@JCrossley78@PharmD_KS Makes perfect sense though if you want to buy something other than SpaceX push the narrative that you’re “ raising cash to buy the ipo” that your firm has been in for more than 2 funding rounds. Sell your SpaceX shares to retail buy their abandoned shares at huge discount, profit
@olnosirrah@FinanceLancelot It’s the exact opposite but people don’t think that far ahead. Retail is buying the SpaceX ipo PE are looking for exit liquidity they probably dunked stocks to raise cash to pump the ipo a little but they’re going to be buying the bags retail panic sold. They already own SpaceX.
@the7th_sleeper@accounting_ds Pretty much everything dies on rate hike, this market hates rates being this restrictive. Everything dumped like crazy the last hiking cycle while posting block buster beats
@seer_xyz No worries but I would think they’d exhaust their FCF before diluting or issuing bonds both are unfavorable for Msft at the moment being nowhere near a high and bonds being a bit pricey
@Think2Speak@blondesnmoney Honestly I don’t think that’s over yet, hyperscalers can’t really move up in share price till the chip bottleneck narrative dries up but I don’t think it has yet
@yosaycheese Just about held the range today not closing below 410 and most of that was low volume until buying picked up at the end held up better than the index and some peers. Still looks good to me but I’m no expert on technicals