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    Thursday, January 28, 2021

    Stocks - Posting is restricted

    Stocks - Posting is restricted


    Posting is restricted

    Posted: 28 Jan 2021 06:59 AM PST

    The traffic we're getting is overwhelming the automod and it's difficult to keep up with the thousands of spam posts. Commenting is still active.

    Bear with us - we'll be back soon.

    Stocks for Socks Charity Drive

    Quarterly Rate My Portfolio Thread

    submitted by /u/desquibnt
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    r/Stocks - Calling all volunteer moderators!

    Posted: 28 Jan 2021 10:40 AM PST

    Daily discussion can be found here.


    Going to make this super simple, if you're a long time poster/commenter to r/stocks, just comment here saying why you would make a good mod, that's it.

    Then we'll make the determination, based on your profile history, if you'll make a good mod or not.

    And just to eliminate the majority of new & low karma accounts:

    • Reddit accounts older than 11 months (12 months and up)
    • Comment karma minimum 500

    PS At this point, I think we need to find dozens of volunteers, not as exaggerated as r/science, but in the same vein.

    submitted by /u/provoko
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    Robinhood, which previously sold user information to Citadel, is now blocking buy orders of GME,AMC and more, engaging in blatant market manipulation.

    Posted: 28 Jan 2021 07:40 AM PST

    Companies try to prevent people from trading GME and AMC

    Posted: 28 Jan 2021 03:55 AM PST

    Not sure about the other trading apps but Trading212 prevents people now from buying shares. Quote:

    • Warning! In the interest of mitigating risk for our clients, we have temporarily placed GameStop and AMC Entertainment in reduce-only mode as highly unusual volumes have led to an unprecedented market environment. New positions cannot be opened, existing ones can be reduced or closed. -

    Not sure if they are really concerned about their customers, or they've been lobbied by hedge funds to prevent ordinary people from destroying them. I don't care about GME and AMC, I have no position, but now I am angry for this decision. They always go against the poor individuals and let the billionaires save their asses. No one saves us when we go bankrupt by them.

    Let that sink in

    Edit: thank you for all the rewards and comments! What a great community we are!

    submitted by /u/rotloch
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    Stop reading the 'news reports' about stocks

    Posted: 28 Jan 2021 11:26 AM PST

    As you've probably seen and heard, hedgefunds open a short postion and then go about posting articles through various websites about how 'bad' the stock is, how it has no future and bound to crash.

    It is important to understand that with every news article online there is an author who aims to benefit from that article, so always be aware of that and always maintain critical thinking.

    All these so called 'analyts' always have their own narrative and propaganda they want to push, don't fall for their tricks and don't let them profit of your trades, srick with value investing or technical trading rather than rely on the news for what's a good and what's a bad stock.

    submitted by /u/aclogains
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    PSA: Please be extremely careful with your holdings, especially meme stocks. There’s a lot of stuff going on that can go south any moment.

    Posted: 28 Jan 2021 06:32 AM PST

    I think that we can finally say that there is a pretty clear bubble, more or less in different areas. The market has been acting absolutely wild as everyone can clearly see. People are pumping stocks for fun and that is worrying me a lot. If things go south, how big of a reaction will there be in the entire stock market?

    Gamestop, Blackberry, AMC, Nokia have been pumped really heavily and seeing 100% gains in a single day for no reason should warn us to be alert at all times. Especially now, when many of us haven't experienced this ever before in this big of a scale.

    While I'm really liking how the retail investors are kicking the hedge fund managers' asses, we all should be prepared for the worst. Once people start to realize their gains and start to sell, we're in for a wild show. And that moment will come sooner or later. That's just a fact. People will want money at some point. When that point comes, you should have probably sold and gotten out already.

    I don't like to be bearish, but I'd say that there's a some kind of a bubble now and it will affect all areas more or less.

    Fundamentals are literally trash for people. Microsoft and Apple released some staggering all time high results yesterday and only few people seemed to give a damn about it, at least in this sub. I wonder when we're gonna go to a different direction and pivot towards a more fundamental orientated market. It could take a long time, or it could happen next month.

    Because in the end, the companies with solid fundamentals and consistant long term growth will be the ones that will perform in the long term...

    ...But this is a different topic which needs to be discussed on a later date.

    The saddest part of this is that the ones who suffer from this, will be us, retail investors. People will think that Gamestop, AMC & Co will only go up. That is unfortunately, not the case.

    And I'm fearing that some of us will realize that too late. Some people have bought stocks with debt and this will bite heavily in the ass, when these meme stocks go down hill. And trust me, they go down quicker than up.

