Gotta love Musk…Tesla’s Shanghai plant closes due to COVID lockdown and next tweet is that Tesla is going to “ask” shareholders for stock split dividend at next shareholder meeting. What other company tweets about potential shareholder action?
OT: Stock and Investment Talk
- Thread starter RU-05
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I read that almost half 473,000 of Tesla total car sales of 936,000 were in China. What happens when the US continues to reduce trade between the countries? It would make sense for China to cut Tesla sales in China. Plenty of Chinese EV companies to offset any reduced Tesla sales.
Tesla over $1,000 again.
Watched that documentary last night. Citadel (and Big Bank market makers) were all outed as routinely supporting "naked short selling," i.e. allowing the selling of shares that do not exist. The takeaway: the system is rigged to benefit the controllers of the market. And that's what powered this whole GME episode, wherein millennial day traders organized an effort to screw the big boys on Wall Street. Citadel claims they no longer allow naked short selling.
Adam Aron thinks he’s Elon Musk. Coming on CNBC this morning to tell the world he’s looking for more “transformational” deals now that his movie theater chain made $27.9M investment in gold and silver miner.
Lots of folks at Citadel should be in jail right now. Years and years of illegal market manipulation.
Definitely worth the watch but not a very deep dive. The Anti-Social Network book and forthcoming movie does a better job.
May have gone unnoticed to some, but I find it hilarious that they highlighted prominently the Pennies Going in Raw podcast. They are a notorious Twitter pump and dump crew that will end up in jail long before anyone from Citadel.
Like I say over and over again, the SEC is by far the most corrupt and/or incompetent regulatory agency. The worst part is it seems like they simply don’t care. Otherwise, they would be on CNBC condemning certain actions and market players similar to politicians pushing through agendas publicly. When was the last time the SEC did anything of substance or magnitude? Madoff?
The most amazing thing about the Madoff saga.....but the SEC never made this simple call to check on the trades (which didn't exist):
Mentioned this multiple times above and why I generally stay in the space I'm comfortable in and how it's very important to be real with yourself and your risk tolerances and knowledge base.
www.cnbc.com
Regulators are worried that retail traders are getting in over their heads
Regulators are looking to erect more "guardrails" to protect investors against making stupid choices.
Wall Street pays off everyone including the SEC. No different than the carried interest nonsense. How those billionaires have managed to keep the carried interest loophole open is exhibit A.
Clearly it drowned out the China news. It’s not like the shareholder vote is taking place today so it’s no coincidence.
What SEC staffing shortages mean for enforcement
‘I don’t know how much more we can squeeze out of our program without sacrificing quality,’ said Peter Driscoll, director of the SEC’s Office of Compliance Inspections and Examinations, addressing staffing shortages at the regulatory agency.
citywireusa.com
IRS and SEC have been laying off employees the last couple of years. You want no interference or interruption from the government until you need them. It probably almost impossible to convict people on some of the scams.
I want the government to stop interfering with FB, AMZN, MSFT, APPL and GOOG.
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If the battle with China continue the next few years, I can see Tesla going down with China interference. Hard to make up 50% of your sales in the US.
Doesn't seem to be on anyone mind until it happens.
What SEC staffing shortages mean for enforcement
‘I don’t know how much more we can squeeze out of our program without sacrificing quality,’ said Peter Driscoll, director of the SEC’s Office of Compliance Inspections and Examinations, addressing staffing shortages at the regulatory agency.
IRS and SEC have been laying off employees the last couple of years. You want no interference or interruption from the government until you need them. It probably almost impossible to convict people on some of the scams.
I want the government to stop interfering with FB, AMZN, MSFT, APPL and GOOG.
The SEC is understaffed and it’s hard to keep good people because they can make much more money in the private sector. Here is a summary of last years enforcement actions. Of course, they are also involved with many securities related matters besides enforcement (‘33 Act, ‘34 Act, ‘40 Act etc.). I had many occasions to interact with the SEC over the years and while I saw some incompetence, I never sensed any outright corruption.
AMZN looks like it going to the next level. Cramer said the bear market is over .
These analysts are basically split 50/50 on recession vs. new highs coming. I think investors are pushing Amazon because there aren’t many other places to hide out and same investors likely already own AAPL.
