After being a private company since its founding in 2013, DoorDash filed its IPO prospectus with the SEC on November 13. Once the traditional roadshow wraps up, shares are expected to start trading in mid-December under the DASH ticker. DoorDash goes into the pile of things I don't understand, but it's hunting season in Ohio… Continue reading DoorDash IPO
Category: Stock Ideas
StoneCo: Buy & Forget
It's not terribly often you get the combination of a giant untapped market, a better product, and rapid adoption. However, StoneCo's ($STNE) growth in Brazil's electronic payments market appears to fit the bill. While StoneCo is not as well-known as Square or PayPal here in the US, the company was started in 2012 when it… Continue reading StoneCo: Buy & Forget
Bankrupt: Pyxus International Inc Stock
In 2018 I thought the second lien notes of Pyxus International Inc represented a good reward to risk ratio. 2 years later and it turns out I was completely wrong as Pyxus International Inc stock went to 11 cents per share and the second lien notes were offered 2 cents on the dollar in a prepackaged Chapter 11 bankruptcy.
How to Present a Trade Idea: Coronavirus Edition
Have you ever wondered how so many people are able to pitch trade ideas on the internet? Want to know their template and their secret to success?