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Thread: Technology Stonks Investing and Trading

  1. #1741
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    Quote Originally Posted by vengie View Post
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    Been very patiently waiting for the news on this!

    Microvast and THCB DA has been signed
    https://www.bloomberg.com/news/artic...th-tuscan-spac
    Battery tech is a very neat space. Oshkosh is one of thier customers, and they are a very neat company. Whole thing sounds very neat.
    Let's all work on positivity this week.

  2. #1742
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    Congrats Vengie! I sold the news this morning. The SPACS I have been long on have been very fickle lately.

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    Quote Originally Posted by ExtraSlow
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    ***not understanding pre-market***
    are we millionaires yet?
    Let's all work on positivity this week.

  4. #1744
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    Quote Originally Posted by vengie View Post
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    Been very patiently waiting for the news on this!

    Microvast and THCB DA has been signed
    https://www.bloomberg.com/news/artic...th-tuscan-spac
    sweet, congrats man!

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    Quote Originally Posted by Team_Mclaren View Post
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    does that mean 30mm got covered?
    That would be the assumption, but something doesn't smell right. Should be a sharper drop outside of 1 min if that's true. Still no shares available to short on IBKR. Trading is a lot slower today than last week. This may be an ugly week for everyone.
    Last edited by The_Rural_Juror; 02-01-2021 at 08:47 AM.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

  6. #1746
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    Are there shares to buy? My smooth monke brain is only reading beyond for my news of this stocks movements.
    Let's all work on positivity this week.

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    All the retail investors are tapped out and “spent their last $527” on it already haha

    Or anyone new is just waiting for a dip. This is getting boring now. I was here for the excitement.

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    AMC is the only meme flying today.

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    Silver pump seems to be working. Not getting involved in that though.

  10. #1750
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    Yup, they might have switched over to silver. The case there is superobvious, in addition to Trump printing, Biden is going in for $1.9 trillion right off the bat.

    Shorts deserve to be slaughtered on that one.

    BTW: It is easy to bring up silver quickly because of the amount of paper silver. Nickel on the other hand is pretty much controlled by the LME spot price. Basically the Queen has a heavy say on what the price of nickel should be and is not as easily manipulated to the upside. That being said: If the Queen should decide its time to mess up the US dollar, Nickel would be the way of choice for a monarchy to do it.

    Its not over for GME until the last hedge fund exits though.

    Reminder: The Canadian dollar (loonie) to 2012 was 7 grams of nickel until the mint deemed it too valuable to use on the plebs.
    Last edited by ZenOps; 02-01-2021 at 09:49 AM.
    A copper penny is 3 cents.

  11. #1751
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    I thought Citadel was a the 5th largest holder of SLV and pumping it helps the enemy. People losing focus chasing the next thing.

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    The bots are sowing confusion.
    Let's all work on positivity this week.

  13. #1753
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    Robinhood not allowing exercising of options on GME because it's over their limit.

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    Who needs options. Just buy the stock. You'll like the stock.
    Let's all work on positivity this week.

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    Quote Originally Posted by phreezee View Post
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    AMC is the only meme flying today.
    Waiting for the takeoff.

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    GME go bye bye

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    Quote Originally Posted by ExtraSlow View Post
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    Who needs options. Just buy the stock. You'll like the stock.
    You would generally never exercise a call option, but they were doing it so the hedge funds would get assigned. For example, Citron tried to hedge their shorts by selling OTM call options.

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    Quote Originally Posted by phreezee View Post
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    You would generally never exercise a call option, but they were doing it so the hedge funds would get assigned. For example, Citron tried to hedge their shorts by selling OTM call options.
    One of the ways to hedge shorts is by buying call options, not selling. Shorts lose money when the prices go up. Call holders make money when the prices go up. Selling call options increases VaR exponentially.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

  19. #1759
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    Right about now would be the time for a reversal, if Thursday was any indicator.
    A copper penny is 3 cents.

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    Quote Originally Posted by The_Rural_Juror View Post
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    One of the ways to hedge shorts is by buying call options, not selling. Shorts lose money when the prices go up. Call holders make money when the prices go up. Selling call options increases VaR exponentially.
    Andrew left was boasting he was collecting premiums on deep OTM call options. This is before GME broke $100.

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