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Share Picks 2021 - Thread banned users post #1

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Comments

  • Moderators, Social & Fun Moderators Posts: 8,134 Mod ✭✭✭✭circadian


    tusk wrote: »
    wonder will we have any new Irish millionaires due to this


    I wonder indeed. Seems like it's far from over and there's a lot more going on than just trading and short ladders. I'm wondering how they cleared the 120%+ short volume down to 55% in a day or two with a massive decrease in trade volume.


  • Registered Users, Registered Users 2 Posts: 551 ✭✭✭elbyrneo


    Yesterday between 5pm and 7pm I bought and sold 20 shares repeatedly in GME when it was volatile and bouncing between $330 and $350.

    I placed sell limit orders at 5$ or so above the buy price, and stop limit losses at 20$ below the buy price.

    The sell limit orders executed 12 times. The stop limit never kicked in, on my last trade but I amended and got out earlier at about 8$ loss per share.

    It was a draining 2 hours f5'ing the keyboard but a profitable one. I guess I was lucky with such buy and sell volume going through at the time. The risk is limited unless the stop loss kicks in when the stock tanks miles below the limit price.

    Is all that is happening basically the perfect storm for day traders?


  • Registered Users, Registered Users 2 Posts: 3,394 ✭✭✭dan786


    Attitude on WSB starting to go negative with this dip, people selling at a huge loss. I wouldnt be surprised if this goes below 100 today.

    AMC also tanking premarket. I feel the squeeze is coming but the hedge funds are just trying to minimize their losses by getting most retail investors out.


  • Registered Users, Registered Users 2 Posts: 826 ✭✭✭Coneygree


    Seems like every day is incredibly interesting but today seems like it'll be fascinating.


  • Moderators, Social & Fun Moderators Posts: 8,134 Mod ✭✭✭✭circadian


    Also, I'm not sure if they're still pushing the whole silver angle but whoever is behind it (the folks on WSB are adamant they aren't involved) would need to tread very, very carefully.

    Along with the fact that traders with zero experience are buying into a commodity which is a completely different trade than shares in a company and most likely going to get burned if the HF decide to cash in on the sharp price increase...there is the issue with commodity trade and dollar value. In general, this isn't a written rule but in general commodity price is inverse to dollar. Silver goes up, dollar comes down and vice versa.

    If these lads are pushing this silver narrative, they could be catching the eye of the Federal Reserve who under no circumstances will allow the currency to be manipulated in such a way. Whatever about the SEC behaving in the way it has so far, it's purpose is to protect the market and prevent volatility.

    The Federal Reserve, in my opinion, would not take kindly to this ****show making it's way to their doorstep.

    https://www.thebalance.com/how-the-dollar-impacts-commodity-prices-809294


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  • Posts: 45,738 ✭✭✭✭ [Deleted User]


    circadian wrote: »
    Also, I'm not sure if they're still pushing the whole silver angle but whoever is behind it (the folks on WSB are adamant they aren't involved) would need to tread very, very carefully.

    Along with the fact that traders with zero experience are buying into a commodity which is a completely different trade than shares in a company and most likely going to get burned if the HF decide to cash in on the sharp price increase...there is the issue with commodity trade and dollar value. In general, this isn't a written rule but in general commodity price is inverse to dollar. Silver goes up, dollar comes down and vice versa.

    If these lads are pushing this silver narrative, they could be catching the eye of the Federal Reserve who under no circumstances will allow the currency to be manipulated in such a way. Whatever about the SEC behaving in the way it has so far, it's purpose is to protect the market and prevent volatility.

    The Federal Reserve, in my opinion, would not take kindly to this ****show making it's way to their doorstep.

    https://www.thebalance.com/how-the-dollar-impacts-commodity-prices-809294


    The hedge fund Citadel that is losing on GME is winning on Silver. If it was a counter play, it was a stroke of genius.


  • Registered Users, Registered Users 2 Posts: 3,394 ✭✭✭dan786


    All Reddit hyped stocks have tanked GME, AMC, NAKD, KOSS, BB.


  • Registered Users, Registered Users 2 Posts: 454 ✭✭MikeSoys


    Daz_ wrote: »
    That was actually a fun and interesting read , thanks for that !

    charming wording as usual "....First of all, I didn't give you permission to speak...."


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


    Once the Hedge Funds buy back though won't the price sky rocket again on GME? Provided there is of course shorts left to cover.


