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Forum » More General Categories » Education/Career/Finance » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
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05-14-2021, 09:26 AM
#1621
Originally Posted By ListenHereBruh
not liking its up and down action

Pretty consistent down trend the past month. Same with the rest of growth/tech.


Don't be surprised for that to continue, especially if shorted stocks in the market start squeezing. Tesla and others will suffer.
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05-14-2021, 09:26 AM
#1622
lol at gme barely any volume yet price is dropping even though no one is selling
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05-14-2021, 09:27 AM
#1623
Originally Posted By lntense
Pretty consistent down trend the past month. Same with the rest of growth/tech.


Don't be surprised at $530 or lower.
eh i sold it yesterday for 4k loss lol
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05-14-2021, 09:30 AM
#1624
Originally Posted By ListenHereBruh
lol at gme barely any volume yet price is dropping even though no one is selling
Are we looking at the same order book?



Originally Posted By ListenHereBruh
eh i sold it yesterday for 4k loss lol

Seriously? Never sold tesla at a loss. lol. Down 7k today though.
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05-14-2021, 09:31 AM
#1625
Originally Posted By PermaBulk610
Added more Draft Kingz the last couple days.
I'm sitting on 300 shares @ 45.92 avg. Decent decision to add more when it was tanking, I'm almost back even now.
At 256 shares of PLTR @ 23.76 avg. Still down a bunch, but today is giving me some hope! Let's Go!!!
Good move on the DKNG, I added more too along with tech and a few others. Already up today it was tough averaging down but I knew it was the right decision to buy more chit.
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05-14-2021, 09:39 AM
#1626
Originally Posted By lntense
Are we looking at the same order book?






Seriously? Never sold tesla at a loss. lol. Down 7k today though.
eh lol didnt really care after elon fcked the crypto market. **** him.
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05-14-2021, 09:42 AM
#1627
Originally Posted By lntense
Blackrock and Vanguard bought 66 million shares of AMC. Making their total 398 million shares.

Numbers don't add up, squeeze soon!
this lol at what point hf shorting the stock are going to say no mas?

no hurry… I can wait for my tendies… a few more months before real summer get here lol
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05-14-2021, 09:47 AM
#1628
Originally Posted By camaleom
this lol at what point hf shorting the stock are going to say no mas?

no hurry… I can wait for my tendies… a few more months before real summer get here lol
****ing idiots eh lol
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05-14-2021, 09:48 AM
#1629
anyone know why gme and amc have the exact same chart?
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05-14-2021, 09:55 AM
#1630
Originally Posted By ListenHereBruh
eh lol didnt really care after elon fcked the crypto market. **** him.

I think there is a lot more too that than just the fossil fuel aspect. China is one of the largest users of coal for energy to mine crypto. Elon is at odds with China. Tesla is a public company keep in mind.


If he wanted to manipulate the market by buying bitcoin, pumping it, then selling at that gain, wouldn't he ultimately end up going back into bitcoin probably? I think there is a lot we don't know about that.


Doge may in fact be more beneficial for Tesla as a company as fuked up as that sounds. I'm pretty sure Elon has figured out by now who the majority holders of Doge are and it poses less risk with MASSIVE upside potential.

I don't put anything past Musk, people like to bash him and then boom he's doing something cutting edge and new that produces crazy return and progress forward. IMO he thinks so much more bigger picture than 99% of us.


He generated so much more interest in crypto overall, and especially Doge for a reason. Like he's setting it up for something. A little negative press right now is better than negative press when the markets are flourishing.


Originally Posted By camaleom
this lol at what point hf shorting the stock are going to say no mas?

no hurry… I can wait for my tendies… a few more months before real summer get here lol
Dude, it blows my mind. My account fluctuating by thousands is a little nerve racking but I haven't sold any and don't plan to.



Originally Posted By ListenHereBruh
anyone know why gme and amc have the exact same chart?

Many similarities and community behind it. They tend to run in-tandem.
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05-14-2021, 09:58 AM
#1631
Originally Posted By ListenHereBruh
lol at gme barely any volume yet price is dropping even though no one is selling
that's not how price action works. volume could theoretically be 1 for the whole day and if buyer/seller agreed to trade at $1 then that's the price it's traded at
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05-14-2021, 10:02 AM
#1632
Originally Posted By ListenHereBruh
anyone know why gme and amc have the exact same chart?
I stopped doing that because if you look a lot if not most charts are just magnitudes different from each other.

