After losing a little could not refuse buying back at $60, only 200 shares and now its time to bail. The After Hours Sword swings both ways, my DGLY tanks but NKLA moves up. Going to try to get $84-$87, stop out at $78. Crazy pumps are insane. Good Luck, its $82.5 so this is not a promotion blog.
Crazy pumps because of the trillions that fed has pumped into the system. NKLA was $34 last week during ipo today $85. Based on what, oh thats right fear of missing out. Money from the fed has already created euphoria in the markets and its only been weeks since they started once again to pump up wallstreet. NKLA is going to be pumped up just like the rest of the market, and since its a competitor to tesla more people are even happier to jump on this stock....i sure don't believe this stock is anything fascinating, something I don't like about it that I can't figure out but the hype the last 2 days is just hilarious.
This scares the hell out of me because so many people are going think Trading is the most easy thing on Earth. When will the Piper get his due? This stock is going to hit $90 because people don't like getting 1.4 percent on $100k plus in their Super Money Market fund,
While I am talking to myself, reading Citron's Twitter their lamenting why companies like AAL or HTZ are going crazy and what do Robinhood traders know Warren Buffet does not? While writing, NKLA hit $93.3 so is this all Short Squeeze or stupid money?
They also took I wouldn't call the that a short squeeze, nkla just started trading a few days ago. Its stupid money.
I bought some IZEA around the $1 mark thinking it would hit $1.5-$1.7 tomorrow, stupid stock is taking out $1.60 now. Everyone is chasing stocks, how do you avoid making any Macro opinions when the World is upside down?
How crazy is it . You can't make this up . Chk closed at $67 up $42 today. Somebody bought at $84 in after hrs . Report hit their about to file BK. . Stock only fell to its closing price of $67 . This has been 1999 on steroids .
The stock literally has doubled in a day and just started trading at the end of last week and you think its a short squeeze????