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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 1630014943 01-29-2021, 09:06 AM
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#11521
  1. Destor
  2. Registered User
  1. Destor
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Yeah I can't get behind the idea of throwing money at this because of what might happen. Do you brahs buy lottery tickets?

Nope no thanks. I use coupons when I go to McDonalds, ain't throwing money away for anything
post 1630015463 01-29-2021, 09:13 AM
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#11522
  1. eltoro24
  2. Registered User
  1. eltoro24
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Wake up check GME, these retards are really doing it.

I have no position but watching this is pretty ridiculous.

Meme stocks what a world.
Dodgers!
BAAA BAA Baa Taaa Taaa Toothy
post 1630015753 01-29-2021, 09:18 AM
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#11523
  1. twovalvekid
  2. N3rd Op3rator
  1. twovalvekid
  2. N3rd Op3rator
  3. Join Date: Sep 2013
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Originally Posted By usersignup2⏩
Well, actually a lot.

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.
This isnt the norm for me. I'm having fun dad.
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew

RIP YGST
post 1630015873 01-29-2021, 09:19 AM
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#11524
  1. topperstyle
  2. 720 Crew
  1. topperstyle
  2. 720 Crew
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Short attack coming soon
post 1630015993 01-29-2021, 09:21 AM
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#11525
  1. TugOfPeace
  2. 1012 ng/dl
  1. TugOfPeace
  2. 1012 ng/dl
  3. Join Date: Oct 2013
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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.

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.
I don't think GME trading at $330 has anything to do with the overall market. It's just an anomaly; the only reason it's happening is because someone found out it was short squeezed to oblivion and through the power of social media, tons of people are getting in on it. If this GME thing wasn't happening right now, we would be in the exact same spot as the week before.

I really don't understand why people are saying this is a sign that the market is at the top, if something like this gains an audience in any market you would have massive people piling in to get a slice of the pie. How does that correlate to the market strength/weakness?
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1630016043 01-29-2021, 09:21 AM
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#11526
  1. Exiled93
  2. Manlet of Steel
  1. Exiled93
  2. Manlet of Steel
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Used the rest of my buying power on RH to buy $140 AAPL calls and some shares. Can't wait to close my RH account though.
post 1630016603 01-29-2021, 09:31 AM
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#11527
  1. bibimbape
  2. Registered User
  1. bibimbape
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Originally Posted By TugOfPeace⏩
I don't think GME trading at $330 has anything to do with the overall market. It's just an anomaly; the only reason it's happening is because someone found out it was short squeezed to oblivion and through the power of social media, tons of people are getting in on it. If this GME thing wasn't happening right now, we would be in the exact same spot as the week before.

I really don't understand why people are saying this is a sign that the market is at the top, if something like this gains an audience in any market you would have massive people piling in to get a slice of the pie. How does that correlate to the market strength/weakness?
It's the overall sentiment in the market. Tons of people piling in and signs of irrational exuberance everywhere. It's entirely possible that this goes on but it's worrisome to see these red flags.
post 1630016633 01-29-2021, 09:31 AM
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#11528
  1. _zman
  2. Trancebrah
  1. _zman
  2. Trancebrah
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Press secretary - "well Janet Yellen taking speaking fees from the hedge funds doesn't really concern us, what's more important is that she has a vag"
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
post 1630016733 01-29-2021, 09:32 AM
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#11529
  1. usersignup2
  2. Registered User
  1. usersignup2
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Originally Posted By TugOfPeace⏩
I really don't understand why people are saying this is a sign that the market is at the top, if something like this gains an audience in any market you would have massive people piling in to get a slice of the pie. How does that correlate to the market strength/weakness?
That is the exact scenario that creates the top. Over exuberance and fearlessness that it cant go down. FOMO will make it go parabolic.

Parabolic will follow with a 40% drop (from lift off to peak) in half the time it took to get to the peak.

BUT I dont think this event is big enough to plummet the broader market. If WSB tries to go at SPY, which is doubtful, and they had the same following then...
post 1630016743 01-29-2021, 09:32 AM
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#11530
  1. RobParks2M
  2. mad hatter
  1. RobParks2M
  2. mad hatter
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Originally Posted By bibimbape⏩
It's the overall sentiment in the market. Tons of people piling in and signs of irrational exuberance everywhere. It's entirely possible that this goes on but it's worrisome to see these red flags.
Where is there any exuberance? Other than perhaps SPACs once and awhile.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1630016793 01-29-2021, 09:32 AM
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#11531
  1. Destor
  2. Registered User
  1. Destor
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Originally Posted By bibimbape⏩
It's the overall sentiment in the market. Tons of people piling in and signs of irrational exuberance everywhere. It's entirely possible that this goes on but it's worrisome to see these red flags.
Nobody likes boomers rn but it's interesting to listen to the old dudes who have seen all this multiple times

Sounds as though action like this has been a symptom/catalyst of broader market crashes in the past when things were frothy af
post 1630016833 01-29-2021, 09:33 AM
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#11532
  1. hiyooo
  2. Fernandes
  1. hiyooo
  2. Fernandes
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Lurkers who are blindly jumping into GME (not all of you) please check out the following links.

