Economy stock talk v7, meme stocks go up

[brackis1]

i mean... i don't remember if i mentioned this here, but i asked my tda guy about the options fees (if they could waive them or cut them significantly) and he tried to downplay it as if it wouldn't really cost me anything and then (when i disagreed) he asked me how many contracts i trade. when i told him, he got real weird (and said he'd get back to me about it) and i haven't heard from him since. haha.

theta gang, the black sheep. wsb treats us like we're wizards, tda treats us like lepers.

i blame this guy.

Isn't that the dude from the Chicago exchange crash film?
I don't watch youtube bullshit much but remember that goofy ass hat.

 

[rob mafia]

Anyone have any stocks they've been totally slaughtered on lately one way or another? Usually the best time to play them.
I put a small bet on Coty the other day on KKR financing deal and the thing has been dropping like nothing I've seen. Might be upping it.

spwr down 22% since their earnings report (beat). pretty much the only thing that's been annoying me. well, mostly since i still don't know when the maxeon split is (they said q2 back in november)

 

[rob mafia]

Isn't that the dude from the Chicago exchange crash film?
I don't watch youtube bullshit much but remember that goofy ass hat.

i didn't watch that, so dunno. but probably, he seems to love those stupid hats. he made tos and tastyworks, i think.

 

[rob mafia]

oh, and i sold aytu today (earnings is after hours). might buy back in tomorrow/next week, assuming it drops a lot.

 

[brackis1]

oh, and i sold aytu today (earnings is after hours). might buy back in tomorrow/next week, assuming it drops a lot.

I don't trust that shit whatsoever.
Of all the spec virus stocks that one seems the most fake to me.

 

[rob mafia]

I don't trust that shit whatsoever.
Of all the spec virus stocks that one seems the most fake to me.

*shrugs*

i feel the opposite, probably because it's just tech. i trust tech more than drugs, in terms of this kind of shit. but i also suspect their earnings are hot garbage. regardless, this is just a big speculation play.

 

[brackis1]

*shrugs*

i feel the opposite, probably because it's just tech. i trust tech more than drugs, in terms of this kind of shit. but i also suspect their earnings are hot garbage. regardless, this is just a big speculation play.

When it's spec plays, the beautiful dream of worldwide vaccine adoption seems like a bigger payday IMO. Not that I'm touching any of them.

 

[rob mafia]

When it's spec plays, the beautiful dream of worldwide vaccine adoption seems like a bigger payday IMO. Not that I'm touching any of them.

sure, but they're lottery tickets. this is an actual product/tech, and its usage would be greater than covid.

 

[44nutman]

Bought MGm this morning as soon as it dropped below 12. I am going to hold this one for a while. They are over 13 right now

 

[brackis1]

Congrats to anyone holding ACB Aurora. I really need to do a better job making notes for earnings on trendy stocks for 2-3 days out. No way I was gonna buy in up 15% on the day.

 

[44nutman]

Congrats to anyone holding ACB Aurora. I really need to do a better job making notes for earnings on trendy stocks for 2-3 days out. No way I was gonna buy in up 15% on the day.

Revenue is up and still losing a shit ton of money. They are going to release more shares to raise money. So the gain will be temporary. Also I read somewhere its like one of the most owned stocks on Robinhood.

 

[brackis1]

Revenue is up and still losing a shit ton of money. They are going to release more shares to raise money. So the gain will be temporary. Also I read somewhere its like one of the most owned stocks on Robinhood.

Oh yeah I wouldnt hold that shit lol.

 

[rob mafia]

Congrats to anyone holding ACB Aurora. I really need to do a better job making notes for earnings on trendy stocks for 2-3 days out. No way I was gonna buy in up 15% on the day.

i mean... not really. as of the 5/11 split, it was ~$8/share. so it's only caught up with the couple days of shorts and is still at a pathetic price (ie: it's back to the equivalent of lat week's .60/share)

i love playing popular garbage like this because i can almost always make more from premiums than the loss in SP, and i wouldn't touch post-split acb with someone else's pole.

 

[44nutman]

i mean... not really. as of the 5/11 split, it was ~$8/share. so it's only caught up with the couple days of shorts and is still at a pathetic price (ie: it's back to the equivalent of lat week's .60/share)

i love playing popular garbage like this because i can almost always make more from premiums than the loss in SP, and i wouldn't touch post-split acb with someone else's pole.

They Are up again this morning. It’s crazy. Revenue is up but they still lost a shit ton of money and talking about offering stock to raise capital.

 

[rob mafia]

They Are up again this morning. It’s crazy. Revenue is up but they still lost a shit ton of money and talking about offering stock to raise capital.

yeah, dilution is imminent.

and it's really ironic/stupid that they went through with the reverse split, given that it served no real purpose (nyse isn't delisting due to covid) - as it just makes it a gigantic target for shorts... AND it'll lose support via options traders like me who bailed entirely. so it's going to be super volatile, diluted, and with a ton of room to short (vs sub-$1).

lolz @ seeing it at $9.50, though. i kinda can't believe it's even that high. huh, maybe i should buy puts for a change.

 

[brackis1]

i mean... not really. as of the 5/11 split, it was ~$8/share. so it's only caught up with the couple days of shorts and is still at a pathetic price (ie: it's back to the equivalent of lat week's .60/share)

i love playing popular garbage like this because i can almost always make more from premiums than the loss in SP, and i wouldn't touch post-split acb with someone else's pole.

I'm talking about anyone who had the foresight to realize at bottom feeder prices combined with the current demand for weed it was an obvious bounce play.
Theyre up 40% today lol

 

[rob mafia]

I'm talking about anyone who had the foresight to realize at bottom feeder prices combined with the current demand for weed it was an obvious bounce play.
Theyre up 40% today lol

yeah, it's nuts. i'm debating if i should play it, was going to buy puts but iv is 400+%. now debating if there's a sweet spot to sell puts, but i have no confidence in acb and don't want them assigned.

 

[brackis1]

LOL Sorrento/SRNE pumping a cure for covid on Fox News.
Classic fraud shit. Amazing. up 90% (I got like 4% on a flip but wouldn't trust this whatsoever)

Also kicking myself for not holding more DraftKings. Didn't think it would run on down days; should have known fad stocks don't give a shit about "markets" lol

 

[brackis1]

Musk now delaying his "battery day" tease another month because "attendance would be low". Jeee either the virus is real or you're just continually baiting people with vaporware that doesn't exist lol. (not gonna move the stock much especially since bulls will just see this as more tech pump)

 

[BIKES!]

If the stories about Sorrento are true how much more will it go up? I’m up 50% today when I bought right after opening.