GME: Crusty Whales vs Handicapped Teenagers
- Thread starter zghorner
- Start date
Vola exploded on silver options this week.
Not sure it will happen, but when it does, silver can go to the moon...
So what’s the story with silver exactly?
Not really much..
Just some speculation wsbets guys will squeeze silver up.
I am not sure, wether there are big shorts, but silver is historically susceptible to manipulation.
Yea i know the story about the Hunt brothers...I’ll look into it some more thanks.
I feel like this is just big players trying to manipulate the strength of the hoard...honestly who the fuck in on WSB talking about silver...
now with that said...
so you still in this position as of today 2/2/21? if yes, how much are you down so far?
closed out all my shares in GME and AMC today, i refuse to take a loss this time around. Still holding 1 GME call and 3 various put positions.
as of now i am roughly at break even lol. which is garbage i know but better than last spring when i hoped and prayed my way into a $20k loss watching my puts expire.
I just posted this on WSB in the daily GME thread:
Story Time
I know I am about to get downvoted straight to hell but this is the truth from my experience as a long term member of WSB and a Diamond Hand Gang Member before all of this...
This is starting to remind me very much of the last time we all had diamond hands when the market tanked last spring...after it hit bottom and began climbing day after day us gay bears held our puts waiting for the next crash...the big moment was when unemployment #s were released we knew it was our time of glory...the worst fucking unemployment numbers in history were being released week after week during the start of a global fucking plague (how it was portrayed at the time at least), however, the marked opened GREEN and stayed that way until we watched our puts expire worthless...I let a $50k gain disappear and turn into a $20k loss...ultimate pain and suffering ensued. Depression level = maximum. Daily whiskey consumption = maximum.
At That time we hated the fed for QE but it is what it is...we fought the market and lost. This time we have seen clear cut MARKET MANIPULATION. ITS FUCKED. It sucks badly, it hurts, i hate it. But i must respectfully bow out as I liquidate my positions...because if I dont and i go negative again then that is proof i am not improvement and will never be a trader. I truly pray that this moons out of control AND IT VERY WELL MAY! The fact that i am done is really good news for the rest of you considering i have a losing track record.
One final note and this is very important: Worst case scenario you lose all of your money. THAT IS OK. the best traders of all time have gone from millions to broke. DO NOT DO SOMETHING TRULY RETARDED LIKE HARM YOURSELF. Take a break, save up some more money, read some books on trading, and try again. The true key to success is how you deal with failure.
Tardspeed my brothers. May we all one day feast on unlimited tendies in the great hall of Valhalla.