Stock Thread (15 Viewers)

[Sand]

WSB learned that Citadel is a major holder of SLV and now there’s some opposition to squeezing it: https://t.co/ZwnZXLG7Zh

Squeezing a market as big as silver is a mistake.  

 

[TripItUp]

CNN excels at character assasination.

Gotta love the homophobic touch...no shame at all by the author

 

[shades]

wow Silver futures up to 28.54 already. May have missed the boat unless its going into new highs since at least 2019

I'm sitting on some 10oz bars, how do I cash in?

 

[2Squirrels1Nut]

I'm sitting on some 10oz bars, how do I cash in?

Drive around and look for one of the thousands of people spinning "we buy gold and silver" signs. 

 

[cosjobs]

Squeezing a market as big as silver is a mistake.  

The Hunt brothers say hey

 

[Capella]

Ready for Dat Big SFIO Energy tomorrow 

Lmao. Is there Reddit/Twitter hype for this?

 

[cosjobs]

I'm sitting on some 10oz bars, how do I cash in?

That's the downside of selling physical metals. A shop will almost positively lowball you while in the midst of jacking up their retail. Once it settles in to a price you can probably sell to a local shop for 5% under spot. But during big fluctuations you usually get hosed. You might try and do it on CL or whatever, but the only way I'd do that transaction with a stranger is in a bank lobby. But they are all closed, I think. I'll pay you spot if you ship them to me.

 

[The Z Machine]

Sorry, I'll always be against financial transaction taxes like this. It would have large negative impacts on the ~80 million of Americans saving for retirement using employer plans or pensions. We can agree to disagree on this one.

So how do we move the power to the 80 million and away from the big 10k that are generating the most gains?

 

[fruity pebbles]

Can get some decent deals on silver at or near spot on eBay if it’s being held back everywhere else. There were just a bunch of pre 64 silver quarter 40 rolls on there for $206 each with free shipping. Spot is around $204.

 

[tonysmiles]

Bern's dinner for two set me back $400 last time I was there (with private dessert booth and good wine).

TD Ameritrade could not find that symbol.

Berns always kills me for 4 bills wine for the wife old fashion's for me and then the dessert room.  

Are you guys in Tampa proper or the burbs.  New Tampa or WC whatever you want to call it here

 

[Capella]

Berns always kills me for 4 bills wine for the wife old fashion's for me and then the dessert room.  

Are you guys in Tampa proper or the burbs.  New Tampa or WC whatever you want to call it here

I’m across the bay 

 

[Capella]

Bern's dinner for two set me back $400 last time I was there (with private dessert booth and good wine).

Worth every penny imo 

 

[tonysmiles]

Worth every penny imo 

never had a bad meal at berns 

 

[Desert_Power]

So how do we move the power to the 80 million and away from the big 10k that are generating the most gains?

Biggest thing that matters to those investors are the fees charged since most funds will track a broad index. Fees have been pretty relentless driven lower over the last decade or so for a variety of reasons. If you tax the transactions institutions use to administer those funds, it's pretty obvious that would reverse.

I don't think random hedge funds shorting small cap stocks (or message board people pumping them) really impacts them.

 

[Desert_Power]

Berns always kills me for 4 bills wine for the wife old fashion's for me and then the dessert room.  

Are you guys in Tampa proper or the burbs.  New Tampa or WC whatever you want to call it here

Dessert room?

 

[BigJohn]

I'm putting the o/u of FBG's @ 4.5 

 

[Judge Smails]

Like I said, our space (healthcare) is beyond frothy. Throw a couple companies together including one with $41M in seed rounds and the SPAC goes for a $4B valuation

https://histalk2.com/2021/01/31/monday-morning-update-2-1-21/

 

[Capella]

never had a bad meal at berns 

I haven’t either. Might be the first restaurant I go back to after our vax. 

 

[Capella]

Dessert room?

Each booth made from an old wine cask. Everytime home made. Amazing. 
 

https://bernssteakhouse.com/harry-waugh-dessert-room/

 

[GROOT]

If WSB can move GME like that, they can move SLV a lot more from where it currently is at.

Not even close. Silver is huge volume.

 

[Swaymoney]

What are we buying tomorrow crew?

 

[cosjobs]

Dessert room?

Its got a bunch of sand and cacti.

 

[Desert_Power]

Each booth made from an old wine cask. Everytime home made. Amazing. 
 

https://bernssteakhouse.com/harry-waugh-dessert-room/

Nice. Have always heard good things about Bern's but didn't know that. I miss steakhouses, but not how much I spend at them.

 

[2Squirrels1Nut]

Each booth made from an old wine cask. Everytime home made. Amazing. 
 

https://bernssteakhouse.com/harry-waugh-dessert-room/

How are their mozzarella sticks? 

 

[KGB]

AGQ might be a good play here. It is a 3x  silver bear. I made a bunch on it earlier this year, but lost it all and then some. I guess my hands were too diamondy on that one.

Over the last year, SLV is within a buck or two of yearly highs, while AGQ is off 20. But man is it volatile and risky.

@General Malaise do you have thoughts on this?

Actually, changed my mind

 

[Desert_Power]

What are we buying tomorrow crew?

TCHB should have a good day tomorrow with their Microvast merger finally announced. I probably won't join in as it's already over 15

 

[cosjobs]

Placing A small bet on AGQ for the open.

