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Forum » More General Categories » Education/Career/Finance » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
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07-01-2021, 11:13 AM
#4741
JFL @ the smooth brains here losing their chit at Cathy rotating stocks and selling a mere 2% of their PLTR holding. Damn retail investors.

LMFAO if you're not working overtime at the local glory hole to buy the dip
He/Him/Bro
Let's go Brandon!!
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07-01-2021, 11:26 AM
#4742
Too late to get into oil?

Tech clawing back
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07-01-2021, 12:21 PM
#4743
Jfl if you aren't jarring up your grandmother's farts to sell on eBay for more PLTR on this dip.
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07-01-2021, 12:25 PM
#4744
Originally Posted By Heaney
Jfl if you aren't jarring up your grandmother's farts to sell on eBay for more PLTR on this dip.
You still SPAC gang bra? What you holding these days?
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07-01-2021, 12:37 PM
#4745
Originally Posted By wrastler163
You still SPAC gang bra? What you holding these days?
Holding just under 50,000 IPOF warrants that I'm eating shiet on right now because I got greedy and didn't sell when they spiked.
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07-01-2021, 01:18 PM
#4746
that spac mania died quickly and quietly.

luckily I only used roulette money on btwn; Looks like it'll end up being a $400ish loss.
Spoiler alert; you die at the end.
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07-01-2021, 01:37 PM
#4747
Big calls on the VIX and puts on the SPY.
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07-01-2021, 01:40 PM
#4748
Originally Posted By lntense
Big calls on the VIX and puts on the SPY.
time 2 panic?
Spoiler alert; you die at the end.
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07-01-2021, 01:59 PM
#4749
Originally Posted By lntense
Just picked up some WISH at $12.02. I think it will bounce but could definitely be wrong.
agreed. you got in good

im speculating 18-20 range it will hit
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07-01-2021, 02:01 PM
#4750
Originally Posted By wrastler163
Lots of red today.

In on DIDI
down here too. just one of those days. taking next few days off.
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07-01-2021, 02:04 PM
#4751
went from-$400 to -$50 at close, not bad. Got a couple CSP's closing tomorrow to free up some $$$. Guessing tomorrow will be flat/red
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07-01-2021, 02:11 PM
#4752
Look at everything on the daily RSI. The big S&P stocks are almost all at 70 or above for a few days to weeks now. Exceptions would be things like Finance that just went through a 15% correction like a week ago. Things have to pop at some point soon. Volume is also really low all around. Probably people waiting for a dump to enter.
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07-01-2021, 03:24 PM
#4753
Originally Posted By MinisterOfLust
Is there a tech reset? Again? I am down by a lot man. Damn, where's that Palantir guy?
Assuming you're taking about me?

Holding strong, why would any of that have changed? If PLTR had opened anywhere sub $30 on it's first day of trading, I would have bought. Why would I sell now? Only reason I'm not picking up a few shares here and there with my cash flow is I have two substantial deals (unrelated to equities) in progress that require capital and/or cash reserves.
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07-01-2021, 05:57 PM
#4754
Originally Posted By johnnyboi123
Mommy Cathy did us pltr bros dirty….the betrayal .
She was buying every dip. Her position was getting too big, and it would've been retarded to not take profits.

Originally Posted By Venom08
It rejected a resistance tl at $27.5. Now it's heading back down to $23.00
Probably.

Originally Posted By wrastler163
Too late to get into oil?

Tech clawing back
Everyone in oil seems to be in euphoria mode, and those who missed out are getting FOMO. Of course no one knows for sure, but chances are that it's way too late to get in. Commodities aren't like stocks. They really do have a top.

Originally Posted By MinisterOfLust
Is there a tech reset? Again? I am down by a lot man. Damn, where's that Palantir guy?
I don't think so. It's just way too overbought, and some profit taking was necessary. Surprised it didn't come sooner.
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07-01-2021, 08:05 PM
#4755
I know we've all talked about the charts of different companies mirroring each other and its old news, but I still find it fascinating. Caught this earlier today and wonder how many companies have this same massive spike/drop a little after 4pm:





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07-01-2021, 10:16 PM
#4756
Richard Branson and SPCE are going up. FOMO on that moon mission. This is going to be over 200 easily and effortlessly.
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07-01-2021, 10:50 PM
#4757
Fuuu nasdaq futures red. hope they turn green on open
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07-02-2021, 12:43 AM
#4758
Originally Posted By wrastler163
Fuuu nasdaq futures red. hope they turn green on open
Your prayers have been answered. Let's see if it holds.
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07-02-2021, 04:40 AM
#4759
STAF pumping in PM—wasn’t this **** close to being delisted?
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07-02-2021, 05:25 AM
#4760
Originally Posted By buckeyenutz
STAF pumping in PM—wasn’t this **** close to being delisted?
They did a reverse split to keep from being delisted. 1 post-split share for every 6 pre-split shares.
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07-02-2021, 06:01 AM
#4761
Originally Posted By wrastler163
Too late to get into oil?

Tech clawing back
I'd wait until after the OPEC meeting. Price is lulling a bit right now waiting on that news. I suspect they'll increase production a bit more than initial estimates but it won't be a crazy increase out of nowhere. It'll dip a bit then come back.

Demand is strong and there's long term supply issues.
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07-02-2021, 06:51 AM
#4762
Originally Posted By MisterInfinity
l m a o
Lmao
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07-02-2021, 06:54 AM
#4763
Originally Posted By MinisterOfLust
I think MRIN got more room to grow. I will sell around 20.
Lmao
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07-02-2021, 06:59 AM
#4764
Just sold off 200 shares of VSTO.

A good trade, but I need to free up some cash imo.
Spoiler alert; you die at the end.
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07-02-2021, 07:10 AM
#4765
Originally Posted By dopamine72
I know we've all talked about the charts of different companies mirroring each other and its old news, but I still find it fascinating. Caught this earlier today and wonder how many companies have this same massive spike/drop a little after 4pm:





I really need to understand options better, but wouldn't those spikes reveal a lot to hedge funds if they're causing them, whether calls will issue to find resistance etc?
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07-02-2021, 07:18 AM
#4766
RIP AMC. This hurts a lot

And buying the dip on DIDI
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07-02-2021, 07:57 AM
#4767
Originally Posted By MediocreGains
Your prayers have been answered. Let's see if it holds.
I was surprised when I checked pre-market. I don't have too much in the nasdaq, but I've had an AMD leap that's been bleeding for months, finally gaining some momentum
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07-02-2021, 07:59 AM
#4768
Originally Posted By MinisterOfLust
RIP AMC. This hurts a lot

And buying the dip on DIDI
Tried to add to DIDI in the 14's, but as soon is i put in my limit order it went back into the 15's, oh well.

How far will NIO drop before it finds a bottom? If it hits $42 I'm buying
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07-02-2021, 08:07 AM
#4769
One of my worst days. Red dildos everywhere
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07-02-2021, 08:09 AM
#4770
Originally Posted By _zman
I really need to understand options better, but wouldn't those spikes reveal a lot to hedge funds if they're causing them, whether calls will issue to find resistance etc?
Can't be certain but 99% chance yes its some sort of institutional investor. I'm sure someone here could chime in with more info.
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