Replies: 31
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All-In [40969]
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SELLLLLLLLL
Jan 27, 2021, 9:47 AM
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it's a bloodbath today
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Oculus Spirit [75895]
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Well yeah, all dem rich folk are takin their
Jan 27, 2021, 9:49 AM
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profits to teach the libtards a lesson.
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All-In [40657]
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Nah, the gay bears are selling their GME
Jan 27, 2021, 9:51 AM
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because Melvin faked a balk.
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Oculus Spirit [75895]
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I don't know what any of that means.***
Jan 27, 2021, 9:52 AM
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Hall of Famer [22039]
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Heisman Winner [105886]
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I think this is how others feel when we talk EPL on the
Jan 27, 2021, 9:56 AM
[ in reply to Nah, the gay bears are selling their GME ] |
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Jounge. Those are mostly words I know, but they mean absolutely nothing to me.
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All-In [40657]
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ELI5
Jan 27, 2021, 10:03 AM
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A subreddit r/wallstreetbets noticed that a large portion of the market was short selling gamestop a few weeks back to try and make some cash and drive gamestop to bankruptcy. Those folks that noticed that, short squeezed those hedge funds and drove the stock price from about $20 on Jan 11 to $355 at opening this morning. Short sellers have lost $5 BILLION on gamestop this year, including $867 MILLION yesterday alone. The squeezers drove the market cap on gamestop to over $10 BILLION as they were on the verge of bankruptcy.
All because of a subreddit.
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Hall of Famer [22039]
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the original guys
Jan 27, 2021, 10:12 AM
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were posting about it back in Dec. of 2019. They started picking up momentum from others around Oct/Nov of last year. It was a snowball effect that hit a tipping point a few weeks back, and now institutional guys smell blood in the water so it's a bloodbath. I ####### love it.
The OG dude turned 53k into 22.5M as of close yesterday (close price of around 150). He's probably sitting on a $40M position right now, so hopefully he takes profits.
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Lot o points [163012]
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SEC ain't gonna like this - not sure they can do anything
Jan 27, 2021, 10:13 AM
[ in reply to ELI5 ] |
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about it.
Others getting "played" - Blackberry, AMC
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All-In [40657]
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Yeah, SEC was threatening to halt trading
Jan 27, 2021, 10:16 AM
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but... they cannot do that forever.
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Hall of Famer [22039]
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well...technically...these hedge funds shouldn't
Jan 27, 2021, 10:28 AM
[ in reply to SEC ain't gonna like this - not sure they can do anything ] |
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be allowed to short companies to death in an attempt to push to bankruptcy and/or "hostile takeover" to sell of assets.
but sure, the autists and dumb ##### with a few grand in their robinhood accounts are the problem....
not directed at you in particular papa g, but the rhetoric from the SEC cucks last night struck a nerve.
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All-In [40657]
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And they got caught on camera lying about closing
Jan 27, 2021, 10:34 AM
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their short position. When they really didn't.
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Lot o points [163012]
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I ain't playing these games
Jan 27, 2021, 10:41 AM
[ in reply to well...technically...these hedge funds shouldn't ] |
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just interesting to watch this play out.
And hard to believe how it is happening. Obviously there should be a limit on the amount of shares that can be sold short.
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All-In [40657]
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I don't play either
Jan 27, 2021, 10:41 AM
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But watching and pretending to play is fun.
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Hall of Famer [22039]
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i was patting myself on the back
Jan 27, 2021, 11:00 AM
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yesterday with dipping my toes into GME with 100 shares. got in around lunch and out at close, thinking it was all a ruse...
then i watched it run to 300 after Elon's tweet and wanted to hang myself.
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All-In [46905]
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That #### gonna go into freefall at $420.69***
Jan 27, 2021, 12:02 PM
[ in reply to ELI5 ] |
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All-In [48078]
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Re: SELLLLLLLLL
Jan 27, 2021, 9:54 AM
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Ironically, everyone in my family took everything out of their market investments last week. I feel relieved. I think the real estate market and the stock market are about to get crushed the next 2 years. JMO
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Hall of Famer [22039]
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^gay bear
Jan 27, 2021, 10:03 AM
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hey Carl, I'd like you to meet my friends
Janet:
JPow:
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Hall of Famer [22039]
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we got circuit breakers all over the place today boys
Jan 27, 2021, 9:55 AM
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buckle up!
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All-In [48078]
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Re: we got circuit breakers all over the place today boys
Jan 27, 2021, 10:28 AM
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I am trying to buy a house this month, but I am not buying thinking market will be hot the next 2 years.
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Oculus Spirit [81356]
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I'm still holding off.
Jan 27, 2021, 11:12 AM
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I have another 9 months on this lease, 15 at the same rent of I want it.
I'd love to see the housing market take a bit of a dip.
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CU Medallion [58612]
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I shorted big at the open this morning. I was out with
Jan 27, 2021, 10:11 AM
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a nice haul by 9:34.
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Oculus Spirit [97902]
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Pfft. 500? It's not a bloodbath until they halt trading.
Jan 27, 2021, 10:14 AM
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Trump had that happen what, twice. Think even Obama had a trading halt.
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Oculus Spirit [81356]
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Last week when you said this, it was down .57%
Jan 27, 2021, 11:10 AM
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Today, so far its down 1.07%.
Thats a "bloodbath"?
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All-In [31938]
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I wonder what is a sure fire way to tell...
Jan 27, 2021, 11:15 AM
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that someone doesn't have money in the market and doesn't normally pay attention to the market....hmm?
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All-In [46905]
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ALL IN ON NOK
Jan 27, 2021, 1:03 PM
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TAKE ME TO THE POWERBALL BOYS
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Hall of Famer [20064]
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Dow is up 7% since you posted this***
Mar 23, 2021, 4:31 PM
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All-In [34486]
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Please do this on every
Mar 23, 2021, 4:32 PM
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stonks tip, JD404®. Not just Neal's. I would like to see this on JohnFBell®'s posts too
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All-In [40969]
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LOL if you notice I always say sell
Mar 23, 2021, 4:40 PM
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AFTER the market drops and I say buy AFTER it rises. It's a joke and the exact opposite of what you should do. Dollar cost average, that way you buy the dip whether you mean to or not and you ride it up whether you mean to or not.
You probably won't be smart enough to out do the S&P so don't try. Get in a mutual fund or etf or pay to copy a fund that you like if you have enough assets to invest individual.
I invested aggressive growth IRAs 401ks for over 30 years before I started going more conservative a couple years ago. I'm still 80% equity and 20% bonds, but my equity is now S&P 500 instead of Tech and NASDAQ.
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All-In [34486]
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I don't even try to time it.
Mar 23, 2021, 5:34 PM
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I have a semi-managed fund and just kinda allocate whatever they suggest for.
I hope to one day have more time to learn about the intricacies of the different equities, forex, annuities etc., but I've got time.
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All-In [36450]
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Man I have taken a hit the last week.
Mar 23, 2021, 10:23 PM
[ in reply to Please do this on every ] |
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But a few that are really good buys right now if you want to hold for a 3 years and make 500% are PLTR, JMIA, RIDE, CCIV, NIO.
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All-In [48078]
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Re: SELLLLLLLLL
Mar 23, 2021, 5:37 PM
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Not even down 1%.
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Replies: 31
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