Went short on $Coinbase Global, Inc.(COIN)$ . They have been in the spotlight for all the wrong reasons , and might fall a bit further due too the SEC investigating them. And then we have Bank shares...... Not many believes in First Republic Bank anymore, but I do think if they can survive the next few weeks, and get some of the old depositors too put some money back into the bank again it could be interesting to see where the share price gets going. They have strong institutional ownership that don't want to see them fail, and then create a domino effect taking other banks with them. So far my belief in the First Republic Bank has not been very successful, but I am still k
$Beyond Meat, Inc.(BYND)$ At this price level it's worth a gamble. Looks like we are getting close to the bottom for now. There is potential for a couple of catalysts that could send this back up both in short , and possibly long term. Anyone else buying up at this level ?
$Tesla Motors(TSLA)$ Taking the profits now is a safe option unless you are in for the long term. The stock can be pretty volatile at times. I would dip my feet into the stock again, but be prepared for a loss taking my chances on the potential for a end of week rally. Always look too see if the potential winnings are worth the risk. Have a profitable day everyone.
T$Tesla Motors(TSLA)$ They have had a tremendous run this month. It is still room to go higher, but this week could be very volatile with end of the quarters report due, and inflation still to high for the Reserve Banks liking. Shares could break through the 450 mark or head back towards the 420 USD this week. I got a short position this week that I watch closely prepared for big swings. If you in the stock for the long run you should be fine, but if you holding for the short term be careful. And remember going short opens the possibility of Unlimited losses.
【Voting Post】$Carvana Co.(CVNA)$ Well this took off just as I predicted. I have followed this stock from like 375 dollars, down too 3.75. A lot of investors got burnt on this stock including seasoned financial institutions. I personally think they can survive and thrive again. They current Ceo lost 99 percent of his fortune on this, so he would definitely like to avoid bankruptcy. He has gone all in. This could be interesting to watch. https://globalrisk.fund/2022/12/27/any-buyers-carvana/
https://globalrisk.fund/2023/03/19/first-republic-bank-set-for-a-rally-with-rumours-buffett-is-getting-behind-a-rescue $First Republic Bank(FRC)$ I am going long ,and buying up more shares. Anything under 20$ is a bargain for what I see as a solid bank with a great customer base . Happy trading fellow Tigers !
https://globalrisk.fund/2023/03/19/first-republic-bank-set-for-a-rally-with-rumours-buffett-is-getting-behind-a-rescue/ $First Republic Bank(FRC)$ Have a good future after the 30 billion deposit from the bigger banks. It has a loyal customer base that would rather stay with them as long as they believe the deposits they have with them is secure. The US government needs to increase the depositor guarantee amount from 250 K too an amount that would calm the customers of the Us banking system. I am bullish ,and have invested accordingly.
I think this will go past 430 USD in the next few days. The rally has a big momentum, and a lot of shortcallers are getting squezzed now potentially sending the price even higher. Robotaxi have a lot going for it. If they can get it to the next level quickly and efficiently. It's going to be another interesting week . A lot is also weighing on the Feds cutting interest rates this week. It's already getting priced into the market for a cut of 0.25 percent. Let's get some popcorn and watch the rally ! 😀 ( Not investment advice )