Money Investing megathread extravaganza - Page 659

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Anyong Bluth** · 06-04-2021, 07:21 PM

Quote:

Originally Posted by KChiefs1

My broker is trying to get me on Samsara Luggage(SAML). They supposedly have new technology in luggage that he says will make it a good buy.

He’s been on me for a month to buy it.

They were 178 in '19, cratered & jumped to 31, and now $5...
I'm not seeing the angle. What exactly is the tech? Luggage brands in general have bled, flooded with cheap imports.

KCUnited · 06-04-2021, 07:22 PM

We speaking in Socrates about stocks now.

Stock proverbs and shit.

**Anyong Bluth** · 06-04-2021, 07:23 PM

Quote:

Originally Posted by eDave

As I've said before, if you hear about a meme stock on the internet, it's already too late.

Some truth. I bought AMC before I heard a single thing about it being a meme. Simply made a play on AMC and Hertz. Ended up 800% on Hertz, and 340% on AMC.

MTG#10 · 06-04-2021, 07:31 PM

Quote:

Originally Posted by eDave

As I've said before, if you hear about a meme stock on the internet, it's already too late.

You've said it before, you were wrong then and still are. I have made thousands to prove it and many others have too. I mean shit, AMC's 800% plus gains since I first brought it up here should be enough for you.

ClearmontChief · 06-04-2021, 07:41 PM

I’ve made a lot of $ just playing hunches on what’s going on in the world AND investing in what you know. I’m an IT guy, Cisco, AMD, NVDA all played very nicely before new game console releases. Early Covid, bought Moderna at 41, sold for 149. Sure, it’s 195 now...but, pigs get fed, hogs get slaughtered. Oil, was a good move. I bought Airlines, AA, UA, DAL, Southwest all around end of 2020...folks are going to travel, as soon as they can. Not bragging, just play hunches. Lost 35K trying to time pot stocks.

Iconic · 06-04-2021, 07:44 PM

BB is going to the moon it's hype is as strong as GME and AMC at the moment

MTG#10 · 06-04-2021, 07:48 PM

Quote:

Originally Posted by Anyong Bluth

BB was an astroturf to divide fomo. Regardless of its potential, it was pushed and propped up green in a sea of red as a pump beacon this week .

GME backers said the same about AMC in late January.

Halfcan · 06-04-2021, 08:01 PM

Quote:

Originally Posted by eDave

As I've said before, if you hear about a meme stock on the internet, it's already too late.

I guess that is how to invest in 2021- don't worry if the company is bleeding money, buy it and hope it gets manipulated into a win for you.

rydogg58 · 06-04-2021, 08:03 PM

As further proof that most people that trade in stocks, shouldn't, I give you AMCX. Apparently a lot of new people didn't even bother to look twice when they were trying to buy AMC. In the past 5 days AMCX has seen an almost 40% gain. Of course, TD Ameritrade attributes this to "Shares of several companies in the broader media sector are trading higher in sympathy with the overall market following better-than-expected May unemployment data, which boosted sentiment economic comeback sentiment."

Of course it's unemployment data and not stupidity and laziness.

rydogg58 · 06-04-2021, 08:09 PM

Quote:

Originally Posted by MTG#10

You've said it before, you were wrong then and still are. I have made thousands to prove it and many others have too. I mean shit, AMC's 800% plus gains since I first brought it up here should be enough for you.

Yeah, I disagree also. I made a LOT off of AMC, and it's been discussed to death all across the internet since January.

eDave · 06-04-2021, 08:15 PM

Quote:

Originally Posted by Anyong Bluth

Some truth. I bought AMC before I heard a single thing about it being a meme. Simply made a play on AMC and Hertz. Ended up 800% on Hertz, and 340% on AMC.

Quote:

Originally Posted by MTG#10

You've said it before, you were wrong then and still are. I have made thousands to prove it and many others have too. I mean shit, AMC's 800% plus gains since I first brought it up here should be enough for you.

Quote:

Originally Posted by Halfcan

I guess that is how to invest in 2021- don't worry if the company is bleeding money, buy it and hope it gets manipulated into a win for you.

Quote:

Originally Posted by rydogg58

Yeah, I disagree also. I made a LOT off of AMC, and it's been discussed to death all across the internet since January.

It's just me still butthurt over GME and CCIV. I've more than made up for that with AMC, but I bought way back at 13.43 with what I had left over from the aforementioned failures. But I've got my eye out for ****ery with this one too.

MTG#10 · 06-04-2021, 08:23 PM

Quote:

Originally Posted by eDave

It's just me still butthurt over GME and CCIV. I've more than made up for that with AMC, but I bought way back at 13.43 with what I had left over from the aforementioned failures. But I've got my eye out for ****ery with this one too.

What was your average price on GME?

rydogg58 · 06-04-2021, 08:23 PM

Quote:

Originally Posted by eDave

It's just me still butthurt over GME and CCIV. I've more than made up for that with AMC, but I bought way back at 13.43 with what I had left over from the aforementioned failures. But I've got my eye out for ****ery with this one too.

Lots of ****ery to be had still. I say the best chance it has for another big jump is June 18th. I'm not holding my breath, but if nothing by then I'm selling everything I've got left, which isn't a lot.

Halfcan · 06-04-2021, 08:25 PM

Quote:

Originally Posted by eDave

It's just me still butthurt over GME and CCIV. I've more than made up for that with AMC, but I bought way back at 13.43 with what I had left over from the aforementioned failures. But I've got my eye out for ****ery with this one too.

Why don't you start doing an in-depth financial analysis of the companies you are thinking about investing in?

eDave · 06-04-2021, 08:33 PM

Quote:

Originally Posted by Halfcan

Why don't you start doing an in-depth financial analysis of the companies you are thinking about investing in?

Because, other than this meme triad, I'm not an investor in individual stocks.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $66899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,545

06-04-2021, 07:22 PM	#9872
KCUnited Cheat Death Join Date: Nov 2007 Location: Land of Drincoln Casino cash: $328244	We speaking in Socrates about stocks now. Stock proverbs and shit.
Posts: 35,533

06-04-2021, 07:41 PM	#9875
ClearmontChief Starter Join Date: Sep 2000 Location: Glenwood, Iowa Casino cash: $9934930	I’ve made a lot of $ just playing hunches on what’s going on in the world AND investing in what you know. I’m an IT guy, Cisco, AMD, NVDA all played very nicely before new game console releases. Early Covid, bought Moderna at 41, sold for 149. Sure, it’s 195 now...but, pigs get fed, hogs get slaughtered. Oil, was a good move. I bought Airlines, AA, UA, DAL, Southwest all around end of 2020...folks are going to travel, as soon as they can. Not bragging, just play hunches. Lost 35K trying to time pot stocks.
Posts: 288

06-04-2021, 07:44 PM	#9876
Iconic It's just a ride. Join Date: Dec 2010 Casino cash: $3400360	BB is going to the moon it's hype is as strong as GME and AMC at the moment __________________ 12·12·11 回 RIP Turd Haley
Posts: 7,642	1 0

06-04-2021, 08:03 PM	#9879
rydogg58 Veteran Join Date: Oct 2002 Location: Bismarck Casino cash: $388196	As further proof that most people that trade in stocks, shouldn't, I give you AMCX. Apparently a lot of new people didn't even bother to look twice when they were trying to buy AMC. In the past 5 days AMCX has seen an almost 40% gain. Of course, TD Ameritrade attributes this to "Shares of several companies in the broader media sector are trading higher in sympathy with the overall market following better-than-expected May unemployment data, which boosted sentiment economic comeback sentiment." Of course it's unemployment data and not stupidity and laziness.
Posts: 1,368