Legend
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Post by KING KID on May 13, 2024 3:37:19 GMT
GameStonk The Sequel.
Diamond hands.
Time to get filthy rich.
#GME
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Legend
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Post by c on May 13, 2024 13:39:40 GMT
40% increase because he posted a meme on X. That is crazy.
Wonder how much all the lawsuits cost him. Seemed big traders just sued him for whatever they could after he took their money.
While he gets a ton of shit when the smoke all cleared, he made a lot of cash based on sound principals. The stock was heavily shorted and if it rose people would not be able to cover the shares. Long term value was not there, but the short squeeze was masterfully planned and executed.
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Legend
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Post by KING KID on May 13, 2024 13:43:21 GMT
TO THE FUCKING MOON!
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Legend
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Post by c on May 13, 2024 13:46:02 GMT
Doubt it goes back to the moon and I was not invest in it, unless another gamma squeeze can be pulled off.
Bigger bet may be Danny Moses's Tesla short bet. Tesla's last source of real value is robo-taxis but others are already in the market, and Tesla is not. There may not be a place for him to fit in when Musk really can enter the market. Musk begging large investors to buy shares is also not a good look. He has big money on Tesla hitting 50. People say it is crazy, but he made his cash shorting the housing market.
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God
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Post by iNCY on May 13, 2024 14:00:09 GMT
Doubt it goes back to the moon and I was not invest in it, unless another gamma squeeze can be pulled off. Bigger bet may be Danny Moses's Tesla short bet. Tesla's last source of real value is robo-taxis but others are already in the market, and Tesla is not. There may not be a place for him to fit in when Musk really can enter the market. Musk begging large investors to buy shares is also not a good look. He has big money on Tesla hitting 50. People say it is crazy, but he made his cash shorting the housing market. The market is still behaving irrationally due to QE. Too much money that cost nothing moving through the market.
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Legend
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Post by c on May 13, 2024 14:19:02 GMT
QE has fuck all to do with Tesla stock price. It is the prime meme stock still. It just never corrected due to Musk ability to find new "potential" for the company to shift into with new empty promises. I doubt he recovers from the inability to market his cars or AI into the robotaxi industry though.
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Legend
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Post by c on May 13, 2024 14:29:20 GMT
GME hitting the circuit breakers hard today.
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Post by c on May 13, 2024 15:36:15 GMT
Also kid you see the movie on Kitty? Was pretty good.
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Legend
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Post by c on May 13, 2024 15:37:47 GMT
And not a one off he posted a couple of times this morning. God I love this dude.
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Post by Deleted on May 13, 2024 16:24:16 GMT
Is this why they're still in business? Stores barely got physical media let alone a whole store of it.
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God
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Post by iNCY on May 14, 2024 1:50:10 GMT
QE has fuck all to do with Tesla stock price. It is the prime meme stock still. It just never corrected due to Musk ability to find new "potential" for the company to shift into with new empty promises. I doubt he recovers from the inability to market his cars or AI into the robotaxi industry though. Meme stocks only exist due to an oversupply of easy cash. People leveraging at todays interest rates cannot afford to move like they did during the ZIR period.
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Legend
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Post by KING KID on May 14, 2024 2:51:04 GMT
Today was epic.
@ness favorite Andrew Tate is in it.
My guy Dave Portnoy threw 500K on AMC and 500K on GME.
I’m hard as a fucking rock today.
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God
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Post by iNCY on May 14, 2024 3:48:26 GMT
Today was epic. @ness favorite Andrew Tate is in it. My guy Dave Portnoy threw 500K on AMC and 500K on GME. I’m hard as a fucking rock today. How much did you buy and at what price?
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Legend
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Post by KING KID on May 14, 2024 19:33:43 GMT
Today was epic. @ness favorite Andrew Tate is in it. My guy Dave Portnoy threw 500K on AMC and 500K on GME. I’m hard as a fucking rock today. How much did you buy and at what price? 400 shares at 25. Sold at 69 which was my meme sell limit. It flew to 80 though which hurt to watch. Used the 17K profit to buy back in at 55. I currently sit at 316 shares, but down. Waiting 48 hours to withdraw my initial 10K and will ride this free money all the way to the moon. Hell of a day.
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Post by c on May 14, 2024 21:51:27 GMT
Hits 55 again should take the cash and check out. Should hit it tomorrow. Not sure there is disposable income to send it soaring again.
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Legend
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Post by KING KID on May 15, 2024 2:04:44 GMT
Hits 55 again should take the cash and check out. Should hit it tomorrow. Not sure there is disposable income to send it soaring again. It trades overnight on RobinHood and it got as high as 59.99. It’s at 57.55 as I type this. User name Zach Morris is famous in the retard stonk community. Pretty sure he got arrested and shit because of stocks. Anyways he said GMC 300 AMC 69 I’m sticking to GME because I don’t trust the CEO of AMC. I don’t think I have the diamond balls to hold up to $300 but I’m 100% holding into triple digits. At this point it’s money I didn’t have on Sunday. It’s free money. Might as well ride the rocket.
