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Well said, I think this market is lulling a lot of us to sleep at times like the siren call, even with experience. Everything is running 1,000% thank to the Robinhooders and Fed and that begins to become the expectation, even though we know, 19 out of 20 years, stocks do not trade at all like this.
I shorted $MOGU and closed AH lol..I'm still trying to figure out what popped this one? US Ban on TikToK?
Pretty incredible truly..it appears momentum for natural gas is finally shifting. Shale is staying shut in and oil prices are topping out. Hot weather is pushing through.
FWIW, TVIX is now trading on OTC Pink as TVIXF and has continued to track NAV well since delisting. No real concerns here once delist hits.
Same, it brings mental clarity. I took a $5,000 loss on Friday, then flipped for +$3,000 today and yesterday to bring me down to only a $2,000 loss now. But I feel like even those flips would have been missed had I not regained clarity by taking a loss to some extent.
FWIW, big block buys on UGAZ AH, could mean another up day tomorrow. GLTA
$UGAZ
$NIO $13.40 setting up to be the next great EV Short. patience here
I sold a good chunk yesterday and today. I think natural gas could go higher but $6.75 to $13 is hard not to take some off
When you look at USPS comments on how long it will take to analyze the bids, they implied around 3 months from due date.
$12s today?
$12.11 at close AH there..yeehaww
What is dead may never die
$UGAZ
Yep, Workhorse without their partner..who will build the bodies?
USPS not going to make any decisions until fall. So not sure why everyone was getting so pumped about the 7/14 deadline.
$WKHS $16.30 AH..still short, will take some profit under $15..Tomorrow could get ugly at this pace.
$16.15 AH..looks like the sellers weren't done. Man if the EV sector pulls back tomorrow, this thing could be in the $12s
These things pump and dump so randomly..they have to be watched closer, in both directions, than almost anything I've traded this year..I almost blew up my account on shorting UONEK that one day it ran $3 to $8 lol.
Nice, I shorted $CARV, but here at $10.20..it can't hold gains, but $UONE still runs on air, tempted to take a dip.
"Black out" EVent tomorrow driving these tickers..
https://www.complex.com/life/blackout-day-2020-boycott-explainer
Crazy how all the BLM (BYFC, CARV, UONE, UONEK) run Pre-market and AH but not during hours lol
This is the first day I've seen the sell volume so heavy.
Lol savage
That DGAZ premium is just shocking..
If there were such a development for UGAZ, I'd say it could partially come on the back of non-weather related sentiment such as that Buffett acquisition of Dominion..Either way, looking great here..may need a little pullback and consolidation before more up, but $2 sure seems on target..
Here is a question, with Credit Suisse no longer engaging in contract purchases and share issuance to pin NAV, what happens when it comes time to roll into future month contracts if UGAZ is still trading?
VIX sniffs out the move once again
Shot..chaser
Fair enough. It’s the $1.5 B market cap that’s problematic.
OT: Agree. I think the SEC is on the trail. But even if not, they will need to do another high volume offering soon for cash flow.
Yes sorry I didn’t reply your PM. I do think you’re correctly loaded with the puts here. I’m equity short Tesla with no confidence. That thing is an Enron level pump job.
Buy support put into place. This is just the teaser. Watch what happens when EV sector pulls back this week
And with no partner, how will they produce the bodies? Notice how the other 3 bidders are partnered with someone for design, internal and body.
Yep. USPS contracts likely won’t be decided until October. Do they even have cash flow to make it that long? Convertibles starting to pile up
Ya I’ve been doing that. But even my keep some piece, I end up selling at some point because I can’t fathom it going higher. I just have never seen anything like this besides maybe OTC mania like 2014. People that think this is a normal trading year are in for an ugly 2021
Anddd I sold too early. Wow I’m so premature on these sells, it’s like a teenager touching his first boob
Not a great sigh when this is tanking with all other EV plays sky rocketing
$AYRO..you nailed it
Awesome move from $6.75. Congrats to all
$UGAZ
Natural Gas $1.79 +3.2% lets hope this holds into tomorrow
$UGAZ
$WKHS partner for the USPS bidding process pulled out at the end of last year..that doesn't seem strange to anyone?
NOAA forecasts looking like above normal hot through almost the entire country.
$UGAZ
Agreed. I originally shorted just because of the chart. This other stuff I’m just posting so others don’t get trapped
$IDEX..this could cause problems Monday.
After extensive additional research we have just sent a letter to the board, executive team, and auditors of $IDEX outlining 24 sets of questions and concerns.
— Hindenburg Research (@HindenburgRes) July 3, 2020
We look forward to their response.
Sure, theoretically. It could also indicate there is a substantial correction coming. Guess we will see
$WKHS $21 may be the sweetest short of the year. Hoping they gap up Monday