Board 8 > Stock Topic 15

Topic List
Page List: 1 ... 3, 4, 5, 6, 7, 8, 9, 10
Lopen
01/27/21 4:41:52 PM
#302:


After hours means you can't buy or sell options and buy/sell volumes are generally lower due to less people being around and keeping buy/sell orders up during after hours

That's pretty much it. If you buy stock after hours be sure to set a price limit it's easy to get tricked into buying a bunch of overpriced shares because of the low share volumes.

---
No problem!
This is a cute and pop genocide of love!
... Copied to Clipboard!
Sunroof
01/27/21 4:46:57 PM
#303:


Its not really clear who is buying/selling stocks AH and thus driving them up or down so much. At least not to me.
... Copied to Clipboard!
Colegreen_c12
01/27/21 4:54:33 PM
#304:


it's not hard to get AH access as far as i can tell, but you do usually have to request it.

I will say that it usually corresponds with how the stock will open but not always. A stock can be down in extended hours and then open up or vis-versa.

---
DPOblivion beat us all.
... Copied to Clipboard!
red sox 777
01/27/21 4:55:45 PM
#305:


I ended up closing 2/3 of my GME position from this morning over the course of today. I feel a little spooked. But also, I thought about it from a risk/reward point of view and it isn't nearly as good a bet now as it was before. 1000 is only a tripling away from here. And whereas before one could reason that GME probably could maintain a floor at $40 or so even if the momentum run ended, that is such a small percentage of the value now that the risk is a lot higher than previously. And my risk in dollars is higher too. Also, Chamath closed his position.

Finally, I can't shake the thought that some of the hedge funds maintaining these short positions must have some exit plan in mind. They can't be that stupid as to keep doubling down on a position headed for negative infinity, can they? Well, I left enough to enjoy a further surge if it happens but not to feel too upset about the loss if it drops from here.

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
Nanis23
01/27/21 4:57:01 PM
#306:


Can we talk about "normal" stocks for a bit

TSLA fucked up earnings
FB earnings were "fine"
AAPL earnings were great but "it's priced in lmao" fuck this shit

Gotta love when a stock goes up after earnings it's because of good earnings but when it doesn't "it's priced in" or "sell the news"

---
wololo
... Copied to Clipboard!
turbopuns3
01/27/21 4:57:14 PM
#307:


LKNCY is about double from what I bought in at. Nice.
... Copied to Clipboard!
Colegreen_c12
01/27/21 5:00:31 PM
#308:


Nanis23 posted...
Can we talk about "normal" stocks for a bit

AMD has great earnings but dropped for some reason so i bought up to 100 and solve a covered call to bring my cost basis down

---
DPOblivion beat us all.
... Copied to Clipboard!
Tirofog
01/27/21 5:04:45 PM
#309:


Got in on NAKD at 82 cents a share and it's more than doubled in price today - feels good man.

---
I'm just here to post something barely relevant, then fade back into the shadows. It's a tough job, but BKSheikah has to do it.
... Copied to Clipboard!
Sunroof
01/27/21 5:08:50 PM
#310:


Nice find on NAKD!

A bit alarmed that AMC is still double digit red.
... Copied to Clipboard!
red sox 777
01/27/21 5:09:15 PM
#311:


Nanis23 posted...
Can we talk about "normal" stocks for a bit

TSLA fucked up earnings
FB earnings were "fine"
AAPL earnings were great but "it's priced in lmao" fuck this shit

Gotta love when a stock goes up after earnings it's because of good earnings but when it doesn't "it's priced in" or "sell the news"

Truth be told trading GME has been so exhausting emotionally and time-consuming that I haven't really paid attention to any of my holdings other than GME and SPCE this week. SPCE since it's my biggest holding and also been having a great run. The other movements don't seem to register very much on the overall profit/loss compared to those two.

Globally I see this week as very possibly analogous to that week in June when GNUS and NKLA went crazy. Fortunately, I don't need to sell stocks to take risk off the table because I haven't bought anything with the GME sale proceeds yet, which have grown the overall account size. Will be looking for opportunities.

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
red sox 777
01/27/21 5:10:24 PM
#312:


Sunroof posted...
Nice find on NAKD!

