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    Friday, February 26, 2021

    Home Unlabelled Stock Market - Don't want to spam r/StockMarket with GME I'd like to contain that in the relevant subreddits but I do think that this info should be widely known. Thank you

    Stock Market - Don't want to spam r/StockMarket with GME I'd like to contain that in the relevant subreddits but I do think that this info should be widely known. Thank you

    February 26, 2021

    Stock Market - Don't want to spam r/StockMarket with GME I'd like to contain that in the relevant subreddits but I do think that this info should be widely known. Thank you

    Don't want to spam r/StockMarket with GME I'd like to contain that in the relevant subreddits but I do think that this info should be widely known. Thank you

    Posted: 26 Feb 2021 11:16 AM PST

    Cool painting by u/therdai

    Posted: 26 Feb 2021 09:01 AM PST

    What to check before buying stock!

    Posted: 26 Feb 2021 07:41 AM PST

    A couple cognitive biases to be aware of in investing

    Posted: 26 Feb 2021 11:56 AM PST

    There are a bunch of cognitive biases worth knowing about for investing. Here are two I've seen a lot of recently:

    1) Anchoring and adjusting: Do you think the number of countries in Africa is greater or less than 30? Ok, next question: without googling, exactly how many do you think there are?

    Here's a trick: if I had instead said, "Do you think the number is greater or less than 70," and then asked you to make a guess, you would have made a higher guess. That's because we "anchor" on numbers we hear and then try to adjust, but we often adjust insufficiently. So when you anchor on 30, you adjust upwards a bit, maybe to 40. But if you hear 70, you anchor on that and adjust down a bit, maybe to 60. (The answer is 54.)

    How does this impact investing? Let's a stock is trading high, and then drops suddenly. I commonly see comments saying "this price is a steal, buy the discount." Maybe, but not necessarily. Just because you're anchored at a high price, it doesn't mean the new one is a steal. Maybe it was in a hype bubble and it's still inflated based on hype.

    Similarly, watch out with price targets. If someone predicts a stock will be $100 eoy, be cautious of thinking "even if things don't go that well, $80 would still be good." You might be adjusting insufficiently...do they actually have a good reason for that prediction? Maybe this sounds obvious, but it's really easy for anchors to impact decisions. People will even anchor on totally irrelevant numbers, like seeing a wheel of fortune device pointing to the number "70" before being asked about the number of countries in Africa.

    2) Pattern-detection: Humans are notorious for seeing cause and effect in random noise. When there is short-term stock movement, people invoke all kinds of explanations ("markets went down because investors were worried about ____") and sometimes make decisions based on them. But often, this will be explaining noise.

    Relatedly: Because we're bad at perceiving noise and emergent patterns, we often mis-perceive intentional agents to make sense of the world, believing that we are seeing the outcomes of someone's deliberate actions. I've seen a LOT of this recently--claims that a stock is being manipulated when the price goes down. There are patterns that just emerge in the market from lots of people making decisions at the same time. Things happen. Inferring intentions where there are none can give rise to conspiracy theory thinking, and thinking about stocks in terms of intentions more than assets can promote bubbles.

    submitted by /u/HeftyButton
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    Not sure what shade of RED will describe better the status of my stocks this week !

    Posted: 26 Feb 2021 05:42 AM PST

    I think I found working stock trading system

    Posted: 26 Feb 2021 12:32 PM PST

    Hello guys,

    I am a Finance PhD student, and I found a very interesting trading system that can correctly predict stock movement around earnings announcements. I backtested the idea and it works very well with the average return per trade being 3%. The system picks stocks with about 80% correctness.

    I am thinking of not publishing the idea but start investing with the system with a plan to open my hedge fund in the future.

    I will be publishing my picks in this subreddit and hopefully, I can get some feedback.

    I will not edit any of my posts to keep myself accountable. Hence, if you find some grammatical errors in my post please be a little lenient about them.

    My first recommendation: Buy today (2.26.2021) TGT (Target Corporation) before close and keep it until Monday (3.1.2021) close. If the stock does not go up on Monday, you need to keep it until the next day after the announcement (3.3.2021) and sell before close that day.

