Capella Posted June 8 Share Posted June 8 26 minutes ago, Wild Young Billy said: Holy crap that dive was quick. Weird day Quote Link to comment Share on other sites More sharing options...
dkp993 Posted June 8 Share Posted June 8 1 minute ago, Capella said: Weird day HGEN is down, seems normal to me. 😉 1 2 Quote Link to comment Share on other sites More sharing options...
Capella Posted June 8 Share Posted June 8 12 minutes ago, dkp993 said: HGEN is down, seems normal to me. 😉 Seems to always happen after a big day. Quote Link to comment Share on other sites More sharing options...
David Dodds Posted June 8 Share Posted June 8 a live look at GME holders: https://www.youtube.com/watch?v=VzHBiXr8Dts Quote Link to comment Share on other sites More sharing options...
dkp993 Posted June 8 Share Posted June 8 3 minutes ago, Capella said: Seems to always happen after a big day. Or a day after good news, or a day after no news, or a day after a day ending in a “y”….. Call me naïve but I’m starting to think this stock game can be manipulated. Quote Link to comment Share on other sites More sharing options...
Capella Posted June 8 Share Posted June 8 1 minute ago, dkp993 said: Or a day after good news, or a day after no news, or a day after a day ending in a “y”….. Call me naïve but I’m starting to think this stock game can be manipulated. Lol I mean it did go up 12% yesterday. Down 2 ain’t a thang. Quote Link to comment Share on other sites More sharing options...
Caveman33 Posted June 8 Share Posted June 8 2 hours ago, David Dodds said: this is a margin call at a minimum. And this price likely starts triggering more and more of these. and yes, the shorts are FEARFUL of the vote count (which may get released as early as tomorrow) With all of the rule changes by the clearing houses, it's not a good time to be short stocks. Tell me about it. I'm looking forward to that vote count as I hope it will be a catalyst for the meme stocks to go boom or bust. I don't think either scenario will be damaging to the hedge funds. They are on top of this game, making money on the volatility. Quote Link to comment Share on other sites More sharing options...
Steeler Posted June 8 Share Posted June 8 33 minutes ago, David Dodds said: a live look at GME holders: https://www.youtube.com/watch?v=VzHBiXr8Dts Before the video started I got that "I JUST GOT PAID!" add Quote Link to comment Share on other sites More sharing options...
The Man With No Name Posted June 8 Share Posted June 8 (edited) I bought the spac HOL on May 18 - $10 even per share. It is taking Astra Rocket public. Yesterday they announced July 1 is when that will happen. It's up to $11.17. They have successfully launched into Space and have a contract with NASA. ASTR will be on Nasdaq 🚀🚀 Edited June 8 by The Man With No Name Quote Link to comment Share on other sites More sharing options...
McBokonon Posted June 8 Share Posted June 8 $GLBE Quote Link to comment Share on other sites More sharing options...
Chadstroma Posted June 8 Share Posted June 8 UWMC Doing what I knew they would do and I am long term buy and hold still on it. They announced that they will price match 15 different lenders by 35 basis points. Most brokers I know favor UWM but will send loans to other lenders when the pricing is just not close enough. 35 basis points is usually the striking difference that they are in. It is not a perm thing but it will gain them a number of loans this quarter. I read today that their cost per loan is significantly lower than all competitors. So, they have the advantage of being faster/easier all the time and then have the muscle to be a price leader as well. As the broker channel grows, so will UWM. As interest rates increase and there are rate compressions, UWM will continue to grow. I view them more like a tech company that does mortgages than a mortgage company. I think Wall St. is behind the curve and views them as a mortgage company and is pricing them as such. I have added to my position accordingly. 4 4 Quote Link to comment Share on other sites More sharing options...
Dwayne Hoover Posted June 8 Share Posted June 8 $KALA continuing to make gains. Everything I read makes me think this is a lucrative market as there are a lot of people that qualify for dry eye syndrome and have the more short term flare ups, of which Eysuvis is the only drug that can be prescribed. Just launched in January so if people were expecting great numbers out of the gate, think that was unreasonable. Should be a second half winner. More people starting to go to eye doctor again now that pandemic is getting behind us and also this drug is being added to more insurance plans on an ongoing basis. 1 Quote Link to comment Share on other sites More sharing options...
