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re: So I bought some Gamestop(GME)

Posted on 1/28/21 at 5:35 am to
Posted by ThereGoesHerschel
Member since May 2011
882 posts
Posted on 1/28/21 at 5:35 am to
Hasn't there typically been a dip after market opening? I wanna buy some more today but man I'd like that price to come down a bit
Posted by Stiles
Member since Sep 2017
3404 posts
Posted on 1/28/21 at 5:39 am to
CNBC talking heads in their $5k suits right now:


You hate to see it.
Posted by castorinho
13623 posts
Member since Nov 2010
82044 posts
Posted on 1/28/21 at 5:52 am to
But but they're soooo worried about the small guy that will lose his arse on l the way down!
Posted by Hoyt
Alabama: The Beautiful
Member since Aug 2011
5394 posts
Posted on 1/28/21 at 5:55 am to
I like the stock.
Posted by TheChosenOne
Member since Dec 2005
18521 posts
Posted on 1/28/21 at 6:00 am to
The broader pre-market open :popkern:
Posted by MrBobDobalina
BRo.LA
Member since Oct 2011
2993 posts
Posted on 1/28/21 at 6:04 am to






Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 6:05 am to
quote:

Hasn't there typically been a dip after market opening? I wanna buy some more today but man I'd like that price to come down a bit

Yes, typically there is a dip around 10am or so, until about lunch. Typically. Today and tomorrow could get parabolic. Once it pops, $50 or so won't make a bit of difference.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 1/28/21 at 6:14 am to
69.75M shares outstanding. What happens when those are all bought?
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/28/21 at 6:21 am to
quote:

What happens when those are all bought?


Stonks moon
Posted by lesgeaux
Member since Jul 2008
3363 posts
Posted on 1/28/21 at 6:21 am to
At this point, once market opens, Would you put $1000 in GME or NAKD?
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 6:23 am to
quote:

69.75M shares outstanding. What happens when those are all bought?

They are holding out. I posted early that for some of the companies that shorted, it will take them days to buy back all their shorts to cover. Someone with more technical sense is claiming this on reddit, which seems to make sense.

Plus when these shorts start buying back, the price will start to pop. They will have to buy so much, but as of yesterday, the %of float short was still basically the same as the end of DEC

There is still room for this to run. Yesterday some people were saying I was crazy for saying that buying in at the low 200s was still a good buy. Wonder what bs they come up with now
Posted by HardHat
Member since Feb 2014
721 posts
Posted on 1/28/21 at 6:28 am to
This post was edited on 1/28/21 at 6:29 am
Posted by sonoma8
Member since Oct 2006
7668 posts
Posted on 1/28/21 at 6:31 am to
quote:

Yesterday some people were saying I was crazy for saying that buying in at the low 200s was still a good buy.


I wonder who that was Good call brother
Posted by Dawgfan247
Member since Jan 2021
1900 posts
Posted on 1/28/21 at 6:31 am to
WSB is going to bitcoin this fricker and destroy a multi-billion dollar hedge fund and I'm here to witness it
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/28/21 at 6:33 am to
quote:

but as of yesterday, the %of float short was still basically the same as the end of DEC


Nope......it climbed to 230%
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
363 posts
Posted on 1/28/21 at 6:34 am to
This thing will be halted 10+ times today
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 1/28/21 at 6:37 am to
quote:

destroy multi-billion dollar hedge FUNDS
Posted by go ta hell ole miss
Member since Jan 2007
13639 posts
Posted on 1/28/21 at 6:38 am to
quote:

At this point, once market opens, Would you put $1000 in GME or NAKD?


GME for me. I bought five shares twice AH and have made 50% and 97% gains just sleeping through the night.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35389 posts
Posted on 1/28/21 at 6:40 am to
Let’s get this bread homies
Posted by DiamondDog
Louisiana
Member since Nov 2019
10586 posts
Posted on 1/28/21 at 6:41 am to
I don’t know much but they aren’t going to allow Main Street to beat Wall Street for much longer. If this had happened under a Trump administration, I’d be inclined to believe they’ll let the situation play out.

This administration has made it clear it has no issues dabbling in the markets to “correct”.

Again, do what you want, I hope tendies for everybody, but I think some folks get left holding the bag on this.

Do the middle of the pack lemmings know when the cliff is coming?
This post was edited on 1/28/21 at 6:41 am
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