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**OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
01-29-2021, 08:07 AM
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#11491
- JuicedMayhem
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- JuicedMayhem
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What trading platform are you guys using? I’m not fukkin with Robinhood . Will rep
01-29-2021, 08:12 AM
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#11492
01-29-2021, 08:13 AM
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#11493
01-29-2021, 08:14 AM
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#11494
- skinnyntall
- Putt Jatt Da
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- skinnyntall
- Putt Jatt Da
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Originally Posted By juicedmayhem⏩
tdawhat trading platform are you guys using? I’m not fukkin with robinhood . Will rep
LAKERS
01-29-2021, 08:15 AM
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#11495
01-29-2021, 08:16 AM
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#11496
- ItsJamesthefin
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- ItsJamesthefin
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Fuk it I'm in. I'll gamble with the hope that this moons to like 1k at some point.
01-29-2021, 08:16 AM
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#11497
- puristhndrwrth
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- puristhndrwrth
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Originally Posted By JuicedMayhem⏩
WellsfargoWhat trading platform are you guys using? I’m not fukkin with Robinhood . Will rep
01-29-2021, 08:17 AM
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#11498
- Jms89
- Oh, i like that
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- Jms89
- Oh, i like that
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Originally Posted By lockdev⏩
Welcome aboard m8. I have been holding since 3.00 lmao. I am literally committed to ride this bich into the dirt if need be.Just went balls deep into AMC.
Totally going full retard. Don't care if I lose. Just wanted to be a part of this craziness.
Totally going full retard. Don't care if I lose. Just wanted to be a part of this craziness.
This fool's running a Honda 2000
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01-29-2021, 08:23 AM
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#11499
- Exiled93
- Manlet of Steel
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- Exiled93
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Wow. So I have 478 shares of AMC and have 4 CC against them...was looking at options and I could get $450 for 1 more CC at like a $15 strike for next week.
But it won't let me buy the extra 22 shares I need to cover it.
That IV is so high. If you guys have the shares I would highly look at selling CC against them. That option pricing is way too good to be true.
Breakeven on a $15 strike is around $20. That's insane.
Unless it pulls another GME and just blows WAY past that to like $50 which is what people seem to be betting on.
But it won't let me buy the extra 22 shares I need to cover it.
That IV is so high. If you guys have the shares I would highly look at selling CC against them. That option pricing is way too good to be true.
Breakeven on a $15 strike is around $20. That's insane.
Unless it pulls another GME and just blows WAY past that to like $50 which is what people seem to be betting on.
01-29-2021, 08:23 AM
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#11500
- skinnyntall
- Putt Jatt Da
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- skinnyntall
- Putt Jatt Da
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Originally Posted By Jms89⏩
Lol same. Got in at $3 and then again at $4. Holdingg.Welcome aboard m8. I have been holding since 3.00 lmao. I am literally committed to ride this bich into the dirt if need be.
LAKERS
01-29-2021, 08:25 AM
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#11501
01-29-2021, 08:26 AM
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#11502
- Lb54TG
- Registered User
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- Lb54TG
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Hey boys
I didnt post at all yesterday. As you well know I posted the thread on front misc to aware everyone on the movement.
As some of you know 2 weeks ago I lost 40k in a series of panic sells.
Well after going up to 40k wednesday, yesterday when the hedgefunds and Robinhood was fcking everyone, I panic sold when GME hit 120. The bottom. The ptsd and microtraumas from the previous week got to me and I lost all logic and panic'd.
I cried for 15 mins once I realized what happened. I'm hurt, I'm angry, but I'm okay.
I know some of you probably think I'm retarded. I probably am, I'm just sick of living in this system that is very well corrupt. I explained logically why this community plan works in my thread. I also had friends that said they were going to hold.
