WSB have a telegram group. They are currently doing a voice call on their plans for GME next week and calculating all the Hedge Funds short positions. Currently listening in. Intriguing stuff. They are now talking about doing the same to Silver spot price as there is not enough physical silver to deliver paper orders.
I am following WSB on this and the plans for GME. I positioned myself on Friday in anticipation of a continuation of the plan.
But I haven't seen anything on Silver yet. Thanks for letting me know that. I have a sizeable exposure shorting Silver.
Ibime: And I've just closed my trade when I saw momentum swinging. I might rejoin if momentum swings again. Be careful and set an automated take profit because Etoro would not execute my order for a good minute. I lost $300 of my profit while it was hanging. Thanks for this bro. Clean $1k in 2 hours
Awesome. I am glad I could share it. I have two entries myself - one I am using for swing earnings, and the other I am holding long term.
Talking about tips, apart from the anticipated price pump, I am thinking there will be extra optimism this coming week, based on Ripple's filed response to the SEC lawsuit.
Ibime: XRP has a lot of sellers because a lot of people are sitting on heavy losses since the SEC announcement and I think they will sell as soon as they recover a part of that loss. I don't think it will moon cos it will face selling pressures along the way including from whales who just want to limit their previous losses. It also has a large market cap so it will take billions to move it, while billions also want to exit. I'm just keeping small eye on the Telegram group growth and Etoro. Now at 40k in the Telegram group and being mentioned more in Etoro so some momentum is building but I don't think strong enough to moon just yet. Maybe 30-50% then drop
Decided to take a plunge last night after our discussion. Up 21% since then as at this time of this post.
Ibime: Please fill me in on the XRP stuff. I thought XRP was getting delisted on all major exchanges? I assume good news impending on their SEC palaver?
I have only just come across it myself in the last hour. Still looking for more information. Stayed away due to the de-listing news.
But at 0.29 current price, it sure looks inviting if there's going to be a rally.
Ibime: Please avoid all those stocks except GME cos there is not enough retail buying power to fight with the institutional guys on a day-to-day basis. They have all tanked massively since Tuesday this week when the war came out in the open except GME. GME have some big buyers like Justin Son, the TRX guys and Elon Musk who are helping the Reddit guys sustain the war on GME front however even GME guys are profit taking between $320 and $350. I scooped some quick flips between these positions today. The Reddit guys pushed back the bears every time, but I don't see that they have the power to sustain past $400 so they will keep the tug of war going until they eventually crash GME back down to $4. How long it will take, who knows but as soon as the main Reddit guy who is $43m up on his GME position cashes out, it will collapse. Also note that GME makes most of its gains in premarket trading which is not open to us. When the market opens, it is actually a swing trade play eg GME opened at $381 today and closed at $325 so if you set a market order after closing you would have lost majorly, but in the day there were many opportunities to skim 3%, 5% or 10% here and there due to the back and forth between the Reddit guys and the shorters.
I think where one can profit solidly from the Reddit guys is their crypto plays, especially if they play coins like Dogecoins which don't have big whales that can smash the price down with one sale. I think joining their stock market plays is risky cos they've already run up BB, NOK, BBBY and Beyond Meat past their value and the shorters will make you pay, for example if you joined these stocks on Tuesday based on the Reddit hype, you would be down 50% by now. They cannot back those positions like GME as they are spread too thinly.
Absolutely agree with you. Wasn't in them anyway. Just copied a guy's list on Etoro. I don't hold stocks or beeeet coins. I solely do FX.
And even though the whole movement interests me, I am only looking to find daily 5 to 10% and with no more than 2% of my current capital.
Meanwhile, what are your thoughts on the impending xrp pump on Monday. 25k people signed on already.
Ibime: It's good to watch that group and be prepared to ride along with them because I think they will continue this flash mob behaviour if someone doesn't clamp down on them.
Ibime: It's good to watch that group and be prepared to ride along with them because I think they will continue this flash mob behaviour if someone doesn't clamp down on them.
Obrigardo: The Senate will convict trump. There's a growing amount of evidence showing this was a conspiracy. Just watch.
Don't be so confident. Only Mitt Romney will stick his neck on the line, even if it will cost him his Seat. The others think about political expediency first, before anything else. And this is what is informing all the decisions they are making now. They have no capacity to view anything long-term.
These guys are now caught in no man's land with no apparent strategy on what to do. You have Miss Lindsey, who on the 6th finally openly embraced common sense, now saying on Fox News that Trump was impeached without witnesses. They (the Senators) were the main flipping witnesses, along with the millions over the world who saw what happened.
Josh Hawley who was captured live on TV fist-pumping the rioters, is now saying trying to divert the topic to being censored by Big Tech and the liberal mob.
Look at the investigative report released by the WSJ on Proud Boys; yet you still have people on Fox, OAAN and Newsmax claiming it was Antifa. This is the WSJ. Not WAPO or CNN. Yet people double-down on their positions.
My point is I have come to realize that no amount of shocking, eye-blinding, brain-numbing evidence can make these people think beyond the short-term - political expediency. And as long as that is in play, don't be surprised to see them give Trump a pass, yet again.
Chelsea board should be ashamed of themselves. Clowns who are more interested in coaches saving them from the embarrasment of signing waste men for huge money..or even signing back a player who was sold at young age, shouldn't be handling the affairs of a top club like Chelsea. They force coaches to wave the magic wand and make a dross player the best in the world.
Tuchel is here with plans of making his own signings. I hope they grant him that..and not want him to use the waste they have in the team to beat the world.
Ohhh tuchel is gonna make rudigar a mainstay in our defense. I wish he does well with them. But his sacking is inevitable. No be Chelsea again?
The matter weak me sef. TT wants to sign new players already. But we sacked the last manager on the basis that what we have should be good enough.
Meanwhile time to test Raumdeuter's conclusion. Given the opportunity to finally rid Trump of the political grip he has over the GOP, by ensuring he cannot run for office again, only 5 GOP senators openly show up. The others chicken out under the guise of some useless technicality.
The 11 Senators required for conviction is looking grim; which will all but entrench Trump as the GOP kingmaker.
This is why I was saying that I don't see this changing, unless he is locked up.
armyofone: I was surprised she granted interview! That was fast - guess she was under strong duress hence the sigh of relief and parroting she got so much to say anyway.
Who changed my graph ?
It is particularly rich for her to now claim her hands were tied. She didn't just sit in there, passively unable to influence things, she actually got on the podium and granted several interviews where she actively promoted lies. Lies like the President's grasp of data and understanding of science was top notch.
Now she's telling us she watched the President present graphs she didn't make and didn't know who changed her graphs.....yet stayed there and said nothing.
hoopLA: Read my last response to Bikeman and Emaprince
That's a ridiculous response.
A bunch of Chelsea fans are expressing frustration at the firing of Frank and using Ole's situation to express how quickly things can turn around when a little bit of patience is applied....and your response is 'he has to be hired first to be fired'?
hoopLA: You take an extremely remote scenario and place it as an argument,just to feel good about yourself after your fave has been duly and rightfully sacked. You go to town,thumping your chest like you actually have a point.
And it's the elders in here pushing this useless hypothetical. Funny lot you have here.
Bunsenbun: Understandable,but your fellow united fans need to realise the ridiculousness of trolling chelsea for sacking a coach.Knowing fulky well that your coach would have been sacked a long time ago if he was at chelsea.Let's be honest with ourselves. Who do you think are favorites to win the league this season?.
Isn't this a statement though? Ole would have been gone if he was a Chelsea manager. But he is probably going to win the league now.