Stock Thread

[Charlie Harper 1,222]

2 hours ago, FreeBaGeL said:

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.

What's your exit price/plan? Do you believe this can really go $400+ just based on the short squeeze?

[Sideshow Bob 869]

6 minutes ago, Charlie Harper said:

What's your exit price/plan? Do you believe this can really go $400+ just based on the short squeeze?

The internet people seem to think so, and when have they ever been wrong?

[2Squirrels1Nut 2,510]

7 minutes ago, Sideshow Bob said:

15 minutes ago, Charlie Harper said:

What's your exit price/plan? Do you believe this can really go $400+ just based on the short squeeze?

The internet people seem to think so, and when have they ever been wrong?

If I were Charlie I would feel much better if Mr. Pickles would verify being he's from the Internet and all.

[jamny 6,596]

BOXL really popped today. Any news?

Thanks for the rec here. I'm up 32% with it so far.

[SFBayDuck 7,379]

Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76.  Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.

[-OZ- 8,353]

SE making all my accounts red today. 

time to buy more.

[NajehHejan 429]

5 minutes ago, SFBayDuck said:

Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76.  Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.

Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.

[ChiefD 19,793]

9 minutes ago, NajehHejan said:

Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.

Was showing my wife our portfolio last night, and specifically the part that has grown a ton with the input here. 

Her: Where are you learning about this stuff? You've never looked at this with me before.

Me: My football nerd friends.

Her: Oh, ok. (shrugs and walks away)

 

(she's used to me getting good info from these boards over the years.)

 

[urbanhack 12,447]

12 minutes ago, NajehHejan said:

Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.

ditto

[SFBayDuck 7,379]

22 minutes ago, NajehHejan said:

Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.

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.

 

Edited January 26 by SFBayDuck

[caustic 4,120]

24 minutes ago, SFBayDuck said:

Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76.  Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.

In!

[Nigel 3,607]

Trimmed a bunch of stuff over the past week, and more today, which left me around 20% cash. Added DHHCU (why not?), some more DIS (cuz Todem likes it at this price) and some more SE and PTON on dips. 

I think PTON is going to crush earnings, and there are still enough naysayers out there that I don't think them doing so is already built in. We'll see. 

Also, it killed me to shed some BLDP. I still have a decent amount but wouldn't mind it pulling back so I can reload.

[Sideshow Bob 869]

Jeebus, I thought SE was down 15% or so based on the posts in here.

[Gawain 2,298]

There was a day in 2008 as financial markets were in turmoil and short sellers became entrenched that Volkswagon became the most valuable company in the world. Not saying that will happen with GameStop, but there is a precedent here.

[The Man With No Name 1,146]

40 minutes ago, jamny said:

BOXL really popped today. Any news?

Thanks for the rec here. I'm up 32% with it so far.

Only thing I see:

--Analyst Actions: Alliance Global Partners Adjusts Boxlight PT to $5 From $4, Maintains Buy Rating

BY MT Newswires
— 10:30 AM ET 01/26/2021

10:30 AM EST, 01/26/2021 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe.

[pmedina 116]

37 minutes ago, SFBayDuck said:

Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76.  Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.

In 🤷🏻‍♂️

[Sideshow Bob 869]

42 minutes ago, jamny said:

BOXL really popped today. Any news?

Thanks for the rec here. I'm up 32% with it so far.

Great volume, too

[[icon] 10,051]

48 minutes ago, SFBayDuck said:

Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76.  Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.

Oookay I'm in for a hunnit

[CR69 1,518]

48 minutes ago, NajehHejan said:

Just bought 500 at market order because SFBayDuck from the internet thinks it's a good buy.

Well I'm late to the party apparently but me too. I've yet to lose money on a SPAC lol. 

[NajehHejan 429]

45 minutes ago, SFBayDuck said:

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.

 

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!

[2Squirrels1Nut 2,510]

49 minutes ago, caustic said:

1 hour ago, SFBayDuck said:

Just parked some cash in SPAC Diamond Head Holdings, DHHCU, at $10.76.  Their first SPAC, Diamond Peak, ended up merging with Lordstown Motors.

In!

In for 100

[Dwayne Hoover 520]

3 hours ago, Worm said:

The prices on the calls/puts are  

The puts I'm looking at are getting more expensive as the stock price continues to go on a tear, this is ridiculous

 

[The Man With No Name 1,146]

Up 4.35% in my Schwab account 😃

Down .017% in my Fidelity account 🙁

[2Squirrels1Nut 2,510]

1 minute ago, Dwayne Hoover said:

The puts I'm looking at are getting more expensive as the stock price continues to go on a tear, this is ridiculous

 

I was looking at the same thing.  Think it's a winner but too rich for my blood.

