OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[wballz]

Coronavirus making me good money: $LAKE $NVAX $APT $NNVC

Too bad I sold early for nnvc and nvax. These picks were all golden

 

[GreenNGold89]

PLNT

 

[Brownstone]

Who else saw E-Corp guy (Mr. Price) on CNBC today?

 

[coolcool]

haha that is the ecorp guy.

loving pins. PT - 45+ by 2022 lol

 

[noskey]

Anybody going to short ZM? PE ratio of 6300 (give or take) seems....... slightly high? Lol

 

[johnnyredstorm]

Anybody going to short ZM? PE ratio of 6300 (give or take) seems....... slightly high? Lol

Lot of smart people I follow claiming those were some of the best earnings they've ever seen in a growth stock. I wouldn't touch it short unless it's a day trade. But I'll be honest, the numbers were so good I almost think that ZM might be doing some shady accounting. I wouldn't be surprised. I'm probably wrong, but who knows.

PINS turning into a PR machine


Not trying to spread any FUD here, just don't want to see anyone get roped into being a bagholder


Take some profits, leave a runner, raise stop to protect gains, never look back.

 

[truss]

johnnyredstorm put the whole thread onto PINS now everybody is eating

 

[johnnyredstorm]

Glad y'all are eating. Just make sure you have a plan on PINS for yourself. I'm a long term holder with a current average of 16.11, and profits that I had already locked in. Easier for me to be patient with this one because of those factors.

 

[truss]

BEST seeing some green finally. Baba holdings owns 37% of the company. CEO is ex google China exec. Look into $BEST if you haven’t

 

[turbospartan]

 

[bronconation24]

So we really just going to go straight up?
My shorts are hating me

 

[shibadekobe]

Riot Blockchain Continues to Increase Production Efficiencies and Aggressive Expansion of Bitcoin Hash Rate, Reaching 567 PH/s with Latest Purchase

www.riotblockchain.com

Riot Blockchain (NASDAQ:RIOT) purchases an additional 1,000 Bitmain S19 Pro Antminer for $2.3M.

Riot funded the acquisition with available working capital and has no long-term debt.

By Q4, without any further miner purchases, Riot estimates its aggregate operating hash rate will be ~567 petahash per second (PH/s), consuming 14.2 megawatts of power, assuming full deployment of the total 7,040 next-generation miners.

This would represent an estimated 467% over Riot's average mining hash rate as of late 2019 and an efficiency rating of 38.6 joules per terahash ("J/TH") versus 98 J/TH in 2019.

Expects the additional S19 Pro and S19 3,040 miners will be deployed in H2 2020 and are estimated to represent more than 56% of Riot's total hashing capacity.

 

[Betonblck]

So we really just going to go straight up?
My shorts are hating me

Yes, straight up. I can't wait to see how big this bubble gets over the next few months. Maybe we can get to 4,000 on the S&P

 

[purple sneaks]

Wheres my GNUS boys at? got in at 1.74

Hopped on at 1.43 and sold at 7.79 today. Looking to buy back in

 

[johnnyredstorm]

 

[noskey]

About to buy puts on 10 new companies.

 

[tkthafm]

Yes, straight up. I can't wait to see how big this bubble gets over the next few months. Maybe we can get to 4,000 on the S&P

It’s stunning. I’ve been totally wrong all the the way up, but I just did not think something this insane would actually happen. Nasdaq now a hair away from a new all time high. 2020 is something else.

 

[xbiker47]

Companies reaching all time highs while there retail stores are being looted

2020 is one crazy year

 

[johnnyredstorm]

Companies reaching all time highs while there retail stores are being looted

2020 is one crazy year

Make more money from insurance than sales

 

[johnnyredstorm]

GNUS




id be hitting the bid ahead of this. 8.50 premarket. Lock in those profits baby.

 

[shibadekobe]

 

[johnnyredstorm]

Don’t let a winner turn into a loser. This isn’t the next great company.

 

[shibadekobe]

DraftKings breaks into Michigan


DraftKings (NASDAQ DKNG) says it's partnering with Bay Mills Resort & Casino to enter into a new market access deal to bring its mobile sportsbook to sports fans across the state of Michigan.

In a DraftKings-led consumer study of Michiganders who expressed interest in online sports betting, over a third had already actively placed a legal bet via mobile by traveling either to another state or internationally where permitted.

The DraftKings Sportsbook mobile app is currently available in Colorado, Indiana, Iowa, New Jersey, New Hampshire, Pennsylvania and West Virginia.

While shares of DraftKings have cooled off a bit today in early trading, it's been a sizzling run for the sports betting provider since it's public debut arrived just as major sports shut down. The chart below shows how DKNG has stacked up to MGM Resorts during the pandemic.

 

[johnnyredstorm]

And another hit piece

 

[tay1]

Damn. Folks been hyping gnus for a while too. Fomo gonna push it a bit higher