Stocks and Trading Thread - Channeling your inner Mono

[Barrister]

I'm really surprised that GME is up so much. Expected it was just a temporary spike up into the 100s but there it goes.
Regretting not buying when I noticed it starting to go at 70 again. Hey ho.

There were far more reasons to think it was on its way to 12.

Yeah.  This stock price is completely divorced from the company's fundamentals.  Investing in it now is more akin to gambling than any kind of investment.

[Tamas]

Tesla and Square have been jumping up and down like a yoyo today.

Tesla has been almost non-stop upward. I'll short it a day or so after the stimulus bill is passed.

[Admiral Yi]

Tesla has been almost non-stop upward. I'll short it a day or so after the stimulus bill is passed.

Hmm.  Maybe Etrade's reporting is fucked up.

[Tamas]

Tesla has been almost non-stop upward. I'll short it a day or so after the stimulus bill is passed.

Hmm.  Maybe Etrade's reporting is fucked up.

Use Tradingview, especially if you don't mind having just up to 3 indicators in their free tier.

[Admiral Yi]

I used google.

[Admiral Yi]

Sold 2 Viacom 4/16 calls @125.  Strangely 125 is high as it goes.  Seems Viacom is under a short squeeze, ,price has really run up.

[Admiral Yi]

Another good thing about covered calls is you can relax when the stock is getting clobbered. 

[Admiral Yi]

Some delicate green shoots appearing after a brutal couple of weeks.

Anyone following the Archegos story?

[Admiral Yi]

Sold 3 SQ $275 calls and 1 TSLA $820 call.  Both April 30.

[crazy canuck]

My play money investments are down 42%.

Please, if I ever make noises about not needing my financial advisor, remind me about this.

[Habbaku]

Play money is play money, but it's also a good reminder of what not to do with your retirement money. 

[Richard Hakluyt]

I've gone really long and have put most of the loot into passive index-trackers; I intend to leave these investments to my kids. The rest I have turned into cash which I will spend travelling once the plague is history.

[Josquius]

So we're all forseeing a crash?

My play money investments are down 42%.

Please, if I ever make noises about not needing my financial advisor, remind me about this.

How have you managed that? Anything in particular collapsed?

[Tamas]

So we're all forseeing a crash?

In silly meme stocks? Possibly. In companies which are not grossly overvalued? Nah.

[crazy canuck]

So we're all forseeing a crash?

My play money investments are down 42%.

Please, if I ever make noises about not needing my financial advisor, remind me about this.

How have you managed that? Anything in particular collapsed?

Mainly the psilocybin medical stocks I bought basically at the top, one day they will hopefully be worth something.