He already cashed out options valued in the millions. He started with $50,000. He is living the dream all active investors have.Hope this proud ape smartens up, lest his diamond hands turn to cubic zirconia.
He already cashed out options valued in the millions. He started with $50,000. He is living the dream all active investors have.Hope this proud ape smartens up, lest his diamond hands turn to cubic zirconia.
FIFYHe already cashed out options valued in the millions. He started with $50,000. He is living the dream all active gamblers have.
He already cashed out options valued in the millions. He started with $50,000. He is living the dream all active investors have.
And it's not like Biden going all in on EVs came out of the blue. He's been talking about it since he launched his campaign.https://www.washingtontimes.com/news/2021/jan/29/nancy-pelosis-big-tesla-stock-buy-raises-ethics-qu
So which is it?
I'm not a fan of Pelosi but let's get the facts straight. Personally I think all members of Congress and their immediate families should be banned from buying individual stocks and be limited to index funds only. Both Democrats and Republicans made money getting early info on Covid last year.
Hope this proud ape smartens up, lest his diamond hands turn to cubic zirconia.
I’m going to call BS on this. He is just trying to get the SEC or DoJ off his pump and dump. How much did he cash in already and what was his basis?Hope this proud ape smartens up, lest his diamond hands turn to cubic zirconia.
You don’t think 2.8 million people could trade that? Reddit’s Wall Street Bets has 8 million people registered. 20% of them could easily trade that volume.
No but the reason GME and AMC went down is because they are still restricting buys. If you limit the buy side but have unlimited sell side, stock has only one place to go. I don’t care I will buy in again GME at a lower price.You mean do I think roughly 35% of their subscribers would be willing to take a loss to stick it to "the man" ?
No.
weather gambling or investing the guy invested 50k and cashed out millions even with his $13 million loss.FIFY
So the customer is not buying directly off the market? What is this contra party thing? And why are the shares short?Because they need to maintain minimum reserves before a contra party will lend them shares to give to their customers to sell short. Anyone can call themselves a broker and cross their own internal orders and call it "after hours". But when they need to settle all those trades, they have to follow the same laws all the other players have to follow.
He blamed RH. Only if they allowed him to buy more, he would’ve lost a cool million.Just saw on Bloomberg that Portnoy tweeted that he had "officially sold all my meme stocks. I lost 700K ish".
Samy Char, chief economist at Banque Lombard. "The markets can be very irrational in the short term, but at some point we do believe that in the medium to long term, the market gets back to trading closer to the fundamentals. If these stocks are in the end not companies that will generate a viable quality trend of profits, then investors that want to buy them at some point will shrink." Exactly
BTC over 36K, ETH still over 1500. HIVE and ARGO up nicely! Been researching Galaxy Digital and will likely add soon (which will replace BLOK). Decided BLOK is a great reference tool to see what they are buying, but won't generate enough growth for this portfolio. LOL.So the customer is not buying directly off the market? What is this contra party thing? And why are the shares short?
Or are you just talking stocks that are lent for the purpose of shorting? In which case I'd ask why not just limit the shorting of stocks while allowing typical buying?
APHA up 17% today. TLRY up 22%.For those interested in risk arbitrage, I would look into purchasing APHA. APHA and TLRY are in agreement to merge at an unspecified date (maybe April or May of 2021). 1 share of APHA will convert to ~0.84 shares of TLRY. At the close today APHA was trading at $14.74 and TLRY at $23.49. APHA trades at a $6 discount. That is wide. APHA can go up to catch up to TLRY; TLRY could go down; both go down, with TLRY going down faster than APHA. Merger could also get cancelled, although there are a lot of cannabis stocks out there. My guess (only my personal guess) is that APHA will go up. I would buy APHA.
HIVE was the biggest winner amongst the miners in my crypto portfolio today. Only have a tiny position there but have to give credit to you on that one.BTC over 36K, ETH still over 1500. HIVE and ARGO nicely up! Been researching Galaxy Digital and will likely add soon (which will replace BLOK). Decided BLOK is a great reference tool to see what they are buying, but won't generate enough growth for this portfolio. LOL.
