Rocky’s Weekly Stock Picks

Jeez Louise, it’s already the end of Labor Day week? Man… Well, let’s get to it, then.

1. RIOT - $10.89/share, options trade weekly. It’s been a hot minute since we’ve done much of anything here, primarily because the price has been consistently in the mid-to-high teens.
   
   However, as BitCoin spec prices have taken a hit due to the SEC’s unfavorable position on crypto ETFs, RIOT is taking a hit as well. Given that RIOT has diversified its operations, we don’t expect much more of a drop - nor do we expect it to last for long.
   
   
   

2. BTCFX - $12.71 NAV, this is actually a mutual fund. Now is a great time to buy in.
   
   What’s more is that there is no load and no transaction fee! (We won’t get into mutual funds here, other than to say that some mutual funds require minimum purchases and/or charge fees per transaction). No load/no fee is where it’s at for retail investors.
   
   
   

3. FATBP - $16.09/share, the price is dipping at the moment, but is generally speaking on its way up. These are Preferred shares and are cumulative and perpetual. Redeemable coupon value of $25. What’s not to love here? (Ex-div was 9/7, so maybe that part).
   
   Annualized at 12%.
   
   
   

4. FTCH -$2.65/share, options trade weekly. Is FarFetch on its way out? Is this the end?
   
   We highly doubt it, plus we desperately need to average down.
   
   If the company were going under, why would they be running expensive ad campaigns? It’s not like they’re being run by Ukrainians.
   
   Boom! Roasted.
   
   
   

5. EPOL - $17.69/share, 1.4% yield, expense ratio 0.58%. This is an iShares ETF for the overall market of Poland. Yep, Poland.
   
   No real reason. We roasted the Ukraine, and then started just typing in Eastern European countries into TD Ameritrade’s search. Certain Slavic nations have listings that can’t be bought or sold for some odd reason…..
   
   Therefore, Poland.