OT Gamestop: Wall Street + Animal House?

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

  1. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I'm not sure how long I'll hold, probably until it starts declining or there's a market correction for weed overall, which will probably eventually happen. I'll monitor the twitter accounts for recos on when the runs are over.

    I honestly have no clue, I may set a stop loss on SNDL at 2.5 or something and then ride it until the momentum dies down. I'm guessing this ends around the 4-6 range.
     
    Last edited: Feb 10, 2021
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  2. Natebishop3

    Natebishop3 Don't tread on me!

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    What's the deal with AAPL?

    I'm surprised that Apple stock is as low as it is.
     
  3. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    People are chatting that $NAKD is in play again. This is one of the stocks I bought during the short squeeze but sold when it hit 2.10. It may get back above 2 again soon.

    I may take $100 worth out of SNDL (or more likely FUBO) and put it in NAKD.
     
    Last edited: Feb 10, 2021
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  4. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    WHAT IS THAT, A REAL COMPANY THAT DOES STUFF? SOUNDS LIKE A BAD INVESTMENT.
     
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  5. donkiez

    donkiez Well-Known Member

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    Apple has a massive market cap. Moving it is like turning a cruise ship.
     
  6. Natebishop3

    Natebishop3 Don't tread on me!

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    Someone posted some DD from a financial advisor saying that the stock should be around $16 or something like that. I'd have to look for it.
     
  7. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I set a stop loss of 150 shares @ $2.50 a share on SNDL. I was thinking 2.75 at first, but that's probably too aggressive.
     
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  8. Natebishop3

    Natebishop3 Don't tread on me!

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    Nevermind.... not a good look from people in the comments.

     
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  9. Natebishop3

    Natebishop3 Don't tread on me!

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    Yeah. That would more than double my initial investment so I'll do that as well.
     
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  10. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Its less than half my position, so adjust as necessary I guess. Depends on how it does, if its really volatile I may cancel it.
     
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  11. Natebishop3

    Natebishop3 Don't tread on me!

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    I just don't have a good read on what the potential is of this one. I think it's being pumped really hard.
     
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  12. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Considering a $doge exit. Not sure yet, thinking of selling half if it hits 8 cents again.
     
  13. Natebishop3

    Natebishop3 Don't tread on me!

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    So are you holding onto ZOM for a few months? It has been slowly climbing back up since it dropped.
     
  14. Natebishop3

    Natebishop3 Don't tread on me!

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    Yeah, it hasn't dropped enough for me to buy back in. There's a lot of mooners who seem to think that buying and holding is going to drive it up and I think it's floating around .074 simply off people waiting.
     
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  15. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Probably until at least March 31st when they release their drug Truforma, and I'll make a decision after that.

    I'm in it for $200 now.
     
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  16. Natebishop3

    Natebishop3 Don't tread on me!

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    I'm too spread out.

    I have like 6 shares of BB on Webull.
    I have 36 shares of ZSAN on RH that really isn't doing very well at all.

    And then on Fidelity I have
    4 shares of GME
    99 shares of GTE
    42 shares of SNDL
    128 shares of SPRWF
    35 shares of ZOM
     
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  17. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I have 14 stocks and Dogecoin in my Robinhood right now:

    SNDL- Marijunana
    FUBO- TV
    SPCE- Virgin Galactic
    FCEL- Hydrogen Energy
    ZOM- That vet technology
    KIQ- No idea
    ACB- Marijuana
    ITRM- Who knows
    TLRY- Marijuana
    CRBP- CBD something
    GSV- Some gold based dollar stock
    ZYNE- Rando Pharm company
    APRE- some cancer biotech
    XXII- Something to do with weed I think

    This is all in the last 2-3 weeks, after the whole Gamestop bullshit, I sold everything, withdrew money and started over again with the Short Squeeze stocks and some limited funds in the account I had left over (I forgot how much but it wasn't that much). I got really lucky with SNDL and Dogecoin, but its just about finding the opportunity and pouncing. I generally only put in $100-200 every week into the account. I sold some Dogecoin and then put it into buying more stocks. Sometimes I bought more DOGE when it fell enough.

    Before I was just guessing industries I liked, but now, I'm following trends on Twitter, doing some very quick research and jumping in. I figure they do all the research and its stuff I don't really understand or care to. When I am buying though, I do extensive searches. This is all pure YOLO, money I'm playing with pretty aggressively. Its highly speculative, but I'm only putting $100 or $200 or sometimes more into each position to minimize me eating dirt. I'm not going to get rich doing this, but its entertaining, and hopefully grows over time. I could lose it all, but its not money I'm going to miss so I'm just trying to maximize quick gainz.
     
    Last edited: Feb 10, 2021
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  18. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    @HailBlazers said that was a mistake a few days ago when I sold half of mine for 8 cents.
     
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  19. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I've sold at 8.5, 7.5 (twice), 5.5, 6.4, and 7.8.

    Bought at 1.4, 2.9, 2.9, 3.8, 3.9, 3.1.


    Who knows when this shit will flop back to a penny. Crazy, this goes back to about January 27th.
     
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  20. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    The Elon effect seems to be wearing a bit thin now.
     
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