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I threw a couple grand into BB, Nokia and GameStop for the memes. Why not.
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Jan 27, 2021 10:21
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Wifi Toilet posted:WSB membership up 300k in 2 days And another 200k just since this post.
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Jan 27, 2021 10:22
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Wifi Toilet posted:And another 200k just since this post. More impressive are the 200,000 plus people online viewing the forum
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Jan 27, 2021 10:26
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I keep reading that some shorts expire friday, here in this thread and on reddit, but I don't know what the sources are on that. I just keep reading it. I mentioned this in a post earlier and someone in this thread that seemed to know more than me chimed in that friday holds no particular meaning or consequence. I want to re-iterate that I honestly have no clue one way or another, please don't use this post as evidence affirming that Friday is a day where something tangible happens to the shorts. However, because other people like me have ALSO been reading and repeating that, there is somewhat of a bubbling expectation that friday is a big deal. I see it on reddit whenever I pop in there. If the price shoots up significantly on friday I expect some people to go "ok that was what we were waiting for" and drop out. If it DOESN'T shoot up significantly on friday I expect some people (maybe the same people) to go "ok, it didn't work and I want to get out before I'm stuck". I have no idea how many people are in that boat, but I think it will make friday at least a little different than the rest of the days so far.
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Jan 27, 2021 10:32
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GME about to hit $300 already!
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Jan 27, 2021 10:37
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I hopped on the GME meme train in my HSA because I was already being a dumbass in my Roth with BB and PLTR (ok, not dumb, but still...). 2021 is fun!
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Jan 27, 2021 10:43
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AMC over $12. +150% after hours, crazy.
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Jan 27, 2021 10:43
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People are saying they should make a movie about u/DeepFuckingValue, the dude who has so far run up $50k to, well, who the gently caress knows at this point - tens of millions of dollars so far. I'm just not sure how interesting a movie it will be - a 90 minute montage of a dude sitting at his computer with a steadily growing erection creeping up from the bottom of the screen.
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Jan 27, 2021 10:44
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Bardeh posted:People are saying they should make a movie about u/DeepFuckingValue, the dude who has so far run up $50k to, well, who the gently caress knows at this point - tens of millions of dollars so far. The real play is cashing in on the next 1000 dudes who think they're gonna be that guy. I mean, as a NOK bagholder (my cost basis is $8  ), I appreciate the recent action, but.... goddammit.
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Jan 27, 2021 10:47
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Bardeh posted:People are saying they should make a movie about u/DeepFuckingValue, the dude who has so far run up $50k to, well, who the gently caress knows at this point - tens of millions of dollars so far. I think a sequel to The Big Short would be fitting, called something glib like The Dumb Short. We of course start with a dramatic Coronavirus montage of various pundits talking about how consumers will be staying away from physical locations and such, completely ignoring the fact that malls and physical shopping was dying beforehand. Pan across posters of cat food brands and newspaper articles about online pet food being the latest success from that new Gamestop investor with a big idea. He goes to his glass wall looking out over his office where "Online Cat Food = $$$" is written, and crosses out Cat Food dramatically, writing in "Video Games". The interns at their desks all look up in awe. One starts a slow clap, but the others look at him funny and he stops. After that we begin to follow the evil hedge fund bros. One ultra bro named Chet rushes in. He reveals dramatically that he did some math and it seems they can short a stock past the actual amount of shares. They're all stunned silence. They go out to celebrate in a montage where they repeatedly short Gamestop, then go out and try to pick up chicks and flash their cash in bars so bartenders look the other way when they don't wear masks. Again, a lot of this likely happened before the pandemic, but this is a dramatization, after all. Eventually we are introduced to our hero, DeepFuckingValue. Hung on his wall behind his PC he has an award for being on the "patterns noticing" team back in high school and he lives in his parents basement. His mom always chastizes him for spending so much time looking at numbers on the internet. He delivers a pizza to one of the bros at their fancy office. He sees "Step 1. Ruin Gamestop Step 2. Profit" on their white board. The rest obviously writes itself. Picture lots of scenes of panic from the bros and triumph from DFV as he quits his pizza job and becomes a millionare.
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Jan 27, 2021 11:02
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https://twitter.com/dril/status/1338135963738853377
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Jan 27, 2021 11:12
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It's been as high as $340 in premarket 
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Jan 27, 2021 11:22
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Is this what a gambling high feels like because I love it.
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Jan 27, 2021 11:31
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When I was 12, my aunt gifted me one share of AAPL via Oneshare. I had the (non-legal tender) certificate and everything. My mom called today and said she got a message from Computershare (the current owner of the account) saying they’re going to start sending dividend checks to the state for unclaimed property. Apparently I own 55 shares of AAPL now 
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Jan 27, 2021 11:31
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Does anyone have that list of the most heavily shorted companies handy?
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Jan 27, 2021 11:32
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Holy loving poo poo lmao
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Jan 27, 2021 11:35
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gay picnic defence posted:Does anyone have that list of the most heavily shorted companies handy? It only works if you can convince a few million other people to buy it too. I think bbby and dillards are at the top of those lists though. e: https://www.barrons.com/articles/another-gamestop-here-are-the-next-10-most-shorted-small-caps-51611688092 Wifi Toilet fucked around with this message at 11:40 on Jan 27, 2021 |
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Jan 27, 2021 11:37
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These are pretty cool times we live in
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Jan 27, 2021 11:38
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Wifi Toilet posted:It only works if you can convince a few million other people to buy it too. Also it's worth keeping in mind that WSB forbids discussion of companies with a market cap of under $1b, so if you're looking to whatever they're going to latch onto next, anything smaller than that won't have the same hype around it as GME does.
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Jan 27, 2021 11:42
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orange sky posted:Holy loving poo poo lmao It's 321USD at this time
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Jan 27, 2021 11:45
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John F Bennett posted:It's 321USD at this time Yep the premarket is in the picture  The FOMO is real. Wondering why the hell I went for BB calls instead of GME, this poo poo is just unbelievable.
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Jan 27, 2021 11:47
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Bardeh posted:Also it's worth keeping in mind that WSB forbids discussion of companies with a market cap of under $1b, so if you're looking to whatever they're going to latch onto next, anything smaller than that won't have the same hype around it as GME does. I didn't know that, I am wondering if some other people with deep pockets might try and snipe some short sellers though. However I suppose it needs to be close to expiry as well for the short squeeze to take off, right?
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Jan 27, 2021 11:49
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orange sky posted:Yep the premarket is in the picture The fact that it got above $200 when I had a chance to get in at $40 or $60... man, yeah, the FOMO is real on this one.
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Jan 27, 2021 11:54
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If you’ve got some low end FOMO then grab a few SPCE and AMC stonks
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Jan 27, 2021 11:56
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Help me time the market goons I’m bad at this
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Jan 27, 2021 12:10
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Jan 27, 2021 12:12
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A MIRACLE posted:Help me time the market goons I’m bad at this Buy first panic dip of GME at open. Real answer is I'd be worried about SEC issuing a T12 halt at this point even though literally nothing scammy is happening just some shorts covering, delta hedging the OTM calls, and fomo.
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Jan 27, 2021 12:21
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A MIRACLE posted:Help me time the market goons I’m bad at this buy now lol wait too late moron
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Jan 27, 2021 12:25
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Melvin reportedly closed its position on GME yesterday https://mobile.twitter.com/SquawkCNBC/status/1354386200157675521 salt shakeup fucked around with this message at 12:31 on Jan 27, 2021 |
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Jan 27, 2021 12:28
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Oh my god I made so much loving money while I slept. Put a new stop loss order in for 270 (previous was 200!) I’ll check again pre market but god drat.
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Jan 27, 2021 12:29
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None of my pre-market orders are getting filled on Schwab. Which is bad, because I thought they were a good idea at the time, but is good because they weren't actually a good idea at the time.
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Jan 27, 2021 12:32
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I'm not entirely convinced that Michael Burry isn't a stranded time traveler.orange sky posted:Yep the premarket is in the picture Oh right! I missed it and it was right there in front of me, thanks. salt shakeup posted:Melvin reportedly closed its position on GME yesterday lol, now wsb is screaming fake news. The house of cards has to come down eventually, this is all too rich for my blood tbh. John F Bennett fucked around with this message at 12:39 on Jan 27, 2021 |
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Jan 27, 2021 12:36
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Bedurndurn posted:None of my pre-market orders are getting filled on Schwab. eToro is the same, and with BB.
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Jan 27, 2021 12:39
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salt shakeup posted:Melvin reportedly closed its position on GME yesterday Can they do that without buying back the shares they borrowed?
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Jan 27, 2021 12:48
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salt shakeup posted:Melvin reportedly closed its position on GME yesterday Volume pre market is like 3 million, outstanding from them is 69 million I think? How do they plan to cover lol
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Jan 27, 2021 12:51
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I thought Melvin was all in puts not shorts and that’s why we knew their positions (long options have to be reported in SEC filings, short positions don’t).
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Jan 27, 2021 12:53
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a Loving Dog posted:Volume pre market is like 3 million, outstanding from them is 69 million I think? How do they plan to cover lol Apparently they did it yesterday afternoon? I'd sure love to see some proof. It's crashing hard on this news, almost back to what it was at close yesterday lol E: Citron was another fund that had heavily shorted GME and eaten a loss, putting out a video when it was at 40 where he was wild-eyed and sweaty, desperately trying to make the case for the price to fall https://twitter.com/CitronResearch/status/1354395523940196354 :hmmm: Bardeh fucked around with this message at 13:01 on Jan 27, 2021 |
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Jan 27, 2021 12:54
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And just cancelled my limit buy order for open, good luck goons! e: wow, all the meme stocks are down from after hours highs. Wifi Toilet fucked around with this message at 13:01 on Jan 27, 2021 |
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Jan 27, 2021 12:59
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For anyone with market orders right now most retail, me you etc are locked out of pre market until 7am or right about now That 300 spike at 4am is meaningless it spiked to 250 at 4am yesterday.
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Jan 27, 2021 12:59
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Do I put my life savings in at market open or what
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Jan 27, 2021 13:02
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