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That's not the point though....he would buy the ticker just to have it away from any potential competition.
You think Elon might dip into his petty cash drawer and buy this out just for the name?
It is a good name.
This has held up a lot better than I thought it would. The question is why? Makes no sense.
Still waiting for $9s. Maybe tomorrow.
high .001s would be more realistic.
C'mon--we all know this one is spent.
That's nice. I'm sure many will be holding in disbelief as it returns to the .0001s where it belongs.
SCAM.
No bounce, just a trounce.
Turn out the electric car lights, the party's over.
This plummet on the close portends a big crash and burn tomorrow. Bag holders' bags are about to get extremely heavy because there is a nearly unlimited supply of shares to dump.
This is just another P'n'D in progress....sorry to rain on anyone's parade, but we've seen this old story way too many times.
...and the megaphone is saying "VERY WEAK CLOSE TODAY"
Weaker opening in the a.m. I stand by the .002s
Could see .002s by the close, forget about tomorrow. LOL
Could see .002s by the close, forget about tomorrow. LOL
Everyone is rushing for the exits now--will be a blood bath tomorrow morning. See you at .002
Am I reading this correctly? A billion shares traded already?
Time to sniff and grope some UVXY in the $9s?
Looks like you'll get it...futures looking minty green as usual.
Back under $100. Surely a buying opportunity here soon.
Looks like the longs are in trouble here. Sorry.
He's a capitalist when it comes to raking in billions from his platform, but he wants communism for everyone else.
I hope TWTR is shorted to the center of the Earth where it belongs...
We won't see hyperinflation like Weimar Germany or Zimbabwe. Why?
Because all that money printing isn't being evenly distributed among us. It is going into the hands of the mega billionaire banksters who use it to keep THEIR chosen stocks propped up and going north. It's a bubble...sure. But it's an exclusive bubble not subject to pricking by the masses. I know it's sort of counterintuitive but it's also why we have NOT seen a commensurate rise in commodities and precious metals. At the bottom of the pyramid we have deflation. The Average Joe cannot pay rent, has been jobless or losing his small business and can't pay his credit card debt. To do it he has to raise dollars--that keeps the dollar in demand. That's deflation, but he also has slowly rising inflation of food prices and so forth.
In other words, it's a barbell economy. The top tenth of one percent has it all and the bottom has all the debt and little chance to get out of it. It truly is an immoral system of money.
That's also why I continue to wait for the $9s here. Eventually there will be some sort of cataclysmic event or revolution that will prick their bubble.
The Gravestone Company would be more apt. They have always buried their investors in share printing.
Let's talk about UVXY, please.
I'm still waiting for $9 here. I expect the Fed to pump up the markets to make Biden look good.
A lot of people used twitter in their business. Twitter essentially insulted half their user base. Really stupid business move, but for Dorsey, ideology trumps profits.
Let 'er drop.
Was trying to get UVXY in the $9s, but instead I bought a silver ETF, AGQ, near the low.
Silver getting blasted, too. Isn't it funny how Bitcoin can go through the roof, then to the moon, then to Pluto and the Dow is green no matter what...
...yet precious metals aren't allowed to break out. Ever.
Big move DOWN for gold today. Silver getting hammered too.
Yet the Dow continues to make new highs no matter what, day in, day out.
Here are the ten teens.
"Looking at this market in utter disbelief"
I hear ya, and I agree, but the markets will keep going up until they don't. I laughed when the Dow was at 15k and Martin Armstrong said it was going to 40k.
Not laugihng now.
Prediction: UVXY will see upper $9s premarket.
This is what's happening. The mega billionaires got mega richer during the crisis. The Fed system fosters rampant corruption. Greed and criminality are rewarded while the average man picks up the tab. The small business owners are going to get crushed by vicious IRS audits soon. All of this will mean the stock market will continue up on its merry way. We're living in very unusual times. I didn't know this about Yellen, but I'm not surprised.
S&P 500 at an all-time high right now. Despite all the turmoil, it will go higher and higher and higher and etc.
It's a new paradigm. It's a perma-bull market impervious to bad news. The bears have already been shot and skinned. The bear skin rug is on the bull's floor.
Yet UVXY won't go into the $9s. Why?
Martin Armstrong predicted a 40,000 Dow over five years ago. Looks like he'll be right. The S&P commensurately higher too of course.
He said the stock market was the only place easy money could go and the Fed keeps printing easy money. Who benefits the most? The mega billionaires and central bankers who own the Fed.
I'll wait for $10 to average down.
Gold is getting shellacked. So am I, lol
Silly me, I became a stuck holder...but I just averaged down here. Goin' down with the ship this time.
GLTA
Everything you said isn't true. 'nuff said.
UVXY should have some good up and downs tomorrow. Good luck to you.
Oh, I'm so delighted for you! Now let's talk about UVXY, mmmkay?
A crazy CEO is to blame. Not 'bashers.'
You could just as easily blame the legion of pumpers (now long gone) who said this was going to the moon.
Got back in at $11.31 and now it's bouncing.
Pure luck.
SILJ holding its gains today. Good sign, I guess.
That chart doesn't factor in inflation--that's gold in terms of dollars that have far less value today than they did in 1980.
Nobody is loading this garbage. People are trying to off load on any sort of minimum upswing.