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Forum » **OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
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Thread: **OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR

post 1630108303 01-30-2021, 10:52 AM
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#11881
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Originally Posted By VoxExMachina⏩
The market's drop is no where near enough to be called a correction yet. Take a look at the graph of Dow, S&P, Nasdaq, or any stock you are looking at over the last 1 or 2 year time period. You'll see that the indexes are still very near their all time highs, as are most "good" investment stocks. You have to look at things in a yearly or multi-yearly context (when it comes to investing), not daily.

A true correction is something like 20-30% down, and very possibly even more given how much valuations have ballooned over the last 3+ years. Whether that will occur, when it will occur is anyone's guess tho.
A "correction" is between 10 and 20 percent, a bear market is 20%+.
post 1630108633 01-30-2021, 10:57 AM
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#11882
  1. TugOfPeace
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Originally Posted By Heaney⏩
A "correction" is between 10 and 20 percent, a bear market is 20%+.
That's it? Chit, all this time I've been worried about losing 50% of my portfolio value in an instant
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1630108733 01-30-2021, 10:58 AM
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#11883
  1. dmaaack
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Thoughts on this interview? Jeremy Grantham predicts massive bubble pop soon:

post 1630108743 01-30-2021, 10:59 AM
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#11884
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Originally Posted By GodsAssassin69⏩
It’s not that insane. From what I read I had the lowest in at 2.3, when AMC fell I doubled up and it only pushed me to like 4.81 now I know I didn’t get in the dip preferred spot but, the bottom is already sold out. I actually bought back in around 150% gain just because I seen a 400% gain and I knew low 90-150% is the best Ide see because before the fad I was planning on riding AMC to 28-35 plans changed I think the AMC company will be able to use these new funds to upgrade and eliminate cash burn, just as GameStop could become the new spot where everyone goes to actually play games against each other, a PS5 is so expensive that I could see GameStop being the new LAN tournament spots for some of this esports. I’ve been trying to grow my cross game Legion for years now and we want to all be professional, hell all those players in the current tournaments could just afford to play and it’s our turn the money is shifting and it’s no longer about how many slaves you have it’s about how well you can survive without spending a god damned cent or high intelligence. No more stupid people with money.
But the fact its still heavily shorted and wallstreet has to buy the calls that expire monday will definitely push it close to 20 or more. Monday will be the craziest day yet for AMC.
post 1630111243 01-30-2021, 11:34 AM
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#11885
  1. VoxExMachina
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Originally Posted By Heaney⏩
A "correction" is between 10 and 20 percent, a bear market is 20%+.
If a market was trading in a steady range with reasonable P/E ratios, then 10-20% might be called a correction. When it's sitting at all time highs with massively inflated valuations, I'd say 20-30% is more like it. It's not some Webster's definition to begin with, and even when people try to define it there are other factors like where the market is compared to its moving averages, etc.

A Bear Market most commonly refers to anextended period of timewhere sellers, selling pressure, and negative or defensive sentiment are the predominant forces. If you want a term that would be beyond a correction it would be a "crash".







See, I can be argumentative too. The point was that the guy I was replying to was asking if last week's moves were a correction that would be enough to consider long term investment.
☠ By reading this post, you have agreed to my negative reputation terms of service.
post 1630111853 01-30-2021, 11:41 AM
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#11886
  1. GodsAssassin69
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No surrender, No retreat. Eat hardy men for Tonight we dine in hell
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post 1630112223 01-30-2021, 11:46 AM
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#11887
  1. Travis99
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I’m not great with finviz but it looks like silver is heavily shorted as well?
There is no they…
post 1630112563 01-30-2021, 11:51 AM
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#11888
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[QUOTE=dmaaack post_id=1630108733]Thoughts on this interview? Jeremy Grantham predicts massive bubble pop soon:

[youtube]RYfmR/youtube][/QUOTE]My thoughts are that I trust no one who is in the media or who has had anything to do with the financial industry in the past 40 years. Just watched an interview of Jim Cramer who was caught on camera saying everyone who does anything in hedge funds is doing it for their gain and they don’t care if it’s legal or not.
There is no they…
post 1630112723 01-30-2021, 11:53 AM
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#11889
  1. GodsAssassin69
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Originally Posted By Travis99⏩
I’m not great with finviz but it looks like silver is heavily shorted as well?
GOLD, GLD, SLV, SLVP all on way up got in last week on meme stock freeze.

