Share Picks 2021 - Thread banned users post #1

TimeToShine

awec wrote: »

I know what shorting is, I was just wondering what the 139% bit is about.

It's related to the floating shares, e.g. company has 100m shares outstanding, 80m floating shares or 80% float and the other 20% owned by insiders. 150% short interest means there is 120m shares that have been "borrowed" to be sold at more cheaply at a later date. It works fine in a highly liquid market, but if WSB keep buying and holding GME shares then the volume simply isn't there to cover so the shorts are getting more and more exposed as the price increases.

SmokyMo

shennymulligan wrote: »

The ironic thing about this WSB/'to the moon' movement is they are unwittingly acheiving the opposite of what they are setting out to do.

Market inefficiences will benefit the institutional investment firms. Institutional traders with their armies of quantitative analysts and arificial intelligence are probably already, as we post, backtesting new strategies to profit from this new market behaviour.

They will find a strategy that works, feed it into the algo trader, and cash in.

In my opinion I doubt it.. there is no quantitative edge here, just social behavior. Sentiment analysis maybe? Thats more ML. Also extremely hard to model and backtest.

They already front running free brokers so I would image HFTs made a killing as well.

Stock market world is bigger than GME, AMC etc.. big dogs are busy with other stuff

pajosjunkbox

Bought GME on Monday. Went down 4k a couple of hours after. My stop loss kicked in today and came away with 12k profit. My heart has taken an absolute pounding.....

thomas 123

pajosjunkbox wrote: »

Bought GME on Monday. Went down 4k a couple of hours after. My stop loss kicked in today and came away with 12k profit. My heart has taken an absolute pounding.....

Congrats mate! Massive money for essentially nothing!

crushproof

Crikey as a small stock holder some of the sums I'm seeing on this thread today are incredible. Few new cars in the driveway for some I hope.

This is it

pajosjunkbox wrote: »

Bought GME on Monday. Went down 4k a couple of hours after. My stop loss kicked in today and came away with 12k profit. My heart has taken an absolute pounding.....

Deadly, well done

MikeSoys

again something on AMC (this is the twr handle #saveamc) - this is like what happend with bitcoin earlier in the month,

"..There is currently $38 MILLION USD worth of shorts on $AMC

When these short sellers don't hit their price target, they have to come out of pocket to COVER the shorts or buy the shares

This causes the price to rise... to the moon! RocketRocketRocketRocket..."

buyer95

My head is melted, so just decided to take my profits. Got out there when it touched 350 dollars a share. Left one share in there for the craic.

pajosjunkbox

Thanks. You might think that but I couldn't talk to my wife and kids the last two days since I was staring at numbers on a screen constantly.

Anybody recommend any safer shares to buy at the moment ? Currently holding

CCIV
IPOD
IPOF
Netflix
Kerry
Aviva
Cisco
Grafton Group
Ryanair
Blackberry
Nio
Lemonade
ZNTE
And a little GME

This is it

I don't have enough in to back out, willing to stay in a while and see what happens

pajosjunkbox

buyer95 wrote:

My head is melted, so just decided to take my profits. Got out there when it touched 350 dollars a share. Left one share in there for the craic.

I can relate to this. Ive had a three day headache. A glass of wine to celebrate I think.

Thanks for all the tips here everybody. I've only started being a bit more active in my trading this month. Bought netflix and tesla in 2016 and they have given me the funds to build a portfolio of shares !

buyer95

pajosjunkbox wrote: »

I can relate to this. Ive had a three day headache. A glass of wine to celebrate I think.

Thanks for all the tips here everybody. I've only started being a bit more active in my trading this month. Bought netflix and tesla in 2016 and they have given me the funds to build a portfolio of shares !

