Congratulations on the trade. I have to admit I was slightly surprised you did it, after your comments about Bitcoin and investing in something driven by sentiment. It was clearly a smart move, but the move in the market was purely driven by sentiment as we all know Game Stop is in serious trouble. I fully understand the position with the Hedge funds shorting the stock but the investors pushing the price up was purely based on sentiment.I buy 263 shares at $19 sell at $455
after commission and fees you are probably right.
Congratulations on the trade. I have to admit I was slightly surprised you did it, after your comments about Bitcoin and investing in something driven by sentiment. It was clearly a smart move, but the move in the market was purely driven by sentiment as we all know Game Stop is in serious trouble. I fully understand the position with the Hedge funds shorting the stock but the investors pushing the price up was purely based on sentiment.
I would interested on your options on other Crypto Currencies. Akash Network seem like a great investment based on the team and the cloud infrastructure they are building. Plus getting 48% apy staking the tokens which are already double my entry point. There are also potential dividends for token holders.
The more it seems like there is active manipulation/collusion going on, the more likely it seems to me that interventions will be made, either by trading platforms themselves or the SEC, etc which would collapse the share price. From reading wallstreetbets as an observer it’s difficult not to take the view that this has nothing to do with the shares themselves but is a concerted effort to manipulate the market.
I hope a few people took my tip from the begining of January. Akash Token is up 625% to £4.36 per token. Really strong project that sits behind it delivering the world's first decentralized open source cloudWorth looking into the Akash token AKT. The Akash cloud looks promising and you can get 48% interest staking. Token currently at £0.60 with tiny market cap. Looks like a promising one to hold when you look at the team behind it and what they plan to do in the Cloud market place by undercutting AWS, Azure and Google Cloud.
Small world indeedYes - definitely a small world.
I lived around Southall and Greenford for several years - came to London from Yorkshire as a student at Brunel, Uxbridge then got a job at Ealing Hospital (St Bernard's mental hospital before they knocked it down and built flats) doing IT stuff, then worked for the council in Wembley for 20+ years. In Southall I lived on Orchard Ave, Stanley Road, Greenford Avenue, then in Greenford on Greenway Gardens then Costons Avenue near the A40 roundabout before getting married.
I like the gaming possibilities opened up by EnjinCongratulations on your trade. Fortunately most of what I hold now in Crypto currencies is pure profit as I always take my initial stake out and some of the profits. Like most things it's important to diversify. Admittedly there are a lot of scam coins, but there are some really good projects in the space that are doing some amazing stuff. I am just surprised that with your Tech background you’re not more into what’s going on in the crypto space. Even if you’re not interested in investing financially.
Decentralised Finance, Decentralised Cloud Infrastructure, Decentralised Social Media. They all have the potential to change the current landscape a lot which could be a double edged sword.
To make 825k you must have stuck millions on Tesla.Hell no, and Musk's action only underlines; it's only a total ****wit that invests in this madness - but I notice you're quiet now Andy! I hope nobody listens to your insanity. Better placing a tenner on a nag at aintree.
But just to keep you super happy, I made just under £825K (AFTER charges, commission and tax) on shorting Tesla stock that lost 20% of its value because of this stupid move by Musk.
He can afford to lose money but the average idiot in the street can't afford it, but your like me Andy aren't you? you are financially independent and can afford it so why worry!
To make 825k you must have stuck millions on Tesla.
For someone with millions you have a crap pinball collection haha.
Sent from my Atari 2600
Russ you've no idea how right you are and its pretty much what happened to a work colleague of mine.What’s the best way to make a million, start with 2 million
Dropped below 44k last night, back in the game, Might be further drops in March so will grab more. Plan is to just sit on this for 5 years now, will either have a **** ton of cash or have **** all LOL who knows who cares its all a gamble
So the question is Neil did you order the M5 CS with this mega profit?spoken like a true underpants trader. You only need big money if it goes wrong and yes lots of digits involved.
but it’s not even near my biggest trade - buy at $5 sell at $130 a day later... EXDS
I've been waiting on Munich to confirm that they will do me one in white but they are being very slow. EXDS and COLT was back pre the .COM Big Bang and cars were a different level of craziness.
My bigger issue is the M4 as the new one is uglier than the backbox on an American pinball game.