Economy stock talk v7, meme stocks go up

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I’m glad I don’t do this for a living. Dow up 800 and for what? I don’t mind shoveling in airline stonk money but there is going to be a roller coaster the next 6 weeks.
 
lol @ the algos trying to shake the market out midday off a "Powell is hurting us" headfakes then bouncing right back

also lol @ IQ and GSX: two sham Chinese companies that have been railed by short sellers for months with claims of fake numbers...both went up more than 25% in the last 2 days to all time highs.
 
Well I think we're hopefully into flip-flop zone, meaning all stock picking and counter-trend flips for me. Anyone hating any losers or loving any winners so I can do the opposite?
 
brackis1 said:
Well I think we're hopefully into flip-flop zone, meaning all stock picking and counter-trend flips for me. Anyone hating any losers or loving any winners so I can do the opposite?
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PLYA has went full bipolar on me. Went from making me tons of money to going down, then up, then down, when I played the opposite each time lol. Now I'm just staring thinking to buy more at this price, but staring at it like an ex-girlfriend that's fun. You know you might get burned, but you take the risk anyway LOLOL.
 
BIKES! said:
I’m glad I don’t do this for a living. Dow up 800 and for what? I don’t mind shoveling in airline stonk money but there is going to be a roller coaster the next 6 weeks.
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dude, there were 2 major upside surprises...

and dammit, i keep forgetting to check this thread (notifications are wonky, i rarely get them now). so i didn't see the batch from yesterday til now.

brackis1 said:
lol this Davey Daytrader is such a snake. Claims he is up 400%.
Actually is up 25% after crashing his account first. He just singlehandedly pumped Smith and Wesson and ran it up 10%. What a fucking retarded world where someone who didn't know shit about stocks 4 months ago is a market maker now.
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i sold a $14 put (6/19), might buy it back before earnings... but i doubt it would drop under $13ish, anyway.
 
rob mafia said:
dude, there were 2 major upside surprises...

.
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The slight increase off a shit Apr in retail sales, more Covid treatment flip flop or Trump's infrastructure plan?
 
Got my MGM dividend today. 1 penny for every 4 shares.
tenor.gif
 
Probably an idiot shorting a bluechip, but I'm gonna go short Intel based on fears of them losing market whether real or not.
 
44nutman said:
Got my MGM dividend today. 1 penny for every 4 shares.
tenor.gif
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lolz. why not just cut the dividend entirely? it would make it easier for everyone...

brackis1 said:
Probably an idiot shorting a bluechip, but I'm gonna go short Intel based on fears of them losing market whether real or not.
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i almost bought puts on intel (8/21, 55 and 50) earlier, but i mistimed it. their $50 was .86 and i thought i could get them for cheaper if i waited.
 
Also throwing some flip-money at Canopy Growth; Cramer is gonna interview and pump the shit out of them this evening.
 
brackis1 said:
Also throwing some flip-money at Canopy Growth; Cramer is gonna interview and pump the shit out of them this evening.
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Might have to jump on that one. I liked them way better than Aurora.
 
44nutman said:
Might have to jump on that one. I liked them way better than Aurora.
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they're blowing shitloads of money but nobody seems to care and seem to be going with the "if we put a ton of credentialed money from existing businesses into this, we can eventually bribe the world into making us a titan of selling something in an exploitative exclusive fashion"
 
Uggghhhhh tried to short the cruiselines on the extension of cancellations and most of my shares missed the fill and then it ran down 5%+
Looks like a bad day tomorrow for the retail stock shit, at least to open.
 
Bought a boatload of NCLH before 8pm after hours last night after that huge drop 12% drop due to the postponing trips news. No pun intended lol. Then about half an hour ago, my sell triggers hit at $19.50. I think I'm gonna take this win and relax the rest of the day. @brackis1 that must be the feeling you got when you pushed out Tesla after the open the other day.
 
MMAisGod said:
Bought a boatload of NCLH before 8pm after hours last night after that huge drop 12% drop due to the postponing trips news. No pun intended lol. Then about half an hour ago, my sell triggers hit at $19.50. I think I'm gonna take this win and relax the rest of the day. @brackis1 that must be the feeling you got when you pushed out Tesla after the open the other day.
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It does and I'm mad I didn't have the balls to catch that knife. CNBC really sent that stock into freefall.
2 month sailing delay is like 1% of forecasted rev and sent the stock down 12%
 
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brackis1 said:
It does and I'm mad I didn't have the balls to catch that knife. CNBC really sent that stock into freefall.
2 month sailing delay is like 1% of forecastered rev and sent the stock down 12%
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if you want freefall, look at enph

i flipped a bunch of contracts, just bought some reallllly cheap calls (because... for the price, why not, i guess?), but now am not sure how to play or if i should sit the rest out.

(short seller accusing them of accounting fraud or something)


edit: ended up buying back some [sold] puts for a loss. got a little too risky for my liking
 
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