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Misc Stock Market

Broken024 said:
This is the type of orange thats going to make people realize how irrational the market has been. I changed to 50% cash outside 401k today
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Being a relative novice at this, can you explain? I'm learning everyday.

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It's pretty likely that the Gamestop story "is" going to blow up a few hedge funds at this point. Chamath and Elon just threw gasoline and a match on the fire today.

IF Monday is any kind of hint/warning, what a poop show that's going to be.

Personally still think we have more to go with this story but that idea will get thrown in the trash if the December/January Nasdaq rally isn't a repeat of what we saw with August.
 
freebird581bd said:
Being a relative novice at this, can you explain? I'm learning everyday.

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It could be a nothing burger but the publicity this gets may make investors in general get an uneasy feeling about stocks in general which have been growing at an unsustainable rate. This is probably a small enough case that it means nothing, but overall concern could be that something similar to dot.com bubble is happening. Again, gamestop not an a representative of total market but it is just a what the ---- moment. I may just be overthinking it and market could keep running but I'm hesitant to keep 100% in stocks for now (i may miss out on gains but oh well). May also change my mind and go back in next week ?
 
What are the next stocks where this is likely to happen? Heavily shorted and at a fairly low price?

We need to identify this during market hours and before the party stops. At some point something will make this come to a screeching halt. But let's get rich first. We only have a short time here.

Let's go people! Think! What are the pkays here?!
 
Rain Cold said:
What are the next stocks where this is likely to happen? Heavily shorted and at a fairly low price?

We need to identify this during market hours and before the party stops. At some point something will make this come to a screeching halt. But let's get rich first. We only have a short time here.

Let's go people! Think! What are the pkays here?!
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Dillards, amc, BlackBerry
 
Rain Cold said:
What are the next stocks where this is likely to happen? Heavily shorted and at a fairly low price?

We need to identify this during market hours and before the party stops. At some point something will make this come to a screeching halt. But let's get rich first. We only have a short time here.

Let's go people! Think! What are the pkays here?!
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SHLDQ

SEARS!
 
Something has to give here. There is a counter attack vs shorts. It's funny to watch
 
Ok guys, good effort. Looking for something less than $20 that hasn't already run up 60% in the last few days. What do we got?
 
Rain Cold said:
Ok guys, good effort. Looking for something less than $20 that hasn't already run up 60% in the last few days. What do we got?
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You could try BB. Wallstreetbets is pumping that ---- like crazy now. Or Nokia.. also being pumped there. High risk though
 
Broken024 said:
You could try BB. Wallstreetbets is pumping that orange like crazy now. Or Nokia.. also being pumped there. High risk though
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That's better. But we need something where the price on the chart is at the red or maybe the yellow dot...not at the green dot. See what I mean? We gotta get a little bit ahead of these clowns. We're smarter than they are!

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snowlover91 said:
I’m in on AMC. If it follows GME it will run for days.
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I wish I had really contemplated it before market close today and I would have pulled the trigger. Will probably be up a thousand dollars by morning.
 
The autists see the same things we do. Nice AH action. Easy charts. If this breaks that $15 area it’s getting sent. F2DDE7EC-4453-4E70-8101-CF3D1F4F65B3.jpeg
 
You can probably sell a cash secured put on amc at 8 strike price tomorrow for decent premium.
 
A sign that the stock market is going to flip to a bearish market is when the percentage of traders/ trades done by individuals goes up really high vs hedge funds . Means lots of volatility , I read an article about it a few months ago. This is normal, stock market is healthy people feel encouraged to get in. What is happening now the idiots on Wall Street bets and other social media sites like stock twits and Twitter have coordinated all those people and exacerbated the affect . We are making for an epic downfall . I think we haven’t run out of steam just yet either . To the bears will be the final win .
 
Had my EXPR buy order ready when it dropped 30% into the red this morning. But as always I’m too big a ? to chase especially when it appears the party is over. One thing to keep in mind, when the GME bubble pops all of these go down with it.
 
Broken024 said:
Jesus. Good luck. Kodak already had its run a few months ago.
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But these charts can produce. Top out with months of consolidation can create a runway effect. I love playing these types of charts. KXIN is a perfect example
 
Jimmy Hypocracy said:
But these charts can produce. Top out with months of consolidation can create a runway effect. I love playing these types of charts. KXIN is a perfect example
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Happens in the OTC all the time. Opti is doing it right now. Seems like the big boards are behaving more like the Pinks these days. I know how to trade those atleast haha....assume its all a scam and take your money and run.
 
Speaking of KXIN...that thing has been a day trader’s gold mine and it’s going to blow again soon. Buy 3.70’s/3.80’s set stop under 3.60 has been the recipe. It’s coiled tight. Low float. Should provide 100% again. Sooner rather than later. Has had quite a few false starts this month already.3391331A-50B2-49B1-BF49-163ED0364C64.jpeg
 
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