Author Topic: Stocks  (Read 1179114 times)

Offline justmeha

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Re: Stocks
« Reply #5500 on: February 24, 2021, 05:10:37 PM »
GME took a jump and tripped L3 CB, and now reddit is down from DDOS
and in English?

Offline yos9694

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Re: Stocks
« Reply #5501 on: February 24, 2021, 05:24:00 PM »
and in English?

Sorry...

Gamestop stock took off like a rocket around 30 minutes before market close and tripped the level 3 circuit breaker, which shut off trading for the rest of the day.

Reddit, which has been a rallying point for retail investors determined to see gamestop's price go up again to a ridiculous level, has been closed due to server overload since shortly after 4pm. Which could mean everyone is trying to access it at the same time or something coordinated by other parties.

I would be very careful darshening those after hour trades. Its all too easy for professional investors to drive up the after hours price and trick other investors into thinking the explosion in price will continue tomorrow. Or it could be the lowest prices you'll see for the redt of the week. Risk here is as high as anything.

Offline VacationLover

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Re: Stocks
« Reply #5502 on: February 24, 2021, 08:15:15 PM »
GME took a jump and tripped L3 CB, and now reddit is down from DDOS
AMC is following

Offline AsherO

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Re: Stocks
« Reply #5503 on: February 24, 2021, 08:26:01 PM »
If this ridiculousness keeps up/spreads it could cause the broader market to crash.
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Offline shie123

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Re: Stocks
« Reply #5504 on: February 24, 2021, 08:43:50 PM »
No faith. But I could easily be wrong.
Uch, why did I listen to you..
I sold at $7 could have stayed till $11....

Offline Lurker

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Re: Stocks
« Reply #5505 on: February 24, 2021, 08:45:49 PM »
Uch, why did I listen to you..
I sold at $7 could have stayed till $11....

Would you have stayed til $11, or would you have held on in case it went to $30?
Failing at maintaining Lurker status.

Offline shie123

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Re: Stocks
« Reply #5506 on: February 24, 2021, 09:13:26 PM »
Would you have stayed til $11, or would you have held on in case it went to $30?
Very fair point...

Offline yos9694

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Re: Stocks
« Reply #5507 on: February 25, 2021, 08:49:28 AM »
Uch, why did I listen to you..
I sold at $7 could have stayed till $11....

Can i buy you a coffee to make up for it? That's more than the $4 you missed out on

Offline yos9694

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Re: Stocks
« Reply #5508 on: February 25, 2021, 08:52:58 AM »
Uch, why did I listen to you..
I sold at $7 could have stayed till $11....

But in seriousness, I'm going to double down on what I said about AMC earlier. The movement today has nothing to do with the company itself or its post-Covid survival. AMC stock is rising now only because it has correlation with GME through reddit.

Offline ExGingi

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Re: Stocks
« Reply #5509 on: February 25, 2021, 09:15:27 AM »
Can i buy you a coffee to make up for it? That's more than the $4 you missed out on

X (how many shares?)
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Offline shie123

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Re: Stocks
« Reply #5510 on: February 25, 2021, 09:19:56 AM »
But in seriousness, I'm going to double down on what I said about AMC earlier. The movement today has nothing to do with the company itself or its post-Covid survival. AMC stock is rising now only because it has correlation with GME through reddit.
I don't disagree, at least for yesterdays movement.

Offline yos9694

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Re: Stocks
« Reply #5511 on: February 25, 2021, 04:46:10 PM »
Uch, why did I listen to you..
I sold at $7 could have stayed till $11....

Still feel that way?

Offline PlatinumGuy

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Re: Stocks
« Reply #5512 on: February 25, 2021, 09:18:01 PM »
If this ridiculousness keeps up/spreads it could cause the broader market to crash.
The market is very likely to crash by 20% or more, it's just hard to see it happening before the $1.9T stimulus. More $$$ = higher stock prices. It will probably crash down when the government eventually refuses to satisfy the market demand for stimulus, but there is no telling if that happens in 10 months or 10 years.
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline shie123

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Re: Stocks
« Reply #5513 on: February 28, 2021, 11:09:47 PM »
Anyone here think WWE is worth investing in?
I would think it should climb back up very soon.
Thoughts?

Offline stmark

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Re: Stocks
« Reply #5514 on: March 01, 2021, 08:32:57 AM »
Anyone here think WWE is worth investing in?
I would think it should climb back up very soon.
Thoughts?
I would wait until after next quarter. Wrestlemania will be a huge loss revenue wise. stock should drop more until arenas can reopen fully.

Offline superstareli55

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Re: Stocks
« Reply #5515 on: March 01, 2021, 11:15:16 AM »
Is lmnd a buy preearnings?

Offline Mf1

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Offline yuneeq

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Re: Stocks
« Reply #5517 on: March 01, 2021, 12:03:10 PM »
Any advice about when to sell VIAC? I bought because I thought it was very undervalued and it's up 130%, but haven't been following closely enough to know when to sell.
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Offline ExGingi

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Re: Stocks
« Reply #5518 on: March 01, 2021, 12:23:12 PM »
Any advice about when to sell VIAC? I bought because I thought it was very undervalued and it's up 130%, but haven't been following closely enough to know when to sell.

I am yet to find the person who lost money taking a small profit. That being said, it does pay a dividend, so you get paid to hold it. You could explore selling covered calls.
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Offline yos9694

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Re: Stocks
« Reply #5519 on: March 01, 2021, 12:28:04 PM »
I am yet to find the person who lost money taking a small profit. That being said, it does pay a dividend, so you get paid to hold it. You could explore selling covered calls.

Selling covered calls puts a cap on your upside and leaves no downside protection. You're stuck holding onto the stock UNLESS it goes up, which is typically the opposite of what an investor wants.