/biz/ - Business & Finance

>>53165839
i dont think anyone is forecasting a drop like 2008. the Fed has signalled what its trying to do for the past year - soft landing. just wants to let some air out of the bubble and some of the businesses on the fringe will go bankrupt. shit like BYND and TTCF, CVNA, GME, BBBY, AMC and businesses that cant service their debt and shouldnt be in business anyway will go broke - and there's nothing wrong with that

after being a bear for all of 2022 i'm starting to get more bullish as the people / businesses who need to go broke are starting to get flushed, which is what needs to happen

going broke or close to it list:

ttcf
bynd
cvna
wayfair W
hele
bbby
coin, potentially
silvergate capital SI
roku, potentially
fubo
amc
plug
envx, potentially
mstr, potentially

also, regarding bitcoin: the buy signal is when michael saylor has to sell a significant amount of bitcoin to pay debts. whatever the price of btc is at that time doesn't matter, buy some after he's forced to sell. this is financial advice

Sold my calls at 400
I bought some 395 puts for 19$
Come on motherfuckers, 400 was the ceiling, obviously

>>51174362
It's not them. It's just retail picking up the bags. Institutions are having true detective (s1) worthy orgies in little Jackson's hole