Basis Point Bandit (@CillaCorp) header
Basis Point Bandit (@CillaCorp) profile picture

No spread is ever too tight. Recovering options addict, professional in bad timing.

Milwaukee, WI
Joined October 2018
Photo by Basis Point Bandit (@CillaCorp)Photo by Basis Point Bandit (@CillaCorp)Photo by Basis Point Bandit (@CillaCorp)Photo by Basis Point Bandit (@CillaCorp)Photo by Basis Point Bandit (@CillaCorp)
Basis Point Bandit retweeted
you inside her dms, I’m insider trading. we aren’t the same
133
7,685
432
53,394
Basis Point Bandit retweeted
Cris Collinsworth orders from Starbucks
360
2,791
805
35,504
Proposed CC work life balance
It’s been 1 hour of sleep a night this week and I may need to cut it back to 45 minutes. #DDTG #noodle nitter.gq/annnd_Chazz/status/130…
Nasdaq back in the green today, thank goodness! Someone check and make sure Powell sets his alarm next time.
Basis Point Bandit retweeted
If you don’t understand why people herd into the same stocks and investments then take a look at this... crowd psychology writ large. Jennifer is the Microsoft or Apple of girls names it seems.
This Post is from a suspended account. Learn more
87
393
38
1,796
Basis Point Bandit retweeted
Great job by @GLJ_Research’s Gordon Johnson explaining the absurdity of the $TSLA bull case
Highlight: "Listen, Tesla is detached from reality," @GLJ_Research Gordon Johnson says. He explains why he has a $87 price target on $TSLA:
12
21
6
107
When is he going to start teaching Harvard Business classes? And where do I sign up?
This is incredible. Some people have spent years trying to understand crypto, but Portnoy instantly grasps it: "The thing I like about pump and dumps in crypto is that it's encouraged... in crypto you can pump and dump all day long."
Disturbing
This quoted post is unavailable.
I just found out that my local dry cleaner took PPP money to pay staff, during the months when the shutdown killed his business... I get why he wanted it, but it still angers me to think how that $ could have been better used by a wealth manager somewhere
10
25
1
455
Basis Point Bandit retweeted
3
9
120
When $TSLA was a $350 stock in 2017 ($64B mkt cap), wall street analyst consensus thinking had them doing $38B in revenues in 2020. That's $9.5B a quarter for those keeping track at home. They did $6B in revenues in a "RECORD" Q1 2020. Reality is biz is utter disappointment.
38
98
10
409
He’s not wrong.
Hey @HowardMarksBook. I did the research, you’re the bad guy, I’m the good guy. #DDTG clients know the truth.
Theory: 1/ We know that everyday the relationship between asset prices and fundamentals are becoming more inversely related. This is partly due to the 3m+ RH accounts and sports gamblers turning to the markets, pumping up airlines, cruises, bankruptcies, etc.
1
3/ Consequently, these stocks which have helped the market rise despite that dislocation with mainstreet and fundamentals, will probably slide quite considerably, especially as Wallstreet has often mocked these sort of trades as bubble-esque. The ending result is a lack of
1
4/ bidders. Just as a high tide raises all boats, so too does a low tide lower them. The vast selling of what helped prop up the market has reversed and suddenly the momentum shifts. Stocks start to erase their gains over the last few months and prices come back to reality.
Price target: The MOON
Real Talk: Has anybody ever been more consistently wrong about anything in the history of earth than Carlo Santerelli of @DeutscheBank and his thoughs regarding Penn?