52 Week High
52 Week Low
7 Days Mentions
Amazing, just post about sound investing strategy & Karma takes another hit. Warped reality of Redditt. This bull market long, very profitable. Real world economy don't care about WSB or Robinhood investor How many of these anonymous accounts shilling GME AMC are controlled by big, licensed brokers?
A few days under exactly 1 year later, I have finally made back all of my Jan-Mar 2021 losses from a year ago when I just began using Robinhood. Reason for loss: GME greed, REGI earnings report fraud, and buying SPY puts during a record Jan-Feb rally. *huge sigh of relief*
I’m not a multi-millionaire, but I’m someone who was/is a compulsive gambler that eventually had one big score that resulted in most of my net worth having being acquired by gambling. Not going to get into the details, but I had very serious alcohol dependency and compulsive gambling problems at a relatively young age and incurred serious consequences. At age 29, two events changed the trajectory of my life, I met my wife and I began taking a drug call Naltrexone, that blocks the opioid receptors, reducing cravings and/or the effect of certain drugs and/or behaviors. I soon lost interest in alcohol but I kept gambling, well, I decided to only continue to play poker. Then something strange happened, I stopped seeking action, tried to simply make the best decision for each situation, and I started winning. I quit my job and played poker about 30hrs a week and went back to school. Long story short, I took the medicine for 4 years and when I stopped taking it, some old behaviors came back to a certain degree and I lost my edge I decided it was best I put the card playing behind me and concentrate more on school. Eventually, I got a masters degree, excellent credit, no debt, good career etc and I tried “investing” on Robinhood. Interesting thing was, even though I wouldn’t say I have a healthy relationship with gambling, I never had the same problems as I had before taking Naltrexone. Had a rough start, but I ended up getting in early on GME and reached a million dollars in my brokerage accounts. My wife encouraged me to take most of it out and buy property, so I really don’t have it to lose at this point. It’s a serious mind fuck when I think about it all.
According to the SEC report retail was largely the cause of January for GME. Roughly 20% of the volume hit the lit exchange with 50% short volume on the 28th(?). 20% was like 30 million shares roughly. Small is an understatement. 120 million shares through calls went ITM according to the IBKR president. If those were exercised versus being cash settled.... WHEW lord have MERCY
Seriously? Reread our conversation and realize that I answered and debunked every one of your points, while you just continually dismissed and redirected. You took plenty of time to answer me and it really shouldn't take any extra time to debunk what I said. Please do block me and reaffirm to both of us the fact that apes are an echo chamber cult that blindly dismisses all negativity towards GME and bans/blocks anyone who provides facts against the MOASS.
Well except, and I know practically nothing about this so I admit I may be wrong upfront, AMC also seems like a good case study, and GME is is at like a third of its highest value. Also, I suspect you may be being facetious, but this was a genuinely asked question
Preach! Not sure why, but some numbskull let the fence go down on this sub and now it’s literally *infested* with superstinkers. Posting about GME used to be an instaban, not sure what changed but holy fuck it’s annoying. There’s fucking cultists *everywhere*. This is WSB not GME the sequel.
Lol some people really don't get it. They think they're smart because they realize their loss and then come here and tell everyone how were dumb for holding unrealized losses. How many times has GME dropped before shooting up? We don't sell for losses and we don't even fucking sell for 250 or 350 or 480. What the fuck? Lol some people don't understand the assignment.
I still remember when GME exploded and then out of fuckin NO WHERE all media channels were pushing silver and it was just one of the strangest things. I was up multiple nights just reading everything on this sub that one week and never ever saw silver mentioned. Truly one of the weirdest parts about that whole saga
Preface by stating that I'm not claiming GameStop will get into all of these, but some of the things that make a lot of sense to be handled by NFTs in the future are: * profile pictures/art - cool? dumb? Up to you. * micropurchases in-game - TBD how this pans out. * entertainment digital downloads - games, music, movies, you won't be stuck to a single platform and they'll be resellable. This will start with independent artists/studios obviously as the larger players will be reluctant to give up control. Currently pretty small, just starting. * Luxury goods - see Nike's recent purchase. Getting an NFT with purchase of a luxury good means you know if something is a knock-off. Lots of brands looking to do this right now. * Legal documents - car title, house deed, this is probably a decade out. * Membership - already implemented with various projects. * Event tickets - in development. * The stock market itself - block chain settlement would vastly improve the stock market. This is my **dream** for GME that they're planning on withdrawing from the DTCC and being the first publicly traded company to be traded on a new blockchain stock market. It's unlikely but not entirely unrealistic as there's talk even in the SEC of blockchain settlement. The bull case expectation is that GameStop would pivot not to owning more IP necessarily, but in handling the marketplace for NFTs in multiple of these categories.
I left RH after they turned off the buy button last year. I didn’t fuck around. Sold everything and withdrew my cash as fast as I could. Was off RH within weeks of 1/28/2021 I will be buying more $GME on the 1 year anniversary though (in a different broker of course - probably through CS)
Every single gamma squeeze that I have been in. I bought the ones that I knew there was heavy institution OI. I have been in many gamma squeezes this year. RKT, FUBO, MVIS, GME, AMC, SPRT, SPCE. How big and how high can or will it go? Idk. But, institutions are holding calls for next week. Last friday. Someone made a $300k purchase right before the closing bell to make sure that we closed above $4. These are things that were happening in AMC and SPRT, the last two most recent gamma squeezes I was in. Big whale options purchases happened last week as well.
