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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 1630037813 01-29-2021, 01:44 PM
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#11731
  1. MediocreGains
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  1. MediocreGains
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Remember when people had all sorts of ideas for what would bring the next big crash/correction? Election uncertainty, Biden winning, Democrats winning in Georgia, civil unrest, national lockdowns, higher taxes, COVID deaths spiking, etc (and personally, I had doubts about any of them doing any real damage). Turns out the catalyst may be GameStop. What a time to be alive, lol. Don't think this will be a big deal either, but it was definitely unexpected.
post 1630037933 01-29-2021, 01:45 PM
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#11732
  1. LCBOLeo
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  1. LCBOLeo
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For brahs that are invested just to see how chit goes... are y'all holding over the weekend?

Was thinking about holding GME over the weekend since I have just one share, but was thinking about cutting my losses on BB. Bought 50 shares when it was $26 (buy high sell low yeah yeah I know, I gambled what I could afford to lose tho.) Can't see it going back above $20.

Thoughts?
post 1630038003 01-29-2021, 01:45 PM
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#11733
  1. arya24
  2. FCB/LAL
  1. arya24
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thoughts on ARK funds atm? All these dips make me want to jump in and leave it be for a few years.
post 1630038103 01-29-2021, 01:47 PM
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#11734
  1. Mountaineer92
  2. TOP G
  1. Mountaineer92
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Originally Posted By LCBOLeo⏩
For brahs that are invested just to see how chit goes... are y'all holding over the weekend?

Was thinking about holding GME over the weekend since I have just one share, but was thinking about cutting my losses on BB. Bought 50 shares when it was $26 (buy high sell low yeah yeah I know, I gambled what I could afford to lose tho.) Can't see it going back above $20.

Thoughts?
get out of BB and go into amc
PUREBLOOD CREW
Top G Crew

#1 Misc Tate supporter.

If you are reading this - go do 100 push ups.
post 1630038203 01-29-2021, 01:48 PM
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#11735
  1. Travis99
  2. Philosophy Crew
  1. Travis99
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Not a bad overview of what s going on. Surprise surprise, Elizabeth Warren defending the billionaire hedge funds.



https://youtu.be/ui5Y1wfhV7k
There is no they…
post 1630038303 01-29-2021, 01:48 PM
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#11736
  1. LCBOLeo
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  1. LCBOLeo
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Originally Posted By Mountaineer92⏩
get out of BB and go into amc
Cut my losses from one meme stock that I bought at high just to go in to another and buy at high again? Strong advice.
post 1630038493 01-29-2021, 01:50 PM
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#11737
  1. Mountaineer92
  2. TOP G
  1. Mountaineer92
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Originally Posted By LCBOLeo⏩
Cut my losses from one meme stock that I bought at high just to go in to another and buy at high again? Strong advice.
look at amc and how its faring vs bb


or just dont ask for advice next time and put it back in a savings acct and collect .01%
PUREBLOOD CREW
Top G Crew

#1 Misc Tate supporter.

If you are reading this - go do 100 push ups.
post 1630038553 01-29-2021, 01:51 PM
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#11738
  1. puristhndrwrth
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  1. puristhndrwrth
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ok,so im holding amc till monday or whatever next jump in price ?
post 1630038593 01-29-2021, 01:51 PM
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#11739
  1. SazabiBrah
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  1. SazabiBrah
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Originally Posted By LCBOLeo⏩
Cut my losses from one meme stock that I bought at high just to go in to another and buy at high again? Strong advice.
CCIV. A little unlikely so soon, but they might announce a merger over the weekend or premarket Monday. Easy double of share price
post 1630038633 01-29-2021, 01:51 PM
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#11740
  1. OptimistPrime11
  2. Banned
  1. OptimistPrime11
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Also, don't be surprised if the SEC starts going after sites like WSB. Back when the internet started, the sec sued and won against a number of people who would create false hype in a stock by posting multiple times, under many different alias's....online.

It is illegal to purposely try and manipulate a stock the way that WSB is doing it...at least in the SEC's eyes.

None of you probably remember or heard of him, but Jonathon Lebed was prosecuted by the SEC back in the early 2000s for just this. He was the king of stock pumps.

https://pennystockwhizzkid.com/jonathan-lebed/
post 1630038643 01-29-2021, 01:51 PM
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#11741
  1. Lb54TG
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  1. Lb54TG
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Originally Posted By LCBOLeo⏩
For brahs that are invested just to see how chit goes... are y'all holding over the weekend?

