Stock market tips and experiences

vreihen16 · 02-03-2021, 10:18 AM

Me thinks that the GameFlop ship has officially sailed, and the shorts are recovering all of their losses on the ride back to zero.....

TboneS54 · 02-03-2021, 10:30 AM

Sounds like everyone is making conclusions about GME based solely on the price.

TheFanatic · 02-03-2021, 10:32 AM

Quote:

Originally Posted by ASAP

So is it over? Seems to be struggling.

Yeah, I kind of feel bad for people buying in now cause the idiots keep saying there's gonna be a squeeze yet and it'll take off, so they buy shares on something that will bounce itself back to where it was.

that ship sailed and it peaked near 500.

You guys seeing any other companies that are on your radar?

TheFanatic · 02-03-2021, 10:34 AM

Quote:

Originally Posted by TboneS54

Sounds like everyone is making conclusions about GME based solely on the price.

You think it will skyrocket yet? Unless I'm mistaken today was the last day they were saying to hold to originally

TboneS54 · 02-03-2021, 11:10 AM

Most people seem to be making conclusions by just looking at the price.

Things don't add up when you look deeper. Price being driven down, yet people aren't selling. Low volume. Ladder attacks, fake news, bots, restricting buys.

Restricting of buying probably means the squeeze won't be as big unfortunately, as HF have been able to cover themselves, but not fully as is being pushed as the narrative.

TheFanatic · 02-03-2021, 11:27 AM

Quote:

Originally Posted by TboneS54

Most people seem to be making conclusions by just looking at the price.

Things don't add up when you look deeper. Price being driven down, yet people aren't selling. Low volume. Ladder attacks, fake news, bots, restricting buys.

Restricting of buying probably means the squeeze won't be as big unfortunately, as HF have been able to cover themselves, but not fully as is being pushed as the narrative.

oh, yeah, I think it's being artificially drawn down as well. last one I saw there was more buying in than there was selling but yet the price kept going down. I do think however that the big gains are over. the shorts have gotten all their money back and some at this point

bimmer pleaser V2 · 02-03-2021, 01:36 PM

Quote:

Originally Posted by vreihen16

Me thinks that the GameFlop ship has officially sailed, and the shorts are recovering all of their losses on the ride back to zero.....

Melvin lost billions and nearly went belly up; they are going to get through this but no way they "recover all their losses".

Holding here. To the crapper or moon.

XKxRome0ox · 02-03-2021, 01:38 PM

bought in more as much as i can at sub $100 price point
now i hold on for dear life

vreihen16 · 02-03-2021, 01:40 PM

I just dumped my AMC when it spiked up to $9.50 about an hour ago. I'm happy to be out of it (all three shares)

with a 10% gain in less than a week.

Looks like I'm riding GME all the way down the drain and into the ocean.....

.

BMW F22 · 02-03-2021, 01:40 PM

Quote:

Originally Posted by XKxRome0ox

bought in more as much as i can at sub $100 price point
now i hold on for dear life

Atta boy! We ride together, we die together. Dumbasses for life.

Cyberdemon · 02-03-2021, 01:54 PM

Quote:

Originally Posted by vreihen16

Me thinks that the GameFlop ship has officially sailed, and the shorts are recovering all of their losses on the ride back to zero.....

You certainly may be right. But there are still certainly external factors at play.

-Robinhood is slowly easing limits, but still has a 100 share limit on GME as of today. (Limiting any bigger purchases).
-A number of people with deeper wallets have decided to pull funds out of RH and move them to a new brokerage which can take 1-2 weeks. Those people may choose to stay out of the game based on what happens this week and next, or jump right back in now that the price is down.
-You're still seeing positive momentum today, which is a sign there's still some fight left in the game.

I'm just letting my free money ride at this point.

TheFanatic · 02-04-2021, 07:10 AM

Any of you guys still have any doge crypto that you held onto from the pump and dump? It spiked pretty good last night and into this morning not to where it was but enough for me to get out with a couple hundred extra bucks. I was expecting a second wave a bit sooner than this lol

JP10 · 02-04-2021, 08:08 AM

Quote:

Originally Posted by TheFanatic

Any of you guys still have any doge crypto that you held onto from the pump and dump? It spiked pretty good last night and into this morning not to where it was but enough for me to get out with a couple hundred extra bucks. I was expecting a second wave a bit sooner than this lol

I bought at $0.016, sold around $0.056. Not too bad not great (high of $0.078). Through money at it as a joke and worked out great, only complaint is I wish I dumped more in.

