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Whats the opinion of the BUZZ etf the barstool guy is pitching?
Posted on 3/16/21 at 8:36 am
Posted on 3/16/21 at 8:36 am
i bought it for momentum i feel like he'll have the barstool crowd buying it and running it up.
2
Posted on 3/16/21 at 10:07 am to nwatito
quote:
i bought it for momentum i feel like he'll have the barstool crowd buying it and running it up.
Arent you a little late for that play?
He’s already done his big push
Posted on 3/16/21 at 10:20 am to Weagle25
I think I heard that it only rebalances one a week or once every few weeks, and I think the main holdings, at least right now, are pretty standard stocks that people are often talking about.
So it's not like this thing is going to be snatching up penny stocks or whatever the second WSB starts talking about it.
ETA: Yeah, it's not a bad set of holdings, but looks pretty standard...travel, tech, financial, and alot of large and mega cap stocks.
BUZZ holdings
So it's not like this thing is going to be snatching up penny stocks or whatever the second WSB starts talking about it.
ETA: Yeah, it's not a bad set of holdings, but looks pretty standard...travel, tech, financial, and alot of large and mega cap stocks.
BUZZ holdings
This post was edited on 3/16/21 at 10:23 am
Posted on 3/16/21 at 10:21 am to nwatito
I actually don't hate the idea if they are able to handle the bot traffic, but I doubt we see a big run up based on Portnoy. I've already heard him say a couple of times this isn't Penn, it's a long term hold and he doesn't have much control over it so I wouldn't expect this to be a big mover quickly.
Posted on 3/16/21 at 10:32 am to Mingo Was His NameO
People buying the ETF won't drive up the price. People buying the underlying stock would drive up the price.
Posted on 3/16/21 at 10:36 am to redfishfan
quote:
People buying the ETF won't drive up the price. People buying the underlying stock would drive up the price.
Demand for the ETF drives demand for the underlying stocks as well. That’s all part of the creation process.
Posted on 3/16/21 at 12:50 pm to Chucktown_Badger
quote:
ETA: Yeah, it's not a bad set of holdings, but looks pretty standard...travel, tech, financial, and alot of large and mega cap stocks.
I was expecting a bunch of GME, BB, NOK, AMC meme stocks
Posted on 3/16/21 at 12:54 pm to Box Geauxrilla
quote:
I was expecting a bunch of GME, BB, NOK, AMC meme stocks
that would be one shitty ETF
Posted on 3/16/21 at 2:00 pm to redfishfan
so if a bunch of barstools followers buy the etf the price won't go up?
This post was edited on 3/16/21 at 2:03 pm
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