Stock of the Day
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- jonny_quest_lives1
The GME short was 4 months in the making... which is astounding that Citadel was caught off guard by the whole fiasco...
- I can totally hear a Jonah Hill type reciting that as the intro to the movie version of this fiasco.DaveO
- shapesalad0
- 3 minutes of information in a repetitive 15 minutes of waffle.DaveO
- @DaveO https://i.imgur.com/…sted
- Almost like one of those videos where they talk about ultimate diet tips, but never actually say what they are. It's a skill to talk for that long & say nothingDaveO
- He knows he needs to hit the 15min mark for the video duration to game youtube.shapesalad
- This guy is a legend. In 2008 at the very bottom of the stock market he said the entire market is gonna crash so hard on live TV (BBC). It did exact opposite.NBQ00
- sted0
- NBQ00-2
GME continues to slide down the drain. Oh the drama.
- renderedred0
so what's the next moon stonk? bennn i trust you!
- St Elon tweeted about DOGE, it jumped up 50%.
Get in there, you diamond-handed apes, you.Continuity - LOLrenderedred
- lol i stay away from 'meme stock' nowBennn
- St Elon tweeted about DOGE, it jumped up 50%.
- Continuity2
In all seriousness, though, it seems to me airline and other travel industry-related stocks would be good to buy and hold in anticipation of post-Covid recovery in the next 12-18 months.
- Or, at least, the beginnings of a recovery.Continuity
- Vanguard JETS is a good ETF that is an airline index. Protects against single stock picking but tracks the industryDaveO
- i know a few people in the tourism industry here. they all anticipate some movement in the summer. not before that.renderedred
- there's opportunity with GE and Boeing right now, both of which took huge hits recently.monospaced
- Nice, DaveO, I'll check it out.Continuity
- as far as i gathered there will be strict regulations who can travel and where.renderedred
- Gnnn. Like all ETFs on eToro, it's a fucking CFD.Continuity
- @mono, I wonder how long it will take Boeing to recover, especially after the 737 Max fiasco. The stock's been more or less flat since March '20.Continuity
- Yes, good to wonder. Their success hinges on commercial travel picking up. The 737 fiasco is in the past, so there is possibly nowhere to go but up, so they saymonospaced
- Personally, I think putting money in both GE and Boeing is a good way to invest in air travel while hedging your own bets. Long term, btw.monospaced
- investors.com doesn't paint a very rosy picture of the stock:
https://www.investor…Continuity
- NBQ00-1
GME 60's
- _niko1
I'm assuming that the hedge funds that lost billions the first time around, made their money back and then some shorting it this time?
- some profited huge on it, others pumped silvermonospaced
- Bennn-1
But for real the GME and AMC thing.... it's very sad, i see online that lots of them are still holding... many lost SO MUCH money! This is pure madness! They will never get that money back. Many of them top their credit cards on GME. Majority are kids in their 20s
- investing ≠ gamblingKrassy
- With credit cards? Holy shit. I didn’t realize that was possible.monospaced
- ^ Lots of online brokers like eToro let you top up your account with your credit card.Continuity
- That’s gross.monospaced
- Agreed. The last thing vulnerable people need is being able to max out their credit limits on losing bets like GME. I'm happy to top up by bank transfer.Continuity
- It should not be allowed. Trading with money you can’t cover is dangerous.monospaced
- ^ agreed. Reminds me of the real estate bubble when people who could not afford houses were allowed to "buy" and then the foreclosures happened shortly afterKrassy
- scarabin3
Guy in the python subreddit made a financial database some might find useful
- NBQ001
Near $600K loss so far and now has a left over buying power of only $500 in his account: https://www.reddit.com/r/wallstr…
Jesus.
- he is in +5k.sted
- Long Live the American Dream®utopian
- But they showed that hedge fund!monospaced
- Continuity0
Haha, WTF? Those smooth-brained retards at WSB must being going apeshit right about now.
- Jesus, it's up another 8$ since I posted this.Continuity
- You know it fell from 400‘s to nearly 40‘s earlier. Of course some bouncing expected.NBQ00
- It will go back to $20-30 eventuallly, where it belongs. And then decline slowly as their shit business model disintegrates.monospaced
- Yup, looking to me like that was a dead cat bounce.Continuity
- NBQ00-3
Stuff like this is fucked up though, if true: https://www.reddit.com/r/wallstr…
They basically sold his shares at lows without his permission.
- Trading with margin is trading with borrowed money, the exchange has the right to liquidate your position if you are no longer solventdrgs
- sted2
- grafician-2
CartaX private stock xchange
- shapesalad0
Three kinds of Shorters, and reasons not to hate on the first kind, as they're on your side:
