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GameStop The bears are winning the fightThe GameStop company, a chain of video game and merchandising stores, has been in the news for a few days due to the spectacular rise that its shares have experienced on the stock market. But what happened? 1.- After the rise in GameStop shares are individual investors grouped in the WallStreetBets forum of Reddit 2.- Large investors were shorting GameStop and decided to take advantage of it to buy shares in the company. By investing in these stocks, the price started to rise very quickly. 3.- Began to buy back the shares they had sold to minimize losses, but that only caused the price to rise further. This is known as a short squeeze. 4.- As of today, February 5, 2021, the stock price has dropped. This has caused people who bought shares at the highest point of their value to lose a significant part of their investment due to the drop in price. If they like me, reward me with a like or coins tradingview
NYSE:GME
by Daniel_Romero
19
GME still VERY BULLISHLogarithmic Daily Chart using Heikin Ashi Candles Taking the Fib Retracement from the first pump that started making higher highs to $500 The .618-.786 retracement is $15-$30 There is no fundamentals here as this stock represents a movement To participate in this movement all you have to do is buy and hold (HODL) However even though its a movement, noobs have to realize its still a savage game I suggest going into EVERY trade with a stop loss OR a take a profit This will leave you with less emotion when the time comes and you wont panic sell or buy. I suggest you make your intentions clear to yourself and stick to it. If thats HODL so you can give it to your next generation by all means do you. But in all seriousness theres nothing wrong with shaving off the top. Yes its less shares but they have more value now. And if you sell, that means someone bought your shares at that sell price which is great as well. almost like you're providing liquidity (jk) For the ppl that are here for the ride and want to cash in - this is a 60x POTENTIAL The movement is REAL - these tiktokers have pumped before and theyll pump again and with friends like reddit obviously but also the cryto community as this is the most crypto thing thats happening right now. All the manipulation is green code for us so we get it Have a nice night everyone
NYSE:GMELong
by Toro138
3
A Boomer's Guide To WSB's LingoI’m Markus Heitkoetter and I’ve been an active trader for over 20 years. I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails. They start trading and realize it doesn’t work this way. The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades. WallStreetBets Lingo I wanted to do a special episode today that’s for us, the older people. The Boomers, The Gen X, & well, basically everybody above 40. See, it has been such a crazy week. There has been insane volatility and volume on stocks like GME , AMC , BB , and then recently Silver. Most of it has been in the hands of the WallStreetBets crowd, and it’s really easy to get overwhelmed with what exactly these folks are saying on the WallStreetBets forum. I mean, they’re using terms like “tendies,” “YOLO,” and “boomers.” So today I want to help you and me to cut through the noise and define some of the terms that you might be seeing on WallStreetBets if you’ve been going to this forum. GME & WallStreet Bets Recap Now, before I do this, let’s take a minute to recap what’s been going on. You see, WallStreetBets is a popular forum on Reddit with millions of followers. At the time of this writing, they have now about 8.2 million followers. That’s up from around 2 million at the beginning of the week. They decided to go after hedge funds, especially short-sellers, and chose a few heavily shorted stocks as targets and drove prices up. Now, ultimately, these short-sellers are the ones who are mocking the small account traders, had to close their positions at a massive, massive loss. Now the most famous being talked about is (GME) which is GameStop. Wow! It went from around $40 all the way up to $418, but then the stock went down, mainly because of the extreme limitations that online brokers put on the stock. Robinhood, for example, was only allowing traders to buy 20 shares of (GME). I mean, come on, that’s a joke. WallStreetBets Lingo Now back to why I’m writing this article. You might have been peeking into the WallStreetBets forum to see what’s going on, and you may have been confused by all the terms they’re using. This is why I want to show you the ten most common terms that you’ll see on this forum, and I’ll explain to you what they mean. 1. STONKS Now, “stonks” started as a meme a few years back and was used in reaction to what others thought were bad trading stock choices. Now on WallStreetBets, it is used as a more general term for stocks that they might be trading. 