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Hey Nerds: Blockchain

Tim Apple wet the bed. Bulls bought it up $17 in a matter of days. TRAPPED
 
Mea Culpa issued

https://investorplace.com/2023/11/t...sh-this-week-but-were-still-in-a-bear-market/

The Bottom Line: We’re Still in a Bear Market​

We didn’t see circuit breakers this week – which I argued for because 1) stocks crash from oversold levels, and 2) I view Japan as being in a very high-risk position) – but that doesn’t mean everything is clear here on a go-forward basis. If anything, risk-off dynamics look even more acute, and moves like this, while painful to miss out on, notoriously happen in ongoing bear markets.

I maintain this is a trap and conditions favor an accident. I just may not be so bold as to predict that a circuit breaker will happen in a particular week anymore.

Maybe.
 
Pretty Sweet

Green Thumb Earnings

$275M Revs; est. $257M
$83M AEBITDA; est. $76.1M
$133M GP; est. $127M
$61M Operating CF
48.4% GM; est. 49.5%
$0.05 EPS; est. $.01
Share repurchases of $25 million during the quarter, over 1% of shares outstanding.
 
Pretty Sweet

Green Thumb Earnings

$275M Revs; est. $257M
$83M AEBITDA; est. $76.1M
$133M GP; est. $127M
$61M Operating CF
48.4% GM; est. 49.5%
$0.05 EPS; est. $.01
Share repurchases of $25 million during the quarter, over 1% of shares outstanding.
Best canna earnings since 2021. They are truly in a class of their own.

But of course MSOS doesn't seem to give much of a fuck. It's had a nice run but a leader beating by this much you'd think would provide some bull juice AH.

/No position
 
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so Presto's stock guru, Michael A. Gayed, lent his strategy to an actual mutual fund.

few are making money with it

1699642340555.png
 
I think the line in the sand (for shorts) is pretty close (4430ish ES)

I am starting to leg in on some December puts in my investment account (for protection purposes only)

Will happily dump them if the bulls prove me wrong
 
What a day for MSFT. Power move to new ATH.
A market cap of $2.74 trillion. Can such a number even really exist?

I always remember where I was when my partner was proposing some investment he wanted to see if I'd join in on not that long ago, feels like 4 years, and I turned it down and said that putting that same money into MSFT at $100 at that time would be a better investment, even though I didn't do that either. And I didn't because MSFT seemed too unsexy, felt like a company that could inch up over time, but not something that would shoot up to some huge number. Basically thought of it as another Disney.

3x later...
 
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