i had several bullish PUT spread on them; they all got assigned ~ 2+ wks ago now the newly-acquired AAPL stocks, via assignment, are all profitable.
also just wanted to say F ark and ark x. arkx holdings include lots of companies that have nothing to do with space (netflix, john deere) and even their own PRNT ETF. they complain about valuations of the actual space companies, but hold SPCE arguably the most egregiously priced stock despite zero revenue, and ACIC a fraud EVTOL that is getting sued by Larry Page's startup for IP theft. /rant over.
Looking at the order of tech recovery last year, it was mega caps first, then big/mid caps, then small caps/spac mania. Are we at the start of the exact same sequence/cycle with mega caps running first? Mid cap saas were down today. Time to start accumulating these next?
about 4 wks ago perhaps these folks knew about this deal that was announced earlier this AM. Microsoft Corp. is buying speech technology company Nuance Communications Inc. in an all-cash deal valued at $19.7 billion, including debt, making a massive bet on health care artificial intelligence. For Mr. Softy, uber cash-rich, this is the 2nd biggest acquisition ever.
recall that the a rogue trader (Archego) lost his billions shorting on several stocks---using a 8 to 1 leverage---VIAC was one of them VIAC ---trading around 40--appears to have found support ~~ the 200 dma. constructed 2 spreads sold 21 May 40/35 bullish PUT spread for a credit of $2.24, defining my max risk of $2.76 bought 18 June 42/50 bullish CALL spread for a net cost of $1.70 net / net, for the 2 spreads, i have collected 54 cents premium; my max risk is limited to $4.46 my max profit is limited to $7.54 my price target is 51 by Jun
At $100bn valuation this comes to $870 per share? Anyone else buying? What's your PT? With their blow out first quarter I suspect it'll go past $100bn easily. $800m income in a qtr, on P/E basis is cheaper than MSFT for example. https://www.sec.gov/Archives/edgar/data/0001679788/000162828021006601/exhibit991-8xk.htm
Every time $PLTR has any little bit of momentum cnbc comes out and screams "Wallstreet Bets!!" to kill it
a emphatic pop on heavy volume, pin-ball action from the euphoria emanating from NVDA Cloudflare Partners with NVIDIA to Bring AI to its Global Edge Network 50 dma is 75.8; should it close above that, i may make another play
@adoo my theory is that this is playing out now. @Fantasma Negro i've pretty much stopped watching the emotional flip-flopping on cnbc, limiting myself to factual news from barchart and research on individual companies on seeking alpha (from good authors), and i think i'm making better decisions because of it.
I’ll never sell TSLA. Rarely have I wanted to know what a stock would worth 20 years from now quite as much as TSLA.
With innovation like this you should be in good shape. https://gizmodo.com/tesla-owners-say-open-butthole-and-get-a-little-surp-1846666529