(Topic ID: 175889)

Stock Market Traders?

By kpg

4 years ago


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#9051 10 months ago
Quoted from Fifty:

GME is fine for the next 5-8 years. The latest console releases included a physical media player. As long as Sony, Microsoft and Nintendo keep doing this then 100% streaming media will not happen. They must be making money from physical media, or they wouldn't bother even providing the option.

It actually benefits the consoles more to go 100% streaming

#9052 10 months ago
Quoted from BMore-Pinball:

Best advice I ever learned in the market
Buy a lot when everyone is running for the exit
Sell when people start asking for stock advice that have never been in the market before
Served me great during the 08/09 crash
and the covid crash

LOL So are you out now?

The advice I heard was similar but slightly different in that:

Buy when people say it's going to go down
Sell when people think it can't go down.

#9053 10 months ago
Quoted from BMore-Pinball:

The world is quickly moving towards 100% streaming media only
I don't see an existence for GME in the long run
Maybe if they find a way to press video games onto vinyl

I play videogames and pretty much refuse to buy via download whenever possible. While disk space is a factor, I don't like the idea of the download having a finite length of time that it will be available for play.

#9054 10 months ago
Quoted from ReplayRyan:

Don't forget the element of time. Iceman and others here are often talking about buying low and holding for the long term...years, maybe decades. That is how you slowly build wealth.

Biggest mistake I have made investing, selling too early and not holding long term. This is definitely a winning strategy if you pick good solid companies that make consistent profits.

#9055 10 months ago

What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).

I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.

I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?

#9056 10 months ago
Quoted from Zablon:

LOL So are you out now?
The advice I heard was similar but slightly different in that:
Buy when people say it's going to go down
Sell when people think it can't go down.

not out ... but getting cautious

#9057 10 months ago
Quoted from Parzival:

What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).
I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.
I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?

My only experience "day trading" was the meme stocks, and I did not enjoy that experience very much. As others have mentioned it was very high stress and you have to be glued to the information streams. If I'm going to gamble I'd normally rather do it in a casino where at least i get free drinks.

I'm good playing the long game for a while before I need that kind of rush again.

#9058 10 months ago
Quoted from Parzival:

What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).
I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.
I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?

I guess it would depend on if you enjoy it. Based on the past two weeks, I don't think I could do it. Watching ticker symbols like a hawk for 8 hours+ a day wore me down. It sounds like you have a handle on it though. No debt, except for a mortgage and separate accounts is the way to go. As long as your mortgage isn't something like 9% for 35 years.

#9059 10 months ago
Quoted from Parzival:

What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).
I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.
I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?

I did technical day trading for about 2 years off and on.

1. It takes a tremendous amount of time because you have to constantly be watching
2. You have to be quick
3. You will lose some and have to be mentally okay with that and LET GO of those stocks
4. Day trading rules / wash rules

Most people lose more than they win because they cut the winners too soon and don't get rid of the losers soon enough. If you can keep your losses low, you're ahead of the pack.

Ultimately, I don't see an issue with it occasionally, but to try to do it constantly can be stressful. I would suggest finding a group on slack or discord that you can join that has the same goals. In these scenarios you aren't planning on holding, you are only looking at short term technicals.

I was lucky in that I actually did pretty decent at it, but I am very conservative in my plays. One bad play can wreck any profits you had. I saw many people lose a lot of money. I did have a few I bag held for a year or so (FTFT being one of them) and I was okay with those never coming back, but I lucked out in that both of those eventually came back and made very nice profits. The smarter play though woudl have been to sell them and put that money elsewhere.

#9060 10 months ago

If I was to day trade I would sign up for one of those instant stock streaming websites so that I get real time analytics. I can't see day trading without one unless you want to be at a disadvantage right from the start.

#9061 10 months ago

Buying and holding can be difficult as it's hard not to get emotional looking at that stock ticker. I think the trick is to only invest what you are comfortable with, it's up to the individual what is their sweat point. And more novice investors probably should lower their targets.

One big thing to note is the stock forums are filled with bots trying to confuse you into making a mistake.

#9062 10 months ago
Quoted from Fifty:

If I was to day trade I would sign up for one of those instant stock streaming websites so that I get real time analytics. I can't see day trading without one unless you want to be at a disadvantage right from the start.

