Trying ;)
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There is so many reasons that should be true, but that crash catalyst just hasn't shown its face. So you have to wait till it is set in motion else you loose your shirt on SQQQ (I have!). Not saying it's not comming (probably is ... Dec maybe) only that there has to be clear signal of market downturn.
There are no shares lol. AMC Fails to Deliver Jump 2700% – Tremendous
https://tremendous.blog/2021/11/04/amc-fails-to-deliver-jump-2700/
Where is that Roll call? Here! Think it's going to be a exciting day ahead! Go AMC!
Yea. I concur ... and a nice premium on thoes puts!
Great call on lcid ... just started production but I might be a little late to party ... more new in Nov with earnings so maybe not that late!
Yep, many many years!
I'm out, but I've been fighting this market for so long. We have record Highs inspite off mounting huge national debt, QE and tapering, inflation/stagflation, supply chain issues and shortages, a economy wrecked by COVID (mom and pop restaurants and small bussinesses permanly closed), worker shortages (because of???), bad employment numbers (so how can people not work with worker shortages?), bad GDP, a government unfriendly to most businesses ... it really is a endless list so
What is good? Umm the stock market? Is that it? Someone speak up--what am I missing???
In the dot com era I asked friends why they were investing in companies that didn't make money. They said because it keeps going up! We know how that ended. Same for junk bonds, and I guess I can put crypto in there too. Ow I have crypto but it goes against what I know about investments.
Well, everyone seems to say a crash will come and 2022 will be a recovery ... but it's almost 2022. What gives?
Well I probably shouldn't complain about making money while it's there to be made, it just a bit crazy!
Wish there were current posters!
It was just a quick 20sec vid of them processing a harvest ... no words ... not missing anything big.
You are talking secondary IPO so look at others with SPO. Yes, it is dilution as more shares are in market but if you look at other SPO they don't effect PPS by any great amount. That's because the capital raised is used for some benefit, like expanding operations, paying down debt etc. Also, some SPOs don't get publicly traded. In other words, it depends.
That said, what impact does it have on short shares? On shares held not for sale? I still have shares "not for sale" along with millions of others!
Here ... morning Roll
Unfortunately, MJ reform is in the back pocket, probably hostage for 2022 election .., like 2020 election. Gov just has more very serious things to deal with at the moment, like it's most basic functioning, sad, but true.
Still here lol
Yea watching ... was in at $29 ... I'll double down around $20 and put breakeven around $25. I still think this is long term hold.
Yea. I can't figure this out. I watch the futures and seems a bump there after/before market becomes a crash in regular markets. And here we have a nice post market bump so...???? I averaged this down from $13 down to $8 and then just totally bailed on 24,000 holdings as a loss at $7.5. Maybe mid Nov might be good to get back in if budgets not passed or negitive view ... it's about sentiment vice fundamentals for sure!
Only 1170 posts? He must of purged a few
Lol, I can't believe you're still hanging around here ... too funny!!!!
Here Roll...
There is a time for it ... just don't look like it's now.
Yea I sold all after hours. I hate taking losses and running as is that "buy high sell low scenario" ... and this probably go through roof now that I'm out. But minimizing loss/risk/gain on short time/daytrade time frame is only game here. Being long a short just didn't pan out! Now to make it up lol!
Yea, I think I better cut losses ... it tough but this rock falling fast...
I have to agree a bit of day trade ... buy 7s then sell 2-4% gains ... over time can yield good return on small dips. But I'm betting market collapse so long short. Am getting crunched though.
Hope good theata works for ya. Sentiment speaks louder then fundamentals it seems, but doesn't last as long ??
Dang. Not a lot of choices ...
I look at printing and borrowing differently. With borrowing, its debt (national debt) that puts off payments for a *later time*. Ideally it's borrowed in recession and paid back in prosperity *later times*. Thus, it takes out out the "bump" in economic times by controlling money supply. Of course, the paying back never happens when it should, because, well, there is just more money to spend -- yes our mononitary policy sucks.
With printing, well, it is also that *later time* when we can no longer borrow because too much debt and/or no one to borrow from. Borrowing from fed reserve, QE in essence, is also not sustainable long term. So printing will come ... not going to be pretty--yea, going to be very ugly. Perhaps time to move cash to third world country? They are already talking minting $1T coin so were probably are not far off.
Buy volume 11.5 while sell vol 11.1 and it's down so where is your "normal selling"? Explain that??? Further, thats AMC on bout any given day. there hasn't been any "normal" trading here in many months as more buys then sell means the stock goes up. Explain that. I'm listening!
I can think at least a dozen reason more! What I can grasp is why I just this market is up the way it is! Reminds me of asking my friends why they were buying dotcoms... they said because "it keeps going up" -- that didn't end well! Seriously guys, tell me a couple reasons this market continues to goes up???? Please!
Well I added another 20k+ shares thinking that way but put couldnt pull trigger on another 30k as may need to average down more...yea would be happy averaging up as already down on around $10 average. A bump past $9.50 would make me feel more at ease vice alternative considering minimizing loss. Ah, what the heck, it why we play this right?
Think you're right about thoes forces but they have been in place for quite some time now. The question is why the market hasn't responded yet and what I hear is Needs a catalyst to kick it off. I've seen several prospective catalysts come and go but non seem to phase this crazy market. its like everyone knows it will hapen but it just doesn't get the kick.
Depending on theta of your calls, but close to 9 ... and could see 10s soon. Still a good play! I've always liked the smart way you trade!
7.50 may have to wait the way NASDAQ dove. Can't complain about 8% gain in a single day!
No disagreeing, just pointing out, aside from insiders, there is only around 200m available for trading and thoes are held by *us* ... so it's probably "our" ask and bids you're seeing. And yes small volume.
FYI. I used to have 100k share buys at .01 to .03 ... I haven't started that up again. But I will say it was rare they would hit my limits. But if someone truely wanted "out" I'm sure they would of hit. I'm sure I'm not the only one with low hanging fruit bids. I just think what we are seeing is some of "us" are testing the waters here.
Now, If big news came out, and buy demand appeared (might be there already), it still may not equate to "volume" if there are no sellers (ask) at the bid. The question, since the sellers are "us", what shares have we put on the table to allow volume? FWIW I have no trades.
And you think there is volume to be had? Who is selling to make that volume available? It doesn't take much volume to jack price when little is available.
Roger that! Waiting is all part of game!
Here but lurking ... hi ya roll
You have it backwards, the shorts are the ones driving this down ... sec should investigate them. They should do a share recall ... that would fix it lol.
Still here roll... lol
So, sounds like you're saying don't buy "sham" so a little surprised by your bottom line "don't sell" is it a buy or a sell?
Jp, I saw .08 too. But the bid/ask gap is often bigger after hours. Right now it's .048 during normal trading and Low volumeI'm not considering selling at .08 but might try putting in buys at .02/.03 just to see if I can.
Speaking of buy,, I did check webull and trading is not yet allowed. I use Webull for crypto trading ... nice pre market hours too but slow to transfer funds. Haven't tried fidelity or schuab. So question is what is open for trading? Anyone know?
I have read that. My big takeaway was even the opposition was opposing legalization. Rome wasn't built in a day but getting it off the federal list is job one!
Problem is, then when a lot of juice gets added to a bill, opposition to the bill goes up because there are more reasons to oppose it. It not that the overall bill is overwhelmingly desired, but rather a few elements are not what's desired. Just saying.
Looking like it's in buy range again ... how low will it go? Thoughts?