[2008M36MT]

Cramer is melting down on Squawk. Interested to see if Stephanie Link will do the same, she was depressed at -12% after the call yesterday.

[RickFLM4]

Originally Posted by 2008M36MT

Cramer is melting down on Squawk. Interested to see if Stephanie Link will do the same, she was depressed at -12% after the call yesterday.

Cramer's act was ridiculous this morning.

[Tyga11]

Originally Posted by 2008M36MT

Cramer is melting down on Squawk. Interested to see if Stephanie Link will do the same, she was depressed at -12% after the call yesterday.

I'm worried about Stephanie. She almost had a nervous breakdown on After Hours yesterday. I have no idea how much she has tied up in META but she's down bad.

[2008M36MT]

Why do they have clowns like Dan Ives on CNBC? You don't need earnings, no matter what they are he's going to say they're good. Zero value.

[dangerus_car]

can't believe AMZN drop 20% on its earnings, a slight miss

my take: buy AMZN tomorrow or wait for few days until it stabilizes, 20% off is a discount

[antzcrashing]

Originally Posted by dangerus_car

you can buy a long dated call option like in 2024 or 2025 for $10k, by then metaverse may be mature enough and if the stock bounce just 50%, you will get a lot of money, lol

Lmk what the breakeven price on that call is

[Tyga11]

Originally Posted by dangerus_car

can't believe AMZN drop 20% on its earnings, a slight miss

my take: buy AMZN tomorrow or wait for few days until it stabilizes, 20% off is a discount

I bought more META today. Surprised no one here followed my lead

[antzcrashing]

Originally Posted by Tyga11

I bought more META today. Surprised no one here followed my lead

I doubled down on META today after hours

[LuvMyE92]

Originally Posted by Tyga11

I bought more META today. Surprised no one here followed my lead

Originally Posted by antzcrashing

I doubled down on META today after hours

You guys have got some balls. I presume you're both looking for a dead cat bounce.

This is from one of my newsletters this morning:

A day after reporting dismal earnings, Meta shares lost nearly a quarter of their value, knocking it off the list of the 20 most valuable US companies. Since Meta’s stock peaked in September 2021, it’s tumbled 74%, equivalent to more than $730 billion in market cap going poof.

They've got nothing going for them right now, a shrinking customer base, stupid (IMHO) focus on this "Metaverse" nonsense, and just bad press every time you look around.

[3798j]

It is the last day (Oct. 28th) to get i bonds at the 9.62% interest rate for 6 months. Interest rate resets in November...probably to 6.4%.
Since the annual i bond rate jumped to 7.12% last November,(2021), there has been more than $27 billion in i bond sales, compared to $364 million in 2020, according to the Treasury.

[Tyga11]

Originally Posted by LuvMyE92

You guys have got some balls. I presume you're both looking for a dead cat bounce.

This is from one of my newsletters this morning:

A day after reporting dismal earnings, Meta shares lost nearly a quarter of their value, knocking it off the list of the 20 most valuable US companies. Since Meta’s stock peaked in September 2021, it’s tumbled 74%, equivalent to more than $730 billion in market cap going poof.

They've got nothing going for them right now, a shrinking customer base, stupid (IMHO) focus on this "Metaverse" nonsense, and just bad press every time you look around.

Correct - short term bounce. I'm looking for a 20% pop in the next couple of weeks and I'll sell and make maybe $1,000. Not a lot of money but it's something in this environment

[Tyga11]

Originally Posted by dangerus_car

can't believe AMZN drop 20% on its earnings, a slight miss

my take: buy AMZN tomorrow or wait for few days until it stabilizes, 20% off is a discount

Everything I'm reading says AMZN is still expensive.

[antzcrashing]

Originally Posted by LuvMyE92

You guys have got some balls. I presume you're both looking for a dead cat bounce.

This is from one of my newsletters this morning:

A day after reporting dismal earnings, Meta shares lost nearly a quarter of their value, knocking it off the list of the 20 most valuable US companies. Since Meta’s stock peaked in September 2021, it’s tumbled 74%, equivalent to more than $730 billion in market cap going poof.

They've got nothing going for them right now, a shrinking customer base, stupid (IMHO) focus on this "Metaverse" nonsense, and just bad press every time you look around.

Me I am long Meta. But warren buffet buying it through Berkshire wouldn't hurt to start the rally. I won't hold my breath though.

[floridaorange]

MULN

[NeverL8]

Originally Posted by LuvMyE92

You guys have got some balls. I presume you're both looking for a dead cat bounce.

This is from one of my newsletters this morning:

A day after reporting dismal earnings, Meta shares lost nearly a quarter of their value, knocking it off the list of the 20 most valuable US companies. Since Meta’s stock peaked in September 2021, it’s tumbled 74%, equivalent to more than $730 billion in market cap going poof.

They've got nothing going for them right now, a shrinking customer base, stupid (IMHO) focus on this "Metaverse" nonsense, and just bad press every time you look around.

Metaverse could be the next huge thing. But one needs to be patient and wait about 20 years. I will slowly start DCAing into it in second quarter of 2023…for the next 30 years

[2008M36MT]

A lot of you may say, I've too soon Juniored it, but I bought 300 shares of AAPL at $146.12. Prior I sold all my AAPL (1650) shares at $152 a few weeks ago, with average buy price of $147.

Ready to dollar cost average down, rest of my trading account is all cash, this trade is not a material portion of my buying power (with margin).

[2008M36MT]

250 more AAPLat 140.50 average. Next entry point is $135.

[rmedina]

Made a killing last year with AMC. Going long at the moment with Conns.

[Chick Webb]

Originally Posted by 2008M36MT

250 more AAPLat 140.50 average. Next entry point is $135.

Did you hear what QCOM said about handset demand? QRVO? Both are waving red flags. You may just want to wait until AAPL gets to $130.

[2008M36MT]

Originally Posted by Chick Webb

Did you hear what QCOM said about handset demand? QRVO? Both are waving red flags. You may just want to wait until AAPL gets to $130.

Originally Posted by Chick Webb

Did you hear what QCOM said about handset demand? QRVO? Both are waving red flags. You may just want to wait until AAPL gets to $130.

Yeah not great but it could've been worse. I will just slow it down a bit. Hate Schwab and how they do wash sales. I want to see the cost basis of my current holdings, not adjusted for what I've sold.

[Chick Webb]

Originally Posted by 2008M36MT

Yeah not great but it could've been worse. I will just slow it down a bit. Hate Schwab and how they do wash sales. I want to see the cost basis of my current holdings, not adjusted for what I've sold.

AAPL down another $7 in after hours to $138. MSFT at $213, AMZN under $90, GOOG under $85. Looks like there's no where left to hide.

Did a little buying today. QCOM, WCLD, and added a little to some existing positions. Not because I think we've bottomed, necessarily, but some of that short term debt matured and I needed to do something with the money. Long term I'm sure I'll be fine at these valuations.

[2008M36MT]

Originally Posted by Chick Webb

AAPL down another $7 in after hours to $138. MSFT at $213, AMZN under $90, GOOG under $85. Looks like there's no where left to hide.

Did a little buying today. QCOM, WCLD, and added a little to some existing positions. Not because I think we've bottomed, necessarily, but some of that short term debt matured and I needed to do something with the money. Long term I'm sure I'll be fine at these valuations.

It's rough for sure, I have a while before I get into margin, if we get down to $135 I'll buy a few hundred more shares. I'm hoping for a bounce if the elections go red, a few bucks a share is good enough for me to sell.