Board 8 > Stock Topic 15

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DoomTheGyarados
01/27/21 11:28:18 AM
#151:


Waiting for the short squeeze i think

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Lopen
01/27/21 11:30:02 AM
#152:


HODL as they say

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StartTheMachine
01/27/21 11:31:05 AM
#153:


I bought back 1000 AMC shares for funsies. And 1000 BB

HODL gang

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neonreaper
01/27/21 11:32:38 AM
#154:


Fortune favors the bold

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StartTheMachine
01/27/21 11:33:52 AM
#155:


DoomTheGyarados posted...
Waiting for the short squeeze i think

So AH today?

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DoomTheGyarados
01/27/21 11:35:53 AM
#156:


I am willing to think amc is going to go higher close tomorrow. If it doesn't I am not concerned. Mind you my option is worth 20x what I bought it for so I have a different perspective.

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StartTheMachine
01/27/21 11:36:24 AM
#157:


Lmao GME

Red sox please tell me your account is like 200k

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neonreaper
01/27/21 11:36:47 AM
#158:


Nokia in the move

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Sunroof
01/27/21 11:37:00 AM
#159:


What is the GME play? I am putting 10k in amc soon.
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DoomTheGyarados
01/27/21 11:39:44 AM
#160:


I bought shares at 290 a pop on gme. I would buy that tbh. Wsb is out for blood and has the money

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Sir Chris
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Sunroof
01/27/21 11:41:19 AM
#161:


Its at 360 now soooo
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DoomTheGyarados
01/27/21 11:42:17 AM
#162:


Basically I think wsb got it right. They have to buy gamestop to cover. So uh... yeah.

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Sir Chris
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Dr_Football
01/27/21 11:45:42 AM
#163:


After reading everything the past couple weeks I decided why not try a little bit (for much smaller amounts than yall, cant afford that much of a loss).

Bought 100 shares of AMC yesterday, and then 100 shares of Nokia today, both at $5.

I dont know how yall have the patience to hold!

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Sunroof
01/27/21 11:49:00 AM
#164:


The moment I went into GME, NOK, and AMC ($5k each) they plummet
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red sox 777
01/27/21 11:50:18 AM
#165:


StartTheMachine posted...
Lmao GME

Red sox please tell me your account is like 200k

Nope, my portfolio has too much diversification for that. But, I'm pretty confident I'll get there eventually with the diversification.

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Lopen
01/27/21 11:53:40 AM
#166:


Dr_Football posted...
I dont know how yall have the patience to hold!

Well my main scheme is to sell really high priced calls but they're not on the market so that makes it a bit easier to HODL

Tomorrow when I can start selling $30 calls it'll be the real test of discipline.

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Sunroof
01/27/21 11:55:12 AM
#167:


Cant believe this wavy ride
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Lopen
01/27/21 11:55:49 AM
#168:


Tell me you held AMC please

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DoomTheGyarados
01/27/21 11:56:21 AM
#169:


I have my optoon set to sell if it break 30x what I paid for it. At that point I will just buy the house I just moved into lol

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masterplum
01/27/21 11:59:04 AM
#170:


all right, I bought back one of my calls I sold on AMC to get my skin back in the game. what the hell. Worst case I lose what, $1400?

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StartTheMachine
01/27/21 11:59:46 AM
#171:


red sox 777 posted...
Nope, my portfolio has too much diversification for that. But, I'm pretty confident I'll get there eventually with the diversification.

You will. After seeing GME do what it did, I was comfortable putting a third of my portfolio in AMC yesterday right when the run started. Think that's the most I'm willing to do for my yolos now. That low average was also why I was comfortable holding for...too long premarket! But it was fun.

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Sunroof
01/27/21 12:00:06 PM
#172:


I read The hedge funds are closing their short positions in fear?
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StartTheMachine
01/27/21 12:02:03 PM
#173:


Sunroof posted...
I read The hedge funds are closing their short positions in fear?

And WSB is saying it's "fake news" to scare retail.

time to grab the popcorn

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Lopen
01/27/21 12:03:15 PM
#174:


StartTheMachine posted...
And WSB is saying it's "fake news" to scare retail.


Sounds like it. Otherwise why haven't we seen the prices skyrocket.


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ChaosTonyV4
01/27/21 12:03:36 PM
#175:


Sunroof posted...
The moment I went into GME, NOK, and AMC ($5k each) they plummet

Every time I read this topic youre FOMOing into something after you just sold it, lol

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Sunroof
01/27/21 12:03:57 PM
#176:


Sounds right!
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red sox 777
01/27/21 12:13:55 PM
#177:


Sunroof posted...
I read The hedge funds are closing their short positions in fear?

