Roaring Kitty puts this picture on X and suddenly GME is up USD 1 billion

[S2007S]

75 a share pre market.


Insanity on a worthless stock ans company that won't be around in probably half a decade.

 

[S2007S]

Shorted some shares at 70...just starting the position.

Will short more on each jump of 15 dollars.


Amc is another joke.


This is just hilarious.

Companies are completely worthless.

People buying better be quick to sell because these will lose half their values in under a week.

 

[tomkat22]

You're damned if you do and damned if you dont. Cant short it because there's no shares available but I dont want to chase it on the long side because the goofy thing might reverse at any second. Kind of a weird Catch 22.

 

[Arnie Guitar]

All I know iz,

If I was in a position of influence:
Known Market person, Politician, etc..
I and my friends could easily profit from things like this.

Yes, I've seen the movies (Pelham 123) where they look for unusual option activity prior to big price moves, but there are ways.

 

[newwurldmn]

All I know iz,

If I was in a position of influence:
Known Market person, Politician, etc..
I and my friends could easily profit from things like this.

Yes, I've seen the movies (Pelham 123) where they look for unusual option activity prior to big price moves, but there are ways.

he’s a known market person because he didn’t do that.

 

[FSU]

You're damned if you do and damned if you dont. Cant short it because there's no shares available but I dont want to chase it on the long side because the goofy thing might reverse at any second. Kind of a weird Catch 22.

Shares available to short at a 50% rate (at our firm). No desire to try and pick a top here for me.

 

[tomkat22]

I'm guessing there will be a shakeout after the NY open then I'll probably take a small long position just as a flyer.

 

[maxinger]

So when is GME going to make a U-turn, and go to ~ zero?

Simply look for the U-turn sign on the chart.
It will be displayed prominently on the chart.
Even the blind will be able to see it.


But the non-blind must open their eyes big big so as to spot it.
If not, you will miss the U-turn sign.

 

[cesfx]

I just bought a diagonal: sold 43put may24 and bought 44put may31 for $2.10

Comments are welcome.
The first time I played the GME saga in 2020 a comment here saved me some money and I even made some!

 

[2rosy]

I just bought a diagonal: sold 43put may24 and bought 44put may31 for $2.10

Comments are welcome.
The first time I played the GME saga in 2020 a comment here saved me some money and I even made some!

I was looking at buying put spreads but extremely wide bid/ask (almost 90% of the spread)