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**Un-OFFICIAL** Trading and Investing Thread: Part XIII -- Robber Baron Edition
04-05-2021, 09:00 AM
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#6631
- SouthDakotaBrah
- SUPERNOVA
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- SouthDakotaBrah
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Originally Posted By dankydank⏩
Can you imagine if the US economy actually shifted away from the S&P 500 and into NFTs? Like Apple stops developing iPhones and Amazon stops work on cloud services, and all items on their website become NFTs. As if the behavior of the entire country shifted and people no longer demanded regular products but everybody just buys TikTok dances insteadYou mad in the future when you ask some Zoomer about his portfolio he’ll show you his collection of Rare Pepes, Tik Tok dances, and puzzy shot NFTs that are worth more than your Boomer VOO portfolio? You don’t need to understand or like the tech, just need to know you can make money of it.
I think NBA topshots is retarded but buying packs and selling is free money. If you bought FLOW crypto it just jumped 50% in one day.
I think NBA topshots is retarded but buying packs and selling is free money. If you bought FLOW crypto it just jumped 50% in one day.
Just fuking lol @ people thinking NFTs could possibly overtake production of regular goods/services fueled by our stock market
04-05-2021, 09:18 AM
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#6632
- QisGQ
- urban youth of peace
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- QisGQ
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This 3x SP500 bull stock SPXL has treated me well. All these warnings come with leveraged stocks but has worked out nicely for me. When the drops come they hurt more but the gains are more, so evens out. IT's up 44% compared to my normal index fund which is at +34%. Prefer these guys over me trying to pick individual stocks b/c so far when I've done that I'm at like a 50% failure rate.
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04-05-2021, 09:22 AM
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#6633
04-05-2021, 09:23 AM
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#6634
- dankydank
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- dankydank
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Originally Posted By xxAchillesxx⏩
If you’re asking the question it’s probably to late. The whole world is searching for the next Takung Art after what it did. There’s millions of articles on trying to find the next. Takung Art is popping of right now up 30% after the mass sell off from hitting 77. If you really want to invest in NFTs then the best bet is to actually just buy the crypto coin itself as they are still undervalued and looked down upon by most investors. Things like OMI, FLOW, RARI, OCEAN, and some other NFT lower cap coins like TREAT.No, I'm not mad. Nor do I think it's retarded to make money off of people willing to part with it for retarded reasons. Hence my initial question.
04-05-2021, 09:27 AM
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#6635
- RobParks2M
- mad hatter
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- RobParks2M
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What is the point of buying equities when its all about the 'ment tho
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-05-2021, 09:33 AM
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#6636
04-05-2021, 09:38 AM
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#6637
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By Venom08⏩
Did you forget Delta and Gamma?Okay wtf is going on with AMC calls. I bought my April 30th $16c at 8:54 while the stock was hovering around $10 at $0.49. It's currently $11 and it's $0.48!
Delta 0.25
Gamma 0.07
On those 16C 30th calls.
You should have got SPY and QQQ thats what I did. Just kicking my self for not buying more went very light. phuck
MSFT , GOOGLE , FB all at ath.
04-05-2021, 09:42 AM
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#6638
- Venom08
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- Venom08
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Originally Posted By Carbonfibre⏩
I didn't bother to check on that since I'm looking for a giant move. 10% barely moved them, but now they're at $0.55 so that's good I guess. Resistance now stands at $16 on AMC so that's my target. Lots of upside left.Did you forget Delta and Gamma?
Delta 0.25
Gamma 0.07
On those 16C 30th calls.
You should have got SPY and QQQ thats what I did. Just kicking my self for not buying more went very light. phuck
MSFT , GOOGLE , FB all at ath.
Delta 0.25
Gamma 0.07
On those 16C 30th calls.
You should have got SPY and QQQ thats what I did. Just kicking my self for not buying more went very light. phuck
MSFT , GOOGLE , FB all at ath.
04-05-2021, 09:50 AM
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#6639
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By Venom08⏩
Possible you got time, if GME squeezes you know AMC will get sympathy fomo.I didn't bother to check on that since I'm looking for a giant move. 10% barely moved them, but now they're at $0.55 so that's good I guess. Resistance now stands at $16 on AMC so that's my target. Lots of upside left.
I think GME is the one to watch over AMC. This week or next week something gonna happen.
SPY and QQQ look strong as hell right now (almost over extended )
04-05-2021, 10:09 AM
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#6640
- MediocreGains
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- MediocreGains
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I'm kicking myself for selling all my MSFT and AAPL calls last week. Meanwhile, my growth stocks are almost all red, lol.
04-05-2021, 10:14 AM
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#6641
- ListenHereBruh
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- ListenHereBruh
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i dont think gme will ever squeeze. its been what ike 3-4 months lol
04-05-2021, 10:15 AM
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#6642
- MinisterOfLust
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King Kong versus Godzilla has been good for AMC.
