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» **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
05-28-2021, 11:08 AM
#2671
Originally Posted By Carbonfibre⏩
don't ignore these two charts
AMC SI is high now but if they covered whats stopping AMC doing what GME does now.
look at that SI drop on GME compared to January.
It could very well be that AMC shorted covered/exited today and than what?
AMC SI is high now but if they covered whats stopping AMC doing what GME does now.
look at that SI drop on GME compared to January.
It could very well be that AMC shorted covered/exited today and than what?
I believe that would have caused more upward price movement. Today mostly seemed like fomo buying, people taking profits, options expiring, before the long weekend. I could certainly be wrong though. I'm not buying that they have covered though personally and they still have a lot to gain by it going to 0. It's been somewhat stable after the pullback.
With a lot of unknowns and things going on behind the scenes. Who knows, guess we will see.
05-28-2021, 11:16 AM
#2672
Originally Posted By lntense⏩
Its expiration day for AMC options.
I believe that would have caused more upward price movement. Today mostly seemed like fomo buying. I could certainly be wrong though. I'm not buying that they have covered though personally.
With a lot of unknowns and things going on behind the scenes. Who knows, guess we will see.
With a lot of unknowns and things going on behind the scenes. Who knows, guess we will see.
All the volume is today/ there is lot less buying for AMC options expiring next week because the IV is insane. Nobody is crazy enough to take on that decay over weekend.
Its market makers job to not allow this to expire in the money otherwise this will get automatically exercised at market close.
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05-28-2021, 11:20 AM
#2673
Edit: ^right I had added that in my post about expiring options
They took out 4.86 million more shares on loan today, possibly 4 million shorts against amc. Don't know the total shorts, but then there's naked shorts.
Doesn't add up that they would have already fully covered and exited. Possible though
They took out 4.86 million more shares on loan today, possibly 4 million shorts against amc. Don't know the total shorts, but then there's naked shorts.
Doesn't add up that they would have already fully covered and exited. Possible though
05-28-2021, 11:37 AM
#2674
Originally Posted By aberry33⏩
Whats your budget? A C6 Z06 Corvette is one of the best values for a garage queen/weekend type car IMO. Guaranteed to be a classic in the future with its legendary 7.0L V8. Buy one with the heads fixed and possibly LT headers + a mild cam and you're set (srs)
All this auto talk, any mustang boyos in here?
I’ve been saving money on the side for a nice garage queen fox I can keep until I croak.
I’ve been saving money on the side for a nice garage queen fox I can keep until I croak.
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05-28-2021, 11:52 AM
#2675
Nvidia on the road to becoming the world's biggest company by market cap.
Spoiler alert; you die at the end.
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05-28-2021, 11:54 AM
#2676
Originally Posted By HMFIC_BROWSIN⏩
But who was TSLA
Nvidia on the road to becoming the world's biggest company by market cap.
He/Him/Bro
Let's go Brandon!!
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05-28-2021, 12:09 PM
#2677
Originally Posted By topperstyle⏩
Fuarrrrr think I found the most accurate short squeeze predictor out there
This is exactly how I feel lol
Brb squeeze 2025
Brb squeeze 2025
Link: Will it Squeeze?
05-28-2021, 12:15 PM
#2678
Hoping there is a squeeze on NOK
05-28-2021, 12:15 PM
#2679
Originally Posted By HMFIC_BROWSIN⏩
AMD is one of my larger positions (I don't have any NVDA outside of whats in my index funds unfortunately, although NVDA is still one of the largest holdings in QQQ and VOO), I'm really hoping AMD can announce some new line of graphics cards to catch up to all of the growth NVDA has been seeing
Nvidia on the road to becoming the world's biggest company by market cap.
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05-28-2021, 12:22 PM
#2680
Originally Posted By lntense⏩
Edit: ^right I had added that in my post about expiring options
They took out 4.86 million more shares on loan today, possibly 4 million shorts against amc. Don't know the total shorts, but then there's naked shorts.
Doesn't add up that they would have already fully covered and exited. Possible though
They took out 4.86 million more shares on loan today, possibly 4 million shorts against amc. Don't know the total shorts, but then there's naked shorts.
Doesn't add up that they would have already fully covered and exited. Possible though
Someone will calculate over weekend updated short interest.
You only get burned once.
Who ever shorted AMC here probably learned lesson.
Few billion was lost in span of 2-3 days.
Of course someone else can come in later to short.
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05-28-2021, 12:32 PM
#2681
Originally Posted By Carbonfibre⏩
are you holding any AMC?
Someone will calculate over weekend updated short interest.
You only get burned once.
Who ever shorted AMC here probably learned lesson.
Few billion was lost in span of 2-3 days.
Of course someone else can come in later to short.
You only get burned once.
Who ever shorted AMC here probably learned lesson.
Few billion was lost in span of 2-3 days.
Of course someone else can come in later to short.
if so, what are your plans?
