Author: u/rensole
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Good morning San Diago,
I am Rensole,
Do you smell that? pass that!
insert flashy intro card
As always none of this is financial advice, just a typewriter ape
Yolo with Domo
https://www.reddit.com/r/Superstonk/comments/mtnian/official_ama_justin_dopierala_founder_and/
today at 4:20
DFV FUD
Ok letās start with the obvious one in the room, Iāve seen loads of people/new accounts say DFV sold.
No he didnāt, why? he is a value investor, he sees deeper fucking value in a company, and it would be stupid to put this much in and pull out BEFORE the transformation of the company is over.
So the argument of him having pulled out is nonsensical.
He will at one day though because doing a stock market is to make money, but donāt expect any value investor to stop halfway through.
Twitcher offered a 1000 to lie, lied yo
People were quick to jump on this but the dude who said he was offered a 1000 bucks to post bad shit about GME was lying, again be sceptical even if it feeds into your bias.
the post got removed, as the person himself confirmed later that it was fake.
Team for the man with a plan
https://www.sec.gov/news/press-release/2021-68
Gary named his initial team, give it a read and know who youāll be working with.
Again yes I know the SEC had been lacks to say the least, but again I believe that this guy can bring big changes.
Also a brief overview of the recent filings.
MacD
good thread about MacD
Not sure if the correlation is caustation
60% of the time time it works a 100% of the time
6 out of 7 of the biggest american banks have made a statement in the past week.
Give it a decent read.
Theyāre watching
So as that thread stipulates they are watching us, I mean I would if I were them. look at all the free data we offer them
but we are doing the same
Again not sure how accurate those google results are but interesting none the less.
Canāt stop wonāt stop
NEW GAMESTOP
So at this point you might think āok Rennie, itās missing itās OOMPH todayā, and youāre right Iāve been focussing on something else, yesterday I got pulled aside by some friends and howĀ r/superstonkĀ is looking right now and I had to take a good hard look at the sub and the mentality we hold.
And I personally didnāt like some of the stuff Iāve seen, people who are trying to help are getting called shill because they come with lower numbers, people who want to help and immediately getting kicked to the side as shill, this is not what I want guys.
Again we need to keep our head straight and look at every possible scenario.
None of this is financial advice, but I do feel people should examine their risk/rewards.
I know many of us will jerk react to what I am about to say and think it is FUD, but I feel it is something we need to explore as the MOASS is impending. There are several things that you need to know when it comes to extremely high market volatility. Selling isnāt as easy as pressing āsell at marketā and expecting the number you āsold atā to appear in your brokerage account. When trading in extremely volatile conditions, like the upcoming squeeze, itās important to know exactly HOW to exit your position and not fall victim to these traps.
I know that the DD on this sub is good but in trading nothing is a 100% guaranteed
This is not meant as FUD in any way, but rather to get everyone to think about their own positions and what they want to do, and how they want to do it. also if possible to get people talking and have different conversations so people make an educated estimation/decision of what they want and how they want it.
This is a personal choice for everyone, so listen to your own logic, reasoning and research.
Iāve seen a lot of people talk of 100 million is a āsure thingā, Iām sorry I know you all like this but I want everybody to be grounded for this.
The statistical probability this will even reach 1 million is an anomaly, Iām not saying it wonāt happen Iām saying in my personal opinion I donāt expect to reach that level. Yes I know the memes of 1 million and everything, but letās be honest there is a high likelihood that before that happens the government would step in, the nasdaq would stop trading or something else can happen.
We do not know how far it will go.
And just as much theĀ gmefloor.comĀ thing, please realise itās a meme.
The thing is with a short squeeze it is impossible to know how high it can, or will go to or how long it will last, Iāve seen people post it would be minutes, Iāve seen others post that it will be days. One thing I do have to say is that I rethought my own exit strategy, it used to be ācatching the falling knifeā but it has changed as I think it would be closer to catching a falling piano.
so this leads me to my other point.
Everyone here should evaluateĀ their ownĀ Risk vs reward situation.
And at the same time Iād ask you to be realistic, no one knows what will happen and anyone telling you that ANY price is a 100% is wrong. We can have all the specific indications for a Moass/squeeze but we donāt know what will happen.
