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Finance Thread

Discussion in 'Permanent Threads' started by ryrob, Oct 21, 2009.

  1. SouthernIdiot

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  2. Nettdata

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    I see so many people convinced that the share price will go to $10k per share... but I just really don't see it happening.

    I can see a short term high spike to maybe hit $1k, but yeah, I'm no pro at all in this, but it's not like there's infinite money in the system... something has to break/limit at some point.

    Needless to say, I've put a buy limit order in at $280, so if it dips a bit in the morning, like it normally does, I should be able to grab a handful and then ride the spike. Probably will drop out at $600 or so, if it goes that way.

    I still can't help but think that a lot of these "diamond hand" autists are going to lose it all and wonder what happened.
     
  3. Aetius

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    Why the fuck are you making your hat out of tin? We're mooning silver right now! Silverfoil-hats for all!
     
  4. Juice

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    Regardless of what ultimately happens to GME, it’s pretty remarkable that the whole thing has completely change the course for AMC. The stock increase exceeded the convertible bond price for a private equity firm, and they took immediate advantage of it. AMC was able to raise hundreds of millions of dollars when they were on the verge of bankruptcy.
     
  5. Revengeofthenerds

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  6. Aetius

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    Reddit autists did what Christopher Nolan could not.
     
  7. toytoy88

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    Oh my.

    It appears people are buying silver in huge amounts. I wish I'd thought of buying a few days earlier when it was available.

    Capture.PNG
     
  8. Nettdata

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    Yeah. They’re fighting to cover their gamestock shorts. Should be interesting.
     
  9. toytoy88

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    I went to buy some more from the place I found 10 oz bars earlier and they're down for "Maintenance." So I did the next best thing...I went over to e-bay and bought a bunch of Walking Liberty half dollars.
     
  10. NatCH

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    Because we could hear what they were saying.
     
  11. Rush-O-Matic

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  12. toytoy88

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    A statement from APMEX:

    1612151451956.png
     
  13. toytoy88

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    Silver just broke $30. If you can find it, expect to pay $8-12 premium per ounce, I had a couple of buys that ended up right at $40 oz. Oh well, it's only money.

    Capture.PNG
     
  14. Juice

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    You should buy some and then demand actual delivery of it. You would be like a pirate or something.
     
  15. Nettdata

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    Well, bought back into GME at $280. We'll see how this goes.
     
  16. Juice

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    I got back in for $275. Not everyone can make the trades you can, Gordon Gekko.
     
  17. Nettdata

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    Would you like one of my 2 shares?

    In other news, Elon Musk just called Vlad, the co-founder/CEO of Robin Hood, Vlad The Stock Impaler to his face on a podcast. lol

    https://youtu.be/Cba53J1jyPM?t=6243

    Go to 1:44:03
     
  18. toytoy88

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    I bought physical silver. From what I've read the paper silver has been oversold without the actual silver to back it. I may be completely wrong, it's certainly happened before with investments I know absolutely nothing about, but I only bought a few pounds, so at worst I'll only be out a few hundred.
     
  19. Rush-O-Matic

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    Better dump! It's at $225!