I dumped BABA in the 200's on the way down and coincidentally bought SOFI a while back at around $15.xx. Unfortunately I never bought the other half of my position in SOFI. I hope I don't regret that like I did NFLX where I'm still sitting on my "half position" that I bought years ago. lol. I think I may stay out of BABA for now. I was in BABA since its IPO days but I'm scared to get back in because of the Chinese government smacking companies around and creating parity.
Ya. I had no plans on holding BABA long term but figured I can ride the "recovery" lol. Same thought as you for chinese stocks....too much shenanigans by the govt.
Amazon to hire 150k seasonal workers ahead of holidays https://www.hcamag.com/us/news/general/amazon-to-hire-150k-seasonal-workers-ahead-of-holidays/313834 @Rodman23 @whag00 Last year AMZN hired 100k seasonal workers. It's becoming clear that the logistics "issues" and inflation are due to surging demand. I trust AMZN's ACTIONS a lot more than ivory tower economists or hedge fund billionaires trying to spread FUD.
made this trade on IBKR, trading ~ 75, using Jan expiration bto 80 strike CALL sto 70 strike PUT netted 10 cents credit per contract should IBKR. at expiration, close at 90, my CALL will be worth $10, and the PUT worthless. net profit, $10.10 85, my CALL will be worth $5, and the PUT worthless. net profit $5.10 80, my CALL will be worthless, and the PUT worthless net profit $0.10 75, my CALL will be worthless and the PUT worthless. net profit $0.10 70, my CALL will be worthless and the PUT worthless. net profit $0.10 below 70, my CALL will be worthless and i will be obligated to buy the stock at $70 per share. net cost of the stock would be $69.90
trump social media spac DWAC. missed out on the jump in pre, staying out for now lol. someone happened to buy 1m warrants at 50cents ytd...
I got TWITTER'd this year. Fortunate enough to not get PINS'd. So... who just got SNAP'd? After-hr tech stock death.
My TWTR stock was down a bit on the SNAP news. I saw it dip and wondered what happened and that's when I saw SNAP got massacred.
Might add some FB tomorrow before Monday’s ER. I hate the company but the stock has never let me down…seems like a steal in the 320’s.