Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[Enkhbat]

Gamestop is absolutely insane, tulipmania

[Enkhbat]

Another stock that is that's gonna skyrocket before crashing down is BB. Expecting it to reach 100 bucks easily.

[hehfest]

We must cleanse the country of social democrats and communists (as in they must no longer have any power; kicked out of power) in order to maintain our people or else the stock market will collapse.

[Goat Milk]

Looking around the market today as it closed and there are several indicators like IWM, XLF, SMH, $DJT and a few others that surely have the look of rolling over. The SPY and the QQQ are right at highs, and I suspect that Snowballer is totally correct that when the big tech gets done reporting, the market will tank. I expect a giant gap and crap. Just look at the charts I mentioned, they are all not telling me to enter the market with any long plays here.
I guess the big tech can come out with blow out earnings and the market can take off, but it sure does look like something is setting up to trap as many people as possible. The market seems to always do that and it smells like it is really near that time again.

Does that mean get out of everything or only tech plays? what about biotech for example, how is that affected?

[Goat Milk]

Another stock that is that's gonna skyrocket before crashing down is BB. Expecting it to reach 100 bucks easily.

Fukk that lol. Hoping for the day that these robinhood kids get fried. It will happen. I was in a gamestop about 5 weeks ago, was in there for 25 min and not a single soul walked in. Gamestop doesn't make money, their stock should be at 0.

Wonder how long this shit will last.

Trash market.

[allabout the $$$]

ALLer I am loving that assss in your avatar.

An old girlfriend. Very long time ago. Very submissive woman

[d2bets]

Fukk that lol. Hoping for the day that these robinhood kids get fried. It will happen. I was in a gamestop about 5 weeks ago, was in there for 25 min and not a single soul walked in. Gamestop doesn't make money, their stock should be at 0.

Wonder how long this shit will last.

Trash market.

So whats the phenomena here? Message boarders tell everyone to hit a stock and spread the news and since people see its been working others jump in for momo?

I'm sure this is healthy.

[allabout the $$$]

Fukk that lol. Hoping for the day that these robinhood kids get fried. It will happen. I was in a gamestop about 5 weeks ago, was in there for 25 min and not a single soul walked in. Gamestop doesn't make money, their stock should be at 0.

Wonder how long this shit will last.

Trash market.

Who cares ride the hot hand for fun money.

[allabout the $$$]

So whats the phenomena here? Message boarders tell everyone to hit a stock and spread the news and since people see its been working others jump in for momo?

I'm sure this is healthy.

Using fun money why not? Ride the reddit wave

[d2bets]

Are the robonhooders ooking for smaller cos with high short interest to attack to buy hard? So do we just look for crappy beaten down companies with high short interest as the next candidates? Where do we find the buzz on this?

[allabout the $$$]

Are the robonhooders ooking for smaller cos with high short interest to attack to buy hard? So do we just look for crappy beaten down companies with high short interest as the next candidates? Where do we find the buzz on this?

Reddit is where the gme stuff started. I read about it on Twitter

Supposedly Elon musk was on Wall Street bets sun forum on reddit talking about them doing this kill the short sellers on AMC.

These guys are taking out hedge fund shorts

[d2bets]

Using fun money why not? Ride the reddit wave

Sure. I agree. Where do we look to get ahead on these?

I was just making an overall commentary

Hit these casino plays and exit the broader market.

[zam77]

If ya’ll have any cash available put it into $amc ASAP. It’s looking to be in the early stages of a $gme type move.

Hope you guys got your your premarket shares and popcorn for this ridiculousness. Haha! Currently we’re at $17 pm. God bless Mullin!

[Slurry Pumper]

Does that mean get out of everything or only tech plays? what about biotech for example, how is that affected?

The entire market. I think this morning may just be another test. The S&P was down around 3800 a few days ago and today there is a chance the market takes off from the opening if the S&P can hold the lows from the break down candle from the hourly chart a couple of days ago. If not, look out below.

Having trouble even logging in to the ThinkorSwim platform today. Its like TDAmeritrade forgot who I am. I'm on the phone waiting now. It may be time for me to switch platforms, something seems to happen during high volatility times like this morning too often to just be a computer glitch.

[Goat Milk]

The entire market. I think this morning may just be another test. The S&P was down around 3800 a few days ago and today there is a chance the market takes off from the opening if the S&P can hold the lows from the break down candle from the hourly chart a couple of days ago. If not, look out below.

Having trouble even logging in to the ThinkorSwim platform today. Its like TDAmeritrade forgot who I am. I'm on the phone waiting now. It may be time for me to switch platforms, something seems to happen during high volatility times like this morning too often to just be a computer glitch.

Slurry it seems to me there's just way way too many traders right now for anything to crash at the moment. Back then when everything crashed people were scared to go to their broker and make a play on something. Now its the simple click of a mouse or the phone.

If the stock market were to crash, the economy would be destroyed. The economy is already destroyed, it doesn't make sense to me that the market would crash now and cripple even more people, destroying their retirement funds. It would make more sense if it was a slow correction over the next couple years.

[Goat Milk]

So whats the phenomena here? Message boarders tell everyone to hit a stock and spread the news and since people see its been working others jump in for momo?

I'm sure this is healthy.

