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re: So I bought some Gamestop(GME)
Posted on 1/28/21 at 10:11 am to Smoke7024
Posted on 1/28/21 at 10:11 am to Smoke7024
Made an absolute killing on this and closed it out yesterday from $18 to $335 but I really feel badly for all the retail investors who were buying and holding and got smoked by RobinHood.
Really sad.
Really sad.
2
Posted on 1/28/21 at 10:11 am to msutiger
quote:
I don’t think anyone is going to be able to stop this at this point. The bottom is falling out too fast
The longs are trying to take their profits.
quote:
The bad guys are going to win like always
Depends on timing. If the price plummets from longs taking profits sufficiently enough before they have to cover then they will escape with far less losses than expected.
Posted on 1/28/21 at 10:11 am to volfan30
Get in on AMC, its charging back up
Posted on 1/28/21 at 10:12 am to volfan30
quote:
Made an absolute killing on this and closed it out yesterday from $18 to $335
Posted on 1/28/21 at 10:13 am to LSUGUMBO
This is not financial advice
With volume so damn low and like 80% of would be buyers locked out, this screams bullshite dip. Diamond hands baws
With volume so damn low and like 80% of would be buyers locked out, this screams bullshite dip. Diamond hands baws
Posted on 1/28/21 at 10:13 am to KickPuncher
Lets see if the Streisand effect hits GME.... this wont go over well. You could have investors piling in from worldwide . .. .. I do believe the short float is still like 125%? Its main street vs wall street. For a lot of people this is personal - this is their Alamo
*this is not financial advice
*this is not financial advice
Posted on 1/28/21 at 10:13 am to GumboPot
No way the shorts covered yet or close. Volume is way way too low for them to do that.
Posted on 1/28/21 at 10:14 am to JohnnyKilroy
quote:exactly. this is some frickery
With volume so damn low and like 80% of would be buyers locked out, this screams bull shite dip. Diamond hands baws
Posted on 1/28/21 at 10:14 am to bamabenny
I bought 4 more shares right at market open. 
Cant wait to see what happens (this is just play money). . . . .
Cant wait to see what happens (this is just play money). . . . .
Posted on 1/28/21 at 10:14 am to JohnnyKilroy
quote:
With volume so damn low and like 80% of would be buyers locked out, this screams bullshite dip.
from the other thread, THIS is likely going to lead to some investigations. clearly there is collusion to manipulate the market going on
i don't know if "but we felt they were committing fraud" will be enough, b/c then shouldn't they halt ALL trading?
Posted on 1/28/21 at 10:15 am to SlowFlowPro
Good lord, it's tanking HARD
Posted on 1/28/21 at 10:15 am to JohnnyKilroy
some major frickery going down bts
Posted on 1/28/21 at 10:15 am to barbapapa
AMC trading halted
Posted on 1/28/21 at 10:15 am to barbapapa
Is this the death blow?
Posted on 1/28/21 at 10:15 am to KickPuncher
Yep. Hasn’t started yet. This is a facade
Posted on 1/28/21 at 10:16 am to KickPuncher
I've also seen a theory where they broker or mm who has to stay neutral on delta by days end, could instead of staying neutral on every trade, perhaps let one side build up (like driving price down) and then balance it out by end of day (like 1 hour bump up). This would force panic sell for some. Don't know how true it could be, but I'm sure they know all the tricks.
Posted on 1/28/21 at 10:18 am to CajunTiger78
quote:
Get in on AMC, its charging back up
Man, IDK about this. Since Robinhood kept longs from buying this morning that allowed the hedges to cover their positions. How much? IDK. But the manipulation to protect the hedges by Robinhood is bullshite.
Posted on 1/28/21 at 10:18 am to KickPuncher
Been an awesome ride guys.. I sold everything but 2 shares this morning at around $290. Average cost was $31, had to lock those in. What a week I am exhausted
Posted on 1/28/21 at 10:19 am to Smoke7024
quote:
Good lord, it's tanking HARD
Longs panicking now. What to take their profits.
Posted on 1/28/21 at 10:19 am to PierPunk
Here comes the CNBC analysts saying “see! We were trying to prevent you guys from bagholding!” When in reality they CAUSED the bagholding.
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