Share Picks 2021 - Thread banned users post #1

TheW1zard

Stalling now, afraid of that 300!

Timmaay

Ok the dust has far from settled yet ha, but where to for the stockmarket now? Also welcome all you new traders. I'm gonna go out on a whim and predict we'll get a nice bounce back and pump across the market as all these new investors all bring even more capital into the stockmarket lol.

dan786

The big gains have been after hours and premarket last few days. Will hold mine till tomorrow. At 3k loss at the moment.

awec

What's the chances of the buy ban being lifted?

LC134

Underground wrote: »

I knew this had gone too far when an Arsenal page I follow on Twitter was tweeting about GME, the 2021 equivalent of your taxi driver giving you stock tips.

Now WSB lingo has made its way into this thread and the markets are starting to behave like crypto markets. This'll all end in tears, and soon.

It has that crypto feel about it - so much distraction, quick buck to be made, the trading being completely new territory for people, huge pressure on brokerages / platforms with existing or to set up a flurry of new accounts, massive internet coverage etc.

Hopefully we come out of it with our pants still on.

jams100

Wasn't this the danger with these zero commission brokers like Robinhood?

They weren't making any money off retail investors so they had to be making their money off someone (hedgefunds/corporate investors).

Hence they shaft the retail investor.
Degiro who do apply charges (although small) haven't stopped people buying any shares.

You dont get anything for free. Am I missing anything here?

dan786

etoro have also banned buying in last 30 mins

Telo123

Got back into GME at 250$ stop loss placed at 220$.Already up 400% on the stock. Maybe I'm getting greedy but let's see what happens 290$ exit point

upandcumming

jams100 wrote: »

Wasn't this the danger with these zero commission brokers like Robinhood?

They weren't making any money off retail investors so they had to be making their money off someone (hedgefunds/corporate investors).

Hence they shaft the retail investor.
Degiro who do apply charges (although small) haven't stopped people buying any shares.

You dont get anything for free. Am I missing anything here?

They sell trading feeds to high-frequency traders... I think!

Fazorb

Lawsuit lodged against robinhood.


https://mobile.twitter.com/Daytraderindaw1/status/1354846775027388416/photo/1

Fazorb

Dave Portnoy - Telling like it is.

https://mobile.twitter.com/stoolpresidente/status/1354848771184750598

VinLieger

https://twitter.com/AOC/status/1354830697459032066

jams100

jams100 wrote: »

Wasn't this the danger with these zero commission brokers like Robinhood?

They weren't making any money off retail investors so they had to be making their money off someone (hedgefunds/corporate investors).

Hence they shaft the retail investor.
Degiro who do apply charges (although small) haven't stopped people buying any shares.

You dont get anything for free. Am I missing anything here?

When the service is free, you're the product.

DutchYurt

I'm tempted to go in on GME now and just hold, I don't see the shorts getting covered by tomorrow.

dan786

They have pissed off alot of people

https://mobile.twitter.com/chamath/status/1354840270064377858

circadian

I'd hope this is the pre moon rocket dip that VW experienced in 2008. I sold at $400 and bought some back in at $130 because I don't think it's over yet. At $400 I suspected it would hold there and I was happy getting out but seeing that bounce. Once the retail traders get back from RH they'll be dumping everything they have into this to burn whatever shorts these guys have left

Clearly not financial advice and I'm just a dumbass on a forum speculating.

buyer95

circadian wrote: »

I'd hope this is the pre moon rocket dip that VW experienced in 2008. I sold at $400 and bought some back in at $130 because I don't think it's over yet. At $400 I suspected it would hold there and I was happy getting out but seeing that bounce. Once the retail traders get back from RH they'll be dumping everything they have into this to burn whatever shorts these guys have left

Clearly not financial advice and I'm just a dumbass on a forum speculating.

Do you mean 230 a share? Surely it never went to 130?

awec

buyer95 wrote: »

Do you mean 230 a share? Surely it never went to 130?

GME? Hit 126 earlier today I think.

cronos

circadian wrote: »

Clearly not financial advice and I'm just a dumbass on a forum speculating.

Aren't we all.

upandcumming

awec wrote: »

GME? Hit 126 earlier today I think.

119.99 I believe today.

CAstudent

Anyone sticking with Nakd - trying to decide how much of a bag I'm willing to hold...

DutchYurt

VinLieger wrote: »

https://twitter.com/AOC/status/1354830697459032066

I'd love to have the chance to disappoint that woman. She's unreal

Jin luk

Blackberry will hopefully explode soon US citizens blocked from buying positions isn't helping but its looking okay hopefully a big rally by EOD

TimeToShine

$130 is a great price to get GME at.

My 2c, I really did think that the meteoric rise would fizzle out as people started to take their profits in the $300-400 range, but the numerous trade halts over the past two days coupled with broker bans have landed us in uncharted waters. What started as a vendetta against two funds has blown up into a full out assault on wall street and the stock market - it is blatant manipulation to screw regular Joe except unlike 2008 people now have a rallying point (wsb/twitter/stocktwits) and numerous platforms through which to organise and execute.

In the long run, this is the final nail in the coffin for the US dollar as far as I'm concerned. I will start to transition my holdings out over the next 6 months and take majority positions in Bitcoin and Ethereum.

patsy_mccabe

Timmaay wrote: »

Ok the dust has far from settled yet ha, but where to for the stockmarket now? Also welcome all you new traders. I'm gonna go out on a whim and predict we'll get a nice bounce back and pump across the market as all these new investors all bring even more capital into the stockmarket lol.

I was wondering why everything is up today. That would explain it.

Atlas_IRL

https://subspac.substack.com/p/spacdaddys-guide-to-2021

awec

So what's the current thinking? Hold until tomorrow, we may see a bit of a surge then?

I got in at 179, have a stop sell set for 160. Genuinely thinking of just cancelling the stop sell and riding it out.

This is it

I know various other investments are being looked at by WSB, like BBBY, AMC, etc. but is it likely they'll hit this hard again against a single company? I know this was largely due to the high % short but surely GME isn't the only company shorted by more than 100%?

Is it likely they'll try smash someone else next week/month?

DutchYurt

Loaded up on GME and more NAKD - this is ****ing stupid but oh well

GoldFour4

https://www.wsj.com/articles/wework-in-talks-to-combine-with-spac-or-raise-money-privately-11611857306