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July CPI meets expectations, inflation eases: Will the expected cuts be significant?
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$Reddit (RDDT.US)$ let's talk about facts the fact is the mo...

$Reddit (RDDT.US)$ let's talk about facts the fact is the moving average for 20 days is at $60.43
the fact is Reddit beat the Street raised forward guidance
the fact is you had some institution on why the massive position and prevented it from rallying when the market rallied in the past week.
I don't see those cells anymore I mentioned it yesterday I think whoever was unwinding is gone
so you've got a dollar fifty to two bucks downside on bad news or an economic event and you've got near term over $60 for an upside and if it crosses that going into next quarter I think you'll see euphoria pushing it back to close to 70
so quit pussy footing around over 50 cents one way or another you need to step up to the plate and you need to swing at the ball in order to get on base to put points on the board meaning get up buy the freaking stock pull the trigger buy it. if you want to be a little cautious by half your position if something happens between Iran and Israel today we're going to get smoked the market will be down it'll lose all of its gains and you can use that as an opportunity to buy more if tomorrow's CPI is stronger than expected we're going to get smacked hard use that as an opportunity to buy your other half I don't think consumer prices tomorrow are going to be higher why because oil prices fell for the most part the past month. I don't think they're going to be high cuz you got companies like Home Depot missing so the demand is not there on the consumer side to drive prices higher.
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  • 10baggerbamm OP : well that's an enormous sale I just saw a 334,000 share sell so evidently there is still some institution that has some stock that they're trying to cross and get out of. that big block did not hit the bed it would have taken it down $2 $3 so they're working an order to sell with a market maker and when they finish the sale then they post the print and that's what we just saw. so you had an influx of buyers nibbling this morning that ate up there block that they were selling they posted the buys as they happened real time and then they posted the one price print that the averaged out on the sell. the good news is they're not hitting bids they're letting a market maker work the order for them so it is not causing a downward pressure in the stock

35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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