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**OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
01-29-2021, 03:45 PM
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#11791
- Mountaineer92
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- Mountaineer92
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fk RH
DIE DIE DIE
DIE DIE DIE
PUREBLOOD CREW
Top G Crew
#1 Misc Tate supporter.
If you are reading this - go do 100 push ups.
01-29-2021, 03:47 PM
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#11792
- Heaney
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- Heaney
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Originally Posted By Mountaineer92⏩
The business decision to screw over all of their users right before they were about to IPO is pretty lolzy. Strong management.fk RH
DIE DIE DIE
DIE DIE DIE
01-29-2021, 03:49 PM
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#11793
- OptimistPrime11
- Banned
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- OptimistPrime11
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Originally Posted By _zman⏩
Knock yourself out. Use RH all you want. Don't use it. I don't care.You sure are arrogant to assume I'm using RH, but it's inline with the rest of your posts.
The fact is you posted....
Sure they're fine. Robinhood selling user data to hedge funds isn't market manipulation at all. But users online joining together to coordinate trades the same way hedge funds do is market manipulation. Got it...
And you have no idea what you are talking about.
01-29-2021, 03:49 PM
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#11794
- Lb54TG
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- Lb54TG
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Originally Posted By Heaney⏩
Fuk VladThe business decision to screw over all of their users right before they were about to IPO is pretty lolzy. Strong management.
Asian Crew. Always Rep Back Crew. Positivity Crew.
/\^/\^ Misc Colorado Crew ^/\^/\
01-29-2021, 03:50 PM
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#11795
- OptimistPrime11
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- OptimistPrime11
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Originally Posted By Heaney⏩
This is the way. And with otc penny stocks it is even better because the 'story' of each company sells much better than the Nasdaq or NYSE stocks.I've come to realize that this is the way. I choose something that I have conviction in and scale in on dips and live a pretty stress free investing life.
01-29-2021, 03:52 PM
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#11796
01-29-2021, 03:52 PM
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#11797
- OptimistPrime11
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- OptimistPrime11
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Originally Posted By Lb54TG⏩
There isn't much difference. I agree. And normally the SEC will leave those alone.Whats different from a message board, than someone like Graham -Something- on youtube saying these are my stock pics and I expect it to have huge upside potential in the next 3 months. He has 3m subs.
Or Stock Moe shilling NIO and TSLA to his 300k Subs
genuinely curious, because likely his subs and followers will buy, but they have the option not to, just like people viewing on WSB
in a way it similar to hedge funds coordinating an attack on a stock right? only it takes a million people to have enough funds to go up against a hedge fun
Or Stock Moe shilling NIO and TSLA to his 300k Subs
genuinely curious, because likely his subs and followers will buy, but they have the option not to, just like people viewing on WSB
in a way it similar to hedge funds coordinating an attack on a stock right? only it takes a million people to have enough funds to go up against a hedge fun
However when a company or sector like GME or covid stocks last year get attention for massive rises?
Then the SEC cracks down. They are a scam just like the entire stock market and the world in general.
You just need to learn how to play it.
01-29-2021, 03:53 PM
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#11798
- OptimistPrime11
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- OptimistPrime11
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Originally Posted By Heaney⏩
I can buy 500 K shares of GME on Etrade right now if I want to.Is it just robinhood limiting buys and sales? I don't have access to any of the brokers you all use so I'm in the dark on this one.
01-29-2021, 03:59 PM
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#11799
- iifymbro
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- iifymbro
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Originally Posted By TugOfPeace⏩
I picked up puts yesterday afternoon near the top (das it) for this reason. May 21st expiration, $300 strike price for spy (ETF for the S&P index). Got 10 of them which cost around $4500.SPY currently trading at $372, so I would need $37,200 for one contract..
So hypothetically if I were to "buy to open" with a 2/26 expiration, $372 strike, at a cost of $10.25 ($1025 premium total), you're telling me that if SPY were to crash to say, $200, I could exercise my contract at that point to sell SPY at $372, and make $172 profit/share?
I am struggling with how puts work, I understand calls well, not puts
So hypothetically if I were to "buy to open" with a 2/26 expiration, $372 strike, at a cost of $10.25 ($1025 premium total), you're telling me that if SPY were to crash to say, $200, I could exercise my contract at that point to sell SPY at $372, and make $172 profit/share?
I am struggling with how puts work, I understand calls well, not puts
They're up around $1800 at the moment but their real value will come if the market tanks hard to $350 or lower, will be a solid 5 figure gain which will help offset losses in my portfolio of shares, plus then I have that cash from selling the puts to invest in more shares if I want (or degen yolo it into LEAPS (long dated calls) which is what I'd do lol)
Originally Posted By OptimistPrime11⏩
etrade crew checking inI can buy 500 K shares of GME on Etrade right now if I want to.
