OS stock investing thread

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  • georgiafan
    Hall Of Fame
    • Jul 2002
    • 11101

    #181
    Re: OS stock investing thread

    Originally posted by cima
    From what I read it basically sounds like a guy with millions in GME stock on reddit convinced a bunch of people to get in on it because he noticed a hedge fund company had taken massive amounts of short trades against GME and it basically bankrupted the hedge fund, they lost more than the 13.1 BILLION they were worth.


    ****ing crazy if true.


    Yea that seems to be what I’ve seen as well


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    • PVarck31
      Moderator
      • Jan 2003
      • 16869

      #182
      Re: OS stock investing thread

      Originally posted by Fresh Tendrils
      Eat the rich.
      Take one bite now, come back for more.

      Comment

      • cima
        Hall Of Fame
        • Sep 2004
        • 13478

        #183
        Re: OS stock investing thread

        Originally posted by Speedy
        You have a link cima? I'd love to read thru it...that's crazy if true.

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        • georgiafan
          Hall Of Fame
          • Jul 2002
          • 11101

          #184
          Re: OS stock investing thread

          Might be a good day to buy AAPL and MSFT they are down a few % today
          Retro Redemption - Starting over with a oldschool PowerBone Offense

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          • KmK
            Pro
            • Jul 2003
            • 585

            #185
            Re: OS stock investing thread

            Any opinions on Dogecoin?

            Thinking about buying $100 worth. Is that even worth it?
            Proud supporter of the...

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            • pietasterp
              All Star
              • Feb 2004
              • 6244

              #186
              Re: OS stock investing thread

              I have no opinions on anything in the markets any more. It's just gotten too crazy to even know what the heck is going on. It's always been playing with fire, but now it's more like playing with dynamite.

              I hope you guys all make money but I am sitting this quarter out.

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              • KmK
                Pro
                • Jul 2003
                • 585

                #187
                Re: OS stock investing thread

                So I bought $100 worth of Bitcoin. Got it in my wallet, now I gotta figure out how to trade it for Dogecoin.

                This **** is confusing as hell.
                Proud supporter of the...

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                San Diego Chargers
                San Diego Padres
                LA Clippers
                UCLA Bruins

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                • Blzer
                  Resident film pundit
                  • Mar 2004
                  • 42520

                  #188
                  Re: OS stock investing thread

                  **** it, I went for it.

                  337 shares of GME, at $303.30 per share. Hoping for the short squeeze. Problem is I won't know when to bust out. Other problem is people have to hold on to their shares.

                  I hope I see you all on the other side a slightly wealthier man than I am right now, haha.
                  Samsung PN60F8500 PDP / Anthem MRX 720 / Klipsch RC-62 II / Klipsch RF-82 II (x2) / Insignia NS-B2111 (x2) / SVS PC13-Ultra / SVS SB-2000 / Sony MDR-7506 Professional / Audio-Technica ATH-R70x / Sony PS3 & PS4 / DirecTV HR44-500 / DarbeeVision DVP-5000 / Panamax M5400-PM / Elgato HD60

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                  • KSUowls
                    All Star
                    • Jul 2009
                    • 5891

                    #189
                    Re: OS stock investing thread

                    Originally posted by Blzer
                    **** it, I went for it.

                    337 shares of GME, at $303.30 per share. Hoping for the short squeeze. Problem is I won't know when to bust out. Other problem is people have to hold on to their shares.

                    I hope I see you all on the other side a slightly wealthier man than I am right now, haha.
                    As they say
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                    • zello144
                      MVP
                      • Jul 2013
                      • 2183

                      #190
                      Re: OS stock investing thread

                      Originally posted by KmK
                      Any opinions on Dogecoin?

                      Thinking about buying $100 worth. Is that even worth it?
                      idk to be honest I'm also thinking of trying to buy Dogecoin but have no idea what I'm doing and don't want to accidentally do something stupid.

                      Comment

                      • Bullit
                        Bacon is Better
                        • Aug 2009
                        • 5004

                        #191
                        Re: OS stock investing thread

                        Originally posted by KmK
                        Any opinions on Dogecoin?

                        Thinking about buying $100 worth. Is that even worth it?
                        No DogeCoin is a distraction to get people out of the market. My advice is to stay away. Its been around for a long time and is basically a meme made real. Do your own research but I would not buy any.
                        In Loving memory of my "Cricket" 1/2/96 - 11/19/2012

                        My heart and soul hurt for your lost presence in my life.

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                        • Caulfield
                          Hall Of Fame
                          • Apr 2011
                          • 10986

                          #192
                          Re: OS stock investing thread

                          when this little experiment is over I hope it doesn't leave GameStop worse off than it already is. I like to occasionally browse there and pick up copies of my favorite older games on the cheap. I don't shop online so I need these brick and mortar chains. so GameStop and 2nd & Charles are my two favorite go-to's for used video games
                          Originally posted by Fresh Tendrils
                          Eat the rich.
                          Originally posted by PVarck31
                          Take one bite now, come back for more.
                          I think I can do more for you with this here fork-n-knife
                          OSFM23 - Building Better Baseball - OSFM23

                          A Work in Progress

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                          • pietasterp
                            All Star
                            • Feb 2004
                            • 6244

                            #193
                            Re: OS stock investing thread

                            Originally posted by Caulfield
                            when this little experiment is over I hope it doesn't leave GameStop worse off than it already is. I like to occasionally browse there and pick up copies of my favorite older games on the cheap. I don't shop online so I need these brick and mortar chains. so GameStop and 2nd & Charles are my two favorite go-to's for used video games


                            I think I can do more for you with this here fork-n-knife
                            Whatever happens to Gamestop is going to happen regardless of what happens with their stock. The stock was just used as a financial arbitrage to exploit the amount of short interest outstanding, it obviously had nothing whatsoever to do with their actual value. The underlying business still matters, which is why the shorts weren't wrong, they were just mistimed/over-leveraged and got caught. But I don't know anyone that thinks the long-term future of the company is good.

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                            • Blzer
                              Resident film pundit
                              • Mar 2004
                              • 42520

                              #194
                              Re: OS stock investing thread

                              Well... I'm not sure what I did wrong, but apparently I have a 90-day hold on my account for freeriding. I guess I bought stock with money that didn't settle. I wasn't aware of the notion. Not sure why those trades went through, then. **** me, right?

                              I guess by Thursday I'll have an option for intraday trading power, and if I sell on the same day then I have to wait for the next day for that cash to settle, otherwise I have to stay underneath whatever value of stock I sold at that time.

                              I may miss the squeeze if so, or I may sell too early on the squeeze. I can't believe this happened, and it took three hours of being on hold to be told this. FFS.
                              Samsung PN60F8500 PDP / Anthem MRX 720 / Klipsch RC-62 II / Klipsch RF-82 II (x2) / Insignia NS-B2111 (x2) / SVS PC13-Ultra / SVS SB-2000 / Sony MDR-7506 Professional / Audio-Technica ATH-R70x / Sony PS3 & PS4 / DirecTV HR44-500 / DarbeeVision DVP-5000 / Panamax M5400-PM / Elgato HD60

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                              • Fresh Tendrils
                                Strike Hard and Fade Away
                                • Jul 2002
                                • 36131

                                #195
                                Re: OS stock investing thread

                                You got too close to the sun, Blzer.



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