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re: So I bought some Gamestop(GME)

Posted on 2/1/21 at 12:52 pm to
Posted by castorinho
13623 posts
Member since Nov 2010
86556 posts
Posted on 2/1/21 at 12:52 pm to
Right. Which makes it interesting. Not sure what to make of it.

Next official short report comes out on the 9th. That's too far out
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/1/21 at 12:52 pm to
quote:

Will be curious to see what happens once all the Robinhooders get their funds and positions transferred to different brokerages.




GME goes brrrrrrrr
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40288 posts
Posted on 2/1/21 at 12:53 pm to
I will say that I hope at least 5mil of the 6mil new wsb members unsub. 90% of the posts now are just trying to get something to pump for no reason. Wsb wasn't a pump and dump sub before but it sure is right now.

A lot of their plays were retarded but they were at least tied to some sort of DD, even if it was low quality. Right now it's just "Buy XXX, it will moon. Why? Because when all of us buy it the price will go up and we will get tendies"
This post was edited on 2/1/21 at 12:56 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/1/21 at 12:54 pm to
the sub is ruined forever imo, not sure if the mods can handle all the spam and normie pump posts

Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 2/1/21 at 12:56 pm to
Robinhood allowing 20 shares now. Expect a climb and then it to stall out.
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 2/1/21 at 12:58 pm to
quote:

hose folks who transferred stock to fidelity at end of last week are prolly gonna have a bad week.




If they don't get the transfer done really fast. Yep.


quote:

Also so everyone knows I joined rocket31 in the paper hands club this morning.



So you both sold today? I hope you made bank on it.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466237 posts
Posted on 2/1/21 at 12:58 pm to
quote:

Right now it's just "Buy XXX, it will moon. Why? Because when all of us buy it the price will go up and we will get tendies"



SEC [intensifies] diminishes
Posted by Overbrook
Member since May 2013
6375 posts
Posted on 2/1/21 at 1:00 pm to
I looked at the puts on Friday. The premium was enormous (like $10 for a $40 march strike).
Today, GME is down, what, 30%, and those puts are also down! Yikes!
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 2/1/21 at 1:01 pm to
quote:

the sub is ruined forever imo, not sure if the mods can handle all the spam and normie pump posts



When you get people bashing everything EXCEPT 1 stock... GME, then the people actually doing DD can't be heard and when they are, they are slammed...

YEAH! It sucks!
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 2/1/21 at 1:02 pm to
quote:

Also so everyone knows I joined rocket31 in the paper hands club this morning.

Nobody should be shaming each other for selling. It’s your money, and you as an individual investor have no impact on the market. There are very few individual investors in GameStop that can actually effect the market
quote:

Made 50 by risking 1500 so definitely a wsb quality play

Dollars?
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 2/1/21 at 1:02 pm to
quote:

I looked at the puts on Friday. The premium was enormous (like $10 for a $40 march strike).
Today, GME is down, what, 30%, and those puts are also down! Yikes!



insane
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40288 posts
Posted on 2/1/21 at 1:02 pm to
quote:

Nobody should be shaming each other for selling. It’s your money, and you as an individual investor have no impact on the market. There are very few individual investors in GameStop that can actually effect the market


Agreed.


Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 2/1/21 at 1:03 pm to
quote:

Dollars?

Yeah I took profits on my shares thst started the thread way before. I tripped after 300 under the robinhood restrictions. Barely missed the dream roller it seems
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 2/1/21 at 1:03 pm to
The amount of three digit account holding posts is disgusting. I don’t care that someone made $200 on GameStop. That used to be a bannable offense on WSB, now it’s encouraged
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40288 posts
Posted on 2/1/21 at 1:04 pm to
Buying shares period was a bannable offense
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 2/1/21 at 1:04 pm to
If you made $50 profit did you only have 1 share?
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 2/1/21 at 1:04 pm to
quote:

The amount of three digit account holding posts is disgusting. I don’t care that someone made $200 on GameStop. That used to be a bannable offense on WSB, now it’s encouraged

ruined until this is over and the newbies wash out. May never come back if they dont
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 2/1/21 at 1:05 pm to
quote:

Buying shares period was a bannable offense

Yes and I’ve been mad about that as well, but at least shares help the cause here. People posting $400 all shares “yolos” and getting thousands of upvotes enrages me
This post was edited on 2/1/21 at 1:06 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 2/1/21 at 1:07 pm to
quote:

you made $50 profit did you only have 1 share?

On 5 shares.

Bought at 303 Thursday and sold at 313 this morning. When premarket failed on me I figured this was done. Also the DD is increasingly just don't trust anyone s numbers here's some old numbers I liked.


I only post this to illustrate how poor of s trade I entered by buying under restricted market towards peak price. I'm lucky I didn't lose some capital this morning.

Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/1/21 at 1:07 pm to
the moon bois will wash out very soon as they have short attention spans

but ill be more skeptical of "legitimate" DD threads now as the MSM knows reddit can move the market and will be using that to their advantage
This post was edited on 2/1/21 at 1:09 pm
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