User Panel
[#1]
Originally Posted By apexcrusade: By Wallace Witkowski 'A long-buying tsunami ... is the primary factor for the price move,' short-selling expert from S3 says GameStop Corp. (GME) shares soared Wednesday in an apparent short squeeze, but one analyst who specializes in information on short selling doesn't think that's the case. GameStop shares surged more than 60% Wednesday -- which would be its largest one-day percentage gain ever, according to Dow Jones data --more than a week after short interest on the videogame retailer's stock exceeded the number of shares outstanding. At last check, more than 125 million shares had traded hands in the day's session, compared with a 52-week daily average volume of 6.5 million shares. While GameStop has 69.8 million shares outstanding, short interest on the stock rose to 71.2 million shares on Dec. 31 from a previous 68.1 million shares, according to FactSet data. On Monday, GameStop shares finished up 10% (https://www.marketwatch.com/story/gamestops-stock-shoots-up-after-reaching-agreement-with-activist-investor-2021-01-11) after it reached an agreement with activist investor RC Ventures to add three of its members to the board, and advanced less than 0.1% on Tuesday. Also, on Monday, the company said holiday same-store sales rose 4.8% and that digital sales had jumped 309%. While noting that shorts definitely were a part of the buying binge, Ihor Dusaniwsky -- the head of predictive analytics at financial technology and analytics firm S3 Partners, which specializes in analyzing data on short selling -- said he doesn't agree that GameStop's price surge was the result of a squeeze. "GME's board shake-up and stronger holiday sales is causing a long-buying tsunami, which is the primary factor for the price move," Dusaniwsky said in emailed comments. "While I agree that we are seeing some shorts squeezed out of their positions due to massive mark-to-market losses today, this is much like the chicken-and-egg question -- did long buying lead to short covering\squeeze or short covering\squeeze lead to long buying?" Dusaniwsky believes it's the former. "We will not be seeing a massive drop in shares shorted over the next few days, more like a 10%-20% drop which would mean 7 to 14 million of shares covered, which is nowhere near the almost 70 million shares traded this morning," the analyst said. "Long buyers are the primary force driving GME's stock price up. " GameStop shares have skyrocketed more than 500% in the past 12 months, compared with a 16% gain in the S&P 500 index and a 42% rise in the Nasdaq Composite Index . -Wallace Witkowski; 415-439-6400; [email protected] (END) Dow Jones Newswires January 13, 2021 14:48 ET (19:48 GMT) Copyright (c) 2021 Dow Jones & Company, Inc. View Quote Cough, cough, bullshit. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
[Last Edit: sitdwnandhngon]
[#2]
I saw POWW on reddit this morning, thought it wouldn't move much so I didn't grab any.
Should have expected that. If you look at Olin and Vista Outdoors, both are sitting at $28 right now. POWW might end up around the same if people are loading up on ammo stock. |
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"The problem with some people is that they are still alive" - Grumpy Cat
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[#3]
GameStop made people millionaires today.
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Uncle
Sam's Misguided Children |
[#4]
ZOM 0.87
Must be a sign |
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[#5]
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[#6]
Hmm, back in to ZOM after hours at 0.88.
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[#7]
Originally Posted By CamelPatriot: Hype died down obviously. View Quote Huge drop in volume today vs the rally. I think it's a good company to hold, especially at sub $500M valuation... but I fear the temptation management will have to dilute the shares. Lots of money on the table for them right now if they wanted to grab it. Anyways, I bought some at 0.87 for overnight hold. Just because I hate sleeping i guess. |
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[Last Edit: Osprey61]
[#8]
Originally Posted By CamelPatriot: Big AH MVIS drop. View Quote Good idea to take to AH pricing with a grain of salt. It rarely has any impact on the following day's open. Seriously. This is the front page from MVIS's most recent AH's action, taken straight off the NASDAQ. See all the single digits? People buying ONE share, or two or three? It's meant to walk the price up or down, and means very little. Stupid game played by day traders who think they're "moving" the tape. It's actually called "painting the tape". The exception is when AH is accompanied by huge volume. Today's volume so far is 420K. Peanuts. 17:37:32$6.25 20 17:37:19$6.29 1 17:37:13$6.29 100 17:37:12$6.26 500 17:36:57$6.29 125 17:36:37$6.26 148 17:36:26$6.29 25 17:36:07$6.29 3 17:35:29$6.26 15 17:35:27$6.29 5 17:35:22$6.29 1 17:34:55$6.28 6 17:34:52$6.26 10 17:34:44$6.26 225 17:34:32$6.25 71 17:34:30$6.26 100 17:34:22$6.25 2 17:34:19$6.25 165 17:34:18$6.25 2 17:34:02$6.26 100 |
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[#9]
Originally Posted By Osprey61: Good idea to take to AH pricing with a grain of salt. It rarely has any impact on the following day's open. Seriously. This is the front page from MVIS's most recent AH's action, taken straight off the NASDAQ. See all the single digits? People buying ONE share, or two or three? It's meant to walk the price up or down, and means very little. The exception is when AH is accompanied by huge volume. Today's volume so far is 420K. Peanuts. 17:37:32$6.2520 17:37:19$6.291 17:37:13$6.29100 17:37:12$6.26500 17:36:57$6.29125 17:36:37$6.26148 17:36:26$6.2925 17:36:07$6.293 17:35:29$6.2615 17:35:27$6.295 17:35:22$6.291 17:34:55$6.286 17:34:52$6.2610 17:34:44$6.26225 17:34:32$6.2571 17:34:30$6.26100 17:34:22$6.252 17:34:19$6.25165 17:34:18$6.252 17:34:02$6.26100 View Quote Ah, thanks that makes sense. |
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[#10]
Dumped a bit of money into ZOM yesterday and it was doing good. Today, well, at least my MVIS gains buffered my ZOM losses.