2. NEWBIE The term “newbie” is an easy one, and it refers to a rookie trader who is new to trading. 3. BOOMER Now, we are talking again about boomers and a “boomer” is what the WallStreetBets crowd used to describe an older person. Somebody actually called me a boomer. I thought that being 51 years old made me apart of Gen X, but I guess boomer has become more of a generic term for anyone over 40 or so, at least in the WallStreetBets forums. 4. BAGHOLDER Now, another popular term being thrown around is “bagholder.” What are bagholders here? Bagholders are traders who have taken a heavy loss in a stock. In other words, they’re left holding the bag. In the WSB's forum somebody said, “Glad I found a WSB, I like the stock, and all of you guys and I don’t mind being the bagholder now or in the end.” This is a person was suffering a pretty massive loss, and this is what would be referred to as a “bagholder.” 5. TENDIES You may have also seen “tendies” being used quite a bit, and tendies refer to the profits a trader makes off a stock. Traders like to use that chicken or drumstick emoji when they’re talking about tendies. There was an awesome individual, on the forum who posted that they were using some of their GME tendies to buy Nintendo switches from GameStop and then donated them to a children’s hospital, which I think is amazing. 6. YOLO One that you may have already heard is “YOLO,” and it’s an acronym for You Only Live Once. Someone in the forum said, “Just YOLO’d 330k dollars to keep this party going to the moon.” We’ll talk about “to the moon” here in a moment. I’ve also seen it used like, “Hey, I just wired it, I yolo’d it.” You only live once, right? 7. DIAMOND HANDS Number 7 on this list is “Diamond Hands.” When somebody mentions diamond hands, it means that they’re holding their position no matter what. Even when they are suffering through some massive drawdowns, so the diamond and the hand emojis are also used in reference for diamond hands. One of the most famous diamond hands on WallStreetBets, is someone who posted a $5,000,000 loss, but overall, he still nicely up. But, hey, look, that is a big loss. This is where you need diamond hands, right? 8. PAPER HANDS So now, on the other hand, and this is where we go to term number eight, which is the term “paper hands.” So what are paper hands? It’s the opposite of diamond hands, meaning if someone has paper hands, they’re nervous, and they sell their position instead of holding it. So these are the people who are selling GameStop right now. All right. 9. APES So now, on the other hand, and this is where we go to term number eight, which is the term “paper hands.” So what are paper hands? It’s the opposite of diamond hands, meaning if someone has paper hands, they’re nervous, and they sell their position instead of holding it. So these are the people who are selling GameStop right now. All right. 9. APES So you’ll see things like “apes stay strong” or also sometimes you’ll see “I’m happy that I’m with you degenerates” because this is what they are referring to themselves in this community. So it basically means that this is a community, and they’re in this together. 10. TO THE MOON Now, the last one here is “to the moon.” that already mentioned. So to the moon is their profit target, right? “Volume is low. Don’t believe the news. GME is going to the moon.” and this profit target is fairly wide open. For GME at some point, the target was defined at a thousand. This is a very, very high-profit target, which seems to be “the moon” they’re referring to, and traders are also using the Rocketship emoji to reference to the moon. So these are the top 10. Summary Me personally, I am staying away from these crazy stocks, or stonks, right? They’re fun to watch, but I personally prefer SRC profits. So what does this mean? It means profits that are Systematic, Repeatable, and Consistent. I know sounds super boring, but you see, it works very well for me. I’m getting too old for the YOLO mentality, you only live once. And you see, just yesterday I wired my January profits from my trading account into my checking account. It was a little bit over $21,000. Boring? Yes, but it pays the bills, right?
