GME and AMC Reddit Traders getting Slaughtered

[treeman]

I wouldn’t write silver off yet. In fact, I’m doubling down. Predicting a chase for people to get in after this shakeout.

 

[zghorner]

I already watched her on Bangbus.com.

lmao i wish.

 

[zghorner]

I wouldn’t write silver off yet. In fact, I’m doubling down. Predicting a chase for people to get in after this shakeout.

 

[treeman]

My position is in the positive, thank you.

 

[zghorner]

My position is in the positive.

Well get it then buddy good luck to you.

 

[Butterfly]

LOL

 

[Butterfly]

Show me a single person on ET that has come close To turning $56k into $22M...hell I’m doubtful that there are more than a handful in here that break even.

he won the lottery, big fucking deal, he should know when to stop when you have a good thing. Sadly, most don't.

 

[maxinger]

I wouldn’t write silver off yet. In fact, I’m doubling down. Predicting a chase for people to get in after this shakeout.

I don't see any sign it is reversing direction to go up.
Perhaps you can see it.

Anyway, all the best to your silver trade @treeman.

 

[treeman]

Thank you. It's not a flip trade in 3 hours. This is likely a year-ish hold, maybe more. I'm treating it as an asset hedge. I realize not many will take this seriously here, but I have a target price over 50.

 

[maxinger]

I'm not flipping a trade in 3 hours. This is likely a year-ish hold. I'm fairly hedged in silver at this point. I realize not many will take this seriously here, but I have a target price over 50.

this is quite a strong correlation between gold and silver.
so you have to look at inter-correlation thing.
day chart for both gold and silver are very messy / untidy