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Buy a 2022 $10 put and I'm sure you'll see a ten bagger by summer.Happy for them, but I’m definitely keeping it on the watchlist for short potential.
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
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If you buy GME up here you will lose all of your money. Understand that. Reddit just squeezed citron out of his position. Think about that.
this is terrible for the market.
we are topping.
this is terrible for the market.
we are topping.
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trimmed jmia, ftch, dkng and pgny. not touching se shop roku tdoc. raising money because this is topping action idc. I may be a year early but I want to be ready.
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I'm ok with it. Andrew Left should not have the ability to move the market with a tweet like he often does.
His hit pieces are such trash DD. I see better DD on Reddit
And Citron is Andrew Left. Not some organization with sophisticated market research and insight.
The market will be fine
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My order finally filled at 2.25. I bumped the price one cent higher than the next highest bid. Let's ride this roller coaster all the way!
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I follow this thread and I learn from the experts in here. Today however I went with “the mob” I guess and I bought GME this morning. Bought 2 contracts both expiring today, bought them at market open for real cheap.
Sold for over 4K. Returns will never happen on a $300 option, but it feels good to be on this side of the fence and I’m happy I sold when I did because it said suspended right after
Sold for over 4K. Returns will never happen on a $300 option, but it feels good to be on this side of the fence and I’m happy I sold when I did because it said suspended right after
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So basically a guy not talking about gme is the reason why gme is up astronomically
no one man should have all that power lol
no one man should have all that power lol
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If you think action like this normal, acceptable or fine, best of luck. Levels of this kind of euphoria are topping signals that often come before the market shows you its weaknesses. Best of luck.
Majorbread
formerly 40inchboost
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Saw the thread on WSB last night and thought about hopping in at 45 or so this morning but opted out. congrats to those on a quick flip don't get caught holding the bag
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I had 20 shares of GME when it was under $5 back in march and sold in june last year.
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Wife had around $4....told her grab your money and sell end of dec around $20 gave me half serious side eye earlier todayI had 20 shares of GME when it was under $5 back in march and sold in june last year.
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You did nothing wrong. This is not normal.I had 20 shares of GME when it was under $5 back in march and sold in june last year.
Bot stock market crash protection. March 19 SPY put spread 295-290 for .11
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Yeap that doesn’t happen at all
SPY would have to fall $40+ for something like that just to put it in perspectiveI understand them suspending option contracts because the strike price Wasn’t available in the money at all
This happened as a toll to Cintron
That’s why I believe these dudes with a following should just **** out here
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Oh **** I forgot about the 4 GME shares I have in robinhood Up to $229 total in there now. All starting from a single ****ing free ZNGA stock.
Up to $229 total in there now. All starting from a single ****ing free ZNGA stock.
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Market has not been normal since March 2020. The euphoria dates to back then.
But all of a sudden this GME craze is the one that does it in??
I have no horse in this race. I'm not in GME and don't plan to get in as I do not understand it. Even I wouldn't buy MSFT if it runs 50% in a day
But it goes back to this. You didn't consider it bad for the market when Left could tweet out a hit piece and immediately sink stock with less DD than a YouTuber
My point is that we've given these so called experts too much credit and now that the curtain has been unveiled, we now realize that no one really knows shxt.
Just my take
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GME cup of tears anyone?
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How Chaotic Redditors Made GameStop Stock Skyrocket (and Made Short Sellers Cry)
A 'short squeeze' on GME stock has driven its price through the roof and lots of reddit gamblers seem to have gotten rich.
www.vice.com
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Left has been doing this for years, short sellers with hit pieces has been done for years. A group of idiots sitting on their phones squeezing hedge funds and idiots on TikTok saying it’s easy you just buy a stock when it goes up and sell it when it goes down and you make money easily are all signs of topping euphoria that are incredibly dangerous for the long term health of the market. These are warning signs.
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And I want to make it abundantly clear I am very long and staying very long. Just trimmed slightly in areas I felt were a little extended. My biggest investments were not touched at all. And any weakness that cash will flow right back into my best positions.
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I think we just see things differently on some of this. Think I'll leave it there.
All good though!
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This is where I need to improve on.
I'm so afraid of loosing out that I don't want to trim, or I will set a boundaries and when they over fill I stay locked in because FOMO, or it dips dramatically and I lose money.
I know, beginner ****.
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This is what works for me: I only own stocks that if they fell 50% tomorrow for no fundamental reason, I’d be excited to buy more of and I have my long term core of stocks that I think can 3-5x from here at minimum that have the entire world as their customer potentially. then I have my stocks that are great growth stories but their TAM isnt as large and their risk level is a little higher and I’ll trim those slightly, I’m talking 5 shares or to get it back to ~$1,000 allocation when they’re overextended and I’m feeling uneasy about the market to raise cash and lock in a few bucks. I’ll leave them on for as long as their earnings and revenue growth is good and if they go lower, I’d buy back what I sold. And if they go higher, I live with my decision and sit on my cash until I find a good opportunity for it. The key here tbh is to only own quality and know that I can wait 5 years for this to mature and if it goes down in half tomorrow for no reason I can be excited to buy more because I’m getting a deal. If I’m strictly trading, then I use a tight stop and never think twice to sell.This is where I need to improve on.
I'm so afraid of loosing out that I don't want to trim, or I will set a boundaries and when they over fill I stay locked in because FOMO, or it dips dramatically and I lose money.
I know, beginner ****.
