I am thinking about reentering $SFM. To me, it is trading at a discount of 30%-50%+. Does anyone care to introduce a bear case?

Fuck China. Sold out of my CQQQ and PGJ. Bought Tesla, Amazon, and Google with the proceeds.

Competition from Amazon trying to take over everything. Hindsight says it’s been doing well if you bought at time of post.

I agree that SFM competes with Whole Foods but I went into a local SFM and it blew me away. I'll be going there for 80% of my shopping now. Super clean, well organized, a lot of variety, best fruits, and veggies I have seen, great prices... etc.

I just wish they paid a dividend so it would be worth holding over the $30 mark.

Coinbase up 17% this week. Strong earnings coming in.

Initially I bought this for a trade but I think i'll hold for the long term.

They have first mover advantage. Yes their trading fees revenue will eventually dry up but what people are missing is how tied in to various crypto projects and advancements they are. Between all of their partnerships and how young and promising this space is this company will get to 100b market cap sooner rather than later.

edit: like they just raked in 1.6 billion dollars in quarterly profits. That's massive. Once they pay off their debt that's due that leaves a ton of money for reinvestment in high growth projects.

This post was edited by ofthevoid on Aug 11 2021 07:49am

Yeah, i'm moving money around right now to really make $COIN a foundation in my portfolio. On the 10-Q, the operating expenses has grown pretty high and that Net income.....

I think their op expenses growing that high isn't that concerning. Like they have to spend and invest in high growth projects and diversify away from fee revenue, that's a top concern for the company atm.

Who knows what will happen, none of us have a crystal ball but COIN feels like Tesla to me. For the longest they weren't profitable and market participants doubted them until all of the sudden the company's plans came together and the stock went up 1400%.

If someone told me COIN will have a market cap of 200 billion in like 3-4 years I personally wouldn't be surprised.

COIN is really interesting. If they can grow to not only be THE consumer but THE commercial provider then it solidifies its moat.

Added to PLTR prior to earnings and again today. I would like to see this be in my top 5 going forward. Added more to SFT after 350% revenue growth... I have concerns but I think the 12x+ upside >.

Excited to see BODY earnings after close... fingers are crossed.

Aug 30 2020 - 356K -> Dec 462K -> Feb 8th 511K -> March 6th 536K -> April 1 571K -> Aug 12, 2021 - 688K

That isn't a bad year considering i bought a few thousand dollars of wood working tools, wood and a few thousand in firearms. The wife was at 204K at Dec 2020 I don't look at her finances at all, but she better have been able to save at least 100K this year which tosses us over that 7 figure mark with the other assets I have.

Really in the last 6 months all I did was bolster positions in Atco, BAMA, BIP, Canadian Banks and a significant amount of REITS.

Blue chip all the way.

Nice, when are you going to cash out and live like a King? I'd be thinking of pompous French yacht and bobbing around south pacific Asia on the cheap.