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Post by SolarGarlic 🧀 on Jan 29, 2021 8:10:02 GMT -7
All these people all of a sudden worried about people losing money are full of shit. It’s a risk. No one is forcing anyone to invest. If I go to Vegas and blow 10k on roulette, I doubt the casino is going to step in and say anything.
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Post by deadphishbiscuits on Jan 29, 2021 8:16:47 GMT -7
Yeah I'm not looking to get rich quick and hop on this newest trend
Just been mulling it over for a while now and just havent pulled the trigger in anything
Would like to invest in land to be honest, they arent making any more it
But I dont have that type o money to try and get in that ring
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Post by Don Swifty on Jan 29, 2021 8:19:39 GMT -7
Haven´t read this thread, barely following this Game Stop story, but isn´t it inevitable, or at least highly likely, that the stock will adjust when the people driving it up have all invested or don´t want to play around anymore now that the price is overvalued? Wouldn´t the thing to do now be to short it and make bank when the stock crashes? Pretty much the intention of all the institutional investors who shorted it to begin with.
I´m at least 12 hours behind on this story. Stock could´ve already readjusted, could be higher, fuck I know. I just know I was happy to read about short sellers getting fucked.
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Post by lordkundalini on Jan 29, 2021 8:47:33 GMT -7
this is got to do with how long can the buyers hold onto the stock. if no one sells, aka, no offers, then the hedge funds cant get out and they still pay interest on the borrowed stock they shorted which increases costs every day.
HedgeFunds are well funded so they can wait it out but on the other side, if the goal is a short squeeze and all the longs know this, why sell?. the question is will enough longs hold tight to force the funds to bail at even higher levels.
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Post by lordkundalini on Jan 29, 2021 8:50:01 GMT -7
the longs seem organized and if its distributed over many many people who just have a few shares to play with, they may be able to sit tight, just to watch the funds squirm and maintain the stock price
but, it could turn into a house of cards if the longs dont stay united, when the stock starts to really move down, the funds will pull their bids and the price will fall off a cliff
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Post by bussit on Jan 29, 2021 9:02:45 GMT -7
Haven´t read this thread, barely following this Game Stop story, but isn´t it inevitable, or at least highly likely, that the stock will adjust when the people driving it up have all invested or don´t want to play around anymore now that the price is overvalued? Wouldn´t the thing to do now be to short it and make bank when the stock crashes? Pretty much the intention of all the institutional investors who shorted it to begin with. I´m at least 12 hours behind on this story. Stock could´ve already readjusted, could be higher, fuck I know. I just know I was happy to read about short sellers getting fucked. |
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Post by lordkundalini on Jan 29, 2021 9:10:24 GMT -7
another variable is if funds can lay off some risk in the options market. they would pay a premium for sure but far less then puking the stock out at a 100 dollar loss.
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Post by lordkundalini on Jan 29, 2021 9:21:22 GMT -7
as a note, their is far more leverage using options. more bang for the buck. you have to put up less margin then on stock to control the same number of shares.
of course volatility at this point is sky high so option premiums will be as well.
as a note, if you think you have a sure thing and a specific time frame, you will make alot more trading options, but unlike stock, options expire so your timing has to be spot on.
Had you bought at the money calls right when it started going up , you would be raking it in, and to mess with funds, you could also exercise your options and take delivery of the stock.
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Post by lordkundalini on Jan 29, 2021 9:26:17 GMT -7
or even better, cheap calls maybe $10 above the current stock price. then all you are paying for is time value and not intrinsic value.
course that boat sailed in this game, but there is always the next game, play to make
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Post by waldowally on Jan 29, 2021 10:39:29 GMT -7
this is got to do with how long can the buyers hold onto the stock. if no one sells, aka, no offers, then the hedge funds cant get out and they still pay interest on the borrowed stock they shorted which increases costs every day. HedgeFunds are well funded so they can wait it out but on the other side, if the goal is a short squeeze and all the longs know this, why sell?. the question is will enough longs hold tight to force the funds to bail at even higher levels. this |
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Post by chronicircle on Jan 29, 2021 12:46:08 GMT -7
i can hear it now... "thank you for being such dedicated employees and not walking out on us today after all the news. here's a free dinner!" http://instagram.com/p/CKo7urlAqjM |
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Post by SolarGarlic 🧀 on Jan 29, 2021 12:51:15 GMT -7
Buy yourself some chicken ticklers
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Post by SolarGarlic 🧀 on Jan 29, 2021 12:51:56 GMT -7
Or I guess, ‘tendies’
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Post by lordkundalini on Jan 29, 2021 12:53:08 GMT -7
will trade doordash money for gamestop stock
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Post by chronicircle on Jan 29, 2021 12:53:36 GMT -7
chicken ticklers
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Post by SolarGarlic 🧀 on Jan 29, 2021 12:58:32 GMT -7
My buddy went off on a tangent one day about chili’s and Applebee’s and called them chicken ticklers and I’m still laughing about to this day.
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Post by lerner on Jan 29, 2021 13:07:18 GMT -7
people are saying this shit isnt effecting 401ks... but im seeing otherwise...
and its starting to piss me off...
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Post by senatooorofspace on Jan 29, 2021 13:08:28 GMT -7
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Post by senatooorofspace on Jan 29, 2021 13:08:48 GMT -7
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Post by lordkundalini on Jan 29, 2021 13:22:46 GMT -7
traders are some of the hardest partiers out there. natural risk takers, well old style traders,. not so much with those black box Quantitative guys.
lots are young and have giant money to blow
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