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Share Picks 2021 - Thread banned users post #1

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Comments

  • Registered Users Posts: 1,212 ✭✭✭riddles


    Shedite27 wrote: »
    Webull is very safe. If I was in the states I'd use that over Robinhood
    It can't be used from Ireland. What do you rate as the best platform


  • Registered Users, Registered Users 2 Posts: 23,656 ✭✭✭✭ted1


    dan786 wrote: »
    The stock was shorted. That was the whole point of this. The hedge funds shorted it and were losing billions as they had to cover it. The higher the price went the most hedge funds lost.

    Could they not ride it out ? Or is there a time limit on how king before they must buy it a trigger at what they buy at?


  • Registered Users Posts: 330 ✭✭DutchYurt


    Magno_DT wrote: »
    Sorry DutchYurt for posting this in last year's thread (Real facepalm moment on my side)- Ironically enough, I was just in there to see if anyone was still stupidly posting!

    Can anyone explain to this mortal what problem the hedge fund companies have with what happened to GME? I mean so a Reddit forum pumps a stock price into oblivion. Why didn't they just stay away from the stock and continue with their daily business?

    Haha all good, figured you'd get more traction here ;)


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    ted1 wrote: »
    Could they not ride it out ? Or is there a time limit on how king before they must buy it a trigger at what they buy at?

    Germans bought it at 350$ this morning and bought the price upto to $500 premarket so doubt they will be selling in the morning. They will be buying more to lower their average cost.


  • Registered Users Posts: 526 ✭✭✭irish_major


    Feel sorry for the eejits that gambled at the high prices but feel zero pity for the fellas willing top buy gme now at 200


  • Registered Users Posts: 1,878 ✭✭✭MuddyDog


    The after Hours trading price of the stock. So GME closed at 197 but up to 220 or so now.....does that mean if nothing changes between now and opening bell tomorrow the stock will open at 220 or is it entirely separate but gives an indication as to how the market will go on opening?


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    MuddyDog wrote: »
    The after Hours trading price of the stock. So GME closed at 197 but up to 220 or so now.....does that mean if nothing changes between now and opening bell tomorrow the stock will open at 220 or is it entirely separate but gives an indication as to how the market will go on opening?

    Yes the price continues from After Hours to Premarket to open...


  • Registered Users Posts: 1,224 ✭✭✭Kilboor


    MuddyDog wrote: »
    The after Hours trading price of the stock. So GME closed at 197 but up to 220 or so now.....does that mean if nothing changes between now and opening bell tomorrow the stock will open at 220 or is it entirely separate but gives an indication as to how the market will go on opening?


    More of an indication but not always a good one.


    Volume falls massively for pre market and after market trading, it's also not as affected by factors such as the overall market measures i.e. S&P500 (which opens at 14:30 our time) so on open things can change drastically


  • Registered Users, Registered Users 2 Posts: 11,476 ✭✭✭✭Ush1


    What people are saying isn't correct. What started the redditor investing in gamestop was he felt it was undervalued. The short squeeze idea came later


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  • Registered Users Posts: 1,224 ✭✭✭Kilboor


    dan786 wrote: »
    Yes the price continues from After Hours to Premarket to open...


    This isn't true again, a stocks gain in a day is measured from 9.30 - 4pm (EST).

    Stock can be up 5% in pre market and open -5%.


  • Registered Users, Registered Users 2 Posts: 23,656 ✭✭✭✭ted1


    dan786 wrote: »
    Germans bought it at 350$ this morning and bought the price upto to $500 premarket so doubt they will be selling in the morning. They will be buying more to lower their average cost.

    The Reddit link explained it well for me.


  • Registered Users, Registered Users 2 Posts: 2,837 ✭✭✭crushproof


    I spotted New Concept Energy going up and up today. Got in at 7 and out at 9 when there was pullback.

    Just looked at the closing price and its $25! Up from $2.30 this morning! Missed the boat there!


