Economy stonks v20, you get an offering

[rob mafia]

and dat xlnx arbitrage.

i can't figure out why the ratio's dipped again (pretty much matching the all-time lows on 1/27 and 3/4 [1.506] ), but ok. i guess i'll have to take notice...

odd that after 6 months (ie: 6 months closer to closing) and passing 3/4 regulatory hurdles... it's going backwards instead of forwards.

 

[Gas121]

Have a feeling this market is going to sink again for a while.

Sitting with around 20% cash but I think its best to let the dust settle for a bit.

 

[brackis1]

lol made one trade yesterday cause I was so busy and lost minor afternoon money tryna reshort Grow Generation then made it back today and left.
Anyone have big winners? It's time to start shorting boys these volatility spikes are a snack.

I am right again lol

 

[rob mafia]

I am right again lol

i called amd's top and got out... just wish i didn't start making moves yesterday getting back in. but oh, well.

gotta say, though, i don't really know WHY the market's throwing a little tantrum (as in, right now/today). reminds me of march 2020 when the fed lowered rates to zero... and the market tanked, in response (vs mooning).

i guess it could be the bond market implosion, covid strains, lack of correction in s&p, etc... but the timing/etc feels funny today. imo, china's bullshit (ADRs, the fines to a buttload of their tech/finance companies, etc) seem to be driving it.

 

[BIKES!]

Fuck this shit. If japan really does some sort of lockdown for the Olympics we got a big excuse for a crash…

 

[rob mafia]

ffs, i already did some buying and my 'folio bounced sharply.

<Oku02>

 

[rob mafia]

and the arbitrage ratio went under 1.5, lolz.

 

[G-19]

Fuck this shit. If japan really does some sort of lockdown for the Olympics we got a big excuse for a crash…

The million dollar question is, would these lockdowns negatively impact the XBI? That ETF is made up of the bio sector and has more than a handful of legitimate Covid stocks ready to pop if things get out of hand again.

 

[Cuzcatlan]

 

[44nutman]

Bought $CARV this AM.

Fucker popped today. Up 180% today on no news. Lulzzzz

 

[rob mafia]

Fucker popped today. Up 180% today on no news. Lulzzzz

 

[rearnakedchoke]

Bought $CARV this AM.

Damn!!

 

[boingyman]

I think we are good for July, but come August there are several factors that could lead to the market dipping. Fed tapering and moving into Quad 4 (although a narrow Quad 4). Growth/spec/meme stocks could take a huge hit. I already moved my small cap ETF into cash 2 days ago to hold some and to buy others on the dip. May also move 10-15% of my S fund into G fund in a few weeks, possible moving more later.

 

[44nutman]

Fucker popped today. Up 180% today on no news. Lulzzzz

Lol I was pissed I sold half my shares at 28.59, watched it get back over 30 and now AH its $20.50.
I still have half at $10.47 and those fuckers are free plus a little cash in my pocket. So not sweating the huge drop, but will get out at 15 if it drops more tomorrow.
I was a turn and burn play anyway, not a long time play.

 

[brackis1]

Bought some GGPI for a flip on close on polestar rumor and was rewarded and gone
Honestly should have gotten more and held given the sexyness of that name.

 

[brackis1]

LMAO got 100 shares of NEGG at 42.50 on principle afters got out already for 44.

 

[Wadtucket]

+228% on my fake vaccine stonks since I bought before they started brewing the poison

Unethical gains feel better in the tumtum

 

[Revolver]

Fucker popped today. Up 180% today on no news. Lulzzzz

Low float heavily shorted stock. Played a couple of sympathies off this.

 

[brackis1]

lol this market won't die but it's definitely gassing.

I shoulda held my tardzo NEGG buy into Premarket and tried some of that carv shit lol.

BB have a run in it maybe?

 

[brackis1]

wow Stamps.com acquired by Thoma Bravo for 65% premium.