**MFC**
**Barbara Palvin is my 10/10 crew**
01-29-2021, 04:03 PM
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#11800
01-29-2021, 04:05 PM
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#11801
- topperstyle
- 720 Crew
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- topperstyle
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Originally Posted By dmaaack⏩
Fine with meI think the GME saga will end with it crashing the entire market. The energy around this is too wild.
01-29-2021, 04:05 PM
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#11802
01-29-2021, 04:18 PM
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#11803
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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Originally Posted By Heaney⏩
Been wondering why its taking so much time tbhIf Lucid gets confirmed it will likely more than double, I say this unbiased even though I do hold alot here. The problem right now is that Lucid may not confirm and you lose 50%.
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-29-2021, 04:20 PM
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#11804
- Heaney
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- Heaney
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Originally Posted By TugOfPeace⏩
Not really taking that long compared to the average. NGA for example was 30 days after bloomberg article, Faraday was 19 days, Plus AI was around a month too.Been wondering why its taking so much time tbh
Pretty sure when I was in GRAF it was 2 or 3 weeks even .
01-29-2021, 04:37 PM
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#11805
- Galindo62
- neck of peace
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- Galindo62
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Originally Posted By Exiled93⏩
That's pretty bad bro. Considering it was over 20 very easily.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 $50 which is what people seem to be betting on.
I got 40$ cc for 300 premiums. 10x better.
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.
01-29-2021, 04:41 PM
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#11806
- OptimistPrime11
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- OptimistPrime11
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Originally Posted By Belome⏩
I have seen 1000000s of now broke people saying those exact same words.I’m holding
No ****s given.
Jet packs or bust
No ****s given.
Jet packs or bust
Never ever ever ever never ever ever fall in love with a stock.
Protect your most precious resource...your cash, at all costs.
01-29-2021, 04:44 PM
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#11807
- LCBOLeo
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- LCBOLeo
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Originally Posted By Heaney⏩
Can I be completely honest? I think you're starting to lose your way and are chasing WAY too much chasing WSB gain porn. Looking back at your trading Id say that your best moves have been when you've had conviction in a stock and stuck with it (JKS even though you timed your trades a little poorly and Palantir). Just my 0.02, tell me to fuk off if I'm out of line (completely srs).
Originally Posted By Heaney⏩
You're 100% right brah. I got lucky with a couple risky call option plays and just dump those profits into other risky chit. End up in a cycle of hitting it big then losing most of it then repeat. Luckily I still have a large amount of my recent gains, gonna take a step back and analyze the situation before making another purchase next time. This is indeed the way.I've come to realize that this is the way. I choose something that I have conviction in and scale in on dips and live a pretty stress free investing life.
Gotta spread some rep before giving it again for u.
01-29-2021, 04:45 PM
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#11808
- jademaster
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- jademaster
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Originally Posted By OptimistPrime11⏩
You can afford to buy $156,500,000 dollars (500 K shares x $313) worth of GME right now? When you wrote earlier todaythat your net worth is "Anywhere between $10 and $50 M"?I can buy 500 K shares of GME on Etrade right now if I want to.
This may be your most blatant frauding yet.
01-29-2021, 04:56 PM
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#11809
- usersignup2
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- usersignup2
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Originally Posted By TugOfPeace⏩
Just my opinion but I think Lucid would be better off with Chamath. Hes a big Tesla fan and is well spoken. Hes a bit of a maverick in his approach.Been wondering why its taking so much time tbh
IPOL anyone?
01-29-2021, 05:01 PM
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#11810
- Heaney
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- Heaney
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Originally Posted By usersignup2⏩
What does his personality have to do with anything? They need cash and CCIV can give them the most of that. Chamath tweeting incessantly to his thousands of robinhood user followers isnt going to help them sell a $170K car.Just my opinion but I think Lucid would be better off with Chamath. Hes a big Tesla fan and is well spoken. Hes a bit of a maverick in his approach.
IPOL anyone?
IPOL anyone?
CCIV was almost exclusively created to take Lucid public, look at everyone involved in the team, its full of people with ties to the Saudis, the auto industry and then Jony Ive who might be one of the best designers in the world.
01-29-2021, 05:02 PM
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#11811
- ReyDelMundo
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- ReyDelMundo
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Originally Posted By jademaster⏩
Surely you're trolling, but... the point is that E*Trde fukks and those of us that use it are just lol'ing at everyone else using these shady and crappy brokers.You can afford to buy $156,500,000 dollars (500 K shares x $313) worth of GME right now? When you wrote earlier todaythat your net worth is "Anywhere between $10 and $50 M"?
This may be your most blatant frauding yet.
This may be your most blatant frauding yet.
