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Β» **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
05-17-2021, 01:34 PM
#1771
GME and CPE made green.
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05-17-2021, 01:52 PM
#1772
100 shares of uwmc at 8
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05-17-2021, 02:02 PM
#1773
after hours gme amd amc looking to keep running tmrw it seems
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05-17-2021, 02:03 PM
#1774
Originally Posted By Carbonfibre⏩
40% of his portfolio in TSLA puts thats some big dik energy
CNBC just picked it up
800,000 put contracts wow.
imagine the balls on this guy.
if he bought at peak when Tesla was $900 January. He must be up billion plus+ unreal
obviously he is probably out since filing deadline is today but actual 13F is March 31st.
Michael Burry of βThe Big Shortβ reveals a $530 million bet against Tesla
Burry, one of the first investors to call and profit from the subprime mortgage crisis, bought more than 800,000 Tesla put options contracts in the first quarter worth $534.4 million, according to the filing with the U.S. Securities and Exchange Commission. Investors profit from puts when the underlying securities fall in prices.
https://www.cnbc.com/2021/05/17/mich...nst-tesla.html
800,000 put contracts wow.
imagine the balls on this guy.
if he bought at peak when Tesla was $900 January. He must be up billion plus+ unreal
obviously he is probably out since filing deadline is today but actual 13F is March 31st.
Michael Burry of βThe Big Shortβ reveals a $530 million bet against Tesla
Burry, one of the first investors to call and profit from the subprime mortgage crisis, bought more than 800,000 Tesla put options contracts in the first quarter worth $534.4 million, according to the filing with the U.S. Securities and Exchange Commission. Investors profit from puts when the underlying securities fall in prices.
https://www.cnbc.com/2021/05/17/mich...nst-tesla.html
05-17-2021, 02:34 PM
#1775
Where are my gold silver haters?
Bring that hate and those ad hominem attacks!
Bring that hate and those ad hominem attacks!
"At the cost of being repetitive, I have to once again state my amazement at the aspect of human nature that allows us to mix the most rigorous skepticism and the most acute gullibility"
"As drowned worshippers do not write histories of their experiences (it is better to be alive for that), so it is with the losers in history, whether people or ideas"
"Secular bull markets are designed to take the least amount of people along for the ride as possible, call it universal law."
05-17-2021, 02:42 PM
#1776
Originally Posted By Sirtitan⏩
PSLV gang.
Where are my gold silver haters?
Bring that hate and those ad hominem attacks!
Bring that hate and those ad hominem attacks!
05-17-2021, 02:46 PM
#1777
Originally Posted By TugOfPeace⏩
Silver will break $40/oz before EOY.
I bought gold/silver a couple months back. Just about broke even on gold, but I think it'll be a long time before silver reaches breakeven for me. Paid around $33/coin, spot is like $27.5 right now.
05-17-2021, 02:58 PM
#1778
AMC after hours.
05-17-2021, 03:46 PM
#1779
Originally Posted By lntense⏩
How far can the squeeze go? I hear people saying to the 100'ss or even 1000's.
AMC after hours.
I mean maybe $30 is possible realistically speaking here?
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05-17-2021, 04:23 PM
#1780
Originally Posted By TugOfPeace⏩
Kinda feel the same. Could crash at any minute, I have learned the hard way.. I YOLOED into GME 30k on the squeeze. My portfolio ballooned to $85,000 however I didn't sell on time and cashed only around 15,000 gain. Was tough watching the crash. The volatility of these stocks are insane but the potential to make massive gains is there if you are willing to gamble/lose it all. Its so hard watching them moon and not getting FOMO.
I went in heavy many months ago when it was at $7 one evening, before it ever squeezed. Literally squeezed to $25 by open the next morning lmao. Probably the most I've ever made in a single trade that quickly.
I think it has a lot of room but I'm weary of buying in now. Meme stocks cost me quite a bit of money, it's literally the same as degen gambling.
I think it has a lot of room but I'm weary of buying in now. Meme stocks cost me quite a bit of money, it's literally the same as degen gambling.
On another note, anyone see the CEO interview of Lucid? It seems SHADY as fuk brahs. Seems kinda clueless. 577 sales projected this year, lol wut? and a significant increase next year the CEO says. He was stumbling over legitimate questions.
NKLA 2.0??
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05-17-2021, 04:56 PM
#1781
Originally Posted By TugOfPeace⏩
This is a gamma squeeze, and why Iβm in so much heavier in amc than gme.