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    Its 260 after hours


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    Kilboor wrote: »
    This isn't true again, a stocks gain in a day is measured from 9.30 - 4pm (EST).

    Stock can be up 5% in pre market and open -5%.

    Look at what the question was.


  • Moderators, Sports Moderators Posts: 5,015 Mod ✭✭✭✭GoldFour4


    Robinhood announced they'll allow trading of assets they banned from tomorrow.


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  • Registered Users, Registered Users 2 Posts: 2,900 ✭✭✭thomas 123


    Word on Reddit is Robinhood is allowing buys tomorrow on GME, if that’s the case we may just be in the money.


  • Posts: 0 [Deleted User]


    Robinhood announced they'll allow trading of assets they banned from tomorrow.


    Thats nice if them.


  • Registered Users, Registered Users 2 Posts: 45,735 ✭✭✭✭Bobeagleburger


    AMC and GME getting pumped in after hours!!


  • Registered Users, Registered Users 2 Posts: 18,298 ✭✭✭✭VinLieger


    thomas 123 wrote: »
    Word on Reddit is Robinhood is allowing buys tomorrow on GME, if that’s the case we may just be in the money.


    If its true that Citadel et al reloaded their shorts during todays no buy shenanigans then this might be too late


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    275 now


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  • Registered Users, Registered Users 2 Posts: 3,344 ✭✭✭buyer95


    Robinhood lifting it's buy ban is driving this way up in after hours trading.


  • Registered Users, Registered Users 2 Posts: 45,735 ✭✭✭✭Bobeagleburger


    GME $277
    AMC $11.11


    and both rising fast


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    Well done if you got in at close


  • Registered Users Posts: 1,224 ✭✭✭Kilboor


    dan786 wrote: »
    Look at what the question was.


    The price paid on open (9.30) is the first price of the day. A stock won't open at the last after market price paid, it will open at the first open price paid.


  • Posts: 0 [Deleted User]


    dan786 wrote: »
    Well done if you got in at close

    Revolut decided I wasn't worthy.


  • Registered Users Posts: 71 ✭✭dontparkhere


    VinLieger wrote: »
    If its true that Citadel et al reloaded their shorts during todays no buy shenanigans then this might be too late

    Could you explain that one please


  • Registered Users, Registered Users 2 Posts: 3,344 ✭✭✭buyer95


    Robinhood executes transactions through Citadel, apparently.

    Citadel are the ones who backed Melvin Capital for $2.75B, which evaporated almost instantly.

    What we saw today is literal market manipulation by a company that directly works with a party of interest.

    And yet, GME survived this massive short attack. Bodes well for tomorrow. (I sold 95% of my position yesterday, and won't be buying in again. What I've left in is for fun. This is not advice to buy.)


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    Shorts have not been covered but they have managed to reduce their losses.


  • Closed Accounts Posts: 1,301 ✭✭✭John Hutton


    The original lad on reddit has balls of steel how did he hold when he was due millions


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    For my fellow Nakd boardsies its up after hours also


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  • Registered Users Posts: 1,224 ✭✭✭Kilboor


    dan786 wrote: »
    Shorts have not been covered but they have managed to reduce their losses.


    121% latest data? https://finviz.com/quote.ashx?t=gme


  • Registered Users Posts: 50 ✭✭LC134


    VinLieger wrote: »
    If its true that Citadel et al reloaded their shorts during todays no buy shenanigans then this might be too late

    But is there not still a substantial amount of uncovered shorts ? The rise in price impacts them no?


