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Stock Thread (17 Viewers)
- Thread starter St. Louis Bob
- Start date
KGB
Footballguy
I've been following WSB a Long time. NOK doesnt look right to me. (Bots?) AMC was totally musk. not sure why no one is talking about that.
I have no faith in NOK but I'm in for now
AMC is definitely the "next"
KGB
Footballguy
KGB
Footballguy
Sorry, I cannot confirm this. But I read a ton of hits while I was working talking about it. I may be wrong or scammed. Supposedly it was on discord.
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ShamrockPride
Footballguy
GME $460 pre-market at time of posting this.
tonysmiles
Footballguy
KOSS $115 unreal never had a security in my portfolio go from 10 to over 100 in 2 trading days. Unreal I sold 2/3 of my position at 50 and let the rest ride. Did not want to be greedy.
cosjobs
Footballguy
tonysmiles
Footballguy
Not at the casino. When I have clay in the front of money it is not money until it gets to the window and have no issues shoving all in. More reserved when it comes to securities.
David Dodds
Administrator
fix is in.
AMC Entertainment Holdings Inc. said Thursday a group of investors including units of private-equity firm Silver Lake have opted to convert all $600 million of the cinema chain's 2.95% convertible senior notes due 2026 into Class A common shares, at a conversion price of $13.51 a share. The stock closed Wednesday at $19.90, after being swept up in the[l: short squeeze in shares of videogame retailer GameStop Inc. , which has skyrocketed more than 1,600% in the past two-plus weeks amid support from investors on Reddit's WallStreetBets message board. AMC said the conversion will result in the issuance of 44.4 million new shares. The conversion will reduce the company's debt by $600 million. AMC shares rose 4.4% premarket and have gained a stunning 839% in the year to date, despite the many challenges facing the world's biggest cinema operator caused by the coronavirus pandemic. The S&P 500 has fallen 0.4% in the year to date.
AMC Entertainment Holdings Inc. said Thursday a group of investors including units of private-equity firm Silver Lake have opted to convert all $600 million of the cinema chain's 2.95% convertible senior notes due 2026 into Class A common shares, at a conversion price of $13.51 a share. The stock closed Wednesday at $19.90, after being swept up in the[l: short squeeze in shares of videogame retailer GameStop Inc. , which has skyrocketed more than 1,600% in the past two-plus weeks amid support from investors on Reddit's WallStreetBets message board. AMC said the conversion will result in the issuance of 44.4 million new shares. The conversion will reduce the company's debt by $600 million. AMC shares rose 4.4% premarket and have gained a stunning 839% in the year to date, despite the many challenges facing the world's biggest cinema operator caused by the coronavirus pandemic. The S&P 500 has fallen 0.4% in the year to date.
tonysmiles
Footballguy
American Airlines great earnings and heavy short interest.
beef
Footballguy
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McBokonon
Footballguy
TOOOIE:!”CowboyFan4822
Footballguy
NOK and AMC no longer supported on RH and not alllowed to open new positions GME.
Todem
Footballguy
Pipes
Footballguy
hagmania
Footballguy
Capella
Footballguy
Steeler
Footballguy
You mean the platforms no longer allow them to be bought, or that they are no longer supported by the people who use robinhood.
culdeus
Footballguy
schwab was messing with these yesterday. I don't think RH wants to be stuck with facing 100000 fiduciary complaints against them from every reddit user with $100 worth of skin in this when the crash happens.
The Big Donkey
Footballguy
CowboyFan4822
Footballguy
It says no longer supported on mine because I don’t own any but have pending buy orders I think. Others I’m reading can’t see any of the stocks doing a search on RH for them.
Capella
Footballguy
![[icon]](/data/avatars/m/5/5167.jpg?1660313464){kind=avatar}
David Dodds
Administrator
This is going to backfire for them. Angry internet is going to get angrier.
Todem
Footballguy
Can easily happen. And the odds are it will at some point. Timing these things though is very tricky. Someone asked me if I ever go more than 25-30% cash.
Yes in May 2008 I went to 50% cash. I went all in with it in Late February 2009. Was a little early....but still killed it.
Right now....GME and AMC and all that high frequency coordinated “stick it to the man” stuff going on (and I have no problems with it at all but know someone is going to be left holding the bag on all this horse **** and don’t let that be you) is all fine and well and people are making money. Great.
The amount of noise and frothiness in this market. The amount of cavalier recklessness and “I am an expert” screams of a correction. "Irrational Exuberance”. If you fail to see that you are part of it. Simply giving sound advice here.
I am not a day trader, I am not a guy who is giving you hot stock picks daily and getting in and out by the minute. I invest for the long term.
This is a classic top. And it is about to blow at some point. The margins will be hammered and the indiscriminate selling will happen and all the great high quality will unravel as well along with all the crap that has run up. And that is when I will come back here....give you a list like I did back in March.
Right now.....taxable account (My IRA’s and 401k always stay invested as I do not time with those accounts....I do not ned that money for another 15 years) is sitting at 30%. I am comfortable with that percentage. I do not feel like we are going into a long bear market. I feel like we will have a sharp correction at some point this year (15-20%) and it will present another great buying opportunity into the master list.
It has been fun to watch this though. I hate hedge funds and I hate short sellers. They are like the guys who stand at the craps table and bet the no pass line.
Bad Karma.
I like seeing them suffer here.
Just be careful for those partaking into this extraordinary event we are seeing.
For the record and I can’t post here all the time.....I took a position in a little company names Tootsie Roll 2 weeks ago (I did not advertise it) and we sold yesterday when it was up 38% in the morning. So I had some fun with that one.
The tragic thing that will happen is at some point Gamestop will be bankrupt and gone. It is almost a certainty. What is going on with the stock is unsustainable. So make your money and get out. Do not be the bag holder. And please be extremely cautious with other so called “let’s crush the shorts’ positions. Use money you are willing to lose 100% of. Do not put your life savings into these vehicles. Could you get very rich very fast? Yeah....good luck knowing when to sell. Good luck knowing when to get off the drug. It is extremely dangerous.
Make some money folks. I am all for it. But understand this is pure gambling. And the rules get changed on the fly, by the minute, by the second sometimes.
Still love AMT, MDU, EBS at these levels for the long term. AAPL had an amazing quarter.....just amazing. And it is down pre-market.....LMFAO. Yeah......the top is going to blow sooner than later.
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Capella
Footballguy
Why would robinhood give a competitor business like this? We are living in crazy town.
Desert_Power
Footballguy
AAL the latest one.
I'm probably doing this wrong.
I have my TSP (roth and traditional). Been doing 9% for past 18 years.
I then have roth IRAs for myself and wife that I max every year for past 6 years. These are invested in index funds.
Brokerage account is $250k.
