Looks like round 2 in the GME saga. Holy crap. I quickly bought 100 shares of AMC at $8 for the hell of it. I figure the downside is 25% and the upside is much, much higher than that. GME is a totally different story.
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Screw the Stock Market...
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I have some shares in FUBO -- as of the last report it has the same short% as GME, though the shorts could have covered quite a bit on FUBO yesterday.Part of it is based on academic grounds. Among major conferences, the Pac-10 is the best academically, largely because of Stanford, Cal and UCLA. “Colorado is on a par with Oregon,” he said. “Utah isn’t even in the picture.”
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It is interesting to watch how traders change their preferences on stock markets. The quarantine has given am impetus to the shares of companies providing remote services. This tendency is clearly highlighted on every forex website. It is enough to read the latest reviews and publications on the tradersunion.com site. It will allow you to choose the right strategy to trade.Last edited by jieiks; 03-28-2021, 12:18 AM.
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The slack channel that was setup for a fantasy football league (bunch of old friends and acquaintances) has turned into a day trading discussion mostly focused on crypto and GME/AMC. Kind of funny but also a bit sad. Who knew that landmen and engineers were knowledgeable about crypto fundamentals and short interest percentages
Sent from my iPhone using Tapatalk"Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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PetroleumOriginally posted by BigFatMeanie View PostNot sure what kind of engineers you're talking about but software and computer hardware engineers (OK, fine, I'll throw the needle-neck wanker mathematicians in there too) pretty much invented crypto.
Sent from my iPhone using Tapatalk"Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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I opened up a Fidelity account for my son as a high school graduation present a couple of years ago. He mostly let it sit for 2 years, but has had renewed interest this year, especially since the whole Gamestop thing. He bought a bunch of AMC a few months ago. He had been sitting at a 29% loss until 2 days ago, when it jumped and all of a sudden he is now showing a 35% profit. Just sold it off today.
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Brutal week for equities. Next week could potentially see another 10% haircut.
Also, bummer for those that thought Crypto would be a good store of value:
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