TG has been hot with his trading ideas recently.. GOLD, SOCL, EEM...well done

He doesn’t seem to wrapped up in his own agenda to be honest. To bet against the facts... yes facts he states, actually being ignored by users and user growth declines as not substantial reasons to fade these names... your being ignorant and also pretty much admitting people don’t care about heir freedom of speech or privacy. The caveat to a FB short is that it owns a lot of other apps like Instagram that still get heavy use. These apps will live and die with their users so that’s really the key data point I would use to gage future growth... it’s as good as earnings in this space IMO.

Steemit and Dtube are decentralized versions of Youtube.

Relies on Fibonacci numbers (check out the putrid performance of Robert Prechter - Elliot Wave theory). He supports Alex Jones's right to spew conspiracy theories and hate speech. Doesn't mention valuation once. I wouldn't put much stock in this guy. I'm sure he makes more money selling newsletters than investing...Just like RV and many of their guests.

The social media companies are insanely overvalued, but investors continue to buy the names. Don't ask me why, but I don't think the mass psychosis has ended. I would guess it has a lot to do with ETFs and index funds offering a perma-bid for the companies without regard to their fundamentals. I can see these companies doubling or tripling in price again because it's not like there was any fundamental reason to buy them 400% ago. Sure, they're guaranteed to decline big time at some point, but I think it's a fool's errand to time that event with a short sale. I see it as less risky to take your money out of FB, GOOG, TWTR and the rest of the nifty-fifty FANGifity and invest it elsewhere versus trying to be a hero with the short. Would be awesome if it worked out though.

Feel like since TG thinks the socmed companies are all braindead liberal loser zones, he's short them <- then everything else is kinda backfilling and rationalizing that attitude. If the markets are going another leg up, then the socmed ETF is going up.

Normally I wouldn’t comment, but since TG brought up AJ three times during his pitch, it’s fair to point out that his body language does resemble that of his idol. In terms of arguments and style of persuasion too, his pitch was pretty much how I would imagine AJ to present a short on social media. Only on RVTV.

One of the best contributors of the trade ideas segment in my opinion, his ideas are always well thought out from fundamental catalyst to technicals as well as exact levels he is going to trade at - all of which he puts himself on the line with regularly for RV and daily in his note - and most importantly he has no problem with admitting when he got it wrong.

"Finally time to be short SOCL", same thing he said in July 2018. At that time he suggested the downturn was imminent, suggesting shortest term options were the way to play it. Two months later, same thing. As to suggesting Alex Jones is "a news service", suppose the same could have been said about Hitler's propaganda machine; both statements are inaccurate and contemptible. Making money is the purpose of being here, but following the advice of a veiled Alex Jones supporter; no gain is worth putting aside decency.

good idea ...

Steem It people!!! Lower than any tech stock right now :)

For real - it's time for these arrogant bar stewards to go down. Throw TSLA on the flames too, while you're at it!

Love your bold antisocial trade Tony. Zuckerburg and Sandberg have been selling a lot of shares this year. I took that as a sign. One correction, Richard Burr is a NC Senator.

I'm not sure the timing is right .... however IMO when Google gave congress the finger that was a big mistake.