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Share Picks 2021 - Thread banned users post #1

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    #1082
    LawBoy2018
    Registered Users Posts: 1,162 ✭✭✭LawBoy2018


    Would I be crazy to throw 1K into AMC for the lols? Very tempted.


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    #1083
    TheW1zard
    Registered Users Posts: 1,340 ✭✭✭TheW1zard


    Does that mean it opens at that price or can it change?


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    #1084
    This is it
    Registered Users Posts: 5,185 ✭✭✭This is it


    TheW1zard wrote: »
    Does that mean it opens at that price or can it change?

    Still changing


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    #1085
    Take Your Pants Off
    Registered Users Posts: 1,511 ✭✭✭Take Your Pants Off


    Apparently Melvin Capital are out. Reason for that dip...


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    #1086
    Shedite27
    Registered Users Posts: 9,364 ✭✭✭Shedite27


    SteelyDanJalapeno wrote: »
    How can Melvin get out during pre market, the volume is too small

    Report was that they got out yesterday


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    #1087
    cronos
    Registered Users Posts: 2,717 ✭✭✭cronos


    Shedite27 wrote: »
    Report was that they got out yesterday

    I suspect most of them aren't paying that close attention combined with the Elon Musk tweet.

    Some may also believe the reports are lies.

    I'm more concerned with my SPAC's. Stay out of this sort of gambling in GME and AMC. But SPAC's are obviously risky in themselves. Hoping they stabilize though.


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    #1088
    callaway92
    Registered Users Posts: 14,330 ✭✭✭✭callaway92


    Ryanair at their lowest price since early November.

    Worth a look if they dipped to €13?


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    #1089
    circadian
    Registered Users Posts: 6,899 ✭✭✭circadian


    LawBoy2018 wrote: »
    Would I be crazy to throw 1K into AMC for the lols? Very tempted.




    If you'd be happy setting that 1k on fire then yeah, cool.


    After a nights rest I'm wary of all these shorts being touted. GME is a once off, I don't see it being replicated any time soon.


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    #1090
    fjon
    Registered Users Posts: 2,083 ✭✭✭fjon


    Been on the GME rollercoaster since last week. Have only 5 shares in it, and having sold enough to recoup my investment I'm holding on to the rest to see where it goes. Have dipped into WSB on reddit a few times in there and I can see how it's easy to get swept up in the mania.
    Will likely bow out before Friday, but I'll make a call after I see how today goes.


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    #1091
    circadian
    Registered Users Posts: 6,899 ✭✭✭circadian


    cronos wrote: »
    I suspect most of them aren't paying that close attention combined with the Elon Musk tweet.

    Some may also believe the reports are lies.

    I'm more concerned with my SPAC's. Stay out of this sort of gambling in GME and AMC. But SPAC's are obviously risky in themselves. Hoping they stabilize though.


    Aye, this squeeze has started to really affect other sectors, it'll be over soon I'd imagine. My opinion is to sit tight unless your shares have some actual news to work off.


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    #1092
    LawBoy2018
    Registered Users Posts: 1,162 ✭✭✭LawBoy2018


    callaway92 wrote: »
    Ryanair at their lowest price since early November.

    Worth a look if they dipped to €13?

    Definitely. I've been waiting for a nice entry point for quite a while.


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    #1093
    dan786
    Registered Users Posts: 3,307 ✭✭✭dan786


    190 now. Dropped of 150 in last 2 hours.

    This rate will be 100 by time market opens.


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    #1094
    VinLieger
    Registered Users Posts: 17,651 ✭✭✭✭VinLieger


    Reports that citron covered their positions in the $90's now


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    #1095
    dan786
    Registered Users Posts: 3,307 ✭✭✭dan786


    Gone up to 220 again. True rollercoaster ride.