  • Registered Users Posts: 806 ✭✭✭jams100


    Can I suggest we move this whole Gme, amc, nakd stuff into the shorted thread or a new thread ?

    https://www.boards.ie/vbulletin/showthread.php?p=116088751

    I think this whole gamestop thing is going to keep going on...this thread used to have some good discussion and new stocks to look at, now its just page after page of what price is gme this second.
    Just my own thoughts anyway :)


  • Registered Users, Registered Users 2 Posts: 5,689 ✭✭✭This is it


    The original lad on reddit has balls of steel how did he hold when he was due millions

    Took out 13m in fairness, he's not stuck for it :D


  • Registered Users, Registered Users 2 Posts: 18,298 ✭✭✭✭VinLieger


    LC134 wrote: »
    But is there not still a substantial amount of uncovered shorts ? The rise in price impacts them no?
    Could you explain that one please


    There could still be a lot of uncovered shorts, hopefully there is but it sounds like Citadel have extended out their period for when their shorts would be due which means the real criminals in all this may not receive any of the pain if it really does come tomorrow.


  • Registered Users, Registered Users 2 Posts: 5,904 ✭✭✭daheff


    So as I understand it Robinhood was going to be IPO'd soon.

    After stopping buying GME/AMC today I can see loads of users leaving them.... meaning no point in ipo??


  • Registered Users, Registered Users 2 Posts: 7,597 ✭✭✭MrMusician18


    daheff wrote: »
    So as I understand it Robinhood was going to be IPO'd soon.

    After stopping buying GME/AMC today I can see loads of users leaving them.... meaning no point in ipo??

    Who would use a platform that won't let you trade what you want to trade.

    Anyone that sticks with them after this deserves them.


  • Registered Users, Registered Users 2 Posts: 3,001 ✭✭✭KilOit


    Who would use a platform that won't let you trade what you want to trade.

    Anyone that sticks with them after this deserves them.
    Hopefully they go to the wall, what were they thinking


  • Registered Users, Registered Users 2 Posts: 18,298 ✭✭✭✭VinLieger


    KilOit wrote: »
    Hopefully they go to the wall, what were they thinking

    It really sounds like they were in between a rock and a hard place as they do a lot of business with Citadel, but it kinda exposes they dont really believe in what they preach so its hard to feel sorry for them.


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  • Registered Users, Registered Users 2 Posts: 3,567 ✭✭✭Timing belt


    Kilboor wrote: »

    That is the short position at 15/1/2021

    Data per your link:
    50.65m x 121.98% = 61.78m

    Shares shorted as of 15/1/2021 - 61.78m (Source: morningstar)


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    Winklevoss (Gemini) are setting up their own trading platform after today to turn people away from Robinhood. They has been on side of WSB throughout.


  • Registered Users Posts: 1,878 ✭✭✭MuddyDog


    RH looking for credit lines from lenders.


  • Registered Users, Registered Users 2 Posts: 20,067 ✭✭✭✭neris




  • Registered Users, Registered Users 2 Posts: 1,345 ✭✭✭TheW1zard


    Any predictions of price at opening?


  • Registered Users, Registered Users 2 Posts: 3,315 ✭✭✭dan786


    TheW1zard wrote: »
    Any predictions of price at opening?

    300+


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  • Registered Users, Registered Users 2 Posts: 5,689 ✭✭✭This is it


    dan786 wrote: »
    Winklevoss (Gemini) are setting up their own trading platform after today to turn people away from Robinhood. They has been on side of WSB throughout.

    Huge opening there for someone to pick up all the loving customers


  • Registered Users, Registered Users 2 Posts: 3,344 ✭✭✭buyer95


    MuddyDog wrote: »
    RH looking for credit lines from lenders.

    Source?


  • Registered Users Posts: 1,878 ✭✭✭MuddyDog


    buyer95 wrote: »
    Source?



    CNBC and Bloomers


  • Registered Users Posts: 147 ✭✭Bodjhrjekekr


    Is NIO a good long term investment? I am looking to invest in some electric car company, or some established company who are heavily investing in that side of things - with the plans in the next 10 years these are bound to increase?
    Any recommendations?


  • Posts: 0 [Deleted User]


    MuddyDog wrote: »
    RH looking for credit lines from lenders.


    Why would RH themselves be affected by this unless they themselves shorted?


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