patrick.net

AMC closes at $26.5. Did not HODL. May have to join the shorts at some point.

GME @ 254.

If I had bigger balls I could have made a killing on this.

Instead I put $30k on petroleum stocks. Up $20k in about a month.

I only have 30 GME and I wish I had rolled the dice bigly, but I guess I’m just too cautious.
I activated margin at Vanguard and I could have gambled a lotta dough on it.

Maybe someday there will be something else that is so interesting.

Institutional doesn't like to go into a long weekend worring about their shorts, so they they go neutral, so the garbage might take off. If so, plan on Tuesday is to buy an atm put expiring friday on the dog shit names.

Everything is going nuts now. Even some genuinely shitty stocks are overpriced now too.

I think it might be increased expectations of inflation driving the stock market up.

Booger says

Everything is going nuts now. Even some genuinely shitty stocks are overpriced now too.

Agree. Roaring 20's??

Patrick says

I think it might be increased expectations of inflation driving the stock market up.

I agree with this as well.

The stock market is an attractive alternative to bonds, so stocks continue to rise.
This is because interest rates are not that high.

There are guys around the world who have “new money” coming in every month. They're rich.

They decide what they want to buy: 1. Bonds 2. Stocks
Lately they’re buying stocks.

Of course there are bullshit non profitable companies that rise too, sometimes index funds and ETFs own the crap too.

GME back to $250. Sheesh.

$LPI oil stock, I'm up double in about 2 months. Insanity. This was my biggest play yet.

Everything I own today is green.

Not sure how long this'll last.

I do worry that any significant rise in rates will hit the stock market very hard, but I can't think of any other reasonable place to put money at the moment.

Still got my original sell order in at 1000 for GME. If I hit it, great, if not hodl.

Patrick says

I do worry that any significant rise in rates will hit the stock market very hard, but I can't think of any other reasonable place to put money at the moment.

Silver.

My Swiss stock ETF is doing okay so far.
FLSW.
I'm putting some of my GME winnings there when I sell my shares.

Holy shit, it's still in the triple digits.

Wow.

GME at $293...

I think the Bible says money for no work is evil. I guess when I shuffle off my mortal coil they’re sending me down to Hades.
😈

It's running. $331.

Lol, still causing pain for the shorts:

https://finance.yahoo.com/quote/GME?p=GME&.tsrc=fin-srch

$218

Patrick says

Lol, still causing pain for the shorts:

https://finance.yahoo.com/quote/GME?p=GME&.tsrc=fin-srch

$218

Wow. That's fantastic. Forgot I even owned GME till you bumped this thread Patrick.

I fucking love my GME.
I wish I had rolled the dice and bought 100 grand worth of it.
Meanwhile, I’m twiddling my thumbs waiting for shitty BABA to go up a bit so I can “domp eet!”
Neither is a lot of my money.
At least I don’t have any ridiculous Bitcoin, how I hate losers telling me to buy it.
I’m tempted to tell them what I really think, but I bite my tongue and say “uh-huh, yeah, Bitcoin....”
Call me prince Harry, I changed the subject to myself.

clambo says

At least I don’t have any ridiculous Bitcoin, how I hate losers telling me to buy it.
I’m tempted to tell them what I really think, but I bite my tongue and say “uh-huh, yeah, Bitcoin....”
Call me prince Harry, I changed the subject to myself.

Yeah, discussing BTC intelligently is annoying. Until the person you're talking with realizes it's a MLM scheme and the bottom WILL fall out, it's not a conversation worth having.

If they understand what it is and trade in and out or play with house money, then a conversation can be had. Otherwise I've stopped on all crypto threads here for the most part. It's all just pumping. I played in penny stocks years ago, joined forums, the language and attitude is no different. Everyone knows they're going to lose their ass, but they are hoping to time it and try to sell it to everyone else as they walk out the door.

GameStop has risen 22% in 3 days as meme-stock fans cheer rumors of an ethereum-based coin powering its NFT efforts
https://markets.businessinsider.com/news/stocks/gamestop-stock-price-rumors-ethereum-based-loopring-backs-nft-2021-11

LOOPRING zkRollup Layer2 for Trading and Payment
https://loopring.org/#/

Falsification of history on Yahoo Finance:



They say the high for that date is 120.75. I know it was at least 330 on that date, because I sold there.

So now why are they lying about the past?