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Post by Trades on Jan 26, 2021 16:41:12 GMT -5
Anyone watching Gamestop stock? Went up like a rocket and has doubled in after market trading today and it is all just baseless speculation. No news, profits, products, innovations, etc...
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Post by shakin on Jan 26, 2021 16:45:09 GMT -5
Anyone watching Gamestop stock? Went up like a rocket and has doubled in after market trading today and it is all just baseless speculation. No news, profits, products, innovations, etc... some whales gonna get fat and a shit ton of average joes gonna go FOMO broke |
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Post by Trades on Jan 26, 2021 16:45:46 GMT -5
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Post by shakin on Jan 26, 2021 18:11:33 GMT -5
lol gamestop will never generate enough revenues to justify a 6 billion dollar market cap. it's the blockbuster video of the gaming world
robinhood/reddit meme 'investors' pumped it for the lulz and to fuck with the shorts, but it'll be every man for himself soon when they all rush to take profits before the other guy, and gme crashes and burns
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Post by Trades on Jan 26, 2021 18:18:43 GMT -5
lol gamestop will never generate enough revenues to justify a 6 billion dollar market cap. it's the blockbuster video of the gaming world robinhood/reddit meme 'investors' pumped it for the lulz and to fuck with the shorts, but it'll be every man for himself soon when they all rush to take profits before the other guy, and gme crashes and burns Yeah there is a better chance of gamesstop going out of business than ever supporting that kind of investment. |
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Post by southparkcpa on Jan 26, 2021 18:33:50 GMT -5
lol gamestop will never generate enough revenues to justify a 6 billion dollar market cap. it's the blockbuster video of the gaming world robinhood/reddit meme 'investors' pumped it for the lulz and to fuck with the shorts, but it'll be every man for himself soon when they all rush to take profits before the other guy, and gme crashes and burns Yeah there is a better chance of gamesstop going out of business than ever supporting that kind of investment. TRUMPS FAULT |
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Post by vin on Jan 26, 2021 18:37:42 GMT -5
I know this is unlikely but I can't help but think that since their work is done, Antifa cucks are back in their mom's basement playing Call Of Duty and ordering other games from GameStop.... |
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Post by RobR on Jan 26, 2021 19:56:04 GMT -5
lol gamestop will never generate enough revenues to justify a 6 billion dollar market cap. it's the blockbuster video of the gaming world robinhood/reddit meme 'investors' pumped it for the lulz and to fuck with the shorts, but it'll be every man for himself soon when they all rush to take profits before the other guy, and gme crashes and burns And good luck getting their orders through when it halts every minute. I played GNUS over a three day span earlier and it was tough getting out, although I was able to dump at $12 when I was buying at $3 a few days earlier. Nothing like chasing those volume darlings. |
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Post by shakin on Jan 26, 2021 20:38:13 GMT -5
the lulz/reddit/robinhood "eat the shorts" crowd is going to pick one or more of the companies on the list below,. to buy up/pump up in the coming days. big money shorts see the game now and don't want to get fucked like some of their friends did with gamestop (so far)... expect a lot of them to start getting out of their short positions where they stand right now, which means they are buying the stock, which means those prices go up, which will bring in the FOMO crowd.... talk about bubbles
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Post by shakin on Jan 26, 2021 23:17:31 GMT -5
these boys playin a game
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Post by shakin on Jan 27, 2021 2:18:39 GMT -5
holy shit. these boys took down melvin capital, a hedge fund with ties to new mets owner steve cohen. in fact, cohen helped inject like 2.5 BILLION to help keep melvin solvent a couple days ago... this was after gamestop went up just eleven dollars. it has gone up over $160 since then, which means cohen lost that $2.5 billion, and due to a short position it couldn't get out of, melvin is fucked. definite bankruptcy. there are a shit ton of people and firms that look for dying companies like gamestop and think they can make an easy buck by shorting their stocks. this reddit group just proved they can blow up any one of those shorts they want to, and who knows who they'll target next. this is gonna have all that short money trying to get out of their short positions ASAP so as not to be the next melvin... which means there's gonna be a ton of stocks being bought by them in the near term, which will look like massive bull days for the market. it's just panic buying to limit their exposure. interesting twist... melvin was famous for shorting tesla...when elon musk saw what was happening with gamestop (and knowing melvin's big short position on it), he tweeted out one word, "Gamestonk!" which sent the fucking price soaring and not only twisted the knife in melvin, it fucking burned/nuked/meatgrinded/annihilated the hedge fund all fun and lulz now, but this is the kind of shit that will make the s.e.c. start trying to ban retail investors and limit trading to "accredited" traders, to 'preserve the sanctity of the market blah blah blah' amazing times |
