2 Funds that Invest in Bitcoin (GBTC, ARKW)

Bitcoin Just Hit $8,000 -- Here's What's Pushing It Up | Speculation that the SEC will approve a Bitcoin exchange traded fund (ETF), allowing people to buy BTC outside of exchanges

Bitcoin Just Hit $8,000 -- Here's What's Pushing It Up | Speculation that the SEC will approve a Bitcoin exchange traded fund (ETF), allowing people to buy BTC outside of exchanges submitted by UncreativeTeam to savedyouaclick [link] [comments]

My buddies own a large private equity fund and are freaking out trying to buy BTC. They dont even care about the ETF. They are panicking because of Hong Kongs and Coinbases custodial serves. /r/Bitcoin

My buddies own a large private equity fund and are freaking out trying to buy BTC. They dont even care about the ETF. They are panicking because of Hong Kongs and Coinbases custodial serves. /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Friend just got $280,000. Buy house in Round Rock, or invest money in etf and mutual fund? /r/Austin

Bitcoin mentioned around Reddit: Friend just got $280,000. Buy house in Round Rock, or invest money in etf and mutual fund? /Austin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[ShowerThought] Maybe the bankers, hedge fund managers and wealthy elite are buying up all the bitcoin with their own money, before they pump the crap out of futures and ETF's with other peoples money, causing bitcoin to go then go even higher? /r/Bitcoin

[ShowerThought] Maybe the bankers, hedge fund managers and wealthy elite are buying up all the bitcoin with their own money, before they pump the crap out of futures and ETF's with other peoples money, causing bitcoin to go then go even higher? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Still No Bitcoin ETF in the US: What's Happening?

Still No Bitcoin ETF in the US: What's Happening? submitted by SaneFive to Bitcoin [link] [comments]

Fidelity’s Chief Strategist starts Bitcoin Index Fund with $100K minimum buy-in

https://www.coindesk.com/fidelitys-chief-strategist-starts-bitcoin-index-fund
Some key points:
"Wise Origin Bitcoin Index Fund I, LP" has a $100,000 minimum buy-in and a high-ranking executive officer to boot: Peter Jubber, head of strategy and planning for the increasingly crypto-friendly investments giant Fidelity.
Disclosed in a Wednesday morning filing with the Securities and Exchange Commission, the fund is the latest example of Wall Street veterans warming up to bitcoin. Fidelity, one of the largest mutual fund firms in the U.S., is also leading the Street in bitcoin research and services.
Wise Origin links back to Fidelity Investments via Jubber and Fidelity's brokerage service and distribution subsidiaries, both of which are set to receive sales compensation from the new fund. It also shares a Boston office building with Fidelity.
submitted by Tiaan to investing [link] [comments]

Investing when you don't trust [that] your own judgement [lines up with popular trends]

At 37, better a little late then never, I finally understand I need to invest my money. I've read advice that "if you have expertise in a field, why not use that to inform what companies you invest in?"
Here's the problem: as a tech geek / early adopter I tend to get the technical fundamentals right, but bet on the wrong horse every time. I zig just before the general population zags. I know this about myself, so it makes me question how I could trust myself to pick investments.
For example, I invested a lot of time, and some of my money, on a pre-Android Linux phone and learning how to develop for it. A few months later, the first iPhone came out. Right idea, wrong timing - I missed the mobile app developer bandwagon by being too early. Of course I could have pivoted to the new platform, but rode the sinking ship instead. Plus my tightwad (now ex-)wife at the time wouldn't stand for me putting $$$ on a different smartphone so soon after "wasting" $$$ on a dud.
In 2010 I thought Facebook was crazy to turn down a $24B offer from Microsoft. I predicted that people my age and younger would soon become disillusioned with the platform and might start leaving it in droves. I predicted FB would become and remain an irrelevant cesspool of sh!tposts and political memes. Plus you know, privacy concerns and all that. Well you all know how that turned out both in what did happen and how little long term effect it has had on FB's market value.
In 2009 (post crash) I supported / encouraged my (now ex-)wife at the time in buying our first house, because I envisioned that entities able to buy up properties for cash, such as (foreign) investment firms and rental companies were going to soon start out-competing individuals for houses on the market. I think I thought the concerning half of every trend over 2010-2020 was going to take place in 2009-2011. That didn't happen (then), and when we wanted to move the house failed to sell; she still lives in it.
I was aware of Bitcoin from early on. I could have easily mined it when it was still energy efficient to do so on a PC (and I had a collection of powerful PCs for the time), but I thought it was foolishness and didn't want any part of it.
It's like that episode of King of the Hill where Peggy figures out that by following Bill around as he shops and seeing what he buys she can know what to invest in because Bill is such an "everyman." Except in my case maybe you should pass on the things I pick for myself.
submitted by valdocs_user to investing [link] [comments]

(CO) What should I do with $20k? What is the best way to invest it and how?

I sold my home and will have extra money that I want to invest. It's about $20k. I'm a teacher so I'll never really make that much money so I want to.be able to I vest this now to insure my future and that of my two young kids. What should I do and how should I do.... I have never been good with money.
submitted by sunnysunday to Money [link] [comments]

"Bitcoin is too volatile"

submitted by dan_held to Bitcoin [link] [comments]

