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Started By
Message
1
Posted on 2/1/21 at 8:05 am to cgrand
quote:
someone in this thread dozens of pages ago noted that when/if the stock started trading sideways for a few days, that would be a good sign to get out
Not sure why. Time is on the side of retail investors, not HFs, who are paying unreal amounts of money to maintain their positions.
Posted on 2/1/21 at 8:10 am to oklahogjr
quote:
oklahogjr
I would love to see an update on how you made out honestly
Posted on 2/1/21 at 8:13 am to Azazello
quote:
Time is on the side of retail investors, not HFs, who are paying unreal amounts of money to maintain their positions.
they can stay solvent longer that you/we can stay retarded.
the retailers won here, the stock went from 25 to 325.
the only losers will be the ones who stay too long at the blackjack table
Posted on 2/1/21 at 8:20 am to cgrand
quote:
they can stay solvent longer that you/we can stay retarded.
the retailers won here, the stock went from 25 to 325.
the only losers will be the ones who stay too long at the blackjack table
Fair point, but I don't think we have crossed that line yet.
I'm playing with house money right now so I'm fully able to just let this baby ride and see where it goes.
Posted on 2/1/21 at 8:27 am to cgrand
I keep seeing everyone scream STAY IN the short float ratio is still high as hell.
But nobody, has been able to prove the majority of them just aren't big boys shorting these insane prices now.
I'm starting to think all the shorts sub $100 have been closed.
But nobody, has been able to prove the majority of them just aren't big boys shorting these insane prices now.
I'm starting to think all the shorts sub $100 have been closed.
Posted on 2/1/21 at 8:29 am to LSURep864
volume of OI in puts is 10x that of calls right now
Posted on 2/1/21 at 8:30 am to cgrand
Instahalt lol
Posted on 2/1/21 at 8:31 am to LSURep864
What happened is what I thought I happened. Retailers weren’t going to hold the line through the weekend.
Posted on 2/1/21 at 8:35 am to DiamondDog
quote:
What happened is what I thought I happened. Retailers weren’t going to hold the line through the weekend.
You've deduced this through the first 5 minutes of trading?
On Thursday, the price went from $475 to $125 in about an hour, then back up to $325 an hour later.
Posted on 2/1/21 at 8:46 am to Azazello
Autists must have a ton of buy orders at 300
Posted on 2/1/21 at 8:47 am to jimbeam
Impressive support at $300 for sure.
Posted on 2/1/21 at 8:48 am to jimbeam
quote:
Autists must have a ton of buy orders at 300
That was support early last Friday too.
Posted on 2/1/21 at 8:52 am to LSURep864
quote:
But nobody, has been able to prove the majority of them just aren't big boys shorting these insane prices now.
I'm starting to think all the shorts sub $100 have been closed.
That's kind of what I'm thinking as well. Because the price has been in the 300-400 range for so long, that's likely where all the new shorts are coming in at, so they currently have way less exposure. Unless anyone thinks that retail has the ability (guts AND liquidity) to buy this up another couple hundred bucks per. I'm starting to think that's not the case. Because everyone knows what's going to happen when the gig is up and someone's got to be left holding the bag.
This post was edited on 2/1/21 at 9:06 am
Posted on 2/1/21 at 9:03 am to Chucktown_Badger
quote:
That's kind of what I'm thinking as well. Because the price has been in the 300-400 range for so long, that's likely where all the new shorts are coming in at, so they currently have way less exposure. Unless anyone thinks that retail has the ability (guts AND liquidity) to buy this up another couple hundred bucks per. I'm starting to think that's not the case. Because everyone know what's going to happen when the gig is up and someone's got to be left holding the bag.
Yep, I think the big boys are about the bring the hammer.
Posted on 2/1/21 at 9:04 am to Chucktown_Badger
This thing can't get any support. The shine has worn off for the noobs. Hike is always accompanied by a bigger dip. 
Posted on 2/1/21 at 9:25 am to Broken Ear Glen
Broke 230 down 
Posted on 2/1/21 at 9:26 am to castorinho
Posted on 2/1/21 at 9:27 am to Big_Slim
Wild ride boys
Posted on 2/1/21 at 9:28 am to JohnnyKilroy
What is the next bottom? Is there a next bottom? There is a lot of new money that may be looking to get back in around $130.
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