/biz/ - Business & Finance

>>29616539
I'm enjoying it. Question is do I sell just before 8 in case there's a sharp crash in the morning, or is it going to keep going at least part of the day?

>>29616539

CLF next? Earnings tomorrow

https://stocktwits.com/symbol/CLF

reddit happy about a dead cat bounce, the morons will double down and the shorts will crash it again.

>>29616539
DIAMOND HANDS BEBE!!!

To all those that didn’t buy or were naysayers:

Looooooosers!

>>29616623
I dunno, but I will some of my losses because I bought at 300 like a retart

>>29616623
THE SQUEEZZEZLE HAS NOT BEEN SQUAZZOOZLED

>>29616539
crypto does like 10x every other day in alt season this is peanuts

>>29616539
Where do I set limit order? 314.00? 420.88? 690.77?

cant wait for the salt after leddit fomos in again at the top and loses all their money again

>>29616623
why would you hold this long just to immediately fold?

>>29616687
I know the feeling fren. I bought at $300. I averaged down since but I can finally be free of this.

>>29616539
I do not believe this thing is going over 200 and will sell of tomorrow. No real reason for it to go up. At least no reason we know off right now.

>>29616737
$1000

>>29616539
Did you not see /gme/ threads?

>>29616687
see that's why you never sell at a loss. You wait for it to get back up or take the stock to your grave. Only noobs who don't have a safety net sell at a loss.

>Don't panic.

Question for those more intelligent than me: is it worth it to trade options? Buy calls on GME? I would only put in a little. I have no clue how options work so how much would I be fucking myself?

Bought at 220, hodled until (((/biz/raelis))) bullied me into selling at 50. Fucking faggots

>>29616539
I sold AMC and GME yesterday to put it into other things because I assumed by the time it did go up I could've made 3x as much from putting the money into other investments. I just lost yet another 1k by this bullshit. Fuck my cosmically bad luck.

>>29616890
fud

>>29616801
Because I have one share at $60. My money is in AMC which is happily also rising. If GTE is going to fall again in the morning I want to cash out tonight, then buy more for the true squeeze. But if this is the real deal I don't want to cut early.

>>29616920
more like comically bad luck
shit nigger why

>>29616920
I sold amc at 8 today, bought at 5, but I would not be suprised if it goes up to 20 for a short while. A lot of people will sell off, to cut losses though. That stock is as volatile as crypto.

>>29616539
>implying I didn't do the exact opposite of what /biz/ told me to

>>29616651
You are dedicated, I'll give you that.

>>29616661
Graph looks more like a dead cat skid considering jack shit happened for a whole month.

Ponzi Scheme Speedrun Round 2 has begun.

>>29616923
How is that fud? This shit is unironically squeezing. Have fun missing out on gains with your meme $420 sells.

>>29616539
Again*

>>29616920
>>29617124
I bought one AMC short call with $13 strike price for like 15 bucks as a joke. It's actually gonna hit it ffs

>>29616539
Why did /reddit/ beat /r/biz? What did I miss

>>29616539
>sold BB a few days ago
>it's still in the shit
Oh thank God

This is peak market euphoria . Welcome to 1929 folks

>>29616539
redditors btfo'd hedge funds. we're with reddit on this one. showing the system for the bullshit it is can only help crypto.

>>29616539
you retards need to realize that retail does not have the power to push a stock like this. Retail could cause a small spike here and there but a push this strong can only be done by institutions.

>>29617486
nah you're dum

>>29617093
Dude, it was hovering between $5 and $6 since the initial shitshow happened. Why keep it in limbo for a year when I could try putting it into other things to make it back?

This place is so nigger-tier. Out.

>>29617178
rybitch

>>29617618
Because movie theaters are going to open up eventually.
Also AMC pays out dividend. So it being a long term hold would not have been a bad idea. Obviously if it breaks $100 im selling and putting all that into chainlink.

>>29616623
fuck you for being able to sell/buy aftermarket
FUCK YOU

>>29617486
the discord trannies this this, its a pump n dump

>>29617486
literally no institutions are buying FUCKING GAMESTOP at 150 dollars

literally not a single one. not the longs, not the shorts. they are all only selling at such a stupid price.

it is 100% a retail phenomenon

also to all you retards who think this is gonna be like last time


last time, there were not an army of reddit bagholders who bought at 250, waiting and praying to exit their positions on this pump

Does it scare you guys that the market seems like a real life entity, with fiat as its blood and not even the most intelligent minds or computers can figure shit like this out?

>>29617790
I assumed that even if the movie theaters opened up again it'd still be worth around $9 at most. I thought that if I pulled out now when it was at $6 at a big loss I could remake all my money back through crypto. I wasn't expecting..... this. I'm honestly thinking about going back in and hoping it hype pumps up a few bucks to make back what I lost.

>>29618123
I wouldn't ever hold that long

>>29617984
the algos are you retard, 90% of this has been institutions vs institutions not retail, prolly 80% of reddit is less than 20k

>>29618240
ok but there are many people who will

see >>29616687
>>29616827

>>29617486
are you rarded?

>>29616539
if they held til now I'm genuinely happy for them.

>>29618286
nah
its just momentum chasers all piling in

>>29618295
Fair, people are delusional with GME. I bought at 100 today. I will sell at 200 tomorrow

>>29617486
The best part is when they buy high and sell low. Enjoy the show anon, maybe one day these reddit fags will go back.

>>29616893
exactly, stop losses are for making plays. protecting yourself with them is how noobs lose everything fast.

