movetheboat
Well-Known Angler
it's bouncing back today....after missing forecasts it got a few upgrades from analysts this morning...they probaBLY got caught LONG and the big guys don't like to lose
The stock market
- Thread starter movetheboat
- Start date
it's bouncing back today....after missing forecasts it got a few upgrades from analysts this morning...they probaBLY got caught LONG and the big guys don't like to lose
movetheboat
Well-Known Angler
tesla up another 55 points today...getting nuts
Snapprhead27
Well-Known Angler
Bought some GEVO yesterday, buddy at work as been messing with it. Let's see what happens.
Snapprhead27
Well-Known Angler
NIO climbing back
wader
Well-Known Angler
JoeBfishing
Well-Known Angler
Loving mi Apple...?
movetheboat
Well-Known Angler
Good Lord...tesla up 89 now!! get up there!!!!
BennyV
Well-Known Angler
Can’t watch anymore. The bookshelf with the crooked books behind the guy in the green pajamas is driving me nuts.
movetheboat
Well-Known Angler
most post penny stocks are scam shell companies...they rely on new buyers to sell their shares to...like a pyramid scheme...they are crooked!!!
movetheboat
Well-Known Angler
https://www.cnbc.com/video/2012/10/11/the-mad-max-of-wall-street.html
watch this when u can....I belonged to this guys group in 2000 for 600.00 a month subscription.....short sold thru off shore accounts(Canada) and exposed phony penny stock companies...he also exposed phony reporting on real companies...made powerful crooked enemies...they railroaded this guy bigtime when they got the chance and ruined him. When he got out of jail he killed himself (supposedly)
watch this when u can....I belonged to this guys group in 2000 for 600.00 a month subscription.....short sold thru off shore accounts(Canada) and exposed phony penny stock companies...he also exposed phony reporting on real companies...made powerful crooked enemies...they railroaded this guy bigtime when they got the chance and ruined him. When he got out of jail he killed himself (supposedly)
Not at all surprising...
‘The Big Short 2.0’: How Hedge Funds Profited Off the Pain of Malls
As the pandemic accelerated the demise of some brick-and-mortar retailers, a group of investors profited handsomely from their travails.
Social distancing rules during the pandemic have thinned out foot traffic at malls, including the Galleria Dallas.Credit...Nitashia Johnson for The New York Times
By Kate Kelly
Ms. McKee was about to make her case to Carl Icahn, one of the country’s best-known investors, who had made a similar wager and invited her team to discuss the trade. Nothing would bolster her confidence — and the prospects for her trade — more than if the billionaire and onetime corporate raider backed her up.
She needn’t have worried. As Ms. McKee sat in Mr. Icahn’s wood-paneled boardroom with a sweeping view of Manhattan’s Central Park, discussing her thesis with the 83-year-old investor, she realized they shared the same outlook. Both agreed that e-commerce, changing consumer habits and evolving demographics had pummeled all malls to some degree in recent years, but some were far worse off than others. So by betting on their demise, both could profit handsomely — which they did.
Mr. Icahn, whose hostile takeover of TWA in the 1980s established him as a major dealmaker, has made $1.3 billion on the trade since that meeting. And the investors that made the trade within Ms. McKee’s firm, MP Securitized Credit Partners, more than doubled their money. They are among a handful of investors who have, collectively, made hundreds of millions of dollars on similar trades this year.
Read entire article here: ‘The Big Short 2.0’: How Hedge Funds Profited Off the Pain of Malls
‘The Big Short 2.0’: How Hedge Funds Profited Off the Pain of Malls
As the pandemic accelerated the demise of some brick-and-mortar retailers, a group of investors profited handsomely from their travails.
Social distancing rules during the pandemic have thinned out foot traffic at malls, including the Galleria Dallas.Credit...Nitashia Johnson for The New York Times
By Kate Kelly
- Aug. 24, 2020, 5:00 a.m. ET
Ms. McKee was about to make her case to Carl Icahn, one of the country’s best-known investors, who had made a similar wager and invited her team to discuss the trade. Nothing would bolster her confidence — and the prospects for her trade — more than if the billionaire and onetime corporate raider backed her up.
She needn’t have worried. As Ms. McKee sat in Mr. Icahn’s wood-paneled boardroom with a sweeping view of Manhattan’s Central Park, discussing her thesis with the 83-year-old investor, she realized they shared the same outlook. Both agreed that e-commerce, changing consumer habits and evolving demographics had pummeled all malls to some degree in recent years, but some were far worse off than others. So by betting on their demise, both could profit handsomely — which they did.
Mr. Icahn, whose hostile takeover of TWA in the 1980s established him as a major dealmaker, has made $1.3 billion on the trade since that meeting. And the investors that made the trade within Ms. McKee’s firm, MP Securitized Credit Partners, more than doubled their money. They are among a handful of investors who have, collectively, made hundreds of millions of dollars on similar trades this year.
Read entire article here: ‘The Big Short 2.0’: How Hedge Funds Profited Off the Pain of Malls
wader
Well-Known Angler
beginning to approach it's 52 week high - told ya it would snap back
It was oversold.
finance.yahoo.com
It was oversold.
Estee Lauder Got Another Upgrade. Wall Street Is Coming Around to the Stock.
RBC Capital Markets’ Nik Modi joined the bulls, boosting his rating on the shares to Outperform from Sector Perform, and his price target to $240 from $194.
finance.yahoo.com
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