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24,766,220 Views | 233466 Replies | Last: 17 min ago by ProgN
ProgN
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In reply to bmks270 • 6:18a, 1/28/21
bmks270 said:
Bocephus said:
bmks270 said:
GameStop hot $500 in after hours, up over $400 right now.

I think we see some institutional interference with trading today.

That hedge fund was down 3 billion at $60. They claimed they exited, but we know short interest is still 122% and GME closed at 347 yesterday is at 445 right now in premarket, so those shorts are down another tens of billions of dollars overnight.

And it's probably mostly Wall Street on the losing side right now.


They didn't exit anything


Well someone spread the rumor to CNBC.
If that fund didn't exit they're likely 20-30 Billion in the red. Bankrupt.

Fooled by Randomness by Nassim Taleb. Every trader should read.
That hedge fund is doomed. It's past the point that even other hedge fund buddies can help them. All this, before their investors sue the **** out of them too. Those people don't like losing money, especially in the amount and time that theirs is evaporating.
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Agswinning
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In reply to RigsTx • 6:20a, 1/28/21
RigsTx said:
Have lurked on this thread off and on for awhile now. Haven't had a chance to go back and read the majority of the pages that I've missed. I did see reference to an OA1 seminar and was wondering if that was open to all. I'm quite the novice but wanting to expand my knowledge base.


Email rec'd!
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RigsTx
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6:20a, 1/28/21
AG
Net Free calculation question...

Say I own 100 shares of stock at $10 a share.

The goal is to get Net Free by selling half those shares so I would need the stock price to double and then sel half of my shares. All that makes sense, but do I need to calculate my STCG rate into that? Or do I just calculate strictly on the price I paid for the shares?

Thanks!
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ProgN
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6:20a, 1/28/21
Well, we've gone WAY over the 200 new post threshold since close of business yesterday, so tell me what I've won Bob?
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RigsTx
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In reply to Agswinning • 6:23a, 1/28/21
AG
Just sent you an email. You can remove your email address if you like.

Thanks!
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FbgTxAg
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6:24a, 1/28/21
AG
Stocks that need to run today

CLOV
WWR
TAK
XL

Please and thank you.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
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McInnis 03
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In reply to sts7049 • 6:24a, 1/28/21
AG
sts7049 said:
McInnis 03 said:
McInnis 03 said:
McInnis 03 said:
SNDL approaching $1.00


If we open close to $1 watch level ii to see what kind of heavy sell will place at $1.00 (even numbers dominate), this may be decent resistance


THEY'RE GONNA GAP IT
if it shoots up to 1.30 or so today i will be able to go net free


A cheap stock like this with weekly options is RARE. Enjoy all the possibilities
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Charismatic Megafauna
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In reply to bmks270 • 6:25a, 1/28/21
AG
bmks270 said:
FbgTxAg said:
lobwedgephil said:


Ya that doesn't look like they've exited their shorts...


Yahoo article said the Melvin fund or whatever was down 30% as of Friday.... imagine what it is today if they didn't unroll it, although CNBC said they were totally out. Maybe new shorts took their place at the higher price.

I think it took about 12 hours to expose that as a bluff
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59 South
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In reply to ProgN • 6:26a, 1/28/21
AG
Prognightmare said:
Well, we've gone WAY over the 200 new post threshold since close of business yesterday, so tell me what I've won Bob?
HA. I slept for 6 hours and woke up to 197 new posts. I'm really about to give up trying to keep up with the thread tbh.
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bmks270
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6:26a, 1/28/21
AG
GME at 500!

How many hedge funds are reeling this morning?
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In reply to 59 South • 6:27a, 1/28/21
gougler08
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In reply to ProgN • 6:28a, 1/28/21
AG
Prognightmare said:
Well, we've gone WAY over the 200 new post threshold since close of business yesterday, so tell me what I've won Bob?
Another day of meme trading!
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gougler08
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In reply to 59 South • 6:28a, 1/28/21
AG
59 South said:
Prognightmare said:
Well, we've gone WAY over the 200 new post threshold since close of business yesterday, so tell me what I've won Bob?
HA. I slept for 6 hours and woke up to 197 new posts. I'm really about to give up trying to keep up with the thread tbh.
It will calm back down once this short squeeze news dies down
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Agswinning
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In reply to RigsTx • 6:30a, 1/28/21
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FJ43
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6:30a, 1/28/21
$NOK is moving . Almost 5M share buy in 1 Min right at 7AM EST
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

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In reply to gougler08 • 6:31a, 1/28/21
Goldie Wilson
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6:32a, 1/28/21
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6:32a, 1/28/21
Charismatic Megafauna
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In reply to ProgN • 6:33a, 1/28/21
AG
Prognightmare said:
NRD09 said:
FJ43 said:
Spaceship said:
Just tried to buy NAKD several times on TDA and it wouldn't let me. I sure hope we don't have brokerage issues again today.
You can't trade before 7am other than select instruments on TDA.

Killing me...i gotta go net free on gme!
I'm rooting for you and anyone here that has the balls to dance with that devil but I'm not going to. I've seen many accounts blown apart by stocks like this.

Safe journey brother.

