The Investment Thread (1 Viewer)

[B4YOU]

Lumber prices sink below $1,000 for the first time since March, now down 40% since May's record high - Business Insider India

Lumber prices are now down roughly 40% from their May 7 peak, but are still up over 175% over the past year.

www.businessinsider.in

Lumber is now below $1k per 1k board feet with production increasing. This is down 40% from May’s high.

 

[Mr. Blue Sky]

I think maybe this is a sign that we should all invest in cannabis stocks….





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[St. Geezy]

All major indexes in the red, including virtually all the other so-called meme stocks, but AMC is well in the green, and appearing set to achieve new heights.

This could be a sign that liquidations have started, but there is obviously a long way to go though. The day is still very young!

 

[superchuck500]

All major indexes in the red, including virtually all the other so-called meme stocks, but AMC is well in the green, and appearing set to achieve new heights.

This could be a sign that liquidations have started, but there is obviously a long way to go though. The day is still very young!

I’m in again (got $45 on a dip last week largely due to following your posts and analysis). I didn’t do options this time, just gonna play the stock. Thanks

Saw a large call buy today of mid-July $76’s at $12 per.

 

[Turfie]

All major indexes in the red, including virtually all the other so-called meme stocks, but AMC is well in the green, and appearing set to achieve new heights.

This could be a sign that liquidations have started, but there is obviously a long way to go though. The day is still very young!

AMC has been an absolute tank. I was pretty bearish on GME for this week. Next week some catalysts come. Both forced catalysts and maybe some actual GameStop news.

 

[St. Geezy]

I’m in again (got $45 on a dip last week largely due to following your posts and analysis). I didn’t do options this time, just gonna play the stock. Thanks

Saw a large call buy today of mid-July $76’s at $12 per.

Nice!

I don't think they're done playing games with the dips just yet, but I am definitely seeing clear signs that they're under some sort of duress this week. I think we make a legit, parabolic run for triple digits in the next 48 hours.

I think this $61-$64 consolidation has been healthy, and it also has the RSI cooling off a good bit before the next big run.

 

[St. Geezy]

AMC has been an absolute tank. I was pretty bearish on GME for this week. Next week some catalysts come. Both forced catalysts and maybe some actual GameStop news.

Still a long way to go, but that AMC/GME gap is starting to slowly close. It's very possible Cramer did indeed slip-up and tell us the truth back in January, about AMC being the real threat that had hedge funds worried. Really wish I could find that clip again.

It's been very telling to me that it has been AMC, not GME, getting the daily hit piece articles from the media these past four months. It feels like literally every single day.

 

[itztime]

Still a long way to go, but that AMC/GME gap is starting to slowly close. It's very possible Cramer did indeed slip-up and tell us the truth back in January, about AMC being the real threat that had hedge funds worried. Really wish I could find that clip again.

It's been very telling to me that it has been AMC, not GME, getting the daily hit piece articles from the media these past four months. It feels like literally every single day.

One of the presumptions I have seen, is that the hedgies will entice the $GME HODL's to sell and turn around and buy AMC, not that they both arent due the big pay day, but the cat and mouse game chasing, turning them into paper hands.

 

[St. Geezy]

One of the presumptions I have seen, is that the hedgies will entice the $GME HODL's to sell and turn around and buy AMC, not that they both arent due the big pay day, but the cat and mouse game chasing, turning them into paper hands.

Yeah that makes sense and is very plausible.

 

[literature]

consider that kramer might just have said the opposite and lied (and then consider ignoring him outright lol). His current act is to be buffonish and act as though he's stressed out and lost it.

These things both got shorted to death but the much smaller number of shares outstanding and smaller float on GME should tell you a lot about which is theoretically able to squeeze harder

 

[St. Geezy]

Just turned 10 September contracts I bought for $0.61 apiece in May into about 100 contracts for this Friday on that last rapid dip all the way down to $57, $63 strike. Calling their bluff on this one.

That was too rapid and unnatural to believe. They were trying to scare there.

 

[itztime]

Just turned 10 September contracts I bought for $0.31 apiece in May into about 100 contracts for this Friday on that last rapid dip all the way down to $57, $63 strike. Calling their bluff on this one.

That was too rapid and unnatural to believe. They were trying to scare there.

Matt Kohr is supposed to address this with David Lauer @ 1pm CST.

 

[itztime]

Definitely getting kickbacks.

 

[St. Geezy]

Cathie Woods' ARK fund just loaded up 150k shares moments ago.

 

[B4YOU]

Rents for single-family homes just saw the largest gains in nearly 15 years

With home prices sky high, demand for single-family rental homes is soaring – and so are the rents.

www.cnbc.com

I think 3+ bedroom SFH rents are going keep climbing. Material costs and a pandemic with eviction restrictions may be driving this right now. Long term, the desire for home offices and millennials with student loans while raising kids with a median savings of $5k are going to make SFH rental demand grow. They won’t delay the American Dream, they’ll just rent it.

@Mr. Blue Sky