Reddit Posts
GLD SPDR Gold Shares ETF, AAAU, DRD, GLDM
What stocks cycle back down to a low, but never really go below that level? (3 year update)
What stocks cycle back down to a low, but never really go below that level? (3 year update)
Anyone here an actual person and not just creating bagholders? Let's talk.
Retard took out 3.5 million PPP loan and spent half on properties and other half on TSLA. Which one of you gave him that idea?
Guy took out 3.5 million PPP loan and invested half in TSLA and half in properties within 60 days
Mentions
SBSW DVS LGO OBE MUX EXK DRD CGAU I’m buyin and adding to some of my miner positions…
I have currently: BRK.B IAU (have calls later this year, still in the money) T (have calls later this year, still in the money) DRD I sold earlier this year: VOO QQQ (have puts here) MSFT WMT I also have physical gold. Considering buying PG and KLG.
Hey, how come nobody is talking about gold stocks. I exited LUNR, and bought DRD and NEM. Check out the charts
If you’re going to go miners give me AU, GATO, EGO, or DRD over SCCO. But then again, just go GDX/J and/or SIL/J and reap the 2-3x gain in a couple of years
Bla bla bla > I disagree strongly with you using OAS when it is not the correct macro variable to make the point. You don't know what it was, until you've seen it in my post  *You are wrong in everything you said about the OAS* ​ > I mention Moody's DRD **Moodys DRD** is just a **DataBase** for **Moodys Analytics**  I have used their platform, something that you have not done in your life, because you don't understand finances ​ > We've gone on pointlessly about this for an eternity and you have still not established why OAS is the correct variable **High Yield OAS and Default Rates are Correlated, cuz Moodys use a List of Corporate Bond Rating for "Calculate" Default Rates ;)** The OAS is just a combination of the yield of these bonds (*BB and Below*) GO STUDY! stop being an Regard  https://preview.redd.it/4euaxqk2xjgb1.jpeg?width=1905&format=pjpg&auto=webp&s=20a2076b78fc81a3d983d5232904b108c0d665c1
Do you understand the point I'm making? My entire point from the first message was I don't disagree with your market sentiment. I disagree strongly with you using OAS when it is not the correct macro variable to make the point. High yield rates are a good input if you are forecasting default rates. The graph I showed you indicates why that's the case, you're actually proving my point for me. I mention Moody's DRD because you can look at either historical or forecast default rates. If you want historical again that has nothing to do with OAS, if you want forecast than bond yields are a better input variable. We've gone on pointlessly about this for an eternity and you have still not established why OAS is the correct variable, all you do is circle jerk yourself while engaging in childish name calling antics and it's frankly getting quite tiresome.
**And finally, and with this I bury you**  Showing that you only respond for trolling (*bullying*), cuz you have 0 knowledge on this. **The "Magic" Moodys DRD you mention, is just a Database** **Where do you think they get the Corporate Default (Bond) Rates Data from?** *"For calculate Default Rates"* **They get it from ICE BoFa High Yield 👇** ***BoFa = Bank of America (US Bank)*** ***ICE = Exchange*** https://preview.redd.it/4mfrng5yyegb1.jpeg?width=618&format=pjpg&auto=webp&s=479bf2cf229671a231becc8ae6f8efb97f23bb71
> No Regard go read up on how Moody's DRD calculates their historical default rates, they're not taking High Yield Adjustments and making a calculation on it. It's simply how many companies defaulted over the sample size of companies under observation. In what part they use "DRD"? Regard  *You have searched for something similar and you have put it there* [Moodys - Measuring Corporate Default Rates PDF](https://www.moodys.com/sites/products/defaultresearch/2006200000425249.pdf) ​ > If you're knowledgeable on OAS then you would know that it is NOT simply the default rate, there is a convoluted calculation process. **The process that** [**ICE**](https://www.ice.com/market-data/pricing-and-analytics/analytics/software-libraries) **use is based on ABS, CBMS and CMO** You just show that you don't know anything, and that you use Google (*Searching*)  maybe you learn something  https://preview.redd.it/1aksj113pegb1.jpeg?width=1288&format=pjpg&auto=webp&s=f16d0da5217cb84c91aac6c8a056621d7f5b776b
No Regard go read up on how Moody's DRD calculates their historical default rates, they're not taking High Yield Adjustments and making a calculation on it. It's simply how many companies defaulted over the sample size of companies under observation. If you're knowledgeable on OAS then you would know that it is NOT simply the default rate, there is a convoluted calculation process. If by "evidence" you mean draw some lines with a crayon I can do that too. You see the high yield lending rate and the corporate default rate? It's the same line, why is using OAS better when this is more intuitive? ​ https://preview.redd.it/rt1dj6cheegb1.png?width=2207&format=png&auto=webp&s=3c1cdcfc46046c084b5ea98783a99f4a487b4932
New tech [https://stockcharts.com/freecharts/candleglance.html?DRD,GFI,AU,EGO,AGI,OR,HMY|C|M252|0](https://stockcharts.com/freecharts/candleglance.html?DRD,GFI,AU,EGO,AGI,OR,HMY|C|M252|0)
The clowns on this sub-reddit will tell you just stick all of your money in an index fund and forget about it. Whatever you do FOLLOW THE TREND IN PRICE AND HOP OFF WHEN THE TREND YOU ARE PROFITING FROM ENDS. I hunt for long-term trend reversals. Some names I am watching are: AI, DRD, DUOL, EZGO, GATO, GBTC/Bitcoin, KC, NAAS, NRDY, and RIOT
I just have DRD for the dividend.
