Bought some KCAC (yes, remember QS' old ticker? same team) at $10.05. Warrants boomed to $3.50 today on Karma hype. XXII which i bought late last year around $2.50, and been stuck between $2-$3 for most that time finally moving, up over 30% over the last week to $4.58, even tho low nicotine status from FDA hasn't actually been given. don't want to jinx things, but i'm starting to see optimism, penny stocks and spac warrants jumping on hype without fundamentals again.
cup w handle (in my books, the most powerful bullish technical signal) alert, akam has been hovering around the ~ 38% retracement level for ~ a wk, ers will be on 4 May i look for a handle to be formed, then a pop to 50% retracement level ~ 113 towards closing the 111/116 gap, and beyond
it appears that FB is ready to make a run at the top of the trading channel again, to complete a Cup W Handle formation, going into the 4-28 ERS next Wed change the time frame to 5-minute intervals, today's chart is a textbook eg of a flag formation
From a non-technical standpoint, as a marketer, I'm still very worried about what Apple is doing literally RIGHT NOW with their privacy & tracking changes. And - it's a non-election year. Eventually, it could hurt advertising revenue. IMO It'll definitely hurt the product in the short term. Fewer leads for advertisers & likely a higher cost per lead.
Yes, it is my opinion that Facebook's advertising product has gone from crap-to-excellent over the course of 10 years or so. The ability for Facebook to serve ads to an interested audience has become scary good. Which means marketers will spend more money on it. Election years boost ad revenue even further. What Apple is doing is being promoted as a pro-privacy move - but it almost seems designed to hurt Facebook's ad product. Half of the mobile audience is on iPhone. If that goes "dark" - it will make the ads less effective. I'm worried I am about to lose one of my strongest lead sources - but there's no way to tell how bad things might get until the dust settles.
Zuck seems to think FB will alright if people begin to sell goods directly through Facebook and Instagram...also FB has started to think about life outside of selling advertising. They are doing a lot more with VR, AR and AI. Let’s see how it all shakes out. But I do like FB going into earnings. SNAPs numbers appear to bode well for FB. But I might be inclined to sell a post ER pop.
i've never been able to bring myself to buy FB, as a consumer i've never been able to understand why people use it. seems really unnecessary and boring. at least with googl i can see the utility in search, maps, etc in exchange for my data. i know i've missed out on a lot of gainz, but i'll just stick to other things i can believe in.
What about Android (Alphabet) and Facebook? I've only loosely been following what Apple doing, but it doesn't seem to be for altruism.
I'm fine with ruining FB's ability to personalize ads. I understand that businesses feel like they'll suffer but there are plenty of ways to target ads without the hyper personalization that facebook promotes. And Facebook is so opaque about how it personalizes that, no one is actually certain how effective it even is. They'll give you metrics but some of those are quite silly. Its definitely not altruism. Apple has no vested interest in personalization of ads (since they don't own or run an ad network) and restricting ads and data access gives them a lot of good publicity with little downside (and tons of upside since you're kneecapping your competitors). But I'm still fine with it. FB hasn't proven itself to be an honest actor in this area. They've lied repeatedly about what the store, how they use it and even how effective it is. (remember when facebook made up metrics about how effective videos were, tons of companies completely screwed up their ad budgets because of that). FB is just holding companies hostage at this point because it is an important means of advertising but they don't behave in an honest way. So in the absence of regulation that would force facebook to be more transparent with consumers and businesses, we'll just have to rely on companies like Apple doing stuff like this.
are you still holding? up 54% today. i actually caught the uplisting news before the run but didn't pull the trigger, Ugggghhhhh. i thot we were still scared of capital gainz lol.
damn you have a hell of a memory. i was coming to post just that. i havent even read about what happened. Ill be holding this one for several years that's for sure.
xxii closed at $5.15! no new news today, pure exuberance. WSBros, 1. Is it time to go further out the risk curve? I.e., trying to time calls and/or warrants, small cap/penny stocks? @robbie380 @Mr. Brightside always appreciate your macro views on market. 2. Looking forward what are the high risk/reward/potential plays that you are excited about? A lot of growth stocks that i'm optimistic on, but the premiums and theta decay on calls still looks scary.
constructed bullish CALL spread for 2 stocks; a ho-hum one, the other more volatile the ho-hum one will ERS on 4-27 and go X-Div on ~5-19 bto 270 CALL, sto 280 CALL, for a next cost of $5.74 should everything turn out as expected, max profit would be $4.26 the volatile one; ers on 4-29 "W" bouncing off the base of support, signaled by a "doji", reversing the most recent down trend, protruding thru the 20 dma, heading for the 50 dma bto Aug 40 CALL, sto May 47 CALL, for a net cost of $5.54 expect the short leg will expire worthless, then roll it forward to a higher strike, collecting more premium stock price will be traded ~~ mid-50s
@Cokebabies Does TRMR make sense? another one of these israeli digital advertising things, 4x P/S seems cheap, growth has caught on recently, but uneven. Rupert murdoch owns 7%. Upcoming catalyst is nasdaq listing, possible re-rate? https://seekingalpha.com/article/4420982-tremor-international-fast-growing-profitable-cheap statement on nasdaq listing https://www.tremorinternational.com...on-Statement-for-Proposed-Offering-160321.pdf run-up since nov is scary tho.
IBD's technical take on ATKR, in the building construction space, https://editorpen.com/banking/ibd-5...t-atkore-completes-base-ahead-of-q2-earnings/, Atkore’s rebound, which started in Nov, the stock has remained above its 21-day exponential moving average. It has pulled back through that line twice, but only far enough for a quick test of support at its 10-week moving average. The 10-week rebound in February was the stock’s only real buy opportunity following its November breakout. The stock’s relative strength line has trended sideways since hitting its pre-base peak in mid-March. You would like to see that line move near or into new highs just ahead of, or alongside the stock’s breakout, as the 29 Apr ERS is rapidly approaching. of late, trading action has been bouncing off the lower trading channel
7 trading days ago, when MVIS stock price was ~~11, a doji appeared signaling hesitation among traders. since then trading action has rocketed off the low trading channel; after a large pop Fri, it is popping > 20% today, to be above ~23. daily trading volume for the last 2 trading days has been > 5x normal something is going on according to this SeekingAlpha poster, https://seekingalpha.com/article/4420906-microvision-another-wallstreetbets-trap, MVIS is the newest WallStreetBets target
