Buying More Planet Labs at This Target
Recent $10K Portfolio news:
Amazon (AMZN)
On Wednesday morning, Amazon ($AMZN) announced the U.S. expansion of the firm’s less-than-truckload or “LTL” freight beyond its current inbound-to-Amazon offering, to any type of destination, including third-party warehouses, distribution centers and retail partners.
This will be part of the suite of offerings provided by Amazon Supply Chain Services. Businesses will now be able to ship by pallet, sharing trailer space for partial loads rather than reserving and paying for a full truckload.
Additionally, AWS Chief Marketing Officer Julia White has apparently asked her staff to recruit employees recently laid off by Meta Platforms ($META). White says that the organization is understaffed and has roughly 160 open positions.
Planet Labs (PL)
On Wednesday morning, analyst Kristine Liwag of Morgan Stanley reiterated a “hold” rating on ($PL) along with her target price of $35. Liwag is rated at five stars out of five by TipRanks. Over the past two years, Liwag has had a 64% success rate with a 28% average return.
Tuesday’s Intention vs Tuesday’s Actual Trade
Intention: Purchase one share of ($RKLB) at or close to the last sale of $110.75
Actual trade: Bought 1 share of RKLB at $102.28
Wednesday’s Intentions
Purchase 5 shares of PL at or close to the last sale of $30.90.
Current Positions
Long 100 shares of ($ALTO) at $5.79. Target price: $9. Last sale: $5.45.
Long 3 shares of AMZN at $258.0567. Target price: $324. Last sale: $243.10.
Long 60 shares of ($EVLV) at $5.9895. Target price: $8.50. Last sale: $5.95.
Long 200 shares of ($OCUL) at $8.271. Target price: $11. Last sale: $8.43.
Short one OCUL $11 September 18 call at $1.65. Last sale: $0.70.
Short one OCUL $9 July 17th call at $0.90. Last sale: $0.78.
Long 150 shares of ($ONDS) at $9.7624. Target price: $14. Last sale: $9.74.
Long 10 shares of PL at $36.175. Target Price $55. Last sale: $30.90.
Long 10 shares of ($PLTR) at $137.906. Target price: $194. Last sale: $130.25.
Long 8 shares of RKLB at $77.9288. Target Price: $185. Last sale: $108.84.
Long 150 shares of ($SIDU) at $3.0909. Target price: $6. Last sale: $3.80.
Long 100 shares of ($SNAP) at $5.625. Target price: $7.50. Last sale: $5.53.
Short one SNAP October 16 $6 call at $0.87. Last sale: $0.77.
Long 150 shares of ($SOFI) at $15.9035. Target price: $24. Last sale: $16.33.
Short one SOFI August 21 $20 call at $1.02. Last sale: $0.88.
Long 35 shares of ($VELO) at $12.3231. Target price: $30. Last sale: $19.70.
Cash: $347.33.
Portfolio Value: $11,526.56, +15.3% from inception on March 24.
At the time of publication, Guilfoyle was long ALTO, AMZN, EVLV, OCUL, ONDS, PL, PLTR, RKLB, SIDU, SNAP, SOFI and VELO.
