Njamba come here, Gamestop heading to the moon

[patel]

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Thanks pal for pointing me to reddit wallstreetbets (wsb) early this year.  Found this guy DFV talking all about GME stock and why it was about to shoot up to the sky. Jumped in at $19 but dismounted today at mid $60's after they halted the trade like 3 times, 3X gain is good enough for me. I  owe you a beer Man.

[KenyanPlato]

Thanks pal for pointing me to reddit wallstreetbets (wsb) early this year.  Found this guy DFV talking all about GME stock and why it was about to shoot up to the sky. Jumped in at $19 but dismounted today at mid $60's after they halted the trade like 3 times, 3X gain is good enough for me. I  owe you a beer Man.

Yeah they been pumping stocks like crazy over there

[Arcadian_Dreamer]

The question is can you cash out or would fees eat up all the gains? 

[patel]

Zero fees. Zero taxes. Trading with Vanguard 401k account. Taxes would only apply if you take money out before hitting retirement age.
 

The question is can you cash out or would fees eat up all the gains? 

[KenyanPlato]

Zero fees. Zero taxes. Trading with Vanguard 401k account. Taxes would only apply if you take money out before hitting retirement age.
 

The question is can you cash out or would fees eat up all the gains? 

So do you just select GME on your 401K as a option and then sell as soon as you hit the goal? Is this a IRA or 401K? I will open a trading account with Vanguard I have an IRA with them

[patel]

401K rolled into IRA. If you have IRA
Call them find out if you can manage your money.

Zero fees. Zero taxes. Trading with Vanguard 401k account. Taxes would only apply if you take money out before hitting retirement age.
 

The question is can you cash out or would fees eat up all the gains? 

So do you just select GME on your 401K as a option and then sell as soon as you hit the goal? Is this a IRA or 401K? I will open a trading account with Vanguard I have an IRA with them

[patel]

njamba, gamestop touching $100....next big play Blackberry BB.
get some berries man and thank me later.   

[RV Kirgit]

This need a sub forum

I got pltr early, missed gamestop just got some bb and nok

[patel]

Good for you man...BB long term hold...
Let us build each other...we can hitch our wagon on WSB plus due dilligence
check this out

New Tesla Competitor: You Won’t Believe Which Stock It Is!
Ryan Vanzo | September 23, 2020 | More on: TSLA BB BB

Mature financial advisor showing report to young couple for their investmentImage source: Getty Images
Tesla (NASDAQ:TSLA) is now a $400 billion company. It’s been a crazy ride. Over the past decade, shares rose from $4 to $400, with plenty of bumps along the way.

While most people think of the company as a car manufacturer, the long-term business is deeply tied to technology. For the stock to warrant such a nosebleed valuation, the company needs to make big progress in areas like autonomous vehicles and distributed car sharing.

Above all, Tesla is a tech company. Analysts that focus on the manufacturing component are missing the forest for the trees.

Software runs the world
A decade ago, the biggest businesses in the world were oil companies. Today, they’re nearly all tech companies, but not just any tech companies. The current leaders are all software businesses.

“After written language and money, software is  only the third major soft technology to appear in human civilization,” writes Venkatesh Rao. “Marc Andreessen’s now-familiar line, software is eating the world, hints at the significance, but we are only just beginning to figure out how to think about the world in which we find ourselves.”

From the start, Elon Musk identified the future of transportation. There would still be hunks of metal moving us around, but the underlying force would be driven by software. Existing competitors like Ford, General Motors, and Toyota would soon be playing a game in which they had no previous experience. This was the gap the Tesla exploited.

Today, Teslas are a feat of software as much as manufacturing. Every car comes loaded with sensors and cutting-edge tech designed to provide impressive levels of autonomy. By the end of this decade, they could be driving themselves. That’s a software feature, and vehicle manufacturers that can’t provide the software will lose.

Everyone is focused on how stylish Teslas are, ignoring the power of software, which is why few investors have unearthed its next big competitor.

Tesla’s new competitor
Don’t laugh, but BlackBerry (TSX:BB)(NYSE:BB) is now one of Tesla’s biggest competitors. Seriously.

Forget everything you know about this company. It no longer makes smartphones. Today, it’s all about cybersecurity software. BlackBerry’s biggest product, its QNX security platform, is already installed in more than 160 million cars worldwide. Nine out of the top ten car manufacturers license the company’s software.

BlackBerry controls a pivotal part of the value chain. As cars go autonomous, security will be more important than ever. A hacking vulnerability could be lethal. BlackBerry’s software can use artificial intelligence to prevent attacks before they happen!

