Still think TITNC3: Return of the Iceberg was peak

OK. I was bored and stumbled on a few recent posts on Reddit about BBIG. Basically, TD is showing the short % as 260%. Multiple people have confirmed that's the case. So, for shits and giggle I looked at it on E-Tarde. They are showing the same 260%. WTF?

 

Hmmmm. Actually reporting crazy high short interest? I usually prefer the made up Reddit guesstimates.

 

That’s also what GME SI was in Dec before that Jan pop…

 

I see no Jan pop! Just a blip! Likely @kairo quote! FREE @kairo

do it @98tacoma27 or we will flood your basement again, we have more water!

 

I'm done buying. 50 calls and 11K shares is more then enough for me. However, if those numbers are real and not a glitch, I'm going to make a little profit. lol

I've said that from the beginning of the whole GME thing. Show me real data. Not some made up set of numbers based on other peoples made up set of numbers. This is from multiple brokers. It's gotta be a glitch though. I never get that lucky. lol

 

hopefully it's brokers getting sick of the shit too and or just pointing fingers and getting out of the way so they seem less involved

 

I just checked a few of the meme stocks. ATER, MMAT, GME, AMC, ANY, WKHS, SPCE, SDC. I compared the FINTEL data on them to E-Tardes data. They all show the same short interest within 2% points. Except for BBIG. Something is up. I'm gonna write this off as a glitch until I'm swimming in my new pool that I filled with $20's instead of water. lol

 

When evergrande news popped up, it reminded me of an old episode of vice “Chinas ghost cities” I saw years back.

it’s only about 15 minutes, but is very relevant to the evergrande discussion.

https://m.youtube.com/watch?v=trs_udhjWqc

 

Sold. BBIG all in. No safety nets

 

Don't go all in. Keep it to 50% or less. Even 50% is retarded but it's less retarded then 100%. But, if you really want to YOLO it, I did a little screening on E-Tarde. Criteria was simple. Stocks with 100% SI or greater. Out of the roughly 5K stocks listed on US exchanges these are the ones with 100% SI or greater. It's a small list but BBIG is on it. lol

 

Well I'll put a little in just to see what happens. It can't keep doing down forever

 

Looked into XELA. Open interest on the $3 OCT call is 15.8K. Guess who's buying XELA options at market open on Monday? Oh yeah, it's SI is 139%. lol

 

Just so I don't forget...

 

Hoping things push through in time to get on this train

 

BTW, congrats on maxing out your IRA. That's a must do for any serious investor. Hell, it's a must do if you don't have a trust fund and plan on being able to retire comfortably. lol

I know trading these meme stocks is fun but take some time today to form a real 5, 10, 20 year plan. Then once you have that figured out figure out how much of your capital your willing to put into extremely high risk trades. Then stick to that. My percentage I'm willing to risk is pretty high. That's because most of the money in my account is from gains not initial capital. In a few years I'll be much more conservative in my portfolio. Until then I let stupid amounts of money roll on dicey plays. lol

 

10? I was thinking 100. It's cheap and the amount of open interest is insane. Check out the put open interest. The put/call ratio is .31. I consider that incredibly bullish. As an example NVDA is 1.12. That's one of the reasons I'm still holding those underwater puts on them. lol

 

Thanks for the advice. Deciding how to divvy up the portfolio has been on the mind for a while. Most of the time I stay pretty conservative, at least for 60% of it until I have more to play with. Plans before the end of the year is obviously more research but also talking with an advisor just to get an experienced opinion. My grandfather was experienced with stocks, but passed away before I got into it myself. My father is what got me into TD and has been answering questions as they come. Putting a plan together is..my next plan. Hell, I'm writing this while 5hrs into work.

 

Holy hell. I just checked BBIG's current put/call ratio. It's .24. Yeah, that's one of the lowest I've ever seen in 15 years of trading options. If I had tits they'd be jacked. lol