Economy stonks v24, snakes in the ukraine

[HOLA]

I knew this was inevitable...

Germany to buy 35 Lockheed F-35 fighter jets from U.S. amid Ukraine crisis

https://www.reuters.com/world/europ...fighter-jet-government-source-2022-03-14/?utm

 

[HOLA]

It's insane how BABA is under $80 when you look at the balance sheet. I mean yeah the delisting fears but we have been hearing this sort of stuff for years. Something has got to give. We are either going to make huge bank in a year or going down with a sinking ship.

When you just look at the fundamentals you're obviously looking at a truly rare bargain.

All the commonly mentioned risks associated with China are imo highly overblown or misunderstood. Especially the delisting stuff. A lot of people seem to think any day now there will be some announcement shares are delisted and that means shares become worthless. That's not what happens. Regardless I don't think BABA will be delisted so it's a moot point.

 

[brackis1]

Insane: VXX is up 4.5% after hrs while the indexes are also up.

 

[kahiljabroni]

Dude needs to have the "buy an S&P 500 index fund" intervention ASAP.

He did throw some into an index fund...bought the absolute top of that too. I tried to convince him to change course many times...doesn't listen

 

[kahiljabroni]

I'll take another round of dumping tomorrow. Make it a double...im almost ready to flip to calls

 

[BIKES!]

Venezuela and Brazil coming to the rescue…

 

[Gas121]

Oil tanking still lulz. Pre-invasion prices though? Doesn't make much sense to me now tbh. No deals, no end in sight, no nothing. The set up looks good for an entry 2moro. I think we settle at $90-$92 range, then leg up in the next few weeks on big oil.

Calls if we tank 2moro seems the obvious bet. This selling is just outrageous at this point. I'm starting to feel bullish (no kidding). The bottom is about to fall out here.

 

[rob mafia]

Insane: VXX is up 4.5% after hrs while the indexes are also up.

there's fuckery afoot with vxx. it's apparently unhinged from vix and being squeezed as a result.

i wish i knew the reason why yesterday, i would have been in it.

 

[Gas121]

Bloomberg legitimately want to tank this market as well with more FUD and scaremongering articles? Starting to lose my respect!

 

[brackis1]

wtf is going on lol VXX is up like 20% while the markets are up to flat

 

[rob mafia]

wtf is going on lol VXX is up like 20% while the markets are up to flat

i told you, it's unhinged from vix. literally.

it's not following the vix anymore, they needed to issue more shares and didn't. it's as much of a vix play/hedge as nkla.

https://www.businesswire.com/news/home/20220314005483/en

wish i paid attention yesterday, i would have been all over it. instead i decided to see another red day and said fuck it.

 

[brackis1]

i told you, it's unhinged from vix. literally.

it's not following the vix anymore, they needed to issue more shares and didn't. it's as much of a vix play/hedge as nkla.

https://www.businesswire.com/news/home/20220314005483/en

wish i paid attention yesterday, i would have been all over it. instead i decided to see another red day and said fuck it.

yeah just realized this. Had a small position and sold at the open whoops.

 

[brackis1]

lol wow I bought some KC yesterday after hrs for a scalp...left 20% on the table.

 

[Pride23]

Just a thought, Lemonade has now hit a market cap lower than there intrinsic value. They could liquidate everything and return more to the share holders than the company is being valued at. I find it hard to believe the stock could go down significantly more in a scenario like that., its back stopped by the cash and you can use options to get in even cheaper.

 

[rob mafia]

i bought baba $100 6/17 and immediately feel an irrational amount of concern for a small position

 

[brackis1]

Just a thought, Lemonade has now hit a market cap lower than there intrinsic value. They could liquidate everything and return more to the share holders than the company is being valued at. I find it hard to believe the stock could go down significantly more in a scenario like that., its back stopped by the cash and you can use options to get in even cheaper.

I was thinking something similar.

 

[rob mafia]

i bought baba $100 6/17 and immediately feel an irrational amount of concern for a small position

and sold for a loss. it's probably a good play, but i don't want to hold anything china.

 

[44nutman]

and sold for a loss. it's probably a good play, but i don't want to hold anything china.

I keep looking at Baba and the China thing scares me as well. I will continue to look and think it looks good but like you Chinese stocks are too much risk right now.

 

[44nutman]

$SfT earnings today. Either I am fucked or eating at sizzler, there is no in between. It’s run today but shorts aren’t bailing. I am afraid for me to make money I will have to will my shares to my kids.

 

[brackis1]

Curious if Crocs are getting into buy territory. Or should I wait for the other shoe to drop first?

this was a shoe-in.