The guy who made $11 million on $GME

This run by WSB is mostly caused by 100%+ short interest and Citron talking trash. 2 million people instantly had their Autism triggered by flashbacks of citron doing the same thing to NIO causing them to lose money on the #1 meme stock of that time...

These kids aint playing, and they aint selling until triple digits. They for real see themselves as modern day Robin Hoods taking money form the rich (Citron) and giving it to the poor (lots of threads about how to spend earnings on charity...buying PS5s from gamestop for children hospitals etc...). They will steal money from their grandmothers to buy shares if it means causing an irreversible short squeeze on rich bears.

I am holding some LEAPS puts but will buy in again Monday because everything about this is incredible. would be real cool if some of the big bank account f*cks here at ET joined the fun.
 
blueraincap said:
I would like to see GME stay high for monday so I can sell some naked calls to the eager buyers
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you seriously going to sell naked calls on this? I mean sure its overextended and sure its going to come down...eventually, but this thing could go ballistic before that happens. why not buy some calls instead and add to that gamma squeeze my man?

EDIT: before you reply, I understand IV is through the roof right now so Calls are retarded overpriced...seems like a great opportunity to sell them...and you may be right in doing so. I just believe it is going much higher before plummeting.
 
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zghorner said:
This run by WSB is mostly caused by 100%+ short interest and Citron talking trash. 2 million people instantly had their Autism triggered by flashbacks of citron doing the same thing to NIO causing them to lose money on the #1 meme stock of that time...

These kids aint playing, and they aint selling until triple digits. They for real see themselves as modern day Robin Hoods taking money form the rich (Citron) and giving it to the poor (lots of threads about how to spend earnings on charity...buying PS5s from gamestop for children hospitals etc...). They will steal money from their grandmothers to buy shares if it means causing an irreversible short squeeze on rich bears.

I am holding some LEAPS puts but will buy in again Monday because everything about this is incredible. would be real cool if some of the big bank account f*cks here at ET joined the fun.
More...

For all the shit RH gets, I do love the fact it's democratized the market by giving access to millions so they can wreak havoc. It's a very "let them eat cake" moment for the establishment.
 
WSB is really getting many new investors to think the markets are minting Millionaires. I have a friend who just stumbled upon it this week and now riding the train with the rest of them. He opened up a robinhood account circa 2019 and has turned 6k into over 20k, believes markets only go 1 way and now since the crisis and seeing daily gains has no fear and only greed. It's happening, the markets are leading people by the masses into a false notion that markets only know one single way. UP.
 
Here4money said:
For all the shit RH gets, I do love the fact it's democratized the market by giving access to millions so they can wreak havoc. It's a very "let them eat cake" moment for the establishment.
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It is until the reversal comes and everyone blames the free trading accounts like robinhood on the reason why the markets are in a bubble. I'm telling you right this second that when the next collapse comes and the bubble goes pop that they will once again change the rules on smaller accounts. They changed it after the last bubble burst and will do it again. Rules will be changing after the next collapse and all these new traders realize the markets do drop into the abyss.
 
S2007S said:
WSB is really getting many new investors to think the markets are minting Millionaires. I have a friend who just stumbled upon it this week and now riding the train with the rest of them. He opened up a robinhood account circa 2019 and has turned 6k into over 20k, believes markets only go 1 way and now since the crisis and seeing daily gains has no fear and only greed. It's happening, the markets are leading people by the masses into a false notion that markets only know one single way. UP.
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Market's never change.
They'll (90% at least), will lose every penny.
The addiction to "one more fix"... one more score.

BB is all the rage.... "its gonna do a GME".
Yeah right.
Watch how this plays out.
 
zghorner said:
you seriously going to sell naked calls on this? I mean sure its overextended and sure its going to come down...eventually, but this thing could go ballistic before that happens. why not buy some calls instead and add to that gamma squeeze my man?

EDIT: before you reply, I understand IV is through the roof right now so Calls are retarded overpriced...seems like a great opportunity to sell them...and you may be right in doing so. I just believe it is going much higher before plummeting.
More...

Just a small sale, wouldn't wanna do anything bigger for a retail gaming stock that this.
 
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