do i think this is way high for upstart in the interim? yes. do i think it can go much higher? yes.Technically it is overbought but no real resistance made up so wouldn’t be shocked for this to continue. short interest is UP to 40% not down from short covering. the more it pushes up the more margin calls should be happen but assuming people keep liquidating position to avoid margin calls.until short interest begins falling i would assume we drift upwards despite fundamentals. Fundamental picture is getting better but a 300% move is extreme.Happily holding my last 500 shares but i started with far far more and i’m just on the ride for now. shorts are honestly just screwing themselves by running into a crowded doorway $Upstart Holdings, Inc.(UPST)$
Have patience .. before August earnings release this will hit $50 and then towards $60. Fundamentals are very strong, analysts confirm this is an undervalued stock .. but now and hold .. great entry point following today uptick after 1 week of some downward movement.Massive move ahead here. Buy with conviction.Last warning for clowns looking to short for crumbs or get in lower. Bottom in. $JD.com(JD)$
JPM, CITI, and Wells have almost recovered, with their stock prices reaching about 5-10% below last year's highs. Meanwhile, BAC has faced significant challenges, struggling to comprehend Fed Stress test results, and delaying both dividend payments and the provision of buyback guidance. Additionally, despite these issues, the CEO's annual compensation amounts to a staggering $36 million. Unfortunately, the board of directors has taken no action, leaving shareholders in a disadvantageous position. $Bank of America(BAC)$
BAC was opening accounts without permission. You'd think after WFC got caught, and fined, it would stop.No doubt JPM, C, and HSBC are still doing it also. Fines arent enough. People, need to be jailed. Many people. Everyone who approved the illegal behaviour. And like what happened to WFC, executive bonuses need to be clawed back. Any money shareholders made, all executive bonuses, should all be given to BAC customers. One day you'll realize corporate america has turned their back on you, and you'll stop helping them do bad things. You watch, and see if BAC agrees to give to a liberal cause, the fine will be substantially reduced. Its called blackmail, and the threat of punishing lawsuits and regulation. Ask BAC and JPM what happened after Schumer threatened the banks, and caused the worst
Intel is training a chatGPT competitor, called Aurora GenAI, that has 1 trillion parameters.Thats about 5.7 times bigger than ChatGPT.They are doing this using the new Aurora supercomputer.It wil be an opensource model trained on purely scientific texts/documents and code. It is aimed at helping scientific research.(The aurora supercomputer has 63 477 intel max GPU's and 21 248 Intel Xeon (sapphire rapids) CPUs.They plan to complete these models by 2024 $Intel(INTC)$
Zhihu is an "open forum" that hides a lot of professional content, but it is covered by traffic and a lot of garbage. In order to create traffic, Zhihu even uses the form of "making up stories". It has to be said that paying for valuable content is still not as profitable as vulgar traffic. $Zhihu(ZH)$
The long interest in Tesla largely ignores the HUGE opportunity they are cultivating with Tesla Power which represents $ billions in near term profitable growth and has scant organized competition. The load-leveling power storage capabilities may well be the cheapest alternative to crumbling energy infrastructure. $Tesla Motors(TSLA)$
That’s a decent amount of money for a tentpole that’s aimed at older audiences, but “Indiana Jones 5,” one of the most expensive movies ever, cost $295 million before marketing. It’ll take a heroic feat, one that would test even an enduring legend like Indiana Jones, for the fifth installment in the decades-old franchise to become profitable in its theatrical run. $Walt Disney(DIS)$
I honestly think about that every day I watch this stock move. The manipulation and related party transactions make it hard to determine how much the son can cut expenses by not laundering money to his fathers shell entities. But how can they ever be profitable with over 8 billion in debt, declining sales, a worthless overpriced inventory and bad management. They can not. So you just have to ride out the squeeze. As a percentage, it appears huge, but it really can be covered in one good trading day. $Carvana Co.(CVNA)$
The unwarranted drop after a decent earnings report last week was a gift! I immediately jumped in and bought 5000 stocks at $2.85. the competition for customers is cutthroat which has put pressure on prices. This will change as time goes on( prices will go up) and with the company focused on breaking even this year and profitability there after, investors will be rewarded so hold on to your gems! $Grab Holdings(GRAB)$