  • Site Banned Posts: 1,463 ✭✭✭RIGOLO


    Thanks to those of you for the respectful friendly comments,
    but to be honest I cant be dealing with the mods on this forum. Too much woke culture, SJW and cancel culture.
    Anyone with a edge to their ideology, political opinion, even their phraseology is banned, so be it. Freedom of speech is not allowed around here.

    That was some hatchet job fake news and main stream media did on the millenials , Robinhooders and WSB . The trap was perfectly laid, this was going to be another VW , there was no out for the Hedge funds until the main stream news did the bidding of their masters, as they always do and sunk it with some help from the freeze on trading. Foxnews (Charels Payne) was the only channel that got positive feedback on Wallstreetbets for supporting the little guy. Like I said fake news and mainstream news have you conditioned to believe their crap. Foxnews were on your side as a retail investor.

    I told you guys months ago how Robinhood made their money , front running your 'free' trades. Theres a generation finally waking up, its your fight now, good luck with it. Heck I used be on call at DTCC back in the day , Ive always known the layers to the onion. I recall with a wry grin the amount of times I told people I was working on the core of DTCC systems, and people would remark never heard of them . I didnt even attempt to explain what they did for the man on the street was so clueless to the layers of the onion there was little point, maybe now they are less so. Who knows maybe this generation will really wake up rather than just being WOKE.

    Like the diamond handed GME and AMC I will hold (just a few) until they go to zero, a ban from the mods on Boards is a badge of honour to those who fight the system .

    As you all know I was always a man for research.
    I spent most of the xmas holidays waking at 2 am to watch the Bitcoin action , volatility and volume in the Far east for 30 mins, it convinced me to yolo heavily in on my miners. Heck as Ive frequently posted I even got the kids involved . We all walked away with 10x.
    Jan 7th I sent the missus a text , thats it Im done for the year , so much money after being made the fun was out of it I told her.
    She wanted to buy another house in The City of Lights for the kids , so I said take it's all yours go for it. That will keep her out of my hair, my own indulgence is Antique books, I spend about 20k a year on them , theres great reading when holding a 400 year old account of say The Crusades or an account of The French Revolution written 20 years after the fact. To hold that history in your hands, whilst listening to the tripe that passes for news and forum moderation these days is refreshing and enlightening.

    So early Jan I flipped the gains the missus hadnt taken for her pocket money to buy another house into Chamath P.s Spacs having gorged on his public commentary over the holidays also. It was a safe place with asymetric risk to park some money for 2021 , I didnt expect to compound the gains so fast.
    So like I said January has seen such huge gains that werent even needed per se, but Ive lost interest in the game having beaten the system .
    And after seeing the system beat down the little guy with the help of fake news main stream media my interest for first half 2021 will be purely to watch how that battle for broader freedom resolves itself, rather than watch monetary accumulation.

    Sorry no one here could share in the research, blame the mods for the ban.
    So thats your future folks , the start of 2021 has been an introduction to your new future, you have new masters who control your speech, your trades , and your social online life, welcome to your new life.

    Im trading lightly these days, Ive not much to contribute here for the foreseable future , my time is too valuable to me to support the regime of mods on here who are totalitarian.
    Ive found most wealthy people dont know where their real wealth lies so my daily cycle is now 3 sessions, morning aerobics, afternoon cycle and evening weights, 32 days into 2021 and only one session missed.

    Thats all for now. And sincerely good luck with your trading
    Diamond hands and may ye all be eating tendies on a rocket to the moon.


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  • Registered Users, Registered Users 2 Posts: 454 ✭✭MikeSoys


    so much info out there and understand shorts need to keep AMC sub $9


  • Registered Users, Registered Users 2 Posts: 3,394 ✭✭✭dan786


    MuddyDog wrote: »
    Once the Hedge Funds buy back though won't the price sky rocket again on GME? Provided there is of course shorts left to cover.

    Yes that is the plan. Its the hedge funds driving the price down so people panic and sell and also stop losses auto kick in.

    There are definitely shorts left and the volume that is driving the price down is very low.


  • Registered Users, Registered Users 2 Posts: 311 ✭✭SmokyMo


    dan786 wrote: »
    All Reddit hyped stocks have tanked GME, AMC, NAKD, KOSS, BB.

    As expected. You need to hop on and hop off these waves.


  • Registered Users, Registered Users 2 Posts: 4,583 ✭✭✭VW 1


    Pretty pissed at BB tanking, I got into it at 12 2-3 weeks ago before seeing it on Reddit, was licking my lips when it got to 28 last week.

    Considering adding some more gme shares to my current (small) holding of them with the lower prices. Still about 50% or so above where I bought in initially.


