Hi all, Nothing's changed with Lordstown's position. This post relates not to Lordstown's financials or fundamentals but to chart technicals. In my own data that i follow for all stocks, Lordstown seems to be nothing special and has absolutely nothing going for it. In terms of charting, Lordstown is in a huge bull wedge (which doesn't make sense, i know, but...
Nothing much to say here. The situation with RIDE is the same as before. Foxconn decided to break their contract and not buy NASDAQ:RIDE at the price of $1.70 as previously agreed since the price of the stock had declined to $0.30. It seems the cost of business of just breaking contract was better for them than to actually go ahead and buy NASDAQ:RIDE shares...
Lordstown motors is what might be the end of the bullish wedge. There may be a month or two left in it before anything really happens. My research on RIDE is not deep, not great, not bad either. --Fundamentals-- RIDE's hub motors are the main drive (pun) here. Foxconn showed some interest initially and did the deal with them but is not showing up to be a daddy...
This trade has nothing to do with fundamentals, company transformation NFT bs or that moass stuff. This is me seeing a trend in the market and taking advantage of it. Some of you know why i'm posting this here. For those who don't know, i've been trying to be some kind of prophet idiot and i've failed a lot in the past. I stopped posting for 6 months until i...
This stock has horrifically bad spreads, i usually stay away from trash like this but reviewing trading data from this month i'm seeing extremely big activity behind this stock. I also checked around and apparently Jim Cramer is bearish this stock within the same month as said same extremely trading activity. Due to these nice 2 conflicting things i've gone ahead...
Telling you that there's a run next week is a horrifically bad idea both for me and you. By buying GameStop you'll force whoever is selling you that stuff to go short in order to sell you whatever you're buying and that'll cause another one of those nice tumbles down to some dumb price like $14. So here i am doing that dumb thing, telling you that there's a run...
Despite all the doom and gloom and actually bad fundamentals of everything, SPY to $443 or $449 ish by April. imgur.com
CRM is extremely overbought along with the rest of the market. CEO is wasting money on private concerts, though they do have the money to do that so kudos to them. But mostly it's overbought and a pullback has to happen, might as well as ride it.
Using external data i've come to the conclusion that SPY could reach $435 by the start of April. Do with this information what you will.
Yeah i think i figured this all out. Not revealing anything. Basically: -SPY moons today. -GME/Memes don't move at all. -SPY un-moons today/tomorrow into next week. -GME/Memes drop more into the next 2 weeks. PT for GME $14.xx PT for SPY $437 today/tomorrow and then back to $387 by early March.
I was wrong. The run isn't over... I got faked out by the data in my last post/s. GME and the memes are going to pump more... imgur.com As you see it had reversed last week indicating we would flip to bearish this week. Then yesterday it re-flipped to bullish. I've honestly only seen this happen in June 2022 and i dont't understand what it means. All i know at...
The chart above is a composite chart of: AMC, GME, COIN, HOOD, CHPT, F, LUMN, GRAB, FINV, CHPT. 3 of these are in the XRT ETF but that doesn't matter too much. This basket is the "meme" basket and it's general use as i understand is as a source of liquidity since most of the stocks inside it are illiquid like GME, LUMN and maybe a few others. I don't think AMC is...
Hi all, $383 million in swaps traded on the 8'th of Feb and will be in effect tomorrow 10 Feb for the meme basket. Not gonna name the basket nor show the data. I'm going on a trust me bro basis from now onwards. All i'm gonna say is that we're in a basket highly corelated to Crypto and cars... It's safe to say that we should expect moves starting yesterday and...
Yeah... Again, this is another stock that's been added to the meme basket. Yes... a Silver Mining/Trading company was added to the Meme stock basket... it didn't make much sense until i saw they added this yesterday and that AG has earnings TOMORROW. The only reason to add things to the meme basket like this is obviously to make meme stocks go down with a helpful...
Yeah... so they added this stock to the GME/Meme basket yesterday... I checked and apparently it's another stock that has EARNINGS tomorrow!! What a surprise... adding a weak earnings stock to a meme basket only for earnings so that when earnings comes out and BROS hits the gutter, so do all other basket stocks. TLDR: Get Puts 11-25 days out. Easiest money you ever made.
GME to $14 by early March then up Mid March. Based on said trust me bro data. As usual any run that was to happen was muted. Only down from here before the next run. Sorry if this doesn't fit your narrative/bias/love for the stock. Not trying to be mean, it's just how things are. By betting against the stock based on this info, a run can be caused to happen...
I think i've caught the next GME run. The data has been extremely unclear for a while now until yesterday's data came out which shows a strong signal for next week. I won't share the data or the PT here as not to risk things. TLDR: -Next week GME there's a chance to run. I don't know if we will have enough time to buy on Monday or whether one has to buy today on...
I've done little to no DD on this stock. The reason why i'm even mentioning it is because it's touched the 50DMA which means nothing really and it's part of the GME/AMC/HOOD meme basket. After the meme basket move today thanks to Bobby, i'm basically throwing some money atGRABwhich is part of the basket to see if something happens. Oddly enough the options chain...