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Share Picks 2021 - Thread banned users post #1

DutchYurt

And we're off..

To start -
4D Pharma - incoming NASDAQ listing
ATVI - My gaming stock pick with COD and PS5
AYX - Software company, has been turbulent but I can see it going to 200
AMD - Switching from Intel
BE - Energy play for me
CIEN - Telecommunications/software leaders in their field think they have some growth
PSTH - No further introduction
SQ - Really interested in their play to become a bank and BTC payments. Banks are interested in fintech but I think fintech are more interested in banks.
CHGG - Online learning, I don't see it going any where soon - room for this stock would love to see a buy out
EDSA - I'm bag holding but will be super promising of the phase 2 trials go well for EB01/EBO5 buyer beware on this one
IAG - Want to see the damage Brexit does then will hold for a few years.

I'm also looking into some infrastructure engineering companies in the US alot of it has been put on the back foot by Trump, can't ignore it forever so should see some uptick with Biden.

Thread banned users:
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Cute Hoor

TDAmeritrade announcement

In the interest of mitigating risk for our company and clients, we have put in place several restrictions on some transactions in $GME, $AMC and other securities. We made these decisions out of an abundance of caution amid unprecedented market conditions and other factors.

MikeSoys

Cute Hoor wrote: »

TDAmeritrade announcement

In the interest of mitigating risk for our company and clients, we have put in place several restrictions on some transactions in $GME, $AMC and other securities. We made these decisions out of an abundance of caution amid unprecedented market conditions and other factors.

Elon wont be happy with that :-)

Supercell

SPY almost down 2% , haven't seen that since last March, more confidant of holding what i have than then, could get real ugly in the pumped to heaven stocks though.

thomas 123

Trading 212 down again ...

shennymulligan

The ironic thing about this WSB/'to the moon' movement is they are unwittingly acheiving the opposite of what they are setting out to do.

Market inefficiences will benefit the institutional investment firms. Institutional traders with their armies of quantitative analysts and arificial intelligence are probably already, as we post, backtesting new strategies to profit from this new market behaviour.

They will find a strategy that works, feed it into the algo trader, and cash in.

dan786

Chamath sold GME that he invested in yesterday hence the fall

Donating 500k profits but made a killing in one day

patsy_mccabe

JeffKenna wrote: »

But if the company is more than 100% shorted will a lot of buyers be closing their positions?

If I understand it right, serious losses for short sellers here. They might be better to hold tough and wait for the madness to end. I find it hard to think that those pumping the stock will keep buying. Those in the background holding stocks all along, will keep selling at those prices. It's a question of which army runs out of ammunition first.

The whole thing is mad. Its like an online revolution against Wall Street.

VinLieger

patsy_mccabe wrote: »

The whole thing is mad. Its like an online revolution against Wall Street.

Finally you get it

Take Your Pants Off

I knew I should had sold at 350!! Went to greedy...

awec

See when someone says it's shorted to 139%, what does that mean?

Outkast_IRE

Can i ask, i use degiro , what exchanges do you currently buy on . I note that the Frankfurt exchange is fairly hefty on the transaction fees vs NYSE or similar.

If you buy NYSE shares are you liable for any extra costs when selling the shares outside of the inevitable currency issues and CGT on profits ?

Nemeses2050

CRSR, WKHS, RIDE all flying

neris

Outkast_IRE wrote: »

Can i ask, i use degiro , what exchanges do you currently buy on . I note that the Frankfurt exchange is fairly hefty on the transaction fees vs NYSE or similar.

If you buy NYSE shares are you liable for any extra costs when selling the shares outside of the inevitable currency issues and CGT on profits ?

the shares trade in 2 different currencies tough and dont necessarily follow the same trend or pace of trend.

Outkast_IRE

awec wrote: »

See when someone says it's shorted to 139%, what does that mean?

