Author Topic: Stock picks  (Read 77882 times)

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Offline eyephone

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Re: Stock picks
« Reply #405 on: January 27, 2021, 11:52:54 AM »
Retards are going to lose a lot of money on this, and it'll be sad and funny @ the same time.
Why not put some scratch in and join the retards on wallstreetbets?
Yeah I agree.
Some of these people do not know what is going on. This one person thought Nokia was an EV. Lol  He was mistaking it for Nikola the Ev company.

Offline nosuchreality

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Re: Stock picks
« Reply #406 on: January 27, 2021, 11:53:42 AM »
Playing musical chairs where half the players are employed by the guy running the music.

Offline eyephone

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Re: Stock picks
« Reply #407 on: January 27, 2021, 11:55:26 AM »
Playing musical chairs where half the players are employed by the guy running the music.

Yup. It’s funny to watch. There is a guy on twitch with 20k live viewers pumping the meme stocks. Lol

Offline morekaos

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Re: Stock picks
« Reply #408 on: January 27, 2021, 01:52:29 PM »
For those that don't remember the last "democratization" of the stock market watch these actual commercials designed to sucker in the sheep...1999.   It did not end wellfor the sheep...




Offline Kenkoko

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Re: Stock picks
« Reply #409 on: January 27, 2021, 08:09:45 PM »
Retards are going to lose a lot of money on this, and it'll be sad and funny @ the same time.
Why not put some scratch in and join the retards on wallstreetbets?

I love how all the talking heads are calling Wall Street Bets "retards" and “amateurs”  when they are the ones who actually understood the gamma squeeze unlike the hedge fund suits that got rekted

Offline Kenkoko

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Re: Stock picks
« Reply #410 on: January 27, 2021, 08:18:27 PM »
Can someone please explain the madness surrounding GME speculation?  I'm not sure what subReddit has done here, but they just manipulated the market big time over the past few days. 

Now, billionaire investors are getting skin in the game and benefiting from this ridiculousness!  SMH.

1 hedge fund blows up 1,000,000 retail investors ? “Efficient market”

1,000,000 retail investors blow up 1 hedge fund ? “Market manipulation”

Offline Cornflakes

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Re: Stock picks
« Reply #411 on: January 27, 2021, 11:56:31 PM »
There is nothing wrong with short selling...like playing the Don't Come line.  Just need to always marry it with a call just in case.  These are big boys going against the mob.  Would not want to bump heads with Blackrock in this little standoff.  Robin Hood will lose big in the end.  Well as the old saying will prove true again...A fool and his money....

Not necessary. When industrialists sucked lifeblood out of workers, unions came along and weakened the power of the elite. Sure it was painful transition for some or most but in the end they were better off.

I see this WSB as a revolt of masses against wall street elites. Will some 'retards' as they call themselves lose a shirt? Yes. The billions that few short sellers are losing are bing redistributed across a much broader base. As a whole I am hoping that enough of whales take a lesson from this and overall manipulation of the market reduces by a notch.

Offline nosuchreality

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Re: Stock picks
« Reply #412 on: January 28, 2021, 06:58:18 AM »
A tout is a tout. A pyramid scheme is a pyramid scheme.

Jimho, the hedge funds are the ones playing legitimately.

Most covered their positions yesterday or the day before, they probably will make more money now in the chaos than before.

Offline aquabliss

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Re: Stock picks
« Reply #413 on: January 28, 2021, 07:17:37 AM »
Looks like RobinHood has blocked me from buying GME.  So much for a free market.

Offline morekaos

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Re: Stock picks
« Reply #414 on: January 28, 2021, 08:09:14 AM »
Looks like RobinHood has blocked me from buying GME.  So much for a free market.

The onliners are starting to cover their arses.  Even though you make the calls they still have liability from the "suitability" flank if lots of clients lose money (which they will).  Schwab lost a case in the early 2000's (after the dot.com bust) when they thought they were only an order taker and had no responsibility if their clients committed financial suicide through their services...they were wrong, and that set the precedent.  The cycle continues today...Soon a Fed or  Treasury official will make an "Irrational Exuberance" comment.

Offline nosuchreality

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Re: Stock picks
« Reply #415 on: January 28, 2021, 08:58:05 AM »
Unmask WSB.

The initial tout on Jan 13th caused 140M surge in trading volume in a day.  That's $2.8B, or 100,000 retail investors taking $30,000 swings on a reddit tout.

300,000 taking $10,000 swings?

Oh wait, Robinhood average investor portfolio size is under $5000.


Offline Soylent Green Is People

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Re: Stock picks
« Reply #416 on: January 28, 2021, 09:40:27 AM »
Anyone else sense how appropriate it is that "Robinhood" has been at the forefront of this chaos?

Not supportive at all of the casino that WS has morphed into. Yes, it's always been a rigged game, but now there are so many other ways to appropriate wealth from outsiders to insiders.

If anything comes out of this, I'd hope it would be a per trade tax (buy and sell) that Harris was promoting when she was a candidate. I' m not turning this into a political thread here, but realistically some sort of Washington intervention is likely to occur once GameStop et al finally settle out. Let's hope the curbs will be meaningful.

My .02c
i
My .02c

SGIP

Offline eyephone

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Re: Stock picks
« Reply #417 on: January 28, 2021, 09:43:41 AM »
I hope the comments on R were not true. That some dumped their life savings into these stocks.

Offline morekaos

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Re: Stock picks
« Reply #418 on: January 28, 2021, 09:49:20 AM »
Without the government...it never makes money...

Tesla announces first EVER annual profit with earnings of $721 million in 2020 - but Elon Musk's firm falls short of Wall Street expectations
Tesla saw its stock soar in 2020 to make it the world´s most valuable automaker
The company earned $721 million, capped by a $270 million profit in Q4
It was Tesla's sixth straight quarterly net profit after years of mostly losses
Tesla said that excluding special items, it made $2.24 per share for the year, falling short of Wall Street expectations of $2.45
Earlier this month Tesla's market cap passed $800 billion for the first time ever 

Once again the company needed regulatory credits purchased by other automakers in order to make a profit. Without $1.58 billion in credits for the year, Tesla would have lost money. Other automakers buy the credits when they can't meet emissions and fuel economy standards.

https://www.dailymail.co.uk/news/article-9194675/Tesla-fights-pandemic-rides-sales-jump-1st-annual-profit.html

Offline eyephone

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Re: Stock picks
« Reply #419 on: January 28, 2021, 09:53:22 AM »
Here we go again.  So tell all there farmers that got subsidies for not selling crops to return the check.

 

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