#millionaires online

[onlinebillionaire]

online millionaires, online billionaires, millionaireceoclub.com, https://www.MillionaireCEOclub.com

[tervenbutch]

“y’all hate days of girlhood but ate up (insert girly pop song by female artist)” yes because those songs were written by actual women. hope this helps❤️

[wifihustlers4747]

[nando161mando]

Billionares & corporations don't share the same values as the working class

[financewithdrew]

Don’t be jealous of others.

[rainbow-baby-one]

Sell t-shirts on ETSY???

https://www.youtube.com/watch?v=hnXDZxYl13c

[internalweepingmentality]

Me saying I ‘hate’ most players: affectionate

Me saying I ‘hate’ Stef: I fucking hate him.

[homoqueerjewhobbit]

Oooh can I rant/spill some family drama into the echochamber of people who don't know my family and will agree with me because they've been carefully selected to?

Like you're gonna stop me.

So my grandmother died about a year ago. The night before the funeral, my aunt (let's call her Karen, all names gonna be fake duh) pulls my mom aside and says, "you should make sure my son, Kyle, isn't in the same limo to the cemetery as your nonbinary kid, Ash, because he might say something transphobic to them." (to be clear, Kyle, ash and I are all in our 30s.) obviously, my mom has a breakdown about this because it's a horrible thing to dump on her the night before her mother's funeral and there's nothing more classic Karen than thinking it's my mom's responsibility to police her children's behavior.

Now, to be clear, Kyle is a libertarian gun nut and nobody likes him, but neither I nor Ash nor my parents have ever witnessed him saying or doing anything homophobic or transphobic. Mostly because we never see or talk to him, but still. Besides wearing his crypto-MAGA hat while he was pall-bearing, he was on his best behavior at Nana's funeral and a Poppy's two months later.

Fasr forward to now and @slugdge-boy, who is trans, and I are planning our wedding. So i tell my parents, "I'm not inviting Kyle, because he is transphobic and my partner, sibling, and best friend are all trans as are a number of other people being invited."

But my parents think it would "create unnecessary drama" if I don't invite him but "don't worry, he won't come anyway." which is probably true, he never comes to family things. No one was even sure he would come to the funeral.

But I don't want him to think he's welcome. I don't want even a 5% chance he might come. I don't want to even worry about the possibility of it. Even if he comes and is on his very best behavior, I don't want to wonder if he's making fun of his to his friends later.

So right now, I think I'm just going to "accidentally" leave his name off the list. I doubt anyone will even notice. I mean, it's an email invite ffs.

[dineshbizgurukul]

[expulence]

LUXURY LIFESTYLE LEVEL UP PSA!!!

💵💶💷💵💶💷💵💶💷💵💶💷💵💶💷💵💶💷

Many of us are taught to view money and the possession thereof in a very binary way. We are taught that there is virtue in struggle & socio-economic obscurity. That those who possess an abundance of money as well as resources are innately depraved at best and evil at worst.

Unfortunately (or fortunately) the world is not black and white and to live in the binaries is the worst you can do if you seek to improve your life particularly where your finances are concerned.

The world is several Shades of Grey and there are many good people who have access to an abundance of resources & use said resources for the greater good. There are good & bad people everywhere and sure enough some of them may be downright evil. But guess what, contrary to the old cliché, MONEY IS NOT THE ROOT OF ALL EVIL! We strongly doubt it is even the root of some evil.

MONEY IS JUST A TOOL...

...and it is a great tool to have, especially for good people with good intentions. So please forget everything your cultures or religions have told you about how the lack of money makes you a more virtuous person.

IT DOESN'T.

It just makes you a poor person/a part of what is projected to become the permanent underclass of the global society, and you're not doing yourself any favours by romanticizing that.

💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰

🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

[kemetic-dreams]

In the stock market, a short squeeze is a rapid increase in the price of a stock owing primarily to an excess of short selling of a stock rather than underlying fundamentals. A short squeeze occurs when demand has increased relative to supply because short sellers have to buy stock to cover their short positions.

What's a Short Squeeze and Why Does It Happen?

Key Points

A stock that rallies hyperbolically when there are no obvious current events driving the response, could be experiencing a short squeeze.

A short squeeze can potentially be worth trading, but only if you exercise great care.

The aim of short selling is to generate profit from a stock that declines in value. (Short selling involves borrowing a security whose price you think is going to fall from your brokerage and selling it on the open market. Your plan is to then buy the same stock back later—hopefully for a lower price than you initially sold it for—and pocket the difference after repaying the initial loan.) While there are potential benefits to going short, there are also plenty of risks. One big risk is when a bullish catalyst (earnings, news, technical event, etc.) pushes the stock price higher, prompting short sellers to "head for the exits" all at once. As the shorts scramble to buy back and cover their losses, upward momentum can build on itself, causing the stock to move sharply higher. This is known as a short squeeze.

Understanding the short squeeze

What makes a short squeeze so dangerous? Think of it this way: When you buy a stock, the worst thing it can do is drop to zero. But the upside is unlimited. If a stock has a growth narrative and there are enough believers, the share price can go well beyond what looks reasonable by traditional fundamental metrics.

Classic signs of a short squeeze can include:

A security has a significant amount of short sellers (short interest) who believe the stock price is going to fall, and then instead the stock price sharply rises, forcing many of these leveraged short sellers to quickly exit their positions, buying back the stock in the face of potentially increasing losses.

A dynamic narrative that tries to justify the detachment of share prices from a company's intrinsic value

A case for massive growth as well as for financial stress

Traders with deep pockets aligned on both sides of the trade, often using options and other leveraged instruments

With GameStop (GME) in 2021 and Tesla (TSLA) in 2020, there were many classic signs of a short squeeze. Traders with short positions were covering because they had to, either because they had sustained large losses or shares were no longer available to be borrowed. In 2022, short sellers targeted troubled companies such as Bed, Bath & Beyond (BBBY) and Carvana (CVNA). In early 2023, the most heavily shorted companies included Coinbase Global (COIN), a cryptocurrency firm, and Occidental Petroleum (OXY).

When a stock suddenly experiences a dramatic climb, with or without good news, it's important to ask yourself, "Who would buy shares up here?" The answer? Someone who doesn't have enough money to hold on any longer, or someone whose pain threshold has finally been crossed.

Proceed with caution

If you're a long-term investor who happens to own a stock that's getting squeezed, it's probably not a good time to trade. Instead of acting on emotions, remember what got you to where you are in your investing journey—and where you'd like to be. If buying a stock that's in squeeze territory doesn't fall within your long-term objectives, you might want to step aside and not trade. If you do decide to venture in, make sure you have no illusions and no misconceptions of the dangers. Understand that when you’re dealing with a stock that’s being squeezed, you're taking a big risk. 

Identifying a short squeeze can be relatively simple—after the fact. The trick is to identify the conditions that could lead to a squeeze ahead of time, and then determine how you might want to play it (or not). 

Shorting a stock is a complicated business. Because you can't sell something you don't own, shorting requires the seller to "borrow" the stock (and pay interest to the stock lender), then sell it. Locating the shares can sometimes be difficult for your clearing firm because of high demand or a small number of outstanding shares.

Measuring a short squeeze can involve a metric called the short interest ratio, a.k.a. "days to cover." It indicates, in days, how long it would take to cover or buy back all the shorted shares. Basically, you divide the number of shares sold short by the average daily trading volume. The more days to cover, the more pronounced the effect can be.

Another measure is "short interest as a percentage of float," which reflects the number of short-sold shares in proportion to the total number of shares available for trading in the public markets. Most stocks have a small amount of short interest, usually in the single digits. The higher that percentage, the greater the bearish sentiment may be around that stock. If the short % of the float reaches 10% or higher, that could be a warning sign.

Consider the fundamentals

If you're buying a stock that seems to be in the throes of a short squeeze, especially at high levels, it helps to understand other potential reasons why the stock might be moving. 

Consider checking the fundamentals. Is there anything that would make you want to own the stock? Are you tempted to buy it because everyone else is? It's important to always do your homework, and remember it's never wise to go all in. A stock that's in a short squeeze may still have a long way to climb, and if you don't think the fundamentals support higher prices, then perhaps you should look elsewhere.

In the case of TSLA in 2020, there were some positive fundamentals underlying the short squeeze, including the company's more consistent profitability and hopes of it being included in the S&P 500 Index (SPX). The stock saw its share price run up to new highs, then decline nearly 60%. 

But then TSLA rallied again and split its shares, and its addition to the SPX became a reality, illustrating that a short squeeze doesn't always have to end badly. Other stocks that were caught up in short squeezes haven't always fared so well, in part because they didn't have the fundamental support. 

Playing the squeeze on the long side? 

If you want to trade a stock during what might be a short squeeze—that is, buying a stock with a higher short interest in order to potentially play the upside of a squeeze—here are some things to consider:

Trading such a stock may be okay as long as you understand the risk and how to control it. Whether you make small or large trades, you have to control and limit the risk. Decide how much money you would be comfortable losing in any trade ahead of time.

Don't underestimate how high the stock can go and how long it can take. When a stock gets caught up in a short squeeze, analysts generally expect it to correct eventually, but no one knows to what price and when; if it happens at all. 

If the stock still has very weak fundamentals, yet is moving significantly higher without any real, structural changes in the corporation, then be extremely careful buying on this type of upward momentum. The markets may run out of new buyers willing to pay higher and higher prices and the stock may in the end fall quickly. 

The bottom line

A short squeeze is a high-risk situation and it may cause havoc in the market, but most don't last forever. Most eventually subside.

[facts-and-memes]

I am so happy 😃 that it doesn't include "HAPPINESS"

So, money can buy happiness 👏

Share it to that friend of yours who often says "Money can't buy happiness" 😎.

[financewithdrew]

Mindset changes are important.

[imoneymantra]

Type 'YES' to Affirm.