The Investment Thread (5 Viewers)

[Turfie]

Another end of day dip for poor little GSAT.

 

[Turfie]

 

[St. Geezy]

Me facing "the dark" day dips versus the hedgie suits on Wall St:

 

[Turfie]

Fast forward to 3:04. Watch the host of Fox News. Super subtle. But it seems clear to me that the network didn’t want GameStop to be mentioned.

 

[St. Geezy]

Fast forward to 3:04. Watch the host of Fox News. Super subtle. But it seems clear to me that the network didn’t want GameStop to be mentioned.

I'm not so sure. I certainly did not get that impression. In fact, Charles Payne has been the most outspoken media member backing retail on this battle since January.

 

[DaveXA]

I'm not so sure. I certainly did not get that impression. In fact, Charles Payne has been the most outspoken media member backing retail on this battle since January.

Yeah, I have noticed that. He's definitely got a different take from the other typical stock and finance pundits. I don't always agree with his takes, but most make good sense.

 

[superchuck500]

AMC having a nice morning. Isn't today some kind of trigger or milestone?

 

[St. Geezy]

AMC having a nice morning. Isn't today some kind of trigger or milestone?

A ton of call option open interest this week. Many think it is either a bunch of long institutions that think something big is happening today, and others believe it is the hedge funds themselves hoarding them all, to help ride the wave up with the longs and offset costs, knowing they have to start covering a good bit today. Either scenario is good, and creates the potential of a MASSIVE gamma squeeze.

Also, today is a quadruple witching day, so that in itself will bring a ton of volatility.

Lastly, Monday, the SEC is expected to approve and ratify a new rule that will automate margin calls on over-leveraged institutions, so many believe the clock may strike midnight on the hedge funds between today and early next week.

No guarantees out there obviously, but there are a lot of potential catalysts to be hopeful about over the next week.

 

[St. Geezy]

To the contrary of my last post, it's been a pretty boring day across the markets, following a hot start.

I do think power hour will be nuts though.

 

[Turfie]

To the contrary of my last post, it's been a pretty boring day across the markets, following a hot start.

I do think power hour will be nuts though.

Cramer tweeted today mentioning 2:45 is a time to buy stocks. But he was referencing something he heard from Jimmy Chill (whoever or whatever that is).

So many tasty dips right now. Zom < 0.9. TLRY < 17. AMC & GME < 1000

 

[Mr. Blue Sky]

Maybe yet ANOTHER sign that we should all be investing in cannabis stocks ?







.

 

[Turfie]

GameStop board member dropping an interesting tweet at market close.

 

[superchuck500]

Maybe yet ANOTHER sign that we should all be investing in cannabis stocks ?







.

My cannabis ETF was down almost 3%.

 

[St. Geezy]

 

[itztime]

Well explained video below of recent events.