In the case of Silicon Valley Bank and Signature Bank, some Robinhood users saw the writing on the wall and purchased put options on the stocks before they collapsed. Of course, the banks did collapse. It should’ve been a windfall for those who saw trouble brewing. There’s a touch of irony to the situation. In 2021, WallStreetBets users complained that Gabe Plotkin’s Melvin Capital, among others, held naked short positions against GameStop — meaning they didn’t own GameStop shares to deliver on their bets against the stock. Now, Robinhood and other brokers are saying put contracts, which to be clear aren’t the same as naked shorts, can’t be executed because the shares can’t be bought. It’s all a little too on the nose. That notion led him to assert that current revenue estimates for the quarter and year are overstated and to drop his target price to $250. In other words, META stock has massive upside from its current price near $146, even after accounting for downward revised guidance.
https://starcourts.com/its-hard-to-fix-someone/
Products are easy to use We back tech startups seeking to improve the resilience of underserved,climate-vulnerable communities COLORADO SPRINGS, COLORADO, Dec. 21, 2022 (GLOBE NEWSWIRE) — The Catalyst Accelerator, powered by both the Air Force Research Laboratory, Space Vehicles Directorate, and The United States Space Force, is currently seeking US-based small businesses and startups with innovative dual-use technologies that provide commercial capabilities to support Defensive Cyber Operations. The problem statement this accelerator hopes to solve is: “IFPA’s Fresh Field Catalyst give us a great perspective and brought real, tangible relationships with some of the leading players in the fresh produce supply chain.” – Elad Mardix, co-founder & CEO, Clarifruit