OT: Stock trading | Page 152 | The Boneyard

OT: Stock trading

Chin Diesel said:
AMC up around 9% in premarket so far.
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Over 200M in volume yesterday, 50% of which was short, which mathematically cannot happen due to the utilization. I find it hilarious how stupid these hedge fund managers think we are.
 
the Q said:
exactly why I said what I said. The home technology is so good now that streaming on your couch is just too easy.

you need a real attraction to get people in
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The new chairs, etc - are a draw. My fam and I love going to the movies. Just isn't the same at home - unless I go buy movie theatre chairs.
 
CTBasketball said:
Over 200M in volume yesterday, 50% of which was short, which mathematically cannot happen due to the utilization. I find it hilarious how stupid these hedge fund managers think we are.
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Most people are.
And It’s a trash company. Much like gamestock.

the fact that neither was smart enough to raise capital during these artificial price spikes shows how ignorant and poorly run they are
 
the Q said:
Most people are.
And It’s a trash company. Much like gamestock.

the fact that neither was smart enough to raise capital during these artificial price spikes shows how ignorant and poorly run they are
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The price hasn’t spiked yet.
 
Jay-Bone said:
Good timing. Nice little run on weed stocks since.

I just sold out of CGC, TLRY & SNDL.
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Yea i'm up 4.9% from when i bought it. Not bad for a couple of days. I think I'm going to be holding this for a while though. I hope it will go up significantly over time.
 
Da_Aisijimo_Gou said:
No recommendation regarding VW’s voting ADR VWAGY vs preferred ADR VWAPY, yet each ran up nicely since Oct. ;)

Porsche Auto Holdings POAHY offers a related alternative for consideration to reap possible VW and partner auto brand upside potential. Lower book value; debt yet minuscule interest rate. Plus, wouldn’t you rather own a Porsche, Bugatti, Lamborghini ...
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I was listening to a podcast and the guy loves Volkswagen bc they’re going to be one of the better EV companies and still have their gas and diesel vehicles
 
the Q said:
Most people are.
And It’s a trash company. Much like gamestock.

the fact that neither was smart enough to raise capital during these artificial price spikes shows how ignorant and poorly run they are
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CTBasketball said:
The price hasn’t spiked yet.
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It almost did today.

Tickled 50% gains early afternoon and settled in mid 30's% for today.

I put a small amount in to AMC at end of April. One month return has been about 150% so far. Do I expect to run up to infinity? No. But I'll still end up with a nice profit.
 
Chin Diesel said:
It almost did today.

Tickled 50% gains early afternoon and settled in mid 30's% for today.

I put a small amount in to AMC at end of April. One month return has been about 150% so far. Do I expect to run up to infinity? No. But I'll still end up with a nice profit.
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Sold basically 80% of my amc holdings in February lol
 
UConnSwag11 said:
I was listening to a podcast and the guy loves Volkswagen bc they’re going to be one of the better EV companies and still have their gas and diesel vehicles
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Aside from alternative-energy vehicles being a no brainer, gradually tightening regs in EU and even oil rich Norway provide no choice for VW to innovate and move away from both gas and diesel internal combustion engines. Whether VW and its' Porsche partners end up as one of the better EV or potentially hydrogen vehicle manufacturers is obviously TBD.
 
Chin Diesel said:
It almost did today.

Tickled 50% gains early afternoon and settled in mid 30's% for today.

I put a small amount in to AMC at end of April. One month return has been about 150% so far. Do I expect to run up to infinity? No. But I'll still end up with a nice profit.
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This still isn’t a price spike. This is people FOMO buying.
 
CTBasketball said:
This still isn’t a price spike. This is people FOMO buying.
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You and a coworker both with the FOMO "analysis".

Screenshot_20210527-222758.png
 
Chin Diesel said:
You and a coworker both with the FOMO "analysis".

View attachment 67641
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Failure of Missing Out!

Every time it goes up 5-10% you get more and more people interested, people like to buy bull runs. No idea what happens tomorrow, we could retest a $23-25 support level or we could just ride the volume past $30.

I do know over 1/2 the volume has been short the last few days, and it’s still going up +10% each day. I think short sellers have realized they can’t fight this.
 
Jay-Bone said:
news.bitcoin.com

Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets – Finance Bitcoin News

Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company's head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business.
news.bitcoin.com news.bitcoin.com
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That is cool...I guess. But paypal has outrageous fees. There are better alternatives. For nearly everything PayPal offers, there is better.
 
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