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Makeveli_lives 02/01/21 4:43:45 PM #1: |
Yolo
--- Switch FC: SW-3917-4425-6106 PSN: PiKappaPhi769 ... Copied to Clipboard!
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BignutzisBack 02/01/21 4:44:04 PM #2: |
@BlameAnesthesia
What are your thoughts on this post by @Tyranthraxus ??? The low volume of trading makes it easy for them to ladder against each other to drive down the price. Then they exercise options and do other things to get the stock back to cover their shorts. Yes it takes longer and yes they're still losing money but they're losing a lot less money than they would by covering shorts at $300 per share. The gains made from refreshing shorts help offset the losses as well. --- ... Copied to Clipboard!
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Esrac 02/01/21 4:44:44 PM #3: |
So, if now the date people are eyeing is 02/09, that kind of feels like kicking the can down the road. Last week, it was Friday, then today, and now Feb 9th.
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theAteam 02/01/21 4:45:19 PM #4: |
Whoever said AMC was correctly valued at $14-16 I think you were spot on with that.
--- Buffalo Bills Preseason Prediction: 10-6 2020 Final Record: 13-3 ... Copied to Clipboard!
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Hexenherz 02/01/21 4:46:22 PM #5: |
We're already on 13 lol
I have not seen a single from Robinhood yet about my original request on how I will get my tax documents if I do a 100% asset transfer (which, on their website, "closes the account"). I did go ahead and download my transaction history today. I will probably start the transfer on Thursday - I have dividends paying out and things on DRIP and I'm paranoid af that those will get screwed up somehow. --- FFXIV: Lucius Hexenseele (Brynhildr) | RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ ... Copied to Clipboard!
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Makeveli_lives 02/01/21 4:46:32 PM #6: |
Esrac posted...
So, if now the date people are eyeing is 02/09, that kind of feels like kicking the can down the road. Last week, it was Friday, then today, and now Feb 9th.Friday was supposed to start the process I thought, that's what led to the hail marys and media manipulation I thought. I'm not in it but I'm watching from the sidelines at this point. BignutzisBack posted... Stop deleting the topicI didn't have the word general in it lol --- Switch FC: SW-3917-4425-6106 PSN: PiKappaPhi769 ... Copied to Clipboard!
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WingsOfGood 02/01/21 4:46:58 PM #7: |
tc, Fidelity has a thing at the top that says trades.
You have to type GME and AMC manually. Also, the price Fidelity has is on lag. It is like 10 minutes behind and you will pay or sell at the price that is 10 minutes ahead. So go to google or RH and see the real time value before doing it. ... Copied to Clipboard!
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Makeveli_lives 02/01/21 4:47:53 PM #8: |
theAteam posted...
Whoever said AMC was correctly valued at $14-16 I think you were spot on with that.Well I bought at 16.50 so at least my losses will be minimal if this week really is the high point for the year. Couple hundred bucks at most. On that note, bruh how in the damn hell do I sell stock through fidelity app? I'm not selling AMC just yet, but I can't even find the option to do so. --- Switch FC: SW-3917-4425-6106 PSN: PiKappaPhi769 ... Copied to Clipboard!
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BignutzisBack 02/01/21 4:48:00 PM #9: |
Esrac posted...
So, if now the date people are eyeing is 02/09, that kind of feels like kicking the can down the road. Last week, it was Friday, then today, and now Feb 9th. Qanon rise up --- ... Copied to Clipboard!
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BlameAnesthesia 02/01/21 4:48:55 PM #10: |
BignutzisBack posted...
@BlameAnesthesia Totally plausible and why I'm not 100% convinced a violent short squeeze will even happen. The price has been somewhat trending down since trading is limited and this is largely because they did try this in the past, but retailers continued to buy the dip in large volume. They can't do this anymore. However, most genuine stock is not being sold right now, so i reckon it would take a very long time for them to exercise put options that are ITM from their manipulation to cover their position. And basically it means it just starts this week, which means price will stay inflated at these levels (at least relative to the double digits of early january and last year). And they still bleed a ton of money. That being said, isn't that what they want you to think if they are doubling down? Again, this is why I don't have serious money in this. I only put in what I'm comfortable losing entirely. --- PGY-2. Anesthesiology. ... Copied to Clipboard!
