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01-26-2021, 06:02 PM
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#10876 | | I subscribe to the Fight Club ONLY
Join Date: Nov 2002 Location: 604
Posts: 7,245
Thanked 3,998 Times in 1,904 Posts
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GME ... feels a little bit like a pyramid scheme, let's see how many people we can get to jump on ... then the guys on top bail with a nice hefty gain. Just don't be the last batch left on the boat.
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01-26-2021, 08:03 PM
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#10877 | | Willing to sell body for a few minutes on RS
Join Date: Oct 2006 Location: Vancouver
Posts: 12,074
Thanked 3,186 Times in 929 Posts
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Will GME actually be able to reach $1000? How much more could this run up?
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01-26-2021, 08:38 PM
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#10878 | | I subscribe to the Fight Club ONLY
Join Date: Nov 2002 Location: 604
Posts: 7,245
Thanked 3,998 Times in 1,904 Posts
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01-26-2021, 11:37 PM
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#10879 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 52,336
Thanked 23,816 Times in 8,190 Posts
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Originally Posted by whitev70r  | Elon is loving this 
Fuck those greedy fucks! I mean they're being fucked by more greedy fucks, but these fucks are REALLY fucking greedy  | |
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01-27-2021, 12:38 AM
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#10880 | | My homepage has been set to RS
Join Date: Jan 2012 Location: vancouver
Posts: 2,441
Thanked 1,755 Times in 544 Posts
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LOL it's relatable. I'm laughing as it goes up to 300$
Good thing these are money I don't really care about just to see how high it can actually goes.
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01-27-2021, 01:31 AM
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#10881 | | Need to Seek Professional Help
Join Date: Jan 2005 Location: Van
Posts: 1,027
Thanked 527 Times in 286 Posts
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With the Amazon and Baidu news and BBs transition to a cyber security/EV stock, does anyone else think that BB is still severely undervalued? I’m not even comparing it to EV or other cyber security stocks, just random stuff like chewy, pltr, pton, all of which have 40-50B market caps while BB is just over 10B? Or am I the only one?
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01-27-2021, 01:36 AM
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#10882 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,242
Thanked 3,215 Times in 1,398 Posts
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Originally Posted by Alpine With the Amazon and Baidu news and BBs transition to a cyber security/EV stock, does anyone else think that BB is still severely undervalued? I’m not even comparing it to EV or other cyber security stocks, just random stuff like chewy, pltr, pton, all of which have 40-50B market caps while BB is just over 10B? Or am I the only one? | A lot of people still think Blackberry is a dead phone company. Once that sentiment is gone, people will flock to it in droves.
I have a small position, but I think I'll add more soon.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic 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. | | |
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01-27-2021, 01:44 AM
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#10883 | | Need to Seek Professional Help
Join Date: Jan 2005 Location: Van
Posts: 1,027
Thanked 527 Times in 286 Posts
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I’ve personally been building my position in BB since it was 10. I thought I would have much more time to accumulate but given the WSB effect I’ve had to start to liquidate some of my more stagnant stocks at a faster pace. My target was a 50B market cap in 3 years and I think that is very achievable given some of the other market caps floating around. With BB announcing their partnership with Amazon and baidu, I can only imagine what other deals John is working on behind the scenes. These are big fishes, and the announcements have come out very quickly.
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01-27-2021, 03:44 AM
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#10884 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 52,336
Thanked 23,816 Times in 8,190 Posts
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I don't give a single shit about stocks - I don't know much about it, but what I do know, I kind of hate. But I would kind of like to get in on this just to be able to put a hedge fund out of business 
They have started putting out info that they have closed out of their short, in order to stop the squeeze, but it's not working
BTW if it turns out they didn't do that, wouldn't that be illegal manipulation?
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01-27-2021, 05:08 AM
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#10885 | | RS controls my life!
Join Date: Mar 2012
Posts: 768
Thanked 562 Times in 245 Posts
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lol... don't understand the hatred behind some of these retail investors in wsb... its as if Melvin fund directly blew up some of these guys' accounts a few times in the past or something. Last thing you want to do as an investor is letting your emotions drive investment decisions. Short selling has many applications in the marketplace and its not meant as a tool to drive good business to the ground. Try shorting a good business like apple and see what happens. Of course there are shady hedge funds out there, but in any industries there will be bad actors. Its kind of ignorant to paint the whole hedge fund industry with a single brush.
Good luck to some of these wsb investors with large positions in GME. I'm sure they know that paper profit means nothing until they sell? When sentiment breaks (ie. no one in retail left to buy) good luck trying to find buyers at insane prices and everyone is heading for the exit. That's how prices gap down/up on thinning liquidity. This stock has nothing to do with the company anymore. Its become a battleground for retail and certain institutional investors to stick it to the other players caught in a squeeze. Execs at GME and BB have already come out saying the price increases are not justified but they sure appreciate being able to sell their insider shares at ridiculous prices. I guess its okay for these corporate millionaires to get a windfall but not hedge funds? lol... enjoy the game of musical chairs
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01-27-2021, 05:37 AM
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#10886 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
Posts: 52,336
Thanked 23,816 Times in 8,190 Posts
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Originally Posted by GGnoRE Last thing you want to do as an investor is letting your emotions drive investment decisions. | These aren't "investors" that's the best thing about it
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01-27-2021, 05:52 AM
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#10887 | | RS controls my life!
