The Investment Thread (1 Viewer)

Just closed out my TSLA puts right on the edge of the money and made a killing. Felt like TSLA was going to test $900 before Christmas but may have gone too far too fast yesterday and time to step out. The institutional selling into the retail buying could be a sign it’s about to take a massive dump but I made a ton and time to step out. May buy some calls if it settles around $900 but if it drops below that it’s a really bad sign.

The air traffic is packed everywhere right now but I think they have another big wave of Covid cranking up. Tough to find much that looks attractive in the current environment with the FED and Covid. Looks like it is time for markets to pay some bills.

Did buy some GME and AMC this morning. Think it’s time for a bounce on both.
 
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“AMC Entertainment Holdings, Inc. (NYSE: AMC) shares are trading higher following a strong opening box office performance of 'Spider-Man: No Way Home.'”

Suuurrreeeee.
 

“AMC Entertainment Holdings, Inc. (NYSE: AMC) shares are trading higher following a strong opening box office performance of 'Spider-Man: No Way Home.'”

Suuurrreeeee.

GameStop may be moving higher in sympathy with AMC Entertainment Holdings Inc (NYSE:AMC), which is soaring following a strong opening box office performance of "Spider-Man: No Way Home."

Really? I thought it was because GameStop restocked the PS5 bundle.
 
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SLGG. This is some interesting price action. Going to purchase some on Monday. I’m attracted to fudgery.
 

“AMC Entertainment Holdings, Inc. (NYSE: AMC) shares are trading higher following a strong opening box office performance of 'Spider-Man: No Way Home.'”

Suuurrreeeee.

LOL...There's always the convenient narrative. The stock market has become such a scripted event.
 
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JP Morgan said this today.

Round 2 coming?

For greater context. They believe much of the entire market could squeeze. Not just the memes.

In short, someone, or rather several someones, bet and hedged hard on total economic collapse as a result of the COVID pandemic, using additional margin they were given due to said pandemic, and now it is coming time to pay the piper for the blunder, especially on securities like AMC and GME.
 

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