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re: So I bought some Gamestop(GME)
Posted on 1/26/21 at 4:59 pm to Chucktown_Badger
Posted on 1/26/21 at 4:59 pm to Chucktown_Badger
quote:
there are going to be a lot of people who miss the timing of that and are left with insane losses themselves
basically. this is a once in a lifetime type of event, imo
2
Posted on 1/26/21 at 5:00 pm to castorinho
They only have an authorization for 100m right now.
Posted on 1/26/21 at 5:03 pm to rocket31
Remember Tilray.
Posted on 1/26/21 at 5:03 pm to Stiles
quote:
And if this truly is a “frick you” to wall street
Well it’s certainly not based on fundamentals. I’ve actually been in the dark lately and just picked up on this stock just now. Like it’s based on some guys pumping it on a Reddit board? Sounds real sustainable.
Posted on 1/26/21 at 5:03 pm to rocket31
Sell when DFV sells
Posted on 1/26/21 at 5:04 pm to Chucktown_Badger
quote:
I was just looking at naked puts a few months out in the $20 range, and after doing a bit of research I don't feel like I have enough knowledge to pull the trigger. There are a few terms like "unlimited downside potential" that made me pause
As well it should have. Naked puts are not something to be taken lightly. Things may have changed since I last was heavy into options, but you usually have to be approved by your broker to trade them and only up to a certain amount based on your portfolio. Basically, like a line of credit from your broker.
Posted on 1/26/21 at 5:05 pm to 13SaintTiger
quote:
Sell when DFV sells
Hope he sends some kinda signal before he does.
Posted on 1/26/21 at 5:06 pm to TulaneLSU
quote:Clearly you do not have any knowledge on this, but your saying definitely applies to the shorters and not us buying and holding GME. Why continue to short the stock when it was down to $4? yours truly.
One wonders if Robin of the Hood has turned into the Sheriff of Nottingham in a matter of days. Don't they say, "Pigs get slaughtered"? I sense a feeding trough is close to running dry and the bill is coming due soon.
This post was edited on 1/26/21 at 5:07 pm
Posted on 1/26/21 at 5:07 pm to TigeRoots
I made an after hours trade, bought at 205 and put a sell in for 248(my thinking was they would have a lot of pressure at 250), and it went fast and perfectly. Don’t usually work that well. My son said, what are so happy about? Made my day!
Posted on 1/26/21 at 5:07 pm to Huge Richard
quote:It actually clearly is based on fundamentals. And yes we can tell you are still in the dark.
Well it’s certainly not based on fundamentals.
Posted on 1/26/21 at 5:08 pm to KickPuncher
At $200+, would you rather buy or short it?
Posted on 1/26/21 at 5:11 pm to KickPuncher
quote:
fundamentals
This word doesn't mean what you think it does
Posted on 1/26/21 at 5:12 pm to Huge Richard
It’s amazing to me that we’re in this situation because of too much shorting and all the mainstream analysis centers around how gme needs to be shorted at this level. By all means keep putting yourselves in a vice grip.
Posted on 1/26/21 at 5:13 pm to JohnnyKilroy
quote:I'm guessing that's dollars, not shares?
They only have an authorization for 100m right now.
Because if it's shares, that's more than shares outstanding right now
Posted on 1/26/21 at 5:13 pm to castorinho
It’s dollars.
Posted on 1/26/21 at 5:15 pm to xxTIMMYxx
Not related, but I've been killing it on in and out of the money Macy's calls. The contracts are really cheap so you can get a lot. I see people talking about getting into options. I like staying with F (Ford) as it's the cheapest. (Plus you can condor them at times too)
But look into Macy's. It's been really steady profits every contract I've bought since November strikes.
This post was edited on 1/26/21 at 5:22 pm
Posted on 1/26/21 at 5:16 pm to MusclesofBrussels
quote:Explain it to me then genius when the fundamentals says that 140% of the float was shorted at end of DEC. What is that supposed to mean? Is public float not part of the fundamentals now? The numbers show that this is going to happen. When, no one knows, but it will have to happen and that is now a fact given to how it is playing out. But tell me how none of this has anything to do with the fundamental.
This word doesn't mean what you think it does
Posted on 1/26/21 at 5:19 pm to Napoleon
So Friday is the day?
Posted on 1/26/21 at 5:20 pm to rintintin
quote:if you don't panic and sell after a 10% skid.
So Friday is the day?
Posted on 1/26/21 at 5:21 pm to Huge Richard
quote:
Well it’s certainly not based on fundamentals. I’ve actually been in the dark lately and just picked up on this stock just now. Like it’s based on some guys pumping it on a Reddit board? Sounds real sustainable.
Like some other posters have already goofed on your post, you need to catch up on what’s going on.
On the bright side for the WSB/YOLOers, if ‘regular people’ like Huge Richard are just catching on, and decide if they want in, UD may be right that this thing will fly to $1k. ( my laugh of the day was his “you $159ers, we coming to pick you up.” )
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