Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ha, I just bought. Squeeze these shorties and bring back pop corn and movies to America! COVID going away, movies coming back, Squeeze is on. Grab them cheapies. Never EVER GIVE UP!
LMAO that GSCO is on the bid Level 2 and put out a list of their “bubble” risk plays today, included this one and we are up 14%. Makes you kind of wonder why they want our shares so bad. Stay long and strong.
AI is the new Tesla. $500 coming soon.
The boat to three dollar island is now departing. All aboard.
Anyone else smell a acquisition?
New Gold hedged but selling gold contracts. As it turned out, they were wrong and sold Gold at much lower than current market prices. Those contracts (hedges) end on December 31. Starting 2020 they will get market prices for their Gold. That alone will push this play over $3.
I am all in VIX/UVXY.
Let’s put it this way. If Dems win presidency and senate, everyone will take their 20% cap gains before 12/31. Big selling broader markets and a a lot of that money will move over to gold miners because unlimited stimulus will drive gold much higher.
If Trump wins, I will sell my UVXY trades.
Buy out or run up.
Buy out option would mean $6-8.
Run up would mean $3-5.
Calling a run up through EOY but buy out is a good possibility based on renewed balance sheet.
GLTA who held and even averaged down.
Nailed. It.
GOOD. CALL.
Whoever didn’t see this coming should not be invested. We all posted when we went short and y’all laughed. Who’s laughing now. Not the bag holders.
200 is my buy order. May even see lower.
Nothing worse than being that 3:59 pm buyer and waking up Tuesday a bag holder.
Timberrrrrrr
A lot of heading going on with these long positions. Blow off tops on broader markets?
200
Took a short position again two days ago. Maybe I am a glutton for punishment but it has paid of 2/3 times. This could get real ugly if the broader markets also correct.
3 straight days UVXY moving up with broader markets. Makes you wonder. Tomorrow should be a key day imho. If markets don’t turn, UVXY will and you’ll get your number.
We could see more legs in this market. But three ingredients that will change the flavor of this stew very soon - the upcoming election, the euphoric V shaped move, the fear of Flu season mixing with Covid season.
I would never buy this play at these valuations. No thanks
We need 3,000. New short entry point. Glad I covered yesterday am it was obvious this was going higher. Congrats longs
Nice work! It is nice to read people who have made good money on this play.
My thoughts, never fall in love with a stock. Check your emotions at the door when you buy or sell or pay the price. You think those trading platforms will keep buying into overbought territory? When All those indicators start to add up,,,,,
All I am saying is have a strategy. I won’t take a position on anything without charting an average up, down and ultimate exit strategy. Booking a profit should be number one on that list.
What if the S&P does not included Tesla? What if those committee execs think Tesla is too volatile? What if they think the current market cap would disrupt the re-balance too much? What if they pass on Tesla until Tesla actually stabilizes PPS AND does not need government subsidies to book a profit? If you were on that committee would you want want a bubble to enter the index and destabilize it?
Always have an exit strategy for the “what if.” That is a 800-1,000 point short term swing, maybe wither way.
Nope. Still short
“MMs walk this stock down EVERY DAY from 9-11AM”
Sometimes they fall when they try to turn around. It is a long way down.
Tech across the board is starting to curl over. Could be profit taking, could be a small dip. But if it is correction time, you will be skinned about 400 more points. Be nimble, be quick, don’t get hit by that candlestick.
That touch of 1927 today not a good sign for longs. It is the tell. 1927 may be the new upper range of this play. That tells me 1800 is coming quicker than you think.
The little guy (retails) is never in control. The hedgies make the rules. The decide everything.
Don’t underestimate the damaged a long wick can do to the MOMO here. When the hedgie computers start seeing it, look out below.
The hedgies are who we both need to worry about. If they stay long, it goes up. If they turn to sell, it goes down big. Trying to distinguish them from the retail guys on a Level 2 is the challenge. GL. I’ve always said I like the car (own two) but I will trade this until I don’t.
$1,997 to be exact. I have a couple of bull marks embedded in my chest but today will tell me a lot. Remember i made a lot on the AH earnings short so i am playing with their money. Even a raging bull has to stop to drink and rest. Hopefully the bear doesn’t get him then.
GLTU
Mine said there’s no such thing as a free lunch.
The market cap is now bigger than Walmart. GL with that.
Pick any stock in the history of the World and show me a chart where it went straight up forever. Even VW crashed and burned after the squeeze. See who is right on Monday. Mark the post.
No. It works same as longs. If we short a 100, we have now shorted 500 after the split. If you bought 100, you now own 500 after the split. It does requires shorts to cover more shares, theoretically at 1/5 the price.
The split could be good or bad. The good is psychologically she is cheap and so the bull runs higher. The bad is your portfolio has 5x more shares in it and taking 1/4 or 1/2 off the table looks reasonable. When that happens she will fall. As she falls, people will scurry. It could be quite the haircut. My WAG is the latter will happen.
If I were long today (and I am not) I would take all or half my profits and jump back in post split once this thing settles down and she consolidates. Be aware of the wash sales rules if you do that. She may just keep going up but I believe that hedgies will run this thing down at the first sign of blood.
See how the bull looks at 4:00 pm. Nobody can time the exact top or bottom. You got to make your plans in phases and execute. Risk in everything. I am comfortable with all my indicators we will be consolidating very soon. GLTA
...and when people have 4x the shares in their accounts end of day, they will take some off the table. And when they take some off the table we fall. That’s why I said sell AH today after market close. If I am wrong, I will gladly cover and theoretically join the herd. But I don’t think I will be wrong.