Trading the stockmarket (NO Referrals)

[brendy]

I'm taking such a bath on GME & ALRT, whilst ALRT was very much a punt, GME i suspect will bounce in the next month or so.

Or it'll just go to zero and every single store will simultaneously & spontaneously combust, knowing my luck.

With so much cash it's got to get stronger and stronger. This warrant dividend is interesting but I have no idea how it'll all react from tomorrow on when they are released.

 

[Diddums]

With so much cash it's got to get stronger and stronger. This warrant dividend is interesting but I have no idea how it'll all react from tomorrow on when they are released.

Yeah I've got a few GME shares, I predict a short rise, followed by a massive slump for a few months, then a gradual return to the usual.

I love reading the posts on Reddit about it, the levels of delusion on there is hilarious

 

[brendy]

Yeah I've got a few GME shares, I predict a short rise, followed by a massive slump for a few months, then a gradual return to the usual.

I love reading the posts on Reddit about it, the levels of delusion on there is hilarious

Yea, I've found nearly every sub Reddit is a little echo chamber all of its own. The amount of folks still trying to figure out memes and events is crap. Whether Keith Gill makes a return or not doesn't matter to me.
I've been watching, holding/building my ownership for 5 years, I'm in the green currently but a good or bad week makes such a difference. I do think the company is in good hands based on the vast reduction in business costs and decisiveness to close under performing areas. The sheer amount of cash they're sat on can only be a good thing in my book and can be a great tool to have ready to use if any purchases or mergers arise.

 

[radderfire]

I'm taking such a bath on GME & ALRT, whilst ALRT was very much a punt, GME i suspect will bounce in the next month or so.

Don't cry, ALRT is going back up again now.

 

[mid_gen]

Yea, I've found nearly every sub Reddit is a little echo chamber all of its own. The amount of folks still trying to figure out memes and events is crap. Whether Keith Gill makes a return or not doesn't matter to me.
I've been watching, holding/building my ownership for 5 years, I'm in the green currently but a good or bad week makes such a difference. I do think the company is in good hands based on the vast reduction in business costs and decisiveness to close under performing areas. The sheer amount of cash they're sat on can only be a good thing in my book and can be a great tool to have ready to use if any purchases or mergers arise.

Why would you be in bricks and mortar retail for the long haul, especially video games in which physical media is becoming increasing niche? Seems mental if you ask me. Or are they just selling plastic tat game merch to people online now?

 

[RxR]

My Palantir stock sold. Now on the lookout for something else to invest in.

 

[Calpol]

My Palantir stock sold. Now on the lookout for something else to invest in.

Smart to take profits. This tech bubble cannot last at current levels without some sort of meaningful correction. PLTRs forward P/E is a joke. Not that it stopped TSLA!!!

 

[Diddums]

Don't cry, ALRT is going back up again now.

Yep, it's gone from -50% to -26%, staggering

 

[413x]

Yep, it's gone from -50% to -26%, staggering

You must have been in late!

 

[tom_e]

You must have been in late!

Diddums arrived just in time to ruin it for the rest of us.

 

[Diddums]

It's k. They're gonna buy AMD soon and their price will rocket. I can feel it.

 

[moon man]

Had worse days , reinvested past profits and went a bit mad yesterday

 

[Rob_B]

EONR has been up and down a lot recently, can't recall why I even bought any (maybe a comment here?) but wondering when to get out.

 

[RxR]

"Get out while the going is good". But seriously, I get out when I've reached my target %. It was a tactic recommended in a video up thread which I thought made simple sense.

 

[moon man]

Yeah getting out is the hardest bit and the one I mess up the most my own position could swing to a loss at opening so I suppose you have to be confident of long term otherwise take a pay day

 

[LostCorpse]

judging the risk reward is always hard..
just one more point or % or £1 before i sell... and boom down in to the negative

tis what happened to me on amd the first time round.

 

[RxR]

I'm a piranha I just take repeat fixed size small bites (%'s). Folk like moonman are sharks in comparison.

 

[413x]

Had worse days , reinvested past profits and went a bit mad yesterday

Such is the gain on 4 stocks I've held a while now they now make up 33 percent of my isa.

 

[lookitsjonno]

Had worse days , reinvested past profits and went a bit mad yesterday

Congrats! I think I remember when you first started dabbling in trading last year, it must have been life changing for you

 

[brendy]

Why would you be in bricks and mortar retail for the long haul, especially video games in which physical media is becoming increasing niche? Seems mental if you ask me. Or are they just selling plastic tat game merch to people online now?

Most companies started as bricks and mortar. They've built the cash and though theyre sitting on it gaining a couple hundred million a year, I can see them moving out of the current markets and into something new. The money they hold puts them quite high in the list of companies with cash on hand, similar to Sony, SAP, Mitsubishi, SK Hynix, Robinhood etc.
They will eventually invest at least some of that money, whether its in the financial markets or a buy out or something else I dont know but the potential is there. They are turning profit now every quarter and the only thing detrimental to them is the reputation from years ago where there was an attempt from outsiders to run it into the ground when it wasnt doing so well. Things are much rosier now but that reputation will take time to shrug off.