$NAKR another Wallstreetbets stock$NAKR is another stock that is currently pumped up by WSB (Wallstreetbets) to destroy the shorts position by hedge funds in order to cause a short squeeze that will push price up.
A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price. Short-sellers borrow shares of an asset that they believe will drop in price in order to buy them after they fall.
If they're right, they return the shares and pocket the difference between the price when they initiated the short and the actual sale price. If they're wrong, they're forced to buy at a higher price and pay the difference between the price they set and its sale price. Short sales have an expiration date, so when a stock unexpectedly rises in price, the short-sellers may have to act fast to limit their losses.
So basically what's happening right now is that there is a reddit forum www.reddit.com that's trying to fight against institutional investors like hedge funds because they have been earning money off investors by shorting more than 100% for the available stocks which technically should not be possible. That said, this stock has not much fundamental value is definitely overvalued right now but its more of a movement to fight against the rich rather than just simply investing itself.
Gamestop
Cautiously Optimistic of StocksStocks saw some incredible volatility yesterday. No doubt some of this is related to the GameStop saga. The S&P 500 has completely retraced the bear move only to give back thse gains and settle around a cluster of levels beginning at 3737. It is likely to find support here, at least for the moment, which seems to be verified over the past few hours. If it breaks further down it will have support at 3714. the next level is in the 3600 handle at 3694. The Kovach OBV has whipsawed which is extremely rare. Usually this indicator goes with the overall trend. This is telling us that there is an extreme amount of momentum in stocks lately, in both directions: selling and buying. It is difficult to determine the overall direction of stocks, however we still remain cautiously bullish for now.
🏓Game is ON 🍿So the game is ON, again.
The people of 'Occupy Wallstreet', Reddit, Wallstreetbets and evey single one of us 'renegade revolutionaries' (there is one in all of us, including myself and you), against the machine.
Time for some music to get inspired before today's new episode of 'Squeeze wars' at the GME GAMESTOP Battleground.
Personally: I am just watching this show. Neutral
Want to trade it? Sell high, Buy low, gamble between market closing tonight and not knowing where it will open tomorrow. And off course don't risk your savings, play with money you can REALLY afford to lose. Have fun people.🍿
ps. OCCUPY WALLSTREET, I'm all up for THAT! 🦍
Bitcoin, Crypto, Gamestop, Elon MuskHello!
Here is a chart on Crypto Total Market Cap 2. I am not actually going to speak about the chart, more about fundamentals which I see right now.
I think it is time for the crypto markets to go kaboom upwards. (like they wouldn't have yet..) (Bitcoin)
Gamestop fighting. People against hedgefunds, Robinhood closing buy possibilities to the stock. This all makes Bitoins fundamentals stronger.
If you start to think about it. Everything which has a 3rd party which somehow "controls" something which people see negatively makes Bitcoins and other decentralized projects fundamentals more strong.
Elon Musk tweets "In retrospect, it was inevitable" and changes his bio to Bitcoin and after this Bitcoin rises like crazy. Here's a tweet about it .
United States and New York hasn't even woke up yet (time in New York when writtern 6.35) so I think we will see some price movement when the US stocks open. Even before.
If you take trades and are not holding for long term use stop loss.
Otherwise you will get your ass burned!
-Jebu
Silver is the latest market boomYou probably know what happened to GameStop.
The new instrument that has aroused the interest of regular investors is silver.
Yesterday we saw a rise of almost $ 2, but immediately after that the price fell off.
Today we have the opportunity to see a new rise.
Confirmation will be exit from the triangle and a break of the previous peak.
Expectations for higher values can be very high, but the initial targets for silver will be 27.36 and 28.42!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
100 Year Wave Analysis on Dow Jones: $1 million by 2040Based on neowave analysis, it looks like the stock market is reaching the end of a 20 YEAR (!) corrective pattern. Wave-e of F is currently underway and could take a couple years to complete, meaning the next few years may be choppy, but overall with the quick response of monetary and fiscal policy to any financial shocks we'll likely see wave-e skewing upwards, and then ultimately when it finishes we will begin the largest, fastest stock market bull run in history which could take the Dow to around 1 million dollars in 2040!
This will mark the beginning of a new inflationary cycle throughout all of the markets, where people will actively seek to hold any assets other than fiat currency which is increasingly being perceived as being devalued. The stock market bull run will be built on the backs of both blockchain and AI. Companies will begin holding cryptocurrencies on their balance sheets which will allow their stockholders to profit from the increase in alpha that crypto assets provide, and they will also begin using smart contracts to automate and decentralize certain market functions. We'll also see a massive increase in AI and robotics that reduces the cost of labor for many companies dramatically.