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Post by jay57 on Jan 27, 2021 8:12:39 GMT -5
holy shit. these boys took down melvin capital, a hedge fund with ties to new mets owner steve cohen. in fact, cohen helped inject like 2.5 BILLION to help keep melvin solvent a couple days ago... this was after gamestop went up just eleven dollars. it has gone up over $160 since then, which means cohen lost that $2.5 billion, and due to a short position it couldn't get out of, melvin is fucked. definite bankruptcy. there are a shit ton of people and firms that look for dying companies like gamestop and think they can make an easy buck by shorting their stocks. this reddit group just proved they can blow up any one of those shorts they want to, and who knows who they'll target next. this is gonna have all that short money trying to get out of their short positions ASAP so as not to be the next melvin... which means there's gonna be a ton of stocks being bought by them in the near term, which will look like massive bull days for the market. it's just panic buying to limit their exposure. interesting twist... melvin was famous for shorting tesla...when elon musk saw what was happening with gamestop (and knowing melvin's big short position on it), he tweeted out one word, "Gamestonk!" which sent the fucking price soaring and not only twisted the knife in melvin, it fucking burned/nuked/meatgrinded/annihilated the hedge fund all fun and lulz now, but this is the kind of shit that will make the s.e.c. start trying to ban retail investors and limit trading to "accredited" traders, to 'preserve the sanctity of the market blah blah blah' amazing times For all of us non-financial geniuses what is to be taken away from this? The Internet is the devil? We should go back to ticker tape days? |
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Post by Trades on Jan 27, 2021 8:17:50 GMT -5
Seems like this is revenge for short selling a company with a bad game?
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Post by BEAC0NJET on Jan 27, 2021 9:57:47 GMT -5
holy shit. these boys took down melvin capital, a hedge fund with ties to new mets owner steve cohen. in fact, cohen helped inject like 2.5 BILLION to help keep melvin solvent a couple days ago... this was after gamestop went up just eleven dollars. it has gone up over $160 since then, which means cohen lost that $2.5 billion, and due to a short position it couldn't get out of, melvin is fucked. definite bankruptcy. there are a shit ton of people and firms that look for dying companies like gamestop and think they can make an easy buck by shorting their stocks. this reddit group just proved they can blow up any one of those shorts they want to, and who knows who they'll target next. this is gonna have all that short money trying to get out of their short positions ASAP so as not to be the next melvin... which means there's gonna be a ton of stocks being bought by them in the near term, which will look like massive bull days for the market. it's just panic buying to limit their exposure. interesting twist... melvin was famous for shorting tesla...when elon musk saw what was happening with gamestop (and knowing melvin's big short position on it), he tweeted out one word, "Gamestonk!" which sent the fucking price soaring and not only twisted the knife in melvin, it fucking burned/nuked/meatgrinded/annihilated the hedge fund all fun and lulz now, but this is the kind of shit that will make the s.e.c. start trying to ban retail investors and limit trading to "accredited" traders, to 'preserve the sanctity of the market blah blah blah' amazing times For all of us non-financial geniuses what is to be taken away from this? The Internet is the devil? We should go back to ticker tape days? Shows the power of reddit and the internet for sure. People have been shorting bad companies forever, but this reads like an organized mass effort and as mentioned above, a game. Im hearing Nokia and Blackberry also? |
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Post by Trades on Jan 27, 2021 10:03:27 GMT -5
For all of us non-financial geniuses what is to be taken away from this? The Internet is the devil? We should go back to ticker tape days? Shows the power of reddit and the internet for sure. People have been shorting bad companies forever, but this reads like an organized mass effort and as mentioned above, a game. Im hearing Nokia and Blackberry also? AMC is a moving. There is a list of about 20 potential companies they were going to push next. |
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