Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Played the AMC stonk

1234689

Comments

  • Baseman
    Baseman Member Posts: 12,379

    HHusky said:

    HHusky said:

    Some enjoy the casino.

    I bought SYY and NYCB this week. I prefer investing.

    #tortoise

    I got a fuck ton of free capital (taxable ofc) to invest with! Im a broke college kid so this actually gave me a head start!
    I wish you good luck. But I’ll remind you that you have oodles of time to let things grow.
    I know. I turned ~ 8.5k into 48k+ through dogecoin, various cryptos, gtt options calls and amc. Im doing well. Probably going to get into some blue chips when i feel they’re being undervalued. Im in some ETFs and nvidia (cant wait for the split).
    I'm in the NVDA and it's jumped $100 in 4 weeks with people talking about $1,000 price targets.

    I'd take profits at $850 or sell ATM or ITM calls.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,563 Founders Club

    I don’t care. Money is money. Market fundamentalists are weeping.

    As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

    Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

    The real value is that you're learning to invest and play the game at a young age.
  • backthepack
    backthepack Member Posts: 19,942

    I don’t care. Money is money. Market fundamentalists are weeping.

    As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

    Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

    The real value is that you're learning to invest and play the game at a young age.
    I’ll be doing cocaine off coug co-eds backs soon. But yes. Im as diversified as I can be will still maintaining gains with the capital I have.
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,755 Standard Supporter
    Bought back in on AMC @ $49.30. Let's see if I can make a quick $3-4 a share by the end of the day.
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,755 Standard Supporter

    Bought back in on AMC @ $49.30. Let's see if I can make a quick $3-4 a share by the end of the day.

    Sold at $51 and change. Not much, but it pays for a nice meal out.
  • backthepack
    backthepack Member Posts: 19,942
    Bought the dip
  • dirtysouwfdawg
    dirtysouwfdawg Member, Swaye's Wigwam Posts: 14,597 Swaye's Wigwam

    AMC is going to get to $100

    Hurts my heart to see GME back at $300. Cost basis was $30 and sold during the crash at $88 to salvage something. Was up 100k on a ~8k initial investment

    Yea?
  • PostGameOrangeSlices
    PostGameOrangeSlices Member Posts: 27,688

    AMC is going to get to $100

    Hurts my heart to see GME back at $300. Cost basis was $30 and sold during the crash at $88 to salvage something. Was up 100k on a ~8k initial investment

    Yea?
    I think so
  • dirtysouwfdawg
    dirtysouwfdawg Member, Swaye's Wigwam Posts: 14,597 Swaye's Wigwam

    AMC is going to get to $100

    Hurts my heart to see GME back at $300. Cost basis was $30 and sold during the crash at $88 to salvage something. Was up 100k on a ~8k initial investment

    Yea?
    I think so
    I’m holding then…
  • MikeDamone
    MikeDamone Member Posts: 37,781
    edited July 2021

    Bought back in on AMC @ $49.30. Let's see if I can make a quick $3-4 a share by the end of the day.

    Sold at $51 and change. Not much, but it pays for a nice meal out.
    A nice summer salad with crisp green apple slices, blue cheese crumbles and candied walnuts and an oaky Chardonnay? That’s a nice meal defined.