Share Picks 2021 - Thread banned users post #1

crushproof · 02-02-2021 4:32pm

And under 100 it goes.

daheff · 02-02-2021 4:32pm

patsy_mccabe wrote: »

GME now being defended from the trenches. Wasn't allowed to dip below $100.

$100 broken now. $94

VinLieger · 02-02-2021 4:33pm

MikeSoys wrote: »

i really need to close the browser windows and do some actual work. but im noticing the selling trading volumn on GME and AMC are looking similar -im sure there is no hedge funds working togets to sqeeze out the retail investor,

Saw a comparison for yesterday and the graphs for AMC and GME are close to identical

Mad_maxx · 02-02-2021 4:34pm

Prunty wrote: »

Who are the ten bagger hopefuls your referring to? Can't imagine you are hoping some boardsies who share a community with you have lost a **** load of money. Presume I'm misunderstanding

more like presuming

ive no hope or ambition for anyone to loose , those who bought under $30 achieved a ten bag , those dreams are now over for anyone else

Prunty · 02-02-2021 4:36pm

daheff wrote: »

we all win some and lose some. Hoping others lose some is bad form.

Happy to admit if/when i'm wrong on some calls. this one is still ongoing.

edit -not suggesting Prunty is hoping others lose.

I'm not hoping anyone loses money. I was asking the question of the previous poster. There have been a few tense exchanges in this sub, some regulars with their backs up because Johnny come latelies - like myself - have ventured in for some insight. I'd hope someone isn't kicking people when they're down out of spite and an 'I told you so' attitude that is shameful.

Everyone in this thread posted in here for the first time at some stage whether it was this week, two months ago or the day it was started. Bad form insulting people and scaring them off because of what? A lack of knowledge.

Mucashinto · 02-02-2021 4:38pm

thomas 123 wrote: »

<GME> <AMC> <KOSS>

I cashed out at opening today - after all that broke even - greed was my downfall on this one but lucky to come away even.

Also my predictions are crap for sure.

I'm sure this is scant consolation for you investors but you were on the right side of history here. Regardless of any 'well if you look at it in its entirety' etc. analyses, what was exposed here - in such a plain and obvious way which never really came across for the average person with the complicated derivatives of 2008 imo - was astounding. And this may not even be over surely.

That it will probably end up with the American taxpayer/worker actually paying for this level of naked greed backed by such obvious corruption only compounds the effect. That Americans seem to put up with such brutal treatment in almost all aspects of their civic lives with little actual revolt outside burning down their own neighbourhoods occasionally, well that's an issue they'll have to fix themselves imo.

But from someone watching this from the sidelines it was (is?) amazing. Terrifying if you still hold out any faith for 'liberal democracy' but there's so many nails being hammered into that coffin these days all that's left is splinters - any dragging out of this into the light is genuinely appreciated by me. Seismic moment and we all know who was cheated. Beginning not an end hopefully.

MikeSoys · 02-02-2021 4:39pm

VinLieger wrote: »

Saw a comparison for yesterday and the graphs for AMC and GME are close to identical

Silver was up on speculation so allow HF to cover for the GME shorts - allegedly.
they done this for CRH after the fininacial crash, price was up and down by a euro a day(i was surfing those waves for a month) -1k a day profit ent bad(buy 1k at €18 and sell at €19)... all we can do is ride the waves if we can catch em...but holding for the long term is always best though.

Mad_maxx · 02-02-2021 4:48pm

$60 provides support for GME , if it doesnt hold , could drop to low thirties today

bought 6 there @$78 there for the craic , thankfully made a grand last week so can afford to mess around , sold BBBY earlier for a $250 loss

Atlas_IRL · 02-02-2021 4:52pm

Supercell wrote: »

Anyone think CCIV is too expensive now?, getting serious FOMO here waiting it bang out 10%+ gains day after day, I see people saying this could be three digits if the Lucid rumour verifies, cool my jets?

hmm I dunno, its my biggest hold after NIO so props up the daily NIO loses this week and then some. The upside from here could be huge, no $10 spac has gone near this far without a target so the upside could be $60-100. Some of it might still depend on this wsb thing. If you were lucid you would wait until it dies down so maybe Monday or longer.

Do I wish I still bought more at $18-20 range yes
Would I buy at $28-30 no (only because the small chance it doesn't get done.)

dan786 · 02-02-2021 4:52pm

I cant see why anyone would sell this low. Most retail investors hopped on after th 200$/300$ marks so why would they be selling at huge losses.

