nuckin_futz Posted February 2, 2021 Share Posted February 2, 2021 24 minutes ago, canuckster19 said: Yikes, that's too bad, I was hoping they'd hold on. Glad I'm a chickens---. Edit: This is interesting though: https://www.thefocus.news/business/what-is-short-ladder-attack/ Why the hell is this even allowed? It's no different from people colluding on the upside. Conspiring to drive shares higher. The regulators are never going to be able to police this type of activity. Link to comment Share on other sites More sharing options...
NewbieCanuckFan Posted February 2, 2021 Share Posted February 2, 2021 2 hours ago, Tortorella's Rant said: Inevitable. I told people on Facebook who kept buying "the dip" and were "holding the line" to get out now because it's all going to implode. They responded by saying I don't know anything about the market; that the stock is going "to the moon." I told them I know enough not to stupidly jump on the bandwagon with no real logic or supporting facts behind this insane stock price. And history will repeat itself again (the power of greed). Link to comment Share on other sites More sharing options...
Popular Post NucksPatsFan Posted February 2, 2021 Popular Post Share Posted February 2, 2021 The regulars of this thread should take 5% of our CCIV profits and pool it to get a suite at a Canucks game post-Covid. @nuckin_futz can upgrade the drinks package since he's the big baller 4 3 Link to comment Share on other sites More sharing options...
Wolfgang Durst Posted February 2, 2021 Share Posted February 2, 2021 (edited) 3 hours ago, Tortorella's Rant said: Inevitable. I told people on Facebook who kept buying "the dip" and were "holding the line" to get out now because it's all going to implode. They responded by saying I don't know anything about the market; that the stock is going "to the moon." I told them I know enough not to stupidly jump on the bandwagon with no real logic or supporting facts behind this insane stock price. At the stock exchange you have to be fully aware of what are you doing at any time, which means you have to know the nature of your investment and the risks and rewards associated with it. It was an insane bubble which bursted. People who were invested should have read the following a couple of days ahead: https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-alerts/investor-62 Retail investors may seek to profit from volatile markets by buying individual stock, including stock in heavily-promoted companies with smaller market capitalizations. Some of these stocks may be discussed in social media, news aggregators, investment research websites, online investment newsletters, ratings websites, message boards, chat rooms, and discussion forums. It can be tempting to jump on the bandwagon and follow whatever the crowd seems to be doing. Sometimes, however, following the crowd may lead to significant investment losses. Retail investors should understand that all investments have risk, and that short-term investing in a volatile market carries significant risk of loss. Edited February 2, 2021 by Wolfgang Durst 1 Link to comment Share on other sites More sharing options...
Down by the River Posted February 2, 2021 Share Posted February 2, 2021 15 minutes ago, NucksPatsFan said: The regulars of this thread should take 5% of our CCIV profits and pool it to get a suite at a Canucks game post-Covid. @nuckin_futz can upgrade the drinks package since he's the big baller Why don't we just buy the team? Link to comment Share on other sites More sharing options...
NucksPatsFan Posted February 2, 2021 Share Posted February 2, 2021 9 minutes ago, Down by the River said: Why don't we just buy the team? Link to comment Share on other sites More sharing options...
Lancaster Posted February 2, 2021 Share Posted February 2, 2021 Wow.... CCIV.... I don't think there are any official news yet. Link to comment Share on other sites More sharing options...
CBH1926 Posted February 2, 2021 Share Posted February 2, 2021 4 hours ago, nuckin_futz said: The tears are flowing as GME crumbles below $100 in a 60% decline Tue 2 Feb 2021 15:38:42 GMT It lived fast and died young Everyone has diamond hands until they're sitting on a one-day 60% decline. Technically, the break of the January 28 after hours low isn't a good sign. You can pump something all you want but you better have a better fundamental story than 'let's squeeze hedge funds'. Meanwhile, the tears are starting to flow with Davey "stocks only go up" Daytrader and the WSB bagholders taking some medicine. ******************* I can't believe Portnoy trades at RobinHood. What an idiot. Imagine putting your life savings into game stop at $255, yikes! Link to comment Share on other sites More sharing options...
