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TGokou

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Posts posted by TGokou

  1. I'm gonna give my opinion on the markets so far and how I feel the long-term outlook 'should' shape up. For the longest time I've been a big pessimist of the markets and I paid for it because I wasn't in the markets fully for a long time thinking they had run up too much. Even up to late August-September a lot of us were wondering why the markets had run up so much when it wasn't really warranted. One thing I learned through all of this is that it's all about the liquidity. The stock market doesn't really have any correlation to valuations. As long as there is tons of money flowing around the markets will continue to go up. Right now you have lots of free money being thrown around, people with tons of gains over the past year willing to plow it back into the market, new investors looking at getting into the stock market due to the recent run up hoping to cash in, and lots of people still sitting on the sidelines with all their cash waiting for that dip that never really happened and getting FOMO. Personally I don't see this party ending for at least a year or two with the intermittent 5-10% dips here and there which is to be expected. I am not afraid of any 30-40% corrections any time soon because the money supply is endless and credit is extremely cheap. Even with inflation going up the government is not going to increase rates any time soon so I almost see inflation starting to take over for a year before governments decide they need to step in. When they do, they will do it gradually and increase slowly which will still give time for the markets to adjust. Maybe after 2%-3% increase over 2-3 years will there finally be a massive correction.

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  2. 2 hours ago, themcdeal said:

    Just be aware of the macro environment. The bond market is a leading indicator and should be monitored closely during times like these. 

    Basically, three points I would emphasize 

     

    1 - Have stop losses in place b/c the market will crash

    2 - Whatever the fed says, there's no way around inflation

    3 - When the crash happens buy the &^@# out of Gold and Bitcoin 

    I do believe we are in the start of what could be a hyperinflationary environment. It's already happening with all commodities. Aside from bitcoin and gold I'll probably be investing in producers such as oil (which is already severely beat down but oil could hit $100 again..anything is possible). 

  3. On 2/7/2021 at 7:47 PM, nzan said:

    Hold up - you actually saw this in a dream?!

    Like you did all kinds of legit analysis and coupled it with personal prophecy?

    Wanna let me know the next similar dream you have? 

    LOL not even joking with you I really had that dream (after I had bought it). Who knew it was going to be a prophecy lol...

  4. On 06/02/2021 at 4:47 AM, Russ said:

    What exactly prompted you to buy a year ago?

    Similar to reasons already hashed out. For me it was several factors. I had heard that Dr. Michael Burry had invested (of The Big Short fame). I also saw typically a year before console release the stock would have a 4-6x jump (cyclical) from previous cycles. I took a look at the balance sheet and realized they generated a ton of cashflow and could easily pay off its debt if they chose to which meant they'd be able to survive until at least the console cycle started. I didn't care about their earnings because I expected it slow down prior to console release. I also saw they had decreased their share count by almost half which meant the probability of a short squeeze went up but more importantly from a fundamental view if they returned to 2018 revenue they'd generate about $4 net income which meant realistically it was probably a $20-30 company. The short squeeze was only part of the grand picture (I had a dream it would jump to $400+ over a year ago over the course of several days...funny how that worked out) but realistically I was looking for $30-50.

  5. 2 hours ago, Elias Pettersson said:

    So did anyone buy GME at $3 and sell at $400?  Asking for a friend.  My raise doesn't kick in until next year so just trying to make ends meet for now...  -_-

    I'm probably as close as they come at least on this board and you'll see my posts back in April if you search. Bought a lot at $4-6 but sold most of it on the way up. My big sells were at  $140 and $375.

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  6. 14 minutes ago, BoKnows said:

    Congrats man

    Thanks man. Lol the regulars here probably remember my original post on GME way back in early summer when vtiq and other stocks were becoming all the rage. Felt like I missed out on tons of gains because all my capital was invested into gme and it wasn't doing anything but I refused to sell. Was so sad because seemed like all you guys were making money hand over fist. I finally feel vindicated.

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  7. On 1/23/2021 at 7:51 PM, NucksPatsFan said:

    Yeah I didn’t short, just bought deep out of the money puts as lotto tickets. $41 strike feb 9. Didn’t cost much, already up 10% will cut them if another squeeze starts in pre market Monday 

    Sorry bud...at least you didn't bet big. I wouldn't either....what most retail shorts fail to see is short ratio is still at or over 100%. This could go on for another two weeks based on days to cover.

  8. 23 hours ago, NucksPatsFan said:

    I bought some puts into the close. Still friends? 


    ::D

    Your my rival now haha. I just find it funny how literally 9/10 comments on Yahoo GME  conversations have been bearish since December and yet every single one of them has had it handed back to them. Problem with this squeeze is that there aren't enough shares available to borrow to affect selling pressure much. Anyone who covers immediately has those shares shorted again. Until that short ratio comes down this thing could go on forever. Arguably the most famous short seller Thomas Barton has said do not short this stock you will get your ass handed back to you. 

  9. Haven't posted in a while but I'm proud to say I now have my first 10 bagger. My baby GME is up to $63 today ($73 at one point) and the squeeze is just getting started. Been holding since the $4-6 range with a few small sells on the way up but have now trimmed to half at $57. The rest I'm holding to the moon! Also all the major brokerages including questrade have now raised the margin requirements for both shorts and longs but really it only affects the shorts. I'm almost expecting $100+ on monday

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