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Stock Thread (13 Viewers)

cosjobs said:
14,000+ share sell wall just set up at $292.50!

Doing their damndest to make sure we don’t get to $300 today
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This will be interesting to see with 30 minutes to market close. I sense the whales have come to play and I would not be surprised to learn they were behind yesterday's drop to trigger SSR. The borrowed shares is telling: https://gme.crazyawesomecompany.com/

Basically, ammo is available and the cornered animals are not taking it. It's like a loan shark offering you a super good deal...The inevitable draws closer.

 
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Wild Young Billy said:
For those of you that qualify for EIP (stimulus payments) the first wave of payments goes out later today/this evening. Since everyone here makes boatloads, I doubt this matters to you. 
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I am the poor one of the group, so we get the fully monty here at our house.

Might put it directly in the market.

 
I think FNKO is in play today. They make those Funko Pop collectibles and also own LoungeFly purses among other things.

I already had a decent size stake in this stock, but averaged up just now for the following reasons:

1. I think they could easily create a TopShot NFT type of situation with digital versions of their popular POPs.

2. GameStop has always been a big handler of these and GameStop's investor relations page was updated to include the selling of the normal pops.

3. Their price / volume movement makes it look like they are in play as an acquisition target.

4. This company has less than 54 million shares outstanding.

 
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David Dodds said:
I think FNKO is in play today. They make those Funko Pop collectibles and also own LoungeFly purses among other things.

I already had a decent size stake in this stock, but averaged up just now for the following reasons:

1. I think they could easily create a TopShot NFT type of situation with digital versions of their popular POPs.

2. GameStop has always been a big handler of these and GameStop's investor relations page was updated to include the selling of the normal pops.

3. Their price / volume movement makes it look like they are in play as an acquisition target.

4. This company has less than 54 million shares outstanding.
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In for a bit at 16.49

 
cosjobs said:
so what's the upside/exit plan?
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I am not doing a thing until 3/22 or 3/23. The death blow options hit on 3/19. The Earnings call is on 3/23. I likely start unwinding after that. I have no idea what price to sell any of this at, but will evaluate based on daily volume, etc. 

 
glvsav37 said:
watching FNKO, hope it drops a little bit before buying. They hit their 52-wk high today and its tough to buy at the top
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I hear you there. I do think this NFT space is crazy and although they are not currently in this space it sure seems like they could be sometime soon. This is one I will look to buy the dips going forward. I think this stock has 10X potential if they did the digital collectibles.

 
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David Dodds said:
I think FNKO is in play today. They make those Funko Pop collectibles and also own LoungeFly purses among other things.

I already had a decent size stake in this stock, but averaged up just now for the following reasons:

1. I think they could easily create a TopShot NFT type of situation with digital versions of their popular POPs.

2. GameStop has always been a big handler of these and GameStop's investor relations page was updated to include the selling of the normal pops.

3. Their price / volume movement makes it look like they are in play as an acquisition target.

4. This company has less than 54 million shares outstanding.
Click to expand...
As a "normal" stock play, or something like GME with the constant day-trading?

 
Started a position in UUUU today at 5.80. Should've done this earlier, but oh well. Might toss some of my upcoming stimulus money in there as well.

 
Leeroy Jenkins said:
As a "normal" stock play, or something like GME with the constant day-trading?
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I am holding longish term. I see 10X potential if they create a TopShots type of product for digital collectibles. They have the contracts in place (and the graphics for the thousands of figures they have created). I think they could easily have rares (metallics, etc) and sell packs by the droves. This would attract Disney collectors, Marvel collectors, etc. I have zero knowledge that this is in the works, but with other NFTs exploding, I sense they will either do or partner with someone to do. It is such a small market cap right now, I plan to just hang out with some shares for a bit.

 
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These efforts are facing so much resistance right now. They threw the kitchen sink for 5 minutes and moved the price just $3. The good guys have not even tried to battle yet. This is retail holding the line. They are screwed. 

 
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Are there any other NFT stock/ETF plays to consider?  This stuff is getting insane and I want to add more to my Roth.  

 
The battle is at $280.  I didnt see the option chain for $280 but maybe thats the ceiling for the road to $300

 
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