What's your exit price/plan? Do you believe this can really go $400+ just based on the short squeeze?I mean GME's fundamentals are completely irrelevant if you're participating right now. It's a trading vehicle with a relatively strong trading case, both for potentially making (or losing) a lot of money and also for sticking it to the man that's been sticking it to retail investors for 100 years.
I bought a few just to take part. Enough that I'd be fine if they went to zero. This clown getting played on the other end of it was already convicted of huge amounts of fraud years ago and of course, got a slap on the wrist. Now he's crying to mommy that he's getting played by retail investors the same way retail investors get played by him a dozen times a week and instead of eating his loss on his garbage trade he's running to mommy for a loan and crying about how unfair it all is.
The internet people seem to think so, and when have they ever been wrong?What's your exit price/plan? Do you believe this can really go $400+ just based on the short squeeze?
If I were Charlie I would feel much better if Mr. Pickles would verify being he's from the Internet and all.The internet people seem to think so, and when have they ever been wrong?What's your exit price/plan? Do you believe this can really go $400+ just based on the short squeeze?
Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76. Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.
Was showing my wife our portfolio last night, and specifically the part that has grown a ton with the input here.Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.
dittoJust bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.
Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.
In!Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76. Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.
Only thing I see:BOXL really popped today. Any news?
Thanks for the rec here. I'm up 32% with it so far.
InJust parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76. Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.
Great volume, tooBOXL really popped today. Any news?
Thanks for the rec here. I'm up 32% with it so far.
Oookay I'm in for a hunnitJust parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76. Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.
Well I'm late to the party apparently but me too. I've yet to lose money on a SPAC lol.Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.
Curious - how did you find this one? I did a 5 day chart and got an error. It looks like today is the first trading day! You're the man!
What could go wrong?
It's a play I've been running for the past couple of months, trying to find SPACs that have some possible tie in to renewable energy or EVs and getting in in the $10s or low $11s. Some have been nice hits (ACTC up 136%, QELL up 48%, BTWN up 30%, SNPR up 14%), while others (ENVIU, VTIQU) have just ticked up a couple of points.
In for 100In!Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76. Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.
The puts I'm looking at are getting more expensive as the stock price continues to go on a tear, this is ridiculousThe prices on the calls/puts are
I was looking at the same thing. Think it's a winner but too rich for my blood.The puts I'm looking at are getting more expensive as the stock price continues to go on a tear, this is ridiculous
Yep. My kid wanted to buy some last year at $4 a share. I told him he would get more entertainment lighting his money on fire and watching it burn. OoopsThis GME stuff is just amazing. I can't look away. The melvin meltdown. All of it.
Honestly I don't have a plan. This is purely gambling money. Any losses I incur here I'll just pull out of my sports gambling account to cover. But right now I'm up like 50 bucks per share and can't decide whether to take the profits or just let it ride on the tiny chance this thing actually does squeeze to 1000.What's your exit price/plan? Do you believe this can really go $400+ just based on the short squeeze?
Every day (at least I try to) I go to spacinsider.com and go through the new listings. Usually they'll have some semi-generic language about what industries they are targeting. Then I'll dig in a little further on some/most of them to see who the management team is, their background, and if they've done SPACs before (and if so what the merger was, if there was one). This one was super generic in it's language.Curious - how did you find this one? I did a 5 day chart and got an error. It looks like today is the first trading day! You're the man!
But I recognized the name, and a little more research showed that their first SPAC merged with Lordstown Motors, so I jumped in.The new company aims to have a broad search focus but intends to identify and acquire a business that could benefit from a hands-on partner with extensive operational, capital markets and investment management experience.