Part of the problem is things have changed in the last year or so. You USED to be able to get real time and even L2 pretty easily. Now everything has went behind paywalls and accounts or extremely delayed stats. I used to use freestockcharts.com and thinkorswim without issue, but fsc was bought up and no longer available, and tos while still there requires an actual account with them.

#9063 10 months ago
Quoted from ReplayRyan:

I've been buying things like AMZN, AAPL, MSFT, WMT for the long haul and energy stocks for the short term, with some occasional swing trading in LEN and PHM, BABA, CURI, and PINS.

I picked up some BABA yesterday after it's price was unexpectedly down after a great earnings report. It's up nearly 5% today. It was definitely a stock I'd been planning on starting to buy for the long haul, yesterday seemed like a good day to start.

#9064 10 months ago
Quoted from JodyG:

Anybody in on SNAP? I bought a few shares on anticipation of a decent earnings report tomorrow.

233 @ $10.75 5/18
230 @ $21.67 3/17

I bought more when it was down because my wife and her friends were still using it all the time... Glad I did!

#9065 10 months ago
Quoted from JodyG:

Anybody in on SNAP? I bought a few shares on anticipation of a decent earnings report tomorrow.

Bought some back when it was $22 on a guess. Still holding.

#9066 10 months ago
Quoted from Parzival:

What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).
I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.
I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?

I've tried it. I've read countless books on daytrading, technical analysis, indicators, etc. I'd have real time charts with indicators going on 3 monitors at once. I'd watch channels, VWAP, falling/rising wedges, support/resistance, moving averages, etc. I found I was great at making $100 10 times in a row, then losing $1500 in one quick wrong trade.

#9067 10 months ago
Quoted from loneacer:

I've tried it. I've read countless books on daytrading, technical analysis, indicators, etc. I'd have real time charts with indicators going on 3 monitors at once. I'd watch channels, VWAP, falling/rising wedges, support/resistance, moving averages, etc. I found I was great at making $100 10 times in a row, then losing $1500 in one quick wrong trade.

What about setting conservative stop losses to catch wrong moves after that analysis to mitigate losses?

#9068 10 months ago
Quoted from Deaconblooze:

What about setting conservative stop losses to catch wrong moves after that analysis to mitigate losses?

Maybe, but if you set it too conservative, like 1-2%, it's going to get hit on normal price fluctuations. Too many times I saw a stop get hit exactly on the number, then reverse hard the other way.

#9069 10 months ago
Quoted from Deaconblooze:

What about setting conservative stop losses to catch wrong moves after that analysis to mitigate losses?

Stop losses are great for regular stocks but can be touch with day trades. I got stopped out a few times on AMC due to the volatility. Really left a taste in my mouth, even with being up. Done fishing in the low end on stuff like that.

#9070 10 months ago

So is PINs going to be a sell the news story tomorrow?

#9071 10 months ago

I think there's some absolute rules you must follow to be successful daytrading. Never ever add to a losing position. Don't go "I'm down 5%, if I just double down, it only has to get half that back and I'll be even overall and I promise I'll get out and never do it again". If you really day trade, never hold a position overnight. Too many uncertainties. That 1% chance of something bad happening will get you eventually.

#9072 10 months ago

For those of you with an AMEX card, you can select Motley Fool under your offers. Then get the Motley Fool premium for 1 year. It will cost $99, then you'll get a credit of $99 from American Express.

I just joined.

#9073 10 months ago
Quoted from pinnyheadhead:

Not you but a lot of folks spend time following the short squeezing even though they are not doing anything with them. Those are interesting, no doubt, but FWIW some good long term hold options are pulling back and it may be a wise to keep an eye on their pull backs to possibly add for the long run, PINS SE CRWD FVRR MELI NET come to mind.

Snarky post coming.

Gains from a week ago when I posted this Jan 27th up until now

Pins +19%
SE +17%
CRWD +6%
MELI +10%
NET +11%
FVRR +14%

Best part is you can keep these 10 years and have a good chance for 4x your purchase.

Sorry for the interruption. Back to movie theaters and brick and mortar retail talk.

#9074 10 months ago
Quoted from jorge5240:

So is PINs going to be a sell the news story tomorrow?

