Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
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Not that I disagree with your technicals, whatever they are they're better than anything I could do, but aren't the fundamentals on Draftkings bad? Correct me if I'm wrong, I very well could be, but isn't their business model based heavily on the NFL and College Football fantasy leagues? My own read on both of those institutions is they are in for a rough future. The combination of wokeness pervading these 2 orgs which pisses off roughly 50% of the country, the concussion BS, and the horrible quality of the product on the field, wouldn't a business like Draftkings be caught in this downturn as well?
Or am I not seeing something or just misjudging the situation?
Big Phoenix
Pronouns: zie/zhem/zer
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Mist
REEEEeyore
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It's incredibly innovative. Everyone is talking about a multiverse but Roblox is by far the closest to having actually built one.
Blazin
Creative Title
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It's a trade not a hold. Buying only on the technical set up for a bounce , it's a falling knife trade and those can be dangerous. It's a boredom trade, I'd put the chance of making 10% in the next two months on this as "unlikely" but this is the 4th time the stock has moved in this range of lows in high 30s and bounce to mid 50s. It is highly over sold on the daily and is extended quite a ways from it 20 day avg
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Big Phoenix
Pronouns: zie/zhem/zer
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So its like second life but monetized? Even big studios with multiple products that are heavily monetized are smaller like EA and Activision.
Mist
REEEEeyore
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Let me Bing that for you:
It's like if Second Life and Minecraft had a baby, and that baby had a user-friendly interface that allowed 9 year olds design entire game worlds that interconnected with other game worlds. They have more than 10x the revenue that SL ever had at its height, and their revenue is growing unbelievably fast.
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Blazin
Creative Title
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I own a sizable position in IWM I believe it is breaking out and the current decline is a test of that breakout. So next week or so pretty important that it stay above 230 or if it dips below that it recovers quickly, otherwise we fall back into the consolidation boxBlazin whats your read on IWM? Looks like its oversold and has been consolidating at the 220-230 level for quite awhile
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Big Phoenix
Pronouns: zie/zhem/zer
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Saw this post on Gab:
gab.com
What do we think? Good analysis or harebrained reddit level take?
Great Reset Slater on Gab: '@James_Dixon @TrevorGoodchild @stoa1012 @Deplorab…'
Great Reset Slater on Gab: '@James_Dixon @TrevorGoodchild @stoa1012 @DeplorableGreg @Penguin @RoyalMajestyOfWhiteness “The BTC universe outlook mirrors what we see in the equity indices -- short term travails, but we will have an honest-to-goodness Santa Claus rally thereafter.” Well...
Ok try this on for size, GOP may have demanded Powell be ousted to offer up the handful of votes in the house to pass the 1.1T infrastructure bill. Supposedly he’s gone and the dumbfucks think they can work with Brainard who will carry out the same policies of Powell. Sigh. This isn’t confirmed but that’s what I’m hearing.
That means MMT is a go, that means 5-10T annual deficits, runaway inflation, the great reset delivered ahead of schedule and over budget.
Market is supposedly heading down Wednesday and into Thursday AM and maybe Tuesday although futures are up right now.
!!! Many analysts are predicting a top of channel retraction late week on monthly option expiration date but it is a almost a sure bet they are wrong and we go up significantly because the market is driven by options and Friday we go ‘delta neutral’ in a positive direction. The more people are short into week end the more it will go up because shorts have to cover !!!
I hate to say it but the year end top blow off is probably on. Think S&P 4900 by year end maybe even 5100. I’ll see how it goes come Thursday and Friday and contemplate this some more. I had three conversations with very well connected people in the investment field this afternoon and I was given 3 reasons for this move. The only one whose bearish is the European hedge fund trader. Michael Burry even gave up looking for the next big short. Fuck…
But frankly if you see a dip this week especially Wednesday PM, fucking buy it. If I see any signs of a significant pull back I’ll ring the alarm bells.
What do we think? Good analysis or harebrained reddit level take?
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Mist
REEEEeyore
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I see it as the exact opposite. Opening up players to create and manage their own worlds within larger metaverses is the future of online gaming/MMOs at the very least. Games like Roblox, Rust and Valheim are a glimpse of the future.
Indyocracy
Stock Pals Participant
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I don't want to sell MTTR, but I like selling covered callsWhy sell MTTR? This is a
karma
Molten Core Raider
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NVDA ER from ToS:
NVIDIA (NASDAQ:NVDA) reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $1.10 by 6.36 percent. This is a 60.27 percent increase over earnings of $0.73 per share from the same period last year. The company reported quarterly sales of $7.10 billion which beat the analyst consensus estimate of $6.83 billion by 3.95 percent. This is a 50.23 percent increase over sales of $4.73 billion the same period last year.
NVIDIA (NASDAQ:NVDA) reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $1.10 by 6.36 percent. This is a 60.27 percent increase over earnings of $0.73 per share from the same period last year. The company reported quarterly sales of $7.10 billion which beat the analyst consensus estimate of $6.83 billion by 3.95 percent. This is a 50.23 percent increase over sales of $4.73 billion the same period last year.
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LachiusTZ
Rogue Deathwalker Box
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