The Investment Thread (2 Viewers)

[Turfie]

I read a quote that I like.

“What video games has taught me, is that if you are encountering enemies...that usually means you are going the right way”.

 

[St. Geezy]

For those of you in AMC, I highly recommend this guy's channel. I enjoy guys like Matt Kohrs, Trey Trades, etc., and watch them every evening and I value what they provide, but at the end of the day, those guys are not trained experts and are more so good hype men. This guy though, you can tell right away that he's been around the block on the stock market game, and he has been very consistently accurate on his price movement predictions.

 

[Turfie]

So with call options:

GSAT is currently 1.29 per share. And I believe the share price will close above 2.00 between now and July 21.

To buy 5 calls (each call is 100 shares) I have to pay a total premium of $50.

So if the share price closes at any time above 2.00 between now and July 21 then I could buy 500 shares at the current share price of $1.29??

 

[superchuck500]

So with call options:

GSAT is currently 1.29 per share. And I believe the share price will close above 2.00 between now and July 21.

To buy 5 calls (each call is 100 shares) I have to pay a total premium of $50.

So if the share price closes at any time above 2.00 between now and July 21 then I could buy 500 shares at the current share price of $1.29??

Yes you can exercise a call option anytime before expiration.

 

[St. Geezy]

So with call options:

GSAT is currently 1.29 per share. And I believe the share price will close above 2.00 between now and July 21.

To buy 5 calls (each call is 100 shares) I have to pay a total premium of $50.

So if the share price closes at any time above 2.00 between now and July 21 then I could buy 500 shares at the current share price of $1.29??

You can, or you can just trade the premium, which would skyrocket if the share price got to $2 early in the one month time period, for profit.

I would warn though that similar to AMC/GME, GSAT is one of the most traded stocks on the non-ATS dark pool, so be careful; it could very possibly be a trap, being that unlike AMC/GME, it does not have a loyal group of HODLers, at least to my knowledge.

OTC Transparency Data

otctransparency.finra.org

Go to "OTC (Non-ATS Issue Data)" at the top.

 

[Turfie]

I probably sang this to my kids a dozen times. There’s probably an AMC version somewhere

 

[dbridge]

So with call options:

GSAT is currently 1.29 per share. And I believe the share price will close above 2.00 between now and July 21.

To buy 5 calls (each call is 100 shares) I have to pay a total premium of $50.

So if the share price closes at any time above 2.00 between now and July 21 then I could buy 500 shares at the current share price of $1.29??

You can exercise the option at anytime on or before the expiration date at the strike price of your options contracts, not at $1.29.

 

[St. Geezy]

 

[St. Geezy]

 

[itztime]

Just set some limit buys for ETH, ADA & AMP in the event these keep sliding on down.

 

[St. Geezy]

Just set some limit buys for ETH, ADA & AMP in the event these keep sliding on down.

I'm sitting out on crypto until this whole over-shorted stock madness plays out. Tracking how these price movements have gone since December, in relation to the price movements of the over-shorted stocks, a part of me feels like large institutions have potentially perpetrated one of the biggest pump and dump con jobs of all-time, to help offset some of the damage for their blunder.

 

[DaveXA]

I'm sitting out on crypto until this whole over-shorted stock madness plays out. Tracking how these price movements have gone since December, in relation to the price movements of the over-shorted stocks, a part of me feels like large institutions have potentially perpetrated one of the biggest pump and dump con jobs of all-time, to help offset some of the damage for their blunder.

Yeah, I've never really been high on crypto. I just feel like the whole thing is a racket and ultimately become the next pet rock. Useless imo.

 

[St. Geezy]

Looks like Hedgie meme stock insurance, I mean crypto, is continuing its free fall this morning, across the board. I personally would not touch that stuff with a 10 foot pole right now until this over-shorted stock situation is done and over with.

As I said yesterday, I know it sounds like tinfoil hat talk, but I have a feeling that Bitcoin and the like may have been the biggest long-game pump and dump scam of our time, to help mitigate some of the damage on the over-shorted stock plays.

 

[Turfie]

GSAT cruising this morning.

 

[St. Geezy]

GSAT cruising this morning.

Saw that! Did you act on the $2 calls? I'm sure those are already looking nice.