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Forum » More General Categories » Education/Career/Finance » **Un-OFFICIAL** Trading and Investing Thread: Part XIII -- Robber Baron Edition
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Thread: **Un-OFFICIAL** Trading and Investing Thread: Part XIII -- Robber Baron Edition

post 1630205253 01-31-2021, 04:24 PM
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#61
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Can the market crash already?
I wouldn't even mind taking a 30-50% hit right now, it feels like I'm investing on sesame street
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post 1630206083 01-31-2021, 04:33 PM
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#62
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Originally Posted By MediocreGains⏩
Plenty of institutions have benefitted from this as well. BlackRock is one of the largest holders of GME.
I'm just sad people are so deep into yoloing that they are taking their childrens college funds and dumping them there because "i'll sell off before everyone else" and end up selling at a 10x loss. People putting numbers like 400 000 into gme on reddit.

Also I think Melville is literally sitting in a meeting room 24/7 trying to figure out strategies how they can get out of this. They're not even worried anymore about how high it goes. Government steps in and refunds everyone? Call bankruptcy and set up a new one? What are their options to get out of this mess with small losses. Don't know what happened to VW in 2008, did the funds have to cough up the coin?

I'm only 40 in AMC just for lulz. If it goes up, lovely. If down, don't really care.
post 1630208283 01-31-2021, 05:05 PM
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#63
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Futures down nearly 1%.

The dip continues for most stocks.
post 1630209613 01-31-2021, 05:26 PM
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#64
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Originally Posted By Schnitzl⏩
I'm just sad people are so deep into yoloing that they are taking their childrens college funds and dumping them there because "i'll sell off before everyone else" and end up selling at a 10x loss. People putting numbers like 400 000 into gme on reddit.

Also I think Melville is literally sitting in a meeting room 24/7 trying to figure out strategies how they can get out of this. They're not even worried anymore about how high it goes. Government steps in and refunds everyone? Call bankruptcy and set up a new one? What are their options to get out of this mess with small losses. Don't know what happened to VW in 2008, did the funds have to cough up the coin?

I'm only 40 in AMC just for lulz. If it goes up, lovely. If down, don't really care.
I don’t see how they get out of those contracts without losing everything besides manipulating the market. Technically they already pulled strings with robinhood but I imagine there’s other more extreme measures they could take. I think a lot of big time investors are fukked.
post 1630212453 01-31-2021, 06:04 PM
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I'm about to just put a bunch of money in ARK, wait for it to rise a bit and start selling covered calls, who knows when this clown market will crash tbh I've heard people saying that for years and years now
post 1630212953 01-31-2021, 06:10 PM
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#66
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Originally Posted By Schnitzl⏩
I'm just sad people are so deep into yoloing that they are taking their childrens college funds and dumping them there because "i'll sell off before everyone else" and end up selling at a 10x loss. People putting numbers like 400 000 into gme on reddit.

Also I think Melville is literally sitting in a meeting room 24/7 trying to figure out strategies how they can get out of this. They're not even worried anymore about how high it goes. Government steps in and refunds everyone? Call bankruptcy and set up a new one? What are their options to get out of this mess with small losses. Don't know what happened to VW in 2008, did the funds have to cough up the coin?

I'm only 40 in AMC just for lulz. If it goes up, lovely. If down, don't really care.
Melvin, point72, and the 3rd one are all out already.
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post 1630214033 01-31-2021, 06:25 PM
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#67
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Originally Posted By Schnitzl⏩
I'm just sad people are so deep into yoloing that they are taking their childrens college funds and dumping them there because "i'll sell off before everyone else" and end up selling at a 10x loss. People putting numbers like 400 000 into gme on reddit.
Yup. The people who got in early will be fine, but plenty of retards have jumped in at the highs. At the end of the day, this is about making money. No one's going to give a chit if you lose it all trying to become a "martyr."

I don't really know where GME will go from here, but it's 100% guaranteed that many of these fools will never get out.
post 1630215883 01-31-2021, 06:49 PM
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#68
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Originally Posted By Galindo62⏩
Compare vw stock history to gme stock history. How at all is it comparable?
VW had a massive short squeeze in 2008. The stock was heavily shorted, and Porsche secretly bought most of VW's shares. When investors realized what Porsche had done, VW went from 200 to 1000 in a couple days.
post 1630216423 01-31-2021, 06:57 PM
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#69
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Originally Posted By jademaster⏩
VW had a massive short squeeze in 2008. The stock was heavily shorted, and Porsche secretly bought most of VW's shares. When investors realized what Porsche had done, VW went from 200 to 1000 in a couple days.
I could not find on its chart but I just looked up articles on it. I was wrong.
I used to have an AVI of my traps and neck. I changed it a while back and tried editing my user title but this website is glitched and it will not let me change it anymore.
post 1630218643 01-31-2021, 07:34 PM
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#70
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Reds for $¥+ OP
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post 1630218673 01-31-2021, 07:34 PM
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#71
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Looking at going long on NTDOY. Thoughts?

Ark just picked up a bunch, motley fool recommends it. Solid company.

