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Member
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Jan 27 2021 09:28am
Wiped away all of my losses of the day with some well-timed AMD and DIS calls. What a blood bath though. This is why people should keep some powder dry. We get one or two of these days a month and it's an excellent trading opportunity.
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Jan 27 2021 09:33am
God my 1M chart looks like a crack addicts heartbeat

Intel just annihilated earnings and dropped down to 53. Why thank you yes I will get back into this massively undervalued stock

This post was edited by Thor123422 on Jan 27 2021 09:39am
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Jan 27 2021 09:52am
Quote (duffman316 @ Jan 27 2021 09:05am)
Im not worried about amd, im in it for the long haul


Honestly if every month you just buy Intel AMD and Nvidia you will always beat the market
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Jan 27 2021 09:52am
Market as a whole is getting beat. Boeing posted record losses. Surprised AAL is holding, considering the delivery delays Boeing is announcing.
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Jan 27 2021 09:55am
Quote (duffman316 @ Jan 27 2021 08:45am)
Just got me some shares of bb and amc ^_^

Same lol.

GME @ 328 wtf
Member
Posts: 28,882
Joined: Aug 11 2013
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Jan 27 2021 09:55am
My opinion on what's happening with the Reddit stocks:

I was listening to this hedge fund guy podcast who was whining about losing money on his GME short and I was thinking to myself, this guy has no affiliation to Citron, is it just a coincidence that this hedge fund is also shorting GME at exactly the same time?
I find it hilarious and highly hypocritical that the 'professionals', the newsletter writers, the hedge funds, the professional money managers, etc are so up in arms about what's happening. These people have been doing this shit for years. It goes something like this:

>One or more hedge fund identifies some company to short based on sometimes truthful sometimes bs claims or analysis
>Their reports are circulated to other money managers who pile into these same short positions (sometimes these are orchestrated campaigns)
>The stock plummets maybe because their claims are true but much of the time the stock drops way below what it should have because of the extreme 'short' pressure from the pilling on.

So now these assholes are on the other side of what they've been doing for many years and all of a sudden they're crying and want regulators to do something about it?
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Posts: 32,103
Joined: Dec 29 2009
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Jan 27 2021 09:58am
Quote (ofthevoid @ Jan 27 2021 09:55am)
My opinion on what's happening with the Reddit stocks:

I was listening to this hedge fund guy podcast who was whining about losing money on his GME short and I was thinking to myself, this guy has no affiliation to Citron, is it just a coincidence that this hedge fund is also shorting GME at exactly the same time?
I find it hilarious and highly hypocritical that the 'professionals', the newsletter writers, the hedge funds, the professional money managers, etc are so up in arms about what's happening. These people have been doing this shit for years. It goes something like this:

>One or more hedge fund identifies some company to short based on sometimes truthful sometimes bs claims or analysis
>Their reports are circulated to other money managers who pile into these same short positions (sometimes these are orchestrated campaigns)
>The stock plummets maybe because their claims are true but much of the time the stock drops way below what it should have because of the extreme 'short' pressure from the pilling on.

So now these assholes are on the other side of what they've been doing for many years and all of a sudden they're crying and want regulators to do something about it?


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Jan 27 2021 10:12am
Trading halted on EXPR....up 250+% this morning.
Member
Posts: 64,763
Joined: Oct 25 2006
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Jan 27 2021 10:31am
Quote (ofthevoid @ Jan 27 2021 09:55am)
My opinion on what's happening with the Reddit stocks:

I was listening to this hedge fund guy podcast who was whining about losing money on his GME short and I was thinking to myself, this guy has no affiliation to Citron, is it just a coincidence that this hedge fund is also shorting GME at exactly the same time?
I find it hilarious and highly hypocritical that the 'professionals', the newsletter writers, the hedge funds, the professional money managers, etc are so up in arms about what's happening. These people have been doing this shit for years. It goes something like this:

>One or more hedge fund identifies some company to short based on sometimes truthful sometimes bs claims or analysis
>Their reports are circulated to other money managers who pile into these same short positions (sometimes these are orchestrated campaigns)
>The stock plummets maybe because their claims are true but much of the time the stock drops way below what it should have because of the extreme 'short' pressure from the pilling on.

So now these assholes are on the other side of what they've been doing for many years and all of a sudden they're crying and want regulators to do something about it?


More or less. The current pump is not because of market manipulation. The market manipulation was taking GME down to $4.
Member
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Jan 27 2021 10:49am
ok for fun with my work friend, i bought one call option for next year on a stock (at double todays opening price) that is now being pumped out the wazoo .. the stock is already above my option to buy price lmao

This post was edited by excellence on Jan 27 2021 10:50am
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