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[StreetsofBeige]

Had a decent day. +1.5%.

Had some stuff rebound, and got back into LSPD at $90 cdn. Earnings coming soon. Crossing fingers.

 

[haxan7]

MSFT up 5.0% after hours. It's expectations blew the market. FANGM stocks going wild tomm.

MSFT takes up 14.0% of my portofolio. Bought it at an average price of $154.00 with a total amount of shares of around 4000.

My best stocks today were DKNG, SIG

you have 4000 shares of MSFT? rich mf

 

[CrankyJay™]

DKNG could fall back to low 30's when I bought it. I have it at an average price of $31.87. It worth around $55 imo but with the gambling laws being allowed in NY, VIRGINA etc.

It could easily hit $70 ore more by end of year.

Was eyeing it up when it was DEAC after I made a killing riding SPCE from $9 to $40 last year.

 

[ManofOne]

you have 4000 shares of MSFT? rich mf

Lol, I learned a lot when I was interning at a big bank.

 

[ManofOne]

Microsoft will drag cloud and server companies up tomm. I continue to reiterate, AZURE is a beaaaast.

 

[sobaka770]

Papa Elon is the last straw, GME goes to Andromeda already after hours. This is insane but then again "looks at Tesla valuation".
Oh who cares I guess it's a retard market for a little bit.

Well if MSFT Azure is going up I hope the APXT spac will finally start moving up as well.

 

[ManofOne]

That elon effect on GME. Jesus its signal all over again.

 

[CrankyJay™]

GME $215 now. Kings being made and lives being ruined simultaneously

 

[ManofOne]

GME $215 now. Kings being made and lives being ruined simultaneously

Every $10 dollars it goes up by shorts lose $500 million

 

[UnravelKatharsis]

Papa Elon is the last straw, GME goes to Andromeda already after hours. This is insane but then again "looks at Tesla valuation".
Oh who cares I guess it's a retard market for a little bit.

Well if MSFT Azure is going up I hope the APXT spac will finally start moving up as well.

Can't all the whales just sell after hours? Driving down the price before open tomorrow?

 

[StreetsofBeige]

2.5 years too late. Had GME at $13 in summer 2018. Dumped it around $11.

But I always enjoy the ride seeing stocks go wild. Especially if it goes up as more people make money. I'm not a fan of investors trying to bash stocks hoping they crash and burn into bankruptcy. I know that's a valid way to make money too, but it just seems ethically negative.

 

[Tg89]

Every $10 dollars it goes up by shorts lose $500 million

You love to see it.

 

[StreetsofBeige]

Bed Bath and Beyond stock doing something similar no. Up to $40 now. Was $20 a couple weeks ago.

If you think BBB has room to do something similar, you can try it at $40.

 

[CrankyJay™]

I can’t believe I sold NNDM at $8. I mean.m, I made 30% but wow.

 

[quickwhips]

I wish I was retarded enough to buy gme but I'm like it's at best a 20 dollars stock.

 

[ManofOne]

I think you responded to the wrong person. I was asking about interest.
Is that a daily, weekly, yearly interest on borrowed shares?

Depends on the broker. There is something called Negative Rebates.

The market value of the short x (interest rate charged by the broker) x (period at which you're willing to sell) / 365 days.

This determine how much you owe on the MV on the short.

 

[StreetsofBeige]

GME at $240 AH.

ManofOne. With this crazy GME action, how much of it do you think it's massive short covers from scared shitless shorts, and how much is it longs tagging on hoping it keeps going up?

Got to be the shorts panicking right?????

 

[AmuroChan]

LOL GME went from a market cap of millions to a cap of $10B in like a month. Bananas.

 

[UnravelKatharsis]

GME at $240 AH.

ManofOne. With this crazy GME action, how much of it do you think it's massive short covers from scared shitless shorts, and how much is it longs tagging on hoping it keeps going up?

Got to be the shorts panicking right?????

I don't have a horse in the race but I'm enjoying watching. I'm curious what all the after hours trading will do when it opens in the morning.

 

[n0razi]

GME is crazy lol... Almost want to hop on the short train NOW but the internet is illogical as fuck. That guy on WSB who made millions better be selling some of his shares to lock in his winnings (he probably wont).

 

[quickwhips]

Amc is up after hours wtf. Im up 19%. teezzy want more tuna and peanut butter? Peter pan to the moon!

 

[haxan7]

I texted my mid-50s boss to give him a heads up about GME and he was already in on it, the son of a bitch.

 

[CrankyJay™]

Imagine we will see a shit ton of sec forms in the coming days/weeks from GME insiders dumping their shares, lol

 

[HoodWinked]

AMC also going nuts aftermarket.

 

[Nikana]

Still have no clue what I'm doing but I'm in this for the ride.

 

[StreetsofBeige]

AMC. Fuck. I was tempted to buy at $3 when it jumped from $2 to $3 last week. Now $5. Amazing.

 

[haxan7]

Bought a few more shares of GME after hours.

 

[haxan7]

edit: not sure if it's real

 

[ManofOne]

edit: not sure if it's real

Its real

 

[LordCBH]

AMC. Fuck. I was tempted to buy at $3 when it jumped from $2 to $3 last week. Now $5. Amazing.

I ended up getting some last week just for the hell of it. Figured I wouldn’t miss $20 if it didn’t pan out or something.

 

[ManofOne]

Looks like my math so off by $500 mil loll. Melvin Capital is fucked. That also assuming GME is the only company they are shorting.

