 What's up guys, what's going on everyone? Happy Thursdays crazy end of the day The markets like really hard, but I don't even know what happened. I mean, why we're so green today. I Guess I'm interested in earnings. I've got some great earnings this morning Blackstone fcx AT&T AutoNation American Airlines Then after our we got a bunch of interesting stuff for more cool snapchat Intel Intel check that out Chipotle as well I Tried to short Chipotle today on some Lotto. I don't know if I got Phil or not Because the Phil's been nearly impossible. Honestly What's up trigger? What's going on Fiat world? RB Nicko Are you guys doing? So it looks like Intel came out What are they saying? There was some skull sweeps on Intel as Usual Intel follow through with the flop. Good job Intel. Good job How you managed to do that every quarter Intel, I don't know but good job good job man Good fucking job Yo, let's see. So Intel earnings for shares dollar point seventy one And they beat estimate of dollar and eleven right great beat there on the earning pressure side Revenue is eighteen point ten miss eighteen point two four apparently Fifty four percent increase compared to last year in EPS one percent decrease in sales compared to last year Bozzy man, Bozzy as hell. Let's go So Intel actually had a pretty good guidance. Let's see what it says They said that they've raised their full year twenty one adjust the earnings pressure guidance from four thousand eighty cents to five twenty eight so I mean that's based on this beat obviously and gross margin guidance fifty seven percent They said their CFO George Davis is about to retire Q4 sales looking pretty good. Apparently at eighteen point three billion as opposed to eighteen point two five But EPS Apparently is trash at point nine to one point zero one So Intel never disappoints man every quarter it gives you like a nice by the dip opportunity Yeah Die die die come back to forty threes Or even just selling premium on the upside it's a good move for Intel I don't I think like for the last four quarters. It's been flopping It's pretty pretty wild honestly Who else play puts on Intel? I Like the company honestly and and that's why I like that's why I like seeing them drop because it's a good buy the dip Opportunity because I really like Intel But they just like every time earnings you think they're gonna do something amazing and it does it So BJ's restaurant also reported earnings today EPS negative thirteen cents as opposed to positive eleven cents Sales is two hundred eighty two point two mil as opposed to two ninety three. There was a miss there So company went down a little bit after hours down four percent A lot of earnings were really good this morning But some of these after hours earnings have been flopping really hard lately man. What's up with that? A lot of drops in price. How's everybody doing today? How'd you guys doing in your plays and stuff? Hopefully everybody made money, right? Price smart also reported earnings as well earnings per share is sixty three cents miss estimate of seventy three Sales is a beat three percent decrease compared to last year and EPS and Sales increased by twelve percent. What is the stock trading last year? seventy four dollars seventy four to sixty six all time high was around seventy eight seventy nine so Maybe maybe there would be some opportunity here, but it's not a top and bottom beat. So it's kind of mad there pretty flat You got into spy calls nice nice not bad Glad that worked out man. Oh, no, I was muted this whole time. I didn't know. Oh my gosh. I Was like holy shit That's like the biggest drop ever. Oh 25% drop man, I was I was like so hard. I was like holy shit. It got molested man. I Was like it got rape that torn apart man Yo, maybe it come back to forty eight dollars the super support right here Snap chat forty eight dollars when I was looking for by the tip opportunity like I mean, it's already dropped so much What's a few more dollars? What's six more dollars do it, baby? Nah, I definitely didn't have no snap man Definitely didn't have no snap. I just hope I do have I do have on Interest though. So I hope it doesn't carry over because I'm gonna get raped man. What's pension is doing right now? Oh It did carry over Shit, why do you do this? Why are you going down snapchat? Why the hell is wrong with you this this muffa this This mofo man this mofo Chief business officer of snap so three point seven million in stocks Sus sus bro sus Sus this guy sold today before He sold today before the earnings man. Hella sus Somebody get this guy. Yo, no if yet. Well, I didn't close pen man I opened a new position yesterday. I had closed that that pins position that were up like a lot But then I opened a new position What's up beat 2018? I don't even know what's going on myself. I gotta look into it. Oh Man, nothing's going right. Let me see. I actually get feel on Chipotle Maybe actually got