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bcedhk 01-25-2021 08:28 AM
I think BB will stablize soon after all the selling from long time holders and those who are leaving after that first initial spike.

I can see WSB working their magic and sending BB to the moon by end of this week.

unit 01-25-2021 08:38 AM
Quote:
Originally Posted by whitev70r (Post 9015378)
^ took the conservative approach, sold half, take the gains and see what happens.
i might do a similar thing if it goes up a fair bit tomorrow.

Hondaracer 01-25-2021 10:27 AM
Lol fucking meme market

68style 01-25-2021 06:11 PM
Lottery makes more sense than the market these days

Razor Ramon HG 01-25-2021 07:16 PM
BB partnered with Baidu. Going to $30 by EOW?

https://www.prnewswire.com/news-rele...301211498.html

ilovebacon 01-25-2021 07:47 PM
Quote:
Originally Posted by Razor Ramon HG (Post 9015336)
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:
  • Price of GME will continue to go up as people buy shares and calls
  • People buying OTM calls will continue to force gamma squeezes
  • Shorts will cover or get margin called here and there
  • Rinse and repeat until some major event happens

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.
why are so many people interested in GME?

Razor Ramon HG 01-25-2021 08:58 PM
A lot of different reasons.

Some people think it's undervalued, some people believe in Ryan Cohen, some people are in it for the short squeeze, some people are just riding the memes, etc.

The reddit post below sums out how unique this whole situation is.

https://www.reddit.com/r/investing/c...nking/gkpfe8b/

Quote:
GME is a perfect fucking storm of circumstances that we may never see again.
  • Insanely high short interest.
  • Big names with great track record brought in to right the ship.
  • During an era of 100% democratized trading, commissions free, with a few mouse clicks and button presses.
  • A stock that was undervalued by most metrics and was only trading as low as it was because bankruptcy was priced in.
  • All meeting at the dawn of a new console cycle.
  • In a booming and growing industry where at least in the US they are basically the only brick and mortar game in town.

All this to say if you think you're going to find GME plays with any regularity going forward you are insane. They're going to write about this one in the history books right next to VW. Even if Cohen can't pivot this company.

Mr.Money 01-25-2021 09:21 PM
wasn't black berry rated one of the most secure operating systems or am i just making shit up?.


possibly someone leaked out information there gonna try battle it out in the smart phone world?

cause i swear all i hear is bitching about $2,000 dollars for a cellphone "is too much" lol and maybe blackberry wants a piece of action for 2021 on lower level headed pricing on product pricing. against the big dogs everyone is starting to hate without the chargers included in the box Nickle & diming

Jonydakiller 01-25-2021 10:15 PM
Anyone else got into BB?
Sold my weedstocks and moved profits and then some to BB today.
WSB got a lot of hype going on for BB.
First time trading based off mostly hype, it's like playing crypto almost.
Held BB back then when AMD was only $13 bucks LOL.
All I remembered BBRY (old ticker) did not want to move at all, nice to see BB getting the exposure it deserves. John Chen did a good job turning the company around.
PAY BACK TIME MFs :)

ilovebacon 01-25-2021 10:22 PM

LOL. So this is what's happening. How interesting.

Razor Ramon HG 01-25-2021 10:43 PM
Quote:
Originally Posted by Jonydakiller (Post 9015535)
Anyone else got into BB?
Sold my weedstocks and moved profits and then some to BB today.
WSB got a lot of hype going on for BB.
First time trading based off mostly hype, it's like playing crypto almost.
Held BB back then when AMD was only $13 bucks LOL.
All I remembered BBRY (old ticker) did not want to move at all, nice to see BB getting the exposure it deserves. John Chen did a good job turning the company around.
PAY BACK TIME MFs :)
Got into BB at 15.45 on a whim the other week after I did some DD. Lucked out because it's been constantly going up on no news and then the Baidu stuff tonight.

For those still in SPACs, I believe BTNB is supposed to go live some time tomorrow. Softbank's SVFA is also splitting units and starting to trade commons and warrants on Wednesday. Since SVFAU went live only a few weeks ago, they might already have a target.

Quote:
Originally Posted by ilovebacon (Post 9015537)
LOL. So this is what's happening. How interesting.

Watch this part of the video at 26:46.

:lol

ilovebacon 01-26-2021 03:10 AM
They got caught with their Dick's in the cookie jar!

Did you buy any shares?

Hondaracer 01-26-2021 08:27 AM
NOK the next Stonk?

Edit* Jesus Christ..GME touches 100% up lol!

blkgsr 01-26-2021 12:55 PM
$220 after hours and climbing

unit 01-26-2021 12:59 PM
i bought a fairly small GME position yday, i just wanted to be a part of it lol

Hondaracer 01-26-2021 01:01 PM
Quote:
Originally Posted by blkgsr (Post 9015581)
$220 after hours and climbing
lolol..

i bought some at $130 and sold at $148 cause i was too pussy lolol.. fuck crazy

unit 01-26-2021 01:23 PM
bought at 82, gonna see how far this goes. might cover my ass with some stop limits tomorrow

ilovebacon 01-26-2021 02:45 PM
This should be in the history books lol

eclipseman 01-26-2021 03:00 PM
What a time to be alive folks. They'll definitely make movies about this.

"The Short Squeeze"

In at $17.xx

Razor Ramon HG 01-26-2021 03:03 PM
At what price target are you guys thinking of selling?

I'm conflicted to take profits now or wait to see what happens on Friday since all the weeklies are deeply ITM.

cafe22 01-26-2021 03:23 PM
sad face for those 2 hedge funds firm giving bro support to Melvin lol

ilovebacon 01-26-2021 03:47 PM
Quote:
Originally Posted by Razor Ramon HG (Post 9015604)
At what price target are you guys thinking of selling?

I'm conflicted to take profits now or wait to see what happens on Friday since all the weeklies are deeply ITM.
I don't have much in my portion. I just wanted to join the movement. Might sell at 800 if it reaches 1000$ judging with what happened to Volkswagen short squeeze.

RevYouUp 01-26-2021 04:47 PM
Quote:
Originally Posted by Hondaracer (Post 9015586)
lolol..

i bought some at $130 and sold at $148 cause i was too pussy lolol.. fuck crazy
I bought some for $120 yesterday and sold at $150 today still have 20 shares and going to ride that haha

HonestTea 01-26-2021 05:01 PM
GME ganggang

jing 01-26-2021 05:11 PM
In @ $88

Pussied out @ $105

Ez 20% gainz in a couple hours

Wish I held longer tho :okay:


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