Ryan Cohen, owner of Chewy.com, had a substantial take in the company and was recently elected to the Board of Directors
Massive short squeeze imminent (happening now)
so what you are saying is i should buy right now?Sure!
Sure!awesome. i think i have about $70,000 around doing nothing for me right now. i'll invest it all asap.
No way is gamestop going to go broke within the next 12 months :P
Yup have almost 1k in it myself. The short squeeze will happen soon.Have you made anything yet? Feels like it will drop in a matter of days.
Have you made anything yet? Feels like it will drop in a matter of days.It won't drop. I'm in the green. There's a new ceo and it's massively undervalued atm. They are ramping up digital sales, made a deal with Microsoft recently. It's the most shorted stock on the market, which basically means that big investors wanted it to fail and go bankrupt.
GameStop soars nearly 70%, trading briefly halted amid epic short squeeze (https://www.cnbc.com/2021/01/22/gamestop-soars-nearly-70percent-trading-briefly-halted-amid-epic-short-squeeze.html)Sell sell sell!
Look at all my tendies
awesome. i think i have about $70,000 around doing nothing for me right now. i'll invest it all asap.Did you do it? Could have made $35,000.
Sell sell sell!Lol 35k. Shares are going to fly to at least 400 usd each
Did you do it? Could have made $35,000.
Lol 35k. Shares are going to fly to at least 400 usd eachIgnoring that stocks are wonky nowadays, how much do you think gamestop should be accurately valued at?
Sell sell sell!lol, no. i don't gamble like that. i'm too dumb to even think i can win.
Did you do it? Could have made $35,000.
Ignoring that stocks are wonky nowadays, how much do you think gamestop should be accurately valued at?If you had read up on it you'd know there's no way it's crashing yet.
I feel like it'll all come crashing down on Monday.
Reached $150 today before dropping!Hehe hectic day. Ended the day well up. Short squeeze still hasn't happened. Over 130% short interest still. They tried to shake paper hands today. I was up around 300 percent today at the height hehe but I'm still 100 percent up at the end of the day.
https://markets.businessinsider.com/news/stocks/gamestop-short-sellers-squeezed-losses-reddit-traders-army-cohen-palihapitiya-2021-1-1030006226Lol Melvin capital is going bankrupt this week
wow. 5 billion in losses.
350 now. Y'all should've boughtHoly shirt.
350 now. Y'all should've boughtshoulda. woulda. coulda. didn't.
I made this thread at ~$40. Lol$70,000 @ 40 = 1,750 shares = $612,500 @ 350.
350 now. Y'all should've boughtare you buying into the other ones?
man now i'm wondering whether i need to buy like $500 in amc and blackberry to see what happens.lol, i don't really get what's going on but i feel like if you don't play too aggressively you can probably double your money just on all the other clueless people like me that are reading the gamestop articles and wanting to get in on the action.
could those possibly go up to $300 like gamestop?
fudge it i put $500 into GME. I'm in it now!
lol, i don't really get what's going on but i feel like if you don't play too aggressively you can probably double your money just on all the other clueless people like me that are reading the gamestop articles and wanting to get in on the action.if i'm understanding correctly on friday there will likely be a squeeze where shorts will have to be covered at multiple prices that the stock closed at this week. Which in turn requires them to buy more to cover their asses and will explode the stock
if i'm understanding correctly on friday there will likely be a squeeze where shorts will have to be covered at multiple prices that the stock closed at this week. Which in turn requires them to buy more to cover their asses and will explode the stockor...
and really if i at least double my money then i'm happy enough
shoulda. woulda. coulda. didn't.Well they're not overshorted like GME. Squeeze is still in its infancy here.
i would like massive gain but i'm too scared of massive losses to take these sorts of risks. i feel too ignorant about what stock is to make these kinds of bets. hell, how do i even buy stock as an individual?
i read some articles that blackberry and bed bath and beyond and a few others are next. are you investing there too?
Well they're not overshorted like GME. Squeeze is still in its infancy here.you're buying "stock" and not "options"?
You could put just a little bit in and watch it grow :). It's easy these days. I use etoro but Americans seem to use Robinhood a lot.
