GameStop : GME

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Naffman
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Euler wrote: ↑
Thu Feb 04, 2021 11:21 am
I think the interesting thing for me in episodes like this, is that I've seen in all before and there is little or nothing, especially in this era, that you can do to stop people being stupid. So I'll just base my decision on what I think the masses will do.
I remember when Bitcoin was in the media 24/7 and there were adverts everywhere about it and it was only at $5k, it's now almost $40k. People see BTC far exceed its price when the media hype was similar to this stock and think GME might end up there as well.
jamesg46
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It's had a few rough day's now... obviously people are still holding it... seems like they're gonna be in it until the end, feels a little silly, it seems obvious that their plan worked but is now reverting.... they had some good chances to make loads of cash.
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Euler
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Nobody wants to lend stock on it at the moment, so it may get stuck in a range for a while without additional selling pressure I guess?
jamesg46
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I think you're spot on... especially with most people shaken out on the long side and the wsb momentum in regards to attention from msm etc seems to have slowed down... probably a slow grind to it's death now.
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Euler
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Y, I'd agree with that.

We need to find the next GME now!
jamesg46
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LIZI?
jamesg46
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Been moving for days now. Doubt it''ll be spectacular but the backside has to be soon, surely?
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ruthlessimon
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Euler wrote: ↑
Thu Feb 04, 2021 2:48 pm
We need to find the next GME now!
YOLO

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jamesg46
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ruthlessimon wrote: ↑
Thu Feb 04, 2021 5:06 pm
Euler wrote: ↑
Thu Feb 04, 2021 2:48 pm
We need to find the next GME now!
YOLO

πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

πŸ’ŽπŸ’ŽπŸ’ŽπŸ’ŽπŸ’ŽπŸ’ŽπŸ’ŽπŸ’ŽπŸ’ŽπŸ™Œ

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:lol:
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Euler
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GameStop off 90% from highs now.
jamesg46
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RH have lifted restrictions on GME and AMC, it'll be interesting to see what price action that leads to (if any) - interesting to me because WSB are pumping the info over sm when only a week ago they were calling for a boycott.... now it's a Thunderbirds are go sort of narrative.

It's a similar situation chip shops have... "hot surface, do not touch" - customer, touches anyway, result burnt fingers.
jamesg46
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NickH
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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
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Euler
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It's hilarious, but also this sort of extreme volatility often shows speculation is rampant and the top of the market probably isn't far away.
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ShaunWhite
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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.
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