Stock Thread (13 Viewers)

[2Squirrels1Nut]

What about those three martini lunches hedge fund fatcats are famous for.

Martinis are great and all but if I knew that key bumps in the middle of a fancy restaurant was socially acceptable I would have tried a whole lot harder in school.

 

[kevzilla]

I have plenty of work to do but I feel like I need to babysit UVXY this afternoon 

 

[cosjobs]

Looking into FFIC (Flushing Financial)

no reason, other than the name fitting perfectly in my portfolio

 

[General Malaise]

What about those three martini lunches hedge fund fatcats are famous for.

I never get invited to those.

 

[Pigskin Fanatic]

I have plenty of work to do but I feel like I need to babysit UVXY this afternoon 

any thoughts on where this goes from here, sell and look for it to go sub-8 again, or watch it and hope it goes north of 10-11?

 

[TripItUp]

Bought SRNGU SPAC

entry point is great and same management team as SKLZ and DKNG

 

[cosjobs]

any thoughts on where this goes from here, sell and look for it to go sub-8 again, or watch it and hope it goes north of 10-11?

I sold 1000 out of 7000, holding the rest

 

[David Dodds]

This is why we HODL. I love how these guys just can't stand that this stock is winning.

https://www.reddit.com/r/wallstreetbets/comments/ls8m0k/cramer_confusion_on_gme/

 

[Bonfire]

Lot of resistance at 150 for GME.  What is it going to take to push it past?  I dont think retail is selling, not at $150.  Must be on the options side?

Tinfoil hat:

Seems like the mob of retail is too varied to have such tight selling to keep it right around $150 ish, assuming they sell at all.

This seems like Hedges and Big Boys somehow capping/pulling it to this level through whatever method I don't understand.

 

[David Dodds]

Lot of resistance at 150 for GME.  What is it going to take to push it past?  I dont think retail is selling, not at $150.  Must be on the options side?

games they play. They want you to be happy to take 150. Over 150, lots of calls come in making this an even harder buy so the shorts have to try and have a stand here or rocketship is launched. I saw enough today to tell me they can't hold this back without some help. Let's hope SEC/Congess don't screw us.

These games are played every options payday. We are just getting it a day early on GME.

 

[Pigskin Fanatic]

This is why we HODL. I love how these guys just can't stand that this stock is winning.

https://www.reddit.com/r/wallstreetbets/comments/ls8m0k/cramer_confusion_on_gme/

"lol he's about to cry"

 

[hooter311]

West coast guys eat lunch between 9am and 10am.  In 20+ years working for 3 different hedge funds, I can probably count on both hands the number of times these lunches were eaten somewhere other than our desks.  Money never eats, pal.

It's true, I've seen how many crackers he can put on his mouth.

 

[kevzilla]

any thoughts on where this goes from here, sell and look for it to go sub-8 again, or watch it and hope it goes north of 10-11?

This is quite a daily move. I'm probably out by EOD one way or another, but my cost basis is $9.56 and it's almost 30% of the account now. That isn't sustainable.

 

[Bob Sacamano]

Just found a bunch of Travelers checks that are probably 15 years old. Over/Under on how many tellers at the local bank branch have to get involved before someone knows what they are/what to do with them?

 

[2Squirrels1Nut]

games they play. They want you to be happy to take 150. Over 150, lots of calls come in making this an even harder buy so the shorts have to try and have a stand here or rocketship is launched. I saw enough today to tell me they can't hold this back without some help. Let's hope SEC/Congess don't screw us.

These games are played every options payday. We are just getting it a day early on GME.

This is my biggest fear and why I took some off the table 

 

[Angry Beavers]

Just found a bunch of Travelers checks that are probably 15 years old. Over/Under on how many tellers at the local bank branch have to get involved before someone knows what they are/what to do with them?

3.5

 

[CR69]

They are on different clocks. GTBC is only market hours, not even Pre or afterhours.

BTC itself is for sale 24/7

It's still trading at a discount when it normally trades at a premium. Each share of GBTC is 1/1030th of a bitcoin. Should be closer to $47.70 right now and that's just the equal price point. 

 

[General Malaise]

Just found a bunch of Travelers checks that are probably 15 years old. Over/Under on how many tellers at the local bank branch have to get involved before someone knows what they are/what to do with them?

Over/Under on number of drinks you consume before you actually step foot in a physical bank? 

 

[CR69]

VIX up 40%

 

[General Malaise]

Well, this GME/AMC got awfully expensive in a hurry.  

Good news is I won't have to take my entire family to a movie theater.  Bad news is I couldn't afford to now if I wanted to.  



BUT DIAMOND HANDS YO!!!!!!!!!!!!!!!!!!!

 

[cosjobs]

Just found a bunch of Travelers checks that are probably 15 years old. Over/Under on how many tellers at the local bank branch have to get involved before someone knows what they are/what to do with them?

7

but it won;t get done even then

 

[kevzilla]

Looks like I may have sold myself a little short on UVXY today, but that's OK. The first two tranches were bought so poorly, it was fortunate I was able to get out 5% up. Will finish today up >2%, so no complaints. But I need to leave that evil witch alone.