Even NASDAQ and other like SPY only fell to my minimum buy in aswell. I think I used $1. I started November 11, 2019, with $10 Quit job and started day trading more aggressively on October 19, 2020 with $1000. As always I double up on drops and starting with $1 I could afford it a few times but I have over 70 different stocks now and all the crypto offered on RobinHood.
Super Saiyan Crew

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Three things can not be hidden long, the sun, the moon, and the truth.
post 1630113303 01-30-2021, 11:59 AM
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#11890
  1. chalup
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Originally Posted By VoxExMachina⏩
I really shouldn't even comment on this because I haven't looked into this stock at all, and I'm not saying you don't know what you're talking about or anything.

But people have to remember that a lot of this information is coming from just a handful of voices on WSB's or wherever, then being echo-chambered by everyone reading those threads as if they are facts. In this type of situation, I'd believe about 5% of what I read, and then go verify that as well.

Stay safe, MEME bros.
I'm not in either, I feel the meme stocks are going to be frozen at anytime. But it is still being shorted and the calls are set to expire monday in the money. These are facts. What happens monday? Who knows. I'm tempted to throw 500 in AMC just to see what happens. I wouldn't touch GME at all. And ofcourse its an echo chamber and I'm sure the people who initially started this have cashed out most of their holdings. But it has home grown into something huge with most people holding til 1000 or 0. It's something that has never happened that I know of.

edit: and there are a couple of people who have multi millions and holding even down 5mil.
post 1630113403 01-30-2021, 12:01 PM
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#11891
  1. chalup
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Originally Posted By Travis99⏩
I’m not great with finviz but it looks like silver is heavily shorted as well?
It is. i bought 500 of AG Friday. We will see what happens with it. Gold/silver mining companys and ETFS would be a good thing to get into right now.
post 1630113823 01-30-2021, 12:08 PM
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#11892
  1. GodsAssassin69
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2 weeks ago the 1st one to do this was XELA and they really screwed their share holders doing a reverse split, GameStop will do the same thing.
Super Saiyan Crew

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post 1630113873 01-30-2021, 12:09 PM
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#11893
  1. chalup
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Originally Posted By GodsAssassin69⏩
2 weeks ago the 1st one to do this was XELA and they really screwed their share holders doing a reverse split, GameStop will do the same thing.
They have to give like 30 days notice of a RS though. Timing getting out is the thing. I still think GME will get frozen by SEC next week.
post 1630114093 01-30-2021, 12:13 PM
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#11894
  1. GodsAssassin69
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Originally Posted By chalup⏩
They have to give like 30 days notice of a RS though. Timing getting out is the thing. I still think GME will get frozen by SEC next week.
Was in on .41 stock went to like $3 reverse split, no warning. Even the chart is ****ed up beyond recognition. Had to pull out with only %80 gain down from what 400% all during midnight hours. I took $80 of profit and went in on GME at 350 and I’ll lose that $80 no fuks to give. I bought last year’s Yugioh game 1st on PS4 so im good

Edit* Crypto does this too they call it block chains and all profits get ****ed.
Super Saiyan Crew

Mind. Body. Soul.

Three things can not be hidden long, the sun, the moon, and the truth.
post 1630114313 01-30-2021, 12:17 PM
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#11895
  1. chalup
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Originally Posted By GodsAssassin69⏩
Was in on .41 stock went to like $3 reverse split, no warning. Even the chart is ****ed up beyond recognition. Had to pull out with only %80 gain down from what 400% all during midnight hours. I took $80 of profit and went in on GME at 350 and I’ll lose that $80 no fuks to give.

Edit* Crypto does this too they call it block chains and all profits get ****ed.
They have to file votes on it dude, I'm 99% positive they can't just do a RS overnight. Even if they know they have the votes which they always do, paperwork is filed for it.
post 1630114433 01-30-2021, 12:20 PM
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#11896
  1. GodsAssassin69
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Originally Posted By chalup⏩
They have to file votes on it dude, I'm 99% positive they can't just do a RS overnight. Even if they know they have the votes which they always do, paperwork is filed for it.
Possibly but I’m saying you will have no clue.
Super Saiyan Crew

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post 1630115093 01-30-2021, 12:30 PM
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#11897
  1. GodsAssassin69
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The real MVP’s are the guys in here doing premarket and after market run ups. I don’t have any clue about calls and stuff like margins Ide never try that, but stay strong, full support.
Super Saiyan Crew

Mind. Body. Soul.

