BMW i5 and 5-Series Forum

Post Reply
 
Thread Tools Search this Thread
      02-03-2021, 11:18 AM   #6095
vreihen16
Recovering Perfectionist
vreihen16's Avatar
21680
Rep
1,024
Posts

Drives: BMW-less :(
Join Date: Jun 2019
Location: Orange County, NY

iTrader: (0)

Garage List
Me thinks that the GameFlop ship has officially sailed, and the shorts are recovering all of their losses on the ride back to zero.....
__________________
Currently BMW-less.
Appreciate 0
      02-03-2021, 11:30 AM   #6096
TboneS54
YNWA
TboneS54's Avatar
United_States
1207
Rep
918
Posts

Drives: '04 M3 6MT, '11 M3 DCT, '22 X7
Join Date: Nov 2009
Location: SoCal

iTrader: (2)

Sounds like everyone is making conclusions about GME based solely on the price.
__________________
/// 2004 Silvergrey M3 · Coupe · 6MT · Slicktop · zero options
/// 2011 Jerez/Bamboo E90 M3 · DCT · Slicktop · IG: @na.s54
Appreciate 1
      02-03-2021, 11:32 AM   #6097
TheFanatic
Second Lieutenant
TheFanatic's Avatar
United_States
116
Rep
216
Posts

Drives: BMW 340i
Join Date: May 2020
Location: Wisconsin

iTrader: (0)

Quote:
Originally Posted by ASAP View Post
So is it over? Seems to be struggling.
Yeah, I kind of feel bad for people buying in now cause the idiots keep saying there's gonna be a squeeze yet and it'll take off, so they buy shares on something that will bounce itself back to where it was.

that ship sailed and it peaked near 500.



You guys seeing any other companies that are on your radar?
Appreciate 1
vreihen1621680.00
      02-03-2021, 11:34 AM   #6098
TheFanatic
Second Lieutenant
TheFanatic's Avatar
United_States
116
Rep
216
Posts

Drives: BMW 340i
Join Date: May 2020
Location: Wisconsin

iTrader: (0)

Quote:
Originally Posted by TboneS54 View Post
Sounds like everyone is making conclusions about GME based solely on the price.
You think it will skyrocket yet? Unless I'm mistaken today was the last day they were saying to hold to originally
Appreciate 0
      02-03-2021, 12:10 PM   #6099
TboneS54
YNWA
TboneS54's Avatar
United_States
1207
Rep
918
Posts

Drives: '04 M3 6MT, '11 M3 DCT, '22 X7
Join Date: Nov 2009
Location: SoCal

iTrader: (2)

Most people seem to be making conclusions by just looking at the price.

Things don't add up when you look deeper. Price being driven down, yet people aren't selling. Low volume. Ladder attacks, fake news, bots, restricting buys.

Restricting of buying probably means the squeeze won't be as big unfortunately, as HF have been able to cover themselves, but not fully as is being pushed as the narrative.
__________________
/// 2004 Silvergrey M3 · Coupe · 6MT · Slicktop · zero options
/// 2011 Jerez/Bamboo E90 M3 · DCT · Slicktop · IG: @na.s54
Appreciate 0
      02-03-2021, 12:27 PM   #6100
TheFanatic
Second Lieutenant
TheFanatic's Avatar
United_States
116
Rep
216
Posts

Drives: BMW 340i
Join Date: May 2020
Location: Wisconsin

iTrader: (0)

Quote:
Originally Posted by TboneS54 View Post
Most people seem to be making conclusions by just looking at the price.

Things don't add up when you look deeper. Price being driven down, yet people aren't selling. Low volume. Ladder attacks, fake news, bots, restricting buys.

Restricting of buying probably means the squeeze won't be as big unfortunately, as HF have been able to cover themselves, but not fully as is being pushed as the narrative.
oh, yeah, I think it's being artificially drawn down as well. last one I saw there was more buying in than there was selling but yet the price kept going down. I do think however that the big gains are over. the shorts have gotten all their money back and some at this point
Appreciate 1
vreihen1621680.00
      02-03-2021, 02:36 PM   #6101
bimmer pleaser V2
Second Lieutenant
515
Rep
232
Posts

Drives: C43
Join Date: Feb 2020
Location: Houston

iTrader: (0)

Quote:
Originally Posted by vreihen16 View Post
Me thinks that the GameFlop ship has officially sailed, and the shorts are recovering all of their losses on the ride back to zero.....
Melvin lost billions and nearly went belly up; they are going to get through this but no way they "recover all their losses".

