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Still think TITNC3: Return of the Iceberg was peak

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

  1. Feb 1, 2021 at 12:57 PM
    #5401
    jandrews

    jandrews Hootin' and Hollerin'

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    Also:

    Where the hell is Elon Musk? He's got enough money to blow the top off this thing by himself by pouring a few billion in over the course of a couple days and while I know he's not foolish with his money, he does have a blood-feud level hate for the short sellers after they tried to fuck Tesla. This would be the perfect opportunity not just to kick them in the nuts but set their nuts on fire and kick them off into the mouth of a nearby alligator on meth.
     
  2. Feb 1, 2021 at 12:57 PM
    #5402
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Order in for $220...sort of hope it doesn’t fill.
     
    Nimble9 likes this.
  3. Feb 1, 2021 at 12:58 PM
    #5403
    Nimble9

    Nimble9 visit squareonecreations.com Vendor

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    enough to have fun
    I'm stoked to have gotten in for my limit right at the end of the day.


    It'll go up past 220 in the off hours
     
  4. Feb 1, 2021 at 12:58 PM
    #5404
    Rock Lobster

    Rock Lobster Thread Derailer

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    According to today's email Ally suspended buying GME and AMC for four hours on Thursday, then let it go back to unlimited buys after that.
     
    TreeFortRichard likes this.
  5. Feb 1, 2021 at 12:58 PM
    #5405
    deadpocketss

    deadpocketss Dingus

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    If he's going to do anything at all, I imagine he might wait until interest starts to decline like you said. Re-rally the troops kinda thing.
     
    not_nick likes this.
  6. Feb 1, 2021 at 12:59 PM
    #5406
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    Exactly. Nothing holds attentions spans any more. Always the next, best thing. I have a feeling that the weekends put a dampening on this sort of situation. Keeping the interest up is going to be really hard to do if they drag this over the next 7, 10, 14 days.
     
  7. Feb 1, 2021 at 1:05 PM
    #5407
    meats

    meats superwhite MT taco meats

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    Lots--
    Wild Ass 2021 so far
     
  8. Feb 1, 2021 at 1:06 PM
    #5408
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    https://finance.yahoo.com/news/exclusive-robinhood-explores-raising-more-194505129.html

    (Reuters) - Robinhood, the U.S. online broker that has emerged as a gateway for amateur traders challenging Wall Street hedge funds, has held talks with banks about raising $1 billion in debt so it can continue to fulfill orders for heavily shorted stocks, according to people familiar with the matter.

    The capital raised would be separate from the $3.4 billion in financing that Robinhood announced on Monday it had secured from its investors since Jan. 29. It reflects the financial pressure that last week's Reddit-fueled frenzy in shares such as GameStop Corp placed on the company, prompting it to restrict some trades.

    Robinhood needs the money to backstop trades that its customers place, because its clearinghouse has asked for more collateral due to heightened volatility. Robinhood CEO Vlad Tenev said on Sunday that the trading app decided to place curbs on some transactions because the clearinghouse had asked for $3 billion in collateral.

    Robinhood started negotiations with banks about expanding its lines of credit or arranging a new one after it drained its revolving debt facility during last week's frenetic trading, one of the sources said. It is not clear how much debt Robinhood will be able to secure.

    The sources requested anonymity because the matter is confidential. Robinhood declined to comment.

    Robinhood, which has become popular with young investors for its easy-to-use interface, is at the heart of a mania that kicked off last week following calls by Reddit thread WallStreetBets to trade certain stocks that were being heavily shorted by hedge funds.

    The online brokerage faced criticism from some of its users for placing restrictions on transactions. Its woes have raised doubt over whether its plans to launch an initial public offering by April will stay on track.

    The Menlo Park, California-based company was founded in 2013 by Baiju Bhatt and Tenev, aiming to democratize finance. Its platform allows users to make unlimited commission-free trades in stocks, exchange-traded funds, options and cryptocurrencies.

    Robinhood said on Monday that its latest equity financing was led by Ribbit Capital, with participation from existing investors including ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures and NEA.

