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Mar 10 2021 09:02am
Three weeks of bleeding. One day and one hour into rebound to beat my highs in February lol
Props of buying every day of dips.
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Mar 10 2021 09:05am
Quote (S3th @ Mar 10 2021 09:02am)
Three weeks of bleeding. One day and one hour into rebound to beat my highs in February lol
Props of buying every day of dips.


Yeah lol. My only regret is not having money in savings to pump into PLTR when it fell to $22.
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Mar 10 2021 09:25am
Quote (Thor123422 @ Mar 10 2021 08:40am)
The original 300 price dropped because brokers stopped people's ability to buy it. Then big funds started shorting it from $300 which drove the price way down.

Then when trading got lifted it started going up from $40. Big institutions were shorting at $40.

Then last week there were no longer shares to short since institutions, again, over-shorted

Basically, institutions depressed the price by shorting, ran out of shortable shares, and the price went back up. They aren't learning from their mistakes :rofl:

We're nowhere near where we were before when it was over 100% shorted, but last I checked it was like 60% which is still very significant.


Trading restrictions have largely been removed for a couple weeks now, during the fall from 200s 100s to 40s

And lot of stocks have 60% short interest. Ur arguing 40 to now is short covering? Maybe


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Mar 10 2021 09:27am
Quote (Bazi @ Mar 10 2021 09:25am)
Trading restrictions have largely been removed for a couple weeks now, during the fall from 200s 100s to 40s

And lot of stocks have 60% short interest. Ur arguing 40 to now is short covering? Maybe


Lots of stocks have short interest, but only GME has meme lords buying and holding while the shorts run out of shortable shares.

This post was edited by Thor123422 on Mar 10 2021 09:27am
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Mar 10 2021 10:23am
Quote (myjsp123 @ Mar 10 2021 05:58am)
Pretty tempted to jump in on the AMC ride today, fearing it'll plummet though.

Anyone else going in now or am I way late to the party?


ive watched it climb day after day saying i should buy. but im just gonna take it off my list lol. tooooooo late.
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Mar 10 2021 10:45am
Quote (obisent @ Jan 29 2021 04:00pm)
Bought one GME share for kicks. Expecting this to go to 500 or 50, maybe even both.


If this keeps up itll do both, just not in the order I expected..
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Mar 10 2021 11:03am
ZOM had a good start but staying down a bit.
FIRE jumped a couple cents and fell back down into its regular barcoding.

I want in on SOLR but money in xfer till tomorrow morning.
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Mar 10 2021 11:40am
If PLTR closes above $26 I end the week up 20% realized gains.

If it closes below $26 I make 15% in premium and eat the unrealized loss, and sell again next week.

and if PLTR goes below $20 I deposit and buy more.

No matter what happens I make money.
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Mar 10 2021 11:40am
Tech hangover. This is the morning after where you’re paying back for some of the great fun you had last night
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Mar 10 2021 12:07pm
Quote (S3th @ Mar 9 2021 11:31pm)
You're completely ignoring the great bond auction we had today, lowering LT rates. We have an even larger sale tomorrow.


Wrong

Quote
The OECD substantially revised up its expectations for US growth this year, from 3.2 per cent in its December forecasts to 6.5 per cent


The OECD upgraded the stimulus' effect on US GDP by a whopping 3.3% yesterday, which is far more impactful than bonds experiencing slightly higher demand than normal

This post was edited by dro94 on Mar 10 2021 12:07pm
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