The tokenization of stocks will also remove restrictions that make it hard for people in foreign countries to trade foreign stocks, or sometimes even their own domestic stocks if the traders are unbanked. This will allow new money to flow into the US stock market from around the world and help push stocks further upwards.
We won't see it immediately, but the long-term downstream effect of all this monetary easing and printing over the last 20 years, is that prices 20 years from now are going to be dramatically higher than they are now. CPI Inflation will probably rise above 2% for a few years as the FED has increased their target for inflation to make up for the low levels of inflation we've experience during this deflationary cycle. Things like healthcare, education, and housing will cost dramatically more than they do today, basically excluding all but a small financial elite, except that the government will end up paying for it for everyone and will probably implement UBI as well. Food and energy prices could triple or more. Wages will increase somewhat to keep up with this but it won't be enough for many people. If you're not investing your money now you are looking at a not so great future. If you do invest your money this is going to be extremely profitable for you, especially if you invest into fundamentally sound cryptos.
It may take the Dow Jones 20 years to reach 1 million from 30k, but Bitcoin could do it in 1-2 years.
ENJ/USDT Might Be Smashed by the Sellers 🔨🔨🔨💡 Trade Idea
📈 Sell Limit ENJ/USDT @ 0.38546
🎯 Target Profit 0.29914
🛑 Stop Loss 0.40893
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was moving upward before reaching the 0.4655 daily resistance. It posted a head and shoulders near this level, and now it is trading under the neckline. Our expectation is a higher correction, then a move downward to the 0.29914 mark.
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Go long XSVMXSVM is an excellent ETF to give you exposure to a large variety of quality small-cap stocks. It has a low expense ratio and has a good set of holdings. Its largest holding is Gamestop, but the pain should sort itself out over the next week. I would start a position in this and continue to load the boat as it approaches the lower end of the trend line.
The small-cap value area of the market should do well in the years to come, the imminent stimulus bill should throw some more gasoline on the fire.
This is a long-term hold, 3-5 years at least. It should work out relatively short-term, say to the end of 2021; but this is an investment vehicle that is best to average into overtime for long-term gains and appreciation.
GameStop $440 in premarket GameStop GME, the video-game retailer that is closing shops because of Covid and became famous now with it's association with the Reddit message board-fueled retail attack on institutional short sellers has just touched $440 in premarket trade.
The loss-making retailer was priced at around $19 heading a few weeks ago and $60 last week before storming higher.
GameStop has become the poster child for the 2021 stock market and its incredible volatility and speculation. The stock has gained 1,700% in January, causing pain to short-sellers. A trade like none we have seen before.
The huge moves in GameStop (GME) stock have been, very clearly, the result of a short squeeze. A squeeze is a phenomenon that can occur after big gains happen in a stock that, in turn, cause mounting losses for short sellers who are forced to cover their positions.
Even Investopedia had to rewrite their short squeeze articles.
WHAT'S NEXT?
People hunting for the next Short-squeezes will be a new hobby to many. Especially young traders, normally those who are currently on Instgram and Telegram groups about cryptos.
What I would also expect is the SEC coming out with some new circulars.
ps. I heard about this on Youtube but for sure there will be a film about all this in a few years. Title ' The Big Squeeze' 🙈
$GME gamestop rallyHere are some of the stocks getting pumped right now. Enter at your own risk because this is super super risky.
$GME, $BB, $BBBY, $AMC, $PLTR, $NOK, $NAKD
$GME gamestop has been getting pump for a long time now. Individual investors — particularly on the Reddit chat forum “WallStreetBets” — began buying GameStop shares and encouraging others to do so. GameStop's shares are now up nearly 1,700% so far in 2021 -- and it's still January. An epic short squeeze is believed to be fueling the rally -- one led by an army of individual traders that are using social media sites like Reddit and Twitter to coordinate their strikes against short-sellers.
By buying heavily shorted stocks en masse, these bear slayers are driving up their price. Short-sellers, in turn, are suffering staggering losses. To stem the bleeding, many short-sellers including multibillion-dollar hedge fund Melvin Capital have been forced to exit their positions. This requires that they buy back the stock they sold short, which has likely helped to drive GameStop's price even higher.
GameStop - STOPReached a potential Top
As im caught up in the hype I will publish accordingly
I believe this is a black swan event that will blow off
Much like the euphoria from DOGE's pump a few weeks ago
It can be clearly seen it went for a bullish break (in the green box) after cracking the downtrend
THE NEW NEFLIX OF VIDEO GAMESshort until 175$ after that bullish
the next earning report will be the 1 april.
they will annonce a split 7 to 17 i dont know yet how much it will be the split number.
share outstading. 61M and market cap 21 BILLIONS!!!
