Share Picks 2021 - Thread banned users post #1

Shedite27 · 01-02-2021 10:03PM

Stong day for most markets.

Have a feeling the Robinhood crew are moving to different broekrs at the moment. Could be a lot of volatility in GME/AMC over the week as they sell on Robinhood and buy on WeBull or whatever.

in2dark · 01-02-2021 10:12PM

Today I sold my small holdings of INO which I bought after rigolos suggestion if im not wrong.
Now that rigolo is gone im between taking a punt on DDDD or FLT (drones)

I see many ppl talk about the dddd but i also believe the drones might be acquired in the near future

01-02-2021 10:16PM

Right, so a bit of a wild ride on GME today. I bought in originally @230 so down slightly. Sticking with my plan to hold until Wednesday at the least.

circadian · 01-02-2021 10:47PM

After the expected sell off in the morning there's been very little volume. Looking at the tick by tick it's clear the hedge funds are trying to drive the price down but there's barely anyone selling.

I'm wondering if it's done or if there's a bounce coming. Alas, I've made my money back and then some, have a few shares left for the ride and would love to see the insane spike but I'm starting to think it's not coming.

I do welcome a return to quiet long trades though, last week was spent in perpetual hype and drama.

tusk · 01-02-2021 11:04PM

Did some great work buying the dips today. Went into AMC too.

good fun

Cute Hoor · 01-02-2021 11:06PM

Looks like someone burst the ball today

daheff · 01-02-2021 11:16PM

Some of the lads on Reddit are saying a major broker (dunno if I can say who) was imposing tight stop losses and take profits on their orders.

Man there's a ton of legal cases coming against some of the brokers in this.

01-02-2021 11:28PM

Down under 180 in after hours now, not looking good.

Regardless of the fact that I have only a small amount and won't miss the money it is still sick enough seeing that percentage turn negative after being up a good bit.

I'm consoling myself that before the middle of last week I knew very little about this type of thing, and now I have had a bit of a crash course and learned a lot.

dan786 · 01-02-2021 11:28PM

Tumbling 175 after hours

awec · 01-02-2021 11:43PM

I'm going to keep holding.

cc87 · 01-02-2021 11:51PM

in2dark wrote: »

Today I sold my small holdings of INO which I bought after rigolos suggestion if im not wrong.
Now that rigolo is gone im between taking a punt on DDDD or FLT (drones)

I see many ppl talk about the dddd but i also believe the drones might be acquired in the near future

Ark talk about drones in their next big ideas to invest document. Believe they will be a significant but minor part of delivery/shopping by 2025 and then be a major part by 2030.

Renault 5 · 02-02-2021 12:05AM

I was reading lot of the comments on Reddit where people believe DFV will give everyone a heads up before he cashes out.

This will end badly for people buying in the last few days.

02-02-2021 12:06AM

Renault 5 wrote: »

I was reading lot of the comments on Reddit where people believe DFV will give everyone a heads up before he cashes out.

Sure he will...

peterofthebr · 02-02-2021 01:03AM

daheff wrote: »

Some of the lads on Reddit are saying a major broker (dunno if I can say who) was imposing tight stop losses and take profits on their orders.

Man there's a ton of legal cases coming against some of the brokers in this.

Were they using the short ladder attack, lots of level 2 data (vids/clips) showing this happening...

jams100 · 02-02-2021 01:20AM

awec wrote: »

I'm going to keep holding.

On what basis?
What do you think is a fair market cap for this company?
Because, ultimately reddit or not, thats what its going to come down to, my guess is your going to be bag holding...

Just stop for a second, the stock is up 8,000% over the past 52 weeks.
There's not one fundamental indicator that could justify that current valuation.

Eventually whats going to happen is people are going to see either a new pump stock, or a stable name like amazon or alphabet and pull their money from gme and throw it into them.

