ZM DD (STFU Slim Jim Cramerrrr)
Firstly, I am retarded. So take that for what it is. Anyways, for the last few weeks, all the media has been saying is to prepare for a pullback across the market. I heard Boomer Boy Cramer talking about how if big tech rolls over, it could cause the market to spiral downwards.
Right after saying the market will pull back, the media will go into how the delta variant will spread and how it’s going to be oh so bad.
Here’s my DD:
ZM was absolutely beaten down on 8/30 & 8/31. The stock is already in buying range and will have less downside if the market does pull back. Now, if the delta variant does spread, we will likely see schools shut down, businesses go back to work from home, and government agencies tighten rules surrounding covid. If that happens, ZM will benefit massively.
Could this be the perfect hedge against the market pulling back due to technicals (overextended) and fundamentals (delta variant)???
Maybe I’ll start small and use my vehicle’s title as collateral and then dollar-cost average with the deed to my house. Perhaps I’ll need to use my monthly allowance from my wife’s boyfriend to buy some dips along the way as well.
Curious to hear another ape’s thoughts.
via r/wallstreetbets https://ift.tt/3qhG8Zq
September 15, 2021 at 12:33PM