The Investment Thread

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More than half a million shares of GME were borrowed to short this morning at 7:16 am.

On a stock with unsettled naked shorts. They are borrowing over 500K more shorts. That’s more than 2% of the float in one morning to put that in perspective.

Nothing about this stock has made any sense in over a year.
 
Some interesting stocks I picked up a while back for their nice Dividends really have grown a lot too.

PRU and SNAP. I mean, who saw Snap On Tools going up another 80% since last September? And Prudential went up about 70% since then, with a 4% dividend yield (About $1.15/share)
 
Turfie said:
More than half a million shares of GME were borrowed to short this morning at 7:16 am.

On a stock with unsettled naked shorts. They are borrowing over 500K more shorts. That’s more than 2% of the float in one morning to put that in perspective.

Nothing about this stock has made any sense in over a year.
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You can see right where they unloaded those shorts. In real time this was almost a 90 degree down turn. 180 remains a big deal for them.

180.01. lol
 
Mood.

79ee23fd92bb12e1c9581af54cd221c7.gif


If you know, you know.
 
Saintaholic said:
Mood.

79ee23fd92bb12e1c9581af54cd221c7.gif


If you know, you know.
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Major hit today for those short on AMC, Koss, and GME. Today was T-21. Something about having 21 days to actually deliver the shares.

Hedgies will find away to keep fighting and shorting. Hopefully tomorrow’s losses are just -5% or so. They gonna pissed.

Now would be a great time to drop some awesome company news after hours.
 
Turfie said:
Major hit today for those short on AMC, Koss, and GME. Today was T-21. Something about having 21 days to actually deliver the shares.

Hedgies will find away to keep fighting and shorting. Hopefully tomorrow’s losses are just -5% or so. They gonna pissed.

Now would be a great time to drop some awesome company news after hours.
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Also think next week's share count release for AMC is a big deal (which will reveal that there are shares out there to the tune of multiple times the true float), along with all the new policies in place from the DTCC, OCC, SEC, etc.

Exciting times.

The walls are collapsing on the shorts from every angle.
 
...if the share count release next week reveals a massive amount of naked/synthetic shares that were used to short (which we know for sure there were), then now you're talking legitimate criminal activity and investigations launched. So with that in mind, hedge funds have every reason in the world to get that cleaned up prior to next week, and I think that explains a lot of this week's price action.
 
Mr. Blue Sky said:
Probably best to buy the dip.. Even taking the markets and inflation out of the equation, now- and throughout the rest of 2021 IMO- is a terrible time to buy a home... It’s maybe the most one sided seller’s market in a generation, and in any place that’s even remotely desirable to live, agents are currently getting multiple offers well over asking price... I am not one of those who always professes to know that ‘this bubble has got to burst’- but i do think there’s a good *probability* of it bursting.. my best guess is it’ll happen late in 2021, or in 2022.. so best to stay on the sidelines for now, in my most humble estimation.
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DaveXA said:
Agreed. That said, supply in the housing market is still really tight. Lumber prices are stupid. So I think it's gonna take some time to unwind all of that before the balance gets back to somewhat normal. I've been wanting to buy myself, but I'm probably gonna wait another year.
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I just bought on the FL panhandle and we closed on 30 April. The market is stupid. We were outbid on 4-5 houses and that's with going over asking price. We finally won a bid that was $25K over asking, but $200-300K less than what we were previously bidding on. Not dealing with a mortgage in that range will be nice. I've moved every year except 2014 since 2011 and I was just ready to finally put down some roots somewhere. If the market adjusts, that's okay, I don't plan on moving anytime soon and if I do, we'll probably just keep the house in FL.
 
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Mr. Blue Sky said:
Probably best to buy the dip.. Even taking the markets and inflation out of the equation, now- and throughout the rest of 2021 IMO- is a terrible time to buy a home... It’s maybe the most one sided seller’s market in a generation, and in any place that’s even remotely desirable to live, agents are currently getting multiple offers well over asking price... I am not one of those who always professes to know that ‘this bubble has got to burst’- but i do think there’s a good *probability* of it bursting.. my best guess is it’ll happen late in 2021, or in 2022.. so best to stay on the sidelines for now, in my most humble estimation.
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This is only 12.5% yoy. The lower end 400s-500s are closer to 20-25%. I could walk away with 100k for my house 3.5yrs after purchase with almost nothing put into it. The problem, I’d now be a buyer who has to downsize to purchase in a rental market that’s still expensive.

My brother is selling his house and renting until he finally wins a bidding war because “there’s too much money to be made.” Louisiana is a different market and I wish him well. With his a wife and 2 kids, I don’t know that I would be so bold.
 
B4YOU said:
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This is only 12.5% yoy. The lower end 400s-500s are closer to 20-25%. I could walk away with 100k for my house 3.5yrs after purchase with almost nothing put into it. The problem, I’d now be a buyer who has to downsize to purchase in a rental market that’s still expensive.

My brother is selling his house and renting until he finally wins a bidding war because “there’s too much money to be made.” Louisiana is a different market and I wish him well. With his a wife and 2 kids, I don’t know that I would be so bold.
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This is what I’m dealing with here in just Kitchener Ontario. Adjusted for USD it’s over 700K for this thing. Unbelievable. Houses sold in December are already being relisted and going for an additional 100K.
 

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