Boiler Room: The Official Stock Market Discussion

[Kenny West]

the more i follow this, the more i want to buy a share just to be part of fukking over big money, i don't care if i lose the $300 - that's just a day at the spa

Come on in, the 1%er tears will rejuvenate your skin better than any sauna.

 

[Ohene]

They better tread carefully. Cause if 2020 proved one thing it's that the people are very much with the shyts nowadays. This ain't the 1850's anymore. The people are starting to wake up and realize how much power we really have. We can flip the whole system on its head. This is scary times for the suits at the top. They gotta be careful how they move. The last thing they want is a full fledged revolution. They'd rather us all be divided and fighting amongst eachother.

thats exactly why ppl need to stop selling shares. ride the wave

 

[GetRichOrDieTryin]

what is yall price target for BB

 

[Ohene]

Reading that the contracts on GME are due Friday
if people stay in that shyt will go to $1000 by next week

the crazy thing is that a lot of people who are holding options wont even have the capital to exercise. so thats a dangerous game. it isnt like a bank is going to front you the cash to exercise the options

one contract is for a 100 shares. Lets say a strike is 50 and one has 10 contracts. Thats 500 * 100. It isnt THAT much...but a lotta nikkas dont really have 50K lying around or a line of credit with that much capacity lol

 

[YaThreadTrashB!]

the crazy thing is that a lot of people who are holding options wont even have the capital to exercise. so thats a dangerous game. it isnt like a bank is going to front you the cash to exercise the options

one contract is for a 100 shares. Lets say a strike is 50 and one has 10 contracts. Thats 500 * 100. It isnt THAT much...but a lotta nikkas dont really have 50K lying around or a line of credit with that much capacity lol

The contracts I’m talking about is the hedge fund that put themselves in this mess

 

[GetRichOrDieTryin]

 

[jdubnyce]

^ dildo analogy was unnecessary

But yeah...that sums it up

 

[GetRichOrDieTryin]

^ dildo analogy was unnecessary

But yeah...that sums it up

 

[Ohene]

days to cover is a metric based on average volume if i recall correctly though. the past few days, billions of shares have been traded in these stocks ...100s of millions in a day, so that days to cover could literally be one day

 

[choc_cardigan]

^ dildo analogy was unnecessary

But yeah...that sums it up

And if im reading that correctly that means the other stocks that are on the short list haven't even begun really running right?

 

[Eternal Tecate]

And if im reading that correctly that means the other stocks that are on the short list haven't even begun really running right?

according to that GME hasn't even started running

 

[FreshFromATL]

nikkas that ain't never bought a stock a day in their life preparing to enter the wolves den tomorrow y'all be careful out here, there will be casualties in this battle

 

[GetRichOrDieTryin]

days to cover is a metric based on average volume if i recall correctly though. the past few days, billions of shares have been traded in these stocks ...100s of millions in a day, so that days to cover could literally be one day

what would u recommend?

I got 10 shares at a cost base of $150 per share. at first i was thinking be safe and sell at around 750. But that $1000+ price point sounds good too...

Keep in mind, i have a smaller portfolio so any gain to me is good to move forward

 

[humminbird]

the crazy thing is that a lot of people who are holding options wont even have the capital to exercise. so thats a dangerous game. it isnt like a bank is going to front you the cash to exercise the options

one contract is for a 100 shares. Lets say a strike is 50 and one has 10 contracts. Thats 500 * 100. It isnt THAT much...but a lotta nikkas dont really have 50K lying around or a line of credit with that much capacity lol

They can just sell the option though right?

 

[jdubnyce]

And if im reading that correctly that means the other stocks that are on the short list haven't even begun really running right?

GME is still early according to that post

I don't think we'll see a similar type of run on the other stocks, but a run up nonetheless.

Element of surprise is over. Powers that be will adjust