Investing General Discussion

Ravishing · Jun 10, 2021

Break said:
Is AMC now a yester-meme? I was optimistic it would go to 100 (for no good reason) but at this point because I bought in so late I'm almost back to my cost. It's down to $44.50 and has just been seeing a slow burn since 60'ish.

Anything's possible, but it's certainly a huge gamble.
I won't buy AMC at these prices

Furry · Jun 10, 2021

Break said:
Is AMC now a yester-meme? I was optimistic it would go to 100 (for no good reason) but at this point because I bought in so late I'm almost back to my cost. It's down to $44.50 and has just been seeing a slow burn since 60'ish.

AMC closing around 30-40 would probably maximize hedge firm profit on all the calls and puts they sold. The premiums were mega.

Sanrith Descartes · Jun 10, 2021

NFLX

BRIEF-Netflix Launches Netflix.Shop
* NETFLIX SAYS LAUNCHING NETFLIX.SHOP; SAYS NETFLIX.SHOP WILL DROP EXCLUSIVE LIMITED EDITIONS OF APPAREL, LIFESTYLE PRODUCTS TIED TO CO'S SHOWS, BRAND Further company coverage:

Fogel · Jun 10, 2021

Would be curious to see what the over all volume is today, market seems like it's been asleep since 10:30. All my meme calls are down but all my bios are green.

Sanrith Descartes · Jun 10, 2021

Fogel said:
Would be curious to see what the over all volume is today, market seems like it's been asleep since 10:30. All my meme calls are down but all my bios are green.

Volume is light. Get ready for the rug pull at 3:51

Kiroy · Jun 10, 2021

Sanrith Descartes said:
NFLX

BRIEF-Netflix Launches Netflix.Shop
* NETFLIX SAYS LAUNCHING NETFLIX.SHOP; SAYS NETFLIX.SHOP WILL DROP EXCLUSIVE LIMITED EDITIONS OF APPAREL, LIFESTYLE PRODUCTS TIED TO CO'S SHOWS, BRAND Further company coverage:

lol wat

screams desperation

Khane · Jun 10, 2021

Surprised it took them that long. They have a lot of studio content, and it's not like merchandising is out of the ordinary for studios.

Fogel · Jun 10, 2021

Sanrith Descartes said:
Volume is light. Get ready for the rug pull at 3:51

View attachment 357803

Why you think there's going to be a rug pull? CPI data didn't tank the market and treasury rates dipping under 1.5%, and it's not Friday either

Sanrith Descartes · Jun 10, 2021

Fogel said:
Why you think there's going to be a rug pull? CPI data didn't tank the market and treasury rates dipping under 1.5%, and it's not Friday either

Lower liquidity days tend to beget a sell off around 3:51.

Sanrith Descartes · Jun 10, 2021

MSFT vs AAPL year to date. +21% returns.

Tmac · Jun 10, 2021

Wowsers. Boomer stocks go BRRRRRRR.

Fogel · Jun 10, 2021

Brutal day for GME and AMC, both down over 15%

Sanrith Descartes · Jun 10, 2021

Fogel said:
Brutal day for GME and AMC, both down over 15%

All that money going in to MSFT had to come from somewhere.

Blazin · Jun 10, 2021

Sanrith Descartes said:
Its almost as if printing Trillions of dollars out of thin air is inflationary. And the FED lying to us and telling us "nope, no inflation here". #FuckTheFED

Not defending the Fed but their stance is not that there is no inflation but that it is temporary and won't be persistent. You won't even get the first chance to say "hah wrong!" until this time next year at the earliest.

Sanrith Descartes · Jun 10, 2021

Blazin said:
Not defending the Fed but their stance is not that there is no inflation but that it is temporary and won't be persistent. You won't even get the first chance to say "hah wrong!" until this time next year at the earliest.

Yeah but that is my point. They know the shit isn't "transitory" they are just saying that because it cant be instantly disproven unlike them coming out and saying "nope, no inflation".

Sanrith Descartes · Jun 10, 2021

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Sanrith Descartes · Jun 10, 2021

Looks like I was wrong on the fade into the close today.

Furry · Jun 10, 2021

Sanrith Descartes said:
Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Obviously they got hazed before, but do we have any source on this? From what I can see from their reports they are divested of any GME ownership. Just want to know if I'm missing something or this is just more hyping things up so reddit bag-holders can try to recover to their 450 buy-ins.

Sanrith Descartes · Jun 10, 2021

Furry said:
Obviously they got hazed before, but do we have any source on this? From what I can see from their reports they are divested of any GME ownership. Just want to know if I'm missing something or this is just more hyping things up so reddit bag-holders can try to recover to their 450 buy-ins.

It's ZH,si who knows for sure. Their data is is usually pretty good its just the spin you need to navigate.

Fogel · Jun 10, 2021

Interesting article after Monday's Biogen approval and subsequent stock spike. FDA approved after advisory committee voted 10 to 1 that there wasn't enough evidence the drug helped with cognitive decline

Third member of FDA expert committee resigns over controversial Alzheimer's therapy decision

Aaron Kesselheim wrote that the approval of Biogen’s Aduhelm “was probably the worst drug approval decision in recent U.S. history.”

www.statnews.com

Investing General Discussion

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