nuckin_futz Posted August 16, 2022 Share Posted August 16, 2022 The meme stocks give and the meme stocks take away Bed, Bath and Beyond down $10 from the highs There's something about the meme stock game that a segment of market participants love. It's the combination of notoriety, options trading, an infatuation with easy money and short squeezes. Whatever it is, there's a bull market in it. A month ago, it looked like the meme stock era was over and now it looks like it's a permanent part of the stock market landscape. But what can you say about it? For sure there's opportunity here but it's almost pure gambling. At the end of the day, you want to invest in companies that are improving in some way and not just companies that are heavily shorted. In any case, this one is still up 16% today that's a great day for just about any stock... except one that was up 80% a few hours ago. ********************** Kinda surprised the degenerate gamblers haven't found a new corpse to hump, but here we are. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted August 17, 2022 Share Posted August 17, 2022 8 hours ago, nuckin_futz said: The meme stocks give and the meme stocks take away Bed, Bath and Beyond down $10 from the highs There's something about the meme stock game that a segment of market participants love. It's the combination of notoriety, options trading, an infatuation with easy money and short squeezes. Whatever it is, there's a bull market in it. A month ago, it looked like the meme stock era was over and now it looks like it's a permanent part of the stock market landscape. But what can you say about it? For sure there's opportunity here but it's almost pure gambling. At the end of the day, you want to invest in companies that are improving in some way and not just companies that are heavily shorted. In any case, this one is still up 16% today that's a great day for just about any stock... except one that was up 80% a few hours ago. ********************** Kinda surprised the degenerate gamblers haven't found a new corpse to hump, but here we are. That's all child's play compared to what HKD did for the last month. 10000% move. It's bull****. The SEC is quick to neuter the whole AMC and Gamestop movement but so far it has been crickets regarding HKD. I'd love to know who made the 10000%. Link to comment Share on other sites More sharing options...
nuckin_futz Posted August 17, 2022 Share Posted August 17, 2022 4 minutes ago, I.Am.Ironman said: That's all child's play compared to what HKD did for the last month. 10000% move. It's bull****. The SEC is quick to neuter the whole AMC and Gamestop movement but so far it has been crickets regarding HKD. I'd love to know who made the 10000%. The floats of AMC and GME are too big. The float in HKD is only 19 million shares. Plus HKD has no options. I suspect one firm got word of another firm's short position and decided to mangle them. That entire move reeks of an over leveraged margin blowout. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted August 17, 2022 Share Posted August 17, 2022 5 minutes ago, nuckin_futz said: The floats of AMC and GME are too big. The float in HKD is only 19 million shares. Plus HKD has no options. I suspect one firm got word of another firm's short position and decided to mangle them. That entire move reeks of an over leveraged margin blowout. Even so, I'm surprised it can move that violently. I guess my question is though, why 'protect investors' from GME and AMC but not HKD? I have no horse in the race, I didn't get involved in any meme stock I just find it to be BS. Link to comment Share on other sites More sharing options...
nuckin_futz Posted August 17, 2022 Share Posted August 17, 2022 3 minutes ago, I.Am.Ironman said: Even so, I'm surprised it can move that violently. I guess my question is though, why 'protect investors' from GME and AMC but not HKD? I have no horse in the race, I didn't get involved in any meme stock I just find it to be BS. Yeah that move is definitely on the ridiculous side. They protected investors from GME and AMC because the media made it a big deal. They want to look like they're doing something. When in reality they couldn't give less of a poop. Link to comment Share on other sites More sharing options...
J-23 Posted August 18, 2022 Share Posted August 18, 2022 Happy I sold my BBBY calls this morning and didn’t get greedy like usual. Meme stocks continue to be my best trades this Summer. I wonder if BBBY has potential for another leg up, wouldn’t count it out. Link to comment Share on other sites More sharing options...