Chadstroma Posted June 8 Share Posted June 8 2 hours ago, David Dodds said: a live look at GME holders: https://www.youtube.com/watch?v=VzHBiXr8Dts Man.... you got to adjust your trim!!! Quote Link to comment Share on other sites More sharing options...
-OZ- Posted June 8 Share Posted June 8 Nice to see canoo ($GOEV) pop, easily my biggest gainer today. But now Wendy's is a freaking meme stonk? 🤯 Quote Link to comment Share on other sites More sharing options...
General Malaise Posted June 8 Share Posted June 8 On 5/21/2021 at 11:01 AM, General Malaise said: I'm buying the hype of Oatly.....bought 350 shares just now. Can't wait to grow a ponytail and buy my first pair of men's capris. 2 5 Quote Link to comment Share on other sites More sharing options...
Dwayne Hoover Posted June 8 Share Posted June 8 Another stock that has been absolutely pummeled that could be poised for a comeback is EVFM. They make a non hormonal birth control product. Starting to see more commericals now for their product Phexxi. It was closer to $4, a few months ago now just barely over a $1 HC Wainwright has put a price target of $4 on it as of yesterday, think it rebounds. The CEO is presenting at a conference this week 2 2 Quote Link to comment Share on other sites More sharing options...
identikit Posted June 8 Share Posted June 8 Q: What does Bezos going into space mean for Amazon stock? A: Up, up, up. Wish it was longer than 11 seconds. Quote Link to comment Share on other sites More sharing options...
Dickies Posted June 8 Share Posted June 8 I'm up 40% on WISH today. Now just need to figure out if/when to get out. 2 Quote Link to comment Share on other sites More sharing options...
caustic Posted June 8 Share Posted June 8 38 minutes ago, -OZ- said: But now Wendy's is a freaking meme stonk? 🤯 I just bought a few shares. Decent chance is this a one-day thing that I lose money on, like NOK back in January. 1 Quote Link to comment Share on other sites More sharing options...
Dwayne Hoover Posted June 8 Share Posted June 8 (edited) Draftkings is hot right now, wish I had bought more when it was under $43. Had a rough ride for a couple of weeks but it has rebounded quickly here. Flutter PDYPY (fanduel) also making some daily gains again. Edited June 8 by Dwayne Hoover Quote Link to comment Share on other sites More sharing options...
Capella Posted June 8 Share Posted June 8 4 minutes ago, Dwayne Hoover said: Draftkings is hot right now, wish I had bought more when it was under $43. Had a rough ride for a couple of weeks but it has rebounded quickly here. Flutter PDYPY (fanduel) also making some daily gains again. Yea I bought a lot right at 43 and unloaded some at profit for more Hgen...still kept half though. That was a good buy. Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted June 8 Share Posted June 8 SOFI has been a weird stock 1 1 Quote Link to comment Share on other sites More sharing options...
TripItUp Posted June 8 Share Posted June 8 Just now, JB Breakfast Club said: SOFI has been a weird stock I cashed out recently and finished up 30%ish...was happy to get that. But yeah, complete rollercoaster. Quote Link to comment Share on other sites More sharing options...
ChiefD Posted June 8 Share Posted June 8 6 minutes ago, JB Breakfast Club said: SOFI has been a weird stock SOFI, you got to let me know Should I sell or should I hold? If you say that you are mine I'll be here 'till the end of time So you got to let me know Should I sell or should I hold? It's always tease, tease, tease You're happy when I'm on my knees One day it's red and next it's green I need an answer don't be mean Well, come on and let me know Should I sell or should I hold? Should I sell or should I hold now? Should I sell or should I hold now? If I hold, there will be trouble And if I sell it will go to double So come on and let me know Should I sell or should I hold? 5 1 Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted June 8 Share Posted June 8 56 minutes ago, General Malaise said: Can't wait to grow a ponytail and buy my first pair of men's capris. Don't forget a Zildjian drum t-shirt and handle bar mustache. 1 Quote Link to comment Share on other sites More sharing options...