A bit alarmed that AMC is still double digit red.

I hope you saved some of the gains from yesterday on AMC dry and reentered with a smaller position.

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
Lazy_Haar
01/27/21 5:10:50 PM
#313:


I've never gotten into stocks before, always meant to, and all of this hubaloo is reminding me that I still need to look into it. Is there a good "beginner's guide" of sorts somewhere for this, e.g. something safe to invest in while I figure out how everything works? I'm looking into using Robinhood, since transfers seem to be free, but if those of you with experience have another suggestion, I'd be grateful for the advice.

I'm also trying not to get swept into the GME madness, but it's tempting. Being new to this and also a complete idiot, however, I'm telling myself that, since it's so alluring, it's not a good idea. Are people still expecting it to rise?

---
Brave Exvius: 591,011,598 - Steam ID: _goose__
Switch FC: SW-1811-0140-1839 - XBL: ElusiveCoffee
... Copied to Clipboard!
neonreaper
01/27/21 5:11:05 PM
#314:


NKLA has had a fun week this week as well :)

of course I only have a very modest amount just so I can see it when I open my app and think of the good timez

---
Donny: Are they gonna hurt us, Walter?
Walter: No, Donny. These men are cowards.
... Copied to Clipboard!
Sunroof
01/27/21 5:16:15 PM
#315:


I put $12k into AMC, $5k into GME and NOK.
... Copied to Clipboard!
Sunroof
01/27/21 5:17:06 PM
#316:


Its looking pretty bad for GME and AMC at the moment.
... Copied to Clipboard!
masterplum
01/27/21 5:17:57 PM
#317:


Sunroof posted...
Its looking pretty bad for GME and AMC at the moment.

Oh did something happen to AMC in the last hour?

Looks

No, just Moonroof Moonroofing

---
... Copied to Clipboard!
StartTheMachine
01/27/21 5:17:58 PM
#318:


Sunroof posted...
Nice find on NAKD!

A bit alarmed that AMC is still double digit red.

It's never gone down more than 30% after a 300% day.

That's some of the strongest support you're ever likely to see. Pretty fucking amazing.

---
- Blur -
Welcome to your Divinity.
... Copied to Clipboard!
ExThaNemesis
01/27/21 5:18:42 PM
#319:


Why was it going crazy in a positive direction until literally right at 4pm it turned the opposite direction. Co-ordinated dump?

---
"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
... Copied to Clipboard!
red sox 777
01/27/21 5:19:20 PM
#320:


Lazy_Haar posted...
I've never gotten into stocks before, always meant to, and all of this hubaloo is reminding me that I still need to look into it. Is there a good "beginner's guide" of sorts somewhere for this, e.g. something safe to invest in while I figure out how everything works? I'm looking into using Robinhood, since transfers seem to be free, but if those of you with experience have another suggestion, I'd be grateful for the advice.

I'm also trying not to get swept into the GME madness, but it's tempting. Being new to this and also a complete idiot, however, I'm telling myself that, since it's so alluring, it's not a good idea. Are people still expecting it to rise?

It's late in the game on GME. It was a once-in-a-decade find at $4, an amazing investment at $20, a good trade at $65, still a good trade at $100. And now......well.....I think it's still a good bet, but very risky. You could double your money, you could also lose 90%+. It's not a great way to learn about investing because this kind of thing is super rare. The last big short squeeze of this scale was Volkswagen in 2008.


---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
Sunroof
01/27/21 5:21:06 PM
#321:



... Copied to Clipboard!
Sunroof
01/27/21 5:21:41 PM
#322:


masterplum posted...
Oh did something happen to AMC in the last hour?

Looks

No, just Moonroof Moonroofing

It and GME are down double digits! That hasnt happened before.
... Copied to Clipboard!
red sox 777
01/27/21 5:23:49 PM
#323:


BS rule changing has happened before:

https://memphismuseums.wordpress.com/2014/08/05/clarence-saunders-corners-himself-in/

This is about a corner that happened in 1923. It should have crushed the shorts. Instead, NYSE changed the rules and delisted the stock.

