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Lol not sure where you are inferring me being upset from? I said I hope your friend takes profits on a 600% move, you told me he was smarter than me, and I said whatever you say. Should I have responded “thank you sir, may I have another?”
My dumb money comment is about people blindly holding at this insane valuation because of the cult nature around Musk and TSLA. No hate for traders who simply swung the hard run. EV bubble has been truly amazing. But people going long for the first time over $1700 are in for a rough year.
Whatever you say chief
Good for him, he should take profits and be thankful. Money still long here at $1700 is definitional dumb money and people are getting so arrogant about this trade, they won’t take profits and will be left holding the bag when it all collapses.
Is she doing okay now?
Hilarious. This is going to end like Enron. Too big to hide now
Would love to get more $20s to short
Another pump piece PR out but no one can explain the ridiculous market cap
I hear you, trend fighting is a fast way to go broke. Everything in me wanted a short on WIMI today. Instead I forced myself to go long at $13 after it was up 280% lol. Sold $22.50 in AH loling at myself.
Not sure if you’re a Seinfeld fan but I’m pulling a George and doing the opposite of everything I want to do.
Very nice! $DLPN
If Tesla can be worth $300B why can't everything, right? Or a company with no new innovation in 5 years that just resells everyone the same phone every 2 years is worth more than most stock exchanges at $1.7 T, why not?
A company that wants to take people to space as entertainment with a $4 B market cap on almost no revenue? How would you define a bubble stock?
$WIMI $23.50 WOW
$WIMI $11.50 tagged..thankful I did not touch this one today. But could be a great short for Monday
$ALT $22..shorted here. 1 hour is crossing bearish. Looking for a pullback to $15 range, but need some confirmation.
I see. I didn't see that on SA, I follow Hidenburg on Twitter which is where I saw the post, thanks.
Seeking Alpha? I'm not sure what you're referring to. I didn't reference Seeking Alpha, I referenced a research firm/short seller
$WKHS $14.70..still short here..Hidenburg Research (most recently smacked IDEX) just announced their short here which means they will be releasing some nasty research on the Co combined with the weekly chart being extreme overbought and it falling out of favor with Hooders..this could get set $10 this month imo.
Sub $10 next week? Hidenburg Research is short now which spells trouble
If you like that, think about WKHS at $1.2 B market cap on $74,000 of revenue lol. It’s been a good short from $20 to $15 but I think it could even end up back at $3-5
$ALT looking week here too
Was just looking at that chart. Wowza. Let’s see how she fades intraday
$AIKI really doesn’t like to hold gains hm
$GOVX reminds me of TOMZ. OTC trades. Lots of pops but no follow through. Then one day pops and just keeps popping $.45 to $1.30
Yeah, I may need to DCA upwards but it is cooked on the weekly..
If you want lower risk, UMRX looks ready to turnover in a big way here.
$SINO looking like a lead balloon at the moment.
Appears to be finding footing at $2.00..if not, $1.80 should provide nice support.
$ALT shorted some $22.80. Lord help me
That would be big. Oral is superior. People are tired of having aluminum injected into them
We just need the robinhooders to get ahold of it
$AIKI $.999 tagged
$AIKI $.94 looks ready
The tell was the obscene amount of deep OTM calls being bought weekly (I'm talking $10M+ every week that were 50-80% OTM). Dumb money doesn't have that kind of money. They forced MMs to delta hedge with actual equity purchases which perpetuated a cycle of short squeezing to a level we haven't seen in a while. I fell asleep on the trade, 100% my fault for being sloppy and letting personal opinion interfere with what the market was saying.
I'd sooner die..but your facetiousness is never lost on me. I drive my Denali around getting my 13 mpg. Doing my part for the earth.
Ohh yaaa I got killed on Tesla lol. I am happy to share my defeats with my victories.
Thankfully I absolutely drilled my first short of Tesla with a $910 average back in February, closed it $430 range in March. rolled those profits into a new Tesla short around $660..added at $1,000, closed some at $910, but held some at a loss, which is now an even bigger loss. I hit more at $1,400 yesterday, but my average is still about 35% below current market price. I may end up eating a niceeee loss on this one. My first short will cover most of it, but man I just didn't prepare myself for the possibility of a move towards $1,500 on such garbage financials.
TY
$FUV might be an even better setup than NIO fyi..I'm short both of those and WKHS
Nice work..covered $17.60..this thing is moving too hot for an ON hold. Here for a good time not a long time
I just want to watch TSLA and NIO Catch on fire, like their actual vehicles do..the complimentary plays can run forever, I'm good with that.
$ALT Smacked it at $19.80 with incredibly tight stops..this thing is like NKLA on its first move
$ALT..wtf am i looking at
Correct $NIO is a massive CCP fraud..WKHS..SHLL..pick a name in the EV sector and it will be lower soon imo. $TSLA is in bed with the CCP on that Shanghai factory and has verifiable fraud on their warranty accounting so we will see if the p*ssies at the SEC actually take action against the company and CEO who told them to fellate him on Twitter...
This EV bubble is extremely reminiscent of the 2018 MJ bubble around the Canada legalization. It will move into a sell the news mode sooner than later IMO.
Careful on IDEX for more than a trade, CEO is very shady and still hasn't answered a lot of questions.
$NIO short more $15.04..whole EV sector is going to tank this month.