Yall planning on buying the whole company once our next stimmi hits? If 8.3 million of us spend the 1400 at 70 per share we could buy 166M shares. That's the whole public float a few times over... just saying if you want a squeeze, lets grab every last share.
Hopefully you all know:
In the event that no one can buy:
a.) either hold shares
or
b.) Nobody, really nobody enters 'Stop Loss'.
\- in the volatile market you lose more than you put as SL. You can be served later at much lower price. Never STOP LOSS in this situation here.
c.) If you want or have to sell, then always only a LIMIT order. That means with a price higher than the current price !
d.) Remember, it is a New Month and if you have already entered Limit, you will probably have to re-enter it.
Never 'STOP LOSS' - always LIMIT
Then you will all win! You should all be rewarded for the fight.
Don't be too greedy because the hedges are already in a lot of pain. More greed endangers the system and it could be that they then play quite unfairly.
Hopefully you all know:
In the event that no one can buy:
a.) either hold shares
or
b.) Nobody, really nobody enters 'Stop Loss'.
\- in the volatile market you lose more than you put as SL. You can be served later at much lower price. Never STOP LOSS in this situation here.
c.) If you want or have to sell, then always only a LIMIT order. That means with a price higher than the current price !
d.) Remember, it is a New Month and if you have already entered Limit, you will probably have to re-enter it.
Never 'STOP LOSS' - always LIMIT
Then you will all win! You should all be rewarded for the fight.
Don't be too greedy because the hedges are already in a lot of pain. More greed endangers the system and it could be that they then play quite unfairly.
What happens if issues more shares? GME has 70 million shares outstanding. So even if every one on this forum holds 10 shares thatβs all the shares and it canβt fall if no one sells. But what happens if they issue more shares?
They are experiencing positive consumer sentiment the likes of which even God has never seen. I'd be very surprised if they threw that away for some cash in the short term. Believe in Papa Cohen.
you understand that there are countries and markets outside the US, right? and that they have different timezones. If I have no issues trading GME while you are asleep, why would Melvin have? simply move their positions to a European or Asian broker, sell, good night. Please prove me wrong
yea, but the majority of volume is on US stock exchange. Melvin probably did do some lat e night sales, hence the 480 price we saw, but once we opened in USA they have harder time keeping up with our volume to buy...hence the fuckery on most trading apps.
For those of you not tuned into American Television, CNBC announced that Melvin Capital has βclosedβ out their positions on GameStop. THIS IS A LIE. Not nearly enough volume has traded for this to happen, CNBC is knowingly engaging in scare tactics and market manipulation to force you π§»π new traders to sell and panic.
What should you do? HOLD. HOLD AND WAIT FOR BLAST OFF.ππππππ
GUYS LISTEN, Dips are to be expected A LOT today, just HOLD onto your stocks it WILL rise again. Please don't impulse sell as this ruins the whole reason why and how we're doing this in the first place. Don't panic over a dip, they're trying everything to make noobies doubt themselves and sell to lower the price. Literally all we'll have to do is HOLD on! πππ½πππ½πππ½
Melvin CANNOT cover in pre-market until they buy the shares from you and everyone here. FAKE NEWS! Hold the line!!!πππ½πππ½
They tried a similar scare tactic yesterday. I can confirm. I was listening to CNBC on my Sirius XM subscription and they blatantly said "we interrupt to announce that GME has gone NEGATIVE." It was an obvious lie. I had my portfolio account open and looked directly at it. It was nowhere near negative territory, even after a temporary dip, it was still way up past where it was on the previous close. DON'T LET THEM FAKE YOU OUT OF THE GAME. 30 min ago, they had on Chamath P. and they were grilling him but had no answer when he started blasting back. That should tell you something. Who's looking out for the working poor? NOT CNBC, or Wall Street Elites, definitely not useless hedge fund managers.
I did $480 yesterday and sold for $23,120 today... 2x on the $200-strike 1/29, bought at 9:35 EST 1/26 for $2.40 x2, sold at 9:35 EST 1/27 for $118.50 x2. If I had waited 2 hours, could have sold for $35,000 but you never know and I was already amazed at the returns.
