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

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


  1. Jesus fuking christ you are a dipshit. It was up MORE than 5%, now its only up 5%. It therefore FELL. Gawd you are dumb.
     
    #451     Mar 12, 2021
  2. destriero

    destriero

    Cool story, Bro! Can you explain it in even simpler terms?
     
    #452     Mar 12, 2021

  3. LOL, ok. Wouldn't put it past those slimy bastids.
     
    #453     Mar 12, 2021

  4. Not simple enough for your dumb ass, apparently...
     
    #454     Mar 12, 2021
  5. destriero

    destriero

    Up on GME for the day. wheeeeeee!

    2021-03-12_10-53-52.png 2021-03-12_10-55-48.png
     
    #455     Mar 12, 2021
    Centuria100 and zghorner like this.
  6. vanzandt

    vanzandt

    Man I really hate to give anything more than generic commentary.
    But if I had seen this earlier, I would have said rest an order to catch a spike above $317 with a stop at $325.60, with the intention of closing the new position today regardless of what happens. Do 100 shares, no big deal losing another 800 right(?) if your stop got hit.

    It looks like nothing's going to happen now, unless some crazy Friday PM stuff happens here in a few. Which it could on this one. So don't enter that trade now, that would have been what I'd have said before the bell.

    As it stands, aside from the spike that level +/- a couple percent is holding up.

    upload_2021-3-12_10-29-13.jpeg

    Volume today is off by 50% on a 10 day moving average.
    Not sure what to make of that.
     
    #456     Mar 12, 2021
    Centuria100 likes this.
  7. vanzandt

    vanzandt

    Its $270 now.
    Short it into the close, its weak af.
    Itll drop. Close before 4pm
    use $275 stop
     
    #457     Mar 12, 2021
    Centuria100 likes this.

  8. Thanks vanzandt. Not doing anything unless you give the all clear. And when I do do something it will be only a few shares, can't expose myself to too much more risk.
     
    #458     Mar 12, 2021
  9. vanzandt

    vanzandt

    the bottom could fall out
     
    #459     Mar 12, 2021

  10. Shit, really? Its been up today in the 3% to 7% range for much of the day it looks like.
     
    #460     Mar 12, 2021