Man, I loaded up on ZM and REGN yesterday and today morning. I didn’t read what Cathie was buying but saw a lot of encouraging TA and twitter sentiment, and just pulled the trigger. Let’s see where it goes. Short term trigger for me.
See? Power of info age. Many retail investors can act simultaneously and trump! the big man. Long ago, hard to get info. Now analysis can be found anywhere provided you understand web which is what those 30s and 40s knew very well.
I can show 100s of Redditians losing heavy money, but that does not mean everyone is losing, same vice versa.
Let me leave this way, next time I see high drop in market, let me keep quiet.
How many bloggers will find correct information from twitter and reddit the drop? There are plenty of wrong information spread in twitter and reddit. It is up to the individuals to read, analyze and win. It is not easy.
For example: Paul’s MRNA EWT is correct, but FUBO it may be hype and may not work. I did not do Fundamental analysis, but scared to touch a small company without Fundamentals.
You can play with $1000 (come what may), but not $100000 without fundamentals.
one explanation I can give is people are more aware of WSB in reddit now than 2 yrs ago and also covid has made bored ppl to focus on trading. With wild bull market many think they are pros!
Well to be fair, I follow and participate in the TMC forum investor thread much more carefully than what’s on Twitter / Reddit.
The signal to noise ratio on TMC is extremely high, much better than the other 2. I don’t know how many other companies ever had a similar investor environment for crowdsourcing content other than Apple I’m sure.
If I was just relying on Reddit, I’d probably still have bet big but not as big as I did.
ARK views Zoom as a complete communications platform, not just a work-from-home beneficiary. We believe Zoom’s rapid expansion to phones, video APIs, and email positions the company to capture a large portion of the $1.5 trillion total addressable market for enterprise communications.
Ok, will add to ZM, sell WORK and CRM. Does it affect TWLO?
Back from walk.
Cathie has been selling PACB, CRSP and NVTA. Wonder it has to do with BNGO which might make DNA sequencing obsolete.