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Who would have guessed that GME was the best stock to hedge market with?
Posted on 3/5/21 at 9:39 am
Posted on 3/5/21 at 9:39 am
This post was edited on 3/5/21 at 9:44 am
Posted on 3/5/21 at 11:13 am to GeneralLee
$GABC
Outside of a Jan board decision to initiate stock buy back program...I've been shocked.
Outside of a Jan board decision to initiate stock buy back program...I've been shocked.
Posted on 3/5/21 at 12:03 pm to GeneralLee
Take a look at GME today compared to literally every other stock. Charts are exact opposites. I’m interested to know how much of this correction is a direct result of Reddit vs. Wall Street
eta: Its insane. The last 10 minutes, the entire market shifted down, GME shifted up.
eta: Its insane. The last 10 minutes, the entire market shifted down, GME shifted up.
This post was edited on 3/5/21 at 12:13 pm
Posted on 3/5/21 at 4:03 pm to CecilShortsHisPants
I read a blog talking about how GME has an indirect effect on the entire market due to background forces keeping the true squeeze from happening. So many shorts have still failed to deliver.
Posted on 3/6/21 at 7:59 am to LSUStjames
quote:Truth! Go back and look at the interest rate and changes on GME before the 1/28 spike. Then look at the current AMC rates, and the history.
So many shorts have still failed to deliver.
LINK
Posted on 3/7/21 at 11:45 am to greygoose
quote:
Truth! Go back and look at the interest rate and changes on GME before the 1/28 spike. Then look at the current AMC rates, and the history.
Can you translate this a bit for me? Are you saying that AMC is positioned even better than GME for a big spike as these interest rates increase? Basically are you saying the outlook for AMC is still strong and positive?
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