This exactly tracks. Thanks for link.
Yeah, the ehrmehgherd teh sherplerfters shtick has always felt like bullshit. I am glad someone finally looked into it.
Yeah Chris Hayes did a good segment on it a little while back. It’s just a bunch of bullshit to distract from weaker earnings, mainly.
See also:
The CNN story quotes these guys:
The National Retail Federation said that retailers’ losses, known as shrink, increased 19% last year to $112 billion, based on a survey of 177 retailers.
Peter absolutely goes to town on them in the IBCK ep, they’re a bunch of clowns and somehow the media reports what they say like it’s serious.
The stonking is on this week
Weapons manufacturers are just printing money.
If you remove the Magnificent 7, the S&P 500 is actually down for the ytd.
Happy investing!
Tingo earnings are 8:00 Tuesday. I’m expecting more fake numbers that will pump the stonk, at which point I’ll re-short if possible. I’ll even buy a few shares before then, which I didn’t think of until typing this post. I often forget that the Buy button isn’t just for covering shorts!
I for one am excited about GRINDR numbers and BJ numbers
inflation reporting low. stonks stonking
BIDENOMICS
I’m exiting a bunch of stuff today lol.
My big brain FPS has awoken the SEC:
the public interest and the protection of investors require a suspension in the trading of the securities of Tingo Group, Inc
Halted since 4am, <24hr after I bought. My plan was to sell almost immediately after earnings (released at 7am). Given the miss, I probably woulda had to sell for a loss, maybe 15% or so, but now it appears I’m locked into -100% lol. There go my previous gains from shorting it.
Final closing price $0.69. Legends!
NUUUUUUUUUUUUUUUUU
This is the top leg of my long call butterfly spread from last month that expires next Friday. I was totally expecting this to expire worthless, now it might even hit the break-even price of $9.60 (probably not but still somehow profitable as it only cost $0.10 at purchase).
Unfortunately, I sold the low-end $7.50 call too soon and left a LOT of money on the table
NU calls and NU in general just keeps printing money. Up way way way over 100% YTD. I reckon our boay Mr. Buffet knew what he was doing when he bought all those shares last year or whenever it
was. This is now my favorite stock.
YTD performance:
Earnings out after close today, I expect it will keep rising but I dunno, feels like some profit-taking has to be in order soon.
Now it’s all cash-secured puts on PLTR until Santa comes