This is valuable position to have, and others know it. Amazon recently partnered with BlackBerry to augment the QNX system. StradVision, a leader in vision processing technology for fully autonomous vehicles, just announced that they’ll be deeply integrating QNX into its offerings.

Expect Tesla to develop its own tech in-house, but nearly every competitor has already signaled their intent to use BlackBerry’s security software. Growth will take time, as the autonomous vehicle story is a decade in the making, but Tesla already knows that BlackBerry will be the backbone of its competitor’s success.

[patel]

This need a sub forum

I got pltr early, missed gamestop just got some bb and nok

NOK volume  insane

https://stockcharts.com/c-sc/sc?s=NOK&p=D&b=5&g=0&i=0&r=1611597522927

[Arcadian_Dreamer]

Stocks markets are casinos. Short selling is behind the rise of Gamestop stock, there is no underlying value to this shell its all pure speculation. you have spacs and all o ther sorts of innovations, so removed from the real economy. it should be outlawed in imo.

Rhineland model is superior to the American model.

[patel]

On GME that's half the story and the reason I jumped out. GME has shut down quite a number of stores, reduced payroll and brought in activist investor Ryan Cohen on board. Gamestop is trying to move from brick and motor store and invest more on online presence. The remaining stores they are planning to turn them to gaming centers with the feel of apple store and Starbucks but for gamers. Lastly I think eventually they will have to merge with some small company that make video games and consoles.Video game industry is huge.

Stocks markets are casinos. Short selling is behind the rise of Gamestop stock, there is no underlying value to this shell its all pure speculation. you have spacs and all o ther sorts of innovations, so removed from the real economy. it should be outlawed in imo.

Rhineland model is superior to the American model.

[Georgesoros]

Stocks markets are casinos. Short selling is behind the rise of Gamestop stock, there is no underlying value to this shell its all pure speculation. you have spacs and all o ther sorts of innovations, so removed from the real economy. it should be outlawed in imo.

Rhineland model is superior to the American model.

Abssolutely. What has changed to make GS valuable?? Itll come down.

[patel]

Jumped off too soon, kicking myself. This was once in a lifetime ticket to the moon.....GME past the moon, flying too close to the sun. Peak $309 pre market after Elon tweet. Expect another volatile day as the Current price trigger another major squeeze. For those who had set sell limit at $200 are out of luck. However,  Reddit bros hanging for dear life as they swear they won't sell till it hit $1000. Cannt wait to see how this will end. In the meantime buy more berries.BB

Stocks markets are casinos. Short selling is behind the rise of Gamestop stock, there is no underlying value to this shell its all pure speculation. you have spacs and all o ther sorts of innovations, so removed from the real economy. it should be outlawed in imo.

Rhineland model is superior to the American model.

Abssolutely. What has changed to make GS valuable?? Itll come down.

[RV Kirgit]

It looks like heavy hedge funds are at war

Small retail cannot push these stocks exponential

[hk]

A classic short squeeze . The only difference is that small investors are the ones squeezing the shorts.

[patel]

Friday is the dday..all shorts have to be covered. This will shake the market as 'shorters' sells FAANG stocks and whatever they can get a hold of  to cover their position.Gamestop. what's in a name! prophetic.

Watching this as I munch on BlackBerry so far +10
Wonder why Elon musk chose QNX for space X rather than going with Tesla software.  BlackBerry teaming up with AWS game changer.

A classic short squeeze . The only difference is that small investors are the ones squeezing the shorts.

[RV Kirgit]

Friday is the dday..all shorts have to be covered. This will shake the market as 'shorters' sells FAANG stocks and whatever they can get a hold of  to cover their position.Gamestop. what's in a name! prophetic.

Watching this as I munch on BlackBerry so far +10
Wonder why Elon musk chose QNX for space X rather than going with Tesla software.  BlackBerry teaming up with AWS game changer.

A classic short squeeze . The only difference is that small investors are the ones squeezing the shorts.

They started blocking trades to "protect" the market

We might soon hear of investigation of russian and chinese influence on retail wallstreet through social media

[patel]

This is criminal. No buying only selling. They dont want to cover their shorts at premium....

Friday is the dday..all shorts have to be covered. This will shake the market as 'shorters' sells FAANG stocks and whatever they can get a hold of  to cover their position.Gamestop. what's in a name! prophetic.

Watching this as I munch on BlackBerry so far +10
Wonder why Elon musk chose QNX for space X rather than going with Tesla software.  BlackBerry teaming up with AWS game changer.

A classic short squeeze . The only difference is that small investors are the ones squeezing the shorts.

They started blocking trades to "protect" the market

We might soon hear of investigation of russian and chinese influence on retail wallstreet through social media