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Started By
Message
re: Puts on GME ?
Posted on 1/24/21 at 5:07 pm to JohnnyKilroy
Posted on 1/24/21 at 5:07 pm to JohnnyKilroy
quote:
BB is definitely going to pop because half of the sub is planning to roll their gains into BB and the other half is getting into BB now because they think they've missed the boat on gme
So when does BB become scary? I bought it because of the research in another thread, and now this is about to be a pump and dump?
Posted on 1/24/21 at 5:09 pm to prostyleoffensetime
It certainly may pump and subside, but there is a lot of long term bullish DD based on actual analysis of where the company is headed.
Posted on 1/24/21 at 6:09 pm to JohnnyKilroy
weekly call strikes on GME now open up to 115.
gonna get ugly guys
a lot of people who don’t know what they are doing are going to get crushed. and a lot of people who do know what they are doing (on both sides) are going to get instantly wealthy
gonna get ugly guys
a lot of people who don’t know what they are doing are going to get crushed. and a lot of people who do know what they are doing (on both sides) are going to get instantly wealthy
Posted on 1/24/21 at 6:15 pm to cgrand
indeed..a true short squeeze could take weeks
Posted on 1/24/21 at 6:19 pm to cgrand
I wish I knew more about all this crap because I have a couple grand to play with but I think I’m too nervous to touch anything with GME.
Posted on 1/24/21 at 6:21 pm to poncho villa
Hey man, if I had more experience, I’d take the risk.
I already have a few hundred BB shares, so hopefully I’ll catch some of that wave if it comes.
I already have a few hundred BB shares, so hopefully I’ll catch some of that wave if it comes.
This post was edited on 1/24/21 at 6:24 pm
Posted on 1/24/21 at 6:22 pm to UFCST63
quote:
So what should a newbie do?
Sit this one out.
Posted on 1/24/21 at 6:31 pm to frogtown
If a new trader really wants to get in, just buy shares. And only buy what you are willing to lose. If you are thinking about it and say to yourself " man if this stock loses value I'm in trouble" don't do it.
Posted on 1/24/21 at 6:59 pm to JohnnyKilroy
yep
honestly outside all the WSB bullshite I like GOGO, SPCE and BB on their own merits. Buy shares in those they are all cheap. If they get a boost from the squeezers all the better
I’m gonna buy SPCE and more BB. I already have 600 GOGO
honestly outside all the WSB bullshite I like GOGO, SPCE and BB on their own merits. Buy shares in those they are all cheap. If they get a boost from the squeezers all the better
I’m gonna buy SPCE and more BB. I already have 600 GOGO
Posted on 1/24/21 at 7:08 pm to JohnnyKilroy
To add to my previous post, don't buy GME if you're going to bail the second the stock hits -10%. You will lose money if that's going to be part of your strategy. This things is going to be volatile as frick the next several days and it could easily come off significantly from Friday's closing price. If you want to get in on the short squeeze, buy and hold. This is still likely something that takes weeks to play out. If you are trying to make a few quick bucks in the next 72 hours and you aren't willing to stomach your position being down 10-15% (or more), don't bother with it.
This post was edited on 1/24/21 at 7:10 pm
Posted on 1/24/21 at 7:10 pm to JohnnyKilroy
listen to Johnny Kilroy
he speaks the truth
he speaks the truth
Posted on 1/24/21 at 7:32 pm to cgrand
My question is whether the effect will be lessened a good bit if everybody going long splits between GME and BB instead of concentrating on just one.
Posted on 1/24/21 at 8:14 pm to Diseasefreeforall
not yet
there will have to be losses before they move on
there will have to be losses before they move on
Posted on 1/24/21 at 8:15 pm to JohnnyKilroy
quote:
If you are trying to make a few quick bucks in the next 72 hours and you aren't willing to stomach your position being down 10-15% (or more), don't bother with it.
Sheeeet, I’ve been 40-50% in the red with LLNW (until recently) since October. I can handle it.
Posted on 1/24/21 at 8:41 pm to deaconjones35
Don't know if this will actually have enough effect given the short interest (to our knowledge) is still SO HIGH but I have a strong feeling that loads and loads of people will be fomo'ing into GME tomorrow and those same people will be selling as fast as they can on Tuesday and Wednesday because it takes a healthy dip mid week. If you want to get into this short squeeze play, it works if those buying hold on through the inevitable dips. If you're just going to bail out at the first or second sign of pullback you're only helping the shorts we're trying to squeeze.
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