blessed maybe the feel was so bad. I never got feel Yeah, I I I did this one credit play where I need Pinterest to stay above $61 I didn't expect the snapchat to like really like mess them up like that. So You know hindsight 50 50 good news is I never got feel on Chipotle because It's just like the spreads are so why I couldn't get Phil. I mean It's kind of interesting with PayPal because You know, they like they said they couldn't be reached. They said they might not even like buy Pinterest So it's like it's like if you know But at the same time like Pinterest could easily be worth 70 dollars if they get bought out by PayPal But there's no real confirmation. It's all like up in the air right now. I Don't even know how the news came out. It felt like it was leaked at some point another at this point Let's check out that Chipotle earnings per share is $70 and two cents be estimate of 632 sales is 1.95 As opposed to 1.93 86% increase compared to last year In earnings per share and 21% increase in sales compared to last year In terms of Chipotle, what is Q4? Comparable sales up and low to mid double digits range C's opening 200 or slightly more restaurants. Yo, how like Chipotle is still opening a restaurant. That's crazy, man So that's one good thing about them that they're like continues opening restaurants I think they're like still pretty below the top tier. So there's opportunity for it to run to like 1900s If you know if market continues to be bullish Because they're opening new restaurants and things like that. I was actually actually expecting them to have a back quarter I guess some other people are as well, maybe Yeah, I thought they were gonna I was expecting them to have a back quarter because I know they were trying to open stores But I didn't think they were gonna be able to open them Due to supply chain issues, but I guess that they didn't really hit them We'll dig a little bit more into that snapchat earnings report later on. I look for the into it Yeah, I don't even know it's like it was that sometimes people leak the news like that. So it's kind of weird It happens every once in a while earnings per share is 2097 cents down from 650 sales is 561 I suppose of 530 So earnings per shares down sales is up apparently 13% increase compared to last year's in sales And earnings for share is actually a 54 decrease Prior to cobit the highest the company traded around 420 something dollars Right now it's 497 before earnings. It was at 520 So they continue to disappoint not having the really amazing earnings In terms of how great the sales price has increased But it's starting to get really close to the valuation I think if it comes back to that pre cobit level on on boston bear It'll be a good area to buy the dip Um, they think four year 22 cross margins at 45 to 48 percent Um, look that looks pretty good over there. Yeah, I can imagine I can imagine that um That snapchat move rape everybody because um, you know since since snapchat went down It it took it it probably took facebook with it. I would imagine um Yeah, it did so, you know snapchat is down 20 something percent 25 percent So obviously it took facebook down with it. Um, facebook is down six seven percent Pretty huge move there and obviously facebook is part of the fangs part of spy is a big part of like um of everything so The facebook is down with it twitter is probably down with it. Yeah, twitter got beat up as well So across the board social media stocks are getting wrecked and And that's like a lot of these guys are in the smp 500 So it's going to take the market down a little bit. It's probably going to drag everything down How's um, how's the other stuff doing? Let me see Google is probably down as well. That's another social media company Damn google got raped too What isn't down google is down 91 dollars at the hour Like that's such a huge move for google like for it to be down 91 dollars at the hour And it's not even on earnings man. Holy smokes It's Tesla down. It's Tesla getting raped in the process Not yet not yet so It's hitting a lot of like these um these big tech stocks fang so facebook, apple, netflix google microsoft So some of the other things are doing okay, but If this continues to smack things around man, it's going to be ugly If that's a big overreaction if I ever seen one, man Maybe we'll have a dead cat bounce on snapchat tomorrow When you know money comes in to back us up there That was crazy Oh, man, the market continues to rape me Can't catch a break Trump's thing is out because everybody is buying it to invest in trump. It's like getting a ticket Robber half international earnings for sure is dollar 53 as opposed to dollar 40 Sales is 1.71 billion as opposed to 1.64 128 increase compared to last year 43 percent increase in sales. Wow Yo, these recruiters are actually trying to recruit me to work for them this year Um, they're only to have like an office Manhattan but They pay