Shedite27 · 02-02-2021 4:53pm

dan786 wrote: »

I cant see why anyone would sell this low. Most retail investors hopped on after th 200$/300$ marks so why would they be selling at huge losses.

To prevent a bigger loss

Daz_ · 02-02-2021 4:53pm

Revolut not allowing GME or AMC buys now !

Brian201888 · 02-02-2021 4:54pm

dan786 wrote: »

I cant see why anyone would sell this low. Most retail investors hopped on after th 200$/300$ marks so why would they be selling at huge losses.

Shorts can cover at this price so no hope of it getting back to those levels, it's over

Shedite27 · 02-02-2021 4:57pm

Good fightback from AMC, dropped to $6.13 and back now to $7

VinLieger · 02-02-2021 4:58pm

Brian201888 wrote: »

Shorts can cover at this price so no hope of it getting back to those levels, it's over

exactly they can cover at this price and then if they suddenly rush in to do so that could well spike it again.

It depends on how many are already covered though which there are many different theories on

roosterman71 · 02-02-2021 4:59pm

I sold 20% of my $AMC last week at $16. Covered my initial investment/gamble.
Still holding the remaining 80% which is free money now no matter what I sell for. Though should have sold at 15s last week. Got greedy

MikeSoys · 02-02-2021 4:59pm

Shedite27 wrote: »

Good fightback from AMC, dropped to $6.13 and back now to $7

i wonder if all the reddit/retail actually didnt sell any stock for a few hrs what would the graph look like

02-02-2021 4:59pm

Right folks, not good.

Glad I only bought 1.5 GME @230 so no horrible losses. The question is now should I just keep holding, or cut my losses? Decisions.

Supercell · 02-02-2021 4:59pm

Atlas_IRL wrote: »

hmm I dunno, its my biggest hold after NIO so props up the daily NIO loses this week and then some. The upside from here could be huge, no $10 spac has gone near this far without a target so the upside could be $60-100. Some of it might still depend on this wsb thing. If you were lucid you would wait until it dies down so maybe Monday or longer.

Do I wish I still bought more at $18-20 range yes
Would I buy at $28-30 no (only because the small chance it doesn't get done.)

Thanks, thats good advise, FOMO never served me well, i should have gotten in earlier instead of watching it get here, there will always be another stock to get in on, will sit this one out for now.

dan786 · 02-02-2021 4:59pm

Brian201888 wrote: »

Shorts can cover at this price so no hope of it getting back to those levels, it's over

Yes but the whole point here is that when they cover there will be a huge spike.

VinLieger · 02-02-2021 5:00pm

Judith Great Balance wrote: »

Right folks, not good.

Glad I only bought 1.5 GME @230 so no horrible losses. The question is now should I just keep holding, or cut my losses? Decisions.

you've already lost the bulk of what you are going to, like at this stage do you care if you go from -150 to -200

cal naughton · 02-02-2021 5:01pm

cal naughton wrote: »

Also AMC up16% rumor it's next inline for the wall Street bets treatment so will open a small position.

Complete gamble looking at fundamentals however for 2021 fundamentals seem to have been replaced by retail investors deciding to not let a "Great American institution" die.

Bought 700 shares when I wrote this on the 25th at 4.64 sold 100 at 16 and the remaining 600 today at 8 overall gain of 3.2k so I think I played it well .

My gain could have been about 10k but that's the game.

Once I seen Dave Portnoy sell out who was a big cheerleader I knew the game was up. Will have a look at price closer to closing bell hoping for a bounce tomorrow

Xaniaj · 02-02-2021 5:01pm

RH has raised their buy limit to 100 as of a little while ago so interesting to see if that has an affect.

dan786 · 02-02-2021 5:06pm

Above 100 again

02-02-2021 5:08pm

VinLieger wrote: »

you've already lost the bulk of what you are going to, like at this stage do you care if you go from -150 to -200

Not really. If there will still be entertainment in it for the rest of the week I'd be inclined to hold... but if all the drama is done now then what's the point?

GME was my first ever stock and it has been fun overall. Like another poster said (sorry I can't remember your name) I have barely thought about Covid at all.

I have also learned some valuable lessons, both in terms of what not to do, and also learning a lot about terminology, markets, stock etc. Stuff I had no clue about a week ago.