For someone that held 130k to 20k in 2018's crypto crash, Idk where the patience and hope turned to impatience and fear. It was obvious when Robinhood was doing all that that it was illegal and would get shut down but in that 15 mins I had a friend call me saying "hey whats going on?" I had my friends who were noobs to this in group chat say "It's over, We lost" "Cut your losses" "Its not WS anymore its retail selling" Ofc I didnt think to check Level 2. I take full responsibility but I realized a lot last night of why things happened.
Fck those hedge funds, fck wallstreet. I have 10k left to my name and i will lose that all today for the movement. 10k is nothing, I can work 3 months and get that back.
But for them to take from me, and countless others by their blatant illegal, scalping tactics. Aboslutely fck all of them.
I love you guys. I hope those of you who are part of the movement make a lot of money.
Not too long ago I had 222 shares, and now I have 31.
I know hiyoo has been part of this for a bit. Happy for you and the rest.
I didnt post at all yesterday. As you well know I posted the thread on front misc to aware everyone on the movement.
As some of you know 2 weeks ago I lost 40k in a series of panic sells.
Well after going up to 40k wednesday, yesterday when the hedgefunds and Robinhood was fcking everyone, I panic sold when GME hit 120. The bottom. The ptsd and microtraumas from the previous week got to me and I lost all logic and panic'd.
I cried for 15 mins once I realized what happened. I'm hurt, I'm angry, but I'm okay.
I know some of you probably think I'm retarded. I probably am, I'm just sick of living in this system that is very well corrupt. I explained logically why this community plan works in my thread. I also had friends that said they were going to hold.
For someone that held 130k to 20k in 2018's crypto crash, Idk where the patience and hope turned to impatience and fear. It was obvious when Robinhood was doing all that that it was illegal and would get shut down but in that 15 mins I had a friend call me saying "hey whats going on?" I had my friends who were noobs to this in group chat say "It's over, We lost" "Cut your losses" "Its not WS anymore its retail selling" Ofc I didnt think to check Level 2. I take full responsibility but I realized a lot last night of why things happened.
Fck those hedge funds, fck wallstreet. I have 10k left to my name and i will lose that all today for the movement. 10k is nothing, I can work 3 months and get that back.
But for them to take from me, and countless others by their blatant illegal, scalping tactics. Aboslutely fck all of them.
I love you guys. I hope those of you who are part of the movement make a lot of money.
Not too long ago I had 222 shares, and now I have 31.
I know hiyoo has been part of this for a bit. Happy for you and the rest.
Asian Crew. Always Rep Back Crew. Positivity Crew.
/\^/\^ Misc Colorado Crew ^/\^/\
01-29-2021, 08:27 AM
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#11503
- Travis99
- Philosophy Crew
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- Travis99
- Philosophy Crew
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Originally Posted By Exiled93⏩
Are you trading with Robinhood? I’d suggest moving to another trading platform.Wow. So I have 478 shares of AMC and have 4 CC against them...was looking at options and I could get $450 for 1 more CC at like a $15 strike for next week.
But it won't let me buy the extra 22 shares I need to cover it.
That IV is so high. If you guys have the shares I would highly look at selling CC against them. That option pricing is way too good to be true.
Breakeven on a $15 strike is around $20. That's insane.
Unless it pulls another GME and just blows WAY past that to like $50 which is what people seem to be betting on.
But it won't let me buy the extra 22 shares I need to cover it.
That IV is so high. If you guys have the shares I would highly look at selling CC against them. That option pricing is way too good to be true.
Breakeven on a $15 strike is around $20. That's insane.
Unless it pulls another GME and just blows WAY past that to like $50 which is what people seem to be betting on.
There is no they…
01-29-2021, 08:28 AM
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#11504
- QisGQ
- urban youth of peace
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- QisGQ
- urban youth of peace
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In on AMC....hopefully I didn't miss the train.
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01-29-2021, 08:31 AM
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#11505
- JuicedMayhem
- Registered User
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- JuicedMayhem
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Originally Posted By lockdev⏩
Charles Schwab.
