HhhhhhaVan has a uncanny commodity and weather knack! We should ask him before buying! 2020 he called corn, soy and the coffee inflation long before the events.
That doesn't hold a candle to this one, if I do say so myself lol... I am proud of this one.
Stoney...
This is a bold call, but I'm gonna go ahead and say it.
FB is at $323.50. I'm sure it will run into the close, so I don't know where the high will be today during rh's, but I think it's gonna drop on earnings. I don't care what everyone else is saying. I think it's going down. Maybe even below $300.
Here's the plan. If it crashes tomorrow, it'll take SNAP with it. If we can get SNAP down another 10% tomorrow, like $28ish, that will be a buy. SNAP reports tomorrow night and I think the analysts low balled the estimates this time. They'll blow it away. It could $37 by Friday.
Like I said, bold call I know.
We shall see.
Followed by this one today at 2:30 Eastern:
One thing no has mentioned across the various financial media outlets is the deal with Apple and IOS. Remember that? The stock got hammered, and class action lawsuits rolled in because the CEO had said it wouldn't hurt them, and later said it would.
Where am I going with this?
Somewhere way back when I read an in depth analysis of what was going on behind the scenes there, and in a nutshell it said they had a workaround that was "nearly completed" and would basically do what IOS had previously done before Apple changed things.
I'm thinking it's done, the whales know it, and it will come out in the CC tonight.
As it turns out, that was in fact the catalyst for the damn thing spiking 54% after-hours.
I dunno... I just feel things sometimes.
If I had more discipline in bet size lol... I'd probably own my jet by now.
It's the timing that stings sometimes.