Share Picks 2021 - Thread banned users post #1

Underground · 27-01-2021 11:51PM

You'd have to imagine that if the WSB subreddit were to be terminated, that'd be all she wrote for the GME run.

Oh, and Discord blaming the ban on offensive language is an absolute cop out.

Kilboor · 27-01-2021 11:52PM

Crazy times in the market, had two messages today from completely non stock market people asking about GameStop.

I'm ready for the chaos to end, day trading isn't my thing. At the same time great to see people making money, don't lose it on another gamble after please !!

JeffKenna · 27-01-2021 11:52PM

Is it terminated or are people blocked? I used to be a member but never posted, can't access it now.

buyer95 · 27-01-2021 11:54PM

Plummeting now in after hour trading.

dan786 · 27-01-2021 11:54PM

Did Melvin pay Reddit to take it down haha. Everyone sells at open and price falls so they can cover their shorts

Bodjhrjekekr · 27-01-2021 11:54PM

Underground wrote: »

You'd have to imagine that if the WSB subreddit were to be terminated, that'd be all she wrote for the GME run.

Oh, and Discord blaming the ban on offensive language is an absolute cop out.

I feel like this is gone beyond reddit now, like KOSS went up nearly 500% and I don't think it was mentioned much on WSB? Unless it was on discord?

sirboby · 27-01-2021 11:54PM

JeffKenna wrote: »

Is it terminated or are people blocked? I used to be a member but never posted, can't access it now.

Long time members are also locked out, only mod access atm

dan786 · 27-01-2021 11:55PM

GME down to 260$

Bodjhrjekekr · 27-01-2021 11:56PM

the after hour trading could potentially could be hedge funds etc trying to scare people off? Will see tomorrow I guess

dan786 · 27-01-2021 11:56PM

Falling fast 240 now

Kilboor · 27-01-2021 11:57PM

Bodjhrjekekr wrote: »

I feel like this is gone beyond reddit now, like KOSS went up nearly 500% and I don't think it was mentioned much on WSB? Unless it was on discord?

It's chaos, people are buying anything shorted. Koss was mentioned on WSB though.

Blockbuster Liquidating corp was up 700% today. Confusion with BB blackberry symbol as well as people buying dead companies.

dan786 · 27-01-2021 11:57PM

Lol

"WallStreetBets is under in tents load and is only for approved submitters. In the meantime, please enjoy some spaghetti. https://www.youtube.com/watch?v=gW1GR7BECq4"

buyer95 · 28-01-2021 12:01AM

If WSB comes back I may actually buy this dip at opening. If the subreddit is gone then it's over .

dan786 · 28-01-2021 12:02AM

222$

buyer95 · 28-01-2021 12:03AM

AMC also tanking.

dan786 · 28-01-2021 12:05AM

So Reddit and Discord shutdown making the stock plummet.

dan786 · 28-01-2021 12:09AM

Recovered from 222 back to almost 300

We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back.

Valhallapt · 28-01-2021 12:13AM

BB tanking also

Morrison J · 28-01-2021 12:14AM

https://www.reddit.com/r/Wallstreetbetsnew/

Bodjhrjekekr · 28-01-2021 12:14AM

i typed wallstreetbets into reddit and theres some new subs that are similar now eg wallstreetbets_

cronos · 28-01-2021 12:16AM

dan786 wrote: »

Recovered from 222 back to almost 300

It would appear someone's created a new one. https://www.reddit.com/r/Wallstreetbetsnew/

Reminds me of the early days of Napster in 1999 and hearing about it on SkyNews.

Darando · 28-01-2021 12:19AM

Morrison J wrote: »

https://www.reddit.com/r/Wallstreetbetsnew/

closing the original could just add fuel to the fire! especially with a new WSB opening....be some craic tomorrow either way...so much for the Share Picks 2021 thread

unplayable · 28-01-2021 12:23AM

Is NOK the one for tomorrow?

cronos · 28-01-2021 12:27AM

Darando wrote: »

closing the original could just add fuel to the fire! especially with a new WSB opening....be some craic tomorrow either way...so much for the Share Picks 2021 thread

It's definitely history making one way or the other. I don't care so much if a few hedge funds take a bath but hoping it's not a bath on the normal retail investors. If it's for small amounts that they can lose then fine but hopefully not serious amounts. Would prefer it be the hedge funds though personally.

One good thing that could come out of this is to reduce the ability to short a company so heavily. It really feels like kicking someone when they are down which is all too easy in a pandemic where businesses can't even open. That's the one positive is companies like AMC might have been benefiting to some extent, perhaps help them survive. I like to think that cinema's will continue to exist in the future. It would be bleak without them. Gamestop on the other hand is tricky to justify going forward unless they change the business. Internet connections have just become fast enough to download everything, so why have the middleman and with cloud gaming you don't even need to download the game.

cc87 · 28-01-2021 12:28AM

unplayable wrote: »

Is NOK the one for tomorrow?

I'll happily eat my hat if I'm wrong but NOK has too many shares available for a short squeeze to work I think.

It's already had a higher short interest than AMC.

Bodjhrjekekr · 28-01-2021 12:31AM

How do Gamestop and AMC benefit, do they get a percentage even if people sell their shares and it crashes?

I actually think AMC shares will bounce back in the future anyway, whenever 'normal' resumes, could be like 5 years time to be fully back. I think people will want to go back to the simple times when we could go to the cinema.
I was looking at the 5 year graph though, and even before corona their shares were going down a lot year on year, I'm not sure why

cronos · 28-01-2021 12:33AM

Bodjhrjekekr wrote: »

How do Gamestop and AMC benefit, do they get a percentage even if people sell their shares and it crashes?

I actually think AMC shares will bounce back in the future anyway, whenever 'normal' resumes, could be like 5 years time to be fully back. I think people will want to go back to the simple times when we could go to the cinema.
I was looking at the 5 year graph though, and even before corona their shares were going down a lot year on year, I'm not sure why

I honestly don't know if they do benefit. If it was me I'd have been doing an offering of new shares and that way they would benefit from reduced borrowing.

Wingman2010 · 28-01-2021 12:34AM

unplayable wrote: »

Is NOK the one for tomorrow?

Plus Naked.

SteelyDanJalapeno · 28-01-2021 12:34AM

Bodjhrjekekr wrote: »

How do Gamestop and AMC benefit, do they get a percentage even if people sell their shares and it crashes?

I actually think AMC shares will bounce back in the future anyway, whenever 'normal' resumes, could be like 5 years time to be fully back. I think people will want to go back to the simple times when we could go to the cinema.
I was looking at the 5 year graph though, and even before corona their shares were going down a lot year on year, I'm not sure why

AMC have benefited by selling 300m worth of stock today

Bodjhrjekekr · 28-01-2021 12:36AM

cronos wrote: »

I honestly don't know if they do benefit. If it was me I'd have been doing an offering of new shares and that way they would benefit from reduced borrowing.

It actually did save AMC: https://www.cbsnews.com/news/amc-movie-theater-avoid-bankruptcy/

I just don't get the ins and outs of it really

Share Picks 2021 - Thread banned users post #1

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