Fogel
Mr. Poopybutthole
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We had a red day coming regardless of these shenanigans, need some red to make some green yadda yadda
Investing General Discussion
- Thread starter Furious
- Start date
We had a red day coming regardless of these shenanigans, need some red to make some green yadda yadda
Sanrith Descartes
Veteran of a thousand threadban wars
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Cuban is a disingenuous fuck. A couple days ago he was whining about people "wasting their money" on uneducated FOMO stock plays (aka GME).
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Sanrith Descartes
Veteran of a thousand threadban wars
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Threelions
Victory Through Harmony
- 932
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I’m in for about 4K between AMC and GME, my balls are exploding everyday with the ticker up. Don’t want to be left holding the bag, but more volatility / fun than I’ve had in years. Pay for my patio in full and I’ll be happy
Gravel
Mr. Poopybutthole
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So I'm curious since it seems like Melvin held the bulk of these shorts. Since they're essentially bankrupt at this point, who's buying? Like, who is on the hook here? It can't be Melvin because they're insolvent at this point. And it seems like Citron is as well, although I'm not positive about that. But surely they don't have $100B in assets to throw at this.
Sanrith Descartes
Veteran of a thousand threadban wars
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Just remember you cant pay for your patio with paper gains. Close out when you start feeling like a hog.
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Hateyou
Not Great, Not Terrible
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Kiroy
Marine Biologist
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gme and other zombie companies are going to literally be feeding off of healthy stocks until this clown show ends.
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Gravel
Mr. Poopybutthole
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I'm starting to really buy into the narrative now.
Yesterday they dumped 2 billion in additional shorts because they figured they could bully the retail investors. It didn't work.
Today they tried to artificially lower the value by dumping stock into it during after hours. As long as we continue to buy, they'll be even more fucked.
From what I can tell, the short squeeze hasn't even started yet. The next 5 days or so is when the price really explodes. Now granted, from here to 1000 is only a 300% growth. And VW hit $1000/share too (with like a 12% float). This is one crazy fucking ride.
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Sanrith Descartes
Veteran of a thousand threadban wars
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So the day is winding down. Post your actual (non-paper) realized gains/losses from AMC/GME. Its dick measuring time.
AMC - 100 shares in at $7.60 and out at $15.50. Gain of $790 for about 30 market minutes.
AMC - 100 shares in at $7.60 and out at $15.50. Gain of $790 for about 30 market minutes.
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Furry
WoW Office
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There is probably going to be a lot of failure to deliver nonsense in this gme shitstorm. There’s a potential that this ends with lots of people holding ious from paupers that were formerly billionaires. I’m at the edge of my seat to see if the system just flat out breaks Friday. This situation is just not normal.
Hateyou
Not Great, Not Terrible
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I think we’re going to see the amount of short positions out there go down by a lot before they become a target.
Hateyou
Not Great, Not Terrible
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Kiroy
Marine Biologist
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I got amc for 4.70 yday morn and out today at 19.30 for around a 3800 gain
have around 500 shares of nok i'm hoping to dip out of tomorrow
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Kiroy
Marine Biologist
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i'm just talking about goof balls selling whatever they have so they can jump in on the insanity