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

GME closed down at $108, to $106 in the after hours, I bet it plummets tomorrow. I'm hereby declaring victory. AND VICTORY IS SWEET!!!!! Fuk with the bull short sellers, sometimes you might just get the horns...
 
Saltynuts said:
GME closed down at $108, to $106 in the after hours, I bet it plummets tomorrow. I'm hereby declaring victory. AND VICTORY IS SWEET!!!!! Fuk with the bull short sellers, sometimes you might just get the horns...
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Lol “fuck with the Bull short sellers” wtf man?

fuck with the bear and you might just get the claws would have been way cooler.

is definitely closed like shit, gap down at open gonna hurt.
 
Here is a funny roundtrip Salty:

02/24/2021 15:30:12 Bought 10 GME Mar 12 2021 43.0 Put @ 3.5 (GME was 63)
02/25/2021 15:46:32 Sold 10 GME Mar 12 2021 43.0 Put @ 4.85 (GME was 124)

Way less stressful than shorting stock.
 
Gamestop bounced of an area with large volume support, the recent narrowing of range got me interested. I really liked the setup but never got around to putting an order in.

Red line is the volume point-of-control.
upload_2021-2-24_16-9-52.png

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zghorner said:
Lol “fuck with the Bull short sellers” wtf man?

fuck with the bear and you might just get the claws would have been way cooler.

is definitely closed like shit, gap down at open gonna hurt.
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Oh shit I said it totally backwards, I'm the short seller lol...
 
Saltynuts said:
Oh shit I said it totally backwards, I'm the short seller lol...
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It is because you did not take a night's rest like I suggested and calm down. You can't even remember which direction you are playing in your frustration, lol!

You said you have enough capital in the account to maintain a huge drawdown. Have you calculated at what price GME would have to rise for you to receive a margin call?

GME @107 as of this typing.
 
Overnight said:
It is because you did not take a night's rest like I suggested and calm down. You can't even remember which direction you are playing in your frustration, lol!

You said you have enough capital in the account to maintain a huge drawdown. Have you calculated at what price GME would have to rise for you to receive a margin call?

GME @107 as of this typing.
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Honestly, I bet it could go to thousands per share before I start even having to worry, but still, if it does that I'd be HUNDREDS OF THOUSANDS down on my account, and then what if the motherfukin' shares get called from me? So much hard earned gains down the tube for a trifle...

But stock looks like its at 100.5 now, I bet it tanks tomorrow.
 
Saltynuts said:
... if it does that I'd be HUNDREDS OF THOUSANDS down on my account, and then what if the motherfukin' shares get called from me? ...
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I saw that comment from an earlier post of yours. From what it looks like in your screenshot, you are short the shares. How can they be "called away from you"?

I know little about stocks, and even less about options...But how can shorting stocks outright be "called away" from you? Isn't that something that would happen if you sell a call and are exercised?

As for the amount of money you would be down in your account, is hundreds of thousands of dollars a mere trifle? You have been indicating you are well-heeled in the account. So at what price would you be margin-called on your short?
 
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