TheFanatic · 02-04-2021, 10:08 AM

Quote:

Originally Posted by JP10

I bought at $0.016, sold around $0.056. Not too bad not great (high of $0.078). Through money at it as a joke and worked out great, only complaint is I wish I dumped more in.

I bought at .006 sold at .06 then bought again at .018 been waiting for it to come up again. this morning I got it at the right time. I didn't expect much so I didn't put much into it. Wish I would have. Oh well, a few hundred is better than nothing

antzcrashing · 02-04-2021, 10:15 AM

Quote:

Originally Posted by TheFanatic

Quote:

Originally Posted by JP10

I bought at $0.016, sold around $0.056. Not too bad not great (high of $0.078). Through money at it as a joke and worked out great, only complaint is I wish I dumped more in.

I bought at .006 sold at .06 then bought again at .018 been waiting for it to come up again. this morning I got it at the right time. I didn't expect much so I didn't put much into it. Wish I would have. Oh well, a few hundred is better than nothing

I got in around 0.004 and then bought more later bring my cost basis to 0.011 (an effective penny stock), holding for now

TheFanatic · 02-04-2021, 11:03 AM

Quote:

Originally Posted by antzcrashing

I got in around 0.004 and then bought more later bring my cost basis to 0.011 (an effective penny stock), holding for now

well Elon Musk tweeted about it this morning so the price jumped. It may continue upwards today.

M FUELED · 02-04-2021, 11:28 AM

Still holding 186,641 shares

NorCalAthlete · 02-04-2021, 11:37 AM

Initiated transfer from RH > Schwab today. They said it'll take 5-7 business days.

Hope it doesn't spike before transfer completes...but the other risk in leaving it with RH is I get locked out / "system error" when I try to sell and miss the spike anyway.

Only have 300 shares vs Mr. Big Dick 186,641 above

but I'm cool with holding for the long run anyway.

M FUELED · 02-04-2021, 11:47 AM

Well shit, is that a possibility of getting locked out in Rh when trying to sell? If so I need to get out of RH too

NorCalAthlete · 02-04-2021, 12:11 PM

Quote:

Originally Posted by M FUELED

Well shit, is that a possibility of getting locked out in Rh when trying to sell? If so I need to get out of RH too

It's happened before and is part of why they're getting sued. People tried to sell en masse on previous spikes and plays and RH froze / errored out and by the time they were able to sell it had dropped back down.

So it's not out of the realm of possibilities they'll have a "network outage" or something in the near future on a big selloff day.

jmack · 02-04-2021, 12:16 PM

Quote:

Originally Posted by M FUELED

Well shit, is that a possibility of getting locked out in Rh when trying to sell? If so I need to get out of RH too

Yes, they've had bandwidth/system issues during several big opportunities in the past year, then the de-listing stocks fiasco last week. They could just freeze you from selling all together if it suited them. Get with a real broker. TDA is just as beginner friendly as RH.

BMW F22 · 02-04-2021, 12:22 PM

Who’s holding GME with me?! 😆 this is pretty exciting.