 

[ChiefD]

Just found a bunch of Travelers checks that are probably 15 years old. Over/Under on how many tellers at the local bank branch have to get involved before someone knows what they are/what to do with them?

Take one to a restaurant and try and buy dinner with it. 

 

[John Kreese]

They are on different clocks. GTBC is only market hours, not even Pre or afterhours.

BTC itself is for sale 24/7

It's still trading at a discount when it normally trades at a premium. Each share of GBTC is 1/1030th of a bitcoin. Should be closer to $47.70 right now and that's just the equal price point. 

I was referring to the price of bitcoin at market close yesterday vs today. Maybe i'm missing something or it is just the discount/premium changing.

 

[drunken slob]

This is why we HODL. I love how these guys just can't stand that this stock is winning.

https://www.reddit.com/r/wallstreetbets/comments/ls8m0k/cramer_confusion_on_gme/

"this dollar store Louis CK looking ***** @@@ thinks YOURE a loser"

 

[hooter311]

games they play. They want you to be happy to take 150. Over 150, lots of calls come in making this an even harder buy so the shorts have to try and have a stand here or rocketship is launched. I saw enough today to tell me they can't hold this back without some help. Let's hope SEC/Congess don't screw us.

These games are played every options payday. We are just getting it a day early on GME.

Are you holding over night?

 

[beef]

I have plenty of work to do but I feel like I need to babysit UVXY this afternoon 

That's another reason why I got out.  I do want to be online tomorrow either.  

 

[David Dodds]

Are you holding over night?

diamond hands

 

[David Dodds]

diamond hands

believe in what you saw today.

was trading for $160 on Euro market

was trading $184 afterhours yesterday

was trading at $170 in premarket

flew past $150 to $180

halted three times early

the whole market is a sea of red and it's still at 140+

 

[Yo Mama]

Just found a bunch of Travelers checks that are probably 15 years old. Over/Under on how many tellers at the local bank branch have to get involved before someone knows what they are/what to do with them?

You’re like Chevy Chase in Caddyshack with checks just lying around all over the house. I’m in awe. 

 

[Bossman]

With the wild swings of GME, could a strategy work of buying both puts AND calls?

Seems like both would likely pay as this thing rages up and then back down...

 

[drunken slob]

Not gonna bash Cramer but I will say he's out of touch.

One morning last month I was home and watching that morning squawk show he's on.

He told a story about needing a charging cord. As it went on, he solidified my belief. First he didn't know you could buy online and pick up. Next he went to Best Buy to pickup said order and saw a line to get in and couldn't understand why. Gets in line does his thing and leaves. Went on a tirade that Best Buy was purposely keeping customers out of the store (said he was in New Jersey). 

He's right, BB is keeping customers out. I'm sure there are occupancy limits as ordered by the government due to the pandemic. I know here in WV the governor mandated limits back in April and they haven't been eased to date. Lots of out of touch in one little story about a charging cable.

 

[David Dodds]

no one sold at $125 all day and we are suppose to believe retail is bailing now under $120. LMAO

 

[hooter311]

Just bought a dozen more.  I like this stock.

 

[caustic]

Lots of decent pre-target SPACs very close to NAV now. HZON, HZAC, FPAC, ETAC, CONX, ROCC, NSH...

 

[stbugs]

Getting my ### kicked about the same as Monday, correct that, worse. Not as bad as early Tuesday, but not a lot of time to recover. Feel like I should dip my toes into a couple stocks, but not sure it's over. May just stick with what I got and see how the week ends.

 

[Keerock]

Got a little GME for fun.

 

[Capella]

Today is definitely going to wash some people out of the market imo 

 

[fruity pebbles]

Market should never have been up yesterday. Today undid yesterday plus some. Put some cash back in.

 

[dino259]

Just found a bunch of Travelers checks that are probably 15 years old. Over/Under on how many tellers at the local bank branch have to get involved before someone knows what they are/what to do with them?

probably a bunch and then they will give you a number to call.  Then you probably have to go to your state's unclaimed property website.

As an fyi, everyone should check their unclaimed property website.  Any bonus there would be good for STONKS.

 

[Bossman]

Today is definitely going to wash some people out of the market imo 

Stonks are down ... but I look at it as I still have the same shares as I did when the day started.

You only lose if you sell!

 

[Capella]

Stonks are down ... but I look at it as I still have the same shares as I did when the day started.

You only lose is you sell!

Don’t have to tell me but half the market is scared money. 

 

[Keerock]

Got a little GME for fun.

Not very fun so far

 

[David Dodds]

I actually think it works in our favor that GME is getting hammered. It tells the SEC, etc to stay out.

 

[steelerfan1]

Where have you heard this?  Go on my friend

Saw it when I google EXC under the latest news.

 

[steelerfan1]

"lol he's about to cry"

So am I....

 

[Bonfire]

I am Miss Cleo predicting GME to drift up afterhours, I have no basis for this.

 

[Wild Young Billy]

 

[General Malaise]

me right now

 

[Desert_Power]

I added a bit of SFTW and UWMC today, but too chicken to put significant more in today.