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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 31, 2022 at 8:10 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    Since you asked...

    I don't not believe it.

    I believe it is possible that some/many large firms intended to cellar-box, or some similar type tactic, GME into non-existence while profiting immensely, that this has blown up in their faces, and that they are pulling a lot of emergency, possibly illegal, maneuvers behind the scenes to attempt to avoid paying for that mistake. Enron. WorldCom. Bernie Madoff. Theranos. The MBS Meltdown. Huge financial players have certainly gotten up to illegal and inadvisable shit in the past.

    I believe that even in the absence of the above, Ryan Cohen may reposition the company to a successful place over the coming years.

    I do not believe GME is going to get to millions per share while the rest of the world economy collapses, although if paragraph one is in fact true, I see no reason to rule out thousands per share and perhaps fatal losses to isolated asset managers/funds.
     
    not_nick likes this.
  2. Mar 31, 2022 at 8:10 PM
    kairo

    kairo [OP] >_>

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    You certainly can. I think they all have the same phone number. It routes to citadel and blackrock.
     
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  3. Mar 31, 2022 at 8:11 PM
    kairo

    kairo [OP] >_>

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    .gov will absolutely put a stop to the squoozle before it threatens their ability to govern.

    $25k-$100k is realistic and still doesn't break the bounds of modern companies' market caps.
     
  4. Mar 31, 2022 at 8:12 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
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    Oh, so same as me. Good to know
     
  5. Mar 31, 2022 at 8:13 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    Is that pre 7:1 numbers?
     
    theesotericone likes this.
  6. Mar 31, 2022 at 8:13 PM
    theesotericone

    theesotericone Well-Known Member

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    If it goes over $1K I'll be shocked.
     
  7. Mar 31, 2022 at 8:14 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    I am not convinced, but time will tell. Should it happen, you will certainly not find me asking it to stop.
     
    99TacoDriver and 98tacoma27 like this.
  8. Mar 31, 2022 at 8:16 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    That would be about a 6 bagger over my cost basis and I'd be quite content with it.
     
  9. Mar 31, 2022 at 8:17 PM
    kairo

    kairo [OP] >_>

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    $1k a share post split and I'm still in private jet money. I can live with that.
     
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  10. Mar 31, 2022 at 8:17 PM
    kairo

    kairo [OP] >_>

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    And I'll be rich as fuck
     
  11. Mar 31, 2022 at 8:19 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    To be clear, I consider the core GME thesis to be remote despite being willing to give it a chance. I have bet 95% of my portfolio on good old fashioned Bogle-Boomerism and less than 1% on GME. If that gives you any idea on what I believe to be most likely.

    But, no one thought 2007 likely in the housing market either. So it goes.
     
    98tacoma27 likes this.
  12. Mar 31, 2022 at 8:20 PM
    kairo

    kairo [OP] >_>

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    Shorts have to be called in at some point, right? It's obvious that GME isn't going bankrupt.

    In my eyes, the most logical conclusion is a controlled squeeze to let retail "get rich" before the .gov forces a resolution and a settlement.

    Keeps the status quo, and lets the little guy get a win without ever changing the system that's been fucking them since 1903
     
    not_nick, Nimble9 and 98tacoma27 like this.
  13. Mar 31, 2022 at 8:20 PM
    5nahalf

    5nahalf I build dumb things

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    Unrelated but webull didnt allow GME limit sales over $999 until last week, now you can do anything you want.
     
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  14. Mar 31, 2022 at 8:22 PM
    kairo

    kairo [OP] >_>

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    These people running walstreet, the fed, and the .gov are just as smart or dumb as you and I are. They're nothing other than what their money affords them to be. Born at the right time, right place, into the right family is all it is.

    These aren't geniuses running wall street. The geniuses built the algos and the infrastructure. The people running it are rich assholes with privilege.
     
    98tacoma27 likes this.
  15. Mar 31, 2022 at 8:22 PM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Wish I was XXXX but I'm too poor and am only low-to-mid XXX :(((((((((((((((((((
     
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  16. Mar 31, 2022 at 8:23 PM
    5nahalf

    5nahalf I build dumb things

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    I have 30 shares... hopefully soon to be 90 though!
     
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  17. Mar 31, 2022 at 8:25 PM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    210 bro, think big(TM)
     
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  18. Mar 31, 2022 at 8:26 PM
    5nahalf

    5nahalf I build dumb things

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    My problem was I kept buying at the peaks. My avg is still at 215
     
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  19. Mar 31, 2022 at 8:28 PM
    kairo

    kairo [OP] >_>

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    Mine's about $110 and I've bought a shitload of shares lower and a bunch higher. It's irrelevant. Anything sub $500 is a bargain
     
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  20. Mar 31, 2022 at 8:29 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
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    You’ll be just fine
     
    98tacoma27 likes this.

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