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Originally posted by: KA3B
Honestly, what in the fuck are you trying to say? Are you typing with a Playskool keyboard or what? |
[#11]
Originally Posted By Dr-G: Dumped a bit of money into ZOM yesterday and it was doing good. Today, well, at least my MVIS gains buffered my ZOM losses. View Quote |
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[#12]
TANH is seeing some chatter on Reddit.
EV/Clean energy company, and Biden has an announcement about clean energy plans coming up. They haven't seen any major spikes, and were at $4 before a big offering in November. |
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"The problem with some people is that they are still alive" - Grumpy Cat
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[Last Edit: Admiral_Crunch]
[#13]
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"I'm like some kind of evil retard Santa Claus that makes you buy your own toys." -beitodesstrafe
"I keep hearing 'must have a dialogue,' but I keep being told to shut up when I speak." -Sand_Pirate |
[#14]
Originally Posted By Whippet06: I'm currently down $1400 on ZOM but I'm not worried. The feeding frenzy will start up again soon. Plus we can be pretty sure it will happen before the end of March. The stock is on peoples radar and they know when market launch is scheduled. FOMO will bring them back. View Quote Yeah. I want to pick up some more if it drops. |
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
[#15]
Originally Posted By Osprey61: Good idea to take to AH pricing with a grain of salt. It rarely has any impact on the following day's open. Seriously. This is the front page from MVIS's most recent AH's action, taken straight off the NASDAQ. See all the single digits? People buying ONE share, or two or three? It's meant to walk the price up or down, and means very little. Stupid game played by day traders who think they're "moving" the tape. It's actually called "painting the tape". The exception is when AH is accompanied by huge volume. Today's volume so far is 420K. Peanuts. 17:37:32$6.25 20 17:37:19$6.29 1 17:37:13$6.29 100 17:37:12$6.26 500 17:36:57$6.29 125 17:36:37$6.26 148 17:36:26$6.29 25 17:36:07$6.29 3 17:35:29$6.26 15 17:35:27$6.29 5 17:35:22$6.29 1 17:34:55$6.28 6 17:34:52$6.26 10 17:34:44$6.26 225 17:34:32$6.25 71 17:34:30$6.26 100 17:34:22$6.25 2 17:34:19$6.25 165 17:34:18$6.25 2 17:34:02$6.26 100 View Quote Good post, I did not know that. Of course, I know very little about the subject matter at hand... |
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Psalm 144:1 Praise the Lord my Rock, who trains my hands for war and my fingers for battle.
Callsign: "Nub" |
[#16]
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[#17]
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[#18]
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[#19]
I've been hearing a lot about CTRM (Castor Maritime). Looks real promising!
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[#20]
Originally Posted By skipper469: I've been hearing a lot about CTRM (Castor Maritime). Looks real promising! View Quote Someone on r/pennystocks said to be very careful with it if you don't have day trading turned on, as they have a history of being pumped with some sort of hype only to tank. They currently have one employee. |
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"The problem with some people is that they are still alive" - Grumpy Cat
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[#21]
PTE is starting to move.
TNXP has a conference today, so might be worth watching to see if it jumps for quick profit. |
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"The problem with some people is that they are still alive" - Grumpy Cat
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[#22]
Thoughts on DFLYF, is this something we should get into before it spikes?
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[Last Edit: KaiK]
[#23]
Nm I are confused.