I don't understand the recession fear. The economy, job market, and wage growth are just too good. So unless Putin starts shooting off nukes or COVID-20 hits, the market should progress upwards (but likely with continued volatility due to uncertainly around inflation and the Fed).
Been increasing my tech stocks this morning after hearing Cramer comment, Read several articles mentioning AMZN being best stock as well as FB.Let's do this!
Only if you bought AMC. Stop playing with crumbs. YOLO 🚀🚀🚀🚀
Check out the Cramer Inverse ETF:
Inverse Cramer ETF
All of Cramer's trade recommendations in one place so you can do the opposite. Don't get stuck holding the bag, inverse Jimmy.
inverse-cramer.beehiiv.com
I believe Goldman Sachs also mentioned the market was moving upward. I waited to see AMZN break the 3,300 level. I make my decisions base on my gut feelings. I missed the 2008 crash and the 2020 March crash. Cramer also called the 2008 crash the week before the crash. He’s about 60/40 correct but I notice his investing suggestions, I was already doing. I guess I’m lucky.Check out the Cramer Inverse ETF:
Inverse Cramer ETF
All of Cramer's trade recommendations in one place so you can do the opposite. Don't get stuck holding the bag, inverse Jimmy.
Stocks are going up because earnings coming out in 2-3 weeks.
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Chicken salad on ryeCheck out the Cramer Inverse ETF:
Inverse Cramer ETF
All of Cramer's trade recommendations in one place so you can do the opposite. Don't get stuck holding the bag, inverse Jimmy.
I think you are too far removed from lower/middle class. There are towns offering bus service to and from grocery stores to help save gas money. For me, that seems ridiculous figuring that a bus ride isn’t worth saving $10 in gas. But for many, saving $10 means something. People are also buying more no-name brands to save money. For me, I buy the brands I like. The real economy aren’t the people investing in TQQQ.
HA! HA! That's awesome. Great stuff.Check out the Cramer Inverse ETF:
Inverse Cramer ETF
All of Cramer's trade recommendations in one place so you can do the opposite. Don't get stuck holding the bag, inverse Jimmy.
Has to be a glitch with google, no one else showing it
F’in Citadel pricks:
seekingalpha.com
Shopify $100/share price spike earlier this month said to be probed by NYSE (NYSE:SHOP)
Shopify (SHOP) unusual $100 stock price spike near the close of trading on March 18 is said to be be under investigation by the NYSE. Shopify stock soared $100/share to $780 on March...
seekingalpha.com
Most hedge funds are run by criminals like Citadel.F’in Citadel pricks:
Shopify $100/share price spike earlier this month said to be probed by NYSE (NYSE:SHOP)
Shopify (SHOP) unusual $100 stock price spike near the close of trading on March 18 is said to be be under investigation by the NYSE. Shopify stock soared $100/share to $780 on March...
Most hedge funds underperform the S&P 500. People think that more money can buy better performance. Not necessarily true.
MEGA +1
Most hedge funds are a scam. Over 4,000 have gone belly up in the past 5 years. Over 10,000 in the past decade. And this is during one of the best bull markets in history. LOL!
Axios eNewsletter this morning highlights falling commercial building occupancy rates, the lowest levels since the Great Recession of 2007-2008. Payment defaults increasing, as well as non-renewal of leases. REITs fans beware?
Where will the money that will no longer go to commercial real estate go?
And if up to 30% plus who can work from home do so will there be a decrease in consumer spending that our economy can handle?
This was inevitable and it’s surprising that given the WFH trends we haven’t heard more about commercial real estate problems. And it goes beyond just the REITs = many towns rely heavily on local corporate taxes as part of their budgets. Once those companies move out there are massive budget shortfalls. Then you have NYC which could look more like Gotham City in 10 years if there is not a meaningful return to work.
From the eNewsletter:
- Data from Kastle Systems, measuring foot traffic into offices, shows vacancies of 60% in major markets.
Per your question re: a drop in consumer spending, those support retail businesses in or around commercial buildings (eateries and sundries, for example) will definitely feel the pinch. But displaced office staff now working from home will still likely consume goods and services to a large degree, just not thru those former channels in and around their former commercial offices.
