Economy stock talk v7, meme stocks go up

[brackis1]

lol jesus. Record day and what does CNBC talk about? Elon Musk

 

[rob mafia]

made a move on nkla... sold crazy IV calls... bought them back like 3 minutes later for less and then sold puts (after realizing the downside iv was crazier)

i meant to look into them a couple weeks ago (vtic, or whatever the other ticker was) and forgot. then missed the pre-merger run-up. oops.

 

[rob mafia]

lol jesus. Record day and what does CNBC talk about? Elon Musk

i kept bloomberg on today. cnbc's been their absolute worst this week... which says a lot.

fox business is generally fluff, but i'd guess they easily surpassed cnbc in quality this week... with exception to a few segments (options activity/etc - ie: the few times cnbc has actually relevant shit on), usually at the very end of their shows.

i still can't believe cnbc had some guy on telling black fb employees to leave fb and give him money to make a facebook clone. what in the actual fuck.

 

[brackis1]

made a move on nkla... sold crazy IV calls... bought them back like 3 minutes later for less and then sold puts (after realizing the downside iv was crazier)

i meant to look into them a couple weeks ago (vtic, or whatever the other ticker was) and forgot. then missed the pre-merger run-up. oops.

I got stuck in some VTIQ during the switch to NKLA and was shitting myself and missed a peak yesterday to sell but made it out alive with a 1% gain.

Threw some travel and entertainment shorts on today when we were up 1000 on the dow, took a nap and came back to a nice 3% on each

 

[Rob Battisti]

CHWY earnings Monday should be interesting

 

[brackis1]

CHWY earnings Monday should be interesting

I want to short it badly, but fear dumb enthusiasm. Think im gonna yolo it.
I just don't see the margins to justify the stay-at-home bump vs. lean tech plays like Zoom.

 

[Revolver]

It's pretty wild and short covering running rampant. AAL up like 50% in 24 hrs is just absurd.
Penn gaming is a fucking casino stock and is gonna open at an ALL TIME HIGH.

Zoom down premarket

I fucked up on penn pretty bad. Was going to buy at 13 and now it’s at 40.

 

[BIKES!]

Man those additional shares hurt on UAL. What a free fall. Sorrento still holding strong xD. GIL paid off big, Folks are going to need cheap ass bulk clothing when mid-luxury dies in the recession

 

[brackis1]

I fucked up on penn pretty bad. Was going to buy at 13 and now it’s at 40.

It's back to 36.XX lol
I'd buy at 33 maybe.

 

[Revolver]

It's back to 36.XX lol
I'd buy at 33 maybe.

Didn’t check back to see where it was at. I don’t like it at any of these higher prices tbh. I missed it. Oh well.

 

[brackis1]

Didn’t check back to see where it was at. I don’t like it at any of these higher prices tbh. I missed it. Oh well.

Yup. I shorted the open after already being short and it paid great.
If we go any higher I'm backing the truck on some shorts.

 

[44nutman]

I made a shit load this week.
I pumped and dumped TOPS this week. That has to be the shadiest stock out there, but I just watch it drop, buy in and wait for the epic run and then get out. Set a sold loss limit and it sold while I was eating lunch. Wait for it to get back down to .13 to .14 jump in, watch it get pumped and jump out in mid .20's.I got out at .255 it ran to .28, sold on the way down. After the run they will reverse split and issue more shares. They have rinsed and repeated that a bunch of times over the years. Its basically a ponzi scheme for the owner.
My plays on Ford, GUSH, GE, NBL and Marathon have paid off. Not sure how long I will hold Ford, due to they have a shit load of debt but I bought in 5.19, so got room to wait and see with them. The shareholders are bitching for dividends again, so will see how that shakes out.
Also MGM has been a big winner for me. I keep thinking I need to cash out and it keeps going up. I bought in on May 14th at 12.18 and bought again on 05/22 for 15.85 and up almost 75%.

 

[brackis1]

I made a shit load this week.
I pumped and dumped TOPS this week. That has to be the shadiest stock out there, but I just watch it drop, buy in and wait for the epic run and then get out. Set a sold loss limit and it sold while I was eating lunch. Wait for it to get back down to .13 to .14 jump in, watch it get pumped and jump out in mid .20's.I got out at .255 it ran to .28, sold on the way down. After the run they will reverse split and issue more shares. They have rinsed and repeated that a bunch of times over the years. Its basically a ponzi scheme for the owner.
My plays on Ford, GUSH, GE, NBL and Marathon have paid off. Not sure how long I will hold Ford, due to they have a shit load of debt but I bought in 5.19, so got room to wait and see with them. The shareholders are bitching for dividends again, so will see how that shakes out.
Also MGM has been a big winner for me. I keep thinking I need to cash out and it keeps going up. I bought in on May 14th at 12.18 and bought again on 05/22 for 15.85 and up almost 75%.

Yeah I was just thinking you must have had a great week. Scared money don't make money as they say, which is why my conservative ass ended the week up a mere 1% (which is still great on a consistent basis, but pretty pathetic in the moment)
I'm gonna say cash out considering historic euphoria is a good place to bail if there ever was one, just like buying at historic fear was a great idea.

 

[44nutman]

Yeah I was just thinking you must have had a great week. Scared money don't make money as they say, which is why my conservative ass ended the week up a mere 1% (which is still great on a consistent basis, but pretty pathetic in the moment)
I'm gonna say cash out considering historic euphoria is a good place to bail if there ever was one, just like buying at historic fear was a great idea. The question is whether this is truephoria, or if the algos and retail tards have another leg up of eagerness.

Yeah, I have a quick trigger. This market scares me. Its over inflated but I have been saying that for a while. I am not going to sit around and watch my gains disappear, I will get out before that happens.

 

[brackis1]

lol Cramer literally on CNBC screaming for people to buy Tesla and how it deserves to run up 10% because some ron barron interview tomorrow.
Nice job @RobMafia for the NKLA open. I was a real idiot not buying that into the weekend. Prolly runs to like 46 imo before the limit sells start hitting.

 

[brackis1]

BIKES Cramer has Sorrento on if you still have that lotto ticket you lucked out. I'd sell as soon as the interview starts but thats just me lol

 

[BIKES!]

BIKES Cramer has Sorrento on if you still have that lotto ticket you lucked out. I'd sell as soon as the interview starts but thats just me lol

I’ve still got some shares! Those were a steal at 7.01

I’m liking that I picked up RGR last week and the airlines are murdering it.

 

[brackis1]

Holy shit NKLA blew up somehow and halted. @ $62
Guess who made 5% and missed 80% if theyd held 2 more days? lol

 

[44nutman]

Nothing like taking a morning shit and seeing your up 8% pre market. Stocks really only go up..

 

[MMAisGod]

Was advised to just buy CPE, without questioning it. Looks like it turned out Yuge. Debating on do I just sell right now and count it out or wait a bit longer. Seems almost too explosive to hang onto lol.