like mad little money Starting salary for them is only like 80g But they're like, oh, you're gonna make so much money off bonuses What a scam let's go check out some of the stuff from this morning It's like I'm not gonna go back to slave at that desk job, man For for for ads Like especially in New York, that's not a lot of money Check out some earnings from this morning And now that's huge move. Well, how big is this move, man? Is it is it bigger? What? Oh a huge move throughout the day Yeah, the dwac is crazy. Yo, sounds like a lot of you boys made a lot of money, man Yo, what the hell Hold up You know, I I didn't even look at dwac anymore since I saw it this morning Um, so last time I saw it. It was at 20 dollars And I thought that was already high Who knew it went to 50? This was crazy. Oh my gosh Wow What a scam what I sell so early Well, you guys do this to me, man Damn, yo Drop talk care of you guys Yo, man, don't make me look at that ever again, man. I don't want to see it no more I saw way too early. I think it's up like 500 percent today That's probably one of the best move for any spec ever I actually tried to short it at one point, but I couldn't even find shares. It started getting short squeezed because um Like I remember looking for shares to short Um at like the 20 something range and it wasn't even in shares available. So I was like, oh screw that I'm not even gonna touch it. I'm gonna wait but I guess in a way I'm glad it worked. Glad they didn't even touch the shares It's just simply dropped through to like, um Like google is probably dropping because of social media They're like part of that sector too Um, I'm gonna look at some of the earnings from this morning AT&T earnings per share 87 cents. I vote as close to 78 Um sales is 39.92 as close to 39.14 Pretty good pretty good um Earnings per shares to be at the high end of the low to met single digit growth range Apparently a bunch of people sweep the 25 dollar cost for 2023 So it says they grew 14 percent year over year um Warner media segment revenue jumped 14 as well That's on the hbo max and hbo subscriber grew By 12.5 million to 69.4 The odd part grew 7.1 million year over year to 45.2 It looks pretty good. Oh, yes, facebook coming back nice nice I don't know if I want to touch any dead cat bounce after hours right now Things are kind of things are kind of scary Let's check out some of the other earnings from this morning luv southwest airline 23 cents as opposed to Um 27 cents on the negative side 88 increase compared to last year at losing $2 a share Sales is 162 increase Um at 1.79 billion last year this year they made 4.7 so big move there Um, but stock recovered really well compared to last year's off 2020 highs as well It's lagging a little bit I don't know what they say about guidance Was there any guidance from? Southwest this morning Let's see Sean you bought snap at what price 54 They got like 763 million dollars from the government Wow Lost a lot of traffic in august and september apparently due to cobit surge You can't find workers. They're trying to hire 5 000 new employee by end of the year Oh, wow Revenue reached 87 percent of 2019 levels southwest is seeing some of the best recovery ever Yeah, so we're nobody want to work right now Key corp also had a pretty good earnings. This is a bank TDAC VGX We're getting to auto nation in a sec Yeah, because nobody want to pay more money man. Like if they pay more money, you know, um People would people will work, but they like these guys that think like they're charging more money for stuff But they don't want to pay workers more money So they just want to help. They're like bottom lines VGX had a pretty good earnings today. It looks like Earnings per share is $3.96 as opposed to 287. Wow. That's a pretty pretty good beat over there Um sales is 2.77 billion as opposed to 2.45 So they beat estimate by 37.8 0.98 percent Um, however, it's a 8 percent decrease compared to the same period last year And 4 percent decrease in sales compared to the same period last year I forgot they got a lot of sales. Um last year because of kovat um, so So since kovat was coming off, I guess they guide it off a little bit But that's still a pretty good surprise. They had that's still like a pretty good beat. Um company was trading around 114 prior to kovat And kovat helped them a lot. So they made a ton of money Honestly, this company should be worth somewhere around $200 unless they're giving out the dividends Um, for some of you that aren't familiar with the company quest diagnostics is a leading independent provider of diagnostics testing Information and services in the u.s. The company generates over 95 Office revenue to the clinical testing And all these other types of testing and stuff So no pretty pretty big Hey, what's up, bo? Um, if you're looking for recommendations check our link here So if depending on what you're looking for, um, if you if you're