    People's mental health will be on the line, when they see their brokerage accounts heavily in the cold. This is my biggest worry. How will people react to this when things go south and GME drops from their current levels.

    So all I'm asking is for people to be wise with their money and put in an amount that they're comfortable losing with. Stocks do go down. GME goes down. And everyone should be ready for it at all times.

    Thanks in advance.

    submitted by /u/juaggo_
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    PSA: Understand the gravity of the situation if you are going to buy the meme stocks and definitely do not play with what you can't afford to lose

    Posted: 28 Jan 2021 12:45 PM PST

    Building on what /u/juaggo_ has posted earlier. It is great that everyone is fighting the good fight and telling hedge funds to shove it, and I believe that this event will be impactful in the years to come.

    That said, when you do buy, do it for the cause. Because you like the stock. Because you want to expose how shit the system is. Not cause you expect that you will make anything from this trade and that you will be able to pay of your tuition fees and home loans, or because you think that you are giving the middle finger to big money, because you are not.

    This is simply due to the sheer information and technology asymmetry.

    Reddit's plan is in plain sight for all of the institutions to see. Long thesis tied to gamma and short squeeze on Friday, buy and hold and remove limits to avoid giving brokers information, "get out before the bubble bursts". Most new players are on platforms that they themselves understand less than institutional investors. It is hubris to assume that institutions with all their experience with manipulation and their PhDs that literally spend their entire lives studying specific topics, yes, even short interest and how it impacts the markets, will not have a counter strategy for the very obvious retail play.

    And the worst thing is that you do not know what it is; the price could be $1000 and back to $200 within minutes tomorrow if they so choose to ride the retail pump and dump, there could be no gamma squeeze at all as perhaps all of their shorts have already moved out in the dip to 100 today. What I am saying is that whatever happens tomorrow or the week after, the probability is very high that the institutions will still eat first, and the lucky initial buyers second, and the rest is likely going to be a dice roll.

    On the other hand, I am going to make the sweeping assumption that most retail players have a surface level understanding on the strategies institutions are taking on this event. There has been a lot of focus on Melvin (almost a scapegoat at this point) and Citadel, but what about other players like Blackrock that are as strong and have unknown plans for the stock? Most will not understand the power dynamics between the organizations. One obvious example was Citadel snapping up Melvin in all of the chaos. Many other similar transactions are going on behind the scenes. Finally, they may underestimate the technology that they have at their disposal. People are paid millions to make their trades milliseconds faster, their codes a few percentage points more efficient - again, not resources your average investor has access to.

    The bright spot is the media coverage has been very negative towards malpractices in the finance industry and there will surely be some sort of legal reform. If you are getting in this late in the game and are willing to ride or die, do it because you are bringing down RH and co., and because you are exposing more scummy practices to the world to see. Chances are you will lose the fight, but you will win the war.

    submitted by /u/calamitymagnet
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    $GME class action lawsuit is would be cheaper than having cover their shorts. (Gamestop pt. 4)

    Posted: 28 Jan 2021 01:34 PM PST

    Part I here: https://www.reddit.com/r/StockMarket/comments/l56f4c/gme_explanation_of_whats_going_on_with_gamestop/

    Part II here: https://www.reddit.com/r/StockMarket/comments/l5oatz/explanation_for_gme_gamestop_part_2_i_wouldnt_be/

    Part III here: https://www.reddit.com/r/investing/comments/l5y1n2/gme_part_iii_at_this_point_it_doesnt_look_like/

    Part IV:

    A class action lawsuit is would be cheaper than having to cover their shorts.

    Speculation: A class action lawsuit would be cheaper than $GME continuing to potentially rise, where THEY lose billions to cover their shorts.

    Facts: Many of these trading platforms get their order flow routed from a company called Citadel.

    Citadel invested Billions in Melvin Capital, who was the company losing BILLIONS as $GME kept rising.

    submitted by /u/TonyLiberty
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    Crossed 2k Today!

    Posted: 27 Jan 2021 09:05 PM PST

    I started investing about six months ago, slowly building up to an overall investment of about 1.2k. Today, my total value hit two thousand. Meaning I've made around $800. It's a very small, very humble start. It was been hard to stay away from the meme stocks. I honestly just wanted to thank all of you on this site who gave your insight, support, and DD to help me make smart investments.

    I grew up in a place where money was hard to come by. I thank you guys from the bottom of my heart for getting me to the point where I finally feel like I'm getting somewhere. Thank you so much.

    submitted by /u/TheLastHomicide
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    Trading restrictions at Schwab

    Posted: 28 Jan 2021 10:35 AM PST

    Just hung up with a representative at Schwab. They are not restricting trading in individual stocks symbols. You can Buy and Sell.

