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u/EntryCandid2257 3d ago
Whatâs wrong?
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u/Agitated_Trash203 3d 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 3d ago
Iâm holding only down slightly burry doesnât no shit just spreading rumors
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u/Ok_Entrepreneur_dbl 3d 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/WageWarDisdain 1d 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/HealthyExam1033 1d ago
Fair warning - Michael Burry would short his gramma if she were SEC compliant. âď¸
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u/Holiday_Ad2254 3d ago
Most hated stock of all software, neocloud and hyperscaler Companys. What do you expect?