looking for for a pre-market training trading Check out webo. Um, if you're trading stocks, you know and and shares This is probably one of the best pre-market Um, if you're looking for a simple and sexy user interface Um, despite an overall shitty platform, but a sexy interface if you're all about the looks Check out Tommy's robin hood referral here Um, and then if you're about cash accounts and and you know bracket orders tasty work is the way And then if you're doing long-term investing e-trace pretty much it Is going to keep going up result in even more dilution to the value of dollar people think they're going to Make it more if minimum wage goes up, but company would just out compete like they potentially done true The wages going up we need very much give you from college and profit margins on products like that won't happen yeah, like I I don't think a lot of you guys are here when I was talking about shrinkflation, but that's a real thing I think like I think like um, I think shrinkflation should be made illegal like if these companies are doing shrinkflation they um They shouldn't like raise the prices, you know But like it should be regulated better because like if you guys haven't heard of shrinkflation Let me show you so So these are some examples of shrinkflation, right? They'll sell you the same, you know chocolate But then we do sit by five grams, but they'll still charge you the same price But since it was such a small reduction, you don't really see it the same thing with toilet papers Or even like, you know cocoa puffs and stuff Um, and sometimes they do it with the ounces, but they keep the boxes very similar So, you know, these are all scams that like they do Like 200 grams to 180 So look look at the shrinkflation scam, right? so Like let's say previously it was 250 at 9.75 ounces They reduced the ounce to 9.25 but They also increased the price as well. So that's a double move. That's a huge move. So that move essentially, you know, um, like gives them a huge profit margin increase But a lot of people don't see it. So a lot of people don't feel it, but it's there and something that's done consistently It's a huge scam But yeah, so that that's shrinkflation But, you know, we just know a lot of people just don't Don't know about it. There's no clue Dude this chocolate's man 28% increase in four years, man That's like a 7% inflation per year and inflation only runs at like 2.5% Um, so if they're doing a 7% increase per year while inflation is 2.5% So they're compounding at 7% plus that, you know, two to three percent. They're getting a 10% increase year over year What a scam, right? Crazy. But yeah, DJX had a pretty good earnings. Look at the guidance They raised their guidance from um, where they thought they were going to make between 1165 to 1235 to Well, that's a big increase They raised it from 1165 to 1235 to 1350 to 1390 So as opposed to 1193 estimates, that's a huge increase there. They think they're going to make a heap of more money Um sales they increased it from Where they previously thought they were going to make 9.84 to 10 0.09 to 10.45 to 10.6 As opposed to 10 billion estimates. So they're like next quarter. Forget about it They're gonna they're gonna destroy it. It's just gonna go please I don't see why they won't come back to 160. We'll see look for buying opportunities in this That's a good guidance right there. I like it. Let me write that down DJX the guidance What what is it that you set me? This guy what a troll It we covered because I saw Oh another company that had really good earnings today was a black stone group Keep an eye on this one um Very interesting company Probably one of the 30s company in the world Like as 30 as Goldman Sachs, I would say So You know how I want to be have you even have you even looked at the fcx presentation like I did man? Have you seen the presentation? So blackstone group q3 earnings for shares dollar 94 up from a dollar and 13 year over year pretty good there Sales is 6.23 billion up from 3.03 billion last year So earnings per share was a 71 increase compared to last year And sales is 105 increase compared to last year like this is huge man like Like this is so big for like for for Like even for asset managers hedge funds like this is a huge increase Not a lot of people can pull off like 100 increase in revenue, man So I got it. I got to give it to them. That's amazing job there company was trading at 64 65 dollars prior to pulpit So, you know like 65 times two is like puts them around 130 So if you see this drop look for buying opportunities, you know if we if this comes back to like, you know 110 109 buy that dip That's a good dip to buy Yeah, I mean I I rather buy I rather go blackstone over gs though I always like blackstone a little bit more because they're they're like investing a lot more things Oh, um So so fcx, which is the copper company, right? They they released this huge presentation