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BlameAnesthesia 02/01/21 4:53:17 PM #11: |
Esrac posted...
So, if now the date people are eyeing is 02/09, that kind of feels like kicking the can down the road. Last week, it was Friday, then today, and now Feb 9th. The only reason friday was "significant" was the expiry of a bunch of ITM call options as well as the expiration of long put options by the shorts. Some people took that to mean the shorts had 6ish days to cover their margin at that point, but that was never the case. They can hold their position as long as they want to pay the interest. Some people thought another gamma squeeze would happen like the week prior where all those calls exercised, driving price up, and requiring the market makers to also drive price up by securing the shares in the first place to give the option for those contracts to execute. Like a positive feedback cycle. But I suspect a lot of last week's call options just sold the contract rather than executed. Again, this is all uncharted territory. A lot of people called the events of two weeks ago a gamma squeeze. Mainstream media is reporting that was the actual squeeze. Feb 9th will reveal actual short positions, not just speculation, but there is daily manipulation that muddies the waters. --- PGY-2. Anesthesiology. ... Copied to Clipboard!
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WingsOfGood 02/01/21 4:54:45 PM #12: |
https://www.marketwatch.com/story/gamestop-stock-retreats-from-record-gains-after-more-than-half-of-short-positions-eliminated-11612203497
How does stock go down if they exited 35 million shorts? This article is misleading right? ... Copied to Clipboard!
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Conker 02/01/21 4:57:49 PM #13: |
When my coworkers all k ow about this shit and are saying Reddit has all moved on to Silver now, I know the HFs won the media battle because these are people who dont know shit but what the media tells them and they just accept it. BUT it doesnt mean theyve actually avoided the squeeze. I still think GME and AMC will have their highs coming Friday or later.
I was in at $2 for AMC (and had to buy calls back so $5 per share is my real cost at this point). Im holding even though I was up $6k last week and down early today to only $4k and now $2500. I have 330 shares. I didnt buy AMC because of this jump, I actually bought before all this as a hold. --- If you don't want to argue about something, take the initiative and stfu. Lets Go: Lions, Red Wings, Tigers, Pistons! ... Copied to Clipboard!
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lilORANG 02/01/21 4:58:08 PM #14: |
Esrac posted...
So, if now the date people are eyeing is 02/09, that kind of feels like kicking the can down the road. Last week, it was Friday, then today, and now Feb 9th. That's how it will always be. These hedge funds have billions to throw around. Reddit doesn't stand a chance. --- ... Copied to Clipboard!
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BlameAnesthesia 02/01/21 4:58:36 PM #15: |
WingsOfGood posted...
https://www.marketwatch.com/story/gamestop-stock-retreats-from-record-gains-after-more-than-half-of-short-positions-eliminated-11612203497 Exactly. That's my take. Ever since the whole Citadel acquiring Melvin Capitol and shortly after, Robinhood restricting trading, of which Robinhood sells it's user data to Citadel made me realize that the level of manipulation is like the movie the big short. Different arms of the finance industry are likely covering each other's asses. Even a video from early 2000s of Jim Cramer admitting the tactics of hedge funds that are playing out very similarly to what's going on, up to and including getting journalists to report falsehoods to improve their position, regardless of the truth. They're cheating and may very well win because of it. I'm just fascinated at how blatantly they got caught with their pants down. --- PGY-2. Anesthesiology. ... Copied to Clipboard!
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PatrickMahomes 02/01/21 4:59:42 PM #16: |
tag
--- NFLB 2020 Summersim Roster mk. 1 (12-4): https://imgur.com/4Pvr5rT NFLB 2020 Summersim Roster mk. 2 (11-5) (ELIMINATED): https://imgur.com/BBhN2z3 ... Copied to Clipboard!