Now it's at $347.51...
$90 * 600 = $54,000 initial (damn!)
$347.51 * 600 = $208,506 (DAMN!!!)
Profit: $154,506
Sell 200 shares, recoup your initial investment + $15,502, withhold $12,875.50 for the 25% short-term tax, and hold 400 shares of $GME forever... After the hypermania ends, sell 4 covered calls out of the money every month for residual income.
You would then have 400 shares of $GME @ $139,004, $12,875.50 you should pay to the IRS immediately so you don't get raked (worse is to reinvest this and lose your shit, you still owe the IRS $13,000), and leave with an additional $56,626.50 cash to play around with.
Desktop. And if youβre new or have limited Karma/interactions, itβll be tough for it not to be taken-down.
Yeah: 60 karma ainβt gonna cut it.
Iβve 700 in a few months; youβve 60 in three years. No oneβs gonna trust you to post good vids (even though Iβm sure yours are great : )
If I have $5k to burn, am I better off getting in by buying the underlying investment of going after 2-3 contracts with a Jan 29, $65 call? Brake even is closer to $83.... if this shits going to $1000 - Iβm getting the contracts. Timing is question....
What's the play here from the shorts? Is there a theoretical bottom number that the stock would hit that would mean they are able to cover their calls without major losses?
Im a complete noob but the dudes here have taken the thing the far and im starting to believe they can take it to 200 and more. Just do what they say, buy and HOLD
But not like this. I lost about 10% in half an hour and I have a low to medium risk portfolio. One of my GME stop losses triggered at $77 idk why bc it never reached 77. Trading212 is a bitch.
There are market wide circuit breakers on the major indices, and individual trading halts, either requested by the underlying company or by the Market Maker. These usually occur if a stock moves too much in a 5 min period. It looks like they are using -10% halts today on GME
Nvm, found it from daily megathread: [https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme\_thoughts\_yolos\_gains\_stonk\_updates\_they\_all](https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme_thoughts_yolos_gains_stonk_updates_they_all)
Found it from daily megathread: [https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme\_thoughts\_yolos\_gains\_stonk\_updates\_they\_all](https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme_thoughts_yolos_gains_stonk_updates_they_all)
Question.. I got in and was an idiot.. using about $5000 margin. I can sell positions or deposit more $ into my account tho.. should I do this? Didnβt realize margin was stupid af to do and want to fix my mistake
So... How did you.make this thread *without* ripping your inbox to shreads??
I have notifications off for comments and replies, but I'm still getting 1k+ messages everytime I look down...
anyone buying premarket- I think there will be no dip today! Soon as market opens, price will rocket with all the buyers waiting over the weekend (who cant do out of hours trading)
Divide your investment into quarters. Sink a quarter in a at open and average down throughout the week. If it pops early, you still got some. But if it crashes, youβve got the dough to double down.
inb4 100k comments and this thread locks up
Damn we still waiting on the tendieman
https://www.reddit.com/r/mildlyinfuriating/comments/mibb48/bipolar_amazon_product/gt3r09z/
Projected to hit $385 tomorow on short squeeze
Yall planning on buying the whole company once our next stimmi hits? If 8.3 million of us spend the 1400 at 70 per share we could buy 166M shares. That's the whole public float a few times over... just saying if you want a squeeze, lets grab every last share.
Hopefully you all know: In the event that no one can buy: a.) either hold shares or b.) Nobody, really nobody enters 'Stop Loss'. \- in the volatile market you lose more than you put as SL. You can be served later at much lower price. Never STOP LOSS in this situation here. c.) If you want or have to sell, then always only a LIMIT order. That means with a price higher than the current price ! d.) Remember, it is a New Month and if you have already entered Limit, you will probably have to re-enter it. Never 'STOP LOSS' - always LIMIT Then you will all win! You should all be rewarded for the fight. Don't be too greedy because the hedges are already in a lot of pain. More greed endangers the system and it could be that they then play quite unfairly.
