OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[johnnyredstorm]

Selling ipob. He’s buying open door which is a tech company that flips houses. Using this pump ah to exit.

 

[crownedhead]

I'm hearing 9/16 for Snowflake IPO

Can anyone confirm?

Like y'all said, this one is going to pump crazy at IPO day 1. Not really sure how to play it honestly.

 

[johnnyredstorm]

That’s what I heard. My plan is to buy some right off the open and add into it if there’s a trend and look to dca over time.

good thread to understand snow if you’re confused

 

[アミーゴ]

Honestly will open closer to 100 than 80

 

[OprahsBabyDaddy6]

I can’t find SNOW anywhere on Webull. It’s available for purchasing shares sept 16 then?

 

[アミーゴ]

I can’t find SNOW anywhere on Webull. It’s available for purchasing shares sept 16 then?

Yep

So is everyone in this thread buying SNOW? If so... this will be my largest play ever

 

[noskey]

Yep

So is everyone in this thread buying SNOW? If so... this will be my largest play ever

Im only in it to follow your lead Did some reading and I like what I'm seeing, but isnt that the point of all roadshow and ipo docs?

 

[jjs]

Yep

So is everyone in this thread buying SNOW? If so... this will be my largest play ever

Let’s ride babaaaaay

 

[ShoeGod1423]

Yep

So is everyone in this thread buying SNOW? If so... this will be my largest play ever

Well when we got big dogs like you and johnnyredstorm talking it up like it's the next coming of jesus why wouldn't we all be tryin to buy in?!?!

 

[アミーゴ]

Im only in it to follow your lead Did some reading and I like what I'm seeing, but isnt that the point of all roadshow and ipo docs?

Funny enough - I haven’t heard a PEEP about it, obviously they did it remotely but idk how that makes me feel

 

[lazyj10]

Snow and unity are the two id partake in. We’ll see if I can free up some capital over the next week

 

[アミーゴ]

Snow and unity are the two id partake in. We’ll see if I can free up some capital over the next week

JFROG will be worth it

 

[ShoeGod1423]

JFROG will be worth it

 

[アミーゴ]

Unity BUY at 37-39

 

[truss]

@johnnyredstorn ark buying PD again

 

[noskey]

Funny enough - I haven’t heard a PEEP about it, obviously they did it remotely but idk how that makes me feel

COVID times are wild times. Probably not the last time we'll see roadshows that dont hit the road.

To add to what I said, some of what I read gave me good feelings about investing, e.g. early investors like Sequoia and Redwood; margins and growth; customer focus being larger customers. Providing a sticky service to larger companies is crucial to maintaining cash flow while growing. Can easily pick up small customers, not so easy to pick up large corps. Having them in the bag before going public is great.

Will start with a small position and build after the 90 day lockup ends.

 

[アミーゴ]

Large Corp sales cycle for them is over a year - the moms and pops will be a key

 

[johnnyredstorm]

@johnnyredstorn ark buying PD again

I’ve figured out their strategy with tech. They buy every exaggerated dip. PD and WORK this week. DOCU after it ranked last week. I’d be a buyer in PD closer to 21 and 19 but at the same time, it’s a laggard that cant get any love on the street, and I should probably pass for safer/higher growth investments. Cathie’s also been buying NTDOY nonstop. Everyday she adds to Nintendo. They might actually be onto something and I should probably pull the trigger (but watch when I do she unloads).

 

[tupac003]

@everyone happy Friday! I've got a bunch of appointments and running around to do today so I will not be as available and active as I usually am. If I get a chance to post an alert I will but you all know the drill when it comes to scalping these levels. Watch the 2m chart and wait to enter calls/puts until you see confirmation of a break, bounce or rejection. SPY PLAN: SPY looks like it will be choppy or possibly slightly bearish today based on what I'm seeing on indicators. If we break below 335.06 I would take 333p 0dte w/ targets at 333.68 and 332.63, SL 335.73. If we manage to make a bullish move I'd be looking for a break over 336.25 and would take 338c 0dte w/ targets at 337.15 and 338.14 Follow the plan, trade smart, and get yourself some more money to play with this weekend on some SPY scalps. scalps https://www.tradingview.com/x/QIh4bUZW/

Staying cash today. Feeling a bit under the weather.

 

[tupac003]

@everyone BTO SPY 332p 9/11 @ .75 (scalp, you should already be in)

@everyone BTO ADBE 550c 9/18 @ 2.05 this is about earnings next week
@everyone first ADBE target 488.92. However boss said not to get married to a trade in this market.

 

[johnnyredstorm]

Grabbing 2 shares of pton as a feeler. Will add 3 more when a base is built.

 

[tupac003]

Close the spy puts if you were in.

 

[jjs]

Next week will be interesting with jfrog, snow and unity.

I will have to move some positions to free up extra cash.

 

[johnnyredstorm]

I like frog and u long term gonna just wait them out to see how they trade.

 

[tupac003]

@everyone STC ADBE 550c 9/18 @ 2.25 not liking it