• Breaking News

    Wednesday, January 27, 2021

    Stock Market - CNBC is reporting Melvin Capital is out of GME.

    Stock Market - CNBC is reporting Melvin Capital is out of GME.


    CNBC is reporting Melvin Capital is out of GME.

    Posted: 27 Jan 2021 05:27 AM PST

    DO NOT FUCKING SELL THIS IS A DIVERSION. They want you to sell and dump your stock so they can buy PUTS to make money on the way down!!

    🚀 🚀 HOLDDDDDDDDDD

    p.s. Also odd how AMC just magically skyrocketed past 200% afterhours a few hours ago. And coupled with the fake news, theres now a slight but noticeable divide in WSB with people who are seriously considering buying AMC. Divide and conquer much?

    submitted by /u/WaluigiBobaTime
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    Discord and Reddit REMOVE r/wallstreetbets

    Posted: 27 Jan 2021 03:48 PM PST

    Discord just deleted the r/WallStreetbets and Reddit has also closed their subreddit. The excuse they used was the promotion of hate speech and misinformation despite it being widely known as a meme page with intentionally divisive content. It was a page by and for the average retail investor. This is a diversion, this is suppression. They want to silence us so they can stop hemorrhaging capital. Keep buying, Keep holding

    submitted by /u/MystickBlade
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    Hedge funds calling out big guns!!

    Posted: 27 Jan 2021 10:15 AM PST

    We must be over the target because the flak is now very heavy. Hedge funds have now called on congress and regulators citing 'fraud' and 'dangerous speculation' to change trading rules. The same rules hedge funds have used to punish investors and companies for decades. Little hypocrites need punished!!

    If hedge funds are unhappy they have themselves to blame.

    We ride on!! Crush them!!

    submitted by /u/Heywood_Jablomydic
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    Hedge funds down $19 billion in 20 days !

    Posted: 27 Jan 2021 02:08 PM PST

    Hedge funds lost $11 Billion just today on GME! Many will blow out next week under these crushing losses...awwww...poor babies. Next week is D-day as panic sets in with the hedge fund managers as GME hits $1,000 or more.
    They will rue the day they shorted this stock.

    Crush them!!

    submitted by /u/Heywood_Jablomydic
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    CONGRATS on 700K subscribers r/StockMarket!

    Posted: 27 Jan 2021 08:52 AM PST

    AMC took off, despite the negative attention

    Posted: 27 Jan 2021 10:32 AM PST

    I have been saying it for the past few days to get in to AMC. People told me I was an idiot. Then when I hit big, that I'm a lucky idiot. The market isn't a game or luck or skill. It's all about reading trends. Trends are set by the masses and right now AMC is piping hot.

    I'm not saying AMC will follow GME, but what I am saying is AMC is starting off hotter than GME did. I for one will be putting more money into AMC before market close tonight and taking another shot.

    Good luck everyone.

    submitted by /u/Such-Fig-3879
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    HOLD my fellow brother

    Posted: 27 Jan 2021 04:41 PM PST

    WHY $GME and $AMC IS DOWN AFTERHOURS: Hedge fund managers, Short sellers, and Market Makers are using their extended hour trading to scare retail traders (You) off. Most retail traders (You) lack the ability to trade before and after the market opens/closes. This is why it is currently down. Once retail traders (You) are able to get back in at market open tomorrow, this will again go up. This is an attempt to scare ppl away from the stock. It will happen every single evening for the next several days so be prepared for this. If it is to stressful for you, please put away your phone/computer and check again in the morning.

    submitted by /u/musq_l91
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    WSB will be back

    Posted: 27 Jan 2021 04:26 PM PST

    Copied from r/wallstreetbets

    We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back.

    submitted by /u/NectaCollecta
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    PSA/"THE NEXT GME" - PLEASE READ: This time period is a great chance to vastly improve the content on this sub

    Posted: 27 Jan 2021 03:45 AM PST

    Sup fellow gamblers, yoloers and friendly newbies,

    Look, we all know what's going on with GameStop. We know there are others out there. There are lots of stocks that have been heavily shorted for years and yes, a lot of them will squeeze, especially now with WSB getting so much attention.