So, I will be going to crypto war with:
GBTC - 45%
ETHE - 40%
HIVE - 5%
Argo - 5%
Galaxy - 5%
PLL is the lithium company that hooked up with TSLA in Sept and is up more then 5x since, I felt I was too late in the $20's, it's now in the 50's. Still pre rev's, but with the TLSA deal that will certainly be moving in the right direction. Still a sub Billion dollar market cap.OK, then keep an eye on PLL, GPRO and XONE. My guru that I follow recommended these and all have been very profitable for me. GPRO reports earnings Thursday after hours.
HIVE was the biggest winner amongst the miners in my crypto portfolio today. Only have a tiny position there but have to give credit to you on that one.
Unlike the smaller companies, the big Pharma's have not traded at all with positive vaccination news. I guess the thought is this barely moves the revenue needle for the likes of PFE, while for someone like MRNA, their rev's are going from 60 million in 2019 to 10.5 billion in 2021. PFE's rev's have been and are projected to remain flat.Yet Pfizer is down for the day.
OTC factor?![]()
I really like HIVE because their financials look better than RIOT and MARA and they are mining a lot of ETH as well. I don't know why they didn't pop to $20 like RIOT and MARA. Perhaps because they are a Canadian company and investors just saw the others as easy choices. I don't think they did their HW. It was just a knee-jerk buy everything crypto at that time.
+1The big Pharma's have not traded at all with positive vaccination news. Unlike the small pharma's such as MRNA. I guess the thought is this barely moves the revenue needle for the likes of PFE, while for someone like MRNA, their rev's are going from 60 million in 2019 to 10.5 billion in 2021. PFE's rev's have been and are projected to remain flat.
I assume so. Same with Argo, even though their financials have only recently started to pop. But once they get rolling, I'm sure it will be fun.OTC factor?
To keep it real, he's a trader, and it sound like a good one.FIFY
He needs to make one more tweet about BTC and ETH before taking a break!Musk is off Twitter. No surprise here.
I just bought XONE @28. I think it is going higher. A spac just bought a 3D private print co. With not as good of product line up as xone for $1.8 billion. Xones valuation is only $600 million. Plenty of upside left in an industry that is still in its infancy.PLL is the lithium company that hooked up with TSLA in Sept and is up more then 5x since, I felt I was too late in the $20's, it's now in the 50's. Still pre rev's, but with the TLSA deal that will certainly be moving in the right direction. Still a sub Billion dollar market cap.
When looking at these pre rev company's in these sectors that are set for huge growth, it's smart to be in on one that has a contract in place with an industry leader.
Have to check into the other 2.
Edit: GoPro? I don't know, are they making anything new? Cause I feel the first gopro movement is over.
Would have been nice if you would have given us a heads up on XONE in early Jan when it was $10. Currently up around $33.
XONE is part of the ARKQ portfolio. I'm sure they are predicting plenty of growth for it.I just bought XONE @28. I think it is going higher. A spac just bought a 3D private print co. With not as good of product line up as xone for $1.8 billion. Xones valuation is only $600 million. Plenty of upside left in an industry that is still in its infancy.
Also part of ARKK and where I got the idea from.XONE is part of the ARKQ portfolio. I'm sure they are predicting plenty of growth for it.
I bought XONE a few months ago at 16, still own it. I agree it’s got a lot of growth left in it. I also had DDD at 12, sold it at 9 due to my impatience. It’s now at 39 over the same time periodI just bought XONE @28. I think it is going higher. A spac just bought a 3D private print co. With not as good of product line up as xone for $1.8 billion. Xones valuation is only $600 million. Plenty of upside left in an industry that is still in its infancy.
Well it's already at $34 so you're doing all right.I just bought XONE @28. I think it is going higher. A spac just bought a 3D private print co. With not as good of product line up as xone for $1.8 billion. Xones valuation is only $600 million. Plenty of upside left in an industry that is still in its infancy.
In at 1.06. It looks like it caught some of the sell off from people thinking it was just a squeeze play. Definitely has some potential to run.Keep an eye on SNDL up 100% since Thursday, pulled back yesterday on news of issuance of new stock, but it has bounced right back.
Think it was one of the stocks the RH restricted last week.
Small cannabis company that did not partake in the cannabis run in 2020.
Elon Musk-ish in terms of being able to move the market just by mentioning it. Or, Cathie Wood.I bet many of the Reddit crew have never heard of Blodget. Guy was a semi-celeb back in the day.