Holding here. To the crapper or moon.
Appreciate 2
      02-03-2021, 02:38 PM   #6102
XKxRome0ox
e90noob
XKxRome0ox's Avatar
United_States
1612
Rep
1,881
Posts

Drives: '08 E90 M3
Join Date: Mar 2012
Location: Los Angeles, CA

iTrader: (4)

bought in more as much as i can at sub $100 price point
now i hold on for dear life
__________________
2008 E90 M3 / LCI trunk + euro tail swap

Production date - 2008-04-22
Appreciate 2
      02-03-2021, 02:40 PM   #6103
vreihen16
Recovering Perfectionist
vreihen16's Avatar
21680
Rep
1,024
Posts

Drives: BMW-less :(
Join Date: Jun 2019
Location: Orange County, NY

iTrader: (0)

Garage List
I just dumped my AMC when it spiked up to $9.50 about an hour ago. I'm happy to be out of it (all three shares) with a 10% gain in less than a week.

Looks like I'm riding GME all the way down the drain and into the ocean.....




.
__________________
Currently BMW-less.
Appreciate 1
P111735.00
      02-03-2021, 02:40 PM   #6104
BMW F22
Major General
BMW F22's Avatar
United_States
3668
Rep
9,783
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

Quote:
Originally Posted by XKxRome0ox View Post
bought in more as much as i can at sub $100 price point
now i hold on for dear life
Atta boy! We ride together, we die together. Dumbasses for life.
Appreciate 3
vreihen1621680.00
TURBO82247.50
      02-03-2021, 02:54 PM   #6105
Cyberdemon
Brigadier General
Cyberdemon's Avatar
1581
Rep
3,351
Posts

Drives: 2020 X5 40i, 2018 M3 Comp
Join Date: Jun 2012
Location: Long Island NY

iTrader: (3)

Quote:
Originally Posted by vreihen16 View Post
Me thinks that the GameFlop ship has officially sailed, and the shorts are recovering all of their losses on the ride back to zero.....
You certainly may be right. But there are still certainly external factors at play.

-Robinhood is slowly easing limits, but still has a 100 share limit on GME as of today. (Limiting any bigger purchases).
-A number of people with deeper wallets have decided to pull funds out of RH and move them to a new brokerage which can take 1-2 weeks. Those people may choose to stay out of the game based on what happens this week and next, or jump right back in now that the price is down.
-You're still seeing positive momentum today, which is a sign there's still some fight left in the game.

I'm just letting my free money ride at this point.
__________________
Current: '20 X5, '18 M3 ZCP
Previous: '11 E90 335i, '11 E90 M3, '16 VW GTI, '15 M235i, '13 335i, '08 TL-S, '00 Corvette
Appreciate 1
BMW F223668.00
      02-04-2021, 08:10 AM   #6106
TheFanatic
Second Lieutenant
TheFanatic's Avatar
United_States
116
Rep
216
Posts

Drives: BMW 340i
Join Date: May 2020
Location: Wisconsin

iTrader: (0)

Any of you guys still have any doge crypto that you held onto from the pump and dump? It spiked pretty good last night and into this morning not to where it was but enough for me to get out with a couple hundred extra bucks. I was expecting a second wave a bit sooner than this lol
Appreciate 0
      02-04-2021, 09:08 AM   #6107
JP10
Major
JP10's Avatar
United_States
2476
Rep
1,143
Posts

Drives: M3
Join Date: Jan 2018
Location: SC

iTrader: (0)

Quote:
Originally Posted by TheFanatic View Post
Any of you guys still have any doge crypto that you held onto from the pump and dump? It spiked pretty good last night and into this morning not to where it was but enough for me to get out with a couple hundred extra bucks. I was expecting a second wave a bit sooner than this lol
I bought at $0.016, sold around $0.056. Not too bad not great (high of $0.078). Through money at it as a joke and worked out great, only complaint is I wish I dumped more in.
Appreciate 1
      02-04-2021, 11:08 AM   #6108
TheFanatic
Second Lieutenant
TheFanatic's Avatar
United_States
116
Rep
216
Posts

Drives: BMW 340i
Join Date: May 2020
Location: Wisconsin

iTrader: (0)

Quote:
Originally Posted by JP10 View Post
I bought at $0.016, sold around $0.056. Not too bad not great (high of $0.078). Through money at it as a joke and worked out great, only complaint is I wish I dumped more in.
I bought at .006 sold at .06 then bought again at .018 been waiting for it to come up again. this morning I got it at the right time. I didn't expect much so I didn't put much into it. Wish I would have. Oh well, a few hundred is better than nothing
Appreciate 0
      02-04-2021, 11:15 AM   #6109
antzcrashing
Brigadier General
antzcrashing's Avatar
United_States
1977
Rep
3,261
Posts

