Investing General Discussion

Getting out of AMC, held long enough. The price keeps rising during the time the transaction has been sitting there pending, too. I'm putting that into Tesla or BTC, enough meme stocks for me.

Keeping GME but it seems to be stalling out, so I don't know how much longer I'll stick with it. Maybe Monday or Tuesday.

BB turned out to pretty much be a waste, don't think it's gotten above 80% of my buy-in since then.

Lordstown is a long-term one I feel good about, since they're waiting on patents and will start rolling out electric pickup prototypes in March.

Edit: I've got BTC, TSLA, and WWE on other platforms. Funny thing is the biggest gainer has actually been WWE this week, the one I cared the least about. All in all I gained about $100 in BTC and a small amount in AMC while likely losing similar amounts in GME and BB for a net total of...about break even. Well, could be a lot worse for a first week buying stocks.

Alright friends, the end is approaching for the free AMC Bux $1000 giveaway. If you would like to enter, please send me a PM (don't make a post asking to enter as it'll spam the thread and I can't track it.)

I'm on California time, so it's only noon here, and I've still got a few hours left in my work-from-home day. I won't get around to actually doing the lotto for a handful more hours. Then I've gotta poke around a bit and see what kind of site to use to pick someone and make it equitable and public.

I'd most likely want to use Venmo to pay if you have it, but if you don't we can discuss some other way.

Here's the list of names so far, and I will double check my PMs throughout the coming hours to make sure I didn't miss anyone or add anyone new.


Please watch this instructional video:


First prize wins a thousand dollars, as stated. Second prize gets a punch in the head. Due to COVID restrictions you will have to punch yourself in the head (honor system,) or have a friend or trusted bubble partner do so.

Also either RH made a mistake or theyre limiting more than meme stocks, theyve limited people to 1 share of AMD;

IF you really want to keep playing GME/AMC here is how I suggest doing it. AMC earnings is on 2/25. Play the 2/19 options expiry. Sell the $2 puts. They aren't going bankrupt in 3 weeks (I dont believe). Write the $2 strike puts for 11 cents. $1000 to cover will make you $55 in premium. As long as they end on 2/19 at $1.90 share price you make money. $2 share price should be safe. the $1 strike makes you $40 premium per thousand and is basically all but bulletproof unless they go bankrupt. Just change the numbers for more or less than a 1k cash to cover. 10k cash to cover gets you $550 premium or $400 premium.

You will see some ugly paper losses as the stock comes back down to earth. But thats the fun of writing puts. As long as the stock price ends 1 penny above the strike you are declared the winner.

Jackie Treehorn said:

Alright friends, the end is approaching for the free AMC Bux $1000 giveaway. If you would like to enter, please send me a PM (don't make a post asking to enter as it'll spam the thread and I can't track it.)

I'm on California time, so it's only noon here, and I've still got a few hours left in my work-from-home day. I won't get around to actually doing the lotto for a handful more hours. Then I've gotta poke around a bit and see what kind of site to use to pick someone and make it equitable and public.

I'd most likely want to use Venmo to pay if you have it, but if you don't we can discuss some other way.

Here's the list of names so far, and I will double check my PMs throughout the coming hours to make sure I didn't miss anyone or add anyone new.

Spoiler

1. Caligula_The_Cat
2. Locnar
3. Omayga
4. TJT
5. Daly
6. Borzak
7. Tarrant
8. Moogalak
9. Aevian
10. zzeris
11. grumblethorn
12. Sanrith Descartes
13. Threelions
14. Bobbybick
15. Dandai
16. Downhammer
17. Indyocracy
18. WorryPlaysGames
19. Jysin
20. Aeristies
21. TheBeagle
22. Armadon
23. Ossoi
24. bigolas
25. Cupcaek
26. Pogi.G
27. Araysar
28. Hateyou
29. Denamian
30. Gask
31. Araxen
32. porkchop sandwiches
33. swayze22
34. Uber Uberest
35. Kayak
36. Daezuel
37. Drinsic
38. Kiki
39. fred sanford
40. elidib
41. AladainAF
42. Nester
43. Big Phoenix
44. Tarrant
45. Edaw
46. Airisch
47. fris
48. Rais

Please watch this instructional video:


First prize wins a thousand dollars, as stated. Second prize gets a punch in the head. Due to COVID restrictions you will have to punch yourself in the head (honor system,) or have a friend or trusted bubble partner do so.

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Some of those fuckers are just moochers who parachuted in here for the free money. They are just like hedge funds. I say fuck em

Big Phoenix said:

Also either RH made a mistake or theyre limiting more than meme stocks, theyve limited people to 1 share of AMD;

View attachment 331929

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nobody needs to own that anyways

Bobbybick said:

View attachment 331932

RH restricted trades just a little bit more.

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IPOE is a Chamath SPAC. WTF? GM? General Fucking Motors? HAHAHA

Falstaff said:

How many times does Tarrant get to enter? Is this mod privilege?

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Dont sweat it. I submitted my name via a Dominion machine. I have this one in the bag.