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re: So I bought some Gamestop(GME)
Posted on 2/1/21 at 10:51 am to JohnnyKilroy
Posted on 2/1/21 at 10:51 am to JohnnyKilroy
divide and conquer.
are you still holding bro?
are you still holding bro?
2
Posted on 2/1/21 at 11:00 am to rocket31
I'm still holding but I took profits last week. Probably see how today goes before deciding when to exit. This is all fun money now.
Posted on 2/1/21 at 11:02 am to JohnnyKilroy
I'd like to keep holding, but I can't keep being this distracted at work. Seriously considering paper handing it at the next price jump just to get back to my normal routine.
The new tactic of keeping the price relatively steady is certainly working (at least for me).
Of course - I'm also considering buying more if it dips to $220 again, so who knows.
The new tactic of keeping the price relatively steady is certainly working (at least for me).
Of course - I'm also considering buying more if it dips to $220 again, so who knows.
This post was edited on 2/1/21 at 11:03 am
Posted on 2/1/21 at 11:07 am to rocket31
quote:
divide and conquer.
Yep. The GME mega thread is getting bombarded by AMC and silver posts.
Posted on 2/1/21 at 11:09 am to JohnnyKilroy
yeah, MSM played the retail drones like the simple-minded sheep that they are, id laugh but i feel bad for a lot of these people because i know they were way too overleveraged
Posted on 2/1/21 at 11:09 am to rocket31
You know what they say. The house always wins.
Posted on 2/1/21 at 11:10 am to JohnnyKilroy
quote:
The GME mega thread is getting bombarded by AMC and silver posts.
Posted on 2/1/21 at 11:20 am to SlowFlowPro
interesting that the “the squeeze hasn’t happened yet!” posters have gone AWOL
Posted on 2/1/21 at 11:22 am to SlowFlowPro
My feeling is that the run is nearly over. Retail had a good shot but it got kneecapped about 10 feet from the finish line. There was going to be another gamma squeeze but artificially annihilating demand killed it. Basically this thing was going non stop and peeps were getting frothy up until the game was completely changed in an instant. Reddit found a glitch in the system that you could gamma squeeze anything with enough momentum. That bug was quickly squashed.
Volume is low but I wouldn't be surprised if a solid amount of the shorts have covered in the last 3 trading days.
Volume is low but I wouldn't be surprised if a solid amount of the shorts have covered in the last 3 trading days.
This post was edited on 2/1/21 at 11:25 am
Posted on 2/1/21 at 11:47 am to boomtapp
quote:
Of course - I'm also considering buying more if it dips to $220 again, so who knows.
Bahhg Oulder
Posted on 2/1/21 at 11:56 am to oklahogjr
This post was edited on 2/1/21 at 11:58 am
Posted on 2/1/21 at 12:04 pm to JohnnyKilroy
Not always. But if they lose they tend to change the rules to prevent it from happening again or ban the people who beat them.
The MIT blackjack crews who hit a bunch of casinos ended up getting a gun pulled on them on a golf course by a casino owner down in the Carribbean because they took so much off of him. (Antigua? Aruba? One of those islands)
The MIT blackjack crews who hit a bunch of casinos ended up getting a gun pulled on them on a golf course by a casino owner down in the Carribbean because they took so much off of him. (Antigua? Aruba? One of those islands)
Posted on 2/1/21 at 12:06 pm to teke184
I will say that hardly anyone is selling. Volume has ground to a halt.
We had super low volume on Thursday and Friday and we have even less volume today.
We had super low volume on Thursday and Friday and we have even less volume today.
Posted on 2/1/21 at 12:07 pm to SugarAggie
Hate this. I'm picturing big money shorting this stock again and making even more than they did before.
Posted on 2/1/21 at 12:08 pm to JohnnyKilroy
quote:
I will say that hardly anyone is selling. Volume has ground to a halt.
I have to say I am pretty shocked at the level of holding going on, given the past 2.5 days of trading
Posted on 2/1/21 at 12:09 pm to JohnnyKilroy
Has retail ran out of money to buy?
Posted on 2/1/21 at 12:09 pm to JohnnyKilroy
IMHO, if volume is low and few people are selling, then the questions upthread about the shorters running a “ladder” scheme are valid.
If there isn’t a big rush to sell, we shouldn’t be seeing the stock down 80 points on the day.
If there isn’t a big rush to sell, we shouldn’t be seeing the stock down 80 points on the day.
Posted on 2/1/21 at 12:09 pm to JimMorrison
quote:
Has retail ran out of money to buy?
retail can't effectively buy
Posted on 2/1/21 at 12:10 pm to Sao
quote:
picturing big money shorting this stock again and making even more than they did before.
It's for sure happening.
This squeeze up wasn't all retail, either. Big money was profiting huge on the rally
Posted on 2/1/21 at 12:11 pm to JimMorrison
quote:
Has retail ran out of money to buy?
I guess a lot of it is tied up leaving RH and heading elsewhere.
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