These are Charlie's opinions, not investment advice. Do your own due diligence!
Charlie talks about our ZipTrader plays, which he thinks you should add money too, and gives some updates on the market.
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Charlie talks about our ZipTrader plays, which he thinks you should add money too, and gives some updates on the market.
A. 📈Join ZipTraderU (*$75off coupon "holiday75") ➤ http://ziptraderu.com
B. 🚀Join ZT Circle (*Free) ➤ https://www.facebook.com/groups/ziptrader
C.✅Webull "Get Free Stocks!" ➤ https://act.webull.com/k/XibiyKURKieC/main
D.🕵🏻Free Trading Tutorials ➤ https://bit.ly/2HCn3hT
📌New to the stock market and #trading? We break everything down in a short sweet and simplified way.
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing and maintaining ZipTrader communities.
Extended Keywords: "ZipTrader" "Zip Trader" "Zip Trade" " #ziptrader"
Okay folks, so we've got a lot to talk about. I want to talk about what the heck is going on with Cciv and Pltr and of course, I want to give you a green day. Congratulations to many folks who bought when everybody was panicking yesterday, folks who saw the Red Day yesterday and put their pinkies up and said i'm going to exploit this and before we go into all this, the only thing that I ask of you in return is that you hit that ravishing like button and also don't forget to subscribe. Okay, so first, Pltr had a very nice day today.
This was the big stock that we talked about in yesterday's this will double video and it's great to see this little rally. But we've been stressing throughout the entire downtrend that this is a 55 place. So this little rally was nice, but there's definitely a lot more to go. Talked earlier this week about how Arc drastically increased their position in Pltr during the Dip on Earnings, and they actually went and bought more yesterday as well.
Wasn't the same as the massive acquisition they took from earlier in the week, but still, the continued buying at Dips really goes to show Ark's commitment to getting a good deal. But anyways, nothing new with Pltr. Besides that, my price target is staying consistent at fifty five dollars. I've really said fifty five dollars.
A lot. You should take a shot every time I say fifty five dollars shot of T Kids don't take shots of anything else. We were the number one channel during prohibition, but in all honesty, I'm looking forward to seeing how Pltr performs next week. And you know how I've been telling you how the financial media just is so biased against Pltr.
We've talked about that quite a bit. I don't want to rant about it, but you know that when Pltr goes down, all the media's like, oh my God. Finally, Finally, Pltr is going to its true valuation at zero. And then when Pltr goes up, they try to discredit it.
Tltr becomes an unlikely darling of the Gamestop crowd. Pltr is a meme stock. Oh yeah, Pltr is such trash. If it rallies, it has to be propped up by the Wall Street Bets crowd.
It has to be the next game stop. There's no value to this at all. The amount of consistency in the hate on this stock is insane. Okay, next, our riot play did very well today.
Very nice bounce after the panic sell. This was not super surprising. Bitcoin is holding pretty strong today. I believe it broke into 55 56 and yesterday's panic in Riot and Mara were very good.
A lot of people don't like it when stocks breathe, but I say let it take a breath. If you keep going without breathing, you're going to pass out. My price target on Riot remains 95 and my take is that Bitcoin overall throughout 2021 is going to continue in an overall upward direction, and I saw an interesting article the other day that said Tesla may have already made more in profits from Bitcoin than electric vehicles. At the time of the article, Bitcoin was trading at fifty thousand. Now it's traded in Fifty Five thousand. and assuming that Tesla got in in the mid to high forties, I could definitely see this being the case. But it's actually kind of a funny thing because Tesla created this sort of self-fulfilling prophecy by buying it. They got a good entry price and then everybody else saw that they were buying it, so everybody else bought it and that got the price even higher.
That basically means that Tesla got a great return simply by taking a position. If I was the Ceo of Apple or some other large company that a lot of people follow and respect, and I saw this, I'd be like hmm. And overall, the more institutions adopt this, the easier it is for other institutions to adopt this. And the more people believe in Bitcoin and the more value people are going to attribute to Bitcoin and the higher it's going to go up.
So I mean pretty interesting situation we have right now with Bitcoin. I think we're going to be very, very happy with where Bitcoin goes throughout 2021, and I think we're going to be very happy with our Bitcoin mining stocks. Especially riot. Okay, next Ozone our Russian Amazon play performed very nicely.
Shout out to folks who did bought this. This is actually one of my own long-term holdings that I'm planning on holding for quite a long time, and I'm quite excited about it. One of my passions is looking in underdeveloped markets and then trying to find really good opportunities in underdeveloped markets for emerging technologies that have already pretty much emerged in other countries. And e-commerce has definitely not made it in Russia, but they've also not made it in Africa.
It's actually way behind that reminds me of Junior Junior once again is getting into a nice discounted area. I'm a really big fan of this play and we're gonna have earnings coming out next week on the 24th. The last two earnings actually resulted in massive beatdowns, because people have boosted expectations and obviously the African market is a difficult market, so a lot of the short-term money panics every time earnings come out, but this time we might actually see some positivity. You already know that Q4 of 2020 should have been very, very good for them.
They have bad, good holiday sales, they had a Black Friday sale going on and all that sort of thing, and they should have some really strong plans in terms of guidance for 2021. if they do beat on earnings, I would be willing to upgrade it. If they don't beat on earnings, I'm probably just going to keep it the same if they really miss, which I don't think that's going to happen, but if they really missed, I would downgrade it but I really do believe in Jumia, I don't think they're going to disappoint us. Okay, Acic, Another one of my long term holdings actually cooled off today.
