What stocks are you buying now? Part 20

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al secord

Mustard Tiger
Jun 26, 2013
12,048
13,837
Toronto
I took a small flyer on KNR with the McD's rumours/news. Got talked into BTC. Going to throw up...then purchase more.
 

pepperMonkey

Registered User
Aug 2, 2005
5,252
1,459
Toronto
I think I'm going risk it, a deal with McDonald's would be massive. And I'd asume more would follow..
Well, there is no proof of order, just testing with McD. Still, yeah, it would be massive if they do get a contract with McD.
For me, it's simple as I don't have any more spare CDN cash available so no more KNR shares for me.
 

Flyer lurker

Registered User
Feb 16, 2019
9,713
12,541
Question for my fellow investors. Saw bitcoin with a big time drop today. So 2 part question. Any securities u think of selling off asap? Any securities if they drop 5-10% over next 7 days from bitcoin investments you buy asap? Thanks for the advice as always!
 

Leafs1991

Registered User
Nov 17, 2015
1,539
950
For sure. It would be a home run type contract. Just feels a little more like gambling than investing. But I may also talk myself into it by Monday
I averaged down to 3.06 with 400 shares now. I'm also considering adding more and this tweet almost gives me hope that good things are coming.
 

VanillaCoke

Registered User
Oct 30, 2013
24,976
11,313
I averaged down to 3.06 with 400 shares now. I'm also considering adding more and this tweet almost gives me hope that good things are coming.
I did 600 shares to average down to 3.1...

The confirmed testing in McDonald's, and the tweet after nothing for a month, on a day the US market is closed, leads me to believe something is happening, soon.

Its definitely a gamble, but one I'm going to take.
Also considering selling some DraftKings and buying more tomorrow at market open.
 

pepperMonkey

Registered User
Aug 2, 2005
5,252
1,459
Toronto
I did 600 shares to average down to 3.1...

The confirmed testing in McDonald's, and the tweet after nothing for a month, on a day the US market is closed, leads me to believe something is happening, soon.

Its definitely a gamble, but one I'm going to take.
Also considering selling some DraftKings and buying more tomorrow at market open.
Well, supposedly another 3-4 McD's sites (all in London I think) were testing it out.
As far as I know, KNR did target schools first (and ignored the private sector) but realized there was too much red-tape to get through so changed gears towards the private sector (i.e. McD's etc.). Hopefully, as a parent with a kid going to school, they would continue to try to push a deal to get this into schools (Toronto specifically ;) ).
KNR is supposed to release their earnings call soon (today? Monday? can't remember). So would be nice if they had a surprise contract announcement as well. Guess we'll just have to wait and see.
 

Oneiro

Registered User
Mar 28, 2013
9,438
11,002
Question for my fellow investors. Saw bitcoin with a big time drop today. So 2 part question. Any securities u think of selling off asap? Any securities if they drop 5-10% over next 7 days from bitcoin investments you buy asap? Thanks for the advice as always!

One I'm going to add to is $SI - Silvergate Capital.

Their SEN exchange is the exchange used by the major institutions (Coinbase, Gemini, Paypal) for a variety of crypto transactions, not just bitcoin. There are a couple of podcasts out there with the CEO, Alan Lane. The stock has run hard, a double in the last month. But it's only at 500M market cap and I think 1 billion at minimum is in play (stock price around the 50s).

MSTR (Microstrategy), RIOT and others are involved but I don't know anything about them.

Also OSTK is a low key crypto play and the chart is starting to turn around. Many don't realize that Overstock owns a stake in TZero Xchange which is used for not just crypto transactions but in theory, other blockchain applications. I haven't done much work on the name, I just trade it based on price action sometimes. For what it's worth, the CEO just bought stock in the 50s.
 

Leafs1991

Registered User
Nov 17, 2015
1,539
950
I did 600 shares to average down to 3.1...

The confirmed testing in McDonald's, and the tweet after nothing for a month, on a day the US market is closed, leads me to believe something is happening, soon.

