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    Home Unlabelled Stock Market - This needs to be said about GME and the information you are finding here and WSB 💎🤲🚀

    Stock Market - This needs to be said about GME and the information you are finding here and WSB 💎🤲🚀

    February 02, 2021

    Stock Market - This needs to be said about GME and the information you are finding here and WSB ������

    This needs to be said about GME and the information you are finding here and WSB ������

    Posted: 01 Feb 2021 10:36 AM PST

    I love the energy behind this movement! WSB has become a decentralized hedge fund the likes of which the investment world has never seen before!

    But all of you new guys arriving here over the past few days need to understand something:

    I walk into a casino, sit a slot machine, pull the handle and hit a jackpot. I tell you to try it, so you pull the handle and hit a smaller jackpot! It seems that this particular machine is paying out! Now there are a crowd of people all taking turns, pulling the handle and getting paid!

    The casino manager sees this, he closes down the casino to investigate.

    Upon reopening the casino, the slot machine is no longer paying, but people are still trying.

    All of us here, all of wsb and reddit are just the customers in the casino. Even our combined buying power is just a drop in the ocean compared to the leverage that institutions can access.

    The GME story caught them off guard, it was a unique situation that is not easily repeatable.

    Now that the hedge funds have had time to analyze and understand the situation, the algos have been adjusted and with every passing day the odds of the little guy winning here are dropping dramatically!

    u/diamondhandthotslyr posting 💎GME💎🤲🏻💎🚀🚀💎🚀🦍🦍🚀 and getting +1000 upvotes may feel all warm at fuzzy at the moment, but it is not sound advice!!!

    No amount of diamond hand emojis change the actual fact that more retail were selling than buying last week: https://i.imgur.com/rz8I3Vt.png

    (source: https://www.bloomberg.com./opinion/articles/2021-01-29/reddit-traders-on-robinhood-are-on-both-sides-of-gamestop )

    Short squeezes can, and do end as fast as they begin. Go look at the NOK chart to understand.

    You new guys, do not feel as if you are going to miss out if you don't buy GME! There will always be more opportunities, be patient, take time to watch and learn!

    submitted by /u/StockJock-e
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    Robinhood’s ratings are back to where they belong!!

    Posted: 02 Feb 2021 05:35 PM PST

    Billboard! Went full retard!���� North of Dallas along super busy I-35

    Posted: 02 Feb 2021 07:06 PM PST

    SEC Charges Robinhood Financial With Misleading Customers About Revenue Sources and Failing to Satisfy Duty of Best Execution

    Posted: 02 Feb 2021 06:13 AM PST

    After years of considering it, I finally opened a long position in Amazon today at 3:40 PM. Jeff Bezos resigned 25 minutes later.

    Posted: 02 Feb 2021 05:39 PM PST

    $AMZN Amazing interview of Jeff Bezos before becoming famous ����

    Posted: 02 Feb 2021 03:48 PM PST

    Can somebody help me out here? I’m new on Reddit and just bought into GameStop. When I try to post any of the stock market related communities, it says my karma is too low.

    Posted: 02 Feb 2021 12:09 PM PST

    Can somebody help me out here? I'm new on Reddit and just bought into GameStop for a share as a sign of solidarity. When I try to post I'm any of the stock market related communities, it says I'm on a three day suspension because I don't have enough karma points. How we supposed to get the karma points if you can't leave a comment anywhere? Am I gonna have to go to some cooking subreddit or something like that and post for a few weeks to get a bunch of those before I can go on any of these other subs? I'm really at a loss for what to do here can somebody please let me know if there's a work around for this? I'm loving Reddit but it really blows to not be able to interact.

    submitted by /u/ElDuderino4ever
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    This isn't wallstreetbets folks

    Posted: 02 Feb 2021 06:56 AM PST

    Enough already. In a span of two days this sub has suddenly turned into WSB's little brother.

    If you're planning to post anything involving memes, "hold the line on GME!", rocket ships, or calling others retards (affectionately or not), take it over to WSB please. It's not welcome here.

