Originally Posted by scho63:
I know their business has more depth than that but they aren't getting a lot of traction outside of Canada.
Why do you think their stock has been a dog for so long and so heavily shorted?
Short sellers are the most diligent investors and usually, not always, right about a business.
They risk the most of any investor.
Phones aren't even their main business model, yet all of your questions to me were about their phones. But yeah I believe you, you knew all about the company. [Reply]
Originally Posted by Buehler445:
So I’ve been busy as fuck and not paying attention to anything. I was at a board meeting and they said they heard Powell was calling for interest rate hikes the next 3 quarters. Is that right? And how did it not wreck the stock market?
I kept hearing the hike would be in 2023, but no one seems to believe they can wait that long.
.... at the exact same time beans were down 102. 1 0 fucking 2. It was at that point I turned off the tv and phone notifications. [Reply]
Broke through some key levels today on the SPY. Looks like the beginning of a correction.
10% down would put us right around the 200 SMA. There is some support about 2.5% below where we are today but if that doesn't hold hang onto your hat and build up some cash for the upcoming dip. [Reply]
Originally Posted by scho63: "St. Louis Fed President James Bullard told CNBC he sees an initial interest rate increase happening in 2022 as inflation picks up."
And that's why the market is tanking today.
Total shit week across the board.
If their goal was to tank the stock market, they have done a great job. :-) [Reply]