    I do not expect that you invest in this stock based on my first recommendation. Moreover, I do not recommend doing it. But I suggest adding my recommendation to your calendar and see what happens. Probably after about a month when I will have about 20-30 posts you can make your judgment about correctness of my system

    I will be publishing my new recommendations as soon as my system picks a new one.

    submitted by /u/Dna7272
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    Illegal Naked Short Selling - From Conspiracy Theorists to Mainstream Media [by FAR the BEST overview on the matter]

    Posted: 26 Feb 2021 04:50 PM PST

    Hi Team,

    As stated in the headline, Naked Short selling and Short selling in general have been a popular topic of discussion and getting a ton of media coverage since the GME squeeze. "They" claim this was caused by WSB retailers, but anyone who has been following/exposing the practice of naked short selling, the broken settlement system, FTD's, etc. will say with much certainty that that is not the whole story - not by a longshot.

    I've been following the topic of (illegal) naked short selling and stock market manipulation since learning about it through media coverage of Patrick Byrne's battle against Wall St while he was CEO of Overstock.com/

    Since many people are now interested in this topic - I thought I would share one of my go-to blog posts on the subject that I send to people newly interested in the markets, or that have recently been red-pilled by something "fishy" going on in the trading of one of their favourite names.

    This isn't a short read - but it is well worth the time. I have read dozens of times over the years. If anyone would like additional articles and informative videos on the matter please let me know in the comments and I will post.

    Here it is: Credit to SmithOnStocks - A true legend in my eyes

    https://smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/

    ***(this is only like the first 15% of the article as it is too long to post here. If interested you will need to visit the blog using the link provided above and at the bottom of this post)***

    Enjoy.

    Illegal Naked Short Selling Appears to Lie at the Heart of an Extensive Stock Manipulation Scheme

    POSTED by LARRY SMITH on JUN 16, 2015 • (14)

    Investment Consequences of Naked Shorting

    Only a motivated enforcement agency with subpoena power and an accompanying powerful enforcement infrastructure can prove that naked shorting is at the heart of an extensive stock manipulation scheme. However, I believe that the observational evidence is overwhelming that naked shorting practices are widely used to manipulate the stock prices of emerging biotechnology companies as well as many other small and large companies. Unfortunately, naked shorting is an investment variable that investors must understand if they are going to make investments in the emerging biotechnology space in particular and the equity markets in general.

    Investors may decide that they just won't invest in companies that are most subject to naked shorting, but this would eliminate many small emerging growth stocks with exciting potential. For those like me who are attracted by potentially breakthrough technologies, you will inevitably get caught up in a manipulation that leads to a suddenly plunging stock price of a company in which you are invested. Invariably the scheme starts with and is perpetuated by a flurry of blogs, tweets and message board comments which proclaim that the technology is worthless; management is a band of liars and thieves; and people with a positive view on the Company are being paid by the Company. Then come the lawsuits against the Company and management by the usual group of class action law firms. Each year this scenario is played out hundreds of times.

    This carefully scripted and long used manipulation scheme by short selling hedge funds is all meant to shake and then break investors' confidence. The result is usually a painful, steady, day by day erosion of the stock price due to naked shorting practices. Stocks can be cut in half by naked shorting on the basis of little or no change in fundamentals. If you are going to invest in this area, you must decide when this occurs whether you believe strongly in the Company and can ride out the storm or want to cut and run. However, sometimes it happens so rapidly that the latter is not an option. On the positive side, these manipulations can often lead to some excellent investment opportunities if the fundamentals remain intact, investor confidence returns and the shorts are forced to cover.

    The Rationale forInvesting in Small Emerging Biotechnology Companies; Is It Worth It?

    I worked for many years on Wall Street as an analyst covering large pharmaceutical and biotechnology companies and rarely dealt with small companies which I arbitrarily define as having market capitalizations under $1billion. From my experience with these large companies, I came to believe that they were excellent at drug development and commercialization and sometimes innovation, but depended extensively on small entrepreneurial companies for their pipelines. Many, indeed most, of the paradigm changing technologies are initially pursued by small companies. The big companies generally wait for proof of concept and then swoop in to either license the technology and/or the drugs stemming from it or to purchase the companies outright. This can lead to some incredible homeruns for investors in small companies so much so that one success can offset several failures.

