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re: GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence
Posted on 5/21/24 at 9:39 am to StonewallJack
Posted on 5/21/24 at 9:39 am to StonewallJack
I think he believes it was still fundamentally undervalued at that price.
Posted on 5/21/24 at 1:28 pm to slackster
quote:
I think he believes it was still fundamentally undervalued at that price.

Posted on 5/21/24 at 3:38 pm to Jag_Warrior
I just saw that $GME has had over a billion trades this month. That is nuts for a stock that only has about 300 million shares and a much smaller free float.
But, those of you who want to think it is just a normal "meme" stock and this means nothing, shrug.
You might be right.
But, those of you who want to think it is just a normal "meme" stock and this means nothing, shrug.
You might be right.
Posted on 5/21/24 at 3:41 pm to StonewallJack
quote:
Why did you not sell when it reached around $60?
It actually got to 80 pre-market.
I am going long on this and believe in the investment. I admit, I thought about selling a few ... and then hoping to buy back in if (it did) drop, but I missed that. One of my kids picked up some extra shares doing it.
I am not much of a day trader, but I just buy and hold. I am boring.
Posted on 5/24/24 at 5:23 pm to el Gaucho
$GME announces the closed share offering and secured $933 million bringing their cash to ~ 2 billion.
They might invest or might make an acquisition. Stock price has jumped AH
In addition, some whale has been buying hundreds of thousands of 20 dollar calls.expiring next month. Here is one;
They might invest or might make an acquisition. Stock price has jumped AH
In addition, some whale has been buying hundreds of thousands of 20 dollar calls.expiring next month. Here is one;
Posted on 5/24/24 at 5:28 pm to GhostOfFreedom
One theory on the calls is that EBS might be trying to get out of the Credit Suisse / Archegos shorts that they have been bag holding. Basically, first mega shorter out loses less.
Posted on 6/5/24 at 9:23 pm to boogiewoogie1978
quote:
I'm sorry but I just don't buy this. Short squeezes are rare occurrences, and I don't see hedge funds shorting this thing that much again knowing the emotional ties to it.
Seems like I was correct on what's going on.
Posted on 6/5/24 at 9:37 pm to MrLSU
quote:
Seems like I was correct on what's going on.
It probably wasn’t a short squeeze though.
Posted on 6/6/24 at 4:09 pm to Ingeniero
Is this real? He had almost $600B in value in GME alone?
Posted on 6/6/24 at 4:33 pm to StonewallJack
Just checked out the Reddit thread…now the question is how he gets the cash to exercise the options. Who knows what the stock does with his live stream tomorrow at noon.
If I had to bet now, I would assume he becomes a billionaire tomorrow.
If I had to bet now, I would assume he becomes a billionaire tomorrow.
Posted on 6/6/24 at 4:35 pm to lynxcat
I haven’t been following this closely but is there a reason he can’t just sell the calls and roll out to Jan or something?
Posted on 6/6/24 at 6:05 pm to I Love Bama
This has been officially my best stock trading day experience ever. I am now firmly positioned on retirement funds right now. The days of investing in AT's stock choices seem like an eternity ago.
This post was edited on 6/6/24 at 6:07 pm
Posted on 6/6/24 at 6:20 pm to MrLSU
GME just hit $60 a share After Hours and is headed upwards like an Elon Musk Rocket.
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