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

[ackypoo]

Yeah, I admittedly don't know a ton hence gamma vs. short - but GME is currently doing gamma squeezes, right? I had read that is how its volatility is occurring.

I don't want to say for sure because I honestly have no idea. I just read and make the best judgments I can make for myself. Not financial advice.

It appears it is a gamma squeeze and not a short squeeze. It does not appear the shorts have covered. To quote the folks, "I like the stock" at this price.

[Profound23]

You guys....the plan is to get AMC to at least 100k per share.


I don't know if it will get close to that but either way I don't think this is even the tip of the iceberg.

The squeeze hasn't happened yet....keep buying and hold.

[Kerb Hohl]

We're back on our way up. Bought some dip earlier today. LFG.

[Stannis]

You guys....the plan is to get AMC to at least 100k per share.


I don't know if it will get close to that but either way I don't think this is even the tip of the iceberg.

The squeeze hasn't happened yet....keep buying and hold.

100k a share?

That'd cause a global collapse lol

[Stannis]

Not doubting the theory and possiblity and the evidence.

But... as we know, these hedge funds and exchange can like on these reports. Like basically say the short positions have been covered when they weren't. I expect the media like CNBC to come in again and try to say "you already won" (Like Cramer did during the GME squeeze) and push other things (like they were trying to push a silver squeeze, as if retail investors can squeeze a commodity with a total market cap of 2 trillion dollars).

It's their game, we are just playing it.

Unless other hedge funds and billionaires join retail, I don't see the astronomical numbers actually happening.

[ackypoo]

You guys....the plan is to get AMC to at least 100k per share.


I don't know if it will get close to that but either way I don't think this is even the tip of the iceberg.

The squeeze hasn't happened yet....keep buying and hold.

100k a share?

That'd cause a global collapse lol

A collapse is inevitable. The fed will print their way out of it.

[MickeyDavis]

Read on Twitter

[midranger]

Are you guys considering dumping ahead of the CPI report?

[chonestown]

Petition to add "/Scratch-offs" to post title.

[Stannis]

As expected, the FUD articles are coming out:

Mudrick Capital no longer owns debt or equity in AMC, sources say:
https://www.cnbc.com/2021/06/04/mudrick-capital-no-longer-owns-debt-or-equity-in-amc-sources-say.html

Even AMC released a statement basically telling investors to stay away unless they are ok losing all their money.

Being in the 1% is like being the most prestigious country club. Nobody already in the circle wants you to get in.

[Stannis]

JEIS, does FuelCell have another $28 run in it? I'm thinking about hopping back on.

Hell yeah bud. Blackrock owns a ton of shares in fuel cell. Blackrock just got Engine 1 to muscle out three top executives at Exxon go cleaner energy route. They will be needing Fuel cell tech for carbon capture projects, plus fcel has a few larger scale project that will be finishing up soon. It also rides up with Plug good news too. Fuel cell also is getting into Canada and Korea for projects. Exxon is trying to get funding for 100 billion carbon capture project in Houston.

My guess is 30+ by October.

You got any more bangers like HYSR and VTGN?

[Stannis]

If JEIS says FCEL to 30 by October, I listen. 10/15 $22c purchased for a nice price of $62.

Any reason you went with that one?

I was looking at the 20Cs on Oct 15 and Jan 21

[jschligs]

If JEIS says FCEL to 30 by October, I listen. 10/15 $22c purchased for a nice price of $62.

Any reason you went with that one?

I was looking at the 20Cs on Oct 15 and Jan 21

No real reason in particular. Went back and forth on the 20 and the 22 for October and figure I'd play a little safer as I've been burned on FCEL calls before. I made a ton on them, then bought two at peak in February at way too high of a premium.

[Matches Malone]

If JEIS says FCEL to 30 by October, I listen. 10/15 $22c purchased for a nice price of $62.

Any reason you went with that one?

I was looking at the 20Cs on Oct 15 and Jan 21

No real reason in particular. Went back and forth on the 20 and the 22 for October and figure I'd play a little safer as I've been burned on FCEL calls before. I made a ton on them, then bought two at peak in February at way too high of a premium.

I've been wanting to get into options trading, but I never know where to look or what to research. I might check out the 10/15 $22c option you purchased. I have a few hundred I can afford to lose if worse comes to worse lol.

[Stannis]

No real reason in particular. Went back and forth on the 20 and the 22 for October and figure I'd play a little safer as I've been burned on FCEL calls before. I made a ton on them, then bought two at peak in February at way too high of a premium.

I got burned on so many calls from Jan/Feb.

I still look back in shame lol. I bought into that euphoria

[midranger]

Petition to add "/Scratch-offs" to post title.

And pull-tabs.

[Thunder Muscle]

CLII slowly climbing, yay. Roblox has been real solid for me. I got in around $72/share and was up to $100 this morning.

[jschligs]

Petition to add "/Scratch-offs" to post title.

And pull-tabs.

Ok I gotta bring up a story and get all your opinions on this.

A coworker/friend and a few others were at a bar doing happy hour. He comes back from the bathroom and hands each of us 2-3 pull tabs. I win $250. What do you feel is the best course of action:

A. Keep the money as he gave me the pull tab
B. Give him all the money back as it was technically his purchase
C. Split the money 50/50
D. Something else

I'll reveal what he did later.

[MickeyDavis]

Keep it and buy him a drink

[RiotPunch]

Obviously keep it and laugh at him.