Discussion ***Official*** 2021 Stock Market Thread

[ponyo]

Tesla Q4 earnings and update

https://tesla-cdn.thron.com/static/...ion=inline;filename="TSLA-Q4-2020-Update.pdf"

Not concerned at all with EPS miss. I see they guided conservatively at 50% YoY for this year and next couple of years. I like this new Elon. Super conservative with future forecasting. We began to see this when Zack Kirkhorn became the CFO. He's done really good job getting these reports out on time and breaking down everything and making the reports super easy to read.

It's like night and day difference how Wall St treats TSLA stock now that it's in the S&P 500. Much less volatile and stable. They would've probably killed TSLA stock in previous quarters if this report came out back then. I'm not as nervous about TSLA anymore. But then again, my position is TSLA is so much smaller now than before.

I'm very looking forward to the Semi production and love the new Model S refresh. The interior looks very cool. Can't wait to check it out in person.

PS. All the new hundred thousandaires and millionaires from WSB will buy TSLA stock and cars. Count on it.

 

[JEDI]

Chamath CNBC interview today. Chamath for CA governor!

melvin closed out of gme short and took a 100% loss.

how much was that?
and im surprised only 100%?

 

[Svnla]

AMC Theaters is up over300% while most of its locations are still not open? This is not investment but pure speculating madness.

 

[ponyo]

Listening to Tesla CC right now. Model S Plaid delivery starts next month in Feb. Yes! 0-60 mph in less than 2 seconds.

EDIT: Elon is justifying TSLA stock price. Basically he's saying TSLA is undervalued now. hehe. Makes the FSD value justifying TSLA stock price argument. I hear you Elon!

 

[Torn Mind]

AMC Theaters is up over300% while most of its locations are still not open? This is not investment but pure speculating madness.

I should have allocated a thousand to them. I was tempted before any of this broke out but was expecting a dip back to 2 dollars for them.

 

[joejoe666]

WSB is blocked now. can someone invite into WSB?

 

[ponyo]

WSB is blocked now. can someone invite into WSB?

Might be only temporary. Unless the Fed is involved. WSB went private temporarily many times last year for couple hours to like a day.

 

[joejoe666]

ok thanks. The insanity there makes it tough not to visit

 

[echo4747]

WSB banned for hateful and discriminatory content.
https://mashable.com/article/discord-bans-wallstreetbets-subreddit/

 

[PlanetJosh]

Slashgear says reddit is down not just wsb. It anyone can get in reddit let us know, it'll make me feel a little better.

Reddit Is Down: It's Not Just You Or Wall Street

This afternoon Reddit was down for a period of time starting at around 11:29 PST. On January 27, 2021, Reddit was the subject of some…

www.slashgear.com

I can't get into reddit and I'm losing money on BB now, down in after hours from mid 20's to $19 at this point. GME is sinking too. In the morning I'll sell all my BB and let you know how much I lost. Well at least my loss in percentage. edit - Ah instead of selling it all I'll just leave all of BB in and wait for other websites to muster enough support for it. It may take months or years to break even on it but if I don't sell any of it then I won't have any real money losses. And at least that'll be better for me emotionally. My Google, Amd and Apple will probably grow in value over the months ahead to make up for the paper losses in Blackberry.

 

[Svnla]

I can get in reddit just fine, but not wsb.

 

[PlanetJosh]

That's good. And maybe I won't lose too much on BB tomorrow.

 

[s0me0nesmind1]

You're seeing history in the making. They will make movie about this. The Big Squeeze instead of the Big Short.

This is bigger than when George Soros broke the Bank of England with his British pound trade. This GME infinity squeeze trade is legendary stuff.

It's just fucking weird - because that sure as shit isn't the FMV of GME - Yet it isn't something that should be shorted either.

Honestly I don't know what position to take other than I enjoy rich ass hedge fund managers losing.

 

[Aharami]

WSB is blocked now. can someone invite into WSB?

Doesn't even show up in searches

Sent from my BLA-A09 using Tapatalk

 

[MrSquished]

I can get onto Reddit but WSB, which was in my feed all day today, now says :

We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back.
The moderators in this community have set it to private. You must be a moderator or approved user to visit.

