The Investment Thread (5 Viewers)

You think there is some pump and dump going here or will this bump up hold?

I am honestly lost on this one. I think there is a chance Adam knew this lever meant something big for some of the shorts involved in this saga.

It very well could be a pump and dump favor also, so who knows.

Just seems extremely odd, the circumstances behind that stock.
 
HYMC (of AMC fame) with the big 92% gain today.

A part of me wonders if this created more issues than meets the eye for shorts. Nevertheless, shrewd move by Adam Aron, pumping this heavily-shorted security up.
I rarely do non GME plays nowadays. But I got a 2K work bonus (after taxes) and bought 500 shares of HYMC last week. And held.

D702DDFF-47F8-4F4C-AB92-EF8DA67524B0.jpeg

Edit - the other stock I bought was SLGG. Which has done nothing since. But it may be due.
 
I rarely do non GME plays nowadays. But I got a 2K work bonus (after taxes) and bought 500 shares of HYMC last week. And held.

D702DDFF-47F8-4F4C-AB92-EF8DA67524B0.jpeg

Edit - the other stock I bought was SLGG. Which has done nothing since. But it may be due.
Nice, good luck!
 
Sold half of my calls this morning. Bought for $22 each. Sold for $1130 each. Now ERJ is starting to heat up and AAL is running. Good times.

Still have straddle on AMC just had too much invested. $30 appears to be a big hump this morning and it's already been halted once for volatility. At one point my calls and puts were up because volatitlity was so high.
 
Loving what AMC is doing, but I'll tell you what, SOFI and SPCE, to me, are the best two values out there at the moment (wouldn't chase SPCE if you're not already in, but SOFI, yes).

Look at the 04/14 options chain; someone knows what's coming. And it appears that all of these 100% short utilization securities are quickly going back to their late November/early December levels.

Follow the money!
 

Attachments

  • sofi.png
    sofi.png
    177.6 KB · Views: 6
Loving what AMC is doing, but I'll tell you what, SOFI and SPCE, to me, are the best two values out there at the moment (wouldn't chase SPCE, but SOFI, yes).

Look at the 04/14 options chain; someone knows what's coming. And it appears that all of these 100% short utilization securities are quickly going back to their late November/early December levels.

Follow the money!
I just hopped on the SOFI option play. Mostly so I can take credit if you are correct and blame you if wrong.
 
I just hopped on the SOFI option play. Mostly so I can take credit if you are correct and blame you if wrong.

I got in for under a nickel yesterday and already took out my original investment. These $12 calls are already flying over 400%.
 
Multiple people are claiming GME hit $300+ very briefly today even though the charts aren’t displaying it.

Crazier is there are some that claim $510 was it this morning.



What if I told you that AMC and GME, at this specific moment following their big 100+ percent runs, may be the ultimate distraction plays? Would you believe me?

There was a point this morning where a person could sell 10 AMC calls for this upcoming Friday, $10 OTM at the $40 strike, and buy 1000 SOFI calls $2 OTM at the $12, three weeks out.

SPCE is in a similar boat, along with a host of several other 100% short utilization stocks that seem to all be creeping back to their pre-fake January dip levels.
 
What if I told you that AMC and GME, at this specific moment following their big 100+ percent runs, may be the ultimate distraction plays? Would you believe me?

There was a point this morning where a person could sell 10 AMC calls for this upcoming Friday, $10 OTM at the $40 strike, and buy 1000 SOFI calls $2 OTM at the $12, three weeks out.

SPCE is in a similar boat, along with a host of several other 100% short utilization stocks that seem to all be creeping back to their pre-fake January dip levels.
I’m happy with the GME shares that I have in ComputerShare. Those I won’t sell unless something insane happens. I’m probably starting to actually diversify my moon plays now. Albeit with not a lot of money.

SOFI is a good one. I saw it below 9 and chickened out last week.
 
As expected, these past 2 to 3 months were indeed all an attempt to shake people out before the proverbial next leg up for the market.

The SPY is on an absolute tear. So many people on the sidelines during this very quick run, as intended.

A picture-perfectly executed Wyckoff Accumulation.
 
As expected, these past 2 to 3 months were indeed all an attempt to shake people out before the proverbial next leg up for the market.

The SPY is on an absolute tear. So many people on the sidelines during this very quick run, as intended.

A picture-perfectly executed Wyckoff Accumulation.
I think it's about to come to an end and we're about to see some nasty take back over.
 
I think it's about to come to an end and we're about to see some nasty take back over.

I think we pull back going into Friday, to kill the options, then next week we resume.

SPCE just broke through to 15% up by the way. SOFI remaining stagnant, but it looks like the two EMAs I track (13/48) are about to cross to the upside in a few minutes.

Next two FIB levels for SOFI are $10.08 and $10.02. Should rip shortly after hitting one of those two levels.
 
Perfection.

Having a tough time breaking through that $10.15 level though.
 

Attachments

  • sofi0329.png
    sofi0329.png
    269.9 KB · Views: 6

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Users who are viewing this thread

    Back
    Top Bottom