    TD, while owned by Schwab, it is managed as a separate company still.

    submitted by /u/seattletechi
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    AMC borrowing fees

    Posted: 28 Jan 2021 02:32 AM PST

    I got this from browsing WSB. It is a pretty good post about AMC. Of course it is risky but it has the chance for people to make a bit of money from it. Again, this is high risk, high reward if something similar happens to it like what happened to GME. The difference is AMC has less short interest.

    Thanks to the WSB poster who provided this info:

    https://www.reddit.com/r/investing_discussion/comments/l6mpwl/hold_your_investments/gl21n74?utm_source=share&utm_medium=web2x&context=3

    Why the AMC squeeze hasn't happened yet:

    Take a look at this link ( https://iborrowdesk.com/report/AMC )and scroll down to recent data for AMC. Borrowing fees (meaning the rate at which the hedge funds have to pay to short the stock) have risen from 3.2% to 21.9% in the past day. This is a dramatic increase. However, that's only the beginning. This is GME's borrowing rates and available shares to short: https://iborrowdesk.com/report/gme

    If you look at GME's borrowing rates, the last time they were at 22% was 1/21/21 (6 days ago). 5 days later, the borrowing rates SPIKED up to 83%. This was also the same day the GME squeeze went crazy from 90 -> 300. As Martin Shkreli said, keep your eye on the borrowing rates, not the short interest. The borrowing rates make the hedge funds nervous and is ultimately a huge factor for them having to cover. Covering leads to squeezing. I predict a similar, though not as significant squeeze as GME for AMC. This is something to keep an eye on.

    Shares available to short for AMC has also decreased from 10,000,000 6 days ago on 1/21 to <200,000 as of close, meaning the hedge funds are getting greedy as fuck trying to make us lose!!!

    Additionally AMC is better off than it was during the pandemic. Their bankruptcy concerns are completely off the table with a billion in funding. They are also a very low market cap at 4B, meaning there is much bigger potential for their price to increase. Movies are not fucking dead, mark my words. AMC is due for a HUGE rally. There's room for both squeezes, lets fucking go boys.

    submitted by /u/No_Platypus_8471
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    Today is a dark day for traders

    Posted: 28 Jan 2021 02:27 PM PST

    It does not matter if you invested in GME, made money on NOK, or you are just interested in the stock market.

    Today different brokers took down from MILLIONS of retail traders the opportunity to partecipate actively in the stock market to save some billionaires hedge funds.

    In the last generation most of the people thought about the stock market as something abstract and only reserved to the richest getting richer, only having a clue about what Wall Street is thanks to movies.

    For few years in wich the possibility to partecipate was estended to a lot of retail users, and guess what happened? Most retail users (up to 80%) lost money having no idea what they were doing.

    In the last few weeks GME has been the opportunity for normal people to take something back from the people controlling the market, and when they were finally succeeding, guess what?

    They cut us out.

    I do not know how today will be called but it will go down in history books after the Wall Street Crash of 1929 and the crash of 2008.

    submitted by /u/Ellen_Pirgo
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    What is Citadel's plan

    Posted: 28 Jan 2021 11:45 AM PST

    Someone please explain to me what citadel is trying to do, retail only makes up 10% of daily float why would they care about stopping retail from buying. Something is not adding up, I was wondering about why citadel bought melvin a few days ago, I know everyone thinks they figured it out but I think we are only at the tip of the iceberg

    submitted by /u/ilai_reddead
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    Learning from volatility: Remember some qualities of being an investor

    Posted: 28 Jan 2021 10:48 AM PST

    This week has been pretty insane for lack of a better word. Great for traders (I hope), but for new investors, maybe it was confusing, emotional, stressful, all of the above. Volatility is going to happen... maybe not quite the way this week played out, but it happens. A few weeks ago I made a post about factors to consider when buying a stock from an investor's perspective. I thought it would be helpful to talk about some of the intangible qualities that we should strive towards as well.

