Nobu
[H]F Junkie
- Joined
- Jun 7, 2007
- Messages
- 10,082
I'm in for AMC tomorrow, making a small bet and hoping a morning slump will make it smaller. I'm too poor to bet on gme right now, up or down.
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I'm in for AMC tomorrow, making a small bet and hoping a morning slump will make it smaller. I'm too poor to bet on gme right now, up or down.
Its called "naked shorting" and is illegal since after the 2008-9 crash. Bookkeeping discrepancies and loopholes can allow this to happen.I'm not saying anything about buying stocks on margin, I'm talking about short selling more stocks than what exist.
That article got it wrong because it is only using the latest images. DFV started with about $50k about 18mos ago or so. That shows $750k because he closed earlier positions (calls expiring) and rerolled profits from that into this one, and I'm pretty sure he didn't use anywhere near all his winnings, so it was really $48m + those other profits.
I'd be careful with DOGE. It's VERY easy to generate DOGE and it's not capped. I got out at the top last night, made 8x. I'm happy. It was just a very small investment. So yeah - if you wanna let $25, $50, $100 ride that you can afford to completely lose - go nuts.Keep an eye on Dogecoin (the meme cryptocurrency) that spiked HUGE yesterday and the prediction is the same or greater thing will happen today or through the weekend, as part of this whole mess - lots of people messing with crypto as a flipside to this whole frustration with Robinhood/ GSE etc. Even Elon Musk and others mentioned Dogecoin etc. Though there were still some dips overnight its still a massive gain and projected to go higher.Anyone who bought when it was at fractions of cents are up a ton as its worth cents (between $0.04-5 currently, and went up to 0.08 last night. ). If things go well we'll see a repeat of this at least today, ideally $0.10+ and true believers are pushing for $1 over days / months.
I'd be careful with DOGE. It's VERY easy to generate DOGE and it's not capped. I got out at the top last night, made 8x. I'm happy. It was just a very small investment. So yeah - if you wanna let $25, $50, $100 ride that you can afford to completely lose - go nuts.
I think it is definitely worth it (after yesterday's pardigm shift with the GME manipulation, now Elon further behind BTC, etc.) to put money into BTC, ETH...
It's a coin and you can buy fractions. I only own hundreds of dollars in BTC. Not a big baller. I only invest what I can afford to completely lose.If I an reading this correctly (i have not delved into stocks, yet...) BTH is currently ~37000 bucks a piece? Jesus, I doubt many average Redditors would have that much to gamble on a bitcoin stocks.
It's a coin and you can buy fractions. I only own hundreds of dollars in BTC. Not a big baller. I only invest what I can afford to completely lose.
It's a coin and you can buy fractions. I only own hundreds of dollars in BTC. Not a big baller. I only invest what I can afford to completely lose.
It is not as simple as waving their hand and issuing stock. There is a process and approval that takes time. Of course there could be blatant corruption and it gets sped through but with how high the price is currently I doubt they could release enough to bail out the shorts.Get ready for GameStop to pull an AMC and issue a farkload of new stock :/
https://www.fool.com/investing/2021/01/29/should-gamestop-help-the-shorts-and-issue-more-sto/
https://www.zerohedge.com/markets/gamestop-soars-500-most-shorted-stocks-resume-surge?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+zerohedge/feed+(zero+hedge+-+on+a+long+enough+timeline,+the+survival+rate+for+everyone+drops+to+zero)
Get ready for GameStop to pull an AMC and issue a farkload of new stock :/
https://www.fool.com/investing/2021/01/29/should-gamestop-help-the-shorts-and-issue-more-sto/
https://www.zerohedge.com/markets/gamestop-soars-500-most-shorted-stocks-resume-surge?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+zerohedge/feed+(zero+hedge+-+on+a+long+enough+timeline,+the+survival+rate+for+everyone+drops+to+zero)
Be cautious of doge. Dont underestimate the staggering amounts some people hold of it from the past and it will not experiance much resistance when they cash in
Its called "naked shorting" and is illegal since after the 2008-9 crash. Bookkeeping discrepancies and loopholes can allow this to happen.
I asked everyone and the answer is yes.Am I the only person who wishes this movement to "stick it to the man" was for any other company than shitty Gamestop?
It's a pump and dump, but a better short squeeze than GME if people realize it.I can't decide if AMC is a pump and dump in motion, or there's some logic helping drag it upwards - perhaps a bit of both
I suppose they could always learn to code, or how to install solar panels.I love how all the corporate big wigs are furious about the little guys making money. "They took our jobs!"
Am I the only person who wishes this movement to "stick it to the man" was for any other company than shitty Gamestop?
Ahahahaha! Or they could learn how to be pipe fitters....wait.or how to install solar panels.
(chuckles in my cup)
I think it's perfect. It's as outdated as we are, right?I don't think anyone has any particular love for Gamestop, but the meme potential was just too good.
They also need to cut out the Starbucks and pull themselves up by their bootstraps. /sI suppose they could always learn to code, or how to install solar panels.
(chuckles in my cup)
They really should now consider changing their company's name to Gamestock.