[2/4 @ $88 per share] GME - Gamestop stock - anyone following this absolute MEME-HILARITY (now with Elon tweet)

[Zeze]

Should I go balls deep and move my Nio gamble of $90K and just move it to GME?

Easy 3x gain. Balls of steel.

No, I'm a wuss. Who'd thunk a chinese EV would be 'safe' compared to this.

 

[WelshBloke]

Anyone know where should I buy GME stock in Europe? Is etoro a reputable platform?

Thats what I used.

I absolutely wouldn't buy in now unless you are doing it purely for fun.

 

[Torn Mind]

Should I go balls deep and move my Nio gamble of $90K and just move it to GME?

Easy 3x gain. Balls of steel.

No, I'm a wuss. Who'd thunk a chinese EV would be 'safe' compared to this.

EVs are basically fueled by "I missed Tesla" sentiment and the hope that non Western countries buy their garbage.

I would never trust or buy a Chinese vehicle.

 

[sdifox]

EVs are basically fueled by "I missed Tesla" sentiment and the hope that non Western countries buy their garbage.

I would never trust or buy a Chinese vehicle.

You know they are improving quickly right?

 

[Zeze]

EVs are basically fueled by "I missed Tesla" sentiment and the hope that non Western countries buy their garbage.

I would never trust or buy a Chinese vehicle.

I'm not here to buy Nio vehicles.

 

[[DHT]Osiris]

Great article surrounding the hypocrisy of the hand-wringing from wall street.

Suck It, Wall Street

In a blowout comedy for the ages, finance pirates take it up the clacker

taibbi.substack.com

 

[Torn Mind]

You know they are improving quickly right?

It's mixture of personal reasons, my mom had to grow there when it was really crappy place, and seeing garbage quality like modern can openers. Those plain can openers from the 80s are rock solid reliable while modern ones are literally garbage-to-be.

I'll pass on the electric cars. I'll even jump into bed with GM before caving to Nio.

 

[sdifox]

It's mixture of personal reasons, my mom had to grow there when it was really crappy place, and seeing garbage quality like modern can openers. Those plain can openers from the 80s are rock solid reliable while modern ones are literally garbage-to-be.

I'll pass on the electric cars. I'll even jump into bed with GM before caving to Nio.

Oh I would never buy a Chinese car, just saying they will improve quickly since they are investing heavily into it.

 

[ponyo]

Apparently Interactive Brokers is now allowing buy order for GME. I just tested to see if they accepted and my buy order is active without being automatically canceled. So it seems like these rich fucks stole enough panic sold shares from retail yesterday with their illegal bear raid to somewhat better balance their long/short books and are in much better footing and shape today. Enough that they opened the retail buy order back up so they can try to screw retail.

But zero update bulletin, email, or message from IB about the status of restrictions or anything. This is a company that's Nazi like and spam clients with bulletin, emails, and other warnings for everything else if they feel you or they are in danger. Their complete silence and lack of updates trying to keep their paying clients like me in the dark about the latest information tells me all I need to know about this shit evil company. No one should do new business with Interactive Brokers. These guys are scum.

 

[gill77]

Apparently Interactive Brokers is now allowing buy order for GME. I just tested to see if they accepted and my buy order is active without being automatically canceled. So it seems like these rich fucks stole enough panic sold shares from retail yesterday with their illegal bear raid to somewhat better balance their long/short books and are in much better footing and shape today. Enough that they opened the retail buy order back up so they can try to screw retail.

But zero update bulletin, email, or message from IB about the status of restrictions or anything. This is a company that's Nazi like and spam clients with bulletin, emails, and other warnings for everything else if they feel you or they are in danger. Their complete silence and lack of updates trying to keep their paying clients like me in the dark about the latest information tells me all I need to know about this shit evil company. No one should do new business with Interactive Brokers. These guys are scum.

Is there an outfit you can recommend?

 

[Roger Wilco]

From the other GME thread:

GME holding steady at $330 and now climbing.

 

[Roger Wilco]

Also, the market is getting obliterated right now, and AMC Entertainment is up 60% lolol.

 

[Torn Mind]

Just hoping AMC can hit 16 today.

 

[Zorba]

well they want to go public... it should just be boycotted. aimed at retail clients while pissing off retail client.

The retail investors are the product, not their clients.

 

[ponyo]

Is there an outfit you can recommend?