Perhaps this is the foundation for what will hopefully be some much more responsible (and profitable) investing (rather than hype based gambling) in future. Delighted though that I was strict with myself in terms of what I put in and kept any losses meaningless in monetary terms.

patsy_mccabe · 02-02-2021 5:11pm

Brian201888 wrote: »

Shorts can cover at this price so no hope of it getting back to those levels, it's over

They could gave also doubled up other shorts at the high share price. Either way they're winning on a drop in share price.
They may have even traded on the up side too.

02-02-2021 5:12pm

The Reddit thread is insane.

Coneygree · 02-02-2021 5:17pm

[Deleted User] wrote: »

The Reddit thread is insane.

I feel a little bit sorry for that guy who went from 50k-40m+. He's still up millions but I feel like he's surely been influenced even the slightest bit by Reddit pressing home the hold narrative.

02-02-2021 5:18pm

Coneygree wrote: »

I feel a little bit sorry for that guy who went from 50k-40m+. He's still up millions but I feel like he's surely been influenced even the slightest bit by Reddit pressing home the hold narrative.

God... I would have bailed out long before that value!

patsy_mccabe · 02-02-2021 5:18pm

Deleted User wrote: »

The Reddit thread is insane.

Link?

02-02-2021 5:19pm

patsy_mccabe wrote: »

Link?

https://www.reddit.com/r/wallstreetbets/comments/laujs5/gme_thread_for_2221/?utm_medium=android_app&utm_source=share

Sort by new.

02-02-2021 5:19pm

People are saying now that GME is on NYSE short restriction list meaning it can no longer be shorted.

Share price halted on the way up at 120

dan786 · 02-02-2021 5:22pm

AMC also recovering gone above 8$ again

02-02-2021 5:27pm

Over 130 now, did I say the drama was over?!?

SmokyMo · 02-02-2021 5:27pm

I think people are lost in the sauce if they think reddit/wsd can actually pump a tire let alone stock market...

02-02-2021 5:28pm

Halted again

billybonkers · 02-02-2021 5:28pm

Up to 137 now, damn you Revolut!!!

VinLieger · 02-02-2021 5:29pm

SmokyMo wrote: »

I think people are lost in the sauce if they think reddit/wsd can actually pump a tire let alone stock market...

So the last 10 days didn't happen?

neris · 02-02-2021 5:29pm

Coneygree wrote: »

I feel a little bit sorry for that guy who went from 50k-40m+. He's still up millions but I feel like he's surely been influenced even the slightest bit by Reddit pressing home the hold narrative.

Im sure hes well out and pushing the hold narrative so he can dump the last few of his stock

Shedite27 · 02-02-2021 5:30pm

Get out the rockets lads, we're off

TheMilkyPirate · 02-02-2021 5:31pm

****ing revolut trying to buy for the last half hour

Xaniaj · 02-02-2021 5:31pm

neris wrote: »

Im sure hes well out and pushing the hold narrative so he can dump the last few of his stock

He's open about cashing out 14m so he's sorted for life in any case.

Mad_maxx · 02-02-2021 5:32pm

Judith Great Balance wrote: »

Halted again

just giving the institutional shorts a chance to reload :mad:

dan786 · 02-02-2021 5:32pm

neris wrote: »

Im sure hes well out and pushing the hold narrative so he can dump the last few of his stock

He cashed out 13m. Still had 3 times that left over but didnt sell (yet anyway).

02-02-2021 5:32pm

*Stock price plummets*

NYSE: zzzz....

*Stock price rises*

NYSE: Halt!!!

clones1980 · 02-02-2021 5:33pm

TheMilkyPirate wrote: »

****ing revolut trying to buy for the last half hour

Check your email. Revolut blocked gme and AMC. Cant be bought till further notice

dan786 · 02-02-2021 5:34pm

Above 150$

MuddyDog · 02-02-2021 5:34pm

are we going to the moon now?

Coneygree · 02-02-2021 5:34pm

neris wrote: »

Im sure hes well out and pushing the hold narrative so he can dump the last few of his stock

Still hadn't touched his position from early last week at close of business last night. He's cashed out enough so he or his kids will never need to work again but he's still got a heavy position to contend with.

02-02-2021 5:34pm

Breaking 150

Share Picks 2021 - Thread banned users post #1

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