The underrated stock survey! Submit your picks for the community to track

Following on the previous tracking post (http://redd.it/i2mmzg) and the highly upvoted request from DJ-Ascii , I've set up this post for another round of underrated or undervalued stock picks.
As before, let us know what stock you believe is underrated and a consistent winner that has done well for you, or you believe will do well going forward.
In order to make this easier to track please use the following guidelines for submitting.
  1. Only one submission per comment. You can make multiple comments, but please only submit one stock per comment.
  2. Please include at least the ticker and the company name. Feel free to explain why you think this is a good stock.
I'll add these new picks alongside the old survey so as to update you on each portfolio over time. Don't worry about any overlaps.
Edit 1: I've compiled everyone who has posted so far, but I'll look out for any final additions tomorrow. The list will then be locked EOD on Friday the 7th of August, and all prices will start from there.
Edit 2: All picks have now been locked down and consolidated into the list below. Stocks are sorted in alphabetical order of their company name and the ID corresponds to the approximate order in which they were submitted. The next update will be in 30 days.
ID Company Symbol Provided by Upvotes 8/7/2020
194 10X Genomics Inc TXG Unlucky-Prize 1 $96.13
111 1ST TR EXCHANGE/NASDAQ CEA CYBERSEC CIBR komoggmu321 1 $35.40
176 2U Inc TWOU DickDaddy 1 $41.49
110 AAR Corp. AIR paulo92834 4 $18.77
180 ACM Research Inc ACMR moveitover 1 $101.92
23 Activision Blizzard, Inc. ATVI Mondanivalo 12 $82.47
8 Advanced Micro Devices, Inc. AMD ArneGo, apqwer, LoveOfProfit 13 $84.85
28 Ageagle Aerial Systems Inc UAVS fishkillr 16 $3.26
205 Agraflora Organics International Inc AGRA spreeshark 1 $0.05
22 Air Canada TSE:AC priamXus 0 $15.73
19 Alexion Pharmaceuticals, Inc. ALXN fisk47 39 $103.28
70 Alibaba Group Holding Ltd - ADR BABA helio987, ScreeMart, Necessary_Club_6714 -1 $252.10
17 Ally Financial Inc ALLY jcurtis44 1 $21.47
24 Alteryx Inc AYX Kme2 30 $121.38
222 Altimmune Inc ALT Spes-Caritas 1 $27.38
117 Altria Group Inc MO ARGENT_UM_PUR, gm14202 1 $42.17
143 American Tower Corp AMT editviewgo 1 $257.61
175 American Water Works Company Inc AWK InfamousLegato 1 $149.79
183 Anglo Asian Mining LON:AAZ krenaldi1 1 $161.50
129 Aphria Inc APHA Aprhria, Bdghablig 1 $4.47
119 Apple Inc. AAPL tcldstnvdw -1 $444.45
184 Ares Capital Corporation ARCC ThemChecks 1 $14.87
54 ASML Holding NV ASML EthosPathosLegos, earthmoonsun 15 $366.07
113 Atlassian Corporation PLC TEAM shadowrckts 1 $170.93
224 Avalara Inc AVLR nomdeplume_alias 1 $122.71
244 Axon Enterprise Inc AAXN ansofteng 1 $83.88
150 Aytu Bioscience Inc AYTU Bkzkilla2, beefy-ambulance, subaruveganguy22 2 $1.38
236 Banco Bbva Argentina SA BBAR GAV17 1 $4.23
128 Bank of America Corp BAC oobydoobydoobydoo, wrs97 2 $26.11
247 BELLUS Health Inc BLU NhatNguyen2112 1 $2.74
29 Berkshire Hathaway Inc. Class B BRK.B Jeroen_Jrn, Cuza 31 $209.48
45 Best Buy Co Inc BBY 1madeamistake 2 $102.90
35 Beyond Meat Inc BYND Kreisensalat, Flipside 8 $131.51
33 BlackBerry Ltd BB mh1t, EthosPathosLegos 25 $4.84
208 Blackline Inc BL veebeew 2 $79.26
196 Booz Allen Hamilton Holding Corporation BAH i_smel_hookers 1 $84.67
75 Boston Beer Company Inc SAM Top_Island 2 $825.79
114 Brainstorm Cell Therapeutics Inc BCLI BigSexyTolo 2 $12.79
92 Brookfield Asset Management Inc BAM duongroi, Avaronah 2 $32.32
187 Brookfield Property Partners LP Unit BPY Onarco 1 $11.75
140 Brookfield Renewable Partners LP BEP YourPineapplePunch 1 $45.25
227 Cameco Corp CCJ jh4962772, Commandobolt, 3STmotivation 13 $10.37
109 Canadian Solar Inc. CSIQ MrMineHeads, vvv561 6 $25.32
204 Cardlytics Inc CDLX whossayn, YarManYak 2 $66.28
146 CBS Corporation Common Stock VIAC 1987supertramp 1 $26.21
74 CD PROJEKT S A/ADR OTGLY Thtb 8 $28.50
229 CDW common stock CDW plorfu 1 $114.77
95 CEL-SCI Corporation CVM Golden_Pineapple 1 $12.19
242 Chegg Inc CHGG Boots2243 1 $86.98
36 Cloudflare Inc NET thereisnospoongeek, olliemacg, Boots2243 220 $40.06
80 COLLIER CREEK H/SH CL A CCH RIC_FLAIR-WOOO 5 $13.84
246 Coty Inc COTY NhatNguyen2112 1 $4.00
209 Cresco Labs Inc CRLBF UncleSlippyFist 1 $6.28
3 Crispr Therapeutics AG CRSP emtvaikkajoku 98 $89.81
142 Crown Castle International Corp CCI jkgator 1 $168.19
16 CureVac Pending IPO Tangerinho 8 #N/A
223 CVS Health Corp CVS handsomeandsmart_ 2 $64.96
65 Cyberark Software Ltd CYBR Kevenam 2 $110.59
239 CytoDyn Inc CYDY dufmum 1 $4.79
165 Daqo New Energy Corp DQ stonk_daddy 1 $122.55
241 DexCom, Inc. DXCM InformalAid 1 $440.70
6 Dicerna Pharmaceuticals Inc DRNA earthmoonsun 7 $21.03
73 Digital Turbine Inc APPS toop4 6 $22.59
130 Docusign Inc DOCU h3ku, Teach-101 0 $204.76
185 Draftkings Inc DKNG boomshalock 1 $34.09
39 Drive Shack Inc DS Bobjenkins97 2 $1.65
4 Editas Medicine Inc EDIT earthmoonsun 7 $34.71
145 Edwards Lifesciences Corp EW TheTubbyOlive 1 $76.94
139 EHang Holdings Ltd - ADR EH TheEUR0PEAN 1 $9.21
230 Electrameccanica Vehicles Corp SOLO IHaveUsernameBlock 1 $3.07
118 Elevate Credit Inc ELVT ScoreFuture 1 $2.58
218 Else Nutrition Holdings Inc BABYF PringlesAreUs 1 $1.36
85 Empire State Realty Trust Inc ESRT silverpaw1786 4 $6.66
21 Enphase Energy Inc ENPH deGoblin 31 $72.84
197 Equinix Inc EQIX gce1010 3 $791.70
86 Essent Group Ltd ESNT veggie-man 1 $35.82
235 Etsy Inc ETSY PeskyShart 1 $135.06
84 Fastly Inc FSLY AwesomeMathUse 3 $79.33
93 Federal National Mortgage Association FNMA figbuilding, onkel_axel 2 $2.12
168 Fire & Flower Holdings Corp TSE:FAF tobcar 1 $1.01
207 First Mining Gold Corp FFMGF RecCenterBall 0 $0.41
219 FLIR Systems, Inc. FLIR zerokarma 1 $37.48
52 Fluor Corporation (NEW) FLR lost_searching 2 $11.38
90 FORUM MERGER II/SH CL A FMCI Mug_of_coffee 3 $14.53
81 Franco Nevada Corp FNV AwesomeMathUse 1 $153.57
155 FuelCell Energy Inc FCEL i-kno-nothing, dewaser 2 $2.68
98 Games Workshop Group PLC OTCMKTS:GMWKF MAUSECOP, Thenattylimit 2 $120.95
115 GameStop Corp. GME EmployerOfTheMonth 2 $4.16
200 Gan Ltd GAN emcdeezy22 2 $20.29
159 General Motors Company GM Buttershine_Beta -1 $26.72
251 Genius Brands International Inc GNUS due11 1 $1.59
156 GFL Environmental Inc GFL lenadunhamsbutthole 1 $21.56
99 Gilead Sciences, Inc. GILD Leroy--Brown 1 $69.35
138 GLB X FUNDS/HEALTH & WELLNESS T BFIT Venhuizer 2 $20.69
126 GLB X FUNDS/VIDEO GAMES & ESPORTS E HERO sgtyzi 1 $26.00
186 Golden Minerals Co AUMN YEEEEEAAAAA 1 $0.44
151 Gran Colombia Gold Corp TSE:GCM Linnake 0 $7.46
67 Grayscale Bitcoin Trust (Btc) GBTC asherlevi 2 $13.06
234 Great Panther Mining Ltd GPL Tony0x01 1 $0.93
152 H&R Real Estate Investment Trust HR.UN CaptainCanuck93 0 $10.34
122 Helen of Troy Limited HELE aa341 1 $201.26
55 Hikma Pharmaceuticals Plc HKMPF Marvins-Room 1 $31.08
20 Horizon Therapeutics PLC HZNP thesearchforanswer 3 $76.06
103 Huntington Ingalls Industries Inc HII howtoreadspaghetti 1 $167.90
9 IAC/Interactivecorp IAC dvdmovie1 36 $133.05
61 Ibio Inc IBIO PrairieDogger69 1 $3.80
101 Immunovia AB (publ) IMMNOV jennyther 3 $161.60
108 Ingles Markets, Incorporated IMKTA kimjungoon 1 $42.97
77 Inmode Ltd INMD meta-cognizant, craneman813 4 $31.77
123 Innovative Industrial Properties Inc IIPR Dalis_Ktm 1 $114.63
201 Inseego Corp INSG esoccer141414 1 $12.08
214 Inspire Medical Systems Inc INSP JPINFV2 1 $104.92
134 Intel Corporation INTC ionlypwn, TitanCrasher54, niknikniknikniknik1 5 $48.03
5 Intellia Therapeutics Inc NTLA earthmoonsun 7 $19.83
164 Intuitive Surgical, Inc. ISRG swalloforswallo 2 $685.85