NYSE:GMEEducation
by rockwelltrading
9
Cycle is up until 5-6 FEB. (Bearish precious metals).As you can see in my related idea and on this chart - the smaller cycle perfectly caught the high and low in the recent three weeks. Now even though the longer term cycle turned down - looking at the price action I still think the smaller cycle being up will bring one more flush in precious metals. Recently we have observed a black swan event in the silver market - a group of private speculators decided to corner the silver market - with their previous success in small cap stocks they gained additional margin and it will be hard for the regulator to silence this wave. However, looking at cycles for silver and this ratio in the short term I believe they will as usual have great success in crushing the paper market. We don't stand a chance unless we purchase physical metal, they have infinite power until we keep the liquidity inside their system - they won't have a method to suppress the price if the demand for physical spikes into space. The premiums will get so out of hand that the paper market will be adjusted to the price of physical, if it doesn't we will have two different markets for the physical metal and the paper contracts for the metal - they will have no correlation to one another. I will not tell you what to do but I will not chase the move with the artificial corner, I believe that silver itself holds the potential for a crazy up move - but only when the time comes and cycles, momentum, etc will support the move. This is not a small cap stock - this is a commodity that is very meticulously regulated by the main financial authorities. The silver paper market along with gold, platinum and palladium measure trillions of dollars! I don't understand how a group of private speculators can corner a multi trillion dollar market against the CB's that have infinite liquidity and x100 leverage on silver. Technically looking silver failed to close above important resistance at 27.5, however it still sits above the 26.25 level. We have to wait and see next week, I wouldn't be surprised to see a move against the minor cycles in silver but it will be according to a rising longer term cycle. However, my opinion stays unchanged short term and I will wait for the next silver cycle to bottom around the 3rd of February. Remember futures trading involves a substantial risk of loss and is not suitable for all investors.
SAXO:XAUXAGLong
by CSInvestment
AMC ST (February 2nd 2021)AMC Entertainment (February 2nd 2021 through March 2021) Low: $0.15 - $2 - $4 High: $9.89 So in the short term, it's not looking good. Technically this could still get a bigger short squeeze in the future but we have a period of consolidation ahead of us for now if that will even be possible in my opinion. Otherwise this will get driven right into the ground. Grab the popcorn, it's heating up. The battle is on. I do not have a lot of hope for the smaller retail traders right now. From what it looks like, a 4.236 fibonacci was fulfilled and there will need to be a LOT of buying to help recover past those levels again. Now, if we imagine a scenario where the coveted pump happens so long as the bears aren't going to take over completely, the next levels to watch for serious selling action for could be: $40 - $64 - $88 - $102 - $165 - $264 But it needs to top its last high of $25 first, and it can be possible but is a lot less likely now that price has shuttered as much as it has the past couple days. Not looking good in my opinion but this will be interesting to watch. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
NYSE:AMCShort
by Hambooger
7
AMC ST Update (Feb 4th 2021)AMC Entertainment (AMC) (February 4th 2021 through February 18th 2021) (Potential entries) Low: $0.57 - $2.00 - $3.13 - $4.81 (Potential swing high levels) High: $5.08 - $6.28 - $10.10 - $10.94 I am looking for price action to come down near where I have placed 2 orange boxes for potential entries for future prospects of AMC. If people (WSB) manage to squeeze AMC harder a second time, there's a chance it never even comes down to where I anticipate it but I feel it will be very likely for it to keep crashing since the crazy peak, and maybe return to baseline/normalcy around $1 to $4. A good entry might be found anywhere from $2.00 to $4.81 in my opinion, but it really depends on if WSB actually pulls off a second squeeze for how long it would take to realize profits on the next run. If its truly returning to baseline, $2.13 and lower should be expected, I think 57 cents would be the absolute most drastic possible. I've placed a couple white trend lines just to see if any of it correlates with a path, but I've also scribbled the green, orange, and red brush lines for other potential levels I can see price coming to at those times. No idea which path will actually happen if any of it is even right, just watching closely for now. Related idea attached below: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
