Dumped most of them, didn't get max value. Sucker bounce probably and then another wave of selling is my guess.Originally Posted by Sanlmar
Dumped most of them, didn't get max value. Sucker bounce probably and then another wave of selling is my guess.
AMZN just bought Whole Foods
I can't process this. You just can't take over the world without consequences. But the bubble market says he can. We worry about money later.
Bezos is crazy
aight they didn't have this in the advance business books...WTF is his end game with this one?
revolutionize on demand groceries? so adding a small margin business (maybe whole foods has better margins because of it being upscale) to your empire...not processing...if you are shopping at whole foods are you really worried about on demand ordering? I'm very confused..
First, Snake is first ballot HOF for his AMZN trade. Getting out on great timing. Chart driven not fundamentals. But price always leads news.
Second, I feel there will be another short here. Soon.
Finally, for all the yammering about how they will integrate - the perception from the inside at AMZN is that Bezos splashes around to learn a business or industry.
Drop a couple billion to learn the shoe business (Zappos) then fold up the tent. This has been repeated multiple times. Some don't work but that's acceptable to him. He is not accountable for timely returns on investment as you or I might be. He has a free ride on the back speculative & bubbly market.
When inflation hits, I need a return on my investment. I need earnings and dividends to overcome my daily loss. I need a company that actually turns a profit.
I ain't a fundamentals guy. Life is too short to gamble fundamentals and see how that works out. However, intuitively his business is built on the premise of cheap transportion (fuel). Cheap fuel 10 or 20 years out prolly ain't likely.
You could spend the rest of your life trying to divine their earnings report or reading analysis. What I do know is this is the poster child for cheap money and bubbly enthusiasm for TSLA-like dreams.
Snake, did you have a fresh round of puts on AMZN?
Breaking $970 would be a really big deal.
Good fun today. Is this the beginning of the Naz collapse or what?
I dumped em earlier this week but I do have puts on NFLX & FB. Got stop on quote orders placed, they expire tomorrow. Up Bigly.
Biggest MUSH friend I know called me 2 days ago and said he was going to get his series 7 license to become a stockbroker. I told him thanks for the tip, stocks are going to crash for sure now. So far so good.
Cratered $970. Fantastic day.Biggest MUSH friend I know called me 2 days ago and said he was going to get his series 7 license to become a stockbroker. I told him thanks for the tip, stocks are going to crash for sure now. So far so good.
Stockbroker? "I wanna be a sales puke?"
The guy can talk about it or find out if he can actually do it as a prop trader. He will meet animals that will forever change his life even if he flames out.
Boot camp for life skills
Back to cash now. Going to reload again maybe tomorrow or wait till Monday. Tech is still going to get smashed. Hoping to catch the session where AMZN opens down 100+.
Tip: if you want a good stock to short, find a good entry point and short APRN.
Total shit stock imo. They just IPO'd a few days ago and i knew it was going to be shit before it even started trading. The whole concept of the service they offer has doom written all over it; being profitable is going to be an uphill battle for them from many different angles.
Agree re the stock and its sustainability. However, you can be right and still be wrong, As I've learned.
I was disappointed to open my wife's 401k account this morning. I had forgotten that I had rebalanced the account after the election to a more conservative allocation.
I did leave a bigger chuck and 100% of the contributions in a fund that mimics EFA so life isn't all bad.
Anyone catch the TSLA short?
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Chaps' 2017-18 NFL $$ Thread
Can confirm animals were met when i was a newbie prop trader. Good times.Cratered $970. Fantastic day.
Stockbroker? "I wanna be a sales puke?"
The guy can talk about it or find out if he can actually do it as a prop trader. He will meet animals that will forever change his life even if he flames out.
Boot camp for life skills
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Chaps' 2017-18 NFL $$ Thread
I wish. Some of the puts went up 10,000%. Elon Musk is going to be exposed for the fraud that he is. Amazing how so many people believe his bullshit. Stock will have plenty of sucker rallies but I think she is heading towards $100/share.
Is it any surprise that the CEO of this scam company is Jew? Stock is getting crushed today. Waiting for an analyst to upgrade it next week. Classic wall street scam.
With Bitcoin and shitcoins getting destroyed, the tech stocks should be next.
Chart of Bitcoin+Shitcoin market cap:
Chart of NVDA which is itching to get sliced in half:
Stock porn
Amazon Tumbling Almost 40% Is Not as Crazy as It Sounds
https://www.thestreet.com/story/1423...it-sounds.html
Sometimes you get a stiffy and find yourself thinking about doing something stupid. Earnings come out Thurs.
I'll take a cold shower and pray Trump or something else rolls a bolder over the hill to start the avalanche... But I'm ready.
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