Stock market tips and experiences

[antzcrashing]

Originally Posted by NorCalAthlete

https://www.forbes.com/sites/georgec...ess-of-crowds/

Noneya even though I feel like every article I've posted on GME goes in one ear and out the other for you, IF you even bother reading it...

Interesting read. I don't agree with all of it but I do agree that the free market sets the price of a stock much more than just the fundamentals/quantitatives, Tesla and Amazon are prime examples of this outside of gamestop - and none of the cnbc talking heads will admit this. Because it serves their agenda and their network.

Back to the article though, I take issue with this statement: GameStop is the first prominent example of this [gamma squeeze via call options] novel tactic.
- false, it has been done many times on small and large scale in the past. Gamestop is the most famous (or infamous depending on your perspective), maybe the one of the greatest scale as well, but I am not a financial historian.

[NorCalAthlete]

Originally Posted by Noneya

I read it. So, your hope is that you'll be able to manipulate the market prices and reach a magical $500 number. That hope is going to crash and burn for a variety of reasons, not the least of which being that professionals are not idiots, and when it does please send the $20 to Planned Parenthood Federation of America.

I highlighted the above manipulation bit because that's very illegal, so I suggest not saying out loud that's what you're trying to do.

[XKxRome0ox]

Originally Posted by Noneya

I read it. So, your hope is that you'll be able to manipulate the market prices and reach a magical $500 number. That hope is going to crash and burn for a variety of reasons, not the least of which being that professionals are not idiots, and when it does please send the $20 to Planned Parenthood Federation of America.

I highlighted the above manipulation bit because that's very illegal, so I suggest not saying out loud that's what you're trying to do.

go tell the SEC to enforce the law against stock market manipulation ... against the hedge funds, market makers, and exchanges who are playing dirty behind the scenes

[Noneya]

Originally Posted by XKxRome0ox

go tell the SEC to enforce the law against stock market manipulation ... against the hedge funds, market makers, and exchanges who are playing dirty behind the scenes

Ah yes, the classic he did it first defense - works every time.

[antzcrashing]

Originally Posted by Noneya

Ah yes, the classic he did it first defense - works every time.

I'm pretty sure no one expects hedge funds to get even a slap on the wrist for their behavior. But if the SEC comes at the Reddit WSB community and/or its defacto leader, the public sentiment will not be favorable. SEC in a tough spot especially if gamestop and other meme stocks head to the moon. 🍿

[NorCalAthlete]

Aside from GME, it's going to be an interesting next couple of weeks:

https://www.bloomberg.com/news/artic...rebalance-ever

I have AAPL, TSLA, CSCO, MSFT, but no GOOG / AMZN.

I also have CVX, DUK, ET, F, T, and a smattering of others that I picked up back in April / May last year that are up 50%-100% already from where I snagged them (example - F @ $5, currently at $12.27).

I picked up some of the pharma companies at the beginning of the pandemic as well - NVS, CRSP, PEAK, etc type stuff.

I think I should still be fine regardless but debating on whether I should sell off the tech at the next spike and then buy back in later this year once it settles in again.

[TheFanatic]

Originally Posted by P1

This thread is worse than WSB. I hope not a single person takes ANY advise on stocks or investing from any of the above posts. My goodness.

You're delusional if you think WSB post GME is better than anything. That place is pure cancer at this point. Taking any advice for stocks off the internet is always a gamble vs due diligence.

[apar]

Originally Posted by Noneya

These words don't mean what you think they mean

They haven't had a profitable quarter since 2017. There is nothing to indicate that they ever will. The valuation implied by $50 (or the current $100+) price is completely detached from reality.

What you really meant to say was "I may pick up some shares because I like gambling".

The price is not detached from reality. Gamestop can be a great long term buy. Leadership matters. If Ryan Cohen was able to make Chewy.com into $35B company that sells pet supplies, there's no reason he can't do that with Gamestop as a gaming online retailer. That valuation would be $500 a share for GME. We've seen big turn arounds for companies before, just look at what happened to Apple when Steve Jobs returned. Anyone with a time machine would have invested in them.

At the end of the day prices are determined by supply and demand, and there is only 70M shares of supply, and there is a whole lot of demand. Gamestop is getting millions of dollars of free global media coverage. It was the most purchased stock in 95% of countries in Europe during Jan and Feb. Everything about short squeezes and gamma squeezes are fun to discuss but I don't count on it, but Ryan Cohen leading the company to a brighter future is something that I will bet on.