01-29-2021, 05:07 PM
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#11812
- ~Hades~
- True Patriot Crew
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- ~Hades~
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Originally Posted By jademaster⏩
that wasnt his pointYou can afford to buy $156,500,000 dollars (500 K shares x $313) worth of GME right now? When you wrote earlier todaythat your net worth is "Anywhere between $10 and $50 M"?
This may be your most blatant frauding yet.
This may be your most blatant frauding yet.
Royal Crew
Chiefs Crew
Festivus Cew
01-29-2021, 05:09 PM
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#11813
- OptimistPrime11
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- OptimistPrime11
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Originally Posted By jademaster⏩
Believe what you want.You can afford to buy $156,500,000 dollars (500 K shares x $313) worth of GME right now? When you wrote earlier todaythat your net worth is "Anywhere between $10 and $50 M"?
This may be your most blatant frauding yet.
This may be your most blatant frauding yet.
500 K $ Worth of shares. I have an order AH for 1666 shares at $300 that has yet to be filled.
And if it was filled I would never hold overnight.
01-29-2021, 05:21 PM
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#11814
- Jyeatbvg
- Original Baller
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- Jyeatbvg
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Sup brahs, is this the main GME thread on the misc? Was expecting more activity - this forum used to have so much activity when I frequented more back in the day.
edit: chit nvm found ithttps://forum.obnoxiousbrutes.com/showt...660593&page=46
edit: chit nvm found ithttps://forum.obnoxiousbrutes.com/showt...660593&page=46
Leafs, Raptors, Jays, umad?
01-29-2021, 05:26 PM
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#11815
- ReyDelMundo
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- ReyDelMundo
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Originally Posted By OptimistPrime11⏩
Sold, srs. Any news on their rabies vaccine?Bio tech stock with great management. All worked for multi billion dollar bio techs.
Received a license for their brain cancer drug from the Nat Inst of Health. That is potentially worth billions.
Undergoing name/symbol change.
Getting financing for up to $100 M.
M & As coming.
Collabs coming.
Buyout potential.
And much more.
Received a license for their brain cancer drug from the Nat Inst of Health. That is potentially worth billions.
Undergoing name/symbol change.
Getting financing for up to $100 M.
M & As coming.
Collabs coming.
Buyout potential.
And much more.
And btw, you are the only one that I've seen accurately describe what occurred with Robinhood. Additionally, the open interest created a very dangerous situation where if certain markers got hit, there was the potential that RH would not have been able to deliver 100% of the shares depending on how many would have potentially been exercised had no brakes been put on.
It's not as sexy of a story as some big hedgefund robinhood scandal, but it's accurate. The sexier story with RH, Melvin, Citadel, etc., however is a good lesson to new investors that your friend is not necessarily your friend in these markets.
01-29-2021, 05:32 PM
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#11816
"There's a short squeeze going on in silver. The 'hoodies' are all rolling into silver, and the party is on," Phil Streible, chief market strategist at Blue Line Futures, told Bloomberg. "All those other stocks like GameStop and AMC, they're dumping because they've been restricted, and they gotta go into other short opportunities, and silver is an easily identifiable target."
fking lol how pathetic they've become. nobody is dumping gamestop and AMC, everyone is buying. There's very few threads about silver and related stocks. I'm not in GME but if they're resorting to these sorts of media manipulation tactics, they really don't have a leg to stand on.
fking lol how pathetic they've become. nobody is dumping gamestop and AMC, everyone is buying. There's very few threads about silver and related stocks. I'm not in GME but if they're resorting to these sorts of media manipulation tactics, they really don't have a leg to stand on.
01-29-2021, 05:44 PM
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#11817
- cullenmichael34
- Registered User
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- cullenmichael34
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I'm about to put everyone on mute but Optimist so that I can index his targets easier lmao. Really need to better wrap my head around things outside of the normal trading lanes i.e. SPACs, pennies and such
01-29-2021, 05:57 PM
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#11818
01-29-2021, 06:06 PM
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#11819
How common is the use of margin among the average investor and is it generally a bad idea? I’ve already formed my own opinion which is to not use it, I just feel it’s kind of ridiculous I’m offered 4x buying power when I’m a relatively new investor, only been doing this a year. Must be commonly used if it is so flippantly offered
01-29-2021, 06:06 PM
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#11820
- BroncManiac
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- BroncManiac
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Dipped into this WSB/AMC craze on Thursday. Was up double and decided to hold. Next day had the trading halts and AMC plummeted below my entry. It’s a gut wrenching feeling to see your profits plummet and not be able to do anything about it. Quite stressful too. Sold for a little profit and got out. Not trying to deal with the BS. Got greedy and almost got burned. Will stick to safer moves that got me 60% gains this month. Slow and steady for me.
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