What is this barge backup due to bridge crack going to do to ag commodity prices (spec corn). Should go up right?
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05-14-2021, 10:04 AM
#1633
Originally Posted By lntense
Dude, it blows my mind. My account fluctuating by thousands is a little nerve racking but I haven't sold any and don't plan to.
I haven't touch my position either - waiting for power hr to add some - crossing my fingers we close above 14 man
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05-14-2021, 10:11 AM
#1634
Originally Posted By camaleom
I haven't touch my position either - waiting for power hr to add some - crossing my fingers we close above 14 man

GJDM! I'm already in so heavy, if it goes below $13 I'm adding, hate averaging up for psychological reasons.


As long as we close above $13 today, next week should be good I think.



Originally Posted By rootcon
I stopped doing that because if you look a lot if not most charts are just magnitudes different from each other.

What is this barge backup due to bridge crack going to do to ag commodity prices (spec corn). Should go up right?
Agreed on the charts on amc and gme.

More than likely. Any reason they have to increase prices on commodities they will capitalize on. Even if it's mostly irrelevant(Colonial pipeline). Pretty sure O&G benefited quite a bit from the "hack". That they probably staged. paranoidparrot.png

I work in oil and gas so only helps me for the time being lol.
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05-14-2021, 10:26 AM
#1635
I’m curious what qqq will do at 330 and 340
https://imgur.com/a/vANIDnD

So far, it tested and bounced off support at 317
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05-14-2021, 10:30 AM
#1636
Might pick up more AMZN. That loan they announced should boost the stock, or at least make it incompressible during a downturn
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05-14-2021, 10:38 AM
#1637
Originally Posted By lntense
Dude, it blows my mind. My account fluctuating by thousands is a little nerve racking but I haven't sold any and don't plan to.
Same. Mine has fluctuated anywhere from $4k-$11K almost every single day. It is stressful lol
See title.

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05-14-2021, 10:50 AM
#1638
Originally Posted By rootcon
Might pick up more AMZN. That loan they announced should boost the stock, or at least make it incompressible during a downturn
Waiting for a split..




Originally Posted By Lefticle
Same. Mine has fluctuated anywhere from $4k-$11K almost every single day. It is stressful lol

Das it though
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05-14-2021, 10:57 AM
#1639
Originally Posted By Lefticle
Same. Mine has fluctuated anywhere from $4k-$11K almost every single day. It is stressful lol
Still down from the gaping but at least up $11k today
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05-14-2021, 11:28 AM
#1640
Up fat today
STEM Wagie Brah
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05-14-2021, 11:29 AM
#1641
big day today. sure hope this continues next week
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05-14-2021, 11:34 AM
#1642
my eth play back where it was before elon tweet - pretty happy with today so far

little annoyed that i closed some positions yesterday but nobody has a crystal ball
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05-14-2021, 11:41 AM
#1643
PLTR mooning… hope you mouthbreathers listed to be and loaded the boat
He/Him/Bro
Let's go Brandon!!
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05-14-2021, 12:13 PM
#1644
Originally Posted By topperstyle
Jfl at my biggest gainers today being pltr and rkt
good opportunity to get rid of it.
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05-14-2021, 12:43 PM
#1645
locked in some amc gme profit - solid week overall

now onto the weekend crypto pump lol
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05-14-2021, 12:49 PM
#1646
Originally Posted By thatsnarf
good opportunity to get rid of it.
Potato/10 financial advice
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Let's go Brandon!!
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05-14-2021, 12:51 PM
#1647
I still markets are overdue for a correction + inflationary pressures are building, but looks like all of my puts were a bad call. Think I will close out all options on days my options are green and just stick to long positions - I just don't have the time or sophistication to effectively trade derivatives. Still think good time to get into commodities given the potential for increased inflation.
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05-14-2021, 12:55 PM
#1648
AMC almost closed above $13, still set up nice for next week!






Originally Posted By camaleom
locked in some amc gme profit - solid week overall

now onto the weekend crypto pump lol

Yeah, curious how crypto is going to do this weekend.



Originally Posted By thatsnarf
good opportunity to get rid of it.

Nah that ain't it
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05-14-2021, 01:05 PM
#1649
Originally Posted By lntense
AMC almost closed above $13, still set up nice for next week!
between AH, futures, and PM we prob going to start monday 12 plus the reg dip during first few hrs… I will get back fully back in then lol

I have been taking profit on amc and gme on regular bases lol not even mad
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05-14-2021, 01:20 PM
#1650
Today is when you wish you had bought the dips.

Great day Mr. Joe Biden!

Thank you Mr. president
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