📈 Stocks | Technical Analysis | Market Commentary. Sharp eyes on what’s happening.
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🦅 Eyes & Talon retweeted
BREAKING: Alphabet stock, $GOOGL, falls over -8% after posting weaker than expected earnings.
When your trust in a company is broken, I can’t invest in it. I can’t tell you how pissed I was when $BB released news you should have at the earnings or upcoming earnings, but instead released it randomly and the CEO sold 30% of his entire holdings into that rally. Shook my trust and makes it hard. The timing of the news and the sale was just inappropriate. And it was NOT predetermined scheduled sales. It was discretionary with that inside information. They released the news, he sold into the news rally. You just can’t do that man. It’s @john_giamatteo He should have made a statement about that instead of being silent about it.
🦅 Eyes & Talon retweeted
Elon Musk just told the entire world that the AI bubble has popped... buckle up.
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
🦅 Eyes & Talon retweeted
BREAKING: Netanyahu says Iran has now restarted its nuclear program and intends to destroy Israel within a short time.
"Iran has restarted its nuclear program, and it wants to destroy us within a short time," Netanyahu said an hour ago.
IDF Chief of Staff Eyal Zamir has warned that resuming the war this close to Tuesday's election will force the vote to be postponed indefinitely.
Netanyahu said on Wednesday that toppling the Iranian regime is now his directive to the IDF and Mossad.
🦅 Eyes & Talon retweeted
Everyone is solving their problems; you're not as important as you think. No one gives a f**k about you. So stand up and get on. Always consider yourself as important- it will help you progress.
🦅 Eyes & Talon retweeted
BREAKING: Iran has drawn up detailed plans to attack the 7 major undersea Internet cables in the Gulf as soon as the US and Israel attack it again, per two senior Iranian officials to Reuters.
Iran says it would aim to prevent repairs after any attack to prolong the disruption to communications and internet connections.
"If Iran is attacked, there will be no more red lines, from undersea cables to military bases, including covert ones." The official warned US not to "play with fire," saying Iran has full access to the cables and could easily destroy them.
More than 99% of international data traffic travels through undersea cables. Iran warned this month that US-linked data centres and AI facilities across the Gulf will also be targeted.
🦅 Eyes & Talon retweeted
$BB There were several reasons. Mainly when a CEO releases good news only to offload shares into the run, that's messed up. It's not ok. But we don't know for sure if the news and sell are related. The timing is incredibly suspect though. Coupled with lots of global issues, so much up in the air, midterms, the downtrend and erratic behavior of the stock... it's getting harder and harder to see the light a the end of this long tunnel. The lingering debt, the potential to issue new shares by February... there's a lot here to consider. The revenue really isn't all that much. Not at all actually for a company this size, with global staff to pay. The take home is tremendously small. Still stock is a % game. What percentage growth can we see going forward considering the stock price has already priced in the almost 300 million cars, the only Alloy Kore deal was a mere 100million which isn't much at all, and many many other stocks and companies are far more stable in price and the knowables. Very hard to keep holding on when many others are far more stable, predictable, and chartable.
I don't care if it looks like I went from mega bull to doubtful. It's wise to reconsider when things don't play out well. The chart is gross, the CEO offloaded more than he needed after a tax sell in the same month, and the sale was one day after random backlog financial news which isn't even verified and received. I'm starting to ask myself, "what the f does backlogged money even mean??". You are paid or you're not. If it's not guaranteed, it can be cancelled. Future contracts are not in stone, they are expectations. And expectations can fall short of reality.
I wont even consider a re-entry into $BB unless I get another massive dip. It pissed me off. $8.60 maybe... $8.40 more maybe. $8.20 im in. $7.80 im balls in
$BB just when it started FINALLY showing strength, retracing Fibonacci levels (over 8.91 and the almost tagged 9.80), they leak positive news and instead of doing NOTHING which would have maintained confidence in the price action and company financials, the CEO sells massive amounts over two days and it prevents the uptrend and fails the breakout over key resistance areas. Its the BS that makes belief hard. This was literally the WORST time he could do that amid the broader AI uncertainty, global tensions, the stock having a hard time stabilizing and showing uptrend strength after 3.5 months of stalling. I sold all my shares and will hit the gym and wait for after the weekend. Sorry all. Just keeping it real. I'd rather eat my loss (which is small compared to how much ive made overall on Blackberry, then sit here and pretend it's ok what is going on and what the CEO did at the worst time). Stock currently at 8.66. Hit a low on the day of 8.40, rocketed to 8.72 and is thinking. But Its Friday and I can't do this one over the weekend right now. My work is hard, I have shit I need to focus on, and I was WAY over exposed when I bought into strength JUST to have the damn CEO sell so much it fucked the breakout.
$BB I cannot say I am ONE BIT pleased with the positive QNX backlog news being announced nowhere near earnings reports and in a random press release then when it pops, CEO sells discretionary stock over two days in massive amounts.
That insider selling prevented the breakout we hit over $9.30. It then failed to stay over 9.30, dropped under 9, failed to hold supports, is caught up in the broader AI selloffs, and is very difficult to chart right now.
It could break down further to 7.60 - 8.20. Hard to say.
It could rebound to 8.80 and try to break out again.
It sucks to even THINK the trusted CEO would sell on that release as a planned leak to scalp. The hardest part is the chart right now. We can believe in a company but at times, technicals break down and when there are too many uncertainties, things get difficult.
Just wrestling with thoughts today.
Sometimes.... F stocks. Just regular paychecks, fresh air, a hike, a 401k, my wife, my pets, the gym, and some rental property
AM I RIGHT!!!!?? LOL
$BB I cannot say I am ONE BIT pleased with the positive QNX backlog news being announced nowhere near earnings reports and in a random press release then when it pops, CEO sells discretionary stock over two days in massive amounts.
That insider selling prevented the breakout we hit over $9.30. It then failed to stay over 9.30, dropped under 9, failed to hold supports, is caught up in the broader AI selloffs, and is very difficult to chart right now.
It could break down further to 7.60 - 8.20. Hard to say.
It could rebound to 8.80 and try to break out again.
It sucks to even THINK the trusted CEO would sell on that release as a planned leak to scalp. The hardest part is the chart right now. We can believe in a company but at times, technicals break down and when there are too many uncertainties, things get difficult.
Just wrestling with thoughts today.
