GameStop : GME

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Euler
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Bond yields are marching up. It's all lining up for a market top.
arbitrage16
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ShaunWhite wrote:
Thu Feb 25, 2021 4:44 pm
NickH wrote:
Thu Feb 25, 2021 4:02 pm
Here we go again. End of the month is when options expire, so they are trying to screw the hedge funds over one more time :D
Yes hilarious init... "the hedge funds" are the institutions that are managing our pensions and the NHS trusts' funds. I wish jokers like this would stop fckin around like it's all a big game.
You think hedge funds are shorting GME with NHS money? Nah, most of those are nice safe index funds and ETFs, who will benefit from the cheap shares they purchased during this week's sell off, which was caused by....GME.
jamesg46
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Euler wrote:
Thu Feb 25, 2021 4:48 pm
Bond yields are marching up. It's all lining up for a market top.
I'm of the opinion that the drop from the top is going to be one heck of a way down.
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ruthlessimon
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Stocks down, bonds down, gold down, crypto down, GME up! :lol: :?
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jimibt
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ruthlessimon wrote:
Thu Feb 25, 2021 9:14 pm
Stocks down, bonds down, gold down, crypto down, GME up! :lol: :?
in truth, 100% increase one day, 50% plummet the next -all good if you're all auto'd up.

i casually laugh at 100% profit when I think about my £2 stakes on some strageies pulling in 12-15 points on a good day and maybe losing 6-8 on a bad day. if you play to the gallery (i.e. market tolerances) on BF, you can make decent gains across a number of disciplines...
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ruthlessimon
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GME @ $350 again
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Euler
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ruthlessimon wrote:
Wed Mar 10, 2021 5:16 pm
GME @ $350 again
Crazy markets
arbitrage16
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Opportunities galore elsewhere.
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Euler
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Meme stocks are roaring again. Just bizarre, it's clear a lot of people haven't a clue what they are doing.
A frenzy of buying of AMC Entertainment stock triggered several trading halts Wednesday, with meme-stock traders fueling a surge of more than 100%.

Trading was halted several times for brief periods as shares changed hands at a brisk pace. More than 500 million shares have been exchanged so far Wednesday. Its 30-day average volume is 143 million shares.

At one point, AMC’s price peaked as high as $72.62, far above its previous intraday high of $36.72, which occurred on Friday. Its closing record is $35.86, set on March 23, 2015, according to FactSet data.
jamesg46
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Have you got your shorts ready to take a dip into the flow of value?
arbitrage16
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Euler wrote:
Wed Jun 02, 2021 6:50 pm
Meme stocks are roaring again. Just bizarre, it's clear a lot of people haven't a clue what they are doing.
I wouldn't class hedge funds as 'a lot of people'. Thankfully it's a smaller bunch of incompetents.
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Kai
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What I call advanced charting :o (Open the image in a new tab if you want to see the details)

Image
arbitrage16
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BuT iTs a fAiliNg bRicKs anD mOrtar bIz
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Euler
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I think it's interesting to see how each generation gets caught up in these sorts of things. Price action isn't an investment, it's pure speculation. But every ten years or so I see a different sector or theme develop where people seem to think they can defeat fundamentals. But fundamentals ALWAYS play out in the long term. Short term the market is a voting machine, long term a weighing machine.
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