I hope gamestop comes out of this pretty well. It's cool that this is happening to a company within our industry, verse something like a barbershop chain.does gamestop actually benefit from this in any way. once they issue the stock i don't think the company itself actually benefits from increasing the price of the stock.
does gamestop actually benefit from this in any way. once they issue the stock i don't think the company itself actually benefits from increasing the price of the stock.I guess it depends how much stocks the company itself owns. But I'm not financial savvy enough to know.
nuggets getting wiiiiild. So many brokerages restricting trading of GME, AMC, and BByeah, feels like that ought to be illegal. blantant market manipulation to protect their shorts.
its literally an all out attack from the 1% right now
Almost like the entire stock market is designed by rich people to help rich people get richer.almost?
almost?No almost of course, just using the common "almost like..." saying.
i shouldn't talk i guess. i think i have like a million in stock between me and my wife's 401ks, our family's IRAs, my 2 kids 529s and what i have invested in my company's stock purchase plan. so yeah, fudge me and my bourgeois lifestyle.
No almost of course, just using the common "almost like..." saying.never claimed i wasn't. in fact i think i've said the opposite several times. i feel like the perfect level of rich really,.. i make enough money that i don't need to "budget" (aka i have no financial stress from being poor) and i don't make enough money to live a lavish lifestyle (aka i have no financial stress from having too many assets to maintain).
Yeah, you're one of the rich people :P
yeah, feels like that ought to be illegal. blantant market manipulation to protect their shorts.Would be great if this brought about improvements. The tactics by shorters have seemed obvious for years.
does gamestop actually benefit from this in any way. once they issue the stock i don't think the company itself actually benefits from increasing the price of the stock.If it stays high like $60 then they at the very least have more ways to avoid bankruptcy if things go bad. They can issue new stock to raise funds and I believe they can take out loans against their stock.
@Dr. PezusHe did, but didn't call the battleship from Robinhood and co. though, this is quite the rollercoaster ride.
I gotta hand it to you. You really called this. I sent you 5 raffle tickets.
I cannot wait to see how this ends. I've been monitoring the situation like a hawk because I find this to be so facinating.Yeah I learned all about how shorting works thanks to all this,.
wish I would have listened to you pezus but even with no money in the game I'm still glad you brought this to me attention.
I am sooo much more knowledgeable on stock now too. might start trading after this regardless.
Yeah I learned all about how shorting works thanks to all this,.The reward is just to great for me to not risk some money. I'm still looking to get into more trading anyway just as some extra money. Not gonna be a weirdo day trader who has like 10 monitors and buying and selling all day. Just want a little extra cash.
No way am I getting involved in the stock market though, its fun watching stuff like this only when you're not involved. I'll stick to standard methods of saving.
man Robinhood is till being snakes today. Limiting GME to only 1 share. fudgy billionaires i swearTo be clear, billionaires were/are getting rich off GameStop stock too. People are only turning this into a "battle against the 1%" in order to further their own agendas instead of actually making fixes.
To be clear, billionaires were/are getting rich off GameStop stock too. People are only turning this into a "battle against the 1%" in order to further their own agendas instead of actually making fixes.yes, but the hedgefund that enabled this (took the short) was not one of those winners.
you're buying "stock" and not "options"?Obviously. Buying up stocks causes the squeeze. Options can possibly help but stocks is where its at
@Dr. PezusWe're witnessing history here.
I gotta hand it to you. You really called this. I sent you 5 raffle tickets.
Lol 35k. Shares are going to fly to at least 400 usd eachLulz this feels like ages ago. Now we're thinking in the thousands.
When a poor person makes a mistake, he pays the price. When a rich person does, he is bailed out.Feels like this is the central pillar of modern society and the end goal of capitalism, everything always boils down to this. "Socialism is great when its the rich being given free money, but poor people can fudge off."
Obviously. Buying up stocks causes the squeeze. Options can possibly help but stocks is where its atso what are you buying next?
We're witnessing history here.
I'm appalled at the tactics being used by the billionaires.
Lulz this feels like ages ago. Now we're thinking in the thousands.
Oh and BTW. Overshorting like was done here could literally be the cause of a market crash. I have no idea why this was allowed in the first place. Now they're hoping to be bailed out when they should've know the risk.
When a poor person makes a mistake, he pays the price. When a rich person does, he is bailed out.
Feels like this is the central pillar of modern society and the end goal of capitalism, everything always boils down to this. "Socialism is great when its the rich being given free money, but poor people can fudge off."That's not what socialism means :P
God, its so upsetting.
yes, but the hedgefund that enabled this (took the short) was not one of those winners.At the very least, shorting needs better regulation. Being financially invested in the failure of a company is a recipe for disaster.
imo shorts should be illegal. it's straight up gambling and not investing. we might not be able to get laws passed but I promise you EVERYONE will think twice about shorting a stock in the future.
That's not what socialism means :P(https://pbs.twimg.com/media/ECxtHvYX4AU3QHs.jpg:large)
(https://pbs.twimg.com/media/ECxtHvYX4AU3QHs.jpg:large)You've won this round!
so what are you buying next?I'm going to put most of it into crypto (probably ethereum) when the squeeze is done.
That's not what socialism means :PYup and shorting over 100 percent should be illegal (I thought it was but apparently not)
At the very least, shorting needs better regulation. Being financially invested in the failure of a company is a recipe for disaster.
You've won this round!If I had bought tesla stock instead the car for the same money I could buy like 3 cars now (bought mine half a year ago)
Also seems I need to buy a Tesla. Only two people here own Teslas and both of them bought GameStop stock.
To be clear, billionaires were/are getting rich off GameStop stock too. People are only turning this into a "battle against the 1%" in order to further their own agendas instead of actually making fixes.yeah but to be fair they were betting on the company failing. And from how it looks now, this has turned from a quick money grab from redditers to it being an actual fight to not let the hedges win and keep winning. Some are in it still for money, but its definitely larger than that now.
Is it safe to say the fun part of this is over? It could stay $50+ for a long while but I don't think it'll set any more records.i don't think so yet. These hedges are still trying wayyyyyyy too hard. Its obvious
i don't think so yet. These hedges are still trying wayyyyyyy too hard. Its obviousso you think it is going to rebound?
so you think it is going to rebound?i think it could if they stop fudgy with the stocks. Like today the volume is still soooo low. its ridiculous
i think it could if they stop fudgy with the stocks. Like today the volume is still soooo low. its ridiculousi do not think they will stop fudgy with the stocks...
i do not think they will stop fudgy with the stocks...oh it will take lots of time i think, but definitely not anytime soon. If robinhood opens the floodgates to unrestricted trading of GME and even AMC it could easily rocket up some. Do i think it will get well over 1k a share, definitely not now, but last thursday it would have easily if all the brokers and hedges didn't fudge with everything.
oh it will take lots of time i think, but definitely not anytime soon. If robinhood opens the floodgates to unrestricted trading of GME and even AMC it could easily rocket up some. Do i think it will get well over 1k a share, definitely not now, but last thursday it would have easily if all the brokers and hedges didn't fudge with everything.yeah, i agree about last thrusday. that was wall street rigging the game in their favor. yes the lost a lot of money but they lost a lot less then they would have.
Hmmmm its rising again. And yes i own 14 shares.how the literal fudge is this going back up?
going to the moooon!!
how the literal fudge is this going back up?it appears to be another squeeze. The trajectory this past week has been very similar to the last time only 3X as high. So maybe we can hit over 1k a share. I am fudgy out if it hits that high
so i finally opened a fidelity account.market order just buy right at what the price is
Anyone know what these "order types" mean?
- market order
- limit order
- stop loss
- stop limit
- trailing stop loss ($)
- trailing stop loss (%)
- trailing stop limit ($)
- trailing stop limit (%)
the site is pretty good about defining weird terms but I can't find a glossary for these.
it appears to be another squeeze. The trajectory this past week has been very similar to the last time only 3X as high. So maybe we can hit over 1k a share. I am fudgy out if it hits that highokay, so if the stock i'm looking at is let's say $100 then:
market order just buy right at what the price is
limit order you get to set what price you want to buy.
stop losses just set a price for it to sell if it drops to far
Trailing stops you can set multiple so if it continues to keep dropping it sells shares at different levels.
i think i have that last one right. never done those before.
