stbugs Posted March 24 Share Posted March 24 (edited) 4 minutes ago, McBokonon said: And I’ll just say that it broke under the 100 day. The 200 day is just below 180 and the way the market is going I wouldn’t be surprised to see it go there. If it does I’m loading up. Yeah, I’m nibbling but getting ready to load back up. If we get to those March 5th lows then I probably push the rest of the cash in and enjoy a relaxing year. You are in a bunch that I’m in and they haven’t done well lately. At least my nibble at the end of yesterday on UPST is doing OK. Edited March 24 by stbugs Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted March 24 Share Posted March 24 GME stopped out this morn while I was sleeping one off. 1 Quote Link to comment Share on other sites More sharing options...
Buckna Posted March 24 Share Posted March 24 13 hours ago, Atomic Punk said: I just realized if I left my money in BLMN that I started out with this spring, I would be up 350%. Instead I moved it all over the place and I’m “only” up 100%. I got out too early as well. That a restaurant chain is worth ~35% more now than pre-pandemic is just insanity to me. I agree with the narrative that when things fully open up that lots of people will be spending, then I see stuff like this and think how can we not be in a bubble? Quote Link to comment Share on other sites More sharing options...
ConstruxBoy Posted March 24 Share Posted March 24 17 hours ago, Capella said: The only gamma squeeze is going to be on my balls if my wife ever finds out about this. Better than a gramma squeeze, amiright? 1 2 6 Quote Link to comment Share on other sites More sharing options...
ChiefD Posted March 24 Share Posted March 24 6 minutes ago, ConstruxBoy said: Better than a gramma squeeze, amiright? 1 Quote Link to comment Share on other sites More sharing options...
beef Posted March 24 Share Posted March 24 (edited) FNKO will be a real nice day trader if these 10-20% swings keep happening. Kind of already is... Edited March 24 by beef 2 Quote Link to comment Share on other sites More sharing options...
stbugs Posted March 24 Share Posted March 24 17 minutes ago, Buckna said: I got out too early as well. That a restaurant chain is worth ~35% more now than pre-pandemic is just insanity to me. I agree with the narrative that when things fully open up that lots of people will be spending, then I see stuff like this and think how can we not be in a bubble? Yeah, it’s funny that people have been talking about the tech bubble when many restaurant/finance/travel related stocks are at all time highs even though their numbers haven’t recovered or are flat with little to no growth. Some were just meh stocks before the pandemic and now they are priced like they are better than before even if they took on more debt due to closures and aren’t back to fully normal. 1 Quote Link to comment Share on other sites More sharing options...
beef Posted March 24 Share Posted March 24 CNBC going with the "Snoozing Kitty" name. They really are pissed off about GME. Quote Link to comment Share on other sites More sharing options...
fruity pebbles Posted March 24 Share Posted March 24 Am I the only one who can’t even get on the GameStop website? Says access denied. Googling it, it doesn’t sound like an uncommon problem. Only website I’ve encountered that with. Quote Link to comment Share on other sites More sharing options...
Bob Sacamano Posted March 24 Share Posted March 24 3 minutes ago, fruity pebbles said: Am I the only one who can’t even get on the GameStop website? Says access denied. Googling it, it doesn’t sound like an uncommon problem. Only website I’ve encountered that with. Working for me. Quote Link to comment Share on other sites More sharing options...
pmedina Posted March 24 Share Posted March 24 4 minutes ago, fruity pebbles said: Am I the only one who can’t even get on the GameStop website? Says access denied. Googling it, it doesn’t sound like an uncommon problem. Only website I’ve encountered that with. I just tried and got on. Felt the gamma squeeze as the page loaded. 1 1 Quote Link to comment Share on other sites More sharing options...
jamny Posted March 24 Share Posted March 24 43 minutes ago, beef said: FNKO will be a real nice day trader if these 10-20% swings keep happening. Kind of already is... Yeah, I'll get out of it some time today. All NFT's are popping, so I'll let it ride for the day. 1 Quote Link to comment Share on other sites More sharing options...
Nick Vermeil Posted March 24 Share Posted March 24 @McBokonon, NNOX dipping below $40. Any new thoughts on progress? 1 Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted March 24 Share Posted March 24 18 hours ago, Capella said: The only gamma squeeze is going to be on my balls if my wife ever finds out about this. Overall made a little but....... yeah Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted March 24 Share Posted March 24 1 hour ago, beef said: CNBC going with the "Snoozing Kitty" name. They really are pissed off about GME. I was the exact opposite prior as they said that they were all impressed by the DD of retail investors to find, understand and exploit the suspicious numbers. The issue is we're plebes and the system is rigged against us. Quote Link to comment Share on other sites More sharing options...
