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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
neech 05:31 PM 03-23-2021
Originally Posted by MTG#10:
Dumped my remaining shares of GME at $180 today, made almost $15k on it overall. Now it'll probably moon in a couple weeks even after missing earnings today but I can't complain.

Undecided about what I'm going to do with AMC, will wait and see what it looks like premarket I guess. My average is a little over $9/share after averaging up a few times. The market manipulation on Fri really damaged my confidence on the squeeze play, there's not much of a point when you're up against a foe that doesn't have to play by the rules. There are a ton of people on Reddit, Stocktwits and Yahoo Finance talking naked shorts and are convinced this is just a setback and it will still moon eventually so I'm going to play it by ear. I do have a stop loss set with it @ $10 so worst case I still pocket a couple G's.

UWMC and CCIV will be long holds, UWMC will easily hit $13+ by EOY and I think CCIV will get back in the $40 range once Lucid starts moving some cars. My only other stock left after mass liquidation last week and yesterday is APHA which I'm currently down around $2/share on. But when they merge with TLRY soon I should turn a nice profit it on it as well.

Now looking for a play to YOLO my GME earnings on. :-)
I'm holding onto the AMC its a pure gamble play for me, but at some point I'll have to decide to get out maybe I'll give it another month or so.
Not like I have a whole lot of money in it. Maybe 350 dollars of stimulus money. My other three stocks that I have in this speculation portfolio aren't doing much better but it will change I'm confident.
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eDave 05:36 PM 03-23-2021
My little dip into what you guys do has been full of suck. Of my $2K buy in, I'm left with $661.64.
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neech 05:46 PM 03-23-2021
We all knew that stock in particular carried a lot of risk I'm not going to blame anyone I'm an adult. And who's to say it won't take off eventually we'll see.
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Mr_Tomahawk 05:50 PM 03-23-2021
You guys are sucky friends!
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eDave 05:54 PM 03-23-2021
Originally Posted by neech:
We all knew that stock in particular carried a lot of risk I'm not going to blame anyone I'm an adult. And who's to say it won't take off eventually we'll see.
It's still mirroring GME earlier and that bounced up pretty well and I know that doesn't mean jack crap either.
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Hog's Gone Fishin 06:03 PM 03-23-2021
This thread is full of funny
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Hog's Gone Fishin 06:04 PM 03-23-2021
Originally Posted by Mr_Tomahawk:
You guys are sucky friends!
How bout that BBKCF!
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Rain Man 06:19 PM 03-23-2021
Get out of AMC and put it into a place called Blockbuster, people. You can pick out any of thousands of movies.
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neech 06:54 PM 03-23-2021
An interesting mutual fund that has a great track record I've found is Bridgeway Ultra Small Company Market Fund (BRSIX).
This fund carries a higher risk but that can give nice returns and has an okay dividend.
However I myself wouldn't give more then 5 percent of your total portfolio to the fund personally.

Morning Star gives it a five star rating.

Performance ratings:

1 Yr +88.20%

3 Yrs +16.70%

5 Yrs +18.51%

10 Yrs +12.42%

YTD +37.90%

U.S. News evaluated 399 Small Value Funds, it ranks number 2 for them.
[Reply]
jjchieffan 07:21 PM 03-23-2021
Originally Posted by lewdog:
How many holding ZOM?

Lol!!!
I'm still sitting on 5000 shares. I sold 6000 at $2.69 and decided to hold the rest. I guess that I should have sold everything. I think that it'll still be over $3 this year, but I would have been smarter to just buy back in at this level. But, it doesn't matter. I have a .16 average and just made$15k on the ones I sold, so it's not hurti g me to hold these and wait it out.
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lewdog 08:13 PM 03-23-2021
Originally Posted by Hog's Gone Fishin:
Uh oh! Dumbass Chris says get the fuck out of AMC NOW! Never heard him jump ship so strongly either.

https://youtu.be/VyAO8LfwXkY
You mentioned earlier that he's a multi-millionaire, how does he make his money?
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Hog's Gone Fishin 08:51 PM 03-23-2021
Originally Posted by lewdog:
You mentioned earlier that he's a multi-millionaire, how does he make his money?
Books
Stocks
Youtube
He does private options coaching by the hour

I don't know what else but these youtubers are making a killing.
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Buehler445 11:17 PM 03-23-2021
Originally Posted by lewdog:
How many holding ZOM?

Lol!!!
I've got like 2 shares LOL.

It hasn't broken support. Yet.
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MTG#10 04:36 AM 03-24-2021
Woke up to under 10 premarket, canceled my stop loss. I just can't quit you AMC.
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MTG#10 06:07 AM 03-24-2021
And it's green. AMC dead cat bounce today or recovery?
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