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re: So I bought some Gamestop(GME)

Posted on 1/27/21 at 6:08 am to
Posted by biggie
Member since May 2013
90 posts
Posted on 1/27/21 at 6:08 am to
Well that dip was bought up by the 6am openers. Wonder what else they will throw at us today.
Posted by southernelite
Houston, TX
Member since Sep 2009
53561 posts
Posted on 1/27/21 at 6:20 am to
This is going to be an insane day.
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/27/21 at 6:26 am to
These heads on CNBC can't even speak coherently. They are mumbling and fumbling. Flustered and lying their asses off.
Posted by Stiles
Member since Sep 2017
3454 posts
Posted on 1/27/21 at 6:26 am to
Fly, Retards, fly!

Wave to me from the moon.
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/27/21 at 6:40 am to
CNBC deleted the Melvin article apparently.

Edit: Looks to still be up to me.
This post was edited on 1/27/21 at 6:43 am
Posted by HurricaneDunc
Houston
Member since Nov 2008
10472 posts
Posted on 1/27/21 at 6:48 am to
With the short interest so high, how do these positions ever close? As long as buying interest is high, price goes higher no?
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/27/21 at 6:49 am to
Fairly low volume
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/27/21 at 6:58 am to
Hope gme continues to go up
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/27/21 at 7:03 am to
quote:

With the short interest so high, how do these positions ever close? As long as buying interest is high, price goes higher no?

LINK

It gets very violent for the shorts once their hand is forced. I thought $1k was a meme at first but is definitely very much a reality, but whats crazy is it still has room to run past that.
Posted by southernelite
Houston, TX
Member since Sep 2009
53561 posts
Posted on 1/27/21 at 7:05 am to
quote:

thought $1k was a meme at first but is definitely very much a reality, but whats crazy is it still has room to run past that.


I’ll see what happened today and possibly Thursday. Probably just under $900 is where I’ll sell if it squeezes up there. The amount of people bailing at $1k on the dot will cause a dip, IMO
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/27/21 at 7:05 am to
reddit just crashed. odd timing
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12250 posts
Posted on 1/27/21 at 7:07 am to
r/gonewild ain’t crashed
Posted by Napoleon
Kenna
Member since Dec 2007
73222 posts
Posted on 1/27/21 at 7:13 am to
Depends what the margin maintenance is. It's really high on highly volitale stocks and I've never seen one more volitale than this in recent years.
Posted by cgrand
HAMMOND
Member since Oct 2009
46667 posts
Posted on 1/27/21 at 7:14 am to
Melvin long positions before this week



undoubtedly they’ve had to liquidate some of these, PINS most likely.
12MM shares is equal to the entire daily volume on PINS
Posted by Napoleon
Kenna
Member since Dec 2007
73222 posts
Posted on 1/27/21 at 7:20 am to
Damn I was just playing around with my Robin Hood. I have margin money, but none available for GME. At least they do instant transfers. Saving up to buy daughter a car. About to put all that on black, I mean GME. It goes up she gets a better car. I lose it.... well she can have my truck then. Lol
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/27/21 at 7:22 am to
Hope game shoots to the moon at open
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9877 posts
Posted on 1/27/21 at 7:28 am to
You buying more?
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/27/21 at 7:35 am to
Here is some updated short info:

LINK
Posted by PierPunk
#BugaNation
Member since Apr 2013
3317 posts
Posted on 1/27/21 at 7:36 am to
let's go boyssss I was so excited the second I woke up this morning
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40291 posts
Posted on 1/27/21 at 7:39 am to
Good morning folks. Lets get this bread
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