Boiler Room: The Official Stock Market Discussion

SwizzLake

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I feel like some stocks will be down to March 2020 levels before they climbed back up again. When to buy the dip is the question? :patrice:

Netflix continues to go down a lot this morning.
 

Deafheaven

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NIO broke the March 7th low of $17.60.

:ohhh:

Im shocked this flopped so far because I was under the assumption is was literally backed by chinese gov so it couldn't fail but :yeshrug: I might have read something wrong.

my biggest holdings are aapl and tesla, I'm over the guesswork.
 

FaTaL

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Im shocked this flopped so far because I was under the assumption is was literally backed by chinese gov so it couldn't fail but :yeshrug: I might have read something wrong.

my biggest holdings are aapl and tesla, I'm over the guesswork.
Ccp shut down car factories for Tesla and nio due to covid
 

SwizzLake

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Yo wrf happened to $DKNG..It wasn't long ago in Sept of last year that it was $1280 per share.
 

BlaxOps

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Im shocked this flopped so far because I was under the assumption is was literally backed by chinese gov so it couldn't fail but :yeshrug: I might have read something wrong.

my biggest holdings are aapl and tesla, I'm over the guesswork.
The Chinese government screwed most of their companies by threatening to pull them from the US markets. Also, them not agreeing to outside auditing hurt them. As long as they drag their feet on audits, none of these CCP stocks will recover.

Damn shame too, because I really like NIO.
 

ahomeplateslugger

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bill ackman dumped netflix so fast and didn't even give the company an opportunity to turn it around after praising Reed Hastings on his leadership and skills. i wonder if he bought it to sell puts or what his end game for it was if he dumped it after one quarter.
 

BlaxOps

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bill ackman dumped netflix so fast and didn't even give the company an opportunity to turn it around after praising Reed Hastings on his leadership and skills. i wonder if he bought it to sell puts or what his end game for it was if he dumped it after one quarter.
Losing $400 million of a $1.1Billion investment will do that. :manny:
 
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