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Boat Shoes
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AG
WWR getting hammered. Bad news coming?
wanderer
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Boat Shoes said:

WWR getting hammered. Bad news coming?
Is it possible for a stock to go negative?
Red Pear Luke (BCS)
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Sponsor
AG
wanderer said:

Boat Shoes said:

WWR getting hammered. Bad news coming?
Is it possible for a stock to go negative?
I sure hope not!


And I'd be lying if I said I wasn't contemplating just pulling the trigger and getting out. The debt markets are getting worse and if they haven't gotten financing now, it's going to be tough to find a lender willing to play ball at favorable terms.
Spoony Love
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I have a level on SPY at 424.45ish that it looks to have bounced now twice. Interesting. Watching.
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E
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wanderer said:

Boat Shoes said:

WWR getting hammered. Bad news coming?
Is it possible for a stock to go negative?
Its the next SDC for this board...
insulator_king
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southernskies said:

Remember when we were all over SDC? Crazy where it's gone to since. Hope nobody is still holding that one
https://finance.yahoo.com/news/smiledirectclub-files-bankruptcy-capping-years-233914875.html
FTAG 2000
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Definitely Not A Cop said:

I have it in my family history too, I've been seeing more and more correlation between it and diet in recent studies.

Not that I don't want a cure, but just for all those in similar situations as me, be wary of grains and other foods that cause inflammation .

So sugars?
dreyOO
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Thanks. I'm not above taking a flyer on certain stocks and this is one. (Within reason)
techno-ag
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Definitely Not A Cop said:

I have it in my family history too, I've been seeing more and more correlation between it and diet in recent studies.

Not that I don't want a cure, but just for all those in similar situations as me, be wary of grains and other foods that cause inflammation .
Agreed. Grains are way overconsumed and overrated.
Tumble Weed
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Wti dropped below 90 so I was shopping oil stocks. Bought MRO and OXY.

Already own XOM so I wanted to expand.
Definitely Not A Cop
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FTAG 2000 said:

Definitely Not A Cop said:

I have it in my family history too, I've been seeing more and more correlation between it and diet in recent studies.

Not that I don't want a cure, but just for all those in similar situations as me, be wary of grains and other foods that cause inflammation .

So sugars?


RenoAg
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I guess WWR stands for We Won't Recover our investment. Lol
cryption
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Too soon mate. Too soon
JbKing45
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insulator_king said:

southernskies said:

Remember when we were all over SDC? Crazy where it's gone to since. Hope nobody is still holding that one
https://finance.yahoo.com/news/smiledirectclub-files-bankruptcy-capping-years-233914875.html


Was that a pound the table stock as well?
techno-ag
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RenoAg said:

I guess WWR stands for We Won't Recover our investment. Lol
Surely they will reverse split at some point to stay on the stock exchange.

(And don't call me Shirley.)
wanderer
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Utilities/Metals/Energy got hammered today. WWR kinda touches all those segments.
aggiedaniel06
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krosch11
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Aggie Daniel is here. Everyone buy puts !
TxAG#2011
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Any alpha to share daniel
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cjo03
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aggiedaniel06 said:




We're all adults here (at least we pretend to be a couple hours each week) - now tell us more… tease.
$30,000 Millionaire
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Just look at utilities. It's about to go down
You don’t trade for money, you trade for freedom.
Red Pear Jack
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https://www.cbsnews.com/amp/news/homes-for-sale-affordable-housing-prices/

"Homes "unaffordable" in 99% of nation for average American"

From a different article: "Common lending standards call for a 28% debt-to-income ratio. The 35% figure marks the "highest level since 2007 and stands well above the 21% figure from early in 2021, right before home-mortgage rates began shooting up from historic lows," Attom reported."
Bocephus
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cjo03 said:

aggiedaniel06 said:




We're all adults here (at least we pretend to be a couple hours each week) - now tell us more… tease.


Everyone has to pay their student loans again. Isn't that $100 billion a month out of the economy? You would expect retail sales to fall off.
TAMU ‘98 Ole Miss ‘21
Red Pear Luke (BCS)
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Anyone watching the USD/JPY? About to breach the 150 levels before Japan has been forecasted to intervene…

Perhaps one of the reasons why AggieDaniel is getting his popcorn ready

https://www.cnbc.com/2023/10/03/dollar-hits-highs-on-upbeat-data-yen-teeters-near-intervention-line.html
EnronAg
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$30,000 Millionaire said:

Just look at utilities. It's about to go down
what levels are you thinking we reach? do you think that SPY gap around $407 from early May is in play?
Charismatic Megafauna
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Charismatic Megafauna said:

Charismatic Megafauna said:

Price went down, but prog and 30k say smci goes up. That's a strong buy signal!

I may regret it, but i bailed here

Grrr. Gitcha sum Prog

$30,000 Millionaire
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EnronAg said:

$30,000 Millionaire said:

Just look at utilities. It's about to go down
what levels are you thinking we reach? do you think that SPY gap around $407 from early May is in play?


I want to see how it reacts at 420 and 415 areas, assuming we get there.

From a pattern perspective this looks a lot like January of 2022
You don’t trade for money, you trade for freedom.
Definitely Not A Cop
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So are you just covering yourself with SPX puts? Or something more complicated?
GreasenUSA
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Charismatic Megafauna said:

Charismatic Megafauna said:

Charismatic Megafauna said:

Price went down, but prog and 30k say smci goes up. That's a strong buy signal!

I may regret it, but i bailed here

Grrr. Gitcha sum Prog


my mind goes here every time I read a sam tweet:

ProgN
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Charismatic Megafauna said:

Charismatic Megafauna said:

Charismatic Megafauna said:

Price went down, but prog and 30k say smci goes up. That's a strong buy signal!

I may regret it, but i bailed here

Grrr. Gitcha sum Prog


EnronAg
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If/when MM's decide to take out magnificent 7, this thing could get ugly. Literally only a handful of stocks is propping this garbage market up. Utilities, financials, discretionary, real estate, small caps are all getting wasted. I just need energy to hang in there thru this.
Spoony Love
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SPY bounces off 424.50ish pre-market, bounced off the same area yesterday. I think we have a destiny to break that support soon.
spud1910
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Spoony Love said:

SPY bounces off 424.50ish pre-market, bounced off the same area yesterday. I think we have a destiny to break that support soon.
Looks to be trying hard.
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