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Old 04-18-2022, 09:48 AM   #3276
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So what happens with twitter? Does Elon put a group together and everyone get 14.9% until they control the majority? Or does he dump his shares?
Yeah… I’m still not sure how things will shake out. I often think Elon just likes to stir the pot (which he def has in this case) but I’m not sure he ever pulls off control.
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Old 04-18-2022, 08:29 PM   #3277
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So what happens with twitter? Does Elon put a group together and everyone get 14.9% until they control the majority? Or does he dump his shares?
I think he’s smarter than anyone at Twitter and is 10 steps ahead of every single one of them. He’s the bully in a Monopoly game that I’m rooting for. 😂
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Old 04-18-2022, 10:49 PM   #3278
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I think he’s smarter than anyone at Twitter and is 10 steps ahead of every single one of them. He’s the bully in a Monopoly game that I’m rooting for.

He definitely thinks he’s smarter than anyone at twitter.
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Old 04-18-2022, 11:52 PM   #3279
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His cars are built like crap and now he's going to fix Twitter... sure
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Old 04-19-2022, 05:51 PM   #3280
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Wow… Netflix tanking 25% after hours.
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Old 04-19-2022, 05:55 PM   #3281
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Lol Ackman
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Old 04-19-2022, 05:58 PM   #3282
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Wow… Netflix tanking 25% after hours.
It started tanking right at 4pm before they even released the earnings. It was like some people knew it was going to be really bad and dumped.
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Old 04-19-2022, 06:01 PM   #3283
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And I just looked at its multi-year chart and it has dropped down to pre-COVID levels. That’s quite a fall.
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Old 04-19-2022, 10:07 PM   #3284
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And I just looked at its multi-year chart and it has dropped down to pre-COVID levels. That’s quite a fall.
That's how it should be.
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Old 04-20-2022, 05:52 AM   #3285
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Old 04-20-2022, 08:01 AM   #3286
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6 month chart is extreme. Just imagine someone bragging about their NFLX investment doing so well at Thanksgiving has now lost 60% of that position 6 months later.

And Netflix is talking about adding ads as a “solution”!? I don’t think that will work out too well. They need better content. Particularly movies. HBOMax and even Showtime (with the A24 stuff) seem to have better content.

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Old 04-20-2022, 08:27 AM   #3287
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Did anyone follow me into WOOF at the end of March? Not sure if I posted that one here.
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Old 04-20-2022, 08:53 AM   #3288
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NFLX has now dropped a third of its value this morning.

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Old 04-20-2022, 09:00 AM   #3289
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-35% now.

Beautiful.
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Old 04-20-2022, 09:07 AM   #3290
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-35% now.

Beautiful.
I don’t know how they dig themselves out of this hole now. Content-wise they have really fallen far now that there is so much competition in the streaming space.
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Old 04-20-2022, 11:49 AM   #3291
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We opened in nflx at $221.
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Old 04-20-2022, 03:29 PM   #3292
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We opened in nflx at $221.
Balls of steel.
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Old 04-20-2022, 03:42 PM   #3293
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Balls of steel.
I would bet they sold calls against the position. IV pretty high right now, probably not a bad move to be honest.
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Old 04-20-2022, 05:08 PM   #3294
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Balls of steel.
We have to trade against the market to beat the index funds. It’s a swing trade and josh is correct. We opened options positions for insurance and for an income stream.
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Old 04-20-2022, 06:43 PM   #3295
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Lol Ackman
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Old 04-20-2022, 06:50 PM   #3296
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And here's the letter for anyone interested:

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Old 04-20-2022, 07:32 PM   #3297
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And here's the letter for anyone interested:

Pershing is down 2% YTD?

My team is absolutely thrashing Pershing. Obviously to a lesser scale but it sounds like I need to do something nice for my people.
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Old 04-21-2022, 08:11 AM   #3298
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It appears not every streaming service is struggling. HBOMax is probably the best one in terms of overall content at the moment.

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Old 04-21-2022, 08:21 AM   #3299
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China threatening war with the US - anyone considering a sell off?
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Old 04-21-2022, 08:26 AM   #3300
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-35% now.

Beautiful.
Shouldn’t you be in the gym and fitness thread?
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