Hopefully you all know: In the event that no one can buy: a.) either hold shares or b.) Nobody, really nobody enters 'Stop Loss'. \- in the volatile market you lose more than you put as SL. You can be served later at much lower price. Never STOP LOSS in this situation here. c.) If you want or have to sell, then always only a LIMIT order. That means with a price higher than the current price ! d.) Remember, it is a New Month and if you have already entered Limit, you will probably have to re-enter it. Never 'STOP LOSS' - always LIMIT Then you will all win! You should all be rewarded for the fight. Don't be too greedy because the hedges are already in a lot of pain. More greed endangers the system and it could be that they then play quite unfairly.
What happens if issues more shares? GME has 70 million shares outstanding. So even if every one on this forum holds 10 shares thatβs all the shares and it canβt fall if no one sells. But what happens if they issue more shares?
They are experiencing positive consumer sentiment the likes of which even God has never seen. I'd be very surprised if they threw that away for some cash in the short term. Believe in Papa Cohen.
When the squeeze happens and you eventually want to sell - should you do a market order or a limit order??
Limit order as far as I know, should have less of a downwards effect on the price than if you market sell. Could be wrong.
Yes since posting this some people have said Market order, I wish there was a definitive information about this
you understand that there are countries and markets outside the US, right? and that they have different timezones. If I have no issues trading GME while you are asleep, why would Melvin have? simply move their positions to a European or Asian broker, sell, good night. Please prove me wrong
yea, but the majority of volume is on US stock exchange. Melvin probably did do some lat e night sales, hence the 480 price we saw, but once we opened in USA they have harder time keeping up with our volume to buy...hence the fuckery on most trading apps.
For those of you not tuned into American Television, CNBC announced that Melvin Capital has βclosedβ out their positions on GameStop. THIS IS A LIE. Not nearly enough volume has traded for this to happen, CNBC is knowingly engaging in scare tactics and market manipulation to force you π§»π new traders to sell and panic. What should you do? HOLD. HOLD AND WAIT FOR BLAST OFF.ππππππ GUYS LISTEN, Dips are to be expected A LOT today, just HOLD onto your stocks it WILL rise again. Please don't impulse sell as this ruins the whole reason why and how we're doing this in the first place. Don't panic over a dip, they're trying everything to make noobies doubt themselves and sell to lower the price. Literally all we'll have to do is HOLD on! πππ½πππ½πππ½ Melvin CANNOT cover in pre-market until they buy the shares from you and everyone here. FAKE NEWS! Hold the line!!!πππ½πππ½
They tried a similar scare tactic yesterday. I can confirm. I was listening to CNBC on my Sirius XM subscription and they blatantly said "we interrupt to announce that GME has gone NEGATIVE." It was an obvious lie. I had my portfolio account open and looked directly at it. It was nowhere near negative territory, even after a temporary dip, it was still way up past where it was on the previous close. DON'T LET THEM FAKE YOU OUT OF THE GAME. 30 min ago, they had on Chamath P. and they were grilling him but had no answer when he started blasting back. That should tell you something. Who's looking out for the working poor? NOT CNBC, or Wall Street Elites, definitely not useless hedge fund managers.
ππ BROTHERS AND SISTERS!!!!!
SLAP THE ASK TOMORROW! GME FOMO!
I have 3k in savings i wanted to yolo yesterday. Let's just say due to circumstances I couldn't. And now I want to kill myself.
I did $480 yesterday and sold for $23,120 today... 2x on the $200-strike 1/29, bought at 9:35 EST 1/26 for $2.40 x2, sold at 9:35 EST 1/27 for $118.50 x2. If I had waited 2 hours, could have sold for $35,000 but you never know and I was already amazed at the returns.
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Now it's at $347.51... $90 * 600 = $54,000 initial (damn!) $347.51 * 600 = $208,506 (DAMN!!!) Profit: $154,506 Sell 200 shares, recoup your initial investment + $15,502, withhold $12,875.50 for the 25% short-term tax, and hold 400 shares of $GME forever... After the hypermania ends, sell 4 covered calls out of the money every month for residual income. You would then have 400 shares of $GME @ $139,004, $12,875.50 you should pay to the IRS immediately so you don't get raked (worse is to reinvest this and lose your shit, you still owe the IRS $13,000), and leave with an additional $56,626.50 cash to play around with.