Pigskin Fanatic Posted March 24 Share Posted March 24 looking for a break even on DM, jumping in for some DCA shares at 17.50. lowest mark for it this calendar year is 17.38, hoping to see it back in the 20+ range in the next few days for my exit. may need to buy some more at these prices to get my basis down to 20. fwiw i understood this was a LT play and i'm just getting impatient with it. LT play in this day and age is anything held more than a week, amiright? time to update the capital gains tax rules accordingly! Quote Link to comment Share on other sites More sharing options...
beef Posted March 24 Share Posted March 24 (edited) Where are you @David Dodds? FNKO $19, $20, $21, $22, $23... we hardly knew you. FNKO $24, we want to know you again. Edited March 24 by beef 2 Quote Link to comment Share on other sites More sharing options...
JAA Posted March 24 Share Posted March 24 1 hour ago, stbugs said: It doesn’t really help the company. If they release more shares to take advantage of a squeeze, the shares tank. The only people that benefit would be the WSB folks which is why they want it. It’s also entirely possible that a recall would do nothing as the “synthetic” shares isn’t real and the outstanding shares isn’t crazy high. Thats not true. The price of the stock would skyrocket. This would draw a line in the sand of the good guys vs bad guys (synthetics shares are bad. always). The free marketing of this situation would pay huge and lifelong dividends to the brand of the company. It would also send a message to the HF stating "dont #### with us or we will make you pay". You will have defined a company brand for an entire generation. Like literally 30 years GME would be un-bankruptable. I still have not heard one valid reason why the company would not recall the shares. Quote Link to comment Share on other sites More sharing options...
tonydead Posted March 24 Share Posted March 24 10 minutes ago, JAA said: Thats not true. The price of the stock would skyrocket. This would draw a line in the sand of the good guys vs bad guys (synthetics shares are bad. always). The free marketing of this situation would pay huge and lifelong dividends to the brand of the company. It would also send a message to the HF stating "dont #### with us or we will make you pay". You will have defined a company brand for an entire generation. Like literally 30 years GME would be un-bankruptable. I still have not heard one valid reason why the company would not recall the shares. Someone or somebodies are paying them not to? 1 Quote Link to comment Share on other sites More sharing options...
JAA Posted March 24 Share Posted March 24 Just now, tonydead said: 11 minutes ago, JAA said: Thats not true. The price of the stock would skyrocket. This would draw a line in the sand of the good guys vs bad guys (synthetics shares are bad. always). The free marketing of this situation would pay huge and lifelong dividends to the brand of the company. It would also send a message to the HF stating "dont #### with us or we will make you pay". You will have defined a company brand for an entire generation. Like literally 30 years GME would be un-bankruptable. I still have not heard one valid reason why the company would not recall the shares. Someone or somebodies are paying them not to? Im no , but maybe the HF ties run deep? Maybe its the current CEO? Maybe there are additional ramifications or implications of recalling the shares, I dont know. But of the reasons currently on the table to not recall the shares, none add up on the long game side. Quote Link to comment Share on other sites More sharing options...
General Malaise Posted March 24 Share Posted March 24 Think I've had about enough of this Greyscale. 2 1 Quote Link to comment Share on other sites More sharing options...
Bossman Posted March 24 Share Posted March 24 13 minutes ago, JAA said: Thats not true. The price of the stock would skyrocket. This would draw a line in the sand of the good guys vs bad guys (synthetics shares are bad. always). The free marketing of this situation would pay huge and lifelong dividends to the brand of the company. It would also send a message to the HF stating "dont #### with us or we will make you pay". You will have defined a company brand for an entire generation. Like literally 30 years GME would be un-bankruptable. I still have not heard one valid reason why the company would not recall the shares. I still haven't heard what criteria is needed for a company to do a recall. I have to think there are ground rules ... Or Tesla, and hundreds of other highly shorted companies, would have done this sever times over. Can someone find ONE example of a company recalling their stocks? Quote Link to comment Share on other sites More sharing options...
JAA Posted March 24 Share Posted March 24 Just now, General Malaise said: Think I've had about enough of this Greyscale. Everything is getting crushed though. Not a good day to sell. Quote Link to comment Share on other sites More sharing options...
McBokonon Posted March 24 Share Posted March 24 13 minutes ago, JAA said: I still have not heard one valid reason why the company would not recall the shares. 2 hours ago, McBokonon said: The people who lent the shares are the ones who recall the shares, not the company. 2 Quote Link to comment Share on other sites More sharing options...
