I am going to start a position in pypl. Down 30% in a few months while market is at all time highs but this will open with every indicator showing extreme oversold.
ASLE earnings today. Also has big upcoming catalyst with new product pending FAA approval. Long shares, and short a put. Premiums really high, passed on calls to be prudent. https://seekingalpha.com/article/4463399-aersale-near-term-catalysts-upside
next support in the $180s? chart looks too scary for me. edit: btw have u taken a look at DLO? imo its getting dragged a bit by PYPL today, but based on MELI's earnings i suspect growth in south american payments is continuing to boom. its been down recently due to pre-lockup sales and fear over lockup ending at end of the month. potential to be the 3rd world stripe, similar to what MELI is to AMZN.
Sold 25% of my PLTR stake yesterday as it rose. Cohen sold. Today it's down. Opened calls for Jan with the intention to exercise. I guess we'll see how it goes....
Still holding my PLTR bags. Fudge man. I thought I would breakeven with earnings but nope. Back down she goes. I missed the morning news.....what's happening today? Everything took a dive...
PYPL is in the penalty box, think that it will close the gap before year-end sold a 10-pt bullish PUT spread, using 23 Dec expiration bto 195 strike PUT, sto 205 strike PUT, netted a premium of $4.55, defining my max risk of $5.45
Some good news today is that AMZN is holding strong. Maybe this time it breaks out of its 16+ month range.
As it should be…this is now a 2nd half 2022 story. I didn’t think the conference call was that bad and there are some pretty good opportunities for growth in ads, crypto, overseas markets, etc.
Finished at 42.23%. Huge increase in engagement which was a concern with kids back in school. Lots of upside as they are the nearest thing to a Meta Verse for kids and teens. Yeah teens play too or at least my 14 and 15 yo do.
https://finance.yahoo.com/news/fiverr-announces-third-quarter-2021-060000239.html Not a blowout, but looks like a solid qtr with raised guidance for next 2 qtrs. New acquisitions and product lines look promising and synergistic too. Could be a nice long term hold and compound.
This is the problem: Q3 2021: 1.96 billion shares outstanding. Q3 2020: 905.46 million shares outstanding. Price would be double if not for the extreme dilution. I expect SBC to slowdown and stock will do well in long term because its a viable business, but i've come to hate this company and management's extreme greed. don't understand y karp is getting paid so much more than tim apple and other fang CEOs when pltr's revenue (let alone earnings) is so much smaller. Many other software companies with higher growth, higher margins (i suspect PLTR has lower than avg gross margins due to human dependent consultancy and hence SBC required to pay these filthy humans) and more reasonable SBC. Glad i gave up on this company earlier this year. I took Karp's advice to heart. Palantir stock dips after CEO tells short-term investors to consider other stocks https://seekingalpha.com/news/36735...short-term-investors-to-consider-other-stocks
PLTR is tracking everything you do. This is a live look at their CEO planning your death (seriously, just Google Karp). Also, gold is up a smidge at least. Lulz.
Opendoor Technologies EPS beats by $0.08, beats on revenue; issues Q4 guidance https://seekingalpha.com/news/37689...ts-by-008-beats-on-revenue-issues-q4-guidance Opendoor Technologies (NASDAQ:OPEN): Q3 GAAP EPS of -$0.09 beats by $0.08. Revenue of $2.27B (+570.4% Y/Y) beats by $260M. Press Release Adjusted Net Income of -$17M , versus $2M in 2Q21. Expanded to 44 markets at the end of 3Q21 with 5 new market launches Purchased 15,181 homes, up 79% versus 2Q21 Grew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21 Outlook: 4Q21 revenue guidance of $3.1 billion - $3.2 billion vs. consensus of $2.92B and 4Q21 Adjusted EBITDA guidance of ($5) million - $5 million Good.
Yeeeeehaw on OPEN. Losing a lot of unrealized ground on MARA today though, oh lawdt, it was fun for that brief moment.