Friday Addition Edition- Buying High

It has been an interesting week, to say the least. The whole GameStop (GME), Redditt, and Robinhood saga has been one of the most fascinating events I have ever seen. The WallStreetBets Redditt group has gone from 1.8 million members to 6 million this morning. The financial world is watching, and it seems like a lot of them are jumping into the game GME is back up more than 100 points this morning, regaining much of what it lost yesterday.

Other heavily shorted stocks have joined the party, with AMC (AMC) leading the group's pack of secondary picks.

Reading the WallStreetBets forum is somewhat surreal. It is very much and us against them atmosphere with an almost revolutionary feel at times. Here are some recent posts to give you some flavor for the missionary zeal of these folks:

Put in what you can lose and help make Wall Street bleed retards. We control the market now.

Put as much pressure on the shorts as possible! BUY BUY BUY AND HOLD HOLD HOLD!!!!

The time has come we can no longer sit back and wait to make you're voices heard through AMC and GME. History is in you’re hands we either going to be fucked by Wall Street once again or finally stand up AND SAY F*** WALL STREET it’s time for people to take what’s rightfully there’s. The day is still young don’t lose Faith when the day is over, Wall Street will be in shambles. My friends hold you’re head high will win this war next destination Mars.

It is one of the craziest things I have ever watched.

The aftermath will be equally fascinating, with implications for the future of trading.

Is there collusion on the site to manipulate trading?

Is it ethical for brokerages to restrict trading ...

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Friday Edition-Rational Liquidation Value

Today I am going to share a method that one of the two best ways for individual investors to make money in stocks. I am talking big money, money that causes George Soros to blush with envy. If you put ...

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Friday Addition Edition-Rational Liquidation Value

Today I am going to share a method that one of the two best ways for individual investors to make money in stocks. I am talking big money, money that causes George Soros to blush with envy. If you put ...

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Friday Edition looks at 2021 bank M&A

For today's Friday Addition Edition, I am going to stay with the banks. I got a copy of the full KBW Bank M&A report, and I want to share the information and ideas with you. KBW is one of the ...

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Friday Addition M&A Edition

For today's Friday Addition Edition, I am going to stay with the banks. I got a copy of the full KBW Bank M&A report, and I want to share the information and ideas with you. KBW is one of the ...

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Friday Edition

We skipped the Friday addition for the Christmas and New Years Holiday, but we are back with some ideas for you to consider outside just your bank stock portfolio.

I have been focusing a lot on income-generating investments in these ...

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Friday Addition Edition

We skipped the Friday addition for the Christmas and New Years Holiday, but we are back with some ideas for you to consider outside just your bank stock portfolio.

I have been focusing a lot on income-generating investments in these ...

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Friday Addition Edition

If you have been following me for any length of time, you know I spend a lot of time researching and modeling various investment ideas and strategies. It interesting, often entertaining, and it keeps me off the streets.

I probably ...

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Friday Addition Edition

It has been a hell of a week for IPO's. We saw Door Dash (DASH) flu and Airbnb followed the next day with its own very impressive first-day move.

If you got IPO shares, count your blessings, and take your ...

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Friday Edition Addition

Is it just me, or is it really difficult to get into the spirit of a COVID Christmas?

The tree is up, the outside decorations are out, and the calendar says December. Still, with all the boat parades, tree lighting, ...

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Friday Addition Edition-SPACs, Rates and Day Traders

Sorry for the delay with this today. I had most of it written before lunch, but the power went out, leaving me with no internet and the original document perched on a powerless desktop.

Now the dedicated folks at Florida ...

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Friday Addition Edition #4, Vaccines, REITs, Books and Banks

Speaking at an event in the European Union yesterday, Fed Chair Jerome Powell once again took Congress to task for not providing a fiscal stimulus package. Speaking at a virtual panel at the European Central Bank's Forum on Central Banking, ...

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