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7sins · 14 January 2021, 06:42 AM

Quote:

Originally Posted by logo

I would presume a combination of that, and the wallstreetbets/RH crowd flooding it in expectation of said short squeeze.

It is because GME announced adding Ryan Cohen (founder of CHWY) and two former colleagues to their board. Ryan is one of the largest shareholders and has been a huge activist to change their business plan to more digital sales. This caused the shares to rise which then caused a short squeeze as GME is one of the highest shorted stocks so shorts had to cover causing the price action you see today

asloper6001 · 14 January 2021, 08:52 AM

GME was nuts today. Will be interesting to see if it can go on a multiday runner. I put some puts in at 28 from 35ish range. Shall see, nothing major just got bored as usual.

logo · 14 January 2021, 08:53 AM

ARKX space ETF announced. I guess you would call this Cathie Woods' speculations on speculative stocks lol. Apart from MAXR (which I own), there are very few established space-focused companies to invest in, and most new ones are either SPACs or virgin galactic. That said, for those interested, GOOGL owns a little over 8% of SpaceX from their investment of $1 billion a few years ago.

https://www.cnbc.com/2021/01/13/cath...-etf-arkx.html

jaisonline · 14 January 2021, 11:03 AM

I really like Affirm and even used their 0% promos with 2 online retailers for watches.

However, their IPO performance was insane today. Even the IPO price was already high even before it was increased. It’s a crowded space.

Cheers to those who made money today in it.

jltait · 14 January 2021, 01:55 PM

Re GME my understanding was today’s rise was due to a gamma squeeze following some crazy options activity. Volatility is through the roof now given all the recent news for this stock. The short squeeze may be yet to happen.

hambone1983 · 14 January 2021, 02:08 PM

Quote:

Originally Posted by m j b

I read a great article about that in (I think) Bloomberg a few years ago. Sad (for the stockholders) that Twit hasn't done a good job of that. Yet.

Me, I was looking at Signal yesterday, which is a penny stock that went through the roof d/t a mistaken tweet by Elon Musk. I tried to short it but couldn't. Down big time today. Missed opportunity. SIGL, look at the chart. Went from 6 to 41 to 36, now 15.

Suckers go after these things. Suckers, lemmings and momentum players.

that's a non-marginable stock

mschafer · 14 January 2021, 02:10 PM

OK guys, I'm watching this thread for a while: BNTX, Biontech, partner of Pfizer in the Covid vax game, buy and hold, or trade on news?
Its a brilliant collection of people caught in the headlines, delivering every day. I made a good clip dealing in and out, my bud with some insight, says to accumulate.
The news are amazing, the future seems very promising. And they're great people, which I like, a lot...you're thoughts...

jaisonline · 14 January 2021, 10:49 PM

Do we have CHWY long investors?

I started researching the company. Glanced over the financial basics & visited the website. Then compared the web site to Amazon. Looked up 5 different products we have for our 5 year 60lb puppy.

I don’t get it. Amazon (including Subscribe & Save) had the same products for the same cost if not cheaper cheaper. I didn’t compare against Petsmart, Walmart, or Target.

Am I wrong to look at Chewy as another single niche retail company without physical stores that will ultimately struggle if acquired or do well enough to be acquired. I keep thinking Zappos, Diapers.com, CD-NOW, etc...

What are your thoughts?

jltait · 14 January 2021, 11:00 PM

Quote:

Originally Posted by jltait

Re GME my understanding was today’s rise was due to a gamma squeeze following some crazy options activity. Volatility is through the roof now given all the recent news for this stock. The short squeeze may be yet to happen.

Up another 20% pre market.

beshannon · 15 January 2021, 12:05 AM

Quote:

Originally Posted by jltait

Up another 20% pre market.

https://seekingalpha.com/news/365140...volatility-day

This is no different than people chasing HTZ

Zombie companies with high volatility that will burn people sooner or later.

JParm · 15 January 2021, 12:11 AM

Quote:

Originally Posted by beshannon

https://seekingalpha.com/news/365140...volatility-day

This is no different than people chasing HTZ

Zombie companies with high volatility that will burn people sooner or later.

