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Message
re: So I bought some Gamestop(GME)
Posted on 1/27/21 at 9:31 pm to KamaCausey_LSU
Posted on 1/27/21 at 9:31 pm to KamaCausey_LSU
quote:
VIX (or UVXY).
I’ll be buying vix calls tomorrow
0
Posted on 1/27/21 at 9:33 pm to KamaCausey_LSU
Oh my god WSB is going ballistic right now. The price just went up.
Discord might have been the final nail in the shorts' coffin.
We are on a mission from god, baws.
Discord might have been the final nail in the shorts' coffin.
We are on a mission from god, baws.
This post was edited on 1/27/21 at 9:38 pm
Posted on 1/27/21 at 9:34 pm to TheChosenOne
quote:
No underwriter is touching these stocks right now. They essentially buy the shares and turn around and sell them. No one is taking on that risk with this volatility.
That’s why the apes are banding together to stay strong. I don’t delve in the stock market, but I may start, after seeing this shite show, lol.
Posted on 1/27/21 at 9:36 pm to JohnnyKilroy
APES together strong
Posted on 1/27/21 at 9:39 pm to JohnnyKilroy
Price of what? I’m not seeing anything
Posted on 1/27/21 at 9:39 pm to jimbeam
GME price was around $340/share.
Posted on 1/27/21 at 9:41 pm to 13SaintTiger
Keep bringing the support. LFG.
Posted on 1/27/21 at 9:42 pm to oklahogjr
Went back and read the OP from 12/4/20. Man, if we had only known then what we know now!!! I'd be a bajillionaire.
Posted on 1/27/21 at 9:43 pm to oklahogjr
How ironic that a stock called “GameStop” stopped the Wall Street game on individual investors.
Posted on 1/27/21 at 9:44 pm to JohnnyKilroy
honestly if I'm GameStop I announce a dividend. could you imagine?
I would love to know what their board is thinking right now
I would love to know what their board is thinking right now
This post was edited on 1/27/21 at 9:44 pm
Posted on 1/27/21 at 9:44 pm to jimbeam
quote:
Price of what? I’m not seeing anything
I'm saying that the autists are no longer satisfied with jacking Melvin and Co for a few bucks. After the dirty tactics that have been employed today, especially from discord, they aren't selling. They feel a moral obligation to hold.
shite we have people here, who are not nearly as retarded as WSB, saying they are buying a share tomorrow and holding no matter what because frick wall street.
Posted on 1/27/21 at 9:45 pm to MrJimBeam
We need to get a movement going on every message board that every single person needs to buy at least one share of GME. Tell your mom, your dad, your friends, your next door neighbor, the guy at the grocery checkout line.
It's no longer about the money. It's about being a part of history. This is a mass protest against the corrupt assholes on Wall Street.
It's no longer about the money. It's about being a part of history. This is a mass protest against the corrupt assholes on Wall Street.
Posted on 1/27/21 at 9:48 pm to cgrand
But here's the thing, if those call contracts can't be exercised, they'll either be sold or expire worthless due to not having the capitol to be exercised by the holder. Let's be real... there are alot of retailers who won't be able to afford 100 shares of GME. The call writers (usually hedge funds) could theoretically buy back the call at a reduced price as the option holders scramble to sell on Friday. They could then be exercised by the hedge funds and liquidated Monday dropping the price down tremendously. This could be a way out for them. Am I missing something?
Posted on 1/27/21 at 9:54 pm to biggie
If someone can’t afford a full share of GME, tell them to buy fractional shares. Every. Bit. Counts. Ride to the moon!
Posted on 1/27/21 at 9:58 pm to MrJimBeam
i did my duty and bought one share of GME
Posted on 1/27/21 at 10:01 pm to MrJimBeam
Right, but the calls are for 100 shares... not 1 share. At today's price you're talking about 35k in equity or margin needed for each contract. Multiply that by the number or retailers with a fresh $1,000 robin hood account who picked up some 80 dollar calls today after their account was approved this morning.
Posted on 1/27/21 at 10:02 pm to lsuoilengr
Posted on 1/27/21 at 10:03 pm to jimbeam
You riding?
Posted on 1/27/21 at 10:09 pm to biggie
You are underestimating how many puts are out there by hedge funds. If GME stays above $200 come Friday, this thing is going parabolic until they can fully cover, which will take awhile. If they decide to double down, more retailers will continue to flood the market as well as big institutions who smell the blood. The only thing that can put a lid on the upcoming explosion is the shorts covering, which things will still get ugly, or government intervention
This post was edited on 1/27/21 at 10:12 pm
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