    As a reminder:

    "Welcome to /r/StockMarket! Our objective is to provide short and mid term trade ideas, market analysis & commentary for active traders and investors. Posts about equities, options, forex, futures, analyst upgrades & downgrades, technical and fundamental analysis, and the stock market in general are all welcome."

    submitted by /u/SirGasleak
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    Robinhood should be held accountable!!����

    Posted: 02 Feb 2021 05:30 PM PST

    Things are about to get weirder on Wall Street...

    Posted: 02 Feb 2021 06:43 PM PST

    Jeff Bezos steps down from Amazon... and why I’m buying $BB tomorrow because of it.

    Posted: 02 Feb 2021 02:24 PM PST

    The guy who is taking over Jeff Bezos is Andy Jassy, CEO of AWS.

    The same Andy Jassy from this article about BlackBerry IVY:

    "AWS and BlackBerry are making it possible for any automaker to continuously reinvent the customer experience and transform vehicles from fixed pieces of technology into systems that can grow and adapt with a user's needs and preferences," said Andy Jassy, CEO of Amazon Web Services, Inc. "Through this joint effort with BlackBerry, we will provide automakers with the insights, capabilities, agility, and speed they need to thrive in an increasingly connected world. As automakers seek to race ahead in their digital transformations, BlackBerry IVY empowers them to build their brands and set the standard for connected vehicle services across the automotive industry."

    link

    With Andy Jassy at the helm, I anticipate that the AWS/BlackBerry's partnership will receive more attention and resources than previously expected. $BB stocks are also trading at a discount due to the RH/GME fiasco.

    Position: 300 shares of BB

    submitted by /u/louis_lafaille
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    Here are our EYES and EARS to Stocks and the Shorts... Please be informed

    Posted: 02 Feb 2021 11:44 AM PST

    Keep this resource to the top, Upvote if you are in this WAR.

    In WAR you need scouts. These are our scouts. If you are Trading, HOLDING and tracking a stock these are the best FREE tools at our disposal that I know of. BE INFORMED and HIT THEM HARD

    Use this to check SHORT sellers. It is updated every "15 minutes" This is our scout to the shorts current feelings. When the available shares go down the SHORTS are attacking.

    https://shortablestocks.com/

    Use this to track the stock with up to the minute quote. You have to enter your stock

    https://www.otcmarkets.com/stock/CYDY/quote#level-2

    SQUEEZE the shorts till they hurt and return their borrowed shares.

    submitted by /u/Midnightjester123
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    Your portfolio is down 70%

    Posted: 02 Feb 2021 05:20 PM PST

    Elon Musk talking about AI and giving an interesting example

    Posted: 02 Feb 2021 01:02 AM PST

    I built a site that combines social medias and keeps track of the most talked about ticker symbols

    Posted: 02 Feb 2021 02:30 PM PST

    Over the past few months, we have all seen the power of social media, and its ability to move markets. A combination of stimulus checks and time over quarantine has bred a huge influx of a new generation of investors. A generation that largely trades on social media trends and research posted on sites like reddit, YouTube, tiktok, and twitter. When quarantine started, I found myself constantly switching between different social media sites to find the next big stock, read research, and hear what my peers had to say regarding the current state of the markets. That's when I came up with the idea to combine them into one, make all the posts searchable, and begin to collect data to see the correlation between social media trends/sentiment and the stock market.

    As a result, I built a site that takes posts from 10 different subreddits on reddit as well as from thousands of popular investing twitter, YouTube, and tiktok users and places them into one searchable and organized place. The site also keeps track of the most talked about ticker symbols and places them under "Trending". I've also been using all the posts I've been collecting (tens of thousands a day) to perform sentiment/data analysis and do further research on how social media trends can influence markets and the results have been pretty cool. The site will alert you every time a new ticker symbol begins to trend on the site and will include sentiment analysis on all the posts it has collected on that ticker over the past 24 hours. I also go more in depth and share the data between social media sentiment, popularity, hype and price movement every week in a newsletter and make recommendations based off what I've found.

    This project has taken me a few hundred hours but has been super fun to work on and I've really enjoyed reading through everything the site has been collecting, especially at a time like this. I really believe it could serve as a useful tool for anyone interested in trading stocks.

    With the site being brand new, would love to hear feedback/opinions as well as any suggestions for future features.