They don't fuark around.
They don't fuark around.
Originally Posted By thatsnarf⏩
td been fine for me all this time. i dont option though.
Originally Posted By skinnyntall⏩
tda
Originally Posted By puristhndrwrth⏩
Thanks. Repped. Gonna start with TD then look into Charles SchwabWellsfargo
01-29-2021, 08:31 AM
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#11506
- Exiled93
- Manlet of Steel
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- Exiled93
- Manlet of Steel
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Originally Posted By Travis99⏩
I'm going to but everything is in robinhood atm and I don't want to close my positions just yet - not only that I can't close because I have 4 CC that expire today and next friday.Are you trading with Robinhood? I’d suggest moving to another trading platform.
If someone in here still wants to invest in AMC, CC would be the way to go.
Not financial advice obviously but highly suggest looking at the 2/5 call options to sell.
01-29-2021, 08:37 AM
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#11507
- Travis99
- Philosophy Crew
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- Travis99
- Philosophy Crew
- Join Date: Jul 2011
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Originally Posted By Lb54TG⏩
I know those feels bro. My brother, when all things seem lost I think of this story. 2 minutes long. Give it a listenHey boys
I didnt post at all yesterday. As you well know I posted the thread on front misc to aware everyone on the movement.
As some of you know 2 weeks ago I lost 40k in a series of panic sells.
Well after going up to 40k wednesday, yesterday when the hedgefunds and Robinhood was fcking everyone, I panic sold when GME hit 120. The bottom. The ptsd and microtraumas from the previous week got to me and I lost all logic and panic'd.
I cried for 15 mins once I realized what happened. I'm hurt, I'm angry, but I'm okay.
I know some of you probably think I'm retarded. I probably am, I'm just sick of living in this system that is very well corrupt. I explained logically why this community plan works in my thread. I also had friends that said they were going to hold.
For someone that held 130k to 20k in 2018's crypto crash, Idk where the patience and hope turned to impatience and fear. It was obvious when Robinhood was doing all that that it was illegal and would get shut down but in that 15 mins I had a friend call me saying "hey whats going on?" I had my friends who were noobs to this in group chat say "It's over, We lost" "Cut your losses" "Its not WS anymore its retail selling" Ofc I didnt think to check Level 2. I take full responsibility but I realized a lot last night of why things happened.
Fck those hedge funds, fck wallstreet. I have 10k left to my name and i will lose that all today for the movement. 10k is nothing, I can work 3 months and get that back.
But for them to take from me, and countless others by their blatant illegal, scalping tactics. Aboslutely fck all of them.
I love you guys. I hope those of you who are part of the movement make a lot of money.
Not too long ago I had 222 shares, and now I have 31.
I know hiyoo has been part of this for a bit. Happy for you and the rest.
I didnt post at all yesterday. As you well know I posted the thread on front misc to aware everyone on the movement.
As some of you know 2 weeks ago I lost 40k in a series of panic sells.
Well after going up to 40k wednesday, yesterday when the hedgefunds and Robinhood was fcking everyone, I panic sold when GME hit 120. The bottom. The ptsd and microtraumas from the previous week got to me and I lost all logic and panic'd.
I cried for 15 mins once I realized what happened. I'm hurt, I'm angry, but I'm okay.
I know some of you probably think I'm retarded. I probably am, I'm just sick of living in this system that is very well corrupt. I explained logically why this community plan works in my thread. I also had friends that said they were going to hold.
For someone that held 130k to 20k in 2018's crypto crash, Idk where the patience and hope turned to impatience and fear. It was obvious when Robinhood was doing all that that it was illegal and would get shut down but in that 15 mins I had a friend call me saying "hey whats going on?" I had my friends who were noobs to this in group chat say "It's over, We lost" "Cut your losses" "Its not WS anymore its retail selling" Ofc I didnt think to check Level 2. I take full responsibility but I realized a lot last night of why things happened.
