Stock Markets

26,425,090 Views | 237064 Replies | Last: 8 hrs ago by Heineken-Ashi
Dan Scott
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BRDS up 50%

https://www.businesswire.com/news/home/20230328005439/en/As-Spring-Arrives-Bird-Announces-Expanded-Global-Operations
Chef Elko
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Dang! Yall are going to make me FOMO this haha
FTAG 2000
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When do we think the regional bank stuff settles?

Talking about WAL, for example you can get June 52.5/65 call spreads for a buck. Nice 12x R/R.



Dan Scott
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Danwell Home said:

Dang! Yall are going to make me FOMO this haha


It's selling off again like last Friday. If you can gets to around .13 go for it.
Charismatic Megafauna
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I'm thinking about trying to mass accumulate gns. 2.1 seems like a good bounce zone and i want to park free shares in case the naked short suit ever gets traction
Edit: first time using trade armor in fidelity. Pretty slick gui
deadbq03
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Dan Scott said:

Danwell Home said:

Dang! Yall are going to make me FOMO this haha


It's selling off again like last Friday. If you can gets to around .13 go for it.
This whole thing smells like pump-and-dump manipulation to me (not by you, of course) … but I'm glad you made some money on it and hope others have too.

I'm gonna stick to Buffett's mantra on this one and not hold anything for 10 minutes that I wouldn't hold for 10 years. I've been burned way too many times getting FOMO and following random trash on here.
Quacked
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Lotto'd BABA 90c for friday because Jack Ma is back in China yesterday. Steak and Sushi for the week, I'm good!


Still holding some Deere runners
irish pete ag06
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Semiconductors getting smoked. Full disclosure, I am in a "gut trade" on SOXS so please continue to do this.

YaketyYak
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irish pete ag06 said:

Semiconductors getting smoked. Full disclosure, I am in a "gut trade" on SOXS so please continue to do this.


Well I guess that answers my question about whether or not last week was a good time to trim some of those
Take out the papers and the trash, or you don't get no spendin' cash
Quacked
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I'll allow it, sold AMD last friday. Need AMD below 75 again please
Chef Elko
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Yeah, I have an alert a little higher than .13 but that looks like a good level. Added to my watchlist
$30,000 Millionaire
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YaketyYak said:

irish pete ag06 said:

Semiconductors getting smoked. Full disclosure, I am in a "gut trade" on SOXS so please continue to do this.


Well I guess that answers my question about whether or not last week was a good time to trim some of those
bold call. 20.68 will put up a fight. if it clears, you're going to hit a home run.
You don’t trade for money, you trade for freedom.
irish pete ag06
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$30,000 Millionaire said:

YaketyYak said:

irish pete ag06 said:

Semiconductors getting smoked. Full disclosure, I am in a "gut trade" on SOXS so please continue to do this.


Well I guess that answers my question about whether or not last week was a good time to trim some of those
bold call. 20.68 will put up a fight. if it clears, you're going to hit a home run.
I entered on March 22 & 23...

Cost Basis $16.90 after selling about 30% of the position when it tapped the 8 EMA on March 24 on the daily... (think original cost basis was like $17.20)
Brewmaster
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sorry, I had puts, that's why we're going straight up.

lol, big sell bar now, uptrend line broken. Re entered puts
Spoony Love
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Double Whammy!. I did too

I really thought we were headed to the bottom of the pendant. Still might get there.
$30,000 Millionaire
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these are terrible conditions for trading. basing before a trend.
You don’t trade for money, you trade for freedom.
Dan Scott
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BRDS bounced back to .2

Can somebody good with charts please chart this for us. The .20s look like a lot of supply.
wanderer
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You asked for someone good with charts.....but I'll give it a shot.

Needs to break though .22 and then it's an easy path to .30. From there .40 seems to be S/R before completing the cup at .46

deadbq03
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I had an oversized NDX strangle I've lost too much theta on… I'm out now, so brace yourself for movement.
Dan Scott
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David Sacks bought 18M shares of BRDS since March 20 from .11 to .16. He already owned about 10M shares prior to these purchases.

https://ir.bird.co/sec-filings/content/0001193125-23-080554/d398260dsc13da.htm


Dan Scott
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Thanks. That volume can't be ignored. Following insider buying and major holders like David Sacks tripling his position. It can get exciting.
gougler08
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Be careful, it left a gap at $0.15 today…I'm going to set an alert there and see if I can get in with a flash down fill

If not, I'm leaving it alone
cmk10
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AMC is moving with the news that Bezos could buy AMC!!!!
Spoony Love
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New LOD for SPY
Dan Scott
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Dan Scott said:

David Sacks bought 18M shares of BRDS since March 20 from .11 to .16. He already owned about 10M shares prior to these purchases.

https://ir.bird.co/sec-filings/content/0001193125-23-080554/d398260dsc13da.htm



I shared bad information. David Sacks actually sold these shares. According to Yahoo he already owned about 27M shares representing about 10% of the company. Under item E in the filing, it says he is no longer a 5% owner meaning he sold.

That takes some steam out.
$30,000 Millionaire
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market should bounce from here. don't overdo it.
You don’t trade for money, you trade for freedom.
EngrAg14
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LMT setting up a very nice Head/Shoulders into earnings in a few weeks.
Daily and weekly charts
$30,000 Millionaire
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Let's see what sets up for EOD.

Price is below the point of control for SPY at the moment.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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$30,000 Millionaire said:

market should bounce from here. don't overdo it.


Got 40% on some XSP calls.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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I don't hate the idea of a 3970 pin if we can get some bids
You don’t trade for money, you trade for freedom.
Dan Scott
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SPAC NIR went public last Friday. Traded up to $15. Today it's 3.50

These SPACs screw retail hard.
$30,000 Millionaire
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Wild price action here
You don’t trade for money, you trade for freedom.
JbKing45
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I was just about to pick up some shares.
$30,000 Millionaire
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They have to show their hand at 2:50
You don’t trade for money, you trade for freedom.
Dan Scott
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JbKing45 said:

I was just about to pick up some shares.
It was valued at $1B. Today they announced 2022 earnings.
  • $60M Total Revenue - up 32% from 2021
  • $41M Gross Profit
  • $94M operating loss
  • $81M Revenue guidance for 2023 or 35% YOY growth

2022 cash flow loss of $26M from operations.

2022 SG&A Cost of $97M. Total OPEX $153M

One thing I've seen with these SPACs is that their operating cost go up by being a public company and due to increase compliance. These crap companies should not go public.
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