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The Stock Market thread

KnackChap

By KnackChap,
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Posted by KnackChap,

Stock Market trades and Investments are subject to market risk, Plz read the OP carefully before investing.    This thread is for educational purposes only.  Neither IVG or any of the members are responsible for any trades (good or bad) If you're a new trader always use paper trading before jumping into the real thing. No one can predict the markets 100%. don't believe in those paid tips available online. Do your own research before trading.  Ask be
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Bird Bird Bird Grand Master

Bird Bird Bird

Posted
Posted
24 minutes ago, hope said:

How much we get IPO for :fear1:

A PS5 and an XSX. Nothing crazy. 

 

33 minutes ago, i_rock098 said:


Wanted indigo, did not get it. Had applied for homefirst just for the heck of it and got it.

I am hoping for some listing gain. The financials look decent, not crazy like stovekraft.


Sent from my iPhone using Tapatalk

You should see listing gains unless budget f**ks up sentiment. 

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KunjanPSD Grand Master

KunjanPSD

Posted
Posted

It seems funny that people are still holding and buying GME but I am sure that by now any decent hedge fund would have gone net long during the 120 levels dip and now will be in green. Though there is still quite significant short interest present so there are still horses in the race.

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Bird Bird Bird Grand Master

Bird Bird Bird

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25 minutes ago, kunjanp said:

It seems funny that people are still holding and buying GME but I am sure that by now any decent hedge fund would have gone net long during the 120 levels dip and now will be in green. Though there is still quite significant short interest present so there are still horses in the race.

More than 100% short still there. Good amount of money to be made. Nobody can clear their shorts if HODL is strong. 

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KunjanPSD Grand Master

KunjanPSD

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8 minutes ago, Bird Bird Bird said:

More than 100% short still there. Good amount of money to be made. Nobody can clear their shorts if HODL is strong. 

I meant during the dip, people were selling so around that point they would have switched sides. Really interesting to see how long this goes for.

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Bird Bird Bird Grand Master

Bird Bird Bird

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Just now, kunjanp said:

I meant during the dip, people were selling so around that point they would have switched sides. Really interesting to see how long this goes for.

I doubt most big hedge funds could have cleared shorts with the small amount of selling. Most selling was triggered by algos, and it is mostly the same set of funds who sell/buy in cycles to artificially cause a panic and force people to sell. 

The big holders are still holding strong. With that level of short, unless one of the whales decide to sell, the shorters for now are still kinda f**ked (but most have deep pockets). 

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KunjanPSD Grand Master

KunjanPSD

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3 minutes ago, Bird Bird Bird said:

Man, many WSB guys used their profit funds from GME to donate to charities and what not. Super stuff ! 

 

LinusTechTips also bought. :mellow:

Linus has been quite vocal regarding WSB and the shorting game. Nice to see such gestures from the community.

Now all I want to see is Robinhood being sued to dust.

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