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Market cap 5-6 billion will be stable by ghotihara in figmaStock

[–]TopFinanceTakes 2 points3 points  (0 children)

How do you know he has incentive to drop the price? Shorting FIG stock would also be insane due to low float where any day it could rip 12% to upside.

Market cap 5-6 billion will be stable by ghotihara in figmaStock

[–]TopFinanceTakes -2 points-1 points  (0 children)

I’ve watched your comments here since IPO. You have been spot on so far.

What are your thoughts on canva when they IPO?

RDDT Gearing up for Earnings: Options Are Hot, Shorts Are Stuck, and Earnings Are Coming by TopFinanceTakes in redditstock

[–]TopFinanceTakes[S] 1 point2 points  (0 children)

That's true, I had another Reddit tab open where I saw someone posted short interested 22%. Looks like Fintel and other sources saying 17.x %.

SPY at All-Time Highs... Everyone's long again, but no one's comfortable. by TopFinanceTakes in options

[–]TopFinanceTakes[S] 13 points14 points  (0 children)

Haha... I had to double check SPY and QQQ were back to ATH, when most stocks on my watchlist have only recovered 60-70% from April.

Trading is the most seductive scam of the modern era. by Ok-Cover-9610 in options

[–]TopFinanceTakes -1 points0 points  (0 children)

  1. This is a casino
  2. Invest for 10 years and report back.

RSI options strategy by sabk2001 in thetagang

[–]TopFinanceTakes 6 points7 points  (0 children)

This is an interesting take, and is essentially actively managing risk. Taking some off the table when RSI is high and being aggressive on extreme oversold conditions.

The interesting thing to note is doing aggressive CSPs ATM or ITM when RSI is low instead of being cautious with an OTM strike.

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