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re: GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence

Posted on 5/14/24 at 9:04 am to
Posted by GhostOfFreedom
Member since Jan 2021
11839 posts
Posted on 5/14/24 at 9:04 am to
I have a working theory that Devin Nunes calling out and calling for action against "naked shorting" with $DJT has been the biggest contributor to this run up. If we are allowed to get real price discovery, GameStop has been greatly undervalued. Getting it to value then triggers options and forces margin calls and the whole chain reaction we are seeing.

Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73235 posts
Posted on 5/14/24 at 9:05 am to
BOOOOOOOOOOM filled!

LFG!
Posted by GhostOfFreedom
Member since Jan 2021
11839 posts
Posted on 5/14/24 at 9:05 am to
Congrats!
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73235 posts
Posted on 5/14/24 at 9:06 am to
we need this thing to at least get back to 81 like last time.
Posted by GhostOfFreedom
Member since Jan 2021
11839 posts
Posted on 5/14/24 at 9:09 am to
yeah, a lot of people don't realize that GME had the 4 for 1 split. This is actually 4 times more in pre-Split numbers. So, we are currently at $208 and got to $320 before market open.
Posted by DVinBR
Member since Jan 2013
13046 posts
Posted on 5/14/24 at 9:18 am to
oh boy new bag holders

just the old exiting and new ones made
Posted by Lsut81
Member since Jun 2005
80251 posts
Posted on 5/14/24 at 9:18 am to
Congrats to y’all making money.

I went in on AMC last time and made a little money, but hesitant this go round. Seems like the powers in charge will not let it happen again and frick the little man.

Last time was a sneak attack
Posted by Kingpenm3
Xanadu
Member since Aug 2011
8978 posts
Posted on 5/14/24 at 9:26 am to
After we have all seen this before, who in the world was still sitting on shorts of GME? Are this risk takers trying to catch that little squeeze? Or are there so many short shares in some kinds of automated etf's that gme always fits in its algorithm?
Posted by slackster
Houston
Member since Mar 2009
85142 posts
Posted on 5/14/24 at 9:45 am to
quote:

I wish you hadn’t run off at




2021 was a great year for the broad stock market, just not small cap/unprofitable companies.
Posted by slackster
Houston
Member since Mar 2009
85142 posts
Posted on 5/14/24 at 9:48 am to
quote:

Halted right off the bat. Mf'ers.


Those halts are also helping prevent a complete collapse on the downside…
Posted by GhostOfFreedom
Member since Jan 2021
11839 posts
Posted on 5/14/24 at 9:49 am to
quote:

who in the world was still sitting on shorts of GME?


The theory, backed up by SEC documents, is that the big shorters (hedge funds, banks, billionaires) never closed. They covered. They kicked the can down the road.

This "short" "741" video that was released last night can help explain a lot.

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Posted by slackster
Houston
Member since Mar 2009
85142 posts
Posted on 5/14/24 at 9:50 am to
quote:

This is blatant market manipulation. Unreal. . . and nothing will happen to those doing it.




It’s literally math. If the stock moves up or down too much in a small time frame it’s halted. The direction doesn’t matter.
Posted by SmackoverHawg
Member since Oct 2011
27381 posts
Posted on 5/14/24 at 9:51 am to
Let's get this bitch back over $50
Posted by slackster
Houston
Member since Mar 2009
85142 posts
Posted on 5/14/24 at 9:51 am to
quote:

have a working theory that Devin Nunes calling out and calling for action against "naked shorting" with $DJT has been the biggest contributor to this run up. If we are allowed to get real price discovery, GameStop has been greatly undervalued.


Don’t fall for this man. Cmon.
Posted by el Gaucho
He/They
Member since Dec 2010
53129 posts
Posted on 5/14/24 at 9:51 am to
I’m buying zom
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73235 posts
Posted on 5/14/24 at 9:58 am to
quote:

Let's get this bitch back over $50


we are hovering at that now. 49.20

Posted by SmackoverHawg
Member since Oct 2011
27381 posts
Posted on 5/14/24 at 9:58 am to
quote:

Let's get this bitch back over $50


That worked briefly. Now let's get it back over $60 and get the FOMO kicked in.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73235 posts
Posted on 5/14/24 at 9:59 am to
quote:

This is blatant market manipulation. Unreal. . . and nothing will happen to those doing it.


reminds me of the limit ups and downs we have trading futures.
Posted by thadcastle
Member since Dec 2019
2625 posts
Posted on 5/14/24 at 9:59 am to
Well I am about to get fricked. Robinhood won't let me make a trade because of day trader protection. Hoping it will hold on until tomorrow.
Posted by RebelTheBear
Saban's spare bedroom
Member since Aug 2016
5540 posts
Posted on 5/14/24 at 10:00 am to
going up
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