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Thread: **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

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06-09-2021, 06:03 PM
#3601
Originally Posted By NoScrubz⏩
Oof GME. Live by the meme die by the meme
It tanked AHs because every ETF owning GME was shorted lmao. I think it tests $360 tomorrow. I bought 10 more shares.
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06-09-2021, 06:09 PM
#3602
Originally Posted By Bavaria⏩
You in anything besides Oil & Gas?

I opened positions in Wheaton Precious Metals, Altagas, Pembina, Ivanhoe Mines, First Quantum, Keyera, and ATCO a few months ago when I reshuffled my portfolio from tech/growth. I am quite heavy now in precious metals, gold, commodities but it's been working out great so far.

You figure $70 oil is here to stay short to midterm? I have no firm numbers but I believe OPEC+ still has over 3mil idled production…or more.
IMO 65 is near term bottom. Waaaay more chances of things causing oil to go up than down. Biden gonna destroy US oil. Trudeau won’t help their industry really- he just let Biden cuck the keystone pipeline. Middle East still a hellhole with oil shooting out.
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0.4 mg of party's over wake the FK up!
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06-09-2021, 07:54 PM
#3603
Originally Posted By lntense⏩







Nothing wrong with getting yucky with the boys



What were your biggest losers though?
Heavy in meme stocks. AMC, WISH, CLOV, GME. I can't wait to see what happens the next two days
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06-09-2021, 08:52 PM
#3604
Every day i get more confident in the moass for gme. The dd is right there. Its actually hilarious to see all the shills on WSB now pumping random ****. GME is the way
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06-09-2021, 09:00 PM
#3605
Originally Posted By TugOfPeace⏩
This damn covered call will be the end of me if that happens. I doubt it though, this isn't a stock that was heavily shorted
It doesn’t need to be super shorted tbh. Isn’t GME’s short float only like 20%?
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06-09-2021, 09:04 PM
#3606
Originally Posted By Venom08⏩
It doesn’t need to be super shorted tbh. Isn’t GME’s short float only like 20%?
Lol if you think the short interest is only 20%
AHT did a 1/10th reverse split bro. Its literlly at its all time high rn
Im not saying it wont go up but its at its all time high
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06-09-2021, 09:18 PM
#3607
Originally Posted By TugOfPeace⏩
So you're saying it's effectively trading at $70/share?

It was trading at $86/share mid 2018 so I dont think it's all time high has been reached. It has room to grow, not just because it was trading higher back then but because it's valuation has probably increased over the past 3 years along with increased pumping due to the current trading environment.. although I am skeptical of it reaching $20 like venom says.

Seems like $10-12 would be more reasonable
It might pump a little bit more bro but the fact its almost trading at
Near All time high during the pandemic is a bit sketchy.
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06-09-2021, 09:19 PM
#3608
Originally Posted By TugOfPeace⏩
So you're saying it's effectively trading at $70/share?

It was trading at $86/share mid 2018 so I dont think it's all time high has been reached. It has room to grow, not just because it was trading higher back then but because it's valuation has probably increased over the past 3 years along with increased pumping due to the current trading environment.. although I am skeptical of it reaching $20 like venom says.

Seems like $10-12 would be more reasonable
Yeah, idk why he thinks it’s at aths. If it did a 1/10 split then that $86 ath would have been $860 and it’s worth $67 rn.
I’m just saying in this environment, and with the already incredible pump it’s had, there’s a lot more room to go. Especially since there were a crap ton of June 7.5c bought earlier in the month. Someone is confident enough and knows it’ll close well above that by next Friday. So fine, even $10 by then is likely.
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06-09-2021, 09:29 PM
#3609
Originally Posted By Venom08⏩
Yeah, idk why he thinks it’s at aths. If it did a 1/10 split then that $86 ath would have been $860 and it’s worth $67 rn.
I’m just saying in this environment, and with the already incredible pump it’s had, there’s a lot more room to go. Especially since there were a crap ton of June 7.5c bought earlier in the month. Someone is confident enough and knows it’ll close well above that by next Friday. So fine, even $10 by then is likely.
No hate for you guys at all. If it goes up it goes up. Im just stating my opinion. Nothing but respect for you guys voiceing your thoughts itt so we can all make money. Lets get dis bread!
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06-09-2021, 10:16 PM
#3610
Originally Posted By Destor⏩
I can't wait to get into movie theatres again but AMC has been losing money for a long af time. Instead of going Chapter 11 and being restructured into a profitable model the way a failing company should in a capitalist economy, the meme stonk rally is allowing them to dump shares and stay afloat for longer than they should

Unfortunately we can bet on nothing materially changing and the company continuing to lose money despite all this. If they had a hope of turning things around, it would have happened in one of the many previous years where they were floundering
Chapter 11 during COVID? Please explain what your approach would be.

