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Still think TITNC3: Return of the Iceberg was peak

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

  1. Jan 29, 2021 at 9:45 AM
    #4221
    RedWings44

    RedWings44 Well-Known Member

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    I feel like it'll keep dipping today, but I'll keep an eye on it
     
  2. Jan 29, 2021 at 9:46 AM
    #4222
    kairo

    kairo [OP] >_>

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    hedge funds selling their stakes in S&P companies to shore up cash to pay us on the GME squeeze. Bullish
     
  3. Jan 29, 2021 at 9:48 AM
    #4223
    jandrews

    jandrews Hootin' and Hollerin'

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    This happened on Wednesday too - the entire market took that downturn because bigass hedge funds had to greatly increase liquidity rapidly and had to let go of holdings.

    That this whole thing is tremoring the whole market is wild.
     
  4. Jan 29, 2021 at 9:49 AM
    #4224
    gpb

    gpb Well-Known Member

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    Here they go pushing down....
     
  5. Jan 29, 2021 at 9:50 AM
    #4225
    jandrews

    jandrews Hootin' and Hollerin'

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    GME in a slow melt with volumes between 50 and 150k. This is hilarious. Something is going to happen at some point and no one wants to light the fuse.
     
  6. Jan 29, 2021 at 9:52 AM
    #4226
    chetterthecat

    chetterthecat Well-Known Member

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    id be happy to
     
  7. Jan 29, 2021 at 9:52 AM
    #4227
    gpb

    gpb Well-Known Member

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    trying to sneak a box of sweaty dynamite down the hill...
     
    jandrews[QUOTED] and Nimble9 like this.
  8. Jan 29, 2021 at 9:52 AM
    #4228
    pnw.river.junkie

    pnw.river.junkie Well-Known Member

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    They can't... buying pressure is suppressed by the brokerages.
     
  9. Jan 29, 2021 at 9:53 AM
    #4229
    slcsez2000

    slcsez2000 Well-Known Member

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    Market is tanking

    anyone grabbing other good value stocks on sale?
     
  10. Jan 29, 2021 at 9:54 AM
    #4230
    gpb

    gpb Well-Known Member

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    Only some brokerages such as RH. Fidelity and Schwab seem to be just fine, though they're not letting you borrow money to buy on margin but buying with available cash works.
     
    Gunshot-6A likes this.
  11. Jan 29, 2021 at 9:55 AM
    #4231
    snozberries

    snozberries is forever trying to find a campsite

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    They're probably doing what they did before - back and forth buy/sell short trading. Volume is still pretty low.
     
    Gunshot-6A likes this.
  12. Jan 29, 2021 at 9:55 AM
    #4232
    slcsez2000

    slcsez2000 Well-Known Member

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    My buddy just said the same
    He owns a ton of it for years

    I keep telling myself it’s too $$$ value wise but what do i know

    said that about Amazon for 10 years and it has blown up
     
    RedWings44[QUOTED] likes this.
  13. Jan 29, 2021 at 9:56 AM
    #4233
    jandrews

    jandrews Hootin' and Hollerin'

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    Only for retail, and no offense to any of us, but this turns on the whales. There are plenty of bigass funds out there that benefit from this short squeeze as much as retail longs. That's who is really pushing up aside from the tiny percentage us plebs contribute to the process.

    Retail sitting on multiple weeks worth of buying? That is more meaningful than anything we're doing actively during a single trading day.
     
    Gunshot-6A likes this.
  14. Jan 29, 2021 at 9:57 AM
    #4234
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Set a $-3 on 1/26 and GTFO at $78.25 with profit.
     
  15. Jan 29, 2021 at 9:57 AM
    #4235
    TacooSaucee

    TacooSaucee Well-Known Member

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    Weird.... NOK, AMC, GE ,V, BLNK, RKT, APPL even SPY and QQQ all took a small dive at the same time
     
  16. Jan 29, 2021 at 9:58 AM
    #4236
    theredofshaw

    theredofshaw Well-Known Member

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    I have a whopping $3 of buying power at the moment :facepalm: but got into some stuff on sale today at least.
     
  17. Jan 29, 2021 at 10:01 AM
    #4237
    theredofshaw

    theredofshaw Well-Known Member

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    I only have one thing green for the day in our non-fun money account.
     
    98tacoma27 likes this.
  18. Jan 29, 2021 at 10:02 AM
    #4238
    jandrews

    jandrews Hootin' and Hollerin'

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    Same. Gold is minorly green today.

    Everything else diving.

    Happens sometimes.
     
    kairo[OP] likes this.
  19. Jan 29, 2021 at 10:04 AM
    #4239
    theredofshaw

    theredofshaw Well-Known Member

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    surprisingly it’s an energy stock (Dominion).
     
    Gunshot-6A likes this.
  20. Jan 29, 2021 at 10:07 AM
    #4240
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    I have orders in for march...Still waiting...
     

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