AMZN is a good long today

[vanzandt]

Can you print this on a pillow, it will help you sleep off AMZN. Etsy is selling shirts.


View attachment 321739

Order now. Quantities limited.

 

[Redneck]

My big call was correct about NVDA.
https://www.elitetrader.com/et/threads/yo-check-this-out-im-wondering.375901/#post-5853782

So

One call does not a trader... nor trading career make

And if you don't start posting commensurate stops and profit targets - you're FOS


Next

RN

 

[Anglo_pride]

It was a big call that only a seasoned dude would of made.

 

[Redneck]

Like any loser - time to cut it

RN

 

[Anglo_pride]

Like any loser - time to cut it

RN

I you are a true good ole boy, you would let me take you hunting.

 

[Anglo_pride]

Hey Redneck- my AFRM position did very well. I told you it could see the 16.50 area.
Im out and did well my good friend.
Charts dont lie !

 

[Anglo_pride]

I did.. it really wasnt a huge loss as I had in a stop loss. Im looking at AFRM after hours. I eatablished a small position after earnings on the gap up. Lots of shorts in that stock. I think it could see 16.50 tomorrow.

remember this post yesterday redneck ??? You missed a money maker. You could of bought at 14.85 in the after market.

 

[SunTrader]

Lewzers brag, traders trade.

 

[Anglo_pride]

Lewzers brag, traders trade.

I agree my friend. I was just letting redneck know whats up..

 

[vanzandt]

Hey Redneck- my AFRM position did very well. I told you it could see the 16.50 area.
Im out and did well my good friend.
Charts dont lie !

That, and I do my homework.
You're welcome.

I like AFRM for an earnings roll of the dice play.
They have a lot of cash on the books.

$13.97

Everyone was bearish on this thing, but they have deep pockets.
Delinquencies dropped nicely.
Another clue, 12% of today's volume was block trades---> at the ask.
On a day like today, that was a dead giveaway.
Over 2M shares.

Up 7.5% ah's

Back to stock talk.

Regarding Affirm.

CNBC guru said "he wouldn't touch it."

Personally, I don't see a lot of risk here.
The company flat out said they they're making money going forward.

The CNBC guy was blabbing about the possibility of more delinquencies due to the economy.

I mean... does he not think the company is well aware of this fact when they calculated their guidance? Or maybe he's not aware that AFRM uses all kind's of AI tied to a customer's spending habits, income, bank accounts, what time they go home from the bars, who they go home with, pet cat's name, and every other damn thing in their lives... before they so much as front them a penny.

That's why you see Macy's and all these others having more delinquencies, they issue credit the same way they always have. Affirm's delinquencies are down because they do it the new way. The zero-privacy way. Their AI profiles a person's life to an extent never before seen.

And zero interest loans? Lol. Guess again. They may start out that way, but a picture speaks 1000 words.

View attachment 321725

Shorts are hitting it hard in ah's, but someone is absorbing all those shares. I'm surprised $14.70 has held as hard as it's being hit. I doubt those are retail orders buying it. Someone wants in.

It may drop tomorrow, but if it gets down near $13.... buy it with no fear.
This is a straight-forward company. I looked at the gaap vs non-gaap stuff. No smoke and mirrors.

Up 25% now.