Investing General Discussion

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,212
119,076
Just looking at what you posted for numbers vs mine. Yours are all over the map from correct to completely inaccurate. Perhaps use more trusted sources than Twitter.

Mine are from my paid "Trade the News" wire service.
We poor folks gotta make due with what we got.
 
  • 2Like
  • 1Solidarity
  • 1Thoughts & Prayers
Reactions: 3 users

Daidraco

Golden Baronet of the Realm
9,999
10,299
That was a nice quick play on Intel. Bought it at 21.60 and popped out this morning at 22.95 before it started going back down. No where near you guys with hundreds of thousands of dollars in stocks, but a gain like that in a single day was nice (from a novice in stocks point of view). Thanks Jysin Jysin for bringing it to our attention.
 
  • 2Like
Reactions: 1 users

Blazin

Creative Title
<Nazi Janitors>
6,910
36,006
AMZN at the 200 wall , despite Sanrith's lies my 210 calls are not yet under threat. I went with 210 because I felt any move above 200 would have some follow through, ie it's not going to sit at 204 etc. Bigly win for me since buying this summer
 
  • 2Solidarity
  • 1Worf
Reactions: 2 users

Blazin

Creative Title
<Nazi Janitors>
6,910
36,006
1730488072119.png


 
  • 3Worf
Reactions: 2 users

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
10,995
57,847

I just saw a Seeking Alpha article about them a few days ago too. "Definitely heading to ~$90!" was the gist of it. Based on their evaluation of their books and what-not. They said there was a risk with this reporting fiasco, but that was minimal (kek), and that earnings report coming up soon is always a risk but was likely to be a positive.

Since then, they're down about 45%. oof.gif


BUT! Does that mean they're on sale!? "When there's blood in the street, buy! even if it's yours!" Right? I mean, if the sentiment for this fiasco doesn't stick, then the earnings + the financials analysis of SA must be proven correct, right?

Jokes and memes aside, I think that's an interesting question for the thread. But I don't think I'll touch SMCI regardless of what anyone here says about it.
 

Blazin

Creative Title
<Nazi Janitors>
6,910
36,006
I just saw a Seeking Alpha article about them a few days ago too. "Definitely heading to ~$90!" was the gist of it. Based on their evaluation of their books and what-not. They said there was a risk with this reporting fiasco, but that was minimal (kek), and that earnings report coming up soon is always a risk but was likely to be a positive.

Since then, they're down about 45%. oof.gif


BUT! Does that mean they're on sale!? "When there's blood in the street, buy! even if it's yours!" Right? I mean, if the sentiment for this fiasco doesn't stick, then the earnings + the financials analysis of SA must be proven correct, right?

Jokes and memes aside, I think that's an interesting question for the thread. But I don't think I'll touch SMCI regardless of what anyone here says about it.
It's a giant don't touch. It's on the path to be delisted. Gamblers won't be able to help themselves, but at some point there will be people sitting there with .90 cent shares wondering wtf just happened. It's extremely rare for an accounting firm to make such an aggressive statement, where there is smoke there is fire. THey could right the ship but why put your money at that kind of risk
 
  • 3Like
  • 1Solidarity
  • 1Mother of God
Reactions: 4 users

Kithani

Blackwing Lair Raider
1,242
1,562
It's a giant don't touch. It's on the path to be delisted. Gamblers won't be able to help themselves, but at some point there will be people sitting there with .90 cent shares wondering wtf just happened. It's extremely rare for an accounting firm to make such an aggressive statement, where there is smoke there is fire. THey could right the ship but why put your money at that kind of risk
Sounds like time to short short short!
 

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,212
119,076
Closed out my PLTR calls for a small loss. The plan was to close out before earnings on a pullback but it never really materialized. <shrug> shit happens. I'm not looking to gamble holding through earnings tonight.
 

Rangoth

Blackwing Lair Raider
1,716
1,859
Sanrith Descartes Sanrith Descartes I was reading an article about how they blew out earnings on something like 9 of the last 12 calls. I never got on the PLTR boat, but the general consensus seems positive still, correct?
 
  • 1Like
Reactions: 1 user