I actually like FUBO’s fundamentals. But I am scared of these young yahoos…
Me too but no way I can stay out of it when a potential gain is 5-20x. Just gotta pay attention to twitter a lot more. A lot of these are really moving so putting in 10k-50k each on momentum play is not a huge risk imo. These go on waves so if I miss it, I look for pullbacks, accumulate equity, then when premium dives, I buy some call options with a short leash.
Just look at the chart of TIGR, NIO, GME, FUBO, DMTK, NNDM, BNGO, FUTU, etc, etc.
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I do not have position with it as it is speculative.
Reg PLTR, all wsb team focus highly shorted stocks to jack up price.
Just scan finviz for highly shorted stocks.
They did not face super explosion!!
When they face, with weak company, they may loose entire money.
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i think Michael Burry, trader of “Big Short” fame, bet big on GME back in Nov. He is cleaning up now…
Mr. Big Short going big long?
Finally getting around to checking out WSB. Sure is wild and crazy over there. Can’t be legal…agree with Summers that there are issues…
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The GME itself shorted 70% already. It means some brokers borrowed 70% and gave the shares to short.
I checked tdameritrade, fidelity and Schwab that there are no shares to short as they can not borrow anymore.
With such situations every purchase hikes the price. Short sellers also struggling to borrow shares to short.
The only way, I guess, existing big share holders need to sell the shares at certain peak price.
At some point of time, this will happen to blow the stocks.
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Wednesday is earning day for AAPL FB TSLA. AAPL and FB are running up towards earning, TSLA still trading sideways. Buy TSLA for earning pop? Btw, I closed all long calls and short puts of FB, good but not great profit since position is puny.
Mainstream New’s realized FAANMG have awakened.
I saw someone said it’s FANMAG.
Coming weeks are results of these companies. All stock prices goes up expecting good results, that is all it happens. If you see how much FB jumped, 12% from the bottom just in 5 days coming to mid way.
However, be aware of this double top which may break market soon.
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It’s usually not great when stocks go up into earnings. It reflects increased expectations, and there’s often profit taking after the announcement.
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