Capella Posted June 8 Share Posted June 8 4 hours ago, dkp993 said: HGEN is down, seems normal to me. 😉 Hell of a good close Quote Link to comment Share on other sites More sharing options...
Dwayne Hoover Posted June 8 Share Posted June 8 Another setback coming out of Lordstown Motors (RIDE), this after a nice run the last few days. Wanted to pull the trigger on puts but didn't make it happen. Damn https://www.wsj.com/articles/lordstown-motors-amends-annual-filing-with-going-concern-notice-11623181411 Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted June 8 Share Posted June 8 <tinfoil hat on> GME closed at exactly 300 a day after AMC closed at exactly 55 and GME at 280.01. Someone is demonstrating that they have complete control of the prices. <tinfoil hat off> Quote Link to comment Share on other sites More sharing options...
dkp993 Posted June 8 Share Posted June 8 38 minutes ago, Capella said: Hell of a good close Just saw. Still down but nice rally from mid day for sure. Quote Link to comment Share on other sites More sharing options...
SFBayDuck Posted June 8 Share Posted June 8 I've closed 420 (units) in business this year at work. If I quit tomorrow on 6/9 will my career 🚀? #memelife 3 2 Quote Link to comment Share on other sites More sharing options...
McBokonon Posted June 8 Share Posted June 8 $BOTY - Lingerie Fighting Championships, Inc. Seems inevitable, right? 1 1 Quote Link to comment Share on other sites More sharing options...
BassNBrew Posted June 9 Share Posted June 9 5 hours ago, Dwayne Hoover said: Another stock that has been absolutely pummeled that could be poised for a comeback is EVFM. They make a non hormonal birth control product. Starting to see more commericals now for their product Phexxi. It was closer to $4, a few months ago now just barely over a $1 HC Wainwright has put a price target of $4 on it as of yesterday, think it rebounds. The CEO is presenting at a conference this week blackdot Quote Link to comment Share on other sites More sharing options...
BassNBrew Posted June 9 Share Posted June 9 Thank you Jeff for finally delivering a good day. Probably only happened based on the news you would be out of the office in space and unable screw things up...but I'll take it. 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted June 9 Share Posted June 9 4 hours ago, Dwayne Hoover said: Another setback coming out of Lordstown Motors (RIDE), this after a nice run the last few days. Wanted to pull the trigger on puts but didn't make it happen. Damn https://www.wsj.com/articles/lordstown-motors-amends-annual-filing-with-going-concern-notice-11623181411 This is the risk of these meme/high shorted stocks. The stock prices are up because of perception of big squeezes and while yes, shorts are losing money (not exactly a new thing if a stock goes up), when a stock is being shorted a lot it usually means the price is too high like this. RIDE had more than doubled in the last few weeks before the big drop today and that was because it dropped so much from already stated big delays. With so much new competition including the big guys have trucks ready, that delay may have sunk them. People bought the stock today above $15. They lost 1/3 in a few minutes. Wouldn’t shock me to see it dive under $10 tomorrow. Quote Link to comment Share on other sites More sharing options...
ConstruxBoy Posted June 9 Share Posted June 9 6 hours ago, identikit said: Q: What does Bezos going into space mean for Amazon stock? A: Up, up, up. Wish it was longer than 11 seconds. You sound like my wife. 2 Quote Link to comment Share on other sites More sharing options...
BassNBrew Posted June 9 Share Posted June 9 5 minutes ago, ConstruxBoy said: You sound like my wife. Beat me to it...sounds exactly like your wife. 8 Quote Link to comment Share on other sites More sharing options...
ConstruxBoy Posted June 9 Share Posted June 9 Just now, BassNBrew said: Beat me to it...sounds exactly like your wife. Quote Link to comment Share on other sites More sharing options...
KGB Posted June 9 Share Posted June 9 On 6/7/2021 at 12:37 PM, KGB said: Back in some RBLX Added. New average is $92.95 Quote Link to comment Share on other sites More sharing options...
Dwayne Hoover Posted June 9 Share Posted June 9 1 hour ago, stbugs said: Wouldn’t shock me to see it dive under $10 tomorrow. Yep, if not tomorrow, at some point this week. Probably tomorrow Quote Link to comment Share on other sites More sharing options...
