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[StreetsofBeige]

I've shorted Nikola a few times.
I've also shorted AMD when it hit new highs cause its been up and down all year like a predictable yoyo.
Ill buy and sell or short whenever its up or down 10% over the last 5-10 !trading days.

Lightspeed POS popped +10% today.

I might get back in if it drops. Tempting.

 

[Foamy]

Lightspeed POS popped +10% today.

I might get back in if it drops. Tempting.

Just looked at the charts and yeah I'd say its definitely due for a pull back.
Whenever it comes I'd say look for it to drop 12 to 15% over a few days before buying back in.

 

[StreetsofBeige]

About time to get back in on PLTR if you believe in it. I put a limit buy on it if it drops just a bit more today.

Other than that, I'm holding some oil and mineral, and ABEV long. I'm getting out of everything else for now, except if Roblox debuts at a cheap price I might get some.

You get into Palantir today? Popping $2.50.

 

[BigBooper]

You get into Palantir today? Popping $2.50.

Nope, never got low enough for me. I'm probably gonna end up holding off until after the election. I sold my Baba today. Had a nervous intuition about the China stuff.

 

[StreetsofBeige]

Nope, never got low enough for me. I'm probably gonna end up holding off until after the election. I sold my Baba today. Had a nervous intuition about the China stuff.

Damn LSPD popping another $3 cdn. Sold yesterday.

 

[DarkestHour]

Nothing about the markets makes sense to me. I converted to some cash mostly to hedge against expected market issues due to COVID and to rebalance...but the market just keeps going up and up. Now I'm too scared to put that cash back in. What the fuck.

 

[Foamy]

Right now I'm pretty pumped on The Very Good Food Company.
I've been selling on highs and rebuying on lows and buying more shares with the profits. I have very big expectations for this company and growth projections are great. It's still a pinx at this point but its trading in the 5's now so it wont be much longer.

This is going up even faster than I expected.
Up 13% atm to $7.00.
Easy 5 bagger within a year if no significant crashes.

 

[BigBooper]

This is going up even faster than I expected.
Up 13% atm to $7.00.
Easy 5 bagger within a year if no significant crashes.

Looks very good for a long term investment. I think I'll get in eventually.

AIRBnb is going public on Dec 10 at $44-50 per share. I'm not going to get in.

 

[Foamy]

Bought some NIO on the pullback at $42.50 today. Hopefully it'll be back to mid 50 sometime after the holidays. If it drops to mid 30's I'll buy more.

 

[ManofOne]

Bought some NIO on the pullback at $42.50 today. Hopefully it'll be back to mid 50 sometime after the holidays. If it drops to mid 30's I'll buy more.

Nothing about the markets makes sense to me. I converted to some cash mostly to hedge against expected market issues due to COVID and to rebalance...but the market just keeps going up and up. Now I'm too scared to put that cash back in. What the fuck.

When the markets hit their lowest on March 23rd. The consensus was a buy around 2,200. Some we’re expecting it to hit around 1,900 but consensus buy was 2,200.

the reasons the market is going up are fundamentally economics.

basically a liquidity crisis and credit crisis has been avoided mostly for the larger part and you have around $8-$11 trillion dollars floating in the system with low rates.

companies are also operating significantly leaner and beating year of year expectations.

your looking at Bull Market

 

[Foamy]

When the markets hit their lowest on March 23rd. The consensus was a buy around 2,200. Some we’re expecting it to hit around 1,900 but consensus buy was 2,200.

the reasons the market is going up are fundamentally economics.

basically a liquidity crisis and credit crisis has been avoided mostly for the larger part and you have around $8-$11 trillion dollars floating in the system with low rates.

companies are also operating significantly leaner and beating year of year expectations.

your looking at Bull Market

Well yes of course its a bull market. Has been since April.
I wanted to buy Nio at 2-4 dollars so badly but the small chance of them not surviving the year kept me out.
I knew deep down the Chinese government would have propped them up but... yeah.
Opportunity missed.

 

[StreetsofBeige]

RMG popped 20%, so I'm actually up 10% now in a week.

Guys, keep an eye out for MFGP. Some software company that used to be $30, now $6. The partnered with Amazon yesterday so it popped from $5 to $6.

Might grab 2000 shares Monday and look for a momentum swing.

 

[StreetsofBeige]

If you're willing to gamble on those shitty weed stocks, keep an eye on them. I might take a dip back in.

Most are garbage, but when a sector has momentum you can get lucky and jump in and then jump out before it craters.

 

[StreetsofBeige]

Door Dash IPO is Weds Dec 9. Air BNB IPO is Thurs Dec 10.

 

[BigBooper]

Door Dash IPO is Weds Dec 9. Air BNB IPO is Thurs Dec 10.

You think you're gonna buy into either?

 

[StreetsofBeige]

You think you're gonna buy into either?

I might dip into Door Dash and see if I can flip it fast. The expected price will be around $100/share. I might do 100 shares for the hell of it at the opening bell and see if it can pop $20 by the afternoon and get out out.

Many of these dot com UBER, Lyft, Snapchat companies who IPO'ed last year or two didn't do great. Only in the past covid craze did they finally pop. They all actually tanked and languished for a while, instead of the usual expectation of a giant leap.

DD is already past the hardcore covid lockdowns and the pricing of shares is already hiked up a bit. Who knows how much more they can pop permanently.

 

[StreetsofBeige]

For those of you who are tempted to jump onto the EV train (even though it looks like the big upward momo swing ended a week ago), Li Auto just suppressed it's share with a share offering at $29 flat It's now at $30 and change. It hit around $45 a week or two ago.

If you think this is truly the bottom for them, it might be ok to dive in now. I was lucky and got in during IPO at $16 and change and dumped it for $36 flat a couple weeks ago, but at this price I'm tempted myself to get back in.

Of course, maybe Chinese EV are still garbage and it might fall lower. But for now the benchmark is $29.

Li Auto Inc. Announces Pricing of Follow-on Public Offering of American Depositary Shares

BEIJING, China, Dec. 04, 2020 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced the pricing of its underwritten follow-on offering of 47,000,000 American depositary shares (“ADSs”), each representing two...

finance.yahoo.com

 

[SonorFagoen]

I truly hope not, for everyone's sake.

 

[StreetsofBeige]

Another one for the watchlist.

Tattooed Chef. TTCF

 

[copperdove056]

This post aged well. I wonder how many bought in to this and held. You'd have made a grip. Good post!!