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
StartTheMachine
01/27/21 5:26:27 PM
#324:


Sunroof posted...
It and GME are down double digits! That hasnt happened before.

You're telling me that GME and AMC never swung 20% all day today?

...

sir please go get drunk and stop looking at your stocks on your phone

---
- Blur -
Welcome to your Divinity.
... Copied to Clipboard!
CoolCly
01/27/21 5:29:01 PM
#325:


neonreaper posted...
I have about 25% of my 'savings' in a bank account and 75% in stocks. I don't have any real explanation beyond "That feels about right to me"


this is exactly the right thing to do for a normal person. 3-6 month emergency fund in cash and contribute further savings to safe investments that will hopefully grow 4-10% per year. Within the stocks, you probably want 80% to be in safe ETF's that will keep pace with the market. If you have a short term goal like down payment on a house though you can justify keeping more cash out of the market, since downturns in the market can happen and you don't want to withdraw during those times before recovery.

I'm very concerned that almost everybody I know IRL, family and friends... aren't doing either of these. I'm thinking about reaching out to people to offer if they are interested, help on how to get monthly spending under control to work on these, but I'm not sure how to do it without it feeling like I'm selling something or that I'm lording my supreme accounting knowledge over them.

I've tried this with my parents and my closest friends and even when trying to be diplomatic as possible, people still get very defensive about their habits and why their situation is the way it is (and can't be changed). I can't imagine extended relatives and looser friends will be better. I'm worried about their ability to retire, though....

---
The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG
... Copied to Clipboard!
StartTheMachine
01/27/21 5:31:28 PM
#326:


I have 3 grand in the bank and over 100k in my Ameritrade account now, 50k thanks to today.

But after I sell AMC and BB I'm putting at least 20k in the bank. Enough money to bay the bills for a decent chunk of time to come.

---
- Blur -
Welcome to your Divinity.
... Copied to Clipboard!
CoolCly
01/27/21 5:31:46 PM
#327:


StartTheMachine posted...
You're telling me that GME and AMC never swung 20% all day today?

...

sir please go get drunk and stop looking at your stocks on your phone


Yeah, I saw GME go up and down between $350 and $300 many times today, that's just the nature of what's happening now.

Utlimately it doesn't matter if the short squeeze happens on friday, but being up to $375 today already does make me wonder just how high it can go by Friday when the actual catalyst occurs....

---
The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG
... Copied to Clipboard!
greengravy294
01/27/21 5:33:34 PM
#328:


sounds like its time to buy this nice 10% dip on amd

---
... Copied to Clipboard!
Sunroof
01/27/21 5:33:53 PM
#329:


I meant AH.
... Copied to Clipboard!
greengravy294
01/27/21 5:41:06 PM
#330:


maybe tomorrow ill buy ONE share of gamestonk idk

---
... Copied to Clipboard!
Sunroof
01/27/21 5:47:44 PM
#331:


Man NAKD is crushing it AH.
... Copied to Clipboard!
bassistsjk
01/27/21 5:52:39 PM
#332:


Sunroof posted...
Man NAKD is crushing it AH.
Greengravy wit the hot tip. The hell is with this after hours movement tho? Crazy
... Copied to Clipboard!
ExThaNemesis
01/27/21 5:56:36 PM
#333:


fuck it I took everything out of my crypto and put it into GME let's go to the moon boys

---
"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
... Copied to Clipboard!
neonreaper
01/27/21 5:57:20 PM
#334:


I like my crypto too much to do something like that

---
Donny: Are they gonna hurt us, Walter?
Walter: No, Donny. These men are cowards.
... Copied to Clipboard!
greengravy294
01/27/21 5:58:09 PM
#335:


I honestly have no clue. I just saw it as a funny ticker on WSB.

---
... Copied to Clipboard!
ExThaNemesis
01/27/21 5:58:52 PM
#336:


neonreaper posted...
I like my crypto too much to do something like that

don't worry I'll be back after Friday with more.

