Boiler Room: The Official Stock Market Discussion

HoldThisL

Captain L
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True. But I feel like whatever glitch in the matrix that allowed GME to explode out of nowhere, they aren't going to allow to happen to AMC.

Just seems like common sense to me when dealing with greedy hedge fund ppl...

But hey, I'm new...

You are not far off, but they already did it with the restrictions that they put in place for these apps. GME would have probably been near $700 already and $AMC would have been near $80-100 or maybe higher if what happened the past two days did not happen. These meme stocks are running mostly on momentum/hype.

I still expect $AMC to get to a huge price though. It just gonna take a while. Maybe you will see more action next week.
 

dora_da_destroyer

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True. But I feel like whatever glitch in the matrix that allowed GME to explode out of nowhere, they aren't going to allow to happen to AMC.

Just seems like common sense to me when dealing with greedy hedge fund ppl...

But hey, I'm new...
it's wasn't out of no where - go read up on a short squeeze, go back to reddit GME threads from late summer - Dec...
 
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L&HH

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Everything is red except for the meme stocks...:unimpressed:
This is a good thing. That means there’s a lot of money to be made when the meme is over and those stocks rebound. Also the rebounding of those stocks could time well with another stimulus package, tax returns, opening up of states, etc. We’re sitting on a golden opportunity here. If you’re not risk averse for the GME wave I think there’s still a lot of money to be made elsewhere especially on the blue chips
 

Liu Kang

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You don't pay taxes on capital gains? Or you don't get to claim capital gains losses on your taxes? If your country lets you harvest capital gains losses and claim them with no wash sales that's wild.
Hum, you got me doubting but last time I read about it. We pay 30% on capital gains in France and you can deduct losses only from gains of the same year and for the same type of security up to 10 years after the fact. The losses can be deducted from your taxes at 30% rate. If I have a 10K loss in a year, I can subtract 3K from the revenue I had. But I'll have to look again, I'm not sure any more :lolbron:
 
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