iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,077 Blog Posts

MEME STOCKS RUN ABSOLUTELY WILD

It’s happening. Shares of WEN have finally joined the meme stock parade of extremest winners +12% on a fever that is infecting just about all stocks heavily shorted. GME is touching down on $330 again — $AMC $60 and today’s big winner is CLOV — +65%. The common thread in all these is % of shares sold short in excess of 15%.

You can do some scans on your own but I will tell you your screens will not be as good as Stocklabs. Presently, I am up nearly 300bps, playing stocks like VLDR, RMO, WKHS and KODK — just to name a few. I don’t know when this ends — but I know it’s stupid. Deep down, you’re all just really dumb and stupid, vapid boozehounds in search of a glimmer of hope. Why not partake in wanton degeneracy? Take 5% of your assets and buy a stock with it. Play the game until you stop winning.

I can tell you without pause that trading is as important to me as anything in my life, save my family. It offers me a puzzle each and every day to attempt to solve and I am blessed with a great community of traders who have the same goals. If you’re doing it on your own — you’re doing it wrong.

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