It could be. If you read the write up I posted it seems PINS is in the catbird seat with e-commerce, search and ad spending trends

It takes years for the story to play out and PINS is in the “early innings “

I use the site every day

Buying more Apple again on its earnings report and projections. Most analysts are still in the dark ages on how they value Apple and the multiple recurring revenue streams they are dropping into the ecosystem

But it’s good to see PINS hit a new high. If Google saw ad spend explode it’s hard to believe it didn’t happen on PINS

#9075 10 months ago
Quoted from Bork:

For those of you with an AMEX card, you can select Motley Fool under your offers. Then get the Motley Fool premium for 1 year. It will cost $99, then you'll get a credit of $99 from American Express.
I just joined.

Nice! Thanks for the heads up

#9076 10 months ago
Quoted from pinnyheadhead:

Snarky post coming.
Gains from a week ago when I posted this Jan 27th up until now
Pins +19%
SE +17%
CRWD +6%
MELI +10%
NET +11%
FVRR +14%
Best part is you can keep these 10 years and have a good chance for 4x your purchase.
Sorry for the interruption. Back to movie theaters and brick and mortar retail talk.

Lol. My sentiments exactly. Waiting for the day trade chatter to die down

#9077 10 months ago
Quoted from Bork:

For those of you with an AMEX card, you can select Motley Fool under your offers. Then get the Motley Fool premium for 1 year. It will cost $99, then you'll get a credit of $99 from American Express.
I just joined.

Great find!

#9078 10 months ago

iceman44 curious about your thoughts on POSH and a good entry point

#9079 10 months ago
Quoted from Parzival:

What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).
I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.
I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?

I have a friend that day trades FX. He works full time and only day trades 1.5 hours each morning. He is very strict with his trading, makes a certain number of PIPs per day (FX lingo) and then stops for the day. He is doing so well he is giving up work in a couple months. I think day trading is very hard to have consistent profits. Anyone can make money when the market is going up. It gets much harder when the market is in a downturn or moving sideways. Especially when you depend on the money to survive. Then you make different choices than when it doesn't really impact your lifestyle.

#9080 10 months ago
Quoted from Friengineer:

Why on earth would anyone buy online games through GME? Xbox, PS5, Steam, Epic, etc, etc. Gme is a dead company. I go to my local game trade for the experience. Gme has no store experience. They need an Angela Ahrendts to turn their stores into a one of a kind experience.

The time to buy snap was near ipo for $12.

GME is hiring top notch executives to migrate their business model. Much like Netflix. Remember when everyone said Netflix was a dead company for mailing DVDs? How did that turn out? I'm not for a minute suggesting that GME will have the growth that Netflix has. But don't be too short sighted in thinking GME is a 'dead' company.

#9081 10 months ago
Quoted from iceman44:

It could be. If you read the write up I posted it seems PINS is in the catbird seat with e-commerce, search and ad spending trends
It takes years for the story to play out and PINS is in the “early innings “
I use the site every day
Buying more Apple again on its earnings report and projections. Most analysts are still in the dark ages on how they value Apple and the multiple recurring revenue streams they are dropping into the ecosystem
But it’s good to see PINS hit a new high. If Google saw ad spend explode it’s hard to believe it didn’t happen on PINS

I just bought more Apple as well. Gambling is fun but with real money got stick to the strong and steady.

#9082 10 months ago
Quoted from Parzival:What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).
I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.
I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?

My brother tried to do it with mixed results. Some days he’d make $400/$500 on a trade(s) but it was not something he’d make money on everyday and some days he’d lose money.

Eventually he gave it up. He was never a full time day trader just a novice trying to see if it was easy money.

#9083 10 months ago
Quoted from robertmee:

GME is hiring top notch executives to migrate their business model. Much like Netflix. Remember when everyone said Netflix was a dead company for mailing DVDs? How did that turn out? I'm not for a minute suggesting that GME will have the growth that Netflix has. But don't be too short sighted in thinking GME is a 'dead' company

Not a great example. Netflix basically changed the landscape by going to a streaming model. Now there is netflix, hulu, apple tv, etc. What I'm saying is gme isn't first into online sales or even a subscription model. They cannot compete with xbox, ps5, steam, epic or anyone else. Their stores blow! It's GG.

PS5 with no disk reader is $400, PS5 with disk reader is $500. The general population will move towards no disks in future console generations.

#9084 10 months ago
Quoted from nwpinball:

I picked up some BABA yesterday after it's price was unexpectedly down after a great earnings report. It's up nearly 5% today. It was definitely a stock I'd been planning on starting to buy for the long haul, yesterday seemed like a good day to start.

Hello.

