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by LASR 205 days ago
As someone paying some vague attention to market movements, this was predictable.

News of a deal and hype was largely responsible for the rise. Now that the sentiment is cooling off, it’s dropping back to a more reasonable level.

1 comments

So you shorted Oracle and made money?
Knowing a stock is overpriced and knowing when it will correct precisely enough to profit are very different.
Sure but everyone knows when earnings happens. If you think something is overpriced and a new balance sheet liability will "show" it, shorting around after earnings with something simple (a hedged short or a put) isn't that hard.

If not you're just doing the social media thing where you say opinions that the peanut gallery is likely to agree with and smash the upvote button. I guess it's safer to fish for upvotes than money?

the market will be irrational longer than you are solvent;)
And social media will upvote the preferences of the community over the truth until the heat death of the universe.

This quote is the dumbest thing. There are traders at firms that make money from the market every day. Chances are you may even benefit from products these traders sell to more risk averse people.

It's totally fine to say something like "I'm worried that the actual products that the AI boom are producing won't generate enough revenue to justify these levels of investment." But the silly doomshilling happening constantly makes no sense. Perhaps more saliently, if you treat the market as a source of economic information, the doomshilling seems to offer no new information at all.

how many people here are professional trader firms trading someone else's money. if I broke my children do not eat.

you could say for half of all threads here, don't talk about it, it's all just doomshilling, just shut up and make a bet on polymarket and make some quick buck instead. but to me it sounds like it's censoring people. these talks is why a forum exists.

sure I also agree that some comments like "ah stock is overpriced" doesn't give much useful info. feels like a low effort manipulation somebody would say publicly if he was a trading firm and wanted to get stock lower to buy some. but I would say "why?" not "shut up and go gamble on it".

This is such a poor excuse for not being confident enough in your beliefs to put your own skin in the game. It's revealed preference vs. stated preference.

But in all likelihood, the people saying "I told you so!" never actually knew what they claimed to know.

If you want to know what someone actually believes, don't look at their comments, look at their positions.