Here’s one for the ETF tracker gang.
https://on.mktw.net/3bQXJD0
Same, I bought TIGR on a tip article at $25 thinking it would continue to soar to $50, but at this point I'll be happy to take even some profit.
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Here’s one for the ETF tracker gang.
https://on.mktw.net/3bQXJD0
I had to double-check that this was real and not a p!ss take.
I suspect Hargreaves Lansdown et al will not be listing it.
Investment used to be a serious business now it seems to be just a game.
Its all a game though isn't it, technology has moved aspects of our lives in such fast a way that many are left behind looking at what has happened including me!
Its like crypto currency, we can all slate it saying it is baseless, the bottom will out one day and so on but while we moan and groan about it others are making good profits.
Tesla and GameStop are often hammered but they continue to do well, since the start of this thread its regularly mentioned the big crash is coming, this or that stock is going to drop big time.... in yet all through this pandemic the markets have held up well, crypto currencies going 5x/10x/100x their value.
Its crazy days for sure and there may well be a correction but many including me would have thought that would have happened by now..
I'm reasonably OK with the trajectory of the markets; USA seems pretty expensive but otherwise in a zero interest rate world things are plodding forwards OK.
The meme stocks make news but the reality is they are a tiny part of the market just a big part of the noise ... crypto ... yeah many are making money but I don't need to get involved in that casino to achieve my investment objectives.
Fair play to those who have made a quick buck on some of the speculative stuff but that has never been part of my investment tactics ...
I'm not expecting a big market crash / correction ... the NASDAQ could well take a dip but nothing catastrophic ... crypto to me seems like a ticking time bomb ... I hope those speculating book some profits on the way up.
Last edited by Montello; 27th May 2021 at 19:38.
This writer seems rather bullish.
https://investorplace.com/2021/02/ar...-be-the-start/
Always most bullish when the stock hits all-time high and the company directors are selling their shares to Joe Bagholder. You should ask yourself who commissioned this article.
Three months later and 50% lower I don't hear much about Argo outside of the bubble of this thread.
Argo will go to 50p before it returns to 300p.
Someone who lies about the little things will lie about the big things too.
Someone who lies about the little things will lie about the big things too.
Someone who lies about the little things will lie about the big things too.
Here is AMC market cap over time. Not only is the price per share going through the roof, but the company has also used the strength to issue a truckload of new shares. This is the company which bonds were trading below 20 cents on the Dollar six months ago (showing extremely high odds of bankruptcy).
Even at the previous all-time high for the shares ($35 in 12/2016), its market cap was only about 15% of what it is today. Yeah.
Last edited by Raffe; 2nd June 2021 at 18:57.
Someone who lies about the little things will lie about the big things too.
It's the inverse equivalent of trying to catch a falling knife.
I leave that for others for the time being.
May consider joining the trade if and when I have reason to believe the top is in. Right now I only see YOLO and FOMO and that is more powerful than anything else. Probably a couple of larger accounts that got killed today, this jump from $50 to $60 looked like a liquidation. This thing will go back to $10, so plenty of time to short on the way down.
Someone who lies about the little things will lie about the big things too.
State OF Us crypto report is out
63% of those earning 107k or above are described as crypto curious and plan on buying in
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AMC selling another 11 million shares, the prospectus has some nice language:
Shares crashing from pre-offering highs of $77 to below $55 within minutes.
Let the games begin, I think now we will finally see the extremely wild swings like we saw in GME 27-29 January (inside blue box) - but I am not sure the journey is over, we may as well see $120 today or tomorrow.
Last edited by Raffe; 3rd June 2021 at 12:38.
Someone who lies about the little things will lie about the big things too.
Who still holds TIGR and OUST?
Both have had fantastic weeks!!
Yup still hodling TIGR here, gonna ride it to the moon.
small TIGR, no OUST
Someone who lies about the little things will lie about the big things too.
Still holding my AMC stock from $9. It will eventually go over $100 I’m sure. Potential naked shorting and related synthetics hence the current share count and delayed share holders meeting.
Reddit supporters are all over this stock at the moment, and have been for the last 6 months.
Bigger than GME? Let’s wait and see. This could fly!
Last edited by Chinnock; 4th June 2021 at 20:14.
I’ve got a chunk of TIGR in my SIPP which is now nicely up, but the small punt I had on it when it crashed to $13 a while back is now over 100% up. #chuffed
No idea when to sell. Stocktwits are predicting $50 by year end….:
Nice.
I am also long AMC stock, and I don't rule out that the stock will print readings over $100 next week - basically everything is possible.
However the stupid conspiracy theories about naked shortselling, synthetic shares etc are so dumb that I feel insulted in my intelligence when I have to read them here.
Quite simply the share count is about four times as many as in early January because the company has dumped a truckload of shares onto their investors. I posted the development of market cap over the past years and this shows how stupid and counter to any logic this story is. That doesn't mean that the stock won't trade higher before it trades lower (the reason why I am long), but I promise you that it will trade a lot lower than today in a few months. A lot. A LOT.
And don't think the company management is the friend of the shareholders in this farce. They are greedy bastards who will milk their shareholders for the last penny they have. And in the end, there may be a handful of WSB guys who made a profit - but all those who are buying now will lose their pants. There are only three groups who are guaranteed to make a killing from what's currently happening at AMC: management, hedge funds and market-makers. Guess who will finance their profits?
Someone who lies about the little things will lie about the big things too.
Kyla is 23, and if you bear with her through the first three minutes, she has quite a good take on the AMC situation: it's not about AMC (it obviously isn't), it's about the madness of people who think they got the short end of the stick. It has a lot to do with simple truths, fake news, anger and a feeling of community fighting the suits. If you have twenty minutes to spare, listen to her.
Someone who lies about the little things will lie about the big things too.
It’s a “rebel stock”, plain and simple. Plenty more will come, and so will the money.
#followthetrend
#knowwhentosell
#thankyoureddit
Last edited by Chinnock; 4th June 2021 at 22:27.
Agree, it's a rebel stock. A stock for rebels with an unclear/confused cause.
I completely disagree that many more will come. I will go even as far as saying that AMC is the last real one, there will be other attempts at triggering something like it, and plain pumps/dumps for profit, but there will never again be a concerted global effort like this one.
Someone who lies about the little things will lie about the big things too.
I disagree this will be the last.
Social media, contempt of financial institutions (bail outs, pensions etc). Poor are getting poorer!
They’ve had a taste of blood, more will come. It will only grow in numbers. It’s a rebellion after all.
Smart people are using the mob!
Volatility is an investors opportunity, regardless of the truth.
Last edited by Chinnock; 4th June 2021 at 22:48.