These guys are so fucked. Check out my math:

As of Jan 22 2021 close, they were down 30%. They had 13.1 bn AUM as of Mar 2020 (assuming this doesn't change), that's a loss of $3.9 bn as of Jan 22 2021.
During this time, GME increased $46.95 (from $17.9 to $64.85). AKA for every $11.95 increase in GME price, Melvin loses $1bn. GME price as I am writing this is $103.46. That means:

Since the $2.75bn bailout, Melvin has lost another $3.2 bn or 25%.
When $GME hits ~$175 it'll be game fucking over for Melvin. -100% loss. They can't restart.

 

[haxan7]

I don't even give a shit about politics anymore. Stonks all the way. I need the market to keep going this way forever.

 

[ManofOne]

I don't even give a shit about politics anymore. Stonks all the way. I need the market to keep going this way forever.

Lol, i'm getting nervous tbh. I sense another bubble about to burst.

 

[CrankyJay™]

I don't even give a shit about politics anymore. Stonks all the way. I need the market to keep going this way forever.

That’s where I’m at. I know a few in this very thread don’t care for some of my political shit-takes but I think we can all agree this is a money grab no matter who is president and I wish everyone here only the best of luck!

 

[EviLore]

wtf @ GME

 

[StreetsofBeige]

Amazing. Lots of Melvin's short stocks have been targeted and have spiked big lately..... National Beverage, iRobot, Bed Bath Beyond.

Unless this company survives this multi hit attack, they are DOA.

 

[haxan7]

Lol, i'm getting nervous tbh. I sense another bubble about to burst.

I was thinking that this morning. I'm planning to cash out when I have enough for a house down payment.

 

[JORMBO]

I've only done some investing on an old company 401k that was sitting there dormant. I used the 28k in it to buy some stocks two years ago and it's at 70k now. This GME stuff, along with seeing how much my 28k has gone up has inspired me to invest some of my own money. I just opened a brokerage account and moved some money over to start. I'll have missed the GME train most likely by the time the money is there so I am going to look up some good long term stocks in the meantime. Having a pile of money sitting in a savings account earning nothing feels like a waste.

 

[quickwhips]

I've only done some investing on an old company 401k that was sitting there dormant. I used the 28k in it to buy some stocks two years ago and it's at 70k now. This GME stuff, along with seeing how much my 28k has gone up has inspired me to invest some of my own money. I just opened a brokerage account and moved some money over to start. I'll have missed the GME train most likely by the time the money is there so I am going to look up some good long term stocks in the meantime. Having a pile of money sitting in a savings account earning nothing feels like a waste.

I have money in amc and black berry. I'm hoping black berry will hit 30+ and amc will hit 15. That's when I will sell.

 

[mango drank]

What charting sites do you guys like to use? I'm just starting to learn at things to look for, and I'd like to be able to overlay moving averages, OBV line, etc. Some other fundamentals on the side wouldn't hurt either.

StockCharts.com seems all right, but kinda old. What are some good modern alternatives?

 

[ManofOne]

What charting sites do you guys like to use? I'm just starting to learn at things to look for, and I'd like to be able to overlay moving averages, OBV line, etc. Some other fundamentals on the side wouldn't hurt either.

StockCharts.com seems all right, but kinda old. What are some good modern alternatives?

How much money you willing to spend?

 

[ManofOne]

If that not a market bubble I don't know what is. If that ratio hits 8. I'll back out for a while until it settles.

 

[Taxexemption]

What charting sites do you guys like to use? I'm just starting to learn at things to look for, and I'd like to be able to overlay moving averages, OBV line, etc. Some other fundamentals on the side wouldn't hurt either.

StockCharts.com seems all right, but kinda old. What are some good modern alternatives?

TradingView — Track All Markets

Where the world charts, chats and trades markets. We're a supercharged super-charting platform and social network for traders and investors. Free to sign up.

www.tradingview.com

FINVIZ.com - Stock Screener

Stock screener for investors and traders, financial visualizations.

finviz.com

 

[mango drank]

How much money you willing to spend?

I'm still in the early stages, so I don't know what I need yet, just slowly racking up a list of things people say to look at. What are some good pay sites?

 

[ManofOne]

I'm still in the early stages, so I don't know what I need yet, just slowly racking up a list of things people say to look at. What are some good pay sites?

Well someone recommended it. FINVIZ.

Persoanlly, just read a lot. Look at the metrics financial analyst use to evaluate stocks, look at how they determine stock returns etc.

Bloomberg, FT, Seeking Alpha, WSJ all good places to start.

 

[quickwhips]

What charting sites do you guys like to use? I'm just starting to learn at things to look for, and I'd like to be able to overlay moving averages, OBV line, etc. Some other fundamentals on the side wouldn't hurt either.

StockCharts.com seems all right, but kinda old. What are some good modern alternatives?

What's a charting site. Stonks just go up did you not see gme. Musk even said game stonks.

 

[longdi]

Stonks make no sense now
Wtf 240 for gme, sold way tooooo soon

At least msft goes up.

 

[ManofOne]

You want to protect yourself from a bubble. Choose the stocks with the best cash ratios, high market cap, consistent earnings and good business.

 

[FactoryOfDeception]

Got in early with AMC and Kate with GME. If I sold now I would be up a few thousand. Going to be hard not to cash in soon. How that reddit guy hasnt cashed in at all on 22 million is absolutely insane.

 

[mango drank]

If that not a market bubble I don't know what is. If that ratio hits 8. I'll back out for a while until it settles.

Is that chart showing P/S, or something else?