Hey Nerds: Blockchain

[Preston]

Awesome fucking day. Awesome.

 

[CH1]

NAZ making new lows AH. Damn that TSLA split marked the top just like QCOM 20 years ago.

 

[GEEMAN]

A dude on BNN said Tesla may drop to $19 by next year , holy shite

 

[Preston]

Never change, tesla bears. Never change.

 

[GEEMAN]

Never change, tesla bears. Never change.

What do you predict in a year

 

[Preston]

I don't predict. I play the odds. And $19 is heavily against the odds. For that reason I'm out.

 

[LeafOfFaith]

$19 means that it would drop from $2,500 presplit to $100 presplit. Tough to see that happening, although it's already down to $1,650 presplit. (Even though it was down to $179 when it hit the lows in March).

 

[LeafOfFaith]

As if the last few days weren’t bad enough, Slack crushed in AH on its earnings. Damn

 

[CH1]

That stock can go on roids from time to time. I'm excited to follow it.

VFF used to be a mover but that was when Canada Cannabis was the hot investment. I expect more of a grind now. Price targets came out this am: Raymond James at $20 CDN, Stifel at $17. But pre-open trading is not looking that promising.

 

[Preston]

VFF used to be a mover but that was when Canada Cannabis was the hot investment. I expect more of a grind now. Price targets came out this am: Raymond James at $20 CDN, Stifel at $17. But pre-open trading is not looking that promising.

In fairness they did dilute to make the acquisition. From my eyes it doesn't really impress me at all but I won't pretend to be an expert on EMH or VFF. But the price targets are encouraging and tbh I'd probably trust them a bit more than my own analysis. Unsexy company overall in a horse shit market but they may be leaders in that horse shit market. Cheap stock too at the moment.

 

[CH1]

another day where my ES trading plan already transpired overnight....I was hoping for slippage to 3290 level this am, where I would buy a bounce, but that business happened while I was roasting red peppers yesterday evening --- the bounce has been strong (70 points to 3360)

now, back to no man's land.

 

[Preston]

Seeing weak bounces on SPY and the Nazzy daq. Will be interesting to see if it fades leading to the open.

 

[CH1]

In fairness they did dilute to make the acquisition. From my eyes it doesn't really impress me at all but I won't pretend to be an expert on EMH or VFF. But the price targets are encouraging and tbh I'd probably trust them a bit more than my own analysis. Unsexy company overall in a horse shit market but they may be leaders in that horse shit market. Cheap stock too at the moment.

Yeah, I was just looking for a 50c pop on this trading portion. Was worth a shot.

 

[Preston]

while I was processing red peppers yesterday evening

Fixed your post.

 

[CH1]

those peppers turned out amazing but not good enough to make up for a thousand or two in unrealized profits

tl;dr you think you're saving money by cooking your own food; not always the case

 

[Preston]

Yeah but eating out = eating trash. Is it really worth eating that processed garbage? No excuse me while I eat some fresh unprocessed Jane's chicken fingers.

 

[CH1]

went long ROKU (with calls) at 163.50...stop is tight 162.90

 

[Preston]

Scaled out on my Thumb again since I was still overweight at 18.10. Filled a 26.93 order on Trulieve. Back to my cores and happy about it. Well worth it in the end. Wheeeeeeeeeeeeeee

 

[CH1]

took the small L in ROKU

 

[Preston]

Feels good to see my folio balance with a STRONG uptick despite these MJ names being sideways the last two days. I did something right!

But anyway... Cores are still smaller than the norm. I want to see confirmation of a trend change on the broad market before I get back to where I once was. The bounce may look good, but it's pretty weak relatively speaking. Need to see more.