Bossman Posted March 24 Share Posted March 24 1 minute ago, McBokonon said: Makes sense. What incentive would a broker have to recall stocks? I can think of none. Quote Link to comment Share on other sites More sharing options...
McBokonon Posted March 24 Share Posted March 24 45 minutes ago, Nick Vermeil said: @McBokonon, NNOX dipping below $40. Any new thoughts on progress? It's FDA or bust. Based on the timeline, mid-April at the absolute latest but it seems like it's gonna be sooner. I think there's a decent chance this Sunday night we might hear something. FDA does a release of their 510K's every week at that time and we're in that window. Quote Link to comment Share on other sites More sharing options...
jamny Posted March 24 Share Posted March 24 Out of FNKO at 23.29. Nice day, and week, so I won't get greedy. Quote Link to comment Share on other sites More sharing options...
ChiefD Posted March 24 Share Posted March 24 2 minutes ago, McBokonon said: It's FDA or bust. Based on the timeline, mid-April at the absolute latest but it seems like it's gonna be sooner. I think there's a decent chance this Sunday night we might hear something. FDA does a release of their 510K's every week at that time and we're in that window. Is there somewhere to see this list every week on their website or something? Quote Link to comment Share on other sites More sharing options...
JAA Posted March 24 Share Posted March 24 2 minutes ago, Bossman said: I still haven't heard what criteria is needed for a company to do a recall. I have to think there are ground rules ... Or Tesla, and hundreds of other highly shorted companies, would have done this sever times over. Can someone find ONE example of a company recalling their stocks? Some reading: https://www.bloomberg.com/opinion/articles/2019-12-03/making-life-harder-for-short-sellers https://www.reddit.com/r/GME/comments/m8xohd/lent_shares_may_be_recalled_ahead_of_gamestops/?utm_source=share&utm_medium=web2x&context=3 (from above link: http://archive.vn/Zvlol https://www.wsj.com/articles/how-investing-giants-gave-away-voting-power-ahead-of-a-shareholder-fight-11591793863 Interesting: https://www.reddit.com/r/GME/comments/m98jcb/power_to_the_people_power_to_the_apes/ https://www.unpri.org/listed-equity/developing-an-active-ownership-policy-/2724.article "Recalling shares" Quote Link to comment Share on other sites More sharing options...
TripItUp Posted March 24 Share Posted March 24 If you can hold long, I love IPOE here. 2 1 Quote Link to comment Share on other sites More sharing options...
JAA Posted March 24 Share Posted March 24 https://www.investor.gov/introduction-investing/investing-basics/glossary/proving-securities-ownership Quote Brokerage Firm If you bought the security through a brokerage firm, contact the firm and ask if they have a record of your ownership. Brokerage firms are required to keep records for only six years. Copies of confirmations are only required to be kept for three years. In many cases, brokers may retain records longer at their own discretion I just sent a BIGDEAL email to TD Ameritrade asking if they have a record of my ownership of my GME shares 🚀 Quote Link to comment Share on other sites More sharing options...
McBokonon Posted March 24 Share Posted March 24 2 minutes ago, ChiefD said: Is there somewhere to see this list every week on their website or something? Yeah. I found it once before and can try again later. It's actually a weekly summary so the actual announcement/decision could happen any day and probably will. And then $NNOX will issue a press release and we'll either celebrate or break things then. 1 Quote Link to comment Share on other sites More sharing options...
IC FBGCav Posted March 24 Share Posted March 24 18 hours ago, David Dodds said: Hell, I ordered a thousand dollars worth of stuff the past few weeks alone. This is where I think GME can't be compared to Chewy. I spend probably 500 dollars every 2 months with Chewy because all my items are perishable. GME products have a much longer life span and less need for them after purchased once. Huge advantage to chewy imo. Quote Link to comment Share on other sites More sharing options...
McBokonon Posted March 24 Share Posted March 24 1 minute ago, IC FBGCav said: This is where I think GME can't be compared to Chewy. I spend probably 500 dollars every 2 months with Chewy because all my items are perishable. GME products have a much longer life span and less need for them after purchased once. Huge advantage to chewy imo. You also can’t download Alpo online Quote Link to comment Share on other sites More sharing options...
David Dodds Posted March 24 Share Posted March 24 (edited) You guys seem a tad more stressed about GME than me. I am at peace day trading the hell out of this. Sell 1/2 of what you own at the open. Set block sells at +$2 intervals above the market open. Once this reverses, subtract $10 from your average price you sold at and start buying back. I am back to managing shares (not worried about price). I have lost money today (on paper), but I have the same shares I started with and have pocketed $12,000+ already. I can do this forever, but I still expect the squeeze will happen. Edited March 24 by David Dodds 3 1 Quote Link to comment Share on other sites More sharing options...
