ERIC for shorting

Discussion in 'Stocks' started by earth_imperator, Apr 18, 2023.

  1. Ericson (ERIC) seems to be in trouble... Just got it from the news...
    I'm going to buy some Puts... :)

    ERIC_2023-04-18-BM.png
     
    Last edited: Apr 18, 2023
  2. maxinger

    maxinger

    For the past 20 years, it has been moving in a range (around 5 to 15).
    So it will continue to move in a range until the chart says otherwise.


    Anyway, the current downtrend started 2 years ago.
    It went down from 15 to 6.
     
  3. Last edited: Apr 18, 2023
  4. Snuskpelle

    Snuskpelle

    As a reminder, China:
    Has ~540 million public cameras feeding into their AI survelliance systems.
    Has had leaks showing extensive data sets on one billion of their own people.
    Has a dystopian social credit system.
    Requires their nationals by law to spy for the Chinese state if requested.

    And you think Huawei is unproblematic or what? Get a grip.

    Now, support your NSA claims.
     
  5. China has 4 times more population than the US. I think the surveillance rate in percent is higher in the US than in China or anywhere else on the planet. Western network equipment providers like this Ericson, Nokia, Cisco, Netgear etc. are forced to put a backdoor API called CALEA into their products: https://en.wikipedia.org/wiki/Communications_Assistance_for_Law_Enforcement_Act
    The situation in the US is IMO worse than in any other country, incl. China.
    But hey, it's allegedly a democracy... :) This of course excuses everything... :)

    See also:
    NSA_backdoors.png
     
    Last edited: Apr 18, 2023
  6. d08

    d08

    earth_imperator still sitting in the west talking about how great Russia is? Irkutsk real estate is cheap, can't afford a plane ticket or what?