05-28-2021, 12:35 PM
#2682
Originally Posted By thatsnarf⏩
none.
are you holding any AMC?
if so, what are your plans?
if so, what are your plans?
no plans to ever buy AMC shares. only meme I own is GME shares (plan to own till $300)
I was holding for breakout above $31.5 on AMC calls this morning but it never got over that.
will be watching next week.
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05-28-2021, 12:42 PM
#2683
Originally Posted By Carbonfibre⏩
alright. might pick up GME again if it dips.
none.
no plans to ever buy AMC shares. only meme I own is GME shares (plan to own till $300)
I was holding for breakout above $31.5 on AMC calls this morning but it never got over that.
will be watching next week.
no plans to ever buy AMC shares. only meme I own is GME shares (plan to own till $300)
I was holding for breakout above $31.5 on AMC calls this morning but it never got over that.
will be watching next week.
05-28-2021, 12:44 PM
#2684
Originally Posted By thatsnarf⏩
I wouldn't honestly hold my breath on GME.
alright. might pick up GME again if it dips.
if this is accurate.
they pretty much left.
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05-28-2021, 12:52 PM
#2685
Originally Posted By Elias373⏩
False Alarm. Rocket postponed.
OHHHHHHH LAAAAAAAAWWWWWWDDD!!! The PLTR rocket is taking off. Look at all the eggs on faces in this thread… hope you bedwetters listened to me and went all in!
05-28-2021, 12:56 PM
#2686
Originally Posted By Venom08⏩
PLTR is approaching resistance on the channel it’s stuck in. Needs to close above $24.8 otherwise it’s back down to $15.
Originally Posted By chino3⏩
It touched $24.75 which was the resistance to the penny. It's sold off 10% since then.
Not a chance. Thought you were done with ridiculous calls?
05-28-2021, 12:59 PM
#2687
Originally Posted By Venom08⏩
PLTR is tied to meme stocks.
It touched $24.75 which was the resistance to the penny. It's sold off 10% since then.
Just like RKT there was massive call buying right at open.
It sold that off quick.
That being said PLTR keeps winning contracts left and right.
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05-28-2021, 01:14 PM
#2688
Originally Posted By topperstyle⏩
Nice. I’ve had a couple with similar setups. Ever run it at the track?
I’ve owned a couple. Most fun I had was a coupe with 306 w girdle 150 shot tremdc tko and a pair of nittos (ded fkn srs)
Lifted the skinnies on the street srs
Lifted the skinnies on the street srs
And for the camaro boyos my 1st car was an 85 IROC so I got no issues with them too.
05-28-2021, 01:22 PM
#2689
Originally Posted By SouthDakotaBrah⏩
I’m looking in the 15k range. Fox body’s are getting nuts with their prices if you want a decent one.
Whats your budget? A C6 Z06 Corvette is one of the best values for a garage queen/weekend type car IMO. Guaranteed to be a classic in the future with its legendary 7.0L V8. Buy one with the heads fixed and possibly LT headers + a mild cam and you're set (srs)
I like Vettes too but the fox body has me hooked.
05-28-2021, 01:37 PM
#2690
Originally Posted By aberry33⏩
I like foxes because they are light and handle well with the right mods. My buddy changed my mind on those when took me for a drive, but any Z06, c5 or c6 > foxbody all day.
I’m looking in the 15k range. Fox body’s are getting nuts with their prices if you want a decent one.
I like Vettes too but the fox body has me hooked.
I like Vettes too but the fox body has me hooked.
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05-28-2021, 01:58 PM
#2691
Originally Posted By Elias373⏩
Tesla needs NVDA To make their chit… Just like EVERYONE else.
But who was TSLA
Spoiler alert; you die at the end.
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05-28-2021, 02:10 PM
#2692
Originally Posted By ListenHereBruh⏩
sndl.
imm telling you boyos
imm telling you boyos
Have noticed it creeping up in the background. Wouldn't be surprised if its the next to get pumped again.
MEME —-> POT —> CRYPTO….again.
Threw some AMC profit at it.
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05-28-2021, 02:40 PM
#2693
Originally Posted By _zman⏩
Yeah a Z and most vettes sh*t all over a fox no doubt but it’s not about that it’s a 100% sentimental thing for me. It’s what I roamed the streets with back in the day.
I like foxes because they are light and handle well with the right mods. My buddy changed my mind on those when took me for a drive, but any Z06, c5 or c6 > foxbody all day.
05-28-2021, 02:54 PM
#2694
Originally Posted By Carbonfibre⏩
Realistically what’s been causing the downward momentum last two months if they aren’t hiding a chit ton of naked shorts though? With across the board buy sell ratios ranging from 4 to 1 to 6 to 1
I wouldn't honestly hold my breath on GME.
if this is accurate.
they pretty much left.
if this is accurate.
they pretty much left.
05-28-2021, 04:21 PM
#2695
Originally Posted By Duckliver⏩
My only explanation is the NFT page that randomly popped up on GME site.
