OT Gamestop: Wall Street + Animal House?

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

  1. donkiez

    donkiez Well-Known Member

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    I'm holding a lot of Tesla so my day is ugly still. But I try to not look at my Tesla because its not part of my active trading plans. Abnb is kicking me in the nuts but I'm not worried, just wish I had held off more buying back in.
     
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  2. donkiez

    donkiez Well-Known Member

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    Intel and semiconductors are finally making the move I thought they would make a few weeks ago. Intel has weathered the current sell off really well. I'm very optimistic about them
     
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  3. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    They have to do better without Andy Grove. He was a real hard ass.
     
  4. donkiez

    donkiez Well-Known Member

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    They really do and they have faltered big time with their production yields at 7nm and below. Their last few CEOs have been pretty soft although I kind of liked BK. This new guy seems promising though. The global shortage and the fact that Intel owns a lot of fab space (unlike amd) means they will probably do well right now even if they still falter some more. Once (if) they nail down their production issues they should have a better product than TSM.
     
  5. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    My college roommate went to work for Intel and became one of the four leading memory chip designers in the world.
     
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  6. Natebishop3

    Natebishop3 Don't tread on me!

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    I'm officially only in GME and ZOM right now. Gonna ride that out for a bit.
     
  7. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    WOW, what's this GREEN COLOR on my stocks. Haven't seen this in a while! :NOTMARIS:

    Up only 2%, easy to do when you've taken heavy losses. Down 11.7% for the week, 21.2% for the month.

    Hopefully we weathered the worst of it.
     
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  8. donkiez

    donkiez Well-Known Member

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    I know! I just about broke even. At one point I was down 5% for the day which is huge for me. Are we finally turning the corner? Jobs data today was good.
     
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  9. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Stimmy passed too I think, so I think next week should be good.
     
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  10. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Antivirus pioneer John McAfee, 75, is charged with money laundering and fraud for 'using Twitter to promote cryptocurrencies that he was secretly invested in to inflate their value then sell them for a profit'
    • McAfee, 75, is still in Spain where he was arrested in October last year at the request of US tax authorities
    • Now, he has been hit with 7 counts of fraud and money laundering by the DoJ
    • They say he was involved in two cryptocurrency schemes between 2017 and 2018
    • He is accused of using Twitter to tout cryptocurrencies he was secretly invested in to drive up their value
    • The complaint does not name any of the currencies - McAfee tweeted about at least three
    • On one occasion, he gave a disclaimer that he was invested in one of them
    • He tweeted right before the currencies spiked in value and allegedly sold at the peak
    • Prosecutors say his team then tried to liquidate the crypto on the stock exchange and were turned down
    https://www.dailymail.co.uk/news/ar...hn-McAfee-charged-money-laundering-fraud.html
     
  11. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    WTF. They just making up crimes now?

    #FREEMCAFEE
     
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  12. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    It's a test case for when they go after Musk.
     
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  13. Minstrel

    Minstrel Top Of The Pops Global Moderator

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  14. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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  15. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Gas going up....time to buy oil stocks?
     
  16. donkiez

    donkiez Well-Known Member

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    I think oil has had it's best run already. If it goes up much more the Saudis or Russians will turn up the pumps. Some oil companies like Pioneer or Exxon might be decent plays still but I think the time to buy has already passed. Plus oil is such a dieing energy that everyone loves to hate on. I prefer to stick with things that use oil and gas like cars and planes.
     
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  17. donkiez

    donkiez Well-Known Member

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    What's with all this green? Looks so wierd.

    I was out of buying money but my monthly deposit just cleared so I'm looking at apple and snap this morning as potentials. I would get more abnb but I am a little overweighted with them at the moment.
     
  18. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Gamestop is blowing up. At 190 right now up 38%
     
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  19. Natebishop3

    Natebishop3 Don't tread on me!

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    I just sold off 4 shares of GME and got my money back. I'm hoping it dips by EOD so I can buy back in at a lower cost.
     
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  20. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I'm up 3% today. Small victories! :NOTMARIS:
    Doge creeped up to the high 5 cent range.
     

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