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Re: pettypenny post# 2829

Saturday, 04/30/2022 3:56:36 PM

Saturday, April 30, 2022 3:56:36 PM

Post# of 2964
I believe they are still cash positive . They did 4 to 5
Acquisitions with abt 120 cash and they had raised some
Money with notes . Anyway the 120 mil was not all used
Up . Total was abt 40 . They lost money last
Quarter but I don’t believe it was 80 mil . Most likely
3 to 5 mil . I don’t have the time to do the math.
Anyway let’s just pay attention to the whole markets.
Grwg is not alone just the first to sellofff.
Look at fubo . 51 down to 4 . Very very fast growth rate .
AGFY 35 down to 3$ back went from 100 million to
800million. Hahhah insane !! Upst 400 to 74 $ . One day Growth will trump The Dow stocks soon .
Good news is the bottom is near . After Friday the heavy selling
Is even closer. No reason to buy . Investor are not taking a position bc all charts are broken . I mean all . Grwg Ual upst all
Had good bids on Friday and failed . If this occurs again
We are in trouble again. I thought we would get 8 to 10 strait days of selling but Monday went up and confused the markets .
Now the 10 percent from Thursday’s closes is back in play .
Monday I predict will get ugly , this will signal to the fed he is wrong here And a buyers strike will voice to the fed not to be aggressive or
To be really aggressive and get ahead of inflation.
It’s not totally clear to me yet , thats why I’m back to thinking
We get the flush . It’s a battle between Confidence and money
On the side lines and very very cheap stocks . I say my confidence is drained and beat up .
I have been long and short in this market . I been hoping for
A flush bc we need it . One big clue is when you see
Gme tsla amc dwac go down big means their diamond are
Forced to sell. AMC 10. Gme 60 tsla 600. It may not go that
Far but I seen flushes before and it’s not pretty .
When it happens computer and trading platform shut down
Due to heavy selling at once . Servers can’t handle the volume . Robinhood will be the first to shutdown. Next margin call selling at 10 . Whipsawing markets . Oh you seen nothing yet .
Vixx at or passed 50.

Let’s talk about the mechanics of the markets when
The markets are So volatile the trading house generate
More margin calls . It starts off with 5 days to pay it back
Then they reduce down to 4 days then to 3 days and sometimes 2 days as the markets have Consecutive days
Of selling off. This forces people to sell and if you don’t sell
The computer will sell it for you at 10:30 to 11 am .
Notice everyday 10 am is a selloff to 1130 to 12 am .
Only once we did not selloff in the last 2 months .
These are margin calls and let’s add in panic Europe .
Remember they have more money but they have more scared
Money for some reason . Maybe bc Americans are bigger gamblers ?. Next the 401 come in the mail starts another
Sell frenzy . Next the Daytraders that are retired panic .
Remember we have more then ever before . They are truly
The weak hand . They can cause a market to crash along with
Europe and young daytraders .

Be nibble , be quick.
So far inflation is slowing but so is the buyers.
My wisher and bet now are for the flush Monday
Tuesday and Wednesday turn around .
The reason to buy bc if the markets go higher
They will retest and that’s when to buy .
Grwg may see 4 $ sad but possible .
Mq may see 6 and upst 60 to 50 .
Fb 150 aapl 125 .
Last weeks 3 selloff has everyone attention .
3 percent and nasdaq 4 percent moves .
Something is wrong and deadly wrong .
Maybe it’s the way people believe in this government .
Shutting down a pipelines makes no sense without
Bridging the gap even tho I love EV . Shutting down
My state made no sense either . This causes inbalances
All over the places. So now the government needs to raise
Interest rates to reign it in . This makes no sense either
Even tho I believe Powell will raise only twice . Then slow the pace. This will sooner or later be the Consensus .
I say 30 to 60 days bc inflation and gdp will start to come down to negative
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