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Share Picks 2021 - Thread banned users post #1

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    #1892
    dan786
    Registered Users Posts: 3,311 ✭✭✭dan786


    GME tanked to 330. Halted


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    #1893
    dan786
    Registered Users Posts: 3,311 ✭✭✭dan786


    mickger844posts wrote: »
    Have 10 at 2.65. Thankfully an order for 30 didn't go through. Bombing down now. 1.58

    NAKD going up again


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    #1894
    Kilboor
    Registered Users Posts: 1,224 ✭✭✭Kilboor


    JoeCole26 wrote: »
    Think ill sell AMC - surely no way back from here?

    There's a bullish case for a long term hold that's all I'd say on that :D


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    #1895
    UnknownSpecies
    Registered Users Posts: 3,183 ✭✭✭UnknownSpecies


    It'll pump straight back up to 400 when resumed. Mad stuff


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    #1896
    buyer95
    Registered Users Posts: 3,343 ✭✭✭buyer95


    dan786 wrote: »
    GME tanked to 330. Halted

    Expect huge swings throughout the day with GME. Watch it still close in the green (from a person who sold 95% of my shares in GME yesterday!)


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    #1897
    drunkmonkey
    Registered Users Posts: 28,192 ✭✭✭✭drunkmonkey


    Think we're witnessing a pump and dump on an epic scale. Everything collapsing that was tipped to the moon.


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    #1898
    Cute Hoor
    Registered Users Posts: 1,788 ✭✭✭Cute Hoor


    Beginning to look like the game is over


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    #1899
    SmokyMo
    Registered Users Posts: 311 ✭✭SmokyMo


    Retail essentially locked out of buying GME, AMC, NAKD, SNDL. Everything is tanking.. Id expect bounce over coming days except for GME maybe..

    It was epic while it lasted anyway.


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    #1900
    Shedite27
    Registered Users Posts: 9,396 ✭✭✭Shedite27


    Trading halt number 7 for the day for AMC


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    #1901
    awec
    Administrators Posts: 53,832 Admin ✭✭✭✭✭awec


    GME down to 297.


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    #1902
    buyer95
    Registered Users Posts: 3,343 ✭✭✭buyer95


    AMC & GME both halted simultaneously


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    #1903
    dan786
    Registered Users Posts: 3,311 ✭✭✭dan786


    FML bought GME at 440 ah well


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    #1904
    Bodjhrjekekr
    Registered Users Posts: 147 ✭✭Bodjhrjekekr


    Revolut keep declining all my sells, anyone else?


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    #1905
    John Hutton
    Closed Accounts Posts: 1,301 ✭✭✭John Hutton


    dan786 wrote: »
    FML bought GME at 440 ah well

    It's not over yet


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    #1906
    VinLieger
    Registered Users Posts: 17,998 ✭✭✭✭VinLieger


    dan786 wrote: »
    FML bought GME at 440 ah well


    Ouch, crossing fingers for you


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    #1907
    masterK
    Registered Users Posts: 2,757 ✭✭✭masterK


    Surely the platforms can't halt trading on GME/AMC etc indefinitely. I think there is a strong argument to not panic and see what happens over the coming days.


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    #1908
    Looptheloop30
    Registered Users Posts: 214 ✭✭Looptheloop30


    AMC will rise again


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    #1909
    Shedite27
    Registered Users Posts: 9,396 ✭✭✭Shedite27


    masterK wrote: »
    Surely the platforms can't halt trading on GME/AMC etc indefinitely. I think there is a strong argument to not panic and see what happens over the coming days.

    Yeah I'm holding, they can't stop buying indefinitely.


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    #1910
    dan786
    Registered Users Posts: 3,311 ✭✭✭dan786


    Its all buy and dumps across the boards GME, AMC, NAKD and KOSS


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    #1911
    Outkast_IRE
    Registered Users Posts: 7,516 ✭✭✭Outkast_IRE


    Of course GME is tanking they just locked out huge amount of investors and only allowed them to sell.

    I hedged earlier today so will be coming out ahead , but i will hold to the bitter end at this stage.


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    #1912
    buyer95
    Registered Users Posts: 3,343 ✭✭✭buyer95


    This is market manipulation, not allowing the retailer to buy, or even to get out of a position at the moment.


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    #1913
    John Hutton
    Closed Accounts Posts: 1,301 ✭✭✭John Hutton


    buyer95 wrote: »
    This is market manipulation, not allowing the retailer to buy, or even to get out of a position at the moment.

    Its rigged isnt it...


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    #1914
    GoldFour4
    Moderators, Sports Moderators Posts: 4,994 Mod ✭✭✭✭GoldFour4


    masterK wrote: »
    Surely the platforms can't halt trading on GME/AMC etc indefinitely. I think there is a strong argument to not panic and see what happens over the coming days.

    If the shorts get out though there won't be a need for anyone to buy anymore.


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    #1915
    thomas 123
    Registered Users Posts: 2,776 ✭✭✭thomas 123


    buyer95 wrote: »
    This is market manipulation, not allowing the retailer to buy, or even to get out of a position at the moment.

    I’d go further and suggest they are trying to induce a massive sell off - manipulation or sowing seeds of fear to their advantage.

    It’s very strange that you can’t purchase a share but then again maybe they don’t have them to sell.


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    #1916
    dan786
    Registered Users Posts: 3,311 ✭✭✭dan786


    Another halt at 264.


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    #1917
    dan786
    Registered Users Posts: 3,311 ✭✭✭dan786


    AMC recovering


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    #1918
    SleetAndSnow
    Registered Users Posts: 4,685 ✭✭✭SleetAndSnow


    AMC back up to 9.20


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    #1919
    cal naughton
    Registered Users Posts: 395 ✭✭cal naughton


    I'm a rabid capitalist but what happened today is an eye opener that the market is rigged.

    Still believe it's the calm before the storm and it will all come to a head tomorrow afternoon which should lead to the actual squeeze we are hearing so much about.


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    #1920
    patsy_mccabe
    Registered Users Posts: 10,782 ✭✭✭✭patsy_mccabe


    You can't win at this pump and dump stuff. At the end of the day, you can only be up by taking money from someone else trying to do exactly the same thing. I think longterm, value investing is the only way to go. Boring I know, but its the only way to make a return.

    'When I was a boy we were serfs, slave minded. Anyone who came along and lifted us out of that belittling, I looked on them as Gods.' - Dan Breen



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    #1921
    LC134
    Registered Users Posts: 50 ✭✭LC134


    malistheman wrote: »
    If the shorts get out though there won't be a need for anyone to buy anymore.

    I was wondering about this - how do you know if a short gets out ? Is it just based on what the reported % of short interest in the shares are as of end of day / reporting period?

    When I did a basic stock screener based on short interest I filtered by those 40+% shorted. Think there were only 7 or 8 (US markets only). GME was around 89%.

    Edit - short interest is as of 15 Jan, not sure how often it’s updated on my trading account.


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