Stocks
- Thread starter GreenMachineX
- Start date
ax1
Legend
Im buying it all on Fidelity. I think Lou is buying it on "TD-Ameritrade/Think-or-Swim" but they will charge you $6.95 for each buy/sell order.
Just be careful, being that it already just ran up we have seen these before and eventually tank back down with no support, but right now its consolidating and Im willing to take a huge gamble that it might squeeze.
GQdaLEGEND
Legend
ax1
Legend
Yes it filled after 3pm. I agree with Moon its probably the most garbage stock I have ever purchased hahaaa
Even Lou is all honest about it, its strictly a FOMO play. I doubt Ill make money on it but I did this one just for fun. I may get out quick if Im up, I will see but I doubt Ill come out ahead.
ax1
Legend
GTII still consolidating showing strength again, green today by a penny. This has a very different short squeeze play than the others, NO trading halts! no options chains, not against giant hedgfucks like Shytadel GTII is naked shorted like hell, so its not like it doesnt have its issues but thats why we are here and have a play.
I got out of RNVA 100% even. I might pick up more GTII with those funds tomorrow, should get me about 60 more.
Alot of the GTII people are also involved in short squeezing FNGR, but that one regular stock exchange rules applied such as trading halts and if they can throw up an options chain on that, but none as of yet.
AMC Closing bell Ortex
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APE Closing Bell Ortex
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I got out of RNVA 100% even. I might pick up more GTII with those funds tomorrow, should get me about 60 more.
Alot of the GTII people are also involved in short squeezing FNGR, but that one regular stock exchange rules applied such as trading halts and if they can throw up an options chain on that, but none as of yet.
AMC Closing bell Ortex
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APE Closing Bell Ortex
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ax1
Legend
MMTLP!!!! Added it back on my watchlist so I can root for you, Ill get over it I hope hahaha!
ax1
Legend
‘The worst is yet to come’: IMF issues stark recession warning
The International Monetary Fund has once again downgraded its Invalid Link Removed with a sharp warning: “The worst is yet to come, and for many people 2023 will feel like a recession.”
The agency said Tuesday that it expects global growth to slump to 2.7% next year, with a 25% probability it could fall below 2%. That compares with projected growth of 3.2% this year.
The figure for next year is 0.2 percentage points lower than the IMF’s July outlook, as Russia’s war in Ukraine, high inflation and a slowdown in China drag on activity.
“More than a third of the global economy will contract this year or next, while the three largest economies — the United States, the European Union, and China — will continue to stall,” said Pierre-Olivier Gourinchas, the IMF’s chief economist.
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The International Monetary Fund has once again downgraded its Invalid Link Removed with a sharp warning: “The worst is yet to come, and for many people 2023 will feel like a recession.”
The agency said Tuesday that it expects global growth to slump to 2.7% next year, with a 25% probability it could fall below 2%. That compares with projected growth of 3.2% this year.
The figure for next year is 0.2 percentage points lower than the IMF’s July outlook, as Russia’s war in Ukraine, high inflation and a slowdown in China drag on activity.
“More than a third of the global economy will contract this year or next, while the three largest economies — the United States, the European Union, and China — will continue to stall,” said Pierre-Olivier Gourinchas, the IMF’s chief economist.
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GQdaLEGEND
Legend
GQdaLEGEND
Legend
ax1
Legend
I look into that, GTII just seems still good.
ILUS was just chosen as Lou's first Wednday listener random in and out OTC stock so you might see a pop depending how fast the word spreads.
ax1
Legend
This is a strategy I need to start trying, always heard about it but I have made the mistake of never following that.
GQdaLEGEND
Legend
ax1
Legend
When he randomly picked that one with his computer (people send him their suggestions this morning, and only this morning) I was like, wow thats a good one!
It did have a huge opening pop but sold off fast.
Only looked at the AVCT chart, it had a massive pop earlier this month. Certainly dropping by the day including a morning drop. I would definitely do DD as reasoning why people should still get in now. GTII just my gut feeling has alot of stuff behind it as a short squeeze play and they arent in debt either. Might tank of course who knows???
There is going to be ALOT of these heavily shorted stocks. Low and mid cap stocks have been so shorted in the era of cheap free money and that era is long and gone. They are going to have to let alot of these let go over the next few months to half a year. I dunno if we will ever see an era like this any time soon. I hope AMC is let go soon I really want that era to come with a happy ending I can always look back at and feel good about.