Three things can not be hidden long, the sun, the moon, and the truth.
post 1630115123 01-30-2021, 12:31 PM
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#11898
  1. MediocreGains
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Originally Posted By Travis99⏩
Almost every position I hold I am down overall. I only have 1 meme stock which is nok. Everything else is what I thought to be good companies. Aside from a couple new companies that may or may not do well.

TSLA -$70.28
BA -$499.06
CRSP -$518.80
ARKK -$156.77
TSM -$9.98
ARKG -$147.38
BNGO -$22.60
MRO +$117.68 (the only position I’m up in)
MVIS +$446.17 (sold a $3 cc so none of that is mine)
NOK -$330.60
RECAF -$11.19
DFLY -$9.56


Really depressing, seems like I should probably just cut my losses and give up trading all together. I’m not sure what’s gonna happen but I feel like an idiot.
Stocks go up and stocks go down. Trading also isn't the same thing as investing, so you should know which one you're doing when you buy a stock.
post 1630117143 01-30-2021, 01:00 PM
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#11899
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Originally Posted By TugOfPeace⏩
That's it? Chit, all this time I've been worried about losing 50% of my portfolio value in an instant
I think you still can loose even more than 50%, you aren't holding broad etf are you ? Individual stocks, especially the overvalued ones will drop more than the broad indexes, much more IMO, but idk someone more experienced could chime in on this

this is why I liquidated my large position in pltr, when **** hits the fan that one will see low teens imo
post 1630122823 01-30-2021, 02:30 PM
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#11900
  1. johnnyboi123
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blackrock bought 333,048,530 shares of Nokia. Fuuuark get comfy nok boyos.

https://fintel.io/so/us/nok/blackrock


edit: looks like they increased their stake, already owned 311M previously.
post 1630123143 01-30-2021, 02:34 PM
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#11901
  1. extendlol
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Thoughts on LI.V ? Lithium has been up 700% since March 2020...
*Voices opinion without fear of being negged crew*


*SHAME 🔔 SHAME 🔔 SHAME 🔔 SHAME 🔔 SHAME 🔔 SHAME 🔔 SHAME 🔔 Crew*
post 1630123393 01-30-2021, 02:41 PM
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#11902
  1. NoScrubz
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Originally Posted By chalup⏩
Hope anyone who had amc and gme listened and sold yesterday. Was obviously going to crash.
Originally Posted By chalup⏩
AMC gonna drop 80%. Anyone who held LOL. A company about to go bankrupt got bailed out. I would have been happy with a 1 bagger some people held for over 300% and will lose it all.
Originally Posted By chalup⏩
lol. Good luck to you AMC bros. Would hate for people to lose ALOT of money on shietty advice. They were about to go bankrupt and got bailed out.. A failing company has to make drastic changes or they will be there again at the end of the year. Might drop to 7-8$ today once panic hits at 10.
Originally Posted By chalup⏩
Still going on etrade. I would say it might get suspended soon. Remember kodak? GTFO out of it too.
Originally Posted By chalup⏩
AND the bottom falls out of GME. Seen it coming.
Originally Posted By chalup⏩
I trade penny stocks and crypto. I was giving legit advice. There are going to be many bagholders and I didnt want my misc brahs to be them. I don't have enough money to trade stocks like GME and tsla. I could have gotten on the AMC train but again I trade the otc. Just look at the chart for GME. A MASSIVE gap has to be filled at 150. It always corrects itself.
Originally Posted By chalup⏩
Are calls due for GME like AMC on monday? going to try and add AMC on etrade monday. It's going to rocket and might crash the brokers.
Originally Posted By chalup⏩
People are holding GME regardless and calls are going to expire in the money making wallstreet buy them at a premium, not even counting shorts. It could seriously hit 800-1000, AMC could hit 100-150 next week. i think we see SEC lock trading though so the money might be frozen its a chance you have to take.

