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Talking stocks, trading, and investing in general

Piobaire

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javyn

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These dudes are berserk! I love it!
 

jbarwick

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Popping to $170s after hours on 3M plus vol. Melvin will have nothing left tomorrow
 

javyn

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Is it too late to buy into Gamestop
 

javyn

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I just looked at the sub; these guys really are crazy. They are not only holding but adding to their positions.

Now it's getting segments on Fox News. I don't know if this is over yet lol
 

brokencycle

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*insert 'free markets!!' quote here*

Isn't the circuit breaker a NYSE/Nasdaq feature? IE done by private actors seeing both exchanges are owned by corporations?
Is it too late to buy into Gamestop
No, I hear it is going to the moon. Put your whole paycheck in. Those billionaires using other people's money can't ride this out.

These dudes are berserk! I love it!
They're going to be so crushed.
 

jbarwick

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The stock is up 40% 50% AH on 8.5M. There has to be a ton of shit going on. No way WSB has that kind of volume....Next thing you know Medallion Fund was responsible for half of this...
 

brokencycle

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Again, I do want to see the data. My gut says someone is making a lot of money on this, but it isn't the wsb guys with their handful of shares.

Edit:
The stock is up 40% 50% AH on 8.5M. There has to be a ton of shit going on. No way WSB has that kind of volume....Next thing you know Medallion Fund was responsible for half of this...
Agreed. The volume the other day was a full year's trading volume. Reddit alone doesn't explain anywhere near that much.
 

javyn

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jbarwick

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GME was a small cap stock to start the year and is now considered large cap because it is worth $10B.
 

brokencycle

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Just one paycheck?



Oh yeah somebody is.
I know you're not a regular here, so you don't know my standard advice that you should always triple leverage. So one paycheck should do nicely in a triple leverage scenario.

Just remember though, if the stock starts going down, you need to average down. Just keep buying that dip to bring your average cost basis down. That's the most important part.
 

javyn

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Hell yeah $1k PPS here I come baby.
 

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