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Share Picks 2021 - Thread banned users post #1

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Comments

  • #2132
    MuddyDog
    Registered Users, Registered Users 2 Posts: 1,889 ✭✭✭MuddyDog


    The after Hours trading price of the stock. So GME closed at 197 but up to 220 or so now.....does that mean if nothing changes between now and opening bell tomorrow the stock will open at 220 or is it entirely separate but gives an indication as to how the market will go on opening?


  • #2133
    dan786
    Registered Users, Registered Users 2 Posts: 3,389 ✭✭✭dan786


    MuddyDog wrote: »
    The after Hours trading price of the stock. So GME closed at 197 but up to 220 or so now.....does that mean if nothing changes between now and opening bell tomorrow the stock will open at 220 or is it entirely separate but gives an indication as to how the market will go on opening?

    Yes the price continues from After Hours to Premarket to open...


  • #2134
    Kilboor
    Registered Users, Registered Users 2 Posts: 1,210 ✭✭✭Kilboor


    MuddyDog wrote: »
    The after Hours trading price of the stock. So GME closed at 197 but up to 220 or so now.....does that mean if nothing changes between now and opening bell tomorrow the stock will open at 220 or is it entirely separate but gives an indication as to how the market will go on opening?


    More of an indication but not always a good one.


    Volume falls massively for pre market and after market trading, it's also not as affected by factors such as the overall market measures i.e. S&P500 (which opens at 14:30 our time) so on open things can change drastically


  • #2135
    Ush1
    Registered Users, Registered Users 2 Posts: 11,468 ✭✭✭✭Ush1


    What people are saying isn't correct. What started the redditor investing in gamestop was he felt it was undervalued. The short squeeze idea came later


  • #2136
    Kilboor
    Registered Users, Registered Users 2 Posts: 1,210 ✭✭✭Kilboor


    dan786 wrote: »
    Yes the price continues from After Hours to Premarket to open...


    This isn't true again, a stocks gain in a day is measured from 9.30 - 4pm (EST).

    Stock can be up 5% in pre market and open -5%.


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  • #2137
    ted1
    Registered Users, Registered Users 2 Posts: 23,999 ✭✭✭✭ted1


    dan786 wrote: »
    Germans bought it at 350$ this morning and bought the price upto to $500 premarket so doubt they will be selling in the morning. They will be buying more to lower their average cost.

    The Reddit link explained it well for me.


  • #2138
    crushproof
    Registered Users, Registered Users 2 Posts: 3,146 ✭✭✭crushproof


    I spotted New Concept Energy going up and up today. Got in at 7 and out at 9 when there was pullback.

    Just looked at the closing price and its $25! Up from $2.30 this morning! Missed the boat there!


  • #2139
    dan786
    Registered Users, Registered Users 2 Posts: 3,389 ✭✭✭dan786


    Its 260 after hours


  • #2140
    dan786
    Registered Users, Registered Users 2 Posts: 3,389 ✭✭✭dan786


    Kilboor wrote: »
    This isn't true again, a stocks gain in a day is measured from 9.30 - 4pm (EST).

    Stock can be up 5% in pre market and open -5%.

    Look at what the question was.


  • #2141
    GoldFour4
    Moderators, Sports Moderators Posts: 5,270 Mod ✭✭✭✭GoldFour4


    Robinhood announced they'll allow trading of assets they banned from tomorrow.


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  • #2142
    thomas 123
    Registered Users, Registered Users 2 Posts: 2,980 ✭✭✭thomas 123


    Word on Reddit is Robinhood is allowing buys tomorrow on GME, if that’s the case we may just be in the money.


  • #2143
    [Deleted User]
    Posts: 7,946 ✭✭✭ [Deleted User]


    malistheman wrote: »
    Robinhood announced they'll allow trading of assets they banned from tomorrow.


    Thats nice if them.


  • #2144
    [Deleted User]
    Posts: 45,738 ✭✭✭✭ [Deleted User]


    AMC and GME getting pumped in after hours!!


  • #2145
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,485 ✭✭✭✭VinLieger


    thomas 123 wrote: »
    Word on Reddit is Robinhood is allowing buys tomorrow on GME, if that’s the case we may just be in the money.


