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Post by ccogburn on Dec 20, 2021 19:20:02 GMT -5
It's such a game, margin calls for retail ended today as anyone who was on a call who couldn't make it had to sell. They are doing everything they can to make retail pay the price for the "meme" stocks this year that have cost hedgies dearly. We will see if I'm right, if market is not positive by end of day tomorrow we may have something to worry about. To me it's obvious when they do a market wipeout that last 5 days that wipes out retail margin & funds buy up stocks. Covid BS excuse to wipe out stocks.......we will see if I'm right.
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Post by birdnest on Dec 20, 2021 21:44:12 GMT -5
Hope so or MLCO headed to $8
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Post by ccogburn on Dec 20, 2021 22:58:47 GMT -5
I love the headlines, "investors on edge because of Omnicron." The headlines should read "hedge funds re-load as retail margin sells." Merry Christmas retail rookies!! I'm thinking huge Santa rally while retail watches their shares increase without them.
I also think this Omnicron will be the beginning of the end of Covid, will be proven to be a very weak strain.
Then again, I could be wrong.
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Post by Blitz on Dec 21, 2021 5:11:01 GMT -5
It's such a game, margin calls for retail ended today as anyone who was on a call who couldn't make it had to sell. They are doing everything they can to make retail pay the price for the "meme" stocks this year that have cost hedgies dearly. We will see if I'm right, if market is not positive by end of day tomorrow we may have something to worry about. To me it's obvious when they do a market wipeout that last 5 days that wipes out retail margin & funds buy up stocks. Covid BS excuse to wipe out stocks.......we will see if I'm right. Interesting take on the market's down days of late. I was buying the overblown Omicron obsessions. For the majority of people that come down with Omicron it is like a cold or the flu. Many don't even know they have it because they have no symptoms. This strain of Covid has mutated according to Darwinian theory of life. To survive and thrive, the virus has become more contagious, but a lot less lethal. More like the common cold or the flu. Why? Because if the virus kills its host, it dies too. I would also say the same Darwinian theory works in reverse for those that refuse to get jabbed. If the virus is going to kill them, it will. Why? Because I would guess almost everyone will get Covid at some point. So, those people that don't get jabbed will eventually die off... problem of overcrowded hospitals solved. The world lives, works, and plays with the flu and cold viruses. We better learn to live and work with Covid too. I don't see the gov locking down everything and paying everyone to sit home and do nothing again. As we've discovered, people still have to go to work to get items on store shelves. If there's no cream cheese made, then all the money in the world can't buy you cream cheese. Anyone else notice there's a shortage of cream cheese?
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Post by ccogburn on Dec 21, 2021 11:48:02 GMT -5
Imagine that a violent Spike upward across the board. They actually pulled off 2 five day Market blow ups in December.
Now we'll see what happens between now & the end of the year. My gut tells me the Santa rally will be on big time.
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Post by birdnest on Dec 21, 2021 16:35:39 GMT -5
My guess is we take a $hit for the remainder of the year.
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Post by blackhillsbuck on Dec 21, 2021 20:12:52 GMT -5
This is how silly Covid19 Case bean counting has become.
Per Worldmeter 12/21/2021
USA New Cases 180,388 China New Cases 81
Really? Really.................
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Post by Blitz on Dec 22, 2021 9:20:29 GMT -5
This is how silly Covid19 Case bean counting has become. Per Worldmeter 12/21/2021 USA New Cases 180,388 China New Cases 81 Really? Really................. Here's China's 'official' tally: China (Mainland) Cases - 100K Deaths - 4,636 ///////////////////////// We all know that out of 1.4Bn people with about 1 billion below middle class... something doesn't pass the smell test. In Wuhan alone they had to build special tent city hospitals and mortuaries just to handle their case overloads. Even the doctor that told/warned the world about the Covid outbreak died from it... under mysterious circumstances.
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Post by ccogburn on Dec 22, 2021 12:03:26 GMT -5
Been nothing but a pullback clobbering the retail margin players who are at record levels. Gotta love stocks like PENN that went from $125 to $45.
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Post by Blitz on Dec 23, 2021 8:08:34 GMT -5
My guess is we take a $hit for the remainder of the year. Any other $hitty predictions...
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Post by ccogburn on Dec 23, 2021 11:15:36 GMT -5
I think I'm right people are describing this omnicron as nothing but a little cold (if vaccinated). Was an excuse to yank the market down & scare people out of their positions and blow up the margin of course.
Obviously between now & the end of the year is important to keep that Santa rally going!
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Post by birdnest on Dec 23, 2021 15:37:48 GMT -5
Any other $hitty predictions...
Sorry Blitz but when you’ve been kicked in the balls for 2 years, you just expect doom & gloom.
I’m glad CCog was correct on his Santa rally - we need it and deserve it.
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Post by ccogburn on Dec 23, 2021 16:10:11 GMT -5
Wow melco was actually mentioned on CNBC they said they're surprised that Macau stocks aren't up even higher today.
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Post by Blitz on Dec 23, 2021 20:24:42 GMT -5
It’s a misunderstood pop. Even Dr J got it wrong today on CNBC.
All that happened is Macau ended the public discussion and allegedly the public said we’re ok with what we have.
So, what!
Does anyone think Xi or his cronies in Macau care what the public thinks?
The real issue is the new terms of endearment.
Increased concession costs, shared prosperity, dividends to the masses, A I controlled facial recognition follow the money, no more VIP, mandatory Hengqin required investments, and wealth shaming…
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Post by laupailee on Dec 25, 2021 8:22:16 GMT -5
It’s a misunderstood pop. Even Dr J got it wrong today on CNBC. All that happened is Macau ended the public discussion and allegedly the public said we’re ok with what we have. So, what! Does anyone think Xi or his cronies in Macau care what the public thinks? The real issue is the new terms of endearment. Increased concession costs, shared prosperity, dividends to the masses, A I controlled facial recognition follow the money, no more VIP, mandatory Hengqin required investments, and wealth shaming… Like I said ... Right now, I'm buying puts! Pick your least favorite Macau casino company. For me, WYNN. For you ... ? LPL
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