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Share Picks 2021 - Thread banned users post #1

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Comments

  • #1532
    cronos
    Registered Users, Registered Users 2 Posts: 2,720 ✭✭✭cronos


    Bodjhrjekekr wrote: »
    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

    That was just a loan. I was thinking they could pay off the loan with a new offering of shares. Although they are probably smart enough to know that if they do that the shares will just tank anyway so they are just going to ride it out.


  • #1533
    Kilboor
    Registered Users, Registered Users 2 Posts: 1,210 ✭✭✭Kilboor


    https://twitter.com/michaeljburry/status/1354589505928355845?s=19

    Burry.


  • #1534
    dan786
    Registered Users, Registered Users 2 Posts: 3,393 ✭✭✭dan786


    WSB is back


  • #1535
    buyer95
    Registered Users, Registered Users 2 Posts: 3,356 ✭✭✭buyer95


    dan786 wrote: »
    WSB is back

    And it's starting to consolidate again in price


  • #1536
    cronos
    Registered Users, Registered Users 2 Posts: 2,720 ✭✭✭cronos


    Kilboor wrote: »
    https://twitter.com/michaeljburry/status/1354589505928355845?s=19

    Burry.

    Totally agree on that. It's like when they tried to close down Napster, then you had limewire and torrents... It just moves around. There will always be another discord group and another forum.


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  • #1537
    Scuid Mhór
    Registered Users, Registered Users 2 Posts: 2,326 ✭✭✭Scuid Mhór


    cronos wrote: »
    Totally agree on that. It's like when they tried to close down Napster, then you had limewire and torrents... It just moves around. There will always be another discord group and another forum.

    I don't think Burry has ever said a single thing that I disagreed with.


  • #1538
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,495 ✭✭✭✭VinLieger


    Wow interesting night, i was in the discord and while it was a chaotic mess i honestly didnt see a lot of hate speech so im pretty suspicious about the real reasons for killing it.

    Heres a good thread explaining how the short covers might likely operate though too https://www.reddit.com/r/wallstreetbets/comments/l6o7ed/since_it_got_removed_when_do_we_sell_a_quick


  • #1539
    riddles
    Registered Users, Registered Users 2 Posts: 2,105 ✭✭✭riddles


    In DEGIRO is it possible to buy a share and set a limit by which if it increases or decreases by a certain % the share is automatically sold.

    Can you recommend a platform that supports after hours trading?
    Thanks

    R


  • #1540
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,495 ✭✭✭✭VinLieger


    riddles wrote: »
    In DEGIRO is it possible to buy a share and set a limit by which if it increases or decreases by a certain % the share is automatically sold.

    Can you recommend a platform that supports after hours trading?
    Thanks

    R

    Afaik no retail apps support after hours or pre market.

    Check Degiros faqs for how to use their orders https://www.degiro.ie/helpcenter/faq/orders/1122


  • #1541
    drunkmonkey
    Registered Users, Registered Users 2 Posts: 28,484 ✭✭✭✭drunkmonkey


    Is anyone touching these on Euro exchanges before the US opens this afternoon?


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  • #1542
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,495 ✭✭✭✭VinLieger


    cronos wrote: »
    If the casino atmosphere remains I will. This isn't investing.


    Firstly its always been a casino, secondly, youve been involved since November i don't think you or to be honest anyone else gets to say what is or isn't investing.

    This is literally the attitude that's fueling this whole thing now, the arrogant entitlement of "your not playing the game right".


  • #1543
    Treppen
    Registered Users, Registered Users 2, Paid Member Posts: 4,849 ✭✭✭Treppen


    Treppen wrote: »
    ...


    Sorry I'm off topic, so I'll just keep tipping Magnis Resources ( ASX:MNS ) for a long term play (2 years). They're going from mining all the way to manufacture/supply of rechargable batteries + building more gigafactories . Musk himself says he won't have enough supply from his own gigafactories. Plus they have new technology with fast charge (85% charge from empty in 6 mins). The aim for Musk is to have private houses buying their own battery pack from him and then using solar to go off grid (obviously in Australia first) , so I'm hoping Magnis will be planning the same with their plant in Townsville.
    I've been tipped these first on here at 47c and gotton burned but averaged down again when they were about 10c. They seem to be ebbing back down again from new level hovering at 20c so I might wait till 15c or so.
    Not putting in major money, just selling off my trash green cannabubble stocks and seeing if I can make a silk purse from a sows ear.
    It's a little entertaining to watch the ASX when everyone else is in bed over in the Western hemisphere too.

