Joe Posted January 29, 2021 Share Posted January 29, 2021 1 minute ago, Jason said: 🚀  I was hoping for a little more action from AMC, but we're still going to the moon, boys. 1 Quote Link to comment Share on other sites More sharing options...
Brian Posted January 29, 2021 Share Posted January 29, 2021 Quote Link to comment Share on other sites More sharing options...
Brian Posted January 29, 2021 Share Posted January 29, 2021 Just now, Joe said:  I was hoping for a little more action from AMC, but we're still going to the moon, boys. Majority of buyers don’t do AH. Premarket trading will be a better indicator Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 29, 2021 Share Posted January 29, 2021 I’m reading that AMC doesn’t have nearly the same amount of shorts on it that GME did. It’s def not going to GME levels. I want to be wrong Quote Link to comment Share on other sites More sharing options...
Greatoneshere Posted January 29, 2021 Share Posted January 29, 2021 15 minutes ago, BloodyHell said: God, you love to see this.  As a hippy dippy radical progressive leftist who actually has an economics degree, a JD, and an MBA (most people in these fields hate me, I assure you, due to my politics), all I have to say is:   This has been a great thread, and I am so glad people are catching on to the bullshit of hyper/crony capitalism and the stock market. Been texting all my Wall Street "friends" who work at banks, hedge funds, places like Freddie Mac even and just sending this. 2 Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 3 minutes ago, Spork3245 said: I’m reading that AMC doesn’t have nearly the same amount of shorts on it that GME did. It’s def not going to GME levels. I want to be wrong Its still incredibly high. So is b,b&b. Theres still plenty of dollars to make. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 29, 2021 Share Posted January 29, 2021 Just now, BloodyHell said: Its still incredibly high. So is b,b&b. Theres still plenty of dollars to make. I’m not saying it’s not high, just maybe don’t expect beyond $30/share or so. BUT who knows! Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 Just now, Spork3245 said: I’m not saying it’s not high, just maybe don’t expect beyond $30/share or so. BUT who knows! Profit is profit. If we win, billionaires lose. Quote Link to comment Share on other sites More sharing options...
Iculus Posted January 29, 2021 Share Posted January 29, 2021 Someone got into GME with $700k that was sitting at just under $14mil when he posted a screenshot of his market account. 1 Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 At this point, even my wife who is really financially responsible and rarely swears is like, "fuck it, lets twist the knife!" Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 29, 2021 Share Posted January 29, 2021 1 minute ago, BloodyHell said: At this point, even my wife who is really financially responsible and rarely swears is like, "fuck it, lets twist the knife!" Mine is too. Quote Link to comment Share on other sites More sharing options...
Jason Posted January 29, 2021 Share Posted January 29, 2021 1 Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 29, 2021 Share Posted January 29, 2021 5 minutes ago, Iculus said: Someone got into GME with $700k that was sitting at just under $14mil when he posted a screenshot of his market account.  He was up to $47m (total account value) yesterday. The $14m is the cash from positions he's closed.  He still has over $20m in open options and stock. Quote Link to comment Share on other sites More sharing options...
Iculus Posted January 29, 2021 Share Posted January 29, 2021 Just now, osxmatt said:  He was up to $47m (total account value) yesterday. The $14m is the cash from positions he's closed.  He still has over $20m in open options and stock. Nuts! It was just splashed in a video I was watching so I didn't have much time to look at it. Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 29, 2021 Share Posted January 29, 2021 1 minute ago, Iculus said: Nuts! It was just splashed in a video I was watching so I didn't have much time to look at it.  Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 7 minutes ago, Jason said: God I love it. Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 10 minutes ago, SuperSpreader said: Mine is too. They did it, they pissed off wives. Its officially over. Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted January 29, 2021 Share Posted January 29, 2021 I didn't have a ton of money to throw around, but I managed to snag some AMC yesterday.  Let's see what happens.  Truth Is The Game Was Rigged From The Start GIF - TruthIs TheGameWasRiggedFromTheStart Fallout - Discover & Share GIFs TENOR.COM Click to view the GIF   Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted January 29, 2021 Share Posted January 29, 2021 52 minutes ago, sblfilms said: GME in the $350 range after hours. I'm beginning to question my $650 limiter... SHALL I HOLD THE LINE?!?!?    48 minutes ago, silentbob said: Imagine what would happen if people get them new stimulus cheques   1 1 4 Quote Link to comment Share on other sites More sharing options...
Jason Posted January 29, 2021 Share Posted January 29, 2021 $1k or bust @sblfilms Quote Link to comment Share on other sites More sharing options...
Jason Posted January 29, 2021 Share Posted January 29, 2021 YOLO Quote Link to comment Share on other sites More sharing options...