  • Registered Users, Registered Users 2 Posts: 454 ✭✭MikeSoys


    RIGOLO wrote: »
    Thanks to those of you for the respectful friendly comments,
    but to be honest I cant be dealing with the mods on this forum. Too much woke culture, SJW and cancel culture.
    Anyone with a edge to their ideology, political opinion, even their phraseology is banned, so be it. Freedom of speech is not allowed around here.

    That was some hatchet job fake news and main stream media did on the millenials , Robinhooders and WSB . The trap was perfectly laid, this was going to be another VW , there was no out for the Hedge funds until the main stream news did the bidding of their masters, as they always do and sunk it with some help from the freeze on trading. Foxnews (Charels Payne) was the only channel that got positive feedback on Wallstreetbets for supporting the little guy. Like I said fake news and mainstream news have you conditioned to believe their crap. Foxnews were on your side as a retail investor.

    I told you guys months ago how Robinhood made their money , front running your 'free' trades. Theres a generation finally waking up, its your fight now, good luck with it. Heck I used be on call at DTCC back in the day , Ive always known the layers to the onion. I recall with a wry grin the amount of times I told people I was working on the core of DTCC systems, and people would remark never heard of them . I didnt even attempt to explain what they did for the man on the street was so clueless to the layers of the onion there was little point, maybe now they are less so. Who knows maybe this generation will really wake up rather than just being WOKE.

    Like the diamond handed GME and AMC I will hold (just a few) until they go to zero, a ban from the mods on Boards is a badge of honour to those who fight the system .

    As you all know I was always a man for research.
    I spent most of the xmas holidays waking at 2 am to watch the Bitcoin action , volatility and volume in the Far east for 30 mins, it convinced me to yolo heavily in on my miners. Heck as Ive frequently posted I even got the kids involved . We all walked away with 10x.
    Jan 7th I sent the missus a text , thats it Im done for the year , so much money after being made the fun was out of it I told her.
    She wanted to buy another house in The City of Lights for the kids , so I said take it's all yours go for it. That will keep her out of my hair, my own indulgence is Antique books, I spend about 20k a year on them , theres great reading when holding a 400 year old account of say The Crusades or an account of The French Revolution written 20 years after the fact. To hold that history in your hands, whilst listening to the tripe that passes for news and forum moderation these days is refreshing and enlightening.

    So early Jan I flipped the gains the missus hadnt taken for her pocket money to buy another house into Chamath P.s Spacs having gorged on his public commentary over the holidays also. It was a safe place with asymetric risk to park some money for 2021 , I didnt expect to compound the gains so fast.
    So like I said January has seen such huge gains that werent even needed per se, but Ive lost interest in the game having beaten the system .
    And after seeing the system beat down the little guy with the help of fake news main stream media my interest for first half 2021 will be purely to watch how that battle for broader freedom resolves itself, rather than watch monetary accumulation.

    Sorry no one here could share in the research, blame the mods for the ban.
    So thats your future folks , the start of 2021 has been an introduction to your new future, you have new masters who control your speech, your trades , and your social online life, welcome to your new life.

    Im trading lightly these days, Ive not much to contribute here for the foreseable future , my time is too valuable to me to support the regime of mods on here who are totalitarian.
    Ive found most wealthy people dont know where their real wealth lies so my daily cycle is now 3 sessions, morning aerobics, afternoon cycle and evening weights, 32 days into 2021 and only one session missed.

    Thats all for now. And sincerely good luck with your trading
    Diamond hands and may ye all be eating tendies on a rocket to the moon.

    youve being spot on may times in the past. following reddit- although not a crypo thread there is money to be made there if you 'ride the wave' of the discord groups pump and dump gang. before sec gets involved. ive a position in AMC(@$4.3) .. so to mars and beyond unless its turns toward the sun
    ...money never sleeps


  • Registered Users, Registered Users 2 Posts: 6,120 ✭✭✭daheff


    like the fool I am, I've bought another @ 110 EUR

    now +4 @ BEP 256 EUR

    although this extra one might be sold if prices go back up around 200-300...at least mitigate some (probable) losses.


  • Registered Users, Registered Users 2 Posts: 3,161 ✭✭✭crushproof


    Chances of GME being below $100 at open?


  • Registered Users, Registered Users 2 Posts: 1,358 ✭✭✭TheW1zard


    crushproof wrote: »
    Chances of GME being below $100 at open?

    Better than them going back up thats for sure


  • Registered Users, Registered Users 2 Posts: 6,120 ✭✭✭daheff


    crushproof wrote: »
    Chances of GME being below $100 at open?

    anything is possible.

    i would think it'll dip below 100 and then start rising a bit after an hour or so


    but what do i know!!


