Stock market

14232821:spruitm said:
In GME 18 shares at $50. What a ride today. I think the massive spike will be coming Friday.
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Today was a rush man. I got in at $91 and sold at $135. Also NOK to the moon over the next week
 
14232648:kingsskier said:
Anyone get in on that GME madness this morning?
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Yeah I'm up a couple hundred percent from Friday (One Call & Shares I had prior to the madness Friday/Today). Still have one call that was worth about 10k today at that peak, then watched it drop back down while I was in a meeting and couldn't sell. I think we'll see a lot more volatility tomorrow too on it. Buy the current dip at open or FOMO...

DISCLAIMER: I am not a professional financial analyst and my borderline-mental-disorder trading patterns should not be considered advice.

**This post was edited on Jan 25th 2021 at 6:39:16pm
 
No way, we’re trying to execute a short squeeze with GME, it’s hitting $1000. Just need people to buy and hold

14232934:Charlie_Kelly said:
50 shares of BB and looking to buy more, also 2 19c 1/29 calls. BB is the new GME and NOK is the new BB. Let’s ride boys.
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14232975:spruitm said:
No way, we’re trying to execute a short squeeze with GME, it’s hitting $1000. Just need people to buy and hold
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See you on the moon, brother ?
 
14232648:kingsskier said:
Anyone get in on that GME madness this morning?
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Bought in right at open for $89, checked my phone an hour later to see it at $150 then right back down. Looks like it climbed back up after hours and I’m right about even. WSB folks still full of faith so I’m holding

????
 
14233066:.squirrely. said:
Bought in right at open for $89, checked my phone an hour later to see it at $150 then right back down. Looks like it climbed back up after hours and I’m right about even. WSB folks still full of faith so I’m holding

????
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I honestly have no clue whats going to happen tomorrow. I feel like most of WSB shot their shots today so who knows how much is left in the tank for GME. I'm in on NOK, out on GME I think
 
Any time people start saying "to the moon" and talking about "lambos" you know it's time to get out. People are gonna get wrecked on gamestop just like the whole Tilray fad. Sure it's possible to make bank but man you're gonna be walking on a bubble the entire time.
 
Got into GME, BB, and NOK this morning at opening after temporary selling off my MSFT positions to free up some buying power. Spent the rest of the day shitting bricks watching it all rollercoaster. Looking to sell all of the above in the morning.
 
14233122:Rotten_Trumpkins said:
Any time people start saying "to the moon" and talking about "lambos" you know it's time to get out. People are gonna get wrecked on gamestop just like the whole Tilray fad. Sure it's possible to make bank but man you're gonna be walking on a bubble the entire time.
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I agree, it was definitely a short term play. When institutions have a price target at 30 or less, it will go there when they want it to. Yesterday was a freak short squeeze that triggered a ton of auto-closes and auto-buys. Just like TLRY, it will go back to reality where the big money wants it.
 
Lol at this gamestop meme. I'm sitting here wondering if I should have kept my Illumina shares . Sold my PACB a while ago, should have kept that. Still have my Thermo Fisher.
 
14233268:eheath said:
inb4 the people of wallstreet bets cause a market crash.
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Wallstreetbets is like an insane mini institution when they get on the same page. They are bat shit crazy, but if they band together, there is a lot of money at play and can change things in a big way.
 
Never say no to profit. Wise choice

14233266:Charlie_Kelly said:
Sold mine for a 117% gain. Decided it was time to take some profits and rotate into something else.
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Yea i guess it's just too much inside trading for the SEC to round us all up at once. Commence pump and dumps

?

14233296:kingsskier said:
Wallstreetbets is like an insane mini institution when they get on the same page. They are bat shit crazy, but if they band together, there is a lot of money at play and can change things in a big way.
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14232680:Charlie_Kelly said:
Nope, was seriously considering a couple 90p options but opted out. Would have definitely made some good money but I think I’ll just stay way honestly.
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I hit submit on a short at $150 yesterday and found out when my brokerage account was transferred to Schwab, all my margins and options stuff was taken away and I need to do the paperwork again. Sad day to lose for bad admin.
 
14233474:Charlie_Kelly said:
An actual redistribution of wealth without violent revolution. This is amazing to witness.
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That's kinda what I've been thinking about. Now that people are starting to realize that you can make some cash fucking over greedy hedge fund managers who shorted too much what's going to stop people from doing the same thing for literally any other 100% or above shorted stock?

There seems to be no other reason gme is this high besides the fact that there was too much shorting and a bunch of stupid people taking advantage of it.
 
14233496:Lonely said:
That's kinda what I've been thinking about. Now that people are starting to realize that you can make some cash fucking over greedy hedge fund managers who shorted too much what's going to stop people from doing the same thing for literally any other 100% or above shorted stock?

There seems to be no other reason gme is this high besides the fact that there was too much shorting and a bunch of stupid people taking advantage of it.
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For real, I love how salty they are all getting. Like YOU shorted a stock to 165% and now the common man is making you pay for it (and making people millions in the process). About time this happened.
 
Me after reading more about GME

tenor.gif
 
Funny enough my pops had a dinner with a couple of people and Kramer was there. He said he he's a bigger douche in person. gotta love the energy though.

14233545:zues said:
Me after reading more about GME

tenor.gif
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As it sits, you saved yourself a ton of money right now.

14233390:Dustin. said:
I hit submit on a short at $150 yesterday and found out when my brokerage account was transferred to Schwab, all my margins and options stuff was taken away and I need to do the paperwork again. Sad day to lose for bad admin.
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What happens when all these hedge funds have to liquidate their other positions to pay down all the debt they're in now?

bailouts incoming.
 
the US Government is not bailing out hedge funds. I can promise you that

14233622:T.L. said:
What happens when all these hedge funds have to liquidate their other positions to pay down all the debt they're in now?

bailouts incoming.
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So i just began reading up on this tonight when i finally fucking finished work at 9 PM. I fucking love it. The gamers are fucking over Melvin Capital? The power to the people!

14233530:Charlie_Kelly said:
For real, I love how salty they are all getting. Like YOU shorted a stock to 165% and now the common man is making you pay for it (and making people millions in the process). About time this happened.
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14233631:zues said:
So i just began reading up on this tonight when i finally fucking finished work at 9 PM. I fucking love it. The gamers are fucking over Melvin Capital? The power to the people!
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And Citron. And a bunch of other funds operating as a backstop. Blackrock just came off 1 million shares so we’ll see what happens tomorrow.
 
14233550:kingsskier said:
As it sits, you saved yourself a ton of money right now.
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No I tried to short at $150 on Friday(?) and then it swan dived to $69ish that afternoon. I was just trying to sell at $150 and buy at $69 that day, but I moved to Schwab this summer and couldn't place the trade. Not a big deal, at least I can fix it now.
 
14233670:byubound said:
So guys, do I hop back in GME tomorrow or nah?
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If you want to gamble, gamble on one of the cheaper ones like AMC or something. The money you put into stuff like this should literally mean nothing to you, so if you aren't in that position steer clear because we could get face fucked in minutes when it's like this.

That being said, in the most amazing scenario you could maybe double your money with this craziness. You could also lose almost all of it, honestly that's pretty likely. So if you like craps and are pissed at how much Vegas sucks this year, then ya join us dude.
 
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