Originally Posted by MTG#10:
Is that because of a halving coming up in a couple years? I was just about to put a few more thousand in.
The first two years of the cycle are usually when the price consolidates around a certain level and it looks like we are there. So price is now influenced more by demand than supply until the next halving in 2024 but will continue to rise, albeit at a much slower rate. [Reply]
Dumped my remaining shares of GME at $180 today, made almost $15k on it overall. Now it'll probably moon in a couple weeks even after missing earnings today but I can't complain.
Undecided about what I'm going to do with AMC, will wait and see what it looks like premarket I guess. My average is a little over $9/share after averaging up a few times. The market manipulation on Fri really damaged my confidence on the squeeze play, there's not much of a point when you're up against a foe that doesn't have to play by the rules. There are a ton of people on Reddit, Stocktwits and Yahoo Finance talking naked shorts and are convinced this is just a setback and it will still moon eventually so I'm going to play it by ear. I do have a stop loss set with it @ $10 so worst case I still pocket a couple G's.
UWMC and CCIV will be long holds, UWMC will easily hit $13+ by EOY and I think CCIV will get back in the $40 range once Lucid starts moving some cars. My only other stock left after mass liquidation last week and yesterday is APHA which I'm currently down around $2/share on. But when they merge with TLRY soon I should turn a nice profit it on it as well.
Now looking for a play to YOLO my GME earnings on. :-) [Reply]
Originally Posted by MTG#10:
Dumped my remaining shares of GME at $180 today, made almost $15k on it overall. Now it'll probably moon in a couple weeks even after missing earnings today but I can't complain.
Undecided about what I'm going to do with AMC, will wait and see what it looks like premarket I guess. My average is a little over $9/share after averaging up a few times. The market manipulation on Fri really damaged my confidence on the squeeze play, there's not much of a point when you're up against a foe that doesn't have to play by the rules. There are a ton of people on Reddit, Stocktwits and Yahoo Finance talking naked shorts and are convinced this is just a setback and it will still moon eventually so I'm going to play it by ear. I do have a stop loss set with it @ $10 so worst case I still pocket a couple G's.
UWMC and CCIV will be long holds, UWMC will easily hit $13+ by EOY and I think CCIV will get back in the $40 range once Lucid starts moving some cars. My only other stock left after mass liquidation last week and yesterday is APHA which I'm currently down around $2/share on. But when they merge with TLRY soon I should turn a nice profit it on it as well.
Now looking for a play to YOLO my GME earnings on. :-)
Looks like you've been beaten by the Hedgies. Sad! [Reply]
Originally Posted by Hog's Gone Fishin:
Looks like you've been beaten by the Hedgies. Sad!
Putting that dilution poll out right after what happened EOD Friday was completely ignorant and a nail in their own coffin. I blame the executives at AMC for this drop just as much as the hedgies. [Reply]
Originally Posted by MTG#10:
Dumped my remaining shares of GME at $180 today, made almost $15k on it overall. Now it'll probably moon in a couple weeks even after missing earnings today but I can't complain.
Undecided about what I'm going to do with AMC, will wait and see what it looks like premarket I guess. My average is a little over $9/share after averaging up a few times. The market manipulation on Fri really damaged my confidence on the squeeze play, there's not much of a point when you're up against a foe that doesn't have to play by the rules. There are a ton of people on Reddit, Stocktwits and Yahoo Finance talking naked shorts and are convinced this is just a setback and it will still moon eventually so I'm going to play it by ear. I do have a stop loss set with it @ $10 so worst case I still pocket a couple G's.
UWMC and CCIV will be long holds, UWMC will easily hit $13+ by EOY and I think CCIV will get back in the $40 range once Lucid starts moving some cars. My only other stock left after mass liquidation last week and yesterday is APHA which I'm currently down around $2/share on. But when they merge with TLRY soon I should turn a nice profit it on it as well.
Now looking for a play to YOLO my GME earnings on. :-)
I'm holding onto the AMC its a pure gamble play for me, but at some point I'll have to decide to get out maybe I'll give it another month or so.
Not like I have a whole lot of money in it. Maybe 350 dollars of stimulus money. My other three stocks that I have in this speculation portfolio aren't doing much better but it will change I'm confident. [Reply]
We all knew that stock in particular carried a lot of risk I'm not going to blame anyone I'm an adult. And who's to say it won't take off eventually we'll see. [Reply]
Originally Posted by neech:
We all knew that stock in particular carried a lot of risk I'm not going to blame anyone I'm an adult. And who's to say it won't take off eventually we'll see.
It's still mirroring GME earlier and that bounced up pretty well and I know that doesn't mean jack crap either. [Reply]
