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GME has taken off. $40 this morning, $91 at close
Posted on 2/24/21 at 4:15 pm
Posted on 2/24/21 at 4:15 pm
hit $171 in after market, but last check had settled in around $156. The squeeze still on???
https://finance.yahoo.com/quote/GME?p=GME
DFV bought 2 million dollars worth (I think?) just after the Senate hearing. Basically, doubling down.
https://finance.yahoo.com/quote/GME?p=GME
DFV bought 2 million dollars worth (I think?) just after the Senate hearing. Basically, doubling down.
6
Posted on 2/24/21 at 4:18 pm to GhostOfFreedom
Gonna be a lot of weary people this time around. A lot of people lost their asses.
Posted on 2/24/21 at 4:19 pm to GhostOfFreedom
AMC making a move as well. up 30%
Posted on 2/24/21 at 4:20 pm to GhostOfFreedom
Wrong board, but It's noteworthy.
Posted on 2/24/21 at 4:20 pm to GhostOfFreedom
It takes skill to troll the stock market. I now realize I’m only a rank amateur in the trolling game.
Damn my lack of autism.
Damn my lack of autism.
Posted on 2/24/21 at 4:22 pm to PsychTiger
Pump and dump brah!
I remember a drone stock that advertised here that did it....
I remember a drone stock that advertised here that did it....
Posted on 2/24/21 at 4:25 pm to GhostOfFreedom
Haha dang!!
Posted on 2/24/21 at 4:33 pm to flyAU
quote:
A lot of people lost their asses.
I have no sympathy for them, not when you consider the number of people these hedge funds have financially injured.
Posted on 2/24/21 at 4:35 pm to dakarx
pretty sure he's talking about retailers losing their asses
Posted on 2/24/21 at 4:50 pm to dakarx
quote:
I have no sympathy for them, not when you consider the number of people these hedge funds have financially injured.
The main benefactors of the gamma squeeze were institutions. IE hedge funds. Yes, several blew up. But more made an absolute killing.
WallStreetBets think they move markets. They don't have enough money. People are playing a game that they don't understand. But they did kick start a momentum algorithm field day.
The media is not telling the complete story because they either don't understand it or they don't care.
Posted on 2/24/21 at 4:52 pm to GhostOfFreedom
While it was fun watching some hedge funds lose their shite, GME has no fundamental business model that makes it worth $91 a share. Period.
Day trade if you want.
At the end of the day, putting a hedge fund out of business is great, but people are going to lose money with GME unless it has some form of miraculous turnaround soon. Even then, it might be worth $25 instead of $21.
Day trade if you want.
At the end of the day, putting a hedge fund out of business is great, but people are going to lose money with GME unless it has some form of miraculous turnaround soon. Even then, it might be worth $25 instead of $21.
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