Current Affairs Stocks and shares and stuff
- Thread starter Paris
- Start date
- Status
Blueclouds
Player Valuation: £35m
Apparently not. Still 140% shorts
Yarrgh
Player Valuation: £80m
This is correct as far as I can read.
Today and tomorrow comes the real big squeeze.
The whole stock market is dropping as this singularity sucks up the cash. All my normal long term investments (that sound rather grandiose for the small amount I have in the market as I only just started last December) are plummeting but the GME I bought this week (along with NOK and BB) are on rocket projectory.
I have made close to 700 off almost nothing for just taking a daft punt on Tuesday morning. I think to close all 3 before too long and then get in on the next thing with half of that money and re-invest the other half sensibly. Long term I don't see these YOLO style WallStreetBets lasting before they get crushed but in the short term they're good to go, and once they fade away, the sensible re-investment will come back to its normal levels and create some serious interest gains.
My only regret is that I bought some GME a few weeks ago as a daft short term hold due to its rapid rise. If I'd have held that $50 would now be $1500. Who knew?
Yarrgh
Player Valuation: £80m
Seen silver being mentioned more and more often. I know that silver was being targeted to $25 and it's above that now. Also the gold/ silver ratio is extremely skewed towards gold compared to historical values, and silver has big industrial usage that looks to increase in the near future. I normally trade a few dollars a day on gold as long as it's sitting in a nice channel that is fairly predictable as to the highs and lows in that channel. I don't think this is a WSB investment but maybe a sensible one - Just stay out of the mad house of leverage if you do.
Yarrgh
Player Valuation: £80m
up to 500 in the minute since i posted. Ay carumba!
Efcjake
Player Valuation: £80m
Its very reminiscent t Joseph Kennedy quote about knowing it was time to get out of the market before the great depression when he started getting unsolicited stock tips from shoeshine boys.
This is mental
Yarrgh
Player Valuation: £80m
It's true. It's a big con. Can't open NAKD pre-market. Booo!
Yarrgh
Player Valuation: £80m
Edit: Since making this post I put 200 on and tool at 20% profit. Insane. Can only imagine what people with 10s of 1000s are doing.
Freetrade is good, made some money on it so far. Use link below and you get a free share of a random company, last one I had was £20 for free
- Status