Was thinking about holding GME over the weekend since I have just one share, but was thinking about cutting my losses on BB. Bought 50 shares when it was $26 (buy high sell low yeah yeah I know, I gambled what I could afford to lose tho.) Can't see it going back above $20.

Thoughts?
I'm holding my AMC and GME shares. Monday should fly

Originally Posted By Travis99⏩
Not a bad overview of what s going on. Surprise surprise, Elizabeth Warren defending the billionaire hedge funds.



https://youtu.be/ui5Y1wfhV7k
my liberal friend told me he was disappointed in this.

I told him Swamp, any politician or person in power defunding the hedge funds is not for the people. Simple as that.
Asian Crew. Always Rep Back Crew. Positivity Crew.

/\^/\^ Misc Colorado Crew ^/\^/\
post 1630038723 01-29-2021, 01:52 PM
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#11742
  1. OptimistPrime11
  2. Banned
  1. OptimistPrime11
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Originally Posted By SazabiBrah⏩
Added RVVTF today too. Be honest brah, how many millions do you have from your investments?
Anywhere between $10 and $50 M.
post 1630038943 01-29-2021, 01:55 PM
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#11743
  1. skinnyntall
  2. Putt Jatt Da
  1. skinnyntall
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Originally Posted By OptimistPrime11⏩
Anywhere between $10 and $50 M.
Give me some good news on CTYX. When can we expect it to change their ticker ..etc
LAKERS
post 1630038963 01-29-2021, 01:55 PM
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#11744
  1. trippped
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  1. trippped
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Originally Posted By LCBOLeo⏩
Cut my losses from one meme stock that I bought at high just to go in to another and buy at high again? Strong advice.
holding my 110 shares of BB through the weekend **** it
post 1630038973 01-29-2021, 01:56 PM
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#11745
  1. _zman
  2. Trancebrah
  1. _zman
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Originally Posted By arya24⏩
thoughts on ARK funds atm? All these dips make me want to jump in and leave it be for a few years.
If you like, go for it. I bought it last month and my cost basis is still positive on most of their funds. I'm personally waiting a bit to buy more.

I can't speculate or I'd be manipulating the market...
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
post 1630039003 01-29-2021, 01:56 PM
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#11746
  1. SazabiBrah
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Originally Posted By GodsAssassin69⏩
Lieeeeeeee
Honestly wouldn't be surprised. People gave him a lot of shiet last year for his penny stock predictions, but so far they've been pretty spot on
post 1630039013 01-29-2021, 01:56 PM
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#11747
  1. Lb54TG
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  1. Lb54TG
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Originally Posted By OptimistPrime11⏩
Also, don't be surprised if the SEC starts going after sites like WSB. Back when the internet started, the sec sued and won against a number of people who would create false hype in a stock by posting multiple times, under many different alias's....online.

It is illegal to purposely try and manipulate a stock the way that WSB is doing it...at least in the SEC's eyes.

None of you probably remember or heard of him, but Jonathon Lebed was prosecuted by the SEC back in the early 2000s for just this. He was the king of stock pumps.

https://pennystockwhizzkid.com/jonathan-lebed/
I dont see this as any different than a bunch of people hyping Apple stock because of M1 chip / new iphone / or if they wee undervalued.

All the numbers are there, and If overshorting a stock is illegal, than telling people that a stock is overshorted and the company has potential to turn its business around and buying it.

I mean Tesla PE is like 1,666. SQ trades 155x earnings.

What are fundamentals lol.
Asian Crew. Always Rep Back Crew. Positivity Crew.

/\^/\^ Misc Colorado Crew ^/\^/\
post 1630039263 01-29-2021, 02:00 PM
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#11748
  1. TheUniBrah
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  1. TheUniBrah
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Originally Posted By LCBOLeo⏩
For brahs that are invested just to see how chit goes... are y'all holding over the weekend?

Was thinking about holding GME over the weekend since I have just one share, but was thinking about cutting my losses on BB. Bought 50 shares when it was $26 (buy high sell low yeah yeah I know, I gambled what I could afford to lose tho.) Can't see it going back above $20.