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
[#24]
Originally Posted By KaiK: Cough, cough, bullshit. View Quote View All Quotes View All Quotes Originally Posted By KaiK: Originally Posted By apexcrusade: By Wallace Witkowski 'A long-buying tsunami ... is the primary factor for the price move,' short-selling expert from S3 says GameStop Corp. (GME) shares soared Wednesday in an apparent short squeeze, but one analyst who specializes in information on short selling doesn't think that's the case. GameStop shares surged more than 60% Wednesday -- which would be its largest one-day percentage gain ever, according to Dow Jones data --more than a week after short interest on the videogame retailer's stock exceeded the number of shares outstanding. At last check, more than 125 million shares had traded hands in the day's session, compared with a 52-week daily average volume of 6.5 million shares. While GameStop has 69.8 million shares outstanding, short interest on the stock rose to 71.2 million shares on Dec. 31 from a previous 68.1 million shares, according to FactSet data. On Monday, GameStop shares finished up 10% (https://www.marketwatch.com/story/gamestops-stock-shoots-up-after-reaching-agreement-with-activist-investor-2021-01-11) after it reached an agreement with activist investor RC Ventures to add three of its members to the board, and advanced less than 0.1% on Tuesday. Also, on Monday, the company said holiday same-store sales rose 4.8% and that digital sales had jumped 309%. While noting that shorts definitely were a part of the buying binge, Ihor Dusaniwsky -- the head of predictive analytics at financial technology and analytics firm S3 Partners, which specializes in analyzing data on short selling -- said he doesn't agree that GameStop's price surge was the result of a squeeze. "GME's board shake-up and stronger holiday sales is causing a long-buying tsunami, which is the primary factor for the price move," Dusaniwsky said in emailed comments. "While I agree that we are seeing some shorts squeezed out of their positions due to massive mark-to-market losses today, this is much like the chicken-and-egg question -- did long buying lead to short covering\squeeze or short covering\squeeze lead to long buying?" Dusaniwsky believes it's the former. "We will not be seeing a massive drop in shares shorted over the next few days, more like a 10%-20% drop which would mean 7 to 14 million of shares covered, which is nowhere near the almost 70 million shares traded this morning," the analyst said. "Long buyers are the primary force driving GME's stock price up. " GameStop shares have skyrocketed more than 500% in the past 12 months, compared with a 16% gain in the S&P 500 index and a 42% rise in the Nasdaq Composite Index . -Wallace Witkowski; 415-439-6400; [email protected] (END) Dow Jones Newswires January 13, 2021 14:48 ET (19:48 GMT) Copyright (c) 2021 Dow Jones & Company, Inc. Cough, cough, bullshit. Short, eh? |
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[#25]
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
[#26]
Originally Posted By Yojimbo: Thoughts on DFLYF, is this something we should get into before it spikes? View Quote Not sure but they have an offering of 47 cents a share plus option to buy more at 71 cents after nine months.... I'm a rookie and went against my better judgment but I pulled the trigger. Don't want to directly link since the policy isn't well known to me (hence doing it against my better judgment) but search draganfly dealmaker if curious |
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[#27]
Anyone else looking into BSRC? Looks like it may have some potential.
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[#28]
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[#29]
Originally Posted By DeereDigger: ENZC is still killin’ it! https://www.ar15.com/media/mediaFiles/490893/80B3D157-141F-4198-9015-6E71097C175B-1778521.jpg View Quote Tell me more! |
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[Last Edit: Yojimbo]
[#30]
Originally Posted By CamelPatriot: Can you TLDR why or put a link for me to read? View Quote I can't quite remember where I got the tip from but I had it added to my watch list and was looking more into it. Folks on stocktwits seem to talk it up. https://stocktwits.com/symbol/BSRC StockInvest.us give is it a pretty high buy rating. https://stockinvest.us/stock/BSRC |
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[#31]
BNGO is gearing up. Also keep a eye on $EYES moving AH and premarket this am. PT $2.50
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[#32]
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[#33]
Originally Posted By CamelPatriot: Too late to buy? View Quote View All Quotes View All Quotes Originally Posted By CamelPatriot: Originally Posted By BeerMeNow: BNGO is gearing up. Also keep a eye on $EYES moving AH and premarket this am. PT $2.50 Too late to buy? Bngo is a swing trade for me. I was in and out taking profits on the way up and bought back in when it dipped into the 4’s if you’re looking for a quick 50% today you might not get it but it will run up a bit. ETFs and institutional investors have been cashing out of their competitor. Speculation is they plan on scooping up some BNGO. Many of them are attending the symposium going on this week. I’ll probably sell half if it gets between 8-10 this week and hold the other half long. EYE’s is more of a gamble and looks like it could run a little today. As always do you own DD and buy on the morning dip if you decide to get it. |
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[#34]
I might grab some POWW today to see if it jumps again.