    1. Humility: Being an investor requires humility. It's hard not to compare yourselves to others, especially if you are on forums like reddit and you see people posting about gains. Do not compare yourself to others. Everyone's journey as an investor is different. Everyone's perspectives are different, and we all have a different tolerance for risk. We all have different life circumstances. Some devote their day-to-day looking at stocks. Others have to work consistent hours and days that prevent them from doing the same. All that matters is that you are making decisions that you feel good about and that you are taking advantage of the markets in your own way. Success in the markets should not be determined by those around you. It's determined by the goals you set out for yourself.
    2. Discipline: Emotions, emotions, emotions. Every investor will tell you to take the emotions out of investing. But it's so much easier said than done. For newer investors, some of your earlier mistakes (like mine) will occur because of emotions. When we see a stock shooting up, it's hard to fight the urge to join the hype. Your emotions are telling you that you can easily double your money! But, if you take the emotions out of the equation, would you have invested in the stock when considering your objective investing thesis? It's important to create a plan and stick with it. Your plan should be created based on industries you are familiar with or are willing to follow/learn more about. Stay away from buying stocks that do not fall under your realm of competence. This includes your knowledge of the industry as well as your lack of understanding of why/how a stock is moving.
    3. Patience: Your journey as an investor is a marathon, not a sprint. Part of the beauty of investing is growing as a person. You will see yourself becoming more well-rounded. You will see yourself learning more about how the world works. Don't worry about the day-to-day volatility, unless you see an incredible buying opportunity. Always think big picture, both in terms of your outlook on the market as well as your personal growth. In your 20, 30, 40+ years to go of investing, you will be encountered with thousands and thousands of opportunities.

    Good luck everyone!

    submitted by /u/investstayhumble
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    BB - is there value holding this stock long term?

    Posted: 28 Jan 2021 01:41 PM PST

    Today I got caught up in the hype and bought BB at 19$ at open, and then it slowly bled into 14.65 at close. Entering this position I was completely aware that this might happen, as it's a risky play. It's money that I could lose without missing it too much.

    From my research and reading DDs previously I took away that BB making some progress in cyber security and could have value long term. My reasoning was that even if the hype dies out it's a legitimate long play. However I'm still very new to all this things and doing DD and evaluating long term holds. Sitting at a loss I'm starting to doubt myself and hesitating to cut my losses.

    So I was just curious in the opinions of others, is there value in BB or would you cut your losses in my shoes? Note: not asking for or giving financial advice, just opinions.

    submitted by /u/Invariant_apple
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    AMC Stock news, what does this do to the stock?

    Posted: 28 Jan 2021 03:46 AM PST

    " $AMC ENTERTAINMENT- NOTEHOLDERS ELECTED TO CONVERT ALL $600.0 MLN OF CO'S 2.95% CONVERTIBLE SENIOR SECURED NOTES DUE 2026 INTO CLASS A COMMON STOCK CONVERSION IS EXPECTED TO SETTLE ON JAN 29, 2021, WILL RESULT IN ISSUANCE OF 44.4 MLN SHARES OF CO'S CLASS A COMMON STOCK "

    What does this mean for the stock prices of AMC?

    Sell, hold or buy more?

    submitted by /u/Forgemarine
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    Did Melvin close their positions during the dip to 120?

    Posted: 28 Jan 2021 12:06 PM PST

    I'm fairly new to stocks but find this all very intriguing. No doubt there is market Manipulation happening causing panic selling, when GME dropped to 120 did they close their positions? How can you tell if they did?

    submitted by /u/Wonder_Momoa
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    People who have been following GME

    Posted: 28 Jan 2021 01:11 PM PST

    Give it to me straight - are my 1/29 calls f*cked? My 40 grand went to 11 grand. Is there any chance I will be able to recoup even half that?

    Context:

    Everyone was saying tomorrow would be the day that GME explodes. Now it seems like people thinking are tomorrow AH or Monday instead now?

    I'm not worried about the few shares I own, but my 1/29 calls have me holding back panic attacks.

    I'm feeling really depressed so please be at least civil.

    submitted by /u/TheTieDyedPenguin
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    Is DIS worth a spot in my portfolio?

    Posted: 28 Jan 2021 11:17 AM PST

    Hey all! I started investing back in July, I'm 20 and plan on investing every week, well, forever. I'm starting right now on 200$ weekly and think I have an overall standard portfolio? Here's what I currently own.

    50% is VOO

    15% is VIG

    15% VGT

    10% ARKF

    With the last 10% I was looking for an individual stock that I thought could grow decently well. And yesterday, I bought 4 shares of Disney at its month low and plan on adding 20$ to it every week ( 10% of my weekly 200$. ) What are your thoughts on this? Is Disney a good pick?

    submitted by /u/coughingcoffee01
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    r/Stocks Daily Discussion & Options Trading Thursday - Jan 28, 2021

    Posted: 28 Jan 2021 12:00 AM PST

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme and/or post your arguments against options here and not in the current post.

