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

[TrailerParkTed]

Its really weird. Who the hell would buy it at this point? Its pretty clear its peaked, and peaked on total bullshit, and it has SO FAR to drop before it gets to where it really belongs. Maybe its the reddit dorks still trying to force it up time and again with whatever dry powder (stimmies I guess) they got left. I can only imagine the amount of blood they are leaking buying in to force it up then watching it come right back down over and over again. Eventually they must succumb to the inevitable...

Leaving a space for you Salty at my park, watch the Trailer Park Boys to get a feel for your new life after GameStop hits $5000. We BBQ all the time and go bass fishing.

 

[Saltynuts]

Leaving a space for you Salty at my park, watch the Trailer Park Boys to get a feel for your new life after GameStop hits $5000. We BBQ all the time and go bass fishing.

That sounds really fun. Can I still come eat BBQ and fish for bass with you guys even when GME hits $12 a share?

 

[zghorner]

Leaving a space for you Salty at my park, watch the Trailer Park Boys to get a feel for your new life after GameStop hits $5000. We BBQ all the time and go bass fishing.

This took me out bro, hilarious.

 

[vanzandt]

35MM shares today with a vwap at $198.
High $220, low $172
P/C volume 1.19
P/C oi 3.8

Before it makes a big move down, its gonna make a big move up.
jmho

 

[Grantx]

only way to reach BE is to sell a shit load more up here

Yep that would be the way to go but it sounds like he's gone soft and turned religious instead. Shackled to the 1 minute chart praying for breakeven slave to the whim of reddit apes lol

 

[zghorner]

Yep that would be the way to go but it sounds like he's gone soft and turned religious instead. Shackled to the 1 minute chart praying for breakeven slave to the whim of reddit apes lol

He’s still scared that this thing will go ballistic...you can taste his fear as he enthusiastically overreacts to every little downwards movement.

at his current share count and average price he can handle $2000/sh GME “he claims”...to average up even to $100/share would require what...200 more shares? And expose him to blowing up if it squeezes like mad.

I agree though that his chances of reaching break even are getting worse and worse every day as it holds these price levels.

 

[Saltynuts]

He’s still scared that this thing will go ballistic...you can taste his fear as he enthusiastically overreacts to every little downwards movement.

at his current share count and average price he can handle $2000/sh GME “he claims”...to average up even to $100/share would require what...200 more shares? And expose him to blowing up if it squeezes like mad.

I agree though that his chances of reaching break even are getting worse and worse every day as it holds these price levels.

LOL, scared wtf? No. I'm Mr. DIAMOND freaking HANDS, don't ever forget that. Do I want it to crumble so I can get out? Of course. Do I not want to see it spike? Of course. But there is not fear, no being scared. Like I said before, I'm in it for keeps, this is a battle to the DEATH...

 

[TrailerParkTed]

LOL, scared wtf? No. I'm Mr. DIAMOND freaking HANDS, don't ever forget that. Do I want it to crumble so I can get out? Of course. Do I not want to see it spike? Of course. But there is not fear, no being scared. Like I said before, I'm in it for keeps, this is a battle to the DEATH...

How come GME has not sold stock to Institutions during the first flight to $300? Is the logic the same as HTZ when they tried to dump their stock on Reddit? https://www.google.com/amp/s/www.fo...vily-short-sold-stocks-avoid-like-the-plague/

 

[Saltynuts]

How come GME has not sold stock to Institutions during the first flight to $300? Is the logic the same as HTZ when they tried to dump their stock on Reddit? https://www.google.com/amp/s/www.fo...vily-short-sold-stocks-avoid-like-the-plague/

I don't know, but are you asking why they are not doing public offerings when their stock shoots up? Well, at least one reason is it takes time to get all the offering and what not legal documentation ready, many weeks or months. And they have to have some reasonable guesstimation as to the pricing of the offering for a few reasons. As volatile as it it, no chance.

Plus they know if they offered it at more than $50 per share subscribers would lose their arse within a few weeks or months and all sue.

 

[Wide Tailz]

I'm no Guru but this is starting to look like most penny stox when they die. Short float is down to 27%, gobs of institutional ownership that could try and get out here, and still a negative profit margin. If this was all a giant squeeze, the fuel might be gone......