Any smart and responsible hedge fund manager would have closed their position in fear days ago. Or weeks. One thing I'm getting out of this is that there are a lot of fund managers who are either dumb or else reckless because they are managing clients' money rather than their own. That, or they believe they are going to be bailed out by the government like the banks in 2008.

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Sunroof
01/27/21 12:14:49 PM
#178:


Will Reddit even relent if its true?
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red sox 777
01/27/21 12:22:15 PM
#179:


At some point there are solvency risks. Like, say a fund is margin called at $400. They have no choice to but to put in a massive buy order. By the time the buy order is filled, the stock is at $800, and they got out at an average of $600, say. Well, if their bankruptcy point was at $500, that's going to leave them unable to pay in full for the GME stock they just bought. I think their broker will be on the hook for the deficiency.

Which means, I would not want to own stock in the major banks right now. They act as prime brokers for funds and they may end up having to eat a lot of this loss, in addition to losing customers.

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Sunroof
01/27/21 12:24:41 PM
#180:


So is tomorrow going to be a big day for these bad boys or is the run over at last
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Lopen
01/27/21 12:32:39 PM
#181:


Bought a bunch of RKT calls 2/5 because it's shorted and options aren't at a very high premium

To the moon let's go.

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Menji
01/27/21 12:34:19 PM
#182:


Sunroof posted...
So is tomorrow going to be a big day for these bad boys or is the run over at last

Friday/Monday. I will get nothing done on those days.

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Sunroof
01/27/21 12:37:58 PM
#183:


So tomorrow should be good?
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Lopen
01/27/21 12:41:46 PM
#184:


You want a position tonight if you can. AMC is gonna fly once those options unlock. Not sure what'll happen with GME.

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Sunroof
01/27/21 12:46:50 PM
#185:


So I shouldnt panic sell
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red sox 777
01/27/21 12:50:31 PM
#186:


It's very hard to predict what will happen. I have been selling GME shares on the way up yesterday and today to limit risk.

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ChaosTonyV4
01/27/21 12:53:05 PM
#187:


People are saying NOK is the next target

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Colegreen_c12
01/27/21 12:54:00 PM
#188:


Lopen posted...
Bought a bunch of RKT calls 2/5 because it's shorted and options aren't at a very high premium

To the moon let's go.

what the hell is rkt?

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neonreaper
01/27/21 12:57:07 PM
#189:


Rocket mortgage

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Lopen
01/27/21 12:57:21 PM
#190:


Rocket Companies. It's some banking thing I guess? Had an IPO earlier this year.

Again I'm not claiming any sort of DD I'm just going to the cheap calls on shorted companies here.

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masterplum
01/27/21 12:57:56 PM
#191:


Sure. Bought a 22.5 call for next week and sold a 25 call for friday

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Lopen
01/27/21 12:59:12 PM
#192:


I'm wall street betting it with 20 $30 calls 2/5

Up $360 so far. Do plan on selling half early if we keep pace.

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StartTheMachine
01/27/21 1:07:02 PM
#193:


Ameritrade is restricting trading on all the WSB stocks

Used to really like Ameritrade but fuck that. Sounds like they're trying to protect shorts more than protecting retail. Like if they just did it for GME, I'd understand, but they're trying to kill the AMC run before it really pops

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Colegreen_c12
01/27/21 1:07:14 PM
#194:


i picked up 5 for 2/5 strike price $20

my break even point is 24.85, literally the price it was when i bought it lol

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greengravy294
01/27/21 1:07:57 PM
#195:


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ExThaNemesis
01/27/21 1:08:59 PM
#196:


All this really made me upset that I dumped pretty much all my extra into crypto but I managed to get some small slices of GME AMC and NOK.

I want to 3x and then shift that back over into my ETH.

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Colegreen_c12
01/27/21 1:20:03 PM
#197:


man nokia has been halted for over 20 minutes. It says because of incoming news but not sure where i should even look for that

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DPOblivion beat us all.
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CoolCly
01/27/21 1:24:08 PM
#199:


oh god i was telling a coworker about GME and she thought it was so interesting and now today she suddenly is in AMC, FIZZ, and NOK

i didn't even tell her about these

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Sunroof
01/27/21 1:26:11 PM
#200:


Lmao cly you created a monster
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Sunroof
01/27/21 1:26:30 PM
#201:


NOK massive suspense
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