NVDA calls were not the play after Wednesday
by u/Outof_ITM in wallstreetbets
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
A Mesmerizing Curve
Found this over on /WSB, of all places, and it’s a beauty:
King of Memes (by Xerxes)
If I haven’t said it before, I’m saying it now. I have a huge disdain for meme stocks mostly because they are a result of improper market behavior. Translation: I can’t get rich off them, so I hate it when other people do.
The whole idea of a free market structure is that the price at any time should, theoretically, represent the sum total of all known public information to arrive at a true valuation for a security. As is usually the case with mathematical or economic theorems, however, reality is often much messier. The meme stock craze was possible because these companies were heavily shorted (as they were fairly unprofitable and seemed worthy of a large decrease in stock price).
(more…)General Mayhem
My short position on General Motors (GM) is only a couple of trading days old, but I’m glad how things are shaping up.
Careful What You Wish For
All through 2022, one of the most hackneyed suggestions from all corners of the web was how someone should make an “Inverse Cramer Fund“. It was perceived as a guaranteed money winner.
Well, someone finally DID make such a fund, and you know precisely what happened: it was launched at pretty much the worst possible moment, and it’s been just withering away ever since.