Fck those hedge funds, fck wallstreet. I have 10k left to my name and i will lose that all today for the movement. 10k is nothing, I can work 3 months and get that back.
But for them to take from me, and countless others by their blatant illegal, scalping tactics. Aboslutely fck all of them.
I love you guys. I hope those of you who are part of the movement make a lot of money.
Not too long ago I had 222 shares, and now I have 31.
I know hiyoo has been part of this for a bit. Happy for you and the rest.
https://youtu.be/byQrdnq7_H0
There is no they…
01-29-2021, 08:39 AM
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#11508
- HMFIC_BROWSIN
- Buy high, sell higher.
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- HMFIC_BROWSIN
- Buy high, sell higher.
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BTC chart this Friday looks like a replica of PLTR last friday....
What do?
What do?
01-29-2021, 08:40 AM
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#11509
- Travis99
- Philosophy Crew
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- Travis99
- Philosophy Crew
- Join Date: Jul 2011
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Originally Posted By Exiled93⏩
I understand. That’s how they were able to crash those specific securities yesterday. Because they knew it’s not that easy to just switch to a new trading platform.I'm going to but everything is in robinhood atm and I don't want to close my positions just yet - not only that I can't close because I have 4 CC that expire today and next friday.
If someone in here still wants to invest in AMC, CC would be the way to go.
Not financial advice obviously but highly suggest looking at the 2/5 call options to sell.
If someone in here still wants to invest in AMC, CC would be the way to go.
Not financial advice obviously but highly suggest looking at the 2/5 call options to sell.
I used fidelity and although not as sleek of an interface as Robinhood it does the job and I was able to trade all securities yesterday. Wish you the best of luck bro.
There is no they…
01-29-2021, 08:42 AM
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#11510
- OptimistPrime11
- Banned
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- OptimistPrime11
- Banned
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Having traded through the internet crazed bull market from 1998 to 2000, I have to say the pure stock mania happening right now puts that to shame. It is not as long of a duration, but the pure insanity is off the charts.
Everyone and their brother is either talking stock market or buying stocks.
Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.
Pure sign of the end of a bull market.
Everyone and their brother is either talking stock market or buying stocks.
Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.
Pure sign of the end of a bull market.
01-29-2021, 08:44 AM
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#11511
Originally Posted By OptimistPrime11⏩
Bigly trueHaving traded through the internet crazed bull market from 1998 to 2000, I have to say the pure stock mania happening right now puts that to shame. It is not as long of a duration, but the pure insanity is off the charts.
Everyone and their brother is either talking stock market or buying stocks.
Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.
Pure sign of a top.
Everyone and their brother is either talking stock market or buying stocks.
Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.
Pure sign of a top.
01-29-2021, 08:45 AM
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#11512
- HMFIC_BROWSIN
- Buy high, sell higher.
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- HMFIC_BROWSIN
- Buy high, sell higher.
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Originally Posted By OptimistPrime11⏩
Tbf, freezing student loans without penalty, handing out free cash, and a looming student loan forgiveness.....Having traded through the internet crazed bull market from 1998 to 2000, I have to say the pure stock mania happening right now puts that to shame.
Everyone and their brother is either talking stock market or buying stocks.
Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.
Pure sign of a top.
Everyone and their brother is either talking stock market or buying stocks.
Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.
Pure sign of a top.
It makes sense that the financial markets are going full retard.
When does the music stop, tho? Seems like the Fed isn't afraid of printing to oblivion.
01-29-2021, 08:47 AM
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#11513
- twovalvekid
- N3rd Op3rator
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- twovalvekid
- N3rd Op3rator
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Originally Posted By thatsnarf⏩
This.td been fine for me all this time. i dont option though.
Personal Savings is TD and 401K is schwab.
Schwab was the only one that really actually stop me this week.
Bought 170 shares of AMC for the lolz.