252 INVESCO EXCHANG/SOLAR ETF TAN z74al 2 $51.20
71 InVitae Corp NVTA emtvaikkajoku, CrackHeadRodeo 6 $28.43
228 ISHARES TGLB CLEAN ENERGY ET ICLN drheman25Q 1 $15.88
112 John B. Sanfilippo & Son, Inc. JBSS chris011186 2 $89.24
171 JPMorgan Chase & Co. JPM wrs97 1 $99.38
58 Jumia Technologies AG - ADR JMIA Jerund, souptrades, 7YearOldCodPlayer, CharlieBrown364, fortnitehead 7 $19.26
144 Kaleyra Inc KLR souptrades 1 $5.87
158 KEFI Minerals plc LON:KEFI Scipio-Africannabis- 1 $1.88
216 Kirkland Lake Gold Ltd KL Newusername 1 $52.58
238 Kroger Co KR bxkrish 1 $35.24
2 Lemonade Inc LMND br1ghtness, skkreet, hahadumblloyd 4 $66.84
15 Limelight Networks, Inc. LLNW cyberdex, thug_funnie 3 $6.10
63 Livongo Health Inc LVGO staniel_diverson, Raybay192, Drifter 1996, moveitover 22 $120.88
182 Logitech International SA LOGI CharlieBrown364 1 $73.03
217 LONZA GRP AG/ADR LZAGY Fuck512 1 $62.92
66 Lydall, Inc. LDL Henisockle 1 $20.89
191 Macerich Co MAC skvettlappen 1 $7.85
97 Magnachip Semiconductor Corp MX samtony234 1 $12.08
233 Mamamancini's Holdings Inc MMMB Jayesslee 1 $1.70
88 Match Group Inc MTCH BallinLikeImKobe24 1 $115.88
79 Maverix Metals Inc MMX AwesomeMathUse 1 $4.61
107 Maxar Technologies Inc MAXR Borne2Run 1 $24.74
221 Mediwound Ltd MDWD blueblade408 1 $3.91
34 Mercadolibre Inc MELI pontoumporcento 14 $1,193.97
161 Micron Technology, Inc. MU Wexoch 3 $48.75
253 Microsoft Corporation MSFT TBSchemer 34 $212.48
179 Millicom International Cellular SA(SWE) STO:TIGO-SDB joseph460 1 $245.50
116 Mills Music Trust Unit OTCMKTS:MMTRS ARGENT_UM_PUR 1 $39.00
10 Molson Coors Beverage Co Class B TAP howtoreadspaghetti 1 $37.27
170 Morgan Stanley MS wrs97 1 $50.35
127 Naspers Limited NPSNY Demandredz 1 $34.60
11 Nathan's Famous, Inc. NATH howtoreadspaghetti 1 $51.25
181 NCR Corporation NCR IAMBEOWULFF, fistymonkey1337 4 $20.11
211 NESTLE S A/S ADR NSRGY suburban_robot 1 $118.47
124 New Relic Inc NEWR Dalis_Ktm 1 $53.62
249 New York Mortgage Trust Inc NYMT ToKeepAndToHoldForev 1 $2.77
162 New York Times Co NYT jonhuang 1 $45.61
69 Nio Inc - ADR NIO makesalotofmoney, Carrera_GT, Charlie Brown364 3 $13.42
59 Nokia Oyj NOK perfectriot, LiabilityFree 52 $4.98
37 Novacyt SA ALNOV Snoopmatt 1 $3.60
254 Nuance Communications Inc. NUAN IwantmyMTZ 1 $29.48
13 NVIDIA Corporation NVDA TBSchemer, friedtea15 66 $447.98
198 NVR, Inc. NVR Linnake 1 $3,875.01
154 Okta Inc OKTA Bcr731 3 $208.23
160 Opko Health Inc. OPK CS1026 1 $5.63
100 ORSTED A/S/ADR DNNGY BrentfordFC21 2 $47.37
190 Otonomy Inc OTIC Unlucky-Prize 1 $3.56
46 Oxford BioMedica plc OXB arabidopsis 12 $850.00
121 Pacific Ethanol Inc PEIX adamtejot 1 $2.69
220 Pagerduty Inc PD throthrowth 2 $29.85
25 Pan African Resources plc PAF Fruity_Pineapple 2 $26.30
245 Paradox Interactive AB (publ) OTCMKTS:PRXXF I_worship_odin 1 $24.30
174 Patriot One Technologies Inc PTOTF DanReynolds 1 $0.73
148 Peabody Energy Corporation BTU aviatoraway1 0 $2.52
237 Peloton Interactive Inc PTON loosetingles 1 $68.30
188 Penn National Gaming, Inc PENN Calpool 1 $49.00
87 Pershing Square Tontine Holdings, Ltd NYSE:PSTH-UN 5_yr_lurker 7 $21.08
31 Pharmacyte Biotech Inc PMCB DillieTheSquid 0 $0.01
47 Pinterest Inc PINS EthanPhan 10 $34.98
149 Planet 13 Holdings Inc PLNHF MMatter1 3 $2.67
43 Plug Power Inc PLUG lukwas_ 4 $11.28
147 Polaris Infrastructure Inc RAMPF CaptainCanuck93 1 $11.50
120 Prologis Inc PLD ImPinkSnail 5 $105.07
250 PROSHARES TULTRA MSCI JAPAN EZJ Necessary_Club_6714 1 $32.13
132 PROSHARES TULTRAPRO QQQ TQQQ iggy555, Guiterrezjm6 5 $126.99
48 Proto Labs Inc PRLB JEesSs 3 $130.13
166 Purple Innovation Inc PRPL jloy88, CharlieBrown364, RemiMartin 6 $23.95
44 Raytheon Technologies Corp RTX anon2019L 21 $61.23
210 Razer Inc RAZFF ThatOneRedditBro 1 $0.22
32 Realty Income Corp O bushysmalls 5 $62.72
199 Redfin Corp RDFN shreddit47 8 $43.69
206 RENAULT S A/ADR RNLSY jw8700 1 $5.33
178 Retractable Technologies, Inc. RVP EmreCanPuns 1 $10.18
94 Rigel Pharmaceuticals, Inc. RIGL Gay_Demons 1 $2.58
203 Rite Aid Corporation RAD ManagerMilkshake 1 $15.05
12 Rocky Mountain Chocolate Factory, Inc. RMCF howtoreadspaghetti 1 $3.20
163 Schrodinger Inc SDGR TipasaNuptials, asianmarysue, RattleGoreBitcoin 1 $71.17
72 Sea Ltd SE scatterblodded, tradeintel828384839, thug_funnie, Meymo 16 $129.00
215 ServiceNow Inc NOW cookingboy 1 $431.21
189 Shiloh Industries, Inc. SHLO brainbroked 1 $1.40
82 Shopify Inc SHOP AwesomeMathUse -1 $1,053.12
213 Sibanye Stillwater Ltd SBSW marqui4me 1 $11.39
231 Simulations Plus, Inc. SLP hellohi3 1 $65.83
173 SiTime Corp SITM drbh_ 1 $58.92
248 Six Flags Entertainment Corp SIX EthosPathosLegos 1 $18.38
202 Slack Technologies Inc WORK AntwanDixon_ 2 $28.95
51 SmileDirectClub Inc SDC meeni131 3 $9.05
49 Solaredge Technologies Inc SEDG m4r1vs 14 $211.47
27 Sony Corp SNE drorhac 13 $80.03
177 Sorrento Therapeutics Inc SRNE DowJonesLocker 1 $14.42
225 SPARTAN ENERGY /SH SPAQ bigsexy12 1 $12.36
40 Spirit Airlines Incorporated SAVE Matous_Palecek 0 $17.28
153 Spotify Technology SA SPOT _Hard4Jesus 0 $252.12
7 Square Inc SQ cuti95, ConstructivePlayer, Lfastrsx, jercky, CharlieBrown364 21 $147.22
1 StoneCo Ltd STNE GromGrommeta 73 $49.06
104 SunPower Corporation SPWR Hadouukken 1 $11.86
60 Sunrun Inc RUN FactualNeutronStar 2 $46.00
195 Switch Inc SWCH gce1010 1 $18.03
83 Taal Distributed Information Techs Inc TAAL AwesomeMathUse 1 $1.85
76 Taiwan Semiconductor Mfg. Co. Ltd. TSM Paks_12345, sogladatwork, BlissfulThinkr 13 $80.03
102 Tandem Diabetes Care Inc TNDM liao24 1 $104.15
169 Target Corporation TGT Kosher-Bacon 1 $131.75
26 Tesla Inc TSLA Skurinator, goldcakes, redmars1234, Drortmeyer2017 3 $1,452.71
137 TJX Companies Inc TJX princess-smartypants 3 $55.45
18 Toronto-Dominion Bank TD robbierox123 0 $45.77
141 TPI Composites Inc TPIC polwas 1 $28.81
53 Trade Desk Inc TTD all_hail_hypno, Kay312010 6 $493.20
106 TransMedics Group Inc TMDX DropoutEngy 1 $18.05
131 TransUnion TRU AndyCircus 0 $87.38
78 Travelcenters of America Inc TA jk_tilt 1 $17.27
226 Trevena Inc TRVN pacosteles 1 $2.38
243 Trulieve Cannabis Corp TCNNF grphelps1, Cucumber_Cooling 2 $18.83
38 Tupperware Brands Corporation TUP Scumbaggedfriends 1 $14.98
68 Turtle Beach Corp HEAR chancsc11 1 $18.37
62 Twilio Inc TWLO MarconianRex 8 $249.00
41 Uber Technologies Inc Uber DukeBD2021 -1 $32.90
96 Unibail-Rodamco-Westfield SE URW eams66 2 $42.44
125 Universal Display Corporation OLED niknikniknikniknik1 1 $186.51
64 Valero Energy Corporation VLO chickenandcheesefart 1 $52.66
133 Vanguard Total Stock Market Index Fund Admiral Shares VTSAX WackyBeachJustice 1 $82.67
135 Veeva Systems Inc VEEV JohnSpartans 3 $261.22
193 Ventas, Inc. VTR Unlucky-Prize 1 $41.52
57 VirnetX Holding Corporation VHC vyts18 2 $5.26
172 VMware, Inc. VMW kingbrow2020 1 $142.31
50 VolitionRX Ltd VNRX RiDDDiK1337 1 $3.35
91 Waitr Holdings Inc WTRH exstaticj 1 $5.15
14 Walker & Dunlop, Inc. WD TBSchemer 0 $57.70
167 Walmart Inc WMT anthonyjh21 6 $129.97
30 Walt Disney Co DIS jadenmc2189, biz_student 6 $129.93
192 WELL Health Technologies Corp TSE:WELL Unlucky-Prize, IcemanVish 2 $4.49
105 Wells Fargo & Co WFC yehdhbdjdjd 1 $25.07
240 Westinghouse Air Brake Technologies Corp WAB warman506 1 $67.23
42 Wizz Air Holdings PLC WIZZ Matous_Palecek 2 $3,412.00
157 Workhorse Group Inc WKHS VisionsDB 5 $16.52
89 Xebec Adsorption Inc. XBC Mug_of_coffee 3 $4.95
232 Xpel Inc XPEL Bkazzle 1 $20.06
212 Yeti Holdings Inc YETI boomwhackers 1 $50.40
136 Zagg Inc ZAGG ni_shi_shei 2 $3.98
56 Zoetis Inc ZTS BearBearChooey 19 $158.88
submitted by Kme2 to investing [link] [comments]

