Dutch Bros Inc
>So surely there are people out there who have stuff in their portfolio measured in decades and also stuff measured in hours Oldest holdings are $HASI - 2015, $IRM - 2017, & $MAIN - 2014. Shortest swing trade was 1 week in 2022 - $BROS - went from $20.50 - $37. Most other swing trades are at least one month and for 10-30% gain. Swing trades are \~5% of portfolio. Am probably not normal in holding stocks. Am fairly relentless in benchmarking everything to $DIA. With advancing age & decrepitude am now moving away to embrace preferred's and CEF's.
Being a young adult as well, just know that old-asf investors/institutions in these individual tickers have priced-in more information than you can even process. You're on the right path w/ index funds - I argue about this with a friend who works in finance (he's full boomer VTI, against individual picks), and while I agree with him in part (I'm deep down just a degen in tech), I think there's room for individual picks too. My approach is moreso either: a. predicting future meme/hype trains on certain tickers (see: shrooms/ATAI - this is a big individual pick for me atm. My state has it on the ballot this year, the product is better than existing products \[from personal experience\], shrooms are funny), etc. b. being a kid and knowing what's cool. i had no idea what the value-prop or upside of bitcoin was in 2011, I just thought it was cool. adults asked a lot of questions, thought i was batshit, but look at us now. This is kinda like how you see dads asking their daughters/sons what's cool/hip/happening right now, as this is where the majority of boomers are undervaluing & not understanding. c. if something is cool, adults are panicking, and the cool thing is at lows (see: Dutch BROS going below institutional IPO price 1-3 months back + CRSPR hitting \~2016-2018 levels), I saw this as incredible entry prices for companies I know will grow over the next 10-15 years. d. take profits and treat individual ticker trades as gambles/trades, unless you truly have long-term belief in the company (e.g. not sure I believe in ATAI long-term, I just wanna sell the shroom meme rip - but actually believe in BROs + CRSPR long-term, so hodlign)
It went up like I wanted, but I was too pussy to hold my $110 calls I bought at $4.00. I sold them for $5.75 before close and then bought BROS that went up too. I bought a $46 calls for $1.75 and sold it at $4.50. I’m too pussy to use my margin to buy 10+ contracts. I’m try to just get back my losses for the year before I start the big bets. So, it’ll take a month or two to get back in the green.
After not playing BROS it was the only coffee shop within a couple block walk and there were 2 people in line, I was just about up and said F it and walked 4 more blocks to a local roaster. F BROS, buying longer dated puts.
BROS Who of you are long and / or think it’s gonna have a good print? This fk’er is gonna get destroyed! PUTS ALL THE WAY. Can’t believe I’ll be able to make the same amazing trade two times in a row post their earnings report this conning week
I’m big on BROS. While I don’t think it will ever be more profitable than SBUX I think it could one day overtake them in market cap just due to their growth and popularity. It is like a meme stock that actually has a great growth plan.
>WARNER BROS DISCOVERY INC SHARES DOWN 11% AFTER THE BELL FOLLOWING REV DECLINE; CO TO MERGE STREAMING SERVICES HBO MAX AND DISCOVERY+ ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2022-08-04 ^17:33:44 ^EDT-0400
I would buy RNG solely based on their cool ticker (similar to BROS). Haha kidding aside no one i know likes their products. They’re like WebEx, everyone was forced to use it for a while till better products came out and then every abandoned it
>CLOV hits 15 LUCK OF THE IRISH CLOV BROS BUY BUY BUY NOW WE'RE GONNA RETIRE ON THIS >RKT hits 22 WE'RE RKTING TO THE MOON BROS BUY BUY BUY NOW WE'RE GONNA RETIRE ON THIS >WISH hits 13 THIS IS THE BOTTOM BROS YOU'RE GONNA WISH YOU HAD BOUGHT IT WHEN IT BOUNCES BACK UP BUY BUY BUY NOW WE'RE GONNA RETIRE ON THIS Even if you don't think that a popular stock subreddit promising instant riches wouldn't totally be compromised and manipulated to create retail bagholders, WSB's batting average is the same as Cramer's for hitting winners. Mods hating a ticker and calling its holders culties is one of the biggest bull flags you can get for a company's success.
I think I’m seeing the same thing! Dutch Bros opened next door to Starbucks in my community! Normally SBUX drive through would be busy but not as much ever since BROS opened next door! I don’t understand why you would open up two competitors next door! Makes no sense financially to have them eating each other’s sales.
In a vacuum, this doesn’t tell us much. Even if June inflows were greater than May inflows, it may signal “the worst may behind us” thinking, as opposed to “we’ve put in a bottom”. It may also signal resignation to “where else am I going to put this?” I strictly adhere to strategy that doesn’t require specific near term direction, so I rarely offer “I think” takes, but I’ll share my unimportant thoughts here… This has been dragging out a long time. We’ve been sort of range bound for a while. I think the worst is *probably* behind us, though I expect a flurry of red if AAPL earnings are bad. It feel as though the market wants to recover, but is nervous. Some growth stocks (example BROS) are hanging onto high valuations, which makes me think a lot of people are waiting for the all clear to surge into risk-on. Again, though… there’s a reason I don’t invest based on expectation or opinion of near term direction. If the next two weeks of earnings are bad, I think we go deeper into red (up to 5% farther), with a rally within 2-3 weeks. Since I’m not qualified to offer advice, I just stick to a strategy I’d use regardless of direction.
I don’t do risky stocks. Wouldn’t touch GME or AMC, that’s just me. I have done some small trades with RIVN and BROS (when it was bouncing between 25-30), but most of my trades are weeklies with AMZN, NFLX, and BABA right now. Have done a couple with AMD but one was timed wrong and I had to go out/down on it. Everything is a calculated risk and I always know what my loss potential is. I’m not looking to get rich quick by any means but this is helping mitigate my balance drop this year so when the market does finally turn around again (whenever that may be) then I won’t be started back in such a deep hole. Plus I’m having a blast with it for the time being.
I thought about investing in BROS. I live in a major metropolitan area and there weren’t any so I had to drive over an hour out to the middle of no where in California to find one. Most sugar in a coffee drink I have ever had. I know Gen Z likes it and there were a lot of them there, but what if it’s just a fad? Like Crox? Why are they all out in the middle of nowhere? Personally I like Philz, Peet’s and Starbucks more. After that I went long on $SBUX around $70. BROS still has an insane valuation.
Shorting isn’t my thing, but let’s have fun. Short ODP, long BROS. ODP’s business model is terrible. Their leadership is the same team that has been failing for the past few years. Many of their stores are poorly located, and they’re destination shops, capturing little to no incidental sales. They transitioned to primarily own-brand supplies a few years ago, and still have terrible margins. They did a 10:1 reverse split in 2020. Everything about this business indicates a slow swirl around the drain. BROS is spending aggressively to expand. They thrive in small towns and large markets alike, so their ability to scale profitably is very strong. They have a cult like following among young people, and are something of a lifestyle brand, in addition to their business being based on a legal drug. They’re at least a 10 year hold, imo. I don’t have positions in either.