    StockCompiler

    submitted by /u/notdjc
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    Why You Should Get Into Long Positions of Cannabis

    Posted: 02 Feb 2021 06:01 PM PST

    This is not a post about GME...Or DOGE...Or AMC

    This is my opinion on one of top growth plays of 2021

    Cannabis will be one of the top performing markets in 2021 for many reasons:

    1) Mexico is set to legalize recreational marijuana this year, becoming the largest country (~128 million people) in the world to do so. https://www.reuters.com/article/idUSE1N2BP014

    2) The US voted to legalize recreational marijuana in Arizona (7.3 million), Montana (1 million), and New Jersey (~8.9 million) https://www.cnn.com/2020/11/04/politics/marijuana-legalization-2020-states/index.html

    3) The US is pushing legislation, (with a Democratic majority in house and senate) to fully decriminalize marijuana in the entire US). there's currently 15 states that still don't allow even medical marijuana...so this is huge. https://www.cnbc.com/2021/02/01/cannabis-reform-senators-say-they-will-push-pot-bill-in-2021.html

    4) Dispensaries are quite profitable, which means more of them will continue to open to serve these markets (will get bogged down by permits, but once things are legalized, the permitting is easy enough). More demand, more need to service the demand, thus more supply from our Cannabis companies. https://americancannabisconsulting.com/how-profitable-is-the-average-cannabis-dispensary/

    ​

    So who to invest in?

    That's a good question because not all companies are created equally. Some are dumpster fires, and others have incredible growth potential. Here are my recommendations based on their fundamentals and their long term growth potential in the North American continent. Outside companies cannot officially come into the US market until it's legal on a federal level. But once that happens (likely in 2021), look no further than our friends in Canada (a.k.a America's Hat)

    APHA - Canada's top producer, grew 74.4% last year. Merging with TLRY to for the largest marijuana company in the world (by revenue).

    CGC - Also Canadian, they are ready to also enter the US market, and have gotten some significant investments ($4 billion) from Constellation Brands (STZ), the parent company of Corona beer. They have some issues with profitability, but they have invested heavily in expansion.

    GWPH - UK based, these guys are using CBD in novel pharma drugs. They are pretty good at losing money, but they seem to be turning things around lately. Revenues grew 51% year over year. Decent investment outside of just the growers

    ​

    I am not a financial advisor, and I don't think I'm qualified to give financial advice. I wanted to give you some insights into what I think will be the Long play of 2021. Do your research and let me know what you think

    submitted by /u/SneakyDadBod
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    Corsair wins patent infringement case. Coupled with Q4 2020 earnings report and a conference on 2/11, CRSR is a reasonable pick for a short turnaround or a longer term hold.

    Posted: 02 Feb 2021 01:46 PM PST

    Robinhood will regret siding with wallstreet!

    Posted: 02 Feb 2021 06:31 PM PST

    Bloomberg has silver at an all time high and then literally puts out an article hours later about how it is tanking...think for yourself before you invest. Take the media with a grain of salt.

    Posted: 02 Feb 2021 05:55 AM PST

    My experience, after my first month of investing, and getting caught up with GME

    Posted: 02 Feb 2021 01:25 PM PST

    Hi,

    I'm 21, and I've always been financially very responsible, especially as a lower income worker.

    Mid December I found a brokerage and started to learn the ropes of investing, trying blue chip stocks, pies and even trying the hot meme stock.

    It wasn't long until I found a few companies I became personally invested in, having done dozens of hours of research and understanding the potential for growth of the company to capitalise on the short term.

    I had a good little portfolio going and in my first month I was up £2000 from my initial investment.

    Then a week and a half ago, on a Monday morning, I caught wind of the hype around GME. I had my first ever severe case of FOMO and I liquidated all my current positions and went all in GME.

    At my peak I was up £50,000, completely life changing money, this sum would allowed me to dig myself out my hole and find a career I love - instead of working the job I hate right now just to stay afloat.

    Upon waking up today, it was like the entire narrative just changed, everywhere but WSB was critical of GME, and even I was starting to see misinformation spread around in WSB. I waited all day for a redemption story, as the price dropped further to my average, and I spent 8 straight hours reading as many polarising opinions as possible to try and find out who was lying to me. I still don't really know.

    Now, as of market close I just sold at a 1.5k loss, only up £500 of my initial investment. (Please don't let this discourage you, this is not me trying to get anyone to sell and I may still regret it).

