Reply With QuoteDay traders spending their benefitsOriginally Posted by mr noble
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Reckon it gets to trillion market cap? Totally crazy
Day traders spending their benefits
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Or perhaps even the pigs down the road at Neuralink testing and debuging the algorithms in an early release of their AI day trading module?Day traders spending their benefits
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PEAK MADNESS
Is there a corresponding 3STS one?
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Someone who lies about the little things will lie about the big things too.
lambs to the slaughter these poor buggers that start playing with options.
next theyll be on WSB!
It used to that a bubble was only recognised as a bubble after it burst.
Why can no-one see this is a disaster waiting to happen?
That 3STS is actually quite appealing, surely NOW is the time?
Well blow me! TSLA on a retreat! Didnt think wed ever see it!!
Knock yourself out. TSLA is the widowmaker of short positions.That 3STS is actually quite appealing, surely NOW is the time?
Concur from experience!
Tesla second day on the slide
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Fighting back by the looks of it.
Nope, down another 6%
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3STS baby
FTSE and Dow taking some kicks to the balls
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Tesla 14.5% dip in last day and a bit trading now, let's see if those easy money new school traders have the balls for it.
That was painful ,ftse hammered last hour
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It's still above $2,000 pre-split, could lose another 75% from here and be still overvalued.
Someone who lies about the little things will lie about the big things too.
So what do we think will happen when the market finally catches up with Tesla and the shorters come circling? Steady decline or rapid fall off the cliff?
Depends.
There have been some activists who have collected evidence of fraud. If and when the SEC would open up an investigation, it would gap down 50% I think. But so far Musk had been untouchable, despite clear evidence of accounting irregularities and massive environment breaches. Trump has singled him out as a genius (from one to another....) and I don't see which government agency would start proceedings. That could change if one of the big newspapers would latch on, but hasn't happened yet.
Someone who lies about the little things will lie about the big things too.
Hardly. DJIA back to where it was one week ago.
Plenty more where that came from.
Someone who lies about the little things will lie about the big things too.
TSLA another 6.5% down in after hours trading last night, today might get interesting.
bad day for all it seems;
https://www.bbc.co.uk/news/business-54020706
Bought back some short NQ and DJ futures on the early morning dip, still undecided of I leave it at that our try and short again at higher levels.
Long Labour Day weekend coming up, could lead to some position trimming ahead and bounce after? Expect Trump to keep talking about a vaccine before November to prop up the market.
Someone who lies about the little things will lie about the big things too.
FTSE rally!
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Okay, now I know what I should have done.
Well at least my out-of-the-money Tesla puts are showing signs of life again.
RIP FTSE
Same as yesterday , I'm hoping my man had an early finish
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Read this. It is important.
https://www.ft.com/content/75587aa6-...4-3ff866753fa2
So one guy is to blame ?
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Just came on to post this. Interesting read!
Dunno but if I have to place my bet if Softbank can take on and win versus Mr. Market, I'd rather not be long and wrong. This has the potential to implode big time. BIG TIME.
Any link that isn't behind the paywall?
Just Google the title other places have replicated it
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Softbank don't have the firepower to win this one do they? Just a question of time.
- - - Updated - - -
https://on.ft.com/3gWJWKR
This is a gift link so the first 3 people to click it will get access to it. :)
Please excuse me guys but are we saying that Softbank is effectively throwing some very large dice hoping for double 6 ...to mask / mend its losses from earlier investments?.
Hard to contemplate any investor being large enough to errr manipulate downfall of price of the FAANGs
What is the consensus on outcome ?..
I thought it would be Tesla accounting issues that would bring the merry-go-round to a halt, but maybe this is the trigger?
Many have tried to take on the market. It never had a happy ending. Will that ever change? Maybe.
Someone who lies about the little things will lie about the big things too.
If they have been doing this for a while the likely have already made a killing.
Having read a bit more ..
It seems Softbank did a major asset sell off to create a 100 billion Cash, some of their major investors wanted them to buy back their own shares or pay down debt......but those tinkers in the Gordon Gekko dept.. donned the red braces asked for use of the cash a few months back and went on a spending spree of puts / options / hedges to the value of err 50 billion involving Microsoft,Apple, Amazon etc ...
Then on Thursday pulled some levers and the shit storm ensued ...i have no idea if Softbank have profited or are in pain, I suspect a mixture..
What i have learned.......
1. Go back to wearing a Sub / GMT as a daily as my newly aquired Apple watch showing Amazon share price whilst simultaneously showing my HR is not condusive to my wellbeing.....
2. I am in control of nothing, As in the market as there’s some big boys with deep pockets that can bend natural market forces .either way to their benefit.
3. If investing in non U.K. stocks you need to factor in exchange rate ...damn you currently strong pound..haha..
Hey all in all Amazon is back to where it was 14 days ago....roll on Monday
Last edited by TKH; 5th September 2020 at 09:20.
Labor day on Monday, may need to hold that thought til Tuesday...roll on Monday
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