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Still think TITNC3: Return of the Iceberg was peak

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

  1. May 10, 2021 at 7:32 PM
    ThunderCookies

    ThunderCookies This is the Wait

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    10,000? fucking paper hands :confused:
     
  2. May 10, 2021 at 7:36 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    I’d like to see anyone here who doesn’t start selling before 10,000.
     
  3. May 10, 2021 at 7:37 PM
    ThunderCookies

    ThunderCookies This is the Wait

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    I will sell 1 at 10,000 then buckle up :rocket:
     
  4. May 10, 2021 at 7:37 PM
    kairo

    kairo [OP] >_>

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    TreeFortRichard likes this.
  5. May 10, 2021 at 7:43 PM
    kairo

    kairo [OP] >_>

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    I think I'm gonna sell 120 at $50k and hold the rest til after the peak
     
  6. May 10, 2021 at 7:43 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    That’s a shame to leave that much on the table when they shut the game down at 1,000/share or 1,800 or 5,000. Whatever it is, they won’t let it go out of control. It would be far easier and cheaper to just take GameStop private and pay whatever negotiated price/share they agree to.
     
  7. May 10, 2021 at 7:45 PM
    not_nick

    not_nick Well-Known Member

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    keeping jersey dirty
  8. May 10, 2021 at 7:45 PM
    ThunderCookies

    ThunderCookies This is the Wait

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    I don’t think I like your tone
     
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  9. May 10, 2021 at 7:46 PM
    chetterthecat

    chetterthecat Well-Known Member

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  10. May 10, 2021 at 7:47 PM
    kairo

    kairo [OP] >_>

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    The risk, of course, with any fuckery is risking foreign nations to abandon the US markets entirely if they shut it down.

    Remember, we know the .gov can print money. They've printed 30% of all the money ever printed in the last year.

    So if you're dear old uncle Sam, and you've got two choices, which one looks better?

    1. Stop trading at a relatively low level, piss off hoardes of retail investors, and possibly have the world lose faith in US markets

    2. Let the little guy have his day. Wipe out a bunch of shady hedge funds, possibly recover some offshore money being used to cover, and then recoup trillions of dollars in taxes. Downside, you may have to keep the money printer going brrrrr for a few more months until you basically get the equivalent of the US's outstanding debt paid back in taxes. Most of us are way too fucking stupid to figure out how to offshore our money. We'll just pay the taxes and stay stupid rich and be quite happy.

    I know which option I'd go for.
     
  11. May 10, 2021 at 7:52 PM
    kairo

    kairo [OP] >_>

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    Curious as to why you think it won't play out then? It's normal to have doubts. I've only drank about 98% of the kool-aid myself. But man it's really hard to see this not happening
     
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  12. May 10, 2021 at 7:58 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    A simple answer is the scenario best for retail(you and me) would logically feel like the least likely outcome. Most likely they use this as a chance to fix “flaws” in the system to prevent this scenario in the future, while not allowing this one to cause too much damage to the markets and mass liquidation. Who cares if retail investors are pissed? Retail are simple minded fools who will be back buying pot stocks and whatever else is hyped the next week.
     
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  13. May 10, 2021 at 8:04 PM
    kairo

    kairo [OP] >_>

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    I don't disagree. We always tend to bias our viewing of anything in life to the outcome we personally want to see.

    I think the risk is too great since there is so much international attention to enact some sort of bargained solution.

    And judging by how humanity has behaved for the last 200,000 years, I don't put a ton of faith in us actually fixing the problems. But never discount greed and power. The .gov has lots of that. They can keep printing money for a bit if it keeps them at the top of the world hegemony.
     
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  14. May 10, 2021 at 8:04 PM
    theesotericone

    theesotericone Well-Known Member

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    Don't forget that only a VERY small percentage of retail is playing GME. If the rest of retail suffers losses associated with a GME MOAS scenario they will be all for the SEC shutting it the fuck down.
     
  15. May 10, 2021 at 8:05 PM
    kairo

    kairo [OP] >_>

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    Fuck 'em. Not my fault they bought AMZN and MSFT instead of GME
     
  16. May 10, 2021 at 8:07 PM
    theesotericone

    theesotericone Well-Known Member

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    As long as they all keep buying NVDA I'm good. Although my calls are way OTM and the losses are painful to watch currently. lol
     
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  17. May 10, 2021 at 8:08 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    All I’m saying is, nobody knows how this ultimately plays out, but if there good money to be made at 500 or 1,000, holding all our eggs hoping it goes our way to a magic number that may never be allowed to hit isn’t the strategy for me. I’ll be picking up profits along the way.
     
    not_nick likes this.
  18. May 10, 2021 at 8:09 PM
    kairo

    kairo [OP] >_>

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    I'm gonna do a hostile takeover of CRSR on general principle. When GME hits $20m a share, I can pick up CRSR's market cap with pocket change and then use the rest of my money to buy an aircraft carrier or Scotland or something.
     
    TreeFortRichard likes this.
  19. May 10, 2021 at 8:10 PM
    kairo

    kairo [OP] >_>

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    Once in an "ever" opportunity. Go big or go home. You only have so many lottery tickets. Don't waste them all too early.
     
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  20. May 10, 2021 at 8:13 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    Oh I wouldn’t waste them all. Saving 20 would be enough for me. I don’t need more than a few million anyway. I always figured if I won 100 million in the lottery I’d only really want to keep 10 mil or so :rofl:
     
    theesotericone likes this.

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