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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 07-08-2021, 07:57 AM   #10516
Chazno Chazno is offline
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Climbing back, AMC GME.
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Old 07-08-2021, 08:32 AM   #10517
lewdog lewdog is offline
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Good thing I sold what I had in AMC yesterday
Lame as ****.
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Old 07-08-2021, 09:35 AM   #10518
Hog's Gone Fishin Hog's Gone Fishin is offline
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Good thing I sold what I had in AMC yesterday

DUMBASSHOLE!

Not financial advise. Entertainment purposes only.
Last edited by Hog's Gone Fishin; 07-08-2021 at 10:09 AM..
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Old 07-08-2021, 09:42 AM   #10519
MTG#10 MTG#10 is offline
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Good thing I sold what I had in AMC yesterday
****FACE
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Old 07-08-2021, 10:26 AM   #10520
MTG#10 MTG#10 is offline
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MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.
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Old 07-08-2021, 10:28 AM   #10521
displacedinMN displacedinMN is offline
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What is happening today?

Worry or profit taking?
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Old 07-08-2021, 10:28 AM   #10522
MTG#10 MTG#10 is offline
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Quote:
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Good thing I sold what I had in AMC yesterday
YEAH GOOD THING NOW HUH MOTHER****ER???
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MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.MTG#10 is obviously part of the inner Circle.
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Old 07-08-2021, 10:35 AM   #10523
Hog's Gone Fishin Hog's Gone Fishin is offline
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YEAH GOOD THING NOW HUH MOTHER****ER???

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Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
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Old 07-08-2021, 10:39 AM   #10524
KChiefs1 KChiefs1 is offline
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KChiefs1, are you still considering selling?

Hell no I’m hanging on this rocket ship to the moon!

I might sell if it got down to $30 but I’m still holding.
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Old 07-08-2021, 10:39 AM   #10525
KChiefs1 KChiefs1 is offline
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Good thing I sold what I had in AMC yesterday



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Old 07-08-2021, 10:46 AM   #10526
lewdog lewdog is offline
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What is happening today?

Worry or profit taking?
The market is extended from the 50 day moving average by a decent amount as indexes hit all time highs between last week and this week.

10 of the past 13 days have been green.

I worry what building some of you will jump off of when the market “corrects” by more than 2-3% in a short time. A 10% correction may kill some of you, let alone a 25-50% bear market.
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Old 07-08-2021, 11:00 AM   #10527
Peter Gibbons Peter Gibbons is offline
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Hell no I’m hanging on this rocket ship to the moon!

I might sell if it got down to $30 but I’m still holding.
I don't mean to be flippant, but are you at all worried that it will try to "go to the moon" via shortcut path through the center of the Earth? At this point, that seems like a very realistic possibility for a stock where the price is artificially high and not supported by good fundamentals. For your sake, I hope that does not happen.
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Old 07-08-2021, 11:03 AM   #10528
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What is happening today?

Worry or profit taking?
It's a whole bunch of stuff. Recovering well and my crypto barely moved while BTC got ****ed. And AMC stood strong.
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Old 07-08-2021, 11:06 AM   #10529
lewdog lewdog is offline
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It's important to follow where the market is in relation to moving averages. There will be red days but the entire trend is still up. It's simply small corrections/profit taking that you see. Here's the SPY chart since March to help explain. Blue line is 50 day moving average.

Short term changes will NOT be linear. Short term changes also only matter to traders. If you aren't a short term trader, check the trend 1-2x a month and leave it be.


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Old 07-08-2021, 11:26 AM   #10530
DaFace DaFace is offline
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I worry what building some of you will jump off of when the market “corrects” by more than 2-3% in a short time. A 10% correction may kill some of you, let alone a 25-50% bear market.
Relatedly, my worry is that we have an entire "generation" of "investors" who have learned that fundamentals don't matter and that big risks are better than sound strategy. That works somewhat in a long-term bull market, but if things go south, the first things that go with it are going to be those risky investments.

I'm rooting for the AMC guys, but a stock like that is always potentially 24 hours away from dropping into the single digits.
Last edited by DaFace; 07-08-2021 at 11:31 AM..
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