Anonymous
Post 01/28/2021 10:02     Subject: Gamestop
Anonymous wrote:Market needs to return to normalcy. These meme stocks are garbage


“normal” for rich lax bros
Anonymous
Post 01/28/2021 09:29     Subject: Gamestop
Anonymous wrote:Market needs to return to normalcy. These meme stocks are garbage


They are garbage. But the people betting on them are following the rules. Forcing them down is going to cause a lot of people to lose their shirts. They are killing small money innorder to save them from themselves.
Anonymous
Post 01/28/2021 09:28     Subject: Gamestop
Anonymous wrote:Market needs to return to normalcy. These meme stocks are garbage


this short squeeze is a normal market function.
Anonymous
Post 01/28/2021 09:24     Subject: Gamestop
Market needs to return to normalcy. These meme stocks are garbage
Anonymous
Post 01/28/2021 09:22     Subject: Gamestop
Anonymous wrote:
Anonymous wrote:Robinhood banned the meme stonks feel bad for the bro who bought at 500


Wait they can’t sell their positions??


They can only sell.

This is really messed up. They're screwing over retail to save the hedge funds ass.
Anonymous
Post 01/28/2021 09:19     Subject: Gamestop
Anonymous wrote:Robinhood banned the meme stonks feel bad for the bro who bought at 500


Wait they can’t sell their positions??
Anonymous
Post 01/28/2021 09:11     Subject: Gamestop
the shorts will still be on the hook when its unbanned. very low chance this has the intended effect.
Anonymous
Post 01/28/2021 09:10     Subject: Gamestop
Robinhood banned the meme stonks feel bad for the bro who bought at 500
Anonymous
Post 01/28/2021 07:46     Subject: Re:Gamestop
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I'm a novice and don't plan to get involved, but I think I'm understanding the story .... Won't some of the reddit folks lose their shirts when the value corrects? Or is that bet that, if enough of them agree to stay in (not cash out), then the value stays up? That's the part I'm not following.


Yes, now you see the idiocy in this entire thread.


No. This is a very sophomoric explanation.

Hedge fund a-holes shorted the stock ... they only make money if it goes down and they expect it to go down. They “promise” to buy it, they plan to buy it low.

The Reddit geeks bought the stock and drove up the stock. The hedge fund a-holes had to buy high, geeks sold off to hedge fund a-holes.


So the Reddit geeks also sold? I thought they were holding? Ugh, I wish I wasn’t dumb.


I may be the only one on here that bought GME before the hype. $16 per share on Dec 22nd and other adds that were low. It was a turnaround story that was well underway last year. The stock started to respond in August and went up and down in Sept/Oct. Hedge funds continued to "press their bet" that GME would go bankrupt. As bad as things got bankruptcy was pretty far from happening if they could right size operations. Add in a well known activist billionaire investor who later displaced board members with his own pro's and this was setup to go up. The short covering is ongoing and isnt even close to ending. Some of the shorting of the stock at lofty levels makes sense but all of the shorts below even 100 are in jeopardy of getting wiped out. Reddit helped we all posted messages but half that group owned other stocks or barely any shares. Every one of them proclaimed they would hold to 1000. CNBC and the news networks saying these reddit investors manipulated is completely false. Short sellers and market makers have colluded this week to keep from getting trucked by the unlimited losses. Why didnt they just throw in the towel and take the loss last year the stock was already moving up?? they had too much ego and greed now its time to pay up. Nobody on this board thinks 1000 is possible but stay tuned this short covering is ongoing and far from over. I've sold some, I still own some I regret what I sold I am also looking to buy more now. I've made approx 4M on my sold shares. I shouldnt have sold but that is not easy to do when 7 figures is staring at you.

Of all the company's in this shorting vortex this week KOSS,EXPR,AMC, probably 5 -10 others GME at least had a turnaround plan that was in the making to drive their profits. They will survive and profit they may even hold a stock price over 50 when the dust settles. Friday and Monday are a few days this could really start to rocket with month end and options expiration.


Stop pumping this dog .. .
Anonymous
Post 01/28/2021 07:45     Subject: Gamestop
485 pre market.
Anonymous
Post 01/28/2021 07:45     Subject: Gamestop
Anonymous wrote:I still don’t get how robinhooders with 3k life savings can keep this stock price moving. There have to be some major players here playing on their side as well . Well the strategy works until it doesn’t I guess when stocks don’t trade on fundamentals


Well, sure, big players are getting in. But, what’s driving the price up is the shorters themselves who now have to buy the stock at whatever the price to cover their losses. So, that is the “squeeze.” There is still massive short float. The squeeze ain’t done squozing.
Anonymous
Post 01/28/2021 07:43     Subject: Gamestop
Anonymous wrote:
Anonymous wrote:This will be a historical revisitation of the Dutch tulip mania. YOLO or bust I say


This is nothing like that. People buying GME know the stock isn't worth this. They're buying it to create a short squeeze and make the shorts buy their shares from them for astronomically inflated prices.


Some of them are, some are just idiots caught up in the mania.
Anonymous
Post 01/28/2021 07:06     Subject: Gamestop
Anonymous wrote:This will be a historical revisitation of the Dutch tulip mania. YOLO or bust I say


This is nothing like that. People buying GME know the stock isn't worth this. They're buying it to create a short squeeze and make the shorts buy their shares from them for astronomically inflated prices.
Anonymous
Post 01/28/2021 06:53     Subject: Gamestop
This will be a historical revisitation of the Dutch tulip mania. YOLO or bust I say
Anonymous
Post 01/28/2021 06:49     Subject: Gamestop
Anonymous wrote:I still don’t get how robinhooders with 3k life savings can keep this stock price moving. There have to be some major players here playing on their side as well . Well the strategy works until it doesn’t I guess when stocks don’t trade on fundamentals


Because there are poor idiots on Robinhood?