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    #1096
    VinLieger
    Registered Users Posts: 17,651 ✭✭✭✭VinLieger


    Whatever happens if it does turn out Citron and Melvin lied the SEC better fvck them good


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    #1097
    LawBoy2018
    Registered Users Posts: 1,162 ✭✭✭LawBoy2018


    To buy ETH or AMC, I'm so torn! I'll wait until the market opens and take it from there


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    #1098
    dan786
    Registered Users Posts: 3,307 ✭✭✭dan786


    Its 265 so recovered back after the Melvin news. Are we seeing 500/1000$ today?


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    #1099
    circadian
    Registered Users Posts: 6,899 ✭✭✭circadian


    dan786 wrote: »
    Its 265 so recovered back after the Melvin news. Are we seeing 500/1000$ today?

    Anyone's guess, we could see $80 at close. Absolutely no way of knowing.


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    #1100
    Cute Hoor
    Registered Users Posts: 1,788 ✭✭✭Cute Hoor


    dan786 wrote: »
    Its 265 so recovered back after the Melvin news. Are we seeing 500/1000$ today?

    Could be $500/$1000, could be $50/$100, anything's possible


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    #1101
    Nemeses2050
    Registered Users Posts: 1,567 ✭✭✭Nemeses2050


    I guess it's obvious to everyone, but once the earnings season is finished I see a big correction...we could have a last years repeat. so tread carefully folks with your longs..


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    #1102
    dan786
    Registered Users Posts: 3,307 ✭✭✭dan786


    Short Interest is still over 100%


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    #1103
    VinLieger
    Registered Users Posts: 17,651 ✭✭✭✭VinLieger


    dan786 wrote: »
    Short Interest is still over 100%


    Where you seeing that?


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    #1104
    SteelyDanJalapeno
    Registered Users Posts: 14,237 ✭✭✭✭SteelyDanJalapeno


    Shedite27 wrote: »
    Report was that they got out yesterday

    Dunno, there wasn't enough shorts sold yesterday for Melvin to get out, let alone citron aswel

    https://fintel.io/ss/us/gme


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    #1105
    dan786
    Registered Users Posts: 3,307 ✭✭✭dan786


    VinLieger wrote: »
    Where you seeing that?

    WSB


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    #1106
    dan786
    Registered Users Posts: 3,307 ✭✭✭dan786


    CNBC take Melvin article down so they are not out, think it was just a scare tactic


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    #1107
    VinLieger
    Registered Users Posts: 17,651 ✭✭✭✭VinLieger


    dan786 wrote: »
    CNBC take Melvin article down so they are not out, think it was just a scare tactic


    Jesus im seeing people say they actually shorted even more, wtf are they doing?


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    #1108
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    VinLieger wrote: »
    Jesus im seeing people say they actually shorted even more, wtf are they doing?

    This is like Tesla shorts, except the same nightmare condensed into afew days ha


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    #1109
    inisfree0504
    Registered Users Posts: 71 ✭✭inisfree0504


    I bought 5 yesterday @85 for the sheer thrill of it. I think I'll sell one on opening and let the others play out for a while. Absolute madness/ paddy power on steroids.


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    #1110
    PaddyTheNth
    Registered Users Posts: 605 ✭✭✭PaddyTheNth


    cc87 wrote: »
    The whole thing isn't really two fingers to hedge funds as much as people seem to be making out.
    Isn't robinhoods business model, micro-delayed free trading for average Joes because they they sell trade information to hedge funds? Allowing hedge funds to buy before reddit get in.

    That's the word alright. The market makers get the dealflow before it hits the market, enough time to HFT front run it. So while individuals like Melvin might get shafted by this if they run out of bank (very nice to see the shoe on the other foot) the majority of the top tier players still make out like bandits.

    The odds are so stacked against individual retail its not funny. Makes you wonder about the value of fundamentals analysis for long term holding, never mind what people might try for day trading.


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    #1111
    the butcher
    Registered Users Posts: 591 ✭✭✭the butcher


    AMC on a mad one now.


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