Stock Thread (24 Viewers)

[Capella]

I see that, but I'm confused about the ability to trade (or buy it) or not. I thought I saw something about friday was the last day it could be traded? 

I don’t know. I was able to buy it through Schwab but others have said what they use won’t allow it. 

 

[stbugs]

They also have new agreements with MSFT (and supposedly Sony), where they get a % of digital sales made on consoles they sell. That has to help. 

We discussed that a while ago and there is nothing online about a Sony agreement other than speculation that they already had one in place based on some 2019 earnings calls and let’s be honest the purchase process and GameStop 2020 revenue is a wee bit different than 2019.

This is a decent article on the Microsoft deal:
https://arstechnica.com/gaming/2020/10/microsoft-will-give-gamestop-a-share-of-xboxs-digital-revenues/ 

Interesting article about that and I tend to agree with the guy who’s thinking it will not amount to much and that it was more about Microsoft selling cloud services and tables to GameStop and throwing a bone in to get the deal. The fact that there’s be no further mention of the revenue sharing or a similar deal with Sony (PS5’s been out for  while) and it’s almost 4 months after the “deal” was signed makes me think it’s very minor. I agree that it makes no sense for Microsoft except to get the deal done which at its core is just another cloud deal with a client. How many people went to GameStop this Christmas without already knowing which console they wanted to buy. Heck, when it’s all online there’s no salesperson to sway you either.

I think it was meant to be a big press release to help the stocks when it was just a basic software/hardware purchase from a vendor. The Sony agreement appears to be speculation only that happened right after the Microsoft announcement.

 

[stbugs]

There were like 2 super detailed posts in here in the last 5-10 pages. Probably as good as it will get info-wise for whatever this company is. 

Reading that made me feel like we are going full Boilerroom in here. Might be some money to be made but I’m not willing to put enough $$$ in for it to be worth the risk, especially when it’s not even available as an OTC stock. 

 

[Chaz McNulty]

Reading that made me feel like we are going full Boilerroom in here. Might be some money to be made but I’m not willing to put enough $$$ in for it to be worth the risk, especially when it’s not even available as an OTC stock. 

I think most took a very minor position on this one as a flyer. It's a 'fun money' stock.  I put in as much as I would be willing to lose in a night at the casino.

 

[cosjobs]

So anybody want to take a crack at what happens next week with the market?

S&P down last week...the beginning of a bear February? 

You know me, I'm almost always loaded for bear. I think about 24% of my of my entire portfolio is UVXY. The majority of shares are 10-11$ except those I grabbed on the way up at 12-13.xx. I love my position and the cushion I have. I would think that id the market dips another 5-10%, they're probably going to be $20-25

 

[Capella]

Reading that made me feel like we are going full Boilerroom in here. Might be some money to be made but I’m not willing to put enough $$$ in for it to be worth the risk, especially when it’s not even available as an OTC stock. 

I have one nice steak dinner for 2 on the line here. 

 

[cosjobs]

Reading that made me feel like we are going full Boilerroom in here. Might be some money to be made but I’m not willing to put enough $$$ in for it to be worth the risk, especially when it’s not even available as an OTC stock. 

Get 10,000 shares for ####s and giggles. I've watched dogs #### for $600

or have a nice steak dinner for two

 

[cosjobs]

From a tax standpoint, a lot of these dudes are going to realize short term cap gains and I'm guessing not all of them have ever had to do that before.  Further, I'm speculating that they may not be prepared in April '22 to pay for these taxes and will have to peel off some more stock to raise funds to pay taxes.  If that's the case, how would one establish option positions to capitalize on what might be a pretty good sized liquidation in some of these names?  

Is this a crazy thought?  

With those numbers, they'll need to start filing quarterly, so we could have some quarterly spikes in selloffs

 

[cosjobs]

I've heard this rhetoric mentioned a few times on podcasts. Anyone have a cliffnotes on what Apple is actually doing to fight against Facebook in their new OS? May switch over from Samsung for the next iteration.

I heard their latest underwhelmed when released last week. But that was a single article from who knows who anymore.

 

[culdeus]

WSB has 7 million subscribers.  Not sure we have the same type of leverage. 

But we all each control 10-100m.  That's all it takes said cramer

 

[culdeus]

I've heard this rhetoric mentioned a few times on podcasts. Anyone have a cliffnotes on what Apple is actually doing to fight against Facebook in their new OS? May switch over from Samsung for the next iteration.

It's always going to be walling off the privacy matters.   

 

[stbugs]

Get 10,000 shares for ####s and giggles. I've watched dogs #### for $600

or had a nice steak dinner for two

I can honestly say that I’ve never paid for dogs ####ting. I do take my dog out for walks to do his business. Would that be interesting for you? I’ve got Venmo and Zelle.

