Current Events > Stock Market General #10

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pojr
01/29/21 11:50:34 AM
#151:


Flockaveli posted...
pojr posted...
Because as someone who invested $25 into AMC, it sounds like at best I'm going to get 50 bucks. I'm not at all familiar with the stock market, but I thought it was actually possible to get thousands from a $25 investment
Think of the percentages. A share would have to shoot up 4000% to turn your $25 into $1000 which is just unheard of.

oh got you, so if it goes up to 50 bucks then I should probably sell it at that point, because that's a 100% profit
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pojr
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SerenitySays
01/29/21 11:51:05 AM
#152:


pojr posted...
Question, has anyone here made $1,000 in profit, if not more?

When skimming through these threads, seems like people do profit, but they only seem to profit like maybe $20 or $30, and they sell constantly. In other words, seems like a lot of work in order to get small profits.
If Dogecoin gets to the cost of an American quarter, I'll have $1,000 in profit from it.
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pojr
01/29/21 11:55:18 AM
#153:


So I'm going to sound like an idiot, but if you sell your stock that means someone has to buy it right? I assume that means the buyer can negotiate a lower price, sort of like with eBay or something like that
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pojr
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Despised
01/29/21 11:56:55 AM
#154:


pojr posted...
So I'm going to sound like an idiot, but if you sell your stock that means someone has to buy it right? I assume that means the buyer can negotiate a lower price, sort of like with eBay or something like that

Not quite, a regular market sell will fluctuate due to the market always moving, but you won't get much variation on your typical stocks.

For stuff like what's happening now, volatility means that you will want to set a limit sell, which allows you to specify the amount you are willing to sell for
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SteveNasti
01/29/21 11:57:02 AM
#155:


TheGoldenEel posted...
idk. I just threw a hundred-ish each at those meme stocks, its such a comparatively small amount that its just like fuck-it money. Might as well ride it out and see what happens
Same, just bought 100 shares for shits and gigs. About to break $2 so that's good at least

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The Trent
01/29/21 11:57:45 AM
#156:


i tried to buy more AMC

This order will exceed the maximum allowed AMC shares you can hold at this time. You currently have 580 shares purchased or pending - including this order - which exceeds the limit of 115 shares.


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RchHomieQuanChi
01/29/21 11:59:21 AM
#157:


AMC already went up $3 on my $28 investment like 30 mins ago

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BunkerBoy
01/29/21 11:59:51 AM
#158:


The Trent posted...
i tried to buy more AMC

This order will exceed the maximum allowed AMC shares you can hold at this time. You currently have 580 shares purchased or pending - including this order - which exceeds the limit of 115 shares.
Kind of ridiculous that they're limiting like that. So much for a free market
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onedarksoul
01/29/21 12:00:12 PM
#159:


The Trent posted...
i tried to buy more AMC

This order will exceed the maximum allowed AMC shares you can hold at this time. You currently have 580 shares purchased or pending - including this order - which exceeds the limit of 115 shares.
who are you with?

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The Trent
01/29/21 12:00:49 PM
#160:


onedarksoul posted...
who are you with?

i'm on the merry band of millenials with robinhood

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Vampire_Wreath
01/29/21 12:01:52 PM
#161:


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The Trent
01/29/21 12:02:06 PM
#162:


same for GME when i tried to buy

This order will exceed the maximum allowed GME shares you can hold at this time. You currently have 20 shares purchased or pending - including this order - which exceeds the limit of 5 shares.


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Hexenherz
01/29/21 12:02:10 PM
#163:


Yay for AMC rally.
I bought in on Wednesday because of the GME FOMO not realizing what was going on so I'm glad to see it rising up again.

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SerenitySays
01/29/21 12:02:41 PM
#164:


Here's a link that shows the stock that RH is allowing people to buy in limited amounts:
https://robinhood.com/us/en/support/articles/changes-due-to-recent-market-volatility/
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RebelElite791
01/29/21 12:04:29 PM
#165:


Make daddy some money AMC

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Lebronwon
01/29/21 12:04:42 PM
#166:


SerenitySays posted...
Here's a link that shows the stock that RH is allowing people to buy in limited amounts:
https://robinhood.com/us/en/support/articles/changes-due-to-recent-market-volatility/

lol so much for free market.

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#167
Post #167 was unavailable or deleted.
smoke_break
01/29/21 12:05:09 PM
#168:


AMC rising. Let's go.

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The Trent
01/29/21 12:05:43 PM
#169:


make yourself a bed AMC
stay awhile
go for a run

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littlebro07
01/29/21 12:05:49 PM
#170:


Wooo, up about $19 already in AMC

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InhumaneRaider
01/29/21 12:06:03 PM
#171:


AMC AMC AMC

Jesus

up 33 for AMC

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RchHomieQuanChi
01/29/21 12:06:51 PM
#172:


Fuck it dumping $50 more into AMC

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Vampire_Wreath
01/29/21 12:06:51 PM
#173:


Both going! Keep holding! No squeeze yet for GME!