Also appears $140 might be the new floor for this stock.
okay, so if the stock i'm looking at is let's say $100 then:correct. Except im not sure about the limit order at a price higher. I've never done one of those so i don't know if it just initiates a market buy or it initiates a buy at $110
market order: buy the stock right now at $100 or whatever the price is at the time regardless of if it goes up or down.
limit order: i set a limit of let's say $90 and if the market value drops to $90 i start buying stock but if it doesn't drop then i don't buy any stock. or if i set a limit of $110 then i buy stock at the market value just so long as it doesn't go above the $110 limit i set.
limit loss: similar to above,... i set a limit of $90 and if the stock hits that a sell is initiated.
another question,.. i just put money yesterday. I can see my money in the "available cash" but there is no money ($0) in the "settled cash". it says that if i buy something in excess of my "settled cash" i may initiate a "good faith violation". Am I waiting for the settled cash to match my available cash balance before attempting to buy stock?
correct. Except im not sure about the limit order at a price higher. I've never done one of those so i don't know if it just initiates a market buy or it initiates a buy at $110yeah, i would use robinhood except that what they did wrt to gamestop is BS. i don't want to be in that situation so fidelity seems more reliable. + half of my 401k is with them so it's kind of nice to see that number more often then i had been.
And yes i think you need to wait for the cash to settle. I've never had that. I use Robinhood and TD Ameritrade and all my deposits i can use instantly.
actually it may not even let you do a higher price on a limit order. it probably just converts to market order.
yeah, i would use robinhood except that what they did wrt to gamestop is BS. i don't want to be in that situation so fidelity seems more reliable. + half of my 401k is with them so it's kind of nice to see that number more often then i had been.yeah once this gamestop stuff is done and hopefully i make a ton i'm done with Robinhood. Will just use TD ameritrade
yeah once this gamestop stuff is done and hopefully i make a ton i'm done with Robinhood. Will just use TD ameritradei'm still kicking myself for not listening when peuz was told gamestop was going "to the moon".
I'm going to get way more involved with trading. I own tesla stock in a roundabout way which has done great but I want more.yeah i want to get into legit trading after gamestop stuff is done. Do some day trading here and there.
Gonna buy rocket lab and maybe Sony.
i'm still kicking myself for not listening when peuz was told gamestop was going "to the moon".Now is pretty much the best time in a few months to buy stocks. Market has been crashing the past 3 weeks (mostly tech, EV) but today was a first sign of a rebound. You could literally buy any tech or EV stock now. They're all way oversold now. Even Apple fell líka 15% the past few weeks.
also, there is another stock i was mulling over for a few weeks and during that period i missed out on 30% growth. it's my abundance of caution that's going to lose me all my money....
Now is pretty much the best time in a few months to buy stocks. Market has been crashing the past 3 weeks (mostly tech, EV) but today was a first sign of a rebound. You could literally buy any tech or EV stock now. They're all way oversold now. Even Apple fell líka 15% the past few weeks.any favorites in EV that aren't tesla?
Oh and I'm afraid that GME might drop back down if the rest of the market gets more bullish again. It weirdly seems to be inversing the market.
I have no idea how GME went back up but it was most likely hedge funds trying to mess with other hedge funds.
any favorites in EV that aren't tesla?Nio for sure. Great discount yesterday when it dumped to just over 30 usd per share. Was 60 a few weeks ago (and price target is 60+).
I'm feeling the china based ones (nio, xpeng, li) but it might just be racism,.. china seems to want to push new tech instead of obstruct it like in america.
Now is pretty much the best time in a few months to buy stocks. Market has been crashing the past 3 weeks (mostly tech, EV) but today was a first sign of a rebound. You could literally buy any tech or EV stock now. They're all way oversold now. Even Apple fell líka 15% the past few weeks.I've seen a couple graphs showing what gme closed at last squeeze and what is happening now and it's practically similar. The higher it goes again the more calls become ITM. I'm feeling pretty good about it again this time. I'm just hoping it goes up like last time but at 3x the amount. I'm getting the fudge out when it spikes
Oh and I'm afraid that GME might drop back down if the rest of the market gets more bullish again. It weirdly seems to be inversing the market.
I have no idea how GME went back up but it was most likely hedge funds trying to mess with other hedge funds.
I've seen a couple graphs showing what gme closed at last squeeze and what is happening now and it's practically similar. The higher it goes again the more calls become ITM. I'm feeling pretty good about it again this time. I'm just hoping it goes up like last time but at 3x the amount. I'm getting the fudge out when it spikesso are you getting out today?
jesus..i'm gonna say no. If it does hit $300 to $400 in the next couple days i'll sell a few shares to make back some of my investment then leave the rest to see how it plays out.
so are you getting out today?
