Two kids and all their assorted stuff, nothing beats a minivan. Except maybe a conversion van which is what I've been dreaming of lately. Get a 4WD Chevy Astro, hook it all up, that'd be nice.
I'm with shimmered. I'd push a car Al Bundy style before I drove a minivan. Get a Suburban if you have that many kids.
GME above 230. Yet again, HOLY SHITBALLS. I got back in at 180 yesterday, so today is not a bad day... so far.
Silver is up .89, but I'm sure, as always, a beat down is coming. I'm still waiting for AABB to drop from it's usual early morning gains to trigger my 2K buy order. EDIT: Upped my bid .003 and got my extra 2K shares.
I made some profits daytrading in the last go-round, but ended up with some shares at around $190 that I never divested myself of. Figured it was a small enough total investment that if it tanked completely, it wasn't a crisis. Back in the green now. I think I'm going to let it ride for a while longer and see where it takes me.
Yeah... me too. More and more "experts", like Forbes, are beginning to agree that this Gamma Squeeze is a real thing, and that the hedge funds tried to double down on their shorts, so there's a real potential for this to skyrocket. There are some major margin calls coming up, too... DFV himself has a shit-ton of contracts that come due in a few weeks, and his position is big enough that it could possible trigger a major event of some sort. It really is interesting watching the price manipulation happen to drive the price down... and yet it never seems to happen to drive the price up.
I wonder what happens when there is no more money in the GME ecosystem. People are saying “hold until $100k!” but how is that even possible? At some point the people owing the contracts are not going to have any more money left and will go broke. What happens if they can’t cover the contracts?
Holy shit was today an act of desperation and manipulation by the shorts on GME. Go take a look at the chart from today and have your mind blown. Seems like they intentionally sold low volumes of shares when it was above $350 to cause a huge drop in value in order to trigger stop losses and panic sales. And it came back above overall for the day. Un. Fucking. Believable.
I think the jokes on them, though, as half those autists don’t have a clue what a stop loss is, never mind an exit strategy.
There's new rules going into effect on 03/19 regarding limiting shorts. It appears that shorts are what's keeping AABB in .14-.17 limbo right now. @Revengeofthenerds had mentioned cannabis stocks and I found a couple with potential: CATV ( Soon to be Pink), the stock has been climbing. It finished under .03 today due to someone dumping 1M+ shares at closing, I think it's at .026 right now, but spent most of the day at .035. The other is BLDV, currently trading at .005. They are going to do a share reduction soon, which should boost the price. Also their 2019 financials show $1,051,000 in revenue with total net income of $670,000. That's a nice operating margin. Their 2020 financials should come out this month.
your mission in life is to make me lose money isn't it? Don't worry, I'm doing a great job of that myself: Today's buys were $GNUS, $ETFM (which I bought 690 shares of because it's about to become $YOLO), $ZOM, $DSGT and I have a GTC tomorrow on $PURA Still waiting for $ASRT, $HITIF, $CTXR and $AABB to do something
I'm still bullish on AABB. There's a ton of shorts going on with it right now, hopefully the new rules on 03/19 will let it run. Hell, I'm sitting on 5K shares right now and it's making my portfolio look like shit, every time it drops .01 I lose $50. But it'll work the other way also when it starts to climb.
I've just started buying or selling things at meme numbers like 69 shares, or $4.20, or 666 shares. If I'm not gonna make much one way or the other I might as well get a laugh from it. Eventually I'll get enough for a lever action 30-30 then pull it all out, which is all I really care about. Or maybe I'll lose it all. Never know when you're gambling on basically scratch off tickets.
Anyone use WeBull? Schwab has denied me options trading and it appears that the WeBull gate is easier to get through. I've been doing paper trading through Investopedia for a little while to get the hang of it and I've actually done quite well with my imaginary money. I'm just looking to do some simple calls or puts every now and then. Before I go through the sign up process, I'm just curious if it's shit or not.
Schwab: You're too retarded for options. You should only invest with the allowance your wife's boyfriend gives you. WeBull: As Archimedes once said "Give me leverage and a place to stand and I will buy puts on the earth"
A little information I came across that I'm hoping someone a little more knowledgeable than me can shine some light on: I saw today that AABB has 51% of it's shares in shorts. I also sat and watched the volume today and it was basically moving in 1k-10K chunks and really lightly traded (41M vs average of 91M ). It also closed down .005. It doesn't appear to me that people are trying to cover the shorts given the small chunks that were being traded and low volume. Or is it possible that people are trying to cover their shorts and no one is selling, especially people with large stakes? It would seem to me if you shorted a stock this low priced you would need to have a very large (Like 1M+) stake for it to even be worth your while. So if anyone has any possible input what might be going on, I'd appreciate it.
Fidelity allows options. I love fidelity. I also don't touch options because they look easy and that's what's scary.
Schwab allows options as well, but there's an approval process. From the conversations I've had with them, they generally require a couple years of options trading experience (now probably more than ever with all the meme stock hype). I'm assuming Fidelity would be similar, but haven't looked into them yet.
From what I can see, there's about 400 million+ shares outstanding for the stock, so if half of those shares are short, there's still plenty of shares left on the open market to trade regularly. Shorts kind of sit out there for a long time and don't really move much unless prompted. There's nothing weird going on with the stock from what I can see, but OTC stocks don't really follow typical market patterns for buying and selling since they are mostly unregulated. Any time you see a stock trading in transactions with micro pennies, there's usually someone with significant money and significant ownership of the stock that can do pretty much anything they want with the price. They are also doing a dividend in April and that can always cause strange trade patterns with people trying to accumulate a large chunk of stock without driving the price up.