$QXO Inc (QXO.US)$ the company sells 789 million shares and ...
$QXO Inc (QXO.US)$ the company sells 789 million shares and 197 million in warrants to pay off investors and institutions 😎that’s the news
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10baggerbamm : the companies in recent days that have had these massive surges and swings have no options they have no underlying stock options so if you look at serve robotics which is going ballistic again there's no options. so there's no way for anybody to hedge against the movement to cover short positions anything like that and that's the same thing here there's no options
Just Care Bears OP 10baggerbamm :![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)
Iwanttolive 10baggerbamm : Do you think buying is recommended at this level?
10baggerbamm Iwanttolive : I'm not the one to ask I don't like speculating on companies I'm not familiar with it literally becomes a dart throw. everyday I see these small cap penny stocks go up 50 100% And you go shit man I'd love to be in one of those but the reality is it's more of a technical play it's a squeeze I don't know if it's the Red army to figure this stuff out or people on this forum or elsewhere's most of those companies have little to no fundamentals they're losing money they've been in a downward slide people see short positions so for me I would rather tell someone buy the best companies that are making the most money that have been slammed that our Market leaders and you know buy Tesla. yeah just took a hit and yeah their car sales are down but if you don't listen to Elon Musk what he's saying about the future and where it's going and how they're going to solve autonomous driving and the things are doing with energy storage right now that no one's really looking at and if you listen to Jensen talk about robotics and everyone's going to have a robot I mean it's right in line with what Elon Musk is saying where the futures going and we're living the future right now. so that would be my advice to people is by the best companies that you can and even though you might suffer with some short-term pain ultimately you should be vindicated with a nice return on your investment. but these little ones that are up down enormous unless you're fortunate enough to have been in them before the move I think most people lose money chasing because when a reverse is it's an elevator straight down and then you're stuck with the company that you know nothing about
Iwanttolive 10baggerbamm : Thanks for the insight
Just Care Bears OP Iwanttolive : I bought some at 12 it will bounce back its a good company if you look at the fundamentals
Just Care Bears OP : Won’t be bad to hold for a week