[shades 272]

It's insane. It might be a movie someday. Maybe they can get Christian Bale to reprise his role as Michael Burry. 

No idea what's going to happen by Friday, it could be $15, it could hit $1500. 

[culdeus 7,531]

This GME stuff is just amazing.  I can't look away.  The melvin meltdown.  All of it.

 

[2Squirrels1Nut 2,510]

2 minutes ago, culdeus said:

This GME stuff is just amazing.  I can't look away.  The melvin meltdown.  All of it.

 

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

[shades 272]

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. 

[FreeBaGeL 9,380]

1 hour ago, Charlie Harper said:

What's your exit price/plan? Do you believe this can really go $400+ just based on the short squeeze?

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.

EDIT: More like $34/share now 30 seconds later, lol.

Edited January 26 by FreeBaGeL

[culdeus 7,531]

I mean we are talking about someone bidding up Radio Shack maybe a year before it completely goes bankrupt, to squeeze someone on the right side of the trade with leverage.  

Can't look away, for a second.  

 

 

[SFBayDuck 7,379]

13 minutes ago, NajehHejan said:

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!

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.

Quote

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.

But I recognized the name, and a little more research showed that their first SPAC merged with Lordstown Motors, so I jumped 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.

[culdeus 7,531]

3 minutes ago, 2Squirrels1Nut said:

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

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.

[stbugs 3,397]

4 minutes ago, shades said:

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. 

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. 

[stbugs 3,397]

1 minute ago, culdeus said:

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.

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.

[Todem 5,199]

11 minutes ago, shades said:

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. 

sell to close......WTF is he waiting for.

[2Squirrels1Nut 2,510]

3 minutes ago, culdeus said:

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.

[McBokonon 3,745]

Almost everything I have is either up or down at least 3%.

[FreeBaGeL 9,380]

4 minutes ago, stbugs said:

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. 

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. 

I bet every one of those giant flushes today are Melvin putting their new $2.75bn to work to try and scare people off of it.  They're probably in even deeper now than they were 24 hours ago.

The crazy thing is the buying today has been far more organic than the selling.  Slow, steady grind upwards all day long, only interrupted by clearly manufactured massive flushes straight into downside halts that don't affect the price trend at all.

No way I would buy at these levels, but I'm hodling the shares I've got now.  That last failed manufactured flush convinced me.

Or it could be over in an hour.  Who knows.  But it's fun.

Edited January 26 by FreeBaGeL

[shades 272]

1 minute ago, Todem said:

sell to close......WTF is he waiting for.

"YOLO"

[Todem 5,199]

Just now, stbugs said:

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 is pure lunacy. 

 

[2Squirrels1Nut 2,510]

2 minutes ago, stbugs said:

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 man

[pmedina 116]

In NOK at the close with some gambling money. 

[Sand 6,157]

1 hour ago, SFBayDuck said:

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 350 at 10.80.  

Speaking of SPACs, kinda pissed at Chamath for playing in SPACs that aren't his.  Chamath, buddy, get something good to slide into IPOD and IPOF, ok?  Thanks, bud.

[BassNBrew 11,598]

1 hour ago, -OZ- said:

SE making all my accounts red today. 

time to buy more.

Replaced the 50% of the shares I sold two weeks ago at $216.

[urbanhack 12,447]

13 minutes ago, stbugs said:

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.

neat system

[Sand 6,157]

39 minutes ago, SFBayDuck said:

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.

Got a list?  I'll drop the ones I'm in:

IPODU, IPOEU, IPOFU, BTWN, SVFAU, NGABU, DHHCU.  IPOC became CLOV and it's up about 40% for me, as well.

I've been putting in money into stuff based on the people involved.  Chamath (IPO stuff), Thiel (BTWN), Softbank (SVFAU), etc.  NGABU is the second one from the folks who did Lion Motors.  Betting on people I think are the big ##### in the space, essentially.

Also, does anyone know of a good article on the warrant part of all these?  I need to figure out if I want to split those out at some point or if the units are priced appropriately compared to the common.

Edited January 26 by Sand

[ChiefD 19,793]

13 year old's $94 out of his piggy bank is now worth $164 as of the close today.

[BassNBrew 11,598]

5 hours ago, kodycutter said:

Quote

 

   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.

 

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!

[culdeus 7,531]

25 minutes ago, stbugs said:

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.

I'll pass that on. 

[2Squirrels1Nut 2,510]

9 minutes ago, ChiefD said:

13 year old's $94 out of his piggy bank is now worth $164 as of the close today.

It's a great lesson.  As GM says, you gotta make that money sweat.