Yeah eyes falling out of my head from staring at the screen. I don't normally day trade, but jumped into this Monday at 81 dollars a share with 20 shares. A lovely return, but think I'll stick to more sensible long term positions in future!

pajosjunkbox

buyer95 wrote:

Yeah eyes falling out of my head from staring at the screen. I don't normally day trade, but jumped into this Monday at 81 dollars a share with 20 shares. A lovely return, but think I'll stick to more sensible long term positions in future!

I was the same. Bought 92 shares in a few batches on Monday. What a ride. I'm not able for it though. House of cards.

MikeSoys

pajosjunkbox wrote: »

Thanks. You might think that but I couldn't talk to my wife and kids the last two days since I was staring at numbers on a screen constantly.

Anybody recommend any safer shares to buy at the moment ? Currently holding

CCIV
IPOD
IPOF
Netflix
Kerry
Aviva
Cisco
Grafton Group
Ryanair
Blackberry
Nio
Lemonade
ZNTE
And a little GME

Ryanair - has lots of cash might get them close'ish to €10 no travel restrictions.

anyone know if you cans till buy shares using revolut?

Its telling me after brexit it will only allow people in UK to use the feature but it still seems to be allowing me to buy..

dan786

Cynthia Bewildered Eyeball wrote: »

anyone know if you cans till buy shares using revolut?

Its telling me after brexit it will only allow people in UK to use the feature but it still seems to be allowing me to buy..

You can

bunnyboxer

Do you actually own the shares on revoult? I'd be weary about them going bankrupt

VinLieger

Whats happening with Nokia, NYSE site says its halted and "News Pending"

dan786

Just found out a friend bought 2k Euros worth of GME , 2k PLTR and 2K AMC in December. He has been holding till now. This guy is a college student.

MikeSoys

dan786 wrote: »

Just found out a friend bought 2k Euros worth of GME , 2k PLTR and 2K AMC in December. He has been holding till now. This guy is a college student.

as its fiat currency, there is enough for everyone.

dan786

bunnyboxer wrote: »

Do you actually own the shares on revoult? I'd be weary about them going bankrupt

Revolut wont be going bankrupt.

retalivity

VinLieger wrote: »

Whats happening with Nokia, NYSE site says its halted and "News Pending"

Its back now

Mad_maxx

lot of chat about BBBY ( Bed , Bath and Beyond ) on various site

short percentage is very high , obviously nothing like GME

anyone have a go at it ?

Jim Cramer tweeted a few days ago that he cant really understand the level of shorts in this ?

thomas 123

Thoughts on aftermarket and tomorrow for GameStop ?

the butcher

122,000 short/puts contracts expire January 29 for AMC

peterofthebr

the butcher wrote: »

122,000 short/puts contracts expire January 29 for AMC

will go to the 'moon' as there all commenting on ..or maybe Mars. i seen a tweet ealier towards Elon M.saying wouldn;t it be great Elon to see AMC going to Mars and beyond, obviously hoping he will tweet something on AMC and fuel the surge

...short sellers might be looking for a bail out if you believe the rumours.

TitianGerm

Is Revolut acting up for anyone else? If I click buy or sell the app does nothing. I've not seen this happen in the stock section before.

VinLieger

the butcher wrote: »

122,000 short/puts contracts expire January 29 for AMC

Yeah but its only shorted to 69% compared to Gamestops 139% so i doubt there will be anything close to a similar squeeze if any at all

peterofthebr

TitianGerm wrote: »

Is Revolut acting up for anyone else? If I click buy or sell the app does nothing. I've not seen this happen in the stock section before.

i dont use them, whats their charges like for trading ?

VinLieger

TitianGerm wrote: »

Is Revolut acting up for anyone else? If I click buy or sell the app does nothing. I've not seen this happen in the stock section before.

All the apps are under serious pressure today many were down for over an hour earlier

circadian

VinLieger wrote: »

Whats happening with Nokia, NYSE site says its halted and "News Pending"

They dropped a press release just stating the company direction and that theres nothing obvious driving the shares.