Interesting how gme always moons when the market is dropping in generalwell a lot of the reason it went up today is because of them announcing ryan cohen leading the initiative to turn the business into more e-commerce
Going to add a bit more if it drops today. I'm sad I didn't put a lot into it when it went down to 39 but really who could have faith at that point lulz
You spent 6k?i invested 6k. is that phrased better?
What.
well, as this appears to be transforming into a general stock thread,.. as of today i'm officially in the game. not GME. but i put 10k into my account and i spent about 6k of it. i intend to spend that last 4k but i'm delaying that because as I see it today is not the best day to get in.Nah yesterday was probably one of the best days to start in a while. Massive dips in great companies, mostly tech. And we've been dipping for over 3 weeks. Weird how companies with great earnings like apple and nvidia keep dropping. They'll go up soon enough
it's only been about 10 mintues and i'm already down $7.18...
(https://media0.giphy.com/media/lNMyVfxjfzIJO/200.gif)
Nah yesterday was probably one of the best days to start in a while. Massive dips in great companies, mostly tech. And we've been dipping for over 3 weeks. Weird how companies with great earnings like apple and nvidia keep dropping. They'll go up soon enoughyeah,. I know. I am approaching this as a medium term investor. buy on a dip. hold 1 year and 1 day hopefully. sell before the next dip to reinvest in some other dip.
yeah,. I know. I am approaching this as a medium term investor. buy on a dip. hold 1 year and 1 day hopefully. sell before the next dip to reinvest in some other dip.Yesterday was all dip and no tendies
so probably I mess everything up and lose everything.
officially I ended yesterday down $216. I purchased late enough to secure most of the dip but not all. and oh boy did things dip yesterday.
Yesterday was all dip and no tendiesexcept GME. lol
Yesterday was all dip and no tendiesi really need to not look at things daily but holy crud today saw a huge bounce back. i'm up 10% right now.
except GME. loljesus, it's still going up...
i really need to not look at things daily but holy crud today saw a huge bounce back. i'm up 10% right now.yup and its likely only to keep going. These hedge funds are still shorting the crud out of GME and this will squeeze again soon. Its 3x as high as the last squeeze so i think we could be looking at 1k a share easy within a week or so. As long as they don't fudge with the stock and limit share buying again.
jesus, it's still going up...
yup and its likely only to keep going. These hedge funds are still shorting the crud out of GME and this will squeeze again soon. Its 3x as high as the last squeeze so i think we could be looking at 1k a share easy within a week or so. As long as they don't fudge with the stock and limit share buying again.still a long ways to got before it even breaks the ~$350 it reached previously. i don't think $1000 is going to happen but i do wish you the best of luck. i'd love to see you post a trade showing 6000+% RoI.
It literally went up $6 in a minute just now. About to crack $240
still a long ways to got before it even breaks the ~$350 it reached previously. i don't think $1000 is going to happen but i do wish you the best of luck. i'd love to see you post a trade showing 6000+% RoI.yeah but last time it went up over $100 in a single day and since it seems to be following that same trajectory as last time we aren't even to the point it went to $350. We are still a few days away from that i think. But if it doesn't whatever, I'd still be happy with 500 or 600 a share though. I do think most people on Wall street bets are dumb for trying to make people think this thing could even get to 10k a share. Thats way ridiculous. lol
i really need to not look at things daily but holy crud today saw a huge bounce back. i'm up 10% right now.Welcome to stonks lmao
jesus, it's still going up...
still a long ways to got before it even breaks the ~$350 it reached previously. i don't think $1000 is going to happen but i do wish you the best of luck. i'd love to see you post a trade showing 6000+% RoI.It actually went up to almost 500 before but was halted and hurried down after that (and they stopped buying before it could really squeeze)
Welcome to stonks lmaoThe stock is going up a lot more steady so far too. The steadier it climbs the less likely it is to halt up until it really squeezes
Told y'all yesterday was a great time to buy. Might see a slight dip yesterday after this crazy day
It actually went up to almost 500 before but was halted and hurried down after that (and they stopped buying before it could really squeeze)
and we are over 300 for a few minutes nowwell over 300 for well over a minute now. to the moon!!
maaaaaaassive artificial dip created by the hedges. Love that fair market we live in. lollol.
