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re: So I bought some Gamestop(GME)

Posted on 1/26/21 at 9:05 pm to
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/26/21 at 9:05 pm to
quote:

Not that I understand hardly any of this, but could I short sell x number of shares now with the elevated price, and buy it back once GameStop falls back down to a price more in line with their actual value?

When does the trust funds options expire? I see a price plummet after that, as well as neckbeards taking profits soon.

How long does one have to buy back shorts, assuming no options/leverage is in play? Trying to learn, not actually going to do this, although I’m sure another hedge fund will.



Are you a boomer or just oblivious to what’s going on right now?
Posted by MagaPatriot
Member since Jan 2021
111 posts
Posted on 1/26/21 at 9:09 pm to
You guys need to get in on some EXPC.....
Posted by Ric Flair
Charlotte
Member since Oct 2005
13690 posts
Posted on 1/26/21 at 9:14 pm to
quote:

Are you a boomer or just oblivious to what’s going on right now?


GenX. Not a trader. Invest in index funds. Just trying to understand everything. Obviously a short squeeze, but I doubt it’s only WSB redditors doing this. Obviously some competing hedge funds have adopted the reddit strategy for this play.
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