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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 1629842763 01-27-2021, 10:43 AM
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#10501
  1. chalup
  2. Registered User
  1. chalup
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Originally Posted By Berts⏩
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.
What the fuk man. Why in the WORLD would you buy at the top of a run on a company that was about to BANKRUPT? Hes going to lose 90% of that money. I have no idea about GME and it holding. Must have been a shiet ton of shorts on it that got caught with their pants down, add on all them covering and FOMO and you get a GME run. It'll drop soon too. GTFO of both of them.
post 1629842943 01-27-2021, 10:45 AM
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#10502
  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 chino3⏩
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
You really think this short squeeze will mean something big for s&p500?

Seems insane that there would be that level of spillover on meme stonks that have a combined market cap of way less than 1/3rd of just amzn....
post 1629843013 01-27-2021, 10:46 AM
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#10503
  1. SoutheastBeast1
  1. SoutheastBeast1
  3. Join Date: Mar 2013
  4. Age: 39
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TFW you’re not in on any of the big jumps

What am I doing with my life smh...

A lot of people got rich today
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
post 1629843083 01-27-2021, 10:47 AM
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#10504
  1. skinnyntall
  2. Putt Jatt Da
  1. skinnyntall
  2. Putt Jatt Da
  3. Join Date: Mar 2010
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Originally Posted By chalup⏩
What the fuk man. Why in the WORLD would you buy at the top of a run on a company that was about to BANKRUPT? Hes going to lose 90% of that money. I have no idea about GME and it holding. Must have been a shiet ton of shorts on it that got caught with their pants down, add on all them covering and FOMO and you get a GME run. It'll drop soon too. GTFO of both of them.
The CEO literally said they are NOT bankrupting yesterday. It also probably has to do with that TDA is not allowing AMC trades. Idk about other platforms
LAKERS
post 1629843253 01-27-2021, 10:48 AM
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#10505
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
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Expr is mooning quite nicely.
post 1629843263 01-27-2021, 10:48 AM
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#10506
  1. Berts
  2. Registered User
  1. Berts
  2. Registered User
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Originally Posted By chalup⏩
What the fuk man. Why in the WORLD would you buy at the top of a run on a company that was about to BANKRUPT? Hes going to lose 90% of that money. I have no idea about GME and it holding. Must have been a shiet ton of shorts on it that got caught with their pants down, add on all them covering and FOMO and you get a GME run. It'll drop soon too. GTFO of both of them.
Agreed,
post 1629843353 01-27-2021, 10:49 AM
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#10507
  1. meremortal
  2. CrabClawBrah
  1. meremortal
  2. CrabClawBrah
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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
They were at $25 premarket. And in 2017 they traded in the 30s.
post 1629843393 01-27-2021, 10:50 AM
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#10508
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
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Originally Posted By chalup⏩
What the fuk man. Why in the WORLD would you buy at the top of a run on a company that was about to BANKRUPT? Hes going to lose 90% of that money. I have no idea about GME and it holding. Must have been a shiet ton of shorts on it that got caught with their pants down, add on all them covering and FOMO and you get a GME run. It'll drop soon too. GTFO of both of them.
No offense, you seem a bit salty for some reason
post 1629843573 01-27-2021, 10:51 AM
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#10509
  1. chino3
  1. chino3
  3. Join Date: Oct 2012
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Originally Posted By HMFIC_BROWSIN⏩
You really think this short squeeze will mean something big for s&p500?

Seems insane that there would be that level of spillover on meme stonks that have a combined market cap of way less than 1/3rd of just amzn....
Obviously can't say with any certainty without knowing just HOW upside down HF's are, as well as how exposed they are through short positions.


The market is really like a school of fish in the ocean. When one or ten see something spooky and change directions, the rest of the school blindly follows suit. How quickly they turn back around or modify course, is another story.

Disclaimer, just opened LULU $330csp for 1/29 at $5.4 lol. Let's see if I get back in or not. Also, out of AMZN at $3300. Everyone who is holding, you're welcome for the upcoming run up lol. My next move might be writing in the money puts on all the ARKs... Will see what the market looks like after my 10am meeting...
"It won't get better, just different."
post 1629843623 01-27-2021, 10:52 AM
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#10510
  1. SniXSniPe
  2. Registered User
  1. SniXSniPe
  2. Registered User
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UPDATE

This is now my best trading stock since NIO. Most of my shares are getting assigned Friday (covered calls) @ $9.5 unfortunately, lol. Still fat gainz


edit: since I've posted
post 1629843683 01-27-2021, 10:52 AM
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#10511
  1. puristhndrwrth
  2. Registered User
  1. puristhndrwrth
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Please share this.