Drives: 2018 BMW 440i GC
Join Date: Sep 2007
Location: Eastern MA

iTrader: (1)

Garage List
Quote:
Originally Posted by TheFanatic View Post
Quote:
Originally Posted by JP10 View Post
I bought at $0.016, sold around $0.056. Not too bad not great (high of $0.078). Through money at it as a joke and worked out great, only complaint is I wish I dumped more in.
I bought at .006 sold at .06 then bought again at .018 been waiting for it to come up again. this morning I got it at the right time. I didn't expect much so I didn't put much into it. Wish I would have. Oh well, a few hundred is better than nothing
I got in around 0.004 and then bought more later bring my cost basis to 0.011 (an effective penny stock), holding for now
Appreciate 0
      02-04-2021, 12:03 PM   #6110
TheFanatic
Second Lieutenant
TheFanatic's Avatar
United_States
116
Rep
216
Posts

Drives: BMW 340i
Join Date: May 2020
Location: Wisconsin

iTrader: (0)

Quote:
Originally Posted by antzcrashing View Post
I got in around 0.004 and then bought more later bring my cost basis to 0.011 (an effective penny stock), holding for now
well Elon Musk tweeted about it this morning so the price jumped. It may continue upwards today.
Appreciate 1
      02-04-2021, 12:28 PM   #6111
M FUELED
Enlisted Member
M FUELED's Avatar
United_States
69
Rep
46
Posts

Drives: 2017 BMW M2
Join Date: Jul 2019
Location: Texas

iTrader: (2)

Still holding 186,641 shares
Appreciate 2
      02-04-2021, 12:37 PM   #6112
NorCalAthlete
Lieutenant Colonel
NorCalAthlete's Avatar
3302
Rep
1,686
Posts

Drives: '23 M4CX - Tanzanite / Tartufo
Join Date: Aug 2014
Location: Bay Area, CA

iTrader: (0)

Initiated transfer from RH > Schwab today. They said it'll take 5-7 business days.

Hope it doesn't spike before transfer completes...but the other risk in leaving it with RH is I get locked out / "system error" when I try to sell and miss the spike anyway.

Only have 300 shares vs Mr. Big Dick 186,641 above but I'm cool with holding for the long run anyway.
Appreciate 2
jmack548.50
      02-04-2021, 12:47 PM   #6113
M FUELED
Enlisted Member
M FUELED's Avatar
United_States
69
Rep
46
Posts

Drives: 2017 BMW M2
Join Date: Jul 2019
Location: Texas

iTrader: (2)

Well shit, is that a possibility of getting locked out in Rh when trying to sell? If so I need to get out of RH too
Appreciate 0
      02-04-2021, 01:11 PM   #6114
NorCalAthlete
Lieutenant Colonel
NorCalAthlete's Avatar
3302
Rep
1,686
Posts

Drives: '23 M4CX - Tanzanite / Tartufo
Join Date: Aug 2014
Location: Bay Area, CA

iTrader: (0)

Quote:
Originally Posted by M FUELED View Post
Well shit, is that a possibility of getting locked out in Rh when trying to sell? If so I need to get out of RH too
It's happened before and is part of why they're getting sued. People tried to sell en masse on previous spikes and plays and RH froze / errored out and by the time they were able to sell it had dropped back down.

So it's not out of the realm of possibilities they'll have a "network outage" or something in the near future on a big selloff day.
Appreciate 1
jmack548.50
      02-04-2021, 01:16 PM   #6115
jmack
First Lieutenant
jmack's Avatar
549
Rep
384
Posts

Drives: OG M2, E70 X5M
Join Date: Oct 2018
Location: TN

iTrader: (0)

Quote:
Originally Posted by M FUELED View Post
Well shit, is that a possibility of getting locked out in Rh when trying to sell? If so I need to get out of RH too
Yes, they've had bandwidth/system issues during several big opportunities in the past year, then the de-listing stocks fiasco last week. They could just freeze you from selling all together if it suited them. Get with a real broker. TDA is just as beginner friendly as RH.
Appreciate 1
      02-04-2021, 01:22 PM   #6116
BMW F22
Major General
BMW F22's Avatar
United_States
3668
Rep
9,783
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

Who’s holding GME with me?! 😆 this is pretty exciting.
Appreciate 1
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:54 AM.




g60
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST