REVscene Automotive Forum

REVscene Automotive Forum (https://www.revscene.net/forums/)
-   The Business and Financial Forum (https://www.revscene.net/forums/business-financial-forum_303/)
-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

whitev70r 01-19-2021 10:10 AM

BB is sizzling today.

sonick 01-19-2021 04:03 PM

CCIV popping after hours

MelonBoy 01-19-2021 07:00 PM

sens went to the moon.. I sold on the dip this morning.. RIP


Crying in regratsFeelsBadMan

Razor Ramon HG 01-22-2021 08:45 AM

GME halted at 69%, lmfao.

eclipseman 01-22-2021 08:49 AM

Gamestop making history lol. Truly got lucky here, got in at $17 and change.

sonick 01-22-2021 09:58 AM

WSB redditors trolling the entire stock market.

unit 01-22-2021 11:36 AM

bought bb at 9.45 and it started popping off the very next day..

whitev70r 01-22-2021 11:43 AM

^ you're lucky. I had BB since 2019 and had to wait ... it went from one of my worst performing ones to one of the best.

rawr 01-22-2021 02:02 PM

up 20k today

threezero 01-22-2021 04:14 PM

market is going ham. Anybody else's non investing friend making double to triple digit gains without knowing anything about market?

So much money flowing in the small caps

This can't end good….

ilovebacon 01-22-2021 04:32 PM

EV sector is going to go up now that Biden is in the house!

see.lai 01-22-2021 06:21 PM

Debating on starting a new account strictly for WSB trades.
Getting trolled with Game stop.:pokerface:

kobe tai 01-23-2021 08:59 AM

Anyone holding GEVO? Im up almost 100k on it in January lol

bcedhk 01-23-2021 09:49 AM

Quote:

Originally Posted by see.lai (Post 9015114)
Debating on starting a new account strictly for WSB trades.
Getting trolled with Game stop.:pokerface:

Likely outcome for Monday's posts on WSB reddit with all the BB talk

1. IM A MILLIONARE!
2. I just lost all 80% of my life savings....

Twi7ch 01-23-2021 10:17 AM

Quote:

Originally Posted by bcedhk (Post 9015148)
Likely outcome for Monday's posts on WSB reddit with all the BB talk



1. IM A MILLIONARE!

2. I just lost all 80% of my life savings....

This is the way

Razor Ramon HG 01-23-2021 12:10 PM

Quote:

Originally Posted by Twi7ch (Post 9015150)
This is the way

Sir, this is a casino.

Bought some BB earlier in the week when it started trending on WSB, already up 25%.

Sold some GME at $16 for some other short term plays. Wasn't anticipating Ryan Cohen to end up on the board so fast with two former Chewy execs. Ended up buying back at a bit over double the price.

Kappa

WSB is options heavy, but I think as long as you buy shares, the downside is quite minimal.

RevYouUp 01-23-2021 12:52 PM

The fomo on GME is real, tempted to buy shares on Monday..

Mr.Money 01-23-2021 02:44 PM

Yikes i know people are joking but when i was brand new into stock's i would place my bet "all in one"

just cause of good news ahead of the curve, now that's a risk and a stupid one looking back.

threezero 01-24-2021 12:42 PM

Short squeeze is a pump and dump game, you need a greater fool to buy your bags to exit.

GME is going to make many new millionaire and also bankrupt many lol.

Getting in now is trying to time the top. The drop will be spectacular when people realize nobody actually want their GME share at insane price and all the pumper on WSB that tell you to keep buying! Just hodl. Buy more we going to hit $1000!!!

They exited when the herd is bidding the share up in a frenzy and there is no one to take you bags when you want to exit lol.

Razor Ramon HG 01-24-2021 04:14 PM

The whole play behind GME is to get institutional shorts to cover or be margin called.

That huge spike on Friday from 55 to 75 was supposedly one margin call, so imagine what would happen if an even larger margin call was to happen or a hedge fund decides to call it quits?

Shorts already lost 800 million on Wednesday when the price was $40, so I can't imagine how much they're losing now that the price has rocketed to $60+ with rising borrow rates. Short interest is still over 100%.

My take on the situation:
  • Price of GME will continue to go up as people buy shares and calls
  • People buying OTM calls will continue to force gamma squeezes
  • Shorts will cover or get margin called here and there
  • Rinse and repeat until some major event happens

With every call expiring ITM on Friday, we're already seeing a nice wealth transfer from institutions to retail investors. This is pretty historic IMO.

eclipseman 01-25-2021 06:25 AM

GME hits $136 premarket, and hovering at $110 right now.

The squeeze has still not happened.

whitev70r 01-25-2021 07:50 AM

BB shot up again ... going parabolic. When is it time to get off the roller coaster?

unit 01-25-2021 07:53 AM

that's a good question... maybe it's a good time to think about warren buffets advice about being fearful when others are greedy? i'm still hanging on for now but don't want to ride it out for too long

whitev70r 01-25-2021 08:21 AM

^ took the conservative approach, sold half, take the gains and see what happens.

Razor Ramon HG 01-25-2021 08:24 AM

Quote:

Originally Posted by whitev70r (Post 9015375)
BB shot up again ... going parabolic. When is it time to get off the roller coaster?

https://www.marketwatch.com/story/bl...=mw_quote_news

Kappa


All times are GMT -8. The time now is 06:49 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net