GoBirds
Footballguy
A real boring choice compared to everything else going on but may put some in C if it pulls back more.
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Stock Thread (17 Viewers)
- Thread starter St. Louis Bob
- Start date
beef
Footballguy
-OZ-
Footballguy
-OZ-
Footballguy
Already up a bit. Nice job.So my 20 year old son is saying tik tok is blowing up with AMC buys tonight. So we’re in at 12.85.
Judge Smails
Footballguy
Reckoning is only beginning. I'm reduced to 50% equities. Probably should have gone to zero based on my gut having seen this movie play out 4 times in my life. Rampant speculation and greed without fundamentals leaves many holding the bag when it crashes. I was already there with the ridiculous valuations, rush to IPOs, acquisitions left and right. Everyone rushing to cash in now for good reason. They know it's ending. This GameStop and AMC lunacy is the exclamation point. Good luck all. Gonna be some big winners and some big losers. Make a ton and remember us little guys!
Dwayne Hoover
Footballguy
Once this casino rush ends, where are the new millionaires going to ultimately park their money or will they gamble it away before it can get into a safer place. Feel like we need to get ahead of this transfer of wealth and pick some winners.
What are the stocks they love on that subreddit.
They seem to have a hard on for Lisa Siu so AMD is a good bet. TSLA seems to have an army on that site. PLTR has been the flavor for a few weeks now.
What are the stocks they love on that subreddit.
They seem to have a hard on for Lisa Siu so AMD is a good bet. TSLA seems to have an army on that site. PLTR has been the flavor for a few weeks now.
Sand
Footballguy
OfDollarsandData is a spectacular site and everyone here should read it. Everything he writes is worth the time.
Long:
Was waiting for the market to dip after the inogeration hype before plowing in yearly back door Roth money. 7K each after they both dropped +5% today.
NEE - top 50 S&P company to try and take advantage of green energy under the new admin.
ARKG - healthcare and genetics ETF that should benefit from years of viruses and vaccines.
Was waiting for the market to dip after the inogeration hype before plowing in yearly back door Roth money. 7K each after they both dropped +5% today.
NEE - top 50 S&P company to try and take advantage of green energy under the new admin.
ARKG - healthcare and genetics ETF that should benefit from years of viruses and vaccines.
cheese
Footballguy
Same and honestly a big reason why I’m in for more tomorrow. Let’s get it.
BTW Barstool is starting to pump this now too. I think we will see the hype train make at least 1 more big run at AMC. If it can’t get there though, we may be in trouble holding all these “next up” stocks. We’ll see. I think it could go either way, but we will know the winner of this battle soon.
Desert_Power
Footballguy
Desert_Power
Footballguy
Chaz McNulty
Footballguy
After hours accounts for around 1% of the days trading. If I was looking for clues, I would look at the last 30 minutes of the trading day.
GROOT
Footballguy
Here's my take. After hours, wallstreet bets was taken down and it caused panic. Media outrage ensued. The site was restored and the rise began. Tommorrow blood will be in the air. You can't stop the shorts
Capella
Footballguy
Nigel
Footballguy
Desert_Power
Footballguy
Now would be a great time to issue a lot of new shares and maybe buy something with a bit more a future. But, yeah, physical games still have a lot of appeal.
fruity pebbles
Footballguy
cosjobs
Footballguy
Here's a snippet from a WSB postL
people are looking at the other most shorted stocks aside from $GME. And that's $AMC, $SPCE, etc. See how much they're up right now.
Now. SPCE is a really interesting one. A short attack with Musk as the general? I'll be buying SPCE tomorrow
ETA
Oops. Musk is SpaceX. Richard Branson is the SPCE founder and get this, Chamath Palihapitiya is the chairman. If you saw or read the Chamath interview on CNBC, you know he would love to go to war on the shorts. I'm going in big tomorrow
people are looking at the other most shorted stocks aside from $GME. And that's $AMC, $SPCE, etc. See how much they're up right now.
Now. SPCE is a really interesting one. A short attack with Musk as the general? I'll be buying SPCE tomorrow
ETA
Oops. Musk is SpaceX. Richard Branson is the SPCE founder and get this, Chamath Palihapitiya is the chairman. If you saw or read the Chamath interview on CNBC, you know he would love to go to war on the shorts. I'm going in big tomorrow
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McBokonon
Footballguy
You know the underlying business isn’t the point of what’s happening at all, right? Just seeing if you’re trolling or really just showing up during the credits having no idea what happened in the movie.