The stock market is controlled by twitter and reddit. Financials don't even matter, it's just about perception. Based on what reddit is saying, the next one to fly that hasn't really taken off much yet is Nokia. Once these kids get bored with amc and gamestop, the thinking is that's going to be the next one. Who the f knows. It is a well known brand that's revamping, so it would not surprise me if it goes to 20 dollars in a one week span.

I think anything we know about economics doesn't apply to the market right now. I've been talking about amc for months. Never pulled the trigger at sub 2 dollars because thought they were gonna possibly go bankrupt. Now this.

Overthinking things has cost me tens if not hundreds of thousands of dollars.

[d2bets]

Slurry it seems to me there's just way way too many traders right now for anything to crash at the moment. Back then when everything crashed people were scared to go to their broker and make a play on something. Now its the simple click of a mouse or the phone.

If the stock market were to crash, the economy would be destroyed. The economy is already destroyed, it doesn't make sense to me that the market would crash now and cripple even more people, destroying their retirement funds. It would make more sense if it was a slow correction over the next couple years.

If the market fell 15% this week, it still wouldn't be as low as it was at the end of October. So the economy would be destroyed if the market went back to levels seen 3 months ago?

Or I suppose by crash you are talking about 50% drop type thing?

[Bluehorseshoe]

I love the people crying on CNBC right now. They can't get easy money anymore. lol

[chico2663]

So whats the phenomena here? Message boarders tell everyone to hit a stock and spread the news and since people see its been working others jump in for momo?

I'm sure this is healthy.

There is a guy that gives companies that have the most short sellers against companies. I bought into amc at 3 couple months ago.

[chico2663]

Sure. I agree. Where do we look to get ahead on these?

I was just making an overall commentary

Hit these casino plays and exit the broader market.

You should of jumped on fubo 5 months ago when you asked about it. Went up to 61 and I dumped bought back at 30. They are trying to live bet soccer.

[chico2663]

Don’t know who gave out bb but thank you.

[Goat Milk]

If the market fell 15% this week, it still wouldn't be as low as it was at the end of October. So the economy would be destroyed if the market went back to levels seen 3 months ago?

Or I suppose by crash you are talking about 50% drop type thing?

Yeah I'm talking about a big crash, not 15%. It would be over for majority of americans if that happens. Suicide rate would rocket.

I guess it's not that farfetched. Could happen.

[d2bets]

Yeah I'm talking about a big crash, not 15%. It would be over for majority of americans if that happens. Suicide rate would rocket.

I guess it's not that farfetched. Could happen.

That seems a bit excessive. It's happened many times before.

And majority of Americans aren't even in the market.

[Enkhbat]

Another candidate is BBBY, I bought 100 shares at 49 and it surged to 53

[Goat Milk]

That seems a bit excessive. It's happened many times before.

And majority of Americans aren't even in the market.

Suicide rate is already rocketing with covid and ppl losing their jobs, being forced to stay home. A complete crash of the stock market would send these robinhood kids on a spree. Ppl that lost their businesses would lose everything, become homeless. I don't think it's excessive.

I agree though that a correction is due at some point, mainly with fraud companies like Tesla, which will take down a bunch of other ev and tech type companies with it.

For now I just don't see that unless another covid strain comes and makes the vaccine we've been taking worthless. And more bodies start piling up.

Catalysts will move the market higher, not lower. Stimulus. New jobs. More vaccines.

[Enkhbat]

It is so crazy that I am expecting to make 500 bucks on each of BB, BBBY and AMC today. I read somewehre these 3 are what robinhooders are targeting, so they are surging while SPY, DIA etc are dropping.

[jjgold]

We are going to have a massive correction the economies in terrible shape the stock markets not reflecting middle-class America at all

[MinnesotaFats]

Theres going to be a 30% correction here it has to happen lol

[Goat Milk]

It is so crazy that I am expecting to make 500 bucks on each of BB, BBBY and AMC today. I read somewehre these 3 are what robinhooders are targeting, so they are surging while SPY, DIA etc are dropping.

Lol blackberry is not going to 100 bucks man. I guess you can pray though.

[Enkhbat]

It has nothing to do with the value of the company, who would have thought Gamestop would crack 300

[Goat Milk]

Nokia seems to be the next one

[Madison]

Are the robonhooders ooking for smaller cos with high short interest to attack to buy hard? So do we just look for crappy beaten down companies with high short interest as the next candidates? Where do we find the buzz on this?

Turn the clock back a year. I held iRobot (not necessarily a crappy company but certainly hit by China tariffs) 45-60 for 6 months with HUGE short interest. I finally had enough and sold circa 50. Check them out this week. WTF?

[homie1975]

Theres going to be a 30% correction here it has to happen lol

Minny you kept saying in March and April that the DOW was going to drop to 12K LOL

you were dead wrong then and you will be dead wrong again.

get your dikk out of your hands and get in the water. you lost TONS of money sitting on the sidelines the last 10 mos while several of us in here made a killing

[Bluehorseshoe]

Someone losing money...The new owner of the Mets. The jinx continues....<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Rough crowd on Twitter tonight.Hey stock jockeys keep bringing it</p>&mdash; Steven Cohen (@StevenACohen2) <a href="https://twitter.com/StevenACohen2/status/1354244563670601728?ref_src=twsrc%5Etfw" >January 27, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

[Goat Milk]

It has nothing to do with the value of the company, who would have thought Gamestop would crack 300

True.

Think blackberry already made it's major run though. Was 5 bucks a few weeks ago.