Current Events > Stock Market General #34.

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TheGoldenEel
05/26/21 11:00:30 AM
#51:


Master Kazuya posted...
Nice, I'm up 6k on AMC rn
Nice job

unfortunately I cant go back in time and have bought the same amount as you at the same price, so Ill take $250 on a $700 investment

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Trumpo
05/26/21 11:05:55 AM
#52:


NeonOctopus posted...
Is the squeeze being squoze?
Ask that next week
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Master Kazuya
05/26/21 11:07:48 AM
#53:


PatrickMahomes posted...
down huge

Don't play with money you can't afford to lose

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LastTomorrow
05/26/21 11:28:24 AM
#54:


I have two stocks in AMC and its close to 40 now. Lol

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fan357
05/26/21 11:29:52 AM
#55:


AMC at 19 hot damn.

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vbty3
05/26/21 11:31:24 AM
#56:


Yall know you can set stop loss, limit, and trailing stop orders right?

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krazychao5
05/26/21 11:31:52 AM
#57:


i think you should probably sell amc and gme by end of friday, judging by the spikes we've have the past few months. seems like thursday is when it hits the high, friday loses some of those gains, and opens monday way down.

just my guess based on how this has played out before

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PatrickMahomes
05/26/21 11:32:13 AM
#58:


Master Kazuya posted...
Don't play with money you can't afford to lose
Not the same thing man... just because it's "play money" doesn't mean you can't also be "down huge"

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CableZL
05/26/21 11:59:14 AM
#59:


krazychao5 posted...
i think you should probably sell amc and gme by end of friday, judging by the spikes we've have the past few months. seems like thursday is when it hits the high, friday loses some of those gains, and opens monday way down.

just my guess based on how this has played out before

I'm thinking theaters are going to start gaining steam now that stuff is opening back up. Also, A Quiet Place 2 is in theaters this weekend, so I'm hoping that means good things for AMC.

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Lebronwon
05/26/21 12:03:20 PM
#60:


Guess I stopped buying meme stocks at the worst time. Should have bought AMC instead of CRWD and other tech stocks. CRWD did good and is up 20% in two weeks but could have had 88% gains in two weeks with AMC if I YOLOd into the memes.

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fan357
05/26/21 12:09:10 PM
#61:


I made 1100 bucks off AMC when it went to 14 bucks the last time. Was gonna get back in but it didnt drop low enough. Damn!

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WingsOfGood
05/26/21 12:10:58 PM
#62:


Lebronwon posted...
Guess I stopped buying meme stocks at the worst time. Should have bought AMC instead of CRWD and other tech stocks. CRWD did good and is up 20% in two weeks but could have had 88% gains in two weeks with AMC if I YOLOd into the memes.

When people keep saying the meme is over... you know it is not over yet.

Not financial advise.
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Lebronwon
05/26/21 12:22:32 PM
#63:


WingsOfGood posted...
When people keep saying the meme is over... you know it is not over yet.

Not financial advise.

I used that logic with tech and loaded up on them. Media was saying tech is dead buy "value". Im up 25% on those tech/growth I bought but the meme stocks could have given me like 90% gains in two weeks. I guess the bright side im in the green and that all that matters but could have had more if I didnt diversify and just YOLOd into memes like I did in January when the first run up happened.

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TheGoldenEel
05/26/21 12:26:59 PM
#64:


Got about a grand free with my amc sale

want to put it in something a bit more stable now but not sure what

very little of my holdings are doing well overall rn haha. Need some green

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WingsOfGood
05/26/21 12:29:49 PM
#65:


Lebronwon posted...
I used that logic with tech and loaded up on them. Media was saying tech is dead buy "value". Im up 25% on those tech/growth I bought but the meme stocks could have given me like 90% gains in two weeks. I guess the bright side im in the green and that all that matters but could have had more if I didnt diversify and just YOLOd into memes like I did in January when the first run up happened.

You can't predict what will gain faster than the other tbh. As long as you gain feel like you won.

That is why investors often have the mindset of exposure to everything they think has chance at gains.
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krazychao5
05/26/21 12:43:19 PM
#66:


Oh, yikes, reached out to TDA for HCMC rights offering, and this was their first paragraph. Dumb dumb dumb. The fee they charge is worth more than purchasing the 25k shares, and buying 25k shares at the current market price is $36.13 cheaper anyways.



