Financials don't look terrifying. Any idea why they ate shit so bad? I mean everything did, but almost 60% is a lot. Was it just their Q42023 sales decline?
Looks like a pretty good play to me.
Q2 performance wasn't great and I think that coupled with panic selling. They continue to gain market share, however. Once growth catches up, the valuation should fall in line. [Reply]
Originally Posted by lewdog:
Q2 performance wasn't great and I think that coupled with panic selling. They continue to gain market share, however. Once growth catches up, the valuation should fall in line.
Anecdotally, I see the shit everywhere. Market is crowded but they seem to have a critical mass. [Reply]
Originally Posted by Buehler445:
Anecdotally, I see the shit everywhere. Market is crowded but they seem to have a critical mass.
They got Pepsi distribution a few years back by giving up equity. I thought they'd be bought out completely by now. That chart looks like a rollercoaster ride drop. Looks like they poisoned a shit ton of ppl :-) [Reply]
Hog's Gone Fishin 08-22-2024, 06:03 AM
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Reason: Sorry, this was too much information that might help someone, It's gone now, You can thank Lew
Bought AIRI right before opening expecting it to take off. Volume kind of dwindled and price was coming back down so sold half for a 5% gain and the other half for a 2% gain. A few minutes after dumping it, it took off. Ooops. [Reply]
Hog's Gone Fishin 08-22-2024, 12:20 PM
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Reason: Don't worry, it's quoted
Epic day today. I love days like today. It worked out well because I had a nearly unprecedented credit card bill this month, and I was still able to easily gain in net worth. [Reply]
Hog's Gone Fishin 08-24-2024, 04:02 PM
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Reason: Some people here don't deserve my knowledge
Originally Posted by Buehler445:
Lots of red today. What's happening?
It seems like the market massively overreacts to every bit of news that points toward a slowdown.
I saw an article today where some random investment banker said, "This is a data-driven market right now," and I agree. Every day produces some random report that's a small part of the big picture, and every day the market acts like that random report is a revelation of the future. [Reply]
Originally Posted by Rain Man:
It seems like the market massively overreacts to every bit of news that points toward a slowdown.
I saw an article today where some random investment banker said, "This is a data-driven market right now," and I agree. Every day produces some random report that's a small part of the big picture, and every day the market acts like that random report is a revelation of the future.
I just think there's not much going on right now. We're up a lot. There's elections and we'll see if the economy holds up in the 4th q. Wait to see if AI starts to really make productivity boosts and profits for anyone not selling the hardware. I think that might take some time. [Reply]
Hog's Gone Fishin 09-03-2024, 06:47 PM
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Reason: Wasted time
Originally Posted by Rain Man: It seems like the market massively overreacts to every bit of news that points toward a slowdown.
I saw an article today where some random investment banker said, "This is a data-driven market right now," and I agree. Every day produces some random report that's a small part of the big picture, and every day the market acts like that random report is a revelation of the future.
How much of that reaction comes from the algorithms? I'm no expert but at this point I think the algorithms start the big selloffs. They'll pick up a headline and boom! [Reply]
Originally Posted by philfree:
How much of that reaction comes from the algorithms? I'm no expert but at this point I think the algorithms start the big selloffs. They'll pick up a headline and boom!
That's my theory, too. I think a lot of it is automated. [Reply]
Originally Posted by philfree:
How much of that reaction comes from the algorithms? I'm no expert but at this point I think the algorithms start the big selloffs. They'll pick up a headline and boom!
That's not new.
Even in the old world of brokers, you could put on stops, and a little price movement triggers your stops, then the next guys and the next guys, and a small movement gets exacerbated. Old futures traders still talk about "running stops".
I think "trading algorithms" that move any volume have gotten more refined.
Financials don't look terrifying. Any idea why they ate shit so bad? I mean everything did, but almost 60% is a lot. Was it just their Q42023 sales decline?
Looks like a pretty good play to me.
Dropped another 12% today.
Originally Posted by :
But around noon, management made an appearance at Barclays' 17th Annual Global Consumer Staples Conference. During the chat, management said something that sparked fear in investors: In the current quarter, sales to PepsiCo (NASDAQ: PEP) are down $100 million to $120 million compared to last year.
Investors took action, and that's why Celsius stock was down a painful 12% as of 3:15 p.m. ET.
Sounds like inventory was just stuffed and the brand is still doing really well. Expanding internationally is probably the next big step. [Reply]
Originally Posted by :
Former MoviePass CEO admits the $9.95 ‘unlimited’ ticket scheme was fraud / The CEO behind 2017’s ridiculous movie deal is facing up to five years in prison for committing securities fraud.
This was the darling/it stock for a while. [Reply]
