GME up over 100%.... what is going on now?

Discussion in 'Stocks' started by Saltynuts, Feb 24, 2021.

  1. GoogTgt

    GoogTgt

    Doubled my short at 140. My current short avg price is 130. I have enough margin to hold this short till GME hits 2000.
     
    #161     Mar 4, 2021

  2. LOLOLOL, now trolls be coming out of the woodwork!!!!! I'm sure you won't be here when I declare complete victory and make a shiat-ton of money off this inflated GME garbage lol....
     
    #162     Mar 4, 2021

  3. Yea, I think I could hold to 2000 no prob. But its never getting there lol.
     
    #163     Mar 4, 2021
  4. I even bought a Game Stop shirt so I can forever remember my victory lololol!!!


    [​IMG]
     
    #164     Mar 4, 2021
    userque likes this.
  5. Overnight

    Overnight

    They should be sued into oblivion for ripping off the BBoys. Assholes. No originality left.


     
    #165     Mar 4, 2021

  6. Oh, SNAP, I love it! I'm going to be watching that on repeat as I watch the stock fall back to $10 a share lolol... and I don't even really like the beastie boys hahahahaha!!!!!
     
    #166     Mar 4, 2021
  7. Overnight

    Overnight

    If you do not like the BBoys, you are uncultured. Fugheddabouddit.
     
    #167     Mar 4, 2021
  8. lc3

    lc3

    I also think it is a good point to short. But something just does not add up:
    1. How could it keep at the 120-130 level with such low volumes?
    2. Who has been buying it at this level? Please do not say retail. Could be short covering but that cannot keep the stock up for weeks
    3. Did the instituitional investors sold their position? If not why? I know some of the biggest holders are passive ETFs
    Can someone answer these? Thanks!
     
    Last edited: Mar 4, 2021
    #168     Mar 4, 2021
    zghorner likes this.
  9. userque

    userque

    Love your 'I don't give af' pics!
     
    #169     Mar 5, 2021
  10. Millionaire

    Millionaire

    GME rallying nicely while the market is tanking. Very bullish.

    Looks like GME is now considered a flight to safety asset :D
     
    #170     Mar 5, 2021
    TrailerParkTed likes this.