REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Vancouver LifeStyles (VLS) > The Business and Financial Forum

The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance.

Reply
 
Thread Tools
Old 01-19-2021, 10:10 AM   #10826
I subscribe to the Fight Club ONLY
 
Join Date: Nov 2002
Location: 604
Posts: 7,252
Thanked 4,002 Times in 1,907 Posts
BB is sizzling today.
Advertisement
whitev70r is offline   Reply With Quote
Old 01-19-2021, 04:03 PM   #10827
RS.net, helping ugly ppl have sex since 2001
 
sonick's Avatar
 
Join Date: Oct 2005
Location: Revscene
Posts: 9,288
Thanked 7,178 Times in 2,408 Posts
CCIV popping after hours
__________________
Quote:
Originally Posted by skyxx View Post
Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good!
2010 Toyota Rav4 Limited V6 - Wifey's Daily Driver
2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
1999 Mazda Miata - Sold
2003 Mazda Protege5 - Sold
1987 BMW 325is - Sold
1990 Mazda Miata - Sold

100% Buy and Sell Feedback
sonick is offline   Reply With Quote
Old 01-19-2021, 07:00 PM   #10828
My homepage has been set to RS
 
MelonBoy's Avatar
 
Join Date: Oct 2005
Location: Vancouver
Posts: 2,146
Thanked 276 Times in 108 Posts
sens went to the moon.. I sold on the dip this morning.. RIP


Crying in regrats
__________________
Quote:
Originally Posted by getalove View Post
i took a shit in the shower and i tried to use my heel to push it down the drain
MelonBoy is offline   Reply With Quote
Old 01-22-2021, 08:45 AM   #10829
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,242
Thanked 3,215 Times in 1,398 Posts
GME halted at 69%, lmfao.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is offline   Reply With Quote
Old 01-22-2021, 08:49 AM   #10830
I don't get it
 
Join Date: Jan 2007
Location: vac
Posts: 449
Thanked 263 Times in 96 Posts
Gamestop making history lol. Truly got lucky here, got in at $17 and change.
eclipseman is offline   Reply With Quote
Old 01-22-2021, 09:58 AM   #10831
RS.net, helping ugly ppl have sex since 2001
 
sonick's Avatar
 
Join Date: Oct 2005
Location: Revscene
Posts: 9,288
Thanked 7,178 Times in 2,408 Posts
WSB redditors trolling the entire stock market.
__________________
Quote:
Originally Posted by skyxx View Post
Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good!
2010 Toyota Rav4 Limited V6 - Wifey's Daily Driver
2009 BMW 128i - Daily Driver
2007 Toyota Rav4 Sport V6 - Sold
1999 Mazda Miata - Sold
2003 Mazda Protege5 - Sold
1987 BMW 325is - Sold
1990 Mazda Miata - Sold

100% Buy and Sell Feedback
sonick is offline   Reply With Quote
Old 01-22-2021, 11:36 AM   #10832
SFICC-03*
 
Join Date: Mar 2002
Location: richmond
Posts: 8,063
Thanked 2,456 Times in 989 Posts
bought bb at 9.45 and it started popping off the very next day..
unit is offline   Reply With Quote
Old 01-22-2021, 11:43 AM   #10833
I subscribe to the Fight Club ONLY
 
Join Date: Nov 2002
Location: 604
Posts: 7,252
Thanked 4,002 Times in 1,907 Posts
^ 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.
whitev70r is offline   Reply With Quote
Old 01-22-2021, 02:02 PM   #10834
RS.net, where our google ads make absolutely no sense!
 
Join Date: Jan 2010
Location: rawr
Posts: 927
Thanked 1,324 Times in 249 Posts
up 20k today
rawr is offline   Reply With Quote
Old 01-22-2021, 04:14 PM   #10835
OMGWTFBBQ is a common word I say everyday
 
threezero's Avatar
 
Join Date: Jan 2005
Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
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….
threezero is offline   Reply With Quote
Old 01-22-2021, 04:32 PM   #10836
My homepage has been set to RS
 
ilovebacon's Avatar
 
Join Date: Jan 2012
Location: vancouver
Posts: 2,441
Thanked 1,755 Times in 544 Posts
EV sector is going to go up now that Biden is in the house!
ilovebacon is offline   Reply With Quote
Old 01-22-2021, 06:21 PM   #10837
Diagonally parked in a parallel universe
 
see.lai's Avatar
 
Join Date: Apr 2011
Location: Vancouver
Posts: 1,414
Thanked 710 Times in 343 Posts
Debating on starting a new account strictly for WSB trades.
Getting trolled with Game stop.
__________________
15" 328i Wagon
see.lai is offline   Reply With Quote
This post thanked by:
Old 01-23-2021, 08:59 AM   #10838
Need my Daily Fix of RS
 