[E92inNC]

How far do you guys think Apple will continue to fall and what’s causing this month long slide? If it gets down to $115 I’m thinking of selling WFC and moving the money over.

[antzcrashing]

Originally Posted by E92inPHX

How far do you guys think Apple will continue to fall and what's causing this month long slide? If it gets down to $115 I'm thinking of selling WFC and moving the money over.

I hesitate to project on how long it will slide but I will say I am bullish on apple and big tech. They have been disproportionately hurt by fears of rising interest rates, higher rates means R&D is more expensive for these companies and maybe more importantly it means investors consider alternative investments to the stock market in general. My gut feeling is that rates dont climb to high or too fast.

[Noneya]

Originally Posted by apar

The price is not detached from reality. Gamestop can be a great long term buy. Leadership matters. If Ryan Cohen was able to make Chewy.com into $35B company that sells pet supplies, there's no reason he can't do that with Gamestop as a gaming online retailer. That valuation would be $500 a share for GME. We've seen big turn arounds for companies before, just look at what happened to Apple when Steve Jobs returned. Anyone with a time machine would have invested in them.

At the end of the day prices are determined by supply and demand, and there is only 70M shares of supply, and there is a whole lot of demand. Gamestop is getting millions of dollars of free global media coverage. It was the most purchased stock in 95% of countries in Europe during Jan and Feb. Everything about short squeezes and gamma squeezes are fun to discuss but I don't count on it, but Ryan Cohen leading the company to a brighter future is something that I will bet on.

Just to be clear, you're betting on him leading the company to more than 25 times better future. Because the price of GME before all this was around $20.

If your baseline is Steve Jobs - it took "him" 10 years to 25x AAPL.

But sure let's go to $500 in a month. Rocket emoji, diamond hands emoji.

[chassis]

Originally Posted by E92inPHX

How far do you guys think Apple will continue to fall and what’s causing this month long slide? If it gets down to $115 I’m thinking of selling WFC and moving the money over.

It's a rotation into value, industrials and financials. I'm not an AAPL stock expert but look for a reasonable support level for p/e and that's one estimate of the floor.

Tech is/was a bit overvalued, but it doesn't mean to me that tech won't have medium and long term growth above the S&P. Tech is fundamentally in the productivity business. Productivity is inherently valuable and delivers higher standards of living. It's an inherently sound investment strategy, at a high level.

Value is by its nature a relative term. Value can mean tech or any other sector. Just not shares with 100+ p/e. A growth stock can be a value stock.

In the short term, things get overvalued and small bubbles pop, as is happening now.

Have a look at solid industrial companies and banks of various types. Banks in particular have been outperforming the S&P lately. I have some new money to put into the market in a month or so and it will probably be in financials.

[XKxRome0ox]

Originally Posted by Noneya

Ah yes, the classic he did it first defense - works every time.

nope
there is only one side doing the manipulating and it's not the retail traders
we just like the stock and the future potential of the company

Originally Posted by apar

The price is not detached from reality. Gamestop can be a great long term buy. Leadership matters. If Ryan Cohen was able to make Chewy.com into $35B company that sells pet supplies, there's no reason he can't do that with Gamestop as a gaming online retailer. That valuation would be $500 a share for GME. We've seen big turn arounds for companies before, just look at what happened to Apple when Steve Jobs returned. Anyone with a time machine would have invested in them.

At the end of the day prices are determined by supply and demand, and there is only 70M shares of supply, and there is a whole lot of demand. Gamestop is getting millions of dollars of free global media coverage. It was the most purchased stock in 95% of countries in Europe during Jan and Feb. Everything about short squeezes and gamma squeezes are fun to discuss but I don't count on it, but Ryan Cohen leading the company to a brighter future is something that I will bet on.

Originally Posted by Noneya

Just to be clear, you're betting on him leading the company to more than 25 times better future. Because the price of GME before all this was around $20.

If your baseline is Steve Jobs - it took "him" 10 years to 25x AAPL.

But sure let's go to $500 in a month. Rocket emoji, diamond hands emoji.