and we crawling back to 300. What a fudgy waste those hedges shorted 4 millions share to create that dip.
lol.it was wiiiiild. My heart freaking sank when it was happening. But last time it shot up to 400 to 500 this exact thing happened and then next day it rocketed up.
the stock market is such a ducking casino. that swing though,.. just wow.
it was wiiiiild. My heart freaking sank when it was happening. But last time it shot up to 400 to 500 this exact thing happened and then next day it rocketed up.Crazy. Wasn't able to follow it today and my trailing stop loss triggered (at 280 usd tho). Would've bought the dip!
plus gamestop is now on the short restriction for tomorrow. They can only short on upticks
Now is pretty much the best time in a few months to buy stocks. Market has been crashing the past 3 weeks (mostly tech, EV) but today was a first sign of a rebound. You could literally buy any tech or EV stock now. They're all way oversold now. Even Apple fell líka 15% the past few weeks.another fantastic day for my portfolio. i should really thank you for this tip because i hit the bottom of the dip perfectly and i have almost 20% growth in like 3 days. it's not gamestop but at the same time i should "beat the market" but a lot this year.
Oh and I'm afraid that GME might drop back down if the rest of the market gets more bullish again. It weirdly seems to be inversing the market.
I have no idea how GME went back up but it was most likely hedge funds trying to mess with other hedge funds.
another fantastic day for my portfolio. i should really thank you for this tip because i hit the bottom of the dip perfectly and i have almost 20% growth in like 3 days. it's not gamestop but at the same time i should "beat the market" but a lot this year.Expect some red today though. Time to buy dips! Might be more rotation into recovery stocks (from tech and stuff) due to Biden's speech.
its going back up today so far. May end over 300 hopefully. Or something big happens and we go to like 500Pretty flat now but if the market is red today I expect gme to go up again. Cohen also tweeted again last night lulz
Pretty flat now but if the market is red today I expect gme to go up again. Cohen also tweeted again last night lulzIts up today. It almost hit 300 again. But down to 276 as of now
Expect some red today though. Time to buy dips! Might be more rotation into recovery stocks (from tech and stuff) due to Biden's speech.so what's your take on this chinese stock delisting?
I'm glad I have some cash for today 8)
Stimmy hitting very soon, should pump everything a bit.
Pretty flat now but if the market is red today I expect gme to go up again. Cohen also tweeted again last night lulz
so what's your take on this chinese stock delisting?I don't have a lot of Chinese stock (quite a bit of Nio though) so I haven't read a lot about it but I doubt any real companies will let that happen to them.
https://www.cnbc.com/2021/03/25/chinese-tech-stocks-fall-as-us-sec-begins-law-aimed-at-delisting.html
i'm probably overexposed on chinese stocks so while i'm doing okay overall i got hammered from my highs a few weeks ago. while i think the likelyhood of stocks being delisting are overblow the consequences of having a stock i'm invested in delisting would be devastating.
I don't have a lot of Chinese stock (quite a bit of Nio though) so I haven't read a lot about it but I doubt any real companies will let that happen to them.I'm using fidelity which is nice in a lot of ways but kind of sucks from a visualization. are you aware of any "tools" for just monitoring a bunch of stocks that is good? i'm not finding any that are free at least. i'm using google finance right now which is okay in some ways but a bit "featureless".
It's a good opportunity to buy the dip for some Chinese stocks though. I've been buying more Nio and a bit of Sea Limited.
I'm sure there are better days ahead soon. April is usually much greener than March
man, yesterday was terrible but today is awesome. really i'm back where i started but i've gotten and emotional rollercoaster along the way. maybe i should just stop looking...Try tradingview. It has very good chart features
I'm using fidelity which is nice in a lot of ways but kind of sucks from a visualization. are you aware of any "tools" for just monitoring a bunch of stocks that is good? i'm not finding any that are free at least. i'm using google finance right now which is okay in some ways but a bit "featureless".
Try tradingview. It has very good chart featuresslightly annoying that a few of the features i'd like is behind a paywall but the free version is still better than what i was doing.
I've already made 10% gains.A tesla
Stocks are fun. What should I spend my $5 on?
