I’m not interested in whether anyone loses or makes money. If people lie it’s of no concern to me. It doesn’t add or subtract a penny from me. I’d be more interested in real time or ahead of time entry points and potential exit points like I mention at times.
I told everyone to buy GEV at $160 a few months ago. That was a good one. :)
And you pounded the table on ZETA. No one could have predicted the short seller report.
Great buy the dip opportunity. Already heading upwards again (since the short report was total crap).
I read the report - it wasn’t total crap. And Zeta seemed to acknowledge some of the unfavorable facts were true but claimed it was an insignificant percentage of their business. With that said, I’m not suggesting the whole report is legit. Now the short seller report on OKLO which did nothing but cause a dip for 2 hours before it started ripping 20% higher in the next couple of days was total crap.
It was littered with massive mistakes, which were probably deliberate to the temporarily crash the stock for their own gain. Just a reverse pump and dump scheme that should be investigated by the SEC and DOJ.
I agree those short seller criminals should be investigated. And they issued the report right after earnings because they realized it was do or die based on strong quarter and the stock was just gonna go higher. Thats why I bought a bunch of shares. But, Zeta seemed to acknowledge some contractual gymnastics albeit on a minor scale relative to their entire business. That’s what spooked me although it was my stop loss that got me out.
Seems to be going up on no legit company news (which normally means meme activity). The meme'ers haven't been able to match the glory days of GME or AMC, so meme pumps have recently been quick up and quick down.
Think they have a new auditor and are going to release earnings soon.
Yes, they announced a new auditor last week and a plan to stay listed. Small caps new ATH! Go Tom Lee.
The markets have changed and everything is more correlated. It’s still wise to diversify but the allocation should be more direct and smaller allocation.
2008 everything went down but my international investments lost a lot more and didn’t recover as quickly.
Exactly - I just don’t see the need to ever go back to international funds unless the U.S. market declines - which at this point means the international markets would be an even bigger mess.
I agree with this... Vanguard in particular, who I use, way overweights International in their target date funds and their recommendations. I try to stick to about 10% of international equity total...
F international! As the saying goes:
I’ll bet on the U.S. every time - there will be 2008s and COVID declines, but people will seek safe haven assets which do not include international markets IMO. And then you blink and everyone rushes right back into the U.S. market.
Good point on the international exposure via US companies doing tons of business overseas. I think I only have 3-4% exposure to ex-US companies and that's through actively managed funds. I don't own any international funds or ETFs except for a small amount of EPI (Wisdom Tree's India ETF).
The level of corruption and fraud in the world, even corporate America, is scary.
Agree with your premise but won’t say it’s scary. It just is…tale as old as time.
I meant scary in terms of the magnitude. The deeper one gets into the bowels of a Fortune 500 company you find out how executives game their own system.
Regarding accounting.
I hear you. Supply chain with BS contracts also huge source of fraud.
This^.
Just a thought.....I don't have enough BTC! :)
I’ve been day trading OKLO and SMR with a high degree of success. Also bought NLR (nuke and uranium ETF) about a month ago. I think this space will continue to pop.
