I almost don't get it.Ievery time a company crushes earnings and then an analyst on CNBC is
that the stock is dropping... fukking pay attention. A stock runs up that much there is going to be pullback.
Boiler Room: The Official Stock Market Discussion
I
it’s just like when a merger happens runs up that once it happens sells the off
Traders are accumulating weeks before the ER making other “retail investors” jump on with fomo and then they sell right when the PR hitsI almost don't get it.
Saysumthinfunnymike
VOTE!!!
I almost don't get it.
The way I play it is if the company dips before earnings but I feel the earnings will be good then I'm buying because the earnings isn't yet priced in and you can still sell it directly after earnings for the initial price jump.
If it runs all week into earnings like Zoom did then it's going to drop, the earnings was priced in.
Saysumthinfunnymike
VOTE!!!
Zoom is something prone to a pump and dump, lots of new investors. they will be ok long term so long as zoom continues to be a leader in this space. but $200 is really high.
companies like FB aren't getting pump and dumped. it's something everyone believes in
Saysumthinfunnymike
VOTE!!!
i'm good with dkng selling off some. get rid of the shorties. some will regret it in the future.
Saysumthinfunnymike
VOTE!!!
What do we think about PENN at $31? They have some issues long term but it still has room to grow and it dipped over 5% today we could be looking at a nice swing back up once sports are announced and we get reports of long Vegas lines.
This analysis got a pt of 300 next so who knows
Saysumthinfunnymike
VOTE!!!
All over the map. Dude on CNBC earlier said he sees it going back down to $140 and it would be a buy at that point. tbh, I'd like to see the volatility continue and form a trading pattern.. we could swing on it
Some are holding until 6/15 but I'm selling 6/12.
Post your pennys from now on breh
What do we think about PENN at $31? They have some issues long term but it still has room to grow and it dipped over 5% today we could be looking at a nice swing back up once sports are announced and we get reports of long Vegas lines.
they got that barstool app coming I can’t stand that fool but he’s got a crazy following
good chance his podcasts, Igs, YouTubes, etc etc will have direct links to the betting app
they actually get money from draftkings for gambling licenses fees in certain states
but the balance sheet is pretty bad
still all things go as plan it’s in the 70-90 dollar range by next year this time
GNUS went up .35. Hopefully it holds or grows in the morning.