jaisonline Posted February 19, 2021 Author Share Posted February 19, 2021 Really screwy stock market today as of 10:25am. Lots of green including the 10 Y Treasury Yield. Now 1.333% ! Quote Link to comment Share on other sites More sharing options...
exciter1 Posted February 19, 2021 Share Posted February 19, 2021 1 minute ago, jaisonline said: Really screwy stock market today as of 10:25am. Lots of green including the 10 Y Treasury Yield. Now 1.333% ! I'll work on them and see if we can get it bumped to 1.5% 1 1 Quote Link to comment Share on other sites More sharing options...
jaisonline Posted February 19, 2021 Author Share Posted February 19, 2021 39 minutes ago, exciter1 said: I'll work on them and see if we can get it bumped to 1.5% Hitting 1.5% today or Monday will cause major sell offs 1 Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted February 19, 2021 Share Posted February 19, 2021 Any remaining GME 🙌 here probably should escape the sinking ship yesterday Quote Link to comment Share on other sites More sharing options...
exracer327 Posted February 19, 2021 Share Posted February 19, 2021 33 minutes ago, Darth_Raichu said: Any remaining GME 🙌 here probably should escape the sinking ship yesterday Yesterday? lol, the time to jump ship on GME was Jan 27. If they haven't sold by now, well... time to learn a new phrase "tax write off". Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted February 19, 2021 Share Posted February 19, 2021 11 minutes ago, exracer327 said: Yesterday? lol, the time to jump ship on GME was Jan 27. If they haven't sold by now, well... time to learn a new phrase "tax write off". Lol if we want to play that game, then 1/29 was not a bad day either Quote Link to comment Share on other sites More sharing options...
exracer327 Posted February 19, 2021 Share Posted February 19, 2021 14 minutes ago, Darth_Raichu said: Lol if we want to play that game, then 1/29 was not a bad day either True, but I sadly think many thought it was going even higher on 1/29. Quote Link to comment Share on other sites More sharing options...
cladner Posted February 22, 2021 Share Posted February 22, 2021 (edited) looking like its official between cciv and lucid motors NEWS PROVIDED BY Churchill Capital Corp IV Feb 22, 2021, 17:55 ET https://www.prnewswire.com/news-releases/lucid-motors-to-go-public-in-merger-with-churchill-capital-corp-iv-bolstering-lucids-vision-to-redefine-luxury-performance-and-efficiency-in-the-sustainable-electric-vehicle-market-301232846.html seems like this would be good news but stock is mainly tanking seesawing after hours. probably something to do with the $2.5 billion PIPE. at $15 a share and resulting dilution. but still - bit of an over-reaction imo but it will be messy. Edited February 22, 2021 by cladner Quote Link to comment Share on other sites More sharing options...
spener90 Posted February 23, 2021 Share Posted February 23, 2021 Bought some more CRSP today. Not sure if it has been mentioned in here yet, but it is down considerably from the highs, and starting to become a bit more reasonable today. Will look to add to my position over the next few months if it stays this way or goes lower. Quote Link to comment Share on other sites More sharing options...
jaisonline Posted February 24, 2021 Author Share Posted February 24, 2021 From reading Twitter and TV segment on $cciv / Lucid Motors, I think this SPAC is a great history lesson for traders of future SPACs. Many retail investors learned the hard way about not taking profits (or at least trimming), how SPACs work merger-wise, what happens when they be target (non-blank) company causes such high demand, and how evaluations & PIPEs influence stock price post-announcement. anyway, I slipped late last week on ice while walking the wife to the car (luckily, no internal hemorrhage) & now finally getting back to normal so trying not to type much. Good luck fellas. This week is def a test for the market. 2 Quote Link to comment Share on other sites More sharing options...
BricksBrotha Posted February 24, 2021 Share Posted February 24, 2021 1 hour ago, jaisonline said: From reading Twitter and TV segment on $cciv / Lucid Motors, I think this SPAC is a great history lesson for traders of future SPACs. Many retail investors learned the hard way about not taking profits (or at least trimming), how SPACs work merger-wise, what happens when they be target (non-blank) company causes such high demand, and how evaluations & PIPEs influence stock price post-announcement. anyway, I slipped late last week on ice while walking the wife to the car (luckily, no internal hemorrhage) & now finally getting back to normal so trying not to type much. Good luck fellas. This week is def a test for the market. Yikes, glad your ok. Our drive way looks like a skating rink right now. 1 Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted February 24, 2021 Share Posted February 24, 2021 Can anyone explain WTF is happening with GME ??? 2 Quote Link to comment Share on other sites More sharing options...
TANV Posted February 24, 2021 Share Posted February 24, 2021 13 minutes ago, Darth_Raichu said: Can anyone explain WTF is happening with GME ??? It's going to the moon, that's what's happening! In all seriousness...no effin clue. 1 1 Quote Link to comment Share on other sites More sharing options...
