Investing

[ticapnews]

Runners take your mark....

 

[ticapnews]

Cathie is doing a lot of heavy lifting this morning.

 

[ticapnews]

SPCX employees are either true believers or incredibly bad with money. The price is up 7% from open and almost 10% from the low. Even with valuations in the 50s. Amazing.

 

[ticapnews]

CNBC explained what happened yesterday, and it's sure to excite those of you exposed to SPCX through funds.
As shares became available and the float increased, the funds holding SPCX were obligated to buy more to maintain percentages. This is why the stock price dipped to 105 as people sold, but quickly rebounded as the funds started buying.

That, and many of the employees did not sell. Volume was high, but not 900 million high.

The stock has a 74% buy recommendation and only 4% sell. Analysts now have set a price target for SPCX as high as 250. The delusion goes on. The market remains irrational.

 

[aparch]

I actually missed that this morning, thanks for the recap. I was wondering just why the volume and stock price was bobbing, but maintaining the same level.

 

[ticapnews]

SPCX is up 9% in less than an hour.

Irrational exuberance continues

.
Cathie Wood and Cramer were right for a change...

 

[ticapnews]

12%. Almost back to IPO price.

 

[Kepler]

Timing is everything. The guys who held yesterday can realize so much more today. They just need to get out at the right time.

I assume these ratchets will keep happening and they can slowly bleed out their holdings as the dumb money replaces the smart money.

Exactly what will happen in cyber and AI.

 

[ticapnews]

It is now 25% higher than it's low point (which was just yesterday). Peaked at 131, has now settled around 129.

Wall Street is little more than a casino. Valentine (Eddie Murphy) was correct in his assessment that the brokers are bookies...