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Economy stonks v26

lol fuck I shoulda shorted some GME of the early pop: head of their blockchain dept getting canned/leaving.
 
Deployed some cash today. Had to pick up some 2025 leaps and picked up more puts on the S&P expiring in December.
 
Can someone explain how Asana would keep going any more than where it is now?
Currently trading 28.5
Last week on earnings they announced they shored up liquidity by diluting thru a private placement of 300 million from ole Dusty Moskovitz at just 18.5 for new Class A shares.

So how is he up 50% on that offering in a week if they didn't have better options?
Basically means no shot they had takeout offers.
Seems like a no brainer short for a scalp if willing to endure one or two lumps while legging in.
 
Pride23 said:
Deployed some cash today. Had to pick up some 2025 leaps and picked up more puts on the S&P expiring in December.
Click to expand...


Puts might pay off better than anticipated. Fed is tightening further and for longer than people realize and earnings are not priced in.
 
Things are getting fun. 3 month T-bill just went up 25bps overnight and USD index is up nearly a full percent. CPI also came in hot. Should be a nice bloodbath today.
 
Well I’m not surprised. That print was pretty bad all things considered. This market outright sucks tbh. My only regret was not going short after closing all my positions out yesterday. Figured this rally was set up to crater back to earths core.

I think we will bleed all week.
 
Ugly day bros. Some nice sales but my coffers are running kinda low. Bought some HD at $282.5

NTDOY is my only holding up for the day. Up 3%. New Zelda announced...

zelda-the-legend-of-zelda.gif
 
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Yikes. Barely even a single dead cat bounce. Looks like we going lower folks.
 
brackis1 said:
Can someone explain how Asana would keep going any more than where it is now?
Currently trading 28.5
Last week on earnings they announced they shored up liquidity by diluting thru a private placement of 300 million from ole Dusty Moskovitz at just 18.5 for new Class A shares.

So how is he up 50% on that offering in a week if they didn't have better options?
Basically means no shot they had takeout offers.
Seems like a no brainer short for a scalp if willing to endure one or two lumps while legging in.
Click to expand...
Welp right again :)
 
brackis1 said:
Nice.
I only held commons.
Click to expand...
Bought the calls a couple hours too early yesterday, so it dampened the gains a little, but been holding my shares at $36 avg and will sell when it gets closer to $50
 
Stock market has really been awful under Biden and the Democrats. Imagine with their policies that will remain the case. Glad I have some decent fixed income investments. They are not keeping up with the high inflation seen, but good to have some money coming in.
 
Beechwood said:
Stock market has really been awful under Biden and the Democrats. Imagine with their policies that will remain the case. Glad I have some decent fixed income investments. They are not keeping up with the high inflation seen, but good to have some money coming in.
Click to expand...
Yeah it's all bidens fault!!!!!! Dems made it so dogecoin sucks
All presidents have a patriotic duty to make the stonks go up infinity so I can do be rich man hurrrrrrrrrrrrrr
 
Mortgage rates enter the 6% range. I think we may hit 7 before year end. The real estate market will experience a much needed reset, harder in many parts of the country. Not looking good for stonks
 
As I predicted, TSLA was a cuckhold fetish stock during this market collpase for growth chasers and is up 12% since I closed my short to bet against the market instead. Now I'm reversing that and going against (could run to 350 under crazyness) with some other stuff as longs.
 
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I should have held that shitcoin pumpndump lvl stonk CFVI.
Gonna crash but its up 20% from where I sold and 40% from where I said buy to flip.
 
Elon Musk may be fighting tooth-and-nail to get out of his deal to buy Twitter, but the social media company’s shareholders plan to hold him to it.

The vast majority of Twitter (TWTR) shareholders on Tuesday voted in favor of Musk’s $44 billion takeover deal, a value of $54.20 per share. The company’s stock opened Tuesday at just under $41 per share, nearly 25% below the deal price.

A preliminary count indicated that 98.6% of the votes cast on Tuesday were in favor of the deal, Twitter said in a statement.

<Oku02>
 
lollllll another Cramer darling gets wrecked. Adobe overpays by like 10 billion bucks for some design design startup, falls 10% into earnings. Now down 50% from high.

Cramer sent chodes to the slaughter for the past 2 years on this.
Now back to 2018 levels.


lol scamartist CEO "all of tech has been hit a little bit"
Yeah bro your subscription-slavery software scam dropped by more in paper losses than it would cost to literally solve the world food crisis.
 
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