GME thread on wsb is just depressing. If you’ve ever been to a casino at 4AM on a Monday morning that’s what it feels like. Really glad this thread was smart enough not to put any serious money in it.
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Exactly what happened to the Motley Fool boards after the 2000 crash. All the “Well yeah, you have your facts and figures. But my CMGI keeps going up and up and up, so suck it!” posters either left or were so miserable it wasn’t even fun to say I told you so.
I was talking to a guy at the poker table Saturday who got in the GME trade. He told me he was up 40K. I said casually “time to sell”? And he replied back in the most serious tone nope, that’s wrong. I kind of got the impression that he was offended that I would even mention selling.
The chart indicates a good amount of accumulation in the 35 to 45 dollar range so maybe it hangs out around around 50 for a few weeks before all hope is lost and drills back down to 7$ share.
Any buyers here below 10$
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I’ll probably buy some AMC if it goes back to $2.
I had a fleeting thought to buy GME this morning at $69 because I thought it would have support at that price point because of meme number, but i’m glad I didn’t. Maybe some buyers will show up around $40 because it was at that price point for over a week before the mania hit, but I’ll just keep holding my CLVS bonds i guess.
I haven’t seen one good illustration of diamond hands on the internet. Might be time to bring out the paint brushes again.
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Perfect
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It literally started plummeting the next day too.
I still think this is a big story and will be for a long time solely of what happened with the brokers and Robinhood, and I also think that other WSB types will now go into crypto even harder because they saw how fucked the stock system is.
Which fucking infuriates me as I had to literally blackmail Coinbase to get my btc out earlier this year at $9k 
Has he been absolutely freaking out about TSLA? Because there’s no other way to justify the price it’s been at for years. Maybe that’s different because people can delude themselves into thinking it will grow into a trillion dollar company. Like it’s one thing if people are just wildly off about the fundamental value but another thing if people just decide the fundamental value no longer matters?
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Lol this is amazing stuff
To all the autist still want to go to the moon, I have the ticket right here:
+1(817) 424-2001
This is the officially dedicated investor relations number of GameStop. Any GME shareholders can call this and an answering machine will take your call. Go on record with your full name, number of shares and the country you‘re based in. Tell them you have reason to believe that an emergency shareholder vote has to be called, in order to save the company from bankruptcy. Calling the vote means calling shares back to their owners, eliminating all synthetic stock, and hence taking leverage away from fraudulent shortsellers.
https://old.reddit.com/r/wallstreetbets/comments/lcpwh0/how_gme_can_still_be_a_great_play/
wtf
Here is the link to WSB that shows the top upvoted posts flaired as ‘Loss’ within the past 24 hours. Some true disasters in there.
https://old.reddit.com/r/wallstreetbets/search/?sort=top&q=flair%3ALoss&restrict_sr=on&t=day
Obviously this is bad because minus 75k is never good.
But exactly what did this guy do? I don’t quite have a full grasp of options.