Investing questions

tussin

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What's the theory?

GME
AMC
BB
NOK

The $BB and $NOK plays make no sense and there's evidence that they are being promoted by bots trying to push people off $GME.

$AMC is fine I guess for a short-term momentum play but I don't think the actual bull case is there to trigger a squeeze anywhere near the magnitude of what we have with GameStop.
 

GATTACA!

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The $BB and $NOK plays make no sense and there's evidence that they are being promoted by bots trying to push people off $GME.

$AMC is fine I guess for a short-term momentum play but I don't think the actual bull case is there to trigger a squeeze anywhere near the magnitude of what we have with GameStop.

BB is the second highest shorted stock and had legit buzz before all this GME stuff really broke out because they announced a contract with Amazon.
 

TheRealLynch51

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All this stuff with these shorted stocks in recent days makes me happy than I'm an "access employee" and can only really index (without jumping through hoops.) Enjoy the ride gents!! I'm sitting on the sideline and enjoying the entertainment aspect of this all. Not going to cry that some hedge fund managers are getting serviced.
 

Ndaccountant

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Can someone post the next GameStop? Asking for a friend.

With all the Executive Orders that have been signed and the threat of more climate friendly policy, people have been shorting some of the energy firms and the industrials that rely on and utilize the unfriendly raw materials. Anacott steel has been battered, but is grossly undervalued. My buddy, let's call him Blue Horseshoe, loves Anacott on the short squeeze. It's going to $50 before the call options really surge. Get in now before it's too late.
 

GATTACA!

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With all the Executive Orders that have been signed and the threat of more climate friendly policy, people have been shorting some of the energy firms and the industrials that rely on and utilize the unfriendly raw materials. Anacott steel has been battered, but is grossly undervalued. My buddy, let's call him Blue Horseshoe, loves Anacott on the short squeeze. It's going to $50 before the call options really surge. Get in now before it's too late.

Buy 10,000 shares of that dogshit stock and call me in the morning
 

tussin

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With all the Executive Orders that have been signed and the threat of more climate friendly policy, people have been shorting some of the energy firms and the industrials that rely on and utilize the unfriendly raw materials. Anacott steel has been battered, but is grossly undervalued. My buddy, let's call him Blue Horseshoe, loves Anacott on the short squeeze. It's going to $50 before the call options really surge. Get in now before it's too late.

I may be a complete moron but I do actually like steel stocks as a play in 2021. Steel prices are soaring to all time highs. Housing is booming. Surging car demand. Biden infrastructure bill? Stocks battered down from global corona concerns. Sign me up and call me Bud.
 

Ndaccountant

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I may be a complete moron but I do actually like steel stocks as a play in 2021. Steel prices are soaring to all time highs. Housing is booming. Surging car demand. Biden infrastructure bill? Stocks battered down from global corona concerns. Sign me up and call me Bud.

Steel prices are recognizing the significant forecasted economic growth to occur in China this year. It's certainly impacting the global supply chain. The movement of the CNY is also helping bolster prices. One of the big concerns will be what happens with Covid over China New Year. If they keep a lid on it, many of the industrials or raw materials that are linked to China will have a good year IMO.
 

Wild Bill

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I may be a complete moron but I do actually like steel stocks as a play in 2021. Steel prices are soaring to all time highs. Housing is booming. Surging car demand. Biden infrastructure bill? Stocks battered down from global corona concerns. Sign me up and call me Bud.

Nucor is a well run company and you're right, steel prices are sky high. Price doesn't move much. I've been buying at 50s and selling at 60s for years. 3% yield too. Not a bad long term stock to hold.
 

DCDomer

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Robinhood just stopped offering AMC, NOK and others. How is that legal?

These people truly deserve to get burned to the ground. Occupy Wall Street would have wet dreams about this moment.
 

StPaul_Irish

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Robinhood just stopped offering AMC, NOK and others. How is that legal?

These people truly deserve to get burned to the ground. Occupy Wall Street would have wet dreams about this moment.


I think the Wall Street Bets guys really did a number. I have NOK, but can only sell it. Not sure how they are able to do that. I guess if there is some strange amount of volume they can shut it down, but I am not sure of the parameters
 

Cackalacky2.0

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Nucor is a well run company and you're right, steel prices are sky high. Price doesn't move much. I've been buying at 50s and selling at 60s for years. 3% yield too. Not a bad long term stock to hold.

My brother in law works for one of their higher producing plants and internally they are struggling having to reshuffle and retool in numerous plants. Numbers look good on paper but he says the tariffs and buy American stuff is straining the company locally, but globally the higher up seems to be juggling it well.
 

SoIll

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Robinhood just stopped offering AMC, NOK and others. How is that legal?

These people truly deserve to get burned to the ground. Occupy Wall Street would have wet dreams about this moment.

Naked was the next big one coming. Stopped offering that one as well. This is total bullshit.. Good luck with that IPO robinhood.
 

DCDomer

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Naked was the next big one coming. Stopped offering that one as well. This is total bullshit.. Good luck with that IPO robinhood.


Robinhood is dead, and whoever made that call should be in cuffs by lunchtime.
 

notredomer23

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NOK and NAKD for the poors.

tenor.gif
 

NEIIrish

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Played AMC yesterday pretty well. Missed entry this morning but will holout for a dip.



GAINZ!!!!!!!
 

Ndaccountant

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Robinhood just stopped offering AMC, NOK and others. How is that legal?

These people truly deserve to get burned to the ground. Occupy Wall Street would have wet dreams about this moment.

“I think people are seeing now that [retail investors] now have the ability to invest and they’re empowered,” Tenev said.

That was from yesterday. Lol.

I understand the reasons why they would be going that and why people were now charging extreme juice on margins. But the optics on this are just horrible for them.
 

Wild Bill

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What law did they break?

Maybe none. Maybe many.

I'd bet my last dollar there will be no criminal investigation on behalf of their customers or in the interest of justice. I think that's the part that doesn't sit well with people. It'll only be investigated if it's in the interest of big money.

Maybe we can file a civil suit and unintentionally expose criminality. All we need is a big pile of cash to depose billionaires and litigate against their army of attorneys so I'm sure that'll work out.

The silver lining here is that many on the right have realized that these money changers aren't good for our society, and if you combine that with the fanaticism on the left, maybe it leads to something.
 

GATTACA!

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Imagine being so powerful you can short a stock into oblivion and then literally stop anyone from buying it.
 

Meatloaf

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Just another stark reminder of Carlin's "It's a big club and you ain't in it" bit.

The true divide in this country isn't left and right, it's up and down.
 
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