Qullamaggie | LIVE STREAM #131 Recap – Condensed & Straight To The Point (2020-06-10)

Morning guys. Wow, that is one hell of an earnings beat on Lake. Wow.

EBITDA of almost 13 million versus 68,000 a year ago. That's some... wow.

Question is though, can it have follow through? Can it go like 40 bucks or something? That's the question.

Yeah, Nvidia broke out of a high tide flag yesterday. DPW... you.

Why is this piece of shit up? 3.2 million in purchase orders. Is that significant?

Is that significant? Yes, wow, that's uh, holy shit, that's pretty, pretty significant actually.

Yeah, it looks like a good setup. Oh yeah, yeah, yeah, thanks for the reminder.

I am recording this, but I don't think I have tweeted it out on Twitter yet. Yeah, thanks guys, thanks for reminding me.

Yeah, I actually open the box where I for a new tweet I just see what's capping up here uh Chris

Ray and Shun why is Teuma is T-E-D-P-W sympathy no it's not I don't know no it's different why is T-E-U-M-A?

Teuma? APT yeah there could be a trait there I am I'm watching it I haven't decided yet.

Yeah Tesla man I sold some yesterday before they closed I thought the stock was moving

too slow. I only have a third left I mean oh I really thought this thing would go to a thousand bucks uh faster.

It actually hit like 998 pre-market that's

pretty amazing I am oh whatever there's

been so much other things moving so it doesn't matter but it's

still a little bit bit annoying okay let's see what we have here

so dpw that those purchase

orders i don't know over how many years they are i mean this

could be over five years in that case this news is not that significant but uh yeah the stock is already too up 200 so i don't know how much value there is

so i'm probably gonna ignore it late potech could be a potential play haven't really decided yet

But yeah, I'm probably gonna try it, we'll see. How liquid is this APT? Sorry, Lake generally.

It's not that liquid, I don't think so. Oh no, not APT, Lake. APT I'm not gonna play.

Lake is the one that had the catalyst. APT is just a lagging, it's a laggard now.

Lake used to be laggard and now it's APT. Okay, let's see here, my positions.

So Tesla, we have been long for a few weeks. FMCI been long for a month. Workhorse...

Oh yeah, it actually gained some traction yesterday. So let's see, hopefully it goes to 5, 6, 7 bucks.

ACB faded a bit into the close yesterday, it's capping up.

I don't like the price action so far, but you know, it could retest this mid-14s and then go.

We'll see. Fastly, just riding the 20 day moving average.

Draft King so far surfing the 10 day. If you can go sideways here for a few more days so the 20 day can catch up there could be a long setup here but right now I'm still short.

D-dog. I sized down a bunch yesterday into the close. I didn't like it.

I didn't like the weakness and I had to clear up some buying power or clear up some buying power.

I was in too heavy on a bunch of stuff. AMD I sold I only have 20,000 shares left.

I sold like 10,000 shares yet totally yesterday. Had to you know free up some buying power.

CES so far riding the 10 day moving average. Livongo riding the 20 day building a nice flag here.

PDD riding the 10 and 20 day moving averages. Peloton bought yesterday.

I sold about a quarter or so before they close I had to again free up some buying power.

Beyond Meat also sold some before they close. Melee I sold a tiny bit before they close.

I just had to free up a couple of million in buying power.

So I had to get rid of a bunch of stuff or size down on a bunch of stuff.

Car gapping down I'm trying to cover some pre-market. It's almost hitting my first target, which is 27 bucks.

So we'll see. I've covered about a quarter, almost a third so far.

DFS, yeah, looks good. BA gapping down.

I bought 200,000 shares of this thing. Let's see if we can finally get going.

This is like the most annoying stock ever, like ever. Nikola gapping down.

I shorted some pre-market low 78s, low mid 78s, we'll see.

I did ad yesterday, like I got stopped out

of those first ads, but then I re-shorted

when it pushed here and that first red five minute candle when it took out that I re-shorted some and covered into the flushes and then I held about 11,000 shares overnight.