GME up over 100%.... what is going on now?
- Thread starter Saltynuts
- Start date
You averaging at this price then since you so confident it’s the top?
Yeah, we saw it. Your AVG price was about 56 bux. How about an updated pic?
https://www.elitetrader.com/et/thre...at-is-going-on-now.356400/page-7#post-5332643
With Stimulus voted in I wouldn't want to be short anything overnight. I suspect we go up tomorrow maybe some selling back Friday. What that means to GME I have no idea, but you might consider taking a long if it dips hard again might reduce your risk immensely.
Dumbass
Its one thing to be stubborn, its another to be completely retarded and stubborn.
ETA: Also, this isnt the wordings of someone who has enough to outlast a move to "2000." You aint got no clothes on brah
You know the retarded reddit kids are dumping their entire stimmy into GME don’t you?
That's a scary thought. Will that force more GME short covering which would bleed over to selling in the broader markets, which it seemed to do 6 weeks ago?
i have a hunch that the big shorts are better prepared for a squeeze this time around...supposedly last time they were having to liquidate longs to cover margin requirements but I really don’t know if that is true.
They could have fought the price down and hedged shorts with calls at that point so they won’t be hurt as bad if it goes ballistic but I really have no clue as to the strategies that get deployed on that level of finance.
I do know these kids really don’t give a shit what the price does they will hold with the grip strength of diamonds.