So my assumptions and thoughts on this are...
- He thinks it's a good investment.
- Why?
Wow, so just a straight pass on supply and demand? I guess I shouldn't be surprised he said it out loud.
OP ED - number of shares
Assumptions:
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Everyone at the table (EAT) is north of 100 shares or are resigned to have less.
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EAT is holding for record profits whether that is phone numbers, 1 share 1 house, or whatever.
My personal conclusion:
- If I hit 10,000 shares all likely time lines to turn out very very positive.
I have a household and bills and will be Ebaying everything I own (not house or car) to get there.
I see a lot of different ways this can turn out. And I think that, while realizing how little I know, coupled with how much I've learned, I can maximize the number of truly awesome time lines that could happen by taking some real high goals and going after them.
BUY, hold, and ffs DRS.
thanks for listening to me rant.
AI
It's the same process AI is trained with.
A thousand smoothes think random things and the 10% of the apes that can spell derivative throw out the dumbest 90% of the ideas. Rinse repeat
Twitter Cohen tweet
Not a twitter fan but my screen grab broke.
ftx gets crypto liquidated... got it. I think this translates to the other side of those assets, much of which isn't there to be in the red for it.
Don't like Twitter, don't have it. Can anyone chew this up for me?
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List of crypto assets being liquidated
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Rectification of the publication Twitter link
FTX court decision set for today
Markets are on edge as FTX, the beleaguered centralized exchange, gears up for a massive sell-off of digital assets, pending court approval. This development, coming hot on the heels of […] The post FTX’s Move to Offload Billions in Digital Assets Sparks Market Concerns appeared ...
FROM the article
All eyes are now on the court, which is set to make a crucial decision on September 13.
Should the court greenlight the proposal, Galaxy Digital would embark on selling up to $200 million worth of assets on a weekly basis. For the initial week, the limit is capped at $50 million, but it would then rise to $100 million, with FTX having the option to request further increases up to $200 million, subject to the court’s discretion.
I think his tweets are less important to me than they were before, but I still like to see them.
Ryan Cohen tweet ( X )
Ryan Cohen reply tweet. 03/09/2023
Little bit of a test to see if this could be tagged " tweet " or put into a sub folder or what-not.
News sires are truly worthless data
I'll get it from reddit when I get home from work tonight.
I get that it has no direct correlation but it's fun to watch.
Superstonk is like a sinking ship. After it's this far underwater there is no reason to keep watching it.
... so anyway I kept buying.
Gentoo circa 2002. Soooooo over my capabilities at the time
I was looking for an exit from super stonk since redacted started. Some of us know what to do but not how to get there.
There are a few factors past the math equation we can't see. How long the borrow them. Special side deals with lenders and I'm sure other factors.
Even worst case, for them, it's pocket change, a rounding error.
Thing is they can't close without buying a real share.