What other tech stock to consider?

[wdolson]

Am I seeing this right? Dividend is 18%?

Part of it is the stock is down right now, but it's still a fairly high yield stock if it goes up into the low $20s.

Looks as if Vale has had a rather large number of recent problems: conveyor belt fire, 2 dam failures, trapped miners, and operations halted for non-compliance.
Just scroll through the recent news feed. I took it as a buying opportunity, assuming it's some bad luck and hopefully not an indication of total incompetence.

Vale S.A. (VALE) Stock Price, News, Quote & History - Yahoo Finance

Find the latest Vale S.A. (VALE) stock quote, history, news and other vital information to help you with your stock trading and investing.

finance.yahoo.com

It could be either. I'm not sure.

I've noticed mining stocks can be very volatile, especially lately. I inherited a couple of mining stocks and bought a couple myself. In the biggest winner or loser on a given day, a mining stock is often at one extreme or the other. In the same week the biggest loser one day could be the biggest winner later in the week.

 

[Buckminster]

 

[MP3Mike]

SHMP Natural Shrimp tank farming. They've been working on this for 15 or so years and seem to have improved filtration technology. Penny stock that hasn't done much but there seems to be some more interest around it recently. For some reason Yahoo doesn't show the stock price history beyond last year but other sources do.

NaturalShrimp — Always Fresh - Always Natural

NaturalShrimp, Inc. (OTCQB: SHMP) a publicly traded aqua-tech company, has developed patented proprietary technology to produce fresh, gourmet-grade shrimp without the use of antibiotics, probiotics or toxic chemicals.

naturalshrimp.com

SHMP seems to have started moving over the last couple of days... (~30% yesterday, ~20% today)

 

[JRP3]

Yes they just signed a deal for 25k lbs of shrimp, I assume that's what's driving the price.

NaturalShrimp Signs Agreement with Distributor Gulf Seafood for 25,000 Pounds of Live Shrimp

 

[Buckminster]

Why Fastly Shares Are Rising

 

[wdolson]

GWH took off the first day after the merger, than sank back. The last few days it's coming back. I'm now wishing I bought a bit more when it dipped...

 

[JRP3]

More bad news for Vale, stock dropping in premarket.

Iron Rout Has Vale Cutting Back After Bumper Third Quarter

(Bloomberg) -- After a bumper third quarter, the world’s No. 2 iron ore miner is cutting back on lower quality supply after prices of the steelmaking ingredient plunged.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in...

finance.yahoo.com

 

[MABMAB]

What other stock to consider?

In a way it is tech. They have been in existence for a long time as a vaccine company. Over the years they have never produced a marketable vaccine. They have regular significant stock booms during infectious outbreaks such as bird flu, Mars/SARS, Ebola, and now Covid. They had a nice run during a RSV vaccine trial. Leadership does not hold many shares, There is a lawsuit suggesting leadership granted themselves inappropriate options/grants weeks before releasing material information. They then sold most of those shares last year. Recent CFO left after two months. Lots of folks hoping for improved vaccine.

I call their bluff! Novavax NVAX

Do your own diligence. I own long expiry puts.

Told ya, but boy they sure held up a long time and wore me out!

‘They rushed the process’: Vaccine maker’s woes hamper global inoculation campaign

The U.S. and the world made a huge bet on Novavax, but manufacturing problems are jeopardizing billions of doses earmarked for poor and middle-income countries.

www.politico.com

 

[MABMAB]

Told ya, but boy they sure held up a long time and wore me out!

‘They rushed the process’: Vaccine maker’s woes hamper global inoculation campaign

The U.S. and the world made a huge bet on Novavax, but manufacturing problems are jeopardizing billions of doses earmarked for poor and middle-income countries.

www.politico.com

Click this link below to see how confident the NVAX leaders are!

Track insider buy and sell

www.insidercow.com

 

[bkp_duke]

Novavax = opportunity missed

They will be a 2nd tier player in this game, at best.

 

[MABMAB]

Novavax = opportunity missed

They will be a 2nd tier player in this game, at best.

They are not even on a tier. They have never made a vaccine worth selling.

 

[wdolson]

More bad news for Vale, stock dropping in premarket.

Iron Rout Has Vale Cutting Back After Bumper Third Quarter

(Bloomberg) -- After a bumper third quarter, the world’s No. 2 iron ore miner is cutting back on lower quality supply after prices of the steelmaking ingredient plunged.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in...

finance.yahoo.com

It's down $0.36 today. Resource stocks are volatile.

 

[Xepa777]

Rocket Labs will do very well over next 10 years. And for marijuana investors, Green Thumb and Trulieve!

 

[Buckminster]

Good insight into Arrival - ARVL:

 

[Featsbeyond50]

Rocket Labs will do very well over next 10 years. And for marijuana investors, Green Thumb and Trulieve!

Thanks for posting this. With a quick look at the balance sheets, these two are the 2nd and 3rd pot stocks I've looked at that aren't complete messes. I'm going to look into them more tonight when I get home.

 

[TheTalkingMule]

Anyone else riding this Trump pump and dump? Who could be a better SPAC cheerleader than the orange man!

Bought DWAC at $11.41 premarket. If this spac merger is legit, I'll likely keep it a while. These people will blindly dump billions into it.

Trump Trying to Create Media Behemoth via Digital World Acquisition (DWAC)

Trump's TMGT plans to go public at an enterprise value of $875M in an unprecedented transaction. Digital World Acquisition (DWAC) spiked in after-hours trading.

www.thestreet.com

Edit: Up 92%. If you thought the Reddit knuckleheads were crazy....

 

[Featsbeyond50]

Anyone else riding this Trump pump and dump? Who could be a better SPAC cheerleader than the orange man!

Bought DWAC at $11.41 premarket. If this spac merger is legit, I'll likely keep it a while. These people will blindly dump billions into it.

Trump Trying to Create Media Behemoth via Digital World Acquisition (DWAC)

Trump's TMGT plans to go public at an enterprise value of $875M in an unprecedented transaction. Digital World Acquisition (DWAC) spiked in after-hours trading.

www.thestreet.com

Edit: Up 92%. If you thought the Reddit knuckleheads were crazy....

LOL Nice one. Are you still in?

 

[Featsbeyond50]

It's down $0.36 today. Resource stocks are volatile.

I'm tempted to step in on VALE, but that whole falling knife thing...

 

[TheTalkingMule]

LOL Nice one. Are you still in?

Just cancelled my $80 sell order, it looks legit. If this SPAC does merge, it'll grow forever. These broke people will throw money at it til the end of time.

 

[chronoreverse]

I used to think it was unethical to try to benefit off of idiots but I've been thoroughly disabused of this notion these past few years. It's absolutely necessary to take away as much power from them because otherwise they'll just use it to beat everyone else's heads.

I hope this makes GME look like a sandcastle.