Went short on $Coinbase Global, Inc.(COIN)$ . They have been in the spotlight for all the wrong reasons , and might fall a bit further due too the SEC investigating them. And then we have Bank shares...... Not many believes in First Republic Bank anymore, but I do think if they can survive the next few weeks, and get some of the old depositors too put some money back into the bank again it could be interesting to see where the share price gets going. They have strong institutional ownership that don't want to see them fail, and then create a domino effect taking other banks with them. So far my belief in the First Republic Bank has not been very successful, but I am still k
$Beyond Meat, Inc.(BYND)$ At this price level it's worth a gamble. Looks like we are getting close to the bottom for now. There is potential for a couple of catalysts that could send this back up both in short , and possibly long term. Anyone else buying up at this level ?
$Tesla Motors(TSLA)$ Taking the profits now is a safe option unless you are in for the long term. The stock can be pretty volatile at times. I would dip my feet into the stock again, but be prepared for a loss taking my chances on the potential for a end of week rally. Always look too see if the potential winnings are worth the risk. Have a profitable day everyone.
T$Tesla Motors(TSLA)$ They have had a tremendous run this month. It is still room to go higher, but this week could be very volatile with end of the quarters report due, and inflation still to high for the Reserve Banks liking. Shares could break through the 450 mark or head back towards the 420 USD this week. I got a short position this week that I watch closely prepared for big swings. If you in the stock for the long run you should be fine, but if you holding for the short term be careful. And remember going short opens the possibility of Unlimited losses.
【Voting Post】$Carvana Co.(CVNA)$ Well this took off just as I predicted. I have followed this stock from like 375 dollars, down too 3.75. A lot of investors got burnt on this stock including seasoned financial institutions. I personally think they can survive and thrive again. They current Ceo lost 99 percent of his fortune on this, so he would definitely like to avoid bankruptcy. He has gone all in. This could be interesting to watch. https://globalrisk.fund/2022/12/27/any-buyers-carvana/
https://globalrisk.fund/2023/03/19/first-republic-bank-set-for-a-rally-with-rumours-buffett-is-getting-behind-a-rescue $First Republic Bank(FRC)$ I am going long ,and buying up more shares. Anything under 20$ is a bargain for what I see as a solid bank with a great customer base . Happy trading fellow Tigers !
https://globalrisk.fund/2023/03/19/first-republic-bank-set-for-a-rally-with-rumours-buffett-is-getting-behind-a-rescue/ $First Republic Bank(FRC)$ Have a good future after the 30 billion deposit from the bigger banks. It has a loyal customer base that would rather stay with them as long as they believe the deposits they have with them is secure. The US government needs to increase the depositor guarantee amount from 250 K too an amount that would calm the customers of the Us banking system. I am bullish ,and have invested accordingly.
I think this will go past 430 USD in the next few days. The rally has a big momentum, and a lot of shortcallers are getting squezzed now potentially sending the price even higher. Robotaxi have a lot going for it. If they can get it to the next level quickly and efficiently. It's going to be another interesting week . A lot is also weighing on the Feds cutting interest rates this week. It's already getting priced into the market for a cut of 0.25 percent. Let's get some popcorn and watch the rally ! 😀 ( Not investment advice )
$Beyond Meat, Inc.(BYND)$ Next 24 hours could be interesting. There is quite a lot of interest on the 1.50 call options expiring this week. Will we see a big volume and a churn past that price again ? I have stocked up on shares and are still going long ..... But this is not financial advice. I have also started to spread my risk further into ETFs that provide a more diversified approach into consumer staples, and companies that provide regular dividends. Wish me luck ! 🙂✋
The Big Vouchers disappeared fast. Do we settle for the smaller one , or hope to get a big voucher next Monday ? What will you spend the voucher on ? I might go for another Carvana purchase, but maybe play it a bit safer with $Pimco Total Return ETF(BOND)$ . This could be a year if trying to preserve capital, more than making a fortune.
So many people try to get rich quickly by trading shares and forex. But why does so many loose all the money then, and even end up in debt Do we trade to much on emotions, and get greedy and fearful ? This video clip I found quite informative about trading and some of the pitfalls. And the trader only got one screen behind him ! https://globalrisk.fund/2021/07/11/why-do-90-percent-loose-money-on-online-trading/
$First Republic Bank(FRC)$ My trade in all this was to go short with limited success, and taking a calculated chance on that First Republic Bank will stabilise with some help of the bigger financial players. They are worth more than 20 dollars a share in my humble opinion. Next day or so could be interesting 🤔
I choose $Carvana Co.(CVNA)$ for my swing trade. They have been heavily shorted, and would benefit the most from a slowing inflation rate, and a possible increase in car prices if production of new cars slows down with a new wave of Covid .
End of the year. Everyone wants a Xmas bonus. Big companies will buy back some shares to lift the value of they're businesses. Executives on Wall Street would like to make sure they don't miss out on bonuses. Inflation is slowly easing. Companies like Tesla is starting to look like a bargain buy again. Yes , we will see a Xmas rally ! Hopefully Santa got the memo too !
NEUROBO ANNOUNCED CLOSING OF $32.3 MILLION UNDERWRITTEN PUBLIC OFFERING INCLUDING FULL EXERCISE OF OVERALLOTMENT OPTION AND CONCURRENT PRIVATE PLACEMENT ! It had a wild ride yesterday. Up around 40 percent in pretrading before crashing down faster than a 🚀 failure. Then after the market closed it shot up again. Today looks like it will be another wild rollercoaster 🎢 ride. So I am holding to my shares, and see were it takes me....$NeuroBo Pharmaceuticals, Inc.(NRBO)
When trading becomes a passion, it's time to step back a little.Lust for money becomes your main goal.You end up trading for the dopamine hit more than trying to make money. Investing should be slightly boring for me . If I get my emotions and feelings involved I tend to not make a good return. I used my Tiger account for my risky dopamine fuelled trades, and yes my Savings account had a better return in the long run. This year I am looking to do smaller, and more boring investments on Tiger Trade. Let's see how that will work. Happy Investing everyone . And yes that's me , in Las Vegas at the Binion Gambling Hall learning about all the deadly sins in investing.
$NASDAQ(.IXIC)$It was a wild ride this morning.We all expected a 0.75 hike, but not many expected such a hawkish press conference. Inflation needs to be brought under control. But if we end up with a recession instead, that's not good either. I prefer too see this moment as a chance to buy into the tech markets with discounts. Like a Xmas sale if you like. I made a little profit going short, but it's a dangerous game. Time to go long for the long haul. What tech stock is the most undervalued right now ?
$Beyond Meat, Inc.(BYND)$ With a beefy flavor and high smoke point due to avocado oil, the latest Beyond Burger caramelizes and sizzles to perfection. But will the share price do the same ? They are working hard on new partnerships including the latest being Hard Rock Cafe chains in North America. They have bought themselves some time with the debt restructering. Stock have been heavily shorted with the delay of reporting the latest quarter pressuring the price down even more. But here is the thing . This could be the rock bottom unless the last quarter was really really bad. They have improved products and marketing. They have the ability to scale up production. Combination of another short squeeze , and improved outlook could