STOCK MARKET: Let's talk stocks and investing

MSFT is joining Honda Motor and other institutional investors in a combined new equity investment of more than $2 billion in Cruise, GM's majority-owned autonomous car unit

pre-market, GM is up ~ 4, MSFT is up a tad

have to roll my front legs (of diagonal CALL calendar spreads) forward to a much higher strike CALL​

 

Tencent also getting into the autonomous game:

https://www.reuters.com/article/us-...t-car-technologies-with-tencent-idUSKBN29O0NU

 

Props to @adoo on GM. Calls are printing. $55 3.19

 

why FUBO go down?
technical analysis has failed me.

 

this is crazy! bless the buyden

Senseonics Announces a Positive Coverage Decision for Eversense CGM from EmblemHealth
https://www.businesswire.com/news/home/20210119005300/en/

 

i saw a PT of $6.50 in my news feed, probably rubbish tho. Enter here or try waiting for $27.50?

 

I'm scared to touch that stock. Did you get in? Worried it might deflate faster than Harden's body fat % when he got traded to BKN.

 

i got in...and i was up but this **** crashed it. diamond hands.

 

I was going to ask about this. Can someone more thoroughly explain why this stock is so controversial yet seemingly keeps out performing? I've stayed away...is it just a matter of time before it tanks? That seems to be the consensus.

 

Shitron is the biggest buzz kill, man. Everyone hates them. They beat down NIO, but NIO overcame. PLTR too. Never bet against the bulls.

 

what's PT?

not enough buyers. since that pop ~4 days again, volume has been declining
need more buyers to put the squeeze on the shortists again
the 50 dma may be the floor again, where buyers step in

fwiw, switch your chart setting to weekly view, it looks bullish

​

 

It's being gamed/hacked, it's not really a $40 stock. It cant be. There is no way. **** Citron though.

 

Gotcha

 

Thanks. PT=price target. Gonna be patient with this. Many other things to buy, will sit this out if it doesn't go to the 50 dma.

 

pop over to /wallstreetbets
they are trying to manipulate it

 

Agreed. Interesting how it's legal to do that.

 

Not trying. They have been successful so far.

 

Hopefully 50 dma is support.

 

unless you have a clear conviction on what the price should be i wouldn't touch it, long or short.

 

And don't ask WSB what their price point is. "$420.69 or expire worthless" they'll say.