WONDER IF I SHOULD TAKE PROFITS
WONDER IF I SHOULD TAKE PROFITS
04-05-2021, 10:19 AM
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#6643
04-05-2021, 10:23 AM
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#6644
- smashedurgfx10
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Originally Posted By ListenHereBruh⏩
the only people who care about gme are bagholders. no sane person takes meme stocks seriouslyi dont think gme will ever squeeze. its been what ike 3-4 months lol
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04-05-2021, 10:27 AM
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#6645
04-05-2021, 10:30 AM
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#6646
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By MediocreGains⏩
MSFT is unreal all from that government contract.I'm kicking myself for selling all my MSFT and AAPL calls last week. Meanwhile, my growth stocks are almost all red, lol.
When you posted last week I thought this is now sell the news event.
However the carry over today wow.
Also FB to go this high meanwhile over weekend 500 million passwords from FB leaked strong as phuck.
04-05-2021, 10:31 AM
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#6647
- dankydank
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- dankydank
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MARA printing me money and carrying all my gains. Up 4K on the day. Thinking of just dumping my ARK ETFs. Thought it would go up with Tesla but it’s still red JFL. Every ETF I picked is down 10% or up 1% except VOO while my stock picks are all up around 10+%
04-05-2021, 10:33 AM
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#6648
- smashedurgfx10
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-glad a drew my support resistance lines on PLTR lol.
was considering a small position if it broke resistance at 24.50
-LOL at CPNG. I love this stock, but i really dont get these absurd oscillations.
there's only been good news recently. one day its up 4% the next day its down 6%. its a joke
i feel like its being heavily manipulated
but in the same way it could do the exact opposite overnight, where your stop loss is not going to save you. just not worth the risk imo.
when you have a stock which is pumped and dumped its literally gambling. and i dont buy lottery tickets or scratch cards
was considering a small position if it broke resistance at 24.50
-LOL at CPNG. I love this stock, but i really dont get these absurd oscillations.
there's only been good news recently. one day its up 4% the next day its down 6%. its a joke
i feel like its being heavily manipulated
Originally Posted By Venom08⏩
i do agree with you.Meh, it went from $4 to $500. There's money to be made.
but in the same way it could do the exact opposite overnight, where your stop loss is not going to save you. just not worth the risk imo.
when you have a stock which is pumped and dumped its literally gambling. and i dont buy lottery tickets or scratch cards
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04-05-2021, 10:45 AM
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#6649
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By topperstyle⏩
Yeah its like some bull signal for algos lmao.BRB dumping money into next company with data breach
That week when Boeing engines broke apart mid air it went up 5% and than continued to go up.
Its doing opposite what news says.
Good news = sell
Bad news = buy
04-05-2021, 10:48 AM
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#6650
- Duckliver
- Offal
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- Duckliver
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Originally Posted By smashedurgfx10⏩
I agreed with you when day trading it.-glad a drew my support resistance lines on PLTR lol.
was considering a small position if it broke resistance at 24.50
-LOL at CPNG. I love this stock, but i really dont get these absurd oscillations.
there's only been good news recently. one day its up 4% the next day its down 6%. its a joke
i feel like its being heavily manipulated
i do agree with you.
but in the same way it could do the exact opposite overnight, where your stop loss is not going to save you. just not worth the risk imo.
when you have a stock which is pumped and dumped its literally gambling. and i dont buy lottery tickets or scratch cards
was considering a small position if it broke resistance at 24.50
-LOL at CPNG. I love this stock, but i really dont get these absurd oscillations.
there's only been good news recently. one day its up 4% the next day its down 6%. its a joke
i feel like its being heavily manipulated
i do agree with you.
but in the same way it could do the exact opposite overnight, where your stop loss is not going to save you. just not worth the risk imo.
when you have a stock which is pumped and dumped its literally gambling. and i dont buy lottery tickets or scratch cards
But after my own investigating into the situation, the people who are trying to force the squeeze (Cohen, black rock, DFV), the new business model for the company and the people they are hiring, and my personal opinion on what the company will do with regards to the squeeze (the reason I won’t touch amc). I make my play based off the research I’ve done and the firm opinion I’ve formed.
Can still sell right now for a tiny tiny profit, but I’m gonna have faith in my opinion and wait it out to see what happens. Plus watching Melvin, citadel, and robinhoods shady fukking market manipulation and tactics trying to turn everyone into paper hands instead of accepting they ****ed up, kind of pisses me off. I want to see them get burned. The media refusing to acknowledge the reality of the situation and the biased reporting on it makes me even more committed.
