The Investment Thread (12 Viewers)

itztime

Subscribing Member
VIP Subscribing Member
Joined
Aug 6, 2002
Messages
2,280
Reaction score
1,119
Age
44
Location
MS
Online
9AxX3Cr.png
When I first seen the proof picture, I said to myself "who the hell issues bras as company swag", than my ding dong light went off, "oh, it's a mask".
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
When I first seen the proof picture, I said to myself "who the hell issues bras as company swag", than my ding dong light went off, "oh, it's a mask".

Haha...same here.

On another note, GME is tanking hard right now, down almost $100.

These guys are DESPERATELY trying to get us to sell these shares. I think the stuff's about to hit the fan here in the next week or two.
 

itztime

Subscribing Member
VIP Subscribing Member
Joined
Aug 6, 2002
Messages
2,280
Reaction score
1,119
Age
44
Location
MS
Online
Look like this thing might have legs they pulled a picture before the account was locked and she is wearing Citadel swag.
IMG_3796.jpg

Though I am a bit disappointed with her lack of attention to detail with that index finger!

1623355067783.jpeg

Edit - Saintaholic has the pics too!
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline

itztime

Subscribing Member
VIP Subscribing Member
Joined
Aug 6, 2002
Messages
2,280
Reaction score
1,119
Age
44
Location
MS
Online
Dip got too tasty. Bought 1 more GME share.
I cashed out today on a few different shares that I was just playing with that netted me 3 bucks profit the last 6 months. I debated on buying another share of GME or getting more AMC shares. I went with AMC because I could buy more with that cash out, though it was honestly a tough decision.
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
I cashed out today on a few different shares that I was just playing with that netted me 3 bucks profit the last 6 months. I debated on buying another share of GME or getting more AMC shares. I went with AMC because I could buy more with that cash out, though it was honestly a tough decision.

Back in February, I hypothesized to myself that based on everything I knew, 18 AMC shares would be worth more than 1 GME share in the long run (18 to 1 was the ratio at the moment I made the decision with AMC).

In the fourth months since then, that ratio has already dwindled down to 5 AMC shares to 1 GME share, and even then, I still believe the principle will hold firm at the end of the process.
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
I'll have to go back and look, but it feels like it has been a long time since we have had a green Friday (hedgies will likely be trying to get those $40 calls OTM tomorrow). So I am expecting one more slight pull back tomorrow into the $37 to $39 range, this next week, things get crazy ahead of the new automatic margin call policy being ratified on 06/21.
 
Joined
Nov 29, 2019
Messages
1,150
Reaction score
1,426
Age
37
Location
Canada
Offline
I'll have to go back and look, but it feels like it has been a long time since we have had a green Friday (hedgies will likely be trying to get those $40 calls OTM tomorrow). So I am expecting one more slight pull back tomorrow into the $37 to $39 range, this next week, things get crazy ahead of the new automatic margin call policy being ratified on 06/21.
I think GME will increase tomorrow. Flirt with 250, and get pulled down for reasons you said.
 
Joined
Nov 29, 2019
Messages
1,150
Reaction score
1,426
Age
37
Location
Canada
Offline
I own 45,000 shares of a sub penny stock. Feel like a whale. Even though it’s “only” about $300.
 

mc4saints

Subscribing Member
VIP Subscribing Member
VIP Contributor
Joined
Sep 9, 2001
Messages
6,896
Reaction score
9,915
Offline
This was sent to me so total speculation. Lots of people in this thread way smarter than me so is it squash it or watch it?

"Did you happen to see the amount of calls bought for June 18th for GME? About 4 million. So 400,000,000 shares pretty much. It also lines up with a huge purchase of spy puts made for June 18th too. 65bn in active puts for that day. There's speculation of insider trading and people know stuff is gonna go south market/economy wise by June 18th."
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
This was sent to me so total speculation. Lots of people in this thread way smarter than me so is it squash it or watch it?

"Did you happen to see the amount of calls bought for June 18th for GME? About 4 million. So 400,000,000 shares pretty much. It also lines up with a huge purchase of spy puts made for June 18th too. 65bn in active puts for that day. There's speculation of insider trading and people know stuff is gonna go south market/economy wise by June 18th."

Those June 18th $40 call strikes have had over-inflated open interest for a couple of months now. My own personal theory and several other people's is that hedge funds/MMs/institutions in the know have been hoarding them, knowing shorts will have to close a significant amount of short positions prior to June 21st, when SR-NSCC-2021-002 kicks in.

I can remember looking at that all the way back in mid-April and telling a couple of my friends that "Someone may know something about that date." Not only was the open interest high, but the volume in relation to it was extremely low, which told me that these were institutional-level purchases.

A couple of weeks later, I bought a ton of June 18th calls based on that intel for $0.31 each, and literally turned a $4,000 investment into over $350,000 before cashing them out last week to pay off the mortgage and all debt, and get a small handful more January calls.

In hindsight, I wish I had put all my funds into those $0.31 calls, but I was too afraid of the time depreciation factor, and hedged my risk with September and January calls at $0.61 and $0.97 each, respectively.
 
Joined
Nov 29, 2019
Messages
1,150
Reaction score
1,426
Age
37
Location
Canada
Offline
This was sent to me so total speculation. Lots of people in this thread way smarter than me so is it squash it or watch it?

"Did you happen to see the amount of calls bought for June 18th for GME? About 4 million. So 400,000,000 shares pretty much. It also lines up with a huge purchase of spy puts made for June 18th too. 65bn in active puts for that day. There's speculation of insider trading and people know stuff is gonna go south market/economy wise by June 18th."
There is a lot I don’t understand. Another big date is July 16. With 30 million puts on GME down at 0.25 to 50 cents. I don’t know what that means.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Users who are viewing this thread

 

New Orleans Saints Twitter Feed

 

Headlines

Top Bottom