When there is blood in the water I have to go for the kill or I’ll never make any real money. Holding some LEAPS puts for downside protection because we all know it will come down but for now I have to stay strapped to the head of this comet. Why not hop on board too and go for a ride to the moon?
It is going to collapse on fundamentals, but market structure and the empowered retail crowd can indeed keep it up if they stick together for long enough. Unlike other tech names, GME doesn't excite and appeal to imagination, but irrationality prevails in this world.
150 hahahahahahahahahahahhaha I have never seen something so funny in my life. Zero fundamentals. Stock is trading like its the newest tech stock ...its a fucking game store people. Wow. This market needs a gigantic wake up call.
I wonder what is SEC thinking now...I am (was) a research analyst and I looked at it before, this name isn't worth more than 25 on fundamentals and never $50 even considering technical factors. The market is just Mama-go-around
Lmao that fucker went for a free fall...I bet a ton of sell orders got triggered at $150 can’t wait to see how this goes once trading resumes.