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TTD up almost 40% since Friday close after a good earnings report and analysts raised the target price.
It may rally a little longer, but will probably fall off soon when some start taking some of their profits. |
Originally Posted by open87
(Post 4729324)
What was just witnessed in the last twenty minutes of trading was a point blank headshot to any notion that there is true price discovery in any asset in this market.
The DOW shot up 1400 points in ten minutes. Where was the circuit breaker on that? A total coordinated cross asset buy across all markets executed faster than any human being could ever attempt. An actual impossible move. The president announces a national emergency and the market jumps 2000 points. An exact timestamp that will forever be known in history as the most ****ed up moment in existence. People who are alive now can look back in the future at Friday March 13th 2020 as the day when the United States of America ended. Make no mistake. It is over. The Fed is handing $4.5 trillion to Wall Street to save an artificial construct of the economy while the real economy implodes. Everyone in Washington and the whores of Wall Street should all be ripped from their happy dance and executed on the spot. -ADR |
I’m getting my ass kicked today…
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Originally Posted by 1MOSES1
(Post 4811935)
I’m getting my ass kicked today…
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Buy when there's blood in the streets. Started some CURLF $9.2's - an OTC domestic pot play. The play being you hope the Dems can get the Safe Banking act and decriminalize pot which would allow the domestic US pot plays uplist to the major exchanges which would allow funds to buy them.
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Originally Posted by Marginmn
(Post 4811938)
Buy when there's blood in the streets. Started some CURLF $9.2's - an OTC domestic pot play. The play being you hope the Dems can get the Safe Banking act and decriminalize pot which would allow the domestic US pot plays uplist to the major exchanges which would allow funds to buy them.
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Originally Posted by Wildman_grafix
(Post 4811939)
That sounds pretty risky, counting on them to get anything else passed with such a slim majority. No way the GOP will go for it.
He's not happy with just changing the law. He's holding out for a broad bill that would expunge all past convictions for pot offenses, even for illegals, and carve outs for minority ownership of pot businesses. Even the Dems are tiring of his ****. On Friday a Republican introduced a legalization bill trying to get a compromise. There is bipartisan support for a bill and I suspect something will get done before the mid-terms. Both sides know the chances will be much less under a split or Republican Congress. But there is a ton of money at stake and I think they get something done. |
Originally Posted by Marginmn
(Post 4811948)
There's bipartisan support for the Safe Banking Act which would allow US banks to do business with cannabis companies in state's that have legalized pot. In fact the House has already passed it. If that were to pass in the Senate the domestic pots would be able to up-list and reflect the true value of their growing businesses - which would be multiples of what they are trading at now. The fly in the ointment (believe it or not) is that ass-hat Corey Booker in the Senate.
He's not happy with just changing the law. He's holding out for a broad bill that would expunge all past convictions for pot offenses, even for illegals, and carve outs for minority ownership of pot businesses. Even the Dems are tiring of his ****. On Friday a Republican introduced a legalization bill trying to get a compromise. There is bipartisan support for a bill and I suspect something will get done before the mid-terms. Both sides know the chances will be much less under a split or Republican Congress. But there is a ton of money at stake and I think they get something done. |
Originally Posted by 1MOSES1
(Post 4811935)
I’m getting my ass kicked today…
Originally Posted by Marginmn
(Post 4811936)
Me too - it's fugly out there at the moment. Getting a nice ass whipping. CPI numbers were bad - fear of Evergreen contagion. Take your pick. It's brutal out there. .
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Me four …. Be patient and this also will pass
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