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Wow, crazy.
The Investment Thread (7 Viewers)
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Reports saying Avis had huge earnings and now hedge's are running to cover.
Shares of Avis double in single day as huge earnings beat sends hedge fund shorts running
The company reported $10.74 in earnings per share for the third quarter, trouncing Refinitiv's estimates by more than $4.
Who rents from them! Never heard a fellow business traveler brag about Avis.Reports saying Avis had huge earnings and now hedge's are running to cover.
Shares of Avis double in single day as huge earnings beat sends hedge fund shorts running
The company reported $10.74 in earnings per share for the third quarter, trouncing Refinitiv's estimates by more than $4.www.cnbc.com
IDK, it's entirely possible they reduced staff massively and recovered to normal rental #'s. Seems like an industry ripe for massive online automation. Then again, maybe they sold a ton of the fleet given new car slump and high used prices being paid.
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So yeah, I *MAY HAVE* just duplicated my success with AMC today. I was balls deep in BBBY calls, bought for $.07 to $.16 per share per contract. Likely will all open at over $20 per in the AM, if the price stays at this level.
Knocking on wood.
Definitely will be up at 3:00 am to watch this in the AM. Wow.
I kept seeing all these stocks from earlier in the year running and decided to try to find one before it took off, and this one became my favorite candidate after I saw its unnatural dip last week based off of earnings. It is on the same cycle as AMC and GME.
They are attributing it to a deal with Kroger, but I think that's B.S. and they just don't want to admit it is being squeezed, (not) coincidentally alongside everything else this afternoon.
Knocking on wood.
Definitely will be up at 3:00 am to watch this in the AM. Wow.
I kept seeing all these stocks from earlier in the year running and decided to try to find one before it took off, and this one became my favorite candidate after I saw its unnatural dip last week based off of earnings. It is on the same cycle as AMC and GME.
They are attributing it to a deal with Kroger, but I think that's B.S. and they just don't want to admit it is being squeezed, (not) coincidentally alongside everything else this afternoon.
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Yeah, I am disappointed about BB as well, though it is moving nicely in AH, it is nowhere near to the level of BBBY. I have as much BB as I do BBBY actually.
Maybe tomorrow.
Maybe tomorrow indeed. I think all of this is further confirmation that the shorts never covered.
I bought more shares of GME today
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Always makes me wonder if news gets front-run ahead of these pre-determined spike points. Either way, I'll take it.
Just hoping my gains don't evaporate by the time market opens haha, but we should get some good FOMO energy this morning to pump the price up to the $35 to $40 range, hopefully.
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I own literally just one GME call that I bought on Friday, just to say I have a stake in that, and it has already gone well over 100% gains. Wish I had bought way more now haha
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After taking my profits on BBBY, I added 80% of it to my AMC position, bought some YOLO Blackberry calls for next week, and added 9 more GME calls.
Today has been a great day.
Glad I got out of BBBY when I did (sold them inclemently as it dropped this morning, and all were out of my possession before the share price got to $24.
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It is remarkable how GME has held at that price.
Don't know about y'all but my accounts have been
lately. Been a great run these past couple of weeks.Create an account or login to comment
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