  • Registered Users, Registered Users 2 Posts: 9,669 ✭✭✭Shedite27


    Welcome back Rigolo
    RIGOLO wrote: »
    I told you guys months ago how Robinhood made their money , front running your 'free' trades. Theres a generation finally waking up, its your fight now, good luck with it. Heck I used be on call at DTCC back in the day , Ive always known the layers to the onion. I recall with a wry grin the amount of times I told people I was working on the core of DTCC systems, and people would remark never heard of them . I didnt even attempt to explain what they did for the man on the street was so clueless to the layers of the onion there was little point, maybe now they are less so.
    I was probably one of those, and while I understood the point that yourself and Jim were making about how Degiro/Robinhood make money, I must admit this was the first time I saw the problem with them front running trades.


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  • Registered Users, Registered Users 2 Posts: 3,161 ✭✭✭crushproof


    I imagine most of those saying Hold on Reddit sold out days ago.


  • Registered Users, Registered Users 2 Posts: 9,669 ✭✭✭Shedite27


    Quick predicton game,
    GME is currently $128
    AMC is currently $9.18

    Where do they end today?

    I'll go

    GME $160
    AMC $12.70


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


    Shedite27 wrote: »
    Quick predicton game,
    GME is currently $128
    AMC is currently $9.18

    Where do they end today?

    I'll go

    GME $160
    AMC $12.70

    GME: $83
    AMC: $8.50


  • Registered Users, Registered Users 2 Posts: 2,720 ✭✭✭cronos


    RIGOLO wrote: »
    Thanks to those of you for the respectful friendly comments,
    but to be honest I cant be dealing with the mods on this forum. Too much woke culture, SJW and cancel culture.
    Anyone with a edge to their ideology, political opinion, even their phraseology is banned, so be it. Freedom of speech is not allowed around here.

    That was some hatchet job fake news and main stream media did on the millenials , Robinhooders and WSB . The trap was perfectly laid, this was going to be another VW , there was no out for the Hedge funds until the main stream news did the bidding of their masters, as they always do and sunk it with some help from the freeze on trading. Foxnews (Charels Payne) was the only channel that got positive feedback on Wallstreetbets for supporting the little guy. Like I said fake news and mainstream news have you conditioned to believe their crap. Foxnews were on your side as a retail investor.

    I told you guys months ago how Robinhood made their money , front running your 'free' trades. Theres a generation finally waking up, its your fight now, good luck with it. Heck I used be on call at DTCC back in the day , Ive always known the layers to the onion. I recall with a wry grin the amount of times I told people I was working on the core of DTCC systems, and people would remark never heard of them . I didnt even attempt to explain what they did for the man on the street was so clueless to the layers of the onion there was little point, maybe now they are less so. Who knows maybe this generation will really wake up rather than just being WOKE.

    Like the diamond handed GME and AMC I will hold (just a few) until they go to zero, a ban from the mods on Boards is a badge of honour to those who fight the system .

    As you all know I was always a man for research.
    I spent most of the xmas holidays waking at 2 am to watch the Bitcoin action , volatility and volume in the Far east for 30 mins, it convinced me to yolo heavily in on my miners. Heck as Ive frequently posted I even got the kids involved . We all walked away with 10x.
    Jan 7th I sent the missus a text , thats it Im done for the year , so much money after being made the fun was out of it I told her.
    She wanted to buy another house in The City of Lights for the kids , so I said take it's all yours go for it. That will keep her out of my hair, my own indulgence is Antique books, I spend about 20k a year on them , theres great reading when holding a 400 year old account of say The Crusades or an account of The French Revolution written 20 years after the fact. To hold that history in your hands, whilst listening to the tripe that passes for news and forum moderation these days is refreshing and enlightening.

    So early Jan I flipped the gains the missus hadnt taken for her pocket money to buy another house into Chamath P.s Spacs having gorged on his public commentary over the holidays also. It was a safe place with asymetric risk to park some money for 2021 , I didnt expect to compound the gains so fast.
    So like I said January has seen such huge gains that werent even needed per se, but Ive lost interest in the game having beaten the system .
    And after seeing the system beat down the little guy with the help of fake news main stream media my interest for first half 2021 will be purely to watch how that battle for broader freedom resolves itself, rather than watch monetary accumulation.

    Sorry no one here could share in the research, blame the mods for the ban.
    So thats your future folks , the start of 2021 has been an introduction to your new future, you have new masters who control your speech, your trades , and your social online life, welcome to your new life.

