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re: So I bought some Gamestop(GME)

Posted on 1/28/21 at 1:06 pm to
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/28/21 at 1:06 pm to
quote:

With what is going on right now, and when they expire, does cover execution automatically happen? Guess this is a piece I'm missing. It should correct?


Yes or they could potentially double down by paying additional fees . I forget what tomorrow needs to close at for some of the shorts to minimize losses, but I think it’s $200. If they can keep it below that it’s a small victory for them but as long as there are naked shorts out there, only intervention can stop the inevitable.
This post was edited on 1/28/21 at 1:07 pm
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466272 posts
Posted on 1/28/21 at 1:07 pm to
quote:

Please go ahead and do the Atlantic’s job by writing an article on how WSB is related to trump, gamergate and the alt right

i think CNN did that article this morning
Posted by Lou Pai
Member since Dec 2014
29473 posts
Posted on 1/28/21 at 1:08 pm to
quote:

What are you confused about. You said Melvin completely covered, we said it’s a lie, the numbers nor the trades support it.


What numbers and why would they either confirm or disprove it?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/28/21 at 1:09 pm to
how is Twitter free? phenomenal entertainment
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/28/21 at 1:10 pm to
Don’t give them any ideas Brah!
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/28/21 at 1:11 pm to
quote:

why would they either confirm or disprove it?


Why would you believe it then? They said they don’t talk about their positions and given the events this week and today leads you to believe the report is true? If that’s what you believe then cool.
Posted by Box Geauxrilla
Member since Jun 2013
19207 posts
Posted on 1/28/21 at 1:13 pm to
Bought 10 shares today @ $220.

Either I lose 2k or I buy land on Mars. Set my sell limit to $5k, but that may be too low.
Posted by castorinho
13623 posts
Member since Nov 2010
86565 posts
Posted on 1/28/21 at 1:17 pm to
quote:

Set my sell limit to $5k,
why so conservative?
Posted by Lou Pai
Member since Dec 2014
29473 posts
Posted on 1/28/21 at 1:21 pm to
No I believe it based on common sense, for the reason I stated earlier. Holding onto that is unthinkable. Others have absolutely gotten run over in shorts in this insane run in the interim for sure, the short interest "data" absolutely reflects that. But there's no way any legitimate fund holds a sub <$20 short on a stock that runs to $350.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
22079 posts
Posted on 1/28/21 at 1:23 pm to
LINK


quote:

Tyler Winklevoss
@tyler
Who made the call to
@RobinhoodApp
this morning? People deserve to know.


The Winklevosses have entered the arena.
Posted by STLhog
Dallas, TX
Member since Jan 2015
18838 posts
Posted on 1/28/21 at 1:24 pm to
quote:

The Winklevosses have entered the arena.



They absolutely throttled CNBC this morning.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/28/21 at 1:24 pm to
robinhood eventually needs to open trading to gme again, right? I was really hoping this drama would end soon but it's only just began
Posted by BilJ
Member since Sep 2003
162115 posts
Posted on 1/28/21 at 1:27 pm to
quote:


Steven Cohen
@StevenACohen2
I’m not feeling the love on this site today . Trading is a tough game . Don’t you think?


what a dick
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/28/21 at 1:28 pm to
*Steve is denying his involvement now
This post was edited on 1/28/21 at 1:29 pm
Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 1/28/21 at 1:28 pm to
quote:

robinhood eventually needs to open trading to gme again, right? I was really hoping this drama would end soon but it's only just began


Robinhood is gonna fall on the sword.
Posted by Lightning
Texas
Member since May 2014
3118 posts
Posted on 1/28/21 at 1:31 pm to
quote:

quote:

Steven Cohen
@StevenACohen2
I’m not feeling the love on this site today . Trading is a tough game . Don’t you think?


what a dick


“This Monopoly game sure is tough to play when my friends and I flip the board over in a fit of rage. Isn’t it?”
Posted by LSU>USC
Campus
Member since May 2004
332 posts
Posted on 1/28/21 at 1:32 pm to
I just bought 50 shares at $232. I'll ride it down if that's the case but frick these hedge funds and frick CNBC for their garbage coverage of all this.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 1/28/21 at 1:33 pm to
quote:

don't care how you came up with it, the call was spot on. Any other ideas like this one?? You've got my full on attention now! No homo...

Guess you missed BB

I’m likely taking a break for a bit to let things settle down and enjoy my wins. Then I’m gonna get back into deep research and find another winner. I’ll share that winner when I do
Posted by WDE24
Member since Oct 2010
54838 posts
Posted on 1/28/21 at 1:33 pm to
quote:

what a dick
Is he not supposed to fight back?
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 1/28/21 at 1:34 pm to

I bet he deletes that later. That's a really bad look
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