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#6841 | |
Tossed Salad & Scrambled Eggs
Join Date: Jan 2009
Location: ATX & OPKS
Casino cash: $501996
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Alright dawgs. I'm in this bitch, too, now. Only in here bc I trust some of my CP homies.
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I just setup a Webull account, and joined Reddit to follow along with the Wallstreetbets thread silently lurking. I'm going to pre-load my account with ~$3,000 once it is approved. I think the play I'll make is $1.5k in NOK, $1.5k in AMC. What should expect to happen? What should I do differently?
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Posts: 19,940
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#6842 | |
Veteran
Join Date: Oct 2002
Location: Bismarck
Casino cash: $1048196
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Posts: 1,262
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#6843 | |
Tossed Salad & Scrambled Eggs
Join Date: Jan 2009
Location: ATX & OPKS
Casino cash: $501996
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I think I'd rather do a volume play with $3k total and hope the same thing happens to AMC ($20) or NOK ($7), buy a large number of shares and hope they balloon up to ~$100 and dip out. Bad idea?
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#6844 | |
Champs!
Join Date: Mar 2004
Location: Kansas City
Casino cash: $5288476
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Quote:
I wouldn't put a LOT of cash/dough on those, but if you got some loose money/free money to toss around, can't hurt to throw some there. Just my thought.
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Posts: 53,373
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#6845 | |
Veteran
Join Date: Oct 2002
Location: Bismarck
Casino cash: $1048196
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Posts: 1,262
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#6846 | |
Tossed Salad & Scrambled Eggs
Join Date: Jan 2009
Location: ATX & OPKS
Casino cash: $501996
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Quote:
Now if it does balloon and I feel good with the return, I’ll trigger a pull out.
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#6847 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $430477
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Check this shit out
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Posts: 40,721
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#6848 |
Veteran
Join Date: Oct 2002
Location: Bismarck
Casino cash: $1048196
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I was talking to a friend of mine about AMC earlier today. He put 2 grand into it at 17.50 a share and was trying to figure out an exit strategy. I told him that the 2 grand isn't going to kill him if he loses it all, and he's already on this ride for the fun so why not set a wide stop loss and just see where it goes. That's my best advice for you on this, enjoy the ride but don't be careless enough to not set a stop loss.
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Posts: 1,262
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#6849 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $621900
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They are looking at halting trading on these. Be very careful. That money could be gone quickly if they start regulating this (which they’re trying).
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Posts: 46,019
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#6850 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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WSB is consolidating and focusing their efforts towards GME. The squeeze should start Friday and and should take the week to complete. Be wary, as Lewdog said. Nasdaq is talking about halting under the guise of unusual trading needing an investigation. But it's a ploy benefiting Wallstreet. It's a small war right now and there will be some pissed off kids if they do this. So I'm reading.
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Posts: 53,803
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#6851 | ||
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1014734
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But (at least the ****ers on WSB believe) Citrion shorts stocks, then releases negative press releases about the company and tries to drive the price down. Now apparently they’re trying to do the same thing to WSB and (apparently) posting videos claiming to be WSB investors saying they’re getting out, trying to stem the tide. As a dude selling commodities, market manipulating by big players is a sensitive subject for fat boy here. Quote:
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Posts: 57,558
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#6852 | |
MVP
Join Date: Sep 2004
Location: San Diego, CA
Casino cash: $913342
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Posts: 5,161
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#6853 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Croc alert! Back seat.
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Posts: 53,803
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#6854 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $988244
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Am I understanding correctly that AMC, NOK, and BB are meme/hype plays and are not being driven by massive shorts like GME? If so, that seems like a critical difference in what's driving the run ups. There seems to be a sentiment on WSB that these are distraction plays to keep money out of GME.
I don't remember this being covered in my investments class in business school. |
Posts: 34,776
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#6855 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $988244
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RH currently "encountering an error" when trying to search for GME, AMC, and BB
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Posts: 34,776
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