Gamestop
How to profit from the next WallstreetBets Gamma SqueezePraise Wallstreetbets
How to profit from the next gamma squeeze?
Diversify into Stocks with strong short interest (Short Ratio) and watch WSB Discord + Reddit.
Why?
Because GME had about 120% short interest and after further investigation from WSB they found out that one of the major market participants who was shorting was Melvin Capital.
What helps is to just ask yourself which garbage company everybody knows but nobody understands how they stay afloat.
Crypto is in a Bubble: Prove me Wrong!Do you think crypto is in a bubble that will pop soon? Or is it still going much higher?
Tune into my live stream on Sunday January 31st at 5:30pm EST to respectfully discuss and debate!
SHARE YOUR OPINIONS AND QUESTIONS IN THE CHAT, they are encouraged and will be answered!
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Quick thoughts on GameStopI am not in GameStop to make any money. I purchased some shares of GameStop to make a point. To be real, in the initial hype I did not think anything of it, but post the Lord of the Sith shutting off access to Retail from buying... I saw the rules of the game break. Totally unpresented. In all of these years trading I have never seen a company only enable selling of a company. In the markets long history, if a commenter is aware of this happening (I'm sure it has had to happen at least once?!) please inform the community along with what happened post that?
This is really an amazing time in history and this position is monitored with upmost risk mgmt where it was burnt money in my mind before I longed it. I'm not selling, those shares are already burnt in my eyes. I'll hold them forever just to make a point.
When there are documentaries of this, if this position burns up and gets nuked. That fire will do nothing but warm my heart. I'm not recommending longing GME for any gains. I am longing it because of just principal post the rules changing mid battle.
GAME STOP HALKBANK $HALKB #HALKB Ipo price was %1000 more in 2008 ..
this GAME MUST STOP..
American BANKERS Wallstreet bankers shorted this stock to zero....
Lost %93 of value....
%1000 first ipo value
%1600 second ipo value.
%1600 gain can be... but must made by FREE PEOPLE...
Rise against wallstreet
WARNING! The biggest short seller of is “Goldman Sachs Hedge Industry VIP ETF” and I don’t know the other ones. But this one for example holds a lot of healthcare stocks (for example Change Healthcare Inc CHNG). So by buying GME some healthcare stocks, paypal, apple... etc. get at least under pressure. And a lot of stuff is invested in this etf. I couldn’t do the full research but higher prices in GME could destroy your saving on the bank or life insurances or… so nobody knows who really wins with higher prices. Maybe somebody can research that who really is losing here Please, before everything is to late. Maybe this was even on purpose to get rid of unpaid bill to the “regular” people. This ETF goes bankrupt and all the invested Money in this etf is gone! Can someone please make a full research! I wasn’t able to find it!
Just For Fun - What if you Risked 1000 bucks on GameStop in 2020Just for Fun, But You have to “Be In It To Win It” – Video walk through of GME Gamestop using the #xBratAlgo. On all of my videos I talk about entry and then trade management with our EMA Cloud. The 6* BUY signal from Summer 2020 on GME never took out the stop with EMA Cloud! Only Risking $1000 on this trade would have netted over $30 million Dollars…. #Crazy.
Retail Investors HELD THE LINE 1/29/21 Gamma Squeeze GMEWe are making History here!
Big Hedge Funds have shorted this company beyond the number of shares even available!
When we called them on it they tried every trick in the book and when that failed they threw the book away and shut down the game!
They tried to shut down our communications. They tried to discredit us. They tried to spread misinformation. They tried to cause panic selling.
When that didnt work they even stopped us from buying publicly traded stock on retail platforms!
But not only did we hold for every dip caused by more shady practices we bought the dip. Volume is critically low.
They have nowhere to go and mountains of debt that is increasing exponentially!
We have won the battle today and now the war has begun!
Here is my analysis for GME for the coming week. We have a huge Short Squeeze we are about to enter.
Not financial advice. I'm not a professional. Just a regular rocket scientist that likes this stock. I like it A LOT!!!
BOOM! GME recovers to $320 KLI called this earlier, I believe that GME stock is very valuable because games are fun and I hear that hedge funds are desperate for this stock because they think it's going to rise.
This is of course speculation but it just so happens that these trends aren't so hard to spot guys. Just buy GME and hold it for some time and the business will be able to start making acquisitions to cement its value. The sky's the limit; besides, you have an insurance policy! The hedge funds have committed to buying back your stock already :)
GME Looking Lunar?I couldn't help myself, so I did a little TA on GME.
It looks like we could consolidate and attempt to breakout of some sort of structure soon. It looks to be forming a descending triangle, which is typically bearish, but my whiskers are telling me there are too many factors and forces involved here for any amount of certainty.
The Fib levels give us an idea of a reversal zone on a pullback, and I generally consider the .5 to .618 area the reversal zone. I'll be hiding in the bushes and waiting to see if the top green support zone holds.
Here is the 30min chart for a little more detail.
This is an unprecedented situation, and I wanted to find as much objective reality as I could.
It's what werewolves do. Owhooooo!
GME BABY! HOLD TO THE MOON* short interest: 75.54% of float by Ortex, 113.31% of float by S3 Shortsight
* short share public availability: 0
Shorts are exiting their positions, but an amount of shares equal or almost equal to float is still shorted.
robinhood and other brokerages didn't have the capital to place buy orders at times yesterday.
Robinhood is apparently going so far as to liquidate GME shares in accounts that are not using margin trading(!) If you're still on robinhood, you should find a new broker ASAP.
Retail brokers who didn't blow up completely yesterday include:
* vanguard
* td ameritrade
* fidelity
Where is Gamestop Going Next?As I have spoke about before this is a blow off top, wave 5, and evening star formation. The price target is $17. Let me define a few things to put it in perspective.
1. Blow off top definition; Blow-off top patterns are common in securities where there is a lot of speculative interest. Prices rise, usually on positive news or on the prospect of good future news, such as future growth or the release of a positive drug trial, for example. As the price rises, more and more people get excited. More people also start to feel they are missing out, and they don't want to miss out anymore, so they buy. The higher the price goes, the number of people lured in to buy increases, and thus the higher the price and volume go. Blow-off top patterns are common in securities where there is a lot of speculative interest. Prices rise, usually on positive news or on the prospect of good future news, such as future growth or the release of a positive drug trial, for example. As the price rises, more and more people get excited. More people also start to feel they are missing out, and they don't want to miss out anymore, so they buy. The higher the price goes, the number of people lured in to buy increases, and thus the higher the price and volume go.
2. Wave five is the final leg in the direction of the dominant trend. The news is almost universally positive and everyone is bullish. Unfortunately, this is when many average investors finally buy in, right before the top. Volume is often lower in wave five than in wave three, and many momentum indicators start to show divergences (prices reach a new high but the indicators do not reach a new peak). At the end of a major bull market, bears may very well be ridiculed.
3. Evening Star; The Evening Star is a bearish, top trend reversal pattern that warns of a potential reversal of an uptrend. It is the opposite of the Morning Star and, like the morning star, consists of three candlesticks, with the middle candlestick being a star. The first candlestick in the evening star must be light in color and must have a relatively large real body. The second candlestick is the star, which is a candlestick with a short real body that does not touch the real body of the preceding candlestick. The gap between the real bodies of the two candlesticks is what makes a doji or a spinning top a star. The star can also form within the upper shadow of the first candlestick. The star is the first indication of weakness as it indicates that the buyers were unable to push the price up to close much higher than the close of the previous period. This weakness is confirmed by the candlestick that follows the star. This candlestick must be a dark candlestick that closes well into the body of the first candlestick.
The reliability of the evening star is enhanced if the third candlestick opens below the real body of the star leaving a gap between the real bodies of the star and the third candlestick. This, however, occurs very rarely. Reliability is also enhanced by the extent to which the real body of the third candlestick penetrates the real body of the first candlestick, and if the third candlestick has very little or no lower shadow. Finally, volume should also be considered as the pattern is more reliable if the volume on the first candlestick is lower and the volume on the third candlestick is higher.
Sound familiar? If it walks and talks like a duck it's probably a duck. Not shown is multiple similar bubble situations TLRY, SPCE, Bitcoin in 2017, etc. All bubbles burst. My advice is to get out immediately.
Crypto is a Bubble: Change my Mind!Do you think crypto is in a bubble that will pop soon? Or is it still going much higher?
Tune into my live stream on Sunday January 31st at 5:30pm EST to respectfully discuss and debate!
SHARE YOUR OPINIONS AND QUESTIONS IN THE CHAT, they are encouraged and will be answered!
www.tradingview.com
Gamestop is STOPPED.Next is $17We posted yesterday of a wave 5 blow off top that completed with a Wave A sell of now. Wave should be complete at around $319 already or close to it. The target for Wave C is $17 the 1.27 extension of Wave A and retracing the whole blow off to the bottom of Wave 4. This should happen very quickly in the few days. Especially with trading being halted.
$NAKR another Wallstreetbets stock$NAKR is another stock that is currently pumped up by WSB (Wallstreetbets) to destroy the shorts position by hedge funds in order to cause a short squeeze that will push price up.
A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price. Short-sellers borrow shares of an asset that they believe will drop in price in order to buy them after they fall.
If they're right, they return the shares and pocket the difference between the price when they initiated the short and the actual sale price. If they're wrong, they're forced to buy at a higher price and pay the difference between the price they set and its sale price. Short sales have an expiration date, so when a stock unexpectedly rises in price, the short-sellers may have to act fast to limit their losses.
So basically what's happening right now is that there is a reddit forum www.reddit.com that's trying to fight against institutional investors like hedge funds because they have been earning money off investors by shorting more than 100% for the available stocks which technically should not be possible. That said, this stock has not much fundamental value is definitely overvalued right now but its more of a movement to fight against the rich rather than just simply investing itself.