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re: So I bought some Gamestop(GME)

Posted on 1/13/21 at 11:12 am to
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30528 posts
Posted on 1/13/21 at 11:12 am to
Thanks for the congrats from everybody. Feels good when your DD works our
Posted by Ping Pong
LSU and UVA alum
Member since Aug 2014
5346 posts
Posted on 1/13/21 at 11:38 am to
some idiot on CNBC last week was harping on how he shorted GME.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30528 posts
Posted on 1/13/21 at 11:50 am to
Him and everybody else. People continually short during short squeezes and it fuels it higher. See Overstock 6M chart
Posted by Triple Bogey
19th Green
Member since May 2017
5973 posts
Posted on 1/13/21 at 11:59 am to
quote:

Upperdecker


I've been in since $13 off of Wallstreetbets DD posted all over the place there. Also, have 7/16 25$ calls I'm holding. Today has been a good day. The short squeeze is on.
Posted by volfan30
Member since Jun 2010
40948 posts
Posted on 1/13/21 at 12:09 pm to
Thank you OP. Saw this thread and read extensively and got in at $18.94.

What are we thinking going forward? I was in PLUG at $12 a couple months ago and sold all of it when it got to $25 and that is still irking me.
Posted by Triple Bogey
19th Green
Member since May 2017
5973 posts
Posted on 1/13/21 at 12:12 pm to
According to the guys on wsb, Melvin Capital has millions of dollars worth of puts that will expire worthless on Friday. If that's the case the squeeze will only become more violent.
This post was edited on 1/13/21 at 12:14 pm
Posted by el Gaucho
He/They
Member since Dec 2010
52894 posts
Posted on 1/13/21 at 12:28 pm to
I’m the og gme baw round here
Posted by MrJimBeam
Member since Apr 2009
12236 posts
Posted on 1/13/21 at 12:34 pm to
quote:

I’m the og gme baw round here



Hence the first reply to this thread
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30528 posts
Posted on 1/13/21 at 12:39 pm to
What’s your Og entry price?
Posted by el Gaucho
He/They
Member since Dec 2010
52894 posts
Posted on 1/13/21 at 12:40 pm to
Around 8
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30528 posts
Posted on 1/13/21 at 12:42 pm to
Ah I’m 4.50
Posted by volfan30
Member since Jun 2010
40948 posts
Posted on 1/13/21 at 12:45 pm to


Any plans on profit taking any time soon?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30528 posts
Posted on 1/13/21 at 12:53 pm to
I took profit on some of my calls. Holding some for possibility of afternoon run or morning gap up. Holding shares for now, I still think this will squeeze further. These things can last weeks
Posted by el Gaucho
He/They
Member since Dec 2010
52894 posts
Posted on 1/13/21 at 1:08 pm to
It’s up again

Man idk lol I have a number I wanna hit soon in my account got an itchy finger on this one but it may hit 40 tomorrow
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30528 posts
Posted on 1/13/21 at 1:21 pm to
I agree, I have a number too. Nearly hit it earlier, if we had hit $40 I would have hit it for sure. I feel pretty confident in a second leg soon or a gap up tomorrow. Margin calls are hitting retail shorts and institutional shorts are under water, plus retail will likely anticipate a further run and bid it up in PM

IBorrow is a platform for shorting, it stopped updating for GME 2 hours ago, which it only does when there’s no shorts available. Which means there’s a ton of room to run here
This post was edited on 1/13/21 at 1:26 pm
Posted by Triple Bogey
19th Green
Member since May 2017
5973 posts
Posted on 1/13/21 at 3:05 pm to
quote:

IBorrow is a platform for shorting, it stopped updating for GME 2 hours ago, which it only does when there’s no shorts available. Which means there’s a ton of room to run here


Lets go!
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30528 posts
Posted on 1/13/21 at 3:07 pm to
Hoping for a gap up or quick burst rise in the morning from margin calls on retail shorts
Posted by cgrand
HAMMOND
Member since Oct 2009
38615 posts
Posted on 1/13/21 at 3:14 pm to
this was an incredible call by you...you made your case, presented the research and held firm.

congrats dude
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30528 posts
Posted on 1/13/21 at 4:08 pm to
Not done yet either
Posted by TulaneLSU
Member since Aug 2003
Member since Dec 2007
13298 posts
Posted on 1/13/21 at 4:22 pm to
Friend,

Amazing! I wish I had read your December post before today. What a blessing for you and your family and your church! Well done, good sir!

Yours,
TulaneLSU
This post was edited on 1/13/21 at 4:23 pm
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