The underrated stock survey: one month in on /r/investing investing prowess

Following my post from last month (https://www.reddit.com/investing/comments/i2thge/), please see below for an update on how everyone's picks are doing one month in.
Key takeaways:
  1. 253 picks are still active and being tracked
  2. Overall average return of -1.27%, with an equal weighted return of -1.25%
  3. Highest returning pick: Pacific Ethanol (PEIX), a COVID play made by adamtejot for +78%
  4. If you invested in the top 5 most upvoted stocks (NET, CRSP, STNE, NVDA, NOK), you would have seen a return of -8.9%
  5. If you invested in the top 5 most controversial stocks (TSLA, WD, AMD, LMND, UBER), you would have seen a return of 0.0%
  6. The top 10 gainers in order (PEIS, FMCI, TUP, BABYF, GME, WELL, CVAC, WKHS, KEFI, NIO) provided an average equal weighted return of ~49%
For a full list of performance as of NOON EST, see below:
ID Company Symbol Provided by Upvotes 8/7/2020 9/11/2020 Increase
121 Pacific Ethanol Inc PEIX adamtejot 1 $2.69 $4.78 78%
90 FORUM MERGER II/SH CL A FMCI Mug_of_coffee 3 $14.53 $25.38 75%
38 Tupperware Brands Corporation TUP Scumbaggedfriends 1 $14.98 $23.89 59%
218 Else Nutrition Holdings Inc BABYF PringlesAreUs 1 $1.36 $2.06 51%
115 GameStop Corp. GME EmployerOfTheMonth 2 $4.16 $6.12 47%
192 WELL Health Technologies Corp TSE:WELL Unlucky-Prize, IcemanVish 2 $4.49 $6.33 41%
157 Workhorse Group Inc WKHS VisionsDB 5 $16.52 $23.06 40%
16 CureVac CVAC Tangerinho 8 $55.90 $77.20 38%
158 KEFI Gold and Copper Plc LON:KEFI Scipio-Africannabis- 1 $1.88 $2.58 37%
69 Nio Inc - ADR NIO makesalotofmoney, Carrera_GT, Charlie Brown364 3 $13.42 $17.90 33%
144 Kaleyra Inc KLR souptrades 1 $5.87 $7.75 32%
237 Pelaton PTON loosetingles 1 $68.30 $89.44 31%
245 Paradox Interactive AB (publ) OTCMKTS:PRXXF I_worship_odin 1 $24.30 $31.70 30%
80 UTZ BRANDS INC/SH CL A NV UTZ RIC_FLAIR-WOOO 5 $13.84 $17.76 28%
194 10X Genomics Inc TXG Unlucky-Prize 1 $96.13 $123.17 28%
26 Tesla Inc TSLA Skurinator, goldcakes, redmars1234, Drortmeyer2017 3 $290.54 $371.75 28%
78 Travelcenters of America Inc TA jk_tilt 1 $17.27 $21.75 26%
185 Draftkings Inc DKNG boomshalock 1 $34.09 $42.80 26%
233 Mamamancini's Holdings Inc MMMB Jayesslee 1 $1.70 $2.10 24%
225 SPARTAN ENERGY /SH SPAQ bigsexy12 1 $12.36 $15.21 23%
214 Inspire Medical Systems Inc INSP JPINFV2 1 $104.92 $128.80 23%
51 SmileDirectClub Inc SDC meeni131 3 $9.05 $11.06 22%
60 Sunrun Inc RUN FactualNeutronStar 2 $46.00 $56.11 22%
101 Immunovia AB (publ) IMMNOV jennyther 3 $161.60 $197.00 22%
188 Penn National Gaming, Inc PENN Calpool 1 $49.00 $59.72 22%
213 Sibanye Stillwater Ltd SBSW marqui4me 1 $11.39 $13.74 21%
248 Six Flags Entertainment Corp SIX EthosPathosLegos 1 $18.38 $22.17 21%
232 Xpel Inc XPEL Bkazzle 1 $20.06 $24.16 20%
149 Planet 13 Holdings Inc PLNHF MMatter1 3 $2.67 $3.20 20%
71 InVitae Corp NVTA emtvaikkajoku, CrackHeadRodeo 6 $28.43 $33.28 17%
179 Millicom International Cellular SA(SWE) STO:TIGO-SDB joseph460 1 $245.50 $287.00 17%
48 Proto Labs Inc PRLB JEesSs 3 $130.13 $150.38 16%
22 Air Canada TSE:AC priamXus 0 $15.73 $18.02 15%
159 General Motors Company GM Buttershine_Beta -1 $26.72 $30.51 14%
148 Peabody Energy Corporation BTU aviatoraway1 0 $2.52 $2.84 13%
199 Redfin Corp RDFN shreddit47 8 $43.69 $49.15 12%
146 CBS Corporation Common Stock VIAC 1987supertramp 1 $26.21 $29.46 12%
109 Canadian Solar Inc. CSIQ MrMineHeads, vvv561 6 $25.32 $28.40 12%
169 Target Corporation TGT Kosher-Bacon 1 $131.75 $147.67 12%
41 Uber Technologies Inc Uber DukeBD2021 -1 $32.90 $36.72 12%
95 CEL-SCI Corporation CVM Golden_Pineapple 1 $12.19 $13.51 11%
55 Hikma Pharmaceuticals Plc HKMPF Marvins-Room 1 $31.08 $34.38 11%
17 Ally Financial Inc ALLY jcurtis44 1 $21.47 $23.71 10%
173 SiTime Corp SITM drbh_ 1 $58.92 $64.80 10%
190 Otonomy Inc OTIC Unlucky-Prize 1 $3.56 $3.90 10%
13 NVIDIA Corporation NVDA TBSchemer, friedtea15 66 $447.98 $490.43 9%
72 Sea Ltd SE scatterblodded, tradeintel828384839, thug_funnie, Meymo 16 $129.00 $141.21 9%
243 Trulieve Cannabis Corp TCNNF grphelps1, Cucumber_Cooling 2 $18.83 $20.49 9%
73 Digital Turbine Inc APPS toop4 6 $22.59 $24.51 8%
70 Alibaba Group Holding Ltd - ADR BABA helio987, ScreeMart, Necessary_Club_6714 -1 $252.10 $271.66 8%
206 RENAULT S A/ADR RNLSY jw8700 1 $5.33 $5.74 8%
234 Great Panther Mining Ltd GPL Tony0x01 1 $0.93 $1.00 8%
77 Inmode Ltd INMD meta-cognizant, craneman813 4 $31.77 $34.15 7%
97 Magnachip Semiconductor Corp MX samtony234 1 $12.08 $12.97 7%
79 Maverix Metals Inc MMX AwesomeMathUse 1 $4.61 $4.93 7%
145 Edwards Lifesciences Corp EW TheTubbyOlive 1 $76.94 $82.17 7%
250 PROSHARES TULTRA MSCI JAPAN EZJ Necessary_Club_6714 1 $32.13 $34.31 7%
98 Games Workshop Group PLC OTCMKTS:GMWKF MAUSECOP, Thenattylimit 2 $120.95 $129.15 7%
123 Innovative Industrial Properties Inc IIPR Dalis_Ktm 1 $114.63 $122.40 7%
167 Walmart Inc WMT anthonyjh21 6 $129.97 $137.78 6%
227 Cameco Corp CCJ jh4962772, Commandobolt, 3STmotivation 13 $10.37 $10.99 6%
18 Toronto-Dominion Bank TD robbierox123 0 $45.77 $48.26 5%
124 New Relic Inc NEWR Dalis_Ktm 1 $53.62 $56.52 5%
114 Brainstorm Cell Therapeutics Inc BCLI BigSexyTolo 2 $12.79 $13.47 5%
138 GLB X FUNDS/HEALTH & WELLNESS T BFIT Venhuizer 2 $20.69 $21.76 5%
45 Best Buy Co Inc BBY 1madeamistake 2 $102.90 $107.74 5%
193 Ventas, Inc. VTR Unlucky-Prize 1 $41.52 $43.43 5%
29 Berkshire Hathaway Inc. Class B BRK.B Jeroen_Jrn, Cuza 31 $209.48 $218.92 5%
215 ServiceNow Inc NOW cookingboy 1 $431.21 $450.52 4%
86 Essent Group Ltd ESNT veggie-man 1 $35.82 $37.39 4%
254 Nuance Communications Inc. NUAN IwantmyMTZ 1 $29.48 $30.77 4%
198 NVR, Inc. NVR Linnake 1 $3,875.01 $4,036.96 4%
1 StoneCo Ltd STNE GromGrommeta 73 $49.06 $51.07 4%
43 Plug Power Inc PLUG lukwas_ 4 $11.28 $11.72 4%
35 Beyond Meat Inc BYND Kreisensalat, _Flipside_ 8 $131.51 $136.50 4%