I went in heavy many months ago when it was at $7 one evening, before it ever squeezed. Literally squeezed to $25 by open the next morning lmao. Probably the most I've ever made in a single trade that quickly.
I think it has a lot of room but I'm weary of buying in now. Meme stocks cost me quite a bit of money, it's literally the same as degen gambling.
I think it has a lot of room but I'm weary of buying in now. Meme stocks cost me quite a bit of money, it's literally the same as degen gambling.
First time amc followed GME. Setup is more ideal now than the first time it squeezed. Odds are definitely better with amc than any casino game right now. That could change pretty quick but the way itβs set up now and that HF keep doubling down itβs pretty probable it will squeeze very soon.
Anything is possible though.
05-17-2021, 05:56 PM
#1782
Originally Posted By dopamine72⏩
I feel you brethren…
Elon knew BTC took allot of power before investing in it (100% guarantee). I knew it took massive amounts of power over 5 years ago. Market manipulation is clear with Elon and he's getting away with it clean.
ALSO Jim Cramer just said T will cut their dividend by at least 50%
Bout to stop looking at my portfolio rest of day, holding not selling
ALSO Jim Cramer just said T will cut their dividend by at least 50%
Bout to stop looking at my portfolio rest of day, holding not selling
RIP my portfolio…T makes up 25%+…. Down $3000+ between open and close. Not worried about the $3000, but the main point of my portfolio is dividends… RIP my plans to retire off dividends… back to the drawing board. Such is life.
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05-17-2021, 06:42 PM
#1783
Originally Posted By MillerDecaXC⏩
I warned in this thread first thing this morning about the dividend. Iβd sell ITM calls if you plan on getting out. At least get something for your pain. Then dump it into VZ. Still has good dividend in the same space.
I feel you brethren…
RIP my portfolio…T makes up 25%+…. Down $3000+ between open and close. Not worried about the $3000, but the main point of my portfolio is dividends… RIP my plans to retire off dividends… back to the drawing board. Such is life.
RIP my portfolio…T makes up 25%+…. Down $3000+ between open and close. Not worried about the $3000, but the main point of my portfolio is dividends… RIP my plans to retire off dividends… back to the drawing board. Such is life.
"It won't get better, just different."
05-17-2021, 06:53 PM
#1784
Wasn't even paying attention to what happened to T since I only have it in my Roth. Didn't see the news about the likely dividend cut until AH, but I got the fuk out as soon as I found out.
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05-17-2021, 07:02 PM
#1785
Originally Posted By Casser1242⏩
they will pull the rug same as they did last time after all fomo *******s like you jump in,amc crowd has no unity,no diamond hands,everything is chaotic,msm narrative last few days been AMC + gme across the board with no obvious signs for that.why?
How far can the squeeze go? I hear people saying to the 100'ss or even 1000's.
I mean maybe $30 is possible realistically speaking here?
I mean maybe $30 is possible realistically speaking here?
it is walmart version of gme. You can snatch quick buck but get out quick.
gme on other hand will drown whole market or feds will bailout with good price x5-100 of current price to satisfy us.
there is another crash upcoming similar to march runup to 340 zone.
i want to time that .not sure tho.maybe leave it as it is.
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05-17-2021, 07:53 PM
#1786
Originally Posted By puristhndrwrth⏩
GME is an anomaly.
they will pull the rug same as they did last time after all fomo *******s like you jump in,amc crowd has no unity,no diamond hands,everything is chaotic,msm narrative last few days been AMC + gme across the board with no obvious signs for that.why?
I think the big players would love to shake people out of that trade but they can't seem to do so.
MVIS, RKT, MNDM, CLOV….how many bloodbath pump and dumps have gone overat WSB over the past few months?
GME is the only one that seems to somehow get resurrected time and time again.
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05-17-2021, 08:22 PM
#1787
adding to my GOLD and SWN positions tomorow Commodities are about to take off
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05-17-2021, 08:45 PM
#1788
Originally Posted By puristhndrwrth⏩
they will pull the rug same as they did last time after all fomo *******s like you jump in,
amc crowd has no unity,no diamond hands,everything is chaotic,msm narrative last few days been AMC + gme across the board with no obvious signs for that.why?
it is walmart version of gme. You can snatch quick buck but get out quick.
gme on other hand will drown whole market or feds will bailout with good price x5-100 of current price to satisfy us.
there is another crash upcoming similar to march runup to 340 zone.
i want to time that .not sure tho.maybe leave it as it is.
it is walmart version of gme. You can snatch quick buck but get out quick.
gme on other hand will drown whole market or feds will bailout with good price x5-100 of current price to satisfy us.
there is another crash upcoming similar to march runup to 340 zone.
i want to time that .not sure tho.maybe leave it as it is.
