Old 01-22-2021, 04:10 PM   #141
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Default Re: Stock Market Chit Chat

closed all AMD puts on open for +60%, opened KO/PEP, closed all WMT positions, added some NOK/TM commons
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Old 01-22-2021, 05:06 PM   #142
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GME
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Old 01-22-2021, 05:14 PM   #143
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GME
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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Old 01-22-2021, 05:39 PM   #144
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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
I did notice that with AMC, but didn't see the it happened with the others too.

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

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Old 01-22-2021, 06:00 PM   #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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Old 01-22-2021, 06:43 PM   #146
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i still refuse to touch memes
I was considering buying into ETH last week lmao, didn't in the end
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Old 01-22-2021, 06:57 PM   #147
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I was considering buying into ETH last week lmao, didn't in the end
and it's 1225 as we speak

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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Old 01-22-2021, 07:03 PM   #148
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and it's 1225 as we speak

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..
Yeaah. The other thing is that it's also relatively hard to know when to call it quits with those. With something more "traditional" you can kind of gauge what a reasonable upside would be and when to take profits/losses. With this shit you're just like "lmao wonder what will happen tomorrow"
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Old 01-22-2021, 08:50 PM   #149
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Default Re: Stock Market Chit Chat

Big gains with cciv and clii. Didn't invest much but I made some money on them
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Old 01-23-2021, 03:52 AM   #150
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Default Re: Stock Market Chit Chat

+60% on my chinese stocks this month, renewables went up this week as well despite concerns about Canadian energy. Index equity doing decent

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I was considering buying into ETH last week lmao, didn't in the end
I decided to be an edgelord and invest 40 stocks into a blockchain company that mainly mines ETH lmao. This is my meme pick

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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Old 01-23-2021, 04:49 AM   #151
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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



I decided to be an edgelord and invest 40 stocks into a blockchain company that mainly mines ETH lmao. This is my meme pick

I'm still losing on my gold stocks I'm wondering if I should just cut my losses at this point.
honestly in this market precious metals are so manipulated, it's better to just get gold miners instead of the actual gold stock

or put that gold stock money into new tech like ROKU or something
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Old 01-23-2021, 04:50 AM   #152
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Big gains with cciv and clii. Didn't invest much but I made some money on them
SPACs have been doing great in this meme market, i should get some at 10-11..
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Old 01-23-2021, 10:10 AM   #153
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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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Old 01-23-2021, 11:23 AM   #154
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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...
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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Old 01-23-2021, 02:09 PM   #155
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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
50k over 17 months clocked in yesterday. Been an absolute ride to watch the madlad over at /r/wallstreetbets

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Old 01-23-2021, 02:31 PM   #156
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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
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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Old 01-23-2021, 02:43 PM   #157
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50k over 17 months clocked in yesterday. Been an absolute ride to watch the madlad over at /r/wallstreetbets

big balls to put a big chunk of their net liquidity into a play like that lol
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Old 01-25-2021, 11:00 AM   #158
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Default Re: Stock Market Chit Chat

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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Old 01-25-2021, 02:13 PM   #159
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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
smart move.
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Old 01-25-2021, 02:28 PM   #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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