Wolfgang Durst Posted February 2, 2021 Share Posted February 2, 2021 22 hours ago, Down by the River said: BITF Currently at $3.33; had hit $5 earlier in the year and I mostly cashed out then. Currently up 33% ENPH: Currently at 186.34; only up 6%. Took a big hit during the GME stuff. Was at $212 (above prediction) for a bit. Expect it to rise back up. PCRFY: Currently at 13.01; up 11%. Just over a third of the way there with time to spare. GLNCY: Currently at £249.90; up 7%. Surpassed £250.00 on multiple occasions; dipped last week. EBIX: Currently at $53.55; up 41%. Peak around $63 last week. Thanks for sharing. Here is an article covering Tesla's battery supply. The key message is that Tesla seeks to produce a higher volume of battery inside. Report is dated September 2020, but still interesing in terms of Tesla's battery strategy. https://www.reuters.com/article/tesla-batteryday-suppliers-stocks-int-idUSKCN26E03G Link to comment Share on other sites More sharing options...
nuckin_futz Posted February 2, 2021 Share Posted February 2, 2021 12 minutes ago, CBH1926 said: Imagine putting your life savings into game stop at $255, yikes! 1 Link to comment Share on other sites More sharing options...
CBH1926 Posted February 2, 2021 Share Posted February 2, 2021 9 minutes ago, nuckin_futz said: Now imagine those that bought at $350! &^@# me and call me Sally! Link to comment Share on other sites More sharing options...
nuckin_futz Posted February 2, 2021 Share Posted February 2, 2021 7 minutes ago, CBH1926 said: Now imagine those that bought at $350! &^@# me and call me Sally! Better than the knob who paid over 5 bills for it. Hopefully they bought it on Visa and can dispute the purchase. 1 Link to comment Share on other sites More sharing options...
Lancaster Posted February 2, 2021 Share Posted February 2, 2021 36 minutes ago, CBH1926 said: Imagine putting your life savings into game stop at $255, yikes! I've lost money in GME... but I just used "play money". It would really suck if someone really put their life savings.... but then again there are lots of people who also spend all their money at the casino too. At least for GME.... they can use the loss for future tax credits, lol. Link to comment Share on other sites More sharing options...
CBH1926 Posted February 2, 2021 Share Posted February 2, 2021 Nice article about individual and institutional owners that made around 16bn in game stop. This is the opposite of bah holders that bought at $483 per share. https://www.investors.com/etfs-and-funds/sectors/gme-stock-gamestop-investors-instantly-make-16-billion-gamestop-stock-squeeze/?src=A00220 Link to comment Share on other sites More sharing options...
GetFocht Posted February 2, 2021 Share Posted February 2, 2021 41 minutes ago, Lancaster said: I've lost money in GME... but I just used "play money". It would really suck if someone really put their life savings.... but then again there are lots of people who also spend all their money at the casino too. At least for GME.... they can use the loss for future tax credits, lol. Don't feel sorry for them, they are adults. If you are playing with the market, you better know what you are doing and never spend what you can't afford to part with. 1 1 Link to comment Share on other sites More sharing options...
Warhippy Posted February 2, 2021 Share Posted February 2, 2021 The only stock I have from all of that mess is NOK and tha's only due to their earnings report coming out in 2 days Some of those people wow...just wow... Link to comment Share on other sites More sharing options...
Putgolzin Posted February 2, 2021 Share Posted February 2, 2021 I lucked out and got a tiny sliver of profit out of AMC - looks like I've now lost it gambling at BB. I'm new - I'll learn how to do investing rather than gambling at some point in the near future. Link to comment Share on other sites More sharing options...
Dumb Nuck Posted February 2, 2021 Share Posted February 2, 2021 2 hours ago, CBH1926 said: Imagine putting your life savings into game stop at $255, yikes! I bought 10 shares Thursday at $190 and sold yesterday just after open fo $314. There are lots though that are left holding the bag and lots that invested way more than they could afford. 1 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted February 2, 2021 Share Posted February 2, 2021 Forever grateful to the redditers for giving me such great entries into some of my favorite positions. 1 1 Link to comment Share on other sites More sharing options...
250Integra Posted February 2, 2021 Share Posted February 2, 2021 Me: "Hey I bought these Gamestop shares a few days ago for $480, but they don't seem to be working, can I return them?" Gamestop employee: "I can give you $80 for them" Credit: Reddit WSB 1 2 Link to comment Share on other sites More sharing options...
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