    If its true that Citadel et al reloaded their shorts during todays no buy shenanigans then this might be too late


  • #2146
    dan786
    Registered Users, Registered Users 2 Posts: 3,389 ✭✭✭dan786


    275 now


  • #2147
    buyer95
    Registered Users, Registered Users 2 Posts: 3,356 ✭✭✭buyer95


    Robinhood lifting it's buy ban is driving this way up in after hours trading.


  • #2148
    [Deleted User]
    Posts: 45,738 ✭✭✭✭ [Deleted User]


    GME $277
    AMC $11.11


    and both rising fast


  • #2149
    dan786
    Registered Users, Registered Users 2 Posts: 3,389 ✭✭✭dan786


    Well done if you got in at close


  • #2150
    Kilboor
    Registered Users, Registered Users 2 Posts: 1,210 ✭✭✭Kilboor


    dan786 wrote: »
    Look at what the question was.


    The price paid on open (9.30) is the first price of the day. A stock won't open at the last after market price paid, it will open at the first open price paid.


  • #2151
    [Deleted User]
    Posts: 3,754 ✭✭✭ [Deleted User]


    dan786 wrote: »
    Well done if you got in at close

    Revolut decided I wasn't worthy.


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  • #2152
    dontparkhere
    Registered Users, Registered Users 2 Posts: 71 ✭✭dontparkhere


    VinLieger wrote: »
    If its true that Citadel et al reloaded their shorts during todays no buy shenanigans then this might be too late

    Could you explain that one please


  • #2153
    buyer95
    Registered Users, Registered Users 2 Posts: 3,356 ✭✭✭buyer95


    Robinhood executes transactions through Citadel, apparently.

    Citadel are the ones who backed Melvin Capital for $2.75B, which evaporated almost instantly.

    What we saw today is literal market manipulation by a company that directly works with a party of interest.

    And yet, GME survived this massive short attack. Bodes well for tomorrow. (I sold 95% of my position yesterday, and won't be buying in again. What I've left in is for fun. This is not advice to buy.)


  • #2154
    dan786
    Registered Users, Registered Users 2 Posts: 3,389 ✭✭✭dan786


    Shorts have not been covered but they have managed to reduce their losses.


  • #2155
    John Hutton
    Closed Accounts Posts: 1,301 ✭✭✭John Hutton


    The original lad on reddit has balls of steel how did he hold when he was due millions


  • #2156
    dan786
    Registered Users, Registered Users 2 Posts: 3,389 ✭✭✭dan786


    For my fellow Nakd boardsies its up after hours also


  • #2157
    Kilboor
    Registered Users, Registered Users 2 Posts: 1,210 ✭✭✭Kilboor


    dan786 wrote: »
    Shorts have not been covered but they have managed to reduce their losses.


    121% latest data? https://finviz.com/quote.ashx?t=gme


  • #2158
    LC134
    Registered Users, Registered Users 2 Posts: 50 ✭✭LC134


    VinLieger wrote: »
    If its true that Citadel et al reloaded their shorts during todays no buy shenanigans then this might be too late

    But is there not still a substantial amount of uncovered shorts ? The rise in price impacts them no?


  • #2159
    jams100
    Registered Users, Registered Users 2 Posts: 887 ✭✭✭jams100


    Can I suggest we move this whole Gme, amc, nakd stuff into the shorted thread or a new thread ?

    https://www.boards.ie/vbulletin/showthread.php?p=116088751

    I think this whole gamestop thing is going to keep going on...this thread used to have some good discussion and new stocks to look at, now its just page after page of what price is gme this second.
    Just my own thoughts anyway :)


  • #2160
    VinLieger
    Registered Users, Registered Users 2 Posts: 19,485 ✭✭✭✭VinLieger


    LC134 wrote: »
    But is there not still a substantial amount of uncovered shorts ? The rise in price impacts them no?
    dontparkhere wrote: »
    Could you explain that one please


    There could still be a lot of uncovered shorts, hopefully there is but it sounds like Citadel have extended out their period for when their shorts would be due which means the real criminals in all this may not receive any of the pain if it really does come tomorrow.


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  • #2161
    daheff
    Registered Users, Registered Users 2 Posts: 6,111 ✭✭✭daheff


    So as I understand it Robinhood was going to be IPO'd soon.

    After stopping buying GME/AMC today I can see loads of users leaving them.... meaning no point in ipo??


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