When longs capitulate. I know….it’s crazy

I am Short as fuck on this pile of shit. I do not at all understand why it is even close to this expensive. There is no fundamental reason at all. They act like we are ina bull market 2021. Once the call chain capitulates this pile of shit will plummet. Could it go higher maybe. I don’t think so. But I also think it should be 160$ by now after their shit earnings that were dressed up with 200 AI cameos

The cool thing about announcing a share buy back is that you actually have generally lot of time to do it. So you get the immediate boost now and share holder appeasement. But you can also have it ready to pounce in case there is a sudden opportunity

Why you should sell naked Puts on spx of course atm

Europe learned to us es lot less this winter. There is real demand destruction happening hete

You do know that those are warrants right? Not call options? Cause it sounds like you think those are call options. Not that you can’t make money with warrants but….you keep calling them options. They do not at all work the same way

I think the word crash is overused. Reversion to the mean sounds much better and more accurate describes what is going to happen 2023. But yea hard to believe we won’t see 3300 in the s&p again this year. Once outlook cools and pe corrects there is only down until prices are back in equilibrium to mean pe