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2021 the year of meme stonks! THIS RIDE GOT NOWHERE TO GO BUT UP UP UP!
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Jan 27, 2021 23:07
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skooma512 posted:What if we shorted it and made mad bucks on the way down? even if you could right now (I don't think you can, most places aren't allowing you to even attempt to short the meme stocks right now), the critical always-repeated thing is "you have to bet on a time it happens" and people who thought they could do that even in this very forum have already hosed it up and lost thousands
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Jan 27, 2021 23:07
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blue squares posted:I've been working all day and pulled out early, so I haven't followed the thread. Is anyone making crazy money today? Seems like a lot of these stocks are flat today, so if you didn't buy in yesterday, you missed out? Other than that not a whole lot of movement overall
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Jan 27, 2021 23:07
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How ‘Flows Before Pros’ Is Disrupting Stock Markets Some worry that the battle between the “flows” generated by small investors and the “pros,” or professionals, are artificially pumping stocks higher in a feedback loop that could lead to a collapse. Others worry the wild trading is ruining the purpose of capital markets entirely: the efficient allocation of capital.
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Jan 27, 2021 23:07
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Relevant Tangent posted:Hey it's good to see you're back. 💜
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Jan 27, 2021 23:07
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I bought 30 shares of NAKD this morning because it was 82 cents and gently caress it. I should have bought more.
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Jan 27, 2021 23:08
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blue squares posted:I've been working all day and pulled out early, so I haven't followed the thread. Is anyone making crazy money today? Seems like a lot of these stocks are flat today, so if you didn't buy in yesterday, you missed out? nothing crazy, still new to this but looking at +$250 currently on NOK
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Jan 27, 2021 23:08
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i'm not putting any money in any of this i just want to watch the hedge funds burn
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Jan 27, 2021 23:08
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Stairmaster posted:holy gently caress nokia is eating poo poo after hours That's me in the corner That's me in the spotlight Losing my investment
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Jan 27, 2021 23:08
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Cup Runneth Over posted:what makes Nokia solid exactly? I think that is a funny part to me, Nokia and Blackberry. Most people think they are dead/dying companies because they don't sell consumer products anymore. Nokia is in the network management/business services/network hardware business and Blackberry is in enterprise security, business services and owns QNX, you probably interact with QNX all the loving time, you just have no idea because you probably don't give a poo poo about embedded real time OSs.
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Jan 27, 2021 23:09
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Ursine Catastrophe posted:even if you could right now (I don't think you can, most places aren't allowing you to even attempt to short the meme stocks right now), the critical always-repeated thing is "you have to bet on a time it happens" and people who thought they could do that even in this very forum have already hosed it up and lost thousands I mean I guess you could buy January 2023 puts?
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Jan 27, 2021 23:09
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Happy Noodle Boy posted:Radio Shack, probably. poo poo no longer even tries to make sense. For some reason Radio Shack doesn't show up. Should I just buy Nokia/AMC?
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Jan 27, 2021 23:09
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super sweet best pal posted:https://finance.yahoo.com/news/still-no-reason-invest-naked-170000887.html hey u shortie sup?
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Jan 27, 2021 23:10
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also anyone with td-ameritrade should transfer all their funds to another broker once things settle down. brokers that halt trading unilaterally like that should be punished. it will serve as a deterrence for other brokers to not halt trading.
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Jan 27, 2021 23:10
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Yossarian-22 posted:Okay I have a robin hood account at long last. Is it too late to buy AMC/Nokia? Any other hot stocks to keep an eye on? Nokia is not in the same category as the other companies, it is generally being referenced because Finland backs it up very strongly and has been doing some promising stuff with 5G and such. It's a good idea to buy in the sense that if the investor Mongol horde goes after it, they are not looking to do the same thing they are doing with Gamestop or AMC (which is to gently caress the hedges against those companies), but rather price appreciation, which can then be used to make more conventional bets (Nokia rises to 10: set to buy to 8, sell at 12, that stuff) AMC is far more similar to GME in which is shorted against and there are funds hedged against it, but not in similar scale and volume... yet. My opinion - not an advice - is that it remains to be seen how disciplined the Mongol horde stays after sacking its first metaphorical Chinese city, which is the fundamental (lmao) factor of success of this approach: if the wealthier people after GME decide to bankroll on the "gently caress you wall street" and buy big to shore up the larger horde, it is guaranteed to be another killing, albeit in a lesser scale but still very much profitable
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Jan 27, 2021 23:10
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So how do you guys trade stocks? I turn all the lights off, put on a red robe and play this loudly. https://www.youtube.com/watch?v=ZLsX9WUdYnU Can't wait to become one with the database banking servers.
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Jan 27, 2021 23:10
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mila kunis posted:How ‘Flows Before Pros’ Is Disrupting Stock Markets well that's an easy fix, make it so that if you buy a share in a company, you're locked out of selling any shares in that company for a month or a few capital will have to allocate itself efficiently into something more useful than stock market speculation
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Jan 27, 2021 23:11
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Schnorkles posted:i'm not putting any money in any of this i just want to watch the hedge funds burn I was planning on watching GME from the sidelines when it was first rising. Decided to jump in last week, now im just sticking it out to gently caress them over and do my part, I might lose $500 but they are losing billions. gently caress 'em
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Jan 27, 2021 23:11
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yes! nokia broke seven dollars!!!!!