    Along with those opportunities has come an influx of hundreds of thousands of subscribers to this sub, over 100k within just the last few days. With those new subscribers comes a slew of charlatans trying to sell shitty investment services/courses, promote their YouTube channels, get you to follow their Twitter, etc. First, this is a warning that we will ban first and ask questions later for self-promotional posts, anything that is obviously designed to pump low volume stocks or manipulate the market, or in general is just a low effort, shitty post.

    Second, and more importantly, I see this time period - with a lot of new growth incoming - as a great opportunity to vastly improve the content of this sub. These shenanigans that have been going on with GameStop are proving to us that there are real opportunities out there, but we need quality content and quality contributions to find them. That means not filling the front page of this sub with bullshit posts that are two sentences long pumping your penny stock that trades 50,000 shares a day. It also means not posting ideas that are solely based around fucking manipulative hedge funds, short sellers, and the like. That's not because we agree with what they do or because we want to promote their ability to continue to screw over retail traders, but because doing this will bring unwanted attention to this community and potentially get us banned from Reddit.

    So, sure you can post about stocks that have high short interest and that might present opportunities for short squeezes, but don't make your post "lol let's manipulate stonk ABCD cuz it has 14743% short interest YOLO!!1!" Instead, put some actual effort into your posts and let's find some real opportunities.

    We'll be removing low effort posts and banning people who post repeatedly without putting any effort into it. At the same time, let us all look for real opportunities, post legitimate due diligence and share real reasons that these opportunities can materialize into money for everyone.

    Let's use this 15 min of fame as an opportunity to work together to improve our community, make more money, and improve the quality of the content for everyone!

    So, what's the next GME? Happy hunting

    submitted by /u/ghostofgbt
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    Why does CNBC seem to be annoyed with GME situation?

    Posted: 27 Jan 2021 07:00 AM PST

    I'm just now getting into keeping up daily with US markets so I'm pretty new to this. I'm watching CNBC and they seem so annoyed about the "reddit rally" and the possible short squeeze situation with GME.

    Am I just misinterpreting them or are they really annoyed? If they truly don't like it, what reasoning do they have to be upset about it?

    submitted by /u/benjaminosbacon
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    SEC will halt GME to protect their pals!!

    Posted: 27 Jan 2021 04:28 PM PST

    The SEC will halt trading in GME tomorrow or Friday to protect their cronies in hedge funds. They will cite 'market instability' or 'dangerous speculation' in their announcement.
    We all know this is just bullshlt to ensure the right people make the money!

    The fix is in....

    submitted by /u/Heywood_Jablomydic
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    Apple reports blowout quarter, booking more than $100 billion for the first time

    Posted: 27 Jan 2021 01:38 PM PST

    https://www.cnbc.com/2021/01/27/apple-aapl-earnings-q1-2021.html

    EPS: $1.68 vs. $1.41 estimated

    Revenue: $111.44 billion vs. $103.28 billion estimated, up 21% year-over-year

    iPhone revenue: $65.60 billion vs. $59.80 billion estimated, up 17% year-over-year

    Services revenue: $15.76 billion vs. $14.80 billion estimated, up 24% year-over-year

    Other Products revenue: $12.97 billion vs. $11.96 billion estimated, up 29% year-over-year

    Mac revenue: $8.68 billion vs. $8.69 billion estimated, up 21% year-over-year

    iPad revenue: $8.44 billion vs. $7.46 billion estimated, up 41% year-over-year

    Gross margin: 39.8% vs. 38.0% estimated

    Apple got an excellent quarter. Apple now has $195.57 billion in cash on hand, up 2% from last quarter. Investors should keep holding the stock and this year could hit $200.

    submitted by /u/coolcomfort123
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    They got us guys, they are calling us white supremacists for buying GME stocks.