However,
https://www.globenewswire.com/news-release/2021/01/27/2164807/0/en/Nokia-and-Elisa-push-network-boundaries-with-world-s-first-1T-deployment.html

TitianGerm

peterofthebr wrote: »

i dont use them, whats their charges like for trading ?

I just started with stocks this week and will only be doing small ones as a bit of a hobby for the moment but I think it was three free trades a week but not 100%.

Bodjhrjekekr

VinLieger wrote: »

Yeah but its only shorted to 69% compared to Gamestops 139% so i doubt there will be anything close to a similar squeeze if any at all

How many expire Friday for Gamestop? Do you know where to find this up to date info?

circadian

I see Mark Cuban has started his own pharmaceutical company doing unbranded affordable medicine in America.

cc87

PLTR with a nice +20% day......hopefully stay $40 plus now.

Are all the WSB stock profits going to create a general false increase all-round where more reliable stocks will increase as people re-invest profits?

dan786

BB upto 27

Bodjhrjekekr

AMC just hit $18 dollars, up 271% on yesterdays close!! I'm going to hodl still

JesusRef

I have no idea what I'm doing, but this came across my radar yesterday so I bought AMC and BB - so bit of craic for a few days anyway!

theballz

Someone tipped EDSA on here last week, I can’t find the post but THANK YOU.

It was an amazing tip as mentioned by the poster in question, following Jan 26th webinar they took a massive jump.

Nice one!

Daz_

crushproof wrote: »

Crikey as a small stock holder some of the sums I'm seeing on this thread today are incredible. Few new cars in the driveway for some I hope.

Maybe one car after Tax man takes his share !

Bodjhrjekekr

JesusRef wrote: »

I have no idea what I'm doing, but this came across my radar yesterday so I bought AMC and BB - so bit of craic for a few days anyway!

I'm pretty much in the same boat but just AMC, and just invested what I'm not worried about losing too

Rocket99

Bodjhrjekekr wrote: »

I'm pretty much in the same boat but just AMC, and just invested what I'm not worried about losing too

Likewise threw the hat at AMC. Hopefully I'll learn a bit from this thread

Atlantic Dawn

Anyone keep an eye on pennystocks.com for recommendations? Some great tips over the last month, amongst them...
AMC
Drive Shack
Express Inc (recommended yesterday, it's up 230% today, wtf?)
GEVO
Nokia
Tantech Holdings

the butcher

Bodjhrjekekr wrote: »

I'm pretty much in the same boat but just AMC, and just invested what I'm not worried about losing too

Just got out of BB myself but holding AMC for the time being. For myself, just 1 YOLO stock to monitor 24/7 with my eyes burning

peterofthebr

Rocket99 wrote: »

Likewise threw the hat at AMC. Hopefully I'll learn a bit from this thread

i cant see AMC going over $20..

Bodjhrjekekr

Reddit is down again, I am wondering is there some kind of outside influence intervening with them now? Or else the sites overloaded I suppose

daheff

Anybody look to see how much has actually been traded in gme ($ wise and shares wise) over the last few days vs normal?

$wise I'd expect it to be huge, but are the number of shares traded actually way above a normal day?

Wondering if sellers had pumped prices or buyers offered higher amounts to start the ball rolling?

crushproof

Who'll be throwing some money in just before close to the 4 horses of the apocalypse (GME, BB, AMC, NOK)? In the hope that there'll be another massive jump tomorrow morning.

peterofthebr

crushproof wrote: »

Who'll be throwing some money in just before close to the 4 horses of the apocalypse (GME, BB, AMC, NOK)? In the hope that there'll be another massive jump tomorrow morning.

if allot of investment houses are being burned badly with this reddit attack[shorts]..i think the fed will step in to 'cool' the market.

VinLieger

crushproof wrote: »

Who'll be throwing some money in just before close to the 4 horses of the apocalypse (GME, BB, AMC, NOK)? In the hope that there'll be another massive jump tomorrow morning.

Already did with AMC, sitting happily with my BB and GME from Monday