Share Picks 2021 - Thread banned users post #1

Timing belt · 01-02-2021 12:40AM

daheff wrote: »

So how do people think this short squeeze will end up?

I'm guessing SEC steps in and forces trades.

I think it ends when people work out that they have been misled and lost everything. Most people with a brain will have exited with profit before then.

01-02-2021 01:07AM

Pre-market in the morning will be very interesting. For once on a Monday I won't have to drag myself out of bed!

cronos · 01-02-2021 01:13AM

ShineOn7 wrote: »

Erm

The stock market is gambling though

The stock market offers you the opportunity to invest and to gamble.

Some people go for a mix of both.

Anyone investing in individual shares is trending a bit more towards the gambling for sure. Someone in a diversified index would be more considered investing. But there is the opportunity to properly gamble casino style on the stock market in things like penny shares for example. The stock market offers all levels of risk to those who seek it.

https://www.investopedia.com/articles/basics/09/compare-investing-gambling.asp

TheValeyard · 01-02-2021 01:18AM

Judith Great Balance wrote: »

Pre-market in the morning will be very interesting. For once on a Monday I won't have to drag myself out of bed!

Really dont know which way it will go

brendanwalsh · 01-02-2021 01:35AM

Reddit bandits and newbies will probably end up fcuked badly by the big sharks.

cronos · 01-02-2021 02:29AM

brendanwalsh wrote: »

Reddit bandits and newbies will probably end up fcuked badly by the big sharks.

Looks like a useful resources for those following GME https://isthesqueezesquoze.com/

VinLieger · 01-02-2021 08:38AM

Timing belt wrote: »

I think it ends when people work out that they have been misled and lost everything. Most people with a brain will have exited with profit before then.

You must be great craic at parties with you glass half empty outlook. You come across as just another stock snob who's annoyed by everyone suddenly jumping aboard and having fun doing what you think should only be serious business for proper investors.

Go on tell us how you really feel.....

Shedite27 · 01-02-2021 09:05AM

RedRochey wrote: »

Didn't Hertz "release more shares" last summer and a bunch of Robinhood traders bought them? Even though they were bankrupt

They were blocked from doing that in the end, Gamestop would be blocked also
https://www.reuters.com/article/us-hertz-glo-hldg-debt-sec-idUSKBN23O2MR

Shedite27 · 01-02-2021 09:05AM

ShineOn7 wrote: »

Erm

The stock market is gambling though

You're doing it wrong

Shedite27 · 01-02-2021 09:12AM

AMC up to €16 in Frankfurt this morning. That's about $19/20

Wombatman · 01-02-2021 09:13AM

So how much silver are we buying lads? Got my eye on grandma's spoons?

VinLieger · 01-02-2021 09:16AM

Shedite27 wrote: »

You're doing it wrong

By definition of the word it is absolutely gambling no matter how much research and due diligence you do there is no certainty in anything with regards to the stock market.

Phoebas · 01-02-2021 09:24AM

Wombatman wrote: »

So how much silver are we buying lads? Got my eye on grandma's spoons?

If I put my money into silver instead of $gme am I not a traitor to the cause?

btw, I've just noticed that 'Lumens ok' is an anagram of 'Elon Musk'. Coincidence? I don't bleedin' think so.

Xaniaj · 01-02-2021 09:28AM

Outside of my meme holding, I currently hold:

AMD
PLTR (I've held this since Nov so I'm not counting it as meme!)

I'll be investing monthly this year and will be adding DIS and MSFT. I'll probably hold 15-20% of my capital for riskier plays along the way.

MuddyDog · 01-02-2021 09:28AM

Can RH and other American trading apps buy GME and others again from today does anyone know or are there still limits?

Xaniaj · 01-02-2021 09:29AM

MuddyDog wrote: »

Can RH and other American trading apps buy GME and others again from today does anyone know or are there still limits?

Still limits in RH at least

Pelezico · 01-02-2021 09:30AM

Wow...check out Fresnillo....it is rocking

daheff · 01-02-2021 09:30AM

Xaniaj wrote: »

Still limits in RH at least

the reddits found a work around on this. they figured out that if you buy an in the money call option and exercise immediately poof you have 100 shares (at about 30K cost)

Xaniaj · 01-02-2021 09:32AM

daheff wrote: »

the reddits found a work around on this. they figured out that if you buy an in the money call option and exercise immediately poof you have 100 shares (at about 30K cost)

Ha, excellent but probably a bit rich for most!

MuddyDog · 01-02-2021 09:34AM

Actually just listened to Elon talking to Vlad there and Vlad said today the limits would be lifted mostly.

Shedite27 · 01-02-2021 09:41AM

VinLieger wrote: »

By definition of the word it is absolutely gambling no matter how much research and due diligence you do there is no certainty in anything with regards to the stock market.

Gambling is illegal in most US States, investing isn't.

01-02-2021 09:50AM

I'm loving the amount of salt in here. Hahaha.

MuddyDog · 01-02-2021 09:52AM

A lot of chat of DOGECOIN going to the moon today too on social.

01-02-2021 09:52AM

Shedite27 wrote: »

Gambling is illegal in most US States, investing isn't.

Drugs are both legal and illegal in those states, too. It just depends on how you define them.

Investing in stocks is absolutely a gamble, no matter how many textbooks you use to justify your decision.

JeffKenna · 01-02-2021 09:54AM

Gamestonk up 8% in Germany

siblers · 01-02-2021 09:56AM

Anyone hear anything about Ripple (XRP)?

Shedite27 · 01-02-2021 10:00AM

Deleted User wrote: »

Drugs are both legal and illegal in those states, too. It just depends on how you define them.

Investing in stocks is absolutely a gamble, no matter how many textbooks you use to justify your decision.

I take gambling to mean sports betting or card games, where you win or lose a bet on a single outcome and the bookmakers stack the odds against you.

I don't agree that the stock market shares that characteristic.

If you're being pedantic, then everything's a gamble. You should stay indoors today in case you get knocked down crossing a road. You can make the odds work in your favour by managing risk (either in how you invest, or how you cross the road)

01-02-2021 10:03AM

Shedite27 wrote: »

I take gambling to mean sports betting or card games, where you win or lose a bet on a single outcome and the bookmakers stack the odds against you.

I don't agree that the stock market shares that characteristic.

If you're being pedantic, then everything's a gamble. You should stay indoors today in case you get knocked down crossing a road. You can make the odds work in your favour by managing risk (either in how you invest, or how you cross the road)

Perhaps you lose less in a bad investment versus a bad bet, sure. But at the end of the day you're risking money in the hope of gaining a return.

Label it in whatever way helps you sleep well.

VinLieger · 01-02-2021 10:06AM

Shedite27 wrote: »

You can make the odds work in your favour by managing risk (either in how you invest, or how you cross the road)

Exactly the same can be said about sports betting. The stock market is gambling, anyone who believes otherwise is deluding themselves.

Shedite27 · 01-02-2021 10:06AM

Deleted User wrote: »

Perhaps you lose less in a bad investment versus a bad bet, sure. But at the end of the day you're risking money in the hope of gaining a return.

Label it in whatever way helps you sleep well.

Okay put it this way,

Banks won't let me get a mortgage if I've been gambling heavily, they'll have no problem if I've been investing heavily.

Government want tax on my Investment gains, they don't on my gambling gains.

So there's definitely a few distinctions defined in law.

Anyway, onto the main show, futures open
AMC +28%

Share Picks 2021 - Thread banned users post #1

Comments