nuckin_futz Posted September 4, 2022 Share Posted September 4, 2022 On 8/17/2022 at 8:57 PM, J-23 said: Happy I sold my BBBY calls this morning and didn’t get greedy like usual. Meme stocks continue to be my best trades this Summer. I wonder if BBBY has potential for another leg up, wouldn’t count it out. Bed, Bath & Beyond CFO falls from skyscraper to his death Gustavo Arnal, 52, deadChief Financial Officer of meme stock Bed, Bath & Beyond is dead after jumping from a New York City skyscraper, according to reports. Gustavo Arnal, 52, plunged from the 18th floor of a Tribeca building. He was a native of Venezuela. On Aug. 16, Arnal sold 42,513 shares in company stock for $1.4m at prices ranging from $20.00 to $29.95 according to INK Research. He still holds 255,396 shares or 0.32% of the company. He had bought 27,500 shares in late 2021 and early 2022 at prices ranging from $13.81 to $22.59. He had been with the company since May 2020 having previously worked for Avon and Procter & Gamble. Arnal was undoubtedly under tremendous pressure and just last week obtained $500m in new financing while cutting 20% of its workforce in a plan to close 150 stores. ********************* It's like he worked at Gazprom. 1 1 Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted September 4, 2022 Share Posted September 4, 2022 2 minutes ago, nuckin_futz said: Bed, Bath & Beyond CFO falls from skyscraper to his death Gustavo Arnal, 52, deadChief Financial Officer of meme stock Bed, Bath & Beyond is dead after jumping from a New York City skyscraper, according to reports. Gustavo Arnal, 52, plunged from the 18th floor of a Tribeca building. He was a native of Venezuela. On Aug. 16, Arnal sold 42,513 shares in company stock for $1.4m at prices ranging from $20.00 to $29.95 according to INK Research. He still holds 255,396 shares or 0.32% of the company. He had bought 27,500 shares in late 2021 and early 2022 at prices ranging from $13.81 to $22.59. He had been with the company since May 2020 having previously worked for Avon and Procter & Gamble. Arnal was undoubtedly under tremendous pressure and just last week obtained $500m in new financing while cutting 20% of its workforce in a plan to close 150 stores. ********************* It's like he worked at Gazprom. Pretty suspicious given BBBY's action recently. But who knows. Link to comment Share on other sites More sharing options...
bishopshodan Posted September 10, 2022 Share Posted September 10, 2022 Pretty happy with RIVN in the last while. I bought a bunch more when it was in the $20's to help me average down my initial purchase of a few shares. Been going up since, might buy more. News about this company seems promising. Link to comment Share on other sites More sharing options...
Sophomore Jinx Posted September 12, 2022 Share Posted September 12, 2022 I'm heavy in Cannabis, Pharmaceuticals, and Bitcoin. In the latter, I've been loading up during the recent sale prices. Link to comment Share on other sites More sharing options...
Boudrias Posted September 13, 2022 Share Posted September 13, 2022 15 hours ago, Sophomore Jinx said: I'm heavy in Cannabis, Pharmaceuticals, and Bitcoin. In the latter, I've been loading up during the recent sale prices. Yikes. Of your choices the only one with earnings is Pharma. Good luck. 1 Link to comment Share on other sites More sharing options...
Sophomore Jinx Posted September 13, 2022 Share Posted September 13, 2022 2 hours ago, Boudrias said: Yikes. Of your choices the only one with earnings is Pharma. Good luck. Ya for sure lol, but I'm a long hauler, I get in early or I don't at all. Cheers. 1 Link to comment Share on other sites More sharing options...
Elias Pettersson Posted September 17, 2022 Share Posted September 17, 2022 JUST IN - FedEx stock plunges over 20% pre-market on "surprise" slowdown fears, CEO warns of worldwide recession. @disclosetv Link to comment Share on other sites More sharing options...
Boudrias Posted September 21, 2022 Share Posted September 21, 2022 On 9/13/2022 at 8:32 AM, Sophomore Jinx said: Ya for sure lol, but I'm a long hauler, I get in early or I don't at all. Cheers. Slowly building a position in GSY. Their 2024 EPS estimates show a lot of growth. Now their moving to car financing. Link to comment Share on other sites More sharing options...
Elias Pettersson Posted September 21, 2022 Share Posted September 21, 2022 This market looks like it’s gonna crash sooner than later… Link to comment Share on other sites More sharing options...
DeNiro Posted September 21, 2022 Share Posted September 21, 2022 On 9/16/2022 at 10:06 PM, Elias Pettersson said: JUST IN - FedEx stock plunges over 20% pre-market on "surprise" slowdown fears, CEO warns of worldwide recession. @disclosetv How would a slowdown or a recession be a surprise? Link to comment Share on other sites More sharing options...
Elias Pettersson Posted September 22, 2022 Share Posted September 22, 2022 5 hours ago, DeNiro said: How would a slowdown or a recession be a surprise? I guess FedEx has been pretty busy the last couple of years. Just now they are starting to feel the effects of the slowdown. 1 Link to comment Share on other sites More sharing options...
Chris12345 Posted September 22, 2022 Share Posted September 22, 2022 5 hours ago, Elias Pettersson said: This market looks like it’s gonna crash sooner than later… She gone 1 Link to comment Share on other sites More sharing options...
Elias Pettersson Posted September 22, 2022 Share Posted September 22, 2022 12 minutes ago, Chris12345 said: She gone Dow will be under 30,000 this week which will have wiped out all of the gains for the last 2 years. Link to comment Share on other sites More sharing options...
Chris12345 Posted September 22, 2022 Share Posted September 22, 2022 7 minutes ago, Elias Pettersson said: Dow will be under 30,000 this week which will have wiped out all of the gains for the last 2 years. Yep I think she's going to get ugly. Link to comment Share on other sites More sharing options...
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