OT Gamestop: Wall Street + Animal House?

Discussion in 'Blazers OT Forum' started by wizenheimer, Jan 27, 2021.

  1. jonnyboy

    jonnyboy Well-Known Member

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    This is where I’m at. I’m definitely holding on AMC, and I might even buy more into the dip. It could jump again today when people see they can buy low. People need to get onto new platforms that aren’t (illegally) restricting stock purchases like Robinhood is. Hopefully they do.

    Either way I’m not at a huge loss, and fuck the hedge funds. Win-win.
     
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  2. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Can't wait until all these people who sold this AM puts it in Dogecoin.
     
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  3. donkiez

    donkiez Well-Known Member

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    How do you buy shares in Mark Cuban?
     
  4. Blazer Freak

    Blazer Freak Superstar in the Making

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    Yeah I cut my losses....if I have a limited amount I am going to invest in stocks...then I'd rather put it all on GME than Doge at this point...lesson learned.
     
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  5. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    GME is a straight up gamble too. But at least its somewhat predictable, absent the market manipulation going on by the media, funds and the trading platforms.
     
  6. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    When this garbage market is all over, I'm going to sit on the sidelines for a while and then jump in the next market crash. Maybe park it in a few ETFs or something like Chamath's $IPOE
     
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  7. donkiez

    donkiez Well-Known Member

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    If any of you guys trade real stocks then it was a great day today. Amazon is expected to crush earnings.
     
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  8. Natebishop3

    Natebishop3 Don't tread on me!

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    So shouldn't GME be rebounding at some point? It's dipping hardcore again.
     
  9. Blazer Freak

    Blazer Freak Superstar in the Making

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    Oh no doubt. But I've read some of the DD and I'm not looking to cash out at 5k a share like some people...if it hits $1k I'm out. Trying to buy up a few more here as it dips. Hoping to buy 3 more if it hits 100 again
     
  10. donkiez

    donkiez Well-Known Member

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    yea I was hoping for a bigger Cuban bump, but its still being suppressed pretty hard. It also seems to have created an inverse relationship with the overall market. I expect that trend to continue. Might have to wait till tomorrow.
     
  11. SlyPokerCat

    SlyPokerCat cats rool dogs drool

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    I sold some AMC puts for $10 premiums with a $3 strike price expiring friday.
     
  12. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  13. Natebishop3

    Natebishop3 Don't tread on me!

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    Jesus it's below $100 again..... I just don't think I can put any more money into this thing.
     
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  14. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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  15. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  16. Natebishop3

    Natebishop3 Don't tread on me!

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    I really hope they investigate the bullshit that's going on.
     
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  17. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    They never do.
     
  18. Natebishop3

    Natebishop3 Don't tread on me!

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    Every once in a while we really and truly get to see how fucking ridiculous this country is.

    All of the crap about justice and equality and then you see something like this come along and you see that the rules don't apply to rich people. They can do whatever the fuck they want.
     
  19. Haakzilla

    Haakzilla Well-Known Member

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  20. donkiez

    donkiez Well-Known Member

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    They are already painting the redditors as an angry mob of impulsive millineals. The average boomer is interested in the situation but secretly waiting for it to blow up in everyone's face so they can say I told you so. It will be a big joke until it happens again.
     

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