Share Picks 2021 - Thread banned users post #1

VinLieger wrote: »

Curious if we will see a lot of last minute calls on the shorts spiking the price

At the start of the week Friday was D-Day but think everyone is willing to bring this into next week l. I think if it goes >$250 there will be massive buying of the stock rather than a mass sell out. It’s going to be a long weekend though!

Last hour will be make or break.

did Robinhood actually have a legit reason for doing what they did? was it costing them too much money? Just worried other brokers may have the same issue next week?

Bodjhrjekekr wrote: »

did Robinhood actually have a legit reason for doing what they did? was it costing them too much money? Just worried other brokers may have the same issue next week?

Liquidity issue. As they explained it, they give money to a clearing house who hold it as a cahs balance. When you buy Tesla through Robinhood, they pass the message instantly to the clearing house, and the clearing house take it from the cash balance. At the end of the day, the cash you gave Robinhood goes to clearing house to reload the balance.

The amount flowing into Robinhood this week was too much for that system to keep up with so there was gonna be a point when Paddy wants to buy AMC, Robinhood send the message to clearning house, and clearing house say "insufficient funds". They thought stopping the big volume stocks would continue to trade normal stocks.

Believe what you will.

Question on this. Us markets close at 9, so is it worth keeping an eye around then to see if there's a dip and then hold to Monday with the intention of selling at market open? I made about 15% buying yesterday at two different price points and selling today when I was happy to let it go. Is, hit the 15%. Only gambled a tiny stake to see how it worked, but genuinely curious if this is something that people do regularly, on this and other stocks. Maybe not the right forum to ask the question, but interested to know. I'm happy with my 15%. Might try a rinse and repeat with a slightly higher stake. Note I'm using revolut as it's so accessible for idiots like me who know nothing, and will perhaps take the time to learn some day!

oinkely wrote: »

Question on this. Us markets close at 9, so is it worth keeping an eye around then to see if there's a dip and then hold to Monday with the intention of selling at market open? I made about 15% buying yesterday at two different price points and selling today when I was happy to let it go. Is, hit the 15%. Only gambled a tiny stake to see how it worked, but genuinely curious if this is something that people do regularly, on this and other stocks. Maybe not the right forum to ask the question, but interested to know. I'm happy with my 15%. Might try a rinse and repeat with a slightly higher stake. Note I'm using revolut as it's so accessible for idiots like me who know nothing, and will perhaps take the time to learn some day!

Yep you’re near on day trading... When a stock is this volatile a good money maker. Buy the dip and sell on the rise but you are also playing into the shorts hands.... The reason it is rising is because the vast majority are holding!

Slipperydodger wrote: »

50 shares at a cost per share average of $91... House deposit potential!! Trying to keep calm but it’s been a stressful week in a good way!

Wow, fair play to ya! Hope it goes well!

Is Jim cramer on holidays? Haven't seen a mad money podcast in a few days...

One More Toy wrote: »

Is Jim cramer on holidays? Haven't seen a mad money podcast in a few days...

Been in hospital for the week with a bad back

Ha, he was very public about being first in line for his vaccine a few weeks back.

He had a trapped nerve, he rang into the CNBC today from the hospital, apparently all the hospital staff were asking him if they should buy Gamestock or AMC

Slipperydodger wrote: »

Thanks! I’ve nobody in the real world told... Just stressing away myself

don't tell anybody. enjoy it. treat yourself to some stuff you mightn't have otherwise

predictions for Monday? I'm very tempted to buy in a bit more, even half a share :pac:

Renault 5 wrote: »

Bought 60 shares in NAKD to see what happens next week.

I've 100, Let's see what happens.

Kamu wrote: »

I've 100, Let's see what happens.

Yep I'm in for 80

So the little guys held tough, have a rest for the weekend lads and reassemble on Monday morning