My basic understanding is when shorting shares they are "borrowed" from investment banks , financial institutions or similar for a period of time. The person shorting it believes the share price will go down before the expiration date. So they sell the shares at current market price but will buy them back and return to the lender at the expiration date. If the share price goes up before the expiration date then the short seller is liable for difference as they must return the shares at any cost essentially.

https://www.investopedia.com/terms/s/shortselling.asp

Nemeses2050

positron wrote: »

I don't have any GME shares, and I am dead jealous of anyone who got in earlier on and held on to them - BUT - would the eventual crash of GME pyramid take down every stock as well?

Is it safer to cash in TSLA etc for a few weeks and wait and watch..!

I guess, nobody knows....

I would say there's a chance market will dip a little ....I'm expecting market correction sooner...

dan786

GME is tanking

awec

Outkast_IRE wrote: »

My basic understanding is when shorting shares they are "borrowed" from investment banks , financial institutions or similar for a period of time. The person shorting it believes the share price will go down before the expiration date. So they sell the shares at current market price but will buy them back and return to the lender at the expiration date. If the share price goes up before the expiration date then the short seller is liable for difference as they must return the shares at any cost essentially.

https://www.investopedia.com/terms/s/shortselling.asp

I know what shorting is, I was just wondering what the 139% bit is about.

patsy_mccabe

VinLieger wrote: »

Finally you get it

I got it all along. But the revolutionaries won't win, because the stock (GME) is worthless. That's why it was shorted so much, to begin with.

Take Your Pants Off

Is anyone else here experiencing difficulties selling gme on trading212?

VinLieger

dan786 wrote: »

GME is tanking

Holding at 300 for now

Fazorb

dan786 wrote: »

GME is tanking

No its not

dan786

Fazorb wrote: »

No its not

Yeah up again, wonder when it will end.

Fruks

awec wrote: »

I know what shorting is, I was just wondering what the 139% bit is about.

It means that 139% of the float is sold short, in other words the equivalent of the entire float shares in GME plus 39%. This would seem to indicate that they were naked shorts, which is why the bloodbath for them has been quite so bad as it has.

TimeToShine

awec wrote: »

I know what shorting is, I was just wondering what the 139% bit is about.

It's related to the floating shares, e.g. company has 100m shares outstanding, 80m floating shares or 80% float and the other 20% owned by insiders. 150% short interest means there is 120m shares that have been "borrowed" to be sold at more cheaply at a later date. It works fine in a highly liquid market, but if WSB keep buying and holding GME shares then the volume simply isn't there to cover so the shorts are getting more and more exposed as the price increases.

SmokyMo

shennymulligan wrote: »

The ironic thing about this WSB/'to the moon' movement is they are unwittingly acheiving the opposite of what they are setting out to do.

Market inefficiences will benefit the institutional investment firms. Institutional traders with their armies of quantitative analysts and arificial intelligence are probably already, as we post, backtesting new strategies to profit from this new market behaviour.

They will find a strategy that works, feed it into the algo trader, and cash in.

In my opinion I doubt it.. there is no quantitative edge here, just social behavior. Sentiment analysis maybe? Thats more ML. Also extremely hard to model and backtest.

They already front running free brokers so I would image HFTs made a killing as well.

Stock market world is bigger than GME, AMC etc.. big dogs are busy with other stuff

pajosjunkbox

Bought GME on Monday. Went down 4k a couple of hours after. My stop loss kicked in today and came away with 12k profit. My heart has taken an absolute pounding.....

thomas 123

pajosjunkbox wrote: »

Bought GME on Monday. Went down 4k a couple of hours after. My stop loss kicked in today and came away with 12k profit. My heart has taken an absolute pounding.....

Congrats mate! Massive money for essentially nothing!

crushproof

Crikey as a small stock holder some of the sums I'm seeing on this thread today are incredible. Few new cars in the driveway for some I hope.

MikeSoys

again something on AMC (this is the twr handle #saveamc) - this is like what happend with bitcoin earlier in the month,

"..There is currently $38 MILLION USD worth of shorts on $AMC

When these short sellers don't hit their price target, they have to come out of pocket to COVER the shorts or buy the shares

This causes the price to rise... to the moon! RocketRocketRocketRocket..."

buyer95

My head is melted, so just decided to take my profits. Got out there when it touched 350 dollars a share. Left one share in there for the craic.