Desert_Power Posted March 24 Share Posted March 24 35 minutes ago, General Malaise said: Think I've had about enough of this Greyscale. I think its a solid bet this kind of trust structure continues to underperform. If an ETF gets launched it will get even worse. 1 Quote Link to comment Share on other sites More sharing options...
steelerfan1 Posted March 24 Share Posted March 24 As a newb, last year was much more fun... 7 1 Quote Link to comment Share on other sites More sharing options...
jamny Posted March 24 Share Posted March 24 Picked up some AUVI. With the MLB season coming there might be a few more announcements like this in the coming days, so it's worth a shot. Boston Red Sox to Partner with Applied UV to Install Airocide(R) Air Quality System in Fenway Park and Jet Blue Park 2 Quote Link to comment Share on other sites More sharing options...
Papa Georgio Posted March 24 Share Posted March 24 Got a small amount of FNKO yesterday. I was too pre-occupied trying to figure out an exit time on my AMC Puts to really get too involved. Any plays on FNKO you guys are looking at or are you just day trading it? Quote Link to comment Share on other sites More sharing options...
David Dodds Posted March 24 Share Posted March 24 Just now, Papa Georgio said: Got a small amount of FNKO yesterday. I was too pre-occupied trying to figure out an exit time on my AMC Puts to really get too involved. Any plays on FNKO you guys are looking at or are you just day trading it? I am holding until they launch NFTs and re-evaluate. I think this is a 10X stock if NFT is successful. 2 Quote Link to comment Share on other sites More sharing options...
Papa Georgio Posted March 24 Share Posted March 24 2 minutes ago, David Dodds said: I am holding until they launch NFTs and re-evaluate. I think this is a 10X stock if NFT is successful. That was my plan. I read where you had mentioned it and thought it was a nice stash. I will probably increase my position once I free up some cash this week. I wish I had played GME like you. I got out on the way down from the March peak but got back in and now I am underwater a little on it. I was going to play that 200-220 range we were getting and got caught with it. 1 Quote Link to comment Share on other sites More sharing options...
dkp993 Posted March 24 Share Posted March 24 FOMO is an MF’er, GME is teaching me a lesson on it. 1 Quote Link to comment Share on other sites More sharing options...
rascal Posted March 24 Share Posted March 24 Should have sold SE. Damnit. Quote Link to comment Share on other sites More sharing options...
beef Posted March 24 Share Posted March 24 QS dropping almost 20% because they issued 13mil shares seems a bit of an overreaction. 1 Quote Link to comment Share on other sites More sharing options...
McBokonon Posted March 24 Share Posted March 24 6 minutes ago, rascal said: Should have sold SE. Damnit. I added a little today. Still think there’s a chance it might hit 175-180 but just in case. I’m not just trading it, though Quote Link to comment Share on other sites More sharing options...
Desert_Power Posted March 24 Share Posted March 24 Just now, McBokonon said: I added a little today. Still think there’s a chance it might hit 175-180 but just in case. I’m not just trading it, though Considering adding to SE and PLTR today. 4 Quote Link to comment Share on other sites More sharing options...
Johnnie Nepal Posted March 24 Share Posted March 24 1 minute ago, beef said: QS dropping almost 20% because they issued 13mil shares seems a bit of an overreaction. I was looking at this earlier today and thinking the same thing... but I'm such a noob I was questioning my calc's to figure where the settling point should be with the new shares. So, I'm just continuing to watch. 1 Quote Link to comment Share on other sites More sharing options...
beef Posted March 24 Share Posted March 24 1 minute ago, Johnnie Nepal said: I was looking at this earlier today and thinking the same thing... but I'm such a noob I was questioning my calc's to figure where the settling point should be with the new shares. So, I'm just continuing to watch. I'm holding long term for now. My average cost per share is around 40, and I have enough shares to feel comfortable too. But if it does dip below 40 I will start buying more. 1 Quote Link to comment Share on other sites More sharing options...
Swaymoney Posted March 24 Share Posted March 24 17 minutes ago, rascal said: Should have sold SE. Damnit. SE will be back with a vengeance! 1 Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted March 24 Share Posted March 24 2 hours ago, General Malaise said: Think I've had about enough of this Greyscale. It's nice that the former airline pilot now stock guru is back though. They must have had him in cryogenic stasis the last 20 years because he hasn't age a bit. Quote Link to comment Share on other sites More sharing options...
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