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Jan 27, 2021 23:11
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Yossarian-22 posted:For some reason Radio Shack doesn't show up. Should I just buy Nokia/AMC? nokia seems to be holding steady and I've had less issues with it. was going down but now it's above what it was at close.
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Jan 27, 2021 23:12
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blue squares posted:I've been working all day and pulled out early, so I haven't followed the thread. Is anyone making crazy money today? Seems like a lot of these stocks are flat today, so if you didn't buy in yesterday, you missed out? depends if you believe in the $1000 moonshot or not. most of the big jump has been on open, not during the day
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Jan 27, 2021 23:12
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Shear Modulus posted:lol if this is what gets section 230 repealed quote:In a hearing on her nomination for Commerce Department secretary on Tuesday, Rhode Island Governor Gina Raimondo told lawmakers that she will pursue changes to Section 230 if confirmed. libs have been cheer-leading for repealing 230 for awhile now, the only reason there was tepid opposition was because big wet daddy was also for it which was persona-non-grata. now hes out of the picture biden, with very helpful backing of republicans whom are mad about "conservative censorship" and all the libs who want to stop "unwoke hatespeech and russian bots corrupting democracy", it's pretty closely on the chopping block https://www.theverge.com/2021/1/26/22250746/biden-gina-raimondo-commerce-secretary-section-230
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Jan 27, 2021 23:12
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hobbesmaster posted:I mean I guess you could buy January 2023 puts? please don't goonrades for real don't do options
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Jan 27, 2021 23:13
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so are amc and nok gonna go up overnight or should i sell
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Jan 27, 2021 23:13
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Wraith of J.O.I. posted:so are amc and nok gonna go up overnight or should i sell yes, unless they don't, in which case no
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Jan 27, 2021 23:14
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Okay, so if you buy a put option the option doesn't have to be in the money when you sell it, just a better bet than when you purchased it, is that right?
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Jan 27, 2021 23:14
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Stairmaster posted:wont that piss off middle class investors and kill confidence doing anything abnormal will kill Number dead, because Number can only breathe while it's moving and Number can only go up
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Jan 27, 2021 23:14
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robinhood keeps saying its trying but failing to cancel my limit sell, for the last hour stonks
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Jan 27, 2021 23:15
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how is blockbuster still unresolved after 10 years, we’re not talking about Lehman brothers here
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Jan 27, 2021 23:15
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the SEC should regulate the fact that schnorkles and cumshitter have the same av. hosed up imo.
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Jan 27, 2021 23:15
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Yossarian-22 posted:For some reason Radio Shack doesn't show up. Should I just buy Nokia/AMC? Radio Shack is now privately owned by Retail Ecommerce Ventures, some loving vulture company that is buying up every single ailing store brand and... doing gently caress all with them, I guess. "Something something THE COMING TRILLION DOLLAR WEALTH TRANSFER". No, seriously. https://www.retailecommerceventures.com
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Jan 27, 2021 23:15
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Xaris posted:good news Killing social media because people say bad things about them lmao
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Jan 27, 2021 23:15
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Dolphin posted:Okay, so if you buy a put option the option doesn't have to be in the money when you sell it, just a better bet than when you purchased it, is that right? well if it's close to the closing date and not in the money it will be basically worth zero. But yes, you can sell it (which is what you should do). There's a time (theta) and volatility premium on every option
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Jan 27, 2021 23:16
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I'm not going to name the stock because it would be idiotic to invest in it and I am not suggesting anyone even remotely consider it... But there is a public oil and gas company doing energy exploration in Israel. You may ask yourself, why would an oil and gas company be doing energy exploration in Israel, they don't have any oil and gas. Well just about every scientist in oil & gas would agree with you, but the founder had a biblical vision that god provided oil & gas to the Jewish people, so he was able to form a public company and sell shares in a oil & gas company to Christians that believe his biblical vision because WTF? Three Olives has issued a correction as of 23:18 on Jan 27, 2021 |
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Jan 27, 2021 23:16
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What a day. I made some guaranteed money on AMC by buying in yesterday, and accidentally bought Nokia at $7.50 during that spike (forgetting to make it a limit order), so I'm ahead about 700 bucks. But I'm happy to let that one ride along with the rest of my AMC shares. It's totally riveting and how the gently caress do people do this for 5 days a week. No wonder they all do coke
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Jan 27, 2021 23:16
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Dolphin posted:Okay, so if you buy a put option the option doesn't have to be in the money when you sell it, just a better bet than when you purchased it, is that right? dont do options
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Jan 27, 2021 23:16
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Gazpacho posted:how is blockbuster still unresolved after 10 years, we’re not talking about Lehman brothers here It takes a long time to liquidate all these dvds brotha
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Jan 27, 2021 23:16
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Wraith of J.O.I. posted:so are amc and nok gonna go up overnight or should i sell I dunno if it is the same worldwide but afterhours trading is basically big institutional firms playground time and not indicative of the mob rule mania moment we are living in so hedge funds can do maneuvers to try and scare small buyers and stuff like that
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Jan 27, 2021 23:16
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Nothus posted:Killing social media because people say bad things about them lmao (actual big social media will probably be fine, they have enough
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Jan 27, 2021 23:17
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Gazpacho posted:how is blockbuster still unresolved after 10 years, we’re not talking about Lehman brothers here i assume the mafia is involved
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Jan 27, 2021 23:17
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