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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Old 03-23-2021, 02:06 PM   #8761
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Crypto is about to go into a 2-3 year flat. It's were it is in the current cycle. I will be exiting BTC soon.
Is that because of a halving coming up in a couple years? I was just about to put a few more thousand in.
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Old 03-23-2021, 02:12 PM   #8762
Hog's Gone Fishin Hog's Gone Fishin is offline
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Holy shit. Guess I need to do some DD on it, you seem awfully convinced.

Nah,It's just where my dart landed
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Old 03-23-2021, 02:16 PM   #8763
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Is that because of a halving coming up in a couple years? I was just about to put a few more thousand in.
The first two years of the cycle are usually when the price consolidates around a certain level and it looks like we are there. So price is now influenced more by demand than supply until the next halving in 2024 but will continue to rise, albeit at a much slower rate.
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Old 03-23-2021, 03:10 PM   #8764
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DD = finding a post on Reddit.
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Old 03-23-2021, 04:17 PM   #8765
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Dumped my remaining shares of GME at $180 today, made almost $15k on it overall. Now it'll probably moon in a couple weeks even after missing earnings today but I can't complain.

Undecided about what I'm going to do with AMC, will wait and see what it looks like premarket I guess. My average is a little over $9/share after averaging up a few times. The market manipulation on Fri really damaged my confidence on the squeeze play, there's not much of a point when you're up against a foe that doesn't have to play by the rules. There are a ton of people on Reddit, Stocktwits and Yahoo Finance talking naked shorts and are convinced this is just a setback and it will still moon eventually so I'm going to play it by ear. I do have a stop loss set with it @ $10 so worst case I still pocket a couple G's.

UWMC and CCIV will be long holds, UWMC will easily hit $13+ by EOY and I think CCIV will get back in the $40 range once Lucid starts moving some cars. My only other stock left after mass liquidation last week and yesterday is APHA which I'm currently down around $2/share on. But when they merge with TLRY soon I should turn a nice profit it on it as well.

Now looking for a play to YOLO my GME earnings on.
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Old 03-23-2021, 04:35 PM   #8766
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by MTG#10 View Post
Dumped my remaining shares of GME at $180 today, made almost $15k on it overall. Now it'll probably moon in a couple weeks even after missing earnings today but I can't complain.

Undecided about what I'm going to do with AMC, will wait and see what it looks like premarket I guess. My average is a little over $9/share after averaging up a few times. The market manipulation on Fri really damaged my confidence on the squeeze play, there's not much of a point when you're up against a foe that doesn't have to play by the rules. There are a ton of people on Reddit, Stocktwits and Yahoo Finance talking naked shorts and are convinced this is just a setback and it will still moon eventually so I'm going to play it by ear. I do have a stop loss set with it @ $10 so worst case I still pocket a couple G's.

UWMC and CCIV will be long holds, UWMC will easily hit $13+ by EOY and I think CCIV will get back in the $40 range once Lucid starts moving some cars. My only other stock left after mass liquidation last week and yesterday is APHA which I'm currently down around $2/share on. But when they merge with TLRY soon I should turn a nice profit it on it as well.

Now looking for a play to YOLO my GME earnings on.
Looks like you've been beaten by the Hedgies. Sad!
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Old 03-23-2021, 05:03 PM   #8767
Hog's Gone Fishin Hog's Gone Fishin is offline
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Looks like you've been beaten by the Hedgies. Sad!
Uh oh! Dumbass Chris says get the **** out of AMC NOW! Never heard him jump ship so strongly either.

https://youtu.be/VyAO8LfwXkY
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Old 03-23-2021, 05:07 PM   #8768
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Old 03-23-2021, 05:12 PM   #8769
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Same for me on AMC.

Any negative movement premarket and I'm ****ing done.

****ing piece of shit. I'll never go to one of their theaters ever again.
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Old 03-23-2021, 05:20 PM   #8770
MTG#10 MTG#10 is offline
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Originally Posted by Hog's Gone Fishin View Post
Looks like you've been beaten by the Hedgies. Sad!
Putting that dilution poll out right after what happened EOD Friday was completely ignorant and a nail in their own coffin. I blame the executives at AMC for this drop just as much as the hedgies.
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Old 03-23-2021, 05:31 PM   #8771
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Originally Posted by MTG#10 View Post
Dumped my remaining shares of GME at $180 today, made almost $15k on it overall. Now it'll probably moon in a couple weeks even after missing earnings today but I can't complain.

Undecided about what I'm going to do with AMC, will wait and see what it looks like premarket I guess. My average is a little over $9/share after averaging up a few times. The market manipulation on Fri really damaged my confidence on the squeeze play, there's not much of a point when you're up against a foe that doesn't have to play by the rules. There are a ton of people on Reddit, Stocktwits and Yahoo Finance talking naked shorts and are convinced this is just a setback and it will still moon eventually so I'm going to play it by ear. I do have a stop loss set with it @ $10 so worst case I still pocket a couple G's.

UWMC and CCIV will be long holds, UWMC will easily hit $13+ by EOY and I think CCIV will get back in the $40 range once Lucid starts moving some cars. My only other stock left after mass liquidation last week and yesterday is APHA which I'm currently down around $2/share on. But when they merge with TLRY soon I should turn a nice profit it on it as well.

Now looking for a play to YOLO my GME earnings on.
I'm holding onto the AMC its a pure gamble play for me, but at some point I'll have to decide to get out maybe I'll give it another month or so.
Not like I have a whole lot of money in it. Maybe 350 dollars of stimulus money. My other three stocks that I have in this speculation portfolio aren't doing much better but it will change I'm confident.
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Old 03-23-2021, 05:36 PM   #8772
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My little dip into what you guys do has been full of suck. Of my $2K buy in, I'm left with $661.64.
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Old 03-23-2021, 05:46 PM   #8773
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We all knew that stock in particular carried a lot of risk I'm not going to blame anyone I'm an adult. And who's to say it won't take off eventually we'll see.
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Old 03-23-2021, 05:50 PM   #8774
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Old 03-23-2021, 05:54 PM   #8775
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We all knew that stock in particular carried a lot of risk I'm not going to blame anyone I'm an adult. And who's to say it won't take off eventually we'll see.
It's still mirroring GME earlier and that bounced up pretty well and I know that doesn't mean jack crap either.
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