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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 1629839613 01-27-2021, 10:13 AM
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#10471
  1. xeron
  2. ███♣███
  1. xeron
  2. ███♣███
  3. Join Date: Aug 2010
  4. Location: New York, New York, United States
  5. Age: 32
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Originally Posted By Ondle⏩
Too late to buy GME?
Going to $5000, so no

Melvin hasn’t closed short position yet, still 139% short interest. They lied on TV saying they did and got caught. They’re scared chitless
Make Misc Great Again
post 1629839683 01-27-2021, 10:14 AM
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#10472
  1. chino3
  1. chino3
  3. Join Date: Oct 2012
  4. Posts: 18,554
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Originally Posted By SolidPaul⏩
Guess everyone forgot about FB, AAPL, andTSLAearnings today. Anyone? Memes only now?
I have just one leg open from my TSLA play, and it's my $900csp @ $100 for 1/29, x2. It's sitting at only 49%, so still too much intrinsic. Gonna let it ride until 80% or take on assignment. ded fkn srs.



Chamath just said he's taking all money invest/made from the GME bit (500k) and donating to the barstool small business fund. das it curry brah, das it.
"It won't get better, just different."
post 1629839773 01-27-2021, 10:15 AM
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#10473
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
  4. Location: United States
  5. Posts: 65,452
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Something is happening to AMC? Dropping like crazy
post 1629839933 01-27-2021, 10:16 AM
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#10474
  1. Amp30
  2. Registered User
  1. Amp30
  2. Registered User
  3. Join Date: Oct 2012
  4. Posts: 8,335
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Originally Posted By MinisterOfLust⏩
Something is happening to AMC? Dropping like crazy
Yeah idk wtf is going on. Starting to regret this
AP7 crew
post 1629840203 01-27-2021, 10:19 AM
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#10475
  1. Arem24
  2. Registered User
  1. Arem24
  2. Registered User
  3. Join Date: Nov 2009
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Sold half my $35 calls at around $38.5, can breathe easy and let the rest run until 2/19. Hoping big time I was wrong and earnings is before March.

Still letting my $28 calls run.

Happy as fukk to see the boyos getting rich. Have a couple friends in on AMC at $4. Let’s GOOOO!!! Risk fukking on.
post 1629840223 01-27-2021, 10:19 AM
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#10476
  1. mikusk
  2. Registered User
  1. mikusk
  2. Registered User
  3. Join Date: Jan 2013
  4. Posts: 861
  5. Rep Power: 1848
I am staying on the sidelines watching, I learnt from my past fomo mistake,this clown market is ducking crazy, stay safe brahs
post 1629840303 01-27-2021, 10:20 AM
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#10477
  1. Exiled93
  2. Manlet of Steel
  1. Exiled93
  2. Manlet of Steel
  3. Join Date: Jan 2012
  4. Location: Tennessee, United States
  5. Posts: 7,754
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Hope you guys are tuning in to CNBC listening to Chamath right now.

Very surprised they haven't cut him off completely. Most rational thoughts on cnbc in years.
post 1629840423 01-27-2021, 10:21 AM
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#10478
  1. chino3
  1. chino3
  3. Join Date: Oct 2012
  4. Posts: 18,554
  5. Rep Power: 134275
Originally Posted By Exiled93⏩
Hope you guys are tuning in to CNBC listening to Chamath right now.

Very surprised they haven't cut him off completely. Most rational thoughts on cnbc in years.
He's fukkin WRECKING the judge. Bitter sweet for me (love scott lol), but enjoying the chit out of these truth bombs.
"It won't get better, just different."
post 1629840693 01-27-2021, 10:23 AM
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#10479
  1. luckyboy23
  2. Banned
  1. luckyboy23
  2. Banned
  3. Join Date: Nov 2019
  4. Posts: 6,801
  5. Rep Power: 0
Who the fuk is Melvin? Some sort of wizard? Holy fuk this thread has changed since I left.

I can't comprehend GME and AMC... In with BB and I'm holding. IDGAF if I lose the entire 10k stack.
post 1629840733 01-27-2021, 10:24 AM
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#10480
  1. topperstyle
  2. 720 Crew
  1. topperstyle
  2. 720 Crew
  3. Join Date: Jun 2010
  4. Posts: 13,303
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Originally Posted By MinisterOfLust⏩
Something is happening to AMC? Dropping like crazy
Up 180%

Tanning hard

Pick one
post 1629840833 01-27-2021, 10:25 AM
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#10481
  1. TugOfPeace
  2. 1012 ng/dl
  1. TugOfPeace
  2. 1012 ng/dl
  3. Join Date: Oct 2013
  4. Posts: 4,986
  5. Rep Power: 166022
Originally Posted By StackingPlates⏩
Coincidentally, I just came acrossthis articleposted elsewhere which tends to talk about how large institutions may be forced to sell off their long positions to help cover the losses accrued in these short squeezes which could hit the market hard for quite some time. This was exactly what I was wondering...
My only "big" position now is AMD.. if I can get out of that all I have left is a few SPACS which are near NAV and BFT which is already wrecked right now. Should be safe from a market correction IMO.

