Current Events > Stock Market General #13

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The Trent
02/01/21 9:08:04 PM
#102:


shockthemonkey posted...
lol Im getting caught holding my dick in my hand

me too
but two hands

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NatsuSama
02/01/21 9:10:51 PM
#103:


Lebronwon posted...
They are rumored to be merging with Lucid Motors and it is supposed to be a competitor for Telsa.
That sounds great. Does Lucid Motors have an IPO as well?

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#104
Post #104 was unavailable or deleted.
CableZL
02/01/21 9:12:03 PM
#105:


NatsuSama posted...
That sounds great. Does Lucid Motors have an IPO as well?
Not yet, but I think it's coming.

Generally with EV stocks, I like to wait until they start delivering vehicles to put money into them. If Lucid Motors can actually deliver on a wide scale, then I think I'll be all in.

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#106
Post #106 was unavailable or deleted.
CableZL
02/01/21 9:13:44 PM
#107:


Future_Trunks posted...
ok so basically if CCIV and lucid merge, lucid will go public THROUGH CCIV, a SPAC or special purpose acquisition company. it's another way to go public and access equity capital markets.
Interesting

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Conker
02/01/21 9:14:57 PM
#108:


https://mobile.reuters.com/article/amp/idUSKBN2A125E

So the new US Treasury Secretary got paid $700k in speaking fees from Citadel (not to mention numerous other firms) and is going to basically be the deciding factor in how this all plays out. They say it wont impact her ability or ethical standards. They really do think were all idiots.

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#109
Post #109 was unavailable or deleted.
Conker
02/01/21 9:19:36 PM
#110:


Nah, I mean...its really more of a long-term thing in relation to the actions taken by them and RH or other brokers as far as if there would be new regulations or possible punishment. Lets be real, theyd basically have to come out and say, Yup, we fucked GameStop and investors out of billions to save our own asses.

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ShyOx
02/01/21 9:28:53 PM
#111:


Lebronwon posted...
https://www.businessinsider.com/traders-invest-in-clubhouse-media-group-after-elon-musk-tweet-2021-2

Speaking of Telsa looks like an Elon Musk tweet pumped a wrong company stock again lmao.

which would make it a good time to short, no lol?


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__aCEr__
02/01/21 9:33:02 PM
#112:


I wonder how many people out there are still holding their AMCX stock thinking it's AMC lol.

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Smashingpmkns
02/01/21 9:47:16 PM
#113:


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The Trent
02/01/21 9:54:40 PM
#114:


bearded penis man with a hot take

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KaZooo
02/01/21 9:56:26 PM
#115:


Kraken still not completely set up. I'll just leave my funds there to try to hit on the next thing.

Did a buy via M1 on CCIV. Nothing major as I'm avoiding a real gamble, intended to be a long hold.

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CableZL
02/01/21 10:11:46 PM
#116:


My mom just called asking about the Gamestop madness, LOL

She doesn't do stock trading, but wanted me to explain what the deal was.

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PatrickMahomes
02/01/21 10:14:06 PM
#117:


Conker posted...
They really do think were all idiots.
I mean, whether they think this or not is irrelevant; what they know is that either way, there's nothing we can do about it.

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NatsuSama
02/01/21 10:14:59 PM
#118:


@Future_Trunks@Lebronwon
bro.. CCIV is a SPAC
I'm honestly not familiar with all the stock lingo.

Is SPAC a bad or good thing.

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Conker
02/01/21 10:18:57 PM
#119:


PatrickMahomes posted...
I mean, whether they think this or not is irrelevant; what they know is that either way, there's nothing we can do about it.

Well, of course, I meant it more-so they dont even try to hide it or really have reason to yet still feed bs like suggesting a prior relationship, a lot of money, and business partnership wouldnt influence someone. She simply shouldnt be involved and that should be the end of it, even if just from appearances.

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littlebro07
02/01/21 10:26:12 PM
#121:


Tomorrow could be a very big day for ENZC

https://twitter.com/genscript/status/1356428955771936772?s=21

also this post from the COO on LinkedIn with some pretty important hashtags at the end:



brb looking at yachts

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CableZL
02/01/21 10:28:07 PM
#122:


I'm back up to 24155 shares of ENZC... I definitely wish I still had all 40,000 shares, lol

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littlebro07
02/01/21 10:33:50 PM
#123:


CableZL posted...
I'm back up to 24155 shares of ENZC... I definitely wish I still had all 40,000 shares, lol


If it gets to $5 a share thats still $120,000 off of what, a $1000 investment? (Cant remember when you bought back into it)

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DJquackquack
02/01/21 10:37:57 PM
#124:


Daily reminder to go balls deep into silver tomorrow.

ASM is a good penny silver stock.

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WingsOfGood
02/01/21 10:39:12 PM
#125:


If hedge can drive the price down and down, can't they leave the short while the price is low?
I guess if it is not $20 they still lose money, but it is not like they have to buy $30 stock.

But then, I guess when they sell, even if it is a low price, the stock could soar over $500?
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ShyOx
02/01/21 10:44:53 PM
#126:


Conker posted...
https://mobile.reuters.com/article/amp/idUSKBN2A125E

So the new US Treasury Secretary got paid $700k in speaking fees from Citadel (not to mention numerous other firms) and is going to basically be the deciding factor in how this all plays out. They say it wont impact her ability or ethical standards. They really do think were all idiots.
I mean she was appointed before this madness really kicked into gear

but yeah this doesnt look very kosher

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BignutzisBack
02/01/21 11:32:39 PM
#127:


littlebro07 posted...
If it gets to $5 a share thats still $120,000 off of what, a $1000 investment? (Cant remember when you bought back into it)

How did you find out about that stock in the first place? I'm sure you've told the story before but I missed it

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Conker
02/01/21 11:56:39 PM
#128:


ShyOx posted...
I mean she was appointed before this madness really kicked into gear

but yeah this doesnt look very kosher

Yeah, wasnt meaning it like they brought her in, its just hilariously shitty they get someone in the position that they clearly like and have helped further her career.