They haveDECREASEDtheir short positions from yesterday's manipulation, it's around75% now from +140%at the start.
the situation (1/29 10 AM ET):

- short interest: 75.54% of float by Ortex, 113.31% of float by S3 Shortsight
- short share public availability: 0
- shorts are exiting their positions, but an amount of shares equal or almost equal to float is still shorted.
- robinhood and other brokerages didn't have the capital to place buy orders at times yesterday. Robinhood is apparently going so far as to liquidate GME shares in accounts that are not using margin trading(!) If you're still on robinhood, you should find a new broker ASAP. Retail brokers who didn't blow up completely yesterday include:
- vanguard
- td ameritrade
- fidelity
http://isthesqueezesquoze.com/
https://www.gmedd.com/

GTFO of Robinhood and be careful brahs SRS
post 1630016893 01-29-2021, 09:33 AM
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#11533
  1. TugOfPeace
  2. 1012 ng/dl
  1. TugOfPeace
  2. 1012 ng/dl
  3. Join Date: Oct 2013
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Originally Posted By usersignup2⏩
That is the exact scenario that creates the top. Over exuberance and fearlessness that it cant go down. FOMO will make it go parabolic.

Parabolic will follow with a 40% drop (from lift off to peak) in half the time it took to get to the peak.

BUT I dont think this event is big enough to plummet the broader market. If WSB tries to go at SPY, which is doubtful, and they had the same following then...
The only fearlessness that I see is people piling into a short squeeze, which is understandable. Nobody is piling into tech stocks like this, or any other stocks for that matter
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1630017013 01-29-2021, 09:35 AM
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#11534
  1. luckyboy23
  2. Banned
  1. luckyboy23
  2. Banned
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It actually happened, robinhood sold all my shares of BB without my permission or doing.

I feel the exact same way when my car got broken into.
post 1630017123 01-29-2021, 09:36 AM
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#11535
  1. bibimbape
  2. Registered User
  1. bibimbape
  2. Registered User
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Originally Posted By TugOfPeace⏩
The only fearlessness that I see is people piling into a short squeeze, which is understandable. Nobody is piling into tech stocks like this, or any other stocks for that matter
Can't tell if srs. TSLA?
post 1630017293 01-29-2021, 09:37 AM
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#11536
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
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KOSS, AMC to the moon right now.
post 1630017323 01-29-2021, 09:38 AM
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#11537
  1. Exiled93
  2. Manlet of Steel
  1. Exiled93
  2. Manlet of Steel
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Originally Posted By TugOfPeace⏩
The only fearlessness that I see is people piling into a short squeeze, which is understandable. Nobody is piling into tech stocks like this, or any other stocks for that matter
I agree with this.

Yea we've been in a huge bull market for like the last decade and who knows if the top is in. It probably should be in but with the fed propping up who knows.

But I think a lot of the GME/AMC meme stocks is more of a movement than a dotcom bubble situation. If you browse twitter/stocktwits/wsb or whatever you'll see tons of people just buying 1 or 2 shares and not even caring if they lose money because they feel like it's the only way they can rise against people who they deem responsible for what's wrong in America.

The dotcom bubble was just people wanting to speculate and make money.
post 1630017353 01-29-2021, 09:38 AM
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#11538
  1. Destor
  2. Registered User
  1. Destor
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Tech stocks are already at the tail end of massive runs. Do we want to look at YOY numbers?

FAANG is up like 70% YOY. Tesla is up 603% and Nio is up damn near 1,300%
post 1630017383 01-29-2021, 09:38 AM
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#11539
  1. SazabiBrah
  2. Registered User
  1. SazabiBrah
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Originally Posted By luckyboy23⏩
It actually happened, robinhood sold all my shares of BB without my permission or doing.

I feel the exact same way when my car got broken into.
just saw some YouTube comments saying the same thing. RH is phucking done
post 1630017443 01-29-2021, 09:39 AM
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#11540
  1. MediocreGains
  2. Registered User
  1. MediocreGains
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Originally Posted By Harry362⏩
my IPOE is rippin it

Charmath Palpatine tweeted about how its a great alternative for Robinhood
Got in on IPOE. Just a bit to start, and will add when it inevitably pulls back.

Added to AMD and AAPL as well.
post 1630017513 01-29-2021, 09:40 AM
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#11541
  1. VoxExMachina
  2. Mod Squad
  1. VoxExMachina
  2. Mod Squad
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Originally Posted By OptimistPrime11⏩
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.
Right now I'm going all in on Tulip Bulbs.
☠ By reading this post, you have agreed to my negative reputation terms of service.
post 1630017523 01-29-2021, 09:40 AM
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#11542
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  1. MinisterOfLust
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Originally Posted By luckyboy23⏩
It actually happened, robinhood sold all my shares of BB without my permission or doing.

