watched this and xp play out similar for you, i think you got over attached and since you have a following it died out when you started selling
only reason im replying is to say that if you want to start cutting your position you shouldnt post a negative thesis (even if its explicitly short term) you do not have to explain yourself
Leopold is about to get finished off for good
Jul 29: Situational Awareness gets margin called after 4x leveraged AI bets blow up
Jul 30: Citadel acquires his entire public portfolio in a fire sale
Jul 31: Leopold gives up all leverage, closes every short, tells investors "we let you down"
Sep 11: News outlets announce he's back. Buying options on AI and memory stocks
Sep 12: Anthropic CEO Dario Amodei publishes an essay calling for the entire AI industry to slow down
Markets open today and Leopold's option holdings plummet 5.7% to 9.0%
• $AMD: -5.7%
• $BE: -7.3%
• $CRWV: -9.0%
• $SKHY: -7.5%
• $SNDK: -6.2%
• $DRAM: -6.8%
Higher ups don't want him winning
been looking into @AmoebaFarm and this is probably one of the more interesting launches on @LaunchOnSF so far.
dumbed down, Amoeba basically lets you long or short tech components themselves. stuff like RAM, memory, storage, compute, robotics parts etc.
instead of buying a stock because you think memory prices are going up, Amoeba takes real world hardware prices, brings them onchain through their oracle and creates markets around them.
RAM prices going up? long it. storage prices going down? short it.
what makes the stonk launch even more interesting is that they paired it with tokenized SanDisk ($SNDK), which is literally a flash memory/storage company and directly tied to one of the markets Amoeba is building around.
so you have a tech protocol building markets for memory and storage paired with an actual tokenized memory/storage stock.
from what i've seen this is basically a first of its kind on stonk. most launches are memes paired with stocks, while this is an actual tech product paired with a stock from the exact industry they're building for.
stonk's main token has already been around the $200m+ range and now you're starting to see more interesting experiments (Amoeba) built on top of the platform.
Amoeba's bigger idea is pretty simple, make the building blocks of tech tradeable.
RAM, storage, compute, robotics etc.
instead of betting on the company making the tech, you're betting on the tech itself.
spent so long looking at charts the last few weeks but ive felt that today was the first day i understood what was happening and finally fixed my issue with patience, theres no need to run from trade to trade looking for profit, profit is plentiful in a bull market