Crazy chit could happen but it looks like brokerages are stepping in to limit these hedge fund's exposure by the numerous halts and limitations placed on those meme stocks so hopefully your theory doesn't play out

Interesting that everyone is rooting for hedge funds to get screwed over yet if your theory is true a lot of people not involved in this pump may see their shares lose value at the same time
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1629840883 01-27-2021, 10:25 AM
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#10482
  1. Berts
  2. Registered User
  1. Berts
  2. Registered User
  3. Join Date: May 2003
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Originally Posted By chalup⏩
Did he sell? He lost his ass if he didnt.
Nope, he is still riding the train, claims he is holding till Friday, Right after he bought is when it went down to $11.60, instantly down $31K LOL. He makes some very bad decisions, He has some huge losers in the last year. Hopefully this makes up for it but its not looking good.
post 1629840993 01-27-2021, 10:26 AM
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#10483
  1. MediocreGains
  2. Registered User
  1. MediocreGains
  2. Registered User
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Makes sense that the market is red. Several large hedge funds got fuked hard and probably had to liquidate their positions. Others are likely scared and reducing risk.
post 1629841063 01-27-2021, 10:27 AM
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#10484
  1. skinnyntall
  2. Putt Jatt Da
  1. skinnyntall
  2. Putt Jatt Da
  3. Join Date: Mar 2010
  4. Age: 36
  5. Posts: 3,526
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Chadmath destroying CNBC lol.
LAKERS
post 1629841083 01-27-2021, 10:27 AM
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#10485
  1. freshnevafrozen
  2. Got That Sack
  1. freshnevafrozen
  2. Got That Sack
  3. Join Date: Dec 2011
  4. Posts: 6,078
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What's the peak for AMC? is it a little late to jump in on them? Idk if they'd go much higher than 20 usd. It's still a chitty time for movie theaters
Eagles/Leafs
post 1629841233 01-27-2021, 10:29 AM
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#10486
  1. luckyboy23
  2. Banned
  1. luckyboy23
  2. Banned
  3. Join Date: Nov 2019
  4. Posts: 6,801
  5. Rep Power: 0
Buying GME puts.
post 1629841283 01-27-2021, 10:29 AM
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#10487
  1. TugOfPeace
  2. 1012 ng/dl
  1. TugOfPeace
  2. 1012 ng/dl
  3. Join Date: Oct 2013
  4. Posts: 4,986
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Originally Posted By skinnyntall⏩
Chadmath destroying CNBC lol.
cliffs?
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1629841393 01-27-2021, 10:30 AM
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#10488
  1. Berts
  2. Registered User
  1. Berts
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Originally Posted By freshnevafrozen⏩
What's the peak for AMC? is it a little late to jump in on them? Idk if they'd go much higher than 20 usd. It's still a chitty time for movie theaters
LOL trying to use logic to validate AMC $20, its a meme stock brah, if you like pure gambling, this is for you
post 1629841403 01-27-2021, 10:30 AM
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#10489
  1. Arem24
  2. Registered User
  1. Arem24
  2. Registered User
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Originally Posted By luckyboy23⏩
Buying GME puts.
You realize how expensive they are right? Buyer be warned.
post 1629841473 01-27-2021, 10:31 AM
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#10490
  1. thatsnarf
  2. Registered User
  1. thatsnarf
  2. Registered User
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back in EXPR at 10.70
post 1629841773 01-27-2021, 10:34 AM
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#10491
  1. Slamt
  2. Registered User
  1. Slamt
  2. Registered User
  3. Join Date: Jan 2013
  4. Age: 32
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Originally Posted By hiyooo⏩
everything else is red but meme stocks are up. something's wrong.

guys plan your exit strategy, take some profits and gtfo.

don't lose it all when they come back to earth.
Funds blowing up and have to liquidate their darling long position in tech stocks to remain solvent.
post 1629841783 01-27-2021, 10:35 AM
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#10492
  1. topperstyle
  2. 720 Crew
  1. topperstyle
  2. 720 Crew
  3. Join Date: Jun 2010
  4. Posts: 13,303
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Only holding mj and amzn
post 1629841803 01-27-2021, 10:35 AM
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#10493
  1. Heaney
  2. Registered User
  1. Heaney
  2. Registered User
  3. Join Date: Feb 2007
  4. Location: Ontario, Canada
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Originally Posted By luckyboy23⏩
Buying GME puts.
Theyre not even worth buying at the prices they're being sold at.
post 1629841823 01-27-2021, 10:35 AM
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#10494
  1. hiyooo
  2. Fernandes
  1. hiyooo
  2. Fernandes
  3. Join Date: Sep 2004
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Originally Posted By Exiled93⏩
Hope you guys are tuning in to CNBC listening to Chamath right now.