134 Intel Corporation INTC ionlypwn, TitanCrasher54, niknikniknikniknik1 5 $48.03 $49.85 4%
252 INVESCO EXCHANG/SOLAR ETF TAN z74al 2 $51.20 $52.99 3%
208 Blackline Inc BL veebeew 2 $79.26 $81.95 3%
117 Altria Group Inc MO ARGENT_UM_PUR, gm14202 1 $42.17 $43.58 3%
164 Intuitive Surgical, Inc. ISRG swalloforswallo 2 $685.85 $708.14 3%
83 Taal Distributed Information Techs Inc TAAL AwesomeMathUse 1 $1.85 $1.91 3%
19 Alexion Pharmaceuticals, Inc. ALXN fisk47 39 $103.28 $106.62 3%
75 Boston Beer Company Inc SAM Top_Island 2 $825.79 $850.00 3%
228 ISHARES TGLB CLEAN ENERGY ET ICLN drheman25Q 1 $15.88 $16.28 3%
87 Pershing Square Tontine Holdings, Ltd NYSE:PSTH-UN 5_yr_lurker 7 $21.08 $21.60 2%
30 Walt Disney Co DIS jadenmc2189, biz_student 6 $129.93 $133.00 2%
211 NESTLE S A/S ADR NSRGY suburban_robot 1 $118.47 $121.20 2%
186 Golden Minerals Co AUMN YEEEEEAAAAA 1 $0.44 $0.45 2%
102 Tandem Diabetes Care Inc TNDM liao24 1 $104.15 $106.48 2%
135 Veeva Systems Inc VEEV JohnSpartans 3 $261.22 $266.74 2%
231 Simulations Plus, Inc. SLP hellohi3 1 $65.83 $67.11 2%
92 Brookfield Asset Management Inc BAM duongroi, Avaronah 2 $32.32 $32.91 2%
127 Naspers Limited NPSNY Demandredz 1 $34.60 $35.19 2%
129 Aphria Inc APHA Aprhria, Bdghablig 1 $4.47 $4.54 2%
171 JPMorgan Chase & Co. JPM wrs97 1 $99.38 $100.86 1%
40 Spirit Airlines Incorporated SAVE Matous_Palecek 0 $17.28 $17.53 1%
240 Westinghouse Air Brake Technologies Corp WAB warman506 1 $67.23 $68.18 1%
204 Cardlytics Inc CDLX whossayn, YarManYak 2 $66.28 $67.21 1%
216 Kirkland Lake Gold Ltd KL New_username_ 1 $52.58 $53.30 1%
244 Axon Enterprise Inc AAXN ansofteng 1 $83.88 $84.93 1%
32 Realty Income Corp O bushysmalls 5 $62.72 $63.44 1%
42 Wizz Air Holdings PLC WIZZ Matous_Palecek 2 $3,412.00 $3,443.23 1%
170 Morgan Stanley MS wrs97 1 $50.35 $50.80 1%
126 GLB X FUNDS/VIDEO GAMES & ESPORTS E HERO sgtyzi 1 $26.00 $26.23 1%
119 Apple Inc. AAPL tcldstnvdw -1 $27.78 $112.00 1%
63 Livongo Health Inc LVGO staniel_diverson, Raybay192, Drifter 1996, moveitover 22 $120.88 $121.80 1%
181 NCR Corporation NCR IAMBEOWULFF, fistymonkey1337 4 $20.11 $20.23 1%
74 CD PROJEKT S A/ADR OTGLY Thtb 8 $28.50 $28.67 1%
56 Zoetis Inc ZTS BearBearChooey 19 $158.88 $159.53 0%
93 Federal National Mortgage Association FNMA figbuilding, onkel_axel 2 $2.12 $2.12 0%
31 Pharmacyte Biotech Inc PMCB DillieTheSquid 0 $0.01 $0.01 0%
172 VMware, Inc. VMW kingbrow2020 1 $142.31 $142.30 0%
47 Pinterest Inc PINS EthanPhan 10 $34.98 $34.93 0%
133 Vanguard Total Stock Market Index Fund Admiral Shares VTSAX WackyBeachJustice 1 $82.67 $82.32 0%
212 Yeti Holdings Inc YETI boomwhackers 1 $50.40 $50.14 -1%
196 Booz Allen Hamilton Holding Corporation BAH i_smel_hookers 1 $84.67 $84.23 -1%
238 Kroger Co KR bxkrish 1 $35.24 $35.02 -1%
44 Raytheon Technologies Corp RTX anon2019L 21 $61.23 $60.81 -1%
54 ASML Holding NV ASML EthosPathosLegos, earthmoonsun 15 $366.07 $363.20 -1%
37 Novacyt SA ALNOV Snoopmatt 1 $3.60 $3.57 -1%
76 Taiwan Semiconductor Mfg. Co. Ltd. TSM Paks_12345, sogladatwork, BlissfulThinkr 13 $80.03 $79.16 -1%
122 Helen of Troy Limited HELE aa341 1 $201.26 $199.02 -1%
11 Nathan's Famous, Inc. NATH howtoreadspaghetti 1 $51.25 $50.65 -1%
84 Fastly Inc FSLY AwesomeMathUse 3 $79.33 $78.31 -1%
110 AAR Corp. AIR paulo92834 4 $18.77 $18.49 -1%
166 Purple Innovation Inc PRPL jloy88, CharlieBrown364, RemiMartin 6 $23.95 $23.59 -2%
113 Atlassian Corporation PLC TEAM shadowrckts 1 $170.93 $168.23 -2%
33 BlackBerry Ltd BB mh1t, EthosPathosLegos 25 $4.84 $4.76 -2%
139 EHang Holdings Ltd - ADR EH TheEUR0PEAN 1 $9.21 $9.04 -2%
137 TJX Companies Inc TJX princess-smartypants 3 $55.45 $54.41 -2%
5 Intellia Therapeutics Inc NTLA earthmoonsun 7 $19.83 $19.45 -2%
140 Brookfield Renewable Partners LP BEP YourPineapplePunch 1 $45.25 $44.34 -2%
184 Ares Capital Corporation ARCC ThemChecks 1 $14.87 $14.54 -2%
143 American Tower Corp AMT editviewgo 1 $257.61 $251.69 -2%
132 PROSHARES TULTRAPRO QQQ TQQQ iggy555, Guiterrezjm6 5 $126.99 $124.06 -2%
46 Oxford BioMedica plc OXB arabidopsis 12 $850.00 $830.00 -2%
128 Bank of America Corp BAC oobydoobydoobydoo, wrs97 2 $26.11 $25.46 -2%
152 H&R Real Estate Investment Trust HR.UN CaptainCanuck93 0 $10.34 $10.08 -3%
229 CDW common stock CDW plorfu 1 $114.77 $111.47 -3%
130 Docusign Inc DOCU h3ku, Teach-101 0 $204.76 $198.75 -3%
253 Microsoft Corporation MSFT TBSchemer 34 $212.48 $205.65 -3%
153 Spotify Technology SA SPOT _Hard4Jesus 0 $252.12 $243.88 -3%
131 TransUnion TRU AndyCircus 0 $87.38 $84.47 -3%
100 ORSTED A/S/ADR DNNGY BrentfordFC21 2 $47.37 $45.79 -3%
105 Wells Fargo & Co WFC yehdhbdjdjd 1 $25.07 $24.20 -3%
111 1ST TR EXCHANGE/NASDAQ CEA CYBERSEC CIBR komoggmu321 1 $35.40 $34.07 -4%
162 New York Times Co NYT jonhuang 1 $45.61 $43.86 -4%
27 Sony Corp SNE drorhac 13 $80.03 $76.88 -4%
224 Avalara Inc AVLR nomdeplume_alias 1 $122.71 $117.82 -4%
23 Activision Blizzard, Inc. ATVI Mondanivalo 12 $82.47 $79.17 -4%
120 Prologis Inc PLD ImPinkSnail 5 $105.07 $100.65 -4%
81 Franco Nevada Corp FNV AwesomeMathUse 1 $153.57 $146.93 -4%
12 Rocky Mountain Chocolate Factory, Inc. RMCF howtoreadspaghetti 1 $3.20 $3.05 -5%
217 LONZA GRP AG/ADR LZAGY Fuck512 1 $62.92 $59.94 -5%
154 Okta Inc OKTA Bcr731 3 $208.23 $197.95 -5%
191 Macerich Co MAC skvettlappen 1 $7.85 $7.46 -5%
142 Crown Castle International Corp CCI jkgator 1 $168.19 $159.72 -5%
10 Molson Coors Beverage Co Class B TAP howtoreadspaghetti 1 $37.27 $35.28 -5%
197 Equinix Inc EQIX gce1010 3 $791.70 $749.23 -5%
99 Gilead Sciences, Inc. GILD Leroy--Brown 1 $69.35 $65.60 -5%
141 TPI Composites Inc TPIC polwas 1 $28.81 $27.25 -5%
161 Micron Technology, Inc. MU Wexoch 3 $48.75 $46.02 -6%
175 American Water Works Company Inc AWK InfamousLegato 1 $149.79 $141.35 -6%
50 VolitionRX Ltd VNRX RiDDDiK1337 1 $3.35 $3.16 -6%
7 Square Inc SQ cuti95, ConstructivePlayer, Lfastrsx, jercky, CharlieBrown364 21 $147.22 $138.87 -6%
