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gamestop going up lol, this has to come down sometimeComment -
GCi got up to 3.84 overnight, a 50% boom, and then has sank since. Down to 2.90 and about even for the day. Talk about crap. Not sure whether to hold or sell at this point. It has increased volatility which means it's about to go either way in a big way. Thought with it acquiring five publications last week, including GolfWeek, it would keep shooting up.Comment -
I hope it does, cause I want to buy a lot more. I am assuming these covid winners are going to nose dive a little eventually. I was very close to buying at 200 last week, but I can see a bigger pull back if the reopening keeps going well thru the summer...which I think it will...Zoom is here to stay, I’m bullish and buying dipsComment -
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NKLa another one here to stay. They’ve gone crazy today. The signs were on the wall for their explosion. It finally came.Comment -
Just Sold GCI. Broke even. But jumped back on xspa at $2.16. Dipped enough to get back on board. Also put some $$& into AKTX.Comment -
I believe Blockchain is the future technology that fuels commerce, although I admittedly don't understand how to invest in the technology itself. One interesting aspect (Fund/Tech/ escapes me but the technology is being accepted by banks and financials.)
Digital currency is like electric cars IMHO in that until you accept/fuel them ???
I have a few books (couple years old) but if you're interested I'd be happy to offer.Comment -
Go MACY's !!!Comment -
Anyone notice BYND today? Apparently some sort of collaboration??Comment -
I'm on the board as shorting NFLX and GDX pretty lightly now but will pounce on them and the rest of the stay at home stocks and gold miners if we ever have a down day. I took my profits for the airlines and cruise ship profits because they are over 25% and I think that trade is done or near done so collect the cash. Who knows are we ever gonna have a down day again? History shows yes we are and at these levels going short is a better probability than going long from here. That said, I just can't get out of the industrial sector so I set my stop prices at a pretty generous level although a sideways consolidation wouldn't be the worst thing to happen before going back at them again. The financials are gaining finally and the buying volume is also up so who knows, but I took half my profits in the financials because I still think we will have some down days ahead although overall I remain bullish on the financials. My savings account known as SPH is even moving quicker than usual, so I expect that will come back a little as well so I'm taking profits in that one even for the short term.Comment -
Confident in AKTX. The same article I read that predicted a surge this week also picked OAS and DGL as one of its three penny stocks plays. Wish I would have played the other two today.Comment -
I like the advantages these REITs offer...CCI seems like the safest bet. They’ve already secured contracts to carry towers in the US and will only operate in the US so you won’t have to worry about global 5G problems with AMT. SBAC is another player you have to keep your eye on and I’ve read DISH could be a fourth competitor in the distant future.
these seem safe but Look overbought and going through a pullback since last week. I think overall I am bullish with the chips like Qualcomm, Skyworks, AMD, NVDA and also the providers esp AT&T and Verizon. Right now the premium on these stocks seems high and waiting for a pullbackComment -
I don’t think it’s a fad. I’ve used a few platforms like Webex, google hangouts, Skype, go to meeting, Microsoft teams etc, I think Zoom is the easiest and most popular, already a household name and allows 100s of attendees. They are elite and I think this was a similar conversation everyone said about google, Netflix, & Apple, ‘the market will be saturated’ ‘something better will come along’ When something is quality and easy to use people stick with it. Zoom for me.Comment -
There's a lot more to blockchain than a crypto "currency" aspect of commerce, in that sense. Blockchain tech is used to keep everything from supply lines to chain of custody secure and with integrity.
As far as monetary transactions go, understand that the credit card systems can handle far more volume, far more.
If it weren't for the chinese BTC farms we might already have a regulated crypto currency fund. That would have bumped the price of everything as it would open the gates for instituional money to come in to play.
All if it, of course, would be speculative trading.Comment -
Retail killed it today. Gonna keep holding xspa and bioc. PR for bioc is coming.Comment -
these moves are getting unbelievable
just today
nkla +104%
mik +59%
play +11%
amc +9%
home +13%
bhr +15%
kss +8%
never thought i'd see these kinds of returns in mere months in my lifetime... so many 5 or 10-baggers on stuff that still has close to 0 revenueComment -
how can anyone with a straight face explain to me how michael's/at home/etc are worth twice as much now as before the pandemicComment -
Me too.
Btw something I learned from my guy ROY BACON who I really miss here: when the market hits all time highs, if you backrest it, you'll see it usually keeps running. NQ composite should continue upward and I expect the other indexes to hit their all time highs pretty soon and they'll continue running up as wellComment -
When we play monopoly, we all start with the same amount of cash. When we land on a property an auction can be intiated for a property. We bid and someone buys it for whatever..
Now, before you get around the board again, the bankers hand everyone another stack of cash, a stimulus. When you get around the board and land on the property next to it, sure there's value to the guy who bought the first property, he might jack the price a bit in auction, but that's not as relevant...lol.
The point is that everyone has a lot more money for this next auction and everyone can bid a little higher.
These are auction markets and I've posted a few times how stimulus and the thought of stimulus are propping shit up. The example isn't direct as the money didn't necessarily enter the hands of instituional traders (they have money and access to more), but it did enter the economy, making the value of the dollar a little less. Just like that second round in monopoly.
When reality hits, we'll see. I'm sure the speculators who drove it up will profit when reality hits, but it doesn't mean it has to fall all that much.
There is just more money out there, so everything along the chain will cost more. You'd think it would eat into corporate profits, but prices can just go up for the consumer, mitigating that problem.
Until they can't anymore.
My face couldn't be straighter.
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kvb is a better read when we're talking about his asshole instead of his rants about monopoly moneyComment
