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There was the volkswagon short squeeze, other than that, short squeezes happen a lot, just not at this level. Most of us aren't touching this with a 10 foot pole

SEC still not showing any love for spacs, but I'm sure there's a grain of truth here. Anytime there's a big influx of something new and profitable it's inevitably followed by grifters

Think I found the Chad Spac, thisguyfucks.gif

AMC followed suit, went from 12 to 9 at the exact same time. Back up to 10.50 already though

It's probably made somewhere else and reconstituted on site, that's how its so cheap

Bought some more TSM since it didn't go up on yesterday's big Nasdaq push and dipped a little more today.

There are now over 500 active spacs, I don't think they even broke 300 last year. Supply has literally doubled in a couple months

There are also no classes in school that go over the importance of 401k's, Ira's, savings plans, etc. Though I guess there's an incentive to have a section of the population that are dumb consumers constantly keeping the money flowing back to the corporations while feeding off of debt that goes...

That's the government though so it's okay, they cheat and scam the legal way.

Glad to see they didn't learn from 2009 and continue to repackage and resell shitty loans thinking they can just keep kicking the can down the road forever. They should teach in finance school that eventually Ponzi schemes do go bust, it's the defining feature of a Ponzi scheme after all. Edit...

I have some PLTR 22 Mar 19 puts I'm up big on already. With the way this thing is holding the 22 support I'll keep milking these 22 puts for as long as I can. Key is to sell them when PLTR has a big dip.

Well Nasdaq did technically entire correction territory. Don't forget last week we also had a 3% up day followed by a lot of red.

I think even if deals are made they're not getting the pops they used to get, so it's just not a matter of if they make a deal or not, its what happens after. There's been more duds than pops lately and I think that trend will continue.

The market rotation combined with the massive increase of new spacs have been a one two punch to spacs in general. They're going to need a cool off period as there was just way too much supply added on top of a decrease in demand.

Even if you bought QQQ at it's high just before Covid after this correction you'd still be up 32%

Nasdaq down 2.4% and I completely broke even for the day On a serious note, bought some TSM today when it hit 6% down. Will buy more if it continues to dip.

Alright if you guys are going to keep posting about the foxy boxing shit at least post some pics of what you're investing in!

ftfy

What kind of crazy market stuff could possibly happen!?

Give me your hypothetical if the gods fail you!

What do you plan on doing with your VLDR? I'm looking at Apr calls and trying to decide on a strike, the 22.5 at .40 looks pretty good

Bought a little bit of KMPH, BCRX, and ASML, will average down more if they continue to dip. These are longish not swings/day trades

I finally had a good run with the sword, got the hammer upgrade that changes your attack combo to a single big chop, then got the 200% backstab bonus, was chunking Hades from behind for over 500+ a pop

There were only 2 stocks left under 1$ We should do like a dogs of dow and buy each one

I just sold a bunch of spacs that weren't really moving before this and probably weren't going to move much after this to free up some cash for the inevitable buy back in.

Draw me like your french charts

TSM and ASML starting to look sexy as hell. I brought them up earlier since semiconductors are heating up. They're both nearing their 100 MA. Just saw a report the senate is looking at a 30 billion dollar domestic semiconductor bill

S&P is almost where it was when it closed on 12/31 making us almsot negative for 2021, to put things in perspective.

I got out at around 14 end of day, didn't like the way it was trending down all day + the overall market. Still waiting to see which way the market is going before buying back in

I'm trying something different, bought calls for august 12.50 on this one.

Sold my KMPH, will probably buy back in if it gets back to around or under 10 as I think it can go back up either on the short interest or a potential buy out. BCRX is another bio play I want to buy in as they have a big data announcement on 3/22 but who knows with either of these in current...

I love the bow once you can unlock the 2nd aspect that turns your special into a burst of seeking arrows after you tag the target with your attack. Pair that with the hammer upgrade that removes the charge up for the main attack and it's even better.

At this point I'm down to mostly spacs that have dropped to NAV lol

Sounds like what I would do, and good news is SPY and QQQ is on discount right now!

Would have had better luck if you bought it after my post on Friday for 9.50. Need to get bio's before the FDA announcements

Maybe your 401k subsidizes the expense ratio a bit, even then .40 is quite high. What other index's do they have available?

Is this extra after you contributed to your Roth for both years? If you're already maxed on your Roth then look into adding it to your 401k or HSA. If your Roth isn't maxed, I'd open an account with Fidelity and stick it in some flavor of FTEC/SPY/QQQ etc Index fund.

At my highest I had about 20 spacs with at least 1k in each, but with the higher saturation of new spacs I've been trimming down the amount of spacs and putting more in fewer high profile spacs like BTNB etc

Bold strategy cotton, that couldn't have ended in a very bad way