Realistically what’s been causing the downward momentum last two months if they aren’t hiding a chit ton of naked shorts though? With across the board buy sell ratios ranging from 4 to 1 to 6 to 1
https://www.theblockcrypto.com/linke...rm-on-ethereum
All the other other articles started talking about gme nft 2 days ago.
https://www.coindesk.com/gamestop-nft-platform-ethereum
https://www.msn.com/en-us/money/real...orm/vp-AAKpFIp
Ignore my crappy crayon skills.
From what I recall someone leaked it before it even hit the news.
So GME open was $180 5/25 closes $210
More news on twitter etc about NFT page and it gaps afterhours/overnight/premarket and opens higher.
Rest of move I would explain from option buying and unwind that we saw today.
Now the rest of your question I honestly have no clue if shorts are still hiding. I mean there is always phuckery many times I have posted those weird buy sell walls 1 vs 1 share that makes no sense.
Proxy vote is still coming up June 9th so lets see.
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05-28-2021, 05:08 PM
#2696
I finished red today and I ain't even mad. It was a great day yesterday and I am happy about that.
And thanks Biden!
And thanks Biden!
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05-28-2021, 05:59 PM
#2697
Have a good Memorial Day weekend fellas, hopefully Tuesday is a good green dilday for us all.
05-28-2021, 08:45 PM
#2698
Originally Posted By lntense⏩
How’s that weed though?
Me and Gary Payton baking cookies.
How’s that weed though?
Berner in the back rolling lemoncello.
Wiz coming in fat with the wedding cake.
Reps to those who know. If you don't? Get the fck out of your bunkass canadiancuck weed plays, US ETFs for that matter too. Local politicians already won the battle.
Reps to those who know.
05-29-2021, 01:15 AM
#2699
Originally Posted By HMFIC_BROWSIN⏩
TSLA made their own FSD chip, no?
Tesla needs NVDA To make their chit… Just like EVERYONE else.
He/Him/Bro
Let's go Brandon!!
Spectrum crew
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05-29-2021, 05:31 AM
#2700
Originally Posted By Carbonfibre⏩
So, hold GME—got it
My only explanation is the NFT page that randomly popped up on GME site.
https://www.theblockcrypto.com/linke...rm-on-ethereum
All the other other articles started talking about gme nft 2 days ago.
https://www.coindesk.com/gamestop-nft-platform-ethereum
https://www.msn.com/en-us/money/real...orm/vp-AAKpFIp
Ignore my crappy crayon skills.
From what I recall someone leaked it before it even hit the news.
So GME open was $180 5/25 closes $210
More news on twitter etc about NFT page and it gaps afterhours/overnight/premarket and opens higher.
Rest of move I would explain from option buying and unwind that we saw today.
Now the rest of your question I honestly have no clue if shorts are still hiding. I mean there is always phuckery many times I have posted those weird buy sell walls 1 vs 1 share that makes no sense.
Proxy vote is still coming up June 9th so lets see.
https://www.theblockcrypto.com/linke...rm-on-ethereum
All the other other articles started talking about gme nft 2 days ago.
https://www.coindesk.com/gamestop-nft-platform-ethereum
https://www.msn.com/en-us/money/real...orm/vp-AAKpFIp
Ignore my crappy crayon skills.
From what I recall someone leaked it before it even hit the news.
So GME open was $180 5/25 closes $210
More news on twitter etc about NFT page and it gaps afterhours/overnight/premarket and opens higher.
Rest of move I would explain from option buying and unwind that we saw today.
Now the rest of your question I honestly have no clue if shorts are still hiding. I mean there is always phuckery many times I have posted those weird buy sell walls 1 vs 1 share that makes no sense.
Proxy vote is still coming up June 9th so lets see.
Came close to doubling up early yesterday morning, still held. Time will tell if I should have scraped some profit. If I didn’t actually believe that Ryan and the all-star transformation crew were going to modernize and pivot the business model, I would have been out a long time ago—waiting around for the “MOASS” on a meme feels like a fool’s errand to me. I try to read as much DD as I can; but most of it taps into confirmation bias.
Regardless of what happens, it will be interesting to be a part of. I’m a target customer of the old GameStop model—and always hated GameStop. I used them exactly one time—I took a Sega Dreamcast and a ****load of games to them for trade, and they gave me like $15. I wanted to puke. Mere ownership effect.
But, as much as I despise that business model, I hate the fukkery of Wall Street even more…so, I’m in. And continue to buy every dip. Even averaged up a little bit over the past couple of days, because fukk it.
In other news, short trading week due to the holiday—time value on 6.4 options will likely not make it worth dumping any significant money to slightly OTM options. I’m still keeping my eyes open, however.
When I first started with options, I had an incredible couple of weeks with timing—which of course makes you feel like you can turn $10K into $300K in a couple of days. So, started making some really dumb mistakes and lost a lot, now paused—ready to get back into it, though.
ʙ ᴜ ᴄ ᴋ ᴇ ʏ ᴇ ✭ ɴ ᴀ ᴛ ɪ ᴏ ɴ
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