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HOLD the fucking line. I'm buying more on the dip. If we don't see increases later today, we'll see them on Monday.
Don't post Jack Posobiec here. He's a major alt-right baby trying his hardest to keep the remaining trump audience he has
Hold and buy the dip if you can afford to.
Obviously don't gamble your life savings or any money that could ruin your life if you don't get it back. But if you've been waiting to jump in and have a few bucks to spare, buying on the low is your entry point.
This is not financial advice.
Obviously don't gamble your life savings or any money that could ruin your life if you don't get it back. But if you've been waiting to jump in and have a few bucks to spare, buying on the low is your entry point.
This is not financial advice.
I think the fun is over. I'm gonna let my shares ride but if you are nervous and really need the money I would get out and chalk up what you lost as a learning experience.
It just hit a $250 buy wall and went up to $280. The real fun begins Monday if this ends over $115.
This. Speculation trading is not for 99% of people, including me lol.
It sounds like you know what you are doing. I was referring to those that are new to this game. Anyways, I can not in good conscience tell people to hold.
I don't lmao. I'm just sticking to the dd on wsb. So far the plan is still in place.
Any price now is likely the dip. Squeeze starts Monday depending on today's close price.
Hold and buy the dip y'all. The stock in under a ladder attack and the hedge funds are trying to push this down below $115 before close.
We aren't near the squeeze yet. It blows my mind how much money the hedge funds are currently losing.
What happens if the stock gets below $115 at the end of the day?
Anyone trying to buy, use Fidelity. You can transfer funds from your bank account and they'll be immediately available. Test it with a small amount to be safe.
As an alternative, Public is also working but they also halted buying yesterday.
As an alternative, Public is also working but they also halted buying yesterday.
There are a lot of calls outstanding at 115. Which means you paid to have the right to buy a certain number of shares at 115. Whatever the current price is. You want to exercise that right when the stock price is actually above 115. Then you got a bargain (in the money). And since a lot of stocks would be bought, the stock price goes up.
If the price is below 115, then it doesn't make sense to exercise the call and the stock price doesn't get boosted by the buys.
So that's what the hedge funds are going for, those calls not executing means less pressure on the stock price to go up. And they of course want it down for an extended period of time, as they might want to cover a lot of stock. And that can take a while.
lol. imagine if rh didn't restrict ppl buying the stock !?!
Level 2 data livestream here for anyone interested. It gives you a peak underneath the hood of what's happening in almost real-time (15 second delay)
www.youtube.com
Hot Stocks Level 2 ( $BB, $AMC, $SNDL, $GME, $AAL & $NOK) Jan 29, 2021
(App I'm using is Webull - USA only) - https://bit.ly/3tz8jWa[You get free stocks with this link](For my Canadians) - Wealthsimple Trade is Canada's first $0...
www.youtube.com
Is there a website i can check live for stocks prices? Tired of watching it from the phone app
edit nvm using yahoo finance website
edit nvm using yahoo finance website
Ah ok, i see.. Thanks. So those call can first be executed from Monday?
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I'm using WeBull, and I deposited $100 two days ago, but I guess the deposit hasn't been fully finalized? Anyways, I'm confused, because I've been buying and selling for two days now, but now if I try to buy something, it says that I'm using funds that haven't been finalized, and if I sell within 2 days, I'll get hit with a Good Faith Violation (GFV), which seems not great. Anybody else experiencing this? I'd love to be able to buy more into some of the stocks that we know are still being shorted, but it seems like I can't spend the money I've been spending anymore.
No, they expire today. Re-reading my post, I wasn't 100% complete. The hedge funds are in this on both sides. They have a ton of calls, maybe most of them at this point. You can sell a call, so hedge funds can buy calls from retail investors. If they execute (price above 115) they get some value out of the price difference.
They need stock. So it's still better to exercise the call at 115 then to let it expire. They A: get some stock back to cover, B: get value back from immediately selling the stock, which they can use to cover more stock. So if they have the calls, they probably want to exercise the option... but it'd be much better is the price is below 115, then they can buy for the regular price and start selling.
But the theory only holds if you accept that A: they really want that stock (they'll exercise the calls) and B: regular folk will hold, meaning they won't be able to buy cheap in any way. Who knows if all this theory is correct? I don't. Nobody knows... well, except the big money guys.