Capella
Footballguy
Dwayne Hoover
Footballguy
Tempting, I wanted to get in this one when it was in the 20s but never pulled the trigger.
I think I'll just wait for the crash back into the 20s and then buy and hold.
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cosjobs
Footballguy
I was non-plussed until I read the last ship pooped out 500 satellites to be used for internet bandwidth.
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GROOT
Footballguy
Sorry, i meant what happened will be a catalyst for buying. The heavily shorted stocks are gaining.
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Insoxicated
CR69
Footballguy
That's what it feels like though, right? Like people are selling legit companies to pile into this meme stock short attack chase. I just sent more cash to TDA, I'll just keep buying.
I was reading an article the other day (chrome on my phone crashed and now I can't find it) talking about how right now is similar to WW2 with record high savings, record low debt, increased income (for white collar workers) and pent up demand. Similar conditions resulted in a boom era in the 50s and 60s.
McBokonon
Footballguy
MELI tanked. SQ has been. SHOP tanked. This is what growth stocks do. There’s also a chance large holders had to sell to cover their shorts but even without that, this is what happens when you’re in these names.
. That’s completely bull crap and you and everyone else knows it. THE MAN lost and swung his big stick in a hissy fit. I bet WSB and others swing back hard tomorrow. Chamath, Barstool Sports, Elon Musk, and millions of others think so.
cosjobs
Footballguy
Oops. Musk is SpaceX. Richard Branson is the SPCE founder and get this, Chamath Palihapitiya is the chairman. If you saw or read the Chamath interview on CNBC, you know he would love to go to war on the shorts. I'm going in big tomorrow
Literally means nothing but a potential buying opportunity. Over 1.2 BILLION shares traded today. Less than 1% are AH.
FreeBaGeL
Footballguy
Maybe.
Then again there's been 10 of these dumb events in the last 2 months and every time everyone thought it was the top and the bubble was about to pop. If you'd sold then you'd probably have missed out on 60% gains over the last two months to try and avoid a 10% drop.
Eventually people will be right about the pullback but so far anyone that has bet on it has lost hugely in opportunity cost.
BassNBrew
Footballguy
It's not. It has pull 10-15% numerous time in the last year. Sell on the pops and accumulate on the pullbacks.
https://www.cnbc.com/quotes/SE?qsearchterm=se
. We're printing money right now and mailing it out to every American. We're on guard to not let the economy fall. We wont pull back until the dust settles with the virus which might be years, or never.
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KGB
Footballguy
Ah my specialty.
So, I've been following WSB for a long time. It used to be a place where people put everything they had on 1 bet (roughly) and posted their gains and or losses. losses are upvoted just as much as gains. Like a casino brag.
Before GME hit front page news, I saw that WSB was all over it, and I didnt understand exactly how the GME infinite short squeeze worked,..etc. SO I passed.
BUT. I figured all these guys would want to invest in the next big thing after they pulled out the gains. SO I bet on
BB
and NOK
I've been in PLTR (My number 3 for awhile)
I didnt expect any to start to boom untill GME hit $420 or $1000, or Friday. Then I think all these dudes put thier money into the next big thing.
AMC was also on my list. The fact is, it's blowing up because ELon Musk went onto a discord server (WSB?) and said it's where to go to next. So, it jumped to the top.
These are all momentum plays IMO.
I'm also an idiot, so take it for what its worth.
HOLDING and keeping PLTR, BB, and NOK until at least Friday.
If you want to see what is popular on WSB. Look here. IMO, get in before the run up
https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
tonysmiles
Footballguy
I do not think I recovered from the euphoria of having almost a 50% trading day and owning a stock that had the performance of KOSS in less than 24 hours. What a day. Buying another 1K shares of NOK at 7AM. Still holding AMC KOSS BB GME but trimmed back those positions and will not be adding to them. Also sold GEVO today.
2Squirrels1Nut
Footballguy
My link
KGB
Footballguy
BassNBrew
Footballguy
What movie did you guys see where interest rates were at all time lows and the gov't was flooding us with money and a pandemic took away our ability to blow money on vacations and bars? While I agree with you that there are segments that are high, but their are hundreds of companies with solid valuations at historical norms. On top of that, the giants are delivering earnings above expectations. Personally I'm up 10% on the year 2021 after today and the SP500 sits where it did on Jan 1. Too risky to be sitting out waiting for a pullback.
