I’m praying for a 1 for 10 split. Give it a year and it’ll be back up to 800-1000 again. Why? Because fuck why.
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Investing General Discussion
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Sanrith Descartes
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The cult of Musk. It just is. I wouldn't mind my token share turning in to 10 token shares.
Kiroy
Marine Biologist
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i'd like to buy stock in the drone video production company that made this video
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Big Phoenix
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Furry
WoW Office
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He's trying to take control of that trash heap? Shoulda just opened his own company.
Aldarion
Egg Nazi
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Oil falling back below $100 was one of the most ridiculous things I've seen since I started watching the market. I don't see that it takes any news for it to go back up, just traders remembering what they apparently forgot over the past week or two.
Gravel
Mr. Poopybutthole
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I don't get why it can't be that the sudden jump up above $100 isn't the reactionary part, and dropping back down is the market being rational?
"Oh shit, war with Russia!" and oil prices get a massive shock, and then they realize that eh, this is just more of the same global panic and maybe the jump didn't really make sense.
Sanrith Descartes
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Sanrith Descartes
Veteran of a thousand threadban wars
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He has the ability through his online influence and cult following to make money hand over fist just buy saying "hey I bought XYZ".
Sanrith Descartes
Veteran of a thousand threadban wars
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DWAC not liking the Musk play. How much you want to bet he shorted DWAC before he bought TWTR?
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Sanrith Descartes
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Aldarion
Egg Nazi
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Because the news that prompted the rise was long term and remains in place, while the news that prompted the drop was specifically short term.
Imo of course, who knows. Just explaining the reason for my comment
Sanrith Descartes
Veteran of a thousand threadban wars
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Good chance we saw last week the impacts on fund rebalancing and now that the new quarter is with us the stocks are acting without that influence.
Sanrith Descartes
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QQQ pushing up into the convergence of the 100/200 - DMA and long term resistance. If it can make it and hold it there are clear skies ahead. The problem now is the funds are continuously selling the rips for profits here. Until they get burned I expect us to play around in this zone a while.
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Zog
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Sanrith Descartes
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Borzak
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Watching a few minutes of CNBC this morning which I never do someone was saying people wanted twitter to be a safe space and he should hire Dorsey to get it back in shape lol. Didn't know who it was but kind of lost interest in anything he had to say.