Stocks
- Thread starter GreenMachineX
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GreenMachineX
Well-known member
BamBam54
Well-known member
ax1
Legend
It's gone from $5 to $8 in a couple of days. Next stop $283
I have no idea if Ill hold them all that high even if I still thought it could. I have various scenarios that will make my decision, we will see. If my other 2 which Im more bullish on over the next couple of months pop hard and I get a good exit I dont need to take as much of a risk or I may want to lock in more funds for more plays. Nothing can happen at all of course.
Everybody has a plan until they get hit lol.
ax1
Legend
Hold off on big purchases like TVs, Jeff Bezos warns
Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession.
The business leader offered his starkest advice yet on a faltering economy in an Invalid Link Removed with CNN’s Chloe Melas on Saturday at Bezos’ Washington, DC, home.
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Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession.
The business leader offered his starkest advice yet on a faltering economy in an Invalid Link Removed with CNN’s Chloe Melas on Saturday at Bezos’ Washington, DC, home.
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GQdaLEGEND
Legend
GQdaLEGEND
Legend
ax1
Legend
I know he is highly connected, and I also know the Federal Reserve wants to slow the economy down to combat inflation so for sure looks suspect to me.
GQdaLEGEND
Legend
ax1
Legend
@GreenMachineX why sad emoji? CTB average remained extremely high at 286%, it dropped a drip but really seeing it stay up this high is pretty insane.
GreenMachineX
Well-known member
ax1
Legend
Ortex is self reported data, of course reporting methods are wrong. It's what we have so we try to paint a picture from it the best we can.
It actually does make a damn bit of difference, last time CTB was in the hundreds for AMC it went from low 10s and skyrockets to over $70 in no time.
Of course, they can continue naked shorting the stock and use other newer methods to cool stuff off as they refine their algorithms and cheating, but the fact is they cant run away from their failing play and at some point have to cover.
ax1
Legend
GTII Truck is back on the road for a couple of days traveling around home of the Kramers on Long Island....they will be hitting everywhere they go, their restuarants, their nightclubs, where they went to high school, the golf course, where they get their gas, and so on. Every knows spot thats personal where people know them.
First stop their local news agency on Long Island....
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First stop their local news agency on Long Island....
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GQdaLEGEND
Legend
haha i miss LI/Queens .. not really
ax1
Legend
I like going to Chinatown in Queens, far more easier to park than Manhatten but really Im not a fan of going to the city as much as I used to.
GQdaLEGEND
Legend
i got out last month .. but latest i see is last week they updated it with new tech/smart glasses.
maybe if it dumps under $1 ill jump back in
BamBam54
Well-known member
You got out?? What kind of a loss %?
I keep holding figuring some big player will eventually buy them out....
ax1
Legend
Im not sure on news specifics but a large amount of OTC stocks have been overly naked shorted, KOPN being one of them mentioned and OTC/small season is currently on. That certainly doesnt mean they are or will pop and this can end any day. I havent run into any short squeeze movements about KOPN specifically but I havent dug into it either.
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GQdaLEGEND
Legend
maybe close to 50% .. got rid of couple of plays taht i never did DD on ( my sons account )
picked up some SOFI and GOOGLE @$88 and made up some losses
GreenMachineX
Well-known member
Waiting for T+90...any day now...lol
GQdaLEGEND
Legend
migth have to add a 0 after that
GQdaLEGEND
Legend
uncle smokey giving tour of new MMAT facility .. picked up more shares at 1.68 and threw 50 of them in my IRA.
future will be bright for this co .. gives me some bullish since we have met the nasdaq requirement.
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future will be bright for this co .. gives me some bullish since we have met the nasdaq requirement.
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ax1
Legend
Its official, GTII is listing on the blochain exchange Upstream. I signed up for that just to be a step ahead, they have an app, did my full KYC application in case the digital dividend is issued, coin, token or rebate for the lawyers but do your own research before handing your info over to Upstream.
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ax1
Legend
He bought one share the other day because he wants to have a voice to get AMC on Upstream.
Speaking of Upstream, they announced themselves the process has started, they said it would take 3-4 weeks to fully process it.
With Upstream we can then take the next steps to try to get a count from brokerages and then even issue a digital coin, token or a rebate for 800-US-LAWYER to possibly force the shorts to cover.
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ax1
Legend
Im not exactly sure the question your asking, but it was APE that changed everything. He still thinks AMC will have a run, but he is guessing lower double digits. Thats him, but one thing I agree on is that I feel like AMC was ready to have its run, APE came out, they fuqqed the crap out of it in front of my own eyes and everything died down.
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BamBam54
Well-known member
I think at this point we can stop pretending APE was the thing that stopped the super squeeze, or the guatemalan synthetics, or fifty other reasons we have heard for a year. It was never going to mega super squeeze. AMC "had" its run! You were in the right play, your timing was great, you were in at low single digits and it went up to 70. You were UP like 1000% percent!!! But these youtube a-holes pumping endless hype had people thinking it was going to 1000 or 5000 or even crazier higher numbers. You need to look back now and see how ridiculous that all really was. You HAD the huge win, and they guys like Al and Trey and Lou all but stole it from you in my opinion.
