Financial News - Page 58

iDumb · #**1426** January 25, 2021, 04:30 AM

there you go, look at pre-market. i'ts happening. Good luck!!!

iDumb · #**1427** January 25, 2021, 03:19 PM

I hope you guys are taking these wall street bets saga as a lesson and see how to avoid a pitfall. It's like cricket, some ball u just have to let go. Don't need to hit six.

GME went had a crash of more than 50% from high today. Someone bought that. mostly a regular joe who got suckered into all the glittery talk. Gambling is not investments.

cricman · #**1428** January 26, 2021, 04:24 PM

Quote:

Originally Posted by iDumb
I hope you guys are taking these wall street bets saga as a lesson and see how to avoid a pitfall. It's like cricket, some ball u just have to let go. Don't need to hit six.

GME went had a crash of more than 50% from high today. Someone bought that. mostly a regular joe who got suckered into all the glittery talk. Gambling is not investments.

Chamath tweeted about it, gave these dudes validation.

Now it's almost @200

The Hedge fund managers are also stubborn. This thing is gonna hit 1000.

It's gonna dip a few more times before it does but holy ****.

This is the financial equivalent of the MAGAs storming the capitol

iDumb · #**1429** January 26, 2021, 06:55 PM

Quote:

Originally Posted by cricman
This thing is gonna hit 1000.

It's gonna dip a few more times before it does but holy ****.

Still 500% away. I will just watch. Usually I like to be part of things but this one I will pass. Good luck.

Tausif · #**1430** January 28, 2021, 01:20 AM

Some craziness going on in the market. Quite an opportunity for a lot of folks to make some bank!!

cricman · #**1431** January 29, 2021, 10:33 PM

High probability Robinhood going bankrupt by Tuesday

iDumb · #**1432** January 30, 2021, 10:07 PM

I kinda feel nauseated looking from the sideline only because I followed this story developing way before it went mainstream viral. I understood the short squeeze but the price was already so high that I didn't think the effort to cause a short squeeze would pan out as ppl with billions of dollars in fund simply don't need to close position and can easily withstand some "paper loss" . But boy the way it went viral - ddin't see that coming. WSB was a good place to get some good info sometimes. Some of those guys do good research...now ppl wanna use it to pump a stock. Problem now is it has too much attention and grew a lot.. so that value as someone to look for good ideas is getting lost.

anyways I don't know what to make of GME anymore. It's unreasonably high but i don't think it will crash rapidly. I think it will remain high for a while. and I think they will justify a much higher valuation than before and not to mention the positive advertisement that they are getting. Regardless I would take this opportunity to day trade on it given the swing it has...

could have made lot of money - i gotta train myself to be a slightly more reckless...I think it will do me good. But oh well. Hopefully market don't crash - looks a bit tired and jittery again.

Zeeshan · #**1433** January 31, 2021, 07:32 PM

Pretty much sums up my view on this

https://www.chase.com/personal/inves...eaway-01292021

cricman · #**1434** January 31, 2021, 11:47 PM

I should have held my SLV calls one more day (sold at 264%), but sold away the shot at life changing money.

It might not be too late to get in.

Long OTM calls at a low premium (Under $1) have a chance if you can get in at 9:30

iDumb · #**1435** February 2, 2021, 02:57 AM

Quote:

Originally Posted by cricman
I should have held my SLV calls one more day (sold at 264%), but sold away the shot at life changing money.

dont be greedy. Come up with a plan and stick to it. That forum WSB is a dangerous one for your risk tolerance. It will make a gambler out of you. And most gamblers lose money.

There are so many opportunities every single day.

iDumb · #**1436** February 9, 2021, 11:10 AM

Quote:

Originally Posted by iDumb
Sometimes I feel like I am just a lucky guy. this is funny money.. LOL .

TILRAYYY!!!!

iDumb · #**1437** February 9, 2021, 12:30 PM

sold all my amzon and mastercard share after years. FB still undervalued i think. Apple holding hesitently. Time to shfit money from these behemoth and be more aggressive and reckless.

iDumb · #**1438** February 16, 2021, 02:13 AM

reddit guys talking up Palantir now. more Volatility is coming . I am already 80% out of my position. Now thinking should have kept iti and forget it. that was the intention becuase i did buy it in my roth initially.

tonoy · #**1439** February 16, 2021, 03:08 AM

I might be buying back palantir after a bit more correction. I am hoping Tesla stays at this price for a bit more if not drops more. I’m going all in on Tesla. Every bit of my bitcoin swing trades is being used to buy Tesla.

NoName · #**1440** February 16, 2021, 10:41 AM

Great time to buy in for PLTR, tanking hard after their report.

iDumb · #**1441** February 20, 2021, 05:57 PM

Quote:

Originally Posted by NoName
Great time to buy in for PLTR, tanking hard after their report.

thanks bro. Doubled down on palantir. YOLO.

Ajfar · #**1442** February 21, 2021, 12:38 AM

I like scrolling through stocktwits, I find it interesting to see what other people are saying. I was looking at $BA and came across an interesting company called Archer, all electric private aircraft manufacturer, aka flying taxi. They are going public through a merger with ACIC. United already placed $1B order with option for more. Anyone heard of Archer before?

iDumb · #**1443** February 24, 2021, 10:40 PM

gmaestop back in session