Today's Market 5/30-6/5

Sleep earnings week.

:thinking:

Meme stonks are back!

SoFi just finished their SPAC merger last week and started trading on their new ticker today. It had 42% short interests according to Yahoo Finance as recently as last Friday. The stock has rocketed up 55% since bottoming on May 13th.

Tons of growth names have similarly massive short interests waiting to be squeezed.

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Bt the time you read from main stream news, would miss a huge initial appreciation. Learn EWT to identify the bottom…

Well you claim to know EWT and still sleep in the same bed as that loser Panda.

:panda_face:

Insane growth. ZM is now doing 1B revenue every quarter.

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Panda trust Astro and cycles. He doesn’t believe much in EWT, he said it many times, up 15% weight age only. He used EW waves as an explanation of his view. You should READ before commenting otherwise your view is :-1: because facts are WRONG.

Share price hardly moves during AH, lower than recent highs.

SKLZ short squeeze happening right now. Short interests at 24% of float.

Screen Shot 2021-06-02 at 9.31.49 AM

FUBO with 18% short interest.

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Please squeeze.

Elastic stock pops after FQ4 beats with narrower than expected loss

Jun. 02, 2021 4:36 PM ETElastic N.V. (ESTC)By: Brandy Betz, SA News Editor

  • Elastic (NYSE:ESTC) gains 7.4% after reporting upside fiscal Q4 results despite providing a mixed full-year outlook.
  • FQ4 revenue was up 44% Y/Y to $177.6M. Non-GAAP loss per share of $0.08 came in eight cents above consensus.
  • SaaS revenue was up 77% to $51.3M.
  • Calculated billings increased 38% to $240.9M.
  • Deferred revenue was up 53% to $397.7M.
  • Total subscription customer count was over 15,000 vs. the 13,800 in FQ3.
  • The Q1 guidance includes revenue of $171-173M, topping the $165.54M consensus estimate, and a loss per share of $0.10-0.13, in-line with the $0.12 loss estimate.
  • The mixed FY22 view includes revenue of $782-788M, above the $740.61M estimate, and a loss per share of $0.51-0.60, wider than the $0.50 loss analysts expected.

No free lunch for bringing good news to me.

@manch

You have forgotten to bring this good news to me.

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