02-03-2021, 10:18 AM	#6095
vreihen16 Recovering Perfectionist 15558 Rep 946 Posts Drives: 2015 BMW i3 BEV Join Date: Jun 2019 Location: Orange County, NY iTrader: (0) Garage List 2014 Mighty Freight ... [0.00] 2015 BMW i3 BEV [0.00] 2000 Audi TT Quattro [0.00] 1967 Formula Vee [0.00]	Me thinks that the GameFlop ship has officially sailed, and the shorts are recovering all of their losses on the ride back to zero..... __________________ 2015 BMW i3 BEV, Giga World (Lodge interior), Tech/Driving Assist Packages, 30K miles
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02-03-2021, 10:30 AM	#6096
TboneS54 YNWA 1069 Rep 820 Posts Drives: 2004 M3 6spd & 2011 M3 DCT Join Date: Nov 2009 Location: SoCal iTrader: (2)	Sounds like everyone is making conclusions about GME based solely on the price. __________________ /// 2004 Silvergrey M3 · Coupe · 6MT · Slicktop · zero options /// 2011 Jerez/Bamboo E90 M3 · DCT · Slicktop · IG: @na.s54
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02-03-2021, 11:10 AM	#6099
TboneS54 YNWA 1069 Rep 820 Posts Drives: 2004 M3 6spd & 2011 M3 DCT Join Date: Nov 2009 Location: SoCal iTrader: (2)	Most people seem to be making conclusions by just looking at the price. Things don't add up when you look deeper. Price being driven down, yet people aren't selling. Low volume. Ladder attacks, fake news, bots, restricting buys. Restricting of buying probably means the squeeze won't be as big unfortunately, as HF have been able to cover themselves, but not fully as is being pushed as the narrative. __________________ /// 2004 Silvergrey M3 · Coupe · 6MT · Slicktop · zero options /// 2011 Jerez/Bamboo E90 M3 · DCT · Slicktop · IG: @na.s54
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02-03-2021, 01:38 PM	#6102
XKxRome0ox e90noob 1589 Rep 1,868 Posts Drives: '08 E90 M3 Join Date: Mar 2012 Location: Los Angeles, CA iTrader: (4)	bought in more as much as i can at sub $100 price point now i hold on for dear life __________________ 2008 E90 M3 / LCI trunk + euro tail swap Production date - 2008-04-22
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02-03-2021, 01:40 PM	#6103
vreihen16 Recovering Perfectionist 15558 Rep 946 Posts Drives: 2015 BMW i3 BEV Join Date: Jun 2019 Location: Orange County, NY iTrader: (0) Garage List 2014 Mighty Freight ... [0.00] 2015 BMW i3 BEV [0.00] 2000 Audi TT Quattro [0.00] 1967 Formula Vee [0.00]	I just dumped my AMC when it spiked up to $9.50 about an hour ago. I'm happy to be out of it (all three shares) with a 10% gain in less than a week. Looks like I'm riding GME all the way down the drain and into the ocean..... . __________________ 2015 BMW i3 BEV, Giga World (Lodge interior), Tech/Driving Assist Packages, 30K miles
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02-04-2021, 07:10 AM	#6106
TheFanatic Second Lieutenant 113 Rep 216 Posts Drives: BMW 340i Join Date: May 2020 Location: Wisconsin iTrader: (0)	Any of you guys still have any doge crypto that you held onto from the pump and dump? It spiked pretty good last night and into this morning not to where it was but enough for me to get out with a couple hundred extra bucks. I was expecting a second wave a bit sooner than this lol
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02-04-2021, 11:28 AM	#6111
M FUELED Enlisted Member 59 Rep 39 Posts Drives: 2017 BMW M2 Join Date: Jul 2019 Location: Texas iTrader: (2)	Still holding 186,641 shares
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02-04-2021, 11:37 AM	#6112
NorCalAthlete Lieutenant Colonel 3200 Rep 1,669 Posts Drives: '23 M4CX - Tanzanite / Tartufo Join Date: Aug 2014 Location: Bay Area, CA iTrader: (0)	Initiated transfer from RH > Schwab today. They said it'll take 5-7 business days. Hope it doesn't spike before transfer completes...but the other risk in leaving it with RH is I get locked out / "system error" when I try to sell and miss the spike anyway. Only have 300 shares vs Mr. Big Dick 186,641 above but I'm cool with holding for the long run anyway.
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02-04-2021, 11:47 AM	#6113
M FUELED Enlisted Member 59 Rep 39 Posts Drives: 2017 BMW M2 Join Date: Jul 2019 Location: Texas iTrader: (2)	Well shit, is that a possibility of getting locked out in Rh when trying to sell? If so I need to get out of RH too
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02-04-2021, 12:22 PM	#6116
BMW F22 Major General 3588 Rep 9,788 Posts Drives: ///M235i Join Date: Nov 2005 Location: Bay Area iTrader: (8)	Who’s holding GME with me?! 😆 this is pretty exciting.
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