Triple_Bagger said:

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Chilifest said:

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Looks like OSTK is finding bottom. 200 dma is 22.9 and RSI is now 30. I THINK it's time to buy and hold for a while. BBBY Aquisition is not being priced in and their revenue has gone up significantly. How would I know? Their orders are numbered in sequential order. I've been buying items every week to get an idea of their volume. Looks good.

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OSTK was $24.22 at the time of this post.

Buying products to track serial numbers and predict sales volume........I'm gonna need to see some receipts

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You're a troll so I'm good. Rest of us are trying to make $

EnronAg said:

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drafting off of NVDA...hell, everything AI related is being pulled up AH from NVDA earnings...

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That's because their products contain NVDA chips and they're selling them as fast as they can make them.

Buy NVDA and hold it until you're 65 years old. You will not regret it. All in my very biased and humble opinion.

Remind me. Are you planting these?

spud1910 said:

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Remind me. Are you planting these?

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Yes sir

spud1910 said:

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Remind me. Are you planting these?

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I'm still going to post a more thorough reason why I like this stock and it's planted when I have the time. I intended to do it last weekend but wasn't able to. That said, look at the call option premiums SMCI has. I know it's an expensive stock but if people are comfortable buying 100 shares, look at the return that you can collect weekly above where you bought it for. If it get's called away, who cares, but if it doesn't, then write the next week's or 2 weeks out for even more premium. Look them up and then do some calculations of how fast that you can lower your cost basis or be net free by just writing CCs.

I'm intrigued by MULN. It feels like it is a legit company that has been pummeled. Any of you done more work on this?

$30,000 Millionaire said:

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I'm intrigued by MULN. It feels like it is a legit company that has been pummeled. Any of you done more work on this?

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An article was just released and their CEO believes there are some shady trading tactics going on tanking their stock price. They just issued a share buyback which is interesting.

Triple_Bagger said:

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Look in the mirror.

You showed up a couple weeks ago blasting stock picks with nothing to back it up. I'm just making sure no one follows your suggestions and will be posting weekly updates on how your stock picks are performing.

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Good!

Probably because NVDA went from 10 to 2.

Well this is getting ugly real quick. Should've sold yesterday AH.

This may be worth watching if that is true. Volume picked way up after it got beat down. Looking at the last 6 months would make me believe the CEO's statement.

Spoony Love said:

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This may be worth watching if that is true. Volume picked way up after it got beat down. Looking at the last 6 months would make me believe the CEO's statement.

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Balance sheet looks ok but the revenue is really short of meeting that kinda mkt cap valuation. Full disclosure I don't know much about them other than that.

Is there a big order they are sitting on to skyrocket revs?

Not sure. Their vehicle offerings don't seem too bad. When I get a moment, I'll try and do some research. I'm merely looking at the chart and the info mentioned above from the CEO.

F me, what's with the NFLX drop?

Not sure where this market is going next few days but the AMD has a couple of seemingly really good Cs available.

Sep 8 C $101 @ $4.89 anyone?

I bought 9/8 crwd calls. Let's rip the qs!

MULN with a ton of volume today

A power hour would be really nice right about now.

fightintxag13 said:

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Zillow Home Loans announced its 1% Down Payment program to allow eligible home buyers to pay as little as 1% down on their next home purchase

— *Walter Bloomberg (@DeItaone) August 24, 2023

What could possibly go wrong??

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Are there not federal requirements that prevent that?

Here's a couple of tickers I might be keeping an eye on.

NFLX: If it drops below $400 or so it could very well drop a bit more and might be a nice short

NBR: Was a board favorite back in the day, but if it hits around $97 that might be a potential call or buy to look at.

That said, this market def feels a little loopy and I'm not sure what tomorrow holds and the days after tomorrow.

As always, if anyone is seeing something I'm not, or seeing things differently then please do let me know.

Those are some of the things I was seeing as well. A recent reverse split with the CEO also selling off his bonus shares.

My perception is he is waiting for someone to buy his company. That's just my gut feeling.

Definitely Not A Cop said:

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fightintxag13 said:

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Zillow Home Loans announced its 1% Down Payment program to allow eligible home buyers to pay as little as 1% down on their next home purchase

— *Walter Bloomberg (@DeItaone) August 24, 2023

What could possibly go wrong??

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Are there not federal requirements that prevent that?

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Only if they want to sell off the mortgage as federally-qualifying. You can offer a zero percent down loan if you are willing to warehouse it on the books.

I'm not saying it's a good idea, but no regulations against it as far as I know.

Ah, thanks, I see.

So if I can rub my crystal ball, Zillow eventually gets burned by this, the entire housing market crashes again because everyone was using either them or their competitors, and then 10 years later, the government is involved in every single loan, no matter what, right?

BTW, I know there is a thread over on the politics board already about this, but wanted to get everyone's sentiments about the BRICS announcement from yesterday from a trading standpoint? Do you expect major moves coming up in the market from this?