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17 hours ago, Angry Beavers said:

@hooter311  I mean, I told my wife that BTC was going to jump this weekend. She asked how I knew that. I told her Hooter from FBG said so. I am not sure if she thinks I have a line to a fortune teller or I am an idiot. These next 36 hours are suddenly critical.......

Once again, your user name may check out 

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What to do, what to do....

Besides options which I have quite a bit in....

AVGO, ETFM, RIOT, TQQQ.

Down in everything but AVGO which I've been in since $250.  I think I'll sleep in and see what happens.:kicksrock:

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Selling my AVGO at the open for 27% gain.

Debating RIOT, TSLA, ARKK, something hit hard but not a penny to move into.  suggestions?

not a WSB

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10 minutes ago, KGB said:

Selling my AVGO at the open for 27% gain.

Debating RIOT, TSLA, ARKK, something hit hard but not a penny to move into.  suggestions?

not a WSB

$MSOS is a solid bet at these levels imho. 

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On 3/6/2021 at 9:26 AM, hooter311 said:

Indian bitcoin ban turns out to be FUD.  2nd most populated country in the world back in play.

Bitcoin exchanges currently holding only about 2.4 million btc in supply, while bitcoin holders are increasing at a rate of about a million new each month.

 

Every billion you hear invested takes another 20,000 or so off the market.  Every dollar invested in etfs will need to be backed with btc.  The biggest difference between the etf and the trusts is that the etfs will be redeemable, which will drive up volume.

 

:excited:

FUD?

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There needs to be a stonk meme thread.  Fbgwsb or something.  It's fun to follow but isn't real world.  Someone with lots of time to change the thread titles would be good to start it

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3 minutes ago, David Dodds said:

to the Moon we go. Shorts are squeezed. Some calculations think the stock is 2.5X owned through synthetic shares.

:eek:                 Do you have a link regarding that?  Just curious. I am already along for the ride, but at a more modest amount.

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19 minutes ago, David Dodds said:

That doesn't even account for shares owned by retail investors and I was astounded to hear that almost half of robinhood users owned at least a portion of gme when the first pump occured.

 

Dodds was right about this being a once in a lifetime opportunity....I'm just excited to see it play out.

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Btc now in it's 3rd day of hitting resistance between 51k-52k.

 

Very important that it breaks from this range soon. If it happens today I'm almost certain we get a new all time high by Friday.

 

I think it was a good thing the futures opened a little weak today so they can gain momentum during trading hours and hopefully turn on the jets after hours.

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1 hour ago, [icon] said:

@David Dodds what's the latest on GME?

Cohen was also appointed to lead the new online initiative for the company.  Smart money is on him to come up with something clever.

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45 minutes ago, hooter311 said:

Btc now in it's 3rd day of hitting resistance between 51k-52k.

 

Very important that it breaks from this range soon. If it happens today I'm almost certain we get a new all time high by Friday.

 

I think it was a good thing the futures opened a little weak today so they can gain momentum during trading hours and hopefully turn on the jets after hours.

Is RIOT, GBTC, ARGO the play here? Or buying BTC directly? 

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1 minute ago, Wild Young Billy said:

Is RIOT, GBTC, ARGO the play here? Or buying BTC directly? 

Gbtc in tax favored accounts or direct bitcoin.

 

RIOT's earnings are due the 24th of this month and it could be all over the place between now and then.  

 

Not familiar enough with Argo to comment.

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1 hour ago, David Dodds said:

to the Moon we go. Shorts are squeezed. Some calculations think the stock is 2.5X owned through synthetic shares.

You were yelling buy last week in the 120's and lower, even Friday's 140's.  You nailed it again, man!  :thumbup:

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@Chadstroma - any thoughts on this article?

 

Basically the CEO of UWMC issued an ultimatum to brokers to stop using Rocket Mortgage and Fairway Independent Mortgage Group.

Not sure what to make of all of this and how it will relate to the stock price going forward. Was about to throw some more dough into this but saw some articles on this today.

If this has been posted already I apologize but I didn't see anything. 

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mostly diamond handing here. At over $200 a share, I will hold/sell only. I fully expect this to still rocket, but I prefer not to time the exact moment of that and once GME is trading in the 200s, I think it could happen suddenly.

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19 minutes ago, 2Squirrels1Nut said:

AMC runnning too

Crazy - AMC basically says they're going to sell another 500M shares and the market shrugs it off.  When the rug gets pulled here it's going to fall really, really hard.

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15 minutes ago, David Dodds said:

mostly diamond handing here. At over $200 a share, I will hold/sell only. I fully expect this to still rocket, but I prefer not to time the exact moment of that and once GME is trading in the 200s, I think it could happen suddenly.

Thanks GB. What's your idea of rocket... $200 to ???. Where's your perceived Exit point realistically?

I've just got a dozen shares for kicks but I'm playing along for the story. 

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2 minutes ago, Sand said:

Crazy - AMC basically says they're going to sell another 500M shares and the market shrugs it off.  When the rug gets pulled here it's going to fall really, really hard.

Projected EPS: $.000001*

It'll be like the Zimbabwe dollar of stocks :lol: 

 

*I made that up. 

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3 minutes ago, [icon] said:

Projected EPS: $.000001*

It'll be like the Zimbabwe dollar of stocks :lol: 

 

*I made that up. 

AMC was a good daytrade when it was tracking with GME (which it did for about a week). AMC was also shorted heavily, but because they have so many shares (and are adding), it is way too simple for short positions to cover. I sold all my AMC last week and have no interest in it going forward. The internet saved them, but they repaid those people by crashing the stock.

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10 minutes ago, [icon] said:

Thanks GB. What's your idea of rocket... $200 to ???. Where's your perceived Exit point realistically?

I've just got a dozen shares for kicks but I'm playing along for the story. 

I am a believer this cracks $800 a share if no SEC or government intervention. And if it closes over $800 on 3/19, this is likely a $1,200-1,500 stock because of the call options at the $800 price.

Edited by David Dodds
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Just now, caustic said:

Fondly remembering when I "bought the dip" on AAPL at $132 in January. Classic bull trap and I fell right in. 

Lol. Me too. Bought some at 140 and feeling like at the time it’s as safe as an investment comes.  🤦🏻‍♂️

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13 minutes ago, caustic said:

Fondly remembering when I "bought the dip" on AAPL at $132 in January. Classic bull trap and I fell right in. 

Wondering if I did this with tesla.
 

Long term I’d have to think there is very little chance of you losing money here. 

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