To each their GME

Today was a tough market for momentum growth. Just about everything I follow is in the red except for the highly speculative GME, AMC and (hopefully) CLOV stocks, which hit a high of 10.57 but couldn't sustain or push any further.
Much will depend on the WSB gang's determination to wrestle the stock price from the shorts in the short term, which is all I'm looking for here.
Read a WSB rallying cry for CLOV @100... I'll settle for 11.54. :D
 
VicBee said:
Today was a tough market for momentum growth. Just about everything I follow is in the red except for the highly speculative GME, AMC and (hopefully) CLOV stocks, which hit a high of 10.57 but couldn't sustain or push any further.
Much will depend on the WSB gang's determination to wrestle the stock price from the shorts in the short term, which is all I'm looking for here.
Read a WSB rallying cry for CLOV @100... I'll settle for 11.54. :D
More...
240,000 calls north of $10 were SOLD.... lol... wsb doesn't have a prayer of a chance.
And that # doesn't qualify as "meaningful" unusual option activity.
That's stupid folk with stars in their eyes.
Just callin' it like it is.
This thing will see the $8's soon enough my friend.
All those call buyers are gonna get the haircut from hell soon enough.
WSB's lol... guppies.

EDIT>>>>

vanzandt said:
It ain't goin' anywhere, you watch.
They'll run it up around $10, maybe a tad more, sell a gillion more calls, and then tank it right back down to the $8's where it will remain through May expiration. This will take a few days.
Mark this post.
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:rolleyes:
 
VicBee said:
Today was a tough market for momentum growth. Just about everything I follow is in the red except for the highly speculative GME, AMC and (hopefully) CLOV stocks, which hit a high of 10.57 but couldn't sustain or push any further.
Much will depend on the WSB gang's determination to wrestle the stock price from the shorts in the short term, which is all I'm looking for here.
Read a WSB rallying cry for CLOV @100... I'll settle for 11.54. :D
More...

Soon the wsb folks will give up giving the rallying cry.


anyway, it is easier to trade those stocks which have great interest, or are manipulated legally/illegally.
 
VicBee said:
Today was a tough market for momentum growth. Just about everything I follow is in the red except for the highly speculative GME, AMC and (hopefully) CLOV stocks, which hit a high of 10.57 but couldn't sustain or push any further.
Much will depend on the WSB gang's determination to wrestle the stock price from the shorts in the short term, which is all I'm looking for here.
Read a WSB rallying cry for CLOV @100... I'll settle for 11.54. :D
More...
Target 11.5? What's your stop, what % of your account do you have in this baby? Break a Leg.
 
easymon1 said:
Target 11.5? What's your stop, what % of your account do you have in this baby? Break a Leg.
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Minute amount, everything is in AMC... ;) just kidding! But yes, very little. This was meant to be a few days hold for a quick buck (2500 shares@8.54) which turned into something longer than I wanted to. I put a sell order @10.54 as it hit 10.57 but it dropped faster. I'm in no hurry and will wait for the next surge to cash in, this time maybe 11.54...
 
April 19, 2021 04:19 PM ET (BZ Newswire) -- Long Ideas

Clover Health Investments Corp (NASDAQ:CLOV) is up 28% from Wednesday’s close due to three factors that are aligning:

News: Clover Health has become a top target in the r/WallStreetBets Reddit community.

Short Interest: As of Friday, the short interest in Clover Health stood at 36%, with 89,341,692 of 248,802,100 shares being short volume.

The Chart: The stock found a new bottom and began trading sideways, indicating an accumulation of shares was taking place.

When a number of factors align on a stock, a large move can occur more easily, and on Monday morning some options traders noticed the stars were aligning for beaten-down Clover Health and bet more than $419,732 that the stock is going higher.
 
VicBee said:
and bet more than $419,732 that the stock is going higher.
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There was waaaaay more dollar volume in those options than that. I think the author meant contracts and not dollars.

Overnight said:
Is exercising a call option ( to call shares to you) considered the same as selling the option outright?
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I don't understand the question. Exercise the option you get the shares, sell a contract and someone else has the right to have you provide them the shares at that strike.
This is not rocket-science ON.
 
maxinger said:
Soon the wsb folks will give up giving the rallying cry.


anyway, it is easier to trade those stocks which have great interest, or are manipulated legally/illegally.
More...

wsb folks gave up their rally cry already?
 
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