    Anyone know who tipped them first ? It was about 2017.



    Just for some nostalgia, I think theres still a bit of gas in the tank. Although I know there were a fair few burned on here before.

    Could be a shakedown this week, but with production due to start in 2022 theres a long road ahead.

    Only problem is I'm always asleep when the ASX is partying.


  • #1544
    Timing belt
    Registered Users, Registered Users 2 Posts: 3,619 ✭✭✭Timing belt


    VinLieger wrote: »
    Firstly its always been a casino, secondly, youve been involved since November i don't think you or to be honest anyone else gets to say what is or isn't investing.

    This is literally the attitude that's fueling this whole thing now, the arrogant entitlement of "your not playing the game right".



    How do you know that that the short positions haven't been closed out?

    Is there anyway of seeing what the short position is as of today?


  • #1545
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,495 ✭✭✭✭VinLieger


    Timing belt wrote: »
    How do you know that that the short positions haven't been closed out?

    Is there anyway of seeing what the short position is as of today?


    Firstly they havent been closed out there hasnt been enough movement to allow all the short positions to be closed and if they were closed the price would be on the floor.


    Also there was a report yesterday showing the current shorts were still at 139%


    The reports on cnbc etc claiming melvin and citron had closed out were lies and quite simply illegal market manipulation.


  • #1546
    Outkast_IRE
    Registered Users, Registered Users 2 Posts: 7,511 ✭✭✭Outkast_IRE


    drunkmonkey wrote: »
    Is anyone touching these on Euro exchanges before the US opens this afternoon?

    My shares are on the Frankfurt exchange, a good few mornings this week if you were so inclined you could of left in a sell order for a relatively high price and would of caught it .

    The only reason i bought on euro exchange was i thought originally there would be some addiitonal tax or something when working on the NYSE , but outside of the currency variations i dont think there is a downside.


  • #1547
    Supercell
    Registered Users, Registered Users 2 Posts: 15,934 ✭✭✭✭Supercell


    r/wallstreetbets working fine for me this morning, I was subbed previously but never posted on there. Looks normal (well as normal as it ever was!)
    SLV seems to be gaining traction as a next target.
    https://www.loughlinstown.ie/


  • #1548
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,495 ✭✭✭✭VinLieger


    Supercell wrote: »
    r/wallstreetbets working fine for me this morning, I was subbed previously but never posted on there. Looks normal (well as normal as it ever was!)


    Yeah its working well, seriously disappointed that discord caved to outside pressure though


  • #1549
    SteelyDanJalapeno
    Registered Users, Registered Users 2 Posts: 14,470 ✭✭✭✭SteelyDanJalapeno


    Frankfurt GME doesn't hold the same shorts as NYSE, that is just organic growth, I'd be double checking what exactly you're invested in there.


  • #1550
    Timing belt
    Registered Users, Registered Users 2 Posts: 3,619 ✭✭✭Timing belt


    VinLieger wrote: »
    Firstly they havent been closed out there hasnt been enough movement to allow all the short positions to be closed and if they were closed the price would be on the floor.


    Also there was a report yesterday showing the current shorts were still at 139%


    The reports on cnbc etc claiming melvin and citron had closed out were lies and quite simply illegal market manipulation.

    If the shares are not being sold to allow the hedge funds to close out there positions how are the retail investors managing to buy shares!!!

    There was 61m shares shorted on the 15/1 since then there have been 810m shares traded. I don't get where you are saying there has not been enough movement to allow the short positions to be closed.

    What looks like is happening at the moment is that the day traders are cleaning up as more and more people pile in and they are waiting to burn them to teach them a lesson.


  • #1551
    drunkmonkey
    Registered Users, Registered Users 2 Posts: 28,484 ✭✭✭✭drunkmonkey


    Virgin Galactic has a massive short interest, there's a lot of share outstanding though, I'm surprised it hasn't been mentioned, dipped over night but is having a good month.


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  • #1552
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,495 ✭✭✭✭VinLieger


    Timing belt wrote: »
    If the shares are not being sold to allow the hedge funds to close out there positions how are the retail investors managing to buy shares!!!

