Xle shook me out at the open yesterday just to gap and go today. Beyond frustrating but oil & gas signal went off today, hate all of the names tho.
Boiler Room: The Official Stock Market Discussion
Xle shook me out at the open yesterday just to gap and go today. Beyond frustrating but oil & gas signal went off today, hate all of the names tho.
September 1st, will be a big day for the market.
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QT will be ugly.
Rickdogg44
RIP Charmander RIP Kobe
QT will be ugly.
All this student loan forgiveness to get votes bs will not stop inflation
So I'm mixed here. I'm actually pretty hedged and will stay that way until there's a real pivot.All this student loan forgiveness to get votes bs will not stop inflation
I'm expecting some of downfall(red) during September and October, especially with QT at some point.
However, FE brought up a good point yesterday:
Basically there's a shyt ton of stimulus on the way. That should start hitting right around November. We all know how the market reacts to stimulus
Also, in November there will be midterms. As I'm sure many people have seen by now, midterms historically lead to bull runs for the next 6 months:
Stock Market Performance After Mid-term Elections | U.S. Bank.
With that said, I'm not a financial advisor, and think of all statements as opinions
Rickdogg44
RIP Charmander RIP Kobe
@FreshFromATL
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Rickdogg44
RIP Charmander RIP Kobe
So I'm mixed here. I'm actually pretty hedged and will stay that way until there's a real pivot.
I'm expecting some of downfall(red) during September and October, especially with QT at some point.
However, FE brought up a good point yesterday:
Basically there's a shyt ton of stimulus on the way. That should start hitting right around November. We all know how the market reacts to stimulus
Also, in November there will be midterms. As I'm sure many people have seen by now, midterms historically lead to bull runs for the next 6 months:
Stock Market Performance After Mid-term Elections | U.S. Bank.
With that said, I'm not a financial advisor, and think of all statements as opinions
Good shyt.
IsThatBrothaMouzone?
Superstar
Think AA is trying to save the company while shareholders want a MOASS.Yeah I didn't find out about APE after the fact.
Is the CEO trying to screw over investors, or is the company doomed to fail unless it raises more capital
Without APE, wouldn't AMC just go bankrupt unless I'm missing something?
- My understanding is that AMC implicitly is saying "In spite of the meme hype, we have a failing business model, and so in order to stay afloat, we need to raise more capital by issuing more shares of AMC"
- Current shareholders voted against issuing more shares, so AMC is stuck with either running out of capital or coming up w/ more money another way.
- AMC decides to spins off APE to get more money.
At the same time, AMC has been heavily shorted by the hedge funds so he knows the retail side makes valid points.
Flip side is that if we did have a major short squeeze, just about everyone would cash out as that's the only reason most invested in the company. GME by comparison seems to have a more staunchly loyal base that will keep some shares even if/when it does squeeze.
I'm invested in both but see GME as a company with some long term upside while AMC is more about the squeeze. Hedge funds and probably the SEC, DTCC etc., can't allow this to blow up. Ignore the fundamentals and ask yourself: what happens if AMC went up to $50k/share?$100k/share.
Hell it would be problematic at $1,000/share. Whether it's possible or not is purely conjecture but there are powerful forces that don't want to tempt fate. AA is in a tricky spot because he has to keep shareholders engaged and make us believe he is on our side but if he keeps pulling moves to dig AMC out of a ditch, he's going to lose a lot of folks looking for that retirement package.
Frankly I think he's stuck.
Rickdogg44
RIP Charmander RIP Kobe
We shorting SNOW after the pop?
My latest dumbest decision in hindsight. Selling Celsius Holdings in the $65 (bought at $49) range last year to buy SoFi in the $20 range back when it was IPOE. Celsius is damn near twice that and SoFi isn't even half what it was.
From a technical standpoint, it’s a layup short under 187 but idk what the short interest currently is, nothing to step in front of
SleezyBigSlim
Banned
Anyone here trade futures?
Yes, Almost exclusively