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

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

  1. lc3

    lc3

    There is a period that he cannot sell his shares. Also if he do this purposefully it would be a crime.
     
    #251     Mar 9, 2021
  2. speedo

    speedo

    You can usually sell shares even during a lock up period but not on the open market and typically at a discount to market.
     
    #252     Mar 9, 2021
  3. Looks like $242 was the top boys, all downhill from here!!!
     
    #253     Mar 9, 2021
  4. Millionaire

    Millionaire

    Thats what you said yesterday, top is in at $185!
     
    Last edited: Mar 9, 2021
    #254     Mar 9, 2021
  5. benwm

    benwm

    Are you not worried about overnight moves when liquidity is thinnest? How many times are you checking the price during the night?
     
    #255     Mar 9, 2021
  6. benwm

    benwm

    It's now 245+ bid. I think you're f***ed.
     
    #256     Mar 9, 2021

  7. Just saw that. FUK FUK FUK.
     
    #257     Mar 9, 2021
  8. benwm

    benwm

    If you're not going to close your short, I would consider hedging with a long position in the one of the 'Gamestop' type stocks. Some of those that moved up with Gamestop last time are not out of whack on a fundamental basis, e.g. Nokia, Ericcson. These are long term 5G plays too.

    Nokia
    upload_2021-3-9_21-8-31.png

    Ericsson
    upload_2021-3-9_21-8-1.png
     
    Last edited: Mar 9, 2021
    #258     Mar 9, 2021
  9. Should have gotten out when i said.

    Each day GME goes up proves how big brain i am and how small pp you are Mr Dense.

    ET will not be here to help you when you lose your farm.
     
    Last edited: Mar 9, 2021
    #259     Mar 9, 2021
  10. benwm

    benwm

    Next time around, I'm not sure Robinhood will help out the shorts by restricting trading in Gamestop and the others. They already got hammered in the media the first time they did this. I'm guessing most of the posters on here (myself included) have been on the end of something like this.

    At least there is some minor consolation that a few hedge funds will also be getting run over.
     
    #260     Mar 9, 2021