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...

 

[ticapnews]

SPCX briefly went back above IPO level tonight in after-hours trading and is now hovering around 134.

 

[ticapnews]

RKLB (a SPCX competitor) announced record 2Q revenue and adjusted guidance up to record levels for Q3...so of course the stock cratered.

 

[FadeToBlack&Gold]

Cutting costs will always get more cheers from the investor class than revenues and profits. Revenues are temporary and fickle, subject to market whims - overhead is easier to forecast.

 

[ticapnews]

Take-Two stock has proven resilient even in the face of a team of hackers who have GTA 6. Not just a few pictures of a couple of cutscenes, but an actual playable version of the most anticipated (and will be the most profitable) game in history. It sunk earlier this week when the leak was made public, but has bounced back and will close even or slightly ahead fpor the week. Investors seem to be confident the leakers won't mess up the game...

Also, Nvidia announces earnings Wednesday after close. Will there be signs the bubble is bursting, or will circular financing keep the mirage going?