The Investment Thread (3 Viewers)

[GrandAdmiral]

I never even heard of it. But that thing has been a tank.

They develop the world's most accurate continuous glucose monitoring device. It's so accurate, the FDA says diabetics no longer have to prick their fingers to see what their levels are.

 

[itztime]

They develop the world's most accurate continuous glucose monitoring device. It's so accurate, the FDA says diabetics no longer have to prick their fingers to see what their levels are.

Glytec is a related company, not public yet but one to watch, they are the only insulin mgmt software company that is integrating with all of the big EMR's and hospitals. I ran across them in a hospital and started following them in the news.

 

[Swamprat]

They develop the world's most accurate continuous glucose monitoring device. It's so accurate, the FDA says diabetics no longer have to prick their fingers to see what their levels are.

We’ve had this system with my Mom for nearly 1.5yrs now. The product is really good and pretty accurate for the most part… supply chain, tech support, dealing with insurances and etc are a real pain.

 

[GrandAdmiral]

We’ve had this system with my Mom for nearly 1.5yrs now. The product is really good and pretty accurate for the most part… supply chain, tech support, dealing with insurances and etc are a real pain.

I've had it about the same amount of time. It has done wonders with my A1C.

 

[Turfie]

Buy vs sell orders on Fidelity for GME in July. 82% buys.

So every buyer must have a seller right? I think marker makers are still creating synthetic shares via derivatives.

Someone found in the Bloomberg terminal that some entity just shipped way out of money puts (1.1 million) of GME in Brazil. That’s over 100 million shares.

So synthetic shares being delivered to retail that dilutes the price. Plus the short volume ratio of being 75% the last two days is how one of the most demanded stocks in the world continues to see its price erode.

 

[St. Geezy]

Buy vs sell orders on Fidelity for GME in July. 82% buys.

So every buyer must have a seller right? I think marker makers are still creating synthetic shares via derivatives.

Someone found in the Bloomberg terminal that some entity just shipped way out of money puts (1.1 million) of GME in Brazil. That’s over 100 million shares.

So synthetic shares being delivered to retail that dilutes the price. Plus the short volume ratio of being 75% the last two days is how one of the most demanded stocks in the world continues to see its price erode.

There is no doubt about it...they are using the derivatives to create not only synthetic shares, but to also continuously roll over FTDs.

That said, there is a decent chance that this isn't being done for sinister purposes, but rather to delay the inevitable until all the I's or dotted and T's are crossed on all the new regulations, including the ones that just got recently introduced (NSCC 803 and 010), which basically reads like a procedural handbook on how this unprecedented short squeeze and resulting market crash event is going to play out.

 

[itztime]

Didnt Blackrock and Fidelity purchased a large amount of AMC/GME shares this week?

 

[St. Geezy]

Didnt Blackrock and Fidelity purchased a large amount of AMC/GME shares this week?

Yeah, they have always had a significant amount though, so nothing really to glean from that. In fact, many people think that it is these high level institutional buyers (Blackrock, Fidelity, and Vanguard, specifically) doing most of the share lending for the shorts.

 

[Turfie]

Coins are running pretty hard.

 

[Turfie]

I’m in Ontario and tomorrow is a holiday. So I’m pounding the beers.

Mets don't sign top pick Rocker before deadline

The Mets did not sign first-round selection Kumar Rocker before Sunday's deadline and will now receive the 11th overall pick in the 2022 draft as compensation.

www.espn.com

Interesting that the Mets couldn’t sign their first round pick. Steve Cohen running low on funds?

 

[B4YOU]

Very true.. which is exactly why i said in my post that it’s bad for society.


OTOH, since I sold my home las year and now companies with deep pockets are offering $40k or $50k (or more) over asking price in cash, how can someone like myself with good credit and 20% down compete with that? Right now i think the best alternative is to invest in the companies I’m competing against.. if/when the market takes a downturn (and most agree it will, but no one has a crystal ball to know when)- then it’ll be time to re-assess.

Here’s a good rundown on the players in the SFH sector. SFH rental returns are better than apt investments. I think Zillow is now buying houses for resale because prices are rising so quickly and hedge funds are desperately seeking housing investments due to all the money pouring in.

Wall Street is buying up family homes. The rent checks are too juicy to ignore | CNN Business

Housing markets are hotter than ever, and big money is getting in on the act.

www.cnn.com

 

[Turfie]

Here’s a good rundown on the players in the SFH sector. SFH rental returns are better than apt investments. I think Zillow is now buying houses for resale because prices are rising so quickly and hedge funds are desperately seeking housing investments due to all the money pouring in.

Wall Street is buying up family homes. The rent checks are too juicy to ignore | CNN Business

Housing markets are hotter than ever, and big money is getting in on the act.

www.cnn.com

The optics of this happening and the eviction moratorium ending is a little suspect. But big banks have been buying up real estate for months now.

 

[Turfie]

I don’t know if the head and shoulder pattern is worth anything on the daily. But I sold this penny at 0.0082. Made about 25% or about 50 bucks.

 

[Tapxe]

Coins are running pretty hard.

EIP 1559 is coming soon. Highlights of impact.

EIP-1559 is a software upgrade that fundamentally changes the way transactions are processed on Ethereum by providing clear pricing on transaction fees in ether paid to miners to validate transactions and "burning" a small amount of those tokens. The burned tokens will be permanently taken out of circulation.

Explainer: Major Ethereum upgrade set to alter supply, fix transaction fees

Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly alter the way transactions are processed, as well as reduce the supply of the ether token and sharply boost its price.

www.reuters.com

Furthermore

estimates that the expected software adjustment next week, coupled with another upgrade in the first quarter of 2022, should "easily quintuple the price of ether" by next year.

If you trust the estimates, then now is the time to buy in. I'm a hodl'er from 2017 so just letting it ride with my fingers crossed. It seems that the halving and upgrade events are where the prices jump bigly.

I'm just providing info. There's a big threat from govt regulation looming in the infrastructure bill as well which could hold the price down at least until the facts are known and it's possible they'll over reach and stifle crypto as well. I see regulation as a good thing for stability if done reasonably.

 

[Turfie]

GSAT. Yesterday (in red) and today. Same thing happened Friday. Is a huge day trader doing this? Tanking minutes before close each of the past 3 days.

Hmmm