And sucked me in to be a bag holder on a dead play. FOMO.
I think we all need to learn from this and not keep believing in magical numbers and the endless excuses.
Same with the crypto stuff we are seeing exposed now with FTX scandal and fringe coins.
I think the lesson at this point is to bank some solid wins in the 20%-50% range, don't get greedy, and repeat as often as possible.
Ya know?
ax1
Legend
AMC still hasnt all played out yet, the shorts still havent covered so the show goes on. I do think long term thats why I initially gave you my 2025 number. The shorts cant carry this on to infinity and as you see its been very expensive to short the stock as of late.
Im watching everything right now, if my other plays work out Im buying my entire bag back and more if the price is right. And Im also considering going heavily back in on APE, as APE is in my own opinion stupid cheap if you can hold for a few years as essentially that are the same once they convert. Its a great arbitrage opportunity, although who knows if it falls down to the pennies which I dont think because any long time investor will probably gobble that up really fast.
Its not about a "lesson" here, for me at least. Its a personal choice, and this isnt to say that you are wrong, please dont think Im in a debate with you on this one because what you say is more head on shoulders and its sound advice. Its just a choice.
All my 3 plays as of right now are for brackets around 1000% and much higher. Thats just me, as I always say my bills are all going to be paid for, gamble only what you can afford to lose. Ive been doing this long enough now to know these plays do happen and the potential for the time being is still there, so thats what I do.
Nobody out there should follow my lead, but Im not doing this for 20-50% gains, Im just pure gambling but again thats just my own choice. And Im not blindly throwing money at these plays, there are reasons for me to do so, at least my current 3 plays.
Once I hit some numbers I will for sure change my strategy. If not then so be it.
Its easy to look back and say you should have done this and that, and knowing what happened with the price of course its easy to wish I had went out in the 50s to 70s, but I had a plan and part of that plan was all or nothing so no point in living in regrets, that was the play. You move fowrard and change your strategy as needed. Im learning more and more the play was right, most of us didnt anticipate how terrible the criminal activity was, now with FTX being exposed there is more coming out how criminal AMC had been manipulated......but the fight goes on, as I say as a broken record, the shorts havent covered.
And I dont blame youtubers for anything, they are not a-holes. The only person who makes a decision is me myself. None of them ever forced me to buy or sell or when to buy or sell. Its 100% on me no excuses.
Im actually very thankful we have these channels to go to, for the first time in history we can have a large global community and gang up, share knowledge and attack the stock market as that all the stock market is, its just a massive rigged gambling platform and there is alot of opportunity to make alot of money along the way.
I think some day Ill look back in life and be very thankful I ran into people like them on the internetz. Ive been mad at Lou a few times his big mistake is those stupid time lines and chronic use of a "couple" of days...but I understand him better now. Ive really learned a ton from all 3 of them.
Im watching everything right now, if my other plays work out Im buying my entire bag back and more if the price is right. And Im also considering going heavily back in on APE, as APE is in my own opinion stupid cheap if you can hold for a few years as essentially that are the same once they convert. Its a great arbitrage opportunity, although who knows if it falls down to the pennies which I dont think because any long time investor will probably gobble that up really fast.
Its not about a "lesson" here, for me at least. Its a personal choice, and this isnt to say that you are wrong, please dont think Im in a debate with you on this one because what you say is more head on shoulders and its sound advice. Its just a choice.
All my 3 plays as of right now are for brackets around 1000% and much higher. Thats just me, as I always say my bills are all going to be paid for, gamble only what you can afford to lose. Ive been doing this long enough now to know these plays do happen and the potential for the time being is still there, so thats what I do.
Nobody out there should follow my lead, but Im not doing this for 20-50% gains, Im just pure gambling but again thats just my own choice. And Im not blindly throwing money at these plays, there are reasons for me to do so, at least my current 3 plays.
Once I hit some numbers I will for sure change my strategy. If not then so be it.
Its easy to look back and say you should have done this and that, and knowing what happened with the price of course its easy to wish I had went out in the 50s to 70s, but I had a plan and part of that plan was all or nothing so no point in living in regrets, that was the play. You move fowrard and change your strategy as needed. Im learning more and more the play was right, most of us didnt anticipate how terrible the criminal activity was, now with FTX being exposed there is more coming out how criminal AMC had been manipulated......but the fight goes on, as I say as a broken record, the shorts havent covered.
And I dont blame youtubers for anything, they are not a-holes. The only person who makes a decision is me myself. None of them ever forced me to buy or sell or when to buy or sell. Its 100% on me no excuses.
Im actually very thankful we have these channels to go to, for the first time in history we can have a large global community and gang up, share knowledge and attack the stock market as that all the stock market is, its just a massive rigged gambling platform and there is alot of opportunity to make alot of money along the way.
I think some day Ill look back in life and be very thankful I ran into people like them on the internetz. Ive been mad at Lou a few times his big mistake is those stupid time lines and chronic use of a "couple" of days...but I understand him better now. Ive really learned a ton from all 3 of them.
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