We will see. I understand why you feel that way due to previous history though. Itβs a little different this go round.
Iβm holding both and hoping both do really well.
05-17-2021, 08:53 PM
#1789
sold my COP call a littler too early perhaps but hey it pays for my gas on my 1,300 mile road trip this week. T let me down hard today. bought one share of AMC hoping to flip for a new cell phone how much I make depends on which model I get lol hoping for at least an iphone 11
STEM Wagie Brah
05-17-2021, 08:59 PM
#1790
Some small hints again for all my RECAF gang. The first JV and farm-outs were hinted next year or further but "later this year" means what it means. Hoping for a 100-bagger or bust, more deep in this than I'd like to admit.
05-18-2021, 02:18 AM
#1791
Originally Posted By lntense⏩
I got in again today - riding it up, I think odds are in our favor until Thursday… then put/call big money will battle it out Friday as usual
We will see. I understand why you feel that way due to previous history though. Itβs a little different this go round.
Iβm holding both and hoping both do really well.
Iβm holding both and hoping both do really well.
I haven't lost a dime with AMC and GME - I ride it up then avg down selling the extra ammo when it has crashed… obviously if you gonna wait until it is $200+ to get in heavy then u probably going to end up holding the bag.
As intense said, I think the set up for AMC right now looks really juicy even more so than GME.
"Paper money is going away" - EM
05-18-2021, 03:28 AM
#1792
AMC is mooning. How much higher can it go?
It would be criminal for t me to sell right now when summer has not even started yet.
It would be criminal for t me to sell right now when summer has not even started yet.
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05-18-2021, 03:31 AM
#1793
it could be fun today - let see if the volume finally break HF sell walls…
"Paper money is going away" - EM
05-18-2021, 04:08 AM
#1794
Originally Posted By MinisterOfLust⏩
Lol u think summer will affect it?
AMC is mooning. How much higher can it go?
It would be criminal for t me to sell right now when summer has not even started yet.
It would be criminal for t me to sell right now when summer has not even started yet.
It's already higher than it was 2 summers ago..
Pls go.
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05-18-2021, 04:19 AM
#1795
Originally Posted By Galindo62⏩
With Covid practically over you don't think people are dying to go to movie theatres?
Lol u think summer will affect it?
It's already higher than it was 2 summers ago..
Pls go.
It's already higher than it was 2 summers ago..
Pls go.
And how much was it two summers ago?
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05-18-2021, 04:37 AM
#1796
Originally Posted By MinisterOfLust⏩
this - I went twice already one with fam and one just with the kid…
With Covid practically over you don't think people are dying to go to movie theatres?
And how much was it two summers ago?
And how much was it two summers ago?
like srly, why would you watch a nice movie at home? I know it is convenient but nothing like going out, have dinner then hit the movies (or vice-versa)
"Paper money is going away" - EM
05-18-2021, 04:39 AM
#1797
Originally Posted By Galindo62⏩
I agree the summer argument is invalid (fundamentally speaking) but GME is 150+ right now so at this point forget about fundamental and ride the momentum play imho
Lol u think summer will affect it?
It's already higher than it was 2 summers ago..
Pls go.
It's already higher than it was 2 summers ago..
Pls go.
"Paper money is going away" - EM
05-18-2021, 04:46 AM
#1798
Originally Posted By MinisterOfLust⏩
Itβs movement has nothing to do with fundamentals. In fact itβs more in SPITE of fundamentals
With Covid practically over you don't think people are dying to go to movie theatres?
And how much was it two summers ago?
And how much was it two summers ago?
"It won't get better, just different."
05-18-2021, 05:13 AM
#1799
$175 up currently. Lolz. Guess that's better than another multiple K down day.
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05-18-2021, 05:45 AM
#1800
Originally Posted By topperstyle⏩
Si. Have a buddy who owns the gym i go to and were looking at it. We want to go in on something….somewhere.
Anyone eyeing commercial real estate?
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