    The behavior of the big companies is understandable as the number of intriguing and promising new technology approaches in drug development seems endless. I personally have done some tracking of over 300 biotechnology companies and this is not an exhaustive list. Moreover, exciting new technologies are evolving like lava flowing over the rim of a volcano. Even big companies lack the infrastructure and financial resources needed to aggressively pursue more than a small fraction of drug development opportunities. Once committed, the development costs for a new drug can run into the hundreds of millions and even over $1 billion of costs. And of course, the failure rate in new drugs is astronomically high. I have seen estimates that for drugs that begin human phase 1 trials, perhaps only 1 in 10 will reach phase 3 and in phase 3 a significant percentage will fail. And even of those that succeed only a few become blockbusters.

    With this high rate of failure, drug development is not for sissies. Research people at large companies get rewarded for successes and fired for failures. Hence there is a tendency to focus on evolutionary (me too) drug development in which there is less risk and leave the paradigm shifting efforts to entrepreneurs willing to accept the very high risk of failure for the extraordinary rewards in those few cases in which success is reached. What are those odds for success? I have no data to back this up, but the chance for moderate success is less than 1 in 10 and for home runs is in excess of 1 in 25 or 1 in 50. Take these numbers as being representative of the risk as opposed to a well-researched estimate.

    Wall Street analysts have risk profiles that aren't that different from research people at big pharma. They gain fame for being correct on a stock and can lose their jobs if they take a risk on an unproven drug or technology and get "blown up". As a result, many early stage companies are ignored by analysts or primarily covered by analysts working for investment banks who specialize in bringing such companies public; naturally analysts employed by investment banks are always positive on the stocks their firms underwrite.

    As I looked at this situation, about five years ago, I sensed an opportunity to try to bring quality research to some of the companies in this vast universe of poorly followed companies. Obviously, it is not possible to cover all possible companies so I focused on just a few in which I tried to do exhaustive research that could give me an edge. My strategy was primarily although not entirely to focus on stocks that could be homeruns. (Please refer to my earlier comments on the risks involved). Recognizing the high potential for failure, I tried to find as many opportunities as possible and never put all my eggs in one basket. In my own portfolio, I invest in a large number of early stage biotechnology stocks as I fully recognize that I am going to be wrong in a significant percentage of the stocks I deal with. I call my strategy asymmetric investing and this is explained in more depth on my website at this link.

    Finding Out About Naked Shorting

    I started developing my website and its content about four years ago. As I gained more experience, I was startled to find that there was another very important force at work on these companies that was apart from the fundamentals that I was focused on. One would expect a high level of volatility in the stocks in which I specialize. However, this could not always explain the demoralizing collapse of a meaningful number of stocks that I am involved with following some news event. Suddenly and without a major change in the fundamental outlook, I would see stock prices cut in half in a short period of time. During this time there was invariably a steady day by day price erosion (naked shorting at work) accompanied by an unending stream of contrived negative news flow that was demoralizing to me and other investors.

    In order to give more insight into what a naked shorting attack might look like, I have put the predictable elements of a typical attack based on my experience in living through a number of them on separate companies.