Its definitely a gamble, but one I'm going to take.
Also considering selling some DraftKings and buying more tomorrow at market open.
Its at 3.27, a little higher than I want but I think you're right. I'm gonna add more tomorrow morning, hopefully it isn't too much higher tomorrow.

I could easily add another 1000 here haha
 

Leafs1991

Registered User
Nov 17, 2015
1,539
950
I did 600 shares to average down to 3.1...

The confirmed testing in McDonald's, and the tweet after nothing for a month, on a day the US market is closed, leads me to believe something is happening, soon.

Its definitely a gamble, but one I'm going to take.
Also considering selling some DraftKings and buying more tomorrow at market open.

I also am interested in if anyone has an idea of what KNRs target share price could be if it manages to get contracts? Like we talking a potential $10 or more?
 
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pepperMonkey

Registered User
Aug 2, 2005
5,252
1,459
Toronto
I also am interested in if anyone has an idea of what KNRs target share price could be if it manages to get contracts? Like we talking a potential $10 or more?
Err, I don't think it's possible to give an estimate without knowing what the contract is and how much revenue that contact will bring in. And even then, considering how irrational this market is...who knows...
 

pepperMonkey

Registered User
Aug 2, 2005
5,252
1,459
Toronto
Its at 3.27, a little higher than I want but I think you're right. I'm gonna add more tomorrow morning, hopefully it isn't too much higher tomorrow.

I could easily add another 1000 here haha
I should mention that investing in KNR is still VERY risky. Although I have my hopes up but this still could go down the drain. We still have NO sales yet. The McD deal that everyone is hyping about may never happen. Some black swan new tech may just pop up and kill the BioCloud idea out the window or a competitor could swoop in and destroy KNR's prospects. I'm fairly hopeful with this but everyone should check their risk tolerance before investing. Good luck.
 
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Leafs1991

Registered User
Nov 17, 2015
1,539
950
I should mention that investing in KNR is still VERY risky. Although I have my hopes up but this still could go down the drain. We still have NO sales yet. The McD deal that everyone is hyping about may never happen. Some black swan new tech may just pop up and kill the BioCloud idea out the winder or a competitor could swoop in and destroy KNR's prospects. I'm fairly hopeful with this but everyone should check their risk tolerance before investing. Good luck.
Good points. Sounds good. I'm also reconsidering buying back into Hive tomorrow if it dips below 0.85. Hopefully Ethereum doesn't bounce back too much tonight
 
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EXTRAS

Registered User
Jul 31, 2012
8,867
5,295
I also am interested in if anyone has an idea of what KNRs target share price could be if it manages to get contracts? Like we talking a potential $10 or more?

They have 35 million shares outstanding. Currently valued at around 100m...IF they were to fill the apparent 20k/month production capacity @ $10k/unit that would be sales of 200 million in one month. So just baseline sales would double the price, but apparently similar stocks have been priced at 5x current sales, so would make it a 1b valuation that would be around a 30 dollar stock. The CEO paul ghezzi has said they hope to be a midcap company which are typically 2 billion-10 billion companies.

It's a pretty big IF on sales though, as no one seems to have any info yet. Although, that they are just now testing the commercial units publicly means that production is probably just getting underway now.

One other note: the CEO paul (who only ever retweets things) has never made a personal tweet before (he doesn't seem like much of a hype man) and today posted his first 2 personal tweets ever. They were thanking everyone he has been working for In what seemed like a celebration tweet he said essentially "thanks for all the hard work everyone...good things come to those who work hard and wait" ...

One other thing, is that company insiders own huge shares in the company, like close to 35% and not one of them unloaded any shares...not even when it was over 5 bucks.
 

EXTRAS

Registered User
Jul 31, 2012
8,867
5,295
Well, supposedly another 3-4 McD's sites (all in London I think) were testing it out.
As far as I know, KNR did target schools first (and ignored the private sector) but realized there was too much red-tape to get through so changed gears towards the private sector (i.e. McD's etc.). Hopefully, as a parent with a kid going to school, they would continue to try to push a deal to get this into schools (Toronto specifically ;) ).
KNR is supposed to release their earnings call soon (today? Monday? can't remember). So would be nice if they had a surprise contract announcement as well. Guess we'll just have to wait and see.