 

[s0me0nesmind1]

WSB banned for hateful and discriminatory content.
https://mashable.com/article/discord-bans-wallstreetbets-subreddit/

Wow, just wow. How fucking pathetic.

good ol' censorship, I'm SURE that will fix things and mend them to your liking.

It's like Nazism 101.


I've been to WSB about a handful of times, so I'm no huge member there, but just sad how pathetic it has become.

 

[PlanetJosh]

Wow, just wow. How fucking pathetic.

good ol' censorship, I'm SURE that will fix things and mend them to your liking.

It's like Nazism 101.


I've been to WSB about a handful of times, so I'm no huge member there, but just sad how pathetic it has become.

Wsb is back up, thank god. I got in just now. It was just a temporary private status. And as a result I've gone from minus $1k to plus $1k in after hours in BB, Blackberry. I won't go homeless if I lose the whole buy in but I'll feel better if I just stay even at the end of tomorrow.

 

[Scarpozzi]

Wsb is back up, thank god. I got in just now. It was just a temporary private status. And as a result I've gone from minus $1k to plus $1k in after hours in BB, Blackberry. I won't go homeless if I lose the whole buy in but I'll feel better if I just stay even at the end of tomorrow.

BB is a longer play and I think it's definitely got some following and some teeth. I'm in there with 630 shares and plan on holding onto it for a while. I'm tempted to look at DRIV too (EV ETF). Right now is a decent time to buy into the ETFs because everything dipped today, I think on the travel ban/covid news + Biden's oil/gas plan changes.

 

[Artorias]

That Chamath interview was glorious, and the interviewer was so full of shit.

When the establishment looses they get bailed out for losses, and they have the gall to go after the retail investor, fuck the retail buyer right?

 

[JEDI]

That Chamath interview was glorious, and the interviewer was so full of shit.

When the establishment looses they get bailed out for losses, and they have the gall to go after the retail investor, fuck the retail buyer right?

melvin closed out of gme short and took a 100% loss.

how much was that?
and im surprised only 100%?

 

[Scarpozzi]

melvin closed out of gme short and took a 100% loss.

how much was that?
and im surprised only 100%?

That's not a high enough percent for the carnage that's about to happen. Could they have sold them to a firm they own or setup to shield their assets from getting liquidated?

 

[FelixDeCat]

A 61% spike in the volatility index...





Ill bet no one saw that one coming!

 

[njdevilsfan87]

I never ever wake up at 4am for premarket... but tomorrow I am. Some of the WSB favorites tanked in the last hour of extended trading due to the subreddit going down, so I'm up for some dip buying (if futures aren't a bloody mess).

 

[ponyo]

I never ever wake up at 4am for premarket... but tomorrow I am. Some of the WSB favorites tanked in the last hour of extended trading due to the subreddit going down, so I'm up for some dip buying (if futures aren't a bloody mess).

I used to wake up before 4am all the time when I was all in TSLA. And it just became part of my routine although recently I've gone back to more normal relaxed state and waking up later and later since I'm not so stressed about the market anymore since my exposure is so much less now.

This morning I woke up late, right before 7am. I checked GME and saw it had mooned to high of $513 in the premarket. So I checked prices of AMC, BB, and NOK and while they were ok, they hadn't gone crazy. Volume on everything was still relatively low. I wanted to buy before the mass retail was able to at 7am so I tried to quickly log in to my IB Pro account which allows premarket trading starting from 4am. By the time I could finish logging in, 7am hit and volume in everything spiked and prices spiked as well. I had to modify my order and chase to get my fill. I hate chasing and it usually end up badly when I do. But the Boomer in me wanted to finally play and I picked up some NOK shares because it's the most Boomer like stock with huge 5.8 billion float. That's huge float and just too large for retail to push around and move much. But I'm not counting on retail for NOK. I'm counting on all the Boomer hedge fund and money managers who's seeing these massive gains in WSB favorites and want to play too because of FOMO. They need liquidity and big float stock. I'm hoping they will join retail in NOK. At least that's my thought process for this trade.

 

[Roger Wilco]

Maybe it's time to go all-in on Nokia and party like it's 2006. I feel like Nokia has been waiting for this very moment to release the N-Gage 2.

These are the short squeeze attempts that I am currently aware of.

- AAL
- NOK
- GME
- AMC
- ERIC