Seeing A LOT of this in the market today - just take a look at the movement on Signal in the last few days. It is insane.

Keeping my eyes steady and away from speculation; added a bit to MELI and PINS pre-market.

huncho · 15 January 2021, 12:18 AM

Quote:

Originally Posted by jpeezy14@hotmail.com

Seeing A LOT of this in the market today - just take a look at the movement on Signal in the last few days. It is insane.

Keeping my eyes steady and away from speculation; added a bit to MELI and PINS pre-market.

agreed, it's a casino now

AshCashEmAll · 15 January 2021, 12:44 AM

I would like to buy POSH. Says it ipos today but I can’t figure out how to buy it. Anyone got any idea ?

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beshannon · 15 January 2021, 12:57 AM

Quote:

Originally Posted by AshCashEmAll

I would like to buy POSH. Says it ipos today but I can’t figure out how to buy it. Anyone got any idea ?

Sent from my iPhone using Tapatalk

If your broker did not get you an allocation already you will have to wait for it to hit the secondary market.

jaisonline · 15 January 2021, 12:59 AM

Quote:

Originally Posted by huncho

agreed, it's a casino now

Full blown casino without using basic strategy (as in Black Jack).
This is why I quietly chuckle when people state retail investing does not move the market even a little. Granted, institutional investing is the VAST majority but it's been reported that retail investing usually make up est. 10% of trading in a given year. It's over 20% since April 2020.

AshCashEmAll · 15 January 2021, 01:04 AM

Quote:

Originally Posted by beshannon

If your broker did not get you an allocation already you will have to wait for it to hit the secondary market.

Darn it... thanks for the info I just assumed I would be able to buy it on Ameritrade .

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jaisonline · 15 January 2021, 01:07 AM

Quote:

Originally Posted by AshCashEmAll

Darn it... thanks for the info I just assumed I would be able to buy it on Ameritrade .

Sent from my iPhone using Tapatalk

With Ameritrade you need to meet requirements. Then register / apply for each interested IPO and pray you get picked.

https://www.tdameritrade.com/investm...ucts/IPOs.page

hambone1983 · 15 January 2021, 01:14 AM

Quote:

Originally Posted by AshCashEmAll

Darn it... thanks for the info I just assumed I would be able to buy it on Ameritrade .

Sent from my iPhone using Tapatalk

online brokers like ameritrade, schwab, etrade, fidelity don't do any investment banking. They only have very limited access to IPO shares thru 3rd parties and it is restricted to qualified investors

logo · 15 January 2021, 01:21 AM

Space stocks flying (or rocketing I guess?). I think this is a bit overblown on the ARKX news.

Cathie Wood. To be honest I am not crazy about her ETFs. ARKK returned 4% over two years Jan 2018-Jan 2020. ARKK returned 100% Jan 2014-Jan 2020, while AAPL for example returned 400% during that same period. However in 2020 ARKK has returned >350%, mostly because of TSLA.

Now I’ve not done anywhere near the DD that she has, and I’m not saying to not buy the ETF, but evidently not all that she buys is gold given her historical return. I do think she’s gotten a lot of street credit in 2020 for TSLA, but most of her buys to me seem to be stocks that trade a lot on speculation rather than fundamentals, which to me is a risk for what is supposed to be a safer investment (ie an ETF).

jaisonline · 15 January 2021, 01:38 AM

Quote:

Originally Posted by logo

Space stocks flying (or rocketing I guess?). I think this is a bit overblown on the ARKX news.

Cathie Wood. To be honest I am not crazy about her ETFs. ARKK returned 4% over two years Jan 2018-Jan 2020. ARKK returned 100% Jan 2014-Jan 2020, while AAPL for example returned 400% during that same period. However in 2020 ARKK has returned >350%, mostly because of TSLA.

Now I’ve not done anywhere near the DD that she has, and I’m not saying to not buy the ETF, but evidently not all that she buys is gold given her historical return. I do think she’s gotten a lot of street credit in 2020 for TSLA, but most of her buys to me seem to be stocks that trade a lot on speculation rather than fundamentals, which to me is a risk for what is supposed to be a safer investment (ie an ETF).

