GME up over 100%.... what is going on now?

Discussion in 'Stocks' started by Saltynuts, Feb 24, 2021.

  1. JSOP

    JSOP

    Don't forget restricted buying. RH will be first in line to announce it no doubt. I will be waiting for the notices from IB. LOL
     
    #31     Feb 24, 2021
    SteveM likes this.

  2. Yes, way up. I was thinking I'm a genious lol.
     
    #32     Feb 24, 2021
    zghorner likes this.
  3. JSOP

    JSOP

    Yikes. You didn't hedge?? Always hedge. Don't be like Melvin Capital. Anyway you will make it back. Trust yourself!
     
    #33     Feb 24, 2021
  4. KCalhoun

    KCalhoun

    I was happy to sell my remaining GME for a profit at 82 right after the close, since it was halted right before 4. Of course it runs much more without me, sigh. I'm not patient enough grŕr lol
     
    #34     Feb 24, 2021
  5. S2007S

    S2007S


    You will be way up again. Just hold tight for about a week or 2
     
    #35     Feb 24, 2021
  6. Millionaire

    Millionaire

    But at what price does he become insolvent?
     
    #36     Feb 24, 2021
    zghorner likes this.
  7. zghorner

    zghorner

    yea that's the big question...can someone whos short handle $400/sh again?
     
    #37     Feb 24, 2021
  8. S2007S

    S2007S


    As long as he has some dry powder to stay in the game he will win this.

    Gme is a worthless stock. It has zero fundamentals. I'm shocked it's still above 10.

    The stock will sell off back below 50 guaranteed!!!!
     
    #38     Feb 24, 2021
  9. SteveM

    SteveM


    Respectfully....this is advice that could lead to someone jumping out of a building one day.

    Shorting GME might make perfect sense, but this is the biggest meme stock in history.....I've never seen anything like it. Which means I have no idea what could happen. We could wakeup tomorrow and this thing could be sitting at $2000 per share for all we know.

    Naked shorting is always dangerous. In this case it is very likely suicidal.
     
    #39     Feb 24, 2021
    ITM_Latino, Amatrue, zghorner and 2 others like this.
  10. On a side note...Jim Cramer may actually be the first live meme. A kind of bobble head with a beard. A kind of front man for all the evil in this world.
     
    #40     Feb 24, 2021
    Millionaire likes this.