Your morning dashboard: PINS is buzzing
S&P Futures are up 0.07% today, Nasdaq is down 0.11% Europe is up 1.39% Oil is up 0.52%, Dollar Index, is up 0.14% etc.
In the news, Stock futures are mixed as Big Tech earnings roll in, Fed decision looms (cnbc.com)
On Wallstreetbets, MVIS, GME, AMD, TSLA, and MSFT are dominating the conversation over the last 24 hours.
Here's what people had to say:
“Okay I get it, you think you’re super cool because you know what a DCF model is. I’ve been holding thousands of MVIS shares for over a year now, averaging just under $6. MVIS lidar technology is the best in the world, and compared to other companies like LAZR (with inferior technology), MVIS is still extremely undervalued. If you want numbers, look them up yourself. About a month ago MVIS signed a contract with the U.S Army worth up to $21.9 billion. The CEO of MVIS has made it very clear that MVIS is looking to be acquired, and more so, MVIS has a new A-Sample which will be shown in the next few days. If you think WSB had any effect on the price movement of a multi-billion dollar company, you’re an idiot. And if you think a stock is going to run up over 200% in 4 days, and not have a pullback, you’re an even bigger idiot.”
“Do you buy more shares as your position changes? Or do you keep the same number of shares once you start? If you shorted this company at $10, you'd short them big at $200 or $250. You guys think the shorts just stayed low, they didn't, and new ones piled in at the super high numbers. GME will be at $40 EOY, if you haven't noticed all of the intelligent people have left the sub, or contribute very little. This is a dead horse”
“Why is everyone mAking such a fuss about AMD? I bought in the 50s last year, and a few months back at high 80s. Then it dipped. I was expecting the stock to have gone up much higher to at least get out of the red. But it’s been in the 70s/80s for months now. You people are so dramatic.”
“According to "my gut" analysis, TSLA will probably reach 500 before 1000”
“Don’t forget about the military contract MSFT made recently for augmented reality, either. Edit: Also, disappointed in myself for only buying 4 shares when it was just over $1 months ago.”
Wanna hear about wallstreetbets stonk trades before CNN whines about them?