So in order for people to make a well educated decisions on their own stock they should ask themselves some questions.
how much money do I want to make with this stock
how high can it go?
how much can I afford to lose? (for example if the stock goes back down at some point)
^ these are important questions that people need to ask themselves and act on them.
An exit strategy for me is covering my initial cost of investing at a ālower hanging fruitā number, when it squeezes, as itās more likely Iāll cover that point, from that point on I can let it ride to higher numbers and be sure Iām playing with the houseās money. (this means lowering exposure and still have a possibility of reward).
Everyone should think on his own how he or she wants to exit.
There is no perfect plan, unless youāre DFV and youāre the time traveler.
But letās look at a few different versions of exit strategies.
āThe Tiered exitā
One Iāve heard a lot about is a ātiered exitā a tiered exit is putting everything in tiersfor example:
15@ 10
10 @ 15
20@ 20
etc etc, this depends fully on how you want to place this and what you think is a logical step, this could be at 5000, a 10000 or any number whatsoever.Ā (remember Iām giving examples, Iām not setting numbers for you to follow).
Another exit strategy is
āThe value investorā
This is what DFV did, he saw an opportunity with a company and invested on a number he thought the company would be low, but he will ride this to a certain set point for him and either cash out then, or do so in layers like in the tiered exit.
This means he said to himself X number is low, I want to have Y number for returns etc etc, this is also called the long play.
or how he got his name, seeking deeper value in things and seeing them before others do.
But even DFV has a number set in his head where he wantās to take profit.
Another would be
āthe mixerā
The mixer is a simple concept of my own tbh, just take a bit from theĀ Tiered exit,Ā a bit off theĀ Value Investor.
You can choose to get some of your initial investment out at a certain point, have another part you want to leave with that company, and a part youāll sell at a higher point.
Or any mix youād like, remember this is fully up to you and up to your own risk assessment.
Some examples of other exit strategies:
https://www.netpicks.com/trading-exits-vital/
https://www.jumpstarttrading.com/trading-exit-strategies/
There are loads of exit strategies out there, but be sure to research what is best forĀ YOU!Ā (seriously google is a thing people, use it, do your own DD and your own legwork).
Again I donāt question the DD at all, I do however think people here need to take a good hard look at their risk/reward system and at reasonable numbers, I personally donāt think 10m is something that can happen, again I could be a 100% wrong and if it does hell Iāll be just as excited as everyone else, I just think the chance of happening is low to none.
What I am saying is what Iāve said before, you should not risk more than you are comfortable with.
Now something else I want to touch on.
You have to realise that yeah sure itās all fun and games checking out all those buildings and whatās going on in them, but what if we have one idiot in here thatās mentally unstable?what if they think itās ok to go there and he hurts someone or worse?
Seriously everyone have a sense of decorum.
Do not under any circumstances pester the personal that works there, as these are still people who just have a job, you may not agree with what they have done but thatās what the courts are for.
we need to stay on our best behavior always, because we are better than they are. I want everyone to be logical and decent here, and everyone here does his or her own part in that.
So Iām asking you please, PLEASE guys chill, we are in what people can say is a āhigh stressā situation, and tempers can run high.
Donāt call people SHILL because you donāt agree with them, Iāve said before go into conversation with them and you may be able to learn why they think a certain way.If itās logic then you can learn, if itās a troll youāll notice soon enough.But donāt kneejerk react that everyone who disagrees is wrong.
EXCELLENT!
Be friendly, help others!
as always we are here from all different walks of life and all different countries.
This doesnāt matter as we are all apes in here, and apes are friends.
Doesnāt matter if youāre a silverback a chimp or a bonobo.
We help each other, we care for each other.
Ape donāt fight ape, apes help other apes
this helps us weed out the shills really fast, as if everyone is helpful, the ones who arenāt stand out.
remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
We donāt care, just be nice and lets make this community as Excellent as we can!
Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if youāre dating and you wanna get to first base.
Remember none of this is financial advice, Iām so retarded Iām not allowed to go to the zoo ācause theyāll put me in the cage with the rest of my ape brothers.
If anything happens throughout the day I will be adding it here.
backups:
https://twitter.com/HeyItsPixel1
https://twitter.com/warden_elite
https://twitter.com/RedChessQueen99
And Iāll be posting updates as they happen here: