|Day Low/High||184.11 / 191.72|
|52 Wk Low/High||9.01 / 483.00|
There's a lesson in here, somewhere, although I am not yet quite sure what it is.
ADMA Biologics and Organogenesis Holdings recently issued preliminary year-end 2020 results that were encouraging.
* The root cause of today's overvalued market are the world's central bankers - 'they are forever blowing bubbles.' * It is my view that we are in the biggest bubble in history (in $ terms) - and I am sounding an alarm. * Bubbles rarely resolve them...
Let's not kid ourselves that there is any longer some kind of relationship between price and value. Or fact and truth.
Will the small traders be able to sustain the momentum in the other areas that they target?
While everyone else is looking at GameStop, let's look under the hood of the market.
Many have been incorrectly dismissive of the broader investment ramifications of the recent and wanton speculation in gewgaws of all shapes.
It's been an entertaining drama, but also a major distraction for the broader market.
Apropos to my tiny personal short on : Kate's Dad @KASDad Replying to @DougKass @realmoney Old goats (I mean it in a kind fashion from 1 to another) have the right to break their own rules, if they meet two conditions: They acknowledge it to themsel...
My thoughts here are to use a scaling in approach by taking a small piece now, then looking to add on a breakout.
The daily charts are showing some risk.
What's most important about this market is understanding which themes are driving the action.
What if the Redditors are actually hedge fundies?
For kicks and giggles I have shorted 100 little shares of personally this morning - right after the opening between $380- $390/share As you are all aware, this trade is totally contrary to my basic short selling tenets. But, after spending a few ho...
Chinese authorities expect 60% less travel over the Lunar New Year this year compared with pre-Covid times.
The war between small traders and hedge funds is unsettling the market, but there are other potential disruptors lurking, too.
One of the scary stories deals with what could happen if there was coordinated gaming of the U.S. dollar.
The short-squeeze drama is captivating the market right now.
Now, here's what I see for volatility, sentiment and complacency.
My Ludacris -- ludicrous -- forecast is that either Citadel or JPMorgan takes over Robinhood and pays off their trading losses.
While I promised not to discuss ideology with regard to Reddit, Robinhood and the retail investors' trading platforms ... I highly suspect that the bulk of buying was large funds, watching the private boards and then piling on. Robinhood is toast, i...
Silver has had a reputation as a market that can be easily manipulated.
Leverage is a very, very, dangerous drug.
Small traders are flexing their collective muscle to take on the Wall Street establishment, and it appears they're eyeing silver next.
* Peak speculation? * GME joins the parthenon of speculation previously reserved for Resorts International, Piggly Wiggly, and Volkswagen * We are likely getting close as grotesque speculation often presages a Bear Market * Intelligent and disciplin...
Regardless of whether you are long, short, or indifferent to GameStop, don't be greedy. Don't ignore risk.