Trading the stockmarket (NO Referrals)

Looking at Peloton this week on a short-term spread bet. Price currently levelled off since mid-Dec, 20% or so down from ATH. Results on Thursday and I've a feeling from the grapevine, the budgets they're throwing at TVCs at the moment, public acceptance of lockdowns, new product range (physical, app and subscriptions), that they'll be positive.

Of course I'm happy to eat my hat.
 
cu3ed said:
]Currently they are still screwed, jsut by not as much, hence all the false stuff about "Redditors are now selling GME and buying Silver", everything on reddit seems to suggest the opposite, you will have many selling though, but I think some who have jumped on late are doing that.
Then again I thought all the GME stuff was fudd, so dont listen to me lol.
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Bloomberg now reporting that Reddit's have lost interest. Unbelievable...
 
Hyburnate said:
So media are reporting everyones going into silver but nobody is saying that apart from the media.

A lot of people also comparing to VW: https://www.ft.com/__origami/service/image/v2/images/raw/https://d1e00ek4ebabms.cloudfront.net/production/0039b913-b126-4d66-a9e7-d32c35937152_FINAL.png?fit=scale-down&source=next&width=700

I don't currently have a way to check how shorted this is though
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Comstock Mining is up 130% today so there’s definitely something going on.
 
The GME situation looks like it's just the HFs moving stock between them. The volumes are actually small, so I guess most people are just holding.
 
Hyburnate said:
So media are reporting everyones going into silver but nobody is saying that apart from the media.

A lot of people also comparing to VW: https://www.ft.com/__origami/service/image/v2/images/raw/https://d1e00ek4ebabms.cloudfront.net/production/0039b913-b126-4d66-a9e7-d32c35937152_FINAL.png?fit=scale-down&source=next&width=700

I don't currently have a way to check how shorted this is though
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I dont see how this will work, all this start on Reddit to be honest, so who is following usual media outlets for advice after?
 
cu3ed said:
I dont see how this will work, all this start on Reddit to be honest, so who is following usual media outlets for advice after?
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A lot of the general public who have been brought into this by the media will believe the media.

They're basically short ladder attacking by the looks of things to scare people, don't get me wrong they look to have covered some shorts but it's still about 80% shorted.
 
AML closed at 2,103 today.

Added to one of my holdings at 1,660 about a fortnight ago and closed out at 2,040 on Friday afternoon for 23%.

Boring play but in & out with a strategy alongside the LTH for the rest of my holding.
 
1 hour until today trading ends and could be finishing at 240. Then over night playing that we've seen, tomorrow starts and if we see something similar as today, I struggle to see what will bring in the new money other than the low price it'll sit at, but these ladders aren't being fought back, along with the distraction of silver and AMC etc.
 
englishpremier said:
Bloomberg are having a laugh. WSB board is full of people who've bough in today or bought more from all over the world.
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Seem to be all holding as well, they are playing games shifting their own stock about, but that cant last. If anything they have given poeple like myself a chance to buy in now.
And yes, im commited to the fact like with all buy ins it can go south.
 
Everywhere is pushing the silver story...
I sold my GME earlier at 268, bought in at 226 last week thinking I had missed the boat, happy with that little slice...
However forgot I had a buy order in which landed when it went sub 240 lol
 
Trig said:
Everywhere is pushing the silver story...
I sold my GME earlier at 268, bought in at 226 last week thinking I had missed the boat, happy with that little slice...
However forgot I had a buy order in which landed when it went sub 240 lol
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should have held. I'm more gutted that I bought at $335 last week and today it went low as $213.
 
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