Why is TWTR down 20% today? I dont own TWTR, but it is down a ton.
Did Trump announce he is leaving TWTR post election?
Did Trump announce he is leaving TWTR post election?
This one has been one of the larger head scratchers to me. I am long on this one in an IRA , Once things settle I will add to this position.Orlando Ayala Cant Read said:
OSTK into the 50s now. Ridiculous.
Worst part is, I've seen some people forecast it down to the 40s again before a bounce back up again. I'm 72 AVG here on this now and seeing in the 50s is painful much less the 40s.
jwhitlock3 said:
Doesn't seem like the 325.09 level is going to hold, feels like a slow drag down this afternoon, and then maybe a big sell off in the last 5 with folks not wanting to hold over the weekend?
Look out below.Orlando Ayala Cant Read said:
OSTK into the 50s now. Ridiculous.
Worst part is, I've seen some people forecast it down to the 40s again before a bounce back up again. I'm 72 AVG here on this now and seeing in the 50s is painful much less the 40s.
I WON!gig em 02 said:$30,000 Millionaire said:I sold 70s, 10/23 expiration. I thought this was high probability/safe. I'll make money over $68, but still.McInnis 03 said:
OSTK at 70....I sold 75p's for NOV at $10 each........seems most puts I sell these days go under book value.
10/30 70p's for 7.7 for me, I just got out for a 30% gain because I'd rather have the cash going into the election
MaroonDynasty said:
Why is TWTR down 20% today? I dont own TWTR, but it is down a ton.
Did Trump announce he is leaving TWTR post election?
leoj said:MaroonDynasty said:
Why is TWTR down 20% today? I dont own TWTR, but it is down a ton.
Did Trump announce he is leaving TWTR post election?
Had the lowest user growth quarter in years
They went from a crazy conspiracy theorist CEO to a well known CEO for transforming online sales companies. Also the new CEO kept the cool blockchain stuff the first one was doing.Touchless said:
Can someone explain OSTK to me? Over the last two years, their high was $29.75 until their explosion in July. Going back to last October up until the Covid crash, the high was only $10. What caused this to spike like crazy in general making this such a great stock? Do people actually shop on Overstock and buy things from there all of a sudden?
ENPH, CAT, TSLA, CGC, BEP, and other renewable energy/infrastructure-construction/electric car/weedMcInnis 03 said:
Don't go astray on me here y'all, I knowwwwwwwwwww how hard it is.....but seriously....who's gonna volunteer as tribute to come up with a healthy Biden basket of plays should that evolve next week?
Things like this tell me there has to be a direction we can take to profit.
Almost bought puts on the last run up....damn itleoj said:
If this rolls over into the close...yikes
Touchless said:
Can someone explain OSTK to me? Over the last two years, their high was $29.75 until their explosion in July. Going back to last October up until the Covid crash, the high was only $10. What caused this to spike like crazy in general making this such a great stock? Do people actually shop on Overstock and buy things from there all of a sudden?
Concur with this, overall sentiment is that TZero and Medici are getting zero consideration in the value calc.Orlando Ayala Cant Read said:Touchless said:
Can someone explain OSTK to me? Over the last two years, their high was $29.75 until their explosion in July. Going back to last October up until the Covid crash, the high was only $10. What caused this to spike like crazy in general making this such a great stock? Do people actually shop on Overstock and buy things from there all of a sudden?
Need to look closely but I believe its now trading at like 2Xs revenue. Blockchain tech which has lotsa positive pub getting no consideration in the valuation. Plus it's got leadership in place that's considered really good. This is going to require patience but I'd think this will be back near 100 within 6 mths and 125ish within a year. But the market is irrational and also who knows with lack of stimulus possibly going into next year.
Mentioned earlier I will be adding more shares in my long term account when the dust settles on it.McInnis 03 said:Concur with this, overall sentiment is that TZero and Medici are getting zero consideration in the value calc.Orlando Ayala Cant Read said:Touchless said:
Can someone explain OSTK to me? Over the last two years, their high was $29.75 until their explosion in July. Going back to last October up until the Covid crash, the high was only $10. What caused this to spike like crazy in general making this such a great stock? Do people actually shop on Overstock and buy things from there all of a sudden?
Need to look closely but I believe its now trading at like 2Xs revenue. Blockchain tech which has lotsa positive pub getting no consideration in the valuation. Plus it's got leadership in place that's considered really good. This is going to require patience but I'd think this will be back near 100 within 6 mths and 125ish within a year. But the market is irrational and also who knows with lack of stimulus possibly going into next year.
Thanks! I will look at those now....wanderer said:
If you're looking at getting into shares, look at selling puts. For example, you can sell a Mar 21 50P for $11 right now.
Bare in mind, if it reverses those won't fill, always a risk when you go naked.FJ43 said:Thanks! I will look at those now....wanderer said:
If you're looking at getting into shares, look at selling puts. For example, you can sell a Mar 21 50P for $11 right now.
I suspect this will reverse post election and before 3/20 above $60. Risk/reward probably not here on this one.McInnis 03 said:Bare in mind, if it reverses those won't fill, always a risk when you go naked.FJ43 said:Thanks! I will look at those now....wanderer said:
If you're looking at getting into shares, look at selling puts. For example, you can sell a Mar 21 50P for $11 right now.