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GME going to be crazy tomorrow

Posted on 6/2/24 at 8:46 pm
Posted by Allthatfades
Mississippi
Member since Aug 2014
8063 posts
Posted on 6/2/24 at 8:46 pm
Supposedly RoaringKitty posted something on Reddit about a multimillion dollar position

Posted by UltimaParadox
North Carolina
Member since Nov 2008
47403 posts
Posted on 6/2/24 at 9:39 pm to
Edit.. I was mistaken in my original post.

Still looking for the post from him mentioned in the op
This post was edited on 6/2/24 at 9:41 pm
Posted by slackster
Houston
Member since Mar 2009
90110 posts
Posted on 6/2/24 at 9:40 pm to
It’s up 20% on Robinhood overnight trading, which is pretty thinly traded market.
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 6/2/24 at 9:56 pm to
If true, DFV has north of $200M in GME.
Posted by Venus Flytrap
Member since Jun 2024
29 posts
Posted on 6/2/24 at 10:02 pm to
quote:


It’s up 20% on Robinhood overnight trading, which is pretty thinly traded market.


I read that Robinhood overnight trading only allows purchase/sells within 20% of the closing price the previous day, and that they have stopped filling purchase orders, which is why it is sitting at 20% gain.
I don't know if this is true because I don't use Robinhood.
But sounds like it is halted due to Robinhood's 20% rule and that there are a large volume of buy orders pending.
Sounds like a banner day for the Apes tomorrow.
AMC will probably pop also.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
18518 posts
Posted on 6/2/24 at 10:28 pm to
Holy shite. This thing is going to crush tomorrow
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 6/2/24 at 10:34 pm to
But why other than Diamond Hands and whatever dumbass slogan Reddit and X will say.

The business has no fundamentals and the short position isn’t what it once was.
Posted by Dill With It
Member since Jun 2024
247 posts
Posted on 6/2/24 at 10:35 pm to
GhostofFreedom can't wait to be a bag holder for Roaring kitty.
Posted by IMJ127
Death Valley
Member since Jul 2011
3485 posts
Posted on 6/2/24 at 10:36 pm to
He literally posted his entire position. He never sold and multiplied his position x6. In addition to 65MM in calls. If he's still in......

Posted by IMJ127
Death Valley
Member since Jul 2011
3485 posts
Posted on 6/2/24 at 10:41 pm to
quote:

bag holder for Roaring kitty.


The guy who did all the leg work for the entire thing and hasn't sold in almost 4 years? Yeah he's pumping it tonight to sell.
Posted by IMJ127
Death Valley
Member since Jul 2011
3485 posts
Posted on 6/2/24 at 10:44 pm to
quote:

The business has no fundamental


Good Lord just stop regurgitating the bloomberg, investoplace bullshite. Gamestop has 2B in cash, limited low interest debt and is an industry leader in a multibillion dollar gaming economy.
Posted by Dill With It
Member since Jun 2024
247 posts
Posted on 6/2/24 at 11:03 pm to


I'm not sure what investor is more pitiful, the ones who think DJT has a solid future or the ones who think GME has a solid future.
This post was edited on 6/2/24 at 11:04 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38835 posts
Posted on 6/2/24 at 11:18 pm to
quote:

an industry leader in a multibillion dollar gaming economy


What are they leading?
Posted by Drizzt
Cimmeria
Member since Aug 2013
14463 posts
Posted on 6/2/24 at 11:54 pm to
Diamond hands baby!

But I might sell if this thing triples.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
18518 posts
Posted on 6/3/24 at 5:57 am to
quote:

But why other than Diamond Hands and whatever dumbass slogan Reddit and X will say.

The business has no fundamentals and the short position isn’t what it once was.
I said crush tomorrow. I didn't say this was this next NVDA. When you're playing roulette do you use fundamentals?
Posted by Venus Flytrap
Member since Jun 2024
29 posts
Posted on 6/3/24 at 6:22 am to
quote:

GhostofFreedom can't wait to be a bag holder for Roaring kitty.


It cracks me up how people get so angry when other's make money on GME/AMC or anything else.
If someone bought GME last week gambling that Roaring Kitty would tweet again then guess what, they just doubled their money.
Good for them.

The outrage from all of these Self Proclaimed "sophisticated" investors that babble about candlesticks, head & shoulders, etc. when people double their money in 1 day on a meme stock is fun to watch.

Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28315 posts
Posted on 6/3/24 at 7:10 am to
This thing is going to go off the charts at 8 am.
Posted by I Love Bama
Alabama
Member since Nov 2007
38338 posts
Posted on 6/3/24 at 7:14 am to
*8:30

but yes, today is going to be insane
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81736 posts
Posted on 6/3/24 at 7:49 am to
quote:

It cracks me up how people get so angry when other's make money on GME/AMC or anything else.

Those same Grinches hate when people make money in the crypto world as well
Posted by slackster
Houston
Member since Mar 2009
90110 posts
Posted on 6/3/24 at 7:50 am to
quote:

Good Lord just stop regurgitating the bloomberg, investoplace bullshite. Gamestop has 2B in cash, limited low interest debt and is an industry leader in a multibillion dollar gaming economy.


fricking wow.
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