    (Reporting by Sumeet Chatterjee in Hong Kong, Anirban Sen in Bengaluru and David French in New York; Editing by Lisa Shumaker)
     
  9. Feb 1, 2021 at 1:08 PM
    #5409
    2008taco

    2008taco Well-Known Member

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    I honestly hate this mentality. My tv told me elon musk is the richest man in the world so he must have stacks and stacks of cash. The reality is he might not have anywhere near the cash you think. Most of his worth is in stocks, and equipment. That machine that puts hoods on cars and cost 10,000,000. Yeah that adds to his worth, but unless he sells it, its worthless. Most of his fluid assets are most likely reinvested in Boca Chica.
     
    Gunshot-6A and TreeFortRichard like this.
  10. Feb 1, 2021 at 1:10 PM
    #5410
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    The amount of big money piling behind this to PREVENT having to take fiscal responsibility for their actions it is astonishing...
    They clearly are colluding...
    But hey, They pay the speaking fees...soo....
     
    not_nick and 98tacoma27 like this.
  11. Feb 1, 2021 at 1:11 PM
    #5411
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Silent partner?
    https://www.bocachicarestaurant.com/

    ;)
     
    2008taco[QUOTED] likes this.
  12. Feb 1, 2021 at 1:13 PM
    #5412
    2008taco

    2008taco Well-Known Member

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    I'm sure he has a few. I'm also sure he is not going to lead the charge here. Last time he you're with the market on social media they took his company from him.
     
  13. Feb 1, 2021 at 1:21 PM
    #5413
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    He was under heavy fire this weekend..
    The "unfair hiring practices" for...only...hiring...U.S...citizens?
    and of course his violation of FAA rules..
    https://www.theverge.com/2021/1/29/...xplosive-starship-faa-investigation-elon-musk

    Completely unrelated to his taking on big money...

    NO FURTHER COMMENTARY NEEDED
     
    2008taco[QUOTED] likes this.
  14. Feb 1, 2021 at 1:21 PM
    #5414
    slcsez2000

    slcsez2000 Well-Known Member

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    I sold mine today at $0.98 or something
    Was actually looking at puts to catch it on the way back down but didn’t pull the trigger.
     
    Rock Lobster[QUOTED] likes this.
  15. Feb 1, 2021 at 1:23 PM
    #5415
    Rock Lobster

    Rock Lobster Thread Derailer

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    I chickened out and sold it at 1.17. I bought it at .88 so at least it wasnt a loss.:D
     
    slcsez2000[QUOTED] likes this.
  16. Feb 1, 2021 at 1:23 PM
    #5416
    RedWings44

    RedWings44 Well-Known Member

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  17. Feb 1, 2021 at 1:26 PM
    #5417
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    ANYONE Buy any? I picked up 10 $2 calls that day...Going pretty sweet...
    [​IMG]
     
    Nimble9 likes this.
  18. Feb 1, 2021 at 1:28 PM
    #5418
    jandrews

    jandrews Hootin' and Hollerin'

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    Ok, how much cash do I think he has?

    You need to calm down. You're making a lot of (erroneous) assumptions about me.

    No, the world's ultra wealthy do not have piles of currency sitting around because either they are not idiots or they hire money managers that are not idiots. Inflation is a thing.

    And no, Elon doesn't want to liquidate 5 billion worth of Tesla to go in on a fucking meme stock because share price would be affected plus in his position he's subject to scheduling and reporting requirements on stock sales.

    No, if he wants to fuck with this he does it the same way every other whale operates: Get a few billion line of credit against assets from whatever bank is begging to give him a blow job this week, fund a couple on-paper-only rando-nonymous investment entities based in the Caymans and then start fucking with GME shares.

    All I wanted to do was make a balls-and-alligator joke and you had to ruin it by taking it all serious. Boo.
     
    TreeFortRichard likes this.
  19. Feb 1, 2021 at 1:33 PM
    #5419
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    Koss took a blow today to $35
     
  20. Feb 1, 2021 at 1:35 PM
    #5420
    saundern

    saundern Swerve for nothing

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    He’s pissed the FAA shut down the newest rocket launches
     

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