Anyway, plenty of warnings have been given by numerous posters on this thread already i guess.

patsy_mccabe · 02-02-2021 01:26AM

See 5:20 mins in the following. He reckons GME still 50% shorted.

https://m.youtube.com/watch?v=PqU1PWip4Ok

awec · 02-02-2021 01:37AM

jams100 wrote: »

On what basis?
What do you think is a fair market cap for this company?
Because, ultimately reddit or not, thats what its going to come down to, my guess is your going to be bag holding...

Just stop for a second, the stock is up 8,000% over the past 52 weeks.
There's not one fundamental indicator that could justify that current valuation.

Eventually whats going to happen is people are going to see either a new pump stock, or a stable name like amazon or alphabet and pull their money from gme and throw it into them.

Anyway, plenty of warnings have been given by numerous posters on this thread already i guess.

Because I haven't invested anything I'm not willing to lose and I'm happy to ride this rollercoaster for a while yet.

And yes, I think everyone is well familiar with the slightly condescending "warnings" on this thread from a few posters who seem to think anyone who has this stock is an idiot being led up the path.

If it goes up, I'll get a nice weekend break or something. If it crashes and burns then that's that, I had some fun while it lasted.

jams100 · 02-02-2021 01:59AM

awec wrote: »

Because I haven't invested anything I'm not willing to lose and I'm happy to ride this rollercoaster for a while yet.

And yes, I think everyone is well familiar with the slightly condescending "warnings" on this thread from a few posters who seem to think anyone who has this stock is an idiot being led up the path.

If it goes up, I'll get a nice weekend break or something. If it crashes and burns then that's that, I had some fun while it lasted.

Ok, you didn't really answer the question though. On what basis do you think this will go up?

Can I ask a different question so? At what point do you see yourself selling?

Its great that you can afford to lose that money, however I'm sure there's plenty of others who still see the reward being greater than the risk, which based on any fundamental analysis is simply not true, and ultimately thats what its going to boil down to.

In terms of you trying to insinuate that I'm somehow calling people "idiots", I quite frankly don't know where you are getting that from. At the end of the day I'm just an amatur investor like anyone on this thread. I've been wrong before and I'll be wrong again.

My opinion is simply one of someone who's not caught up in this trade and is the one of someone who is looking at this from an objective standpoint.

02-02-2021 02:19AM

jams100 wrote: »

Ok, you didn't really answer the question though. On what basis do you think this will go up?

Can I ask a different question so? At what point do you see yourself selling?

Its great that you can afford to lose that money, however I'm sure there's plenty of others who still see the reward being greater than the risk, which based on any fundamental analysis is simply not true, and ultimately thats what its going to boil down to.

In terms of you trying to insinuate that I'm somehow calling people "idiots", I quite frankly don't know where you are getting that from. At the end of the day I'm just an amatur investor like anyone on this thread. I've been wrong before and I'll be wrong again.

My opinion is simply one of someone who's not caught up in this trade and is the one of someone who is looking at this from an objective standpoint.

Still a significant amount of shorters left if the 50% figure is accurate. There are billboards going up around the US advertising gme. There is still reason to believe people will continue to buy into this. If you think this is about the fundamental valuation of gamestop, you haven't been paying attention.

Timing belt · 02-02-2021 02:29AM

Deleted User wrote: »

Still a significant amount of shorters left if the 50% figure is accurate. There are billboards going up around the US advertising gme. There is still reason to believe people will continue to buy into this. If you think this is about the fundamental valuation of gamestop, you haven't been paying attention.

But the Squeeze has happened (or is in the middle of happening) as the short position has dropped to 50%. The hedge funds are managing to buy shares.

Or is it that you see it as a pump and dump and there is still reason that more people will come in and push the price higher before it gets dumped. If this is the case it must be near the end if they are taking billboard adds out.

bish76 · 02-02-2021 08:47AM

Any suggestions to buy stocks in legal marijuan. I see it expanding more and more in coming years.

daheff · 02-02-2021 09:05AM

patsy_mccabe wrote: »

See 5:20 mins in the following. He reckons GME still 50% shorted.

https://m.youtube.com/watch?v=PqU1PWip4Ok

Lots of screenshots of Morningstar reports saying 220%+ shorted.