NYSE:AMCShort
by Hambooger
7
A Game Well Played (GME)Yes, I actually presented the possibility of a massive short squeeze to all-time high levels for GME stock back in October. Here is the original analysis: There were clearly some opportunistic investors who bought the lows on this one and made out like bandits. Unfortunately I wasn't one of them (I made the initial post by request). Even those who bought below $5 and sold at $30 did very well. The idea was that GME might actually be undervalued. Even Michael Burry ('Big Short' fame) had invested in the company. Time will tell if Gamestop can restructure in such a way that proves profitable and time-enduring. But clearly, this stock is a fan-favorite. The Millennials involved in the short squeeze certainly have an affinity for nostalgia. Just look at Nokia and AMC (remember when we could go to movie theaters?) Many on WSB are now wondering what's going on, clearly. The herd-mentality is quite extraordinary, and together a large group of smaller investors was able to squeeze whales out of their positions. Unfortunately, the wealthy elite are the ones with the liquidity and access to massive amounts of borrowing. In numbers, when people collaborate they can certainly have an impact, and it's inspiring to see that happen here. HOWEVER, human nature always takes over, and people get both fearful and greedy. These emotions drive the markets. Big investors have the wealth to afford short term losses. In their mind, the market always goes up long term, so they will be able to recover their losses. But the wealth disparity is so great that when an individual risks their life savings on something like this, it will take a very long time to recover. So the fear is correspondingly much greater, and that fear makes the stock owner a paper hand. To really have "diamond hands" you need to be able to stomach losses of 50% or greater. Those who bought GME above $300 (I suspect there are a lot of them) are already down to less than a third of their original investment. The name of the game is always liquidity. Unfortunately, after Robinhood restricted orders, buying pressure eased up, allowing prices to fall. Charts were going around displaying "low volume sells," but that's not the entire picture. In reality, it's the lack of buyers. Even though there aren't that many people selling necessarily, price can still drop if there are even less buyers to eat up the supply from the sellers. So price has dropped right back to where I'd expect it would - roughly near the previous all-time-high. Psychologically, the $65-75 range should be a moment of maximum pain for anyone who bought during the meteoric rise. And therefore, their panic-selling should provide the most liquidity for new buyers. If GME is to actually move up again, I expected these levels to be tested. This is the first time I see a potential buying opportunity. If GME falls below $65, it can head right back to my trendlines and much lower support levels. This is the risk. If one believes in this company's value long-term, these are the levels to look for entries. And yes, it can go all the way back to $15-17 and still remain in an uptrend! Here it is zoomed in, so you can see my trendlines more easily. The green horizontal line is the previous ATH There is still a chance for further squeeze action (yes, even towards those ridiculous $1000+ targets), but GME will need to hold above my trendlines, and ideally above the previous ATH. Ultimately though, once the final squeeze is done (if there is one) I expect the stock's price to fall back to earth and land somewhere in the $10-20 range. We'll see! I am not personally buying GME unless it gets back into that range and shows some promising business moves. But the $65-75 range is where I'd look for the first line of strong support, if I were trading this (previous ATH). Right now I'm looking to begin investing for the long term after building some capital using crypto market gains. Currently, I'm building small positions in stocks/ETF's that I think have room to grow, despite very precarious economic conditions. I do think we're nearing some sort of climax to a large debt/asset bubble. I'm very curious to see what happens in the next few years. Perhaps sectors other than big tech (green energy, new infrastructure, marijuana, nuclear, etc) can take the reigns and we can avoid a serious economic collapse. It all depend on the world's leadership, and what they do about the wealth gap. I see a lot of people my age investing and trading for the first time. So in some ways, I am at an advantage with respect to my cohort, since I have a pretty good idea of how the markets work. It's important to have a PLAN, and many entered this frenzy without one. Some will become long-term investors, but many will lose enough money to impact them for the rest of their lives. Part of this IS general investing advice, but this post is NOT a recommendation to buy or sell any particular stock. This is for speculation and education only. All I can say is be very careful, assess risk, and TAKE PROFIT. Profit and capital preservation is your POWER against fear. FEAR makes one a paper hand. And I acknowledge many around the world do not have the wealth or financial safety net to handle losses. To many, the market offers opportunities for those who don't come from privilege. But especially in those cases, it's immensely important to exercise RISK MANAGEMENT. Take that profit, enjoy it, and carefully plan the next move when you are ready. -Victor Cobra
