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re: So I bought some Gamestop(GME)

Posted on 1/27/21 at 5:33 am to
Posted by Chalkywhite84
New orleans
Member since Dec 2016
33887 posts
Posted on 1/27/21 at 5:33 am to
"Melvin capital closes out Gamestop position" !

Does that mean that melvin capital doesn't have anymore?

This post was edited on 1/27/21 at 5:44 am
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/27/21 at 5:39 am to
quote:

Melvin capital closes out Gamestop position !


"Only" 4.1M shares traded premarket. How big was their short position?
This post was edited on 1/27/21 at 5:40 am
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1084 posts
Posted on 1/27/21 at 5:41 am to
Said they closed it out yesterday afternoon.
Like others have said this could possibly be a lie to get the attack off.
Posted by southernelite
Houston, TX
Member since Sep 2009
53561 posts
Posted on 1/27/21 at 5:41 am to
They may just have an agreement in place and BlackRock hasn’t delivered shares.
Posted by Chalkywhite84
New orleans
Member since Dec 2016
33887 posts
Posted on 1/27/21 at 5:44 am to
Someone said that in the thread above.

I was asking what it means.
Posted by southernelite
Houston, TX
Member since Sep 2009
53561 posts
Posted on 1/27/21 at 5:49 am to
Also if Melvin closed, they obviously see this going higher.
Posted by SCUBAislander
Member since Feb 2007
2846 posts
Posted on 1/27/21 at 5:50 am to
We still ridin boys?
Posted by Smoke7024
Member since Jun 2010
23969 posts
Posted on 1/27/21 at 5:51 am to
I’m riding with my almost two shares.
Posted by GalvoAg
Galveston TX
Member since Apr 2012
11224 posts
Posted on 1/27/21 at 5:52 am to
Got 15 yesterday at $85, I’m still riding
Posted by castorinho
13623 posts
Member since Nov 2010
86562 posts
Posted on 1/27/21 at 5:54 am to
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/27/21 at 5:55 am to
40 on Monday, another 50 yesterday. Not jumping off.
Posted by Smoke7024
Member since Jun 2010
23969 posts
Posted on 1/27/21 at 5:56 am to
Premarket hit about tree fiddy and now dropping like a rock. I have no idea what that means.
Posted by southernelite
Houston, TX
Member since Sep 2009
53561 posts
Posted on 1/27/21 at 5:57 am to
365>190 in a hour. Ouch
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/27/21 at 5:58 am to
game stop died???
Posted by rintintin
Life is Life
Member since Nov 2008
16971 posts
Posted on 1/27/21 at 5:59 am to
The interesting thing is, for all the squawking from talking heads how this should be investigated and could be market manipulation hlah blah, if Melvin didn't really Exit their position yet is spreading that information, well that is definitely market manipulation.

The dude on CNBC said he "just got off the phone with the head of that firm".
This post was edited on 1/27/21 at 6:01 am
Posted by biggie
Member since May 2013
90 posts
Posted on 1/27/21 at 6:02 am to
Still riding. No way the squeeze is over. There hasn’t been enough volume after hours and pre market. It’s just another trick in their bag.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/27/21 at 6:03 am to
back up top 230 range
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 1/27/21 at 6:05 am to
I feel like the hedge funds have to be strategizing with the SEC on how to stop all of these plays whether it be extended trading halts, charging some WSB’ers, etc. The SEC is in it for the big boys not us. That’s why I haven’t touched this to date, unfortunately....
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/27/21 at 6:06 am to
Don't sell just yet, they are trying to paper hand us. Same type of market manipulation bullshite they've been doing all week.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/27/21 at 6:07 am to
quote:

back up top 230 range


over 260 now. this is insane
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