    Posted: 27 Jan 2021 07:52 PM PST

    Just saw Vice news and CNN articals labeling people who bought GME stocks as white supremacists. We've let them divide us till now with their race guilt, this is time we hold together. Fuck the billionaires, fuck the government and fuck race cards, hold the stocks like you're holding grudge on these scum.

    submitted by /u/jimmybutt124
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    r/WSB: “We are experiencing technical dificulties based on unprecedented scale as a result of the newfound interest in WSB.”

    Posted: 27 Jan 2021 04:33 PM PST

    And it continues:

    "We are unable to ensure Reddit's content policy and WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back."

    So everyone please DO NOT PANIC, HOLD, AND BE STRONG!

    Until then, everyone should stay right here on the StockMarket subreddit!

    submitted by /u/pennyy1616
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    Well done to you all; but don't sleep on NIO.

    Posted: 27 Jan 2021 07:42 PM PST

    I've been a lurker for a while, and decided it's time to speak out!

    There's of course amazing euphoria with companies like $GME and $AMC and rightly so; you guys really 'stuck it to the man', and achieved a remarkable feat.

    Don't sleep or right off NIO: they're still in their early days; they've been given a $300 billion dollar projected valuation by one of Tesla's earliest and smartest outside investors Baillie Gifford; which would be an approximate share price of $200 for NIO.

    NIO's fundamentals are improving; their sales are improving; their financials are improving; they have an extremely advantageous position in the biggest EV market in the world. NIO is set to become China's first true premium brand; their awards and popularity attest to this.

    With what we've seen so far, NIO could very well be over $150-200+ by the end of the year; hell, maybe even sooner...

    the EV revolution will be one of the major drivers of economic growth; and NIO is poised to capitalize on this.

    God speed; hopefully my first r/StockMarket post is up to par.

    I love you all.

    Long NIO to triple digits and beyond!

    submitted by /u/the_mirror_viewer01
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    Disruptions reported at multiple brokerages as GameStop, AMC surge

    Posted: 27 Jan 2021 08:27 AM PST

    Things are so out of control that brokers are starting to restrict trades.
    Remember, brokers are in control of whether or not they will allow you to trade a stock or any stocks at all.

    https://www.marketwatch.com/story/disruptions-reported-at-multiple-brokerages-as-gamestop-amc-surge-2021-01-27

    submitted by /u/destroyerodin
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    An explanation of the underlying mechanics behind $GME’s recent rise. Short and Gamma squeeze explained.

    Posted: 27 Jan 2021 12:33 PM PST

    For a variety of business reasons, a bull (i.e. optimistic) case regarding its future performance has formed.

    It really came to the forefront after RC Ventures, an entity managed by Chewy.com founder Ryan Cohen, disclosed a large position and assumed three board seats.

    Ryan Cohen summarized his case, stating:

    "We are excited to bring our customer-obsessed mindset and technology experience to GameStop and its strategic assets...expanding the ways in which it delights customers and by becoming the ultimate destination for gamers."

    At the time of that statement on January 11, $GME stock was trading at about ~$20 per share.

    Since then, the stock has surged to ~$300+ per share and captured the public imagination.

    How did that happen?

    There are two dynamics at play: a short squeeze and a gamma squeeze.

    First, a short squeeze.

    This occurs when short sellers (those betting against a stock, like Melvin Capital here), are forced to buy stock to exit/cover their shorts.

    The gamma squeeze is a bit more complicated.

    Let's simplify it.

    A gamma squeeze is all about options contracts and their indirect impact on the underlying stock.

    When you buy a call option on $GME, someone has to sell you that option contract.

    You pay them a bit of money (the premium) and they make a commitment to deliver you the underlying stock at a future date for the strike price of the option.

    It's a pretty simple transaction.

    But in the background, the seller (often called a "market maker") has to think about their risk exposure.

    If $GME rises above your strike price, they will have to buy the stock at the market price and sell it to you for the strike price, incurring a (potentially large!) loss.