Joe Posted January 29, 2021 Share Posted January 29, 2021 11 minutes ago, CitizenVectron said: Â Â Â Â Â Â First tweet is literally me. Quote Link to comment Share on other sites More sharing options...
elbobo Posted January 29, 2021 Share Posted January 29, 2021 just got my "we are only trying to protect you from yourselves" email from TDameritrade  We are in the midst of an unprecedented week in investing. It has included some of the highest-volume days in history.  I want to acknowledge that this week's trading volume and volatility across our entire industry has led to significantly increased call volumes and hold times for our clients, as well as challenges for some with our platforms at market open. Nothing is more important to us than serving you. We understand that service disruptions are frustrating and want you to know that we take these issues very seriously and sincerely apologize for any problems this may have caused.  In some cases, the volatility we are seeing in a small number of stocks has forced us to put restrictions in place. These restrictions will not prevent clients from buy and sell transactions. For the latest list of impacted stocks, visit tdameritrade.com/restricted.  We appreciate your patience and are committed to providing the high level of service and reliability you have come to expect from us.  here is there restriction list  Securities with trading restrictions  We have placed some restrictions on the following securities. These restrictions will not prevent clients from making basic buy and sell transactions. This list is as of January 28, 2021, 4:00PM ET.  AMC, CVM, EXPR, FOSL, GME, NOK, BB, BBBY, FIZZ, GSX, IRBT, NCMI, TR, UONE, VIR, NAK, NAKD, DDS, KOSS  The following restrictions are in place: Stocks - 100% holding requirement (not marginable) Long calls and puts are allowed Covered call and short put orders may only be placed with a broker. Please be aware that wait times to speak with a broker may be longer than normal due to current market conditions. Covered calls only allowed if your account currently has the shares Short puts only if you have the maintenance/cash to cover the entire exercise amount of the short puts All other complex options orders will not be accepted We may also implement additional restrictions on the opening of option trades that expire Friday, January 29th Quote Link to comment Share on other sites More sharing options...
elbobo Posted January 29, 2021 Share Posted January 29, 2021 well the pattern to make money for the last couple of days on GME and AMC is buy right before close and then sell in AH or pre-market Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted January 29, 2021 Share Posted January 29, 2021 Â 3 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted January 29, 2021 Author Share Posted January 29, 2021 Now for your buzz kill thread: Â Â Quote Link to comment Share on other sites More sharing options...
Massdriver Posted January 29, 2021 Share Posted January 29, 2021 4 hours ago, sblfilms said:  $650 on GME $50 on AMC I’ll take $50 AMC. That will triple my little bet! This is comical. Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 Â Â They seem to think they created a stock singularity since the hedge funds can't possibly buy all the stock they need. Quote Link to comment Share on other sites More sharing options...
Massdriver Posted January 29, 2021 Share Posted January 29, 2021 8 hours ago, BloodyHell said: Wife and I bought 400 AMC this morning. We'll see where it goes. We also bought into silver. Why did you buy silver? Do you think that will gain more traction with Wall Street bets? I know there is some posting going on about it. Â I have an old silver position from a decade ago. It would be neat to watch it go from 14-250 an ounce! Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 Just now, Massdriver said: Why did you buy silver? Do you think that will gain more traction with Wall Street bets? I know there is some posting going on about it.  I have an old silver position from a decade ago. It would be neat to watch it go from 14-250 an ounce! Seems to be the end game. Silver is heavily leveraged with shorts by major banks. Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 29, 2021 Share Posted January 29, 2021 2 minutes ago, BloodyHell said:   They seem to think they created a stock singularity since the hedge funds can't possibly buy all the stock they need.  tl;dr This is what a lot of people have been trying to explain with the stock being shorted over 100%, at times up to 240%. Investment firms still need to return more shares than actually exist to their borrowers. This has, to my knowledge, not happened before, at least not in a very long time if at all.  That's why what WSB is doing is different this time. I've been a user there for 3-4 years and we've barely been able to pump meme stocks and at times successfully Tesla. Quote Link to comment Share on other sites More sharing options...
Massdriver Posted January 29, 2021 Share Posted January 29, 2021 1 hour ago, Jason said:   What’s the story here? I have a coin base account. Why would someone want Dogecoin? Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 1 minute ago, Massdriver said: What’s the story here? I have a coin base account. Why would someone want Dogecoin? To the moon! Quote Link to comment Share on other sites More sharing options...
Massdriver Posted January 29, 2021 Share Posted January 29, 2021 7 minutes ago, BloodyHell said: Seems to be the end game. Silver is heavily leveraged with shorts by major banks. It’s been shorted like this for decades. The question is will WSB bet on it. Quote Link to comment Share on other sites More sharing options...
BloodyHell Posted January 29, 2021 Share Posted January 29, 2021 1 minute ago, Massdriver said: It’s been shorted like this for decades. The question is will WSB bet on it. They've been planning it for a while now apparently. Ive been furiously catching up. My wife and i have been yelling info at each other all day, while we each have multiple screens on. Quote Link to comment Share on other sites More sharing options...
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