Current Affairs Stocks and shares and stuff

[Rook]

reddit/robinhooders are zeroing in on bottom of the barrel stock w/ low valuation (say in the $3-20/share range) and pumping the living @#$% out of them. AMC theaters, airlines (a couple months ago), Bed Bath and Beyond, cruise lines.

Gamestop blew up b/c it was heavily shorted, forcing the short sellers to scramble to buy whatever stock was available, followed by more robinhooders still buying.

 

[carolinablue232]

supposedly cybersecruity software. maybe some govt phones given they are less hackable because no one uses their OS dunno.

nokia also went up 15% because.......we live in a rational, stable and healthy economy

Some people are going to get absolutely crushed when reality sets in. Not that I haven’t enjoyed this irrational ride myself, but some of it is just ridiculous.

 

[Paris]

Some people are going to get absolutely crushed when reality sets in. Not that I haven’t enjoyed this irrational ride myself, but some of it is just ridiculous.

YOLO

High Short Interest Stocks

 

[mill]

I know that policy is loose, and markets are likely to be supported through further stimulus but the Bitcoin stuff, Robinhood stuff like this, Tesla and big tech valuations. It all feels like bubble territory.

I know it’s impossible to predict the timing of corrections and things, and this could all go on for a while yet, but some of the valuation metrics are scary.

The only real metric that equities don’t look expensive on is relative to bonds which are at all time expensive valuations.

All a bit worrying for me.

 

[Paris]

I know that policy is loose, and markets are likely to be supported through further stimulus but the Bitcoin stuff, Robinhood stuff like this, Tesla and big tech valuations. It all feels like bubble territory.

I know it’s impossible to predict the timing of corrections and things, and this could all go on for a while yet, but some of the valuation metrics are scary.

The only real metric that equities don’t look expensive on is relative to bonds which are at all time expensive valuations.

All a bit worrying for me.

It does feel like there's going to be a pop at some point. However, YOLO

 

[Yarrgh]

$50 on BB. All in baby. Let's see how it goes. x2 leverage and with an out set at $25 atop loss or profit!

Actually in fairness it's what I can afford to lose.

Let's go!!!

 

[Paris]

$50 on BB. All in baby. Let's see how it goes. x2 leverage and with an out set at $25 atop loss or profit!

Actually in fairness it's what I can afford to lose.

Let's go!!!

A man after my own heart.

Let's do this.

 

[Paris]

Looking for LI Auto and NIO to drop a few more before I invest more in them. Think that the rising CV19 figures in China will see to that.

 

[trueblue84]

reddit/robinhooders are zeroing in on bottom of the barrel stock w/ low valuation (say in the $3-20/share range) and pumping the living @#$% out of them. AMC theaters, airlines (a couple months ago), Bed Bath and Beyond, cruise lines.

Gamestop blew up b/c it was heavily shorted, forcing the short sellers to scramble to buy whatever stock was available, followed by more robinhooders still buying.

Saw that. All the short sell weasels are crying about how it's not fair and they're destabilising the market.

GameStop has apparently cost them $3.3bn

 

[Paris]

Saw that. All the short sell weasels are crying about how it's not fair and they're destabilising the market.

GameStop has apparently cost them $3.3bn

I love it. I hope some of them went bankrupt..

 

[Yarrgh]

I love it. I hope some of them went bankrupt..

Short sellers complaining about people 'betting' on outcomes. How small is that violin playing from everyone else?

 

[mill]

Saw that. All the short sell weasels are crying about how it's not fair and they're destabilising the market.

GameStop has apparently cost them $3.3bn

Haha the irony.

 

[ChesterBlue]

Saw that. All the short sell weasels are crying about how it's not fair and they're destabilising the market.

GameStop has apparently cost them $3.3bn

Good the ‘kin parasites. I used to work in trade support for a large bank on their credit desk and the ethics of debt trading are proper grim

 

[Yarrgh]

Roller coaster at the start of day. Now start going up BB!

 

[Rook]

I love it. I hope some of them went bankrupt..

they won't, they'll still be disgustingly rich. massively shorting companies might not be a thing in a future as they'll move on to more leveraged buyouts to bleed the companies dry.