Investing, Stock Market and Retirement Planning Thread

skullman80
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Investing, Stock Market and Retirement Planning Thread

Postby skullman80 » Wed Jan 27, 2021 7:59 pm

All of this crap to try to stop this and it's still going to finish more than double yesterdays close.

Game.set.match.

Pavel Bure
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Investing, Stock Market and Retirement Planning Thread

Postby Pavel Bure » Wed Jan 27, 2021 8:00 pm

Almost panic sold at $220.

Current meme

Apes together strong! Hodl

MrKennethTKangaroo
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Investing, Stock Market and Retirement Planning Thread

Postby MrKennethTKangaroo » Wed Jan 27, 2021 8:01 pm

Over the past 10 days, average volume for this stupid stock has been 99 million a day. That means 1 billion shares have changed hands over the past 10 days, and now its the shorts ruining things?

Freddy Rumsen
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Investing, Stock Market and Retirement Planning Thread

Postby Freddy Rumsen » Wed Jan 27, 2021 8:08 pm


Pavel Bure
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Investing, Stock Market and Retirement Planning Thread

Postby Pavel Bure » Wed Jan 27, 2021 8:08 pm

Over the past 10 days, average volume for this stupid stock has been 99 million a day. That means 1 billion shares have changed hands over the past 10 days, and now its the shorts ruining things?
Explain this a bit. Most people that know the industry/fundamentals seem pretty upset. Why?

count2infinity
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Investing, Stock Market and Retirement Planning Thread

Postby count2infinity » Wed Jan 27, 2021 8:18 pm

Because some people are going to make money by not doing it the way it’s supposed to be done.

Willie Kool
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Investing, Stock Market and Retirement Planning Thread

Postby Willie Kool » Wed Jan 27, 2021 8:19 pm

It's kinda like when they first started dunking in basketball...

skullman80
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Investing, Stock Market and Retirement Planning Thread

Postby skullman80 » Wed Jan 27, 2021 8:20 pm

Because some people are going to make money by not doing it the way it’s supposed to be done.
And to that I say boohoo.

AuthorTony
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Investing, Stock Market and Retirement Planning Thread

Postby AuthorTony » Wed Jan 27, 2021 8:21 pm

You fellows have piqued my interest. Is there an idiots guide for how to make money doing what y'all are doing?

mac5155
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Investing, Stock Market and Retirement Planning Thread

Postby mac5155 » Wed Jan 27, 2021 8:23 pm

You fellows have piqued my interest. Is there an idiots guide for how to make money doing what y'all are doing?
Step 1: acquire a time machine
Step 2:???
Step 3: profit
Last edited by mac5155 on Wed Jan 27, 2021 8:23 pm, edited 1 time in total.

Willie Kool
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Investing, Stock Market and Retirement Planning Thread

Postby Willie Kool » Wed Jan 27, 2021 8:23 pm

1. Buy GME, BB, AMC, NOK
2. ????
3. Profit

mac5155
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Investing, Stock Market and Retirement Planning Thread

Postby mac5155 » Wed Jan 27, 2021 8:24 pm

Lol. Wk beat me to my edit

count2infinity
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Investing, Stock Market and Retirement Planning Thread

Postby count2infinity » Wed Jan 27, 2021 8:24 pm

Take out a second mortgage and put it all on GME.


I’m obviously kidding. Don’t do that, but for real...

Willie Kool
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Investing, Stock Market and Retirement Planning Thread

Postby Willie Kool » Wed Jan 27, 2021 8:24 pm

:lol: :thumb:

mac5155
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Investing, Stock Market and Retirement Planning Thread

Postby mac5155 » Wed Jan 27, 2021 8:25 pm

I legitimately bought NOK a few days ago because I thought that it was long term growth. I didn't think it was a meme stock that was shorted

willeyeam
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Investing, Stock Market and Retirement Planning Thread

Postby willeyeam » Wed Jan 27, 2021 8:27 pm

We were discussing the poor (rich?) souls that just legitimately had these stocks. What a ride that would have been

skullman80
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Investing, Stock Market and Retirement Planning Thread

Postby skullman80 » Wed Jan 27, 2021 8:28 pm

@AuthorTony ...If you had like 5 or 10k you didn't care about losing I'd say throw it in on a dip and ride the rocket of GME.

Note: this is not financial advice and I'm a dumb dumb.

mac5155
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Investing, Stock Market and Retirement Planning Thread

Postby mac5155 » Wed Jan 27, 2021 8:30 pm


Willie Kool
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Investing, Stock Market and Retirement Planning Thread

Postby Willie Kool » Wed Jan 27, 2021 8:30 pm

We were discussing the poor (rich?) souls that just legitimately had these stocks. What a ride that would have been
Like a flash mob busting into your house, throwing hundred dollar bills everywhere...

mac5155
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Investing, Stock Market and Retirement Planning Thread

Postby mac5155 » Wed Jan 27, 2021 8:31 pm

Yeah, Tony, at this point, pick one of the 5 or so stocks WK mentioned and buy it. Some are cheap. Game stop is not. Don't invest what you aren't willing to lose. If you can afford GME then saddle up.

willeyeam
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Investing, Stock Market and Retirement Planning Thread

Postby willeyeam » Wed Jan 27, 2021 8:34 pm

My take is that GME was a concentrated effort and paid off/is paying off. Now everyone's searching for the next GME and the efforts are split amongst these stocks and they won't end up as successful. imo


I also own AMC and BB so YOLO
Last edited by willeyeam on Wed Jan 27, 2021 8:37 pm, edited 1 time in total.

NTP66
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Investing, Stock Market and Retirement Planning Thread

Postby NTP66 » Wed Jan 27, 2021 8:35 pm

My take is that GME was a concentrated effort and paid off/is paying off. Now everyone's searchi for the next GME and the efforts are split amongst these stocks and they won't end up as successful. imo


I also own AMC and BB so YOLO
I agree with this 100%.

AuthorTony
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Investing, Stock Market and Retirement Planning Thread

Postby AuthorTony » Wed Jan 27, 2021 8:35 pm

I tried to download the robinhood app but it's giving me errors. I'd imagine there are a few million other schmucks trying to register too. :lol:

skullman80
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Investing, Stock Market and Retirement Planning Thread

Postby skullman80 » Wed Jan 27, 2021 8:38 pm

My take is that GME was a concentrated effort and paid off/is paying off. Now everyone's searchi for the next GME and the efforts are split amongst these stocks and they won't end up as successful. imo


I also own AMC and BB so YOLO
I agree with this 100%.
Yep. GME is a one off. Others may get some play but the sheer payoff of GME is once in a lifetime. It's not normal at all. I hope that 99% of people realize that.

RonnieFranchise
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Investing, Stock Market and Retirement Planning Thread

Postby RonnieFranchise » Wed Jan 27, 2021 8:38 pm

I had about $130 sitting in an old ETrade brokerage account that honestly I'm not even sure why I have it. Probably the dregs of an ESPP that I cashed in to buy a car or something.

Shifted it to AMC at noon-ish and now I'm up by a case of decent beer.

It's the small wins.

Maybe they'll pick my company next. We were down 3% today.
Last edited by RonnieFranchise on Wed Jan 27, 2021 8:40 pm, edited 1 time in total.

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