I like TD Ameritrade, especially their ThinkorSwim trading platform. I love ThinkorSwim as it's very easy to use yet powerful with plenty of advanced options. But the problem with TD and ThinkorSwim is that they can't sometimes handle orders during the really crazy times and often lags bad or can't be accessed when you might really need it. The reason I stuck with Interactive Brokers is because while their trading platform is messy and hard to figure out and use for beginners, they offer pro level features and tools and normally have flawless executions. And besides one major outage late last year, I've never had their site slowdown or crash due to heavy volume. So I never really had to worry about access and their system being up and running.

I also like Schwab and think their system is lot more stable than TD Ameritrade. At times when TD lags or struggles to stay online, Schwab is usually still working. But I don't like the trading software platform on Schwab as much and not as feature rich as ThinkorSwim (ToS) or IB. But Schwab customer service is excellent and I think they're the best for average investors who's not active trader.

 

[Mai72]

Just goes to show that the elite run America's finances and face ZERO penalties. When Ackeman deliberately shorted hotel stocks at the beginning of the pandemic, then went back, bought those exact stocks and made over $2b where was the outcry? Where was the media? Nowhere. Now, we have a bunch of amatures on Reddit who outclassed the wealthy and now it's an issue.

 

[njdevilsfan87]

TD has been fine with GME. They have some restrictions, but none on fully backed cash positions. I bought my one share this morning at $325 to support the cause. I'm happy to take a full loss on it if need be. I will use my HODL mentality from crypto and never let it go.

 

[Roger Wilco]

Big jumps just happened for the GME stocks.

GME now at $370.

 

[Torn Mind]

AMC nearing $16.

 

[Roger Wilco]

Just hoping AMC can hit 16 today.

Almost there!

 

[Torn Mind]

Lol, I made 11.6 dollars on AMC. Bought 29 at 15.50 and got out at 15.90. Now it's down into the 15.30 range.

I'll bet a lot of guys made buys at 15-16 dollars and are selling.

 

[zinfamous]

cnbc doxxes the reddit user DeepFuckingValue.

Famed GameStop bull 'Roaring Kitty' is a Massachusetts financial advisor

A YouTube streamer who helped drive a surge in the shares of GameStop is a 34-year-old financial advisor from Massachusetts.

www.cnbc.com

Why isn't the sec concerned about hedge funds bashing companies into the ground so they can short them? Rhetorical question....

seems shady and all, but the dude has an online streaming presence and his face is all over video for some time now....it's not like he wasn't public, right? My guess is that the people who've subscribe to and/or followed that guy for some time probably know his history?

 

[zinfamous]

Should I go balls deep and move my Nio gamble of $90K and just move it to GME?

Easy 3x gain. Balls of steel.

No, I'm a wuss. Who'd thunk a chinese EV would be 'safe' compared to this.

well, you're already in the wrong Chinese EV company if you want the one that's "Safe."

You should be in XPeng--they're actually Tesla of China; not Nio.

 

[Zeze]

well, you're already in the wrong Chinese EV company if you want the one that's "Safe."

You should be in XPeng--they're actually Tesla of China; not Nio.

I meant safe relative to GME, zinny. That was the whole point of the sentence. I'm too xenophobic to buy stocks of the company called Xpeng. I ain't no sinophile (wait what). Nio sounds nice and cute. And my analyses have paid off.

On a semi-serious note...a lot of the argument has to do with how XPENG is backed by Alibaba or undervalued. What people fail to take into account is NIO is backed by TENCENT which is almost roughly equal in market capitalization compared to Alibaba and known for tech investments as well (Riot Games for example).

Furthermore , NIO has government backed equity convertibles and debt as well at favorable interest rates. Both companies have significant tax credits as well. Another thing is NIO is focusing on creating a lifestyle brand, with an up market approach (NIO houses , fashion etc) something no one else in China is as good at or is even trying to do in this space. (This focus on brand, is a reason why they did not open their own factory yet, due to costs but will probably happen in 4-5 years)

This combined with battery swap (good for short term only), BaaS (heavily discounts the car), NIO app and related services and continued introduction of new models (the recently revealed sedan) allow NIO to have the room for growth which is not comparable to companies like Li or Xpeng.

Also the Nio CEO said they'll make even cheaper cars for the masses under a different brand (to keep Nio's branding intact).

Isn't Nio much more ahead? They've been selling cars like pretty well and boasting 100%+ year-to-year sales figures.

Nio for me.

[edit2]

• Xpeng delivered a total of 27,041 vehicles in 2020, a 112% increase year-over-year
• NIO delivered 36,721 vehicles in 2020 in total, representing an increase of 111.1% year-over-year.

 

[sdifox]

The retail investors are the product, not their clients.

Can't sell consumer info if you have no consumers.