    • Shorts like to target emerging biotechnology stocks that are engaged in high risk drug development and are not widely covered by quality research analysts.
    • The initial and subsequent attacks are almost always triggered by some news event. Obviously, the shorts seek out negative news or an event that creates uncertainty. However, sometimes an attack can be based on a positive news event which the shorts spin to make it appear negative.
    • Using the ready platform afforded by the internet and social media, a blogger associated with the shorts goes to work with a negative interpretation of an event. These are usually not sophisticated analyses and are usually limited to one or two pages of text which is invariably one-sided and unbalanced. These are meant to provide "intellectual" reasons and cover for the short attack.
    • The most prominent of these bloggers usually have no backgrounds in biotechnology analysis or expertise in the science. I believe that in many cases, hedge fund employees actually write the articles which are cut and pasted into the comments of these bloggers.
    • The heart of the naked shorting scheme involves a group of hedge fund traders conspiring to steadily knock out offers for the stock and to trigger stop loss orders (This is explained later in this report). This is called walking the stock down. The power of these conspiracies is striking and in many cases allows the shorts can largely determine the price that they want the stock to trade at.
    • The stock weakness gives legitimacy to the contrived negative blogs. The idea is to create fear and uncertainty among investors by making all news events appear to be negatives and to fabricate new issues that the shorts hope will demoralize investors.
    • The first time I came up against this, my thought was that the blogger was someone who was just more cynical about the chances for success and had an opposite point of view from mine. This is understandable and common in research analysis. I wrote a respectful rebuttal to their argument.
    • I thought that after their rebuttal to my rebuttal, this would end the discussion. We had expressed our opposite points of view, would respectively disagree and move on. This had mainly been my experience in my Wall Street days as an analyst when I disagreed with another analyst. I was wrong.
    • The situation quickly escalated. In the rebuttal, the blogger accused me of being stupid, deceitful and being paid by the Company to write positive comments.
    • In this case, over 20 articles were then written in a period of a year. Usually, they were timed to a press release and regardless of the news and without exception each was interpreted as a major negative. A major strategy was to argue that management was lying to investors and manipulating the stock.
    • The stock would go down on good news, bad news and uncertain news. One of the pillars of stock manipulation is to make good news appear to be bad.
    • The blogger was indifferent to truth and actually would make up information that was factually incorrect. When made aware that the information was wrong, he/she would ignore it and even repeat it in later blogs.
    • There are a number of bloggers who participate in these attacks. Many of these bloggers appear to work together and coordinate their negative attacks. It is striking that many of these people have connections to one another. Many of them were trained at a well-known blogging site that was founded by hedge fund people.
    • Sophisticated use is made of the Internet and social media. Twitter is used to signal that an attack has begun.
    • Shorts are well connected to mainstream media and are adept at getting them to unwittingly participate in the scheme.
    • Vicious attacks are launched on writers who might have an opposite but hopefully more well-reasoned and balanced view. The usual line is that they are being paid by management to write positive articles.
    • Seeking Alpha has become very friendly to articles supporting short selling and is used extensively by the hedge funds. The site actually promotes as one of its favorite authors a person who writes only negative attack article on companies in which he claims that managements are lying and paying authors who have a positive view on the Company. In his disclosure, he states that he shorts stocks, then publishes a negative article on Seeking Alpha and states that he may cover immediately after the article is published. This seems to meet the definition of a pump and dump scheme. He also acknowledges that he is collaborating with other short sellers. I think they contribute the information for most of his articles
    • Seeking Alpha allows articles to be published by anonymous authors. These articles are often extremely bearish and are almost certainly written by people at hedge funds.
    • Hedge fund create pseudonyms and publish on a daily basis negative comments on message boards like Yahoo and Ihub.
    • Law suits appear after articles and allege misconduct on the part of managements and urge investors to participate in a class action lawsuit.

    Initially, I attributed these actions to people who were just more cynical than me and honestly came to their bearish views. I am also very cognizant that there is not an insignificant amount of stock manipulation that warrants shorting some stocks. There are some bad actors who pump stocks up and then dump them and this is every bit as egregious as naked shorting attacks. Interestingly, I believe that the hedge funds who short can be enthusiastic participants in these manipulation schemes as well. I also understand that managements can and usually are over enthusiastic in presenting the outlook for their companies. They have so much personal wealth and intellectual effort invested in a Company that objectivity can be difficult. I also have to admit that I have a bias toward optimism largely stemming from the belief that we are in a scientific renaissance in biotechnology that will lead to a meaningful number of breakthrough drugs and accompanying home run stocks. I recognize this personal bias and try to adjust for it, but I am only human.

    The above paragraph shows that not all of the investment land mines can be attributed to naked shorting. However, it seems to me that many are. Initially I thought that what I now believe to be naked shorting stock manipulation was attributable to market forces. The catalyst for my changing my view was coming across a shocking You Tube commentary by Jim Cramer of CNBC fame. He explained in detail how as a hedge fund manager, he participated in schemes to manipulate stocks. If you haven't seen this it is a must watch.

    This was a wakeup call for me and for the last few years, I have been doing a great deal of work on naked shorting. As I talked to companies, I heard the same stories over and over about techniques used to drive down their stock prices and I came to believe that there was manipulation going on and that it was extensive. The names of hedge funds leading the attack kept coming up in situation after situation. It has been my intent to write an article on naked shorting, but this is an enormous project and while I think I understand the effect that naked shorting can have on stocks, I lack the understanding of the trading techniques used to implement what is essentially an illegal stock manipulations scheme.

    Counterfeiting Stock; An Eye Opening Article

    Recently, one of my subscribers sent me an article that covers the ground that I wanted to cover in an eloquent way and is much better that what I could have done, especially on the esoteric trading techniques used to cover up this illegal activity. It largely expresses what I would like to have written. He sent me a link to a website called Citizens for Securities Reform. On this website there was a link to an aticile called Counterfeiting Stock and a number of other articles on stock manipulation. This article was essentially the one I would like to have written. I have decided to reproduce the article on my website in its entirety. I certainly don't have the information needed to prove the hypotheses presented in the Counterfeiting Stocks article. Only an organization with subpoena power and huge investigative resource can really determine if this article is correct. The author of this article has the following disclaimer and I would make his disclaimer mine.

    Disclaimer — In compiling the information contained in this website, the author relied on sources — both public and private — and, for the most part, accepted the information from the source as reliable. As explained herein, considerable secrecy surrounds the activities being alleged in this report, which may result in conclusions that are speculative, inaccurate, or the opinion of the author. To the extent a source was inaccurate or provided incomplete information, the author takes no responsibility for the same and does not intend that anyone rely on any such information in order to make decisions to believe or disbelieve a particular person, point of view or alleged fact or circumstance. Under no circumstances does the author intend to cause harm to any person or entity as a result of conclusions made or information provided. Each reader is cautioned to draw his own conclusions about the provided information, and before relying on same, to perform his own due diligence and research.

    Sources — Information used was obtained from public records; the SEC; the Leslie Boni Report to the SEC on shorting; evidence and testimony in court proceedings; conversations with attorneys who are involved in securities litigation; former SEC employees; conversations with management of victim companies; and first hand experience as investors in companies that have suffered short attacks. This web site is sponsored by Citizens for Securities Reform.

    The sponsors of the Citizens for Securities Reform website have kept their identities anonymous or at least they have not chosen to identify themselves on their website. Hence I have not received explicit permission to reproduce their article. However, they urge all investors to pass the information on as I show in the next paragraph and I take this as permission to reproduce the article. They say:

    What to Do? — Many of our elected officials at the federal and state level do not understand most of what is contained in this paper. They must come to understand this fraud, and, more importantly, understand that their constituents are angry. Pass this information to everyone you know — put it in the public conscience. Then the citizenry needs to engage in a massive letter-writing campaign. Feel free to attach this report. Make sure your elected officials, at the federal level and state level know how you feel. Ultimately, votes in the home district will trump money from the outside.

    The next part of this report is the complete reproduction of the article Counterfeiting Stock which appears on the Citizens for Securities Reform website. Some of the details on trading schemes used by hedge funds to execute and cover up naked shorting are a little difficult to wade through. However, the effort is well worth it; even if you don't understand all of the technical points, you can get the gist.

    Counterfeiting Stock

    Illegal naked shorting and stock manipulation are two of Wall Street's deep, dark secrets. These practices have been around for decades and have resulted in trillions of dollars being fleeced from the American public by Wall Street. In the process, many emerging companies have been put out of business. This report will explain the magnitude of this problem, how it happens, why it has been covered up and how short sellers attack a company. It will also show how all of the participants; the short hedge funds, the prime brokers and the Depository Trust Clearing Corp. (DTCC) — make unconscionable profits while the fleecing of the small American investor continues unabated.

    Why is This Important?

    This problem affects the investing public. Whether invested directly in the stock market or in mutual funds, IRAs, retirement or pension plans that hold stock — it touches the majority of Americans. The participants in this fraud, which, when fully exposed, will make Enron look like child's play, have been very successful in maintaining a veil of secrecy and impenetrability. Congress and the SEC have unknowingly (?) helped keep the closet door closed. The public rarely knows when its pocket is being picked as unexplained drops in stock price get chalked up to "market forces" when they are often market manipulations.

    The stocks most frequently targeted are those of emerging companies who went to the stock market to raise start–up capital. Small business brings the vast majority of innovative new ideas and products to market and creates the majority of new jobs in the United States. Over 1000 of these emerging companies have been put into bankruptcy or had their stock driven to pennies by predatory short sellers.

    It is important to understand that selling a stock short is not an investment in American enterprise. A short seller makes money when the stock price goes down and that money comes solely from investors who have purchased the company's stock. A successful short manipulation takes money from investment in American enterprise and diverts it to feed Wall Street's insatiable greed — the company that was attacked is worse off and the investing public has lost money. Frequently this profit is diverted to off–shore tax havens and no taxes are paid. This national disgrace is a parasite on the greatest capital market in the world.

    ****This is only about 1/8th of the total article - reddit doesn't allow for that long of a post - so if interested you will have to visit the direct link https://smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/

    ​

    Best of luck to all!

    -Slinger

    submitted by /u/SlingerMoney
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    Next week GME ������

    Posted: 26 Feb 2021 09:02 PM PST

    Where are we on the curve? I’d say, bear trap.

    Posted: 26 Feb 2021 07:29 AM PST

    Here is a Market Recap for today Friday, February 26, 2021. Please Enjoy!

    Posted: 26 Feb 2021 01:34 PM PST

    PsychoMarket Recap - Friday, February 26, 2021

    Stocks traded mixed, with the S&P 500 (SPY) and Dow Jones (DIA) pulling back while the tech-heavy Nasdaq (QQQ) rose, rebounding from its worst selloff since October. Market participants continue to nervously eye rising Treasury yields.

    The saga between market makers and retail traders continues. The Securities and Exchange Commission (SEC) temporarily suspended a list of companies from trading due to "questionable trading and social media activity," according to a statement from the Commission. The SEC alleges that "Certain social media accounts may be engaged in a coordinated attempt to artificially influence their share prices." A full list of the halted securities can be found here.

    On Friday, the U.S. House of Representatives is anticipated to pass a $1.9 trillion COVID-19 stimulus package. The bill includes an additional $1,400 in stimulus checks to most Americans, $400 per week in augmented federal unemployment insurance, and $350 billion in state, local and tribal government relief. The bill would then head to the U.S. Senate, with many lawmakers aiming to pass the bill before a mid-March cliff for when current pandemic-era benefits are set to expire.

    Treasury yields were mostly lower today at 1.424% at the time of writing but continue to hover near one-year highs. Treasury yields are the interest rate the US government pays on its debt obligations, such as bonds. Very basically, rising Treasury yields affect the stock market in two ways: (1) it makes Treasury bonds more attractive assets for investment and (2) raises the cost of borrowing money for companies, which is why high-flying tech stocks were hit particularly hard yesterday. Charlie Ripley, senior investment strategist for Allianz Investment Management said, "Driving rates higher has been a combination of higher growth expectations as well as higher inflation expectations. Until recently, market participants have been able to digest the upward drift in long-term rates, but it appears that the next leg up in interest rates is a bigger bite to chew. Looking at where real yields were at, they were simply too low when considering growth expectations, and it's likely that long-term real yields will continue to drift higher as economic data improves." In other words, expectations for more growth in the market, combined with inflationary fears are lowering demand in bonds, which in turn raises the yield.

    Highlights

    • Robinhood disclosed in a filing Friday that the company is in talks with the Financial Industry Regulatory Authority (FINRA) over outages on the platform during the March 2020 market volatility, along with other matters surrounding options trading and communications with customers on the platform.
    • DigitalOcean and Olo are two tech companies that recently filed to go public. DigitalOcean is a cloud-computing company, while Olo provides restaurant software.
    • Britain is seeking to build a consensus among G7 nations on how to stop large technology companies exploiting their dominance, warning that there can be no repeat of Facebook's (FB) one-week media blackout in Australia.
    • Despite the recent market selloff, shares of EV-manufacturer Fisker (FSR) are flying, finishing the week up more than 56%.
    • DraftKings (DKNG) outperformed the market after raising guidance on revenue for next year during earnings report.
    • *Note: Current stock prices are written in the premarket in the morning, so they do not reflect intraday changes in price.
    • Airbnb (ABNB) with two target raises. Stock currently around $182
      • Canaccord Genuity from $175 to $220 at Buy
      • Needham & Co. from $200 to $225 at Buy
    • AutoDesk (ADSK) target raised by Barclays from $324 to $335 at Overweight. Stock currently around $284
    • Broadcom (AVGO) target raised by Oppenheimer from $500 to $575 at Outperform. Stock currently around $457
    • Alarm (ALRM) target raised by Raymond James from $75 to $115 at Strong-Buy. Stock currently around $89
    • Booking (BKNG) target raised by Susquehanna from $2,100 to $3,000 at Positive. Stock currently around $2,273
    • ETSY with a host of target raises. Consensus price target $260 at Buy. Stock currently around $197
    • Wow, this is crazy bearish. Jeffries set a $79 price target for Facebook (FB). Stock is currently around $254
    • Fisker (FSR) target raised by Cowen from $22 to $29 at Outperform.
    • Shake Shack (SHAK) target raised by Piper Sandler from $122 to $135 at Overweight. Stock currently around $119
    • After announcing plans to double revenue by 2023, Twitter (TWTR) with two target raises. Stock currently around $75
      • Pivotal Research from $77.25 to $95 at Buy
      • Goldman Sachs (GS) from $78 to $112 at Buy.

    "The person who starts simply with the idea of getting rich won't succeed; you must have a larger ambition." - John D. Rockefeller

    submitted by /u/psychotrader00
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    Every amateurs and "pros" are predicting a crash in March.... and that's exactly why it won't come. Fear is the only bubble

    Posted: 26 Feb 2021 08:28 PM PST

    How many "experts" and "pros" predicted this late Feb downturn? Momentum stocks got crushed in the past 2 weeks. Tech been flat and almost all of them dropped after earnings despite positive all-time-high earnings result.

    Where were those fools in January? In early Feb? nowhere to be found. Those idiots only came out after the bond yields already rose to ATH post-pandemic and now proclaim they "saw it coming".

    What a joke. Now all of them are saying March gonna crash. I tell you that's exactly the reason March won't crash, instead, SPY will go into all time high in march, with tech/QQQ leading the recovery in equities prices.

    As i said before, the only bubble in today's market is fear. Fear is pumped up by media like CNBC to sell clicks and views. It's nothing but herd behavior at this point. Noobs and newbies and boomers got scared, led by the "experts" and "pros" who themselves don't know how the market would go.

    submitted by /u/doitrodiz
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    Excellent vid for trading options

    Posted: 26 Feb 2021 03:45 PM PST

    Investors on Monday may want to make sure their ticker is $AMC NOT $AMCX

    Posted: 26 Feb 2021 01:33 PM PST

    Coinbase Could Go Public as Soon as March

    Posted: 26 Feb 2021 01:09 PM PST

    Wow! This sector is going to ��

    Posted: 26 Feb 2021 07:01 PM PST

    This week has been like....

    Posted: 26 Feb 2021 05:58 PM PST

    Hope for regulation to benefit the little guy?

    Posted: 26 Feb 2021 07:57 PM PST

    Electric Bus Maker Arrival to "IPO" just after March 19

    Posted: 26 Feb 2021 05:42 PM PST

    It is almost confirmed now: Electric bus maker Arrival is scheduled to "IPO" under the ticker ARVL just after March 19.

    Their Investor Presentation can be found here:

    https://arrival-site-cms.s3.eu-west-2.amazonaws.com/39573881-229c-4bae-927b-969002d4a01b_Arrival_Investor_Presentation.pdf

    According to streetinsider.com, Wolfe Research analyst Scott Group was bullish on this stock and gave a $50 price target. His summary was "the right EV market with the right costs":

    https://www.streetinsider.com/Analyst+Comments/Wolfe+Research+Starts+Ciig+Merger+Corp.+%28CIIC%29+at+Outperform%2C+The+Right+EV+Market+with+the+Right+Costs/17821966.html

    Disclosure: Long on the future ARVL.

    submitted by /u/Torlek1
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    Elon Musk Invites SEC Into Battle Over Dogecoin

    Posted: 26 Feb 2021 11:52 AM PST

    Hourly TSI Indicating That $AAPL Is At Historically Oversold Levels (I.E. At Levels of March 2020 Correction). Rally Or Retrace May Be Imminent In Near-Term.

    Posted: 26 Feb 2021 01:55 PM PST

    Much tendies to be had by the top execs

    Posted: 26 Feb 2021 06:17 PM PST

    Trey’s Trades #AMC #GG #GG801

    Posted: 26 Feb 2021 07:22 PM PST

    $PLTR Buying the dip!!! How about you guys!?

    Posted: 26 Feb 2021 07:19 AM PST

    Look outside everyone, do you see what I see? It's our destination! Shining bright tonight!! Look outside!! AMC TO THE MOON���������������������������� shitty pic taken with my S8.

    Posted: 26 Feb 2021 05:23 PM PST
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