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Old 06-27-2016, 11:23 AM  
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Old 01-26-2021, 01:05 PM   #6751
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Old 01-26-2021, 01:08 PM   #6752
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Old 01-26-2021, 05:08 PM   #6753
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Old 01-26-2021, 07:13 PM   #6754
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Surprised no one is talking about what's going on with gamestop and reddit.
I barely understand it, but it's kind of an indicator of how bizarre the stock market is right now.
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Old 01-26-2021, 08:08 PM   #6755
Nirvana58 Nirvana58 is offline
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I barely understand it, but it's kind of an indicator of how bizarre the stock market is right now.
Basically Robinhood and Reddit investors. Taking on the bears. Organizing and colluding on stocks. Sounds like AMC is the run tomorrow. If anyone wants to gamble.
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Old 01-26-2021, 08:43 PM   #6756
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AMC doesn't have the same institutional hyper shorting that GME had. I'm still in for 5 @ $8 / $0.87 (2/12)
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Old 01-26-2021, 08:45 PM   #6757
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Originally Posted by Nirvana58 View Post
Basically Robinhood and Reddit investors. Taking on the bears. Organizing and colluding on stocks. Sounds like AMC is the run tomorrow. If anyone wants to gamble.
I heard BB.
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Old 01-26-2021, 09:04 PM   #6758
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I heard BB.
BB is getting play but AMC is already up 66% after hours. Pretty sure that will be the main target tomorrow.
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Old 01-26-2021, 10:22 PM   #6759
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Originally Posted by Nirvana58 View Post
BB is getting play but AMC is already up 66% after hours. Pretty sure that will be the main target tomorrow.
There were 4 people at the entire AMC theatre tonight.

They are losing their ass right now.
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Old 01-26-2021, 10:33 PM   #6760
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I barely understand it, but it's kind of an indicator of how bizarre the stock market is right now.
It’s mostly options I think. I just tune in for the memes.

Basically GameStop is done. Ish. So it’s mostly shorting. Probably on low volume. So a bunch of YOLO ****ers on Reddit keep buying calls and making it go up.

And it’s working (this is where I’m guessing low volume comes in). So much so Cramer keeps talking about it.

Here’s not a bad breakdown. What it understates is that the redditors are “trolling” with real money. Which I’d argue isn’t trolling.

https://www.buzzfeednews.com/article...t-stock-shares
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Old 01-26-2021, 11:07 PM   #6761
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There were 4 people at the entire AMC theatre tonight.

They are losing their ass right now.
It's not about being an actual good company or Financials. It is more of a stick it to the man. To all the People who short stocks. That is why Gamestop is trading at 200.
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Old 01-26-2021, 11:13 PM   #6762
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It's not about being an actual good company or Financials. It is more of a stick it to the man. To all the People who short stocks. That is why Gamestop is trading at 200.
My understanding is that it's mostly a middle finger to Citron, who shorts stocks then puts out bad press to artificially drive the price down. Kind of hilarious, really.
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Old 01-26-2021, 11:14 PM   #6763
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Basically Robinhood and Reddit investors. Taking on the bears. Organizing and colluding on stocks. Sounds like AMC is the run tomorrow. If anyone wants to gamble.
It was kind of a GoFundMe for Gamestop, I think. People have good memories of it and are buying nostalgia.

Maybe it's time to short sell it. That would be rather ironic.
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Old 01-26-2021, 11:16 PM   #6764
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It was kind of a GoFundMe for Gamestop, I think. People have good memories of it and are buying nostalgia.

Maybe it's time to short sell it. That would be rather ironic.
I dunno man. They can run a long ass way. Some of those dudes are zealots.
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Old 01-27-2021, 07:34 AM   #6765
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