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onedarksoul
01/29/21 12:08:24 PM
#174:


Yes! This almost feels like what it'd be like to be on the floor of the NYSE

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Lebronwon
01/29/21 12:11:54 PM
#175:


Im gonna dump more into CTRM. After finding out Robinhood is still limiting what people can buy means some of the stocks on that list probably aren't reaching their full potential. That one the cheapest so it has the least risk but biggest reward if it goes up.

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The Trent
01/29/21 12:12:11 PM
#176:


go to pee: lose $400 and do not pass go

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Ushiromiya
01/29/21 12:12:35 PM
#177:


onedarksoul posted...
Yes! This almost feels like what it'd be like to be on the floor of the NYSE
i need the thousand screens and loud sweaty people holding stacks of paper or whatever the **** they do

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Smashingpmkns
01/29/21 12:12:49 PM
#178:


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TheGoldenEel
01/29/21 12:13:13 PM
#179:


damn GameStop jumped way up to $375 right after I sold for $345

oh well

made like $1400 so I should just be happy

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CE_gonna_CE
01/29/21 12:13:55 PM
#180:


Glad I made the decision to hold onto my AMC call option.

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Tyranthraxus
01/29/21 12:14:40 PM
#181:


TheGoldenEel posted...
damn GameStop jumped way up to $375 right after I sold for $345

oh well

made like $1400 so I should just be happy



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Ps2Twilight
01/29/21 12:15:05 PM
#182:


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#183
Post #183 was unavailable or deleted.
InhumaneRaider
01/29/21 12:17:40 PM
#184:


Ps2Twilight posted...
https://vm.tiktok.com/ZMJoUsA4X/

<_< lol
It took me a second, but fucking good god! That was beautiful LMFAO

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The Trent
01/29/21 12:18:06 PM
#185:


amc slipping away or is there more here?

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RAAAWWWRRR
01/29/21 12:18:21 PM
#186:


What's another good app for AMC? RH won't let me buy AMC as usual...

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Vigrim
01/29/21 12:18:59 PM
#187:


Tyranthraxus posted...
Lol. Hold the line!

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InhumaneRaider
01/29/21 12:19:42 PM
#188:


RAAAWWWRRR posted...
What's another good app for AMC? RH won't let me buy AMC as usual...
CashApp

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#189
Post #189 was unavailable or deleted.
Tyranthraxus
01/29/21 12:19:57 PM
#190:


Vigrim posted...
Lol. Hold the line!
There are no lines in space



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InhumaneRaider
01/29/21 12:20:02 PM
#191:


The Trent posted...
amc slipping away or is there more here?
It's been gains pretty much all morning.

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Conker
01/29/21 12:20:59 PM
#192:


I bought back my calls for AMC, total was $1600 but Im up $3k. Hold the motherfucking line goddammit!

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Vampire_Wreath
01/29/21 12:22:03 PM
#193:


Hold, don't sell back to these hedge funds, it's what they want!

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onedarksoul
01/29/21 12:22:16 PM
#194:


Seems like a bunch of shares were limited for $15, as soon as that hit it started falling.

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Lunar_Savage
01/29/21 12:23:30 PM
#195:


So which app is a good one to use right now if you only have say between $50-300 to pop off with?

I heard stash, but thought I'd just ask here to get a consensus.

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Lebronwon
01/29/21 12:25:16 PM
#196:


The Trent posted...
amc slipping away or is there more here?

The entire market is down 560 points. Fact that these memes are even green with limited buying is kinda amazing.

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CapnMuffin
01/29/21 12:26:14 PM
#197:


How much do people think AMC would even surge when pandemic stuff is relaxed? It was barely worth double a few years ago and been bleeding year after year with the rise of digital streaming. Still skeptical about that hype.
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lilORANG
01/29/21 12:29:12 PM
#198:


AMC was a solid dividend stock before they suspended that. Might be worth it to hold if that becomes a factor. But they were floundering pre-COVID so I'm not sure there is much more growth there.
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Esrac
01/29/21 12:29:48 PM
#199:


CapnMuffin posted...
How much do people think AMC would even surge when pandemic stuff is relaxed? It was barely worth double a few years ago and been bleeding year after year with the rise of digital streaming. Still skeptical about that hype.

I can only assume people might be dying to get out of the house then.
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darkprince45
01/29/21 12:30:36 PM
#200:


Tbh, Im thinking of just cashing out AMC and just dropping it all on ENZC

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