Very surprised they haven't cut him off completely. Most rational thoughts on cnbc in years.
holy phuck, he's going HAM on CNBC. inb4 connection error.
post 1629842063 01-27-2021, 10:37 AM
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#10495
  1. hardestgainer
  2. Squats Barefoot
  1. hardestgainer
  2. Squats Barefoot
  3. Join Date: Oct 2005
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Originally Posted By Heaney⏩
Theyre not even worth buying at the prices they're being sold at.
This. Maaaaybe the AMC puts are worth it if you think next week they crackdown even harder or these meme stocks, or paper hands fold

I’m just gonna keep riding NOK
▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬
Bayern Munchen Crew
German-Hungarian Crew
AZ Sports Crew
Idaho Brah
TRUMP 2016
Finance Crew
▬▬▬▬▬▬▬▬▬▬ஜ۩۞۩ஜ▬▬▬▬▬▬▬▬▬▬

"Over 90% of muscle gain is stretching" - ReppinRyan & AnimalAdam
post 1629842183 01-27-2021, 10:38 AM
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#10496
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
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Originally Posted By Slamt⏩
Funds blowing up and have to liquidate their darling long position in tech stocks to remain solvent.
I find this difficult to believe..... But who knows.
post 1629842323 01-27-2021, 10:40 AM
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#10497
  1. chalup
  2. Registered User
  1. chalup
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Originally Posted By MinisterOfLust⏩
Something is happening to AMC? Dropping like crazy
Originally Posted By Amp30⏩
Yeah idk wtf is going on. Starting to regret this
I literally told everyone to get out ASAP. It went up of FOMO alone. They were about to go bankrupt and got bailed out. You think a company about to go BANKRUPT is going to hold that crazy leg up? It's getting shorted to hell now.
post 1629842363 01-27-2021, 10:40 AM
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#10498
  1. luckyboy23
  2. Banned
  1. luckyboy23
  2. Banned
  3. Join Date: Nov 2019
  4. Posts: 6,801
  5. Rep Power: 0
Originally Posted By Arem24⏩
You realize how expensive they are right? Buyer be warned.
Originally Posted By Heaney⏩
Theyre not even worth buying at the prices they're being sold at.
Going for the cheap ones way down below.

GME will tank hard at one point.
post 1629842463 01-27-2021, 10:41 AM
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#10499
  1. chino3
  1. chino3
  3. Join Date: Oct 2012
  4. Posts: 18,554
  5. Rep Power: 134275
Originally Posted By chino3⏩
I've literally never been closer to closing out nearly everything I have... Long positions atm:
AMZN
AXP
LULU
TSLA

I closed out a chit ton of CSPs today just to limit exposure, and might just look for different areas of opportunity. I dunno. Roughly 50% cash right now as is
Out of LULU, closed at $330 (entry was $180, but already opened CSP's for 2/19 and 3/19). Feels bad, but I just don't know how the market is going to handle what is happening or about to happen, specifically:

Existing over leveraged shorts are going to have to act fukkin quick, and the only way to do that is to double down (Bad idea) or to liquidate other assets

Existing average shorts should, SHOULD, be taking this as a gigantic warning sign, and should cover their positions. They will either try to close at profit/break even, or they will liquidate elsewhere to cover.

I don't see this as a bubble per se, but a severe correction could very well be on the horizon, and I'd rather free up cash, and be ready to attack.

That said, still long AXP and TSLA, and have a sell order for ******* AMZN at $3300
"It won't get better, just different."
post 1629842663 01-27-2021, 10:42 AM
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#10500
  1. Berts
  2. Registered User
  1. Berts
  2. Registered User
  3. Join Date: May 2003
  4. Location: Boise Idaho
  5. Age: 46
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AMC is trying to take advantage.https://finance.yahoo.com/news/amc-c...170800262.html

AMC Entertainment Holdings, Inc. ("AMC" or the "Company") (NYSE:AMC) announced today that it has completed its previously announced at-the-market equity program.

In its 8-K filing with the U.S. Securities and Exchange Commission on January 25, 2021, AMC announced entry into an equity distribution agreement with respect to an additional at-the-market equity program relating to 50 million shares of its Class A common stock.

That program has now been completed. Together with the remaining shares under a prior program, since the Company’s January 25, 2021 announcement, the Company has sold in aggregate 63.3 million additional shares of its Class A common stock for additional proceeds of $304.8 million.
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