Economy stonks v24, snakes in the ukraine

[HOLA]

Financials aren't great on OXY. I get oil is hot property right now but this kinda rise is nuts. So tempted to short OXY and a few others but timing oil to short is difficult atm. The volatility is crazy but I think there is some money to be made going short soon.

Buffett is a legend, but has somewhat of a mixed record with oil and gas investments. Messed up buying COP when oil and gas prices were at record highs in 08, and really messed up with the Energy Future Holdings bonds. Got a pre-tax loss of $873 million on a $2 billion investment with that one.

OXY appears to be doing a great job paying down debt and has a license to print $ at these prices, but I have a hard time predicting what the future holds for a company like that. Too many unknown variables for me to comfortable with.

Berkshire's average cost per-share is well below the current $61 shares are trading for, so it's working out well so far. We'll see.

 

[44nutman]

I've been looking through Seeking Alpha's quant rankings (which actually appear to have short but decent track record) and noticed ARKK is ranked 1944 out of 1972 haha.

Cathie Would's Only Fans looms.

She is buying a ton of $ATAI, which is an interesting idea, using psychedelics for mental health, but her track record has been so bad, and I am about 50/50 with developing pharmaceuticals, currently passing on jumping in, but have been watching it, earnings is 03/30, so trying to get a feel for the earning outlook and would like to get in under 5, but still on the fence. I only do good with Blue Chip Pharmas.

 

[rob mafia]

She is buying a ton of $ATAI, which is an interesting idea, using psychedelics for mental health, but her track record has been so bad, and I am about 50/50 with developing pharmaceuticals, currently passing on jumping in, but have been watching it, earnings is 03/30, so trying to get a feel for the earning outlook and would like to get in under 5, but still on the fence. I only do good with Blue Chip Pharmas.

no, son. we have atai at home (mnmd)

somehow i haven't lost tons of money on mnmd's hilarious (yet somehow expected decline) due to aggressive short calls on my shares and nonsensical short puts for the rest.

 

[HOLA]

Oh yeah.

BEIJING (AP) — Alibaba Group (BABA), the world's biggest e-commerce company, increased a share buyback to $25 billion from $15 billion on Tuesday to prop up a stock price that has fallen by more than half since the ruling Communist Party tightened control over tech industries by launching regulatory crackdowns.

The increase is a “sign of confidence in the company’s continued growth,” Alibaba said. The company said it has paid out $9.2 billion so far in the buyback announced earlier.

Hopefully they were buying a boatload when we got under $80.

 

[rob mafia]

Oh yeah.

BEIJING (AP) — Alibaba Group (BABA), the world's biggest e-commerce company, increased a share buyback to $25 billion from $15 billion on Tuesday to prop up a stock price that has fallen by more than half since the ruling Communist Party tightened control over tech industries by launching regulatory crackdowns.

The increase is a “sign of confidence in the company’s continued growth,” Alibaba said. The company said it has paid out $9.2 billion so far in the buyback announced earlier.

Hopefully they were buying a boatload when we got under $80.

i called the bottom within minutes. then got out, anyway. lolz

 

[44nutman]

$GEVO exploding. They signed a 75 million gallon a year deal with Delta. I am already up a ton but never sold because owner is tight with Biden. Been waiting for them getting some government money, so continued to hold hoping it gets to 8/share. Delta deal puts them on track for my sell price.
Boats and Hoes.

 

[brackis1]

$GEVO exploding. They signed a 75 million gallon a year deal with Delta. I am already up a ton but never sold because owner is tight with Biden. Been waiting for them getting some government money, so continued to hold hoping it gets to 8/share. Delta deal puts them on track for my sell price.
Boats and Hoes.

Id eject.
This is a sell the gains market.
Conservative scheckle counters will never let the market truly be "up" under Biden. We're back to even right now essentially.

 

[brackis1]

new thesis: all the shitcoins and meme junk is way up because it's spring break time so more young idiots playing the market than in prior weeks/months.
Bet we get another downturn after weekend.

 

[rob mafia]

new thesis: all the shitcoins and meme junk is way up because it's spring break time so more young idiots playing the market than in prior weeks/months.
Bet we get another downturn after weekend.

yeah, apparently i fucked up by getting out of (most of) my garbage stocks.

trash is up like 40% in the last week.

 

[G-19]

Id eject.
This is a sell the gains market.
Conservative scheckle counters will never let the market truly be "up" under Biden. We're back to even right now essentially.

Agree with this 100%. I was on board with Gevo last year but ejected in the $12’s even though I wish I cared enough to buy back low but this won’t last.

 

[G-19]

$GEVO exploding. They signed a 75 million gallon a year deal with Delta. I am already up a ton but never sold because owner is tight with Biden. Been waiting for them getting some government money, so continued to hold hoping it gets to 8/share. Delta deal puts them on track for my sell price.
Boats and Hoes.

$8 might be a long hold my friend.

 

[44nutman]

$8 might be a long hold my friend.

Thats fine, dont need the money anyway. Figure they should be there in 2023 with the Delta deal, and if Biden delivers some government money for his buddy, then I am out.

 

[G-19]

Thats fine, dont need the money anyway. Figure they should be there in 2023 with the Delta deal, and if Biden delivers some government money for his buddy, then I am out.

Fair enough, I have some plays that are Q2 2023 as well so that isn’t too far away.

 

[brackis1]

lmao fuck yeah. Saw all the meme stonks were upo but derivative stonk play HYMC was way down. Bought some...10% gain.

 

[brackis1]

lol gamestop now up 27% on no news?

 

[Revolver]

lmao. I had some $30 lotto calls for LCID that went nearly to nothing. Sold most for 50%. Holding runners only now.

 

[Gas121]

Garbage stocks and plenty of them well up over 100% in a week. This market is really like crypto now isn’t it. Shit stocks are like shitcoins. I just dunno anymore lulz.

not sure why memes are mooning but I’m Ready to short a lot of garbage soon. Going vertical usually doesn’t end well. None of this makes any sense.

 

[rob mafia]

lmao. I had some $30 lotto calls for LCID that went nearly to nothing. Sold most for 50%. Holding runners only now.

i'm so confused by today.

nvidia's announcements tanked nvda and amd... while lcid moons off of it. it makes no fucking sense. hahaha

(amd and nvda should probably be up, intc down, lcid flat)

 

[Revolver]

now got some rivn as well.

 

[rob mafia]

my god, ibkr's ceo has the face for radio and a voice for coloring books.

every time he's on tv i'm wondering if he's having a stroke