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re: So I bought some Gamestop(GME)

Posted on 1/29/21 at 12:04 pm to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/29/21 at 12:04 pm to
yea that's how they've manipulated the trade blocks today with throttled buying. bore the crowd all day with no price action until they chase the next shiny ohject. the autists will hold but the normies are going to bail imo
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/29/21 at 12:05 pm to
Same thing I brought up earlier. How many will have the stones/patience to hold through the weekend? At best we’ll have a minor selloff heading into the bell today.
Posted by dirtsandwich
AL
Member since May 2016
6504 posts
Posted on 1/29/21 at 12:05 pm to
quote:

The concern now is if a bit of this squeeze doesn't happen today, how many people are gonna sell before market close because they got bored and "heard" Friday was supposed to be fireworks?

I share this concern.
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 1/29/21 at 12:08 pm to
quote:

That pathetically low volume pisses me off so bad.


It's probably been mentioned, but RH has now restricted GME buying from 5 shares to 2 according to wsb.
LINK
This post was edited on 1/29/21 at 12:09 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35837 posts
Posted on 1/29/21 at 12:09 pm to
Is anyone else getting sick of the talking heads continuing to call it "Gamestock"?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 12:10 pm to
Gamestonk*
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/29/21 at 12:16 pm to
Full disclosure: Just sold 25 more, from 90 to 25 working my way down the last few days. Will hold these, but up to about $10K+ profit thus far.
Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 1/29/21 at 12:18 pm to
quote:

It's probably been mentioned, but RH has now restricted GME buying from 5 shares to 2 according to wsb.


So what's their "rationale" behind this when the thing's barely moved all day?
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 1/29/21 at 12:20 pm to
Protecting their "customers"
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40292 posts
Posted on 1/29/21 at 12:21 pm to
quote:

So what's their "rationale" behind this when the thing's barely moved all day?

They are running out of shares to deliver
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/29/21 at 12:22 pm to
dow -700

oh boy
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/29/21 at 12:23 pm to
quote:

So what's their "rationale" behind this when the thing's barely moved all day?

I think they let you have only 5 total. So if you over, you can't buy more. frick RH.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40292 posts
Posted on 1/29/21 at 12:24 pm to
Things are breaking
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
748 posts
Posted on 1/29/21 at 12:24 pm to
quote:

Full disclosure: Just sold 25 more


So you're the reason it dropped from a consistent 330 per share to 315.

THANKS PAPER HANDS!!

Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14470 posts
Posted on 1/29/21 at 12:30 pm to
There is no way this stock just fluctuates between $300-$350 the rest of the day. I refuse to believe it.
Posted by Hawgnsincebirth55
Gods country
Member since Sep 2016
18192 posts
Posted on 1/29/21 at 12:30 pm to
Is it too late to join the party?
Posted by Lou Pai
Member since Dec 2014
29473 posts
Posted on 1/29/21 at 12:31 pm to
quote:

If there was a short squeeze still happening, particularly with the 7+ day shorts, yesterday busted that thesis for me. Stock got to $480, shorts would have been down astronomically and needed to cover, yet there was no buying pressure from them, and retail investors were folding or else 57MM shares wouldn’t have traded, many of them down considerably.



No no no. This is over your head. Diamond hands.
Posted by el Gaucho
He/They
Member since Dec 2010
58507 posts
Posted on 1/29/21 at 12:31 pm to
Get in baw
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40292 posts
Posted on 1/29/21 at 12:31 pm to
The capitol seige and biden’s inauguration feels like they were 3 years ago
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14470 posts
Posted on 1/29/21 at 12:32 pm to
frick it. I just bought five $500 1/29 strikes for $2 each. What’s another grand. If I get fireworks it will be glorious
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