And and they like it's like humongous man. Man along shit. I read through the whole thing There's just a lot of garbage They just talked about how like there's so much things that you can use copper for and stuff But at the end of the day The end of the day they they only had a like about 50 increase between production and revenue max Accounting like everything together is like about, you know 50 increase in terms of revenue margins and whatnot The only thing that had a really good increase for them was their ability to reduce their depth from like 6 billion to 2 billion So that's a 3x increase on that side or decrease on that side But in terms of profit margins and stuff it was a pretty big disappointment And the stocks random a lot, you know, we're talking about stock that was trading around 12 dollars to 38 dollars, right? With 30 divided by 12 that's like 300 increase. So I think I think it's had a huge move And it's you know, and it hasn't justified that yet. So maybe at one day at some point another it might pull a snapchat Where it couldn't justify that that huge move You know in terms of the price and valuation But who has the time to read that geez Spent half the time just looking at the graph and they were just telling you how how like so many stuff you can use and and that Just like explain to people. Oh, yeah, you can use copper and electricity. You can use copper and EV Well, the thing that a lot of people don't know is that a lot of these miners You know, you may think they're inflation trade by the end of the day They're mining company and a lot of mining companies stand their practice for a mining company Is they almost operate like a hedge fund in a way? So what I mean by that is that a standard mining company always hedges their positions, right? So let's say if they mine like, you know x amount of ton of gold or something, right? Or pounds of gold or whatever they will hedge that position They will waste money on hedging that position so that even if the price of gold drops They will be okay so That what that means when they hedge the position is that If the gold increased like double in price to a hundred percent more They don't make us they don't make a hundred percent more money because they already hedge the position against wild moves So they'll make like maybe 10 to 20 max out of that hundred percent move So that's something that a lot of people don't realize about mining companies is that They operate that way in standard practice because they have to they they like they don't bank on wild moves They bank on these slow moves and consistently making money and some of them they don't even make money because When when they have somebody that hedges it improperly and they hedge it the wrong way They actually end up losing money So it's in this common practice for them to lose money through that process too. You can look further into it. It's it's like If you look hard enough, you'll find it because I I learned that last year and I was like wow, I didn't know that Because I seen some mining like I seen some minerals increasing price so much I thought these mining companies will make me target profit But then as I like read into the reports, you know, um, they didn't they didn't make that much profit And I was like why why? Okay Crocs also had a pretty good earnings today 2.47. That's supposed to 1.88 Sales is 625 million as opposed to 610 million Um, 162 increase compared to the same period last year And 73 increase in sales compared to last year huge move Um, crocs was trading around 43 dollars last year You know straight in 148. I think they're also making a lot of like investments to improve their their capability and things like that Crocs done a good job marketing themselves, man. Expecting the four-year sales growth of 62 to 65 percent um, this company almost like was on a brick of death in 2020 and then um because of the free sandals they gave out to nurses and like And like social media bringing them back up This company went from the brink of death to like full recovery, man It was almost like it was almost like out of trend. I remember when I used to sell crocs like In like high school days, man. I used to work at mall selling crocs and then and then like Fast forward to like 2018 2019. Nobody gave a crap about them no more That is true. Um, especially in some of the bigger cities It's almost impossible man to like to like Like after you pay your taxes after you pay your like, you know, if you like, that's the other thing like You can like for some people you can defer your taxes to end the year But if you like get your taxes with hold and taken out Um, and then you pay like your your health insurance Um, what else you pay your social security and all the other stuff miscellaneous things And by the end of it, you're paycheck. Let's say if you were making like, you know, like 100 000 at the end of the year You're probably making