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God
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Post by iNCY on May 15, 2024 16:31:13 GMT
How much did you buy and at what price? 400 shares at 25. Sold at 69 which was my meme sell limit. It flew to 80 though which hurt to watch. Used the 17K profit to buy back in at 55. I currently sit at 316 shares, but down. Waiting 48 hours to withdraw my initial 10K and will ride this free money all the way to the moon. Hell of a day. Hits 55 again should take the cash and check out. Should hit it tomorrow. Not sure there is disposable income to send it soaring again. It trades overnight on RobinHood and it got as high as 59.99. It’s at 57.55 as I type this. User name Zach Morris is famous in the retard stonk community. Pretty sure he got arrested and shit because of stocks. Anyways he said GMC 300 AMC 69 I’m sticking to GME because I don’t trust the CEO of AMC. I don’t think I have the diamond balls to hold up to $300 but I’m 100% holding into triple digits. At this point it’s money I didn’t have on Sunday. It’s free money. Might as well ride the rocket. I don't understand why you think it is going to triple figures? Is this one of those plays where you are squeezing short sellers? I really admire your enthusiasms! A P/E ration of 1,500 is so bad it is hilarious. This is always surprisingly accurate: Did anyone follow the clowns who bought BBY - Bed Bath an Beyond and even after the company was liquidated they were talking about how they were going to be rich through restructures etc. People can convince themselves of anything I guess.
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Legend
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Post by KING KID on May 18, 2024 11:46:22 GMT
Just to be transparent.
I got fucked. 😂
Turned 10-27. Played with the 17, watched it dwindle to 12, cashed out of GME. Bad ape. Thought I was a genius on Friday though when they announced an offering.
Bought into another meme stock (CRKN). Turned the 12-26 in 2 daysand literally just watched it fall from 26K to 8K Friday afternoon into AH.
Why didn’t I sell? Because I wasn’t paying attention and didnt think a drop that large was even fucking possible!
I’m talking THOUSANDS OF DOLLARS! 🤦♂️ 🤮
I have never seen a drop that big in my money doing stonks.
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Senior Member
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Post by KJ on May 18, 2024 18:17:37 GMT
It’s almost like meme stocks aren’t wise investments.
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Legend
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Post by c on May 18, 2024 19:41:02 GMT
Bet Kitty made some serious bank though.
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Legend
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Post by KING KID on May 18, 2024 19:50:24 GMT
It’s almost like meme stocks aren’t wise investments. I think I’m just a gambling addict.
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Senior Member
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Post by KJ on May 18, 2024 20:05:48 GMT
It’s almost like meme stocks aren’t wise investments. I think I’m just a gambling addict. Yes. 😂
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Senior Member
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Post by Gyro LC on May 18, 2024 20:11:43 GMT
These are all pump-and-dump schemes. Don't get left holding the bag.
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Post by Deleted on May 18, 2024 20:20:03 GMT
Invest in PW Bux!!!
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Legend
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Post by KING KID on May 18, 2024 20:33:03 GMT
These are all pump-and-dump schemes. Don't get left holding the bag. Look at GWAV, FFIE and CRKN. All went bonkers this week and all dropped dramatically at the same exact second. No offerings. Just straight robbery.
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God
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Post by iNCY on May 19, 2024 7:42:16 GMT
These are all pump-and-dump schemes. Don't get left holding the bag. Look at GWAV, FFIE and CRKN. All went bonkers this week and all dropped dramatically at the same exact second. No offerings. Just straight robbery. If something goes up irrationally, then it will come down again it is only a question of time. When you're buying into a pump and dump you are buying the bags of those that hyped it. I know you probably won't pay attention to this, but in my pursuit of ever developing my thinking I have been researching logical fallacies. What you feel for is called the "Hot Hand Fallacy" If you watched me flipping a coin and I got heads 5 times in a row, you might have a certainty that this trend will continue or that it can't continue, but every coin toss is exactly a 50/50 chance.
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Senior Member
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Post by Gyro LC on May 19, 2024 7:52:53 GMT
Years ago casinos added a board to their roulette games that showed the history of which numbers hit. They found their profits shot up because people would see streaks and think that certain bets were "due."
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Legend
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Post by KING KID on May 19, 2024 14:50:26 GMT
The thing is I knew it was a bad idea to stay in and stay greedy but it’s the addiction part I half joke about that covers my eyes/brain from functioning normally. It’s FOMO X 10. The thing is I’m not an idiot, I’m an addict.
Also to be fair and make excuses for my problems, I’m up 8K this week. That’s not chump change. It only sounds bad because I was up 26K. I also withdrew my initial 10K that got me started on GME so at least I’m not full blown degenerate. I’m playing with “their money”.
Idk. Tomorrows a new day and the Reddit Apes are going wild for these meme stocks so let’s get back to round 2.
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Canadian Bacon
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Post by Foos on May 19, 2024 15:17:32 GMT
Keep us appraised KING KID. I'm living vicariously through you because I'd never do anything like this. Besides, Mrs Foos makes the investments with a small part of her investment income. I put mine to stable growths and leave it the hell alone. She does too with about 80% and then plays with the other 20%. I remember one year she invested in African oil and made a killing!
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Legend
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Post by c on Jun 3, 2024 15:07:30 GMT
Kitty revealed he is holding 5 million shares and has 120k calls for 20 expiring june 20th. Stock is alive right now.
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