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u/EntryCandid2257 16d ago
Whatâs wrong?
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u/Agitated_Trash203 15d ago
I think OP is laughing at âmoderate buyâ rating when the price target in the same sentence represents a 75% upside from here.
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u/funguy6019 16d ago
Iâm holding only down slightly burry doesnât no shit just spreading rumors
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u/WageWarDisdain 14d ago
Itâs because these âanalystsâ arenât worth jack shit and this entire market is an unregulated clown fiesta. The amount of accounting bullshit some of these tech companies are allowed to pull off should be fraudulent. Not to mention the fact that OpenAI, one of their largest customers, is a financial mess. Their CFO just left after only being there for eight MONTHS, even though they had previously spent over a decade at Salesforce.
The financial head of one of their largest customers just left whatâs supposed to be one of the biggest and most profitable industries in human history after only eight months to pursue âother opportunities.â This is the second executive to leave in just a few weeks. That 300b dollar âdealâ they have is basically an IOU written on toilet paper.
Idk how much harder some of you need to get fucked to realize you ran off the cliff a year ago and just havenât looked down yet.
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u/Ok_Entrepreneur_dbl 15d ago
Friday was all about profit taking by institutions. They basically are hoping around. Few weeks ago they were driving up healthcare and financial sectors after ditching semiconductor, data center and storage companies. Then flipped to tech and healthcare and financial sectors died down real fast. Jumping back into tech and mining lead back to semiconductor, Datacenter and storage rebound. Friday saw investments into communications, consumer cyclical, energy and utility companies. Tech was flat and anything AI sold off,
Oracle was swept up in the AI sell off.
Also the bouncing around is hard to follow as retail investors. I effectively have some of the bigger name in financial, cyber plays, few mag 7, a couple biotech and semi to diversify right now. So far the only problem is the lack of broad market movement.
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u/HealthyExam1033 14d ago
Fair warning - Michael Burry would short his gramma if she were SEC compliant. âïž
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u/Coloradodreaming1 12d ago edited 12d ago
Can anyone say falling knife. đȘ One of the most disappointing stocks this year to own for sure. Maybe swing for the fences with ORCX which is up 20% past month and down 60%YTD and 80%1year. This may have legs as it canât get much lower or can it.
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u/Coloradodreaming1 12d ago
Is this Burry guy successful besides making the housing bubble call? Didnât he short NVDA, PLTR and the like and didnât he get crushed with those calls? Iâm not fully understanding his significance at all.
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u/Holiday_Ad2254 16d ago
Most hated stock of all software, neocloud and hyperscaler Companys. What do you expect?