Most disruptive positions seem purely speculative & may take years to succeed or fail. Have to give Ark ample credit for Tesla (never bailed) but can they do it repeatedly even in trying times.

Like that old saying, “it’s harder saying in the major leagues getting there”.

logo · 15 January 2021, 01:42 AM

Quote:

Originally Posted by jaisonline

Most disruptive positions seem purely speculative & may take years to succeed or fail. Have to give Ark ample credit for Tesla (never bailed) but can they do it repeatedly even in trying times.

Like that old saying, “it’s harder saying in the major leagues getting there”.

Absolutely, I agree.

RyanO · 15 January 2021, 01:53 AM

Why hello there Aphria.

Another fine call by Jpeezy

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JParm · 15 January 2021, 01:57 AM

Quote:

Originally Posted by RyanO

Why hello there Aphria.

Another fine call by Jpeezy

Sent from my iPhone using Tapatalk

Glad to see you stayed it in Ryan!

Sometimes I have to heed my own advice and stand pat; I sold out a few months back and took profit. Blue wave should benefit it even more.

huncho · 15 January 2021, 02:23 AM

blackberry seems to have some action again after looking hopeless for a bit

RyanO · 15 January 2021, 03:26 AM

Megacap tech really struggling to catch a bid today.

Fb down again.

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logo · 15 January 2021, 03:51 AM

Quote:

Originally Posted by RyanO

Megacap tech really struggling to catch a bid today.

Fb down again.

Sent from my iPhone using Tapatalk

Mega cap tech struggling for 6 months. Nearing my wits end haha.

RyanO · 15 January 2021, 04:09 AM

Quote:

Originally Posted by logo

Mega cap tech struggling for 6 months. Nearing my wits end haha.

Haha yes unfortunately you’re absolutely right.

Added to my FB position.

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JWD531 · 15 January 2021, 04:15 AM

Quote:

Originally Posted by jpeezy14@hotmail.com

Glad to see you stayed it in Ryan!

Sometimes I have to heed my own advice and stand pat; I sold out a few months back and took profit. Blue wave should benefit it even more.

Similar with GRWG. I got in after the election and took most profits this week. Have only a small position remaining.

Sent from my iPhone using Tapatalk

htrap2294 · 15 January 2021, 05:12 AM

Bought a 5% position into a company called DynaTrace (stock ticker DT). The balance sheet looks great from what I can see. What do you think @jpeezy14?

bimmer nerd · 15 January 2021, 05:29 AM

What's everyones thoughts on Biden's speech tonight?

Priced in or will the markets jump on Stimulus plans?

14 January 2021, 10:49 PM	#6158
jaisonline 2024 SubLV41 Pledge Member Join Date: Apr 2015 Location: USA Watch: 5 digit models Posts: 1,516	Talking Stocks 2.0 Do we have CHWY long investors? I started researching the company. Glanced over the financial basics & visited the website. Then compared the web site to Amazon. Looked up 5 different products we have for our 5 year 60lb puppy. I don’t get it. Amazon (including Subscribe & Save) had the same products for the same cost if not cheaper cheaper. I didn’t compare against Petsmart, Walmart, or Target. Am I wrong to look at Chewy as another single niche retail company without physical stores that will ultimately struggle if acquired or do well enough to be acquired. I keep thinking Zappos, Diapers.com, CD-NOW, etc... What are your thoughts?

14 January 2021, 08:52 AM	#6152
asloper6001 2024 Pledge Member Join Date: Jul 2017 Location: West Coast Posts: 1,363	GME was nuts today. Will be interesting to see if it can go on a multiday runner. I put some puts in at 28 from 35ish range. Shall see, nothing major just got bored as usual.