My rocket stock is surging. I'm only up $20 but it's thrilling lol.probably time to sell than. it will tank soon i'm certain of it.
probably time to sell than. it will tank soon i'm certain of it.It's going up because they announced really good financial results and other companies keep crashing rockets.
https://www.federalreserve.gov/newsevents.htmI don't know what I'm doing but I'll put this on.
https://www.youtube.com/FedReserveBoard/
not sure if anyone else is closely watching stocks anymore we may be at the precipice of our economic futures. 2:30 ET the FOMC will talk. depending on what they say we very well could be thrown into a significant recession. i'm honestly more excited about this conference than E3.
I don't know what I'm doing but I'll put this on.because i gave you a link?
Super windy day. Bit worried my fence will blow over.
Edt: why am I watching this?
because i gave you a link?Yeah I watched it.
you didn't have to watch it but even if you don't it has a substantial impact on your life. the battle against inflation begins here. the market seems happy but i personally think powell is being too dovish. inflation is going to run rampant in 2022.
because i gave you a link?I never know what to expect from the market these days. Seems like the market was expecting something worse because some things have been crashing the past few days and weeks even
you didn't have to watch it but even if you don't it has a substantial impact on your life. the battle against inflation begins here. the market seems happy but i personally think powell is being too dovish. inflation is going to run rampant in 2022.
I never know what to expect from the market these days. Seems like the market was expecting something worse because some things have been crashing the past few days and weeks evenme either. i'm 80% cash since november and missed all of the downturn. can't decide if i should get back in tomorrow. everyone says high inflation and raising interest rates will cause high PE and low profit stocks to crash. they did. ...but does that mean they go back up now or are now fairly priced?
me either. i'm 80% cash since november and missed all of the downturn. can't decide if i should get back in tomorrow. everyone says high inflation and raising interest rates will cause high PE and low profit stocks to crash. they did. ...but does that mean they go back up now or are now fairly priced?Well stuff like nvidia and amd seemed to benefit greatly. Also apple. Stocks that hadn't dropped that much compared to a lot of other stuff.
that relief rally whiplash really through me. i expeted some bounce but that was an insane turn around on hearing exactly what we expected to hear. as i reviewed stocks tonight i noticed the biggest bounces were in meme stonks so now i'm worried its a bull trap.
Well stuff like nvidia and amd seemed to benefit greatly. Also apple. Stocks that hadn't dropped that much compared to a lot of other stuff.thanks, i sold mostly have a profit but had to take a $500 loss on one of my stocks. but if i had stayed in the market i'd be down about 10k atm or about 20% of my current portfolio.
Good timing on going cash mostly! I was not able to do that. Should've done it, of course. I didn't expect stocks that were already not doing well to continue going down
I was wrong. I missed out on a hell of a run. oh well,. better safe then huge losses. it was kind of nice to have just ignored the market for a bit. not as nice as having thousands of dollars for doing nothing but nice all the same.I wasn't wrong...
Facebook's $237.6 billion drop in value sets all-time record (https://www.cnbc.com/2022/02/03/facebooks-237point6-billion-drop-in-value-sets-all-time-record.html)I heard their stocks went down, but yikes. What happened there?
I mean fudge meta/facebook/zuck so i'm happy its doing bad right now.Nah it drags the rest of the tech market down with it
i know we were talking about this elsewhere earlier but this is the "stocks" thread right?My mom bought yesterday.
DIS down ~3% as of this writing which is the lowest point in ~9 years. i'm still not confident it won't drop more but i will say that this is a pretty good entry point imo.
On the last trading day of the year, Nintendo shares *finally* top their Wii-era highs from 2007 to reach a new record. pic.twitter.com/r7yqBaH6LU
— Gearoid Reidy ?????????? (@GearoidReidy) December 29, 2023
Should have bought Nintendo stockNo idea why it's topping now. Anticipation for the next console? Knowing the Nintendo cycle though, the next console is likely to flopOn the last trading day of the year, Nintendo shares *finally* top their Wii-era highs from 2007 to reach a new record. pic.twitter.com/r7yqBaH6LU
— Gearoid Reidy ?????????? (@GearoidReidy) December 29, 2023
No idea why it's topping now. Anticipation for the next console? Knowing the Nintendo cycle though, the next console is likely to flopSure seems like it's hype for their next console. The whole graph is pretty funny like the Wii U days having incredible growth. Maybe that coincides with rumors that Nintendo was going to be sold.