somewhere around 40 And and then after like food expenses and all that stuff, you barely have enough money. Just a cup of red. It's a scam Life is a scam That's why people buy so much real estate SAP earlier reported q3 earnings for share of 2005 cent as opposed to 153 Sales is 8.07 billion as opposed to 7.93 Estimate 3% increase compared to last year 5% increase in sales compared to last year Let's see how the company fit compares last year Hmm pretty close. Uh last year's january 2020 prices was around 140 um Prices over here last year's earning price had a big drop from 150 dropped all the way to like 120s even as low as 100 No real move today dropped a little bit from 146 to 139 Yes, they closed at 143 So not much moved here I don't see anything about guidance here It was a pretty good quarter though Might be a bind up a 2 any of some point another Let me keep that watch So snapchat looks like snapchat we cover a little bit to 57s Lowest the hit was 52.48 Um SAP I still have this trend line going to SAP Um, I think you have to fold to like 127 for For my alert to pop I'll bite. I'll bite at that price It's not a bad price What are you gonna do? Right? Just gotta make money on Gotta make money in the market and you'll be fine Somebody was asking about auto nation before they had a great earnings Um auto nations earnings per shares 512 cents Be estimate of 420 sales is 6.40 billion 6.4 billion I suppose is 6.31 Um 115 percent increase compared to last year's And sales is 18 percent increase compared to last year's Last year the company was trading around 60 something dollars 57 to 60 Stock price has already increased by 100 Pre-covid was around 52 as well Stock price almost about increased by three folds There were some sweeps on the puts today on the 125 side But they did They did release some pretty good news. Um, oh my gosh So apparently this article says buy the dip. I think forget it. I don't want to waste time reading that So today auto nation moved up pretty good today in the morning Uh, meme guru actually talking about it this morning We're looking at it and he was looking for that huge break over 113 And he thought it was gonna go much higher. He called it right on the dots, man Had a huge move and let's see We reported their quarter four year sales growth of 18 percent year over year to 6.3 billion beating the consensus Same store new vehicle revenue was flat versus prior year and decreased three percent Used vehicle increased a lot. Um, 53 percent And 67 percent versus 2019 members Cross profit also increased a lot 29 percent Our But the biggest thing here is that our nation's board had authorized the repurchase of up to An additional one billion of stocks So and they also said the man continued to outpace supply for new vehicles New vehicle sales are constrained by reduced production volume with low inventory levels We expect this pent up demand to support sales for the foreseeable future And they also announced an agreement to acquire priority one automotive group Representing a approximately 420 million annual revenue So those things are going to increase their revenue up a lot The share buyback is huge because look the company is 8.2 billion market cap, right They're buying A whole billion dollars um In share buyback, so Let's say, you know, if like let's say if the company had like, you know, a 82 shares, right? Um available or or no not 80 to 8.2 shares available, right? They're buying back a whole share. So that's going to reduce it, you know Reduce the holding and what that's going to do is that it's going to increase the it's going to decrease the pie The overall pie and it's going to increase their numbers in terms of like Sales and it's going to increase their percentage So the EPS is going to look much better for the, you know, for the further orders coming up Their sales is going to look better And and all that stuff in terms of percentages and things So overall it's going to it's going to manipulate the data better And in a way it's just like It's like it's just another way for them to generate Um the man for the stock They're they're essentially creating artificial demand of buyers for their stock But because it's and I call it artificial because they're they're themselves going to buy it So that's why it's kind of bullish, but had a huge run already Had a huge move from 117 to 131 Which if you did the math 117 times 1.12 percent increase 117 times 1.12 Because they're they're buying themselves 1.2 percent in market cap Actually puts it right at the top range over here at 131 So that's the minimum value based on that increase Let me see. What's up crypto trader officials What are your thoughts on an apple short at market here? Oh, what's up Stefan? What's going on man? Sure apple 10 time leverage That's the way That's true. That's true If you say so, um Short it on earnings. When is when is that earnings? Make sure you short it to like whole week next week What are the earnings we got today? Tractor supplies had a nice move Pretty good earnings as well 20% increase in business last year 15% increase in sales Stock was trading at $99 pre-covid stock price went up 110 Um last year stock was trading at 142 right now is at 210 huge move compared to last year's Strong guidance here though Yeah, for sure man. I think this is one of the biggest overall reactions ever I don't know if we're gonna fully recover prior to pre-market. Maybe we will maybe we weren't But it's definitely very very interesting man I'm surprised like they even let it drop this much Let's look let me look into that snap thing. Oh, they released the Guidance as well guidance is really weak for q4. It's gonna miss the estimate Um daily active user. They say it's up 23% year over year Oh my gosh, I hate I hate seeking alpha man scam So they dropped 30 percent because revenue miss And iphone privacy changes Worst than expected q3 sales results an issue q4 sales guidance below estimates And then obviously this this this bozo So a bunch of this year as well. They've been unloading Hard to say man. All I can say is I mean rb nicko kind of Kind of asked the same thing yesterday and like and you know, I told him like There are some tickers if you believe them you can buy into them You know go for a long-term hole if you want like Like um, he was asking about vips which was a pretty interesting company Has some good support levels and whatnot and it was doing a solid recovery in the daily and the weekly chart, right? but um What the other thing was like You know, they're but like, you know, the thing is you don't know what the whole situation is You don't know when they're gonna band it, you know, like like china is manipulating so much that They could do anything any day, you know, um depending on how they feel like Who knows, right? The other thing is like Like it's just like it's just so much so much like bad sentiment all around So it's I'm a little bit worried, but if you want to pick long-term investments, like I personally picked up some Tencent music, which is uh, which is like the Spotify of china In my 401k because I believe in that growth long term and and Tencent's a pretty big company So I'm okay holding that position But it depends on you guys, man If you guys like a stock that's like a chinese stock ticker and it's dropped a lot And you want to take some how you buying opportunities go for it. Why not, right? Um, but just don't load up too much It's called tme That's a ticker. All right, let's look into snapchat So let's say daily active user increase going three percent every year to three and six million Revenue increase 57 percent year over year to so um 1 billion Net loss improves 64 percent And I just Improved 209 percent So net loss improved they only lost 72 million in q3 I mean, I feel like dd you can buy it too Snapchat celebrates 10th anniversary this quarter We're excited about the long-term opportunity potential for our business as we grew a community to three and six daily active users And grew our revenue 57 percent to reach 1 billion for the quarter We're now operating the scale necessary to navigate significant hit ones including changes to the iOS platform They impact the way advertising is targeted Measure and optimize as well as global supply chain issues and labor shortage impact on our partners What the hell What does this have to do with snapchat? We will continue to focus on delivering strong results For our advertising partners and then innovation to expand the capability of our platform and better server community So this is their 2021 revenue for year to date I think oh no, not not year to date. This is three months. This is the year to date um Compared to 2020 so they upped 77 percent here to date um operating losses It's still pretty high, but a little bit less compared to last year Net loss is doing much better because they're making more money The gITDA actually became positive So they're releasing some new stuff as well um AR lenses Lots of fingers fell Whoa, whoa. This is pretty cool. They said so we partnered with signall to introduce three AR lenses Teaching snapchat or how to finger spell in american sign language I don't know what that's gonna do, but that's pretty interesting I would say if anything man probably better to wait till tomorrow to get into snapchat Wait for a better volume and stuff for for things to settle And I say that because like sometimes if you wait till the next day You're gonna see what the hedge funds direction is you want you're gonna see what the headwind is Because you're not like right now. We're not sure what direction they want to push it. It looks pretty bad right now Algos probably dropped it pretty hard Um, and then like tomorrow pre-market We're gonna we're gonna see like price upgrades and downgrades from the analysts and stuff And even though like those aren't like