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02-02-2021, 09:17 AM
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#2521
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,740
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the one thing we did learn from the Wall Street Bets gang is that they can take down decent sized hedge funds.
the silver game is way above their heads, but that won't stop a group of the big boys getting together and pooling their recourses together to go after the silver market. George Soros did it to the Bank of England, this one is a little bit more ambitious now but i can see how it can be done in heartbeat with the right type of firepower.
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02-02-2021, 09:55 AM
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#2522
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,542
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Looks like the GME gig might be up...down to almost $100
The funny thing is, you read the wallstreetbets forums and you kept reading over the weekend "HOLD HOLD HOLD" and "DIAMOND HANDS" (my personal fav for hold).
They kept writing about HOLDING for the big squeeze.
THE ****ING STOCK went from $15 to $480 in a couple of weeks...what more did they ****ing want?
That WAS the big squeeze.
Last edited by PaceAdvantage; 02-02-2021 at 09:57 AM.
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02-02-2021, 10:44 AM
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#2523
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Registered User
Join Date: Dec 2011
Posts: 148
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Quote:
Originally Posted by PaceAdvantage
Looks like the GME gig might be up...down to almost $100
The funny thing is, you read the wallstreetbets forums and you kept reading over the weekend "HOLD HOLD HOLD" and "DIAMOND HANDS" (my personal fav for hold).
They kept writing about HOLDING for the big squeeze.
THE ****ING STOCK went from $15 to $480 in a couple of weeks...what more did they ****ing want?
That WAS the big squeeze.
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So true! Every time I glance at the GME price this morning it's lower. It is making me chuckle.
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02-02-2021, 10:49 AM
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#2524
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Registered User
Join Date: May 2020
Location: New Jersey
Posts: 1,086
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Just saw on Fox business that Dave Portnoy of Barstool tweeted out that he lost 700 k on his meme trades.
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02-02-2021, 05:12 PM
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#2525
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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Quote:
Originally Posted by myohmyjustify
Just saw on Fox business that Dave Portnoy of Barstool tweeted out that he lost 700 k on his meme trades.
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By the time most people heard about it, it was already too late.
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02-02-2021, 06:41 PM
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#2526
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,740
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silver
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02-02-2021, 07:02 PM
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#2527
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,740
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Removing legends on restricted stocks
does anyone happen to have removed a legend on a restricted stock, and if you did, which brokerage firm did you use and how did it work for you?
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02-03-2021, 08:33 AM
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#2529
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,740
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while silver stocks got taken to the woodshed yesterday, they weren't able to get silver down more than 10%..
its a crazy market and even though we made the target price of $30 and the pullback down to $26, the $36 area looks pretty game now. it may take all year to get there. i am not to good on timeframes though. it could get there in as little as 2 months.
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02-03-2021, 09:15 AM
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#2530
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,740
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02-03-2021, 05:08 PM
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#2531
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Registered User
Join Date: May 2010
Posts: 2,021
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that wallstreetbets reddit is SO full of misinformation, reading some of it is comical.
there was someone posting how market makers have T+2 days to deliver shares after expiration. So they were projecting tuesday "TO THE MOON" for Market Makers having to fill friday expiration. UHH, market makers do NOT take positions. They would have had the shares and/or hedged their position appropriately to provide liquidity...that's the purpose of a MARKET MAKER.
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02-04-2021, 03:27 PM
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#2532
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,740
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GME from $500 down to $50 on the way to $5.
big day for AIM today finally!
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02-04-2021, 03:32 PM
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#2533
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,740
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Robin Hood on Super Bowl Add
"you don't have to become an investor, you were born one"!
i love it
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02-04-2021, 03:42 PM
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#2534
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,542
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How is it there are many people on wallstreetbets reddit telling people to HOLD for the squeeze.
THE SQUEEZE ALREADY HAPPENED...how do they not see this?
People are so stupid...in general...it's mind boggling. I guess that's what the media and government counts on every single day... 
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02-04-2021, 03:50 PM
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#2535
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,740
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Quote:
Originally Posted by PaceAdvantage
How is it there are many people on wallstreetbets reddit telling people to HOLD for the squeeze.
THE SQUEEZE ALREADY HAPPENED...how do they not see this?
People are so stupid...in general...it's mind boggling. I guess that's what the media and government counts on every single day... |
i missed a great short on GME, i picked up 2.5 points with AMC.
i already owned one that they started to run and then they bailed, MUX...i still own that one and probably will go to my grave with it!
AIM that i have been in for over a month already probably got run up by them, i am holding overnight.
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