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BB is sizzling today. |
CCIV popping after hours |
sens went to the moon.. I sold on the dip this morning.. RIP Crying in regratsFeelsBadMan |
GME halted at 69%, lmfao. |
Gamestop making history lol. Truly got lucky here, got in at $17 and change. |
WSB redditors trolling the entire stock market. |
bought bb at 9.45 and it started popping off the very next day.. |
^ you're lucky. I had BB since 2019 and had to wait ... it went from one of my worst performing ones to one of the best. |
up 20k today |
market is going ham. Anybody else's non investing friend making double to triple digit gains without knowing anything about market? So much money flowing in the small caps This can't end good…. |
EV sector is going to go up now that Biden is in the house! |
Debating on starting a new account strictly for WSB trades. Getting trolled with Game stop.:pokerface: |
Anyone holding GEVO? Im up almost 100k on it in January lol |
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1. IM A MILLIONARE! 2. I just lost all 80% of my life savings.... |
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Bought some BB earlier in the week when it started trending on WSB, already up 25%. Sold some GME at $16 for some other short term plays. Wasn't anticipating Ryan Cohen to end up on the board so fast with two former Chewy execs. Ended up buying back at a bit over double the price. Kappa WSB is options heavy, but I think as long as you buy shares, the downside is quite minimal. |
The fomo on GME is real, tempted to buy shares on Monday.. |
Yikes i know people are joking but when i was brand new into stock's i would place my bet "all in one" just cause of good news ahead of the curve, now that's a risk and a stupid one looking back. |
Short squeeze is a pump and dump game, you need a greater fool to buy your bags to exit. GME is going to make many new millionaire and also bankrupt many lol. Getting in now is trying to time the top. The drop will be spectacular when people realize nobody actually want their GME share at insane price and all the pumper on WSB that tell you to keep buying! Just hodl. Buy more we going to hit $1000!!! They exited when the herd is bidding the share up in a frenzy and there is no one to take you bags when you want to exit lol. |
The whole play behind GME is to get institutional shorts to cover or be margin called. That huge spike on Friday from 55 to 75 was supposedly one margin call, so imagine what would happen if an even larger margin call was to happen or a hedge fund decides to call it quits? Shorts already lost 800 million on Wednesday when the price was $40, so I can't imagine how much they're losing now that the price has rocketed to $60+ with rising borrow rates. Short interest is still over 100%. My take on the situation:
With every call expiring ITM on Friday, we're already seeing a nice wealth transfer from institutions to retail investors. This is pretty historic IMO. |
GME hits $136 premarket, and hovering at $110 right now. The squeeze has still not happened. |
BB shot up again ... going parabolic. When is it time to get off the roller coaster? |
that's a good question... maybe it's a good time to think about warren buffets advice about being fearful when others are greedy? i'm still hanging on for now but don't want to ride it out for too long |
^ took the conservative approach, sold half, take the gains and see what happens. |
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Kappa |
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