Stock Market/Investing

[PaytonHighstep]

Gme almost 250 lol. Wtf?

My friend who started with $14k in stock and call options 3-4 weeks ago is up to $120k. That was before the $250 spike after hours...

 

[Hawkeye OG]

Gme almost 250 lol. Wtf?

It's a short squeeze

 

[Anytime23]

I wish someone would have told me yesterday before i sold most of my AMC that these fools were going to start pumping the shit out of it.

 

[Hawkeye OG]

Anyone post on r/Wallstreetbets? Essentially the group of ppl responsible for GameStop. I was reading a bit over there, they are fucking crazy lol

 

[ijustposthere]

Anyone post on r/Wallstreetbets? Essentially the group of ppl responsible for GameStop. I was reading a bit over there, they are fucking crazy lol

Nah, but I've seen some of their shit. It is pretty fucking hilarious. r/Wallstreetbets gave us this buffett protege:

 

[Hawkeye OG]

Nah, but I've seen some of their shit. It is pretty fucking hilarious. r/Wallstreetbets gave us this buffett protege:

I have buddies waiting to drop a couple Gs into GME tomorrow morning. I think they are fucking crazy. Once a couple of the big WSBs guys decide to pull out, it’s going to drop fassssssst.

WSBs is saying the are holding for a long time and sticking it to Wallstreet for shorting it lmao. Shit is nuts.

 

[ijustposthere]

And it looks like people are a little upset about it lol

Is GameStop's surge market manipulation by a mob of Reddit users, a savvy group of investors --- or both?

GameStop is up over 400% in January.

www.marketwatch.com

 

[PaytonHighstep]

Yeah my buddy bought into the long term potential of this and I’m not seeing it. GME could drop faster than the pop up.

AMC doubled since market close yesterday. There’s some who think this is the next GME. We’ll find out soon enough.

 

[Anytime23]

Anyone post on r/Wallstreetbets? Essentially the group of ppl responsible for GameStop. I was reading a bit over there, they are fucking crazy lol

I tried taking a look at it the other day but it was such a major shit show.

 

[Hawkeye OG]

And it looks like people are a little upset about it lol

Is GameStop's surge market manipulation by a mob of Reddit users, a savvy group of investors --- or both?

GameStop is up over 400% in January.

www.marketwatch.com

My favorite tweet I've read so far:

'Oh no the wrong people are manipulating the stock market' lmaoooooooooooo

 

[Hawkeye OG]

Yeah my buddy bought into the long term potential of this and I’m not seeing it. GME could drop faster than the pop up.

AMC doubled since market close yesterday. There’s some who think this is the next GME. We’ll find out soon enough.

After going down the rabbit hole last night, I decided to buy AMC at 8 because of FOMO. Checked this morning and it was up to 16 after market.

GME was up to 242 last I checked. Reading WallStreetBets, all those guys are holding until it hits 1,000 lol. Can you imagine? GME is literally the next BlockBuster lol so this really makes no sense. Although Melvin Capital never should have shorted it at $4. lol **** em

 

[Anytime23]

After going down the rabbit hole last night, I decided to buy AMC at 8 because of FOMO. Checked this morning and it was up to 16 after market.

GME was up to 242 last I checked. Reading WallStreetBets, all those guys are holding until it hits 1,000 lol. Can you imagine? GME is literally the next BlockBuster lol so this really makes no sense. Although Melvin Capital never should have shorted it at $4. lol **** em

Honestly, seeing how they've pushed GME, it almost makes me want to yolo and hold the rest of my AMC until 100.

 

[Anytime23]

GME 325.

Edit: 360

 

[Hawkeye OG]

This is hilarious and also ridiculous at the same time lmao

 

[ijustposthere]

This is hilarious and also ridiculous at the same time lmao

It's funny how pissed people are about it. I mean, what are you going to do, investigate reddit users?

'Big Short' investor Michael Burry blasts Reddit-fueled GameStop rally as 'unnatural, insane, and dangerous'

"What is going on now - there should be legal and regulatory repercussions," the Scion Asset Management boss tweeted.

markets.businessinsider.com

 

[zack54attack]

This is fucking nuts lol

 

[ijustposthere]

After going down the rabbit hole last night, I decided to buy AMC at 8 because of FOMO. Checked this morning and it was up to 16 after market.

GME was up to 242 last I checked. Reading WallStreetBets, all those guys are holding until it hits 1,000 lol. Can you imagine? GME is literally the next BlockBuster lol so this really makes no sense. Although Melvin Capital never should have shorted it at $4. lol **** em

I tried this morning, but everything kept crashing. Now it's $17 and I'm like, eh.

 

[Scoot26]

It's funny how pissed people are about it. I mean, what are you going to do, investigate reddit users?

'Big Short' investor Michael Burry blasts Reddit-fueled GameStop rally as 'unnatural, insane, and dangerous'

"What is going on now - there should be legal and regulatory repercussions," the Scion Asset Management boss tweeted.

markets.businessinsider.com

Without reading the whole article and just going off the "unnatural, insane, and dangerous" I would agree he's right.. but much of what billionaire investors do can use the same description of "unnatural, insane, and dangerous".

 

[ijustposthere]

This is fucking nuts lol

The volume on amc is insane lol

 

[ijustposthere]

Without reading the whole article and just going off the "unnatural, insane, and dangerous" I would agree he's right.. but much of what billionaire investors do can use the same description of "unnatural, insane, and dangerous".

You can describe the current market run-up in a pandemic the same way.

Also reading the market is down some today because of this fuckery.