Submitted by MissDiem t3_10ohc1a in wallstreetbets
So, the last 6 months or so we've seen numerous names that had absolutely radioactive sentiment yet they've rebounded sharply on some pretty small or questionable catalysts.
NFLX - customer and price saturation in full effect, main "idea" is to call customers password thieves, launches desperate and poorly conceived ad tied but has to refund advertisers... up 120%.
NVIDIA - incredibly high multiple, caught as the poster person of high tech and semiconductor glut, reveals a large portion of earnings are from crypppto (they call "gaming") where demand has vanished, up 100+%.
Bi+coin - left for dead as scandal after scandal and no more greater fools exist, n.ft myth and basic premise becomes a household joke - but crypot related names already up 50-100% this month.
META - another poisonous company and product, became a global joke, clueless leader betting the company on legless animated puppets like an unfun version of second life. Up 60% on.... nothing?
TSLA - sociopathic owner, stale products that look like GM Saturns, slumping sales, aimless and corrupt leadership, finally facing real competition, having to absolutely slash prices to get rid of inventory, leader is off running a message board for authoritarians and their cultists, up 75% this month.
Any of these would have seemed like a terrible buy at their bottoms.
So, what's the current worst and irredeemable large junk pile that will have its 50-150% trash-to-cash rally? Some suggestions...
PYPL - nothing new, CEO still hasn't explained his hyperbolic optimism right before a straight 70% drop in value.
AMZN - gone from customer favorite to universally hated. Every announcement is more negativity, constantly degrading the value prop of Prime, getting rid of shipping incentive, doubling down on third party seller junk, untrustworthy reviews, delivery problems, no action on used and counterfeit merchandise, no leadership.
FSLY/NET - grew on the back of pandemic and social trends like WFH, Tiktok, remote schooling. World is opening up and content distribution more commoditized with slowing growth.
SOFI/RKT - alternative financials, Fintechs. The assumption is that mortgages and loans will be a stock market Death Valley for years to come thanks to fed inflation fighting panic moves. Their clients tend to be more vulnerable, younger, lower assets, lower credit, etc.
any of the EV juniors, suppliers, battery companies - things like Canoo, Rivian, Micro-Vast, Frey, QS. All were once valued on the premise of "what if they can just take 2% market share?" Now that feels like a pipe dream.
Which of these will have their 75% one-month bounce? Or what name do you think will?
VisualMod t1_j6ekhhq wrote
^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive >TL;DR: What's the next name with toxic sentiment but a 50-100% move up in the works?