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Message
re: So I bought some Gamestop(GME)
Posted on 1/29/21 at 8:20 am to KickPuncher
Posted on 1/29/21 at 8:20 am to KickPuncher
quote:
Yet magically the price has gone up.
The price has only come up since restrictions have been lifted. The bottom yesterday took place during the pause.
When most of these retail folks are buying on Robinhood, and they can't buy on robinhood, and can't get funds to another broker fast enough. The demand tanks artificially.
Now the price is taking off.
Posted on 1/29/21 at 8:20 am to KickPuncher
quote:
Yet magically the price has gone up.
Nothing magical about it. This is a global phenomenon now. People all over the world are getting in on it.
Posted on 1/29/21 at 8:20 am to teke184
And that shorts are still busting arse to cover.
Theoretically a short in the US could cover on another exchange correct?
Theoretically a short in the US could cover on another exchange correct?
Posted on 1/29/21 at 8:21 am to KickPuncher
quote:
I think part of the squeeze has started, like picking up the lemon and rubbing it between your hands to loosen up the juices. We are probably at the part where we cut the lemon in half. All that is left is the squeezing. Probably won't happen today, but soon.
Yea I’m not disagreeing that there is more squeeze to go, just saying we’ve had some already. But the short interest remains nearly the same, meaning it will just keep going that much farther
Posted on 1/29/21 at 8:21 am to Sao
Posted on 1/29/21 at 8:22 am to STLhog
You are still dealing with a stock listed on Nasdaq so I’m not sure you can officially trade it on another exchange.
Still doesn’t stop foreign brokers who sit on the markets in Germany, Japan, or elsewhere from trying to get involved here because they smell blood in the water.
Still doesn’t stop foreign brokers who sit on the markets in Germany, Japan, or elsewhere from trying to get involved here because they smell blood in the water.
Posted on 1/29/21 at 8:22 am to Upperdecker
quote:
there is more squeeze to go,
Infinite squeeze to go. That’s why talking heads on CNBC are now calling on regulators to step in and out a stop to this
Posted on 1/29/21 at 8:23 am to teke184
quote:
You are still dealing with a stock listed on Nasdaq so I’m not sure you can officially trade it on another exchange
You can and foreigners have. That’s why you keep seeing a price rise over night
Posted on 1/29/21 at 8:23 am to 13SaintTiger
If the funds take their losses, it doesn’t happen.
Them continuing to push their position thinking they are too big to fail WILL cause this to happen.
Them continuing to push their position thinking they are too big to fail WILL cause this to happen.
Posted on 1/29/21 at 8:24 am to 13SaintTiger
Good luck today boys and girls.
Diamond hands.
Diamond hands.
Posted on 1/29/21 at 8:25 am to rocket31
quote:I actual like it when group think doesn't agree with me at times.
you've taken a lot of heat in this thread but have gotten it completely right so far. the only thing no one could predict was RH shutting down buys yesterday
But yeah yesterday was crazy but it was all dirty tricks by them and I still got my calls expiring today. I was thinking hard at selling at end of day, but that would have gotten me $20k, but now that has about tripled this morning. I really just wanted to sell one contract (110 call), and then use that profit to exercise my other (80 call). I definitely am going to sell today though, at least that one.
Posted on 1/29/21 at 8:25 am to teke184
quote:
If the funds take their losses, it doesn’t happen.
That was true maybe a few weeks ago, now they are being held by the balls. They are likely unable to take their losses
Posted on 1/29/21 at 8:27 am to 13SaintTiger
QUICK -- $1,000 in GME or AMC??? I need to know now 
Posted on 1/29/21 at 8:28 am to 13SaintTiger
Good luck boys. Diamond hands. Gtfo gay bears. Sorry you didn’t get in on the fun..
Posted on 1/29/21 at 8:28 am to 13SaintTiger
Which means the brokers have to cover the losses. Which means that the government has to cover the broker’s losses when they fold.
Cash them out, ban them from ever trading securities again, and don’t forget to pay the lady.
The US taxpayer is already fricked anyway so what different does it make that it is going to a bunch of investors who broke the hedge funds?
Cash them out, ban them from ever trading securities again, and don’t forget to pay the lady.
The US taxpayer is already fricked anyway so what different does it make that it is going to a bunch of investors who broke the hedge funds?
Posted on 1/29/21 at 8:28 am to TDsngumbo
Final systems check. All parties check in.
Posted on 1/29/21 at 8:28 am to TDsngumbo
GME is a much better bet.
But its a bet at this point, keep that in mind.
But its a bet at this point, keep that in mind.
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