Foreman Porgy Posted February 24, 2021 Share Posted February 24, 2021 (edited) 1 hour ago, Darth_Raichu said: Can anyone explain WTF is happening with GME ??? Looks like it’s consolidating aroud $140.00 but volume is getting lower. Edited February 24, 2021 by Foreman Porgy Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted February 24, 2021 Share Posted February 24, 2021 4 minutes ago, Foreman Porgy said: Looks like it’s consolidating aroud $140.00 but volume is getting lower. Maybe the better question is, who bought when it was $45 earlier today ? Quote Link to comment Share on other sites More sharing options...
Bricklectic Posted February 24, 2021 Share Posted February 24, 2021 9 minutes ago, Darth_Raichu said: Maybe the better question is, who bought when it was $45 earlier today ? Or who bought those .15 $100 calls? Poised to make 300x return if it opens at current levels. Nuts nuts nuts! 1 Quote Link to comment Share on other sites More sharing options...
coelian Posted February 25, 2021 Share Posted February 25, 2021 4 hours ago, Darth_Raichu said: Can anyone explain WTF is happening with GME ??? Fell asleep with the kids and now awake at 215am on the moon. Wtf lol. 1 Quote Link to comment Share on other sites More sharing options...
Kekskrabbe Posted February 25, 2021 Share Posted February 25, 2021 16 hours ago, Darth_Raichu said: Maybe the better question is, who bought when it was $45 earlier today ? I was lucky enough to do so - after getting burned earlier and promising myself not to jump on rockets again I can’t ride... well - here we go again 👻 Quote Link to comment Share on other sites More sharing options...
Cheese Posted February 25, 2021 Share Posted February 25, 2021 Market is now moving to growth/vaule stocks, the so called established old economy stocks with low p/e ratios and increasing revenues and EBITA. Increasing bond yields is the cause and that has spooked the market. Look chart on the 10YR Treasury bond in the last week! Although in a wider context, its still lot lower than what it has been historically, hence, if you believe over-reaction, fill your boots and buy the dip. 1 Quote Link to comment Share on other sites More sharing options...
Leopard Posted March 2, 2021 Share Posted March 2, 2021 I was lucky enough to get in CCIV at $11 and sell completely the night before the merger. We all kinda know the stock would dip after the announcement since people love to sell then buy back in but I never thought it would drop significantly. CCIV is still great to buy between $25-$35 though. The stock will hit $200’s by next year, it’s a long hold. I am still holding GME...I actually like the company and believe their future is bright under Cohen. Once the earnings report and GameStop’s company vision gets announced in a few weeks, it will shake things up. I don’t think many fully understand how the potential and upside is MASSIVE... Quote Link to comment Share on other sites More sharing options...
KShine Posted March 2, 2021 Share Posted March 2, 2021 On 1/29/2021 at 11:04 PM, jaisonline said: Let’s see if $RKT gains some traction Are you still riding the RKT? I sold 1/3 of my holdings in the low 30's. Quote Link to comment Share on other sites More sharing options...
jaisonline Posted March 2, 2021 Author Share Posted March 2, 2021 2 hours ago, KShine said: Are you still riding the RKT? I sold 1/3 of my holdings in the low 30's. Ha. I wish. Had cheap $25 RKT March 19 Calls. Only paid $1.94 per contract. Closed at $16.68 today. Granted, I did use the cash toward CCIV / Lucid Motors though Quote Link to comment Share on other sites More sharing options...
KShine Posted March 3, 2021 Share Posted March 3, 2021 2 hours ago, jaisonline said: Ha. I wish. Had cheap $25 RKT March 19 Calls. Only paid $1.94 per contract. Closed at $16.68 today. Granted, I did use the cash toward CCIV / Lucid Motors though I am looking to move into some CCIV - Valuations on the SPACs are tricky. Quote Link to comment Share on other sites More sharing options...
Steveyj1 Posted March 3, 2021 Share Posted March 3, 2021 Not sure if your into OTC Pink Sheet stocks, Excellent Fintech, Crypto Bitcoin play AXXA check it out. https://finance.yahoo.com/news/exxe-group-reports-record-revenues-143500233.html Quote Link to comment Share on other sites More sharing options...
elmaslıefendi Posted March 3, 2021 Share Posted March 3, 2021 Treasury yields went way up, not sustainable, but in the short term, especially if it keeps going, it'll be poison for stocks & commodities, gold & silver in particular. If you want to buy metals, keep an eye out on the yields/rates, if they rise it's a buying opportunity for au & ag as it pressures the price. Ideally the rates would be zero or negative (like it is already 98% of the time) for stocks & metals. But the rising yields spark hope for naive investors that the market picks up again & that's what matters, even if the fed clearly states they don't even think about raising rates until 2024... Maybe it's best to wait until the dust settles... if it even does at this point & we don't end up in a major 40% crash by May Quote Link to comment Share on other sites More sharing options...
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