Who would you believe at this point!!!!!

cc87 · 02-02-2021 09:51AM

NRZ seems like a good investment currently. US based REIT

Was around $15/16 pre-covid, dropped to 5/6, recovered to around the $9.50 mark. Offers $0.80 (8.5%) dividends quarterly and increases them regularly. Earnings day on the 4th should result in an increase.

Target price varies from $12-15

Financials all look good as well.

Atlas_IRL · 02-02-2021 10:00AM

bish76 wrote: »

Any suggestions to buy stocks in legal marijuan. I see it expanding more and more in coming years.

sundial is starting to blow up but its just ran 100% quickly.

circadian · 02-02-2021 10:20AM

I have shares in GMe worth a night out on the lash, which I haven't had in over a year. So, this is my night out on the lash. I cashed in everything else from it and made a tidy profit so I'm happy to ride the wave and I suspect many others are on the same boat.

These guys are still short regardless of the numbers being presented, they are still short. 6pm today they have to file the short numbers so we'll find out tonight what the real state of affairs is.

On DFV, I suspect he'll sell off and then post it at the end of day, when the markets close as anything else could land him in legal trouble. Wall Street will do anything to nail him for retail costing them tens of billions.

I think it'll open low today, have the usual spike and then you'll see the low volume trades dropping the price. The problem here is once the price gets low enough there could be more retail ready to pick it up. Not to mention RH and other brokers have enabled buying of GME and AMC again.

Today and tomorrow will be when we see the real outcome, once we see the real numbers for short tonight it'll be clear.

PokeHerKing · 02-02-2021 10:21AM

Timing belt wrote: »

But the Squeeze has happened (or is in the middle of happening) as the short position has dropped to 50%. The hedge funds are managing to buy shares.

Or is it that you see it as a pump and dump and there is still reason that more people will come in and push the price higher before it gets dumped. If this is the case it must be near the end if they are taking billboard adds out.

I'm more inclined to dip a toe now than I was at $400. Theres plenty claiming the short position is still 100+ currently but I'm in way over my head when it comes to knowing who to believe.

One thing I do know for sure is the vast majority of the people willing to buy GME are currently being blocked by RH. So if/when they get onto a new platform and start buying price could start to move up again. Or the momentum could be gone and your stuck with a share thats probably inflated x10.

Its a gamble for sure, nothing long term about it. I'm tempted though, buy when there's blood on the streets and all that lark.

Gamma1 · 02-02-2021 10:55AM

crushproof wrote: »

I think once the GME nonsense dies down the money will start drifting back into the EV market, and NIO should be a major benefactor of that. However I reckon it may drift down to around 50 before it starts to rise again.

Switched from NIO to TATA. Somebody mentioned it on the thread.

manonboard · 02-02-2021 10:59AM

Delighted to see this Thread.

I've taken the biggest position of my life in Amazon recently. Got a nice little buffer built up now with them, and hoping for good things tonight with earnings. I think i'll be stay long term anyways because its just a fantastic company. I truly see AWS tech as a behemoth of future IT landscape. Cant see how companies will survive if they are not in the cloud.

02-02-2021 11:15AM

02-02-2021 11:20AM

Seriously though, I do feel a bit better this morning. Have no idea what will happen, but sure will give me something to look at during the day/evening.

Regarding the shorts, I'm really new to this so I don't know what to believe. Some saying that the short % is way down to like 50. Some are then saying that even if it is, that is still really high. Others are saying that people are reporting 50 due to some unique counting methods, and that it is impossible that it has reduced that much because of the small volume that has traded, that the numbers just don't add up.

I guess we will find out.

Share Picks 2021 - Thread banned users post #1

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