wimpy
wimpy
Joins free webinars to learn US stock market strategies.
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avatarwimpy
10-30
$Trump Media & Technology(DJT)$ I’m all in on shorting DJT at around $39, and I'm ready with some margin in case it spikes to $100. Honestly, I just don't see any real business behind it, so I fully believe it’s headed to zero. That feels like a solid bet to me! I think Kamala Harris has a strong chance of winning, which could really shake things up for DJT. But hey, I could be wrong—nothing’s ever guaranteed in this game. I’ve decided to go for a 200-share short position and plan to hold it long-term. I’m pretty confident it’ll drop below $1 eventually.
avatarwimpy
2023-06-29

RIVN - Bullish Pitchfork

$Rivian Automotive, Inc.(RIVN)$ - Bullish PitchforkBased on recent price action, RIVN appears to be showing signs of a potential bullish trend. Although there was a minor pullback, it could present an attractive opportunity for investors to enter the market. The stock has been displaying consistent upward movement, indicating positive market sentiment and potential for further gains. It's worth noting that the overall market conditions and external factors can impact stock prices, so investors should exercise caution and conduct thorough research before making any investment decisions.Source: tradingview
RIVN - Bullish Pitchfork
avatarwimpy
2023-03-17

Sea Limited: Swapping Unsustainable Growth For Profitability

Sea Limited: Swapping Unsustainable Growth For Profitabilityfotokostic/iStock via Getty ImagesGrowth At All Cost Is No Longer A Viable Investment ThesisFor FY2022, $Sea Ltd(SE)$ (NYSE:SE) unprofitable, with -13.3% in net income margins and-$2.96 in EPS. However, it was apparent that themanagement had been determined to achieve profitability, due to the drastic improvement during FQ4'22.The company has competently cut out -$0.71B of fats from its operating expenses QoQ by the latest quarter, comprising -$542M in SG&A expenses and -$176M in R&D expenses. This suggests a massive reduction by -39.6% and -41.9% QoQ, respectively. Otherwise, by -45.1%/ -$678M and -14.6%/ -$42M YoY, respectively.Combined with the massive improvements in its COGS an
Sea Limited: Swapping Unsustainable Growth For Profitability
avatarwimpy
2023-01-03
According to Korean sources, posted by SamMobile today, Samsung semiconductor division expects 50% drop in 2023 profits.Start of quoteSamsung’s Device Solutions (DS) division, which operates Samsung Foundry, System LSI, and Memory Division, is expecting its operating profit in 2023 to be around KRW 13.1 trillion, reports South Korean publication The Elec. Reportedly, the figure was shared by the company in a note sent to its employees on Wednesday. If the prediction turns out to be true, Samsung’s annual operating profit from the semiconductor business in 2023 will be half of what analysts predict it to be in this year, which is around KRW 26 trillion. The significant drop in the operating profit will be a direct result of the ongoing down cycle in the chip industry.End of quoteStaying pro
avatarwimpy
2022-12-28
At present, China is suffering from typical deflation, credit contraction in the whole society, income decline, and extreme pessimism about the future. JD Taobao doesn't work, and Pinduoduo and Tiktok Group Buying are rising because they are cheap. Houses, cars and mobile phones can't be sold, so real estate stocks, Tesla and Xiaomi Apple, Intel and TSMC are all plummeting. The bull market allows story telling and pie drawing, while the bear market will definitely look at the performance until the stock price matches the performance.$Pinduoduo Inc.(PDD)$
avatarwimpy
2023-03-01
$Carvana Co.(CVNA)$ LOL love hearing those short come on and tell us all how the company is gone, you betcha. Going to get more and more expensive to cover as the masses drive this up and up.Enjoy the ride and watch em squeal.
avatarwimpy
2023-03-28

Deutsche Bank AG to 21 Euro

Deutsche Bank AG to 21 EuroLONGMar 21:Despite the chaos with Credit Suisse European banks in General are printing some excellent setups. What is the reason for this? No idea.On the above 2-month chart:1) A strong buy signal (not shown) prints with price action breakout from resistance that has been active since 2007.2) Regularbullish divergence. No less than eight oscillators this time. Four to five oscillators printing on this time frame is incredibly powerful but eight?!3)Inverse head and shoulderspattern. Confirmation is price action closing above 10.50 and staying there or above for a week or two. On confirmation a target of 21euroshould be expected.4) The yellow line is the 21/2-monthEMA. Notice the first attempt to hold as support has failed? (Orangearrow). This was the first at
Deutsche Bank AG to 21 Euro
avatarwimpy
2022-12-01
This is in response to Crazy Horse post below about being careful with Chinese stocks regarding delisting on the US Exchange. I agree with crazy horse on 99% of chinese stocks, however, this one is very different. They have a ton of cash, have government approval to build a plant, are maintaining the emission requirements, and they have a very competent management team. I hope my intuitions are good. If anything, since earnings the stock is up almost 40%. Once the covid lock up eases in China this will fly. I'm not sure how they sell or distribute their product but if they currently deliver to people being locked up, sales might be good assuming they are selling to the middle class.$RLX Technology(RLX)$
avatarwimpy
2022-11-15
The selling today smells of Altimeter. They know what the results are, to be reported on the 16th. And certainly need to raise a little cash, with the losses in Snowflake, msft, cflt, uber, and meta piling up. At least meta is helping a little today. I will never understand why he got out of Uber at a loss, and then went back in to lose more.But with the Grab spac fees, he will never have to eat cat food, I'm guessing.$Grab Holdings(GRAB)$
avatarwimpy
2022-12-01
INTC layoffs should be viewed positive to cost structures although regretful to those on receiving end. Believe mkt sceptic it signals loss of tech edge, demand and share at datacenter/enterprise level. High end enterprise is critical to profitability. Margins thin at client/PC level. CEO righting the ship but many holes left to plug.$Intel(INTC)$
avatarwimpy
2023-03-17

