Current Events > Stock Market General #13

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Vigrim
02/02/21 5:36:25 AM
#153:


kage_53 posted...
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.
Snakes and Ladders.

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ncsonic
02/02/21 5:46:11 AM
#154:


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Vigrim
02/02/21 5:46:14 AM
#155:


kage_53 posted...
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.
Most won't even take the time to look at that unfortunately. Or just go to Google and check the trade volume, they just wonder what the next one is.


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littlebro07
02/02/21 6:52:07 AM
#156:


BignutzisBack posted...
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

@BignutzisBack

A friend saw a TikTok about it and bought 11k shares back in September when it was subpenny. It blew up to a bit over 2 cents when he told me about it and I grabbed 13k shares as it dipped back down to a bit over 1 cent in early October.

Started doing research into the company and found the investorhub board which had sooo much DD and ended up buying a bunch more when I realized that it wasnt just gonna be a quick flip for a profit of several thousand dollars, but a longer hold for a profit of several hundred thousand dollars.

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emblem boy
02/02/21 7:08:58 AM
#157:


Gosh. I'm not even fully following what I've been wanting to do. I've been thinking apple, spy and tesla would easily come back up after last weeks dip and I only put a little bit into those shares/calls yesterday.
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emblem boy
02/02/21 7:43:54 AM
#158:


littlebro07 posted...
BignutzisBack posted...
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

@BignutzisBack

A friend saw a TikTok about it and bought 11k shares back in September when it was subpenny. It blew up to a bit over 2 cents when he told me about it and I grabbed 13k shares as it dipped back down to a bit over 1 cent in early October.

Started doing research into the company and found the investorhub board which had sooo much DD and ended up buying a bunch more when I realized that it wasnt just gonna be a quick flip for a profit of several thousand dollars, but a longer hold for a profit of several hundred thousand dollars.


It too late?
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Esrac
02/02/21 7:47:08 AM
#159:


So, what do you suppose the odds are it'll spike at open vs the odds it'll drop even further?
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theAteam
02/02/21 7:51:00 AM
#160:


Esrac posted...
So, what do you suppose the odds are it'll spike at open vs the odds it'll drop even further?

Definitely dropping hard at open as people capitulate

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Hexenherz
02/02/21 7:56:44 AM
#161:


Fidelity's mobile app is killing me. I have fingerprint login enabled but it wants my full username and password again

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Lebronwon
02/02/21 8:02:48 AM
#162:


INO looking like it might hit $19-20 today. I got in at $12 on Friday back when RH restricted buying to 1 share on that stock.

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Esrac
02/02/21 8:07:23 AM
#163:


Hexenherz posted...
Fidelity's mobile app is killing me. I have fingerprint login enabled but it wants my full username and password again

I tried to transfer $100 there to buy some ENZC, but it won't let me. Does it need to clear the 1 - 3 business days?
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The Trent
02/02/21 8:07:48 AM
#164:


I'm done with this chasing bullshit

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Hexenherz
02/02/21 8:11:47 AM
#165:


Esrac posted...
I tried to transfer $100 there to buy some ENZC, but it won't let me. Does it need to clear the 1 - 3 business days?
When did you start the transfer? I'll have to look into that

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The Trent
02/02/21 8:12:15 AM
#166:


Bout to lose 5k and just cash out
This internet rumor shit is not my play

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Lebronwon
02/02/21 8:15:57 AM
#167:


The Trent posted...
Bout to lose 5k and just cash out
This internet rumor shit is not my play

It wasn't for me either. It was weird people on WSB were saying other stocks were distractions. Put all your money into GME/AMC. At that point I was like i'm going to not follow them and diversify and it worked out. The distractions like INO and CCIV worked out for me.

Hopefully you didn't put all your money into one or two stocks.

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WingsOfGood
02/02/21 8:16:09 AM
#168:






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The Trent
02/02/21 8:16:59 AM
#169:


Lebronwon posted...
It wasn't for me either. It was weird people on WSB were saying other stocks were distractions. Put all your money into GME/AMC. At that point I was like i'm going to not follow them and diversify and it worked out. The distractions like INO and CCIV worked out for me.

