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re: So I bought some Gamestop(GME)

Posted on 1/29/21 at 2:57 pm to
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18406 posts
Posted on 1/29/21 at 2:57 pm to
quote:

I really thought today would be the massive profit taking and floor falling out.


Chicken is coming home to roost for $320 calls and below.
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
18240 posts
Posted on 1/29/21 at 2:57 pm to
Posted by bricksandstones
Member since Nov 2015
1712 posts
Posted on 1/29/21 at 2:57 pm to
This is better than sports
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40992 posts
Posted on 1/29/21 at 2:57 pm to
quote:

This has happened before and will happen again.


Can you link an instance of a trading platform stating they will not let you buy a security until it hits the chairman’s personal price target?

And not because there’s a technical error that needs to be fixed, but because the price is just too high, in the chairman’s opinion.
Posted by rintintin
Life is Life
Member since Nov 2008
17058 posts
Posted on 1/29/21 at 2:57 pm to
AH is where the fireworks happen anyway. Its remarkable that it has held in the 300's.

That's still nearly a 70% gain if you bought at close yesterday.
This post was edited on 1/29/21 at 2:59 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:57 pm to
This is the most fun I’ve had since 2019 football season
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
765 posts
Posted on 1/29/21 at 2:57 pm to
This is the first time all day that GME has pulled away from AMC in terms of change from opening.

GME up 69%
AMC up 53%
Posted by DeathValley85
Member since May 2011
19199 posts
Posted on 1/29/21 at 2:58 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:58 pm to
330 LFGGGGG
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/29/21 at 2:58 pm to
the boys held. frick this is beautiful
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 1/29/21 at 2:58 pm to
quote:

Come on dude, you are being a bit disingenuous. Please point me to where I can read about trading platforms collectively forcing one sided trades?


The scale is obviously different, but I’m talking about the individual actions.

We’ve never seen it to this scale, but we’ve never seen a GME before either.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18406 posts
Posted on 1/29/21 at 2:58 pm to
Lol
Posted by teke184
Zachary, LA
Member since Jan 2007
103804 posts
Posted on 1/29/21 at 2:58 pm to
A share, Vasily. One share only.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18406 posts
Posted on 1/29/21 at 2:58 pm to
quote:

I’m talking about the individual actions.


I’d like to read it if you have any examples
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40992 posts
Posted on 1/29/21 at 2:59 pm to
quote:

We’ve never seen it to this scale, but we’ve never seen a GME before either.


Yes we have. Lmao.
Posted by Dawgfan247
Member since Jan 2021
1900 posts
Posted on 1/29/21 at 3:00 pm to
Someone on Reddit figured out how to get around the restrictions. It involves buy a cheap option and exercising it, giving you 100 shares for each contract.

You need quite a bit of money for this though lmao.
This post was edited on 1/29/21 at 3:01 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/29/21 at 3:00 pm to
+69% for the bully bros

it was destiny from the gods
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40992 posts
Posted on 1/29/21 at 3:00 pm to
Ho hum another 70% gainer for gme
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 3:01 pm to
YES
Posted by teke184
Zachary, LA
Member since Jan 2007
103804 posts
Posted on 1/29/21 at 3:01 pm to
Lol. They’ll either patch that over the weekend or just forcibly close out all Gamestock on their books.
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