Yet another GME thought

[qlai]

So I start hearing some retail traders shorting GME now. This makes me think ...
1. The hedge funds must have already got out and will not establish new short positions.
2. The diamond hands still holding.
3. Retail paper hands shorting after huge dump.
4. The company can create buzz and has some good people on board.

Maybe I am getting caught up in this craziness, but I see no reason why WSB cannot squeeze these new short players to the moon.

I bought 100 shares GME for fun at the close today. I may avg down some more, but I need to promise myself to hold at least 100 shares to either zero or $1000

 

[Pekelo]

Look up the history of manias. The chart has been pretty much completed. The show is over. There will be some fluctuations as it goes lower, but this puppy shouldn't cross $100 ever again.

 

[S2007S]

The show is over....i tried shorting this so many times above 300 and wasn't able to on any broker I traded with. I was lucky to short that Monday the day it drove up to around 150 or so to only drop straight back down below 100 where I covered only to see it go straight to 500 in a few days time.....the fun is done..was a cool stock to watch and trade but now it's down from here. Going back to single digits for good.

 

[OptionsOptionsOptions]

• No more get-rich-quick trading opportunities in GME.
• When you notice the next stock it will also be too late.

 

[maxinger]

Be thankful to
the hedge fund managers, diamond hands, carbon hands, WSB,
Reddit users, Retail paper hands, Robinhood, regulators,
legit manipulators, illegal manipulators, fake manipulators, investors,
and many many others.

These people are creating excellent trading opportunities
for the day traders.

More trading opportunities, please!
Thank you so much !

 

[schizo]

So I start hearing some retail traders shorting GME now. This makes me think ...
1. The hedge funds must have already got out and will not establish new short positions.
2. The diamond hands still holding.
3. Retail paper hands shorting after huge dump.
4. The company can create buzz and has some good people on board.

5. It turns out WallStreetBets is a front for the hedge funds.

 

[wildchild]

The show is over....i tried shorting this so many times above 300 and wasn't able to on any broker I traded with. I was lucky to short that Monday the day it drove up to around 150 or so to only drop straight back down below 100 where I covered only to see it go straight to 500 in a few days time.....the fun is done..was a cool stock to watch and trade but now it's down from here. Going back to single digits for good.

Why would you short it?

 

[wildchild]

5. It turns out WallStreetBets is a front for the hedge funds.

Probably not. Thats not to say some hedgies didnt help them out. In fact, that is the more plausible of the circumstances.

I have heard for quite awhile how the WallStreetBets/Robinhood/Yolo group has been pushing the market on quite a few major stocks and industries. Until you show me that threw trillions into the market, I aint buying it.

Thats not to say, I dont hope a bunch of them made out like bandits.

 

[zghorner]

5. It turns out WallStreetBets is a front for the hedge funds.

i could very easily see some smart hedgies realizing this potential and how to manipulate it to their advantage.

 

[qlai]

i could very easily see some smart hedgies realizing this potential and how to manipulate it to their advantage.

I think no legit money manager will touch this thing with a stick, short or long. The Spotlight is too bright. So it’s retail vs retail, and I am leaning long.