Hopefully you didn't put all your money into one or two stocks.

I'm dumb but I'm not stupid
I'm across like 35 stocks

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Lebronwon
02/02/21 8:22:57 AM
#170:


The Trent posted...
I'm dumb but I'm not stupid
I'm across like 35 stocks

That is good. Because I heard some put thier entire savings in these things for the movement. AMC/GME is lucky they got people still hype for them. I was in EXPR and fucked up badly not selling above $10 after getting in at 6.37. I cut losses at 5.25. And right now that stock is at 3.93 in the pre-market. That stock was probably a precursor for GME/AMC today. The movement might be over but some keep saying hold and buy more to keep price up while they get out.

I will get out of AMC if it drops to 8.75 today.

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The Trent
02/02/21 8:25:01 AM
#171:


i was already 175k in the market doing my thing when this came up
this is just not my play

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i'm Trent B and i get respect
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BignutzisBack
02/02/21 8:28:01 AM
#172:


ETrade said my funds would be confirmed to use today, I wonder if that means right when they open? Hopefully

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Lebronwon
02/02/21 8:34:34 AM
#173:


The Trent posted...
i was already 175k in the market doing my thing when this came up
this is just not my play

My only worry is if I cut losses they rebound. Within the last three weeks I got out of SRNE at $9 it about to hit $15. I got out of CLXT at 4.50 it about to hit $11 now.

It makes me think if a company has potential stay if it doesn't have future get out. But I dont know with AMC. Maybe it returns when movies theaters open back up.

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The Trent
02/02/21 8:36:00 AM
#174:


gme is not rebounding, i know that much

amc's five year chart ain't pretty, but i may end up waiting for a post-covid pop and then unload it closer to flush

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Lebronwon
02/02/21 8:43:20 AM
#175:


Alright I will get back in on SRNE today. That stock probably has more of a future than GME/AMC right now.

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JBaLLEN66
02/02/21 8:44:24 AM
#176:


Bout to Dunkirk AMC

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https://www.youtube.com/watch?v=IdR2Iktffaw
The day Capitalism was humiliated :)
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The Trent
02/02/21 8:44:47 AM
#177:


on today's count, between gme and amc i'm down 5k but overall on investments up 1.5k lol

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BignutzisBack
02/02/21 8:52:20 AM
#178:


I have two questions

Can you buy partial shares of GME and others?

If not let's say I have $1,000 and set a limit order for 10 GME at $100, will I only end up getting 9 because of fees or taxes?

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littlebro07
02/02/21 8:53:43 AM
#179:


emblem boy posted...
It too late?

Its under a quarter right now with the very real possibility of going to multiple dollars so no, I dont believe its too late to get in.

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Makeveli_lives
02/02/21 8:59:13 AM
#180:


AMC your killing me. Granted my losses are like 450 right now but dammit I was up like 200 2 days ago.

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roos1046 Reborn
02/02/21 8:59:50 AM
#181:


littlebro07 posted...
Its under a quarter right now with the very real possibility of going to multiple dollars so no, I dont believe its too late to get in.

Which stock are you talking about?

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tommybel89
02/02/21 9:00:44 AM
#182:


Is the feeling that AMC is over, or are weak hands just getting out now?

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The Trent
02/02/21 9:01:12 AM
#183:


my guess would be this whole thing is over and it's not obvious yet

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i'm Trent B and i get respect
your cash and your jewelry is what i expect
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JBaLLEN66
02/02/21 9:04:24 AM
#184:


tommybel89 posted...
over, or are weak hands just getting out now?

pretty sure it's over

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https://www.youtube.com/watch?v=IdR2Iktffaw
The day Capitalism was humiliated :)
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Lebronwon
02/02/21 9:06:20 AM
#185:


tommybel89 posted...
Is the feeling that AMC is over, or are weak hands just getting out now?