Netflix have 434M share out. 231B market cap
microsoft is the new power of internet. they have a contract with game stop. { CLOUD }
even if apple , youtube , amazon and much more. the big power of movies app is netflix. good reputation.
it will be the same for game stop!
PLEASE COMMENT YOUR IDEAS! THANKS
The end of an eraFor years short sellers had their fun. They do fundamental research, short, and then let everyone know. They don't hold back on fear mongering.
And this worked for years. But nothing works forever. The US are entering bubble area and money is being thrown at stocks left & right.
Massive & highly advertised short positions lead to short squeezes, and it is happening more frequently. It had to backfire eventually.
The price of GME rallied after the WSB forums decided to aggressively buy if you didn't know.
Laws on market manipulation are not very clear, what WSB did might get considered illegal or it might not.
Regulators might try coming up with something against it, or maybe not since they only act when price went down, if price went up (legally or not) they never care.
As everything else this won't work forever, regulators or not, I would be surprised it worked more than a few times.
I am seeing people say "learn a lesson that you should never short anything", that's a pretty "dumb money" thing to say.
What I would get out of this is don't ever get complacent, and avoid something if too many people are doing it/know about it.
GME short interest was over 100% and they screamed on roofs they were all in short. Really asking for it...
It's always fun to try and catch the market peak and with all the taxi drivers giving people stock tips it might not be very far, but there are a lot of variables, and I do not think it will be obvious (maybe it will).
Maybe cautious Wall Street guys will give up and just end up going all in with leverage.
I could not tell if the top is months away or years away, maybe it goes back and forth with a China culture war to replace the trade war fluctuations.
We might not get a clean top and crash at all, but rather something really choppy and bad, or the price could keep going up like the Venezuela, Argentina, and Zimbabwe stock markets. Crash while going up.
A possible good play some might want to consider is to short the more bad companies (that are not crowded, nice and under the radar), and buy the better ones.
When the crash comes these shorts would cover losses.
Forex has been quite a choppy unpredictable mess for me for the past 3 months, maybe everyone is too busy getting into crypto & stocks? Follow the money.
Follow the whale. The casual retail millenial whale. Until they run out of money. I don't think we are at max euphoria yet, but it can't be very far.
YOLO! THE CASINO IS OPEN.You Only Live Once! That's the sort of sentiment that's driving Gamestop north like nobody's business.
GME share price rocketed only because a bunch of Robinhoods pumped it. Then some guy who builds rockets tweeted about it, and it moved madly more north than ever.
Billions were lost by short sellers, and they then turned long joining a load of other late comers. Price when to 'the moon' and may reach MARS next stop - some say. 🤦♂️
There is nothing of fundamental value matching GME's share price. Market value has hit $10 Billion for what? Nothing. Robinshoods were quite open about it that they just got onboard, driven by FOMO and YOLO.
There is much to be learned in this one. How? Because similar forces are driving the DJI and Tech indices in America. DJI current value exceeds true value by about 20 times.
All of this madness was played out in the Dotcom bubble years ago. We know how it ends. We don't know when it ends. The beginning of the end, is right now.
This is absolutely not a recommendation to invest in this stock.
There is good educational value in watching this stock. New traders would benefit from having a shot, only on Tradingview's paper trading account.
GME Blow Off Top to End RallyYou can see 5 waves has been completed with mass short squeezing and buying. Today gapped up and so far we have not been able to stay above the open.More than likely we will gap down over night and selling should start very soon. This is going to fall just as fast as it came up. Be careful.
Gamestop: Is It an Act of Pump & Dump ❓The Game Stop share has been in a rally since mid of January.
The last two days this stock rallied from 79.30 $ to 355 $ / share, this means an increased in value by 4.5 times or 348 %.
Many analysts and investors they are insisting that there is an act of " Pump & Dump " which is illegal, and if anyone is found guilty of that will end up in Jail. One of the main drive of this hype is the social media communities such as "
WallstreetBets ", and " Reddit " where traders are promoting this stock to pump it. As we know in " Pump & Dump " scheme , a group of traders make a huge amount of profits in a short period of time by holding a micro or
small cap stock and try to pump it by convincing other traders to buy it, and once the buyers come in, they dump their shares and cause a huge drop in the share price.
Now everyone is talking about this share, and curious of what will happen next. Currently, at this price level there is no much historical data to predict what's next. All we need to rely on to predict what's the next price might be, is to
use the round numbers in case the price continued the upward movement.
Let's see when this fiesta will end and if there will be any bloodbath after the rally ... ❓
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️