Investing General Discussion

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Nirgon

Log Wizard
13,775
21,681
Why not just play the long game and wait for AMC to hit 20+ again with the economy getting reopened
 
  • 1Clown World
Reactions: 1 user

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
80,145
160,353
Why not just play the long game and wait for AMC to hit 20+ again with the economy getting reopened

I'm not sure if the movie theater industry will ever return to what it was due to COVID and theater films going straight to streaming now.

People have more reticence being around crowds of strangers in same room for 2 hours, elbow to elbow, even if everything opens and there's a vaccine.
 

Jysin

Ahn'Qiraj Raider
6,457
4,345

GameStop Short Interest Plummets in a Sign Traders Are Covering​


After absorbing a $20 billion hit, bears appear to have started covering their GameStop Corp. positions in earnest.



Short interest in the video-game retailer plummeted to 39% of free-floating shares, from 114% in mid-January, according to IHS Markit Ltd. data. Data from S3 Partners, another market intelligence firm, showed a similar pattern, with GameStop’s short sales having fallen to about 50% of its total stock available to trade, down from a high of roughly 140% reached earlier this year.


*Edit* GME currently halted down at $213
 

Aychamo BanBan

<Banned>
6,338
7,144
C0A05AF2-4C51-4789-9DBD-A68FE8937FA4.png

.
 

Fogel

Mr. Poopybutthole
13,140
52,047
I have too many SPACs need to trim (and overall too):

ZNTE,IPOE,FUSE,BTNB,BTAQ

No such thing a stoo many spacs! How much are you up on IPOE? I think that's the furthest along in its lifecycle and has got most of the big gains it will get in the short term. The others are all waiting for their rumor/announcement and will jump, so I'd hold those. And did you miss type BTNB instead of BTWN? BTNB is only a week old
 

Sanrith Descartes

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<Aristocrat╭ರ_•́>
44,538
120,778
Apparently KPMG resigned as TRIT's independent auditor. I was checking it out this morning maybe thinking to buy in, but this is a horrible update. For those still holding it, maybe consider cutting bait or selling covered calls in the money to try to make some extra on the way out.
 

Wingz

Being Poor Sucks.
13,049
40,326
Apparently KPMG resigned as TRIT's independent auditor. I was checking it out this morning maybe thinking to buy in, but this is a horrible update. For those still holding it, maybe consider cutting bait or selling covered calls in the money to try to make some extra on the way out.
Did 3 CC's today for this reason.
 
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Fogel

Mr. Poopybutthole
13,140
52,047
Not looking good for the meme stonks. Sold AMC at 16, down to 14, EXPR at 5.7, down to 4.7, NAKD at 1.8, down to 1.4.

Also, this one has totally Schrodinger'd me

 
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  • 1Worf
Reactions: 2 users

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
80,145
160,353
HCMC ride to the moon or die! woooo!

1612194545794.png
 
  • 2Worf
Reactions: 1 users

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,538
120,778
While y'all are playing "gotta catch them all" with the meme stocks I started a position with HD at 267.50. I am looking to start MCD if it hits $205.
 

Jackie Treehorn

<Gold Donor>
2,908
7,481
Not looking good for the meme stonks. Sold AMC at 16, down to 14, EXPR at 5.7, down to 4.7, NAKD at 1.8, down to 1.4.

Also, this one has totally Schrodinger'd me



No no, social media tells me they’re going to “rip in the afternoon,” “buy the dips,” “people have millions of shares in queue but the systems are slowed down,” and so on.
 

Sanrith Descartes

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<Aristocrat╭ರ_•́>
44,538
120,778
UNH is bouncing off the 100 DMA ($333). I think it has room to fall still (the 200 DMA is $313) but its worth watching for anyone interested.
 

Blazin

Creative Title
<Nazi Janitors>
6,952
36,149
Hey guys I heard the next big play is buy VZ we are going to get these wall street fuckers, diamond hands, tendies etc etc


(Please buy VZ)
 
  • 6Worf
  • 3Like
  • 1Double Worf
Reactions: 9 users

Louis

Trakanon Raider
2,836
1,105
Hey guys I heard the next big play is buy VZ we are going to get these wall street fuckers, diamond hands, tendies etc etc


(Please buy VZ)
Need some rocketship emojis added to this before Ill take it seriously.
 
  • 2Solidarity
  • 1Truth!
  • 1Worf
Reactions: 4 users