Off-Topic Stock Market & Crypto Discussion

[Tdvv]

BitGo seeks $100M in damages from Galaxy Digital for calling off $1.2B acquisition – TechCrunch

The crypto sector's first $1 billion deal, announced at the height of record surge in token prices, is disbanding as the market reverses much of the gains -- and not everyone is pleased.

techcrunch.com

Wonder what Novo has planned?

 

[mr.h]

Retail reports this week.
Walmart starts with record profits and sales.

 

[Tony4Canes]

Anyone buy BBBY?? **** meme stocks

 

[TheEye]

Anyone buy BBBY?? **** meme stocks

I never touch Meme stocks, but I do like that short sellers need to be on notice against the "sure thing."

 

[Fluffhead]

Anyone buy BBBY?? **** meme stocks

I was ready to buy 100 shares on Monday to do some gambling and work exploded. Sigh.

 

[Fluffhead]

I was ready to buy 100 shares on Monday to do some gambling and work exploded. Sigh.

Small amount, would have paid for a weekend trip.

 

[Cmuri]

I was ready to buy 100 shares on Monday to do some gambling and work exploded. Sigh.

Be glad you didn’t. Don’t own any but it’s crashing now. Lol

Ryan Cohen files to sell entire position in Bed Bath & Beyond

Ryan Cohen filed paperwork with the SEC on Wednesday to sell the entirety of his stake in Bed, Bath & Beyond.

finance.yahoo.com

 

[mr.h]

Jobless claims drops, by 2000
Philly Fed manufacturing up 6.3. Expectations were negative .5
Excellent numbers.

 

[TheEye]

Jobless claims drops, by 2000
Philly Fed manufacturing up 6.3. Expectations were negative .5
Excellent numbers.

Someone on CNBC referred to this market as "Bumper Bowling." Pretty good analogy of strong economic forces solidifying the bottom and the Fed solidifying the top. DJIA is just above the halfway point between 29K and 36K.

 

[mr.h]

New meme stock is MNMB. The guy that drove up BBBY just took an activist holding along with his father who is a Dackta.
I bought the stock last year when it went from $5.00 to $3.00. They use Hallucinogens to treat mental patients.
That’s why I bought it…lol
Maybe I’ll make my money back. Very risky doe.

 

[Cmuri]

Be glad you didn’t. Don’t own any but it’s crashing now. Lol

Ryan Cohen files to sell entire position in Bed Bath & Beyond

Ryan Cohen filed paperwork with the SEC on Wednesday to sell the entirety of his stake in Bed, Bath & Beyond.

finance.yahoo.com

Dude left his followers high and dry. Another 35% down. Not financial advice but at some point, might be good for a quick 10% trade lol

 

[mr.h]

It was a nice little streak..

 

[TheEye]

It was a nice little streak..

We were due. No worries. Buy below Dow 33k sell above 35k

 

[Bird4um]

Is the dead cat heading back down? Been a few straight days of red...

 

[SpikeUM]

I may have mentioned this a few times already, but you dont fight the Fed, especially if they are raising aggressively. Now when they slow down, maybe as soon as next month.....

 

[CFLCane]

Bought some puts on CELH.

 

[redcane]

Bought some puts on CELH.

What is your thesis, aside from company being based in Boca Raton? I am always interested in a short idea.

 

[CFLCane]

Bear Case : Double Top on the daily chart, RSI overbought, price has doubled in 4 months. 4th Highest P/E in the market @ 813. I just think it's due for a nice haircut considering market conditions.

Bull Case : That double top could be viewed as a Cup and Handle. Actually a company i really like, just not at this price. Recently inked a distribution deal w/pepsi. Leader in sales for "healthy" energy drinks. Bright future, and it taste good.

 

[mr.h]

The mkt is nervous about the impending Fed symposium on Friday

 

[CFLCane]

Bear Case : Double Top on the daily chart, RSI overbought, price has doubled in 4 months. 4th Highest P/E in the market @ 813. I just think it's due for a nice haircut considering market conditions.

Bull Case : That double top could be viewed as a Cup and Handle. Actually a company i really like, just not at this price. Recently inked a distribution deal w/pepsi. Leader in sales for "healthy" energy drinks. Bright future, and it taste good.

Lol getting rocked on this one.