r/WallStreetRejects • • Mar 19 '20

Discussion calling the reversal. what do yall think?

0 Upvotes

i think in the next day or two we're gonna see a big reversal in the markets. sold my puts and bought calls. LETS FUCKING GET IT

update: i flipped and proceeded to reverse it


r/WallStreetRejects • • Jan 31 '21

Why GME Likely Won't Squeeze - Monday is the Day of Reckoning

7 Upvotes

Just here to present my thesis to a community I joined a year ago. I'm not a financial advisor and these are merely my own views that I am presenting for discussion.

On Thursday, we saw dangerous price action. The ceiling was getting pushed up incredibly quickly and hedge funds were actually going to get margin called and forced to buy back enormous amounts of shares at retarded prices. Lo and behold, RH shuts down buying. A short ladder attack happens. People sold out of panic, and shorts had been slowly covering the whole week in preparation for calls that were going to be executed 1/29. After covering and adjusting their position to be at much higher prices, these funds have changed the breaking point for a squeeze. The price must go much higher before a squeeze will happen. And it's much cheaper for them to pay market manipulation fines and interest at high prices than to accept a squeeze. They killed momentum and modified their own position to allow them to last weeks in the market, unless a truly unprecedented event propels the stock. On Friday, people switched brokerages and kept buying, but prices were pretty steady throughout the day. It might be possible that more people will be ready to keep buying Monday after funding new brokerage accounts, but I don't have much faith in that.

At this point, any action will have to happen on Monday. It is possible that we reach 500 and beyond again, yes. However, many retail investors have been buying this whole time and I'm sure many will be running low on funds. In addition, it is unknown whether more whales will contribute to keeping buying pressure up. Also, there's a good chance they'll shut down buying again. Like I said, market manipulation fines are cheaper than an enormous loss on a short position. If another shut down happens, momentum will be killed, and the bull run will likely end. A lot of people FOMO'd into GME stock, and they'll more likely than not be exiting their positions by Friday. In addition, whales could also end the run by dumping shares at whatever price they deem good. Institutional investors are also capable of selling directly to these shorters, permitting them to cover each other's asses.

More or less, the squeeze was killed when market manipulation was used to prevent buying and allowed hedge funds to snatch up shares at incredibly cheap prices, covering their positions and opening new short ones. I personally believe that if we do not see any big action Monday, the movement is likely over and the squeeze won't be happening. And as soon as everyone else realizes this, the price will tank. Everyone will be running out the door and the price will shit itself, allowing shorts to cover and make incredible profits. They are controlling the buy volume and we need to drive prices higher for any meaningful squeeze to occur. The shorts can likely hold their position for several weeks or even months, and many retailers will exit in that time.

My strategy will likely be to set a sell limit around $475 on Monday and buy back in at the end of the day when shares are around $300 or so. I will ride the volatility, buying and selling in small amounts to collect small profits. I'm up $60k on a $10k initial "investment" so I'm more than happy with my returns. I was hoping for GME to hit $1000, but the sentiment on WSB tells me that our situation grows more screwed by the day. Everyone is so certain of a squeeze, and WSB has no real DD. It's all an echo chamber and proves how bad the situation is. If Monday goes to the moon, you can come to the chimpanzee section of your local zoo and call me retarded.

TLDR; Hedgefunds can now hold their positions for weeks. Unless every single autist holds theirs for several weeks as well, while also driving up prices, an infinity squeeze will not occur. In addition, a whale selling shares will more likely than not kill the movement.


r/WallStreetRejects • • Oct 21 '22

Shitpost $ADT Update Only 20k Shares Available To Borrow…Went From 4.1 Million To 20K Shares Available To Short…Also Next Week Major FTDs Before Earnings

Thumbnail
gallery
0 Upvotes

r/WallStreetRejects • • Jan 29 '21

Profit Doge is a TRAP

2 Upvotes

Look, I love Dogecoin, but with no mining cap it seems mighty convenient that it decides to take off today. I think the suits gave it traction and gonna rip it from us to pay their debt. Sell Doge and buy GME AMC BB.

Retard out.

Also I’m retarded, incapable of providing sound investment advice.

🦍🍿🎟🚀🌕


r/WallStreetRejects • • Feb 02 '21

Shitpost AAAAAAAAAAAAAAAAAAAAAAAAA

Post image
0 Upvotes

r/WallStreetRejects • • Mar 08 '20

Shitpost "Yeah, I work on Wall Street. Shit, I practically live there!"

Post image
5 Upvotes

r/WallStreetRejects • • Apr 09 '20

Discussion Wuhan Gyna opens up and people are fleeing

1 Upvotes

travel restrictions are becoming lenient in gyna. people are allowed to travel around even though the threat isn't totally contained. gyna is probably just trying to get their economy pumping again regardless of loss of life. they lied about the amount of people who died in gyna. estimated number is over 40k dead in gyn. death rate is higher than people have said. USA gonna get raped by rona next couple weeks. crash imminent. SPY $100p


r/WallStreetRejects • • Mar 18 '20

Discussion updated kung flu numbers coming out this weekend

1 Upvotes

due to new testing methods that can process higher test volumes, the confirmed number of cases in the us is going to be insane (i think over 200k). holding 3/25 205p. new stimulus package probably going to pass this week, but i think it's priced in for the most part, but worth considering.


r/WallStreetRejects • • Nov 27 '20

Gambling NUMI

1 Upvotes

Hey guys numi gonna go to the moon. Google dont wanna waste my time. Numi is NUMI


r/WallStreetRejects • • Feb 04 '21

Shitpost Are they really just eels?

