Boiler Room: The Official Stock Market Discussion

[winb83]

Thats why I was playing devils advocate with you. Fundamental research is king and in normal times what RH did probably wouldn't even make that much noise.


But these aren't normal times due to the pandemic. Stocks like Tesla and hype and fever around it shows its not your normal stock. And this squeeze being pushed by a bunch of people either bored at home with time and smartphones or someone who really needs money because if covid 19 shows this is not your normal squeeze. One day we are going to watch this stock towards 100.

I figured the short sellers got out Thursday. Apparently they either doubled down or others replaced them. That means the saga continues.

 

[GetRichOrDieTryin]

I figured the short sellers got out Thursday. Apparently they either doubled down or others replaced them. That means the saga continues.

people are continuing to buy regardless the price

people are actually transitioning this into a personal matter now instead of just a quick buck

its basically a movement

 

[PoorAndDangerous]

is there a specific date that short sellers have to close their position?

 

[GetRichOrDieTryin]

is there a specific date that short sellers have to close their position?

(from what ive read) no but they incur interest as days go on

 

[winb83]

people are continuing to buy regardless the price

people are actually transitioning this into a personal matter now instead of just a quick buck

its basically a movement

If I get in I'm looking for that quick buck. I don't care about teaching rich people a lesson. I'm looking to buy a house and if I can take a few grand and in a few weeks grow that to a down payment in full I'm game. I'd have to liquidate some stuff like DBX and TTCF because I can't risk my actual down payment money I'm saving.

 

[GetRichOrDieTryin]

If I get in I'm looking for that quick buck. I don't care about teaching rich people a lesson. I'm looking to buy a house and if I can take a few grand and in a few weeks grow that to a down payment in full I'm game. I'd have to liquidate some stuff like DBX and TTCF because I can't risk my actual down payment money I'm saving.

in all honesty, i get the whole risk argument but... since last monday, its pretty easy to day trade the stock

I have a friend who has done, the stock opens strong the once there are big rapid drops by the seconds, u can buy in and sell out after it levels out again

there's obv a much better way to do this but basically its possible to make easy bread

 

[GetRichOrDieTryin]

hell i bought 3 stocks @ 250 yesterday and coulda made $300 easily if i sold at 350 today. but we diamond hands HOLDING over here

 

[analog]

Lil breh came up

Shout out to his mom for putting him onto game early

 

[dora_da_destroyer]

If I get in I'm looking for that quick buck. I don't care about teaching rich people a lesson. I'm looking to buy a house and if I can take a few grand and in a few weeks grow that to a down payment in full I'm game. I'd have to liquidate some stuff like DBX and TTCF because I can't risk my actual down payment money I'm saving.

you're the exact type of person who shouldn't jump in this now. people looking - needing - to make money by buying $300 GME shares are looking for a world of hurt. you're better off letting this run its course and jumping on a penny stock when those get popping again or flipping premerger spacs from NAV to the 12-15 mark

 

[Kenny West]

Lil breh came up

Shout out to his mom for putting him into game early

Kid has paper hands his mom should ground him

 

[humminbird]

Nokia you bytch

 

[NatiboyB]

My damn M1 took a massive shyt (TSLA, NIO, PLTR, TTCF, BNGO, GEVO, GILT) today. I’m glad I dont look at that account as much.

 

[Based Lord Zedd]

This is a paid CNBC ad. These mfers are shook! I am not letting go of my GME.

 

[old pig]

Lil breh came up

Shout out to his mom for putting him into game early

ya I saw this on TLR...and the dope shyt is he was in it long-term and able to capitalize off the madness

 

[winb83]

you're the exact type of person who shouldn't jump in this now. people looking - needing - to make money by buying $300 GME shares are looking for a world of hurt. you're better off letting this run its course and jumping on a penny stock when those get popping again or flipping premerger spacs from NAV to the 12-15 mark

That's somewhat inaccurate. The money that already is in my stock portfolio is a sunk cost. It's not money I need. I would never invest money I actually need. If I took 3-6% of my portfolio value and risked it on this and lost it my life doesn't change at all.

I have liquid savings in multiple savings accounts and I don't touch that money. It is to never be invested either. The money I invest in the stock market is really for entertainment purposes. It's become somewhat a hobby.