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WingsOfGood
05/26/21 12:45:51 PM
#67:


krazychao5 posted...
Oh, yikes, reached out to TDA for HCMC rights offering, and this was their first paragraph. Dumb dumb dumb. The fee they charge is worth more than purchasing the 25k shares, and buying 25k shares at the current market price is $36.13 cheaper anyways.


What is this and why are you buying it?
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AlCalavicci
05/26/21 12:46:54 PM
#68:


krazychao5 posted...
Oh, yikes, reached out to TDA for HCMC rights offering, and this was their first paragraph. Dumb dumb dumb. The fee they charge is worth more than purchasing the 25k shares, and buying 25k shares at the current market price is $36.13 cheaper anyways.


Wait so TD is charging you a $38 fee to make the transaction? Wtf

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Lebronwon
05/26/21 12:48:21 PM
#69:


WingsOfGood posted...
You can't predict what will gain faster than the other tbh. As long as you gain feel like you won.

That is why investors often have the mindset of exposure to everything they think has chance at gains.

Yea. I guess it is great I haven't had a more than 1% loss day in weeks and am getting dividends now. Back in January when I was all in memes it be up 70% one day then down 30% the next and I'd be watching my stocks more since they could drop 10% at any time. I probably missed the AMC/GME boat anyway.

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AlCalavicci
05/26/21 2:08:38 PM
#70:


krazychao5 posted...
Oh, yikes, reached out to TDA for HCMC rights offering, and this was their first paragraph. Dumb dumb dumb. The fee they charge is worth more than purchasing the 25k shares, and buying 25k shares at the current market price is $36.13 cheaper anyways.


I just looked in my ETRADE and I would be charged the same $38 reorganization fee. Sounds pretty bullshit tbh

If I bought the same number of shares at regular price right now it would be about $38 so I don't know why I would even be compelled to participate in this rights offering. All it does is give me those extra shares, right?

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krazychao5
05/26/21 2:27:21 PM
#71:


AlCalavicci posted...
I just looked in my ETRADE and I would be charged the same $38 reorganization fee. Sounds pretty bullshit tbh

If I bought the same number of shares at regular price right now it would be about $38 so I don't know why I would even be compelled to participate in this rights offering. All it does is give me those extra shares, right?
yeah, should just buy the stock outright at this point.

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Sexypwnstar
05/26/21 3:37:57 PM
#72:


UVXY up 830%

it's over bros

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Mearcstapa
05/26/21 3:49:52 PM
#73:


how tf am I supposed to make money on sideways days damn it

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krazychao5
05/26/21 3:51:57 PM
#74:


Mearcstapa posted...
how tf am I supposed to make money on sideways days damn it
oof, i'm up almost 2% today

not like it's making money, tho.

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Mearcstapa
05/26/21 3:58:43 PM
#75:


I'm just swing-trading SPY with play money like a total wimp.

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Trumpo
05/26/21 4:15:25 PM
#76:


Sexypwnstar posted...
UVXY up 830%

it's over bros
I don't fuckle with caveat emptor stuff
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Taharqa_
05/26/21 4:17:29 PM
#77:




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Lebronwon
05/26/21 4:26:12 PM
#78:


Mearcstapa posted...
how tf am I supposed to make money on sideways days damn it

Covered calls. But it begs the question what kinda stocks you even in. All the meme and speculative tech is popping right now.

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Mearcstapa
05/26/21 4:27:17 PM
#79:


Lebronwon posted...
All the meme and speculative tech is popping right now.

yeah I don't touch that bubble shit.

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goldenBoi45
05/26/21 4:34:06 PM
#80:


Would now be a good time to sell my AMC? It's pretty much at an all time high for this week and I predict it'll probably dip when the market opens tomorrow morning. I keep hearing people say it's not very stable

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Taharqa_
05/26/21 4:38:54 PM
#81:


goldenBoi45 posted...
Would now be a good time to sell my AMC? It's pretty much at an all time high for this week and I predict it'll probably dip when the market opens tomorrow morning. I keep hearing people say it's not very stable

Fuck no, hold the line. We're almost to the point of "your ass is grass" time with the hedge funds, those short walls have been breached for the past four market days.

