Next Gamestop

[NorthernStar]

https://www.zerohedge.com/markets/reddit-rebellion-about-descend-precious-metals-market

I was already in Silver and Gold as an inflation hedge. Send this one to the moon. Come on Silver!!!

 

[Defying]

there is no next. this is flawed logic IMO. i think its safer to assume this was once in a life time opportunity where it wasn't just backing a random stock, it was to have a war with wall st. cannot do this on multiple fronts.

 

[bigwang]

there is no next. this is flawed logic IMO. i think its safer to assume this was once in a life time opportunity where it wasn't just backing a random stock, it was to have a war with wall st. cannot do this on multiple fronts.

This

 

[SmallDaddy]

Doubt whoever they are have that much ammo to play with

 

[brendanjack]

If only trading places wasn’t reality news . It’s a beautiful thing beating them at there own game talk about sore losers

 

[Willie99]

The world is crazy, that's all I got

 

[PatsFan1283]

Thoughts on AMC? It is only up about 50% before all this madness started and most of the shorts need to be covered Mon-Wed next week. Seems like it could spike huge.

Also, AMC does have some long-term utility and viability as a business so if you get smoked, you can just hold for a bit unlike Gamestop.

No sticker shock with AMC either...$200 per for Gamestop getting up there for the zoomer retail crowd

 

[NorthernStar]

Thoughts on AMC? It is only up about 50% before all this madness started and most of the shorts need to be covered Mon-Wed next week. Seems like it could spike huge.

Also, AMC does have some long-term utility and viability as a business so if you get smoked, you can just hold for a bit unlike Gamestop.

No sticker shock with AMC either...$200 per for Gamestop getting up there for the zoomer retail crowd

I jumped in on AMC and NOK this morning to see what happens. They didnt go up and and came down and I jumped out after an hour ( I get bored easily ).

With that said. I dont think the reddit crowd is done. It is a matter of picking the stock(s) that the crowd gets behind. Once there is movement on a stock then momentum trader will jump on the bandwagon. Then you can see a large increase in the stock prices. The angle with large shorts is definitely a very interesting angle that some smart reddit guys saw and capitalized on.

The little main street guy wasnt the only one driving GME up.

The link to the zerohedge article on silver talked about the manipulation of the price of silver. I personally think that with the amount of money the government is printing that we will see two things.....the dollar devalued (government wants to see this so they are paying off the debt with money that is worth less) and there will also be inflation (another thing the government has already said they want). With those two things gold and silver should have their day.

Precious metals are traditionally a hedge for inflation.

Based on historical price ratios of gold to silver....right now silver should be higher. I think silver should be in the 30 to 35 range.

 

[PatsFan1283]

I don't see why they would keep pumping future stocks if there aren't shorts to squeeze. That was the whole point.

 

[Mr_Mark]

If only trading places wasn’t reality news . It’s a beautiful thing beating them at there own game talk about sore losers

@)I like that movie

 

[NorthernStar]

I don't see why they would keep pumping future stocks if there aren't shorts to squeeze. That was the whole point.

I get that. I am looking at how I can make money. There is a whole list of companies with shorts on it. There needs to be an effort to squeeze the short. Which is the next one is the million dollar question.

 

[Ricboff]

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Send me updates I'll repost
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[COLOR=var(--newCommunityTheme-bodyText)]xaa39y

9 hours ago

HOLD ON RETARDS! WE BOUT TO MAKE HISTORY TOMORROW!




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[COLOR=var(--newCommunityTheme-bodyText)]Sneaky_Bones

9 hours ago[COLOR=var(--newCommunityTheme-metaText)]

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They underestimate my financial recklessness when spite becomes a factor.


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[COLOR=var(--newCommunityTheme-bodyText)]shadeglow

9 hours ago
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Don't sell dickheads! Strengthen thy hands!


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This isn’t about GME. This isn’t about Citadel. This isn’t even about tendies.
This about the future of democracy. Of freedom to do with your assets what you wish without persecution. Freedom to have a free market without manipulation.
This is a war. If we lose, we lose the market. We will be letting the billionaires keep us down forever. It will be the start of the end.
Don’t let that happen. HOLD. BUY. STAY STRONG.
WE WILL AND MUST WIN.

.............................................................

Don't lose faith now.
it may be comment after comment repeating this but if we've lost even a cent its not worth giving in and selling now.
This sub is our support system, our lifeline. Apes together strong.
We would be nothing alone, but we are everything together.
This is the best shot we may ever get at intentionally screwing over the scum that loves nothing more than to screw us. don't lose faith, the moon awaits.
.............................................................

[COLOR=var(--newCommunityTheme-bodyText)]d3s3rt3agle

9 hours ago

lads what do i buy i have twenty bucks

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[Ricboff]

https://www.zerohedge.com/markets/reddit-rebellion-about-descend-precious-metals-market

I was already in Silver and Gold as an inflation hedge. Send this one to the moon. Come on Silver!!!

lol


SLV

6 mth daily

look at todays volume, havent seen that level since Aug. GAP up, violent gap up.....gotten break $25.50

 

[Ricboff]

Thoughts on AMC? It is only up about 50% before all this madness started and most of the shorts need to be covered Mon-Wed next week. Seems like it could spike huge.

Also, AMC does have some long-term utility and viability as a business so if you get smoked, you can just hold for a bit unlike Gamestop.

No sticker shock with AMC either...$200 per for Gamestop getting up there for the zoomer retail crowd

AMC

6 mth daily

limit buy order at $5.25 ish--comes to you or no go , gotten assume $5 floor holds (strong horizontal support) , -- would be a gap fill and shoot back up , the breadth of the candle hopefully similar to today's. Vol dropped bigtime, assuming do to platform issues

if you get filled.....well, buckle up


that's how id play it, if i had a gun to my head

 

[Willie99]

If only trading places wasn’t reality news . It’s a beautiful thing beating them at there own game talk about sore losers

Good point, the little guys won.

Don't think the market movers will get caught with their pants down again

 

[PatsFan1283]

AMC at $14 extended trading, GME 390, both up huge overnight

Seems like the brokers are restricting margin trading but not buying too much

 

[PatsFan1283]

They've both retreated since open, momentum seems to be waning

A lot of the runup probably wasn't even retail, just frontrunning retail and getting out

 

[KennyB]

I am in silver as a hedge again Biden. Printing money eventually will catch up with the government. Inflation will devalue our currency.

 

[Bozzie]

I am in silver as a hedge again Biden. Printing money eventually will catch up with the government. Inflation will devalue our currency.

plenty of note printing Pre Biden took care of that already Kenny.

 

[NorthernStar]

I am in silver as a hedge again Biden. Printing money eventually will catch up with the government. Inflation will devalue our currency.

I think you might have mistyped....and meant Trump. The third worse for debt in history.

https://www.propublica.org/article/national-debt-trump