14 January 2021, 08:53 AM	#6153
logo "TRF" Member Join Date: Jan 2019 Location: North America Posts: 2,368	ARKX space ETF announced. I guess you would call this Cathie Woods' speculations on speculative stocks lol. Apart from MAXR (which I own), there are very few established space-focused companies to invest in, and most new ones are either SPACs or virgin galactic. That said, for those interested, GOOGL owns a little over 8% of SpaceX from their investment of $1 billion a few years ago. https://www.cnbc.com/2021/01/13/cath...-etf-arkx.html

14 January 2021, 11:03 AM	#6154
jaisonline 2024 SubLV41 Pledge Member Join Date: Apr 2015 Location: USA Watch: 5 digit models Posts: 1,516	I really like Affirm and even used their 0% promos with 2 online retailers for watches. However, their IPO performance was insane today. Even the IPO price was already high even before it was increased. It’s a crowded space. Cheers to those who made money today in it.

14 January 2021, 01:55 PM	#6155
jltait "TRF" Member Join Date: May 2018 Real Name: Jared Location: Westchestah Watch: 116200 Posts: 814	Re GME my understanding was today’s rise was due to a gamma squeeze following some crazy options activity. Volatility is through the roof now given all the recent news for this stock. The short squeeze may be yet to happen.

14 January 2021, 02:10 PM	#6157
mschafer "TRF" Member Join Date: Nov 2009 Location: New York Posts: 977	OK guys, I'm watching this thread for a while: BNTX, Biontech, partner of Pfizer in the Covid vax game, buy and hold, or trade on news? Its a brilliant collection of people caught in the headlines, delivering every day. I made a good clip dealing in and out, my bud with some insight, says to accumulate. The news are amazing, the future seems very promising. And they're great people, which I like, a lot...you're thoughts...

15 January 2021, 12:44 AM	#6163
AshCashEmAll 2024 Pledge Member Join Date: May 2019 Location: California Watch: 114060 Posts: 442	I would like to buy POSH. Says it ipos today but I can’t figure out how to buy it. Anyone got any idea ? Sent from my iPhone using Tapatalk

15 January 2021, 01:21 AM	#6169
logo "TRF" Member Join Date: Jan 2019 Location: North America Posts: 2,368	Space stocks flying (or rocketing I guess?). I think this is a bit overblown on the ARKX news. Cathie Wood. To be honest I am not crazy about her ETFs. ARKK returned 4% over two years Jan 2018-Jan 2020. ARKK returned 100% Jan 2014-Jan 2020, while AAPL for example returned 400% during that same period. However in 2020 ARKK has returned >350%, mostly because of TSLA. Now I’ve not done anywhere near the DD that she has, and I’m not saying to not buy the ETF, but evidently not all that she buys is gold given her historical return. I do think she’s gotten a lot of street credit in 2020 for TSLA, but most of her buys to me seem to be stocks that trade a lot on speculation rather than fundamentals, which to me is a risk for what is supposed to be a safer investment (ie an ETF).

15 January 2021, 01:53 AM	#6172
RyanO "TRF" Member Join Date: Feb 2013 Real Name: Ryan Location: DMV Watch: LVc Posts: 2,162	Why hello there Aphria. Another fine call by Jpeezy Sent from my iPhone using Tapatalk

15 January 2021, 02:23 AM	#6174
huncho 2025 Pledge Member Join Date: Oct 2017 Location: nyc Posts: 6,785	blackberry seems to have some action again after looking hopeless for a bit

15 January 2021, 03:26 AM	#6175
RyanO "TRF" Member Join Date: Feb 2013 Real Name: Ryan Location: DMV Watch: LVc Posts: 2,162	Megacap tech really struggling to catch a bid today. Fb down again. Sent from my iPhone using Tapatalk

15 January 2021, 05:12 AM	#6179
htrap2294 "TRF" Member Join Date: Sep 2017 Real Name: Parth Location: Los Angeles & SD Watch: 16613LB Posts: 579	Bought a 5% position into a company called DynaTrace (stock ticker DT). The balance sheet looks great from what I can see. What do you think @jpeezy14?

15 January 2021, 05:29 AM	#6180
bimmer nerd "TRF" Member Join Date: Sep 2019 Location: Los Angeles Watch: 126710 BLNR Posts: 75	What's everyones thoughts on Biden's speech tonight? Priced in or will the markets jump on Stimulus plans?

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