The fact you have nerds who spent thousands of dollars and werent scared into selling when RH and other brokers did all the shady shiet and said they will hold regardless is crazy, something we haven't seen in a while.
Originally Posted By chalup⏩
But the fact its still heavily shorted and wallstreet has to buy the calls that expire monday will definitely push it close to 20 or more. Monday will be the craziest day yet for AMC.
This is when you know the top is near lmao
post 1630124853 01-30-2021, 03:03 PM
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#11903
  1. Heaney
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Originally Posted By VoxExMachina⏩
If a market was trading in a steady range with reasonable P/E ratios, then 10-20% might be called a correction. When it's sitting at all time highs with massively inflated valuations, I'd say 20-30% is more like it. It's not some Webster's definition to begin with, and even when people try to define it there are other factors like where the market is compared to its moving averages, etc.

A Bear Market most commonly refers to anextended period of timewhere sellers, selling pressure, and negative or defensive sentiment are the predominant forces. If you want a term that would be beyond a correction it would be a "crash".







See, I can be argumentative too. The point was that the guy I was replying to was asking if last week's moves were a correction that would be enough to consider long term investment.
https://www.schwab.com/resource-cent...20or%20greater.

There's a difference between you being "argumentative" and just being flat out wrong. Now head back to the general misc because your contributions to this thread are mind numbingly stupid.
post 1630125263 01-30-2021, 03:12 PM
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#11904
  1. Travis99
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Originally Posted By johnnyboi123⏩
blackrock bought 333,048,530 shares of Nokia. Fuuuark get comfy nok boyos.

https://fintel.io/so/us/nok/blackrock


edit: looks like they increased their stake, already owned 311M previously.
Moon please.
There is no they…
post 1630126203 01-30-2021, 03:27 PM
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#11905
  1. buckeyenutz
  2. ɪɴᴛᴊ
  1. buckeyenutz
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Originally Posted By chalup⏩
AND the bottom falls out of GME. Seen it coming.
When reports started coming that RH was halting buys I figured their clearinghouse changed the rules on them—classic defense against a squeeze and then another counter with hedges trading back and forth between each other with counterfeit shares. They’re pulling out every tactic to shake away holders, but not at the volume they need to. It will be really interesting to see what happens on Monday when people have presumably moved away from RH.
ʙ ᴜ ᴄ ᴋ ᴇ ʏ ᴇ ✭ ɴ ᴀ ᴛ ɪ ᴏ ɴ
post 1630126393 01-30-2021, 03:30 PM
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#11906
  1. Galindo62
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I doubt people will actually have moved from robinhood. At Amy rate in a week we will see announcements from other brokers indicating an increase in users
Originally Posted By NoScrubz⏩
This is when you know the top is near lmao
Shameless chalup

Chalup what do you have to say for yourself?
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 1630126843 01-30-2021, 03:36 PM
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#11907
  1. TugOfPeace
  2. 1012 ng/dl
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Originally Posted By Galindo62⏩
I doubt people will actually have moved from robinhood. At Amy rate in a week we will see announcements from other brokers indicating an increase in users



Shameless chalup

Chalup what do you have to say for yourself?
society is full of cucks, they'll suck on robinhood's nutsack after they get pumped and dumped because they have no self respect
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1630129213 01-30-2021, 04:09 PM
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#11908
  1. Exiled93
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Has anyone heard anything about RH if they're easing restrictions for Monday?

About to make a ToS account but sucks having shares and money tied up in robinhood that I can't transfer yet.
post 1630129433 01-30-2021, 04:13 PM
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#11909
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I want to move all my stuff out of RH but I don't want to pay the $75 fee. Trying to find a broker that will cover that.
post 1630130563 01-30-2021, 04:29 PM
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#11910
  1. GodsAssassin69
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Originally Posted By ghostfacedup⏩
I want to move all my stuff out of RH but I don't want to pay the $75 fee. Trying to find a broker that will cover that.
You missed out on best ins but still can make it, even PayPal had a pretty great deal before year end 2020, used to be free crypto trades, they even gave me the first $5. I try to buy everything in as many places as I can, even cashapp. It’s just that I started on RH and that’s where most long term plays are basically. I’m on a waiting list for WeBull who claims to give 2 free with first $100 and offers to pay transfers from your RobinHood but WeBull did the same thing on freeze I hear. Basically capitalize on the capitalism don’t put all your eggs in one basket give your family and friends free money on holidays and spread the truth spread the positivity.
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