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gougler08
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1:00p, 6/6/24
AG
What % of cash is everyone sitting on these days? I'm at ~25% but outside of a few things, there just aren't many enticing entry points to me so I just keep having it sit there
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AgPT06
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1:02p, 6/6/24
AG
AAPL up against a pretty strong resistance.
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nortex97
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In reply to Heineken-Ashi • 1:05p, 6/6/24
AG
Really? I figured it might run lower for a bit. I am only in the 80 one. Nice day, to be sure. I could see it ticking back up toward 87 again though before further drops.
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Heineken-Ashi
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In reply to nortex97 • 1:07p, 6/6/24
nortex97 said:
Really? I figured it might run lower for a bit. I am only in the 80 one. Nice day, to be sure. I could see it ticking back up toward 87 again though before further drops.
Initial move down was 3-waves. So minimum target is measuring 100% extension of that move to high $81's in case it wants to bounce there and take a longer approach.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
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McInnis 03
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In reply to Charismatic Megafauna • 1:24p, 6/6/24
AG
Charismatic Megafauna said:
McInnis 03 said:

Okay okay I'll play!

Nice work BES, congrats!
Did you get this around $1.60?
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I bleed maroon
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1:29p, 6/6/24
AG
It has been many years since I traded Rio Tinto (RIO). It's looking attractive to me currently, and I wanted to see what others think (looking at at least a swing trade holding period, if not a long-term hold).

I have long-term hold in FCX, and sold SQM a while back (a good move, in hindsight), so I'm considering filling the industrial metals void with a trusted old friend (actually, I don't think I traded it too successfully years ago). The 6.4% dividend is attractive, and analysts generally appear to have positive outlooks. Buying SQM again is probably the best alternative I've surfaced, but I don't like the setup as much: their dividend payout rate is 1/3 less, and they lost money last quarter.

Thoughts?
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EliteZags
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In reply to gougler08 • 1:34p, 6/6/24
AG
gougler08 said:
What % of cash is everyone sitting on these days? I'm at ~25% but outside of a few things, there just aren't many enticing entry points to me so I just keep having it sit there


Around 1% spending cash

Scared money don't make money
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Chef Elko
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1:36p, 6/6/24
AG
GME rippy rippy
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Red Pear Luke (BCS)
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In reply to nortex97 • 1:44p, 6/6/24
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AG
nortex97 said:
GME trading suspended? Keith Gill is a maniac, even if he's a billionaire on Friday night, LOL. $43 a share?
Step aside Ryan Cohen - Keith GIll is the new CEO of Gamestonk.
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Charismatic Megafauna
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In reply to EliteZags • 1:54p, 6/6/24
AG
EliteZags said:


how the f does this play out the next 25 hours

Complete and total annihilation. But for who?
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Charismatic Megafauna
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1:54p, 6/6/24
AG

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Charismatic Megafauna
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In reply to McInnis 03 • 1:55p, 6/6/24
AG
McInnis 03 said:
Charismatic Megafauna said:
McInnis 03 said:

Okay okay I'll play!

Nice work BES, congrats!
Did you get this around $1.60?


1.55!!! Awesome call!!!
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Charismatic Megafauna
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In reply to Red Pear Luke (BCS) • 1:59p, 6/6/24
AG
Red Pear Luke (BCS) said:
Charismatic Megafauna said:
I spent too much time yesterday reading about gme, registering shares, and pre-split share prices and decided to grab a couple expiring 40c for a buck. 43 apparently is the pre-split price and someone bought a million dollars worth of expiring 100c yesterday. Reddit thinks it's a dfv gamble but feels more to me like a short capping their exposure
I'll ride with you on this.

Bought 1 $30 call and 1 $40 call

Bruh...
I bought a couple more expiring 40c yesterday morning for .48 and sold them for 1.08, just sold one of the original purchase for 5.15. The rest are ride or die
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McInnis 03
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In reply to Charismatic Megafauna • 2:02p, 6/6/24
AG
Charismatic Megafauna said:
McInnis 03 said:
Charismatic Megafauna said:
McInnis 03 said:

Okay okay I'll play!

Nice work BES, congrats!
Did you get this around $1.60?


1.55!!! Awesome call!!!
I hope you bought a roaring kitty's worth.
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Red Pear Luke (BCS)
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In reply to Charismatic Megafauna • 2:02p, 6/6/24
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AG
Charismatic Megafauna said:
Red Pear Luke (BCS) said:
Charismatic Megafauna said:
I spent too much time yesterday reading about gme, registering shares, and pre-split share prices and decided to grab a couple expiring 40c for a buck. 43 apparently is the pre-split price and someone bought a million dollars worth of expiring 100c yesterday. Reddit thinks it's a dfv gamble but feels more to me like a short capping their exposure
I'll ride with you on this.