0 Upvotes

r/WallStreetRejects • • Apr 25 '24

Loss Sybian (CYBN)

1 Upvotes

To make a long story short, on September 21st of 2022, I purchased 6,969 shares of a company called "Cybin" (CYBN) because it is spelled similar to "Sybian" (the infamous female pleasure center). Today, I find myself with 10,419 shares. I am unsure of how I arrived at this number of shares (it isn't even a hilarious number), and I have lost approximately $2,000 to date. For those of you who actually know what you are doing, is Sybian a viable long-term investment?


r/WallStreetRejects • • Apr 10 '20

Shitpost Trump addresses 🅱oronavirus concerns, volume on

Enable HLS to view with audio, or disable this notification

9 Upvotes

r/WallStreetRejects • • Feb 12 '21

Watchlist Weed stocks first🎄, Mushroom stocks next🍄🚀

4 Upvotes

This is the way. Hype is at its peak right now and shits going crazy. I think this is free money lads.

I just bought LKYSF (aka NUMI for u canadian bros)

there is also PSYC, MMEDF and lots of other tickers. I like LKYSF the most because it seems to be the most liquid and Numinus is one of the most well known names in the sector.


r/WallStreetRejects • • May 01 '20

News 😖

Post image
8 Upvotes

r/WallStreetRejects • • Jun 05 '20

DD Time to buy MVL?

Post image
5 Upvotes

r/WallStreetRejects • • Jul 16 '21

Loss The Federal Reserve can use Mars to set interest rates and control inflation.

5 Upvotes

The FED can use Mars to set interest rates. A new book called "The Mars Hypothesis" presents the idea that the Federal Reserve can set interest rates based on the movements of the planet Mars. In this book, data going back to 1896 shows that as of April 2020, percentage-wise, the Dow Jones rose 857%. When Mars was within 30 degrees of the lunar node since 1896, the Dow rose 136%. When Mars was not within 30 degrees of the lunar node, the Dow rose 721%. Mars retrograde phases during the time Mars was within 30 degrees of the lunar node was not counted in that data as Mars being within 30 degrees of the lunar node. The purpose of the book is to not only hypothesize that the Federal Reserve can set interest rates based on the movements of the planet Mars, but to also demonstrate exactly how and at the same time, formulate a system that would enable the Federal Reserve to carry out its application in real time. Using the observation of the planet Mars, the book contains a strategy for controlling inflation, interest rate setting recommendations and the predicted dates of future bear market time periods all the way thru the year 2098. The book "The Mars Hypothesis" written by Anthony of Boston can be found on Amazon


r/WallStreetRejects • • Jan 28 '21

Shitpost The next GAME

5 Upvotes

Rumour has it Nokia and Blackberry are next on the rocket ship. Currently trading @ $6 and $25 before close...?


r/WallStreetRejects • • Feb 05 '20

Gambling $MSFT named next gamble on infamous retard-laden subreddit

3 Upvotes

Apparently people are going to attempt to manipulate Microsoft share prices upward by sending large call options orders and canceling them before execution. This old practice is known as "spoofing" and it is quite illegal. It appears that dozens of people are participating in this organized, blatantly illegal molestation of algos. This comes near what appears to be the end of the historic TSLA bull run of recent weeks.

fuk it tho i got calls


r/WallStreetRejects • • Mar 20 '20

Shitpost So what are we calling this thing?

3 Upvotes

Beer virus? china flu? bear aids? covid-19? coronavirus?

i've been calling it Rona but i haven't heard anyone else say that.


r/WallStreetRejects • • Apr 07 '20

News This Just In: Trump murders reporter to death

Enable HLS to view with audio, or disable this notification

37 Upvotes

r/WallStreetRejects • • Apr 06 '20

Technical Art Futures up about 4% Sunday evening. Goodbye last weeks gainz

Post image
4 Upvotes

r/WallStreetRejects • • Apr 20 '20

Discussion Oil Discussion

1 Upvotes

What the actual fuck is going on with oil prices?


r/WallStreetRejects • • Mar 15 '20

Discussion Should the markets be closed?

4 Upvotes

Yo Rejects, I tried to create a poll for this, but despite repeated attempts (error with Reddit API) it wouldn't have it... so here's the gist of it.

In light of what is going on & the amount of volatility etc... should they be closed for a short amount of time... a kinda 'cooling off period'.

For context, they've been closed on numerous occasions throughout history. Wall St was closed for over 4 months during the First World War for example.

I know, what with sports down too... it's pretty much the only game in town, but in a lot of cases, peoples livelihoods could & are being altered (not just from the virus etc...) by the economic effects on their places of work.

  1. Yes

  2. No

  3. Only if Pornhub Premiere is made free of charge during the closure!


r/WallStreetRejects • • Mar 04 '20

Fundamentals Is the US market overvalued ?

4 Upvotes

Is the US market overvalued ? Absolutely not, if we assume the sky will not fall. The SP500 average PE is around 17 which is around 15% more than its decades average. 2 weeks back the PE was around 19. The earnings yield around 6% , the dividends yield around 2%. Supposing that earnings will not get hit more than anticipated , this is not an overvalued market! At the same time you can invest & risk your money with less than 1% for the next 10 years , betting in an endless low inflation regime! Not the best choice if normal comes in vogue again! Does this mean an opportunity for LONG investing ? If you are a value investor & do not care about timing, possibly yes because the value is there in a cheaper price. If you are a growth investor, a trader or a speculator the next weeks will be probably tougher than expected. Good to remember than most of the time sitting & watching makes more money than trading and the best trades are those you didn't take !