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re: WSB Meme Stonk Discussion thread
Posted on 6/10/21 at 6:37 am to I Love Bama
Posted on 6/10/21 at 6:37 am to I Love Bama
You can subscribe to someone on Reddit that puts out sentiment trackers, but they almost all do 24 hour composite data. I’d much prefer hourly data, however I have no idea how to code one of those trackers
0
Posted on 6/10/21 at 6:50 am to dltigers3
quote:
Any idea why AHT seemed to be declining pretty significantly before the pandemic?
Debt. They’re very likely to go bankrupt. Obviously a short term play, at best.
Posted on 6/10/21 at 8:11 am to slackster
Thanks, just found more info on that. I took a small, short term position with them this morning, but already have my stop losses set
Posted on 6/10/21 at 8:46 am to dltigers3
NT
This post was edited on 6/10/21 at 8:47 am
Posted on 6/10/21 at 9:02 am to xxTIMMYxx
You’ve got to be quick to make money with these WSB stocks. I bought CLNE yesterday before closing and was out of it an hour later when it rose over $1.50 AH. Then this morning I sold my puts for a profit (lucky). Now I’ve got a large covered position in WISH which is also moving.
Edit: then as soon as I type this it drops
Edit: then as soon as I type this it drops
This post was edited on 6/10/21 at 9:07 am
Posted on 6/10/21 at 9:09 am to bass
Yea I just saw some calls on WISH at 20 and 30 on the 16th. I bought this morning
Posted on 6/10/21 at 10:00 am to xxTIMMYxx
We really thinking WISH hits that high?
Posted on 6/10/21 at 10:05 am to Rossberg02
No I will be ecstatic with 15-16
Posted on 6/10/21 at 10:17 am to xxTIMMYxx
If you look at the growth curve through February this year you will see there is potential for this stock to fly into the $80’s. Yes this is not very realistic but the potential is there.
Posted on 6/10/21 at 10:34 am to rocket31
pretty amusing how 100% of the posts where I'm overwhelmingly downvoted turn out to be the reality
This post was edited on 6/10/21 at 10:34 am
Posted on 6/10/21 at 10:38 am to rocket31
Like??
Posted on 6/10/21 at 10:57 am to rocket31
quote:
well yeah, upperdecker knows what he is doing
wsb is mostly newbie greygoose types parroting incorrect information to each other
Yea I started this thread to separate it from the AMC/GME garbage. It’s become truly disgusting watching every Sasquatch post about “AMC $500k share price” like that’s even a remote possibility
The meme stocks were always going to eventually get tired and fall back. My goal in this was to make as much money as possible continually rotating into lower risk stocks pre-pump and catch the pump from the start when it’s lower risk. I have recommended the same attitude towards it and recommended taking profits along the way. I imagine people between TD and discord have made much money from my picks than lost money. I know I have
Posted on 6/10/21 at 11:14 am to Upperdecker
Meme stock should be a day or two held at longest before flipping or taking our your initial investment and riding.
I feel bad for those in GME/AMC/Clov/Wish who bought at the top. I would have no problem getting back into clov if it drops back to 6-7 either.
I feel bad for those in GME/AMC/Clov/Wish who bought at the top. I would have no problem getting back into clov if it drops back to 6-7 either.
Posted on 6/10/21 at 11:18 am to tduecen
quote:
I feel bad for those in GME/AMC/Clov/Wish who bought at the top. I would have no problem getting back into clov if it drops back to 6-7 either.
There are gonna be people buying in at the top in any stock movement. Sectors become overweight and then sell off hard. Look at small caps from Feb to end of May. Anyone following those AT picks was buying small caps at the height of that sector and then rode them all the way down. It sucks, but that’s the market. Main issue is dumb people being lured in on Reddit to make poor financial choices based on blatant pumping at the top
Posted on 6/10/21 at 11:19 am to tduecen
quote:I got in CLF yesterday at 20.88, but I’m not sure it is pure meme stock. At what point do you take your profits and move on. I’m up 11.5% in 24 hours. Cut bait or see if it memes?
Meme stock should be a day or two held at longest before flipping or taking our your initial investment and riding.
Posted on 6/10/21 at 11:25 am to Upperdecker
quote:
continually rotating into lower risk stocks pre-pump and catch the pump from the start when it’s lower risk
Bingo, when these stocks drop down to the $10 level, you can buy the stock along with in the money puts with low premium. When these stocks shoot up, so does the premium on your options contract and the put will usually maintain its value. Yes there’s some risk on the downside but you’re only limited to losses on your premium and it’s a whole lot better than going naked.
This post was edited on 6/10/21 at 11:29 am
Posted on 6/10/21 at 11:44 am to xxTIMMYxx
frick it, I'm in on WISH short term. Just bought 1000.
Posted on 6/10/21 at 1:51 pm to AbitaFan08
Christ I hope someone here was on ORPH today, because I wasn't.
Posted on 6/10/21 at 1:54 pm to AbitaFan08
Holy hell 
Posted on 6/10/21 at 1:59 pm to AbitaFan08
Would be nice to be up 1000% in a day
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