Economy Stock market chat v4: Planet Fitness downgraded by rogues.

Discussion in 'The War Room' started by JonesBones, Jul 25, 2019.

  1. rob mafia

    rob mafia Brown Belt

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    to think that the market is tanking because some basketball guy made a tweet about hong kong.
     
  2. brackis1

    brackis1 Gold Belt Platinum Member

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    Well sort of; and chip bans.
    I'm livid.
    I shorted AMBA all the way from 55 to 65 waiting for this bullshit and gave up.
     
  3. rob mafia

    rob mafia Brown Belt

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    i mean, as far as i can tell, it was the dumb nba shit.

    the bans were announced yesterday evening, and later, s&p futures were at +20. then china blacked out the backetball game and blacklisted nba shit, and the futures immediately went red.

    beatsthefuckouttame

    believe me, i wish/hope it's about the tech bans. that makes WAY more sense. but the timing indicated otherwise.
     
  4. brackis1

    brackis1 Gold Belt Platinum Member

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    The tweet happened like 3 days ago. The chinese reaction is posturing related to all those aforementioned things plus their HK insecurity.
     
  5. brackis1

    brackis1 Gold Belt Platinum Member

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    Another wonky day out there.

    Put a bet back on Bloom Energy with all these power outages in CA; they run always-on nat gas fuel cells for server centers and some major tech cos.
     
  6. rob mafia

    rob mafia Brown Belt

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    i have no idea what's going on. s&p is super green and so many stocks are smoldering for... no apparent reason?

    i bought some amc at 9.30 and it tanked even more. *shrugs*
     
  7. brackis1

    brackis1 Gold Belt Platinum Member

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    Yeah I like to run thru my portfolio and "project" based on dow, s&p and other tickers Ive seen where my stocks will be and each of my guesses before pulling a quote has been off. (some for the better so im not complaining).


    Just loaded up some TLRD at 3.75
    I have to imagine at this level someone wants to buy them andor the sharebuybacks will kick in.
     
  8. rob mafia

    rob mafia Brown Belt

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    lolz. i bought tlrd earlier, too. kind of on a whim, kind of because of its moderately predictable sways.

    bought some sdc @ 11.11, also. sold at 11.60. might pick up some more soon. dunno. this one feels sketchy.

    buying smlp because i don't really get why it dropped as far as it did.

    sold tsm. hoping to get it back, though.
    @brackis1


    edit: lolz @ china comparing the hk protests to 9/11.
     
    Last edited: Oct 9, 2019
  9. brackis1

    brackis1 Gold Belt Platinum Member

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    nice. I flipped some AMC after you lamented it. So it goes eh? I find somne of my best opps when I see someone headscratch; usually they're right just misttimed.
     
  10. brackis1

    brackis1 Gold Belt Platinum Member

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    Damn; Bed Bath Beyond up huge. Had a chance to swoop it at 11.3 and passed. Oh well Might short if I can get shares above 13
     
  11. brackis1

    brackis1 Gold Belt Platinum Member

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    lol PG&E down 25% AH back to 8 bucks.
    Glad I ran away in the 20s. Still might short this thing into the morning.
     
  12. Ophydian

    Ophydian Yellow Card Yellow Card

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    Market is going to jump around like this until 2020 and the Dems select their candidate.
     
  13. Ophydian

    Ophydian Yellow Card Yellow Card

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    Market is weird. Drop the stock because of loss revenue out of fear they’ll be accused of starting another fire making the stock go down just as much. Kind of telling here about how to play them on a yearly basis
     
  14. brackis1

    brackis1 Gold Belt Platinum Member

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    No; this is because of a judge stripping them of the right to control their Chpat11 restructure plans.
    They now have to work with bondholders and victims and hear their plans, which could include wiping away all unsecured equity.
    The stock was up during the daytime despite the fire thing being known all day
     
  15. brackis1

    brackis1 Gold Belt Platinum Member

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    My beautiful bet on Bloom Energy starting to work out. Hope it can hold this 7% gain. edit: Damnit sold @ 10% and now its up 14%
     
    Last edited: Oct 10, 2019
  16. rob mafia

    rob mafia Brown Belt

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    today i won big and lost bigly and then won small. also, knife catching.
     
  17. brackis1

    brackis1 Gold Belt Platinum Member

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    And I nailed this. Insiders all bought at 3.8 and it surged to 4.16
     
  18. rob mafia

    rob mafia Brown Belt

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    i sold a little early, but still made out well. i don't think insiders had much to do with it, today.

    days like this make me feel like a professional knife catcher.
     
  19. brackis1

    brackis1 Gold Belt Platinum Member

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    Insider buys definitely had something to do with it; no other retailer was up 10% like that. Shorts freaked. I sold half at 4.05 and the remainder at 4.20
     
  20. rob mafia

    rob mafia Brown Belt

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    probably, but i mean... nearly everything's way green today.

    i sold at 4:12, but i bottomfed at 3.76, so i'm not going to complain. i'm always happy to take the guaranteed money...

    @brackis1
     
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