Originally posted by revo
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Official Stock Market Investing Thread
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Champagne for breakfast and a Sherman in my hand !
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The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
George Orwell, 1984
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Originally posted by The Feral Slasher View PostWhat was that book you recommended ?More American children die by gunfire in a year than on-duty police officers and active duty military.
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Originally posted by Bene Futuis View PostFor you, this one: https://www.amazon.com/gp/product/09...SIN=0962653144
#BOOM
Anyway, maybe you could just loan me your copy ?---------------------------------------------
Champagne for breakfast and a Sherman in my hand !
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The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
George Orwell, 1984
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Originally posted by Bene Futuis View PostThe power of Reddit to influence the market. Kinda scary. /r/WallStreetBets is a garbage subreddit.
And, in fact, you may even say they have created a monster that has taken advantage of an incredible loophole, which is using the power of their numbers to Short Squeeze. It's not just GME, it's SKT, TR, BBBY, BB, REV, virtually any company on the list of top shorted stocks.
Sometimes you have to ride the wave, as long as you know when to jump off.
BTW, Elon Musk tweeted about GME. After closing at 148, the stock shot up to 234 after hours!!!!!
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LOL...just saw this on the whole Game Stop issue - https://threads-web.vercel.app/threa...51035224694785I'm just here for the baseball.
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Originally posted by umjewman View PostFriend of mine is one of these finance guys, appears on CNBC a bunch. His twitter is pretty funny - he's like "keeping my eye on Blockbuster, Radio Shack and Circuit City for investment opportunities."
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My strategy of buying calls of the Top Shorted Stocks has paid off in spades as they find themselves at the mercy of the WallStreetBettors. Keep in mind I bought most of these last week. I bought GME & BB yesterday:
AMC: +435%
GME: +870%
REV: +169%
NOK: +174%
SKT: +765%
TR: +249%
SPCE: +95%
RKT: +28%
BB: +45%
FUBO: +48%
M: +107%
FCEL: +204%
PLAY: +37%
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Originally posted by revo View PostMy strategy of buying calls of the Top Shorted Stocks has paid off in spades as they find themselves at the mercy of the WallStreetBettors.I'm just here for the baseball.
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Originally posted by chancellor View PostYou've been there and know the market really well - how long before the Street launches a counter-attack against these guys?
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Originally posted by chancellor View PostYou've been there and know the market really well - how long before the Street launches a counter-attack against these guys?
I would also expect the SEC to start looking into restrictions. But that could take awhile.
Sold one of my GME calls for a nifty 900% one day profit. Still holding two.
Originally posted by joncarlos View PostAm I really missing out by not jumping in on this craziness before the ride ends? I feel like I should get in on this.
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At what point do the Puts become the attractive play? That’s what I want to know. Not to take the side of the shorts, but realistically, will the Reddit army hold the line & can this war last more than 90 days?2021 Auction Anatomy
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RotoJunkie Posts: 4,314
RotoJunkie Join Date: Jun 2001
Location: U.S.A.
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Originally posted by revo View PostWell, TDA already restricted trades in GME and AMC among others today.
Edit to add: And according to Chris Cillizza, you're a Trump supporter for cashing in on this Trumpist behavior or something.Last edited by chancellor; 01-27-2021, 08:02 PM.I'm just here for the baseball.
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