01-27-2021, 11:50 AM | #5897 | ||
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Turkish Pickle3084.00 |
01-27-2021, 11:56 AM | #5899 |
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Devils advocate: problem is this may happen to a 'good' company, resulting in whatever negative consequences to what could otherwise still be a sustainable business. Also torpedoes lending, margins, etc.
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01-27-2021, 01:00 PM | #5900 | |
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01-27-2021, 01:05 PM | #5901 | |
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The number of outstanding short shares is still out there, and as long as people are still trying to cover those short positions it will go up. I would expect Friday to be a complete meltdown but either and joy the run up til then or sit back and watch the fireworks.
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01-27-2021, 01:55 PM | #5902 | |
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01-27-2021, 01:56 PM | #5903 | ||
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01-27-2021, 02:14 PM | #5905 |
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My gut is telling me that $340 is a hard ceiling this afternoon.....
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01-27-2021, 02:20 PM | #5906 |
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01-27-2021, 07:17 PM | #5908 |
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01-27-2021, 07:36 PM | #5909 |
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Well, didn't expect the dirty shenanigans today. They're on the ropes and pulling out all the stops. Tomorrow is going to be extremely interesting.
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01-27-2021, 08:01 PM | #5910 |
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Me thinks that the GME music has stopped, and I don't have a chair to sit in.
I'm only in for one share @ $270 from my family's 4-generation stock market play account, which is money that I already consider lost from the day that I inherited the account.....
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01-27-2021, 08:19 PM | #5911 | |
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(and for me, my limit sell will be set to something like $1000/sh, I want a new BMW ) That stop loss raid after hours just angered everyone and is bringing more money IN to buy it up... going to get crazy! |
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01-27-2021, 08:42 PM | #5912 | |
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01-27-2021, 09:34 PM | #5913 |
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01-28-2021, 12:18 AM | #5915 |
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Latest reports say 122% is short. Meaning there's 22% outstanding even if Melvin had all of GME by himself, basically.
Make whatever you want of that, but keep in mind supply and demand is a natural thing. |
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01-28-2021, 12:29 AM | #5916 | |
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We are just getting ready for takeoff when the shorts have to actually cover
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01-28-2021, 12:32 AM | #5917 | ||
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I like your conviction I am waiting for the rest of my deposit to clear Hopefully I can add some more shares The real fireworks should happen next week I'm only holding a few dozen shares so I'm strapping myself to the rocket and going for it
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