Zombie The Coronavirus Financial Thread (Personal, Local, National)

Discussion in 'Blazers OT Forum' started by EL PRESIDENTE, May 1, 2020.

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  1. Haakzilla

    Haakzilla Well-Known Member

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    For sure, sounds like the whole point of /wallstreetbets guys was to expose the huge firms that are in bed with certain media outlets in manipulating shit. So they had enough and decided to play the game back at em...was reading something like Melvin Capital is about to bankrupt because of it all
     
    Haakzilla, Jan 22, 2021
    #961
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  2. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Gamestop went to $144 today but then came back down to earth. lol

    https://finance.yahoo.com/news/gamestop-pops-51-citron-short-102242003.html


    I'm loving the flack Shitron Research is getting though.
     
    EL PRESIDENTE, Jan 25, 2021
    #962
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  3. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    This shit is hilarious.

    https://markets.businessinsider.com...s-reddit-traders-citron-gme-2021-1-1030000080

    GameStop short-sellers lost $1.6 billion in a single day as Reddit traders rebelled against them
     
    EL PRESIDENTE, Jan 25, 2021
    #963
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  4. riverman

    riverman Writing Team

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    riverman, Jan 25, 2021
    #964
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  5. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    The nerds and bros who buy stocks based on no research are killing it!
     
    EL PRESIDENTE, Jan 25, 2021
    #965
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  6. riverman

    riverman Writing Team

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    They are killing it...but with a video game controller...nerds be nerding
     
    riverman, Jan 25, 2021
    #966
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  7. GriLtCheeZ

    GriLtCheeZ "Well, I'm not lookin' for trouble."

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    About GameStop:

     
    GriLtCheeZ, Jan 26, 2021
    #967
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  8. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    EL PRESIDENTE, Jan 26, 2021
    #968
  9. Haakzilla

    Haakzilla Well-Known Member

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    Haakzilla, Jan 26, 2021
    #969
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  10. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    I just sold half my $GME shares for $136.
     
    SlyPokerDog, Jan 26, 2021
    #970
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  11. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    [​IMG]
     
    SlyPokerDog, Jan 26, 2021
    #971
  12. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Yup. This is definitely a hold. May get more of another stock next week
     
    EL PRESIDENTE, Jan 26, 2021
    #972
  13. GriLtCheeZ

    GriLtCheeZ "Well, I'm not lookin' for trouble."

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    Ride or die!
     
    GriLtCheeZ, Jan 26, 2021
    #973
  14. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    I just sold half of that half for $186.

    Bought 8 shares at $41 when @EL PRESIDENTE & WSB started talking about it.

    So I have 2 shares left, lol.

    #Baller
     
    SlyPokerDog, Jan 26, 2021
    #974
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  15. GriLtCheeZ

    GriLtCheeZ "Well, I'm not lookin' for trouble."

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    I've never traded stock before, other than adjusting my 401k shares, but I bought some GME shares at $99. I have no idea what I am doing. Lol
    To the moon!
     
    GriLtCheeZ, Jan 26, 2021
    #975
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  16. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    TO THE MOON!

    Mags tried to get me into day trading a few years back. I played around a little but I'm too conservative to blind speculate like he was. The WSB thing has been fun because it's all over the news.
     
    SlyPokerDog, Jan 26, 2021
    #976
  17. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I just follow the WSB account on IG. I miss most of the recos, I just can't stand reddit too much shit to filter through. I catch recos here and there, but I'm focused on a few industries and buy there. i have a watch list I keep of stuff to track.


    My coworker watches tik tok for advice on these quick hit stocks lol. She gets caught in the hype though, she got $10k of Bitcoin at 39k and was gonna dump it at 32k to buy ethereum lolz. I told her that was stupid and to just hold it. I wouldn't have even touched bitcoin at 32k, personally, my buy-in is when it hit 20k.
     
    Last edited: Jan 26, 2021
    EL PRESIDENTE, Jan 26, 2021
    #977
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  18. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Future Gov of California Chamath is on the Gamestop bandwagon.

    https://www.fool.com/investing/2021/01/26/chamath-palihapitiya-jumps-on-the-gamestop-bandwag/

    He's also the chairman of Virgin Galactic. I bought some a few months ago, hoping for it to skyrocket when they did their test launch. Launch failed, stock tanked, but I'm back in the green again and I'm holding it until at least they get a successful launch.

    https://www.marketwatch.com/story/virgin-galactic-stock-on-track-for-record-high-2021-01-26
     
    EL PRESIDENTE, Jan 26, 2021
    #978
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  19. GriLtCheeZ

    GriLtCheeZ "Well, I'm not lookin' for trouble."

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    A neighbor friend of mine has been following GME for a while. He's gonna make a lot of money if things don't go sideways.
     
    GriLtCheeZ, Jan 26, 2021
    #979
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  20. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    He should cash half now.
     
    SlyPokerDog, Jan 26, 2021
    #980
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