cashed out of FRSX, parked the gain on ARKK
cashed out of FRSX, parked the gain on ARKK
FCEL is neverending
Ultracrepidarian
The no-news runner.. It hit my sell order yesterday at 11.This quote is hidden because you are ignoring this member. Show Quote
Instagram: aka_drinkawaythepain
Is there a market cap ceiling for any of these companies or can a company just keep growing. For example I bought 25 shares of DND.TO about 6 weeks ago and there market cap at the time was just under 1B which I already thought was high for the financial tech space in Canada. Today they are at 2.2B and share price around $52
Got in and out of FRSX yesterday. Should of waited until today, missed on 250% + of profit. Seems to be the way I roll though.This quote is hidden because you are ignoring this member. Show Quote
DND is one of my favorites. I bought mid November as well and it's done amazing. They actually have earnings and they are growing with acquisitions. There should be lots of running room still.This quote is hidden because you are ignoring this member. Show Quote
NVEI is another one of my picks that's done real well lately.
Market cap is just (share price X # of shares outstanding). So either they offered more shares or the price was around $25ish when you bought.This quote is hidden because you are ignoring this member. Show Quote
Last edited by BavarianBeast; 12-23-2020 at 03:19 PM.
citron pumping frsx for a change claiming it may be used for cybertruck.This quote is hidden because you are ignoring this member. Show Quote
hope it drops so that i can re-enter
Q: Was the reason for the big stock pump earlier this year during covid because of the federal stimulus? Could it happen again now that everyone is being given free money
In broad strokes on what happened earlier in the year (based on my faulty memory).This quote is hidden because you are ignoring this member. Show Quote
- US dragged their feet on COVID as it spread through Europe
- Report of COVID being a bad bad disease to top officials of the WH and Congress allegedly leaked to Wall St.
- Market crashed with SPY hitting multiple circuit breakers over night
- Fed attempted to soften blow with monetary policy x2 or x3 (didn't work)
- Chair Powell turns on unlimited QE, purchase of ETFs mostly containing corp debt in conjunction with Treasury, and printer goes BRRRrrrrr...market rebounds stupidly
- We find out later that he was bluffing (best bluff evarrrr dat sly dawg) and printer hasn't gone BRRrrrrrrr, asset purchases has not materially begun
- Virus spreads through NY, stocks go down
- Printer goes BRRRRrrrrrrr for realz, stonks go up - further decoupling from economy
- Millions wfh, furloughed, etc with spare time and stimulus cheques on their hands sign up for RobinHood, etc. Market
- Fed/Treasury purchases quietly throttle down after market has been jump started, saving ammo for later - no one gaf
- Stay at Home (mostly tech) stonks go as the economy consolidates to those companies
- Chair Powell continues to warn that the economy is in the shitter and they are not even "thinking about thinking about increasing interest rates"
- SPACs go cray
- Market continues through the end of the year as Yanet Yellen is appointed Treasury (potentially setting up the most dovish Fed-Treasury tag team ever)
- Youthful investors take over some control of the market from IBs and HFs, emphasizing tech stonks over traditional stocks, and high risk trading strategies further leveraging growth
At some time, the market should take a breather but with the Fed and Treasury being so dovish - essentially setting a floor greater than the Greenspan put, it is unlikely we will see a massive collapse even as they shun negative rates. I . IMO we are entering into the golden age of tech.
Last edited by The_Rural_Juror; 12-28-2020 at 11:17 AM.
Everything I say is satire.This quote is hidden because you are ignoring this member. Show Quote
Wtf today with DOCU, NIO, PLTR, SHOP, WIX... Just slaughtered today. My only green were AMZN and GEVO
Instagram: aka_drinkawaythepain
Perhaps end of year sell off for fund managers to capture gains on an otherwise incredible stonky year.This quote is hidden because you are ignoring this member. Show Quote
Everything I say is satire.This quote is hidden because you are ignoring this member. Show Quote
Do they typically wait until the last couple trading days? I thought the whole month would be a slow sell-off but im probably dumbThis quote is hidden because you are ignoring this member. Show Quote
Instagram: aka_drinkawaythepain
Who knows. Every firm is different. Volume appears to be pretty low at a quick glance.This quote is hidden because you are ignoring this member. Show Quote
Everything I say is satire.This quote is hidden because you are ignoring this member. Show Quote
I smell buying opportunity coming up this week.
On most tech stocks
Poet Technologies looks ripe to stonk rocket
Did you buy? Is this an endorsement? LolThis quote is hidden because you are ignoring this member. Show Quote
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
did you watch the investor presntaiton? Fuck I'd buy:
This quote is hidden because you are ignoring this member. Show Quote
Was it presented by Hank Scorpio?
Ultracrepidarian
Well God damn...
Arash finally found a job.