GME is dead cat bouncing today, I unloaded my remaining shares on the high and put it all into SNDL on their dip. No calls, just straight shares.. My big move today was getting out of consumer staples FSTA and financials XLF and moved into gaming BETZ with some left over for more buying. I have my eye on NERD and MJ or POTX. One thing that caught my eye recently was 23 and me announcing their IPO. I will be following them closely, they have the potential to be revolutionary for health care.
all the weed stocks are down a little or barely up today. Yesterday was hot for them so its not to surprising.
Gnw looks interesting. I'm big on Ford also, I've been in Ford for awhile, I was going to double down on them this morning because I expected a dip after earnings, but they are up again. The chip shortage news has me a little hesitant also.
So I cashed out my AMC shares. Ended up losing about $50. Put it all into SNDL. Rather have the money in a stock that might have a future. I'm keeping my BB stock though.
I'm -$135 on AMC, I'm just going to let it burn to the ground. Fuck it. Same with my GME (1 fucking share!) and Nokia too. Sold off my nio, put $150 more of that in SNDL so I have like 340 shares now. May buy more, but maybe not, gonna look for other stock pics on the interwebs. May pick up some $CLOV, they got some bad news yesterday regarding an SEC investigation, we'll see whats up.
I'm still riding out AMC and BB. Wish I would have taken profits but I am still up considerably on AMC so it's easier fo hold. I'll sell half on any big spikes or wait till late in the summer when I expect them to announce the first big features coming back to the big screen. I'm ok with holding it for a year or more if I have too.
I was going to ride AMC to the ground as well, but apparently I can't buy SNDL with my transferred $100 until it is settled. So the only way I could generate cash was to sell GME or AMC and I decided I didn't want to sell my four shares of GME.
I'm sure you'll have plenty of reentry chances. I expect it to bounce around for a bit. I might even try play the volatility with it some, by setting limit sells at $10 then a limit buy at $5 if I get the sale at $10.
The thing I'm really waiting for with GME is the new report that comes out on 2/9. If that report comes out and GME is still above 100% shorted, I think it will spike again.
GME picked up some interesting executives recently also. They are probably planning some sort of revamped company, using their new funding. That's pure speculation though.
I'm out enough money at this point that I'm not going to sell the stock. Not unless there's a massive spike. I spent about $800 and the current value is around $253. No point selling.
Fuck it, bought $100 of $CLOV https://finance.yahoo.com/news/clover-health-responds-to-hindenburg-report-150133350.html
The Free Market Isn't Free | The GameStop Saga Explained. When our government unrigs the system. I may start believing them again.
I haven't sold my GME yet, so I'm in the hole. I'm hoping when their new CEO and future plan is announced there will be a bump. My average buy in is a little under $111. It's up about $14 from yesterday!
