Still think TITNC3: Return of the Iceberg was peak

Ah okay so he's been taking some cash then? He really started with 50k?! Shiiiiiit. I thought he started with ~2m. Damn, so you're saying I could have done this. Well...Ish, I have it in a 401k but not in an IRA I could have traded stocks with. BUT my same comments before apply: My risk tolerance here would have limited me to a max gain of about 10k if it reaches 1k/share. At the current price I'm looking at a "lost potential" of about 3k max.

 

I found this thread at the perfect time. TW has caused me to spend tons of money, hoping it returns the favor

 

Usually you spend tons of money from here and there's no payoff

 

i thought about that but there has to be a reason its not instantly sabotaged every time?

more smoothbrained questions...

 

I'm guessing here...

Likely except for the extremely rare case like GME, the loss avoidance of manipulating the price isn't worth the cost/risk of doing so.

... and even if something is illegal, when a couple billion $ are at stake, finding a fall guy willing to sit in club-fed for a while in exchange for a $100MM offshore account might not be such a bad bargain.

Pure speculation.

I don't know what I'm talking about and probably watch way too many movies.

 

DFV played the Looooong game. Like really long

 

Okay who broke Marketwatch?

 

Could someone explain to me what could push this stock up to 1K like I’ve seen predicted?

 

The short sellers are required to buy it. If a bunch gambling fools like us buy up all the stock, the supply will be low, price will increase and keep increasing until the dam breaks and we start selling.

The short sellers have shorted over 100% of the available stock. So it's a supply and demand thing.

Edit: I don't know what I'm talking about mostly. So I reserve the right to be wrong. But I like the stock.

 

Yep - and as to why they don't just sit there and wait it out - the brokerages charge interest on borrowed shares based on the share price. Plus the brokers require a certain amount of collateral be deposited with them - again as a % of the share price.

See Short Squeeze Definition (investopedia.com)

 

Pssh. Like we aren't going to immediately cash out the profits and put them towards a set of bronze methods, and throw in a slimline bumper for the high rollers too.

Sooner or later, one way or another, the money all winds up here.

 

Very helpful. Much appreciated.

 

Cheers to all you crazy rocketeers out there

 

Lol this just showed up in my email

 

LOL at the scare tactics...

 

I'm HODL till these Wall Street suits buy me a maggy supercharger

 

About a year I believe

Diamond handed stock holders.

 

$50k in 2019

 

damn. I remember in March when GME said they were closing like 200 stores I even posted on here - I didn’t know they still had 200 stores they’re going the way of blockbuster.

woopsies.

 

Hey, there's still one Blockbuster! You aren't out of the woods yet on your late fee!