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
01-29-2021, 08:47 AM
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#11514
- OptimistPrime11
- Banned
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- OptimistPrime11
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Originally Posted By HMFIC_BROWSIN⏩
$600 in cash payments and not having to make a $100 a month student loan payment is not driving the market right now. That is 1/1000000th of the money that is being traded on stocks.Tbf, freezing student loans without penalty, handing out free cash, and a looming student loan forgiveness.....
It makes sense that the financial markets are going full retard.
When does the music stop, tho? Seems like the Fed isn't afraid of printing to oblivion.
It makes sense that the financial markets are going full retard.
When does the music stop, tho? Seems like the Fed isn't afraid of printing to oblivion.
What is happening is the funds, the whales, are the ones behind the scenes doing the pumping, and supporting at times, and using sites like WSB and twitter along with the novice retail investor to help buy what they are selling.
01-29-2021, 08:51 AM
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#11515
- OptimistPrime11
- Banned
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- OptimistPrime11
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Originally Posted By OptimistPrime11⏩
Even people like Ice Poseidon is having a live stream on youtube right now while he buys and sells stocks.$600 in cash payments and not having to make a $100 a month student loan payment is not driving the market right now. That is 1/1000000th of the money that is being traded on stocks.
What is happening is the funds, the whales, are the ones behind the scenes doing the pumping, and supporting at times, and using sites like WSB and twitter along with the novice retail investor to help buy what they are selling.
What is happening is the funds, the whales, are the ones behind the scenes doing the pumping, and supporting at times, and using sites like WSB and twitter along with the novice retail investor to help buy what they are selling.
I see 100s of others doing the same.
And GME trading at $330 from $3 and people think it is undervalued?
You can't get a bigger sign of a top than that lol.
01-29-2021, 08:54 AM
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#11516
01-29-2021, 08:56 AM
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#11517
- HMFIC_BROWSIN
- Buy high, sell higher.
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- HMFIC_BROWSIN
- Buy high, sell higher.
- Join Date: Feb 2009
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Originally Posted By OptimistPrime11⏩
I really honestly don't think GME would have done ANYTHING had it not been for a bunch of Reddit users who suddenly didn't have to spend $300/mn on their student loans.$600 in cash payments and not having to make a $100 a month student loan payment is not driving the market right now. That is 1/1000000th of the money that is being traded on stocks.
I know 30 year olds paying $1k/mn, now paying nothing.
If biden bails out student loans completely, that is an absolute fukload of money.
Obv all of this will blow up, but honestly I thought the party was clearly over back in march, only to be shown the way of the money printer.
Southwest airlines is trading around it's 5 year average.... That is hilarious.
01-29-2021, 08:56 AM
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#11518
01-29-2021, 09:01 AM
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#11519
Originally Posted By OptimistPrime11⏩
You are in the OTC game, how does penny stocks react to market crash/correction ? Do they just follow everything else ?$600 in cash payments and not having to make a $100 a month student loan payment is not driving the market right now. That is 1/1000000th of the money that is being traded on stocks.
What is happening is the funds, the whales, are the ones behind the scenes doing the pumping, and supporting at times, and using sites like WSB and twitter along with the novice retail investor to help buy what they are selling.
What is happening is the funds, the whales, are the ones behind the scenes doing the pumping, and supporting at times, and using sites like WSB and twitter along with the novice retail investor to help buy what they are selling.
01-29-2021, 09:02 AM
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#11520
- usersignup2
- Registered User
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- usersignup2
- Registered User
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Originally Posted By twovalvekid⏩
Well, actually a lot.I was half being sarcastic....but also half go....meh...whats 1k to toss at GME....what's the worst that could happen.
Not participating in any if this. Why? 1K is still 1K and over time that opportunity cost adds up. More importantly that mentality breeds poor habits which compound and over the years can cost you 10X. Finally, its poor money management which any long term trader will tell you is one of the biggest keys to long term growth. JMHO.
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