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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 05-29-2021, 12:44 PM   #9646
lewdog lewdog is offline
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Our social calendar in May has been loaded so not much time for charting and sharing here.

I’ll try to do some tomorrow.
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Old 05-29-2021, 02:08 PM   #9647
KChiefs1 KChiefs1 is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
This hit home for me. (AMC)

That’s hard to watch.
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Old 05-29-2021, 02:52 PM   #9648
lewdog lewdog is offline
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Put the kid of the tablet, gave him a popsicle and told him to "leave me alone!"

Got an hour of charting in and they lead me to some possible breakout charts. Heavy rotation to financial sector when looking through 500+ charts just now.

OMF- Breakout 58.12, Stop 55.41, 4.6% risk
CNA- Breakout 48.81, Stop 46.60, 4.5% risk
HON- Breakout 234, Stop 225.4, 3.6%
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Old 05-29-2021, 04:09 PM   #9649
Hog's Gone Fishin Hog's Gone Fishin is offline
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Oh you bet your ass I’m holding and gambling on AMC.
There's tons of talk about it going to 100K but who in the hell will be driving it past 1K ? I mean can you imagine buying a share at $5000 . Not me. Will the Hedgies be forced into that? I don't think so.
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Old 05-29-2021, 04:54 PM   #9650
lewdog lewdog is offline
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Originally Posted by Hog's Gone Fishin View Post
There's tons of talk about it going to 100K but who in the hell will be driving it past 1K ? I mean can you imagine buying a share at $5000 . Not me. Will the Hedgies be forced into that? I don't think so.
I’ll be out at $100/share.
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Old 05-29-2021, 04:59 PM   #9651
rydogg58 rydogg58 is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
There's tons of talk about it going to 100K but who in the hell will be driving it past 1K ? I mean can you imagine buying a share at $5000 . Not me. Will the Hedgies be forced into that? I don't think so.
That's the driving force of the 100k talk is that hedge funds will be paying it. What we are hoping happens is that after the vote/share count on June 2nd, if there is an abnormal amount if shares over the 500 million or so, that it will force a share recall. A share recall will force a closure on short positions. Nobody in their right mind would ever pay 5 grand for a share of AMC unless they are forced to.
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Old 05-29-2021, 05:39 PM   #9652
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Originally Posted by rydogg58 View Post
That's the driving force of the 100k talk is that hedge funds will be paying it. What we are hoping happens is that after the vote/share count on June 2nd, if there is an abnormal amount if shares over the 500 million or so, that it will force a share recall. A share recall will force a closure on short positions. Nobody in their right mind would ever pay 5 grand for a share of AMC unless they are forced to.
I dont think it'll ever get to that point. Uncle Sam will step in before that happens and save the hedge ****s.
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Old 05-30-2021, 09:42 AM   #9653
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KChiefs1 says he's putting $429k on AMC Tues morning. If true that should move the price a bit.
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Old 05-30-2021, 11:25 AM   #9654
Hog's Gone Fishin Hog's Gone Fishin is offline
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KChiefs1 says he's putting $429k on AMC Tues morning. If true that should move the price a bit.
Yep, him buying 16,500 shares should do wonders to the price.
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Old 05-30-2021, 11:35 AM   #9655
Hog's Gone Fishin Hog's Gone Fishin is offline
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I was looking at the options chain a while ago and was thinking HOLY SHIT! Look at all the contracts at $130 +.

Then I realized I was looking at AAPL.

****!
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Old 05-30-2021, 12:02 PM   #9656
Hog's Gone Fishin Hog's Gone Fishin is offline
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Old 05-31-2021, 06:41 AM   #9657
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I am in, looking to retire if this thing goes well
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Old 05-31-2021, 07:02 AM   #9658
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I am in, looking to retire if this thing goes well
And if it doesn’t, work another decade?
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Old 05-31-2021, 07:25 AM   #9659
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And if it doesn’t, work another decade?
^ Fun at parties.
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Old 05-31-2021, 08:25 PM   #9660
ghak99 ghak99 is offline
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JBS

Yesterday rumors flew that JBS had been hacked and shit was going to hit the fan on the live commodities side. Today they've quietly confirmed something did happen. The company has been raping and pillaging for months, and it's still green right now, but if people overreact and drive it down this week it might be worth watching as a cheap gamble.
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