    I reopened my positions I held prior to buying GME as I spent the past week watching good news come their way, and I wanted to get back on track with some healthier investing.

    I don't know how I'm going to sleep tonight, having missed that kind of money. I don't know how I am going to get out this bad head space I put MYSELF in.

    I am putting this out there as I imagine this is the first step to becoming an investor and I would just like to hear a few opinions and words of advice.

    I want to escape this poverty bubble so badly, so why did I make all the wrong choices?

    submitted by /u/War_St
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    Serious question, if brokers like RH had a capital problem, why restrict certain stocks instead of putting restrictions on the amount a person can trade overall? Why single out certain stocks?

    Posted: 02 Feb 2021 06:36 PM PST

    I get that the "meme" stocks were the highest volume. But brokers like RH said they didn't have the capital to allow so many trades.

    But instead of restricting the stocks, why not give each person a value limit to how much they could trade instead? I dunno, like $1000 a day then work themselves back up or something. That way, traders/investors still have the freedom to trade what they want and it would not come off as manipulative. And it fits the brokers' narrative that they needed more cash/capital.

    Volume is only going to increase imo. These headlines are just bringing in more traders. People might think since GameStop is back to 80 bucks that it will scare off the newbs. But what people are really seeing is that GameStop shot up close to 500 and they think it can happen again with them or another stock.

    I'm mostly with Merrill and the restrictions started with GME and AMC first. Then you got alerts for BB, BBBY, Express, Koss, FIZZ, and even CXRFX and AXDVV.

    I dunno, I just think no matter how you go about it, if you single out stocks, it's going to come off as market manipulation. If a broker really doesn't have the money and time to handle such volume, I think they should just put a cap on the amount a person can trade/margin overall until they get themselves fixed up. Don't just take their right to buy certain stocks.

    Yes, I think some of these meme stocks were bad ideas for traders, but I'm still an American and believe in the free market.

    submitted by /u/Take_Notice_Walk
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    But I'm not mixing up holding and selling

    Posted: 02 Feb 2021 05:24 PM PST

    Many of us today ��

    Posted: 02 Feb 2021 05:52 PM PST

    $RIGL - Small biopharmaceutical company set for a breakout 2021 and beyond

    Posted: 02 Feb 2021 06:30 PM PST

    Rigel Pharmaceuticals is a relatively small biocompany with a market cap hovering around $600m. Their drug Fostamatinib was approved for the treatment of ITP by FDA in 2018 and EMA/Canada approved in 2019/2020. They've seen reasonably strong year over year growth (~39%) and this year will have made just over $60 million in net sales (and around $40 million in recognized revenue from other sources).

    There have been a few exciting studies that have been released this passed year about Fostamatinib's potential role in the treatment of Covid and non-Covid ARDS which can be an enormous opportunity for a current unmet need.

    Some background: Fostamatinib is an orally taken drug approved for the treatment of ITP; a disease which causes the immune system to destroy blood platelets. It's also in a fast-tracked stage 3 study for wAIHA; a disease which causes the immune destruction of red blood cells.

    How this plays into Covid: The same immune pathway fostamatinib acts on (SYK) that causes blood platelet and red blood cell destruction is now believed to cause neutrophil destruction in severe covid patients. This neutrophil destruction, or NETosis, is usually done in a highly regulated way that helps the body to fight pathogens by spilling out the contents of the neutrophils into the blood serum which is a sticky net-like substance. However, if done in excess this can cause the fluids in the lungs to become thick and fibrotic, and the blood serum to clot leading to thrombo-embolic events and multi-organ failure. The evidence for fostamatinib preventing NETosis was confirmed when the National Institute of Health performed a study (linked below) where they applied fostamatinib to severe covid patient blood serum and demonstrated a complete cessation of neutrophil destruction which was returned to baseline levels.

    Additionally, early in the year Harvard and MIT researchers released a study where they indicated the protein mucin-1 as being a potential target for Covid-19 as they found it to be elevated in patients with severe symptoms. Mucin-1 is released by goblet cells in the lungs and can be found in great abundance in Covid-19 patients, much more than normal. Normally, this protein can serve to protect the lungs from viral or bacterial invaders but too much can clog the lungs and make it difficult to breathe. The researchers ran a screen of 3700 drugs and found only one FDA approved drug that can inhibit mucin-1 and preserve cellular integrity - fostamatinib. The interesting thing is that this finding is believed to apply to more than just Covid ARDS/ALI but may potentially tie into viral and bacterial pneumonias as well as conditions like cystic fibrosis and COPD. In an interview with thefly the CEO suggested the non-covid ARDS opportunity here may be much larger and more enduring than the covid opportunity.

