Stocks & InvestmentsSep 4, 2020
AppleTimsCoocky
Soft Bank was the big whale behind the socks rally. The End is Nigh
SoftBank, that great investor famous for pouring billions into Wework, $300 million into Wag, trying to sell ARM at a loss after losing control of its China branch, losing in total $20 billion in The Vision Fund, is the big whale behind the US tech socks really. Market is f*cked! Get out ASAP! https://www.wsj.com/articles/softbanks-bet-on-tech-giants-fueled-powerful-market-rally-11599232205
SoftBank's Bet on Tech Giants Fueled Powerful Market Rally
WSJ
WSJ
So is it a good idea to buy SoftBank stocks or no?
Great if you need tax write offs
Lol
TL;DR?
Softbank news is nothing different.. Investors and analysts knew about it... They wanted to cash the opportunity.. market is gonna to bounce next week as there as nothing chnaged for FAANGMs in last week... Buy the dip
We need hard bank now
The lack of knowledge is this article is astounding. Any accredited investor that knows fundamentals and makes their trades off of wallstreetbets knows that options don’t control the market