182 Logitech International SA LOGI CharlieBrown364 1 $73.03 $68.88 -6%
68 Turtle Beach Corp HEAR chancsc11 1 $18.37 $17.30 -6%
57 VirnetX Holding Corporation VHC vyts18 2 $5.26 $4.95 -6%
107 Maxar Technologies Inc MAXR Borne2Run 1 $24.74 $23.27 -6%
20 Horizon Therapeutics PLC HZNP thesearchforanswer 3 $76.06 $71.16 -6%
106 TransMedics Group Inc TMDX DropoutEngy 1 $18.05 $16.84 -7%
156 GFL Environmental Inc GFL lenadunhamsbutthole 1 $21.56 $20.10 -7%
200 Gan Ltd GAN emcdeezy22 2 $20.29 $18.91 -7%
108 Ingles Markets, Incorporated IMKTA kimjungoon 1 $42.97 $40.01 -7%
9 IAC/Interactivecorp IAC dvdmovie1 36 $133.05 $123.03 -8%
209 Cresco Labs Inc CRLBF UncleSlippyFist 1 $6.28 $5.80 -8%
165 Daqo New Energy Corp DQ stonk_daddy 1 $122.55 $112.96 -8%
62 Twilio Inc TWLO MarconianRex 8 $249.00 $228.90 -8%
14 Walker & Dunlop, Inc. WD TBSchemer 0 $57.70 $52.84 -8%
246 Coty Inc COTY NhatNguyen2112 1 $4.00 $3.66 -9%
25 Pan African Resources plc PAF Fruity_Pineapple 2 $26.30 $24.00 -9%
219 FLIR Systems, Inc. FLIR _zerokarma_ 1 $37.48 $34.12 -9%
8 Advanced Micro Devices, Inc. AMD ArneGo, apqwer, LoveOfProfit 13 $84.85 $77.23 -9%
210 Razer Inc RAZFF ThatOneRedditBro 1 $0.22 $0.20 -9%
201 Inseego Corp INSG esoccer141414 1 $12.08 $10.95 -9%
21 Enphase Energy Inc ENPH deGoblin 31 $72.84 $65.93 -9%
88 Match Group Inc MTCH BallinLikeImKobe24 1 $115.88 $104.50 -10%
187 Brookfield Property Partners LP Unit BPY Onarco 1 $11.75 $10.59 -10%
94 Rigel Pharmaceuticals, Inc. RIGL Gay_Demons 1 $2.58 $2.32 -10%
85 Empire State Realty Trust Inc ESRT silverpaw1786 4 $6.66 $5.97 -10%
147 Polaris Infrastructure Inc RAMPF CaptainCanuck93 1 $11.50 $10.30 -10%
176 2U Inc TWOU DickDaddy 1 $41.49 $37.11 -11%
125 Universal Display Corporation OLED niknikniknikniknik1 1 $186.51 $166.37 -11%
104 SunPower Corporation SPWR Hadouukken 1 $7.77 $10.57 -11%
4 Editas Medicine Inc EDIT earthmoonsun 7 $34.71 $30.85 -11%
96 Unibail-Rodamco-Westfield SE URW eams66 2 $42.44 $37.64 -11%
223 CVS Health Corp CVS handsomeandsmart_ 2 $64.96 $57.57 -11%
24 Alteryx Inc AYX Kme2 30 $121.38 $107.55 -11%
202 Slack Technologies Inc WORK AntwanDixon_ 2 $28.95 $25.65 -11%
65 Cyberark Software Ltd CYBR Kevenam 2 $110.59 $97.84 -12%
116 Mills Music Trust Unit OTCMKTS:MMTRS ARGENT_UM_PUR 1 $39.00 $34.50 -12%
64 Valero Energy Corporation VLO chickenandcheesefart 1 $52.66 $46.50 -12%
151 Gran Colombia Gold Corp TSE:GCM Linnake 0 $7.46 $6.57 -12%
49 Solaredge Technologies Inc SEDG m4r1vs 14 $211.47 $185.52 -12%
249 New York Mortgage Trust Inc NYMT ToKeepAndToHoldForev 1 $2.77 $2.43 -12%
82 Shopify Inc SHOP AwesomeMathUse -1 $1,053.12 $919.50 -13%
241 DexCom, Inc. DXCM InformalAid 1 $440.70 $384.40 -13%
67 Grayscale Bitcoin Trust (Btc) GBTC asherlevi 2 $13.06 $11.39 -13%
34 Mercadolibre Inc MELI pontoumporcento 14 $1,193.97 $1,035.14 -13%
247 BELLUS Health Inc BLU NhatNguyen2112 1 $2.74 $2.37 -14%
112 John B. Sanfilippo & Son, Inc. JBSS chris011186 2 $89.24 $77.01 -14%
103 Huntington Ingalls Industries Inc HII howtoreadspaghetti 1 $167.90 $144.60 -14%
15 Limelight Networks, Inc. LLNW cyberdex, thug_funnie 3 $6.10 $5.23 -14%
118 Elevate Credit Inc ELVT ScoreFuture 1 $2.58 $2.21 -14%
239 CytoDyn Inc CYDY dufmum 1 $4.79 $4.10 -14%
28 Ageagle Aerial Systems Inc UAVS fishkillr 16 $3.26 $2.78 -15%
53 Trade Desk Inc TTD all_hail_hypno, Kay312010 6 $493.20 $419.05 -15%
36 Cloudflare Inc NET thereisnospoongeek, olliemacg, Boots2243 220 $40.06 $33.96 -15%
66 Lydall, Inc. LDL Henisockle 1 $20.89 $17.70 -15%
235 Etsy Inc ETSY PeskyShart 1 $135.06 $113.39 -16%
183 Anglo Asian Mining LON:AAZ krenaldi1 1 $161.50 $135.00 -16%
195 Switch Inc SWCH gce1010 1 $18.03 $15.01 -17%
168 Fire & Flower Holdings Corp TSE:FAF tobcar 1 $1.01 $0.84 -17%
221 Mediwound Ltd MDWD blueblade408 1 $3.91 $3.25 -17%
230 Electrameccanica Vehicles Corp SOLO IHaveUsernameBlock 1 $3.07 $2.55 -17%
207 First Mining Gold Corp FFMGF RecCenterBall 0 $0.41 $0.34 -17%
6 Dicerna Pharmaceuticals Inc DRNA earthmoonsun 7 $21.03 $17.40 -17%
59 Nokia Oyj NOK perfectriot, LiabilityFree 52 $4.98 $4.12 -17%
89 Xebec Adsorption Inc. XBC Mug_of_coffee 3 $4.95 $4.06 -18%
52 Fluor Corporation (NEW) FLR lost_searching 2 $11.38 $9.24 -19%
220 Pagerduty Inc PD throthrowth 2 $29.85 $23.94 -20%
236 Banco Bbva Argentina SA BBAR GAV17 1 $4.23 $3.35 -21%
155 FuelCell Energy Inc FCEL i-kno-nothing, dewaser 2 $2.68 $2.12 -21%
150 Aytu Bioscience Inc AYTU Bkzkilla2, beefy-ambulance, subaruveganguy22 2 $1.38 $1.09 -21%
203 Rite Aid Corporation RAD ManagerMilkshake 1 $15.05 $11.85 -21%
39 Drive Shack Inc DS Bobjenkins97 2 $1.65 $1.29 -22%
2 Lemonade Inc LMND br1ghtness, skkreet, hahadumblloyd 4 $66.84 $51.91 -22%
163 Schrodinger Inc SDGR TipasaNuptials, asianmarysue, RattleGoreBitcoin 1 $71.17 $54.99 -23%
3 Crispr Therapeutics AG CRSP emtvaikkajoku 98 $89.81 $68.54 -24%
242 Chegg Inc CHGG Boots2243 1 $86.98 $65.81 -24%
136 Zagg Inc ZAGG ni_shi_shei 2 $3.98 $2.98 -25%
226 Trevena Inc TRVN pacosteles 1 $2.38 $1.78 -25%
91 Waitr Holdings Inc WTRH exstaticj 1 $5.15 $3.75 -27%
174 Patriot One Technologies Inc PTOTF DanReynolds 1 $0.73 $0.53 -27%
180 ACM Research Inc ACMR moveitover 1 $101.92 $67.32 -34%
251 Genius Brands International Inc GNUS due11 1 $1.59 $1.02 -36%
205 Agraflora Organics International Inc AGRA spreeshark 1 $0.05 $0.03 -40%
178 Retractable Technologies, Inc. RVP EmreCanPuns 1 $10.18 $5.92 -42%
160 Opko Health Inc. OPK CS1026 1 $5.63 $3.02 -46%
61 Ibio Inc IBIO PrairieDogger69 1 $3.80 $1.92 -49%
222 Altimmune Inc ALT Spes-Caritas 1 $27.38 $12.13 -56%
58 Jumia Technologies AG - ADR JMIA Jerund, souptrades, 7YearOldCodPlayer, CharlieBrown364, fortnitehead 7 $19.26 $8.38 -56%
177 Sorrento Therapeutics Inc SRNE DowJonesLocker 1 $14.42 $6.27 -57%
As a reminder, please do not interpret results seen here as an endorsement of the investing prowess of the community. Invest at your own risk.
submitted by Kme2 to investing [link] [comments]

