Investing General Discussion

Sanrith Descartes

Sanrith Descartes

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lol money flowing out of value staple stocks and right back into tech. just like a reverse flow of yesterday.
 
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Jysin

Jysin

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I think money is flowing into travel this week.

My long plays on DAL and NCLH have performed extremely well this week, even during the market weakness yesterday.
 
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Furry

Furry

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Arden said:
Appreciate the honest opinion. Most of the stuff I'm reading from other places see this as really bullish. There is talk that there is a settlement in HCMC's favor with PM in the works. Lots of insider stock acquisition being a good sign. But it's tough the separate the truth from the pumpers and hypers /shrug.
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Most of the time when you go to a place like reddit or the news, its people trying to make money off of you, not people trying to help you make money. Printing bills didn't work for Zimbabwe, and printing stonks isn't working for HCMC. Somehow the US gets away with it, but I guess that's the advantage of being #1.
 
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Arden

Arden

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Furry said:
Most of the time when you go to a place like reddit or the news, its people trying to make money off of you, not people trying to help you make money. Printing bills didn't work for Zimbabwe, and printing stonks isn't working for HCMC. Somehow the US gets away with it, but I guess that's the advantage of being #1.
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Yeah, I mean I've said it before- that's why this board is a good resource for info. The fact that this is gaming board and NOT a fin board insulates it in some ways from the bullshit. I searched a lot of boards from Reddit to Stockwits, I scoured twitter, and I couldn't find a single negative take on that news. Most of the stuff I found was super bullish. At worst, the takes were neutral (the news won't affect the stock type of stuff). You were the only one who had a neg take on the news and right now it looks like you saved me hundreds of dollars (thanks btw).

Disinformation is such a huge issue these days. It's always been a concern, but it seems like the GME stuff showed how much social media can impact retail investing, and people are now making stock manipulation through social media disinformation a science. Finding a place where you can trust the info you are getting is priceless.
 
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Jackie Treehorn

Jackie Treehorn

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Arden said:
Yeah, I mean I've said it before- that's why this board is a good resource for info. The fact that this is gaming board and NOT a fin board insulates it in some ways from the bullshit. I searched a lot of boards from Reddit to Stockwits, I scoured twitter, and I couldn't find a single negative take on that news. Most of the stuff I found was super bullish. At worst, the takes were neutral (the news won't affect the stock type of stuff). You were the only one who had a neg take on the news and right now it looks like you saved me hundreds of dollars (thanks btw).

Disinformation is such a huge issue these days. It's always been a concern, but it seems like the GME stuff showed how much social media can impact retail investing, and people are now making stock manipulation through social media disinformation a science. Finding a place where you can trust the info you are getting is priceless.
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Unfortunately, not that it was perfect before, but Reddit, Stocktwits, and Twitter have become measurably worse for stock information since AMC / GME drew in millions of idiots.

It’s still good for what it’s good for (ie I like the SPACs subreddit,) but a lot of it is bagholders pumping things they’re stuck in with no logic.
 
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Sanrith Descartes

Sanrith Descartes

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I know some of you use TD. My wife is trying to open a SEP and Fidelity has been months trying to unfuck the "dormant 401k with 0 dollars" bullshit. Thinking about just opening it at TD. Thoughts?
 
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Furry

Furry

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Arden said:
Yeah, I mean I've said it before- that's why this board is a good resource for info. The fact that this is gaming board and NOT a fin board insulates it in some ways from the bullshit. I searched a lot of boards from Reddit to Stockwits, I scoured twitter, and I couldn't find a single negative take on that news. Most of the stuff I found was super bullish. At worst, the takes were neutral (the news won't affect the stock type of stuff). You were the only one who had a neg take on the news and right now it looks like you saved me hundreds of dollars (thanks btw).

Disinformation is such a huge issue these days. It's always been a concern, but it seems like the GME stuff showed how much social media can impact retail investing, and people are now making stock manipulation through social media disinformation a science. Finding a place where you can trust the info you are getting is priceless.
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It's also important to realize that the herd follows information even if its bad, so sometimes you can make money on it, it's up to you what your tolerance of risk is. If you follow a very risky strategy, you might win big sometimes, but in the end you'll probably lose out and be stuck holding something really bad.
 
Tmac

Tmac

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Sanrith Descartes said:
Notable open interest changes for February 19th (TheFlyOnTheWall)
THE FLY 8:55 AM ET 2/19/2021
Symbol Last Price Change
PLTR 25.17down 0 (0%)
AAPL 129.71down 0 (0%)
AMC 5.51up 0 (0%)
QUOTES AS OF 04:10:00 PM ET 02/18/2021
Thursday's total option volume of 39.0 million contracts resulted in net open interest growth of 4.87 million calls and 3.95 million puts. Palantir Technologies(PLTR) , Apple(AAPL) , AMC Entertainment(AMC) and NIO (NIO) saw the greatest growth. Top five new positions opened include 25k Extended Stay America (STAY) Mar-21 14 puts, 25k Extended Stay America (STAY) Mar-21 17 calls, 25k Palantir Technologies(PLTR) May-21 30 calls, 24k Apple(AAPL) Apr-21 127.5 puts and 24k Apple(AAPL) Apr-21 127.5 calls.

Somebody knows something. Or thinks they do.


View attachment 336100
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Is that 42,615 calls at a $30 strike??? So, what, 42,615,000 shares?
 
Tmac

Tmac

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Furry said:
It's also important to realize that the herd follows information even if its bad, so sometimes you can make money on it, it's up to you what your tolerance of risk is. If you follow a very risky strategy, you might win big sometimes, but in the end you'll probably lose out and be stuck holding something really bad.
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Like writing puts when everyone is bullish?
 
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Fogel

Fogel

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New ETF for streaming services. They've been on fire and probably will continue to be so. I'll look into this more myself

 
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Jysin

Jysin

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My trading circles say it's bullish on the fact ARK invest massively bought the dip.

PALANTIR TECHNOLOGIES INC-A PLTR 69608A108 4,136,461

Palantir Technologies (PLTR) Stock Price and News: Shares rally as ARK buys more​

NEWS | 2/18/2021 2:35:00 PM GMT | By Ivan Brian

  • PLTR shares continue to be bought by ARK Invest.
  • Palantir results disappointed but ARK has been buying.
  • ARK Invest bought 5.2 million shares on Thursday.
Update: Palantir shares rallied strongly on Friday as ARK Invest posted that it had bought over five million shares on Thursday in Palantir (PLTR). ARK Invest had announced on Tuesday that they had bought one and a half million shares. ARK Invest's Cathie wood had spoken on Wednesday about Palantir saying not a short term play but liked it for the long term.
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