I appreciate being set straight on how Keith Gill last added shares, but if you think NFTs are only a couple hundred million market you really need to look into some of the broader uses than just owning jpegs. It's going to easily become a big enough market to push GME past $500 even if they can only capture 2% market share.
So silly. Of course they would and should. Massive run ups in any stock like with GME introduce massive volatility into the market and risk destabilizing everything. Meme stocks were in an unsupportable bubble and many thousands more would have been hurt had the insanity continued.
Yeah so defensive. Only way for you to know I have a call/calls in GME is if you read my comment then clicked through to my profile to read my other comments. And you did that after mocking me for believing in a short squeeze, despite me never mentioning MOASS or Calls in this thread. You think I'm terrified of losing money on 1 call option? And you think pointing out that I'm not so scared of losing a single $700 bet makes me "nutty & defensive"? Sure thing bro. I'll bet you an extra $300 I sell that call in the green. If I lose oh no I'll have to work 1 extra shift. If I win I get to rub in your face my Call gains plus an extra 42% gains off of you.
Very nice! Have you considered DRS-ing? That is transferring your shares to Computershare. It’s estimated close to 17 million GME shares have been DRSED and the count increases week to week. Locking the float is potentially the key to finishing the short sellers for good.
Opportunity cost and the fact that it's trading at this price based on MOASS dreams. The fact that even if it has a miraculous turnaround and changes the industry it still has to trade at 8-40x the intrinsic value it had based on fundamental for the past 4 years just to hit $160, which for most apes isn't even breaking even. The fact that while you may think it's a good fundamentals play the vast majority of apes bought for a short squeeze and as they realize it was all bullshit they will sell their shares, which has been happening since the DRS numbers came out at a mere 5m and another massive drop that caused Computershare to crash happened when GameStop's court reply was posted. So the price will likely hit intrinsic value or close to it before the company makes their turnaround and *that* would be a good time to buy in. So there is actually a ton of downside to this play if you wake up and realize there's no guarantee whatsoever that they will be able to compete with Amazon, that even if they are successful the price has to trade drastically higher than its previous intrinsic value just to break even, and that the worst case scenario, but very real possibility is that they don't actually succeed in saving the company. So it's not so much opportunity cost, but the fact that until you take gains you've technically lost all your money because you can't use it for anything. If you want to hold for fundamentals go for it, but this is why I think it is a really bad play personally. And if you are going to hold for fundamentals stop ignoring all the information presented to you that the MOASS was always bs and then immediately after repeating the same bullshit that shorts didn't close while fooling yourself into thinking that you're not part of a cult. If we were talking about anything other than GME and someone just completely ignored all evidence thrown in their face and blindly marched on with their prior believe I'm sure you would think that person was being irrational too. Good luck.
I use both RH and ETrade, and tbh I've noticed little difference on my option fills (I set pretty strict limits though, that is I'm ok not getting filled unless it's exactly what I want). Also had issues with both during the GME squeeze, though ETrade was for a much short period of time.
It wasn’t, it was on platforms such as Reddit or Twitter. But the reason I believe all these stocks springing up on main stream media’s such as the news was because the GME run alone shook the entire stock market. The cat is definitely out the bag, but that’s a good and bad thing. All we can do is see how this story will come to a close. Either we win or we don’t.
its basically buy your new dated ones and sell current ones. like buying a new car and trading it with used car ​ but that's why I don't like buying I like selling options for theta decay. BUT for this week options expiration it actually makes sense as suspected 300k options expiration date high volatility up or down. We don't know wut will happen at this point this week sparks will fly fud will be spread market manipulation will be had. Remember to record every news article and author so we can sue all of them. When moass. IF citadel didn't roll his 0.50 cent options yet then he is going to get fked on. no way GME ever goes to 0.50 cents so those are going to expire worthless no matter wut. his next move is expected to do something similar to hide the FTD's. Unless the DTCC made them illegal recently if that is the case he is fked. AND the coming days he will need to cover or get liquidated. hence 1.15 billion bailout money from Sequoia. The answer is always HODL or Hold.
People didn’t even expect GME to run to $400+, let alone triple digits at first. Those who went all in with your “unrealistic” arguments are now set for life. I’m not saying go all in or even hop on, if it runs and you missed out then you get burnt. If it doesn’t run and you went in then you get burnt. You’ll eventually get burnt in the stock market, it’s all a risk. AMC was expected to run like GME but it never did. DWAC was a rumor then ran from $9 to $100+. There are many more. So the point is, with the market as it is, there’s really nothing unrealistic. I don’t know, they don’t know and you don’t know. We see an opportunity with great DD’s and Volumes. Anything can happen.
Ok so Tuesday comes and market is open and he is pissed that theta gang took his tendies. He can roll the dice and hope Jan 24-27 is a banger week for GME (as I currently will as well). Or he can roll this contract, this involves him picking a new date further out and possibly a new strike further up. Further out and same strike will cost money, but further out and higher strike may not. Depends on pricing of course. So. 4/2 GME180c becomes a 4/18 GME220c