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The Memes of Yesteryear

AMC Entertainment has lost two-thirds of its value in less than a year’s time, and yet it remains one of the most consistently popular tickers to trade, with tens of millions of shares trading every single weekday. I’ve never understood…

RIPian

Remember Rivian? The car company that had sold ZERO production vehicles and had a market cap greater than VOLKSWAGEN? That Rivian? Yeah, that one. They’ve lost 50% of their value in the past seven weeks. It’s probably still overpriced b…

Post-Haste

After the excitement of yesterday, it’s nice to wake up to a relatively calm market. I always find it amusing that investment banks claim to pay top dollar to get their microwave transmission towers a few milliseconds …

Way Paid

Back on December 6th, precisely a month ago, I did a post called No Way? Way! which suggested shorting Wayfair (symbol W). Well, $60 in a month’s time isn’t bad! The arrow marks the post: Looking at the longer-term chart, I’d say …