Wall Street Pat prediction for April 8, 2024

[Steve Ramone]

I'm not a stockmarket guy so I don't make emotional retard predictions that never come true, but what's the thoughts on this one gang?

 

[Nick Gerlips]

Fucking fat.

 

[Udders]

If he thinks so, let's see his short position. And not the one we saw in the news video.

 

[TomFromNawlins]

Gordo Gekko

 

[IGotATreeOnMyHouse85]

Let’s not forget Mr always right claimed Tesla stock would be under 100 bucks.

How did that go?

Funny how when it comes to the market Wall Street Pat only mention ones related to Elon Musk and Trump. Doesn’t even talk about Ford stock.

 

[Treat Yourself]

 

[Guff]

The Oaf of Oakland Avenue

 

[Sue Lightning]

Let’s not forget Mr always right claimed Tesla stock would be under 100 bucks.

How did that go?
View attachment 192162
Funny how when it comes to the market Wall Street Pat only mention ones related to Elon Musk and Trump. Doesn’t even talk about Ford stock.

All the reddit dummies are banking on the stock tanking because they don’t like the guy behind it. DJT won’t be a penny stock, certainly not within a few months, but it will be worth a handful of dollars by EOY. It’s an utterly worthless social media company bleeding money with a shit amount of users that has no room for growth. They have 0 turn around plan and 0 idea how to become profitable. The only reason the stock even shot up is meme stock level shit and people wanting to invest in Trump, not the company.

 

[IGotATreeOnMyHouse85]

All the reddit dummies are banking on the stock tanking because they don’t like the guy behind it. DJT won’t be a penny stock, certainly not within a few months, but it will be worth a handful of dollars by EOY. It’s an utterly worthless social media company bleeding money with a shit amount of users that has no room for growth. They have 0 turn around plan and 0 idea how to become profitable. The only reason the stock even shot up is meme stock level shit and people wanting to invest in Trump, not the company.

Funny how they hate Tesla and Trump related companies / businesses yet don’t know the names of the “evil 1%” who run all the major publicly traded companies. Shouldn’t they be shitting on people like Jamie Dimon? They don’t even know who he is.

 

[Kim_Jong_Poon_]

If he thinks so, let's see his short position. And not the one we saw in the news video.

You can't short this stock yet

 

[Sue Lightning]

You can't short this stock yet

Yeah you can. It’s just literally such an insane cost to borrow right now that no one without insane capital is shorting it

 

[TorpidSloth]

Fat should be thanking Musk. Him buying Twitter was the death knell of Truth Social. Trump can't sell or use his equity in DJT as collateral for 6 months anyway, so a lot of people will be hoping Fat's prediction comes true, but for it to go to under 5 bucks a share is unlikely, when there are plenty of retards like Joe out there.

 

[Slackjawed Cow]

We have watched pat poorly "invest" money for years. He is down at least -$100k and counting.

 

[Patty's Stubby Fingers]

All you need . . .

 

[TheRevAlJolson]

The Oaf of Oakland Avenue

The Big Shortrib

 

[Antwan2]

I don’t even know what it is but I know he’ll be wrong

 

[Sue Lightning]

Funny how they hate Tesla and Trump related companies / businesses yet don’t know the names of the “evil 1%” who run all the major publicly traded companies. Shouldn’t they be shitting on people like Jamie Dimon? They don’t even know who he is.

He’ll only comment on the stock market with vagueries he gained from Twitter. Shit like “stock buybacks should be illegal” but if you asked him to point to a company abusing them to self enrich while fucking over their workers he couldn’t name any. This is the same dude who didn’t give a fuck about the markets until Gamestop “looked” like it was going to “transfer wealth” from the 1% to the 99% (spoiler: It didn’t and that entire idea came from retards misunderstanding the markets). So of course he looks at DJT and Tesla as extensions of the weird Gamestop shit where they’re not looking at markets but an imaginary game. For example if the DJT stock goes up this is because Russia and the Chinese are funneling their money into the company to give money to Trump!!! (However the fuck they think THAT works) and when the stock goes down it’s a repudiation of Trump or something. You know, rather than any consideration of fundamentals or bid / ask or volume or demand or etc etc etc…

 

[RoxburyRick]

Yeah you can. It’s just literally such an insane cost to borrow right now that no one without insane capital is shorting it

What do high interest rates have to do with options premiums?

 

[Sue Lightning]

What do high interest rates have to do with options premiums?

He said short the stock. Shorting is not options or puts.

 

[RoxburyRick]

He’ll only comment on the stock market with vagueries he gained from Twitter. Shit like “stock buybacks should be illegal” but if you asked him to point to a company abusing them to self enrich while fucking over their workers he couldn’t name any. This is the same dude who didn’t give a fuck about the markets until Gamestop “looked” like it was going to “transfer wealth” from the 1% to the 99% (spoiler: It didn’t and that entire idea came from retards misunderstanding the markets). So of course he looks at DJT and Tesla as extensions of the weird Gamestop shit where they’re not looking at markets but an imaginary game. For example if the DJT stock goes up this is because Russia and the Chinese are funneling their money into the company to give money to Trump!!! (However the fuck they think THAT works) and when the stock goes down it’s a repudiation of Trump or something. You know, rather than any consideration of fundamentals or bid / ask or volume or demand or etc etc etc…

GME was the worst thing to happen to stocks. Short squeezes happen like once a decade but if you check the usual suspects everyone thinks a squeeze is happening if a stock goes up 3% in a day