January 27, 20215 yr 59 minutes ago, southsider2k5 said: GME went over $300 this morning. $350 now haha
January 27, 20215 yr 2 minutes ago, Soxbadger said: $350 now haha I bought a crude ETF a couple of days after it went negative and pretty much doubled that. I sold off part of it, and found an option series in this to day trade. Going to just try to pick off like $50 a round turn. It is so active, yet is pretty well range bound.
January 27, 20215 yr 1 minute ago, southsider2k5 said: I bought a crude ETF a couple of days after it went negative and pretty much doubled that. I sold off part of it, and found an option series in this to day trade. Going to just try to pick off like $50 a round turn. It is so active, yet is pretty well range bound. I put a little into AMC for the laughs.
January 27, 20215 yr I think institutions are trying to prevent AMC. The volume is insane right now. 650mil already traded (the average volume for AMC is 40mil per day) its averaging like 10-30k per second at the moment. In comparison Gamestop is at 49mil volume today.
January 27, 20215 yr 39 minutes ago, Soxbadger said: I put a little into AMC for the laughs. AMC has really leveled off after moving a ton in pre-hours trading.
January 27, 20215 yr I got in on it on monday, and I'm not getting off until some mouth breather owns the New York Mets. Edited January 27, 20215 yr by mqr
January 27, 20215 yr 1 minute ago, turnin' two said: AMC has really leveled off after moving a ton in pre-hours trading. Institutions have to be dumping crazy. Its like a war right now. Its over 690 mil volume. That means in the last 15 minutes 40mil shares have been traded. That is the normal daily average. I dont think that normal people can beat back this type of sell off.
January 27, 20215 yr 2 minutes ago, Soxbadger said: Institutions have to be dumping crazy. Its like a war right now. Its over 690 mil volume. That means in the last 15 minutes 40mil shares have been traded. That is the normal daily average. I dont think that normal people can beat back this type of sell off. That's insane. This is so bizarre. I can't stop watching. Haha.
January 27, 20215 yr 2 minutes ago, turnin' two said: That's insane. This is so bizarre. I can't stop watching. Haha. Im pretty sure they just stopped trading on it.
January 27, 20215 yr 1 minute ago, turnin' two said: That's insane. This is so bizarre. I can't stop watching. Haha. It's also insanely funny and somewhat inspiring. The guy who already made enough money to never work a day in his life again but not selling to stick it to the hedge funds is a hero.
January 27, 20215 yr 6 minutes ago, Soxbadger said: Institutions have to be dumping crazy. Its like a war right now. Its over 690 mil volume. That means in the last 15 minutes 40mil shares have been traded. That is the normal daily average. I dont think that normal people can beat back this type of sell off. My compensation package thanks them.
January 27, 20215 yr Just now, southsider2k5 said: My compensation package thanks them. So I tried to get out, trading stopped so it didnt go through. Now its back to where it was before hahaa They must have had an insane sell order because its at 715Mil volume.
January 27, 20215 yr 2 minutes ago, Soxbadger said: So I tried to get out, trading stopped so it didnt go through. Now its back to where it was before hahaa They must have had an insane sell order because its at 715Mil volume. Its wild. Been doing this since 1998, and can't recall anything like this.
January 27, 20215 yr 3 minutes ago, southsider2k5 said: Its wild. Been doing this since 1998, and can't recall anything like this. It just momentarily crashed fidelity and trading stopped again. Edited January 27, 20215 yr by Soxbadger
January 27, 20215 yr Just now, Soxbadger said: It just momentarily crashed fidelity and trading stopped again. Schwab has had problems all day today too.
January 27, 20215 yr 19 minutes ago, southsider2k5 said: Schwab has had problems all day today too. So has Ameritrade
January 27, 20215 yr Author 30 minutes ago, mqr said: It's also insanely funny and somewhat inspiring. The guy who already made enough money to never work a day in his life again but not selling to stick it to the hedge funds is a hero. I don't find that guy inspiring at all - he is going to stick it to a ton of people who are going to get bit when it all comes crashing down (which it will).
January 27, 20215 yr 1 minute ago, turnin' two said: Most importantly, who is the big run tomorrow? Its not sustainable. AMC is being beaten back by heavy hitters. They are on the look out now. A lot of people are going to lose money trying these games.
January 27, 20215 yr 1 minute ago, Soxbadger said: Its not sustainable. AMC is being beaten back by heavy hitters. They are on the look out now. A lot of people are going to lose money trying these games. Yeah, hopefully people are taking their gains if they were on the long side of this because when it goes... look out. There is no technical bottom until at least the original highs.
January 27, 20215 yr 5 minutes ago, southsider2k5 said: Yeah, hopefully people are taking their gains if they were on the long side of this because when it goes... look out. There is no technical bottom until at least the original highs. AMC may hit a billion volume. That is just beserk. It looked like 13.5 was the inflated floor, but then it went under $13. Now its at $14. The problem is small guys buying 100 lots get wiped by big guys selling 10k lots. Have all the big investors dumped yet? Or are they trying to see if they can push the floor further. If they all have dumped and you still have the buy frenzy it will pop. Also most people cant just sit on their computer and defend their positions all day long.
January 27, 20215 yr 6 minutes ago, Soxbadger said: Its not sustainable. AMC is being beaten back by heavy hitters. They are on the look out now. A lot of people are going to lose money trying these games. OTOH for AMC they completed their secondary, so at the very least they were able to get some capital.
January 27, 20215 yr 4 minutes ago, bmags said: OTOH for AMC they completed their secondary, so at the very least they were able to get some capital. Agreed at least AMC is a legitimate company that you are buying during an insane economic downturn. There is some theory to that stock being better in a year from now. But what I am seeing with AMC has never happened. Over 816mil volume, back over $15 per share. This is literally people trying to find gold. (edit) This is the volume for shares today https://www.barchart.com/stocks/most-active/daily-volume-leaders Looks like similar plays may be being made on Nokia, Edited January 27, 20215 yr by Soxbadger
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