---
"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
... Copied to Clipboard!
StartTheMachine
01/27/21 6:08:33 PM
#337:


... Copied to Clipboard!
Sunroof
01/27/21 6:13:51 PM
#338:


Rofl AOC
... Copied to Clipboard!
Lopen
01/27/21 6:14:54 PM
#339:


red sox 777 posted...
BS rule changing has happened before:

https://memphismuseums.wordpress.com/2014/08/05/clarence-saunders-corners-himself-in/

This is about a corner that happened in 1923. It should have crushed the shorts. Instead, NYSE changed the rules and delisted the stock.

I feel like this is almost a reasonable move

Like if WSBers were working in collaboration with Gamestop insiders I could see there being some sort of wrongdoing and a justification for giving the shorts a reprieve

This is just a bunch of randos buying a stock because HODL so it seems a lot harder to really justify by any stretch

---
No problem!
This is a cute and pop genocide of love!
... Copied to Clipboard!
StartTheMachine
01/27/21 6:19:00 PM
#340:


Nah this is a bankrupt the rich movement and I'm on board

guys I'm becoming one of them

oh well HODL gang

---
- Blur -
Welcome to your Divinity.
... Copied to Clipboard!
Lopen
01/27/21 6:19:05 PM
#341:


Haha Robinhood told me AMC involves a lot of RISK and to be careful lol

---
No problem!
This is a cute and pop genocide of love!
... Copied to Clipboard!
StartTheMachine
01/27/21 6:20:21 PM
#342:


RH doing it too huh?

Wall Street pulling out all the stops, people already talking about "bailing out" hedge funds. This will only make the movement stronger.

---
- Blur -
Welcome to your Divinity.
... Copied to Clipboard!
Lopen
01/27/21 6:21:41 PM
#343:


Well Robinhood didn't suspend any trading or anything like that it just said to BE CAREFUL with $AMC and understand what I have cause it's VERY VOLATILE right now.

---
No problem!
This is a cute and pop genocide of love!
... Copied to Clipboard!
red sox 777
01/27/21 6:22:19 PM
#344:


Lopen posted...
I feel like this is almost a reasonable move

Like if WSBers were working in collaboration with Gamestop insiders I could see there being some sort of wrongdoing and a justification for giving the shorts a reprieve

This is just a bunch of randos buying a stock because HODL so it seems a lot harder to really justify by any stretch

But Lopen. You gotta remember, in 1923 insider trading was completely and perfectly legal!

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
red sox 777
01/27/21 6:26:20 PM
#345:


So according to what appear to be reputable sources (Bloomberg and Citron Research's Twitter account), Melvin Capital escaped from GME with heavy losses but without going bankrupt and Citron closed most of their short position under $100, at a loss of only 100%. Andrew Left looks so so so much happier now than in the video he made last week about how it was going back to $20. I imagine he's not stressed out about going bankrupt anymore.

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
CoolCly
01/27/21 6:29:27 PM
#346:


Uh oh - is the short interest being still in effect not actually true? Or is it just not these guys

---
The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG
... Copied to Clipboard!
greengravy294
01/27/21 6:39:45 PM
#347:


wall street bets is private

FUCK

---
... Copied to Clipboard!
StartTheMachine
01/27/21 6:40:08 PM
#348:


Lopen posted...
Well Robinhood didn't suspend any trading or anything like that it just said to BE CAREFUL with $AMC and understand what I have cause it's VERY VOLATILE right now.

Ameritrade only suspended trading of the WSB companies for what seemed like an hour of so. I imagine they feared lawsuits if they totally stopped allowing trading on them.

---
- Blur -
Welcome to your Divinity.
... Copied to Clipboard!
StartTheMachine
01/27/21 6:42:03 PM
#349:


greengravy294 posted...
wall street bets is private

FUCK
Oh shit

How do I get in?

Uh this is worrying since I was basically following their playbook

---
- Blur -
Welcome to your Divinity.
... Copied to Clipboard!
Sunroof
01/27/21 6:43:42 PM
#350:


Well its all over now guys anyone who still has money in those stocks is going to lose it including me
... Copied to Clipboard!
greengravy294
01/27/21 6:44:02 PM
#351:


I don't know, I was seeing it floated around that content creators would be restricted w/o 1k karma

---
... Copied to Clipboard!
Topic List
Page List: 1 ... 3, 4, 5, 6, 7, 8, 9, 10