New bets were made. Reporting week ahead.
Stock 1: PLS.ASX
Is it time to take profit? The profit for this stock is standing at 162% x 5 = 809%. It got a bit ahead of itself, but there is a short-squeeze potential. This stock still has got 15.8% shares sold or held short. That’s a lot to rebuy. I will check the opening and then decide whether to take it or let it run more. If the short squeeze plays out this stock might go to $10 or more. The target for the short-term is $4, which is reachable from the chart viewing point.
Stock 2: PLTR
I couldn’t resist as this meme stock is going up and up and upper. It has reached ridiculous highs now and I took only a little short bet, as the insanity risk is still there. Let’s see if I am correct this time. Tomorrow numbers come out to the table and we can see if it is really like what market thinks it is. Or if it’s the most bubbled up stock in the history of the stock market. (That’s what I think)
Stock 3: TSLA
Next week is reporting week here, too. The news on the way to this report was bad and worse and garbage. Still, the stock price was rising all along. Something is terribly wrong with this stock. I hold my short sales position and looking forward to Scammer ELONs bla bla shit show. I will not underestimate his scamming skills any more, but it’s hard to scam with facts.
Commodity 1: GOLD
I am still waiting to find a good entry price. $4000 seemed good and I canceled my $3500 long order. This got me some more free powder to make the other bets. Now I have no free margin to take a bet. But soon I have to take a position here, because I think the general direction is up.
Stock 4: SNDK
Sandisk was on my radar for quite some time and I have been waiting for a correction of the stock price for a while now. After the correction didn’t come, I got fed up with seeing the price just going up and up and just made a bet. I hope my emotion didn’t lead me to the wrong decision. (Hope is never good 😉 ). But it’s not a big bet, so let’s see.
Numbers
So here are the numbers of week 17.
The profit is at around 138% now (€4655 – €1950 / €1950). A very interesting week will come up.