Some are saying it is price manipulation by the hedge funds. They are doing short ladders and naked shorting. That the price is going down even though the volume of buy/sell hasn't changed.

Apparently if the hedge funds win and the company goes bankrupt they pay no taxes and there is no investigation into the counterfeit shares so they have reason to cheat and do whatever they can to win. I dont know. Im getting out either way.

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littlebro07
02/02/21 9:08:13 AM
#186:


roos1046 Reborn posted...
Which stock are you talking about?


ENZC

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Jagr_68
02/02/21 9:10:36 AM
#187:


I would wait until the end of the week before making the final decision on AMC.

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The Trent
02/02/21 9:11:28 AM
#188:


if i can get flush this week on AMC i'm out as well
i could see a hold for post-vid bump but i'm not going to wait it out

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i'm Trent B and i get respect
your cash and your jewelry is what i expect
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BignutzisBack
02/02/21 9:11:52 AM
#189:


What the hell Trent are you going to help a guy out or not?

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Lebronwon
02/02/21 9:15:05 AM
#190:


If AMC doesn't hit my stop loss price of 8.75. I will probably stick around. If it drops that low im out.

I'm already finding other long term plays like SRNE. This AMC thing to me was meant to be 1-2 week swing trade anyway.

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JBaLLEN66
02/02/21 9:15:16 AM
#191:


I just dunkirked out of AMC

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https://www.youtube.com/watch?v=IdR2Iktffaw
The day Capitalism was humiliated :)
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The Trent
02/02/21 9:15:36 AM
#192:


BignutzisBack posted...
I have two questions

Can you buy partial shares of GME and others?

If not let's say I have $1,000 and set a limit order for 10 GME at $100, will I only end up getting 9 because of fees or taxes?

@The_Trent @NeonOctopus @emblem_boy

they stopped partial shares at one point, i imagine that's still the case
overall buy limits are prob in place still

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i'm Trent B and i get respect
your cash and your jewelry is what i expect
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BignutzisBack
02/02/21 9:16:45 AM
#193:


The Trent posted...
they stopped partial shares at one point, i imagine that's still the case
overall buy limits are prob in place still

If a stock drops to let's say $150 even, is that the exact amount I would pay for it or do I have to pay some kind of extra fee? I'm just curious if I would be able to pick up 10 stocks if they drop to $100 even by spending exactly a thousand

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The Trent
02/02/21 9:17:17 AM
#194:


no it won't be even math like that

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i'm Trent B and i get respect
your cash and your jewelry is what i expect
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MachineJaipur
02/02/21 9:19:08 AM
#195:


Welp, yesterday was a bad day to buy more AMC lol

Dipping below $9, bought at $14 yesterday oof
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InYourWalls1
02/02/21 9:20:21 AM
#196:


Anyone into Compass Pathways?

I've been thinking of taking the plunge into psilocybin/psychedelic pharma and they look promising

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MachineJaipur
02/02/21 9:22:15 AM
#197:


BignutzisBack posted...
If a stock drops to let's say $150 even, is that the exact amount I would pay for it or do I have to pay some kind of extra fee? I'm just curious if I would be able to pick up 10 stocks if they drop to $100 even by spending exactly a thousand
Some brokers charge a fee depending on the stock in question. I've only noticed a fee on ENZC because it's a fairly new stock and it was worth pennies when I bought in.
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BignutzisBack
02/02/21 9:25:39 AM
#198:


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WingsOfGood
02/02/21 9:27:56 AM
#199:


An Australian broker app Stake is not allowing buying of GME and AMC today.
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littlebro07
02/02/21 9:29:08 AM
#200:


ENZC blowing up premarket

$$$$$

probably gonna tank within 5 minutes of open lol

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WingsOfGood
02/02/21 9:29:33 AM
#201:


Someone has screenshot of Freetrade saying similar that they are restricted on GME.
Idk what that is but they claim it is a UK one.
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BignutzisBack
02/02/21 9:31:00 AM
#202:


I need everyone to join hands and pray that GME drops to $100 today

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