Sometimes I wonder, why bother working and just watch stocks or a craps table all day... lol. Anyways, teefarm in a separate thread mentioned about a Snowflake IPO offering. Just because it is a cloud service, I'm sure it will pop early on, but the big question is: what makes them so different from DropBox ? (Right now, DropBox just reported their first quarterly profit ever in a long time, and their stock is well, nothing really worth mentioning..)
Meanwhile, a lot of biotechs getting hammered today.. yikes. (although TGTX has rebounded nicely the past week or so):
I dunno about you, but that INO train looks like it's on its last wheels. Not looking good when the value of this stock has dropped about 70% of its peak in less than 6 months. Same with XSPA; huge drops as well. Whoever is holding on to them, good luck!
Meanwhile, can you believe it? The ponzi scheme TSLA is finally dropping 10%+ in a few days.. unthinkable! Maybe because Elon was smart and raised another $5 billion off a bunch of gulliable investors by diluting its own stock. Buy buy buy! (and hope that the SEC continues to be run by the Trump admin, who has turned a blind eye to his fraudulent shenanigans because he is a huge Trump backer). After all, if TSLA looks like a lock to be the next Toyota or GM 5 years from now, how come it costs so dang much to buy a long term put on TSLA? Simple - because a lot of people think like I do: TSLA's financials and Elon's promises are mainly smoke and mirrors, but for some reason people are more fanatic about him than even the most biased Apple fanboy. (Disclaimer: I want nothing to do with TSLA, be it short or long.)