Gamestop is pivoting from being mainly a brick and mortar reseller (with a huge number of physical stores which increases its overhead and liability) to an e-commerce and e-gaming focused company

brick and mortar companies have a much bigger limitations on valuation due to physical location being necessary for sales
e-commerce and e-gaming's valuation is no longer tethered by the same limitations


but that's just stuff I picked up along the way
in the end, I just like the stock

[apar]

Originally Posted by Noneya

Just to be clear, you're betting on him leading the company to more than 25 times better future. Because the price of GME before all this was around $20.

If your baseline is Steve Jobs - it took "him" 10 years to 25x AAPL.

But sure let's go to $500 in a month. Rocket emoji, diamond hands emoji.

Feel free to short the stock or buy puts then big guy

[premier3is]

this thread is cringe. If anyone thinks GME is fairly valued you are a fuckin looney. Anyone buying GME is just gambling, that shit isn't investing. And for the people who are sitting here trying to validate the current price and "I LiKE tHe sToCK" comments are just gamblers.

Give me one good reason why you "like the stock" lol. And don't use the Ol' Ryan Cohen turned chewy into a multi billion dollar company because that is totally different than GameStop. Who the fuck even shops at GameStop still? Stock should be in the 20s tops. Good for you if you making money though, I'd rather bet on black or red at casino.

[2one3E90]

Bro sell me this pen

[antzcrashing]

Originally Posted by premier3is

this thread is cringe. If anyone thinks GME is fairly valued you are a fuckin looney. Anyone buying GME is just gambling, that shit isn't investing. And for the people who are sitting here trying to validate the current price and "I LiKE tHe sToCK" comments are just gamblers.

Give me one good reason why you "like the stock" lol. And don't use the Ol' Ryan Cohen turned chewy into a multi billion dollar company because that is totally different than GameStop. Who the fuck even shops at GameStop still? Stock should be in the 20s tops. Good for you if you making money though, I'd rather bet on black or red at casino.

Why you so mad bro? Are you a hedge fund? Are you mad because free thinking people are making free market choices with their own money? Some will lose money some will make it, everyone wih 3 brain cells knows that. Or are you mad bc you missed the boat 🛥

[2one3E90]

Originally Posted by antzcrashing

Why you so mad bro? Are you a hedge fund? Are you mad because free thinking people are making free market choices with their own money? Some will lose money some will make it, everyone wih 3 brain cells knows that. Or are you mad bc you missed the boat 🛥

The boat with Lobster thrown at subway riding cops HAHAHAHAHAHAHAHA

[Noneya]

Originally Posted by apar

Feel free to short the stock or buy puts then big guy

There isn't an easy way to place long term bets against a stock.

[premier3is]

Originally Posted by antzcrashing

Why you so mad bro? Are you a hedge fund? Are you mad because free thinking people are making free market choices with their own money? Some will lose money some will make it, everyone wih 3 brain cells knows that. Or are you mad bc you missed the boat 🛥

I'm not mad I'm just letting you know what it is. I didn't miss the boat, I was writing CCs on it for quite a while. There was a point where the IV was so high I was getting around 17-18% weekly writing calls. I'd lose my shares but didn't give a fuck because I didn't want to hold the pumped stock regardless. Try to get 4 brain cells instead, and not follow the crowd and make money different ways

Looks like the bagholders are coming out the grave lately because the stocks been moving up last few days. Keep that same energy when it's begins to freefall again.

[bimmer pleaser V2]

Originally Posted by premier3is

this thread is cringe. If anyone thinks GME is fairly valued you are a fuckin looney. Anyone buying GME is just gambling, that shit isn't investing. And for the people who are sitting here trying to validate the current price and "I LiKE tHe sToCK" comments are just gamblers.

Give me one good reason why you "like the stock" lol. And don't use the Ol' Ryan Cohen turned chewy into a multi billion dollar company because that is totally different than GameStop. Who the fuck even shops at GameStop still? Stock should be in the 20s tops. Good for you if you making money though, I'd rather bet on black or red at casino.

LMAO imagine thinking anything about stock market is "fair"

[premier3is]

Originally Posted by bimmer pleaser V2

LMAO imagine thinking anything about stock market is "fair"

Straw man. 'Fair value' and the stock market being fair is 2 different things. Obviously it's manipulated by the big boys and fundamentals is thrown out the window these days, but thats clearly not what I'm referring to.