the best thing out there In a way it gives an idea of like signalling which which way they want to blow the wind So, you know, if like everybody starts downgrading snapchat tomorrow Then you know not to touch that, you know, but if they start upgrading it Then you know that hedge funds want to blow the wind up So that's that's like one way I would want to play it So they're doing a lot of things they said they're investing in the content offering They expanded the product and partner ecosystem we expand the offering for advertisers Um Do a lot of different things so a lot of potential for them um the outlook revenue estimates between 1.1 to 1.2 It's nothing too crazy. Honestly that that the report wasn't that bad It was a little bit bullish honestly if anything because they talked about all these potentials and a lot of things that they could do and and like, you know Opportunities and stuff like that. So I like that, you know reading it. I liked it The only thing is that the only thing I don't like about them is that the revenue only increased 57% Um, you know, let net loss improve 64% like they were able to you know, save more money and whatnot and things like that But at the same time Like if you compare it to snapchat a year ago, they they grew they grew a lot compared to that price point, right? um a year ago's company was trading at 38 So, you know and and today it was like prior to this big drop It was an 80. So I had 100 percent, you know move in terms of stock price But it couldn't really justify it. So we'll see if it finds support over here the 57 range if it that holds Maybe it'll bounce Otherwise, I'd rather wait for it to drop a little bit more. Maybe we'll find better support Well, I know we're gonna find better support if we hit like 49 levels. That's definitely gonna bounce really well there Um, and then the other thing is if you look at 2020 levels like prior to covet the company was trading at $20, right? So it between, you know, january 20 and january 2021 Did it really have that growth? Did it really like go from 20 to did it really have 100 growth for last year? When everybody was sitting at covet and then, you know, and how much more growth did it have from beginning of the year to now? so So that's something, you know, interesting to For consideration I can check macro trends check macro trends See how much growth it have TWAC is still going nuts sites kind of flinch sometimes though So revenue for 2019 it was 1.7 2020 um any revenue was at 2.5, right? so So from from 2019 to 2020 they didn't have a huge growth Then then we thought so let me see So we're pulling the data up. We're looking at the data right now um from 2019 to 2020 they had about 46 growth We're just kind of in line with what they're doing that what the stock price has through 100, right? Um, and then over here they're looking at 2.8 billion 2020 the end of the year with 2.5 um So they're already at 2.8 right now. So obviously they already made more than the end of 2020 At the rate they're going they could potentially They could Let me see what's 2.8 divided by They could potentially end the year at 3.7 um 3.7 It's still less than 100 growth because 2020 was 2.5 They would need to hit 5.0 for 100 increase So they can they're they're pretty in line. They're you know 0.57 right now And that's probably how they're going to end the year unless something something new comes out So if you let's if we were to take lashes price at like 44 times like 57 It's around 69 So we could see some recovery to the 69s right here That would make sense Yeah, so I guess I guess in a way this drop is a little bit overreaction We if we put into like that perspective Um, let me see what Steph was talking about before You still here Steph? Have some cheap option put for apple short long term Have some cheap option put to apple short long term position at june 2020 at 120s Oh, well, they were super cheap at price build a break up above the weekly road like rated high And then support transition and you know what you think Yeah, definitely tomorrow Why are you shorting um Why are you bearish on on apple Steph? Damn cp. You think even snapchat would be 100 by the end of the year I mean, I could see 88. I can justify 88 at best I don't know about 100. Yeah last year was trading at 37 36 37 dollars But yeah, that's pretty much it for the day. I'm gonna end here. We'll be back tomorrow. We'll check up. Um We'll check out some charts Got some interesting earnings for tomorrow between a max um Seagate I took a lot on seagate expecting a bullish move there could be wrong might get wreck. We'll see Um, then we got honey honey well and simply good. So we'll see how those things do and play out but We'll be back here tomorrow. We'll probably take a look at more charts and stuff. So if you guys want to get some charts Um, look that and things like that. Bye bye tomorrow Otherwise take care and have a good night guys