OT: Investing/Stocks/Bonds/Mutual Funds/Crypto

Kerb Hohl · Post #121 » by **Kerb Hohl** » Wed Jan 27, 2021 9:01 pm

M-C-G wrote:
Kerb Hohl wrote:
Kerb Hohl wrote:I probably won't get in on this, but at a certain point might there be value in shorting some of these down the road? The big boys will probably eventually win on all of them but GME.

Obviously I'm joining forces with the big boys at that point but that may eventually be the direction.

OK just kidding I'm in.

Do you go in short?

No...just bought to join in with you ****. Maybe I'll short them later.

M-C-G · Post #122 » by **M-C-G** » Wed Jan 27, 2021 9:06 pm

Kerb Hohl wrote:
M-C-G wrote:
Kerb Hohl wrote:
OK just kidding I'm in.

Do you go in short?

No...just bought to join in with you ****. Maybe I'll short them later.

Enjoying the investment immensely so far.

EDIT: I need to stop looking at this ticker.

Kerb Hohl · Post #123 » by **Kerb Hohl** » Wed Jan 27, 2021 9:08 pm

OK, I have GME, NOK, BB, AMC, MAC, NAKD, EXPR.

I need one more cheap one to fill out my portfolio. What's left?

Post #124 » by **ReasonablySober** » Wed Jan 27, 2021 9:15 pm

Kerb Hohl wrote:OK, I have GME, NOK, BB, AMC, MAC, NAKD, EXPR.

I need one more cheap one to fill out my portfolio. What's left?

KOSS is in the middle of killing it right now.

Kerb Hohl · Post #125 » by **Kerb Hohl** » Wed Jan 27, 2021 9:16 pm

ReasonablySober wrote:
Kerb Hohl wrote:OK, I have GME, NOK, BB, AMC, MAC, NAKD, EXPR.

I need one more cheap one to fill out my portfolio. What's left?

KOSS is in the middle of killing it right now.

TD Ameritrade has blocked purchases on it, for me at least.

I think it's because I have pretty low funds right now and the price is exceeding what I/they think I'm buying it for.

Kerb Hohl · Post #126 » by **Kerb Hohl** » Wed Jan 27, 2021 9:30 pm

So really most of these other than Gamestop may not be the magic we think?

jschligs · Post #127 » by **jschligs** » Wed Jan 27, 2021 9:38 pm

Kerb Hohl wrote:So really most of these other than Gamestop may not be the magic we think?

Correct.

However, there is still plenty of money to be made in the short term on these stocks. But be equally prepared to lose a crap load.

Post #128 » by **ReasonablySober** » Wed Jan 27, 2021 10:00 pm

NAKD:

Matches Malone · Post #129 » by **Matches Malone** » Wed Jan 27, 2021 10:06 pm

SupremeHustle wrote:
Kerb Hohl wrote:I probably won't get in on this, but at a certain point might there be value in shorting some of these down the road? The big boys will probably eventually win on all of them but GME.

Obviously I'm joining forces with the big boys at that point but that may eventually be the direction.

Can you short stocks on apps like Robinhood, Stash, et al?

I have no idea but I once bought $5 worth of AMC on stash. Exhilarating :lol:

SupremeHustle · Post #130 » by **SupremeHustle** » Wed Jan 27, 2021 10:14 pm

Matches Malone wrote:
SupremeHustle wrote:
Kerb Hohl wrote:I probably won't get in on this, but at a certain point might there be value in shorting some of these down the road? The big boys will probably eventually win on all of them but GME.

Obviously I'm joining forces with the big boys at that point but that may eventually be the direction.

Can you short stocks on apps like Robinhood, Stash, et al?

I have no idea but I once bought $5 worth of AMC on stash. Exhilarating

Read on Twitter

Matches Malone · Post #131 » by **Matches Malone** » Wed Jan 27, 2021 10:43 pm

SupremeHustle wrote:
Matches Malone wrote:
SupremeHustle wrote:
Can you short stocks on apps like Robinhood, Stash, et al?

I have no idea but I once bought $5 worth of AMC on stash. Exhilarating

Read on Twitter

Lmfao

The dream!

Siefer · Post #132 » by **Siefer** » Wed Jan 27, 2021 11:04 pm

Kerb Hohl wrote:So really most of these other than Gamestop may not be the magic we think?

Yeah, the short position on GME is toast, and when that whole thing collapses, you're going to see a really wild (temporary) price spike. I'd guess 4 digits is pretty likely, but I have no idea what the actual number will be. GME is almost a foregone conclusion at this point - it's going to explode, then come crashing down (probably well below today's numbers) very quickly. No doubt a bunch of people are going to make a lot of money, but I'm pretty concerned about the X number of retail buyers who are going to get diced up trying to "catch the knife" on the way down.

These other stocks are people trying to recreate the "magic" but that requires a combination of retail muscle, and overexposed short sellers. You might be able to get in and out at the right moments and make a bundle...or not.

M-C-G · Post #133 » by **M-C-G** » Wed Jan 27, 2021 11:15 pm

Siefer wrote:
Kerb Hohl wrote:So really most of these other than Gamestop may not be the magic we think?

Yeah, the short position on GME is toast, and when that whole thing collapses, you're going to see a really wild (temporary) price spike. I'd guess 4 digits is pretty likely, but I have no idea what the actual number will be. GME is almost a foregone conclusion at this point - it's going to explode, then come crashing down (probably well below today's numbers) very quickly. No doubt a bunch of people are going to make a lot of money, but I'm pretty concerned about the X number of retail buyers who are going to get diced up trying to "catch the knife" on the way down.

These other stocks are people trying to recreate the "magic" but that requires a combination of retail muscle, and overexposed short sellers. You might be able to get in and out at the right moments and make a bundle...or not.

My GME is pretty modest investment, I think it is more about being a part of a movement and to be frank, stick it to the shorts that cost me money when I thought there was a level playing field.

Even if it doesn't pan out for me, I'll feel good about trying to disrupt the big guys behind the curtain, for as long as it last.

https://youtu.be/YV4oYkIeGJc?t=146

StickeeFingaz · Post #134 » by **StickeeFingaz** » Wed Jan 27, 2021 11:31 pm

Don’t really know what I’m doing but earlier today put some money into NAKD BB NOK AMC. Just gonna keep an eye on them and see what happens.

Post #135 » by **paulpressey25** » Wed Jan 27, 2021 11:52 pm

Guys, can you access the WallStreetBets Reddit forum?

It appears they may have just shut it down.

Post #136 » by **ReasonablySober** » Wed Jan 27, 2021 11:58 pm

paulpressey25 wrote:Guys, can you access the WallStreetBets Reddit forum?

It appears they may have just shut it down.

The Discord was banned, and the mods made the Reddit private.

Post #137 » by **ReasonablySober** » Wed Jan 27, 2021 11:59 pm

All those stocks you liked a couple hours ago are going into the tank.

HaroldinGMinor · Post #138 » by **HaroldinGMinor** » Thu Jan 28, 2021 12:07 am

ReasonablySober wrote:All those stocks you liked a couple hours ago are going into the tank.

Gah. now I know what those hedge funds are going through!

steger_3434 · Post #139 » by **steger_3434** » Thu Jan 28, 2021 12:58 am

ReasonablySober wrote:All those stocks you liked a couple hours ago are going into the tank.

The dip could result in a lot of money to made early tomorrow. I’m rolling all in on (after pulling my initial investment) two of the stocks then walking away after tomorrow.

Sent from my iPhone using RealGM mobile app

JEIS · Post #140 » by **JEIS** » Thu Jan 28, 2021 4:51 am

ReasonablySober wrote:
Kerb Hohl wrote:OK, I have GME, NOK, BB, AMC, MAC, NAKD, EXPR.

I need one more cheap one to fill out my portfolio. What's left?

KOSS is in the middle of killing it right now.

I have 600 shares at .86 cents. This is nuts.