    There was 61m shares shorted on the 15/1 since then there have been 810m shares traded. I don't get where you are saying there has not been enough movement to allow the short positions to be closed.

    What looks like is happening at the moment is that the day traders are cleaning up as more and more people pile in and they are waiting to burn them to teach them a lesson.


    All reporting is saying they are still shorted to 139% and the most recent data is from yesterday

    https://www.reddit.com/r/wallstreetbets/comments/l6pvq1/most_recent_short_interest/


  • #1553
    drunkmonkey
    Registered Users, Registered Users 2 Posts: 28,484 ✭✭✭✭drunkmonkey


    VinLieger wrote: »
    All reporting is saying they are still shorted to 139% and the most recent data is from yesterday

    https://www.reddit.com/r/wallstreetbets/comments/l6pvq1/most_recent_short_interest/

    Not sure how accurate this seems to be pulling the data from somewhere https://www.highshortinterest.com/all/


  • #1554
    Prunty
    Registered Users, Registered Users 2 Posts: 253 ✭✭Prunty


    If AMC and BB aren't shorted like GME is it inevitable that they'll tank in the next few days or is there any truth to the redditors investing their gains on Friday in either of those stocks? Is it really just the hedges pumping some money into other stocks to try and whittle away potential GME investors from WSB?


  • #1555
    JoeCole26
    Registered Users, Registered Users 2 Posts: 434 ✭✭JoeCole26


    Going to be another dark day it looks like. Brace yourselves. Stay strong.


  • #1556
    Timing belt
    Registered Users, Registered Users 2 Posts: 3,619 ✭✭✭Timing belt


    VinLieger wrote: »
    All reporting is saying they are still shorted to 139% and the most recent data is from yesterday

    https://www.reddit.com/r/wallstreetbets/comments/l6pvq1/most_recent_short_interest/

    I have seen all the posts on redit and screenshots but I have no faith in them.

    The only place that you would get accurate information is from the Brooker-dealers that lent the short seller the shares and they won't be sharing that info with the market.

    The Brokers-dealers are required to report their short positions only twice a month. Any short positions reported by the FiNRA or the exchanges yesterday would have been the short positions as at the 15/1

    https://www.finra.org/filing-reporting/regulatory-filing-systems/short-interest


  • #1557
    peterofthebr
    Registered Users, Registered Users 2 Posts: 391 ✭✭peterofthebr


    Cnbc said there general market is down due to concerns coming from reddit. I feel they will force the reddit feed to be stopped as they said (on reddit) they were targeting certain hedge funds-targeting hedge funds is illegal under regulation


  • #1558
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,495 ✭✭✭✭VinLieger


    peterofthebr wrote: »
    Cnbc said there general market is down due to concerns coming from reddit. I feel they will force the reddit feed to be stopped as they said (on reddit) they were targeting certain hedge funds-targeting hedge funds is illegal under regulation


    So is market manipulation but hedge funds do it all the time and see no repercussions, if this once and for all exposes the double standard it will have done something.

    Also many are now pointing out that WSB has effectively become its own hedge fund.


  • #1559
    Bodjhrjekekr
    Registered Users, Registered Users 2 Posts: 147 ✭✭Bodjhrjekekr


    Prices are certain stocks, eg AMC started tanking from 1 minute past the close yesterday, when most retail traders couldn't trade - seems dodgy to me, could that itself be some kind of market manipulation, mass selling immediately in after hours? Trying to scare off people when the markets re-open?


  • #1560
    Cute Hoor
    Registered Users, Registered Users 2 Posts: 1,788 ✭✭✭Cute Hoor


    I am going to suggest that we have a separate topic for the Shorting phenomena, and leave the Share Picks 2021 for the normal run of the mill stuff, might make it easier to follow both.

    Feel free to ignore my suggestion of course

    https://www.boards.ie/vbulletin/showthread.php?t=2058154296


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  • #1561
    peterofthebr
    Registered Users, Registered Users 2 Posts: 391 ✭✭peterofthebr


    It would be good if retail investors helt onto positions like in amc until next week anyway to force squeeze the shorter out. If the regulations can 'prove' reddit actions were against certain hedge funds. NASDAQ may stop buying of AMC on exchange(possibly)
    .. saving hedge funds..

    Will be interesting to see how it goes today


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