I am going to make so much money when it crashes on Friday

Fuck it, sold. I'm not gonna be the retard that waits for the $200 mark that never comes, maybe if it's still good in the morning I'll grab some

excelent short opportunity

>>29618207
Might as well wait until market opens for the morning dump.
I mean shit we are at 11 lol.

>>29616940
If you think it can crash from today and the squeeze will still come then you have no reason to sell early.
It either spikes more and you sell or it crashes and you just hold until it spikes again.

After I sell at a profit this round, I will never touch retailers again.

>>29618611
My luck with this shit seems to be bad on a godlike level. I just know if I buy in at $11 to try making some cash back it'll instantly drop by another $2 and kick my teeth in.

another thing to consider

Gamestop just fired their CFO this week (likely becuase of how badly he fucked up handling the last pump).
guarantee they do a stock offering this time. they wouldnt miss the opportunity TWICE

AMC probably wont, since they already diluted the top last time lol

>>29616706
this lol. cringe faggots

>>29618541
Same here. After sitting on a 3 digit loss for the last 3 weeks I got out when I was ahead by a 3 digit figure.

Trips and GME hits 300 tomorrow.

Everyone is going to sell asap in the morning and it will plummet.

>>29616539
>be me, NEET
>no idea how to stonks
>buy GME, don't sell bc I don't care
>this happens

>>29616651
Actually based.

>>29619918
based

>>29619918
this

>>29619918

the goys think they have a chance, have they not learned their lesson?

>>29617984
I want you to google “GameStop institutional holdings” you fucking mouth breather

>>29616904
bought at around 220 but i said fuck it and held cause you never lose money if you sell faggot

>>29618396
Lol, FOMO’d didn’t you.

>>29620542
you mean if u dont sell

>>29619049
>>29619049
What doe sthat mean stock offering

I'm in GME

>>29619457
Yeah, it’s probably bait to shake out the rest of the normies so they can illegal wriggle out of this in peace

>>29616539
biz doesn't know how to hold

>>29622528
>bait
It's just normal pump and dump behavior. There is no conspiracy.

>>29622349
they will create new stock out of thin air and sell them below current market value
i don't think GME has much more upside either, it's probably going to fill the gap around 250 or wherever it is but new ATH seems unlikely

>>29616706
>>29619075
Enjoy getting bathed in curry each time you get dumped on -50% you poor shitskins.

>>29616539
fucking love watching this. fuck /biz/ coinfags in the ass, lmao

>>29617398
This is Weimar. An economy driven by speculation. An economy where the average lower class speculator makes much more than those who work.

>>29622919
Most of reddit is still at a massive loss

>btfo
>half of all time high
Yeah, ok. I'll be impressed if it hits 400 or higher again.

I had no desire whatsoever of buying in at 50. The profit would have been nice but the odds of it coming crashing down to less were high. Good on whoever can make even or straight up turn a profit tomorrow if it goes past 250.

>>29616920
it's called paper hands.

so i'm guessing this has nothing to do with the short? this is just an overall market fluctuation, correct?

>>29616920
I sold Link at $4 in June 2020 and it started mooning the day after.

>>29620675
huh?

Lmao redditors about to lose their life savings all over again, on the same stock, hilarious

>>29624014
Why would they? They have a second chance now

>>29625402
A second chance to buy at 300 and sell at 40?

>>29617320
you mean you sold to open a short call

>>29623035
cope

>>29625510
I bought at 300and haven't sold yet. The meme is diamond hands.

>>29617984
you realize they had the chance to sell at 450 right? they got in at the beginning

hahahaha i am loving the FUD faggots tearing their hair out and crying. Fucking poor losers

>>29616623
Be awake at 1am and sell when PM opens because the eurorichs are gonna pump this shit and it will tank immediately. Happened every single day during the last run up.

>>29616706
Why choose on or the other? Play both dumbass

This thread is 2 hours old

Something ain't right. I see no hype in this

>>29626855
we have less of an audience because half of the gme shareholders panic sold

>>29623935
huh? huh?? HUH?? huh???

>>29623035
I don’t care, I’m up 5.5k today and I’ll be up even more tomorrow, get fucked faggot

Bought in at $300. Meh.

>>29627203
>5.5k

Nice. That's roughly the same amount that I invested in LINK in 2018.

>>29627203
But I won't insult you, like you did to me. You're already poor.

>>29616892
Contracts are priced high now. You can still spend the 500 or more dollars for a single out of the money call contract but those costs aren't worth it to me.

>>29616539
looks like a double top forming

>>29627715
>won’t insult you
just go back already

4x in a day? Shitcoins do that a lot, who cares what reddit does, you are letting them in your head rent free

>>29627673
kek let him have his moment anon

>>29628737
Thanks Jordan Peterson

>>29616539
Is that a cup and handle I espy?

>>29616706
>10X
Do you not understand what an option is you massive retard?

It's gonna pump and dump again. No one is short without adequate protection from the last month of people saying "lets squeeze the shorts". Meaning anyone just short the stock likely has OTM calls to protect their position.

>>29616539
You can't FUD the masters. It's like pissing in an ocean of piss. Who's the next CEO?

>>29616706
So why aren't you a billionaire? Dumbass...

>>29616539
>reddit in 2021
ngmi

>>29616539
Not everyone sold faggot in fact redditors are the ones bitching about their measly 10 shares I bet more of us here are proportionately profitable because everyone knows reddit is retarded, and it is easier to hold when you didn't use all your capital like all so many retarded posts I saw there

>>29616687
>>29616827
This is like common sense not to buy on rise. may as well sell and go into AMC. Squeeze looks like its happening sometime from now to may.