Hey Nerds: Blockchain

[Preston]

I realize I have way too much Terrascend now.

I disagree!

 

[CH1]

I disagree!

I still have too much and I love it

 

[CH1]

market needs an enema

 

[CH1]

I also have too much TRUL, and I love that too.

 

[Preston]

I also have too much TRUL, and I love that too.

Blue sky breakouts >>>>


If the GTII chart wasn't already hilariously overbought with a sizzling hot RSI on the daily, I would have been all over it on the "laggard" as it has been one of the slower movers of the big names in the past couple weeks (probably has a lot to do with it moving by far the most out of any MSO since March, but whatever). But anyway, this is how I miss out sometimes. I think it'll still pop. It was once my 2nd largest pot stock holding and now Terrascend has passed it and Curaleaf is basically tied! Need to rebalance soon!!!

 

[LeafOfFaith]

At the first sign of good news, the market could fall hard.

 

[LeafOfFaith]

Whoa, fastly! What’s going on there?

 

[CH1]

Whoa, fastly! What’s going on there?

post earnings dump.... even though earnings were great; sell the news happens. that also hit my INSG and ROKU today (at least I lightened up on those yesterday)

 

[LeafOfFaith]

Did they happen to elaborate on what their business is during the earnings call?

 

[CH1]

ATVI up solidly today...always confusing

 

[Preston]

Okay. I need to get back to stonks. I'm having too much fun riling up zeke. Terrascend isnt up a billion percent anymore. Gosh darnit!

 

[LeafOfFaith]

ATVI up solidly today...always confusing

It’s just back to where it was pre-earnings.

So I guess all the great news was already fully priced in.

 

[LeafOfFaith]

Meanwhile, Apple needs no news! Why bother when some of it could be bad? These guys are way ahead of the curve.

 

[CH1]

I don't think Apple has been this expensive on a price/earnings ratio in a decade or so....people piling in as if it's a no brainer buy at these levels.

Great company, no doubt. I'm happy to have banked coin shorting it this week counter trend, but I frankly expected more profit taking.

 

[LeafOfFaith]

If you can be the house, why bet against it?

 

[LeafOfFaith]

And is a PE of 33 a lot? I think it might have just been incredibly under bought for years.

 

[Preston]

Because

 

[Preston]

But I do agree with you. I think the market can realistically price in a lot more on Apple. I hate spreading bear porn when I'm generally fairly perma bullish, for good reason.

 

[LeafOfFaith]

Because

View attachment 6764

depending on your position, you could flip those pictures around.

 

[Preston]

Cronos down a cool 17% after their catastrophically unimpressive earnings (really, what did you expect?). Will keep an eye on them. Might be a better buy than MSOs soon, at least for a short-term flip.