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#141 |
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![]() closed all AMD puts on open for +60%, opened KO/PEP, closed all WMT positions, added some NOK/TM commons
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#142 |
Nope
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Location: London, ON
Age: 29
Posts: 3,772
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![]() GME
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#143 |
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cool to see a VW style squeeze happen, it's actually not just GME, if you notice around 12pm a bunch of heavily shorted stocks went up at the same time - it was most likely a short fund (or a few of them) getting liquidated and being forced to close their positions at the same time
some examples include GME, BBBY, PLTR, AMC to name a few - their charts and volume profile look almost identical today
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#144 | |
Nope
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Location: London, ON
Age: 29
Posts: 3,772
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I know these things are very rare, but I don't see myself every taking the risk and taking a short position on anything haha Last edited by Poison-; 01-22-2021 at 05:40 PM.. |
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#145 |
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![]() i still refuse to touch memes
GME 60c 0DTE was 0.02 at the low and was like 12.5 at the peak lmao.. 50000% gains
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#146 |
FFR Simfile Author
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I was considering buying into ETH last week lmao, didn't in the end
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#147 | |
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honestly as much as i hate missing out on moon meme missions.. it's really hard to actually sit down and go "yeah i'm going to put 50% of my entire portfolio into this meme" like, what if it tanks? it takes a 200% gain to come back from a 50% loss, 300% from a 66% loss, etc..
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#148 | |
FFR Simfile Author
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#149 |
Confirmed Heartbreaker
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Age: 35
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![]() Big gains with cciv and clii. Didn't invest much but I made some money on them
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#150 | |
Dark Chancellor
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![]() +60% on my chinese stocks this month, renewables went up this week as well despite concerns about Canadian energy. Index equity doing decent
Quote:
I'm still losing on my gold stocks I'm wondering if I should just cut my losses at this point.
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#151 | |
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or put that gold stock money into new tech like ROKU or something
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#152 |
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SPACs have been doing great in this meme market, i should get some at 10-11..
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#153 |
Banned
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Posts: 194
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![]() Stocks always felt like shuffling money around to me and at best you get lucky or personally enjoy the craft of calculation for a decent return but I would think covid has been no exception to negative results...
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#154 |
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it is in a way shuffling money around. but you want to take the money from the pockets of the impatient, into your pocket
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#155 | |
Signature Extraordinare~~
Song Submission & Events Manager
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#156 |
Banned
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Posts: 194
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You know actually that's a pretty good way of putting it, a testament to that explanation might be someone like me who tries it out and discovers they don't like it at which point my money becomes patient people's money xD gotta be in it for the long haul then
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#157 |
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big balls to put a big chunk of their net liquidity into a play like that lol
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#158 |
FFR Originalbro
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Location: Kansas City, Missouri
Age: 33
Posts: 8,750
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![]() I've officially gotten back to the break even point on my Macys stock, that after the shutdown was down 70% at one point. Happy day. Probably selling
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#159 |
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smart move.
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#160 |
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![]() up 12% on my NOK commons
up 16% on KO/PEP leaps down a bit on TM commons, don't care no meme positions, don't care if market crashes comfy
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