Thoughts?
I cashed out my only remaining “meme” stock (BB). Was still in the money for it but looks like it was well timed in retrospect. I dont see it as an actual meme stock, so im going to buy back in monday morning if the market doesnt implode.
post 1630039343 01-29-2021, 02:00 PM
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#11749
  1. Galindo62
  2. neck of peace
  1. Galindo62
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Originally Posted By SazabiBrah⏩
CCIV. A little unlikely so soon, but they might announce a merger over the weekend or premarket Monday. Easy double of share price
Easy Double share price? Holy **** selling everything and putting it all into cciv.

Notsrs huehue
I used to have an AVI of my traps and neck. I changed it a while back and tried editing my user title but this website is glitched and it will not let me change it anymore.
post 1630039403 01-29-2021, 02:01 PM
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#11750
  1. OptimistPrime11
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  1. OptimistPrime11
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Originally Posted By skinnyntall⏩
Lol. Robbingthehood is done
It is actually the opposite. They won't lose because people sue them. They would only lose if people leave them and go somewhere else.

I keep trying to tell you guys but no one seems to be listening. The brokerage houses are restricting trading on certain stocks because they are limiting their liability. They don't want a kid buying $500 k of GME on margin and the stock falling 80% and they have to cover a $400 K loss and they only have $50 k in the account. Trust me when I say this as someone who as dealt with compliance dept's from brokers for years. What the brokers are doing is completely normal. You just hear about it now because a bunch of novice traders who have no idea wtf they are talking about are complaining. But this has happened 1000s of times.

In fact the only real people in danger or being sued are the WSB crew by the SEC for stock manipulation.

RH is fine.
post 1630039473 01-29-2021, 02:02 PM
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#11751
  1. OptimistPrime11
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  1. OptimistPrime11
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Originally Posted By Carbonfibre⏩
Robinhood and Citadel is few subpoena away from being dead.
Nope. Opposite.
post 1630039553 01-29-2021, 02:03 PM
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#11752
  1. Carbonfibre
  2. Rubber Banding
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missed in all this.

there was some strong Apple option flow today.
post 1630039653 01-29-2021, 02:04 PM
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#11753
  1. OptimistPrime11
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  1. OptimistPrime11
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Originally Posted By skinnyntall⏩
Give me some good news on CTYX. When can we expect it to change their ticker ..etc
That is up to FINRA as they handle that.

They applied in November and I know other companies who did the same around the same time all got approved this week.

So it should be anyday.
post 1630039783 01-29-2021, 02:07 PM
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#11754
  1. theluckylad
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Originally Posted By OptimistPrime11⏩
It is actually the opposite. They won't lose because people sue them. They would only lose if people leave them and go somewhere else.

I keep trying to tell you guys but no one seems to be listening. The brokerage houses are restricting trading on certain stocks because they are limiting their liability. They don't want a kid buying $500 k of GME on margin and the stock falling 80% and they have to cover a $400 K loss and they only have $50 k in the account. Trust me when I say this as someone who as dealt with compliance dept's from brokers for years. What the brokers are doing is completely normal. You just hear about it now because a bunch of novice traders who have no idea wtf they are talking about are complaining. But this has happened 1000s of times.

In fact the only real people in danger or being sued are the WSB crew by the SEC for stock manipulation.

RH is fine.
nobody is listening because you sound out of touch
post 1630039813 01-29-2021, 02:07 PM
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#11755
  1. mikusk
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Originally Posted By Galindo62⏩
Easy Double share price? Holy **** selling everything and putting it all into cciv.

Notsrs huehue
our analysts indicate it could go a heck of a lot higher than that. Your profit on a mere $6,000 investment would be upwards of $60,000!
post 1630039893 01-29-2021, 02:07 PM
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#11756
  1. VoxExMachina
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Originally Posted By OptimistPrime11⏩
It is actually the opposite. They won't lose because people sue them. They would only lose if people leave them and go somewhere else.

I keep trying to tell you guys but no one seems to be listening. The brokerage houses are restricting trading on certain stocks because they are limiting their liability. They don't want a kid buying $500 k of GME on margin and the stock falling 80% and they have to cover a $400 K loss and they only have $50 k in the account. Trust me when I say this as someone who as dealt with compliance dept's from brokers for years. What the brokers are doing is completely normal. You just hear about it now because a bunch of novice traders who have no idea wtf they are talking about are complaining. But this has happened 1000s of times.