Monday afternoon
 

ZDH

Registered User
Mar 6, 2008
8,880
3,984
original_259612201.png


Didn't know this. (If it's even true, just saw it on the internet today)
 

BreadManPanarin

Registered User
Mar 15, 2017
4,599
4,237
Just took out a $20k personal loan at 3.99% interest to buy 40 more TSLA shares tomorrow in my brokerage acct. Only 36 of my 281 shares are currently in my brokerage acct, the rest are in roth/traditional IRAs. Gotta make some more money that I can use before retirement lol.

This probably sounds reckless or even stupid to some people, but I believe that the yield on those shares over the next 3 years will kick the crap out of 4% annualized. Hell, it may only take a week to cover the interest of the whole loan period. I predict that by 2030 that $20k will be worth around $100-200k.

*obligatory “don’t try this at home” statement
 
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CRAZY_FAN

Registered User
Aug 26, 2002
1,362
415
Quebec
Just took out a $20k personal loan at 3.99% interest to buy 40 more TSLA shares tomorrow in my brokerage acct. Only 36 of my 281 shares are currently in my brokerage acct, the rest are in roth/traditional IRAs. Gotta make some more money that I can use before retirement lol.

This probably sounds reckless or even stupid to some people, but I believe that the yield on those shares over the next 3 years will kick the crap out of 4% annualized. Hell, it may only take a week to cover the interest of the whole loan period. I predict that by 2030 that $20k will be worth around $100-200k.

*obligatory “don’t try this at home” statement

With a loan at 6% and less the odds of making money is better then the odds of loosing money in my opinion. So 4% is really good.

There is good debt and there is bad debt. If you took a 20k loan to buy something that will loose value, then that would be bad debt. In this case you took a loan in order to make money out of that loan so to me this is good debt. Is there risk? yes sure, but it is a good calculated risk in my opinion. Of course I would not go all in on TSLA (or any stock for that matter) but to each their own I guess!
 
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ORRFForever

Registered User
Oct 29, 2018
17,678
9,221
Just took out a $20k personal loan at 3.99% interest to buy 40 more TSLA shares tomorrow in my brokerage acct. Only 36 of my 281 shares are currently in my brokerage acct, the rest are in roth/traditional IRAs. Gotta make some more money that I can use before retirement lol.

This probably sounds reckless or even stupid to some people, but I believe that the yield on those shares over the next 3 years will kick the crap out of 4% annualized. Hell, it may only take a week to cover the interest of the whole loan period. I predict that by 2030 that $20k will be worth around $100-200k.

*obligatory “don’t try this at home” statement
3.99% is pretty cheap. Still, it is a risk.
 
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Flyer lurker

Registered User
Feb 16, 2019
9,713
12,541
Just took out a $20k personal loan at 3.99% interest to buy 40 more TSLA shares tomorrow in my brokerage acct. Only 36 of my 281 shares are currently in my brokerage acct, the rest are in roth/traditional IRAs. Gotta make some more money that I can use before retirement lol.

This probably sounds reckless or even stupid to some people, but I believe that the yield on those shares over the next 3 years will kick the crap out of 4% annualized. Hell, it may only take a week to cover the interest of the whole loan period. I predict that by 2030 that $20k will be worth around $100-200k.

*obligatory “don’t try this at home” statement
Not my choice but I sure do get it. May sell off some of my meh stock holdings for more tsla and shop. We'll see how frisky I feel.
 
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SlpLessInMuskoka18

Registered User
Aug 13, 2018
656
242
Sorry I got some folks into knr a bit early. I didn't expect such a successful short attack.

I've been banned here or else I would've kept you up to date.

Ha i can post now!

Accumulated over 47,000 since i entered protecting the baseline.

I did personally send a friend to confirm that mcdonalds leak. No news on orders just rumors on my end. Also I was privy to that private conference call. All the promo vids and website info ect is under my user tandem on ceo if you need more updates
 
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