blinxz
06-05

$GameStop(GME)$

SEC and the feds gonna shut Mr Kitty's party down for good this time. If you bought this stock thinking it's going to the moon, you're in for a rude awakening. He better sell those call options quick while he can get a profit and run too, because there is no way in hell the options market makers are gonna let this stock close at $20 by June 21. In fact, it'll crash way below that by end of this week or mid next week.

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Comments

  • dr_balls
    06-06
    dr_balls
    question is why if you have over 5% you have to state your position,  why exactly would it be illegal to show your position if you will eventually own under 5%. shorts never closed.  buying more.
  • Guavaxf30
    06-06
    Guavaxf30
    I actually have just shorted GME. Not because of this article but just because GME results are coming next and I don’t see how there can be any good news.
    • Guavaxf30: 
      I closed my shorts last night but then shorted a few times more after. Short and chose, short and close in short sequence.


      But I also have to add that my earlier short has some small forced liquidation late on Thursday when GME hit above $60. But I held on to the majority of position and prayed real heart…. Haha.


      When market opened on Friday, everything came up roses. Thanks.
    • Guavaxf30: 
      Wish me luck please. My shorts are still opened.
    • Guavaxf30: 
      You are righy. Whoever shorted is now feeling really bad.


      But I still hold to the position that GME is not for investing in. Look at past history, even back to 2020, and you will see the peaks only last a few days before crashing down spectacularly.


      Just don’t be the one holding the bag when it does.
    • BLAZ: 
      Still holding that short position? [Happy]
    • Williamare: 
      2 Billion in the bank
      Effectively zero debt
      Cash flow Positive
      Being profitable
      CEO with 10.5% stake
      Insiders holding like silverbacks

      Beware the high risk to short it

  • Guavaxf30
    06-07
    Guavaxf30
    Borrowed this from another article.


    “Ending Thursday at $46.55 per share, GameStop has surged over 160 per cent in 2024. In 2021, the stock reached an intra-day peak of nearly $121 before tumbling nearly 90 per cent in the following five sessions.”


    Always remeber history.
  • KTJH
    06-05
    KTJH
    Dare you to short it
  • Williamare
    06-05
    Williamare
    You like market manipulation right? Now show us your short position smartass 🤡
  • Nl123
    06-05
    Nl123
    Wah what a genius! Now shut up
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