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@rick_gurner
Rick Gurner
$11M follower assets
Investing research
70 following89 followers
Rick Gurner's avatar
Rick Gurner
$11MFollowers
@rick_gurner1d
Gotta celebrate when you hit the leaderboard
1 week leaderboard, but I'll take it. Coming in at #5 with a 12.3% return on the week. Reason? Uranium stocks did well this week.
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Rick Gurner's avatar
Rick Gurner
$11MFollowers
@rick_gurner6d
Is there enough good news in the jobs data for the Fed to pause raising interest rates?
Payrolls rose 339,000 in May, much better than expected
Is there enough good news in the jobs data for the Fed to pause raising interest rates?
57%Yes
42%No

7 VotesPoll ended on: 6/3/2023

Another way to look at this is that the jobs data was good enough that the Fed can continue raising rates to fight inflation because the job market is resilient.
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Rick Gurner's avatar
Rick Gurner
$11MFollowers
@rick_gurnerMay 31
Twitter Is Now Worth a Third of What Musk Paid For It, Fidelity Says
Fidelity cut its valuation for Twitter a third time, now valuing it at around $15 billion vs. the $44 billion Musk paid for it seven months ago.

Musk has:

  • Ousted top executives
  • Conducted sweeping layoffs
  • Lost major advertisers
  • Publicly jostled with news organizations, politicians and former employees

In March, Musk said: “I see a clear, but difficult, path to a >$250B valuation,”


Link to Wall Street Journal Article:
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WSJ
Twitter Is Now Worth a Third of What Musk Paid For It, Fidelity Says
Social-media company’s value sinks to around $15 billion; Fidelity cuts its valuation for a third time.
Twitter Is Now Worth a Third of What Musk Paid For It, Fidelity Says

Although, to be completely fair, the moment that he announced his intention was right before the tech companies started to crash in 2022. Twitter even without Musk if still publicly traded would be at least -50% from the levels he bought it.
+ 3 comments
Rick Gurner's avatar
Rick Gurner
$11MFollowers
@rick_gurnerMay 24
Nvidia up, Snowflake down
Nvidia is up 22% after hours.

Snowflake is down 11%:

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Both were highly valued going into the print. But yeah there is a difference is stock price reaction.
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Rick Gurner's avatar
Rick Gurner
$11MFollowers
@rick_gurner11/10/2022
What goes down, can go up
The consumer price index increased 0.4% for the month and 7.7% from a year ago, both lower than estimates. The market is pricing in the possibility that Powell will slow or stop the aggressive pace of interest rate increases they’ve been deploying to try to bring down inflation.
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Mad how 1 data point can make such an impact. I imagine a whole load of shorts will have had to be covered which will have added to this sea of green.

image

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Rick Gurner's avatar
Rick Gurner
$11MFollowers
@rick_gurner11/09/2022
The beatings will continue until moral improves
Today's market:
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Rick Gurner's avatar
Rick Gurner
$11MFollowers
@rick_gurner10/31/2022
Energy is leading the pack today
Meta platforms $META down -4.8%
Wynn Resorts $WYNN up +11%
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Rick Gurner's avatar
Rick Gurner
$11MFollowers
@rick_gurner10/28/2022
Why Amazon is dead money for the next year
  • $AMZN hasn't been able to generate meaningful Free Cash Flow
  • Every quarter they're guiding so poorly
  • Even though the services segment is booming at almost a $70b of high margin revenue... if you can't generate Free Cash Flow off of that... investors have to start demanding WHY
  • For a company that prides itself on automation— it seems every new robotic arm requires 3 more workers to run. Where is the payoff from all these robotic investments?
  • Amazon hired 80,000 people in the pandemic and now they're in a hiring freeze... they haven't shown they can control costs. That's all the Street is asking for.
$AMZN will be under $102.84/share on 2022-11-27?
Validated to: Yes
0% AgreedDisagreed 100%
39 Votes

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