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08-19-2024, 06:41 AM | #14041 |
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Looking at longing shares of CELH here.
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08-19-2024, 06:49 AM | #14042 |
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08-19-2024, 07:02 AM | #14043 |
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Q2 performance wasn't great and I think that coupled with panic selling. They continue to gain market share, however. Once growth catches up, the valuation should fall in line.
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08-19-2024, 07:21 AM | #14044 |
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Anecdotally, I see the shit everywhere. Market is crowded but they seem to have a critical mass.
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08-20-2024, 06:40 PM | #14045 |
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They got Pepsi distribution a few years back by giving up equity. I thought they'd be bought out completely by now. That chart looks like a rollercoaster ride drop. Looks like they poisoned a shit ton of ppl
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08-22-2024, 06:03 AM |
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08-22-2024, 10:31 AM | #14046 |
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Bought AIRI right before opening expecting it to take off. Volume kind of dwindled and price was coming back down so sold half for a 5% gain and the other half for a 2% gain. A few minutes after dumping it, it took off. Ooops.
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08-22-2024, 12:20 PM |
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08-23-2024, 04:31 PM | #14047 |
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He made 2 to 5 percent, so that's still a win. Kind of.
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08-23-2024, 04:32 PM | #14048 |
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Epic day today. I love days like today. It worked out well because I had a nearly unprecedented credit card bill this month, and I was still able to easily gain in net worth.
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08-24-2024, 04:02 PM |
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09-03-2024, 10:44 AM | #14049 |
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Lots of red today. What's happening?
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09-03-2024, 10:50 AM | #14050 |
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It seems like the market massively overreacts to every bit of news that points toward a slowdown.
I saw an article today where some random investment banker said, "This is a data-driven market right now," and I agree. Every day produces some random report that's a small part of the big picture, and every day the market acts like that random report is a revelation of the future.
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09-03-2024, 12:57 PM | #14051 | |
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Quote:
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09-03-2024, 06:47 PM |
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09-03-2024, 08:48 PM | #14052 |
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Recession fears, rate cuts coming and job data that seems non-believable. When NVDA get crushed, so do other stocks/indexes.
Could see an actual needed correction this month.
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09-03-2024, 09:01 PM | #14053 | |
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How much of that reaction comes from the algorithms? I'm no expert but at this point I think the algorithms start the big selloffs. They'll pick up a headline and boom!
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09-03-2024, 09:36 PM | #14054 |
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That's my theory, too. I think a lot of it is automated.
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09-04-2024, 05:21 AM | #14055 | |
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Quote:
Even in the old world of brokers, you could put on stops, and a little price movement triggers your stops, then the next guys and the next guys, and a small movement gets exacerbated. Old futures traders still talk about "running stops". I think "trading algorithms" that move any volume have gotten more refined. But I could be wrong there. |
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