DarkandStormy

Short Interest in GME is still ~140% of the available float. Short Squeeze continues.

https://finance.yahoo.com/quote/GME?p=GME https://www.cnbc.com/quotes/GME?qsearchterm=

It's going the opposite way. Vanguard and many others have taken out their transactional fee/tax. Robinhood just brought it to people's phones with one password unlock lol.

I was joking a bit about Elon, though he did tweet out something a few weeks ago that caused people to buy an unrelated stock, which spiked. The company Signal went public just after that tweet. So, don't doubt the cult of Elon's power. https://slate.com/technology/2021/01/gamestop-reddit-wallstreetbets-gme.html It would appear, unless others are aware of something else going on, this is a Short Squeeze, noticed and accelerated by folks in the WSB subreddit.

Those have already mooned. Check out AMC as well. It's like it's 2003 lol.

Do different outlets report volume differently?

Sell? stocks? The WSB crowd buys calls, mostly.

lol EDIT LOLOLOL: GameStop has TTM LOSS, a $10bn market cap as of close (which may be $17bn+ after hours now), has traded 2.5x its entire float in a single day (they did this yesterday as well...they have just under 70m shares available for trading and each of the last three days over 160m shares have been traded each day), and are 5,000 brick & mortar stores in an industry that's moving to digital downloads. What in the absolute hell. What might have caused today's AH bump? If the SEC actually enforced its rules this would be a fun one.

BLNK...is an EV stock though?

lol who could have seen this coming

GameStop is having a totally normal one lol Short interest outweighs the # of shares outstanding, so it's having a bunch of wild swings.

https://nymag.com/intelligencer/2017/07/hyperloop-east-coast-musk-says-n-y-d-c-line-approved.html#_ga=2.40311783.499423319.1611328729-1306192803.1611328729 It's been three and a half years since Musk claimed he got verbal approval for an East Coast Hyperloop.

"Well There's Your Problem" had a (long) video/podcast last year on the difficulties of trying to make a Hyperloop work. It was well over an hour if I remember correctly, but they dive further into the details than Joe does. EDIT - should we break out a separate thread for The Boring Company's "Loop?" Seemed that caused some confusion here a couple months ago.

Only a couple surprises - Olave returning for his senior season when, at worst, he was looking at 2nd round money in the draft. Togiai leaving - he started, what, 7 games and is off to the NFL? He could have put together a dominant full season and moved up a round or two, I thought. No real surprises with the seniors and 5th year guys going. At some point, you've probably maxed out your development in college and it's time to move on, even if the NCAA is allowing guys to come back. I haven't followed it much - will teams still be required to be under the 85 scholarship limit? Ohio State returns all of its receivers, I believe. Plus, Ruckert is coming back and is one of the best TEs in the country. RB still a question mark (I've never liked Teague as a full-time starter, so we'll see) and obviously whoever starts at QB will have never thrown a collegiate pass. But Olave and Ruckert returning means they've seen Stroud and Miller in practice and are confident that coming back won't tank their draft stock for 2022. Of course, that doesn't even cover whichever 5 star kid is coming in this year as well. The WR room has *NINE* former top-100 (overall) recruits plus Olave, who was a mere 3-star out of high school. Ruckert was the top (or #2) TE in his recruiting class. The O-Line should be fairly stable (only Wyatt Davis and Josh Myers gone from the inside - both tackles are back and the team will fill the inside with 5 star guys). So the offense could be pretty fun. The defense...may continue its struggles.

That's wild. And also a terrible hire. Other than Chip Kelly, no one has really successfully transitioned a college-esque spread to the NFL. Also...headaches don't stop just because you're coaching in the NFL and not the Big Ten. That's not how that works. Urban's main advantage in college was motivation and recruiting. I don't think he will transition well to the NFL. Probably a Saban-esque flameout. Talent level is fairly equal around the league. There aren't a bunch of a Bowling Greens and Florida A&Ms to beat up on your schedule. And I never really got wowed by Urban as an X&Os guy. They'll probably draft Lawrence (some people think they could take Fields since he's the prototypical Meyer QB) and run him on a QB draw 23 times a game for 2.3 yards per carry.

The writers for America 2021 brought some of their big storylines out early.

Not gonna lie, I read this as "covid 2 man under...covid 4...covid 6."

Never hold calls into earnings lol

Earnings are never released during market trading. So it's likely that they announced earnings before 9:30 am eastern today and some of the pre-market movement was in reaction to that. As for why...I have no idea about the company you're referring to lol

Reminds me of this (may have already been posted here): https://imgur.com/gallery/BlK4jzM (I won't embed the graphic since it's rather large.) And also this - https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/

Your speculative stock suggestion is a company that is up 373% in the last week? Where was this insider info before Christmas lol

Well, the stock market isn't the economy. The economy is in rough shape, small businesses especially. But guess who has the capital to keep things running? Larger companies...which tend to be publicly traded. Every time a "Jack's taco shop" (neighborhood cantina joint or whatever) closes, guess what, that's more customers with fewer local taco options. So more people will go to....Chipotle or Taco Bell. Now scale that everywhere - restaurants, shopping, etc. The rich will keep getting richer because the "mom and pop" competition has to shut down or close permanently. Plenty of these big companies are available to be traded on the stock market. So yeah, it's bad out there...but because it's bad for so many small businesses, the larger ones are doing ok or even better than last year.

I've been hearing "all time highs...get out now" since 2016 so, who knows.

Yes....which, again, I don't know how PC tracks that. And I'm not calculating it out by hand lol.

As we wrap up the year tomorrow, here is my personal ROI (based on Personal Capital - I believe they do it as <ending balance - contributions - beginning balance>/beginning balance but I don't know that for sure) along with a few prior years: -2020: +32% (give or take these final couple days of trading) -2019: +31% -2018: -2.5% -2017: +23% All in all, not too bad. Again, I don't know exactly how Personal Capital calculates returns, so probably a grain of salt there.