In fact the only real people in danger or being sued are the WSB crew by the SEC for stock manipulation.

RH is fine.
I don't use RH and am only watching the drama from the outside so I don't know if there are any shenanigans going on anywhere, but it was pretty obvious to me that was probably happening were simple margin calls and restricted trading on accounts with not much cash in them, and these new investors had no idea this was normal SOP.

And obviously RH was going to be visible in this because of their dollar store brokerage model. Which might not bode well for them because they marketed their services to these same novices. Not legally, but just from the fickle nature of their clients.
☠ By reading this post, you have agreed to my negative reputation terms of service.
post 1630039933 01-29-2021, 02:08 PM
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#11757
  1. Berts
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Originally Posted By OptimistPrime11⏩
It is actually the opposite. They won't lose because people sue them.They would only lose if people leave them and go somewhere else.

I keep trying to tell you guys but no one seems to be listening. The brokerage houses are restricting trading on certain stocks because they are limiting their liability. They don't want a kid buying $500 k of GME on margin and the stock falling 80% and they have to cover a $400 K loss and they only have $50 k in the account. Trust me when I say this as someone who as dealt with compliance dept's from brokers for years. What the brokers are doing is completely normal. You just hear about it now because a bunch of novice traders who have no idea wtf they are talking about are complaining. But this has happened 1000s of times.

In fact the only real people in danger or being sued are the WSB crew by the SEC for stock manipulation.

RH is fine.
I'm seeing lots of people are done with their BS, we will see.
post 1630039973 01-29-2021, 02:08 PM
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#11758
  1. WHChampion
  1. WHChampion
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Originally Posted By OptimistPrime11⏩
It is actually the opposite. They won't lose because people sue them. They would only lose if people leave them and go somewhere else.

I keep trying to tell you guys but no one seems to be listening. The brokerage houses are restricting trading on certain stocks because they are limiting their liability. They don't want a kid buying $500 k of GME on margin and the stock falling 80% and they have to cover a $400 K loss and they only have $50 k in the account. Trust me when I say this as someone who as dealt with compliance dept's from brokers for years. What the brokers are doing is completely normal. You just hear about it now because a bunch of novice traders who have no idea wtf they are talking about are complaining. But this has happened 1000s of times.

In fact the only real people in danger or being sued are the WSB crew by the SEC for stock manipulation.

RH is fine.
Brah, they had a buy limit of 1 for these stocks after 0 yesterday. It's not the same as trying to prevent someone from going full retard. Sure I'm "novice" but even I can smell bullchit.
post 1630040083 01-29-2021, 02:10 PM
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#11759
  1. OptimistPrime11
  2. Banned
  1. OptimistPrime11
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Originally Posted By Lb54TG⏩
I dont see this as any different than a bunch of people hyping Apple stock because of M1 chip / new iphone / or if they wee undervalued.

All the numbers are there, and If overshorting a stock is illegal, than telling people that a stock is overshorted and the company has potential to turn its business around and buying it.

I mean Tesla PE is like 1,666. SQ trades 155x earnings.

What are fundamentals lol.
I can't argue but it is just what the SEC does. I don't like it.

I mean hell last year they delisted a stock that traded all of 50 K shares over a month period, and as a result went up 50 cents or something (it was a very thinly traded stock).
It was a shell company but because they had a name similar to a covid company and because covid plays were all the rage then, they claimed that this company benefitted from that and as a result they delisted them to the grey sheets....which is basically death.

Again, it traded 50 k shares TOTAL during the time the SEC claims they were 'frauding'. And they put out no Prs, news, nothing.
Total rim job but you do not **** AROUND with the SEC, and now WSB is on the SECs radar.

That is not good.

Btw the stock I am talking about is PGEC. They had even been spending $50 K a year to keep their filings up to date even though they had no business.

Was at $2. Now at .01 and trades on the grey sheets, which basically means it is not trading at all.
post 1630040103 01-29-2021, 02:10 PM
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#11760
  1. LCBOLeo
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  1. LCBOLeo
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Originally Posted By trippped⏩
holding my 110 shares of BB through the weekend **** it
Yeah this is the way, fuk it.
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