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GME Madness #13862131 01/26/21 06:57 PM
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UTDmiller Offline OP
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So, who got in on this whole GME short squeeze and made hand over fist? The whole situation is pretty nuts but its hilarious to see that Hedgefunds lost Billions


John Miller
Re: GME Madness [Re: UTDmiller] #13862141 01/26/21 07:04 PM
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viet Offline
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It's been incredible to watch. I think it was already halted three times today. roflmao

Re: GME Madness [Re: UTDmiller] #13862147 01/26/21 07:08 PM
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Originally Posted by UTDmiller
So, who got in on this whole GME short squeeze and made hand over fist? The whole situation is pretty nuts but its hilarious to see that Hedgefunds lost Billions

I think BillyVanWard scraped nothing but huge profits off his GME investment positions. Sold all of his holdings seconds before it cratered. Canadians have excellent market timing...much better than Americans.

Re: GME Madness [Re: UTDmiller] #13862151 01/26/21 07:09 PM
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From what I was reading in some stock groups. It's some Reddit group that keeps pumping it. There will be some serious bag holders on that one. But for those that banked off it. Good for them. Wish I could find one that goes parabolic like that.

Re: GME Madness [Re: UTDmiller] #13862152 01/26/21 07:09 PM
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UTDmiller Offline OP
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Its been a wild ride, i got in and out a couple times and just left some pure profits in to see what happens. Definitely not the usual type of stock event i get in on but figured why the heck not this time around, its always good to be a little lucky


John Miller
Re: GME Madness [Re: RickS.] #13862153 01/26/21 07:11 PM
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UTDmiller Offline OP
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Originally Posted by RickS.
From what I was reading in some stock groups. It's some Reddit group that keeps pumping it. There will be some serious bag holders on that one. But for those that banked off it. Good for them. Wish I could find one that goes parabolic like that.


Yeah its the subreddit WSB (Wall street bets) they do some very wild stuff over there, however its meteoric rise seems to be more in response to short sellers not being able to make margin calls and having to buy the borrowed stock


John Miller
Re: GME Madness [Re: UTDmiller] #13862154 01/26/21 07:12 PM
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Originally Posted by UTDmiller
Its been a wild ride, i got in and out a couple times and just left some pure profits in to see what happens. Definitely not the usual type of stock event i get in on but figured why the heck not this time around, its always good to be a little lucky


I saw it this morning back around 88ish. Thought to myself there's no way it will run again today. It appears that I thought wrong. roflmao

Re: GME Madness [Re: UTDmiller] #13862155 01/26/21 07:13 PM
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I wonder what their next one will be.

Re: GME Madness [Re: UTDmiller] #13862163 01/26/21 07:17 PM
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https://twitter.com/toxic/status/1353890766800621569?s=21 This is a pretty interesting look at it


John Miller
Re: GME Madness [Re: UTDmiller] #13862217 01/26/21 08:01 PM
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Some pretty good insight there

Re: GME Madness [Re: UTDmiller] #13862308 01/26/21 09:00 PM
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i dumped all mine at $145 and am happy with that lol, those volatile stocks spook me. I used to do a bunch of option trading and had my fun with those huge swings of gains and loses


John Miller
Re: GME Madness [Re: UTDmiller] #13862367 01/26/21 09:44 PM
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Over $200 in afterhours trading. This is insane.

Last edited by Lon Hagler; 01/26/21 09:45 PM.
Re: GME Madness [Re: UTDmiller] #13862381 01/26/21 09:55 PM
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Elon tweets about anything and the market loses it's mind.


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Re: GME Madness [Re: RickS.] #13862449 01/26/21 10:37 PM
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Originally Posted by RickS.
Originally Posted by UTDmiller
Its been a wild ride, i got in and out a couple times and just left some pure profits in to see what happens. Definitely not the usual type of stock event i get in on but figured why the heck not this time around, its always good to be a little lucky


I saw it this morning back around 88ish. Thought to myself there's no way it will run again today. It appears that I thought wrong. roflmao

That's what I thought too - I got in at 78 yesterday and sold at 90 this morning and was thrilled. It's true value is down around 30-40. This is dumb


Life can only be understood backwards; but it must be lived forwards.
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Re: GME Madness [Re: UTDmiller] #13862455 01/26/21 10:42 PM
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Originally Posted by UTDmiller
i dumped all mine at $145 and am happy with that lol, those volatile stocks spook me. I used to do a bunch of option trading and had my fun with those huge swings of gains and loses

Good for you bud!

How much did you get in at?


Life can only be understood backwards; but it must be lived forwards.
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