OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[johnnyredstorm]

I do my planning on the 4hr and daily charts. Only look at the shorter time frames to try and pinpoint exact entries. Longer timeframe is what you should be using to confirm swing ideas.

 

[airblaster503]

Conspiracy theory time on GME.
Beat earnings, Ryan Cohen officially announced as head of board of directors, new CEO from Amazon. Had their 8k ready to file right after the meeting showing the same number of proxy votes as their reported float, which means they likely had well over 100% votes in days ago, they cannot report over 100% on their filing. They also got authorization to sell another 5 mil shares. They are already almost a billion cash positive and no debt. The new offering will give them over 2 billion, they can then do a dividend they have rumored about which will trigger a share recall and shorts will be forced to cover triggering the squeeze.

regardless of what you think about fundamentals, how can you not afford to hold a position on them just based on knowing the float is way over 100% owned still.

 

[johnnyredstorm]

probably because I can hold PINS, U or ROKU instead and can close my eyes and wake up in 5 years to a 5-10x without any stress along the way.

 

[broncos19dm]

Getting wrecked today, CURI and RBLX especially

 

[johnnyredstorm]

Beta balancing is important. My account is up 1% today.

AAPL FB DIS NVDA PINS ROKU SHOP U SNOW FSLY. Good balance here of growth, volatility and safety.

 

[ballinsam23]

AAPL has been lagging hard this year.

 

[noskey]

probably because I can hold PINS, U or ROKU instead and can close my eyes and wake up in 5 years to a 5-10x without any stress along the way.

But GME 5x'd in 5 months. Y u hate winning JRS?

 

[noskey]

Oh also, GME is still up 1% from 5 days ago. Soooo nobody should be panicking AT ALL

 

[ballinsam23]

I'm not in on GME for the same reasons, but it's just as risky/volatile as FSLY.

 

[johnnyredstorm]

I'm not in on GME for the same reasons, but it's just as risky/volatile as FSLY.

With zero fundamentals. Fastly powers literally half of the internet we rely on daily. WSB wouldn’t be able to post if Fastly disappeared.

 

[hennessy]

Another quick $1k on CLF this morning. Did same thing I did with BB. See a lot of mentions on WSB, buy $10k worth of stock, set sell order at 10% gain.2/2 now after swearing off meme stocks. But I know it works until it doesn’t and I’m not risking more than $10k. And no options. Shares only.

 

[johnnyredstorm]

y'all can keep pumping dead companies, you're giving me the alpha needed to quietly compound with ease

 

[cragmatic]

Oh also, GME is still up 1% from 5 days ago. Soooo nobody should be panicking AT ALL

The friend of mine who initially got me into this madness told me yesterday that “based on the DD the price could drop to $30 and it wouldn’t make a difference.”

Not sure how I feel about that lmao.

 

[fargin]

I think, I said, the floor is now 300, yesterday.

 

[Chopper]

AAPL has been lagging hard this year.

Indeed. It'll pop eventually like it always does. Good time to accumulate imo.

 

[johnnyredstorm]

when it rips through 129 it won't be coming back any time soon.

 

[noskey]

when it rips through 129 it won't be coming back any time soon.

I hope so. This 3 and 6 month chart are straight up ***.

 

[fargin]

I'm out.

 

[216c2a]

Added more sony and gme

 

[fargin]

I did fine, but I could have done fine times two, if I had been more prudent.

Pride hurts like a mother though.

 

[jmilionair]

if you have faith in GME then buy the dip.....

 

[noskey]

I'll get out when it rebounds to 420.69 per share. I have become meme, destroyer of fundamentals.

 

[cragmatic]

I'm out.

When it was continually dipping to start the day, I felt it was going to continue to steadily bleed out. I got out… for now

 

[So Much Sole 23]

Lost A Couple Grand Today/Yesterday And I Ain’t Budging

VGAC Finally Getting A Little Price Action For Some Of Us

 

[fargin]

VGAC and SOFI are soothing me today.