Go long XSVMXSVM is an excellent ETF to give you exposure to a large variety of quality small-cap stocks. It has a low expense ratio and has a good set of holdings. Its largest holding is Gamestop, but the pain should sort itself out over the next week. I would start a position in this and continue to load the boat as it approaches the lower end of the trend line.
The small-cap value area of the market should do well in the years to come, the imminent stimulus bill should throw some more gasoline on the fire.
This is a long-term hold, 3-5 years at least. It should work out relatively short-term, say to the end of 2021; but this is an investment vehicle that is best to average into overtime for long-term gains and appreciation.
Gamestop
GameStop $440 in premarket GameStop GME, the video-game retailer that is closing shops because of Covid and became famous now with it's association with the Reddit message board-fueled retail attack on institutional short sellers has just touched $440 in premarket trade.
The loss-making retailer was priced at around $19 heading a few weeks ago and $60 last week before storming higher.
GameStop has become the poster child for the 2021 stock market and its incredible volatility and speculation. The stock has gained 1,700% in January, causing pain to short-sellers. A trade like none we have seen before.
The huge moves in GameStop (GME) stock have been, very clearly, the result of a short squeeze. A squeeze is a phenomenon that can occur after big gains happen in a stock that, in turn, cause mounting losses for short sellers who are forced to cover their positions.
Even Investopedia had to rewrite their short squeeze articles.
WHAT'S NEXT?
People hunting for the next Short-squeezes will be a new hobby to many. Especially young traders, normally those who are currently on Instgram and Telegram groups about cryptos.
What I would also expect is the SEC coming out with some new circulars.
ps. I heard about this on Youtube but for sure there will be a film about all this in a few years. Title ' The Big Squeeze' 🙈
$GME gamestop rallyHere are some of the stocks getting pumped right now. Enter at your own risk because this is super super risky.
$GME, $BB, $BBBY, $AMC, $PLTR, $NOK, $NAKD
$GME gamestop has been getting pump for a long time now. Individual investors — particularly on the Reddit chat forum “WallStreetBets” — began buying GameStop shares and encouraging others to do so. GameStop's shares are now up nearly 1,700% so far in 2021 -- and it's still January. An epic short squeeze is believed to be fueling the rally -- one led by an army of individual traders that are using social media sites like Reddit and Twitter to coordinate their strikes against short-sellers.
By buying heavily shorted stocks en masse, these bear slayers are driving up their price. Short-sellers, in turn, are suffering staggering losses. To stem the bleeding, many short-sellers including multibillion-dollar hedge fund Melvin Capital have been forced to exit their positions. This requires that they buy back the stock they sold short, which has likely helped to drive GameStop's price even higher.
GameStop - STOPReached a potential Top
As im caught up in the hype I will publish accordingly
I believe this is a black swan event that will blow off
Much like the euphoria from DOGE's pump a few weeks ago
It can be clearly seen it went for a bullish break (in the green box) after cracking the downtrend
THE NEW NEFLIX OF VIDEO GAMESshort until 175$ after that bullish
the next earning report will be the 1 april.
they will annonce a split 7 to 17 i dont know yet how much it will be the split number.
share outstading. 61M and market cap 21 BILLIONS!!!
Netflix have 434M share out. 231B market cap
microsoft is the new power of internet. they have a contract with game stop. { CLOUD }
even if apple , youtube , amazon and much more. the big power of movies app is netflix. good reputation.
it will be the same for game stop!
PLEASE COMMENT YOUR IDEAS! THANKS
The end of an eraFor years short sellers had their fun. They do fundamental research, short, and then let everyone know. They don't hold back on fear mongering.
And this worked for years. But nothing works forever. The US are entering bubble area and money is being thrown at stocks left & right.
Massive & highly advertised short positions lead to short squeezes, and it is happening more frequently. It had to backfire eventually.
The price of GME rallied after the WSB forums decided to aggressively buy if you didn't know.
Laws on market manipulation are not very clear, what WSB did might get considered illegal or it might not.
Regulators might try coming up with something against it, or maybe not since they only act when price went down, if price went up (legally or not) they never care.
As everything else this won't work forever, regulators or not, I would be surprised it worked more than a few times.
I am seeing people say "learn a lesson that you should never short anything", that's a pretty "dumb money" thing to say.
What I would get out of this is don't ever get complacent, and avoid something if too many people are doing it/know about it.
GME short interest was over 100% and they screamed on roofs they were all in short. Really asking for it...
It's always fun to try and catch the market peak and with all the taxi drivers giving people stock tips it might not be very far, but there are a lot of variables, and I do not think it will be obvious (maybe it will).
Maybe cautious Wall Street guys will give up and just end up going all in with leverage.
I could not tell if the top is months away or years away, maybe it goes back and forth with a China culture war to replace the trade war fluctuations.
We might not get a clean top and crash at all, but rather something really choppy and bad, or the price could keep going up like the Venezuela, Argentina, and Zimbabwe stock markets. Crash while going up.
A possible good play some might want to consider is to short the more bad companies (that are not crowded, nice and under the radar), and buy the better ones.
When the crash comes these shorts would cover losses.
Forex has been quite a choppy unpredictable mess for me for the past 3 months, maybe everyone is too busy getting into crypto & stocks? Follow the money.
Follow the whale. The casual retail millenial whale. Until they run out of money. I don't think we are at max euphoria yet, but it can't be very far.
YOLO! THE CASINO IS OPEN.You Only Live Once! That's the sort of sentiment that's driving Gamestop north like nobody's business.
