PSTG at $22 is a granny-quality tech play. But we'll keep an eye on the tells going into their earnings report. Whale watch.
Jim Cramer is not thrilled with Pypl. I am only a Jim basher when he’s euphoric about thousands of layoffs and AI removing 300,000,000 jobs globally.
Well when SPX finally hits 4200 and we start the new thread (even though SPX won't stay above 4200 for long), I think I'm gonna set a rule where Stoney can only spotlight one stock every two days. This posting 10+ stocks per day, and then going back and requoting the post when one of them has a good day, and claiming brilliance... uh-uh... that's bs and it has to end for thread integrity. He either posts a solid "go time" with a live bid/ask or any follow up will have to be deleted. After hours is certainly welcome and certainly fair game. Now don't get me wrong, he can have his "ideas", "watchlists", etc... and update them all he wants... but before he posts an all caps "I AM THE GREATEST" Mohamed Ali bs type post referring to a stock he said was an "idea"... we're gonna have to have a definitive buy call with a price. Other than that, these calls are worthless. Anyone can post a dozen story stocks/day. I look at it like I'm doing him a service... trying to make him a little better. Quality, not quantity shrouded in smoke and mirrors. And he's gonna have to start owning up to his many losers, so I don't have to constantly look like the bad guy for flagging them. Another ultra-extreme left leaning liberal propensity on his part... ignoring reality when it doesn't fit the narrative... and not owning up to one's shortcomings or bad stock picks in this particular case
And I''ll be cutting and pasting this post tomorrow when he plays his game and completely ignores it with another barrage of 10 more stocks before the bell that he can come back later and hand pick the winners from an hour before the close and claim brilliance. We're gonna nip this false claim to brilliance in the bud. If he's as good as he says, he'll comply. But he won't of course. It's in the water up there I think. Way back when I said "Let's make the new thread... A "Stoney vs VZ" portfolio.... he totally backed down. Too bad. It would definitely garnish a lot of clicks, which he seems to like, as proclaimed in his "Google knows me now" post. Was he scared? Beats me.
Good Morning GM.--- Late start my Knicks got beat again-! I saw Paypal had a margin issue-- the overall number looked strong. I'll have to dig through the report later. Ted we may be having a pop off top on our pasta stock. They reported about 2 weeks ago so the vol surge yesterday is telling me the name is being passed around now. Or it's a buyout candidate-? I've been on this name since $1.80 so I probably have more air to risk-- just letting you know I may dip soon. MamaMancini's Holdings, Inc. (MMMB)- 9 out of 10 days up! NasdaqCM - NasdaqCM Real Time Price. 2.8100+0.3100 (+12.40%) At close: May 8 04:00PM EDT 2.8200 +0.01 (+0.36%) Pre-Market: 08:00AM EDT
Keeping an eye on PTON- It may of bottomed at $7.20 my indicators are saying so but lets get a litle more oomph to the move. Peloton Interactive, Inc. (PTON) NasdaqGS - NasdaqGS Real Time Price. 8.09+0.28 (+3.59%) At close: May 8 04:00PM EDT
UPDATE- I tried to catch a falling knife with this one down from the $50's yesterday showed some strength. Maybe bottomed now for real<-- watch! That $34.50 area is going to be more of a ceiling now, I think we can wait for the stk to clear that mark before going hog wild. GTLB GitLab Inc. $30.21 +2.50 (+9.02%)4:00 PM 05/08/23