MicroStrategy's $425M BTC investment thesis - "buy something that can either get cut in half or 10x"

Amidst all of the DeFi volatility, drama and excitement, Bitcoin has started to seem rather boring. Its price is more or less flat to where it was a year ago and you can’t even farm Yams with it.
While some have started to view Bitcoin as a useless digital rock, someone did find an interesting use case for it. This week, more details surfaced around how MicroStrategy CEO Michael Saylor convinced the board of a publicly traded company to allocate nearly all of the company’s $500M cash position to bitcoin.
Michael Saylor
Saylor graduated from MIT in 1987 and founded Microstrategy at the age of 24. MicroStrategy is a “Business Intelligence” company, which basically creates software that allows companies to use their own data to drive decision making.
Interesting side note - Saylor, like any good 90’s internet entrepreneur, also bought a bunch of internet domains and was the guy who ultimately sold Voice.com to Block.One (EOS) for $30M.
MicroStrategy’s’ $500M Problem
To most people, having $500 million in cash doesn’t sound like a problem. Up until recently, it wasn’t for large corporations either. There was a time before the ‘08 financial crisis when the risk free rate of return on cash was 5% a year. This means a company could sit on $500M, earn $25M a year for doing nothing, and have cash on hand for a rainy day.
Fast forward to today, when the risk free rate of return has plummeted to 0.69% due to loose fiscal policies (money printer go BRRRR) alongside inflating asset prices, and it’s a different story. In Saylor’s own words, “we just had the awful realization that we were sitting on top of a $500 million ice cube that’s melting.”
Cash is Trash
So what’s a corporation to do with a $500M melting ice cube? It turns out it’s not that easy to unload half a billion dollars in a short amount of time.
You could buy back half a billion of your own company’s shares. For a company like MSTR, Saylor estimated that would take 4 years. Time MiscroStrategy didn’t have.
You could buy real estate. However, commercial real estate prices have collapsed post COVID while property owners still believe their assets are worth what they were in January. In other words, good luck getting a fair market price.
You could buy blue chip equities. Amazon, Apple, Google, Facebook. However, your risk is symmetric. They can each fall 50% just as easily as they can go up 50%.
That left Saylor with silver, gold, Bitcoin, and other alternative assets. A move the company announced it was exploring on a July earnings call.
A Bold Purchase
Saylor ultimately wanted something that could either get cut in half, or go up by a factor of 10. An investment akin to what buying Amazon or Apple in 2012 was. In other words, asymmetric risk.
As a student of technological history, Saylor observed that the winning strategy over the last ten years has been to find some kind of “digitally dominant network” that dematerializes something fundamental to society. Apple dematerialized mobile communications. Amazon dematerialized commerce. Google dematerialized the process of gathering information.
Something Saylor noted was common to all recent 10X opportunities is buying when they’ve achieved $100B+ marketcaps and are ten times the size of their next biggest competitor. As Bitcoin is the dominant digital network dematerializing money that’s 10x the size of any cryptocurrency competing to be a store-of-value (not counting ETH here), it fit the bill.
Making the purchase
With the thesis in place, the next thing Saylor had to do was get everyone at MicroStrategy to sign-off on the unorthodox decision. To do this, he simply made everyone go down the same Bitcoin rabbithole that most people in the industry have gone down.
He made everyone at the company watch Andreas Antonopoulous videos, read The Bitcoin Standard, watch Eric Vorhees debate Peter Schiff and listen to Pomp and NLW podcasts. With no strong detractors, MicroStrategy turned to execution. They first put $250M to work purchasing 21,454 BTC in August and another $175M (16,796 BTC) in September for a total $425M and 38,250 BTC.
What’s fascinating is that MicroStrategy was able to open such a large position without really moving the market or anyone even taking notice. This speaks to just how liquid of an asset BTC has become. To acquire the September tranche of BTC, Saylor disclosed that they traded continuously for 74 hours, executing 88,617 trades of .19 BTC every 3 seconds.
One for the history books
Skeptics noted that shares of MSTR have been on the downtrend since 2013, as the real reason behind MicroStrategy’s bold move. Regardless, the move has interesting implications for the company’s shareholders. As TBI observed, MicroStrategy is now both a software company and with ⅓ of its marketcap in Bitcoin, a pseudo Bitcoin ETF. At the time of writing, MSTR is up 20% on the week.
Only time will tell if history looks back on this move as a brilliant strategic decision or a massive corporate blunder. In the short term, it scores a massive win for Bitcoin’s digital gold investment thesis.
Billionaire hedge fund manager Paul Tudor Jones is in. A publicly traded corporation has made Bitcoin it’s primary treasury asset. As CFOs and fund managers around the world undoubtedly take notice, one has to wonder, who’s next?
PS - I based a lot of this article on Pomp’s interview with Michael Saylor, which I recommend giving a listen.
Original article
Source
submitted by CryptigoVespucci to Bitcoin [link] [comments]

Digital/Crypto Currency Movement and Plays

Intro:
This post will have a bit of everything. My general thoughts on the sector and its future, a bit of brief DD, and my gameplan.! I would not advise making any financial decisions based on my comments without doing your own research.
Mods, in addition to the penny stocks, I also discuss an ETF and two funds that I've invested in that are not penny stocks. I felt that they were worth detailing though to explain my approach. I hope that's kosher.
I'm still getting familiar with the sector so I'd love to get some feedback if anyone more familiar can lend some insight. If anyone is aware of some other stocks similar to the ones I selected below that I may have overlooked or if you think I was wrong to toss out any that I mentioned, definitely let me know!
My thesis is this:
Cryptocurrencies have had some runs in the past but it appears to me that they are gaining traction as a financial instrument on Wall Street. Investments by big companies such as OSTK and SQ, regulatory discussions, and the emergence of blockchain are a few catalysts. This and the general sentiment in the big financial I'm seeing leads me to believe that this sector could see some big money pouring in imminently. Several sectors this year have seen their valuations multiply by 5-10 fold in the course of months. Vaccine biotechs, then EVs, and most recently solar to name a few. It seems like this could easily be next. I could see this move being something akin to the EV movement with a strong initial short term movement and with continued momentum for months or longer.
My stock selection strategy is this:
Some penny stocks like MARA, RIOT, BTBT, EQOS, EBON, and HVBTF have had big runs recently but when you dig into their financials, they are either abysmal or not easily available (i.e. on Seeking Alpha or the OTC site depending on their exchange). As more legitimate companies start to invest money, the low quality pump and dumps will lose traction and more legit companies with a good future will emerge. I eventually came across CAN and BRPHF(OTC), the brief highlights of which are as follows. Both of these focus on supplying the actual infrastructure components such as bitcoin miners and ancillary equipment. This means that regardless of how financially healthy any sketchy companies doing the mining are, as interest picks up, these guys are making money. Both have implemented share buyback programs recently. While they may have some debt or be loss-making currently (as many legit growth companies are), they have healthy balance sheets and optimism from management. CAN is coming off of recent lows which it has held well, so downside is relatively low right now. BRPHF is at recent highs but momentum has been good in getting there and I believe it has lots of room to grow.
My gameplan is this:
I invested in both companies above this morning when both were around 5-10% change for the day. They both went to 15-20% later in the day and settled in to close around 15%. I'm feeling good about them so far but will be keeping a close eye on them.
I also wanted additional exposure to the sector with a more direct reflection of its movement as a whole. To achieve this I took the following three additional positions, each a bit larger than the two above. First was the blockchain ETF BLOK. There are other blockchain ETFs out there, but I believe this has the most potential moving forward and is the most pure play of them.
The other two are pseudo trades of bitcoin and ethereum itself. Right now to trade the currencies without taking any risks associated with owning a cryptocurrency is via a set of funds from Grayscale for various cryptocurrencies. The funds are essentially a trust with a fixed amount of the cryptocurrency, and shares of the funds are traded like stocks. As such, the share price is not a 1:1 correlation with the currency's exchange rate since speculation and the effects of supply and demand factor in. As a matter of fact, there are often large differences in how the share price and exchange rate behave. Because of this, these funds also trade at a premium. For example, you could actually buy significantly more Ethereum directly for a given amount of dollars than the amount of ethereum represented by the amount of shares you could buy with the same amount of dollars. So if people start deciding to buy the cryptocurrency directly, the share price could take a significant hit. I'm not too worried about that in the near term, but I will be monitoring that situation closely. I may actually switch to that strategy myself in the medium term if things go well.
The two funds that I took positions in are ETCG for ethereum and GBTC for bitcoin. GBTC has been around for a while and has stabilized so that its price has a pretty good correlation to the bitcoin exchange rate. It finished today up about 7% compared to about 6% for the bitcoin exchange rate. ETCG is pretty new and is much more effected by supply and demand. For reference, it finished today up 25%. Right now its shares are coming off all time lows but as recently as July it was trading at 2-3 times the current value, and at one point in 2019, it was almost 10x. The risk is higher with this one but the upside is massive.
In summary:
I believe that digital currencies will see great things in the near future and have created a somewhat diversified strategy to give myself exposure, including the two penny stocks listed above.
submitted by logan72390 to pennystocks [link] [comments]

I'm sitting on $50,000. I want to use the whole thing to buy a house in 5 years. What should I be doing right now?