I have been wanting to bring this guy up. He’s a ‘Value investor’ like Buffet and Ben Graham. If you watch him you’ll learn a lot.

He has a ton of videos here is his assessment of Baba. I’ve been buying for the past 4 months.

My friend is from China and I asked him if there was a worry because China is a totalitarian state but he said Baba is the crown jewel of all Chinese companies so unlikely they’re going to rock the boat.

#9085 10 months ago
Quoted from Parzival:

What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).
I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.
I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?

I did it last year for a couple of months. It is tough because you really have to be attentive. Get a call for work and look away for 15 minutes, you might have just lost your profit. Can be quite stressful. I have switched to mostly positional trading along with a small portion of my portfolio for swings or short term positions.

#9086 10 months ago
Quoted from Friengineer:

Not a great example. Netflix basically changed the landscape by going to a streaming model. Now there is netflix, hulu, apple tv, etc. What I'm saying is gme isn't first into online sales or even a subscription model. They cannot compete with xbox, ps5, steam, epic or anyone else. Their stores blow! It's GG.
PS5 with no disk reader is $400, PS5 with disk reader is $500. The general population will move towards no disks in future console generations.

Yea I don't see Gamestop being successful in the digital game space. I believe they need to pivot more towards PC gaming...especially hardware. Competitive gaming as well. Their biggest strength to me is the amount of brick and mortar stores they have.

#9087 10 months ago
Quoted from robertmee:

GME is hiring top notch executives to migrate their business model. Much like Netflix. Remember when everyone said Netflix was a dead company for mailing DVDs? How did that turn out? I'm not for a minute suggesting that GME will have the growth that Netflix has. But don't be too short sighted in thinking GME is a 'dead' company.

Quoted from Palmer:

Yea I don't see Gamestop being successful in the digital game space. I believe they need to pivot more towards PC gaming...especially hardware. Competitive gaming as well. Their biggest strength to me is the amount of brick and mortar stores they have.

Much like Macy’s, those brick and mortar stores will be the death of them I am afraid. They won’t be able to pay the rent soon the way the business is going.

#9088 10 months ago
Quoted from pinnyheadhead:

Snarky post coming.
Gains from a week ago when I posted this Jan 27th up until now
Pins +19%
SE +17%
CRWD +6%
MELI +10%
NET +11%
FVRR +14%
Best part is you can keep these 10 years and have a good chance for 4x your purchase.
Sorry for the interruption. Back to movie theaters and brick and mortar retail talk.

I bought all of these except MELI back when Ice mentioned the MF list. CRWD is the only one I'm currently down on. Also bought OKTA, AI at the same time. They've all been doing really well.

#9089 10 months ago
Quoted from Friengineer:

Not a great example. Netflix basically changed the landscape by going to a streaming model. Now there is netflix, hulu, apple tv, etc. What I'm saying is gme isn't first into online sales or even a subscription model. They cannot compete with xbox, ps5, steam, epic or anyone else. Their stores blow! It's GG.
PS5 with no disk reader is $400, PS5 with disk reader is $500. The general population will move towards no disks in future console generations.

You keep mentioning xbox (Microsoft). You do realize that GME signed a multiyear deal with Microsoft to sell their subscription services with consoles?
We don't know what GME will or will not do to expand their business model. But some pretty high power execs are signing on and buying stake into the company to do something besides let in languish. Time will tell.

#9090 10 months ago
Quoted from robertmee:

You keep mentioning xbox (Microsoft). You do realize that GME signed a multiyear deal with Microsoft to sell their subscription services with consoles?
We don't know what GME will or will not do to expand their business model. But some pretty high power execs are signing on and buying stake into the company to do something besides let in languish. Time will tell.

Seems like this may be more of a benefit to Microsoft than GME
https://www.globenewswire.com/news-release/2020/10/08/2105861/0/en/GameStop-Announces-Multi-year-Strategic-Partnership-with-Microsoft.html

#9091 10 months ago
Quoted from Mad_Dog_Coin_Op:

Much like Macy’s, those brick and mortar stores will be the death of them I am afraid. They won’t be able to pay the rent soon the way the business is going.

Actually the stores were an asset. They've sold most of them and are leasing back the space at much better rates during the pandemic as retail space is cheap. Doing so, they erased almost all debt.

I'm not certain they will survive, but the information that's being presented isn't exactly accurate. They are positioned to actually do well coming out of the Pandemic.

#9092 10 months ago

Seems beneficial for both. When that was announced, GME jumped 44% in value.