You may recall that you're merging with Archery and my price target on this one is 45 long term. Took a breath today after getting a lot of attention earlier this week. No problem. I see this as making a lot of sense to buy. If you're willing to have a long time long term time horizon with this guy, go ahead and talk about Cciv. So Cciv took an 8.8 hit today. I know a lot of people are asking what news caused this, but the news that caused this was no news we've seen several times in the past where the financial media will go and hype and say oh, there's a deal imminent and then everybody goes and buys in. All the short money starts flowing in because they think they're going to get instant profits, and then when the deal doesn't immediately go through, the stock price gets beat down because the short-term money is like, hey, I don't want to wait a couple more days.
Screw this. In all seriousness though, these guys at Cciv and Lucid are just complete turtles. I mean, it's been like six weeks since I made the original argument that I thought that Cciv and Lucid were going to get the merger, and at the time I saw it taking maybe three to four weeks to happen, but this has really really been dragged down. Part of this was good because it gave it more time to factor in a lot of hype and a lot of you guys locked in a lot of profits during this uptrend, which is something that's great to see.
Never feel bad about a successful trade, but at the same time I want to see the deal actually go through. We'll get an original, huge pop, and then then you're going to see the hype settle down for a little bit and you can get a better deal. and then you can buy it and then ride the pre-anticipatory run up to the actual merger. And if we know these turtles, we know that this could take months to actually merge.
Once they actually confirm the merger talks, then they actually have to go through and do this stuff to actually merge. For those of you who are waiting for the Sbe merger, I mean you've been waiting for months and months and months and it still hasn't merged yet. So my take is the same as it's been for the last week. Take some profits as it goes up to each level.
At the end of the day, way back when we talked about it, it was at 14 15 bucks. I originally thought this was going to 40 or 50 bucks if it was actually confirmed and it went way above that. and we upgraded the price target a while back to 70 to 80 bucks. but we're still in the area where it's a drastic difference between when we first started talking about it and where it is now.
So do not feel bad about locking in some profits and taking some risk off the table. Yes, I would leave some in there so that when the original pop happens, you can really seal in a lot of profit. But I'm telling you, you're going to get another good deal after the mergers are confirmed and the hype dies down and people are. oh, I don't care about Lucid anymore.
No more fast profits. and then all of a sudden you're going to start seeing more pre-anticipatory running up to the actual merger. And then as Lucid starts rolling off their cars off the lot in Spring. Okay, now for the ticker of the day. The Day of the ticker. No, that doesn't make sense. The ticker of the day. So a lot of you guys have asked me about Uavs.
Now, Uavs had gotten beaten down on a short seller report and being that this was one of our old plays that we told you guys back when it was trading at 156, we had some people wondering why I didn't pounce on this as it got hit by that short seller report. When it comes to short sell reports, people panic first and ask questions second. So obviously you're going to see it bounce. Well, what I told Zip Trader You members this morning was yes, they were bouncing back nicely as the company defended itself.
But be careful as the short seller had some good points. Now when it comes to short sellers, I tend to not have a very favorable view of short sellers. but at the end of the day some of them do have some really good points. and if they have good points, I'm gonna hear the good points.
I understand that's not a popular opinion, but sometimes they find some good points. Most of the time what they do is they take maybe three or four really good points and then they exaggerate them. but still at the very basis of it, you can see the good points and sometimes they could be things that you didn't think of. The real reason that I didn't pounce on Uavs is because at the end of the day I didn't really agree with the valuation.
I understand that it's up a lot since we started talking about it, but still at the end of the day, if I can't justify evaluation, I'm not going to endorse it. The problem is that when it comes to very, very very very strong height plays plays that are like 99 hype, you can't really value hype. I mean you could use technical analysis and sort of look at the iterations of growth like if it grew this much on this day based on how much volume it has and then sort of project that moving forward. But I don't make my price targets like that unless the stock is trading really, really, really cheap and has a very, very high potential.
And with Uavs. I saw that back in summer when it was trading way way below where it is even now and back then it made sense because there's an intense amount of hype potential, but the folks who traded this with us locked in their profits quite a long time ago. I'll be keeping my eye on this one and I'll be watching to see what happens. but right now that's my take.
Go ahead and comment below what tickers you'd like me to cover in tomorrow's video or at the end of tomorrow's video and I'll go ahead and cover that then. if you have any questions, feel free to reach out to us below as well. You can also join us on Zip Trader Circle if you'd like to get some free stocks and sign up with a great broker. We do have a link to Weeble below if you'd like to learn how to trade, would like access to our price targets, our daily morning briefings, and of course our private jet. I'll go ahead and put the link to Ziptreater you in the description below of course only join us if you're ready to put the work in. We don't want people joining and then not using the resources anyways. folks have a great day and I'll see you in the next video.
Trading is a game of loss and gain, but as a trader you should mainly follow the winning side and gain corrections anytime you loose in order to bounce back with full force and cool money in returns.
do u have any videos forex trading
only if I watched this video few days ago, I probably sold my cciv stock locked into the profit. Still up 100% tho but seeing my stock dipping truly hurts.
XL FLEET UPDATE?
What do you think about Senseonics? I think there’s huge upside in the company. Could take down dexcom in the coming years!
Love the suite, not my style, but you rock it well.
Senseonics please
CCIV PLTR CLOV
Can you please cover $SUNW
any1 think PLTR is gunna drop monday morning ?? I have a set buy set to market open.
Hey Charlie I am wondering what you think about BTCC?
XNET
The merger can happen as soon as Tuesday, should we buy monday still?
what your thoughts on forest road acquisition corp (FRX) and Energous (WATT)
VGAC?
ZOM PLEASE TALK ABOUT ZOMEDICA
Can you cover CLOV and TTCF?
Cover SOS please
ravish first, ask questions second!