The Investment Thread (7 Viewers)

[saintmdterps]

You?!

The very moment this stock reaches those levels, this will be me, even if I am in the middle of a meeting.

And me in the parking lot

Google Image Result for https://media.tenor.com/NLNYD7MfZocAAAAM/ss-chevy.gif

images.app.goo.gl

 

[Terrence]

Well GME is having a good morning so far, green and climbing the ladder.

I the weekly max pain is about $160, so expect the price to close near there on Friday. /remind me in 1.5 days.

 

[DaveXA]

Obviously this is coming with semi-biased lenses, but what I have learned over this AMC/GME saga is that the Motley Fool is a pumper/dumper, with their own self-interests at heart with their pieces. They're bought. It is crystal clear to me that they've been tasked to put out hit pieces on certain stocks, by someone.

Literally every day, hit pieces on the same stocks, even after good days. During the process of AMC climbing 150% in this past month month, they were one of the main ones yelling "SELL! It's going down to a $.01!!!" to anyone that would listen. It's become a running joke among the Investment Facebook group I am a part of and other message boards I read.

I used to read the fool fairly regularly (10+ years ago), and they've been doing this forever. Hardly new. I think you're reading a bit too much into those "hit pieces". You can find similar commentary from a lot of other sources. I wouldn't be relying on a sole source of investing commentary to make my investing decisions in any case. Of course, ymmv.

 

[St. Geezy]

I used to read the fool fairly regularly (10+ years ago), and they've been doing this forever. Hardly new. I think you're reading a bit too much into those "hit pieces". You can find similar commentary from a lot of other sources. I wouldn't be relying on a sole source of investing commentary to make my investing decisions in any case. Of course, ymmv.

Yep...I do my own work, and I am always mining for info from others. Admittedly, a lot of that is a thirst for confirmation bias, but I typically follow that up with verifying the DD on my own.

 

[Turfie]

That's why it is important to get in early with AMC. My cost basis is $9.02, which is coincidentally where we closed yesterday.

I like the current price levels because even without the squeeze, with theaters re-opening, this stock should level out slightly above this at some point.

I really don't like GME though...too much to lose there, with minimal gain. To me, at this stage, 15 shares of AMC holds far more upside and far less downside value than 1 share of GME, so AMC is the one to load up on.

That’s probably true. I will not be long in GME. I’m betting on a squeeze. Although GME bring on Ryan Cohen may give some strong hope to those truly long on GME.

I bought in on AMC at 9 and sold out at 14.Broke even a way because I doubled my position on GME. Which has dropped since.

Edit. Jesus is GME is violent in every direction. Just erased a 33% single day drop to burying those loses the next day with a +53%.

 

[Turfie]

Red line is AMC. Green gme. Brother stocks again. KOSS also looks similar.

 

[St. Geezy]

Red line is AMC. Green gme. Brother stocks again. KOSS also looks similar.

Yep, I usually keep the live charts of GME, KOSS, and AMC up on my browser. A lot of times, you can get free previews of what’s to come in a few minutes on AMC by watching those.

EXPR, BB, SNDL and BBBY have also been tracking similarly, however lately they seem to be breaking off the pattern of the big 3 so called “meme stocks.”

 

[jboss]

I think the next “Big Short” movie will be even nuttier than the first. But obviously the sides reversed this time.

I’m shorting this share. Someone gets that shorted share. That someone else shorts it too. (Now that 1 share is owned by 2 different people who are both shorting it). That shorted share gets sent down stream and shorted again.

Now 3 different institutions are responsible for the same share. All 3 if margin called need to deliver an actual share.

Now, add greed. This simulation has been prolonged for years. A company only issued 70 million shares. Inside shareholders own 20 million of that. Retail owns more shares than anyone can comprehend.

And hedges own 150+ million shares. Doesn’t add up.

So you're shorting the the reddit stocks? Bold strategy let's see if it pays off.

 

[Kegger]

I am anticipating one hell of a transfer of wealth.

I think you'll be disappointed here, but who knows. Where did you get the 150M outstanding short count from?

 

[itztime]

For those that are interested in travel, is this the perfect time for CUK and I can have a Princess with that or is the CCL the safer bet? This is regarding Carnival Cruise Lines, CUK is the cheaper option but seems like you get more Positions with CUK.

 

[Turfie]

For those that are interested in travel, is this the perfect time for CUK and I can have a Princess with that or is the CCL the safer bet? This is regarding Carnival Cruise Lines, CUK is the cheaper option but seems like you get more Positions with CUK.

A travel stock I like but have no positions in is Air Canada. Almost the same share price as CUK. Canada has no plans to limit immigration any time soon.

 

[Tapxe]

LG to Close Mobile Phone Business Worldwide | LG NEWSROOM

Stepping Away from Phone Manufacturing and Sales Enables Company to Focus on Growth Sectors Including EVs, IoT and B2B Solutions SEOUL, Apr. 5, 2021 — LG Electronics Inc. (LG) announced that it is clo

www.lgnewsroom.com

 

[itztime]

Space Stock, lot of chatter here of late. Anyone jump in on the ETF ARKX, its not sky rocketing but is not spiraling down either. Also, I read that Elon Musk said that Space X would be priced for the retail investor when it goes public.

 

[itztime]

 

[B4YOU]

I like his YouTube videos on RE.