NYSE:GMEShort
by VictorCobra
23
The AMC Setup AMC stock has not been a generator for portfolio growth. With the rise of online streaming for movies (Ahem, Netflix), it has been hard to compete. I studied film for my undergraduate degree - I love movies, but I don't love this stock. That said, it has at least held above the broken downtrend on the current retrace. I have also heard they have enough backing to survive for a while longer. If they can thrive and adapt in the wake of the pandemic, perhaps they can grow. As I've mentioned, I think there will a rush of people wanting to experience things like going to bars and going out to movies again, creating a kind of "roaring 20's" moment. That's barring further economic disaster/uncertainty. This is a bit different from GameStop, since at least video games can be enjoyed from home. On this chart, there are clear support and resistance levels. This zone seems like an okay place to buy, but if it drops substantially below $5.50 and does not bounce, it would be back in the downtrend. From there, it can go straight back to $2 or lower (towards the broadening wedge support - light blue). That's the risk. So if you have a limit to how much you can lose (as with any trade), so if I were trading this, I would set a stop loss. The risk/reward seems pretty evenly split here, so not necessarily an amazing bet at these levels. However, If it breaks above the $20 level, I can see it heading towards its previous major resistance level, around $36. If it breaks above there, it can make a new ATH and squeeze shorts towards $100. Price for AMC has been quite suppressed, even prior to 2020. I have a slight bias to the upside here, simply because it hasn't moved up dramatically yet, and there still seems to be some energy left in the market for more wild price movements to the upside. We're in a retail frenzy. We'll see what happens! This stock isn't really on my radar right now, but I posted this by request. This is not financial advice - this is for speculation, education, and entertainment only. -Victor Cobra
NYSE:AMCLong
by VictorCobra
4
$GME - The Squeeze is coming. Final Boss Fight. Tomorrow.My original post: reddit.com/r/wallstreetbets/comments/lbds1e/final_boss_fight_its_happening_tomorrow_with/ Guys, it's happening. They know they are screwed. Yellen is having an emergency meeting tomorrow or the day after with the SEC heads, Federal Reserve, Federal Bank, Bank of New York and the CFTC and the meeting is about Gamestop Volatility!!! yahoo.com/news/exclusive-treasurys-yellen-call-regulator-014419687.html reddit.com/r/wallstreetbets/comments/lbdpbr/treasury_secretary_janet_yellen_to_call_regulator/ "What volatility?" I'm sure you're asking. THE ONE COMING FROM THE SQUEEZE. They are mega fucked. Today only around 1.5% of float GME remains. There is sufficient real research on this sub that shows that we are ACTUALLY diamond handing. reddit.com/r/wallstreetbets/comments/lb9s3f/bloomberg_terminal_looks_mostly_green/ (SEE LOCKED IN SHARES TOP LEFT RETARDS) On another note, some people's sell limit at 3.2k and 5k got filled today for 1 single GME share on this sub. reddit.com/r/wallstreetbets/comments/l7h8jv/gme_getting_filled_at_above_1000/ reddit.com/r/wallstreetbets/comments/l6z9d0/gme_filled_at_51k_a_share_this_morning_for_me/ Thesis: Goldman Sachs and the big boys have deleveraged their stake in GME and said they are reducing risk while also calling what already happened as the squeeze and that other hedges deleveraged as well. I can't tell if this is FUD or if they truly believe this. This info is in their daily customer subscription mailers, only actual GS customers get these mailers afaik. I don't know what is the truth anymore. If Yellen wants to meet for volatility on a fizzling stock that is 98.4% ish locked in by buyers, this screams all kinds of alarms in my head. They are either going to try and stop the party or they are looking for money to pay us and not crash everything at the same time. Tomorrow is the final fight. Yellen and all the bigwigs are the bosses. Also i think it makes sense for the squeeze to happen this week before Friday due to the naked short puts the HFTs have been selling that are likely 2/05 of expiry. They DO NOT want this squeeze to happen next week when all those shorts are gone and the price is back way up. They also don't want the squeeze to happen on Friday due to the extreme volatility due to their naked 2/05 puts. If all that makes sense, this means that the squeeze is coming tomorrow or the day after and NOT next week or this Friday. If none of this happens, Cohen still has this smoking gun to trigger it. reddit.com/r/wallstreetbets/comments/lbc6aa/cohen_still_has_the_opportunity_to_buy_another_7/?utm_medium=android_app&utm_source=share Final words. -Set your sell limits. -SET YOUR SELL LIMITS. -YES YOU. -FOR THE NEXT 2 DAYS STRAIGHT. -There's SOME consensus on the sub that realistically it should be ~800. Add a few lottos at 5k and 10k too as some people were lucky to get filled on 3.2k and 5k today. Don't get too greedy or you might not fill. reddit.com/r/wallstreetbets/comments/lagd2m/millions_in_gme_calls_bought_today_at_800_hold/ Good luck retards. I am 220k in on GME and 80k in on AMC at 50% loss as we all are.
NYSE:GMELong
by leenixusu
13
AMC TO THE MOON!AMC to the MOON! 🌕 We all know that retail investors have little to no control over the price however what we also know is that institutional banks are in charge of the big moves. JUDAS GOAT: Juda is the only goat that leads all the other goats, it’s also the leader. All the sheep follow Juda to the slaughter house while Juda sits on the side pretty. When we are trying understand how to enter the market, we need to first understand how the manipulation takes effect. When Robinhood stopped everyone from buying GME, AMC, NOK ETC they intentionally did that purposely to give the opportunity to hedge funds to drop prices lower so all the big banks go shopping on discount. It was only the suits and ties shopping, no retail investor. Hedge funds, banks and politicians are the Devil that we need to follow. You will never see big buy orders come in from banks at high prices, and you will never see large sell orders from banks at low prices, buy low.. sell high. In order to determine an outlook, we had researched both fundamentals and technical analysis to form a case. Fundamental Analysis: - 🎈 Let’s take a step back and think about the current situations going on in this world. When COVID-19 struck, all restaurants, shopping centers, entertainment, airports, etc. shut down, we understand by shutting down the doors of a store it usually results in no sales. AMC Theaters also shut down due to the pandemic resulting in no sales, what do you guess happened to the stock? Of course it dropped. Simply because the company is no longer making revenue. Fast-forward to 2021 and things aren’t as bad as before.. most of the restaurants are back to work, many shopping centers are back open, entertainment hubs are also staring to open back up, however there is one on particular that is still closed... Theaters are still closed, not just AMC. This is because theaters are a high potential area of spreading covid simply because there are over 200 seats in one room. When you judge a stock, judge what’s going on in the real world first, and we know currently even though COVID-19 had slowed down, many people still don’t hang out in large group of numbers. This alone effects the theater business and drop in prices is expected.. However, COVID-19 will not last forever, slowly but surely COVID won’t be a thing, when that happens the world goes back to normal, theaters and airports will be the first to open the doors back for business. When this happens, don’t be surprised if AMC stock price goes up. Technical Analysis: - 🎇 A technical perspective is there to help us better refine our fundamentals and see the porn from a technical perspective. From a 4h perspective, price is currently overbought, meaning a short term pullback is inbound but this should be a discount for us to enter in more buy opportunities. The lower price goes, the deeper discount we are in discount. Many people talk about banks manipulation but don’t know how it looks like on a chart. Each large impulse move is institutionally involved. This is where we see heavy selling or heavy buying. The only people who have the power to cause such large moves are hedge funds and banks. Market manipulation is built off a retail behavior, and many retail investors buy at support and sell at resistance, the devils know this so they grab the liquidity of retail investors and cause disbelief to shake out anybody that is buying. From a technical perspective, we have large amounts of liquidity resting above $20 and more liquidity above $35 If you drop a tear of blood in the ocean, the sharks will smell it. Big banks also smell this liquidity and uses liquidity as the juice of the overall momentum. Referring back to the “Judas reference” mentioned above, devils drive price into areas where they have all the power to trigger their limit orders. In this case last Monday when price was tanking on AMC but brokers disabled retail investors to buy, this caused price to drop giving the devils a chance to sell at their last sell orders, profiting from the overbought AMC and also a chance to buy after the collapse at cheap prices.