Join Date: Feb 2010
Location: edmonton
Posts: 298
Thanked 935 Times in 177 Posts
Anyone holding GEVO? Im up almost 100k on it in January lol
kobe tai is offline   Reply With Quote
Old 01-23-2021, 09:49 AM   #10839
RS has made me the bitter person i am today!
 
bcedhk's Avatar
 
Join Date: May 2005
Location: 604
Posts: 4,501
Thanked 1,726 Times in 546 Posts
Quote:
Originally Posted by see.lai View Post
Debating on starting a new account strictly for WSB trades.
Getting trolled with Game stop.
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....
bcedhk is offline   Reply With Quote
Old 01-23-2021, 10:17 AM   #10840
NOOB, Not Quite a Regular!
 
Join Date: Oct 2016
Posts: 41
Thanked 82 Times in 22 Posts
Quote:
Originally Posted by bcedhk View Post
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
Twi7ch is offline   Reply With Quote
Old 01-23-2021, 12:10 PM   #10841
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,242
Thanked 3,215 Times in 1,398 Posts
Quote:
Originally Posted by Twi7ch View Post
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.



WSB is options heavy, but I think as long as you buy shares, the downside is quite minimal.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is offline   Reply With Quote
Old 01-23-2021, 12:52 PM   #10842
My homepage has been set to RS
 
RevYouUp's Avatar
 
Join Date: Nov 2008
Location: vancouver
Posts: 2,242
Thanked 2,474 Times in 543 Posts
The fomo on GME is real, tempted to buy shares on Monday..
RevYouUp is offline   Reply With Quote
Old 01-23-2021, 02:44 PM   #10843
Rs has made me the woman i am today!
 
Mr.Money's Avatar
 
Join Date: Jan 2011
Location: Vancouver DT
Posts: 4,314
Thanked 2,796 Times in 915 Posts
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.
__________________
Fly Your Own Flag.
Mr.Money is offline   Reply With Quote
Old 01-24-2021, 12:42 PM   #10844
OMGWTFBBQ is a common word I say everyday
 
threezero's Avatar
 
Join Date: Jan 2005
Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
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.
threezero is offline   Reply With Quote
Old 01-24-2021, 04:14 PM   #10845
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,242
Thanked 3,215 Times in 1,398 Posts
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.
__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is offline   Reply With Quote
Old 01-25-2021, 06:25 AM   #10846
I don't get it
 
Join Date: Jan 2007
Location: vac
Posts: 449
Thanked 263 Times in 96 Posts
GME hits $136 premarket, and hovering at $110 right now.

The squeeze has still not happened.
eclipseman is offline   Reply With Quote
Old 01-25-2021, 07:50 AM   #10847
I subscribe to the Fight Club ONLY
 
Join Date: Nov 2002
Location: 604
Posts: 7,252
Thanked 4,002 Times in 1,907 Posts
BB shot up again ... going parabolic. When is it time to get off the roller coaster?
whitev70r is offline   Reply With Quote
Old 01-25-2021, 07:53 AM   #10848
SFICC-03*
 
Join Date: Mar 2002
Location: richmond
Posts: 8,063
Thanked 2,456 Times in 989 Posts
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
unit is offline   Reply With Quote
Old 01-25-2021, 08:21 AM   #10849
I subscribe to the Fight Club ONLY
 
Join Date: Nov 2002
Location: 604
Posts: 7,252
Thanked 4,002 Times in 1,907 Posts
^ took the conservative approach, sold half, take the gains and see what happens.
whitev70r is offline   Reply With Quote
This post thanked by:
Old 01-25-2021, 08:24 AM   #10850
Say! Say! Say!
 
Razor Ramon HG's Avatar
 
Join Date: Aug 2005
Location: Japan
Posts: 15,242
Thanked 3,215 Times in 1,398 Posts
Quote:
Originally Posted by whitev70r View Post
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

__________________
Quote:
Owner of Vansterdam's 420th thanks. OH YEAUHHH.
Quote:
Originally Posted by 89blkcivic View Post
Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL.
Razor Ramon HG is offline   Reply With Quote
This post thanked by:
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 01:54 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, 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