KGB Posted June 9 Share Posted June 9 NVDA Kinda a longer play around here. An entire month or so. Might get a bump on the split. The stock split will be payable in the form of a stock dividend. Each shareholder of record as of June 21 will receive an additional three shares of stock for every share held. The shares will be distributed after the market close on July 19, and the newly split shares will begin trading when the market opens on Tuesday, July 20. Quote Link to comment Share on other sites More sharing options...
Bob Sacamano Posted June 9 Share Posted June 9 Is nobody concerned about the ARM deal potentially getting nixed for NVDA? Last I read it seemed like a coin flip. Quote Link to comment Share on other sites More sharing options...
KGB Posted June 9 Share Posted June 9 27 minutes ago, Bob Sacamano said: Is nobody concerned about the ARM deal potentially getting nixed for NVDA? Last I read it seemed like a coin flip. Agree. Personally, I may be just riding free shares by then, Very good point though. Quote Link to comment Share on other sites More sharing options...
Buckna Posted June 9 Share Posted June 9 9 hours ago, -OZ- said: But now Wendy's is a freaking meme stonk? 🤯 That’s hilarious if true. I guess the redditors don’t realize that Wendy’s was taken over years ago by the worst of the worst of Wall Street sharks: Leveraged Buyout Private Equity. All they’re doing is helping the billionaires they purport to be sticking it too, get richer. Quote Link to comment Share on other sites More sharing options...
KGB Posted June 9 Share Posted June 9 Question. If you invest $1000 and make 10% / $100. Then sell $1000 worth and let the $100 free ride. How do taxes work? $1000-$1000 = 0 you have to pay taxes on? Quote Link to comment Share on other sites More sharing options...
Caveman33 Posted June 9 Share Posted June 9 34 minutes ago, KGB said: Question. If you invest $1000 and make 10% / $100. Then sell $1000 worth and let the $100 free ride. How do taxes work? $1000-$1000 = 0 you have to pay taxes on? I think you'd have to pay taxes on a profit of about $91 from the sale. Quote Link to comment Share on other sites More sharing options...
KGB Posted June 9 Share Posted June 9 5 minutes ago, Caveman33 said: I think you'd have to pay taxes on a profit of about $91 from the sale. But I would only sell what I bought. No profit sold. Quote Link to comment Share on other sites More sharing options...
Caveman33 Posted June 9 Share Posted June 9 38 minutes ago, Buckna said: That’s hilarious if true. I guess the redditors don’t realize that Wendy’s was taken over years ago by the worst of the worst of Wall Street sharks: Leveraged Buyout Private Equity. All they’re doing is helping the billionaires they purport to be sticking it too, get richer. WSBs likes to say "Sir, this is a Wendy's." At least they are pumping a profitable company for once. I wonder if the decline in crypto is related to people using that money for all these pumps. I feel foolish for not joining in. I didn't have faith in the herd but they are proving me wrong. Quote Link to comment Share on other sites More sharing options...
Caveman33 Posted June 9 Share Posted June 9 3 minutes ago, KGB said: But I would only sell what I bought. No profit sold. You'd have to look at the profit on shares sold. If you bought 1,000 shares at $1 each and then they rose to $1.10 each, you would sell about 910 shares to recoup your $1,000 initial investment. So $91 in profit there and the other $9 in profit would still be invested with the remaining 90 shares. If you bought shares at different prices then you could sell the shares bought at the higher price first to minimize your capital gains. I don't worry about taxes though cause I don't make profits. Someone else will correct me if I'm wrong. Quote Link to comment Share on other sites More sharing options...
KGB Posted June 9 Share Posted June 9 Chart guys? https://stockcharts.com/h-sc/ui?s=dkng Quote Link to comment Share on other sites More sharing options...
Bossman Posted June 9 Share Posted June 9 On 6/7/2021 at 9:11 PM, Bob Sacamano said: So if I'm an institution, all I have to do to keep this rolling is not vote my shares? Are they too stupid to know that? Or, .... vote to issue more shares! That way the company makes more money ... and there's plenty of shares for everybody! It's a win / win ... unless you're long and hoping for a squeeze. Quote Link to comment Share on other sites More sharing options...
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