04-05-2021, 10:53 AM
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#6651
- camaleom
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- camaleom
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Originally Posted By dankydank⏩
I just did this...MARA printing me money and carrying all my gains. Up 4K on the day. Thinking of just dumping my ARK ETFs. Thought it would go up with Tesla but it’s still red JFL. Every ETF I picked is down 10% or up 1% except VOO while my stock picks are all up around 10+%
like srly ARK underperforming is an understatement
"Paper money is going away" - EM
04-05-2021, 10:57 AM
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#6652
- RobParks2M
- mad hatter
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- RobParks2M
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Lol @ buying companies that are going to be selling their own shares every time there is a pop. GME upside stunted significantly as they will sell shares into any spike they see. Should be great news for long term holders though. Recapitalizing on people being silly is so lucky for them.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-05-2021, 11:03 AM
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#6653
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By RobParks2M⏩
"Can" sell doesn't mean they will. Media is already running that it will happen.Lol @ buying companies that are going to be selling their own shares every time there is a pop. GME upside stunted significantly as they will sell shares into any spike they see. Should be great news for long term holders though. Recapitalizing on people being silly is so lucky for them.
https://news.gamestop.com/news-relea...fering-program
They could have sold even more shares December 2020 but didn't. 6 million shares expired dec 2020.
https://www.sec.gov/Archives/edgar/d...pprom160986_12
04-05-2021, 11:05 AM
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#6654
- smashedurgfx10
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Originally Posted By Duckliver⏩
i agree i'd like to watch them burn as wellI agreed with you when day trading it.
But after my own investigating into the situation, the people who are trying to force the squeeze (Cohen, black rock, DFV), the new business model for the company and the people they are hiring, and my personal opinion on what the company will do with regards to the squeeze (the reason I won’t touch amc). I make my play based off the research I’ve done and the firm opinion I’ve formed.
Can still sell right now for a tiny tiny profit, but I’m gonna have faith in my opinion and wait it out to see what happens. Plus watching Melvin, citadel, and robinhoods shady fukking market manipulation and tactics trying to turn everyone into paper hands instead of accepting they ****ed up, kind of pisses me off. I want to see them get burned. The media refusing to acknowledge the reality of the situation and the biased reporting on it makes me even more committed.
But after my own investigating into the situation, the people who are trying to force the squeeze (Cohen, black rock, DFV), the new business model for the company and the people they are hiring, and my personal opinion on what the company will do with regards to the squeeze (the reason I won’t touch amc). I make my play based off the research I’ve done and the firm opinion I’ve formed.
Can still sell right now for a tiny tiny profit, but I’m gonna have faith in my opinion and wait it out to see what happens. Plus watching Melvin, citadel, and robinhoods shady fukking market manipulation and tactics trying to turn everyone into paper hands instead of accepting they ****ed up, kind of pisses me off. I want to see them get burned. The media refusing to acknowledge the reality of the situation and the biased reporting on it makes me even more committed.
but sadly that only works if everyone does what you're doing, and statistically thats probably not likely. all it takes is a few major players losing hope to start a downtrend then its mayhem
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04-05-2021, 11:15 AM
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#6655
- RobParks2M
- mad hatter
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- RobParks2M
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Da fuk is with oil? -6% day for no reason? Or things finally going back to normal cuz transport is fine, travel overstated, and plenty of supply?
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-05-2021, 11:35 AM
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#6656
- camaleom
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- camaleom
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Originally Posted By Carbonfibre⏩
"can""Can" sell doesn't mean they will. Media is already running that it will happen.
https://news.gamestop.com/news-relea...fering-program
They could have sold even more shares December 2020 but didn't. 6 million shares expired dec 2020.
https://www.sec.gov/Archives/edgar/d...pprom160986_12
https://news.gamestop.com/news-relea...fering-program
They could have sold even more shares December 2020 but didn't. 6 million shares expired dec 2020.
https://www.sec.gov/Archives/edgar/d...pprom160986_12
do you really think they are going to say NO to cash?
c'mon
"Paper money is going away" - EM
04-05-2021, 11:38 AM
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#6657
04-05-2021, 11:51 AM
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#6658
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By camaleom⏩
I agree with you."can"
do you really think they are going to say NO to cash?
c'mon
do you really think they are going to say NO to cash?
c'mon
They would be idiotic not to take advantage of it. They have business to run.
Risk for them seems fairly big considering so much retail is in it.
Would traders get back in if GME tanks to $40-50.
04-05-2021, 11:57 AM
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#6659
- Duckliver
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- Duckliver
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Originally Posted By Carbonfibre⏩
They want up to 1 billion though and that only happens with the 3.5 mil shares at 285.I agree with you.
They would be idiotic not to take advantage of it. They have business to run.
Risk for them seems fairly big considering so much retail is in it.
Would traders get back in if GME tanks to $40-50.
They would be idiotic not to take advantage of it. They have business to run.
Risk for them seems fairly big considering so much retail is in it.
Would traders get back in if GME tanks to $40-50.
It’s also a small part of the float compared to what amc diluted.
Pretty sure they want the squeeze and sell at the top like everyone else.
04-05-2021, 12:02 PM
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#6660
- RobParks2M
- mad hatter
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- RobParks2M
- mad hatter
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Originally Posted By Duckliver⏩
I doubt it. They'll keep their shares flat- they probably won't let their shares go much past $200 again, but I could be wrong.They want up to 1 billion thought and that only happens with the 3.5 mil shares at 285.
It’s also a small part of the float compared to what amc diluted.
Pretty sure they want the squeeze and sell at the top like everyone else.
It’s also a small part of the float compared to what amc diluted.
Pretty sure they want the squeeze and sell at the top like everyone else.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
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