Stocks - The Best Buys 2 - Page 117 - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

DeluxeMoustache · 02-02-2021, 08:44 AM

Might want to ask yourself if there is a ‘ride’ left for GME, or if this event was a one and done, the squeeze is over, and it moves to trading more based on fundamental valuation

Which still leaves a lot of downside

No reason to be surprised at all if it moves quickly from 88 to 11.

And I mean dollars, not Mangiapane to Backlund

Slava · 02-02-2021, 08:44 AM

I don't really understand why people would just sit back and watch their positions get crushed without taking some action. I couldn't do that.

Acey · 02-02-2021, 08:47 AM

Because memes, I guess? People are posting pictures on WSB where it's like -$18,145 on $GME and they're like "diamond HANDS HODL BOYZZZ" and at what point is this just memes or are these cats actually losing 20 grand.

J pold · 02-02-2021, 08:47 AM

Quote:

Originally Posted by Slava

I don't really understand why people would just sit back and watch their positions get crushed without taking some action. I couldn't do that.

What would your suggestion be?

Table 5 · 02-02-2021, 08:54 AM

AMC down 50% to the $6s today.

If it drops to $4, I'm tempted to buy again.

Roughneck · 02-02-2021, 08:56 AM

Quote:

Originally Posted by DeluxeMoustache

Might want to ask yourself if there is a ‘ride’ left for GME

Double-black diamonds and those slides that go straight down are types of rides.

burn_this_city · 02-02-2021, 08:58 AM

Quote:

Originally Posted by Slava

I don't really understand why people would just sit back and watch their positions get crushed without taking some action. I couldn't do that.

This is why you don't have a yacht.

agulati · 02-02-2021, 09:00 AM

When I say a few shares of GME, I’m literally talking about a couple.

When I picked up AMC, it was more of a mid term/long term hold. Yes I should have probably sold it at it’s high last week though, but at this point, I see more potential upside in the mid/long term. I might be very wrong though.

Krovikan · 02-02-2021, 09:01 AM

Quote:

Originally Posted by Flaming Homer

If the merge was approved what would be the reason for the AMCI dip today?

The retail investors on WSB are realizing today that if you fight entities with billions of dollars with thousands of dollars they will win the long game. This is the story today; WSB has generally taken the spotlight off a lot of PR, and right now they need PR.

I wouldn't be shocked if AMCI management doesn't do much PR until the ticker change, and hopefully, they can get through the WSB noise.

Slava · 02-02-2021, 09:01 AM

Quote:

Originally Posted by J pold

What would your suggestion be?

Well I can't give you advice here, of course, but I'd cut my losses personally. Different people have different thoughts I guess, but I don't have it in me to watch a position melt down and not sell.

Who knows. I obviously didn't expect that the run would've taken in the first place, so I guess they could return to last weeks glory.

Slava · 02-02-2021, 09:03 AM

Quote:

Originally Posted by burn_this_city

This is why you don't have a yacht.

It's probably not the only reason though!

agulati · 02-02-2021, 09:06 AM

Quote:

Originally Posted by Slava

It's probably not the only reason though!

It’s all about saving up for a super yacht. We understand, Slava, and we support you.

Krovikan · 02-02-2021, 09:06 AM

Quote:

Originally Posted by Slava

I don't really understand why people would just sit back and watch their positions get crushed without taking some action. I couldn't do that.

I've been caught on investments I thought would go up again, you make the wrong decision on the way down. Then your losses are so great, you figure it's not worth selling, it'll go back up eventually. Though with GME, hopefully, it doesn't.

Roughneck · 02-02-2021, 09:06 AM

It touched triple digits, it's a runaway train, no stopping until the moon!

Trains can go to the moon, right?

Senator Clay Davis · 02-02-2021, 09:15 AM

Robinhood just increased limits to 100 shares, dead cat bounce incoming!

Table 5 · 02-02-2021, 09:15 AM

Quote:

Originally Posted by Slava

Well I can't give you advice here, of course, but I'd cut my losses personally. Different people have different thoughts I guess, but I don't have it in me to watch a position melt down and not sell.

It's definitely easier to sit when you have conviction in a company. I don't think GME is one of those companies for most people.

Acey · 02-02-2021, 09:21 AM

GME just made back 60% in like a half hour then got halted. This is just fun to watch.

starseed · 02-02-2021, 09:22 AM

Quote:

Originally Posted by Acey

GME just made back 60% in like a half hour then got halted. This is just fun to watch.

Also painful. If I had bought in at 80$ I wouldn't have a mortgage right now >.<

Roughneck · 02-02-2021, 09:23 AM

LOL, Mark Cuban did an AMA on WSB and had this doozie

If you can afford to hold the stock, you hold. I dont own it, but thats what i would do.

I mean, c'mon Mark. What the hell is that about? Are you saying you, a billionaire, can't afford to hold the stock? Couldn't even buy a share or 10 or 100 just to show how much you support 'the little guys changing the game'?

But the guy wanted an ego boost and it looks like he got it.

Slava · 02-02-2021, 09:27 AM

Quote:

Originally Posted by Roughneck

LOL, Mark Cuban did an AMA on WSB and had this doozie

If you can afford to hold the stock, you hold. I dont own it, but thats what i would do.

I mean, c'mon Mark. What the hell is that about? Are you saying you, a billionaire, can't afford to hold the stock? Couldn't even buy a share or 10 or 100 just to show how much you support 'the little guys changing the game'?

But the guy wanted an ego boost and it looks like he got it.

There has ben more than one billionaire encouraging people to put money in and hold, and at the same time they're not putting their money at risk. For all we know, they're taking the other side entirely.