There is currently $38 MILLION USD worth of shorts on $AMC

When these short sellers don't hit their price target, they have to come out of pocket to COVER the shorts or buy the shares

This causes the price to rise... to the moon! RocketRocketRocketRocket
post 1629843873 01-27-2021, 10:54 AM
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#10512
  1. yochrisss
  2. happy new years bitch
  1. yochrisss
  2. happy new years bitch
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Who knew gamestop would get me rich
only misc at work crew
post 1629843893 01-27-2021, 10:55 AM
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#10513
  1. AdvancedDreamer
  2. Registered Retard
  1. AdvancedDreamer
  2. Registered Retard
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RIP TD AmeriTrade users.
post 1629843953 01-27-2021, 10:56 AM
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#10514
  1. Exiled93
  2. Manlet of Steel
  1. Exiled93
  2. Manlet of Steel
  3. Join Date: Jan 2012
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Originally Posted By puristhndrwrth⏩

Please share this.

There is currently $38 MILLION USD worth of shorts on $AMC

When these short sellers don't hit their price target, they have to come out of pocket to COVER the shorts or buy the shares

This causes the price to rise... to the moon! RocketRocketRocketRocket
At this point, I'm not just in it for the money. I don't have too much tied up in it - enough that I'd be depressed if I lost it but it's not the end of the world.

Like Chamath said it's more about sticking it to the establishment. They've been doing this chit for decades and flying in private jets, making millions an hour. To hell with them.


The fact that it's still holding pretty solid after an insane premarket/after hours yesterday and holding the $14-15 seems like good news. Obviously big firms are freaking out about it right now
post 1629844173 01-27-2021, 10:58 AM
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#10515
  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
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Originally Posted By chino3⏩
Obviously can't say with any certainty without knowing just HOW upside down HF's are, as well as how exposed they are through short positions.
Fair enough.

I just can't believe this relatively tiny retard-strength of the market chit-companies will bleed out the legitimate stocks.

Then again, I've been almost dead wrong about everything so far this year.
post 1629844293 01-27-2021, 10:59 AM
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#10516
  1. thatsnarf
  2. Registered User
  1. thatsnarf
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LOL everything going up for me.

CCPRQ the new ticker for old JCP up 77 %
post 1629844443 01-27-2021, 11:01 AM
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#10517
  1. RoyalRyy
  2. Registered User
  1. RoyalRyy
  2. Registered User
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That CNBC interview with Chamath was so entertaining. The guy is one of us!

Sold more GME shares at $370. I only hold 20 now... Was a fun ride.
HTC
post 1629844453 01-27-2021, 11:01 AM
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#10518
  1. wrastler163
  2. Registered User
  1. wrastler163
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post 1629844523 01-27-2021, 11:02 AM
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#10519
  1. chino3
  1. chino3
  3. Join Date: Oct 2012
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Originally Posted By HMFIC_BROWSIN⏩
Fair enough.

I just can't believe this relatively tiny retard-strength of the market chit-companies will bleed out the legitimate stocks.

Then again, I've been almost dead wrong about everything so far this year.
Here's the thing, the market hasn't behavedrationallythe past year, but thingscouldstart behaving that way with a catalyst like this. Here's my thing. I am focusing on long term holds in my IRA, and will focus on wheeling with my main. It's what I have enjoyed doing, so might as well free up/trim where/what I want to in the main account.

Also, if it makes you feel better, I am pretty heavy cash gang myself lol. 66% as of last trades.
"It won't get better, just different."
post 1629844573 01-27-2021, 11:02 AM
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#10520
  1. wrastler163
  2. Registered User
  1. wrastler163
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Originally Posted By RoyalRyy⏩
That CNBC interview with Chamath was so entertaining. The guy is one of us!

Sold more GME shares at $370. I only hold 20 now... Was a fun ride.
Anyone got a link yet? I’d like to see
post 1629844593 01-27-2021, 11:03 AM
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#10521
  1. MediocreGains
  2. Registered User
  1. MediocreGains
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JMIA hit a high of $65.50 today. So much for expecting a pullback when I sold at $56. Looks like it's getting a heavy boost along with rest of the short squeeze Armageddon.
Originally Posted By HMFIC_BROWSIN⏩
Fair enough.

I just can't believe this relatively tiny retard-strength of the market chit-companies will bleed out the legitimate stocks.

Then again, I've been almost dead wrong about everything so far this year.
A lot of these funds are leveraged to the tits and run by degenerate gamblers. The only real difference between some of them and WSB is the amount of capital they have.

That said, I don't expect anything much worse than what we're already seeing.
post 1629844633 01-27-2021, 11:04 AM
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#10522
  1. Lb54TG
  2. Registered User
  1. Lb54TG
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Repost for those that missed





This clicked with me yesterday. For those that still dont understand what is going on let me explain.

Short Interest = % of shares outstanding that are being shorted.

