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

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

  1. 278 pre market.

    Looks like another day of Tums and Coffee for SaltyVag.

    Kinda outrageous to think you could have been out at 90 if you would have listened to me. Tsk Tsk Mr Dense. O and on a serious note, dont go killing yourself when you lose your ass; money is important but isnt that important.


    ETA: 284 now.
     
    Last edited: Mar 10, 2021
    #281     Mar 10, 2021
  2. Millionaire

    Millionaire

    Profit target ($20): Saltynuts wins: +$12,500

    Stop Loss ($2000): Saltynuts loses: -$700,000 :wtf:

    Ok maybe it wont got to $2000, but if it goes to $750, that still puts him at -$250,000
     
    Last edited: Mar 10, 2021
    #282     Mar 10, 2021
    zghorner likes this.
  3. GoogTgt

    GoogTgt

    https://seekingalpha.com/article/4412513-gamestop-this-runup-looks-sustainable-but-is-not
    Hang in there Salty. It should come back to earth soon.
     
    #283     Mar 10, 2021
  4. GoogTgt

    GoogTgt

    GME is running out of momentum. Forget about $2000 GME. Without a massive short squeeze, it will have tough time going above $400. Short interest is only 25% and those shorts might be hedged too considering what happened in Jan.
     
    #284     Mar 10, 2021
  5. vanzandt

    vanzandt

    Yeah you're right. I was just eyeballing it plus the scale on the charts from the cut and paste was different.


    But again, every story's different and this one certainly has its twists.
    All bets are off, but just glancing at the chart, I bet today is the top, and I'm gonna say $300 holds.

    Salty, now would be the time add to your position imo.
     
    #285     Mar 10, 2021
  6. lc3

    lc3

    I would 100% agree with you two weeks ago but the last week's movement and this week's spike up suggests there is a different story going on now. Short interest could be hidden and in ETF positions/option sells.
     
    #286     Mar 10, 2021
  7. GoogTgt

    GoogTgt

    Salty has been jinxing it by calling the top prematurely. I'm going to try my luck today. I think GME topped out today at 304. Its all downhill from here boys.
     
    #287     Mar 10, 2021
  8. destriero

    destriero































































    lol/
     
    #288     Mar 10, 2021
    zghorner likes this.
  9. lc3

    lc3

    308 now..the daily candles look like someone copied and pasted them for 3 days.
     
    #289     Mar 10, 2021
  10. GoogTgt

    GoogTgt

    Should have kept my mouth shut. I've jinxed even more than Salty :)
     
    #290     Mar 10, 2021