Economy stonks v20, you get an offering

[brackis1]

lolll finally wrong for once: MRNA added to S&P for some reason and up even more. The market is just loaded to the gills with trash we are gonna get so wrecked in a year or two.

 

[rob mafia]

lolll finally wrong for once: MRNA added to S&P for some reason and up even more. The market is just loaded to the gills with trash we are gonna get so wrecked in a year or two.

nah, the s&p 9000 index will be over 9000

 

[Gas121]

lol crsr on cramer tonight i hope it pumps

CRSR is just dead at the moment. Earnings could be juicy though

 

[kahiljabroni]

This shorting business is fun. Made a quick G this week shorting nvda, shop, etsy, revolve, paypal and zoom. Sure, I lost more than that on my long positions but it helps soften the blow.

Closed nvda today but I'm going to re-short if it makes another push into the split

 

[kahiljabroni]

CRSR is just dead at the moment. Earnings could be juicy though

Bought a bunch at sub 30 last couple days...hoping for more weakness to load the boat

 

[brackis1]

lol fuck I had some FGEN short, got out to avoid a spike, and today they halt and announce FDA denies them on some shit. Prolly woulda made 50% on the commons

 

[Gas121]

Bought a bunch at sub 30 last couple days...hoping for more weakness to load the boat

Anything under 30 is more than a steal on CRSR. I sold out at the last pump.

I was so close to buying heavily INDI yesterday and it freaking mooned today.

 

[rob mafia]

Anything under 30 is more than a steal on CRSR. I sold out at the last pump.

I was so close to buying heavily INDI yesterday and it freaking mooned today.

i wouldn't say it mooned... but yeah, i was surprised it wasn't tanking further.

i like indi. the movements are crazy, though.

 

[BIKES!]

Someone loading up on Aug $6 calls, big chunk of the owners are tutes chasing this small cap pile of shit

could be double digit day

 

[brackis1]

one of those days where I feel like a huge winner by swapping shorts out of VXX into inverse indexes and didnt lose anything instead of a good amount.

 

[G-19]

lolll finally wrong for once: MRNA added to S&P for some reason and up even more. The market is just loaded to the gills with trash we are gonna get so wrecked in a year or two.

Lol I literally came here to post this. You’re right though, the market is fucked but let’s kick the can down the road a little longer.

 

[boingyman]

Diamond hand AEHR or take some profits off the table? Going long it has the potential to multibag, but the volatility through that process I can't say. If it reaches high 3's I may just sell and reposition myself in the future. Volume will likely be crazy today

Someone loading up on Aug $6 calls, big chunk of the owners are tutes chasing this small cap pile of shit

could be double digit day

SMSI? I know someone that loaded up on $25k for Aug $6 calls I think 2 days ago. I know a lot of people that are selling puts, buying calls and adding more stock in the past 2 days. Can you believe I'm actually in the green now? LMAO!

 

[brackis1]

Lol I literally came here to post this. You’re right though, the market is fucked but let’s kick the can down the road a little longer.

Yeah I was lucky to offset some losses when it was up like 10% and shorted down, since usually 5-6% pop is standard. It actually makes it a really attractive short 280+ since this demarcates the mainstreaming and de-risking the upside.
I'll start accumulating again 285+....that's 15% above where it was already fully valued imo and got its S&P buyup.

 

[BIKES!]

Diamond hand AEHR or take some profits off the table? Going long it has the potential to multibag, but the volatility through that process I can't say. If it reaches high 3's I may just sell and reposition myself in the future. Volume will likely be crazy today


SMSI? I know someone that loaded up on $25k for Aug $6 calls I think 2 days ago. I know a lot of people that are selling puts, buying calls and adding more stock in the past 2 days. Can you believe I'm actually in the green now? LMAO!

At least someone is. I may sell some calls but I got another $1 to go to get back to even.

 

[G-19]

Yeah I was lucky to offset some losses when it was up like 10% and shorted down, since usually 5-6% pop is standard. It actually makes it a really attractive short 280+ since this demarcates the mainstreaming and de-risking the upside.
I'll start accumulating again 285+....that's 15% above where it was already fully valued imo and got its S&P buyup.

Just be careful because the Covid plays defy all logic despite technicals clearly pointing one way or another. NVAX ran all the way to $330 on FAR less before it cooled off. Good to hear you crept out the back door before they got you good.

 

[brackis1]

Just be careful because the Covid plays defy all logic despite technicals clearly pointing one way or another. NVAX ran all the way to $330 on FAR less before it cooled off. Good to hear you crept out the back door before they got you good.

$ price per shar has nothing to do with total valuation of the co, and NVAX had the conceptual advantage of being a smallcap co, not a law of large numbers inert megacap which won't see any massive upswing days post inclusion. A lot easier to get volatile upside moving a few billion in valuation for a 50% swing.
See: Tesla

24 hr move in MRNA is worth as much as NVAX as an entire company is valued.

 

[brackis1]

Also fuck I was ready to play some NEGG if it fell under 25 but couldnt get it

 

[G-19]

$ price per shar has nothing to do with total valuation of the co, and NVAX had the conceptual advantage of being a smallcap co, not a law of large numbers inert megacap which won't see any massive upswing days post inclusion. A lot easier to get volatile upside moving a few billion in valuation for a 50% swing.
See: Tesla

24 hr move in MRNA is worth as much as NVAX as an entire company is valued.

I agree with all of that. I’m pretty sure they’ll be added on the 21st of this month so we’ll see how high they can go but $250 was beyond fair for a valuation. Might be some good profit on the downside or it might just keep going to $300 and defy all logic.

 

[brackis1]

I agree with all of that. I’m pretty sure they’ll be added on the 21st of this month so we’ll see how high they can go but $250 was beyond fair for a valuation. Might be some good profit on the downside or it might just keep going to $300 and defy all logic.

I also get the feeling some of the run into the news yesterday was actually people who had a hint or info that this would happen.

 

[Rygu]

I'm noob as fuck when it comes to shares, I was thinking of buying a few hundred dollars worth of SLV a month for the next 5 years and putting it on my mortgage when its time to renew.

Decent idea or no?