I feel like at this point they’re just reaching and naming random stocks.
Admittedly a lot of it is probably fueled by hedge fund paid bots trying to take attention away from AMC. But I'm already in BNGO and BB is actually undervalued unlike AMC and GME. BNGO isn't getting the attention of BB but it's still getting a ton of hype all of a sudden. [Reply]
BB was an astroturf to divide fomo. Regardless of its potential, it was pushed and propped up green in a sea of red as a pump beacon this week . [Reply]
Originally Posted by Anyong Bluth:
BB was an astroturf to divide fomo. Regardless of its potential, it was pushed and propped up green in a sea of red as a pump beacon this week .
As I've said before, if you hear about a meme stock on the internet, it's already too late. [Reply]
Originally Posted by KChiefs1:
My broker is trying to get me on Samsara Luggage(SAML). They supposedly have new technology in luggage that he says will make it a good buy.
He’s been on me for a month to buy it.
They were 178 in '19, cratered & jumped to 31, and now $5...
I'm not seeing the angle. What exactly is the tech? Luggage brands in general have bled, flooded with cheap imports. [Reply]
Originally Posted by eDave:
As I've said before, if you hear about a meme stock on the internet, it's already too late.
Some truth. I bought AMC before I heard a single thing about it being a meme. Simply made a play on AMC and Hertz. Ended up 800% on Hertz, and 340% on AMC. [Reply]
Originally Posted by eDave:
As I've said before, if you hear about a meme stock on the internet, it's already too late.
You've said it before, you were wrong then and still are. I have made thousands to prove it and many others have too. I mean shit, AMC's 800% plus gains since I first brought it up here should be enough for you. [Reply]
I’ve made a lot of $ just playing hunches on what’s going on in the world AND investing in what you know. I’m an IT guy, Cisco, AMD, NVDA all played very nicely before new game console releases. Early Covid, bought Moderna at 41, sold for 149. Sure, it’s 195 now...but, pigs get fed, hogs get slaughtered. Oil, was a good move. I bought Airlines, AA, UA, DAL, Southwest all around end of 2020...folks are going to travel, as soon as they can. Not bragging, just play hunches. Lost 35K trying to time pot stocks. [Reply]
Originally Posted by Anyong Bluth:
BB was an astroturf to divide fomo. Regardless of its potential, it was pushed and propped up green in a sea of red as a pump beacon this week .
GME backers said the same about AMC in late January. [Reply]
As further proof that most people that trade in stocks, shouldn't, I give you AMCX. Apparently a lot of new people didn't even bother to look twice when they were trying to buy AMC. In the past 5 days AMCX has seen an almost 40% gain. Of course, TD Ameritrade attributes this to "Shares of several companies in the broader media sector are trading higher in sympathy with the overall market following better-than-expected May unemployment data, which boosted sentiment economic comeback sentiment."
Of course it's unemployment data and not stupidity and laziness. [Reply]
Originally Posted by MTG#10:
You've said it before, you were wrong then and still are. I have made thousands to prove it and many others have too. I mean shit, AMC's 800% plus gains since I first brought it up here should be enough for you.
Yeah, I disagree also. I made a LOT off of AMC, and it's been discussed to death all across the internet since January. [Reply]