Bought 1 $30 call and 1 $40 call

Bruh...
I bought a couple more expiring 40c yesterday morning for .48 and sold them for 1.08, just sold one of the original purchase for 5.15. The rest are ride or die
I sold my $40 for a cool $18 of profit (meaning bought at 0.88 and sold at 1.06) but kept my $30 on the table. Up 445% on that one and about to take profit.

Needless to say - I am ready to be hurt again
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Chef Elko
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2:03p, 6/6/24
AG
I wish he would just exercise all 120,000 $GME 6/21 $20C today
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Charismatic Megafauna
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In reply to McInnis 03 • 2:04p, 6/6/24
AG
Come on now, some schizophrenic on twitter asked a twitter bot then made a recommendation based on that. Despite all the red flags i still bought 2
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McInnis 03
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In reply to McInnis 03 • 2:11p, 6/6/24
AG
McInnis 03 said:
$1MM buy on 6/21 100C gamestop 30 min ago
($1.22 per contract avg)
Y'all.

This is $6 right now.
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Charismatic Megafauna
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2:14p, 6/6/24
AG
Blew through 43, those 40s are 8 now
This is gong to be epic, and the machine is 100% going to shut it down
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Heineken-Ashi
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2:20p, 6/6/24
Eff it. In GME at $44.14, stop $42.50, target $50 EOD. Could be quick stop. But if it breaks up here, it could run.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
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McInnis 03
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In reply to Charismatic Megafauna • 2:20p, 6/6/24
AG
Well when you put it that way....

Flattery will get you everywhere
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nortex97
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In reply to Heineken-Ashi • 2:23p, 6/6/24
AG
LOLOL. This is how we watch the world burn. A video game store meme play while goof ball falls asleep at Normandy.
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McInnis 03
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2:25p, 6/6/24
AG
They sold off my Norwegian Cruise Lines to cover their GME purchases and I'm not even that mad.
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McInnis 03
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In reply to McInnis 03 • 2:25p, 6/6/24
AG
That's not what you said 30 minutes ago, loser.
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McInnis 03
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In reply to Heineken-Ashi • 2:28p, 6/6/24
AG
Heineken-Ashi said:
Eff it. In GME at $44.14, stop $42.50, target $50 EOD. Could be quick stop. But if it breaks up here, it could run.
You smell that boys?

THAT is the smell of FOMO.

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Heineken-Ashi
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In reply to McInnis 03 • 2:28p, 6/6/24
McInnis 03 said:
That's not what you said 30 minutes ago, loser.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
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spud1910
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In reply to Heineken-Ashi • 2:30p, 6/6/24
AG
I sold my $25c for 3.5 times what I paid. 12.5X that now!
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McInnis 03
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2:30p, 6/6/24
AG
TOS is showing GME IV for tomorrow at over 700% and you know that's going to crush at 10am with a livestream from a "roaring kitty".
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Brewmaster
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In reply to gougler08 • 2:32p, 6/6/24
AG
gougler08 said:
What % of cash is everyone sitting on these days? I'm at ~25% but outside of a few things, there just aren't many enticing entry points to me so I just keep having it sit there
about 80% cash. but that's mostly b/c I'm damned picky and don't hold losers. My cash is currently in a GME scalp. Let's just say it's going pretty awesome.
Up 50% this year on Heineken plays and scalps. AMC, GME, MARA - probably were my 3 biggest wins this year.

still recovering from bag holding penny stock turds, but getting there!
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Heineken-Ashi
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2:33p, 6/6/24
Moved up stop up to $46 and got stopped. That's about all I will do with stuff like this. Gonna buy a bottle of brown water with that money. Thinking Oban Little Bay. Been a while since I've had that one.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
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Heineken-Ashi
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2:35p, 6/6/24
See that 5min candle chop on CAVA? That's the good stuff when hoping for more downside.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
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McInnis 03
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2:35p, 6/6/24
AG
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McInnis 03
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In reply to Chef Elko • 2:37p, 6/6/24
AG
Chef Elko said:
I wish he would just exercise all 120,000 $GME 6/21 $20C today


I kind of wonder if he's gonna hit the exercise button live on the stream tomorrow
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Brewmaster
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In reply to Heineken-Ashi • 2:37p, 6/6/24
AG
Heineken-Ashi said:
Eff it. In GME at $44.14, stop $42.50, target $50 EOD. Could be quick stop. But if it breaks up here, it could run.
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Charismatic Megafauna
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In reply to McInnis 03 • 2:38p, 6/6/24
AG
McInnis 03 said:
Chef Elko said:
I wish he would just exercise all 120,000 $GME 6/21 $20C today


I kind of wonder if he's gonna hit the exercise button live on the stream tomorrow


Omg...
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