GME share price rocketed only because a bunch of Robinhoods pumped it. Then some guy who builds rockets tweeted about it, and it moved madly more north than ever.
Billions were lost by short sellers, and they then turned long joining a load of other late comers. Price when to 'the moon' and may reach MARS next stop - some say. 🤦♂️
There is nothing of fundamental value matching GME's share price. Market value has hit $10 Billion for what? Nothing. Robinshoods were quite open about it that they just got onboard, driven by FOMO and YOLO.
There is much to be learned in this one. How? Because similar forces are driving the DJI and Tech indices in America. DJI current value exceeds true value by about 20 times.
All of this madness was played out in the Dotcom bubble years ago. We know how it ends. We don't know when it ends. The beginning of the end, is right now.
This is absolutely not a recommendation to invest in this stock.
There is good educational value in watching this stock. New traders would benefit from having a shot, only on Tradingview's paper trading account.
GME Blow Off Top to End RallyYou can see 5 waves has been completed with mass short squeezing and buying. Today gapped up and so far we have not been able to stay above the open.More than likely we will gap down over night and selling should start very soon. This is going to fall just as fast as it came up. Be careful.
Gamestop: Is It an Act of Pump & Dump ❓The Game Stop share has been in a rally since mid of January.
The last two days this stock rallied from 79.30 $ to 355 $ / share, this means an increased in value by 4.5 times or 348 %.
Many analysts and investors they are insisting that there is an act of " Pump & Dump " which is illegal, and if anyone is found guilty of that will end up in Jail. One of the main drive of this hype is the social media communities such as "
WallstreetBets ", and " Reddit " where traders are promoting this stock to pump it. As we know in " Pump & Dump " scheme , a group of traders make a huge amount of profits in a short period of time by holding a micro or
small cap stock and try to pump it by convincing other traders to buy it, and once the buyers come in, they dump their shares and cause a huge drop in the share price.
Now everyone is talking about this share, and curious of what will happen next. Currently, at this price level there is no much historical data to predict what's next. All we need to rely on to predict what's the next price might be, is to
use the round numbers in case the price continued the upward movement.
Let's see when this fiesta will end and if there will be any bloodbath after the rally ... ❓
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GameStop - This Is Getting Amazingly Ridiculous So if you've been paying to the news/social media for the past few days you may have come across GameStop. That's right, GameStop is trending $GME, and the reason it's trending is even better. Gamestop has been hurting for a while now, and the pandemic has done nothing but crush their brick and mortar stores. GameStop is getting the same treatment from online video game downloads and streaming that Blockbuster got from Netflix. Without a change to their business model, they'll most likely end up under water. This is almost a slam dunk dunk stock to go ahead and short to profit on as the stock price goes lower.
The problem is, that it's almost too much of a slam dunk stock to short. Gamestop had 65 million shares in total, and 55 million of those shares were shorts. That's roughly just over 84% of the shares are shorts, and much of these held by large financial institutions. The problem with such a majority of these shares being short, is that if for any reason the stock starts to increase, these shorts are going to end up getting squeezed and having to buy back the shares at a higher price, causing the stock to increase even more. A few investors began to take notice of this and realized a huge risk to reward potential.
Perhaps the one that has gained the most attention, was Citrons Andrew Left who publicly called for shorting the stock. He ended up gaining an angry mob of Robinhood traders off discord and wallstreet bets reddit chats uniting against the institutions and forcing the shorts to cover. This is exactly why it's dangerous to short against cult loving stocks (Tesla, apple, and in this case gamestop). The stock is now up around 700% in the matter of days. Some users in the chats are claiming to have made millions. One trader apparently went all in and turned $53,000 to $11 million. We're curious to see how the institutions fight back on this one.
TA:
No surprise here, but $GME is extremely overbought. I would stay away at the moment, since we don't want to get squeezed against the mob, but obviously a short play will occur once the dust begins to settle, and these traders begin to secure profits.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
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AMC -this is the next GME this weekAMC released incredible earnings! and the stock si being played by short-sellers with a short interest of almost 39M. WSB with the retail investors army is going to go big on this stock today and its already up 50% pre-market! we estimate that if this stock will get 15% traction of what GME got in the last few days, AMC will reach the second level of resistance at 15$. We are bullish on the stock regardless to the short interest and we are taking it high today !!
The point of control on the volume is on 6$.
Volume on the stock in average 3m: 53M
current volume: Apx 160M
trade safe ! Be safe
First Look at Game Stop (GME)Here I try to break down the recent GME stock growth from a technical analysis . I have created two primary channels: long-term and short-term. These channels start crossing in early Q1 of 2021 and their true means cross in Q3 of 2021. Also, there was a gap created during after hours trading, there is always a potential for it to get filled. See the chart for some other text indicators.
$GME - THE GREAT INFLATION BAMBOOZLEMeme.
So the narrative for $GME, a brick and mortar store that has been closing down shops since the start of the Big Coof, is that a community of traders all agree to buy the stock and its calls, forcing price to go up and MMs/dealers to purchase shares themselves to hedge against exercised calls.
What the chart is: GME share price divided by the M1 money supply.
Now, the false party is over.
$GME GAMESTOP WAVE 5 LONG TO 124My Jan. 18 call played out and yielded 26 points gain below.
However, I made one grave error! We were on wave 3 not wave 5.
Wave 5 is starting. I have taken most of my profits, but there is more to be made here.
At the risk of overtrading, here is a fun play:
- Straddle for Wave 5 to 124
- Puts will catch the corrective wave