None drs’ed shares are not yours, but you are the beneficiary. Take a good look at some of the terms of your broker, and you’ll soon find out that making the shares truly yours (how its supposed to be) is the safest thing to do. For instance at T212 you can see how many of your shares are lend out. You buy something, and they use that to bet against you. And the collateral to back it up is US bonds wt 102% of your share value. And thats just one example, read the terms, and then you probably want to DRD
Check out AEM, DRD, and SBSW.
There's no other way to "not play by the rules" if it's 100% DRD'd. The shares have serial numbers and they will be removed from trading.
Okay, so, this is a stupid question, but I'll humor it because I just drank an entire bottle of pinot noir but I'm still wide awake: If you sort all stocks by price on finviz, page 107/428 is the cutoff for the lowest quartile. The price there is about $7. So, now we want to filter for stocks $7 and below. But what does "best producers" mean? Well...let's say something basic like the PE ratio. So if you filter by $7 or below price, then sort by PE ratio, you get the following: 1. ELTK. Eltek Ltd. They make printed circuit boards. [The EPS trend is not good.](https://www.macrotrends.net/stocks/charts/ELTK/eltek/eps-earnings-per-share-diluted) 2. FSI. Specialty chemicals that slow the evaporation of water? Okay, that's one of the weirdest opening pitches, but I'm game. Macrotrends apparently doesn't even know WTF FSI is, so here's the [Ycharts chart, which honestly seems respectable at first glance.](https://ycharts.com/charts/fund_chart_creator/fool/#/?chartAnnotations=&annotations=&annualizedReturns=false&calcs=id:normalized_eps_ttm,include:true,,&chartType=&chartId=&correlations=&dateSelection=range&displayDateRange=&endDate=&format=real&legendOnChart=false&nameInLegend=name_and_ticker¬e=&partner=basic_2000"eLegend=false&recessions=false&scaleType=linear&securities=id:FSI,include:true,type:security,,&securityGroup=&securitylistName=&securitylistSecurityId=&source=false&splitType=single&startDate=&title=&units=false&useCustomColors=false&useEstimates=false&zoom=max) 3. DRD. DRD Gold Ltd. Gold miner, obviously. [EPS trend is trash.](https://www.macrotrends.net/stocks/charts/DRD/drdgold/eps-earnings-per-share-diluted) 4. PBI. Pitney Bowes. This is like...some bullshit old-school snail mail sorting/weighing b.s. Business model is Boomer shit, and [the EPS trend is trash.](https://www.macrotrends.net/stocks/charts/PBI/pitney-bowes/eps-earnings-per-share-diluted) 5. POWW. Ammo Inc. They manufacture ammunition. Being in Arizona myself, and them being HQed in AZ, I already want to like them, but hold up: I love guns and I literally have never heard of a single fucking one of their brands other than gunbroker.com. [Their EPS trend is the best so far.](https://www.macrotrends.net/stocks/charts/POWW/ammo/eps-earnings-per-share-diluted) but they just barely turned profitable, and I'm not sure that I trust it. 6. ABEV. Ambev Brazil style. They produce and distribute Budweiser and Pepsi products in Central and South America and the Caribbean (and Antarctica, I guess...how much beer are these fucking penguins drinking??). [How is their EPS so bad?](https://www.macrotrends.net/stocks/charts/ABEV/ambev-sa/eps-earnings-per-share-diluted) They're selling beer and sugar water for God's sake--two of the more addictive substances known to man. Anyway, now I'm tired. Buy POWW I guess. War never changes.
ok now put it back in! preferably DRD
So there is a thing called "dividends received deduction (DRD)" that is applied to brokerages. In the case of cash dividends, the brokerage has two choices: Recall shares to reap the benefits under DRD or make their borrower pay the difference for the taxable event instead lest they themselves cover the cost. As a shareholder, I have to pay for the tax I earned from the dividend as normal. So for this scenario, the stock borrower is more than likely on the hook either by payout in cash or returning the borrowed share in time for the cash dividend. ​ In the case of a stock dividend, there is shouldn't be a taxable event occurring, so a cash payment in lieu of a stock dividend is not a valid delivery as it is forcing a taxable action from a non-taxable event. Again, the brokerage has two choices: Recall the shares to receive the proper amount of shares for the dividend or buy new shares to provide to their clients in place of the lent out stock. ​ In either case, the brokerage is incentivized to avoid paying extra capital whether from tax purposes or outright stock purchase instead of their borrower.
That’s an entirely different thing. You’re referencing the dividends-received deduction (IRC 243-245A) which only applies to corporate taxpayers receiving the distribution (not the ones paying it out) in that article. Individuals don’t get a DRD, period, and corps (with the exception of some of the wonkier rules on REITs), don’t get a deduction for paying them out.
