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re: So I bought some Gamestop(GME)

Posted on 1/27/21 at 4:53 am to
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32740 posts
Posted on 1/27/21 at 4:53 am to
Likely insurance is involved as well
Posted by Chalkywhite84
New orleans
Member since Dec 2016
33887 posts
Posted on 1/27/21 at 5:02 am to
Should i buy now

I know basically nothing about investing. I just started hearing about this shite
This post was edited on 1/27/21 at 5:03 am
Posted by biggie
Member since May 2013
90 posts
Posted on 1/27/21 at 5:03 am to
I think retail holds at open.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/27/21 at 5:04 am to
quote:

Should i buy now


I would say it's too late (I know a little about investing) and am in the same boat as you. missed it
This post was edited on 1/27/21 at 5:06 am
Posted by GAFF
Georgia
Member since Aug 2010
2708 posts
Posted on 1/27/21 at 5:04 am to
24 shares at $225. frick it I’m holding and might buy more today if it dips.
Posted by biggie
Member since May 2013
90 posts
Posted on 1/27/21 at 5:06 am to
If you’re not experienced, I’d seriously hold off at this point. It’s FOMO. No one knows the peak, but when it comes down, it’ll come down hard.
Posted by Chalkywhite84
New orleans
Member since Dec 2016
33887 posts
Posted on 1/27/21 at 5:09 am to
I was reading about it on twitter.

Guy was saying the company(gfk)who does robinhood's stock was also making a shite load of money off this gme shite.
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1084 posts
Posted on 1/27/21 at 5:11 am to
Melvin capital closes out Gamestop position !
Posted by biggie
Member since May 2013
90 posts
Posted on 1/27/21 at 5:12 am to
And so it begins.
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/27/21 at 5:15 am to
Fake news? Does the volume indicate that?
This post was edited on 1/27/21 at 5:15 am
Posted by ThereGoesHerschel
Member since May 2011
882 posts
Posted on 1/27/21 at 5:15 am to
quote:

Melvin capital closes out Gamestop position !


What does this mean
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1084 posts
Posted on 1/27/21 at 5:15 am to
Was on CNBC a couple of minutes ago

Melvin Capital was who they were at war with that was shorting the stock. Unless they had more but I believe that was the main target.
This post was edited on 1/27/21 at 5:17 am
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/27/21 at 5:18 am to
I know that, but not trusting CNBC.
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/27/21 at 5:18 am to
quote:

Was on CNBC a couple of minutes ago

That don't mean its true.

But either way, I don't think the squeeze has happened but we gonna have another gamma squeeze like what happened last Fri. If it continues upward, all the options that expire Fri will be in the money, AGAIN!
Posted by biggie
Member since May 2013
90 posts
Posted on 1/27/21 at 5:21 am to
CNBC said they closed out their position “yesterday afternoon”. I don’t believe that’s the case.
Posted by LSUShock
Kansas
Member since Jun 2014
5558 posts
Posted on 1/27/21 at 5:23 am to
quote:

If you’re not experienced, I’d seriously hold off at this point. It’s FOMO. No one knows the peak, but when it comes down, it’ll come down hard.


I’ve been following this for the last week here and r/wsb. What a ride to watch from the cheap seats. That said, I’m here as much for this reality you mention as I am the run up.
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/27/21 at 5:23 am to
Just trying to shake people out. If you watched them all week it looked like they were at a funeral. This isn’t good for business
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/27/21 at 5:26 am to
quote:

Just trying to shake people out.


Got some really smart people on reddit and some are denying CNBCs stance by saying that they never saw the volume chunk buys to show he closed it.
Posted by Dawgfanman
Member since Jun 2015
25886 posts
Posted on 1/27/21 at 5:31 am to
CNBC is so full of shite..

Muh efficient market
Muh needs regulation
Muh this is crazy

Oh it isn’t crazy that billionaires have been making bank shorting it...it’s only crazy when normal people bet against them and win
Posted by LSUShock
Kansas
Member since Jun 2014
5558 posts
Posted on 1/27/21 at 5:32 am to
r/wsb GME Endgame Post

Read through this and try not to LOL at FAQ #7. I woke my wife up laying in bed reading this shite.
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