forums

Off-Topic Stock Market & Crypto Discussion

Advertisement
LPTX team... (I see you @GladeCane)...

We've been on a tear, but we might just be getting ready for another big "leap" :) if we can get past this resistance level.

I recommended it at:

$1.90, $1.78, $1.53, $1.68 (was a BUY BUY BUY call), $1.79, $1.50 (was a NOW NOW NOW call). I am going to 3x weight my urgent recs and use an overall entry point of $1.65.

It's at $2.63 so we're up about 60% right now... if we can push through I see $3 coming....
 
Last edited:
George84 said:
Bought GME calls around 12pm, held for 20 minutes, doubled my money and sold. WOW is all I can say.
Click to expand...

Funny, I just bought some puts.

Fun Falling GIF
 
“
That was a margin call The rocket up in GME and other commonly shorted stocks was a margin call on a fund that was short. By being margin called on gme, they had to buy back the shares sending the price skyrocketing, triggering the halt because of the 10% up in 5 mins rule.
Buying back their gme shares then triggers their other short positions in a chain reaction of short covering. So why did it go down? They closed their short position, that means those shares are shortable again, and you can bet you *** there was a broker calling a short fund during the stop asking if they wanted the position.
Nothing has changed, that was the first of many short fund margin calls as gme continues to experience buy pressure based on the renewed business model under daddy Cohen.
TLDR: Ain’t **** changed, GME to the moon 🚀🚀🚀🚀🚀”
Copied from someone else
 
George84 said:
Incredible what 200k people with $1000 Robinhood accounts can do if they all put their money on the same stonk.
Click to expand...
A headline I didn't know I needed in my life:
finance.yahoo.com

GameStop Record Surge Gives Win to Reddit Army in Citron Clash

(Bloomberg) -- In the battle between short-seller Citron Research and an army of Reddit-charged day traders, GameStop Corp.’s seemingly endless rally to an all-time high has given the stock’s bulls a win, though not without controversy.GameStop’s 75% gain through Friday comes after it more than...
finance.yahoo.com finance.yahoo.com
 
George84 said:
“
That was a margin call The rocket up in GME and other commonly shorted stocks was a margin call on a fund that was short. By being margin called on gme, they had to buy back the shares sending the price skyrocketing, triggering the halt because of the 10% up in 5 mins rule.
Buying back their gme shares then triggers their other short positions in a chain reaction of short covering. So why did it go down? They closed their short position, that means those shares are shortable again, and you can bet you *** there was a broker calling a short fund during the stop asking if they wanted the position.
Nothing has changed, that was the first of many short fund margin calls as gme continues to experience buy pressure based on the renewed business model under daddy Cohen.
TLDR: Ain’t **** changed, GME to the moon 🚀🚀🚀🚀🚀”
Copied from someone else
Click to expand...
Confused. So he thinks GME is artificially high due to a short squeeze, but
🚀
🚀
🚀
🚀
🚀
?
 
Advertisement
Cryptical Envelopment said:
LPTX team... (I see you @GladeCane)...

We've been on a tear, but we might just be getting ready for another big "leap" :) if we can get past this resistance level.

I recommended it at:

$1.90, $1.78, $1.53, $1.68 (was a BUY BUY BUY call), $1.79, $1.50 (was a NOW NOW NOW call). I am going to 3x weight my urgent recs and use an overall entry point of $1.65.

It's at $2.63 so we're up about 60% right now... if we can push through I see $3 coming....
Click to expand...
I own Digital Galaxy not LPTX.
 
GladeCane said:
Exactly right. 95% of my portfolio is with etf right now, with most in DWCPF. I do jump in and out occasionally and like the liquidity big funds offer. In prior life I had the time and drive to do what CE does. Funny, I'm retired, but don't have the time.

Currently own LI AUTO, LPTX, SRNE and ZYXI. This is for fun, but still take it seriously.

Thanks for ARKK. I'll be looking at it. Friend also mentioned it.
Click to expand...
@GladeCane you said in this post that you had LPTX, no?
 
Did you all know Blackberry was still around? I heard about it twice from two different sources in the last 3 days. Technicals are saying good and fundamentals too... On my radar
 
Bird4um said:
Did you all know Blackberry was still around? I heard about it twice from two different sources in the last 3 days. Technicals are saying good and fundamentals too... On my radar
Click to expand...
I was looking at this back in December and never pulled the trigger, kind of forgot about it with the holidays. It is the next meme stock the WSB board is trying to push once done with GME.

They have reinvented the company quite a bit and are teaming with AWS. They are focusing on data technology in cars these days, and I think the ability for self driving cars to communicate with one another. They also own an insane number of patents and are actively suing for impeaching on them. They just collected a huge settlement from Facebook. I’m going to take a small bite tomorrow.
 
wspcane said:
I was looking at this back in December and never pulled the trigger, kind of forgot about it with the holidays. It is the next meme stock the WSB board is trying to push once done with GME.

They have reinvented the company quite a bit and are teaming with AWS. They are focusing on data technology in cars these days, and I think the ability for self driving cars to communicate with one another. They also own an insane number of patents and are actively suing for impeaching on them. They just collected a huge settlement from Facebook. I’m going to take a small bite tomorrow.
Click to expand...
me too
 
Advertisement
Back
Top