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re: GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence

Posted on 5/14/24 at 10:26 pm to
Posted by slackster
Houston
Member since Mar 2009
85142 posts
Posted on 5/14/24 at 10:26 pm to
quote:

Just my observation that throughout this thread you’ve been coming off as if no one but you understands the risk involved with this stock. As if when the stock comes crashing down you want to be able to say “I warned you all”.


Don’t mean to give that impression. This isn’t one of AT’s penny stocks where I very much tried to give off that vibe

There is a lot of misinformation in these threads so when I see it I try to clear it up, but I’m on the side of craziness here. 2021 was highly entertaining too.
quote:

Meanwhile many of us have made some nice cash.


Which is great. I’m rooting for longs to make their money, I just don’t think incorrect information should be spread as factual. That’s really my only beef, which had nothing to do with the RH after hours comment. That was just about the general lack of liquidity in those markets.



ETA- I just went back and read all of my posts in this thread and I really don’t think I’m clutching pearls for anyone in here.
This post was edited on 5/15/24 at 6:19 am
Posted by Hookah
Member since Nov 2023
116 posts
Posted on 5/14/24 at 10:35 pm to
quote:

There is a lot of misinformation in these threads


Makes it entertaining. I mean just look at the thread title.

quote:

rooting for longs to make their money,


Eh. I’d describe most of us as opportunists, not longs. Dance to the music and hope to have a chair when it stops.
Posted by slackster
Houston
Member since Mar 2009
85142 posts
Posted on 5/14/24 at 10:38 pm to
quote:

Makes it entertaining. I mean just look at the thread title.


, fair point.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26042 posts
Posted on 5/14/24 at 10:57 pm to
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GME shares are now starting to skyrocket. Currently climbing at $65 a share.

This post was edited on 5/14/24 at 11:33 pm
Posted by slackster
Houston
Member since Mar 2009
85142 posts
Posted on 5/15/24 at 6:21 am to
Still over 2 hours to go, but not alot of strength in the premarket right now. I wonder if that helps take some pressure off of the massive selling we’ve seen around the open each day. Many of the other meme stocks are struggling altogether today.
Posted by el Gaucho
He/They
Member since Dec 2010
53129 posts
Posted on 5/15/24 at 6:39 am to
Cmon man you’re gonna rationalize it to death
Posted by BabyTac
Austin, TX
Member since Jun 2008
12295 posts
Posted on 5/15/24 at 6:45 am to
The gig is up. This was all about big money telling the millineal robinhooders to GET TO WORK! Go earn a living and give off Reddit.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26042 posts
Posted on 5/15/24 at 6:50 am to
Robinhood trading is down for “maintenance” but real reason GME is down is due to AMC.
Posted by el Gaucho
He/They
Member since Dec 2010
53129 posts
Posted on 5/15/24 at 7:04 am to
Once you boomers finally kill all of us millenials with climate change and poverty and the Israel draft, good luck getting yalls mail order brides to take care of you in your old age
Posted by LoneStar23
USA
Member since Aug 2019
5219 posts
Posted on 5/15/24 at 7:04 am to
We are about to get hammered by the elites. I have a feeling

But screw them I'm holding
This post was edited on 5/15/24 at 7:05 am
Posted by el Gaucho
He/They
Member since Dec 2010
53129 posts
Posted on 5/15/24 at 7:05 am to
quote:

the elites

Nice antisemitic dog whistle
Posted by go ta hell ole miss
Member since Jan 2007
13664 posts
Posted on 5/15/24 at 7:06 am to
So many people have been burned by not taking profits last time that it is going to be hard to sustain a massive run. Count me in this group. Bought at $46 yesterday morning. Watch it fall to $36 intraday, so when it got to $55 after hours I bailed. Up 20% in a day after being down 22% at one point was too good to pass up. I hope it runs to $100 but I will be watching the remainder of the ride from the sidelines for entertainment purposes only.

And, a lot of bag holders from the last run are so happy for the chance to sell at these prices that they won’t care about Diamond hands. Diamond hands needed to be strong to carry bags for the last three years. They will be noodle hands now, soft and slippery.

The last thing hurting is all of the splinters of other memes it has to compete with right now. Last time it had a sustained period where it was essentially the only meme stock. Now, the moment it moves people are buying AMC and all of the other memes, which takes the pure focus off GME.

It has been at the equivalent of $200+ per share on a historical basis when you consider the split. I think some (not in this thread, but in general) are forgetting or unaware of that.

DFV needs to post on Reddit to start a frenzy. He’s saturated X, so I assumed he was building up to that. Hasn’t happened yet that I am aware of.
Posted by go ta hell ole miss
Member since Jan 2007
13664 posts
Posted on 5/15/24 at 7:08 am to
quote:

Robinhood trading is down for “maintenance” but real reason GME is down is due to AMC.


It is criminal what Robinhood does in these situations. I am not sure why anyone is still with them after last time.
Posted by LoneStar23
USA
Member since Aug 2019
5219 posts
Posted on 5/15/24 at 7:13 am to
quote:

It is criminal what Robinhood does in these situations. I am not sure why anyone is still with them after last time.


How? They didn't prevent trading and all the hours I was awake you were able to place orders. Preparing for high volume with maintenance is different than preventing trading
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73235 posts
Posted on 5/15/24 at 7:13 am to
quote:

It is criminal what Robinhood does in these situations. I am not sure why anyone is still with them after last time.


that is why i asked that thad guy. Why TF are u still with them? did they not lock traders out last time?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73235 posts
Posted on 5/15/24 at 7:16 am to
quote:

But screw them I'm holding


ive got a stop protecting my gains when i got back in late yesterday,

we do not need any fluctuations. it needs to open sky high. if not i will take profits again.

all the halts on this reminds me of my time trading palladium and the limit down days. shite is crazy.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26042 posts
Posted on 5/15/24 at 7:29 am to
I suspect this will fall back to the mid-30s and then rise back up this afternoon in another volatile day of trading GME.
Posted by GhostOfFreedom
Member since Jan 2021
11839 posts
Posted on 5/15/24 at 7:45 am to
6.7 million trades in pre-market. That is wild. There have been many days it never broke 1k

Most of these are not retail. The big guys are moving shares around and driving the price down with ladder attacks and other nefarious techniques.
Posted by GhostOfFreedom
Member since Jan 2021
11839 posts
Posted on 5/15/24 at 7:49 am to
Four new Roaring Kitty posts this morning.

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This post was edited on 5/15/24 at 7:51 am
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