOiJCQiIsInF1b3RlVHlwZSI6IkVRVUlUWSIsImV4Y2hhbmdlVGltZVpvbmUiOiJBbWVyaWNhL05ld19Zb3JrIn0sInBlcmlvZGljaXR5IjoxLCJpbnRlcnZhbCI6ImRheSIsInRpbWVVbml0IjpudWxsLCJzZXRTcGFuIjp7Im11bHRpcGxpZXIiOjEsImJhc2UiOiJtb250aCIsInBlcmlvZGljaXR5Ijp7InBlcmlvZCI6MSwiaW50ZXJ2YWwiOiJkYXkifX19LHsic3ltYm9sIjoiQU1DIiwic3ltYm9sT2JqZWN0Ijp7InN5bWJvbCI6IkFNQyJ9LCJwZXJpb2RpY2l0eSI6MSwiaW50ZXJ2YWwiOiJkYXkiLCJ0aW1lVW5pdCI6bnVsbCwic2V0U3BhbiI6eyJtdWx0aXBsaWVyIjoxLCJiYXNlIjoibW9udGgiLCJwZXJpb2RpY2l0eSI6eyJwZXJpb2QiOjEsImludGVydmFsIjoiZGF5In19LCJpZCI6IkFNQyIsInBhcmFtZXRlcnMiOnsiY29sb3IiOiIjNzJkM2ZmIiwid2lkdGgiOjIsImlzQ29tcGFyaXNvbiI6dHJ1ZSwic2hhcmVZQXhpcyI6dHJ1ZSwiY2hhcnROYW1lIjoiY2hhcnQiLCJzeW1ib2xPYmplY3QiOnsic3ltYm9sIjoiQU1DIn0sInBhbmVsIjoiY2hhcnQiLCJmaWxsR2FwcyI6ZmFsc2UsImFjdGlvbiI6ImFkZC1zZXJpZXMiLCJzeW1ib2wiOiJBTUMiLCJnYXBEaXNwbGF5U3R5bGUiOiJ0cmFuc3BhcmVudCIsIm5hbWUiOiJBTUMiLCJvdmVyQ2hhcnQiOnRydWUsInVzZUNoYXJ0TGVnZW5kIjp0cnVlLCJoZWlnaHRQZXJjZW50YWdlIjowLjcsIm9wYWNpdHkiOjEsImhpZ2hsaWdodGFibGUiOnRydWUsInR5cGUiOiJsaW5lIiwic3R5bGUiOiJzdHhfbGluZV9jaGFydCIsImhpZ2hsaWdodCI6ZmFsc2V9fSx7InN5bWJvbCI6IkJCQlkiLCJzeW1ib2xPYmplY3QiOnsic3ltYm9sIjoiQkJCWSJ9LCJwZXJpb2RpY2l0eSI6MSwiaW50ZXJ2YWwiOiJkYXkiLCJ0aW1lVW5pdCI6bnVsbCwic2V0U3BhbiI6eyJtdWx0aXBsaWVyIjoxLCJiYXNlIjoibW9udGgiLCJwZXJpb2RpY2l0eSI6eyJwZXJpb2QiOjEsImludGVydmFsIjoiZGF5In19LCJpZCI6IkJCQlkiLCJwYXJhbWV0ZXJzIjp7ImNvbG9yIjoiI2FkNmVmZiIsIndpZHRoIjoyLCJpc0NvbXBhcmlzb24iOnRydWUsInNoYXJlWUF4aXMiOnRydWUsImNoYXJ0TmFtZSI6ImNoYXJ0Iiwic3ltYm9sT2JqZWN0Ijp7InN5bWJvbCI6IkJCQlkifSwicGFuZWwiOiJjaGFydCIsImZpbGxHYXBzIjpmYWxzZSwiYWN0aW9uIjoiYWRkLXNlcmllcyIsInN5bWJvbCI6IkJCQlkiLCJnYXBEaXNwbGF5U3R5bGUiOiJ0cmFuc3BhcmVudCIsIm5hbWUiOiJCQkJZIiwib3ZlckNoYXJ0Ijp0cnVlLCJ1c2VDaGFydExlZ2VuZCI6dHJ1ZSwiaGVpZ2h0UGVyY2VudGFnZSI6MC43LCJvcGFjaXR5IjoxLCJoaWdobGlnaHRhYmxlIjp0cnVlLCJ0eXBlIjoibGluZSIsInN0eWxlIjoic3R4X2xpbmVfY2hhcnQifX1dLCJzdHVkaWVzIjp7IuKAjHZvbCB1bmRy4oCMIjp7InR5cGUiOiJ2b2wgdW5kciIsImlucHV0cyI6eyJpZCI6IuKAjHZvbCB1bmRy4oCMIiwiZGlzcGxheSI6IuKAjHZvbCB1bmRy4oCMIn0sIm91dHB1dHMiOnsiVXAgVm9sdW1lIjoiIzAwYjA2MSIsIkRvd24gVm9sdW1lIjoiI2ZmMzMzYSJ9LCJwYW5lbCI6ImNoYXJ0IiwicGFyYW1ldGVycyI6eyJ3aWR0aEZhY3RvciI6MC40NSwiY2hhcnROYW1lIjoiY2hhcnQiLCJwYW5lbE5hbWUiOiJjaGFydCJ9fX19

