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Mar 15 2023 04:23pm
Quote (Bazi @ Mar 15 2023 05:18pm)
Rivian

I will open a sizable position I think tomorrow

A quality built EV, priced for failure


I’ve been looking into this one. Main competition would be Ford’s F150 lightning, which are more affordable at base model.

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Mar 15 2023 06:17pm
If oil keeps dropping I may become an oil baron.

Also heard someone on cnbc say indexes are going to 2009 levels. That would be interesting...
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Mar 16 2023 10:25am
Quote (obisent @ Mar 15 2023 05:23pm)
I’ve been looking into this one. Main competition would be Ford’s F150 lightning, which are more affordable at base model.


Picked that up

And rolling the dice with First republic bank

$22 , got to 20

Feel like this going to 0 or a mean reversion and mean reversion is like 4-5x up
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Mar 16 2023 12:01pm
Quote (Bazi @ Mar 16 2023 04:25pm)
Picked that up

And rolling the dice with First republic bank

$22 , got to 20

Feel like this going to 0 or a mean reversion and mean reversion is like 4-5x up


All of Rivian's senior management has left. Big red flag.

Insiders sold $12m of stock in First Republic bank in the 2 months preceding the collapse in share price. Many depositors have pulled out already and the big banks are circling like vultures looking to buy them on the cheap. Could go either way but unless you're ITK it's just pure gambling.

/e even if they survive this, the reputational damage, coupled with the depositors that have fled and the scale of unrealised losses make it highly unlikely they'll just go back to where they were

This post was edited by dro94 on Mar 16 2023 12:03pm
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Mar 16 2023 12:15pm
Quote (dro94 @ Mar 16 2023 01:01pm)
All of Rivian's senior management has left. Big red flag.

Insiders sold $12m of stock in First Republic bank in the 2 months preceding the collapse in share price. Many depositors have pulled out already and the big banks are circling like vultures looking to buy them on the cheap. Could go either way but unless you're ITK it's just pure gambling.

/e even if they survive this, the reputational damage, coupled with the depositors that have fled and the scale of unrealised losses make it highly unlikely they'll just go back to where they were


yeah I’m talking about a trade not a long term investment. Like roku and other stocks I’m pretty sure will go to zero, it usually isn’t a straight line down

It working out so far , much faster than I thought it would lol

70% in 4 hours
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Mar 16 2023 02:19pm
Quote (Bazi @ Mar 16 2023 11:15am)
yeah I’m talking about a trade not a long term investment. Like roku and other stocks I’m pretty sure will go to zero, it usually isn’t a straight line down

It working out so far , much faster than I thought it would lol

70% in 4 hours


Must be nice to have the big banks backing you up and not wanting you to fail.


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Mar 17 2023 02:50am
Quote (Bazi @ Mar 16 2023 11:15am)
yeah I’m talking about a trade not a long term investment. Like roku and other stocks I’m pretty sure will go to zero, it usually isn’t a straight line down

It working out so far , much faster than I thought it would lol

70% in 4 hours



Smart swing trade
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Mar 17 2023 08:11am
Quote (Pharaohmon @ Mar 17 2023 03:50am)
Smart swing trade


Nah I didn’t sell cuz I’m a fucker so lost most of the gains

Will hold this for a bit tho and see where this goes
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Mar 17 2023 08:33am
Quote (Bazi @ Mar 17 2023 08:11am)
Nah I didn’t sell cuz I’m a fucker so lost most of the gains

Will hold this for a bit tho and see where this goes


You have to put sell orders in you think you're gonna start questioning yourself. Anyone should be happy taking 50% in a day. IF on the odd chance I engage in a swing trade I determine what I would be happy with ahead of time , put that in , because I know if I wont, and I see that line going up, ill tell myself to just hold a little longer.

If you're going to engage in high risk you must have already determined what you would need in return to do such a thing.

This post was edited by SBD on Mar 17 2023 08:34am
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Mar 17 2023 08:41am
years of trading and still can't make things right

tss tss..

meanwhile, americans banks having to hedge themselves with btc : priceless

ty pump
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