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Posted on 1/23/21 at 1:17 pm to castorinho
quote:
This is amazing.
Don't think I have the balls, but there's clearly money to be made if you're not too greedy
I don't have the risk tolerance to go all in like this, but there are multiple people on wallstreetbets who have become millionaires through going all in on GME calls before this run up started.
Posted on 1/23/21 at 1:35 pm to MusclesofBrussels
Yep, I was looking through their screenshots on Reddit last night. Absolutely insane. One of those dudes was in @ $.30.
I just wonder what type of precedence this sets going forward. Wall Street has to be in a frenzy over this and what it means going forward. 20 year olds on Reddit out dueling Hedge Funds.
I just wonder what type of precedence this sets going forward. Wall Street has to be in a frenzy over this and what it means going forward. 20 year olds on Reddit out dueling Hedge Funds.
Posted on 1/23/21 at 2:29 pm to TigeRoots
quote:
I just wonder what type of precedence this sets going forward.
It’s time for TD to unite behind a stock and do the same. I think cgrand is on to something with GOGO — that has to be one of the most meme worthy tickers out there.
Posted on 1/23/21 at 2:57 pm to TheChosenOne
as of 1/23, stocks with highest short interest

Posted on 1/23/21 at 3:02 pm to cgrand
Virgin galactic is interesting. Short shares far exceed the float with a stock that has a solid future
Edit: I see your GOGO
Edit: I see your GOGO
This post was edited on 1/23/21 at 3:10 pm
Posted on 1/23/21 at 3:08 pm to cgrand
the market is better than crypto right now
and the # of robinhood accounts just reached an ATH
and the # of robinhood accounts just reached an ATH
Posted on 1/23/21 at 3:13 pm to Upperdecker
It is. Especially after it spiked heavily on the ARK ETF news and is continuing to climb. I think it’s up 35ish percent over the last couple weeks. Pressure could start mounting on those short positions.
This post was edited on 1/23/21 at 3:19 pm
Posted on 1/23/21 at 3:47 pm to TheChosenOne
Is there any room left to clip this bastard for a day to get a quick pump and dump
Posted on 1/23/21 at 4:00 pm to cgrand
quote:
as of 1/23, stocks with highest short interest
Nice. Wonder which one we riding next? This is insanity. Maybe start a thread here with the stocks with the highest short interest and start our conversation there? What do y'all think?
This post was edited on 1/23/21 at 4:01 pm
Posted on 1/23/21 at 5:25 pm to Powerman
quote:
I'm reading the gamestop run up is due to reddit trolls and probably doesn't reflect a long term economic reality
It could though. I think people are underestimating Ryan Cohen. He built Chewy from basically nothing and he knows how to build and grow a successful business. Especially with gaming taking off. Gamestops market cap still sits at 4.5 billion. Can you imagine the share price if it was valuated like a bestbuy with a market cap of 30 billion? This stock still has much further to go IMO. Hate that I trimmed 50 shares of my 500 on Friday. I doubted my vibe.
Posted on 1/23/21 at 6:05 pm to TheChosenOne
Yeah, Virgin Galactic is intriguing. How long does it take to launch an ETF after announcing it? Do they just set their allocations and start plowing into buying on day one?
Posted on 1/23/21 at 6:14 pm to rocksteady
There is still time to get in on the GME rocketship! Just don't set a sell limit if you are trying to ride this to the top. Also think this is just getting started. Lets go 

Posted on 1/23/21 at 6:51 pm to jangalang
quote:
Quick question. Can GME not dilute their shares now and make all their debt go away?
They can and should do an offering ASAP to take advantage of the elevated share price...and I hope they do it so we can watch the likely insane price action.

Posted on 1/23/21 at 8:08 pm to KickPuncher
I would not be buying GME anymore. If you are still in, I would recommend selling on Monday. Friday was the final squeeze.
Posted on 1/23/21 at 8:18 pm to JJJrich
quote:
I would not be buying GME anymore. If you are still in, I would recommend selling on Monday. Friday was the final squeeze.
Isn’t it estimated that the short position is still over 100%.
Posted on 1/23/21 at 8:23 pm to JJJrich
quote:
I would not be buying GME anymore. If you are still in, I would recommend selling on Monday. Friday was the final squeeze.
You been over to Wall Street bets lately? Those guys are still full speed ahead on this. I would not bet against them at this point
I’m just a spectator. Prob one of the most epic short squeezes I’ve ever witnessed and I’m actually happy for those autists over there. Been pretty cool to watch
Posted on 1/23/21 at 8:32 pm to JJJrich
Get your puts in then big boy, don't forget to post the loss porn. You are fighting against an army of autists and we're just getting started.
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