OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[shibadekobe]

Konichiwa B*tches!!!!

 

[shibadekobe]

*Short TSLA from what...$400??
**how go from a Billionaire to a Millionaire

"JIM CHANOS SAYS STILL SHORT TESLA: BBG "

CHANOS SAYS DOES NOT HAVE A POSITION IN NIKOLA MOTOR

 

[GJ93]

Volume today is straight up non existent

 

[johnnyredstorm]

Stalking NVTA on this merger news for an entry. Hindsight is 20/20 should've chased it this morning premarket at 21. Oh wells.

 

[Aviator]

Bloomberg - Are you a robot?

www.google.com

 

[johnnyredstorm]

If you think NKLA is going to be above 55 by August expiration, the 55-50 bull put spread is offering tremendous r/r. Typically when options markets are this favorable the likelihood is low. So bear that in mind.

 

[HarlemShakeStory]

$IDEX

How’d you do? I bought a few hundred shares at $2.19 on Friday and sold today at $3.01. It was bouncing between $3.70-3.80, then around 12:30 took a sharp dive to $3 and triggered my sell order. Was back at $3.50 within seconds. Cost me a couple hundred bucks but I still did okay.

 

[wballz]

MSFT finally hit $200

Sold my Sep 200 calls (which I bought in Feb).

43% gain. that is a long assss wait. hahahahha fuuuuu

 

[xbiker47]

Too late to get on the ETSY train?

 

[johnnyredstorm]

Too late to get on the ETSY train?

Love the stock, missed the boat, made a mistake not jumping at 73. Not sure about chasing up here full size. Maybe use 1/5 of your normal position size and add in gradually.

taking a small starter in nvta. High risk so gonna keep my allocation size small and slowly dca in.

 

[goledensilence]

And just like that Facebook still making companies kiss the ring. Streaming platform for video games is shutting down and changing to Facebook Gaming.

 

[lazyj10]

Volume today is straight up non existent

Everyone probably has COVID

 

[shibadekobe]

 

[lazyj10]

Out of curiousity, what’s the benefit of SPAC vs traditional IPO? Do they save a lot of money? Is it the lack of a traditional lock up? I wonder if we’ll see more companies go that route or if it will be reserved for the smaller company/the boiler room type company.

I don't particularly know, to be honest. If they pursue it, I'll glean a lot more info. Our firm has worked with others in the space, but I haven't personally. Based strictly on one conversation, I think it relates to the end game (i.e. eventually going public, anyway) and being in a position to take a 'whole deal'. Liquidity never came up but it would it would lessen their technical hold period, though, for purpose of capital gains/carried interest, may or may not be worth it.

August and September are going to be bad. Fourth of July is gonna mess things up. I have friends thinking I’m an ******* for not hanging out with them and saying you should be wearing a mask. Too many people suck.

I'm with you. My county's numbers spiked and I don't think we 'flattened' the curve before all this re-opening...I really think the fall could be bad, personally. Just wait two weeks from this past weekend from Father's Day, too.

I do find it interesting that so many SaaS/Cloud stocks are doing so well. Not all these names can have that big of a moat. Gonna have to do more research on some of the larger names.

I don't want to speak out of turn since this isn't my natural area of focus, but if more content, data, etc. by companies who now allow or are moving to a virtual workplace by definition they'll need to have more and more into the cloud. Agreed recession proof and perhaps no moat, but during this time the asset class/industry is likely to be bid up. Who knows? Like you, I have some research to do. Data Centers also probably worth checking into.

I mentioned over the weekend when I was back on the PC I'd cover my non spec holdings.

Won't bore you all with each position, but it's basically a mix between mutual funds and equities. Was lucky enough to get some shares, albeit a very small quantity, in the likes of FANG years back.

In order by unrealized gain:
-AMZN
-AAPL
-IVV
-LGLFX
-FB
-MSFT
-GOOGL
-JPM
-PANW
-SBUX

My biggest 3 losers, all unrealized losses:
-CVS
-SMVTX
-LB

 

[shibadekobe]

 

[shibadekobe]

$ES

 

[shibadekobe]

 

[shibadekobe]

$ES...We back!!!

 

[andycrazn]

i love quoth the raven. smart guy that knows how to troll

 

[xbiker47]

LOL at futures going from down 400 to potentially positive

 

[shibadekobe]

 

[Olympus]

LOL at futures going from down 400 to potentially positive

Officially green.

I don’t try to understand what’s going on anymore. I just accept it.

 

[xbiker47]

You could not make this up

 

[shibadekobe]

 

[xbiker47]

Look forward to hearing about the NBA come the end of this week along with that MLB news