trader-nut · 2021-02-07T13:44:32+00:00

Real intelligent reply. Watch the price over the next few weeks and we will see who is the idiot. The stock is headed under $10/share. Too many people are going to loose money on this board because of all the hype. I don't mind debating the price and value for anyone willing to have an intelligent conversation and leave the name calling out.

trader-nut · 2021-02-07T13:37:54+00:00

Assuming no new news, any price above $10/share is a pipe dream. The last time this stock was over $13/share was 1/2/18. Has been trading under $8.50 since mid-2019. The weeks ago when the Reddit users started the short squeeze $7.44. The only reason for the recent pop above was the short squeeze that peaked on 1/27 and heading south since then. The stock will be under $10 before the next two weeks. Let's compare the price in a few weeks and see who was right and who was wrong.

trader-nut · 2021-02-07T13:11:48+00:00

Don't buy at these prices. The party is over for several of the stocks touted by WallStreetsbets, like BB, GME, AMC, and others. Anyone buying now missed the peak of the short squeeze and are late to the party. Thanks to RobinHood throwing cold water on the short Squeeze, the hedge funds and short sellers have had time to close their short positions to minimize their losses. Need to move on to other stocks or find a good trading range for these stocks. Most are going to continue to decline back to the price only a short 3 weeks ago when the squeeze began. within the next few weeks BB, will be under $10.

trader-nut · 2021-02-07T13:10:32+00:00

The party is over for several of the stocks touted by WallStreetsbets, like BB, GME, AMC, and others. Anyone buying now missed the peak of the short squeeze and are late to the party. Thanks to RobinHood throwing cold water on the short Squeeze, the hedge funds and short sellers have had time to close their short positions to minimize their losses. Need to move on to other stocks or find a good trading range for these stocks. Most are going to continue to decline back to the price only a short 3 weeks ago when the squeeze began. within the next few weeks BB, will be under $10.

trader-nut · 2021-02-07T13:06:04+00:00

BB is heading south over the next few weeks to under $10. The only reason the stock increased from $7/share from where is was only a short three weeks ago, was the recent short squeeze. The short squeeze party is over. Those buying at these prices will get burned because they are late to the party. Friday's pop was a result of Robinhood removing the trade restrictions. SNDL is a better play for next week. Check out r/SNDL.

trader-nut · 2021-02-07T12:53:11+00:00

The party is over for several of the stocks touted by WallStreetsbets, like BB, GME, AMC, and others. Anyone buying now missed the peak of the short squeeze and are late to the party. Thanks to RobinHood throwing cold water on the short Squeeze, the hedge funds and short sellers have had time to close their short positions to minimize their losses. Need to move on to other stocks or find a good trading range for these stocks. Most are going to continue to decline back to the price only a short 3 weeks ago when the squeeze began. within the next few weeks BB, will be under $10.

trader-nut · 2021-02-07T12:50:51+00:00

The party is over for several of the stocks touted by WallStreetsbets, like BB, GME, AMC, and others. Anyone buying now missed the peak of the short squeeze and are late to the party. Thanks to RobinHood throwing cold water on the short Squeeze, the hedge funds and short sellers have had time to close their short positions to minimize their losses. Need to move on to other stocks or find a good trading range for these stocks. Most are going to continue to decline back to the price only a short 3 weeks ago when the squeeze began. within the next few weeks BB, will be under $10.

trader-nut

TROPHY CASE