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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Mar 4, 2021 at 2:14 PM
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    I did however sell my NOK today for a loss because

    1. Got tired of looking at it
    2. Needed more money for GME
    3. Only lost $50 in it so figured it was well worth the $$$ for more GME stonks
     
    gpb and TreeFortRichard like this.
  2. Mar 4, 2021 at 3:14 PM
    pittim

    pittim mittip backwards

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    It’sa Lexus, boogie woogie woogie
    Just applied for options trading :anonymous:
     
  3. Mar 4, 2021 at 3:47 PM
    moto.mike

    moto.mike Well-Known Member

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    guys....we're really just on a rocket ship to the moon....getting out of orbit is always a little bumpy.

    [​IMG]
     
    saundern likes this.
  4. Mar 4, 2021 at 4:52 PM
    TBuzz

    TBuzz Well-Known Member

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  5. Mar 4, 2021 at 4:54 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Sold my $BNKU to free up cash for tomorrow to flip a $GME call if I have to...
    I can set a trailing stop on my $150 on a spike and then buy it back with the funds I freed up...
     
  6. Mar 4, 2021 at 5:05 PM
    theesotericone

    theesotericone Well-Known Member

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    Well, just when you think it can't get any worse Powell manages to send the markets even further down the correction hole. This shit is nuts. As pointed out, money isn't going into inflation hedges like gold, silver, crypto. It's sure sure as shit not going into blue chips. There's no way big money is just sitting on trillions of dollars. So, where is it going?

    Fuck it. I'm buying bonds. lol
     
    not_nick and gpb like this.
  7. Mar 4, 2021 at 5:21 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    They are just collecting ammo for the last 2 weeks of March
     
    98tacoma27 likes this.
  8. Mar 4, 2021 at 5:50 PM
    kairo

    kairo [OP] >_>

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    Sitting in Citadel's bank account as he weeps knowing he has to fork it all over for my GME shares at $300k a pop
     
    MGMSangTaco and 98tacoma27 like this.
  9. Mar 4, 2021 at 5:54 PM
    916Crza

    916Crza Well-Known Member

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    What’s going on with TSLA? Was it that over priced or something? I believe in Elon and whatever adventures he gets into. I’m thinking $600 might be a good deal. The price keeps dropping.
     
  10. Mar 4, 2021 at 5:55 PM
    saundern

    saundern Swerve for nothing

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    If tomorrow goes well, the proceeds I make will pay for a couple shares to fund my ROTH
     
  11. Mar 4, 2021 at 5:56 PM
    kairo

    kairo [OP] >_>

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    Tesla was about the most overvalued stock on the market for a year by a long shot. Michael Burry even took a short position on it.
     
  12. Mar 4, 2021 at 5:57 PM
    theesotericone

    theesotericone Well-Known Member

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    It's global man. Those trillions are just what the US markets lost over the past 2 weeks. The global total would be staggering. Big money doesn't let anything sit in a bank account. It's going somewhere. It will also come back into the market. Right now we are in a technical correction. If it drops another 8% we are headed to bear market. I hate those. lol
     
    not_nick likes this.
  13. Mar 4, 2021 at 5:59 PM
    kairo

    kairo [OP] >_>

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    Sounds to me like we need a good ole fashioned war to get this economy back up and running full steam! Calls on defense contractors
     
  14. Mar 4, 2021 at 6:07 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    OPEC CUTS PRODUCTION!!!!!
    Get in oil NOW get in $NRGU
    https://www.investors.com/news/oil-...rch-2021-saudi-arabia-russia-production-deal/

    Saudi's undergo VOLUNTARY production cuts..
    I wonder if a recent revelation of concrete evidence of MBS offing someone without consequence has influenced Oil output to pacify the authority that could most exert punishment...

     
    gpb likes this.
  15. Mar 4, 2021 at 6:08 PM
    Dirk Diggler

    Dirk Diggler Under the Stun Gun

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    Love me some dead kennedys
     
    kairo[QUOTED][OP] likes this.
  16. Mar 4, 2021 at 6:10 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    From what I've gathered...
    Bonds up and The tech sector crash send people running from ETF's That has caused funds to liquidate...heavy $TSLA funds...which lowers the price...which causes more liquidation...repeat...

    https://www.marketwatch.com/story/etf-wrap-a-risky-tesla-three-way-and-a-family-affair-11614270627

    As people exit ARK et al they have to sell off assets to pay the departing funds...
     
  17. Mar 4, 2021 at 6:14 PM
    kairo

    kairo [OP] >_>

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    I think Burry was ranting about ETFs going to be a major catalyst for collapse here shortly too.
     
    not_nick likes this.
  18. Mar 4, 2021 at 6:18 PM
    chetterthecat

    chetterthecat Well-Known Member

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    What's your realistic number?
     
  19. Mar 4, 2021 at 6:20 PM
    kairo

    kairo [OP] >_>

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    Realistic or "realistic"

    Realistic realistic, $5k

    Realistic according to the math, probably $80k-$250k before it collapses the entire market.

    Theoretical Realistic? $500k+ for a very brief moment in time.

    If it hits $500k and I have a few shares left, I'll buy a half dozen Tacomas and give them away on this thread as prizes lol
     
    Fohu, TBuzz, gpb and 4 others like this.
  20. Mar 4, 2021 at 6:22 PM
    chetterthecat

    chetterthecat Well-Known Member

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    :bananadead:

    Ya I was thinking between 1-10k...

    Whats math points to the bigger numbers? I
     

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