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Dark_Koopatrol 02/01/21 4:59:48 PM #17: |
It was fun while it lasted. I'm still going to hold but it's only downhill from there.
Special thanks to Dogecoin for being the only crypto/stock keeping me over the hump. ... Copied to Clipboard!
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Esrac 02/01/21 5:16:42 PM #18: |
Looks like AMC is taking a dip too.
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kage_53 02/01/21 5:33:19 PM #19: |
I just got another share in GME.
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Makeveli_lives 02/01/21 5:35:48 PM #22: |
Makeveli_lives posted...
AMC is more stable though. And it's not valued to the point of obscenity. It'll bounce back for long term investors, it's just not a quick buck at this rate. I'm still holding cause why not.Wait nah, I just checked it and goddamn it fucking dive bombed out of nowhere. --- Switch FC: SW-3917-4425-6106 PSN: PiKappaPhi769 ... Copied to Clipboard!
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#23 | Post #23 was unavailable or deleted. |
Makeveli_lives 02/01/21 5:37:34 PM #24: |
Future_Trunks posted...
10% dip lol it's honestly a good time to get in now if people haven't alreadyI was up 80 bucks on AMC this morning and now I'm down like 15,the fuck? --- Switch FC: SW-3917-4425-6106 PSN: PiKappaPhi769 ... Copied to Clipboard!
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Turbam 02/01/21 5:38:22 PM #25: |
Should I buy more corsair?
--- ~snip (V)_(;,;)_(V) snip~ I'm just one man! Whoa! Well, I'm a one man band! https://imgur.com/p9Xvjvs ... Copied to Clipboard!
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Makeveli_lives 02/01/21 5:38:59 PM #26: |
And why the fuck did gopro hit 25 percent growth from yesterday?
--- Switch FC: SW-3917-4425-6106 PSN: PiKappaPhi769 ... Copied to Clipboard!
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Lebronwon 02/01/21 5:39:02 PM #27: |
Don't let this be you >_>
https://www.youtube.com/watch?v=B8cN586JUR8 --- Not 1, not 2, not 3, not 4, not 5, not 6, not 7 ... Copied to Clipboard!
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NeonOctopus 02/01/21 5:39:43 PM #28: |
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AlCalavicci 02/01/21 5:42:54 PM #29: |
mah stonks
--- http://images4.wikia.nocookie.net/__cb20111123223446/simpsons/images/9/99/K.png I didn't even give you my coat! ... Copied to Clipboard!
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Tactical_Spork 02/01/21 5:43:08 PM #30: |
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LastTomorrow 02/01/21 5:45:45 PM #31: |
So do I sell gme and amc stocks now?
--- Waffle, waffle, waffle ... Copied to Clipboard!
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heatmon930 02/01/21 5:46:57 PM #32: |
Makeveli_lives posted...
And why the fuck did gopro hit 25 percent growth from yesterday? Maybe a positive earnings report on Thursday https://i.imgur.com/3j8Rmb4.jpg --- https://imgur.com/fFyX7iT Feelings aren't numbers ... Copied to Clipboard!
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Conker 02/01/21 5:52:29 PM #33: |
LastTomorrow posted...
So do I sell gme and amc stocks now? No, you buy more. And if it drops further, you buy even more. Do that til you have no extra money (aka: Dont spend any required money youll need in the next few weeks at least or cant afford to lose). --- If you don't want to argue about something, take the initiative and stfu. Lets Go: Lions, Red Wings, Tigers, Pistons! ... Copied to Clipboard!
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SK8T3R215 02/01/21 5:54:03 PM #34: |
Stag
--- New York Knicks, New York Jets, New York Yankees. ... Copied to Clipboard!
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#35 | Post #35 was unavailable or deleted. |
lilORANG 02/01/21 5:55:05 PM #36: |
I'm starting to think some of you really are Russian disruptors >_>
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Conker 02/01/21 6:01:27 PM #37: |
Lol, this lady I went to school with had spammed Doge on her social media accounts and had a ton of people replying and wanting to get in. She got in at less than a penny so she was good but most others werent even opening RH accounts until last week after Elons tweet. She had so many replies, I just went to look at my comment to her that I got in at $.002 but was going to buy more at $.04...this was last week. I was going to see what the updates were today but she deleted everything about Doge off her accounts.