They will probably at least be stable over the next year with ammo orders running full tilt. |
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"The problem with some people is that they are still alive" - Grumpy Cat
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[#35]
Anyone think we will see more upward movement with GME today?
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[#36]
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[#37]
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[#38]
Originally Posted By apexcrusade: Yes. Premarket is volatile View Quote View All Quotes View All Quotes Originally Posted By apexcrusade: Originally Posted By Yojimbo: Anyone think we will see more upward movement with GME today? Yes. Premarket is volatile @apexcrusade How much would you expect GME to drop within the next week or do you believe it can level off and keep any gains it made this week? Do you think it would be a good idea to get into GME at it's current prices or do you think the potential for a large dip requiring a long recovery is too high. |
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[#39]
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[#40]
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Be heard now or be in the herd later.
The voice in your head is a liar. Cola-warrior.com. Spring is coming. Winner of the Great Shop War of 2014. Winner of Cola Warrior 5. |
[#41]
TNXP is hot today I hope. 276 shares at 98 cent average.
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[Last Edit: apexcrusade]
[#42]
Originally Posted By Yojimbo: @apexcrusade How much would you expect GME to drop within the next week or do you believe it can level off and keep any gains it made this week? Do you think it would be a good idea to get into GME at it's current prices or do you think the potential for a large dip requiring a long recovery is too high. View Quote View All Quotes View All Quotes Originally Posted By Yojimbo: Originally Posted By apexcrusade: Originally Posted By Yojimbo: Anyone think we will see more upward movement with GME today? Yes. Premarket is volatile @apexcrusade How much would you expect GME to drop within the next week or do you believe it can level off and keep any gains it made this week? Do you think it would be a good idea to get into GME at it's current prices or do you think the potential for a large dip requiring a long recovery is too high. It's just a difficult question to answer as there are multiple dynamics at play. My strategy is to hold a core position for the long term - I have some at 5.98, 8.45, low teens, so setting on a nice gain now.. Bankruptcy risk has been neutralized for now, we have new players getting into GME who appear to want to make it a successful company, (Cohen from Chewy) possibly via a merger or buy out, etc. So you have that. Also I think the short on this is something like 140% of total shares! I have been watching carefully for the mother of all short squeezes to come. If/When that happens I would be inclined to take some profits,. Therefore under that scenario you could get in at current prices and make out. I've noticed the action pre market and almost was going to make a quick trade. Seems the range is about $32 - $37, so in big at 32 and out at 37. So, I will hold the core position I have and maybe trade around that and take advantage of the volatility. To answer your question I have no idea on short term price action - it appears as if it might have found a new trading range meaning maybe support now at a higher price, until something happens, news, etc, but would not be uncomfortable picking up more in the low 30's right now If price goes down for a while, I am ok with it since I see long term value. If price spikes I might sell those for a quick gain and keep the core position. I guess my thesis from the start was to wait and wait for the short squeeze and then get out, things have change though to slighly modify that. I will take profits but probably keep a position for the long term. Right now it's trying to breach it's 52 wk high. |
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[#43]
In for more ZOM at .90
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[Last Edit: sitdwnandhngon]
[#44]
Originally Posted By CamelPatriot: TNXP is hot today I hope. 276 shares at 98 cent average. View Quote They have a conference today (I think today), might be a longer term hold as they have a few products in the works for this year, a multi strain covid vaccine being one of them. I might drop my PTE today for not much profit, I thought it would move more after their conference on Monday but it hasn't done much. |
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"The problem with some people is that they are still alive" - Grumpy Cat
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[#45]
Is ZOM dead?
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"The problem with some people is that they are still alive" - Grumpy Cat
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[#46]
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[#47]
I had 700 shares if zom that I bought on a whim, then sold it to buy more mvis.
Bought and sold at less than $.25. That little $200 investment could have paid for a new pistol for me lol. These stocks are a lot of fun. Would be more fun if I had better instincts |
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[#48]
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Uncle
Sam's Misguided Children |
[#49]
Added some POWW this morning. Looking to hold this one for a bit and see where it goes.
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[#50]
Originally Posted By sitdwnandhngon: Is ZOM dead? View Quote In the short term yes. Product launches in March. This was hype because of Carol Baskin. Expect it to slowly bleed for a little bit. I’m holding off until after the inauguration to see if Comrade Biden does anything to negatively impact the market right away. |
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