Share Picks 2021 - Thread banned users post #1

Fruks wrote: »

There is another problem which can occur which no one is mentioning and which is fairly plausible in the current volatility. Say you bought at 325 at the close on Friday and set a stop loss at 300 - grand you think to yourself, can’t lose anything more than 25 per share. However, if GME were to gap down in pretrading and open at, say, 150, your stop loss will trigger but the sale will obviously go through at market price - 150. For anyone new to this who thinks that setting a stop loss means you will definitely get that price in a worst case scenario just be aware that this assumption isn’t true.

This is very important for people to know.

To be honest I think it's a bit of a scam that only certain platforms can do pre trading and post trading hours. Put's you at a massive disadvantage if dealing with high volatility products.

Bit of an obscure one, and a real moonshot, KR1 PLC, market cap $60mn

They're a company involved in DeFi, which is essentially the next step of Bitcoin, building financial systems that are based on crypto rather than normal currencies. After last week's shenanegins with the Fed getting involved in Robinhood, I can see this getting more mainstream. The company is a small operations, out of Isle of Man, they essentially are consultants that help out setting up systems, but they get equity in the systems they setup so you're buying a stake in those. They also hold a lot of obscure crypto so as those prices rise, you get a chunk of those too. You can see a list of what they're invested in here
https://www.kryptonite1.co/investments

This is a real longshot, one to stash in the portfolio and not to look at for a year or so. It only trades on some obscure exchanges, neither of which are on Degiro. In the UK, it's on the Aquis exchange under KR1, in Stuttgart it's on the Boirse exchange under K4H (you can buy this on Interactive Brokers). It was trading about 20c a share at Christmas, currently about 60c. I reckon it gets a run while this SEC investigation goes on, and if it goes for Nasdaq listing it would be a nice boost too.

I bought in about 2 weeks back at 50c

[Deleted User] wrote: »

I don't understand the I'm putting in X amount of money into this just to be part of "it" view point. Strange. The market has no feelings.

Most of the "Hold" "Don't Sell!!!" types couldn't give two hoots about sticking it to the 'man'
They just want to protect their onvestment and maximise their own exit point.

This isn't tearing down the Berlin Wall. Simply a gamble. Short trading isn't going to be banned.

You need the hype and people to think they are sticking it to Wall Street to drive price up....Wall Street is making a fortune and laughing at everyone in this ‘movement’ as long as the stock is moving (up or down) they are making money. Retail traders buying with a delay versus the algo computers that trade in mili-seconds.

[Deleted User] wrote: »

Ok, that's your call. Though 2000 is a lot of money to anyone, so I suppose that's why some are trying to warn you. But if you're comfortable with potentially losing 95% of that in a flash, then work away.

Exactly I get the fun bit but this has less chances of a horse at 1000/1 in the grand national.

This is the investment and markets forum. I'd suggest anyone who is totally bored and wants to do nothing other than gamble on stocks go create a thread on the gambling forum.

Timing belt wrote: »

And how much have the made?

No idea, how much?

Timmaay wrote: »

This is the investment and markets forum. I'd suggest anyone who is totally bored and wants to do nothing other than gamble on stocks go create a thread on the gambling forum.

Says the fella who was on about buying dodgecoin on this same thread a few days ago. Jesus wept.

brendanwalsh wrote: »

What do we really think is going to happen ?read a few good theories.

Have the big boys already closed out their most volatile short positions and reopened shorts at less risky numbers for when this all crashes ?

Also I read an interesting thing that over 60% of shares are held by funds, and that Reddit soldiers aren’t really driving this at all, but rather this is a hedge fund versus hedge fund battle.

Another theory I read online is that other hedge funds who already whole game stop may come to an agreement with the hedge funds who have shorted GameStop too much. And may agree to sell them stocks at a reasonable market price to cover their shorts.

Read one article that said half of the 13m RH users held some GME that's pretty insane. The average is probably pretty low but still must make up quite a big overall holding. I wouldn't be surprised if more shorts have been taken given the huge price. It surely, surely has to go back down again? I've not got involved at any point but it's been interesting to watch!

Cute Hoor wrote: »

I think one thing you can be pretty certain of is it will go down, will it go down to $20 is the question, and how long will that take. In the meantime the week ahead looks like being a fun week.

Once it does start to really fall of be interesting to see if all the "yolo hold for life" people stay true and risk seeing it down at 20. Once the hardcore lot sell then the collapse will surely be pretty dam dramatic. I'm guessing those screaming the loudest to hold have been slowly selling some off but not enough to feel guilty about it.

No matter how romantic of an idea that a bunch of redditors are able to stick to hedge funds, reality is they can barely move the market price, their capital is just still too small. Reason GME poped is a bunch of other big dogs on the other side of the trade.
I saw somewhere a buy/sell data for last week from RH, and its was fairly equal with more sells towards the end of the week.

Even if you are hoping for 1k target, chances of it lasting more the couple seconds and your ****ty free retail broker operating at that time is nearly zero.