It could be worse, my neighbor across the street was their VP of Accounting as of June last year their company does all it's US operation out of Southlake which is close. I'm trying to figure it up, but I figure he would be worth in the 30M range as of today had he held his options. He walked away from about 100k shares of options priced at 16, underwater, thinking he sort of made money just lighting them on fire in a way. Oops. He's probably literally puking right now. I can't even imagine.Yep. My kid wanted to buy some last year at $4 a share. I told him he would get more entertainment lighting his money on fire and watching it burn. Ooops
WTF hasn’t he sold? You’ve got to be a lunatic to not sell.Guy is sitting on 800 April 16th call $12 options. He paid 31.25 cents per option. If my math is right, that $250 investment is now worth $10,880,000.
No way to predict this. The company’s actual value would probably still be underwater. GME didn’t all of a sudden become a different company, the stock price is just being manipulated.It could be worse, my neighbor across the street was their VP of Accounting as of June last year their company does all it's US operation out of Southlake which is close. I'm trying to figure it up, but I figure he would be worth in the 30M range as of today had he held his options. He walked away from about 100k shares of options priced at 16, underwater, thinking he sort of made money just lighting them on fire in a way. Oops. He's probably literally puking right now. I can't even imagine.
sell to close......WTF is he waiting for.Guy is sitting on 800 April 16th call $12 options. He paid 31.25 cents per option. If my math is right, that $250 investment is now worth $10,880,000.
:X :XIt could be worse, my neighbor across the street was their VP of Accounting as of June last year their company does all it's US operation out of Southlake which is close. I'm trying to figure it up, but I figure he would be worth in the 30M range as of today had he held his options. He walked away from about 100k shares of options priced at 16, underwater, thinking he sort of made money just lighting them on fire in a way. Oops. He's probably literally puking right now. I can't even imagine.
Heck yea I would sell what he has. On this run-up though it doesn't matter what GME is actually worth. This thing may still just be getting started. The hedge funds haven't even started covering yet.WTF hasn’t he sold? You’ve got to be a lunatic to not sell.
GME isn’t close to worth $140, let alone $50. In its glory days, it wasn’t even worth close to this value. This is fun to watch but when you know this price is literally due to a concerted effort to set a price, you jump off with life changing money. If you get greedy then when people decide to move on, these options could expire worthless. It truly isn’t out of the question that the share price is under $12 by April.
It is pure lunacy.No way to predict this. The company’s actual value would probably still be underwater. GME didn’t all of a sudden become a different company, the stock price is just being manipulated.
True but still manNo way to predict this. The company’s actual value would probably still be underwater. GME didn’t all of a sudden become a different company, the stock price is just being manipulated.
In for 350 at 10.80.
What could go wrong?
It's a play I've been running for the past couple of months, trying to find SPACs that have some possible tie in to renewable energy or EVs and getting in in the $10s or low $11s. Some have been nice hits (ACTC up 136%, QELL up 48%, BTWN up 30%, SNPR up 14%), while others (ENVIU, VTIQU) have just ticked up a couple of points.
Replaced the 50% of the shares I sold two weeks ago at $216.:(
SE making all my accounts red today.
time to buy more.
neat systemNo way to predict this. The company’s actual value would probably still be underwater. GME didn’t all of a sudden become a different company, the stock price is just being manipulated.
Got a list? I'll drop the ones I'm in:I think I'm in about a dozen of them now, with probably 10ish of them with some possible (hopeful?) tie to renewable energy or EVs. I'm sure many of them won't go that route, or won't announce a merger at all, but with the typical two year timeframe to do so and that $10 price downside protection (not 100%, but not too many dip below that level pre-announcement), I figure it's a better place to put my "savings" cash than sitting at my bank earning .1%, even if the risk is definitely not zero.
Thank you for posting this as I would have missed this today. Sold at $211 12 days ago and bought back today at $169. Looks like I'm back in with the longs. Go Crisper!On 1/14/2021 at 1:48 PM, BassNBrew said:
Sold my CRSP today. Couldn't resist a 40% gain in two weeks. That's just plain irrational. Based on history it will hit $250 within a week. Wish you longs well, I'll join you again if it ever tests the $170s.