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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 07-22-2021, 09:13 AM   #10756
MTG#10 MTG#10 is offline
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2 Grand Slam days in a row with 95% of my positions in the Green.

Can we finish the week strong?
Nope
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Old 07-22-2021, 10:23 AM   #10757
banyon banyon is offline
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TLRY, UWMC, MMAT and COIN. That's all I am in at the moment besides AMC, and none are down more than 15%. All companies I believe in and have no doubt I'll make bank on them eventually.
You seem to be heavily into the MOMO stocks. Would recommend tight pattern based stops. I've had good success with this when I am disciplined about it.
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Old 07-22-2021, 10:25 AM   #10758
banyon banyon is offline
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Bought some DPZ puts. this move is just silly.
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Old 07-22-2021, 10:26 AM   #10759
scho63 scho63 is offline
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Of course not. I’m giving Hog shit because he tried calling me out for going 100% cash last week in my trading account. There’s no need to bag hold in trading. Protecting capital is #1 so you can trade with momentum.

In more passive accounts I’ll absolutely add to positions and ride them down quite a bit more without selling.

It’s ok to treat different accounts…..differently.
Excellent post!
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Old 07-22-2021, 10:27 AM   #10760
scho63 scho63 is offline
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Lewdog, how did you wind up with APPL? Still holding any? Had a great run from $125
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Old 07-22-2021, 10:47 AM   #10761
Buehler445 Buehler445 is online now
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Originally Posted by banyon View Post
Bought some DPZ puts. this move is just silly.
Prolly Smart. But it could keep going.

Y'all need to check out coffee futures. Also weird shit.
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Old 07-22-2021, 10:49 AM   #10762
Hammock Parties Hammock Parties is offline
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Should I be concerned about CCIV trying to get enough votes on prop 2 (increasing the number of available shares) to confirm the merger with LUCID?

A bunch of idiots voted no on prop 2 and it's holding shit up. People are panicking.

They can always hold another vote, right?
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Old 07-22-2021, 11:25 AM   #10763
KChiefs1 KChiefs1 is offline
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I’m thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
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Old 07-22-2021, 11:35 AM   #10764
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A lot of BTC investors borrow against their 401K's.
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Old 07-22-2021, 11:36 AM   #10765
Buehler445 Buehler445 is online now
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Originally Posted by KChiefs1 View Post
I’m thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
Don’t do that.
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Old 07-22-2021, 11:48 AM   #10766
banyon banyon is offline
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I’m thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
Yes. MOMO is over, IMO
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Old 07-22-2021, 11:51 AM   #10767
banyon banyon is offline
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Prolly Smart. But it could keep going.

Y'all need to check out coffee futures. Also weird shit.
Yeah that's why I chose puts over direct shorting.
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Old 07-22-2021, 12:04 PM   #10768
MTG#10 MTG#10 is offline
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Originally Posted by KChiefs1 View Post
I’m thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
As confident as I am on it going parabolic I still wouldn't borrow money to put on it. Never invest anything you can't afford to lose.
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Old 07-22-2021, 12:45 PM   #10769
DaFace DaFace is offline
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I’m thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
I'm confused what you guys are expecting to happen at this point that hasn't already happened. If the goal was to cause a short squeeze, wouldn't that have happened by now if it was going to?

To answer your question, yes, you're nuts. But then I wouldn't have gone anywhere near that with the kind of money you are, so my opinion probably doesn't matter much.
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Old 07-22-2021, 01:12 PM   #10770
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I dont even feel like going into all over again, but there is a plethora of information out there on AMC and what is happening. Look into it, dig deep and you'll understand. Or be skeptical without doing any research, doesn't matter to me.
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