    To hedge this risk, when the market maker sells you the option, she also goes into the market and buys a bit of the underlying stock.

    The amount of stock she buys is based on the "Delta" - a ratio of how much the option price moves relative to a $1 move in the underlying stock.

    "Gamma" is the rate of change of the "Delta" of the option.

    As Delta and Gamma rise, the market maker gets more and more nervous!

    She has to buy more stock to hedge the risk of the option being exercised in the money (i.e. with the underlying price above the strike price).

    So here we have the (simplified!) makings of the gamma squeeze.

    As call option purchasing volumes suddenly surged (thanks to WSB, Elon Musk, and Chamath), market makers had to purchase a lot of $GME stock to hedge.

    This set in motion a self-fulfilling prophecy…

    As the market makers rushed to purchase $GME stock to hedge their exposure, this drove the price of $GME up.

    As the price of $GME went up, the Delta and Gamma of $GME call options rose.

    This meant market makers had to buy more stock, further driving up the $GME price!

    So to summarize: With $GME, we had both (1) a short squeeze - short-sellers frantically buying the stock to close/cover their shorts and (2) a gamma squeeze - call option market makers frantically buying the stock to hedge their exposure.

    submitted by /u/sk2977
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    Why GameStop & AMC Are Down After Hours

    Posted: 27 Jan 2021 08:18 PM PST

    Why GameStop & AMC Are Down After Hours

    Hedge fund managers are scared. They've never seen anything like what happened over the last few days. A single subreddit and its users created one of the greatest stock rallies in history. GameStop shares have more than 5 X-ed and AMC shares have gone up almost 200% in one day.

    They are shorting these stocks like crazy because they want to scare off investors. They are thinking it's a classic pump and dump and they want to get rich.

    Here's the thing. We the people have a voice. We can choose to buy in again at market open. If we all do so, then the stocks will have another stellar day.

    Keep buying. Day after day and week after week. Stock by stock. We will show our voice and change many lives in the process.

    submitted by /u/spencercoffman
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    $CTRM run tomorrow

    Posted: 27 Jan 2021 08:08 PM PST

    Shipping company which actually is a solid company with a lot of good news being announced. Also just announced they are debt free. Anyway it's still under a dollar, and it's going to run tomorrow like $NAKD did. There is a short interest and the bulls have been tearing them up today. Tomorrow is going to be the big run.

    submitted by /u/MikeBrownHADItComing
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    $THCB merger with Microvast SPAC. DD and opinion.

    Posted: 27 Jan 2021 05:36 PM PST

    I have been holding 2000 shares of Tuscan since last week with a $14.80 average. I initially played this for the quick buck when the Bloomberg article dropped in November but the more I've done DD the more I have fallen in love with this SPAC

    It's been a slow painful bleed from the ATH at $21 but I really think this could be one of the biggest SPAC plays of the year. Hear me out as I think this is a steal under $20.

    $THCB and Microvast tick a number of boxes.

    1. EV Battery play (EV hype) ✅

    2. Multinational company with 2 factories in China and one nearing completion in Germany, hoping to start production in Spring.✅

    3. Amazing technology with recognition from the prestigious R&D100 awards for its new high density battery.✅

    4. Projected revenue's of $100m for 2020 ✅ (Big positive, SPAC company that has established supply chain and revenue!!)

    5. Probably the most buillish point is the low float 3.46%!!!!!! ✅ One of he lowest I've ever seen in a SPAC with 75.69% of shares in the hands of institutions, and 20.85% with insider's.

    6. Investor section added to microvast website today ✅

    7. 77 new Jobs have been advertised, shows they're growing and business is good.✅

    The long awaited DA is the only thing holding this down. Supply will not be able to meet demand for shares with this hot EV play.I don't think a move similar to $QS or even $SHLL is out of the question.

    I personally have a PT of $40 in the short term on the anoucment of a DA. Long-term this could hit $100 easy especially with the emphasis in both China and America on clean energy.