3rd highest stock on WSB

https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment

3rd highest is SLV. AGQ is an Ultra bull play. Be careful, it can drop 20% before you get back from the bathroom.

 

[KGB]

3rd highest is SLV. AGQ is an Ultra bear play. Be careful, it can drop 20% before you get back from the bathroom.

Thanks, I actually, just edited that I'm going to stay out of the Silver thing.

 

[beef]

I'm putting the o/u of FBG's @ 4.5 

cornhole in Hayward WI!

 

[beef]

Each booth made from an old wine cask. Everytime home made. Amazing. 
 

https://bernssteakhouse.com/harry-waugh-dessert-room/

I'd fit like Rick Vaughn in this place.  

 

[Capella]

How are their mozzarella sticks? 

You wouldn’t believe how good their Buffalo chicken dip is 

 

[CGRdrJoe]

cornhole in Hayward WI!

Might as well hit up Phipps.

how does my notebook not know who beef is I mean I know your posts but Hayward!

 

[FreeBaGeL]

Futures are green.  Wow.

 

[cosjobs]

Futures are green.  Wow.

That didn't take long. 

 

[cosjobs]

Same for all the Asian and European indices.

What happened?

 

[cosjobs]

Bargain shopping already after last week's 5% drop?

 

[[icon]]

Have Hedge Funds manufactured fake shares in an effort to crash $GME?  
 

Analysis may indicate public investors actually own over 100% of GameStop... which would indicate massive securities fraud by hedge funds 

https://www.reddit.com/r/wallstreetbets/comments/l9rk78/sec_doj_60_minutes_public_data_suggests_massive/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

 

[Capella]

Same for all the Asian and European indices.

What happened?

Stonks go up 

 

[2Squirrels1Nut]

Bargain shopping already after last week's 5% drop?

Stocks are going up like 1600% in a couple of days.  Buy anything and everything. 

 

[2Squirrels1Nut]

Stonks go up 

 

[Ridgeback]

Have Hedge Funds manufactured fake shares in an effort to crash $GME?  
 

Analysis may indicate public investors actually own over 100% of GameStop... which would indicate massive securities fraud by hedge funds 

https://www.reddit.com/r/wallstreetbets/comments/l9rk78/sec_doj_60_minutes_public_data_suggests_massive/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Hedge funds acting criminal? Color me surprised. 

 

[Sand]

Same for all the Asian and European indices.

What happened?

Secular bull market rolls on.

 

[Ridgeback]

Anyone in here looked into Sangamo Therapeutics, SGMO? They are partnered with quite a few big boys in the industry, and have been very well written up. Seems they have a lot of runway in the stock price. Only one phase 3 with Pfizer so far, but lots of potential.

 

[FreeBaGeL]

WSB learned that Citadel is a major holder of SLV and now there’s some opposition to squeezing it: https://t.co/ZwnZXLG7Zh

WSB seems to have nothing to do with SLV. Twitter pump by citadel disguised as one of the people. 

 

[General Malaise]

3rd highest is SLV. AGQ is an Ultra bear play. Be careful, it can drop 20% before you get back from the bathroom.

I'm confused by your usage of the word "bear" here.  If silver prices advance, AGQ should rip.  It's a levered play to higher prices in the commodity.  A bearish ETF would do the opposite.

 

[General Malaise]

I laughed at @urbanhackyesterdyeswhen he said silver was next and yet here I am with open orders to buy AGQ.  Jeez, I try to take ONE day off from this crap..... 

 

[hooter311]

@hooter311

Review our options for BTC trading again, please. I'm just buying stock in GBTC, since its easiest and I don't lose everything when (not if) I lose my passcodes. I was considering CoinBase and that one Chamat? told all the RH users to go to.

Exchanges like coinbase and kraken give you the most control because you have an actual wallet address and physical control of the coins.

If that's not a big deal to you or you are worried about losing the keys to the account.  Cash app, paypal, and Robinhood all offer direct access, they just hold it for you.

Im wavering on GBTC.  Currently it is the best direct asset backed stock for IRA exposure, but obtc is about to undercut it's annual fees by 75%.  I've also read recent articles speculating that the launch of an etf would eventually turn the current premium into a discount which seems hard to fanthom.

I like both $MARA and $MSTR as alternatives to gbtc, especially in the short term.

Mara is a btc mining company currently holding at least 120 million in btc reserves as well as the planned production of 55-60 coins daily by this summer.  Microstrategy because they are the largest private btc on the planet that can actually utilize their btc in the future.  It's potential in defi markets is unfanthomable.

Personally, I'm only holding a handful of actual coins these days.  95% of my investment is in gbtc/mara/mstr/DMGGF/HVBTF

 

[hooter311]

Rumor is they will buy eToro. @hooter311, any thoughts on that? They provide Financial services, Investing online, Social investment, Bitcoin exchange

No opinion.  But I'm intrigued!

 

[McBokonon]

Sold off my $NNOX this morning (I think @Nick Vermeil might be in this with me) - FDA is asking for more info again. Still more than a double again. I’ll still keep an eye on them but this is the second time the FDA has asked for more.

 

[Leeroy Jenkins]

Are there SEC regulations that prevent any of these hedgefunds from negotiating a workout regarding the shares that they owe  on their short positions?  Can they not just say to whatever firm they “borrowed” the shares from, that they will pay them $X, which is something less than the extortion market manipulation price all the Redditors are holding out for?  Then the price would plummet — is that illegal?