I feel the exact same way when my car got broken into.
They didn't want me to add to my AMC. Saying I reach the limit of shares I could purchase for that stock.

Why are they telling me how much of stock I can purchase? This is crazy
post 1630017533 01-29-2021, 09:41 AM
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#11543
  1. TheUniBrah
  2. Registered User
  1. TheUniBrah
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Originally Posted By luckyboy23⏩
It actually happened, robinhood sold all my shares of BB without my permission or doing.

I feel the exact same way when my car got broken into.
Srs?

Its undeniable that shady chit goes on behind the scenes to manipulate the markets, but this is another level. How is that even possible?

Brb selling my neighbors house without them knowing
post 1630017853 01-29-2021, 09:43 AM
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#11544
  1. skinnyntall
  2. Putt Jatt Da
  1. skinnyntall
  2. Putt Jatt Da
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Originally Posted By TheUniBrah⏩
Brb selling my neighbors house without them knowing
Just sold the whole block. You missing out boyo
LAKERS
post 1630017933 01-29-2021, 09:44 AM
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#11545
  1. aberry33
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  1. aberry33
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Originally Posted By Destor⏩
Nobody likes boomers rn but it's interesting to listen to the old dudes who have seen all this multiple times

Sounds as though action like this has been a symptom/catalyst of broader market crashes in the past when things were frothy af
It absolutely has been in the past. I agree with others that the overall market exuberance is off the charts at the moment. Everyone talking about the market right now, many who have showed zero interest in it their entire lives.

Will it lead to some sort of crash or harsh correction this time around? No idea but the warning signs and historical evidence are all there.
post 1630018063 01-29-2021, 09:46 AM
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#11546
  1. topperstyle
  2. 720 Crew
  1. topperstyle
  2. 720 Crew
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Originally Posted By MinisterOfLust⏩
They didn't want me to add to my AMC. Saying I reach the limit of shares I could purchase for that stock.

Why are they telling me how much of stock I can purchase? This is crazy
Bidenlaughing.gif
post 1630018133 01-29-2021, 09:47 AM
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#11547
  1. TugOfPeace
  2. 1012 ng/dl
  1. TugOfPeace
  2. 1012 ng/dl
  3. Join Date: Oct 2013
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Originally Posted By bibimbape⏩
Can't tell if srs. TSLA?
I had thought about mentioning TSLA in my post as that's certainly a tech stock that is out of the norm, but TSLA isn't just a car company. It's one of those companies that people "believe" in, especially because of Elon himself. It's an anomaly, for sure. I think it's definitely overvalued based on earnings, but who knows. People "invest" based on potential, and TSLA has a lot of that.

Other tech stocks however, are just reacting due to COVID. With lockdowns and social distancing and the need for technology to keep us going, this was a natural progression, IMO. If COVID hadn't hit, we wouldn't be seeing the valuation that we are with tech stocks right now.

Tech stocks didn't go up because of some "bubble" type situation (in my opinion), they went up based on how the economy needed to shift due to COVID. Good example is AMZN - people wanted to get everything ordered online instead of risking it at stores, so naturally AMZN gained a ton of marketshare. That and the fact that so many businesses had to shut down, it's not a surprise in the least that AMZN ballooned like it did. You can say the same for other tech companies too.
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1630018283 01-29-2021, 09:48 AM
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#11548
  1. RobParks2M
  2. mad hatter
  1. RobParks2M
  2. mad hatter
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Originally Posted By hiyooo⏩
Lurkers who are blindly jumping into GME (not all of you) please check out the following links.

They haveDECREASEDtheir short positions from yesterday's manipulation, it's around75% now from +140%at the start.



http://isthesqueezesquoze.com/
https://www.gmedd.com/

GTFO of Robinhood and be careful brahs SRS
75% is still HUGE. That means 3 out of every 4 shares available needs to be bought to cover. Exponential gains are always had in the last part of the squeeze. I called $200 a long time ago now IMO it still has legs to $1,000
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1630018303 01-29-2021, 09:48 AM
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#11549
  1. taf1968
  2. RIP GST
  1. taf1968
  2. RIP GST
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Originally Posted By Destor⏩
Nobody likes boomers rn but it's interesting to listen to the old dudes who have seen all this multiple times

Sounds as though action like this has been a symptom/catalyst of broader market crashes in the past when things were frothy af
Early Gen-X . . . but yeah, Pets.com and nonsense like that was pretty epic at the time. You have dotcom in your name? Here's a few billion in valuation--don't worry too much about actual product or revenue.
*MFC Elder Statesmen Cabinet Crew*

**Distal Bicep Rupture Crew (Feb 2013)** -- recovery log: http://forum.obnoxiousbrutes.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.obnoxiousbrutes.com/showthread.php?t=136113651
post 1630018423 01-29-2021, 09:49 AM
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#11550
  1. luckyboy23
  2. Banned
  1. luckyboy23
  2. Banned
  3. Join Date: Nov 2019
  4. Posts: 6,801
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See attachment. Posting from phone. This is illegal.
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