GME ... feels a little bit like a pyramid scheme, let's see how many people we can get to jump on ... then the guys on top bail with a nice hefty gain. Just don't be the last batch left on the boat.

Will GME actually be able to reach $1000? How much more could this run up?

Great ...more hype!

Elon is loving this LUL


Fuck those greedy fucks! I mean they're being fucked by more greedy fucks, but these fucks are REALLY fucking greedy SwiftRage

LOL it's relatable. I'm laughing as it goes up to 300$

Good thing these are money I don't really care about just to see how high it can actually goes.

With the Amazon and Baidu news and BBs transition to a cyber security/EV stock, does anyone else think that BB is still severely undervalued? I’m not even comparing it to EV or other cyber security stocks, just random stuff like chewy, pltr, pton, all of which have 40-50B market caps while BB is just over 10B? Or am I the only one?

A lot of people still think Blackberry is a dead phone company. Once that sentiment is gone, people will flock to it in droves.

I have a small position, but I think I'll add more soon.

I’ve personally been building my position in BB since it was 10. I thought I would have much more time to accumulate but given the WSB effect I’ve had to start to liquidate some of my more stagnant stocks at a faster pace. My target was a 50B market cap in 3 years and I think that is very achievable given some of the other market caps floating around. With BB announcing their partnership with Amazon and baidu, I can only imagine what other deals John is working on behind the scenes. These are big fishes, and the announcements have come out very quickly.

I don't give a single shit about stocks - I don't know much about it, but what I do know, I kind of hate. But I would kind of like to get in on this just to be able to put a hedge fund out of business KEKW

They have started putting out info that they have closed out of their short, in order to stop the squeeze, but it's not working LUL

BTW if it turns out they didn't do that, wouldn't that be illegal manipulation?

lol... don't understand the hatred behind some of these retail investors in wsb... its as if Melvin fund directly blew up some of these guys' accounts a few times in the past or something. Last thing you want to do as an investor is letting your emotions drive investment decisions. Short selling has many applications in the marketplace and its not meant as a tool to drive good business to the ground. Try shorting a good business like apple and see what happens. Of course there are shady hedge funds out there, but in any industries there will be bad actors. Its kind of ignorant to paint the whole hedge fund industry with a single brush.

Good luck to some of these wsb investors with large positions in GME. I'm sure they know that paper profit means nothing until they sell? When sentiment breaks (ie. no one in retail left to buy) good luck trying to find buyers at insane prices and everyone is heading for the exit. That's how prices gap down/up on thinning liquidity. This stock has nothing to do with the company anymore. Its become a battleground for retail and certain institutional investors to stick it to the other players caught in a squeeze. Execs at GME and BB have already come out saying the price increases are not justified but they sure appreciate being able to sell their insider shares at ridiculous prices. I guess its okay for these corporate millionaires to get a windfall but not hedge funds? lol... enjoy the game of musical chairs

These aren't "investors" that's the best thing about it

^ but at the same time, I kind of see it as a sad thing. For every new high price printed, it means there was a buyer at that price, possibly another average joe that is not well-informed about market dynamics and bought into the hype from wsb. There will be plenty of retail "losers" at the end of all of this.

People just have a hatred for short sellers.

If you take a look at what has been happening all week, the hedge fund managers have been trying to manipulate the media and public sentiment to play themselves as victims.

I'm pretty sure the widespread brokerage issues going on right now are related to this.

Fuck them.

Very blatant manipulation happening here. Very organic slow movement upwards, followed by a big red drop and a halt.

Couple that with the brokerages being out for retail and it's a definite fuck 'em.

What's a decent Android app for following values? Any actual transactions I only do on a PC but it'd be handy to check things at a glance.

Can you provide some sources to support this? I haven't really tuned in to the media coverage in the early part of this so I might have missed out. Citron and Melvin says they covered their shorts and people are accusing that they are lying to the media but isn't that just speculation?

In Unprecedented Move, TD Ameritrade Puts "Restrictions" On Transactions In GME, AMC

https://www.zerohedge.com/markets/un...ctions-gme-amc

GME is going to mint some new rich kids (if they can get out before the mass exodus).

noob question, but are there any difference going in BB on the TSX vs the NYSE, besides the currency buy-in?

I got in on amc this morning.

It’s become gambling.

same...what did you get in at?

Market 15.70 at the time, then it dropped to mid 13’s. Back up again, lol

i've always been a pretty conservative investor but its hard not to get caught up in this.
just keep your expectations lower than what the ppl on wsb are all ragging on about.
make your money and get out!

Nothing really specific, just a few managers and analysts on CNBC.

You get the overall vibe from the narrative the media is playing that the institutions are lining their pockets. Everyone is blaming WSB, but no one is blaming shorts for cornering themselves shorting something over 100%. If anyone, WSB is smart for recognizing the opportunity. But you know, they're small guys, fuck em!

Chamath was on CNBC an hour ago and he really went to bat for retail traders.