 

[cosjobs]

I can honestly say that I’ve never paid for dogs ####ting. I do take my dog out for walks to do his business. Would that be interesting for you? I’ve got Venmo and Zelle.

hard pass. If you equate ####ting with #######, I pity your wife

 

[cosjobs]

I got that AMEX deal of free Motley Fool for a year $99 with $99 back on my AMEX

It evidently entitles me to get 10-12 spam emails a day trying to get me to spend 500 on the package I really need to get their advice

I regret ever signing up. I get plenty of spam for free

 

[stbugs]

I have one nice steak dinner for 2 on the line here. 

Outback or Del Frisco’s?

I know what you guys are saying but I’ll just watch. I personally get too invested in following daily stuff, versus long term holds, and I don’t need more of those CYDYs. I did go in a bit more than a steak dinner on that. I made about $45k so it was well worth it but glad I got out to reduce the stress. Heck, my boring reinvestments after I sold went up about 60% so @chet made me a nice $70k on that one. I don’t think I could stomach another up and down run like that especially for a steak dinner! Good luck on it. After last year, got my eyes on a five year retire early while the wife keeps working plan and I need to stick to it.

 

[TripItUp]

Can't wait until big hedge funds are waging online misinformation campaigns to try and get the small guys heading in the wrong direction. 

I'm sure they are trying to find some way to sow discord and suspicion within the WSB ranks. They are likely reaching out to cozy bear and any other non-state online hackers to try and break the WSB cabal.

This has already started...see CNN hit piece depicting innocent WSB options trader who lost.

 

[stbugs]

hard pass. If you equate ####ting with #######, I pity your wife

I don’t watch dogs doing that either. I just figured you might have a weird fetish. I’m good and so is my wife, no need to go there.

 

[cosjobs]

I don’t watch dogs doing that either. I just figured you might have a weird fetish. I’m good and so is my wife, no need to go there.

I was just trying to engage in some banter. You seem kind of depressed from the trauma of making $110000 in about a month on an FBG tip. 

 

[stbugs]

This has already started...see CNN hit piece depicting innocent WSB options trader who lost.

Did anything ever happen on RH with that kid committing suicide months ago for his options trading? I could see that coming up again.

Do you have a link for the CNN article? I didn’t see anything and I’m interested to read it. Honestly, the wide swath reporting based on anecdotes can be awful. I think that’s the reason behind things like people not wanting to be vaccinated because one case or even one tweet becomes a poster child that ends up hurting more.

 

[stbugs]

I was just trying to engage in some banter. You seem kind of depressed from the trauma of making $110000 in about a month on an FBG tip. 

I know that’s why I joked back initially. You are just a little off in reading banter. Anyway, I’m not depressed, my wife is fine and you can relax. I just don’t feel like buying penny stocks regardless of what you pay to watch.

 

[TripItUp]

Did anything ever happen on RH with that kid committing suicide months ago for his options trading? I could see that coming up again.

Do you have a link for the CNN article? I didn’t see anything and I’m interested to read it. Honestly, the wide swath reporting based on anecdotes can be awful. I think that’s the reason behind things like people not wanting to be vaccinated because one case or even one tweet becomes a poster child that ends up hurting more.

https://edition.cnn.com/2021/01/29/investing/wallstreetbets-reddit-culture/index.html

Depicting WSB as an evil force 

 

[Capella]

Outback or Del Frisco’s?

I know what you guys are saying but I’ll just watch. I personally get too invested in following daily stuff, versus long term holds, and I don’t need more of those CYDYs. I did go in a bit more than a steak dinner on that. I made about $45k so it was well worth it but glad I got out to reduce the stress. Heck, my boring reinvestments after I sold went up about 60% so @chet made me a nice $70k on that one. I don’t think I could stomach another up and down run like that especially for a steak dinner! Good luck on it. After last year, got my eyes on a five year retire early while the wife keeps working plan and I need to stick to it.

Bern’s

i’m not trying to get rich off this but I’m not above adding an extra rack to the pile occasionally for no work. 

 

[Desert_Power]

I got that AMEX deal of free Motley Fool for a year $99 with $99 back on my AMEX

It evidently entitles me to get 10-12 spam emails a day trying to get me to spend 500 on the deal I really need.

I regret ever signing up. I get plenty of spam for free

I think there are ways to turn them off. That said, I've bought three stocks they have sent in just their video adds that have been up 43%, 45%, and 154%. I generally ignore them otherwise.

 

[Joe Mammy]

Bern’s

i’m not trying to get rich off this but I’m not above adding an extra rack to the pile occasionally for no work. 

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.

 

[jb1020]

So I’ve been using Robinhood for about a year...what should I move it too?  I’ve noticed a lot of things you guys talk about here aren’t on RH, like sfio and cydy.

What’s the best platform for an amateur like me to move too?  TD Ameritrade?  

 

[cosjobs]

So I’ve been using Robinhood for about a year...what should I move it too?  I’ve noticed a lot of things you guys talk about here aren’t on RH, like sfio and cydy.

What’s the best platform for an amateur like me to move too?  TD Ameritrade?  

I prefer Fidelity and I think that is the consensus, but not a huge spread above TD

 

[IC FBGCav]

I prefer Fidelity and I think that is the consensus, but not a huge spread above TD

I use ETrade and like it but if I moved it would Fidelity or Schwab.

 

[cosjobs]

I'm looking into WeBull. Has some nice features others don't offer

 

[[icon]]

Have a buddy frantically trying to get into silver. Exchanges seem to have frozen. Too late I presume? 

 

[McBokonon]

Have a buddy frantically trying to get into silver. Exchanges seem to have frozen. Too late I presume? 

If he has TD Ameritrade, he can start buying SLV at 8pm Eastern tonight.

Link to their 24/5

 

[cosjobs]

Have a buddy frantically trying to get into silver. Exchanges seem to have frozen. Too late I presume? 

I looked this weekend and all the online sellers were out of stock. I hear SLV got driven up going into the weekend and then all the physical sellers ran out quickly thereafter. I think I'll probably speculate on some SLV pre-market

 

[FreeBaGeL]

Fidelity has fewer fees than TDA on OTC's and the like but TDA's desktop software is vastly superior to Fidelity's. 

If you're just buying long to hold then it doesn't really matter but if you're doing any kind of momentum trading where you're trying to buy a stock on the move or with some recent PR it's going to take a lot longer to get the order in through Fidelity's software. 

And ToS (TDA) is also vastly superior for charting and research as well. 

 

[JAA]

Gamestop, while not crushing it, was nowhere near bankruptcy sans the help of HF managers tanking it.  They had around $6B in revenues with a new console set to release and were being shorted at $4.

Keith Gill (ie deepf###ingvalue) outlining the fundamentals of being long on GME 6 months ago, even citing Scion Asset Management holding asimilar position

https://youtu.be/GZTr1-Gp74U

This is why I believe BB can be next.  I dont think AMC has the fundamentals.

 

[Sideshow Bob]

I'm looking into WeBull. Has some nice features others don't offer

Such as?

 

[eaganwildcats]

If he has TD Ameritrade, he can start buying SLV at 8pm Eastern tonight.

Link to their 24/5

Have a limit order in. Highly unlikely it fills but we shall see!

 

[GROOT]

This has already started...see CNN hit piece depicting innocent WSB options trader who lost.

YAHOO also

 

[cosjobs]

This is why I believe BB can be next.  I dont think AMC has the fundamentals.

I see those two opposite of you. Not that I know much about them at all and should be listened to. But I have owned both recently and dumped the BB and rode AMC to minor fortunes.

 

[cosjobs]

Have a limit order in. Highly unlikely it fills but we shall see!

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?

 

[cosjobs]

Futures just opened with

Dow -1.02%

SP -1.22%

NAS -1.39 %

 

[cosjobs]

Such as?

Unsure as its been a few weeks since I read it and I smoke a lot of pot. I think their after hours trading was expanded and you could trade digital currencies, but not sure. It was tempting at the time. I think you also get 4 free stocks if you deposit $100

 

[ChiefD]

So I’ve been using Robinhood for about a year...what should I move it too?  I’ve noticed a lot of things you guys talk about here aren’t on RH, like sfio and cydy.

What’s the best platform for an amateur like me to move too?  TD Ameritrade?  

I’m a big fan of Schwab. I have been able to buy everything suggested here and the penny stock thread.

The only downside was an international fee of $50 for a trade of RLFTF. But thats the only fee I have encountered so far. 

 

[cosjobs]

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

 

[TripItUp]

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

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

 

[cosjobs]

If WSB can move GME like that, they can move SLV a lot more.

Fromm  Bloomberg just now:

Silver spiked at the week’s open, with futures topping $29 an ounce, as the the Reddit-inspired frenzy that roiled stock markets last week spills over into commodities. The spike came after retail sites were overwhelmed with demand for bars and coins on Sunday. Outlets including Apmex, the Walmart of precious metals products in North America, said they were unable to process orders until Asian markets open because of unprecedented consumption

 

[dschuler]

Futures just opened with

Dow -1.02%

SP -1.22%

NAS -1.39 %

Bodes well for $AMC and $GME.  To the moon boys!

 

[JoeSteeler]

I’m a big fan of Schwab. I have been able to buy everything suggested here and the penny stock thread.

The only downside was an international fee of $50 for a trade of RLFTF. But thats the only fee I have encountered so far. 

Had the same fee on Fidelity

Schwab definitely lets you buy more penny stocks than Fidelity does. CBBT and SFIO to name two.

 

[caustic]

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

 

[2Squirrels1Nut]

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

Disagree, drive silver to $1000 an ounce and gold to $100k.

 

[[icon]]

Ready for Dat Big SFIO Energy tomorrow 

 

[Sand]

https://edition.cnn.com/2021/01/29/investing/wallstreetbets-reddit-culture/index.html

Depicting WSB as an evil force 

CNN excels at character assasination.