Trading the stockmarket (NO Referrals)

dlockers · 27 Jan 2021 at 23:18

Jokester said:
Ah so it is a pump and dump, but you know before hand who you are dumping them onto

Okay, fine. It is a pump and giant dump on Melvin Capital

413x · 27 Jan 2021 at 23:18

dLockers said:
It isn't a pump and dump.

It's pretty close. The effect will be anyway.
I'd love to be able to pick up on info like this. But I guess everyone would

dlockers · 27 Jan 2021 at 23:19

413x said:
It's pretty close. The effect will be anyway.

Haha, see above.

Minusorange · 27 Jan 2021 at 23:19

Noxia said:
He started with 50k

How many have $50k to throw in one single stock though, yeah $50k isn't a lot if you're investing it in a diversified portofolio but to go all in on one single entity ? It's more likely he was already pretty well off if he can afford to throw that kind of money around

413x · 27 Jan 2021 at 23:20

Minusorange said:
How many have $50k to throw in one single stock though, yeah $50k isn't a lot if you're investing it in a diversified portofolio but to go all in on one single entity ? It's more likely he was already pretty well off if he can afford to throw that kind of money around

This. Unless you're crazy it seems most people put a similar percentage of their wealth into S&S. If you have 50k to put into one. You either have a lot, insider info, or are crazy

dlockers · 27 Jan 2021 at 23:20

Minusorange said:
How many have $50k to throw in one single stock though, yeah $50k isn't a lot if you're investing it in a diversified portofolio but to go all in on one single entity ? It's more likely he was already pretty well off if he can afford to throw that kind of money around

Watch his video on YouTube. It's not like it was a mistake what he did, it was very well calculated, but it certainly was "all of his wealth in his number 1 past time" that went into this.

dlockers · 27 Jan 2021 at 23:22

413x said:
This. Unless you're crazy it seems most people put a similar percentage of their wealth into S&S. If you have 50k to put into one. You either have a lot, insider info, or are crazy

Watch his video on YouTube. He literally put his "entire wealth" on the table. Not quite sell every possession, but certainly, cash in your last 10 years of 'gains'. He wasn't a Rolex wearing ex-Wall Streeter.

Ahleckz · 27 Jan 2021 at 23:22

So what’s the thinking. Are we going to see another big rise on opening tomorrow?
What’s going to happen on Friday?

I know we can’t know, but what do people think?...

unwashed potato! · 27 Jan 2021 at 23:23

Tomorrow I feel is going to be a tough day for some

413x · 27 Jan 2021 at 23:25

Ahleckz said:
So what’s the thinking. Are we going to see another big rise on opening tomorrow?
What’s going to happen on Friday?

I know we can’t know, but what do people think?...

Falls.
Put it this way. I certainly wouldn't be putting anything in now.

If its anything like the crypto pumps it fall time. It might not burn. But that's what it feels like. People will be getting twitchy

Again. I'm seeing it like a crypto type pump

dlockers · 27 Jan 2021 at 23:32

413x said:
Falls.
Put it this way. I certainly wouldn't be putting anything in now.

If its anything like the crypto pumps it fall time. It might not burn. But that's what it feels like. People will be getting twitchy

Again. I'm seeing it like a crypto type pump

...did you just say 'Falls'?

It isn't a pump and dump, it is people driving the stock price up as there are contracts to buy them back that Melvin will do anything to avoid buying back. It'll keep going up until Melvin run out of ways to delay, or people lose their cool and cash out. I imagine as soon as ************* cashes out, the market will react.

Minusorange · 27 Jan 2021 at 23:39

Ahleckz said:
I know we can’t know, but what do people think?...

We can know, just watch the afterhours - https://www.marketwatch.com/investing/stock/gme?mod=over_search

dLockers said:
Watch his video on YouTube. It's not like it was a mistake what he did, it was very well calculated, but it certainly was "all of his wealth in his number 1 past time" that went into this.

Sorry but it's ********, if you've got $50k to throw on a single asset you've got more money elsewhere

robinson09 · 27 Jan 2021 at 23:39

I wonder how the normal office folk working in the Gamestop HQ are finding all of this...

inferno · 27 Jan 2021 at 23:41

Where is the dfv video?

413x · 27 Jan 2021 at 23:41

dLockers said:
...did you just say 'Falls'?

It isn't a pump and dump, it is people driving the stock price up as there are contracts to buy them back that Melvin will do anything to avoid buying back. It'll keep going up until Melvin run out of ways to delay, or people lose their cool and cash out. I imagine as soon as ************* cashes out, the market will react.

It's over valued. Its a movement that's gaining momentum but falsely valued. It will correct. It's not really any different to btc

englishpremier · 27 Jan 2021 at 23:46

To Mars.

dlockers · 27 Jan 2021 at 23:46

Minusorange said:
We can know, just watch the afterhours - https://www.marketwatch.com/investing/stock/gme?mod=over_search

Sorry but it's ********, if you've got $50k to throw on a single asset you've got more money elsewhere

$50k is £36.5k. People lose more in depreciation on leasing crappy cars.

inferno said:
Where is the dfv video?

https://www.youtube.com/watch?v=GZTr1-Gp74U&feature=youtu.be&ab_channel=RoaringKitty

413x said:
It's over valued. Its a movement that's gaining momentum but falsely valued. It will correct. It's not really any different to btc

I'm not sure you 100% understand what is going on.

Bunka · 27 Jan 2021 at 23:47

Can’t even access wsb now. Content has been removed or set to private.

dlockers · 27 Jan 2021 at 23:48

Bunka said:
Can’t even access wsb now. Content has been removed or set to private.

Hopefully to manage bandwidth rather than SEC shenanigans.

unwashed potato! · 27 Jan 2021 at 23:51

englishpremier said:
To Mars.

Should hopefully help rally a bit more, though do feel that the enthusiasm has dropped from yesterday to today