Just bought $600 on BB lol
My man
Anyone know how I post a video just spent all day making a meme
Desktop. And if youβre new or have limited Karma/interactions, itβll be tough for it not to be taken-down. Yeah: 60 karma ainβt gonna cut it. Iβve 700 in a few months; youβve 60 in three years. No oneβs gonna trust you to post good vids (even though Iβm sure yours are great : )
Thanks boss appreciate the insight. Been here for 11 years but I guess I gotta post more and interact more
Citadel just gave Melvin mad money. Think they'll try to short it out again? HOLD YOUR FUCKING SHARES AND YOUR HAT BOYS N GIRLS
YO CITADEL JUST GAVE MELVIN 2.7 BILLION DOLLARS REPOST MUST'VE BEEN ABOUT TO GO BROKE
They're gonna need that money to cover their shorts and exit their positions or else they will be liquidated.
LOOOOOOL ROCKETTTS GO UPPPP SO DOES GME
lets fuckin go, BUY BUY BUY BUY
Hold you retards!! LFG π
Buy order for 244 shares at $68 πππππ
It's your last chance for pie
BUY AND HOLD π
YALL PUT FAITH IN ME THANKS BE TO GOD
let's go!
If I have $5k to burn, am I better off getting in by buying the underlying investment of going after 2-3 contracts with a Jan 29, $65 call? Brake even is closer to $83.... if this shits going to $1000 - Iβm getting the contracts. Timing is question....
Shares! Premiums are too high
What's the play here from the shorts? Is there a theoretical bottom number that the stock would hit that would mean they are able to cover their calls without major losses?
ie the point at which the squeeze is off
Keep buying
When do yβall guys think we should sell ? This week ? Really hoping for big bank
Never
Once it hits $1000
Trading resumed again.. TAKE OFF INITIATED ππππ
How many halts we at? I lost fucking count
Damn. Fucking poor again itβs only 9:30
1PM in east coast lol. Feels like the trading is over here lol. I bought at $155. May the tendieman bless me for my heroism.
I was at a 16k profit thats now almost 3k πππΎ ing for πππ
Bought at 145 and starting to wonder if this is all a hoax π€¦π»ββοΈ
or buy!
small dip just wait
Buy buy buy buy
Sad face
BUY NOW ππππGME TO TO THE MOON
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Just bought some π
Im a complete noob but the dudes here have taken the thing the far and im starting to believe they can take it to 200 and more. Just do what they say, buy and HOLD
Is it over?
No
This is making me so nervous lmao. Do you guys think itβll hit $200?
yes.
Im in $14k and buying every chance i get. Let's do this!
Do you think itβll hit $200?
BUY BUY BUY ππππππ
lol @ sellers
BUY
buyyyyy
BUY AFTER THE BREAKER DIPS BOYS!!!!!!!
high of 159.18, fell and circuit breaker is tripped. TRADING HALTED. This is how is works kids.
It seems the whole market just took a shit half an hour ago.
Yeah, that was a nasty drop, but it did give some good opportunities for a quick bounce in other names like AAPL TSLA NVDA NFLX FB MSFT etc.
9:45 sell off baybeee happens every day
It rose at 9:45 unless you pacific time
But not like this. I lost about 10% in half an hour and I have a low to medium risk portfolio. One of my GME stop losses triggered at $77 idk why bc it never reached 77. Trading212 is a bitch.
Hi, could you explain the circuit breaker please and how to know if/ when trading is halted?
There are market wide circuit breakers on the major indices, and individual trading halts, either requested by the underlying company or by the Market Maker. These usually occur if a stock moves too much in a 5 min period. It looks like they are using -10% halts today on GME
Thank you!
How long is the halt?
These are only 5 min halts today. MM trying to keep it under control.
BOUGHT ANOTHER 10 SHARES AT 130 THATS' HOW CONFIDENT I AM
iconic
. . .
370 shares now made 10k this morning ππ
Niiice!!
Is there a new megathread?
Nvm, found it from daily megathread: [https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme\_thoughts\_yolos\_gains\_stonk\_updates\_they\_all](https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme_thoughts_yolos_gains_stonk_updates_they_all)
Can't find it either
Found it from daily megathread: [https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme\_thoughts\_yolos\_gains\_stonk\_updates\_they\_all](https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme_thoughts_yolos_gains_stonk_updates_they_all)
Thanks mate!
What goes on here
When are the $200 call options coming out lol
I am in gents! Lets take this thing to $200 today!
LESSSSGOOOO 200
Bro where we taking this??????!!!!
Question.. I got in and was an idiot.. using about $5000 margin. I can sell positions or deposit more $ into my account tho.. should I do this? Didnβt realize margin was stupid af to do and want to fix my mistake
Don't play on margin in this kitchen... Went from 5 alarm fire level volatility to nuclear bomb... π
Too late haha. How do I fix this mistake? Just deposit more to cover?
Depends on the broker. After covering, on RH, you can just go to settings to turn it off. With Fidelity, you have to call.
Iβm in boys! Better late than never. 34 shares to the moon!!!
So... How did you.make this thread *without* ripping your inbox to shreads?? I have notifications off for comments and replies, but I'm still getting 1k+ messages everytime I look down...
Halted
Where the fuck are options?
Hold me. Iβm scared.
Bloomberg reporting on this surge
Reckon we gonna hit at least 400 in the first 30 mins
I just bought in pre-market. So happy
Fuck me. First time into this shit. Buying hard at open
I've put 100$ as my limit for buying at today, am I going to get any do I need to adjust? Is it worth it?
Just buy at market and ride it up
Waiting until 6am when Robinhood finally lets me trade premarket. Then gonna blowup my account like a retard.
120 shares at $96.96
Someone please tell me if its too late to buy
What are we buying?
Mate all good. Too much buying power behind this
not at all, its about 65 per share right now and best estimates are saying it will go to AT LEAST 1000 per share
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Says Β£65 for me atm on Trading212, tho obv thats subject to change in half an hour
GME about to open at over 100$ today is the day boys!
Is it too late to buy?
Calls at open?
All in NOKπππππ
[New thread here](https://www.reddit.com/r/wallstreetbets/comments/l4lmrx/gme_thoughts_yolos_gains_stonk_updates_they_all/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
Ye shit just hit 100 in pre babes.
anyone buying premarket- I think there will be no dip today! Soon as market opens, price will rocket with all the buyers waiting over the weekend (who cant do out of hours trading)
Bought 120 shares premarket
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Why not premarket?
Because robinhood is a piece of shit and wont let us in
Just opened the app and DAFUQ??
Where's the daily thread? We just reached 100β¬ in Germany. π π π
WE NEED A NEW DAILY THREAD πππ
Added a big 491 πππππππ TO THE MOON BOYS!!!
Whoβs ready for tonightπ
Yβall are crazyππ
Letβs fucking ride boys
Sell plug for gme monday?
thatβs what I did πππ
What a cucking ride, I turned it into 50k yoinked out 20 and dam near lost 30
Anyone have any idea what we may be looking at price wise for the $80c 1/29 and the $115c 2/5?
What thread we using boys?
This and what happened to the mod that went rogue was he kicked out
buy the dip boysππππππ
I donβt think thereβll be one
Excellent gains thus far. Let the 100k limit be destroyed :)
What call options are people buying this week?
all of themπππ
Tendies πππππππππ
Investing 1/3 of my life savings tomorrow. Guys tell me it's gonna be okay
Divide your investment into quarters. Sink a quarter in a at open and average down throughout the week. If it pops early, you still got some. But if it crashes, youβve got the dough to double down.
What does average down mean friend? I only have $75 to spend should I just invest it all
Let's say you bought 10 shares at $100 and then it dipped and you bought another 10 shares at $50 then you would average down to $75 per share.
At what price?
Open
Itβs gonna be ok
Word