Basically, if you had 50,000 that you wanted to be liquid five years from now, what would you be dumping it in with this situation?
I dont know anything about sticks, but I know that a situation like now doesn't happen often.
submitted by Iridium_Pumpkin to personalfinance [link] [comments]

Wandering From the Path? | Monthly Portfolio Update - August 2020

Midway along the journey of our life I woke to find myself in a dark wood, for I had wandered off from the straight path.
Dante, The Divine Comedy: Inferno, Canto I
This is my forty-fifth portfolio update. I complete this update monthly to check my progress against my goal.
Portfolio goal
My objective is to reach a portfolio of $2 180 000 by 1 July 2021. This would produce a real annual income of about $87 000 (in 2020 dollars).
This portfolio objective is based on an expected average real return of 3.99 per cent, or a nominal return of 6.49 per cent.
Portfolio summary
Total portfolio value $1 848 896 (+$48 777 or 2.7%)
Asset allocation
Presented visually, below is a high-level view of the current asset allocation of the portfolio.
[Chart]
Comments
The portfolio has increased in value for the fifth consecutive month, and is starting to approach the monthly value last reached in January.
The portfolio has grown over $48 000, or 2.7 per cent this month, reflecting the strong market recovery since late March
[Chart]
The growth in the portfolio was broadly-based across global and Australian equities, with an increase of around 3.8 per cent. Following strong previous rises, gold holdings decreased by around 2.2 per cent, while Bitcoin continued to increase in value (by 2.5 per cent).
Combined, the value of gold and Bitcoin holdings remain at a new peak, while total equity holdings are still below their late January peak to the tune of around $50 000. The fixed income holdings of the portfolio continue to fall below the target allocation.
[Chart]
The expanding value of gold and Bitcoin holdings since January last year have actually had the practical effect of driving new investments into equities, since effectively for each dollar of appreciation, for example, my target allocation to equities rises by seven dollars.
New investments this month have been in the Vanguard international shares exchange-traded fund (VGS) and the Australian shares equivalent (VAS). These have been directed to bring my actual asset allocation more closely in line with the target split between Australian and global shares set out in the portfolio plan.
As the exchange traded funds such as VGS, VAS and Betashares A200 now make up nearly 30 per cent of the overall portfolio, the quarterly payments they provide have increased in magnitude and importance. Early in the journey, third quarter distributions were essentially immaterial events.
Using the same 'median per unit' forecast approach as recently used for half yearly forecasts would suggest a third quarter payout due at the end of September of around $6000. Due to significant announced dividend reductions across this year I am, however, currently assuming this is likely to be significantly lower, and perhaps in the vicinity of $4000 or less.
Finding true north: approach to achieving a set asset allocation
One of the choices facing all investors with a preferred asset allocation is how strictly the target is applied over time, and what variability is acceptable around that. There is a significant body of financial literature around that issue.
My own approach has been to seek to target the preferred asset allocation dynamically, through buying the asset class that is furthest from its target, with new portfolio contributions, and re-investment of paid out distributions.
As part of monitoring asset allocation, I also track a measure of 'absolute' variance, to understand at a whole of portfolio level how far it is from the desired allocation.
This is the sum of the absolute value of variances (e.g. so that being 3 per cent under target in shares, and 7 per cent over target in fixed interest will equal an absolute variance of 10 per cent under this measure).
This measure is currently sitting near its highest level in around 2 years, at 15.0 per cent, as can be seen in the chart below.
[Chart]
The dominant reason for this higher level of variance from target is significant appreciation in the price of gold and Bitcoin holdings.
Mapping the sources of portfolio variances
Changes in target allocations in the past makes direct comparisons problematic, but previous peaks of the variance measure matches almost perfectly past Bitcoin price movements.
For a brief period in January 2018, gold and Bitcoin combined constituted 20 per cent, or 1 in 5 dollars of the entire portfolio. Due to the growth in other equity components of the portfolio since this level has not been subsequently exceeded.
Nonetheless, it is instructive to understand that the dollar value of combined gold and Bitcoin holdings is actually up around $40 000 from that brief peak. With the larger portfolio, this now means they together make up 17.2 per cent of the total portfolio value.
Tacking into the wind of portfolio movements?
The logical question to fall out from this situation is: to what extent should this drive an active choice to sell down gold and Bitcoin until they resume their 10 per cent target allocation?
This would currently imply selling around $130 000 of gold or Bitcoin, and generating a capital gains tax liability of potentially up to $27 000. Needless to say this is not an attractive proposition. Several other considerations lead me to not make this choice:
This approach is a departure from a mechanistic implementation of an asset allocation rule. Rather, the approach I take is pragmatic.
Tracking course drift in the portfolio components
As an example, I regularly review whether a significant fall in Bitcoin prices to its recent lows would alter my monthly decision on where to direct new investments. So far it does not, and the 'signal' continues to be to buy new equities.
Another tool I use is a monthly measurement of the absolute dollar variance of Australian and global shares, as well as fixed interest, from their ideal target allocations.
The chart below sets this out for the period since January 2019. A positive value effectively represents an over-allocation to a sector, a negative value, an under-allocation compared to target.
[Chart]
This reinforces the overall story that, as gold and Bitcoin have grown in value, there emerges a larger 'deficit' to the target. Falls in equities markets across February and March also produce visibly larger 'dollar gaps' to the target allocation.
This graph enables a tracking of the impact of portfolio gains or losses, and volatility, and a better understanding of the practical task of returning to target allocations. Runaway lines in either direction would be evidence that current approaches for returning to targets were unworkable, but so far this does not appear to be the case.
A crossing over: a credit card FI milestone
This month has seen a long awaited milestone reached.
Calculated on a past three year average, portfolio distributions now entirely meet monthly credit card expenses. This means that every credit card purchase - each shopping trip or online purchase - is effectively paid for by average portfolio distributions.
At the start of this journey, distributions were only equivalent to around 40 per cent of credit card expenses. As time has progressed distributions have increased to cover a larger and larger proportion of card expenses.
[Chart]
Most recently, with COVID-19 related restrictions having pushed card expenditure down further, the remaining gap to this 'Credit Card FI' target has closed.
Looked at on an un-smoothed basis, expenditures on the credit card have continued to be slightly lower than average across the past month. The below chart details the extent to which portfolio distributions (red) cover estimated total expenses (green), measured month to month.
[Chart]
Credit card expenditure makes up around 80 per cent of total spending, so this is not a milestone that makes paid work irrelevant or optional. Similarly, if spending rises as various travel and other restrictions ease, it is possible that this position could be temporary.
Equally, should distributions fall dramatically below long term averages in the year ahead, this could result in average distributions falling faster than average monthly card expenditure. Even without this, on a three year average basis, monthly distributions will decline as high distributions received in the second half of 2017 slowly fall out of the estimation sample.
For the moment, however, a slim margin exists. Distributions are $13 per month above average monthly credit card bills. This feels like a substantial achievement to note, as one unlooked for at the outset of the journey.
Progress
Progress against the objective, and the additional measures I have reached is set out below.
Measure Portfolio All Assets
Portfolio objective – $2 180 000 (or $87 000 pa) 84.8% 114.6%
Credit card purchases – $71 000 pa 103.5% 139.9%
Total expenses – $89 000 pa 82.9% 112.1%
Summary
What feels like a long winter is just passed. The cold days and weeks have felt repetitive and dominated by a pervasive sense of uncertainty. Yet through this time, this wandering off, the portfolio has moved quite steadily back towards it previous highs. That it is even approaching them in the course of just a few months is unexpected.
What this obscures is the different components of growth driving this outcome. The portfolio that is recovering, like the index it follows, is changing in its underlying composition. This can be seen most starkly in the high levels of variance from the target portfolio sought discussed above.
It is equally true, however, of individual components such as international equity holdings. In the case of the United States the overall index performance has been driven by share price growth in just a few information technology giants. Gold and Bitcoin have emerged from the shadows of the portfolio to an unintended leading role in portfolio growth since early 2019.
This month I have enjoyed reading the Chapter by Chapter release of the Aussie FIRE e-book coordinated by Pearler. I've also been reading posts from some newer Australian financial independence bloggers, Two to Fire, FIRE Down Under, and Chasing FIRE Down Under.
In podcasts, I have enjoyed the Mad Fientist's update on his fourth year of financial freedom, and Pat and Dave's FIRE and Chill episodes, including an excellent one on market timing fallacies.
The ASX Australian Investor Study 2020 has also been released - setting out some broader trends in recent Australian investment markets, and containing a snapshot of the holdings, approaches and views of everyday investors. This contained many intriguing findings, such as the median investment portfolio ($130 000), its most frequent components (direct Australian shares), and how frequently portfolios are usually checked - with 61 per cent of investors checking their portfolios at least once a month.
This is my own approach also. Monthly assessments allow me to gauge and reflect on how I or elements of the portfolio may have wandered off the straight way in the middle of the journey. Without this, the risk is that dark woods and bent pathways beckon.
The post, links and full charts can be seen here.
submitted by thefiexpl to fiaustralia [link] [comments]

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Fidelity Investments is launching its first Bitcoin fund, adding its establishment name and star power to the fledgling and often controversial asset class. The holy grail of the exchange-traded fund (ETF) landscape, at least in recent years, is the bitcoin ETF. It has been several years since the Winklevoss brothers tried to bring the Winklevoss ... The fund’s objective is to track the underlying value of bitcoin, much like the SPDR Shares ETF tracks the underlying value of gold.It has $3.5 billion in assets under management (AUM), and an ... The commission has rejected these bitcoin ETF proposals out of concerns that the bitcoin market is still notably small and therefore easy to manipulate. Whether the US will ever approve a bitcoin-based exchange-traded fund is anyone’s guess. What Is a Bitcoin ETF? An exchange-traded fund, commonly known as an ETF, is a type of investment fund that tracks the price of an underlying asset, such as gold, oil, an index or a basket of stocks. It is traded on exchanges in the same way as stocks. That means that any investors – retail or institutional – can buy and sell holdings in an ETF to other market participants over the stock ...

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