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Double beat, not much movement AMC. The CEO said "Not out of the woods yet."

It will matter when those hodlers get smashed on a potential miss. Still no release

AMC earnings due after the bell. Going to be interesting for the WSB crowd.

Anyone else waiting an absurdly long time for their tax refund? Filed mine on May 23rd (previously filed an extension), it was e-filed and accepted on the same day. Here we are now over 2 months later and still haven't seen my tax return. Their tracking service still says it is processing...

FCEL having quite the day.

I have also been in NCLH (Norwegian Cruise Lines). Easier chart over the last year, and also massively sold off on the 19th last month.

https://www.wsj.com/articles/highly-vaccinated-states-keep-worst-covid-19-outcomes-in-check-as-delta-spreads-wsj-analysis-shows-11628328602?mod=hp_lead_pos1 None of the vaccines have been 100%. My own cousin, fully vaxxed, got covid last month. Point being, the new spike in cases has a very...

DAL has been the easiest to trade during pandemic. I was buying originally last year in the $25-$26 range and sold ~$45. Busy loading the boat again during maximum fear overpanic about the Delta (covid) variant. The increase in cases is, for the most part, in the unvaccinated. Since this new...

Step ahead of you on this.

Each their own honestly, I tried paper trading for a month and felt nothing. No matter how much I mimic'd my real trade plan, it felt like a video game with zero consequence. Trading 1k share blocks scaling in and out = zero emotion. Then going live and trading with 100-200 share size I was an...

Trading in the Zone is great for audiobook. In fact, I signed up for a free trial of Audible and you're given a freebie and I took this. Trade Mindfully has some charting examples and encourages you to work through some exercises. Probably best grabbing the paperback for that one. Both are top...

I have a couple required reading I recommend before actively day trading. https://www.barnesandnoble.com/w/trading-in-the-zone-mark-douglas/1100623183 Think you can also listen free on YouTube. and https://www.barnesandnoble.com/w/trade-mindfully-gary-dayton/1124374790

Back from my month+ of vacation. Seems I came back to typical august low volume chop. Only plays I see are long term trades on the beaten up travel sector. Possibly an oversold paranoia about the delta variant. I had picked up some DAL / NCLH / CCL over the rough last week(s) for the...

Yikes!! A SPAC Earnings Disaster Leaves Advent Facing $800 Million Loss A SPAC Earnings Disaster Leaves Advent Facing $800 Million Loss

Up another 9% today

Bought NCLH yesterday and it’s up 9% today.

Some serious selling over the last few weeks in the travel sector. some airlines and cruise lines the lowest price since last year.

https://www.wsj.com/articles/electric-truck-startup-lordstown-motors-discloses-justice-department-investigation-11626443066 Color me shocked.

Travel stocks have been fairly beaten up. I’ve picked up small DAL (pre-earnings). I’d like to go bigger, but still cautious of an overdue market pullback. *Disclaimer: I’m on vacation and unplugged from news 98% of the time here.

PSTH in the $20s. Man o man. Imagine those bag holders. Do you really think remainco keeps its nav with no actual spac protection? Highly doubt it with this price action, which was part of my concern and one of my reasons for selling in the first place.

PSTH new all time low. Very happy I cut bait during the DA presentation

Polestar has been out with vehicles sold for a while though. It’s not a Lucid or Lordstown.

My guess today (July 1st) going into holiday weekend: Book some profits and start the 2H green. Enjoy vacation. Come back later when things pick up.

July holiday weekend is start of the bigger summer slowdown. It technically starts in June, but yea.. I expect low volume chop this month. I am actually setting off on a big family road trip today and dont expect to be trading anything until August.

In fairness, everything selling into the holiday weekend. Sell in May and go away!

Never heard of a company being added to an index a week after IPO. That is crazytown.. which has basically been the last year of markets, so I guess it makes sense.

DIDI nearly at issue price of $14 <dumpsterfire.gif>

10 red candles on the 5min chart in a row.

Volume is everything in large cap stocks. You need volume for any appreciable price movement. As Fogel said, low volume price moves often correct. I saw this yesterday with a particular spac that Sanrith and I have been discussing. You would see a big volume share sell diving the price down...

Happy with my read on PSTH price action and selling the news on presentation day. All day today, very small volume on the green candles, big volume sells making lower lows. Struggling to hold 22.50 today. This is going to be driven down to as close to nav as possible and without Ackman doing...

Travel industry pretty beat up today. Bought some DAL and CCL in the long term acct. (CCL share offering dipped it 7% today). Seems a value buy for long term. Small positions with plenty of firepower to add if we have a market washout in the coming week(s).

@Sanrith Descartes fwiw re Fidelity retirement accounts and PSTH:

That is my whole mission currently, to lower cost basis. I am out, but not "out out". Hah. I assume you mean $21.50 cost basis? That was the lowest price on offering day. We dipped to $21.33 on June 4th this month when the UMG target leak happened and this is current historic low price.

Here's what I see on my L2 pricing.

That is my take. Market makers driving the price down to scoop up retail shares. Those sell orders all came and went at the same time, when the price dipped a few cents, they moved down to 22.93 hitting multiple exchanges at once too. Glad I stuck with my gut in selling the news on presentation...

There were 5x orders across different exchanges for 25.5k shares each all at once. (Lightspeed level 2) I had meant to type 150k initially, not 250k

Orders have been pushed down to 22.93. MMs driving this down

Currently >150k shares worth of sell orders sitting at 22.95 ask on PSTH. Ouch

The CNBC coverage of it wasn't so much about the ROTH itself, but the fact he had bought boatloads of undervalued Paypal founder's shares for fractions of a penny each. This in itself is against SEC rules and what is being questioned.

As I said earlier, part of my concern with Remainco is there is no nav protection post-split. If there really is no immediate target, and Bill has no more time constraints of a spac, it can simply be shorted into the ground.