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Maroon Eagle

Well-known member
May 24, 2006
16,531
5,544
102
We had a good poster?

past tense

Geez. I didn’t know…

Pour One Out 40 Oz GIF by MOODMAN
 

JDawg13

Member
Dec 10, 2018
95
205
33
I couldn't resist the urge and bought in today. Only 15 shares so not taking too big of a risk
 

jethreauxdawg

Well-known member
Dec 20, 2010
8,665
8,085
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

Well-known member
Sep 18, 2004
11,087
5,168
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

Well-known member
Aug 22, 2008
6,497
1,479
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

Well-known member
Jun 4, 2007
5,491
1,088
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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Jul 31, 2020
27
45
13
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.
 
Jul 31, 2020
27
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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

Well-known member
Sep 9, 2012
7,789
6,528
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

Well-known member
Dec 20, 2010
8,665
8,085
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
 

Dawgg

Well-known member
Sep 9, 2012
7,789
6,528
113
Guilty. I'm not great at investing in stocks. It gives me too much anxiety. I have an old rollover IRA that I play around with, so it's all kind of house money, but every time I throw even a little bit into a risky situation, my brain releases way too much cortisol for me to enjoy it.
 

BoDawg.sixpack

Well-known member
Feb 5, 2010
4,384
1,455
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

Well-known member
Feb 12, 2004
9,803
2,526
113
Looks like a mass sell off this morning. Trading halted 4 times already.
 
Jul 31, 2020
27
45
13
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.
 
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