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re: So I bought some Gamestop(GME)

Posted on 2/1/21 at 1:10 pm to
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 2/1/21 at 1:10 pm to
quote:

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

I've been caught holding the bag enough for one lifetime. I'll miss potential gains in the name of real reward on almost any trade. I was just busting balls earlier.

Those folks with 200k on a few grand shoulda gotten the frick out
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40288 posts
Posted on 2/1/21 at 1:10 pm to
quote:

Also the DD is increasingly just don't trust anyone s numbers here's some old numbers I liked.


This was my sign. The whole play was making a bet on where things stood at that moment in time. Updated info comes out and nearly everyone just looks at it and says "Well these numbers from a week ago say differently so this is obviously fake"



This post was edited on 2/1/21 at 1:13 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/1/21 at 1:13 pm to
yea I didn't mind going down for the cause until 1) RH debacle and 2) volume manipulation. at these points, we were fighting a losing battle

holding until the stock crashes does not make you a martyr if what you're fighting for is a mirage
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 2/1/21 at 1:13 pm to
It’s all good. A few shares for the chance of moon doesn’t hurt. I bought back in with one share Friday near close just for fun after having sold all my shares and calls for profits on the way up. I’ve bought back in a few times but this is the first time I’ve been at a loss
This post was edited on 2/1/21 at 1:14 pm
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 2/1/21 at 1:15 pm to
quote:

yea I didn't mind going down for the cause until 1) RH debacle and 2) volume manipulation. at these points, we were fighting a losing battle

holding until the stock crashes does not make you a martyr if what you're fighting for is a mirage


Agreed. The herd mentality and pressure to hold will result in some beautiful loss porn though
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 2/1/21 at 1:17 pm to
My nephew loves to shoot for them moon on everything.


I keep telling him.. slow and steady will make you.


Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 2/1/21 at 1:19 pm to
quote:

I keep telling him.. slow and steady will make you.

Considering I’m gonna have to do a quarterly estimated tax payment I tend to agree with you
Posted by Pendulum
Member since Jan 2009
7917 posts
Posted on 2/1/21 at 1:46 pm to
I believe it's over as well, I'm sitting on 2 shares @ $275 just for shits and giggles. If RH is opening up shares, you know the shorts are now covered.

I have such massive gains already in this portfolio for the year, I figure it's worth a few more days just to see what happens; worst case, it's some losses that wouldn't be the worse thing. If I had no realized gains, I'd be out.
This post was edited on 2/1/21 at 1:46 pm
Posted by htcthc321
Member since Oct 2010
1741 posts
Posted on 2/1/21 at 1:54 pm to
I sold my fractional shares of GME to buy puts for the ride back down. Ended up selling those this morning and buying $18 & $20 BB 2/5 calls.

Still holding one share of GME just in case
Posted by h0bnail
Member since Sep 2009
7628 posts
Posted on 2/1/21 at 2:23 pm to
Volume low. Tards and autists still diamondhanding.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/1/21 at 2:28 pm to
This all day short ladder at half a cent increments is so annoying
Posted by sonoma8
Member since Oct 2006
8084 posts
Posted on 2/1/21 at 2:29 pm to
Im starting to get aggravated with this shite
Posted by Chuckiee
Member since Jan 2007
2602 posts
Posted on 2/1/21 at 2:38 pm to
I think that is their goal
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
748 posts
Posted on 2/1/21 at 2:42 pm to
quote:

I think that is their goal


Well... its working. If we have a semi-substantial end of day or after hours rally, I'm out. I can't keep waiting for weeks and watching the stock ticker.
Posted by AUCE05
Member since Dec 2009
44925 posts
Posted on 2/1/21 at 2:46 pm to
Wait. There are a ton of investors moving from RH. Could be days before that effect is felt.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/1/21 at 2:47 pm to
Set a limit order

It’s not like this was ever going to be a one day thing anyway. It could last days or weeks
This post was edited on 2/1/21 at 2:51 pm
Posted by slackster
Houston
Member since Mar 2009
91338 posts
Posted on 2/1/21 at 3:06 pm to
quote:


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


GME into SLV was when you had to know things had topped out.

I know there are some legitimate gripes around GME here, but I truly hope all did well.
Posted by busbeepbeep
When will then be now?
Member since Jan 2004
19480 posts
Posted on 2/1/21 at 3:10 pm to
DFV still holding

Posted by Tigersaint09
St Petersburg
Member since Dec 2013
1126 posts
Posted on 2/1/21 at 3:12 pm to
He's crazy
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 2/1/21 at 3:13 pm to
He has banked over 10 million, so he's not completely crazy
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