OT Gamestop: Wall Street + Animal House?

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Bought $PTON, $Uber more $TLRY, $PLUG and $ZOM with my $ETC gainz

Market still dipping so I'm buying.
 
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SlyPokerDog said:
Set a limit sell for 3 of then for $225. Keep the other 2.
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That's no fun, ha ha!

I sold some Office Depot stock I had been holding for about 13 years to buy most of it so it wasn't really a case of needing that money back to live off of or anything. Obviously I'd rather not lose it all but I'm kind of alright with an all or nothing scenario.
 
Buying the dip is like hitting myself in the head with a hammer over and over. But I am buy more dips. I have my eyes on Ford for now. Airbnb is at a fire sale buy price also so Im considering adding there but I already have a ton. ABNB is going to blow it out this summer.
 
May pick up $sos in the AM, they mine Ethereum and is low (under 4, I previously bought at 9)
 
Getting KILLED today in the markets, down 5.6%, but lots of red everywhere.

Bought dips in :

$ZOM
$BLNK
$PLUG
$FCEL
$SOS

Clean energy is really taking it up the ass right now.

Sold my $UBER.
 
Recovery day! Mostly green, almost recovered from yesterday's slaughter.

What about Cathie Wood though, she's really getting hammered on ARK the past few months. She's saying its a buying opportunity though.
 
FUBO up 26% After hours after a good earnings report. I've held this more than I should, but hopefully its paying off now!


 
EL PRESIDENTE said:
Recovery day! Mostly green, almost recovered from yesterday's slaughter.

What about Cathie Wood though, she's really getting hammered on ARK the past few months. She's saying its a buying opportunity though.
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It's always darkest before it's dawn. Cathie will be a genius again when tech turns around.
 
Market AND Crypto is both tanking. Down about 6% again today.

Only things green for me are $FUBO and $AMC
 
$AMC and $GME up today :Sly:

I got slaughtered again. I moved some of my gains into dips (sold my Peleton)
 
What happened? After hours, the market started shooting up and its continued into the day. Up 7% right now. woo woo!

:Sly:
 
All my stonks are green, all my crypto is red now. The opposite has been true the last few weeks.
 
I sold my GME and got my money back. I'm not convinced the squeeze is ever going to be allowed to happen at this point.
 
AMC ballin over 19..... How high does it go? When are you selling?
 
I'm holding forever (we'll see how high it gets). I don't have that much (20 shares) so YOLO.
 
https://finance.yahoo.com/news/gamestop-amc-short-sellers-lost-124332329.html

Gamestop, AMC short sellers lost $754 million after Tuesday's rally - Ortex

LONDON (Reuters) - Investors shorting meme stocks GameStop and AMC Entertainment are estimated to have lost $754 million on Tuesday alone as the shares rallied, data from financial analytics firm Ortex shows.

Shares in GameStop, which was at the heart of the so-called "stonks" retail trading mania earlier this year, rose 8% to nearly $225 in U.S. premarket trading on Wednesday, a day after rising 18%. Shares in cinema operator AMC soared 39%.

"The sharp price increase can cause short position holders to try to close their positions by buying back the shares, causing additional demand which in turn can cause the share price to go up further," said Peter Hillerberg, co-founder of Ortex.

"This is what the 'Reddit army' is hoping for."

Short interest in AMC is currently estimated to be 21% of freefloat and in GME it is estimated at 17% of freefloat, according to Refinitiv data.

Ortex data shows short-sellers lost $618 million during Tuesday's session, rising to $754 million if aftermarket trading were taken into account.

(Reporting by Thyagaraju Adinarayan and Sujata Rao)
 
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