The Investment Thread

Turfie said

Probably should have waited a bit more on BBBY. My CB is 16.97. I thought the gap down was around 16-17. But it might be that lower leg to 13-14.

Tons of bearish articles on it right now. Supply chain issues. Store closures. It’s been red for 12 straight days (longest in BBBY history) and looking like 13 red days in a row after today.

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I think all these so called "mEME sTOCKS" are going to flat-line here for the next 3 weeks or so. They'll get the typical early week run to sucker people into buying weeklies, then slowly bleed the rest of the week.

That won't change until we are closer to the quarterly options expiry 06/17. It'll run leading up to that day, starting as early as late May, or if they do what they did last time and wait until the very last day to do their rollover, it'll run on the T-2 settlement date of that date at the very latest.