The lender has an interest in recalling shares because they are eligible for DRD (tax reduction on dividends paid to them) they are not eligible for this through manufactured dividends they receive from short seller. The only other way they could receive this is by also borrowing shares but since utilization has been at 100% for some time that would probably be difficult. That’s why the lender “ should wish it to be so”. There’s no reason be be reductive and rude just because you disagree with a thesis.
I actually like your portfolio. Very well balanced. This is the type of portfolio most planners would advise to have. About 90% investors are not concerned with dividends and you do. That is great. You are not too concerned with growth funds and focused on value stocks. I recommended UMC several years ago did quite well. I will add HIMIX as it is reasonably priced still. DRD is not the best gold mining stock. Some will perform even better. Do not understand the purpose of: MANT, MED ownership? Rest are excellent choices.
\- Happy to see NUE in there. Consider adding CLF as well. Contrary to popular belief, the steel sector is at the start of a super cycle. \- UMC is another good pick you made \- Not sure about DRD, consider other rare metals instead that are not gold or silver my 2 cents (minus taxes and wash sales, so really 0.94 cents)
I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: XYLD DRD. Message /u/zjz if they're above 1.5 billion-ish market cap and not related to crypto/pennies/OTC.
Imagine your wife telling you she got the DRD (Dennis Rodman Disease) after getting tag-teamed by Michael Vick and Ray Lewis...
Summer plays - ABML, DRD, X.
I am a bot. You submitted a picture of a banned ticker, DRD. Yell at /u/zjz if it's above 1 billion-ish market cap and not related to crypto/pennies/OTC/SPACs.
I'm not an expert by any means, but maybe I can help you examine this in some more detail because on the surface this does look interesting. Most of my gold mining knowledge (which is not much) comes from my time working as a land surveyor [in Colorado gold country.](https://www.google.com/maps/place/39%C2%B047'33.2%22N+105%C2%B031'33.3%22W/@39.792556,-105.5281017,700m/data=!3m2!1e3!4b1!4m6!3m5!1s0x0:0x0!7e2!8m2!3d39.7925558!4d-105.5259125) All those piles of brown from there all the way south and west beyond Idaho Springs are tailings, and there's still gold up in them there mountains. From what I understand, this stuff is exactly what this company would be targeting for processing, but currently the tailings in CO are just being sat on until gold reaches a threshold price where the owner will then start processing the tailings at a profit. I don't know what that threshold is but it hasn't happened yet and there hasn't been activity here since the early 1980s. So my questions, and these are intended to dig a little deeper, maybe think about things from a different angle and stress test your bullish hypothesis, I'm not trying to shit on your DD or anything: 1. Are they purely a tailings-processing company now or do they also operate traditional mines? Looks like purely tailings now, but you also mentioned looking at surface mining internationally in the future. 2. What are their current reserves? Do they have enough tailings in SA to keep them busy at current levels until 2023? 2025? 2030? Their plan seems to be focused on SA until 2026 so I'm trying to get at the scale of revenue and earnings growth for the next 5 years here. Basically if they stay in SA the jump they saw in 2020 may plateau once they hit full operating capacity until they scale up internationally. 3. Specifically related to gold tailings, are the tailings in South Africa more concentrated? Or is DRD's process more cost-effective than traditional processing and allows them to profitably process tailings at a lower price of gold? If their process is significantly and demonstrably more cost-effective then that could be a big disruptive factor for the company. If it's just that the tailings in SA are better quality, then I'm more skeptical. 4. What was the investment required to build the processing plant? And if they expand internationally, will they have to build plants locally, work with local companies (sort of leasing their process), or ship the tailings to their SA plant? 5. Has processing platinum tailings begun? If so when did it begin or if not when is it expected to begin? 6. If platinum isn't up and running, there's more risk inherent there in that case. What is the difference between gold tailings and platinum tailings? Is it a similar process (using the same methods and chemicals) or is it significantly different? Can we expect similar margins from this as the gold? 7. What's their competition here? What other companies are in the gold/platinum tailings processing space? I don't expect you'd have all the answers to these questions, but maybe there's some things there to think about. In short, I'm intrigued. If their processing is indeed more cost-effective than traditional tailings processing, then long term that's potentially a good sign for big growth and big scaling. That would mean a potential disruptive factor within that industry and would provide a good competitive moat/advantage. If the jump is simply related to getting a plant up and running and processing high-quality trailings, then I'd expect the growth to stabilize once platinum is up and running (if it's not already) and they'd be more vulnerable to competition especially once they start trying to scale internationally.
I’ve owned it since high 7’s and averaged down and scalped to bring my avg to 7. I’m seeing that some institutional players have dumped it this quarter but I’m planning to hold long term because it’s just 2% of my portfolio. The dividend is shitty but better than owning a gold etf with commissions. I’ve been eyeing DRD (gold from South Africa) for its 5% dividend but I want to buy only it it goes close to low 9’s and closes the gap on the chart.
Longest hold for me is DRD for four years. Had my entire portfolio in it after 2016 presidential election. Figured gold would spike and it did thanks to covid sold last summer.