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do you have an $LRC position? I have a bit, bought as low as $.50, high as a buck.20 ...Loopring Wallet Sends LRC Crypto Prices and GameStop Rumors Surging
The Loopring wallet launch today is sending LRC prices sky-high. It's also prompting users to discuss LRC's rumored GameStop partnership.
Went in during the dividend speculation period of GME possibly using it for their Crypto at $0.61 as well as the GME FTX in aug at $158, Pretty much just left those positions alone and will see what happens when margins pop
I like how they refer to it as a "product:"
The comments and replies were gold jerry, Gold!I like how they refer to it as a "product:"
"one of the most questionable products in existence "
Oh, man. You were not wrong
compression for fridays, been a weekly trend on the chart. Hedge funds use it as a test for support. A huge amount of call options were also bought by some hedge funds but Not the volume I want to see but early still. Anybodys guess since it’s such a random action considering the squeeze play, I just hope it holds till mid February now so I can make all my shares long term and save on taxes.
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Just curious - but what do you base this opinion on?
Hazard a guess it's dropping because people are FTS about needing to provide tax# so they can report the $12 you received in payments last year to the Feds so they can get their cut?
Historical data predominately, Nothing tells the future more than the past. For a steady and valued stock to have such a huge change in percentage all at once means it will go back to where it was just as quickly. Its the slow movements down that will get ya.
Close.....but not quite,
So you're telling me to base future returns on past performance?
Well its a bank........not a stonk, lolSo you're telling me to base future returns on past performance?
I don't think you're supposed to do that.
I think you misread my intent or I dont know your market background,
It may not have the moniker but it is definitely regulated the same, also trades the same.
One or the other, just math vs time
Would be a good long term hold for sure, The board has been going through some drama and their dividend fiasco has been drawn way out but is suspect it will move out of its price support through the chip shortage. Everything is a good buy right now, when there is blood on the streets, buy
theory is many highly leveraged funds who were long FB need a mountain of cash to cover margins today. they can't pump/dump crypto for a while, people are on to that racket. it's real selling now!