Join Date: Mar 2012
Posts: 768
Thanked 562 Times in 245 Posts
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^ but at the same time, I kind of see it as a sad thing. For every new high price printed, it means there was a buyer at that price, possibly another average joe that is not well-informed about market dynamics and bought into the hype from wsb. There will be plenty of retail "losers" at the end of all of this.
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01-27-2021, 06:24 AM
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#10888 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,242
Thanked 3,215 Times in 1,398 Posts
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People just have a hatred for short sellers.
If you take a look at what has been happening all week, the hedge fund managers have been trying to manipulate the media and public sentiment to play themselves as victims.
I'm pretty sure the widespread brokerage issues going on right now are related to this.
Fuck them.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic 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. | | |
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01-27-2021, 06:47 AM
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#10889 | | I don't get it
Join Date: Jan 2007 Location: vac
Posts: 449
Thanked 263 Times in 96 Posts
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Very blatant manipulation happening here. Very organic slow movement upwards, followed by a big red drop and a halt.
Couple that with the brokerages being out for retail and it's a definite fuck 'em.
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01-27-2021, 07:24 AM
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#10890 | | To me, there is the Internet and there is RS
Join Date: Apr 2007 Location: Okanagan
Posts: 16,268
Thanked 8,913 Times in 3,873 Posts
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What's a decent Android app for following values? Any actual transactions I only do on a PC but it'd be handy to check things at a glance.
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed] Quote:
Originally Posted by maksimizer half those dudes are hotter than ,my GF. | Quote:
Originally Posted by RevYouUp reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z | Quote:
Originally Posted by Good_KarMa OH thank god. I thought u had sex with my wife. :cry: | | |
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01-27-2021, 07:33 AM
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#10891 | | RS controls my life!
Join Date: Mar 2012
Posts: 768
Thanked 562 Times in 245 Posts
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Originally Posted by Razor Ramon HG If you take a look at what has been happening all week, the hedge fund managers have been trying to manipulate the media and public sentiment to play themselves as victims. | Can you provide some sources to support this? I haven't really tuned in to the media coverage in the early part of this so I might have missed out. Citron and Melvin says they covered their shorts and people are accusing that they are lying to the media but isn't that just speculation?
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01-27-2021, 07:35 AM
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#10892 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2005 Location: Revscene
Posts: 9,285
Thanked 7,174 Times in 2,407 Posts
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__________________ Quote:
Originally Posted by skyxx 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
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1990 Mazda Miata - Sold 100% Buy and Sell Feedback | |
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01-27-2021, 08:24 AM
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#10894 | | I contribute to threads in the offtopic forum
Join Date: Aug 2002 Location: Vancouver
Posts: 2,636
Thanked 629 Times in 259 Posts
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GME is going to mint some new rich kids (if they can get out before the mass exodus).
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01-27-2021, 08:41 AM
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#10895 | | Need my Daily Fix of RS
Join Date: Oct 2018 Location: Vancouver
Posts: 277
Thanked 312 Times in 117 Posts
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Originally Posted by Razor Ramon HG A lot of people still think Blackberry is a dead phone company. Once that sentiment is gone, people will flock to it in droves.
I have a small position, but I think I'll add more soon. | noob question, but are there any difference going in BB on the TSX vs the NYSE, besides the currency buy-in?
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01-27-2021, 08:47 AM
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#10896 | | Revscene.net has a homepage?!
Join Date: Jun 2003 Location: Vancouver
Posts: 1,281
Thanked 369 Times in 158 Posts
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I got in on amc this morning.
It’s become gambling.
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01-27-2021, 08:59 AM
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#10897 | | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,606
Thanked 724 Times in 370 Posts
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Originally Posted by GIZZ I got in on amc this morning.
It’s become gambling. | same...what did you get in at?
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01-27-2021, 09:20 AM
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#10898 | | Revscene.net has a homepage?!
Join Date: Jun 2003 Location: Vancouver
Posts: 1,281
Thanked 369 Times in 158 Posts
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Market 15.70 at the time, then it dropped to mid 13’s. Back up again, lol
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01-27-2021, 09:23 AM
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#10899 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 8,061
Thanked 2,455 Times in 988 Posts
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i've always been a pretty conservative investor but its hard not to get caught up in this.
just keep your expectations lower than what the ppl on wsb are all ragging on about.
make your money and get out!
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01-27-2021, 09:23 AM
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#10900 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,242
Thanked 3,215 Times in 1,398 Posts
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Originally Posted by GGnoRE Can you provide some sources to support this? I haven't really tuned in to the media coverage in the early part of this so I might have missed out. Citron and Melvin says they covered their shorts and people are accusing that they are lying to the media but isn't that just speculation? | Nothing really specific, just a few managers and analysts on CNBC.
You get the overall vibe from the narrative the media is playing that the institutions are lining their pockets. Everyone is blaming WSB, but no one is blaming shorts for cornering themselves shorting something over 100%. If anyone, WSB is smart for recognizing the opportunity. But you know, they're small guys, fuck em!
Chamath was on CNBC an hour ago and he really went to bat for retail traders.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic 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. | | |
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