Stock Market Discussion

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bubbie
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Wed May 26, 2021 1:10 pm

Codeblue wrote:
Wed May 26, 2021 10:58 am
Cktbreaker would eviscerate ya (if he was still posting in here).
Probably. This is the dumbest money ever though. Set buy limit, wait for the ding, set sell limit, wait for the ding, set buy limit... well, not as simple because you have to watch the price action in order not to drymount up buying the top. Not as exciting today. I have also been keeping the margins tight, between 5 and 10% (was late because of the meetings and the prices have settled a bit). I think the party may be coming to an end, unfortunately. Debating whether I should buy some real puts with flip money. Probably should have kept that last “batch”, which was a weird one too - the limit filled when the market was already 10% higher. Go figure.

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Edit: Did a few more instaflips today. The last one turned out to be a failip that wiped out the gains from the previous one and 0.5 of the one before, lol (I got tired of it and dumped it at market).

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Hoping for a rerun tomorrow.
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bubbie
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Thu May 27, 2021 11:25 am

Seriously, a gift that keeps (probably kept) on giving.

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chalkdust
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Thu May 27, 2021 1:49 pm

holy crap AMC is on fire today
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bubbie
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Thu May 27, 2021 2:40 pm

Yeah, it’s insane (although it’s been 3 days, technically). The rug pull will be epic. There are people who have been buying above $29 today, lol. Same bagholders from the previous meme pumps probably.
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chalkdust
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Thu May 27, 2021 3:11 pm

I'm still sitting on my pile of $4 shares, was too slow to dump last go around so this is all gravy for me
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Codeblue
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Thu May 27, 2021 3:17 pm

Luls.
RupertPupkin wrote:I live by this rule and this rule alone: people are drymounting idiots.
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mr_rugby
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Tue Jun 01, 2021 3:07 pm

My NIO bags are beginning to fill. Hold at mid to lower 40’s until June’s numbers are released. I add a little bit every chance I get
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bubbie
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Wed Jun 02, 2021 1:23 am

^ I bought puts today. Up quite a bit on (at best) mediocre news and hit some serious resistance there. Volume was solid though, which made me hesitate (a lot). We will see.
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bubbie
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Wed Jun 02, 2021 12:12 pm

chalkdust wrote:
Thu May 27, 2021 3:11 pm
I'm still sitting on my pile of $4 shares, was too slow to dump last go around so this is all gravy for me
Don’t forget to sell the top this time.

Or, you can keep the shares and use exclusive benefits:

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chalkdust
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Wed Jun 02, 2021 1:12 pm

holy crap, $65 just now....lulz indeed!
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Codeblue
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Wed Jun 02, 2021 1:13 pm

Plz tell us how many shares ya haz.
RupertPupkin wrote:I live by this rule and this rule alone: people are drymounting idiots.
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chalkdust
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Wed Jun 02, 2021 1:22 pm

let's put it this way..

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Codeblue
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Wed Jun 02, 2021 2:08 pm

Luls.
RupertPupkin wrote:I live by this rule and this rule alone: people are drymounting idiots.
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jpfondu
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Wed Jun 02, 2021 3:36 pm

Every day I look at AMC I think its the top and leave it alone. Every day I get poorer.
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bubbie
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Wed Jun 02, 2021 4:31 pm

^ Why are you getting poorer?

I am not touching AMC either, that fudge is unpredictable. I looked at options and it’s just not worth drymounting with, IV is insane and prices are fairly sticky (unless you catch one of the big dumps, like today from $72 to $59 or whatever it was). So drymount that, at least for now.

GME is still solid though. Flipped some more puts today.
chalkdust wrote:
Wed Jun 02, 2021 1:22 pm
let's put it this way..

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So did you sell?
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