Looks like shorts are getting squeezed out of tech stocks, and this garbage is considered a tech stock.
It's all algos trading, there's absolutely no basis in fundamentals, but you can't fight the market. Just play earnings again next quarter, it'll suck again.
It's all algos trading, there's absolutely no basis in fundamentals, but you can't fight the market. Just play earnings again next quarter, it'll suck again.
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Even garbage floats on a rising tide.Getting close to my target but make sure you watch what NQ1! (NDX futures) is doing before you short any tech.
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Constantly amazed by this PoS, but it's part of the algos so it has to move with the market. Computers don't care if this is a PoS money losing company.Just based on chart patterns this could hit $50 again. Will re-plot when there's a pattern. For now the resistance is at $45
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Complete garbage but the chart pattern is the exact same as ARKK. Don;t short PD unless you expect tech to tank.交易开始
I think it's done. Grabbed some July $40 puts. Small position.交易手动结束
Decided to close everything out except some PDD puts with the profits from today. Closed out PD with a small loss. Going mostly cash for the weekend.注释
Sharp reversal on options expiration selloff. Decided to buy SFIX puts instead this afternoon, but this looks like a top
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