MaestroMike
Gold Member
netflix still the king in the streaming wars. hot dam @ Roku's recent stock price performance its benefitting from the influx of all these streaming platform providers I guess
Invest in something less volatile. You’re gambling.What's everyone's thoughts on the future of pharmaceutical stocks? I'm a rookie to investing overall, got in at a nice time on one pharmaceutical and am up 70% from when I bought in the spring (wish I would have put more in, but what can ya do). My general rule is to only hold stocks I believe will be bigger in 3 years then they are now. I know you can't time the market, but at what point do you leave the table on something that's so tied to the current COVID situation?
The last few weeks have basically followed the same pattern. Market is up for most of the week, then pulls back on Friday. I freed up some cash yesterday in anticipation of this. So I'm going to be looking for some good opportunities to buy today.
That's concerning to me. In March, we saw the same thing, 5 consecutive weeks of sell offs on Friday, till the big drop. At the same time however yeilds were falling not rising.
wtf it keeps going up...GME made me a killing today
Only news I saw was Citron a few days bailing from their short attack claiming something about hackers abd Biden's inaurgeration making them cancel their livestream short call.That is a pump and dump. NO news.
Only news I saw was Citron a few days bailing from their short attack claiming something about hackers abd Biden's inaurgeration making them cancel their livestream short call.
Don't know. This page will update with resumption time.How long is the halt for?
That halt just cost me $200 but that’s alright. I still profited great today
I just sold. I’ll take my money and walk away
I’m still pretty new to trading. But I pulled a 25% profit. Today’s a good day might take the wife to a fancy dinner at Olive Garden to celebrateAtta boy, you'll never go broke taking profits.
There you go, you just pulled about 3-4 times what most fund managers can get you in a yearly return.I’m still pretty new to trading. But I pulled a 25% profit. Today’s a good day might take the wife to a fancy dinner at Olive Garden to celebrate
Paper hands.I just sold. I’ll take my money and walk away
I sold at $64 You think it’s going higher?Paper hands.
Hard to say.I sold at $64 You think it’s going higher?
Edit: I wish I’d been able to sell at $73 but the trading halt ruined that.
neither condone nor condemn
Can someone explain to me who is buying GME
Small groups and investors who recognize a short squeeze. (edit: And retards along for the memes who won't get out at the right time.) The stock was undervalued previously and with the coming generation of consoles coming out Hedgefunds shorted the stock heavily thinking the demise of retail combined with the pandemic as well as next gen being hyper digital focused would spell the end for GameStop. So they bought the idea that GameStop would drop like a rock and die. Other invested saw the massive trend to short the stock and the actual financials of the company which aren't bad (lots of profitable stores, lots of cash on hand, new board, etc) and decided to squeeze the hedgefunds and put them up against the wall.Can someone explain to me who is buying GME
The short was working. The stock during the covid meltdown dropped to about $3. Then it slowly rebound to $5-10. Then MS gabbed about it partnering so it rose to around $20. Then bam. $30. Now closed at $65.Small groups and investors who recognize a short squeeze. The stock was undervalued previously and with the coming generation of consoles coming out Hedgefunds shorted the stock heavily thinking the demise of retail combined with the pandemic as well as next gen being hyper digital focused would spell the end for GameStop. So they bought the idea that GameStop would drop like a rock and die. Other invested saw the massive trend to short the stock and the actual financials of the company which aren't bad (lots of profitable stores, lots of cash on hand, new board, etc) and decided to squeeze the hedgefunds and put them up against the wall.
The stock is rocketing up due to the short squeeze and nothing more. At this point the stock shouldn't be overpriced longer than a short period but the stock is being undervalued by hedgefunds who hold a lot of shorts and that means there is room to fuck them and get tendies.