Saw a post regarding how the GME activity was a once in a lifetime thing, and now the volatility is priced in and there is no way that’s gonna happen ever.
They said that 4 years ago. Then it happened. It’s about time we do it again. 80% increase in 2 weeks? I’m going in.
“Hold the line”
Posted by Profitzzzz
23 Comments
It’s time. For the vast majority to lose their money.
Market takes a staircase to the way up but an elevator on the way down.
Less than 5% of the speculators shall corner >70% of the gains.
This is a classic example of a wealth extraction mechanism in play.
Yes time loot the retails again
Good shit to anyone able to get in and out with gains. I’m hoping the apes can recoup some losses. How high will it go? How long will it last? Who knows, but huge pumps often lead to huge dumps. Don’t get caught holding bags. Don’t be the next generation of bag holders. Take profits. Once this volume is gone, you may be stuck. I’m wary to believe that retail can move the stock this much, I imagine other institutional money or hedge funds also piled on to ride.
Oh please. I didn’t join an army. I bought the stock. It’s a fun game. But while I was gloating over that increase, I managed to miss what was going on with SAVE and had to roll out to June to keep the position safe until I’m not upside down there anymore. So … pay attention, this is a business.
Made good money today, traders are pumped. F*** VIX!!!
Roaring Kitty just tweeted AGAIN! 🚀🚀🚀
Are you sure you don’t want to be in WSB ?
Just like last time, most will lose money with GME.
The circumstances this time around are completely different. 2021 was a perfect storm of various forces, namely:
* Short interest was >100%
* Ryan Cohen, who had been successful in the online retail space, took over the board and promised to deliver on an online retail strategy for GameStop
* Michael Burry, legendary “Big Short” trader, took a stake in GME
* We were in the height of Covid, when people had tons of cash and were just chilling at home where they could follow the news and easily start buying in
There was actually a fundamental basis for what happened in 2021. On the other hand, today’s spike in price is all predicated on.. a cryptic tweet from DFV/Roaring Kitty of a dude with a gaming controller leaning forward in a chair. Short interest is high but not anywhere near 100%. Ryan Cohen hasn’t delivered. Nobody notable is invested. Covid is over and retail investors are out and about with much less savings to YOLO
The original short squeeze was what got me into stocks and the gains completely changed the trajectory of my life, so I truly hope it works out for everyone who decides to get involved now. But I’m going to personally stay out of this unless something fundamentally changes
I guess Keith decided he needs a bigger house; I’m sure he’ll appreciate your contribution.
Time…. to buy the top
IV this morning was over 600%.. no fucking way am I touching options on this
Funny to see this stock pumping again. Those that got in at the top a few years ago are trying to jump on the train again thinking they can average down and catch the rocket up. But in reality, they are buying the top again. I feel bad for those that do.
Does nobody here think it’s odd that this stock is up 3x from lows like 6 weeks ago on no news? That doesn’t scream something else is going on here?
Oh god the apes are in every sub now
the priced in shit is just a stupid belief imo
eziest dub on the planet bought 30 strikes expiring this friday netted 200 percent on the trims
Nah. It won’t be like 2021. 2021 was just out of pandemic. The Fed was printing. “hedgies r fuk”. It was a financial/social movement that time. This will be short-lived.
It’s not time.
This is pure dumb money hype and would not be happening if the market wasn’t close to ATH again. The original GME case had at least 5 major, real, underlying market catalysts. This has none.
Issa trap
What are the chances his twitter has been hacked?
Well, why are ya’ll are getting halted….we could use some love on #DJT. 💯😘
Is he fucking kidding, he does this the morning Tda switches me and a million other people to Schwab and deletes all my standing orders?