    Im trading lightly these days, Ive not much to contribute here for the foreseable future , my time is too valuable to me to support the regime of mods on here who are totalitarian.
    Ive found most wealthy people dont know where their real wealth lies so my daily cycle is now 3 sessions, morning aerobics, afternoon cycle and evening weights, 32 days into 2021 and only one session missed.

    Thats all for now. And sincerely good luck with your trading
    Diamond hands and may ye all be eating tendies on a rocket to the moon.

    To be honest with all the talk of Discord servers working in tandem with Reddit I'm surprised there isn't one already working in tandem with this boards.ie forum.


  • Registered Users, Registered Users 2 Posts: 5,057 ✭✭✭Bacchus


    Hey, it's been about 7 years since I traded stocks, and at that it was small scale, hobby. Family, home, etc. put a stop to it but we have a bit of surplus funds now that I'd like to take a long term view at investing.

    I'm thinking 3-5 stocks to start and build on that depending on how things go. I'm sticking primarily with what I know, so... tech. Cybersecurity in particular, the cyber ETFs are all doing great and I don't see the demand for cyber security slowing down any time soon. Solarwinds too, major dip recently due to the bad press from the recent hacks. I think they'll bounce back though. When you scratch beneath the surface, Solarwinds were just one piece of a big puzzle that enabled those hacks. They'll patch and come back stronger IMO. Amazon then is my safe and steady pick.

    L&G Cyber Security UCITS ETF
    SolarWinds Corp (NYSE: SWI)
    Amazon.com, Inc. (NASDAQ: AMZN)

    Also thinking about IAG (LSE: IAG). I saw another poster mention it and assuming they survive another year of COVID impact they could be a good long term option.

    So, what do ye think? Look like a decent starting point or am I throwing away money?


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


    Bacchus wrote: »
    Hey, it's been about 7 years since I traded stocks, and at that it was small scale, hobby. Family, home, etc. put a stop to it but we have a bit of surplus funds now that I'd like to take a long term view at investing.

    I'm thinking 3-5 stocks to start and build on that depending on how things go. I'm sticking primarily with what I know, so... tech. Cybersecurity in particular, the cyber ETFs are all doing great and I don't see the demand for cyber security slowing down any time soon. Solarwinds too, major dip recently due to the bad press from the recent hacks. I think they'll bounce back though. When you scratch beneath the surface, Solarwinds were just one piece of a big puzzle that enabled those hacks. They'll patch and come back stronger IMO. Amazon then is my safe and steady pick.

    L&G Cyber Security UCITS ETF
    SolarWinds Corp (NYSE: SWI)
    Amazon.com, Inc. (NASDAQ: AMZN)

    Also thinking about IAG (LSE: IAG). I saw another poster mention it and assuming they survive another year of COVID impact they could be a good long term option.

    So, what do ye think? Look like a decent starting point or am I throwing away money?

    Always a good strategy to stay in an area you understand. Check out Crowdstrike too


  • Registered Users, Registered Users 2 Posts: 5,057 ✭✭✭Bacchus


    Thanks.

    Crowdstrike are on my watch list too. I was just a bit concerned about going too heavy on cyber security. The ETF and Solarwinds will be 50-60% of my investment. Amazon + optional 4th will be the rest.

    EDIT: Actually I should also add that Disney is of interest too. Probably not big gains left to be made but they have an exciting schedule of content planned out that I think will in particular help their share in the streaming market grow.


  • Registered Users, Registered Users 2 Posts: 10 kramyerac


    I see Revolut have announced no further buys on AMC or GME :(


  • Registered Users, Registered Users 2 Posts: 9,076 ✭✭✭Tipsy McSwagger


    Unable to buy GME or AMC Revolut anymore. The game is rigged.


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  • Registered Users, Registered Users 2 Posts: 687 ✭✭✭DuffleBag


    Interesting alert on Revolut

    Trading Update for GME and AMC
    Unfortunately, our broker-dealer in the US, DriveWealth, can no longer offer Buys on GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) due to increased capital requirements set by the Depository Trust Company (DTC) in the US.

    While we apologise for the inconvenience this may cause, this is not a decision Revolut has made. As DriveWealth is our broker-dealer, we can only reflect the stocks they make available. We will however keep you informed as and when this situation changes.

    For customers with no holdings in these 2 stocks, neither GME nor AMC will appear in search. Please check the email we are sending out to all Revolut Trading Ltd customers for additional information about this situation.

    Capital at risk. Share prices can go up as well as down and you may get back less than what you initially paid.


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