Investing General Discussion

Tmac

Tmac

Adventurer
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Burnem Wizfyre said:
Wait until this shit falls again and balances out and buy, those stimulus checks are going to hit and this is going to happen again it’s the entire reason I even bought the stock to begin with and was waiting for that. Wait for it to fall and level out then wait, I’m going to do another 100 shares once the shit calms down before what I hope is another frenzy due to stimulus.
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Yeah I may follow suit as well.
 
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Fogel

Fogel

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

Loser Araysar

Chief Russia Correspondent / Stock Pals CEO
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Burnem Wizfyre said:
Wait until this shit falls again and balances out and buy, those stimulus checks are going to hit and this is going to happen again it’s the entire reason I even bought the stock to begin with and was waiting for that. Wait for it to fall and level out then wait, I’m going to do another 100 shares once the shit calms down before what I hope is another frenzy due to stimulus.
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im definitely buying some once it bottoms out, with 2 trillion on the horizon this shit will repeat once more for sure
 
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Burnem Wizfyre

Burnem Wizfyre

Log Wizard
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Araysar said:
im definitely buying some once it bottoms out, with 2 trillion on the horizon this shit will repeat once more for sure
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Remember in the politics thread when I called this as soon as the stimulus passed? I decided to buy more because my wife called me a pussy and told me to risk more than just the amount of the coming stimulus if I truly believed what I was saying. God I love that crazy bitch.
 
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Araysar

Loser Araysar

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when i said bottom out, i meant $50 like 2 weeks ago, not $250

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Sanrith Descartes

Sanrith Descartes

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My only issue with GME/AMC is how they influence the other meme stocks/SPACs. When GME crashed it took put shit like CCIV, PSTH etc with it.
 
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Dr.Retarded

Dr.Retarded

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I'm no wizard of the stock market, but is there any rhyme or reason as to why GME is doing this? I'm assuming there's no way to predict this at all other than trying to follow the cacophony of social media / Reddit / etc, and even then that's not going to tell you anything.

Is it possible that the big players are now manipulating the market enough to get people to dump money into the meme stocks to inevitably reap a bountiful harvest? I've been trying to learn more over the past couple of months like a lot of new people, and none of this makes any sense. Is it just pure speculation at this point?

Just wondering what some of you more experienced folks think about this situation. Has there been anything like this in the past 50 years?
 
Fogel

Fogel

Mr. Poopybutthole
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Dr.Retarded said:
I'm no wizard of the stock market, but is there any rhyme or reason as to why GME is doing this? I'm assuming there's no way to predict this at all other than trying to follow the cacophony of social media / Reddit / etc, and even then that's not going to tell you anything.

Is it possible that the big players are now manipulating the market enough to get people to dump money into the meme stocks to inevitably reap a bountiful harvest? I've been trying to learn more over the past couple of months like a lot of new people, and none of this makes any sense. Is it just pure speculation at this point?

Just wondering what some of you more experienced folks think about this situation. Has there been anything like this in the past 50 years?
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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
 
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Jysin

Jysin

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While it has been fun pointing at the WSB / Social Media crowd, the data has shown the vast majority of the GME volume has been from institutional trades. Even back in January.

Hedgies waging war on other short hedgies, while the media lapped up the story of the "little guy sticking it to the man" for views.
 
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Jysin

Jysin

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Completely different. Volatility halts happen pretty much every day. Price swings too much (10%) in one direction or another too quickly and the exchanges trigger automatic volatility halts that usually last 5mins. Robinhood likely just trying to make sure a bunch of trading retards don't go mental on the broker, when it has nothing to do with them.
 
Fogel

Fogel

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We didn't have a sell off after yesterday's rally so that's a good sign. Would have liked a better reaction to the stimulus approval but you could say it was a forgone conclusion and already priced in, or we can still see a reaction in the coming days.
 
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