The Investment Thread (5 Viewers)

[Turfie]

What made you decide to do this? Expecting a big Easter Holiday pullback tomorrow?

I was making really dumb choices and thought I needed a timeout. I still don’t even know what BFRI does. Yet I yolo’d (briefly into it).

I bought 500 shares of EPZM last night in AH only because the big insider who was buying it was named “Pablo” which I thought was cool.

I need a break. Still have all my GME locked away safely in ComputerShare.

 

[St. Geezy]

I was making really dumb choices and thought I needed a timeout. I still don’t even know what BFRI does. Yet I yolo’d (briefly into it).

I bought 500 shares of EPZM last night in AH only because the big insider who was buying it was named “Pablo” which I thought was cool.

I need a break. Still have all my GME locked away safely in ComputerShare.

Good move. I tend to do that after big wins, to a degree. Don't know if I have ever emptied out the whole account, but sometimes I will sit on the gains for at least a day or so to decide the next move (how much to "pay myself," how much to reinvest, etc.).

 

[TXSAINTFAN]

Yup, up 1% overall now. My cost basis for AAL is 18.18/share.

$16.11 for me. I'm going to hold for awhile and see what happens.

 

[Turfie]

So if I believe in T+2 theories. I don’t think they let leveraged stocks run heading into a 3-day weekend. So they released some pressure earlier today.

So maybe things start fast tomorrow and then slow down. Create somewhat of a negative sentiment to close prior to Easter Weekend. Then on Monday things are sideways or slightly down.

Then T+2 could mean a pump Tuesday. This again assuming that they let things run today relatively unabated.

 

[bclemms]

So if I believe in T+2 theories. I don’t think they let leveraged stocks run heading into a 3-day weekend. So they released some pressure earlier today.

So maybe things start fast tomorrow and then slow down. Create somewhat of a negative sentiment to close prior to Easter Weekend. Then on Monday things are sideways or slightly down.

Then T+2 could mean a pump Tuesday. This again assuming that they let things run today relatively unabated.

I think we see steady upward trajectory the next week. Maybe not green every day but no big sell offs. That inflation number was a huge stressor. The fact that the rate of inflation slowed and oil prices came down 20% since March (lagging CPI data) it helped ease the bond yield and made equities attractive.

Overall stock prices are still really high historically. Like bubble busting high at a time the FED is tightening. That is going to keep people on edge for a while.

 

[St. Geezy]

So if I believe in T+2 theories. I don’t think they let leveraged stocks run heading into a 3-day weekend. So they released some pressure earlier today.

So maybe things start fast tomorrow and then slow down. Create somewhat of a negative sentiment to close prior to Easter Weekend. Then on Monday things are sideways or slightly down.

Then T+2 could mean a pump Tuesday. This again assuming that they let things run today relatively unabated.

Yep...that's usually how it goes.

 

[SaintInBucLand]

There goes Twitter again.

 

[Turfie]

Anybody eyeing up JP Morgan?

 

[St. Geezy]

Anybody eyeing up JP Morgan?

From my understanding, they're one of the main prime lenders embroiled in the heavily-shorted security saga, so it seems risky. I'd be more inclined to play a straddled position, heavy to the puts side on that one, but I am not going to touch it.

Any news coming out that I am unaware of?

 

[Turfie]

Nasdaq composite glitching hard core. Wow. Look at those volume bars. Plunge Protection Team?

All of this will get wiped clean

 

[Turfie]

From my understanding, they're one of the main prime lenders embroiled in the heavily-shorted security saga, so it seems risky. I'd be more inclined to play a straddled position, heavy to the puts side on that one, but I am not going to touch it.

Any news coming out that I am unaware of?

I was thinking of them as a 5-10% swing play short term. But they are leveraged big time.

 

[bclemms]

China is going to crash the global economy with the Covid 0 policy. Just as many thought they would start to back off, Xi came out today and made comments that make a reversal of policy nearly impossible. Then they locked down 40 more cities.

 

[itztime]

China is going to crash the global economy with the Covid 0 policy. Just as many thought they would start to back off, Xi came out today and made comments that make a reversal of policy nearly impossible. Then they locked down 40 more cities.

That has been my thinking too, here comes more shortages and panic.

 

[Turfie]

I knew it. At least that’s one more “conspiracy theory” that’s no longer just a theory. No cell. No sell.

 

[Turfie]

When you are caught between a rock and a hard place.