--- If you don't want to argue about something, take the initiative and stfu. Lets Go: Lions, Red Wings, Tigers, Pistons! ... Copied to Clipboard!
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Ushiromiya 02/01/21 6:02:27 PM #38: |
guess Ill see how things settle out in the next few days...
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The Trent 02/01/21 6:02:44 PM #39: |
Aw i just got a really sweet email from robinhood
Comrade --- i'm Trent B and i get respect your cash and your jewelry is what i expect ... Copied to Clipboard!
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Conker 02/01/21 6:07:40 PM #42: |
Lol at anyone who got in over $400 right now. I wanna see the losses.
--- If you don't want to argue about something, take the initiative and stfu. Lets Go: Lions, Red Wings, Tigers, Pistons! ... Copied to Clipboard!
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Conker 02/01/21 6:10:34 PM #43: |
Future_Trunks posted...
is she MLM too No, she just had 3 Bitcoins from back in like 2011 and sold it in 2015 before the boom. So she was deadset on this time holding on to Doge til she made bank. She genuinely hoped it would hit $1. I said get your limits in for $.1 or under. --- If you don't want to argue about something, take the initiative and stfu. Lets Go: Lions, Red Wings, Tigers, Pistons! ... Copied to Clipboard!
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#44 | Post #44 was unavailable or deleted. |
Hexenherz 02/01/21 6:10:56 PM #45: |
Got an e-mail from r*binhood right now.
A note from Robinhood For Robinhood to operate, we must meet clearinghouse deposit requirements to support customer trades. Deposit requirements are determined in part by how much stock a firms customers hold. If a firms customers holdings are volatile, a broker (in this instance Robinhood) is obligated to meet higher deposit requirements. Last week, in part due to volatility in some popular stocks, Robinhoods deposit requirements rose tenfold. The combination of the deposit increase and the extraordinary increase in volume on these particular symbols led us to put temporary buying restrictions in place on a small number of those stocks. We had to take steps to limit buying in those volatile stocks to ensure we could comfortably meet our deposit obligations. We didnt want to stop people from buying stocks and we certainly werent trying to help hedge funds. --- FFXIV: Lucius Hexenseele (Brynhildr) | RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ ... Copied to Clipboard!
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#46 | Post #46 was unavailable or deleted. |
CableZL 02/01/21 6:11:50 PM #47: |
I'm probably going to get out of GME pretty soon. I'm gonna wait for it to go back above 300 (hopefully it does) and then sell my 1 share. I got in way too late.
I kinda want to just go back to my old investment strategies instead of paying attention to whatever WSB is doing. --- ... Copied to Clipboard!
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Hexenherz 02/01/21 6:13:47 PM #48: |
RIP my AMC
It's tanking. But my overall portfolio is up almost $1200 today so good recovery from last week --- FFXIV: Lucius Hexenseele (Brynhildr) | RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ ... Copied to Clipboard!
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Conker 02/01/21 6:14:08 PM #49: |
CableZL posted...
I'm probably going to get out of GME pretty soon. I'm gonna wait for it to go back above 300 (hopefully it does) and then sell my 1 share. I got in way too late. Lol, if GME hit $500 tomorrow would you feel the same? --- If you don't want to argue about something, take the initiative and stfu. Lets Go: Lions, Red Wings, Tigers, Pistons! ... Copied to Clipboard!
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BignutzisBack 02/01/21 6:15:23 PM #50: |
Outer_space posted...
Y'all ain't buying GME anymore? I am going to buy my first 4 shares tomorrow if it's $225 or less, otherwise I will just stay out --- ... Copied to Clipboard!
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CableZL 02/01/21 6:15:51 PM #51: |
Conker posted...
Lol, if GME hit $500 tomorrow would you feel the same? Probably not, lol. I doubt that's gonna happen, but we'll see. --- ... Copied to Clipboard!
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