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Post by selluwud on Jun 2, 2021 18:06:17 GMT
Anyone playing the squeeze game with the Reddit Wallstreetbets crowd. AMC is on a moon shot today following the GME game plan.
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Post by lcd on Jun 2, 2021 18:48:40 GMT
I briefly tried to get that crowd onboard with OBLG a few months ago. I thought their diamond hands might like OBLG as a tech play during covid, but no way am I touching any of their stonks.
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Post by selluwud on Jun 2, 2021 19:07:57 GMT
I bought some AMC back when GME ran up on the squeeze the first time. The AMC squeeze didn't materialize and I sold half my shares at a loss. I kept the remaining shares on a whim that it would get squeezed at some point in time. It seems the time is now. Hard to know when to get off, but I've covered my losses and have an overall 65% gain at this point. Diamond Hands. LOL. Who knows.....100+ in the cards..IDK?
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Post by magnus123 on Jun 3, 2021 9:14:06 GMT
I don't think that retail is pumping AMC at 4 am with massive volume. The majority of brokers doesn't even allow it. Except of IB and Webull. TD/ Fidelity and RH don't allow it. Funds and prop traders are fueling it significantly in my opinion. And all the big option trades can't be just retail...
I would buy puts if the IV was not so insanely high. And shorting is suicide. I had some KOSS but sold them too early.
The question how a stock becomes a meme stock is a great question for a scientific study by a sociologist and psychologist. It's fascinating. QUIK has the biggest potential to become a meme stock sometimes in the future because of the groundbreaking technology, growth and Brian Faith. If we had a huge number of listeners on the CCs, imagine the markets reaction. Brian can really spread excitement among listeners.
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Post by magnus123 on Jun 3, 2021 10:25:22 GMT
GEO is interesting for another short squeeze. Short float is 34%.
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Post by magnus123 on Jun 3, 2021 13:37:23 GMT
Bought some $7 calls in GEO this morning for $0.15 / contract. I wrote the money off already:)
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Post by captsmith77 on Jun 4, 2021 8:10:02 GMT
Yeah I shorted CELH the other day and that turned into a bloody mess rather quickly. The stock eventually went up about 15%+ in that one day, and so I took my $1300 loss, give or take, and ran the other way. Is the stock overvalued? Hell yes, but come to find out it had been promoted on the internet earlier that day, and so the usual moves that the stock makes, where it goes up a bit, and then retreats didn't apply, and eventually it just kept shooting up.
I got back on my horse though so to speak, and bought some GOOG, AMZN, and OMF for a hopeful quick play, and made another small profit shorting WFC. I had also sold my shares of Tesla earlier in the week as there's growing negativity around it, and glad I did as it continued to drop later in the week.
Buying into so-called "Meme stocks" isn't my thing, but shorting them is a dangerous game, and you really do have to be careful which companies you short as many could essentially become the next "meme stock".
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Post by magnus123 on Jun 9, 2021 12:21:43 GMT
Bought some $7 calls in GEO this morning for $0.15 / contract. I wrote the money off already:) GEO squeezing. $7 calls should print today. |
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Post by selluwud on Jun 9, 2021 12:36:27 GMT
I missed jumping into CLOV @ 8.95 last week when I was researching. Good call on your GEO
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Post by magnus123 on Jun 9, 2021 12:42:54 GMT
I missed jumping into CLOV @ 8.95 last week when I was researching. Good call on your GEO Yeah, CLOV was so obvious, but I missed out too. I will definitely hold my calls for some time. Not taking small profits. GEO could easily jump to $15-20 in a real squeeze. |
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Post by magnus123 on Jun 9, 2021 13:51:48 GMT
Holy GEO. Halted at $10.25.
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Post by JHam on Jun 9, 2021 14:02:19 GMT
Holy GEO. Halted at $10.25. Wow nice. Good luck! |
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Post by magnus123 on Jun 9, 2021 14:14:39 GMT
Holy GEO. Halted at $10.25. Wow nice. Good luck! Thanks man. I will put my profits into ONDS when I'm out here. |
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Post by actcrazy on Jul 2, 2021 4:13:31 GMT
Not a Meme stock yet but. PSLV is the only silver paper backed by physical. The Sprott Brothers are now holding more silver than the Comex ! The saying if "you don't hold it, you don't own it" is a good statement. For IRA's or employee plans PSLV is the closest to physical. When the Silver Squeeze hits, you need to be in it...imo ! Keep stacking Apes . Approved by Wall Street Silver !
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Post by magnus123 on Oct 22, 2021 13:17:08 GMT
Trumps SPAC seems to be the ultimate MEME stock. From $10 to more than $90 within 2 days. Warrants up over 10,000%! Unbelievable.
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Post by magnus123 on Oct 22, 2021 13:31:01 GMT
$130 now. I can't believe this  |
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Post by magnus123 on Oct 22, 2021 13:50:12 GMT
Phunware is up 1100%. This is historic!
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Post by JHam on Oct 22, 2021 16:04:09 GMT
Trumps SPAC seems to be the ultimate MEME stock. From $10 to more than $90 within 2 days. Warrants up over 10,000%! Unbelievable. Yeah, I’ve been watching that. I thought about jumping in and out of that quickly yesterday, but couldn’t risk it. Oh well. At some point maybe it could be a good short. |
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Post by lcd on Oct 25, 2021 12:05:32 GMT
I thought about jumping into the DWAC pre-market then jumping out this morning, but it is so volatile that I can't even decide on a price. I wouldn't be surprised if this doubles again this week, but no way would I hold it even overnight.
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Post by magnus123 on Oct 25, 2021 12:55:54 GMT
I thought about jumping into the DWAC pre-market then jumping out this morning, but it is so volatile that I can't even decide on a price. I wouldn't be surprised if this doubles again this week, but no way would I hold it even overnight. Very risky. But other SPACs from the DWAC family are moving as well. I'm in ZGYH and a bit in MAQC. Limited downside to $10 and BENE surged above $18 without news. All are led by DWAC CEO Orlando. |
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