HODL 🚀 🌙

Maroon Eagle

All-American
May 24, 2006
17,620
7,243
102
We had a good poster?

past tense

Geez. I didn’t know…

Pour One Out 40 Oz GIF by MOODMAN
 

Pak Drescott

Senior
Dec 10, 2018
218
478
63
I couldn't resist the urge and bought in today. Only 15 shares so not taking too big of a risk
 

jethreauxdawg

Heisman
Dec 20, 2010
10,281
12,571
113
I couldn't resist the urge and bought in today. Only 15 shares so not taking too big of a risk
I wanted to, but I decided to not be dumb. “But if I set my sell for 5% more than my buy, it’s basically guaranteed money. In and out quick”. I said that last time. Lost 10%.
 

mcdawg22

All-American
Sep 18, 2004
12,539
8,963
113
1924 - A stock goes up because the value of a company seems to be increasing.
2023 - A stock goes up because a guy named Roaring Kitty gets back on Twitter.

Remind me next time someone tries to convince everyone that the Dow is an accurate barometer of the US Economy.
 

kired

All-Conference
Aug 22, 2008
6,837
2,051
113
1924 - A stock goes up because the value of a company seems to be increasing.
2023 - A stock goes up because a guy named Roaring Kitty gets back on Twitter.

Remind me next time someone tries to convince everyone that the Dow is an accurate barometer of the US Economy.
Damn dude, you missed a whole year
 
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615dawg

All-Conference
Jun 4, 2007
6,245
2,732
113
Unusual whales started tweeting about it on April 24. Right now, the entire options chain is ITM. Last time that happened, it skyrocketed.

Very tempting although I don’t see it going to $480 again. Let’s ride.
 
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JonJuanQuixote

Freshman
Jul 31, 2020
57
84
18
Unusual whales started tweeting about it on April 24. Right now, the entire options chain is ITM. Last time that happened, it skyrocketed.

Very tempting although I don’t see it going to $480 again. Let’s ride.
It would only have to make it to $120. There was a 4-for-1 stock split a couple years back. Hit $80 in premarket earlier this morning.
 

JonJuanQuixote

Freshman
Jul 31, 2020
57
84
18
Who is pushing it this time?
It looks like it's call options and high short interest just like last time. There's a whole financial services committee report on the first run up. Short interest was and has always been falsely reported. It was up to 226% last time (per the report); speculation is that short positions were still never closed.
 
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Dawgg

All-American
Sep 9, 2012
9,788
9,581
113
I jumped in on AMC at $6 and GME at $30 yesterday after hours.

I sold AMC today between $9 and $10 once it started dropping from its high of $11. I tried to get out of GME at $60, but I didn't execute in time. Now, it's sinking into the $50 range. I may hold onto it for a little while, but if it drops into the $40 range, I'll may drop out while I'm still ahead.
 

jethreauxdawg

Heisman
Dec 20, 2010
10,281
12,571
113
I jumped in on AMC at $6 and GME at $30 yesterday after hours.

I sold AMC today between $9 and $10 once it started dropping from its high of $11. I tried to get out of GME at $60, but I didn't execute in time. Now, it's sinking into the $50 range. I may hold onto it for a little while, but if it drops into the $40 range, I'll may drop out while I'm still ahead.
Chicken
 

BoDawg.sixpack

All-Conference
Feb 5, 2010
5,038
2,356
113
I'm sure folks made a killing and that's all well and good. It's better for the economy when speculative assets return a profit than when they fail to do so. One of the best bargains in stocks right now is AT&T with their 6% dividend and ultra low forward PE.
 

PBRME

All-Conference
Feb 12, 2004
10,488
3,764
113
Looks like a mass sell off this morning. Trading halted 4 times already.
 

JonJuanQuixote

Freshman
Jul 31, 2020
57
84
18
I'm still in. Been sitting on it for three years and adding more here and there when it dips down real low. At this point, I'm totally content to continue sitting on it for years longer and betting on a company turnaround. Gamestop has zero debt, $1 billion in cash, and has cut costs and managed to turn a profit last year on a "dying brick and mortar" business model. If they could invest some of that money and be successful in the digital gaming arena I think they'd be priced higher similar to tech stocks instead of being priced as a brick and mortar.