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Gamestop stock

Posted on 1/26/21 at 8:23 am
Posted by yaboidarrell
westbank
Member since Feb 2017
5333 posts
Posted on 1/26/21 at 8:23 am
What a day yesterday. Got up to $145/share but fell to $76 at EOD. All in one day.
This post was edited on 1/26/21 at 9:08 am
Posted by SCgamecock2988
Member since Oct 2015
14056 posts
Posted on 1/26/21 at 8:23 am to
How is it even that high at $76?
Posted by VolsOut4Harambe
Atlanta, GA
Member since Sep 2017
12856 posts
Posted on 1/26/21 at 8:25 am to
quote:

How is it even that high at $76?



Sir, we'll give you $2.75 for your Xbox One and two controllers!
Posted by Tbonepatron
Member since Aug 2013
8447 posts
Posted on 1/26/21 at 8:25 am to
Jeebus. Why?
Posted by Reginald666
Member since Jan 2021
118 posts
Posted on 1/26/21 at 8:27 am to
It’s trading better then bitcoin
Posted by 7thWardTo314
Member since May 2017
1278 posts
Posted on 1/26/21 at 8:27 am to
R/Wallstreetbets and a bunch of short call options. One guy turned 53k into 11 million
Posted by Dizz
Member since May 2008
14718 posts
Posted on 1/26/21 at 8:29 am to
Apparently reedit absolutely wrecked a hedge fund which was heavy in the GME shorts.
Posted by teke184
Zachary, LA
Member since Jan 2007
94744 posts
Posted on 1/26/21 at 8:30 am to
Thought was about them stocking the stores.

As in “they haven’t been, post-Christmas from what I have seen”.

An inability to stock is often a sign of either financial trouble or logistic issues for a chain.
Posted by MattA
Member since Nov 2019
1588 posts
Posted on 1/26/21 at 8:30 am to
There were a few guys on the money board who saw it coming too. There’s a thread on it, and some guys were giving the buyers shite for putting $$$ into gamestop. Not quite Bitcoin levels of talking shite, but some stick for sure.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47119 posts
Posted on 1/26/21 at 8:31 am to
quote:

How is it even that high at $76?


Reddit army banded together for a short squeeze.

Posted by usc6158
Member since Feb 2008
35305 posts
Posted on 1/26/21 at 8:35 am to
SEC on line 2...
Posted by 225Tyga
Member since Oct 2013
15773 posts
Posted on 1/26/21 at 8:38 am to
Yep. bought some options about 4 months ago and picked up around 290K. Been a helluva ride so far
Posted by Oates Mustache
Member since Oct 2011
22041 posts
Posted on 1/26/21 at 8:40 am to
No you didn't.

Just like you've banged every Hollywood person in existence.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47119 posts
Posted on 1/26/21 at 8:41 am to
quote:

SEC on line 2..


Is it illegal for a bunch of individual investors to buy the stock?
Posted by Oates Mustache
Member since Oct 2011
22041 posts
Posted on 1/26/21 at 8:43 am to
They're not insider trading so no.
Posted by xXLSUXx
New Orleans, LA
Member since Oct 2010
10305 posts
Posted on 1/26/21 at 8:43 am to
A certain subreddit has turned into a whale and is pumping and dumping stocks. GME isn't the first and won't be the last.


A lot of institutional investors are upset that some tendie-loving basement dwellers with no actual knowledge of stock fundamentals are wrecking the market.
This post was edited on 1/26/21 at 8:44 am
Posted by 225Tyga
Member since Oct 2013
15773 posts
Posted on 1/26/21 at 8:43 am to
quote:

No you didn't.
yeah i did
Posted by usc6158
Member since Feb 2008
35305 posts
Posted on 1/26/21 at 8:50 am to
quote:

Is it illegal for a bunch of individual investors to buy the stock?



Pump and dump is
Posted by SuwMwf
Member since Jul 2012
946 posts
Posted on 1/26/21 at 8:51 am to
When I opened My Robinhood acct that was my freebie. It was worth about 4$ then. I kept it.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 1/26/21 at 8:55 am to
We have this place, called the Money Board, where people like myself discuss these things
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