Shorting serves a purpose and has it’s place, but AMC isn’t it.
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06-10-2021, 01:28 AM
#3611
Pre market not looking good for GME and AMC
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06-10-2021, 01:34 AM
#3612
Originally Posted By TugOfPeace⏩
howaboutno.jpg

I would rather see an epic movie like lord of the rings on the big screen
this

for example: watch Dr. Strange 3D surround sound at the theaters and then go and watch it at home… NOT EVEN CLOSE

the business model needs some tweaking - not question about that
"Paper money is going away" - EM
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06-10-2021, 01:37 AM
#3613
Originally Posted By MinisterOfLust⏩
Pre market not looking good for GME and AMC
but if u went in heavy last night (to avg down in my case) and then sold at PM opening you would have make some easy cash
"Paper money is going away" - EM
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06-10-2021, 04:32 AM
#3614
puts on clover?
"Paper money is going away" - EM
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06-10-2021, 05:53 AM
#3615
Originally Posted By MinisterOfLust⏩
Pre market not looking good for GME and AMC
There’s 4million more borrowed shares.

They’re probably going to attack the chit out of them both today.



Citadel bought more into MVIS. Could be the next clover. Careful out there brahs lol
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06-10-2021, 06:38 AM
#3616
Originally Posted By camaleom⏩
puts on clover?
imo yes. itll drop like a fly tmrw eod
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06-10-2021, 06:39 AM
#3617
clov just fell off a cliff lmao
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06-10-2021, 06:47 AM
#3618
sitting today out. done losing all my money in this meme **** show
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06-10-2021, 06:48 AM
#3619
Originally Posted By ListenHereBruh⏩
sitting today out. done losing all my money in this meme **** show
Maybe invest in non-meme stonks then….


Novel concept i know.
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06-10-2021, 06:49 AM
#3620
Originally Posted By twovalvekid⏩
Maybe invest in non-meme stonks then….


Novel concept i know.
just bought some mvis/ lets get dis bread
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06-10-2021, 06:58 AM
#3621
why the **** am i losing money on wkhs 15p even though its going down. wtf
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06-10-2021, 07:00 AM
#3622
Originally Posted By ListenHereBruh⏩
why the **** am i losing money on wkhs 15p even though its going down. wtf
IV brah

Side question: is bark box a meme stonk yet?
STEM Wagie Brah
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06-10-2021, 07:00 AM
#3623
ListenHereBruh feels like a good example of the gamblers who have limited outlets right now and thus have moved into the stock market


Also the Nigerian National Oil Corporation is joining Russia in sounding the alarm over the lack of O&G investment potentially driving crude prices to $200/bbl
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06-10-2021, 07:02 AM
#3624
Anyone else get raped by JPow today?
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06-10-2021, 07:03 AM
#3625
CLOV about cut itself in half in less than two trading days
Journal: https://forum.bodybuilding.com/showthread.php?t=139898123&page=240
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06-10-2021, 07:05 AM
#3626
Up 200% on Thermofisher calls in 2 days hnnng. Some other junk I picked up starting to print more. BAC calls should start to print soon as well. It never stays this for long. Still time for you to profit. Missed out on WMT and AMD at end of market thinking they might go down from CPI. Would be up 100% on those if I took it.
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06-10-2021, 07:07 AM
#3627
Originally Posted By SipNPiz⏩
IV brah

Side question: is bark box a meme stonk yet?
da fk is an IV
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06-10-2021, 07:09 AM
#3628
mvis lookin thick solid tight. less get dis breadd
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06-10-2021, 07:13 AM
#3629
CLov put printingg brrrrr
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06-10-2021, 07:14 AM
#3630
CLOV and CLNE have put the nail in my coffin
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