LetItFlyHighUp
liked
Due to the Fed's lax monetary policies, 2020 was the year when basically every stock went up. Stocks of pre-revenue companies shot to the moon in 2020, and then crashed back to earth in 2021, as evidenced in the miracle and then debacle of Cathie Wood's ARKK fund.
The Fed has announced yesterday at the FOMC meeting that they will accelerate tapering and consider three interest rate hikes in 2022, from a rate of 0.08% (right now) to about 1.00%.
Due to increasingly less liquidity in the market throughout 2022, would it be wise to start shorting garbage pre-revenue or negative-revenue companies?
Examples: $FuboTV (FUBO.US)$ , $Opendoor Technologies (OPEN.US)$ , $Virgin Galactic (SPCE.US)$ , $FuelCell Energy (FCEL.US)$ , $Uber Technologies (UBER.US)$ , $Nikola (NKLA.US)$ , $Rivian Automotive (RIVN.US)$ $Lucid Group (LCID.US)$ etc. I know some of these went down a lot already. I'm asking whether there is a high probability that they will decrease in valuations even more.
The Fed has announced yesterday at the FOMC meeting that they will accelerate tapering and consider three interest rate hikes in 2022, from a rate of 0.08% (right now) to about 1.00%.
Due to increasingly less liquidity in the market throughout 2022, would it be wise to start shorting garbage pre-revenue or negative-revenue companies?
Examples: $FuboTV (FUBO.US)$ , $Opendoor Technologies (OPEN.US)$ , $Virgin Galactic (SPCE.US)$ , $FuelCell Energy (FCEL.US)$ , $Uber Technologies (UBER.US)$ , $Nikola (NKLA.US)$ , $Rivian Automotive (RIVN.US)$ $Lucid Group (LCID.US)$ etc. I know some of these went down a lot already. I'm asking whether there is a high probability that they will decrease in valuations even more.
36
5
LetItFlyHighUp
liked
$Meta Materials (MMAT.US)$
$MMATMeta Materials CEO, & CFO has shares at $4+ and many institutions has shares over $5
Just know what you hold!
Link
$MMATMeta Materials CEO, & CFO has shares at $4+ and many institutions has shares over $5
Just know what you hold!
Link
10
LetItFlyHighUp
liked
67
15
LetItFlyHighUp
liked
$Meta Materials (MMAT.US)$ hey @OldNormanBatescan I check if you’re still in on MMAT? seems to have no end to the bottom and there’s no news from the company too. any thoughts if we should just cut our losses here?
11
5
LetItFlyHighUp
liked
$Meta Materials (MMAT.US)$ Go, go up 📈
Translated
7
LetItFlyHighUp
liked
$Grab Holdings (GRAB.US)$
almost 50% off its debut price.
almost 50% off its debut price.
5
LetItFlyHighUp
liked
$Petros Pharmaceuticals (PTPI.US)$ come on this should be 4 by now
5
LetItFlyHighUp
liked
$Biofrontera (BFRI.US)$ I haven't seen him for a few days. This kid came back around so quickly. He can enter the market around 4.4, stop loss 4.19, and take profit 5.7 to 6.5 to 7.5 (there are also a few more prices that need to skyrocket to reach 8.5 to 9.5 to 10.2 to 11.15)
Translated
9
5
LetItFlyHighUp
liked
$Ardelyx (ARDX.US)$ Hurry up and push the top 10 after the market
Translated
7
LetItFlyHighUp
liked
$Petros Pharmaceuticals (PTPI.US)$ will it reach 3.5?
5
4