Recent comments in /f/wallstreetbets

mrnotadvice OP t1_jedbwms wrote

So tbh the terminal price is not what I’m looking for. But if I was forced into a corner I would say it could easily go to $370. That’s if macro news flow stays quiet. My trade is purely a trade based on the amount hedge funds are lagging the top ndx stocks, how bearish they are, and known amount they have to put to work after eoq. They are very short tech and are being forced to get in. Jpm I believe must cover $28 bil I learned. And the big layoffs concern me. But again, if I’m right I’ll be out in 2-4 weeks with anywhere from 50% - 200% return.

2

Prestigious_Ear_3737 t1_jedbobi wrote

You asked for people's opinions yet you counter everyone who tries to answer you. You need to read some history on how the market performs during QT. Forget forward looking during this period. The market capitulates after the first rate cut. Amazon will probably go to about $60 a share, minimum. Fundamentals are also important. They trade at way too high a P/E.

2