Unity Software: Fact Versus Fiction, Know What You Own

Unity Software: Fact Versus Fiction, Know What You OwnUrupongInvestment Thesis$Unity Software Inc.(U)$ (NYSE:U) has guided investors to $1 billion of EBITDA by 2024. What does this actually mean in practical terms?InQ4 2022, Unity's bought back $1.5 billion worth of stock at $35. With the share pricedown more than 20% since the buyback was completed, is Unity Software Inc. stock now undervalued?From multiple angles, I recommend that investors avoid this name.What's Happened In The Past Year?Before we go further, I believe that it's important to remind readers of my position on U over the past year.Author rating on UWhy has the stock been such a challenging investment? Back in 2022, the main impact on its business came from Apple's (AAPL) change on it
Unity Software: Fact Versus Fiction, Know What You Own
avatarwimpy
2023-01-06
NFLX is the all D lister films and a few hits. $Para, Hulu, Peacok, $AMZN or $DIS will slowly pick apart Netflix. It took Disney only 3 years to catch Netflix. It is evident in the subscriber numbers dropping and revenue flat lining and turning negative, oh and the 2,000 empolyees they laid off in 8 months$Netflix(NFLX)$
avatarwimpy
2023-03-01

What a promising thing it is

$NIO Inc.(NIO)$ NIO longs know what they own. Were not looking for fast dimes we want the BIG dollars, this company is worth, The SP does not reflect the value, Its a disconnect. So I dont give a rats nut what a chart says I care what that business would cost to compete with. NIO would cost you $120 Billion and eight years. NIO is the real deal, a dominator.Price has been artificially suppressed for wayyyyyyyyy too long.
What a promising thing it is
avatarwimpy
2023-01-10
this is the first time I've actually seen gains in my account after averaging down a lot. I know we're gonna see a big reversal after today's gains. If ffie is able to jump 13%+ when the entire market is flying, imaging when they start producing the cars and meeting customer / investors expectations. This is insanely undervalued. Get in while it's not too late.$Faraday Future Intelligent Electric Inc.(FFIE)$
avatarwimpy
2023-01-05
XPeng call volume above normal and directionally bullishTHE FLY 10:25 AM ET 1/4/2023Symbol Last Price Change XPEV 11.22 +1.04 (+10.2161%) QUOTES AS OF 10:25:32 AM ET 01/04/2023Bullish option flow detected in XPeng(XPEV) with 24,486 calls trading, 1.4x expected, and implied vol increasing over 1 point to 100.71%. 1/6 weekly 11 calls and Jan-24 55 calls are the most active options, with total volume in those strikes near 9,300 contracts. The Put/Call Ratio is 0.38. Earnings are expected on March 28th.$XPeng Inc.(XPEV)$
avatarwimpy
2023-02-28

HSI potential for bullish continuation

Looking at the H4 chart, my overall bias for$Hang Seng Index - Feb 2023(HSI2302)$ Bullishdue to the current price being above theIchimoku cloud, indicating abullishmarket.Looking for a pullback buy entry at 19926.48, where the overlap support and 78.6% Fibonacci line is. Stop loss will be at 18660.47, where the overlap resistance and 23.7% Fibonacci line is. Take profit will be at 22700.85, where the recent high is.Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment
HSI potential for bullish continuation
avatarwimpy
2022-11-23
So Peg/Loose-it. You thought you can actually abuse the report system by getting rid of me? Oh I think it's the other way around. How many people have lost so much money because of you trying to draw them in with your multiple usernames. And you don't even care that these people have lost literally their entire investments as long as you get what you want. Pretty heartless$Lucid Group Inc(LCID)$
avatarwimpy
2023-03-06
$Novavax(NVAX)$ Most people went short after the CEO’s indictment lol. A lot of people went short on $NVAX after realizing their pipeline was garbage and they were so late to the COVID vaccine party, they should have never bothered to make the trip. 🤣🤣🤣 Indictments and a lack of product are always a good reason to go short.
avatarwimpy
2022-11-16
very interesting day. From being up 8% to being down 3.8% on significant volume the day before earnings. Not sure if this is good or bad news. It is after hours in China and they report tomorrow morning at 7am eastern during an investor call. Hopefully they are shaking it up today to allow their cronies to get in before the good news. Let's hope.$RLX Technology(RLX)$
avatarwimpy
2023-03-13

Amazon Seeing Success With Traditional Method At Key Time In Industry

Amazon Seeing Success With Traditional Method At Key Time In IndustryFrazer Harrison/Getty Images EntertainmentWhile streaming has landed some punches in the battle for entertainment supremacy, the traditional model is not going down without a fight. In fact, last week the old-school method found itself supported by an unlikely alley – a streamer.$Amazon.com(AMZN)$ (NASDAQ:AMZN), which has found success as one of the leaders in streaming with its Prime Video service, has consistently gone against the grain in its methods to win customers. In many ways they were leading the charge in the opposite direction of $Netflix(NFLX)$ (NFLX), before $Walt Disney(DIS)$ (DIS),
Amazon Seeing Success With Traditional Method At Key Time In Industry

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