I don't want to turn this into the GME thread, so it's my last post on the subject. Everyone do their due diligence and make their own decisions.

Edit: And for the record, I have no stake in GME. I bought 1 share to 'screw the man', but I never jumped onto the hype train.

#9093 10 months ago

Anybody rolling with Draftkings (January 6) and Golden Nugget (January 29)? Up 21.7% and 8.2% respectively.

#9094 10 months ago
Quoted from robertmee:

Actually the stores were an asset. They've sold most of them and are leasing back the space at much better rates during the pandemic as retail space is cheap. Doing so, they erased almost all debt.
I'm not certain they will survive, but the information that's being presented isn't exactly accurate. They are positioned to actually do well coming out of the Pandemic.

Has anyone ordered something from Macy's online during the pandemic? I've had multiple bad experiences and now written them off forever. Ordered two pairs of jeans, they later changed my order to 1 pair and said they had no more stock, then took 2 weeks to ship to me. Ordered a frying pan and a cookie sheet, they notified me days later the cookie sheet was out of stock and would ship later. The pan arrived in a week and was fine, the cookie sheet arrive 3 weeks later and was only packed in a plastic bag mailer and was totally bent up. Contacting customer service via email was a nightmare, they seemed to be dragging out every response so I'd miss the return window. Finally got action via their website chat, but then they processed the return for the wrong item, the pan instead of the damaged cookie sheet. I just sent the cookie sheet and figured they would figure it out... they did eventually, but it took another 3 weeks to get a refund. They seem understocked, understaffed and are cutting way too many corners, I don't see them surviving if other customers are having the same kind of experiences.

#9095 10 months ago
Quoted from robertmee:

You keep mentioning xbox (Microsoft). You do realize that GME signed a multiyear deal with Microsoft to sell their subscription services with consoles?
We don't know what GME will or will not do to expand their business model. But some pretty high power execs are signing on and buying stake into the company to do something besides let in languish. Time will tell.

I never touched Gamestop (even prior to all this noise and controversy). The main reason being that I *hated* going into their stores. They were sad, the people were rude and it just felt like shopping in a flea market. Just before Christmas I was given a Gamestop gift card and I quickly went to Gamestop and purchased another gift card with it (they let me do it in the store but not online) because I didn't want to buy a game from them. One of my big pet peeves was that the games often come open even when sold brand new (they take the disc out to prevent stealing). I don't want a brand new (but opened game) for $1-$5 more than I can buy it on Amazon for.

I understand that nearly half their profit comes from reselling used games (kid trades in a title for $25 and store resells it for $55). This model is going away in favor of digital and to argue otherwise is like claiming VHS is making a comeback.

To be clear, I dislike digital and still buy all disc based games yet all my games come from Amazon, Target, Best Buy (basically ANYWHERE ELSE). I buy a lot from Limited Run games because I 100% prefer physical media. That being said I am slowly becoming the minority on preferring physical media and a 12 year old kid with $10 is going to buy digital when on sale because he doesn't have to get a ride to a store and he just wants to play a game (physical or digital).

Purely my opinion but I think anyone believing Gamestop has a long term future (without a huge pivot to doing something else) is in denial. This is not investing advice - just the opinion of some guy who avoids these stores like the plague and has for many years. I don't invest in products I actively avoid and dislike.

#9096 10 months ago

AMC is moving up, about to break 10.

11
#9097 10 months ago
Quoted from djreddog:

AMC is moving up, about to break 10.

Not touching that fucking stock again. Have taken it off my screens. Lessons learned.

#9098 10 months ago
Quoted from DBLM:

Anybody rolling with Draftkings (January 6) and Golden Nugget (January 29)? Up 21.7% and 8.2% respectively.

I am a huge proponent of Draft Kings. I have decent position I am going to continue to grow. But it is pretty volatile but i guess nothing is as volatile as GME and AMC. LOL

#9099 10 months ago

Got out of GME on this current run at 108. Bad play is a bad play.

#9100 10 months ago

AMC is a pump and dump right now. Too volatile to be of any use any more. It could easily lose 50% during any after hours trading period this week.

GME is impossible to read right now. I hope the holders are right, for many reasons. But I'm done watching it.

I like AMD where it is and for a long hold play.

At the end of the day, I think AAPL is a tremendous value right now and bought it 3 to 1 over anything else I played with over that last 10 days.

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