NYSE:AMCLong
by FlyDownX
8
Shorting the wallstreetbets flash-bubble, the trade of a decadeWhat is happening at the moment with stocks mentioned in the wallstreetbets thread on Reddit is totally insane and hard to believe. But to those who have experience, it offers an amazing trade opportunity. If you have a few minutes, and take a look at the wallstreetbets thread, you will quickly see that most of the people posting have zero understanding of market's mechanics. One post I read this afternoon was summarizing it all. The poster was writing about GME: "let's keep buying, don't sell, and we will push the stock to $1,000! Then, when Hedge Funds see the price is not going down, they will have to finally buy it, and we will sell them our positions and f¤¤k them". So institutional that were short at $15 because this stock was overvalued would be long at a $1,000? How does that make any sens? I saw some guys opening a trading account just for the occasion to bet their savings, after the stock was up 3,000% for the week, other being surprised that after such a craze, it was pulling back, ... What is happening is absolutely crazy, and they don't realize that at this point, the buyers are just helping earlier buyers to exit and institutional to start selling again. Because seriously, if you are heavily short at $15, don't you want to be more short at $480, in addition to timing you position thanks to the nice data Robinhood is selling you about what the retail traders are up to?! This whole thing is without a doubt a crazy flash-bubble. So now, what is the play? These stocks will back at pre-bubble levels within a few days. and the to-the-moon Implied Volatility will be back to normal. So if you have the margin, selling deep ITM Calls with 45 DTE is the trade of a decade!
NYSE:GMEShort
by Lechatchat
4
Nokia MT (February 2nd 2021)Nokia (NOK) (February 2nd 2021 through 2022) Low: $3 - $5 High: $9.44 - $21 So I understand there is some financial madness going on right now. Here's a scenario that shows how a short squeeze could hit monstrous levels provided it actually gets executed correctly. I do not have the most hope in this chart but all the paths I've provided are just ideas of certain price levels that seem important to me. This could end in glory, blood, or hit glory and end in blood. Who knows, but its very interesting to watch all these speculations play out with WSB reddit. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
NYSE:NOKShort
by Hambooger
$GME - 0.53 days left to cover. The squeeze hasn't squozen yet.The days to cover has been dropping at a rate of 0.3 per day for the past week. 2 days ago: 1.13 days to cover 1 day ago: 0.86 days to cover Today: ~0.56 days to cover Do the math yourselves. The squeeze is happening either on Friday or on Monday. Also it's possible we will see double digits before things get better. The price is dropping NOT because people are selling, but because brokers are selling the same shares to each other while constantly shorting them which is illegal because it creates more shares than what actually exist. They are trying to cover their shorts in this illegal manner by creating fake shares. The NYSE is aware of the huge amount of shares failing to delivery at ~5million shares right now. It's 50/50. -We either get screwed. -Or they get screwed. I bet 300k e.g EVERYTHING i own on GME at 235. If i had more money i'd buy more. Any dip is a buy. When the squeeze does happen, this thing will blow up to multiples of the current price. Whether you bought at 100-200-400 won't matter. Just DONT SELL otherwise you're giving your shares to these assholes for free so they can cover at 100-200-400 instead of 2k-3k-4k which is what we want to force them to do. There's not enough time for them to counterfeit enough shares to cover their shorts. They can drive the price down all they want, the short will happen as long as you buy and don't sell. I am 100k down. DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE
NYSE:GMELong
by leenixusu
2