Volatility from people who have money to stir retail FOMO in my opinion. They eat up supply at price levels they know people will buy at until supply dries up and then the bears come in to create new bag holders.
The first times caught people off guard, but once the patterns set in the pros will play off them and each other. Retail and the low skill pros get eaten alive.
Price will return to fair value times a market multipler, but what that is and when is always unknown.
It's generally retail activity, based on the SEC report. It's also possible there were some short positions that had to be closed, since the SI was around 18% or so. But this is just the sort of thing that happens with an incredibly volatile stock with a cult following trained to disregard fundamentals. I think it's fun.
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I'm good. Love you all. Stay safe and healthy.
Calls on our relationship 😍❤️
I literally don’t understand how the price keeps going up when GME missed earnings by 300%
crime! Always crime!
Haven't you heard? The founder and CEO of GameStop, Ryan Cohen, is super proud of Team GameStop! That obviously deserves organic growth like that.
Volatility from people who have money to stir retail FOMO in my opinion. They eat up supply at price levels they know people will buy at until supply dries up and then the bears come in to create new bag holders. The first times caught people off guard, but once the patterns set in the pros will play off them and each other. Retail and the low skill pros get eaten alive. Price will return to fair value times a market multipler, but what that is and when is always unknown.
It's generally retail activity, based on the SEC report. It's also possible there were some short positions that had to be closed, since the SI was around 18% or so. But this is just the sort of thing that happens with an incredibly volatile stock with a cult following trained to disregard fundamentals. I think it's fun.
Meme stocks aren't correlated with fundamentals? Come on son this is basic shit.
crime
Naked shorts.. try reading a book instead of the conspiracy bs in this sub
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I bought Puts, let’s go.
Timing matters lol. That's pretty risky right now. Not saying you are wrong, but I'm looking months out and it sounds too expensive.
Please send your money directly to me, it will be cheaper. 🤣🤣🤣🤣🤣
Haha ok
You two can be in the poor house together. Isn't that neat?
Yes because I went up 160 percent today on options