GQdaLEGEND
Legend
I got my sell order completed @4.94 on mmtlp .. still have over 300+shares left to ride it out
keeping that $ aside ( for now )
keeping that $ aside ( for now )
ax1
Legend
Congrats!!!!
GQdaLEGEND
Legend
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such a pretty weekly chart *knock on wood*
such a pretty weekly chart *knock on wood*
ax1
Legend
Did you even get any word if you are all getting a dividend off that or not? Im sure Id take a short squeeze on MMTLP over a dividend haha
GQdaLEGEND
Legend
spin off the oil dividend suppose to be $30-45/share depending on price of the oil
but thats from youtubers doing the math .. ima stick with my guts and sell in increments .. do pay $4.95 each time for the trade.
next one maybe around 9.30-9.50 .. take out $200 worth hopefully .
MMAT is flying with it.. unsure if shorts are covering or just flying from major news that they got a solid contract of $4.3+ mil purchase order.
GQdaLEGEND
Legend
ax1
Legend
Just diversifying my plays, I was after all YOLO on AMC/APE just thought I had to change that some. Not selling "out" of my AMC play, just in less now to be in others. I need another chance to make money.
GQdaLEGEND
Legend
damn it bro .. why u have to remind me that i hold crypto too lol
ax1
Legend
That would be a millionare with the 1000:1 consolidation. Im still in, a few small buys maybe a month ago to bring my bag up and might do some more in the future, but other than that this and SHIB will be just sitting there both accumulating a little interest for a long time until the next bull run which I dont see it happening for a couple more years if humans still exist.
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ax1
Legend
Any news from your end? Moves or things your looking at other than the economy turning oblivion?
BamBam54
Well-known member
Oh... and I finally caught the covid after all these years. Picked it up on a hunting trip with a bunch of guys in Ohio. Just a day and a half cough. No fever no loss of taste.
More than anything it bums me out that I am apparently not the Omega Man, unvaccinated and immune to everything. Bah!
More than anything it bums me out that I am apparently not the Omega Man, unvaccinated and immune to everything. Bah!
GQdaLEGEND
Legend
whats your PSNY avg ? im at 10 .. i have money for 33 shares saved up .. waiting to come down to 4.99 again . which i think will happen
ax1
Legend
It sure has been.....whats interesting is it was first supposed to be a penny value dividend, then it took a huge chunk of value of AMC from start, halted some 13 times when it could have blown the roof off the house, over 40 million FTDs and them melted some 85% of its value since.
This sure was one massive crime scene, would love to hear what was said behind the scenes during planning.
If it goes below 10 cents I might pick them up again as arbitrage, essentially they are AMC shares anyways with a vote.
If my pipe dream GTII play hits gold Im sure to pick up AMC back after 30 days to avoid a wash sale and get the tax write offs I want for the year.
GreenMachineX
Well-known member
BamBam54
Well-known member
I've got my PSNY down to an average of $8.31 which sounds good.... except STILL being down 36.75%. Ugh.
Kicking myself now for not bailing at 13 and buying back in now. I always hold too long... just like SENS and KOPN, etc.
ax1
Legend
I definitely didnt see the EV and Chargers go down like it did, Im rather more shocked about that than AMC not hitting $283 yet.
Supply chain and chip shortages, inflation, loan interests, etc.....I went to the Toyota dealership to get my service and they barely had any new cars and SUVs on the lot other than their trucks. All their Hybrid's and Prius's are all sold out and you have to wait 6 months or more for a new car, especially if you want a plug in Hybrid.
ax1
Legend
Just ran into this about the Polestar 3, looks good but above my APE paygrade hahaha
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GQdaLEGEND
Legend
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picked up 31 more shares avg 9.37 now
picked up 31 more shares avg 9.37 now
GQdaLEGEND
Legend
nice .. i have that & amzn on alerts too .. got one today and moved the alerts down another 10%
AMZN under 100
Tesla under 200
at the moment due to bad cpi data that just came out, we might see it tommorow unless influx of money comes in today and saves the market.
GreenMachineX
Well-known member
ax1
Legend
Rich yet?
Ill just say John Karoney's favorite word: Imminent!!!!!!!!!!!!!!
GQdaLEGEND
Legend
ax1
Legend
Last week they also rented that truck and he was showing that truck in front of the SEC building in Washington DC.