No, this shit is confusing. Full regard mode... EPS was indeed a beat. Their sales projections (forecast) was lowered to 8-14% vs. prior was 13-21%. So, their guidance was weak, and that's why the sell off. The EPS tells us they are operating efficiency, but seeing growth slow that much (even if short term) means your cash would probably grow more elsewhere, so people took gains and walked.
My feeling is a lot of funds/professional “Money” will be banking winning stocks to secure Year End Bonuses. This happens in November in Markets that have been on fire. This seems to be occurring. As opposed to AU itself which has tested $4000/oz and remained quite resilient. Personally, I’m adding to my positions today in precious metals miner SBSW and more ASTS and SHOP on these dips. All 3 of these have been huge winners for me already this year and I’ll continue to add and hold long term.
Someone in this sub told me that Burry cashed out his PUTS money. Is he allowed to do like that, just after a day or two?
If he has done so, then the entire stock market thing is bullshit. He is creating panic and making money in the short term because he is an influential member. If it's true, I will leave the stock market forever.
Can someone here please clarify this?
My guy at any point within the last two months this would have been a great play but you are tempting fate at this point. Regardless of how you feel about BTC/MSTR long term , they are overdue for a strong bounce.