Wanna hear my very wsb thesis?
After elon (a long time WSBer) tweeted, then it halted at 269.69, I said "no way elon doesn't run this up to 420" so i bought 4 shares at 297. Put in a sell order for 3 at 420 but forgot to make it gtc+ext so it didn't fill yesterday. Fixed the order this morning and got the 440 fill when td premarket opened. Now I'll hold my net free share until Melvin files. Vive la revolucion!
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59 South
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In reply to gougler08 • 6:35a, 1/28/21
AG
gougler08 said:
59 South said:
Prognightmare said:
Well, we've gone WAY over the 200 new post threshold since close of business yesterday, so tell me what I've won Bob?
HA. I slept for 6 hours and woke up to 197 new posts. I'm really about to give up trying to keep up with the thread tbh.
It will calm back down once this short squeeze news dies down
Yea agree, I prefer boring low volatility trading. I don't have the time or capacity for all these quick trades. Not my style at this point in my life.
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La Bamba
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In reply to Charismatic Megafauna • 6:35a, 1/28/21
AG
NRD09 said:
Prognightmare said:
NRD09 said:
FJ43 said:
Spaceship said:
Just tried to buy NAKD several times on TDA and it wouldn't let me. I sure hope we don't have brokerage issues again today.
You can't trade before 7am other than select instruments on TDA.

Killing me...i gotta go net free on gme!
I'm rooting for you and anyone here that has the balls to dance with that devil but I'm not going to. I've seen many accounts blown apart by stocks like this.

Safe journey brother.

Wanna hear my very wsb thesis?
After elon (a long time WSBer) tweeted, then it halted at 269.69, I said "no way elon doesn't run this up to 420" so i bought 4 shares at 297. Put in a sell order for 3 at 420 but forgot to make it gtc+ext so it didn't fill yesterday. Fixed the order this morning and got the 440 fill when td premarket opened. Now I'll hold my net free share until Melvin files. Vive la revolucion!
Well, there you have it. When even the stoner strategies work, you know we've reached the market over-extension euphoria level.
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Charismatic Megafauna
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In reply to Rice and Fries • 6:36a, 1/28/21
AG
Rice and Fries said:
FYI - The next target on WSB is SLV. They want to rid the silver shorts from the world. They'll start pushing the message next week about buying and longing SLV.

The real DD on SLV, the worlds biggest short squeeze is possible and we can make history https://reddit.com/r/wallstreetbets/comments/l6novm/the_real_dd_on_slv_the_worlds_biggest_short/

I like this, bunch of the og wsb guys have been playing slv for a long time
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Spudman
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6:37a, 1/28/21
AG
$KOSS - my goodness!
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RigsTx
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In reply to Agswinning • 6:37a, 1/28/21
AG
Just replied. I have a conflict starting halfway through the seminar this afternoon as well and I don't want to take up a spot that could go to someone who could be there for the whole thing.
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ProgN
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In reply to [removed post] • 6:38a, 1/28/21
third coast.. said:
i think that this craziness is the root. i bet if there is a correction this thread loses a lot of posters. just a guess though.
Ironically, active posters have increased during the last few corrections. This thread is like crack and we're all like Tyrone Biggums.
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Charismatic Megafauna
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6:39a, 1/28/21
AG
Oh and mainstream media mentioning the possibility of 1k+ suggests to me that it's gonna go way past that
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ProgN
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In reply to [removed post] • 6:40a, 1/28/21
third coast.. said:
ugh thought i had extended hours active on the accounts my wife owns and i didnt. missed out on selling NAKD for $3 this am, and she is asleep and i need a code from her cell phone.
You may sell it at $4 when she wakes up and then she'll be smiling and NAKD when you get back home.
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6:41a, 1/28/21
59 South
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6:42a, 1/28/21
AG
The macro technicals are really quite straight forward. Lines in the sand are big round numbers 3700 and 3800. Don't overcomplicate it chaps.

I was really hoping for a meltup blowoff top 4000+ to hit that long term trendline from 2009 (see January 2018 for parallel). I was planning to take a ton of profits and sit for awhile if that had or does happen...

PS: VOO DOOOOOOO!!!!!

ES daily:

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gigemJTH12
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In reply to [removed post] • 6:48a, 1/28/21
AG
third coast.. said:
i really didnt want to be up late tonight. ugh. 4 am is gonna come fast.
man like 90% of your posts on this thread are complaining.
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In reply to gigemJTH12 • 6:49a, 1/28/21
gougler08
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In reply to 59 South • 6:49a, 1/28/21
AG
59 South said:
gougler08 said:
59 South said:
Prognightmare said:
Well, we've gone WAY over the 200 new post threshold since close of business yesterday, so tell me what I've won Bob?
HA. I slept for 6 hours and woke up to 197 new posts. I'm really about to give up trying to keep up with the thread tbh.
It will calm back down once this short squeeze news dies down
Yea agree, I prefer boring low volatility trading. I don't have the time or capacity for all these quick trades. Not my style at this point in my life.


Normally same for me as my job has been kicking my ass lately, but I was already in AMC and NAKD prior to them getting meme'd so now I have to take advantage as best I can

I'm not touching GME at this point
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gigemJTH12
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In reply to [removed post] • 6:50a, 1/28/21
AG
third coast.. said:
gigemJTH12 said:
third coast.. said:
i really didnt want to be up late tonight. ugh. 4 am is gonna come fast.
man like 90% of your posts on this thread are complaining.
thats funny. dont even mean to be that way. i am extremely positive right now.
I know! and I know you are always upbeat. relax bro lol
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Spaceship
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6:51a, 1/28/21
AG
Uuuhhhhh American Airlines up 47% premarket?!
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Spaceship
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In reply to Spaceship • 6:51a, 1/28/21
AG
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