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Wally Fairway

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Posts posted by Wally Fairway

  1. On 12/4/2020 at 10:50 AM, Wally Fairway said:

    Oh no doubt that adding TSLA to the S&P 500 is going to force some of the largest funds/ETF's to buy the stock, so it gave everyone a months notice to front run the buying spree; and just another dagger into the wallet of anyone who has been a TSLA short or call seller/put buyer. Hell there is no reason it doesn't go up another 15% before the 21st - hell Elon should have used this as another chance to have the company sell more shares and stockpile cash at peak prices


    Although if you want to swing for the fences, there can be an argument made that after the run up there will have to be some air let out of the TSLA stock price balloon ..... many have played that game, and most have lost.

    man was I wrong - TSLA only went up >7% just today, the squeeze on funds to find shares to add to their portfolio in 2 more weeks is going to keep sending this higher and higher; leading to the question what happens once the mutuals/ETF's are done buying?

  2. 50 minutes ago, Blotto said:

    All I can do is laugh. This article was written two weeks ago and since then TSLA has appreciated another 15%+. 

    https://www.benzinga.com/news/20/11/18433902/teslas-valuation-is-greater-than-nearly-the-entire-established-auto-industry

    Oh no doubt that adding TSLA to the S&P 500 is going to force some of the largest funds/ETF's to buy the stock, so it gave everyone a months notice to front run the buying spree; and just another dagger into the wallet of anyone who has been a TSLA short or call seller/put buyer. Hell there is no reason it doesn't go up another 15% before the 21st - hell Elon should have used this as another chance to have the company sell more shares and stockpile cash at peak prices


    Although if you want to swing for the fences, there can be an argument made that after the run up there will have to be some air let out of the TSLA stock price balloon ..... many have played that game, and most have lost.

  3. So is TSLA going to be the pin that pops the bubble?

    Proposition - on Dec 21 all the S&P 500 mutual funds and ETF's will have to rebalance to add TSLA to their portfolio, this will create (or better put - continue) the push up in TSLA stock price and in the valuation to be added to those funds. The S&P 500 has a market cap of about $27 trillion, TSLA is about $570 billion, so the fund managers will have to sell over 2% of the shares of all their other holding to buy TSLA. (IMO TSLA could run up for the next couple of weeks and get to where it would be >2.5%  of the S&P, for comparison AAPL is about 6.5%, MSFT 5.7% and AMZN 4.8%, TSLA will be at the #4 slot on 12/22.


    In the week, and maybe a couple of days leading up to 12/21 it will look like the market is in turmoil (just like every other year end), and will that create panic or opportunity (why not both)?

  4. 17 hours ago, 0xdeadbeef said:

    At this point all BIG-10 games impact the ccg and indirectly the playoffs.  

    To be in the BIG-10 CCG, you have to play at least 6 games, UNLESS the conference average for games played is under 6, then you can be in 2 games less than the average.  

    In order to reach that average of 6 conference games, the BIG-10 needs to play 6 of the final 14 games scheduled these next two weeks. 

    If  tOSU has either of their last two games canceled (likely), they badly need lots of conference games canceled.

    I think the B1G could get creative and play the last 2 weeks as exhibition/scrimmages and name OSU and NW as the champions and then have them play in the CCG.
    They will fluff it up and say it is a way to not penalize teams with Covid issues, and to not put pressure on teams to play when they shouldn't 

  5. Looking at the field for this weeks event in Playa de Carmen - is JT just bored, or does he need a tune up for the Father/Son event in 2 weeks?
    Ya know the one where he is calling out that Woods guy...no not that one, he is trash talking Charlie .... 11 year old

     

  6. 15 minutes ago, immamac said:

    Michigan will not fire Jim Harbaugh mid-season under any circumstance other than illegal activity that would be a liability to the university.

    I'm not sure he's even going to be gone after this season, however he does need to beat Ohio State or he won't get his contract renewed.

    He could get "saved" by the Rona and not having to play OSU. Although there really doesn't seem to be a path to success.

  7. 47 minutes ago, 52-80 said:

    Got rid of all my equities.  Atleast for now.  Entered back in growth stocks using LEAPs for leverage.  Div yielding stocks like CVX ill re-enter as equities.  Still selling naked options on the side

    I've taken all my #stonk funds and bought LEAPS - SPY, BRK.B, COST, LUV

  8. It is with great sadness that I report there is no more MACtion this season.
    All remaining MAC games will be played on Saturdays and therefore will be lost amongst all the other games, excluding 1 game this Friday.

    • Like 1
  9. Anyone want to guess the number of cancelled games this week? (right now zero are listed as cancelled/postponed on ESPN's scoreboard)
    I'd but the O/U number at 19.5 - last week there were 17
    I'll take the under as FSU might actually choose to play Virginia

    and to touch on that tweet about PSU/MSU, it isn't wrong....but there are about 20+ of those games this week, and every week...things like Duke/GaTech, UTenn/Vandy, etc

     

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