$72ish
There is no they…
post 1630219203 01-31-2021, 07:43 PM
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#72
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Futures from deep red to about even. Tomorrow might be a weird one.
post 1630219693 01-31-2021, 07:49 PM
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#73
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I don’t like this thread it feels inauthentic
post 1630220103 01-31-2021, 07:55 PM
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#74
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I'm selling my RKT shares once it hits 24 again. Not only because the stock is so ****, but also Dan Gilbert is such a slimy ass businessman. I would feel dirty getting rich investing in that mofo.
post 1630221673 01-31-2021, 08:16 PM
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#75
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lmfao @ jimmy ******* kimmel saying this is russia @ it w gme.


hey jimmy eat chit pal. now im gonna buy gme go cry some more about your ******* son, *******.
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post 1630222353 01-31-2021, 08:26 PM
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#76
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Originally Posted By topperstyle⏩
I don’t like this thread it feels inauthentic
I was about to make one last night, but decided getting banned might not be worth it
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post 1630223473 01-31-2021, 08:40 PM
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#77
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Originally Posted By topperstyle⏩
I don’t like this thread it feels inauthentic
No chino, poverty title, no links to previous threads.

A valiant attempt.
There is no they…
post 1630224963 01-31-2021, 09:02 PM
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#78
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Originally Posted By Mountaineer92⏩



lmfao @ jimmy ******* kimmel saying this is russia @ it w gme.


hey jimmy eat chit pal. now im gonna buy gme go cry some more about your ******* son, *******.
wouldn't be surprised if there are some russian or chinese elements involved tbh
post 1630228443 01-31-2021, 09:53 PM
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#79
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Originally Posted By GodsAssassin69⏩
Limited orders , feeling like socialism to me...

Anyway AMC is a guaranteed long term play. GME seems like it’s playing as crypto although it’s been limited.
I’ll throw a whale at y’all but they need to stop getting banned
I'm not so sure about the guaranteed long term play part. It was barely worth what it's at now the few years pre-pandemic when movie-going was pretty popular. Now you have all the streaming service popularity and people who won't really ever go back to going to a theater. After this Reddit shenanigans dies out, I'm not all that confident there's a story there.

Guess we'll see. But I just think AMC is in for a continued rough go after all this recent attention dies down. And it's inevitable.
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post 1630229823 01-31-2021, 10:11 PM
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#80
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When GameStop crashes I’ll be selling puts at the $1 strike one year out for .25-.3 premium (if I can, and I think I can once it starts crashing)

Should net easy returns as long as GameStop doesn’t go bankrupt within the time it takes price to stabilize and volatility to drop or 1 year
post 1630230273 01-31-2021, 10:19 PM
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#81
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Originally Posted By GodsAssassin69⏩
Got in around $2 because I knew it was going to pass 30, short squeeze irrelevant and disregarded
At $2 you may have something. I'm talking about the dudes piling in at $13 - $16 "becase short squeeze". I'd just be careful at those levels . . . this isn't going to last forever.

I don't pretend to be any kind of authority on it. Just saying I think there's a lot of people who may end up holding some serious bags. I hope they don't. Just seems pretty dicey.
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post 1630233373 01-31-2021, 11:13 PM
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#82
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Also stop shilling SLV



Citadel has the 5th largest holding in SLV which means they are going balls deep into promoting it to cover their GME losses.
post 1630237103 02-01-2021, 12:41 AM
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#83
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Silver at $30

AG up 30%

Gonna open up +$5400 on that for me if it holds nice. Almost paper handed it for a $500 loss Friday
post 1630237263 02-01-2021, 12:44 AM
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#84
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Originally Posted By taf1968⏩
Might be a buying opportunity week, then.
I feel like it’d be better to wait it out till this hedge fund vs the people war is over. Then I’m sure everything will be on discount

We’ll see how tomorrow is
Originally Posted By Schnitzl⏩
Also stop shilling SLV



Citadel has the 5th largest holding in SLV which means they are going balls deep into promoting it to cover their GME losses.
This. This needs a PSA, they were trying to bot spam and dilute everyone’s funds away from GME
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post 1630237363 02-01-2021, 12:46 AM
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#85
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Originally Posted By Harry362⏩
Silver at $30

AG up 30%

Gonna open up +$5400 on that for me if it holds nice. Almost paper handed it for a $500 loss Friday
Already paper handed for barely above break even. Fuk. Silver has disappointed me so many times I had my doubts.
post 1630237413 02-01-2021, 12:48 AM
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#86
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Originally Posted By Lb54TG⏩
I feel like it’d be better to wait it out till this hedge fund vs the people war is over. Then I’m sure everything will be on discount

We’ll see how tomorrow is



This. This needs a PSA, they were trying to bot spam and dilute everyone’s funds away from GME
It’s working get on the silver train
post 1630239043 02-01-2021, 01:38 AM
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#87
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Originally Posted By topperstyle⏩
I don’t like this thread it feels inauthentic
Make the new official investing thread
post 1630239573 02-01-2021, 02:00 AM
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#88
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My $7 AMC 2/5 cash secured puts are going to print tomorrow.

Sold 40 contracts on Friday and already up $1800
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post 1630240733 02-01-2021, 02:47 AM
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#89
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To be fair there have ALWAYS been bot spams and fake account spams on wsb.
I used to have an AVI of my traps and neck. I changed it a while back and tried editing my user title but this website is glitched and it will not let me change it anymore.
post 1630241883 02-01-2021, 03:38 AM
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#90
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Originally Posted By Schnitzl⏩
Also stop shilling SLV



Citadel has the 5th largest holding in SLV which means they are going balls deep into promoting it to cover their GME losses.
Exactly this.
Wallstreet is playing reddit
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