    Further, early in 2020 the University of Amsterdam determined that patients with severe symptoms were having what is called a cytokine storm. Cytokine storms can cause difficulty breathing, and potentially lead to tissue damage, and thrombo-embolic events. They determined the mechanism that was causing this cytokine storm was the production of anti-igg antibodies. When they took these antibodies from severe patients and placed it into serum without the severe symptoms they were able to replicate the cytokine storm in vitro. They understood that SYK inhibition could likely block this cytokine storm from taking place and used the SYK inhibitor fostamatinib in vitro and demonstrated complete inhibition.

    Just as an aside, in 2019 before Covid was a known entity the company had completed a rat study where they were able to prevent acute lung injury using fostamatinib.

    Due to the number of different targets fostamatinib may play on severe covid it's believed that results from the covid clinical trials will be unprecedented. Further, the company is hopeful that these results will be a springboard into the treatment of non-covid ARDS as well.

    ​

    Covid trials :

    Phase 3 company sponsored [Received $16.5 million grant from the Dept of Defense - announced on Friday 01/29/2021.] CEO suggested a Covid partnership was in the works "because the opportunity is just so large."

    Phase 2 NIH and Inova sponsored

    Phase 2 Imperial College of London

    Phase 2 results to be announced early in 2021 which will be supplemented with any available phase 3 results to seek emergency use authorization (if the results are compelling.)

    ​

    Beyond Fostamatinib the company has a robust drug discovery program. They currently have an Irak1/4 inhibitor and a RIP1 CNS program that have completed phase 1 clinical trials and partnerships are set to be announced early this year. They also have a number of out-licensed drugs that are in on-going trials by other companies; Rigel receives milestone payments for these drugs, has the potential to earn stepped royalty payments from sales, and have no performance obligations.

    Links:

    Harvard and MIT peer-reviewed study

    https://www.cell.com/cell-reports-medicine/fulltext/S2666-3791(20)30181-630181-6)

    University of Amsterdam cytokine storm research

    https://www.biorxiv.org/content/10.1101/2020.07.13.190140v1.full.pdf

    National Institute of Health NETosis study

    https://academic.oup.com/jid/advance-article/doi/10.1093/infdis/jiaa789/6046406

    CEO company presentation at JP Morgan on 01/14/2021

    https://jpmorgan.metameetings.net/events/healthcare21/general_signin?gpu_only=true

    Pipeline

    https://www.rigel.com/pipeline/

    January slideshow of company overview

    https://d1io3yog0oux5.cloudfront.net/_bef6964e32b3f4ed8a2db9acc82022c3/rigel/db/708/6000/pdf/Rigel+Corporate+Presentation-January+2021.pdf

    submitted by /u/Gay_Demons
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    Reasons why running stop-loss orders is terrible idea right now. And a refresher on risk management

    Posted: 02 Feb 2021 05:39 PM PST

    If they keep us diving a wave of stop-loss orders will trigger, which means the price will really plummet HARD soon. They can likely see your stop-loss order in the public order book right now and know how much they need to ladder to make your sell order trigger. We should consider turning off our stop losses NOW or else they will keep doing this till we are in the ground. There isn't much time left. If we do this then we can hold out till the next series of covering. Hold and let the interest on their margin compound against them. People need to hear about this now, please. Not financial advice, I'm not an advisor.

    ALSO This is why it's so important to only play with money that you are 100% fine with losing right now. It's stupid to buy if you plan to daytrade, this is chess, not checkers. DO NOT panic sell. a volatile market is subject to fluctuation. So it is important to research and hold over the weekend, faithfully. It doesn't matter if all you can afford is one share. Everyday you hold is another day the interest builds up for them.

    submitted by /u/spicyoral
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    AMC & GME Charts - do you see what i see?

    Posted: 02 Feb 2021 05:01 PM PST
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