    Let me know in the comments what your personal PTs are for Tuscan and do yo think we'll get the DA sooner rather than later. 🔋🚀💎

    TLTR:

    If you thought the GME short squeeze was good, wait until you see the THCB small float explosion 🚀

    At current prices this is a steal. Buy and wait for DA which should come in the next couple of weeks and get rewarded for your diamond hands. ✋ 💎🔋🚀

    EASY MONEY IMO

    Links for info:

    1. https://www.globenewswire.com/news-release/2019/12/06/1957231/0/en/Microvast-Wins-the-Prestigious-R-D100-Award.html

    2. https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN27T2L7

    3. https://www.electrive.com/2020/07/03/microvast-completes-battery-factory-in-brandenburg/

    4. http://www.microvast.com/index.php/news/info/109

    5. liepin.com/company-jobs/804...

    6. https://finviz.com/quote.ashx?t=THCB

    submitted by /u/bigballsmcginty
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    FDA APROVAL FEB 15TH!!!!! Trilaclib cancer treatment!!!! Mark your calendars!!!

    Posted: 27 Jan 2021 03:44 PM PST

    Stocks to Watch 27/01/2021

    Posted: 27 Jan 2021 06:03 AM PST

    Good Morning,

    Another really odd day yesterday with stocks fluctuating like crazy. The whole market is irrationally strong which can be good, but incredibly risky. If you're new to trading I'd really recommend trading in a simulator in conditions like these. Here is my watchlist for today. A lot of the names here are still experiencing momentum from yesterday - be wary for reversals.

    1. $AMC (AMC Entertainment) - Highest gapper today. This has been a heavily shorted stock for a while since the start of COVID but has just announced new funding which is driving AMC this morning. Yesterday provided some opportunities for AMC but I missed this, unfortunately. With NYSE listed stocks like this, we need to be wary of stock halts and so risk management plays an important role. Premarket high is at $17.90 at the moment so I'll be watching for a breakout over 18.
    2. $GME (Gamestop) - I'm trying to work out if GME will break out again today and, given the past week, anything could happen. I try to just focus on the intraday charts for stocks like these and looking purely for technical patterns I recognise. It's currently below the VWAP (VWAP at 255 at time of writing). If it can get over the VWAP, I'll be looking for a move up to 277.
    3. $EXPR (Express) - This is our second highest gapper right now, most likely due to some sympathy momentum from social media. I really hate trading stocks with no significant catalyst, but if this follows a similar pattern to GME, I will try to ride the momentum.
    4. $KOSS (Koss Corp) - 43% short interest here so we are seeing a lot of short-sellers get squeezed out. Similar situation to yesterday.

    Momentum today will be quite scattered I believe so it's important to watch multiple stocks and set alerts at points of interest. There is a lot of stuff going on today and a lot of people will be watching different stocks.

    Other stocks I will be watching: UONE, OXBR, KODK.

    As a reminder, trading is risky, make sure you put stops in place and follow your initial plan regardless.

    Thanks all.

    -Rep

    submitted by /u/RepinskiUK
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    When to Worry

    Posted: 27 Jan 2021 03:58 PM PST

    When to Worry

    We all love the GME right now, but how do you not worry when you watch it drop after hours? (Like it is right now?) [-27%]

    I was late to the game, got in at $330 today & again when it dipped to $300.

    We all know it's a gamble, does anyone ever panic? Is anyone with experience comfortable with a dip like that? Is it normal? These are the fears I have Bc Stonks = SCARY

    Edit: THIS IS NOT A SIGN TO SELL! WE HOLD BRETHREN! HOLD THE STONKS! Oh & Only invest what you're okay with losing! 🚀🚀🚀

    submitted by /u/ChaseNounou
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    Can anyone give me some reasons to buy AMC, GME, BB etc ?

    Posted: 27 Jan 2021 07:47 PM PST

    It looks to me that besides GME, these stocks that we keep hearing repeated on this page have plenty of room to grow. My question is, what would the argument against buying them be? Will there be another obscene rise?

    submitted by /u/chipsandgiac
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