Westwater Resources Announces Letter of Intent for Sale of Ultra-PMG™ Representing More than 25% of the Expected Annual Ultra-PMG™ Output from the Kellyton Plant https://t.co/seNId7Wm8E pic.twitter.com/gzpQjTkJCs
— Latest News from Business Wire (@NewsFromBW) January 5, 2023
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Thundergon said:Westwater Resources Announces Letter of Intent for Sale of Ultra-PMG™ Representing More than 25% of the Expected Annual Ultra-PMG™ Output from the Kellyton Plant https://t.co/seNId7Wm8E pic.twitter.com/gzpQjTkJCs
— Latest News from Business Wire (@NewsFromBW) January 5, 2023
Happy new year to all!
Spike to $1.21 premarket miraculously filled all my $0.80 buys. I don't know if it revisits or breaks and runs based on future production contract news. What it does show is there is going to be demand for their pure graphite technology once they are producing.
I've always said until they start actually producing the stock could do anything. Now the end of year tax-loss selling is over and a blip of news pops the stock for a pulse. We'll see if shorts can control it through this news or if enough volume forced them to get nervous and cover.
The delays on top of delays have frustrated the heck out of everyone. But they are actively building and for me that means I stay dug in waiting for the production pay off.
WWR up 20% to $1. Star this post if you think it finishes red today.
ProgN said:
Amazon CEO Andy Jassy confirms company will cut over 18,000 jobs, more than initially planned
https://www.cnbc.com/2023/01/04/amazon-says-it-will-cut-over-18000-jobs-more-than-initially-planned.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
They have something like 1.5MM employees, they need to be cutting 180,000 jobs.
ETA: unrelated but strong ADP numbers this morning.
My Christmas present to you all was selling my WWR holdings on 12/30. You're welcome.
Most of those 1.5 million jobs are warehouse and delivery. That's not who you cut.Ag CPA said:ProgN said:
Amazon CEO Andy Jassy confirms company will cut over 18,000 jobs, more than initially planned
https://www.cnbc.com/2023/01/04/amazon-says-it-will-cut-over-18000-jobs-more-than-initially-planned.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
They have something like 1.5MM employees, they need to be cutting 180,000 jobs.
18,000 is a huge cut into back office operations.
Andy Jassy is "not a nice guy", first of all.
Something you guys don't know about Amazon is that people are quitting all the time because it's a sweat shop environment. They don't need to cut more because their attrition is so high in AWS.
Something you guys don't know about Amazon is that people are quitting all the time because it's a sweat shop environment. They don't need to cut more because their attrition is so high in AWS.
You don’t trade for money, you trade for freedom.
For SPX, it's getting harder to trade with the indexes chopping because there are crowded support and resistance levels.
I have no idea which way this will resolve.
I have no idea which way this will resolve.
You don’t trade for money, you trade for freedom.
With the premarket action, I think you have to take a fake breakdown trade. Like long over 3862-4 on e-mini.
You don’t trade for money, you trade for freedom.
My 180k was an exaggeration but I still don't think 18k is enough even for management and back office.
Let's see if this sets up for a fake breakdown.
You have to be short biased but we are at the bottom of the current range.
You have to be short biased but we are at the bottom of the current range.
You don’t trade for money, you trade for freedom.
Ag CPA said:
My 180k was an exaggeration but I still don't think 18k is enough even for management and back office.
They just won't fill open roles and attrition. The thing finance people don't get about layoffs is that is murders productivity because the employees stop being engaged (and if they are engaged it's because of fear).
AWS is still a growth business. It would be stupid to stop the momentum on that.
You don’t trade for money, you trade for freedom.
Fun fact. 2022 saw $40 Trillion in stock and bond value vaporized, more than twice 2008.
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,972
How long do you want to ignore this user?
AG
Charismatic Megafauna said:
Get me to that 378.3 buy zone again
Hold...
Also a trendline here
Can you put where you saw that? I believe it for sure just would like to share but will get asked where I saw it
Tic has 3830 as a key level on e-mini.
I'd want to see 3840 before considering a long.
No shorts yet.
I'd want to see 3840 before considering a long.
No shorts yet.
You don’t trade for money, you trade for freedom.
I'm buying 2/3 SPY 380c here for a trade
I don't think AWS is part of the layoffs....hope not.
Dollar is going up.
Can't go long until that calms down.
Can't go long until that calms down.
You don’t trade for money, you trade for freedom.
maybe now is the time for some BOIL?
Charismatic Megafauna
Joined:
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Posts:
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AG
Lol i suck at this
Guess I'd rather miss an entry than throw away money jumping the gun
Guess I'd rather miss an entry than throw away money jumping the gun
I want to go long but hate action
You don’t trade for money, you trade for freedom.
Missed Netflix but Apple and Netflix look good.
You don’t trade for money, you trade for freedom.
Some wisdom for you guys.
I thought that was his Public feed.
I thought that was his Public feed.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire said:Ag CPA said:
My 180k was an exaggeration but I still don't think 18k is enough even for management and back office.
They just won't fill open roles and attrition. The thing finance people don't get about layoffs is that is murders productivity because the employees stop being engaged (and if they are engaged it's because of fear).
AWS is still a growth business. It would be stupid to stop the momentum on that.
I'm from the energy industry and havre seen at least 7-8 rounds of layoffs the past 15 years at my companies, yes they sap morale but that's part of life. Tech just now getting to experience what the rest of us have been dealing with for years.
ETA: CNBC just noted that this represents just 5% of the corporate workforce, that's not a large cut.
Keep your eye on STNG. Might be a good entry point here long term.
You looking at the recovery/bounce off the bottom of it's long term channel?
Brutal chop. Tried to go long, settled for a scalp
You don’t trade for money, you trade for freedom.
Yes.
The IP goes out the door in tech when you fire people. That's the big difference.
In my last job, my group was 800 people. I had to lay off 5%. I experienced a 30% productivity hit for more than a quarter because of it.
In my last job, my group was 800 people. I had to lay off 5%. I experienced a 30% productivity hit for more than a quarter because of it.
You don’t trade for money, you trade for freedom.
I longed this. +9% on this quick trade. Left A LOT of meat on the bone but green is green.irish pete ag06 said:
Also a trendline here
I don't mean to brag, but I'm green YTD
OXY Updateirish pete ag06 said:Doubled my position this morning on the dip to 60irish pete ag06 said:I jumped into Feb 17 70C here. Will add over the next couple of trading sessions if we continue to hang around 60. If we lose that lower trendline, will cut.irish pete ag06 said:
OXY is getting close...
Really interested to see how OXY handles the 8 EMA today on the daily. It's only closed above it thrice since November 22.
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