Economy stonks v14, brokergate

lol jesus Betsy Cohen looks like she is getting interviewd from the Senior Women's Detention Center on cnbc
 
Hadron90 said:
Is $SPCE getting a little retardly high for anyone else? This was something I actually bought for long term gains, but I was thinking like $30 EOY. I can't see how a tourism company charging hundreds of thousands to take celebs into space...that has never actually delivered anyone to space, should have a $10bil market capitalization. Should I sell off and wait for a crash to get back in?
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i think it's hot garbage, but i also think tesla and most EV are hot garbage, too.

and today is booooooooooooooooooooooooooooring so far. for me, at least. i'm debating just going to bed.
 
lmao JAZZ short bless. I swear this market has so many people bidding up random shit
 
@brackis1 @rob mafia
Ok. I was very exposed to SPCE anyway at 15% of my account (I didn't buy that much obviously, it just has grown a ton on its own). I sold half. I'm bullish on the company, but on the order of like 5+ years. $10bil market cap without ever having produced a single thing of value is silly for this company. I can't see how they don't put out a bad earnings or have a rocket malfunction somewhere this year that doesn't crush the share price.
 
Hadron90 said:
@brackis1 @rob mafia
Ok. I was very exposed to SPCE anyway at 15% of my account (I didn't buy that much obviously, it just has grown a ton on its own). I sold half. I'm bullish on the company, but on the order of like 5+ years. $10bil market cap without ever having produced a single thing of value is silly for this company. I can't see how they don't put out a bad earnings or have a rocket malfunction somewhere this year that doesn't crush the share price.
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Congrats.
Our blessing as a "way too expensive shit fad" means it will moon higher probably, though my pulse for the top on that sort of thing has been better as of late.
 
DGNR was at like $16 PRE MERGER ANNOUNCEMENT based on Dragoneers rep as a growth tech entity and they signed some shitty IT firm and it tanked; the worst "merger news loss" on a spac to date.
The good news being that it sold off DGNS their second spac too, but DGNS is a much smaller spac and rather than signing a more mature 6 bil co like DGNR did, at 1/3 the size I see WAAAAY more potential for them to snag a growth company next.
At 12 bucks I can't yolo it, but averaging in assuming they hit a deal in next 1-5 months.
 
Wtf just happened in CCIV? Wow
 
brackis1 said:
lol CCIV just CRASHED just a heads up guys.
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Any merger news? I killed it yesterday and was expecting a drop to buy back in but today has been nutts. Opened down went way up then crashed
 
So hard to say; CCIV is loaded to the gills with stoploss orders that could cause any of this.
Again, why I just got out and not stressing myself over the risk.
 
Wish me luck went huge on the dip
 
tos crashed my comp and i missed out on it. womp, womp.
 
tenor.gif
 
Hadron90 said:
Its going back down. I'd be terrified that some insiders got some bad news about Lucid.
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yeah i cashed 4pts real quick in n out that's what a hamburger is all about
 
Lucid has CCIV by the balls at this point with the current price. I can see a big dip coming perhaps as low as $27
 
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