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ShyOx
02/02/21 12:01:37 AM
#129:


Conker posted...
Yeah, wasnt meaning it like they brought her in, its just hilariously shitty they get someone in the position that they clearly like and have helped further her career.

It also matters what theyre net worth was and if 700k was a lump in the pocket or a drop in the bucket.

Either way its bad optics.

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PatrickMahomes
02/02/21 12:24:31 AM
#130:


https://twitter.com/tomangell/status/1356339098609397764?s=21

this is good news for weed stocks right

inb4 modded

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Returning_CEmen
02/02/21 12:25:05 AM
#131:


I bought 51 shares of SLVO.
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#132
Post #132 was unavailable or deleted.
CE_gonna_CE
02/02/21 12:42:14 AM
#133:


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DJquackquack
02/02/21 12:55:52 AM
#134:


Yall need to grab dat sweet silver stock while the gettings good.

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Makeveli_lives
02/02/21 1:02:27 AM
#135:


Future_Trunks posted...
damn, the topics slowed way the fuck down. used to be 1-2 a day lol
We need to wait for the spikes or crashes to hit, still a few days out supposedly

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COVxy
02/02/21 1:04:02 AM
#136:


Makeveli_lives posted...
We need to wait for the spikes or crashes to hit, still a few days out supposedly

GME is currently ~180, started at ~320 today. That's not a crash?

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Conker
02/02/21 1:17:07 AM
#137:


COVxy posted...
GME is currently ~180, started at ~320 today. That's not a crash?

It was $468 last Thursday and two hrs later it was $126. Its called volatility for a reason. As we know, it made it back to $360 in less than two trading days.

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lilORANG
02/02/21 1:18:31 AM
#138:


Future_Trunks posted...
damn, the topics slowed way the fuck down. used to be 1-2 a day lol

People can only talk about meme stonks ITT for some reason, instead of all the ways to actually make money in the market.
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Conker
02/02/21 1:26:34 AM
#139:


lilORANG posted...
People can only talk about meme stonks ITT for some reason, instead of all the ways to actually make money in the market.

There have been quite a few posts that were talking about what everyone is investing in and suggestions.

We need a GFs Hedge Fund that just pools into a company to boost its price, do some selling of calls, then pull a bunch out not tied to any contracts to lower the price, buy back the calls for a huge discount, then sell the shares still above the original price from the buzz about the stock. Then move onto something different.

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COVxy
02/02/21 1:30:08 AM
#140:


Conker posted...
It was $468 last Thursday and two hrs later it was $126. Its called volatility for a reason. As we know, it made it back to $360 in less than two trading days.

This:


Looks a bit different than this:


No?


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Returning_CEmen
02/02/21 1:32:40 AM
#141:


Conker posted...
It was $468 last Thursday and two hrs later it was $126. Its called volatility for a reason. As we know, it made it back to $360 in less than two trading days.
The hype has died down. The party is over...
Dont get caught holding the bag
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Tactical_Spork
02/02/21 1:33:47 AM
#142:


Ppl having a hard time admitting they got played

I should have sold early, but I didnt. My loss, know better for the future. The bubble popped lol

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Conker
02/02/21 1:38:54 AM
#143:


COVxy posted...
This:


Looks a bit different than this:


No?

If it jumped around the same amount of time after close on Monday (aka: Tuesday morning - that day that hasnt occurred yet), it would look very similar.

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samurai bandit
02/02/21 1:57:40 AM
#144:


Does anyone know if you have to pay interest for investing with a margin account? Those accounts that let you invest immediately with your funds even if they haven't been settled yet.

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ShyOx
02/02/21 2:01:04 AM
#145:


samurai bandit posted...
Does anyone know if you have to pay interest for investing with a margin account? Those accounts that let you invest immediately with your funds even if they haven't been settled yet.

RH already lets me do that and I don't have margins

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kage_53
02/02/21 3:55:21 AM
#146:


Stocks are open in Europe. GME is going for 147 Euros which comes out to $177

Ok so now its at 143 euros.

People on WSB are saying hedge funds are using counterfeit stock to cover the short.
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GoriIIa
02/02/21 3:57:13 AM
#147:


I can't watch! Haha


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#148
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Esrac
02/02/21 4:21:27 AM
#149:


Ouch. Yeah, feeling like I should had sold when it was still over $300. That sucks.
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kage_53
02/02/21 4:46:47 AM
#150:


https://www.highshortinterest.com/

According to this, it doesnt make sense for GME be only around $170ish when their short rate is 120%. Nobody has sold their GME stocks.
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GoriIIa
02/02/21 5:02:24 AM
#151:


Refreshing non-WSB post.
https://www.reddit.com/r/stocks/comments/laln2m/gme_short_squeeze_what_comes_next/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

If shorts have covered, and there is no more fear of losses then why are they still trying to drive the price down, shift attention to Silver, and having the media run amuck with countless baseless claims?

However I disagree with nobody has sold their GME - unless its all FUD, I see tweets about panic selling to cut losses. I also know Chamath had sold his position - the celebs showing support are all probably out by now.

Im holding because I still have hope (see: stubborn). But whats with all the FUD and doomsday posts everywhere if the stock is dead?

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SerenitySays
02/02/21 5:05:46 AM
#152:


AMC taking a big nosedive right now.
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