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goldenBoi45
05/26/21 4:42:02 PM
#82:


Taharqa_ posted...
Fuck no, hold the line. We're almost to the point of "your ass is grass" time with the hedge funds, those short walls have been breached for the past four market days.
Nice, I'll hold then. I bought into GameStop yesterday around 11:30 like literally right before it skyrocketed and AMC I've been holding for awhile. Have about a grand in both. Already made almost $300 off the GME trade alone so I'm pretty excited, I feel like I got in at a great time

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Lebronwon
05/26/21 5:04:09 PM
#83:


Taharqa_ posted...
Fuck no, hold the line. We're almost to the point of "your ass is grass" time with the hedge funds, those short walls have been breached for the past four market days.

Im not in it but feels like the cycle is beginning again. Hopefully it works out for the holders because to me AMC, GME, and the other memes aren't long term holds. You get in and get out. Once there is a reversal people dont go let me ride it to the bottom they head for the exits. Wish the January wasn't the only time it happened. But it happened again with weed stocks in February and with MVIS/OCGN a couple weeks ago.

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__aCEr__
05/26/21 5:07:59 PM
#84:


I sold nearly half of my AMC today and I will likely close out that position if it drops back to $19 tomorrow.

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CapnMuffin
05/26/21 5:18:51 PM
#85:


Why am I making money on amc wtf
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TheGoldenEel
05/26/21 5:20:06 PM
#86:


Bought SONY and EXAS with my AMC money

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Lebronwon
05/26/21 5:32:37 PM
#87:


DPZ is at 420.69

Nice

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Tyranthraxus
05/26/21 6:00:31 PM
#88:


Stonks



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Trumpo
05/26/21 6:05:06 PM
#89:


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kage_53
05/26/21 6:11:33 PM
#90:



lol So I was playing Tales of Crestoria earlier and well...the persons username says it all.

Im down down only $17 from MSFT after being down a lot earlier after their earnings so nice recovery. Same thing with FOUR. Liking this week.
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vbty3
05/26/21 6:58:45 PM
#91:


goldenBoi45 posted...
Would now be a good time to sell my AMC? It's pretty much at an all time high for this week and I predict it'll probably dip when the market opens tomorrow morning. I keep hearing people say it's not very stable
Sell half, hold it all, or set up trailing stop loss

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littlebro07
05/26/21 7:10:54 PM
#92:


How long until the hedge funds are completely fucked

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goldenBoi45
05/26/21 7:28:40 PM
#93:


littlebro07 posted...
How long until the hedge funds are completely fucked
This is what I wanna know. I don't really need the money I have in AMC and GME so I'm willing to just hold those while these fuckers bleed

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Lunar_Savage
05/26/21 9:57:17 PM
#94:


The hedgies could be really fucked if there seriously is a $70,000,000,000,000 (yes, you read that correctly) insurance policy on that stock.

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Mearcstapa
05/26/21 10:08:27 PM
#95:


Lunar_Savage posted...
The hedgies could be really fucked if there seriously is a $70,000,000,000,000 (yes, you read that correctly) insurance policy on that stock.

uhh, how exactly does it make sense for something to be insured at a value equal to 3.5x the United States annual GDP?

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Lunar_Savage
05/26/21 10:30:22 PM
#96:


Mearcstapa posted...
uhh, how exactly does it make sense for something to be insured at a value equal to 3.5x the United States annual GDP?

Fuck if I know, but something like that seems like it could totally sink the fucking ship so to speak.

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Master Kazuya
05/26/21 10:34:22 PM
#97:


Mearcstapa posted...
uhh, how exactly does it make sense for something to be insured at a value equal to 3.5x the United States annual GDP?

There is more liquidity in the system than just GDP

If my store sells $10 of product a day but I use $5 to invest in stockx which grew 10x in one day, despite my pull being $10 (or having only $5 in hand), I actually have $55 worth.

Combine that with tons of crazy high level economic trades and bargains and scenarios and interest rates and etc going on every second and yeah there's a lot of money around

And combine that with foreign markets and boom you have a global economy all interconnected

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Ushiromiya
05/27/21 10:11:50 AM
#98:


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Taharqa_
05/27/21 10:26:54 AM
#100:


AMC running again, I feel sorry for the folks that dipped out.

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#101
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