    Some helpful day to day links, including news:


    Required info to start understanding options:

    • Call option Investopedia video basically a call option allows you to buy 100 shares of a stock at a certain price (strike price), but without the obligation to buy
    • Put option Investopedia video a put option allows you to sell 100 shares of a stock at a certain price (strike price), but without the obligation to sell

    See the following word cloud and click through for the wiki:

    Call option - Put option - Exercising an option - Strike price - ITM - OTM - ATM - Long options - Short options - Combo - Debit - Credit or Premium - Covered call - Naked - Debit call spread - Credit call spread - Strangle - Iron condor - Vertical debit spreads - Iron Fly

    If you have a basic question, for example "what is delta," then google "investopedia delta" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    $DSS and $Vive about to takeoff

    Posted: 28 Jan 2021 12:15 PM PST

    Take a look at $DSS and $VIVE

    Both stocks have just done a offering which are both closed now, We are just waiting for it to recover now.

    $VIVE hit $4.64 today but is now sitting around $3.56

    $DSS is sitting around $4.08

    Both are around all time lows

    I'm holding $VIVE at 1700 shares for $3.10

    and

    $DSS at 3000 for $3.93

    submitted by /u/Alkayeda1
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    Novavax says drug is more than 89% effective in late-stage trial

    Posted: 28 Jan 2021 01:45 PM PST

    Biotech firm Novavax said Thursday that its coronavirus vaccine was more than 89% effective in protecting against Covid-19 in its phase three clinical trial conducted in the United Kingdom.

    The results were based on 62 confirmed Covid-19 infections among the trial's 15,000 participants. The company said 56 cases were observed in the placebo group versus 6 cases observed in the group that received its vaccine. That resulted in an estimated vaccine efficacy of 89.3%, it said.

    The study also found that the vaccine appeared to be 85.6% effective against the U.K. variant, also known as B.1.1.7. A separate phase two study in South Africa showed that the vaccine isn't nearly as effective against a new strain ravaging that country.

    The shot was still considered effective in protecting against the virus, but at an efficacy rate of just 49.4% among 44 Covid-19 cases in South Africa where 90% of the cases contained the troubling new variant, the company said.

    full article

    I completely slept on NVAX! Hopefully this bodes well for recovery stocks. Tomorrow ideally they rise and on Monday the Johnson and Johnson data gets released (and hopefully is positive too)!

    With 2 more vaccines potentially about to get approval in the US, it looks like another turning point for recovery stocks. Cases have dropped 33% over two weeks in the US and the Israel third party vaccine data is very positive.

    submitted by /u/DracoDude1
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    Financial services member will be live on twitch tonight at 8:30 discussing GME trading halt!!

    Posted: 28 Jan 2021 01:43 PM PST

    "I'll be hopping on Twitch at 8:30pm tonight to discuss today's developments with GameStop and retail trading. 👾 Might have a guest or two join - we'll see." Check this out everyone aoc posted to Twitter she will be live tonight on twitch discussing the GME incident today hopefully we can get some insight into what action the sec or financial regulators might seek out of the ridiculous trading halt in this " fair" market

    submitted by /u/7LyLa
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    Hi Everyone, /r/stocks is back to public. There are spammers and bots, things are a mess, but the community needs to be able to talk about what they think is going on.

    Posted: 27 Jan 2021 05:11 PM PST

    I was not the one who set it to private but I made it clear that other mods do have authority. Let's look at this phase as the subreddit going through a rough patch. We will get through, but things probably won't look the same to mods or users until the admins get a handle on what is going on. If the community has tips about what they see happening, please let us know, but it will take time to respond to legitimate complaints and concerns.

    I haven't seen anything like this before. Please don't ask us to fix things immediately by blanket bans of tickers. If we close subreddits due to bots, that in and of itself could be considered capitulation or a lack of neutrality. Please do sort by top/week if you want to see something that looks more normal. Please understand that we are a little overwhelmed, but it's okay to be overwhelmed sometimes. We will figure this out, but we aren't going to change everything immediately because of the events of one day.

    Please don't spread potentially false rumors. If you do so and you have a position, it could be bad for you, personally, when those rumors turn out to be false and you close a position with a profit.

    submitted by /u/Fauster
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    Spike on Google Search but not any other chart

    Posted: 28 Jan 2021 11:47 AM PST

    Noticed when I refresh google search of "stock who may not be named" I see a spike at 2:05 and 2:10 for $431 and $430 respectively. But if I look at any other charts, there isn't a huge spike... What am I seeing? Something shady or google issue?

    submitted by /u/drewteam
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