GME over100%
BB 7%
AMC 11%
BBY66%

Short Sales have a Margin requirement. Example below.
When Stock goes up and ABOVE the margin requirements for a Stock, Short Sellers get a Margin calll, they MUST cover the shares in X amount of days. This means that there is higher Demand.
In addition to this, WSB and US retail investors have already set the foundation for this by DIAMOND HANDING (not me unfortunately).

This means EVERY DAY that the stock goes up, these institutions AND Retail Short Sellers are SCRAMBLING on limited time to buy to cover.

My uncle with a 1.7m acct yesterday couldnt short GME as he tried at 125. (glad he didnt)




This is a HUGE Opportunity for Us, WE THE PEOPLE. to take back money from these Rigged Institutions and Wall Street. & We are doing this ALL legally.
The reason this is possible is WSB and Deep****ingValue bless his heart.

But we The people have the power now, and if WE BUY andHOLDThose institutions will be scrambling to buy those shares.


TLDR:

BUY BB BBBY GME AMC and FCKING HOLD
There is theoretically No ceiling as long as most retail are buying and holding and institutions have to cover short positions
Asian Crew. Always Rep Back Crew. Positivity Crew.

/\^/\^ Misc Colorado Crew ^/\^/\
post 1629844703 01-27-2021, 11:04 AM
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#10523
  1. Carbonfibre
  2. Rubber Banding
  1. Carbonfibre
  2. Rubber Banding
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so all the brokers are in on it.

this is occupy wallstreet that happened on streets but now its happening online with money.






looks like margins being raised on all meme stocks.

buying calls will get you assigned on GME they are trying to margin call you.

this legit?






.............


these hedge funds will so cry to sec to shut down wsb


they took yahoo message board to sec.


https://www.seclaw.com/15messageposter92000/
post 1629844713 01-27-2021, 11:04 AM
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#10524
  1. Travis99
  2. Philosophy Crew
  1. Travis99
  2. Philosophy Crew
  3. Join Date: Jul 2011
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Pltr finally took off.

Happy for the share holders!!! Awesome
There is no they…
post 1629844913 01-27-2021, 11:07 AM
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#10525
  1. Slamt
  2. Registered User
  1. Slamt
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Originally Posted By HMFIC_BROWSIN⏩
I find this difficult to believe..... But who knows.
Why is it hard to believe?

Even billion $ hedge funds still have to follow margin requirements.

If you want to keep your short position that's getting blown up, you're going to have to size down elsewhere.
post 1629844923 01-27-2021, 11:07 AM
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#10526
  1. Lb54TG
  2. Registered User
  1. Lb54TG
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My Crypto money just deposited into Schwab and I picked up more AMC shares.
Originally Posted By Slamt⏩
Why is it hard to believe?

Even billion $ hedge funds still have to follow margin requirements.

If you want to keep your short position that's getting blown up, you're going to have to size down elsewhere.
This. everyone knows that shorting a stock has theoretical "infinite loss potential"
Asian Crew. Always Rep Back Crew. Positivity Crew.

/\^/\^ Misc Colorado Crew ^/\^/\
post 1629844973 01-27-2021, 11:08 AM
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#10527
  1. RoyalRyy
  2. Registered User
  1. RoyalRyy
  2. Registered User
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Originally Posted By wrastler163⏩
Anyone got a link yet? I’d like to see
It finished a little bit ago and idk if they post it anywhere so soon.

EDIT: lots of clips on CNBC already.
HTC
post 1629845283 01-27-2021, 11:12 AM
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#10528
  1. topperstyle
  2. 720 Crew
  1. topperstyle
  2. 720 Crew
  3. Join Date: Jun 2010
  4. Posts: 13,303
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Back in amc 1k @ 15.40

Volume approaching 1 billion...
post 1629845383 01-27-2021, 11:12 AM
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#10529
  1. TugOfPeace
  2. 1012 ng/dl
  1. TugOfPeace
  2. 1012 ng/dl
  3. Join Date: Oct 2013
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Why the fook is AMD down. Price target upgrades everywhere, excellent earnings, have about $35k parked here and want to break even so I can dump my shares, ffs
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1629845413 01-27-2021, 11:13 AM
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#10530
  1. GodsAssassin69
  2. God's will be done.
  1. GodsAssassin69
  2. God's will be done.
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Originally Posted By SoutheastBeast1⏩
TFW you’re not in on any of the big jumps

What am I doing with my life smh...

A lot of people got rich today
I’m in a few but so poverty that I barely made over $100 today. Although what I’ve learned is don’t sell. I was selling at 40-60% returns like a noob . It’s only been 12 months for me now
Super Saiyan Crew

Mind. Body. Soul.

Three things can not be hidden long, the sun, the moon, and the truth.
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